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Topic: 🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021 - page 33. (Read 143533 times)

legendary
Activity: 1199
Merit: 1047
I lost in the last hours way more LTC than I should have lost based on my percentage of the bankroll (around 2.5 times as much). I'm at -61% ROI, but the bankroll didn't decrease that much. How is that possible?
legendary
Activity: 2562
Merit: 1414
What happened to LTC bankroll was at least unfortunate (for us - investors), and it's still hard for me accept it. Statistics however is cruel - when playing close to max site profit, things like that can happen. And they did. Unfortunately for investors, fortunately for players.

Think of the positive side of this, this totally serves as a warning for fellow investors that there is a risk in investing on a gambling site as well. Nowadays people tend to think that investing on a gambling site is safe haven while in fact it is not. This also serves as a positive message to fellow gambler out there that this site definitely pays out and more high rollers could be coming to the site to try their luck out as well  Tongue
legendary
Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
Well, the recent winner seems to have a lot of luck. I was constantly checking his bets and stats looking for anything unusual that would indicate it was not a fair game, but I found nothing so far. We looking at anything suspicious in our code and in server logs just to make sure nobody has access to server seeds, but we found no leak.

However, this clearly shows us that with max bet profit at 1% of site bankroll the volatility can be huge - probably too big for some investors to accept. Therefore, in order protect investors' interests and decrease variance a bit

we have decreased max bet profit from 1% to 0.5% of the bankroll
(for all coins)

We believe the new rates are still OK for most of the players (especially since the crypto/fiat has grown quite a bit recently), while providing more steady income for investors.

What happened to LTC bankroll was at least unfortunate (for us - investors), and it's still hard for me accept it. Statistics however is cruel - when playing close to max site profit, things like that can happen. And they did. Unfortunately for investors, fortunately for players.

While as an investor I hope to never see anything like this again, there's also something for players as we all witnessed these winnings - winning huge amounts is not impossible, quite the contrary.

Cheers,
Ethan

Appreciate the quick response Ethan - very professional as always! I like that you are monitoring the logs and also cutting the max win to 0.5% should decrease volatility a lot.
sr. member
Activity: 745
Merit: 471
Admin at YOLOdice.com - fast, fair, play/invest.
Well, the recent winner seems to have a lot of luck. I was constantly checking his bets and stats looking for anything unusual that would indicate it was not a fair game, but I found nothing so far. We looking at anything suspicious in our code and in server logs just to make sure nobody has access to server seeds, but we found no leak.

However, this clearly shows us that with max bet profit at 1% of site bankroll the volatility can be huge - probably too big for some investors to accept. Therefore, in order protect investors' interests and decrease variance a bit

we have decreased max bet profit from 1% to 0.5% of the bankroll
(for all coins)

We believe the new rates are still OK for most of the players (especially since the crypto/fiat has grown quite a bit recently), while providing more steady income for investors.

What happened to LTC bankroll was at least unfortunate (for us - investors), and it's still hard for me accept it. Statistics however is cruel - when playing close to max site profit, things like that can happen. And they did. Unfortunately for investors, fortunately for players.

While as an investor I hope to never see anything like this again, there's also something for players as we all witnessed these winnings - winning huge amounts is not impossible, quite the contrary.

Cheers,
Ethan
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
Hey! I just want to ask since I am a little bit worried about YOLOdice. What will happen to YOLOdice if ever the one who is playing in Litecoin bankroll will totally wiped off the entire LTC bankroll? I have seen him/her ripping it continuously which results to a massive loss especially to LTC bankroll investors.  Huh

Seriously, this guy is insane. Is there any chance that he found a big security flaws?

Would be nice to hear Ethan comment on this as it seems pretty strange to destroy the bankroll twice like this and there is no leverage...
I believe ethan is monitoring the situation and if there is something suspicious, he will take some measures.
The guy is changing the seed continuously in the same run, so I assume if he hacked his seed somehow it will be a waste of time to change it like that..didn't check today bets yet but last time it was x2 chance with win/loss. Whether he is a good actor or a lucky guy!
One possible measure to slow down this massive win, is to reduce max bet amount.
legendary
Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
Hey! I just want to ask since I am a little bit worried about YOLOdice. What will happen to YOLOdice if ever the one who is playing in Litecoin bankroll will totally wiped off the entire LTC bankroll? I have seen him/her ripping it continuously which results to a massive loss especially to LTC bankroll investors.  Huh

Seriously, this guy is insane. Is there any chance that he found a big security flaws?

Would be nice to hear Ethan comment on this as it seems pretty strange to destroy the bankroll twice like this and there is no leverage...
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
Lucky guy till he gets busted because if he is still continuing to bet with so much profits already made might even lose in the end just like what happened last time with the person who won in btc and then lose big time. Same might happen here as well also just thinking what is making him to continue when he has won such a huge qty already.

I fail to understand why can't people stop after getting adequate profit. I understand that he is lucky this time but this luck can turn into his bad luck anytime if he keep on playing. He should take profit and move on. Even if he want to play more, he should only use portion of his winning so all his money is not lost in case he loses.
sr. member
Activity: 2030
Merit: 356
If I had that much money, doesn't matter how much more money, I would totally not gamble on a crypto casino, I am just too poor to imagine that I could risk that much money away. You could give me 200 billion dollars (yes with a B) and I would still be too afraid to gamble this way, I am just not that type of person, I wouldn't even have that kind of money because if I ever get even remotely close to couple million dollars I would just sell all and put it on savings account and live off the interest without trying to go even bigger.

What is the need to have so much money when you could just live a comfortable life without ever worrying about money, that is like 5 million dollars max even for a person who lives in USA, in my nation you could live forever with 500k (well not forever, until you die) without worrying about money.

That's your thinking but some people play gambling to get fun only. Even I know people who are very rich and they play gambling to get enjoyment and in this process they lose money. Also some people think that interest are too low profit on the money and they want to try something which can give more profit like gambling.
legendary
Activity: 1904
Merit: 1563
Hey! I just want to ask since I am a little bit worried about YOLOdice. What will happen to YOLOdice if ever the one who is playing in Litecoin bankroll will totally wiped off the entire LTC bankroll? I have seen him/her ripping it continuously which results to a massive loss especially to LTC bankroll investors.  Huh

Seriously, this guy is insane. Is there any chance that he found a big security flaws?
legendary
Activity: 1570
Merit: 1041
I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

1. it must be a winning bet
2. it must be a roll of _77,777 (as in if you roll 777,774 it is NOT a jackpot, but 477,777 would be)

f is the multiplier used in the formula, which changes based on the coin
percentage_of_jackpot_won = 100 * bet_amount * f

so if you roll 0.01 BTC you would get 100%=100*0.01btc*100
if you roll 0.001 BTC you would get 10%=100*0.001btc*100

if you roll 10,000 DOGE you would get 100% = 100*10,000doge*0.0001
if you roll 100 doge you would get 1%= 100*100doge*0.0001


Yeah, just to clarify, what you (BlackFor3st) said in your initial post is incorrect.  You said "f is the minimum bet amount" but it's not, it is a multiplier that changes based on the currency.  If you physically click on the Jackpots at the top (its a button), it breaks the formula down for you, as well as the "minimum amount to win the whole jackpot", and you can bet less than this number to potentially win a percentage of the jackpot according to the formula, exactly as Rawdog said. Smiley
member
Activity: 149
Merit: 25
I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

1. it must be a winning bet
2. it must be a roll of _77,777 (as in if you roll 777,774 it is NOT a jackpot, but 477,777 would be)

f is the multiplier used in the formula, which changes based on the coin
percentage_of_jackpot_won = 100 * bet_amount * f

so if you roll 0.01 BTC you would get 100%=100*0.01btc*100
if you roll 0.001 BTC you would get 10%=100*0.001btc*100

if you roll 10,000 DOGE you would get 100% = 100*10,000doge*0.0001
if you roll 100 doge you would get 1%= 100*100doge*0.0001

sr. member
Activity: 2296
Merit: 348
If I had that much money, doesn't matter how much more money, I would totally not gamble on a crypto casino, I am just too poor to imagine that I could risk that much money away. You could give me 200 billion dollars (yes with a B) and I would still be too afraid to gamble this way, I am just not that type of person, I wouldn't even have that kind of money because if I ever get even remotely close to couple million dollars I would just sell all and put it on savings account and live off the interest without trying to go even bigger.

What is the need to have so much money when you could just live a comfortable life without ever worrying about money, that is like 5 million dollars max even for a person who lives in USA, in my nation you could live forever with 500k (well not forever, until you die) without worrying about money.
hero member
Activity: 3052
Merit: 651

It's really crazy to see where these altcoin whales go sometimes. I always wondered why they don't just stick to one place that pays out, since that's generally what I do (trust, loyalty?), but I guess most gamblers are a bit superstitious and move on when they feel their hot streak has ended... which seems to be the case for this guy. LTC bankroll got fat, how low did it go when it was murdered?Wink

If I am to put myself in their position. I won't either.
After a win I might try something else.
Don't want to get stuck doing the same thing over and over again and just keep on losing it.  Grin

Superstitious beliefs will always be there.
Winning that high will make you escape for days and enjoy it. But I am sure they will be back.  Grin
legendary
Activity: 3500
Merit: 1354
I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

AFAIK there is no minimum bet requirement for the jackpot, means that you can win it with any bet amount.
You'll always get a percentage from the jackpot based on your bet amount.
The smaller your bet amount, the smaller percentage you'll get from the jackpot and vice versa.
Just take a look at the jackpot winner history, there are some examples of jackpot hit with small bet in ETH and BTC.
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.

Yes, the jackpot is available to anyone. Any bet that hits the jackpot with bet amount less than indicated by f will win only a portion of the jackpot. The exact amount of jackpot winnings is calculated using the above formula. f is the minimum bet amount to win the whole jackpot and varies for each cryptocurrency.

For example:
If you hit the jackpot with a bet amount of 1 LTC you will win the whole jackpot.
If you hit the jackpot with a bet amount of 0.5 LTC you will win 50% of the jackpot amount.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
I am a little bit puzzled with regards to your jackpot. I was puzzled about the formula, f is the minimum bet amount which is a little bit understandable.

But what I want to know is whether the Jackpot is available to anyone? or it has a certain rules to be able to participate in it like the minimum bet that
are present in the formula.
legendary
Activity: 2562
Merit: 1414
I always wondered why they don't just stick to one place that pays out, since that's generally what I do (trust, loyalty?), but I guess most gamblers are a bit superstitious and move on when they feel their hot streak has ended... which seems to be the case for this guy.

There is no point to stick on one site unless there is some decent amount of rakeback offered. It is either you win or you lose, if you win right now then there is a good chance you are going to lose next so why bother wagering on the same place. Either that guy has withdrawed or probably he is trying to cool down for now, Im guessing it to be the former option but he probably still has some left after withdraw  Tongue

LTC bankroll got fat, how low did it go when it was murdered?Wink

Around 3k ish , There was over 8k LTC profit before the player won and it was going to down to probably 3k. Right now it is back to 4.8k LTC with the player losing probably close to 1k LTC
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Wow I have never seen a bankroll get murdered like the LTC bankroll just did - and there is no leverage. Insane!
I never seen this kind of winnings before, it's really a huge amount of LTC before a whale loses a huge amount and now I think whales are getting back to get their losses. Well I hope I can be a whale someday.

And now its up circa 20%. Some massive betting going on - Really cool to watch!

It's really crazy to see where these altcoin whales go sometimes. I always wondered why they don't just stick to one place that pays out, since that's generally what I do (trust, loyalty?), but I guess most gamblers are a bit superstitious and move on when they feel their hot streak has ended... which seems to be the case for this guy. LTC bankroll got fat, how low did it go when it was murdered?Wink
legendary
Activity: 1199
Merit: 1047
It should have been hard to win so much as the max bet would be shrinking as he won. That should have slowed down the win rate as it dropped, yet he still managed to win 4600.

Exactly, that's why it's so impressive. It's like they have been targetting max profit and consistently winning (so I guess he was making big bets with a high probability of winning).
member
Activity: 149
Merit: 25
It should have been hard to win so much as the max bet would be shrinking as he won. That should have slowed down the win rate as it dropped, yet he still managed to win 4600.

But max bet profit to start was up near 78 LTC I believe. It was down as low as 15 but is now back up to 32 because some one has been losing.
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