Topic: 🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021 - page 74. (Read 143533 times)

What is the point of having this two investment? I believe it will pay you out in the end because bank will never lose money, even if they lose it back, in the end they will take it back again. Just matter of the time anyway but if you think that you will always play just to gathering back on what you loss from before, believe me I tried it and it does not end up well. It is better to invest it on the max button if you want to get a short term income or vice versa. This is proved to be a very effective way on investing

No problem,,, I am sure you guys deserve the break anyway, we will all be here and those of us who do not have the 4 seasons like you guys, we will be here gambling and investing, rain or shine (no snow for me however!).

Enjoy the holidays everybody!

Sorry guys there is no competition this week - mostly due to holiday season. Make sure you are back next week, we'll start something for sure.

Cheers,
Ethan

You could also check out our investment page https://yolodice.com/#stats/investor - it shows history records as well as breakdown of current investments, with such details as time opened, amount and profit.

Investments make sense when they are long-term. I can see pretty impressive ROI on some old investments, but this is absolutely NO guarantee about future profits. It's as with stock shares or forex trading.

Cheers,
Ethan

Hi,,, I know a lot of people answered you already, but I will share my feedback as well as a new player and new investor. Like hash,,, I started investing almost as soon as I joined the signature campaign. This was the end of February,,, so 5 full months already.

I have two investments at x10 at the same time, to ratio of 2:6 more or less. As DarkStar says,,, risky but the only way to keep up the bankroll.

The bigger investment is permanent in the sense I don't play with it. But if it goes into losses, I use the first investment to play until I recover the loss. So I actually take a lot of risk but it is gambling right?

But purely investment wise:
Investment profit since end of Feb: 0.3%
Investment profit since 13 June: 1.90%

The site's total bankroll is 3531 BTC. With a 10x leverage (I'm assuming you don't mean 10%), you would have a 0.00283% share of the bankroll. YOLODice's turnover in the past month as 615 BTC, so they site expects to profit 6.15 BTC which becomes a profit of 3.9975BTC for investors. Assuming that volume levels stay relatively similar, the bankroll size stays relatively similar, and the site is at or close to EV, you could expect to profit 0.000113BTC which is about a 1.13% monthly return.

Personally I wouldn't recommend using a 10x leverage, but unfortunately it's kinda needed to keep up as 97% of the bankroll is on 10x. If a whale ends up winning 10% of the site's bankroll, your investment would go poof. My 3x leverage investment is at a 6.214% ROI in 508 days.

Thanks again. I am already on the risk, as I accumulate each month before withdrawals. I am only losing the profit. It is small, but everything counts.

Yes, you can close and open investments anytime you want, without any limits or penalties. And the moment you close your investment it instantly moves to your balance and you can withdraw it like normal.

It can be a good idea to turn your sig payments into investments instead of withdrawing them each week, you'll save on withdrawing fees and will very likely make some profit in the long run. I think it's well worth the risk.

Thanks for the fast response. That's a good return.
One more question.

Can I withdrawal anytime I want? Can I click invest now, and remove in one week ?



You are right. But as I receive money there everyweek, and I don't withdrawal every week, I have an interesting opportunity to invest.
I could invest my earnings of 3-4 weeks , withdrawal and start again the next month .

One issue with investing to consider is this...

How long do you plan on leaving your coins on the investment account.

Because due to bad luck, right after you invest the site could be operating at a loss where the gamblers are winning. However since its a casino with a house edge, eventually they will be in profit. However this could take time.

Right now BTC is almost $10K, say it goes to $15K or $18K very quickly but your investment is at a loss, what will you do? This is something to keep in mind.

I started investing shortly after I joined the signature campaign, so it's been around 2.5 years, I guess. I usually kept 0.1 BTC invested with x10 leverage, sometimes a bit more, sometimes less, but most of the time it was 0.1 BTC. My total profit from investing is 0.0333 BTC right now, so, it's around 13.2% yearly ROI. If you want more precise data, you can look at the investor stats and do some math.

I've been investing in other casinos, and return from YOLOdice are much higher compared to them.

Hello.

I was thinking about investing in yolodice. But the FAQ is too complex , and I would like to hear from investors.
Did you receive 0.007% in a good weekend?

Tell me, if I let in yolodice something like 0.01 BTC, 10% leverage, how much will I have in a month? Considering past performance, ofc.

I know it's not precise,but 1%, 10%, 0.0001%? I just want to have an idea of how much it is profitable. Thanks.

Hi everyone

Kiritsugu is right - I am keeping the number of people involved as minimum as possible. There's a reason for it: a great of the hacks you read about are inside-jobs. Since we handle not only our own coins, but those of players and investors, it's dramatically important. And even a slightest hack could ruin the whole project - a single leaked seed (like on Primedice), an authorized access to private data, any privacy leak... It's just not our data in the database, but data of thousand of players.

Anyway, only two people have unlimited access to the data and hence have the power to change the data (including fixing deposits/withdrawals, recovering user accounts, browsing account history and data etc.). It's me and Scott. All other mods have some power tools they can use, but they work in a limited environment. So that even if someone hacks their account, there are not going to be any serious consequences.

So, live chat support. The only thing it would actually do would be to funnel all the issues to me and Scott anyway. That's why I am thinking our email support system (at [email protected]) is much better - you can email us even if we are off-line, there is me, Scott and Kiritsugu handling the tickets and it has been working pretty good so far.

I am not sure about you, but personally I am really pissed of when a site has "live chat support" and apparently all it does anyway is tell you that "your message will be delivered when someone gets online. leave email address". And this happens pretty often, believe me :-/

So, we'll continue to work with email support. But on the other hand, from what I see you can pretty often meet mods hanging in chat, so if you need help, they can direct you what you should do. I can also see many helpful players in chat and some question are answered without even involving mods.

Cheers,
Ethan

Hey Kiritsugu, thank you for taking the time to explain this, and I hope that this level of transparency is going to reassure a lot of people. I actually agree that live support is not going to be needed at this time, and we have all seen how staff members can sometimes be additional entry points for security.

How many hacks have been because of present or past employees, right?

We trust Ethan, otherwise we would not be using this site,,, so we trust also his decisions and if support is still taken care of in a timely way, we have no issues.

Having a dedicated chat support is not a bad idea as majority of the professional gambling sites will implement these to facilitate proper support round the clock and no admin will share the back end privilege to mods in chat but the admin can share the necessary privilege needed to sort basic customer issue if there is a dedicated chat system and it will be a great addition to any platform and it will attract more customers.

To add to this conversation:

For anyone that doesn't already know this, I am Randall on-site (UID 7), a Moderator, but I also help Ethan run Support and a few other things.  If you've ever sent us a ticket, chances are you spoke with me at some point.  However, I only have limited authority, and I cannot help with things like balance issues, or stuff like password resets.  Ethan and Scott are the only ones that can do that kind of thing.  I have asked him many times in the past to allow me to be able to help with some of the more sensitive things, but it all boils down to security.

Ethan's biggest concern is not the cost of more Support members (and really, we don't need more, our response times are actually quite fast, especially if it's something I can handle, I'll answer straight away), it's maintaining a secure environment to help YD's userbase.  The more people you have with authority, the more security risks you are taking.  I have been working closely with Ethan for over 3 years now, and I daresay if he doesn't yet trust me with sensitive matters, it'd be silly to assume he'd go out and hire someone he's never met to do the same thing.

And as someone else said, many of the sites that have live chats, those members still don't have the authority Admins do, and often need help from them anyway.

Additionally, Ethan is handling millions of dollars worth of coins, not just his own, but thousands of other peoples', since the site is open to investments from the public.  This puts a HUGE pressure on him to keep things at maximum security.  I'm sure if you were responsible for hundreds of thousands of dollars of other peoples' money, you would be hesitant to hire some company or people you don't know too.

The last 1-2 months have been a real struggle for Ethan IRL, which is why some tickets have had increased response times when they are waiting on him, but I've spoken to him about this, and things should be better from here on out.  So hopefully, even tickets waiting on Ethan will go back to ~24h response times or less (usually a lot less, if it's something I can handle).

Even if a live support is with you all the time they would also tell you to wait because most support doesn't have the same powers as an admin. .

You already have the mods in the chat, don't they provide enough relief if you're looking for a person who could assist you? I agree with Avirunes that it's unnecesary to have a support.

What can support do? Mods can only pass on the problems but eventually main actions and decisions can only be taken by admin. There is a proper way of doing things so at this point one should understand and wait for admin to come up online to resolve this.

I don't think adding live support will change the situation.

Ethan contact me and solved my problem.

I agree that here is the place that Ethan can look for people to work for him in live chat support.

You can have big invester for 100 BTC and no 24h support, all major dice sites have live chat from
Intercom company, it is not so exprensive to have it, but you have that good feeling if you have some
problem or you need to verify big amount withdraw that you have real person there for you all the time.

Yolodice must have live chat support.

I know how it feels, but as a player we should have a password backup to avoid this kind of problem. Indeed I have to agree that Yolodice should have more supports to serve their players for any possible issues, as if it is relying on one person only (Ethan) so there might be a big problem whenever many players are experiencing similar problem or even bigger problems but Ethan is not able to online for several days. I also know that it is not an easy thing to trust other people to be good support who can handle user's problem but I believe there are many people in this forum that can be trusted to be "assistant" who help Ethan.