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Topic: 🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021 - page 84. (Read 143533 times)

legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)

yeah investment option is available for BTC/LTC/DOGE (Eth not yet available for public). minimum amounts to invest : btc 0.001, ltc 0.1, doge 2000.


Are you from yolodice team?
I also like to know how the profit is shared? Is it end of the day or week?
Can somebody provide the some kind of profit or loss stats, I am going to use leverage as 1. Is there any KYC required if I want to withdraw my investment.

You can check the FAQ/Help section from your account, how the system works.
As far as i know no KYC is required for any withdraw and from my personal experience, never face any issue in any amount of withdraw from YOLO. Cool
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)

yeah investment option is available for BTC/LTC/DOGE (Eth not yet available for public). minimum amounts to invest : btc 0.001, ltc 0.1, doge 2000.


Are you from yolodice team?
I also like to know how the profit is shared? Is it end of the day or week?
Can somebody provide the some kind of profit or loss stats, I am going to use leverage as 1. Is there any KYC required if I want to withdraw my investment.
member
Activity: 162
Merit: 16
Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)


yeah investment option is available for BTC/LTC/DOGE (Eth not yet available for public). minimum amounts to invest : btc 0.001, ltc 0.1, doge 2000.
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
Hi , I read in site that "invest in the bankroll", Is investment opportunity is still available? Is the limit is also same as mentioned in the site.

1mBtc or 2000 Doge or .1 LTC. (from the site)
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Is this proven and how can the investors ensure their investments are not used in these competition I think is what the above person was intending to ask with his question.
If they're using the investor's funds to pay for the competition then we would see the total bankroll go down big whenever the contest is over but it's not the case since they always collect a portion of the investor's profit. If you don't believe they're taking 35% you could try investing to see it for yourself record the performance of your investment every day and watch your weekly profit reduce at the end of the week. If my explanation sounds confusing you can check their FAQs for investments.  
No this makes complete sense to me. I could do that but from what I remember reading a month ago frequenting the thread they were not accepting litecoin for investments and this competition is for litecoin.
Or have they started accepting litecoin to investors now?
Ill take your advice and I might give this a try to see the results of doing it for myself.
Thanks.
legendary
Activity: 3346
Merit: 1914
Shuffle.com
Is this proven and how can the investors ensure their investments are not used in these competition I think is what the above person was intending to ask with his question.
If they're using the investor's funds to pay for the competition then we would see the total bankroll go down big whenever the contest is over but it's not the case since they always collect a portion of the investor's profit. If you don't believe they're taking 35% you could try investing to see it for yourself record the performance of your investment every day and watch your weekly profit reduce at the end of the week. If my explanation sounds confusing you can check their FAQs for investments.  
hero member
Activity: 529
Merit: 505
I'm on drugs, what's your excuse?
It seems there is some confusion about two things we decided to change recently:

1. We increased time delays for small bets

Small bets have a delay between 0.2s to 1s (and 2s for 0-value bets). We've raised the threshold a bit, so that bets smaller that listed below get a delay now:

- 0.00001 BTC (1000 satoshis)
- 0.001 LTC
- 0.0002 ETH
- 15 DOGE

There are a few reason for this:

- we wanted to give our database some rest, at least for a while,
- the number of small bets we were getting was  impacting the performance from time to time for all players,
- most of the small bets, hunting the green on high multipliers, came from faucet-players.

This is not a permanent change, but we'd like to keep it for a while.

We wanted to keep the threshold relatively small, and it's now ~ 0.05 USD. It does not mean you cannot place bets smaller than these thresholds, it just means betting would be a bit slower. I realize playing with small amounts with high multipliers (yeah, up to x990,000) is great, but we need to find a better solution to keep everyone happy.

If you have any ideas, please share!

2. We raised minimum DOGE and LTC tips to be on par with other coins

The minimum amount of DOGE you can now tip changed from 10 DOGE to 150 DOGE and 0.003 LTC to 0.008 LTC.

I realize DOGE is supposed to be fun, and it's fun indeed to send people small tips for fun. That's why we made min tip in DOGE 15 times smaller than in other coins. We would probably keep it this way if I haven't seen a number of players abuse this to farm faucet :-(

It seems that a lot of changes we keep making is just to make abuse harder, but it sometimes hurts the regular players. Rest assured we keep looking for better and better solution. And most importantly nothing is written in stone - if something doesn't work, we can change it.

Feel free to tell me what you think!

Cheers,
Ethan

Hi Ethan

Just a thought on faucet-players......maybe you could introduce a real delay on any player that claims from faucet, seconds or even a minute between bets. This delay could stay in place until player makes a deposit. For players

with multiple accounts using the faucet on any account should trigger delay on all accounts. This would be fair to players that only play with there own funds, and slow down the leaches.

Cheers Jon Wink 
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!

Are prizes paid by investors or by the casino?


Everything is paid by casino, there is no any special cut from investors coins other than general 35% commission on investors profit.
Is this proven and how can the investors ensure their investments are not used in these competition is what I think the above person was wondering about with his question.
legendary
Activity: 1570
Merit: 1041
The total prize pool for the LTC Profit Competition has nearly tripled so far - check out these awesome prize amounts!





https://yolodice.com/#bonus
member
Activity: 162
Merit: 16

Are prizes paid by investors or by the casino?


Everything is paid by casino, there is no any special cut from investors coins other than general 35% commission on investors profit.
legendary
Activity: 1199
Merit: 1047

Are prizes paid by investors or by the casino?
legendary
Activity: 1570
Merit: 1041

We just launched our newest competition!  Do your best to get as much LTC Profit as you can to win some prizes!

https://bitcointalksearch.org/topic/yolodices-6th-profit-competition-new-doge-exchange-too-5113278
sr. member
Activity: 336
Merit: 254
It seems there is some confusion about two things we decided to change recently:

1. We increased time delays for small bets

Small bets have a delay between 0.2s to 1s (and 2s for 0-value bets). We've raised the threshold a bit, so that bets smaller that listed below get a delay now:

- 0.00001 BTC (1000 satoshis)
- 0.001 LTC
- 0.0002 ETH
- 15 DOGE

There are a few reason for this:

- we wanted to give our database some rest, at least for a while,
- the number of small bets we were getting was  impacting the performance from time to time for all players,
- most of the small bets, hunting the green on high multipliers, came from faucet-players.

This is not a permanent change, but we'd like to keep it for a while.

We wanted to keep the threshold relatively small, and it's now ~ 0.05 USD. It does not mean you cannot place bets smaller than these thresholds, it just means betting would be a bit slower. I realize playing with small amounts with high multipliers (yeah, up to x990,000) is great, but we need to find a better solution to keep everyone happy.

If you have any ideas, please share!


Cheers,
Ethan


I had this feeling since a few days that you have change this and now i read it.
I only can say what i think about this (for someone that have done a few million bets at yolo).
Sure security goes first of course but i dont like this delay on bets if i play with a bot like seuntje i want fullspeed!
Just-Dice also have this sh** and i hate it.

Maybe you should handle this like bv. High lvl user have nearly fullspeed on small bets like 1sat to.
This could also be a way yolo can handle this.

Like
Userlevel 0-10 the delay you have now.
Level 10 - 15 the old delay
Level 16+ fullspeed or nearly fullspeed even on small bets

btw this is only a example i dont know the levelstructur(how many user per lvl exist)


Happy betting
sr. member
Activity: 745
Merit: 471
Admin at YOLOdice.com - fast, fair, play/invest.
I have one question to ask,,, would the delays affect anyone running more than 1 instance of yolodice, from the same account? For instance, opening 2 windows of Chrome, and both running auto. Would the delays still affect the person?

This is not about cheating, but about some people who want to test 2 different strategies at the same time. I have not actually tried myself but hope to do so soon.

If you play on different accounts, it should work fine. Generally playing on a single account from two devices at the same time might result in "bet in progress" error.

Cheers,
Ethan
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
I have one question to ask,,, would the delays affect anyone running more than 1 instance of yolodice, from the same account? For instance, opening 2 windows of Chrome, and both running auto. Would the delays still affect the person?

This is not about cheating, but about some people who want to test 2 different strategies at the same time. I have not actually tried myself but hope to do so soon.

hero member
Activity: 529
Merit: 505
I'm on drugs, what's your excuse?
It seems there is some confusion about two things we decided to change recently:

1. We increased time delays for small bets

Small bets have a delay between 0.2s to 1s (and 2s for 0-value bets). We've raised the threshold a bit, so that bets smaller that listed below get a delay now:

- 0.00001 BTC (1000 satoshis)
- 0.001 LTC
- 0.0002 ETH
- 15 DOGE

There are a few reason for this:

- we wanted to give our database some rest, at least for a while,
- the number of small bets we were getting was  impacting the performance from time to time for all players,
- most of the small bets, hunting the green on high multipliers, came from faucet-players.

This is not a permanent change, but we'd like to keep it for a while.

We wanted to keep the threshold relatively small, and it's now ~ 0.05 USD. It does not mean you cannot place bets smaller than these thresholds, it just means betting would be a bit slower. I realize playing with small amounts with high multipliers (yeah, up to x990,000) is great, but we need to find a better solution to keep everyone happy.

If you have any ideas, please share!

2. We raised minimum DOGE and LTC tips to be on par with other coins

The minimum amount of DOGE you can now tip changed from 10 DOGE to 150 DOGE and 0.003 LTC to 0.008 LTC.

I realize DOGE is supposed to be fun, and it's fun indeed to send people small tips for fun. That's why we made min tip in DOGE 15 times smaller than in other coins. We would probably keep it this way if I haven't seen a number of players abuse this to farm faucet :-(

It seems that a lot of changes we keep making is just to make abuse harder, but it sometimes hurts the regular players. Rest assured we keep looking for better and better solution. And most importantly nothing is written in stone - if something doesn't work, we can change it.

Feel free to tell me what you think!

Cheers,
Ethan

Hi Ethan

How about minimum delay on any BTC bet and kick in delays as value of coin decreases, this would encourage play in BTC. although I bet at minimum at times I've still turned over better than 50BTC

Cheers Jon Cheesy
sr. member
Activity: 745
Merit: 471
Admin at YOLOdice.com - fast, fair, play/invest.
I play on small chances,0.01-0.1, I can't bet at 1000 coins, you don't Have players who you say are abusing the valve, as using the tap drops the level,You just want to force more people to lose increasing minimum bet
Other dice sites also have a delay on smaller bets but the amounts are different. If ethan wants to encourage everyone to lose by increasing their minimum bet he should've set a higher minimum and the delay would be permanent instead of temporary. Using their faucet reduces your xp because you get some xp back once you wager.

As I said, the explanation is simple: handling 500 bets per seconds is not something we can safely sustain in the current setup without affecting performance of the whole YD. It's not that we increased the minimum bet amount, or capped the multiplier, or changed any other rule of the game. We are trying to adjust the delays to balance the game and our servers.

Im not shiller mate! Im talking exactly about what your told that Lotteries have much bigger chance for good win comparing with dice but still people wager a lot of money on dice games and ignoring lotteries..Why? LuckyBlock lottery was called just as an example your know. Sorry for that if it hurt someone Huh Huh
Your post history shows it. A lot of us still play dice because it has one of the lowest house edge. Lotteries doesn't give you a better chance at winning you're against thousands of people and the house edge is very high.

I obviously prefer dice because of:

1. instant result,
2. low house edge,
3. being able to apply different strategies

With a lottery you just play against other players and although the prize pool is often large, the chances to win are not greater than at a dice game. With one I can agree - a lottery can be fun for sure. That's why we are exploring a lottery game too.

Cheers,
Ethan
legendary
Activity: 3346
Merit: 1914
Shuffle.com
I play on small chances,0.01-0.1, I can't bet at 1000 coins, you don't Have players who you say are abusing the valve, as using the tap drops the level,You just want to force more people to lose increasing minimum bet
Other dice sites also have a delay on smaller bets but the amounts are different. If ethan wants to encourage everyone to lose by increasing their minimum bet he should've set a higher minimum and the delay would be permanent instead of temporary. Using their faucet reduces your xp because you get some xp back once you wager.

Im not shiller mate! Im talking exactly about what your told that Lotteries have much bigger chance for good win comparing with dice but still people wager a lot of money on dice games and ignoring lotteries..Why? LuckyBlock lottery was called just as an example your know. Sorry for that if it hurt someone Huh Huh
Your post history shows it. A lot of us still play dice because it has one of the lowest house edge. Lotteries doesn't give you a better chance at winning you're against thousands of people and the house edge is very high.
member
Activity: 270
Merit: 10
I play on small chances,0.01-0.1, I can't bet at 1000 coins, you don't Have players who you say are abusing the valve, as using the tap drops the level,You just want to force more people to lose increasing minimum bet
copper member
Activity: 126
Merit: 0
How dice is better then Lottery on smart contract? The same algorithm but ther is much more chances to win the Jackpot. As an example in LuckyBlock Lottery you can win 1 billion!! Much better then dice with 50% of win of your bet, is not it?
Where can I explore the smart contract? Is it audited? If not that lottery does not have any sense
Probably not.  My guess it's some third-rate trash site that'll be a scam in a couple weeks anyways, seeing as they've been spamming posts all over BitcoinTalk in unrelated threads about it.  Already reported them.

It is just funny to compare dice game with smart contract project, as both are very different IMO. Lottery cant be better than dice game in case of winning chance. Probably paid shill account to advertise the project, no need to think about it seriously.
Im not shiller mate! Im talking exactly about what your told that Lotteries have much bigger chance for good win comparing with dice but still people wager a lot of money on dice games and ignoring lotteries..Why? LuckyBlock lottery was called just as an example your know. Sorry for that if it hurt someone Huh Huh
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