Post
Topic
Board Gambling
Re: 🔶 YOLOdice.com 🔶 FAST, play & invest, 2BTC JACKPOT
by
sir_lanka
on 18/05/2017, 21:54:20 UTC
Not always positive - but been doing well every week so far Smiley

Statistically positive Wink

That's why the investment is alway a cool thing in a casino ^^

Btw, I got a question. Is there anything securing the invested funds?

Over the long term the investment will pay off nicely. Short term anything can happen. The next player could max out a bet and win. So then you lose money but it's a short term loss. After a while you will have enough built up to take losses without even losing profit at all.  That is when the investment picks up and by that time it is already long term and worth holding on to.

That's right. Statistically you can expect that site profit is 1% of site wagered. It's quite easy to calculate this on paper, it's also there in our FAQ. Imagine this is  averaged over all possible universes and scenarios, something mathematicians call "expected value". It can be off from a real-world value, but as long as people keep wagering, yep. Math is definitely on our side.

Cheers,
Ethan

I guess that explains it all. So as long as we can make people keep coming back or evem new ones to wager their momey we could increase the bitcoin we will receive after that right?
That really sounds good though it is hard to invite people to make them gamble.
What if they just invested? Will that add up?
If you already invest, and you invite people who ONLY INVEST you will earn slightly less on your investments since you now own a smaller share of the sites profit. This also assumes they don't invite other people.