Post
Topic
Board Gambling
Re: Re: 🔶 YOLOdice.com 🔶 suspending on 1st March 2021 :-(
by
janggernaut
on 21/02/2021, 12:59:43 UTC
i really wish this wasnt true. i stuck in the site because i hoped that my investments would at least go back to what they were. instead, it is shutting down and i am minus on all 3 investments

-0.214 btc
-1.476 ltc
-98,889 doge

this is the worst investment i have ever made and now that it is disappearing it is just a loss

meanwhile the site has made for the owners

+430.917 btc
+6,946 ltc
+109,684,179 doge
+4,305 eth

so they have made tons of commission while a lot of us lost a lot of our investments. if we were still on the old method of profit sharing i think we would actually be ahead instead of so negative. our investments pretty much just went into the hands of the site owners

at todays prices the site has made the owners $41 million just since going to the new model if we include eth totals in there
I would like to point out that considering those values you listed as profit made for the owners is completely unrealistic.  There is a HUGE difference between revenue and profit.  ESPECIALLY when you say "in today's prices" when the site hasn't made any real profit in the last 6 months or so during this price surge, and a huge portion of that revenue was generated much earlier than this recent price spike.

I don't know the exact numbers, but I can tell you that a large portion of the owners' coins went back into the site and player's hands by means of faucet costs, referral costs, rakeback costs, site maintenance, and competitions and stuff on top of that.

You know investing in a site still carries risk, right?  The site can close like it did in this scenario, the site could be hacked, the owners could run off with everyone's coins, or even if the site continues to run, someone could win the entire bankroll.  Just because you're investing instead of gambling doesn't mean you will "win" every time.
This is correct, and that guy even said like this
never invest anything you are afraid to lose
And this
if you cant afford to lose it then why would you risk it knowing that there is a chance it all disappears?

And now he is begging for Yolodice to running again until atleast his investment recovered? Let me tell you something @arisatox,
never invest anything you are afraid to lose