Topic: BetterBets.io |V2 NXT betting + Shapeshift.io|🎲 DICE★PLINKO★PVP Game CORE - page 80. (Read 315811 times)

Partner up w/ an IT-security/network infrastructure/programming type, or are you worried about trusting them w/ 'keys to the site'..?

CBTC is "CasinoBitco.in" and I agree with a lot of what you've said. I have knowledge of a lot of this stuff but not the security aspect, sadly.

Glad see 2 winner drawn this week break up the month for raffle.

So.. many weeks have gone by since Venus Ventures' last, most terribly irresponsible & stupid encounter w/ Lady Luck's giant evil dildo of Martinfail demolition..

..& I've managed to put together a puny little bankroll to begin a slow recovery, ponderous, but promising if diligently pursued, using mostly x3, x4, ~x4.68, x5 & x5.5 payouts, in semi-martingale betting (restricted, avoided as much as possible, & stop-loss-capped at ~8-11x of the base bet amount - which is a variable from ~0.085% to 0.5% of available MP bankroll).

When seeing lots of very low or very high % rolls, I'll at times begin chasing a 'copy' of said result but w/ a generous x1.5 to x2.0 'margin' for it to be loosely 'copied' into, at the opposite, or at the very same end of the rolls spectrum (e.g., I'll see a 2.28 roll, this would certainly mean, according to this theory, that another 97.5-99.99, or 0.01-2.50, would be coming soon - However, by modifying this 'expectation' w/ a x1.5 or x2.0 'margin', we end up & begin rolling for ~x20 to ~x27 payouts, yielding win odds of >95-100% / >96.07-100%, or <0.0-5.0% / 0.0-3.93%) ; Which tends to depend on exactly how the pseudo-random algorithm recently distributed rolls in recent games results, with a given seed #.

Occasionally, when seeing large (> 4-5) streaks of 0-49% or 51-100% rolls, I'll try a few x2 bets, keeping a loose hand on the 'Martingale +100% bet size on loss' rule, & a very tight resolve on the 'stop-loss & give up' rule as soon as things get too streaky, because it will happen.

You never know just how far a streak can go, and the best way to lose all is to tell yourself "Ok this is it, there is no way this could possibly do another roll that low / that high again, right..!??!?!"  There are fundamental math reason why this so often leads to doom - [1] Statistically, at some point, there has to be some giant ridiculous streak one way or another, as that is how pseudo-random distribution will arrange itself. You can actually expect it coming (but just not be able to realistically bet on it). [2] To win on average, you must ensure a reward greater than your risk taken. When martingale'ing to the ends of the earth, on huge streaks, you begin to take risks that, in relation to your bankroll/net worth at least, are far higher than the potential reward. THAT, is why, before everything else, infinite or large-streak martingale'ing is a losing proposition, of the highest order.

What most of my sessions look like :



The #1 key, as is always the case with every single 'wealth growth' endeavor, whether investing, trading, or gambling, is really to accept that moderate losses cannot be put off forever - they WILL come, and to be able to accept & move on forward, w/ slow, limited-risk, normal size recovery when they do happen - NOT try to fight, delay, or chase losses as that is like saying "I deserve to defeat the mathematical forces of the Universe and therefore will benefit from parabolic bankroll growth infinitely, or at least for an extremely long time, without a single significant pullback" which, invariably, of course will get you rectally reconfigured in ways you never even imagined were possible ;/


I must use this opportunity to congratulate Bjorn once again for maintaining, even in the face of frustratingly dwindling volume, all the promotions, giveaways & cashback rewards BBets is famous for, & will offer the following rationale as to why players stick to ancient, established places like PRC, JD & PD vs. new, more advantageous gambling spots like BB :

Human psychology is risk-averse, and lazy. Thus, people tend to stick to what they're familiar with ; that's how we have the 'breaking out of comfort zones' expression. Old sites make sure to even reinforce this behavior, by implementing loyalty/veteran features such as Account Levels for PD, etc. Also, the very same 'stuck-to-what-they've-always-known' bias applies to what internet users are even aware/informed about - Most of them simply don't even know about MP, let alone BetterBets. I've never once seen an ad for either on faucet banners & SolveMedia captcha's, which understandably, don't come too cheap.

When 'espringe' (Eric S.) sold MoneyPot (now named BustaBit) to Ryan in Oct. 2014, it prodded Dooglus to finally give in to all the requests from fans/friends for him to re-open Just-Dice. I think this is when they did the CLAM altcoin project, and encourage investors & players to use JD w/ Clams instead of BTC.

Since then, Doog has indeed been 'dealing w/ BTC gambling anymore' since he remains the Just-Dice owner. He even made an appearance on BustaBit chat lately, which surprised me - a legend from the 'Eric days' ;p  Idk who 'CBTC' is.

The thing w/ Ryan is though he is absolutely the best owner that could've happened to both MP, BaB, & now PPot - MoneyPot's utility to fledgling, inexperienced, lazy (lol - I'm the worst ;p) app developers is a true miracle which I appreciate daily - he does suffer from what I affectionately call 'lazyilitis', causing him to spend some time every few months or so, trying to lighten his workload & free up his daily time from all the administrative, business/marketing, & security work from his gambling projects.

Now, this periodic effort, I think, kinda tends to be more for 'self-appeasing' purposes than a 'genuinely realistic' expectation of finding an outstanding buyer whose skills, background & outlook are formidable enough to let Ryan responsibly change ownership.

So, /tease (LOL) - very sorry Ryan, but, just as happened w/ the 'BustaBit is for Sale!' auction a little while ago, I fully place my bet on no prospective buyer showing up w/ enough IT/Gambling 'mettle' to take over this time neither ;3

Tried to join in but mobile atm and 'net sucks,

Come join us on Betterbets for some fun horse racing Check out the thread here

https://bitcointalk.org/index.php?topic=1251620.new#new

Nice streak Captain! On the road to recovery I see congrats

Cashback rake and affiliates payments have been credited to players' Moneypot.com secure wallets. Thank you for playing at https://betterbets.io and welcome to all new players!

Congrats to one of our players for hitting Bronze VIP this week and earning 1.2 BTC in rake!

If you would like to earn rake for playing power plinko, dice, or horse racing please see the weekly payouts below:

We keep track of each players betting volume and every sunday payout cashback rewards based on the following payout brackets:

> 5 BTC weekly volume: 0.005 BTC
> 10 BTC weekly volume player is credited: 0.01 BTC
> 15 BTC weekly volume player is credited: 0.02 BTC
> 25 BTC weekly volume player is credited: 0.05 BTC
> 50 BTC weekly volume player is credited: 0.1 BTC
> 100 BTC weekly volume player is credited: 0.2 BTC
> 150 BTC weekly volume player is credited: 0.3 BTC
> 200 BTC weekly volume player is credited: 0.4 BTC
> 300 BTC weekly volume player is credited: 0.6 BTC
> 400 BTC weekly volume player is credited: 0.8 BTC
> 500 BTC weekly volume player is credited: 1.2 BTC VIP Bronze
> 1000 BTC weekly volume player is credited: 2.4 BTC VIP Silver
> 2000 BTC weekly volume player is credited: 4.6 BTC VIP Gold
> 3000 BTC weekly volume player is credited: 6.8 BTC VIP Platinum

---

I think that's a very slim chance. Why would someone spend that much just to throw it away?

Is good feeling that have high confidence this is good sign then for my favorite casino.

Is it possible the new owner takes over and shuts games down? I'm sure betterbers has no worries but what about the smaller games?

Hello good people,

I just want players to know that we have been working with Ryan closely since April 2015. Based on work ethic and observations the BetterBets.io staff feels very strongly Ryan and Moneypot will be handled gracefully and with the highest level of care to the new owner. We will continue to offer you a satisfying gambling entertainment site and no matter what, our team believes in Bitcoin itself, and will continue to stay a place for you to enjoy one of the greatest use cases for it. The term 'business as usual' applies here and we intend to be a safe and trusted place for people to socialize and place bets for a long time to come. Have a great week players, rake and affiliates will be credited later today, as well as those who win the 1k BTC challenge.

Someone who has the ability to move moneypot forward is better. They need to make many other improvement for moneypot, not just someone who want to make profit but do nothing

I'm sort of hoping someone like Dooglus comes along to take it (though I doubt it since he doesn't really deal with BTC gambling anymore). Or maybe CBTC.

Pretty much this. Ryan has proven himself to be fair and honest over the course of a long time. It will be hard for the new owner to follow his footsteps and it will also be hard for the investors and players to trust the new owner(unless it is someone who is already known)
The good thing is the notification time is pretty long and allows the players, investors and app owners to think about different options.
I really hope that nothing changes with BB as i enjoy playing there from time to time.

But they have to trust the new management. Ryan has proven himself. Getting someone else with the same track record won't be easy.

Only betterbets and some other sites at the featured app tab. The other is just clone of untitled dice so they should not be affected too much because of this change of ownership