Topic: MoneyPot - Crash with the lowest house edge - page 9. (Read 2756 times)

Ah, so they are not really new in here? Cool but you're suggestion is great for them to gain exposure because not all users are visiting this section from time to time and then their ANN thread here might get buried because other ANN threads are much active. That is because they have a signature campaign which helps them a lot.

If they want to gain more exposure, they can add a bounty campaign as well on the side or just choose it more than the signature campaign that pays in BTC in order to save money. Besides, it still has a signature campaign included. They only need to hire a good manager so that the quality of the work is still there.

Thank you Nrcewker. No, the previous owners are not involved, we are a new team.


It depends. It's your responsibility to inquire if online gambling is allowed by law in you country.


Our bankroll currently has ₿37.7. The most a player can win per game is 0.5% of the bankroll: ₿1.885. And the most a player can bet in a single game is ₿188.5!


We launched with the same channels people have requested in the past. But if enough players ask for a new one, we can always add it.


That is odd, it should default to English only. We store the channels you've joined in your browser's local storage. I don't know how the old moneypot.com used to work, but one possible explanation would be that we use the same key-value pair to save the channels. But the most likely scenario is that you clicked on it by mistake (has happened to me  ).

I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?
If not, is there a reason the site started with the Estonian chat as first foreign language

You can't be sure of that. Humans are known for always wanting to try newer things and experience it for themselves. More so, all these reputable casinos you talking of were ones new to the forum but through signature campaigns and how long they stayed many gamblers came to their recognition and influx users emerged. If it's about reputation, it's something that's not gathered in a single day it's a gradual process factor and every casino just have to follow the process if they wanna really be successful here.

but if they do run their own sig campaign, they should not expect that gamblers will flock on their site. they may attract some but there's no guarantee that they will stay and deposit big. most of them are already patrons of reputable casinos in the forum, so playing on a new one is not really their inkling.
but if they can offer some rewards or competitive bonuses, some of them may stay and take advantage of their attractive perks.

A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.

I hadn't answered this. And it's true, the max-profit will decrease but right now there's no way around it (and to the best of my knowledge the same thing happens in other casinos).


The 2.5% refers to the commission MoneyPot receives on the profits. And that number is probably lower than what other casinos are receiving, but will increase as more people invest in the bankroll. Our house edge, on the other hand, starts at 0.1% and is only increased as little as necessary.


Noted, thank you!

Yep, the big bets aren't common in crash games. But you don't have a very big bankroll at this moment. A small whale activity may create pressure on the house edge of your game.

BTW, I had also tried to take the 300 bits offer early today. Unfortunately I was late, but the admin still credited 100 bits on my account. I made two withdrawals from MoneyPot, one of them was from the free bits and the other one was from my deposit. Both withdrawals were processed instantly. However, there is a little mistake in the password reset message.

I was a little late to get a tip from Admin. Luckily He was nice and gave me a tip even though it was only 100 bits for someone late like me. Then play get 500 bits and lose all.

Yahoo already quoted you in his post, In case you missed it. All the answers are provided in this thread already.

The owner is new. They have no connection with the previous owner. The current owner bought the domain and developed the website again.

They have 44 chat rooms so far. Since they don't have any license yet, I don't think they forbid anyone to play on their platform. Their current bankroll is ₿ 37.52628488

Welcome back, Moneypot. A few years ago, the site was popular among the masses. Do the same owners still operate the site? Or are you someone with fresh hands? The house edge looks promising and will surely attract more users to the site. Some images of the UI or from the site here in the ANN thread could have helped to make it look more interesting. Nevertheless, are players from all around the globe allowed to play on the site? Also, as the bankroll is publicly funded, what’s the current bankroll amount and max bet amount?

The admin has made an offer to the 1st 20 people who take him up on it in the chat.

Every single question you asked has been answered had you read the thread. I've fallen victim to not reading responses before myself, but there are only 3 pages so reading through the 3 pages shouldn't be too much before replying.

I'm currently exploring some ideas, and I agree with what you are saying. It wouldn't be fair to only reward whales, so I'll come up with something that benefits both.

Thanks!


I wasn't planning to bring it up yet but since you mentioned it first I can tell you that my team and I will soon start working on a low-edge dice version too. I can't promise we'll ever have mines but who knows? maybe in the future.


That's more or less the idea, and the reason you can see the house edge changing in real time. I helped develop bustabit's code and after having spent hundreds of hours on the site, my impression is that players very rarely bet huge amounts. So think about it this way: nearly all the time the casino's house edge will be attractive because whales rarely play. But when they do play you have a few options: 1) cash-out when the house edge gets above your limit, say 1%, 2) stop playing until the whale is done, 3) come up with your own strategy, or 4) don't even care (because you've enjoyed so many games with a low house edge that you're average house edge would still be pretty low).

For instance, take bustabit's bankroll of ₿2000. Their house edge is always 1%. Let's imagine a new game starts and players are betting a few thousand bits (like pretty much all the time), but we also have a whale betting ₿10. If they had the same system as we do, the game would start with a house edge of 0.1%. And as the multiplier gets higher, the house edge would also increase. But it would only reach a house edge of 1% by the time the multiplier gets to 2x. At this point you could cash-out (or not). How often do you see such huge bets? My point is that most casinos are unnecessarily profiting from players because there's just not enough risk to justify it. With MoneyPot players can enjoy better odds most of the time, while being able to control their strategy when the house edge increases.


Correct. Whenever the bankroll's profit exceeds its previous all-time high, MoneyPot will receive a commission on the profits exceeding the previous all-time high.

you can check more about their investments here - https://moneypot.com/help/investing. but if you have other questions, you can always send a message via their help button.
their bankroll right now is quite decent in my opinion. however, one should be on the look out how they are doing when it comes to actual players on their site. because from their stats, they only have 24 users at the moment. so need to be careful in pitching to their bankroll.

^^ 2.5% is lower than competitors? I don't play crash but then it makes me wonder just how high it is elsewhere... maybe I'm "old-fashioned" but 1% standard set by crypto dice places seems to be the low benchmark -- given that licensed casinos do compete well these days for close to 1%.

That said, the high-roller limit will always appeal to the anon whale. I'll have to give this place a check another date not too far away. Been a while!

Welcome to the forum! I bet that your platform will be a good one. You could also improve your headstart by buying a copper membership. It'll help you better design this ANN thread.

I've read that you also accepting bankroll investments, do you have a page wherein we can read more details of it?

At the same time, it will discourage the players to continue their betting activity at MoneyPot if the house edge spikes above 1% from 0.1%. Beside that the max-profit limit will decrease if the bankroll goes down for players big wins. Therefore, it will have negative impact from all aspects.

Bustabit has more than 71% commission rate at this moment. The commission 2.5% will come from the revenue, isn't it?

I was playing there for a bit and the "busta" game works well but i feel like the site needs a bit more variety. Maybe even if the games added are maybe Dice and Mines. I think the variety is much needed and the tech needed for the other games should be very easy to replicate aswell.

Creating a daily wagering contest with a good prize pool could be a good idea for the new platform. Because popular casinos are full of high rollers where average players have less chance to win the prize. So the competition on other platforms is like a race between high rollers vs high rollers. Most players look for a new platform where they may win some contest with less competition. If you create such contests, make sure you mention that when you run ads.

Friendly advice: Please do not post multiple posts in a row. It is now allowed.

No, I'm not part of the team that used to run it as a wallet and don't intend to recreate any of the products they used to have. But even before them, MoneyPot used to be a crash game (and in fact, it was the very first one). So in that sense, I am indeed hoping to bring back some things from the past. For example, the idea of a dynamic house edge that increases only when necessary.


Agreed, I don't expect high rollers to start playing in my casino right away. I'm exploring a couple ideas on how to get new players onboard, and I am always open to hearing new ones. So thank you for yours!