https://www.moneypot.com/bets/91782710
Topic: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11 - page 2. (Read 1567 times)
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Wins or losses on the app itself do not affect Moneypot's operational expenses.
The house bankroll is user invested, meaning Moneypot is unaffected by the house bankroll except for what it has invested into it.
We run a deficit because the bets that are being processed through our API cost us money in data processing charges. The money we make (commission of the house edge) is taken from the total bet wagered on the app itself which is only 2.075btc over 7.6 Million bets and comes nowhere close to what we've paid for server charges. With the added risk of memory being filled up and slowing down the site, we've made the executive decision to raise the minimum bet to 1 Bit (100 satoshi).
We value all our players, but from time to time we need to make decisions that benefit the greater good of everyone involved in the site.
Wins or losses on the app itself do not affect Moneypot's operational expenses.
The house bankroll is user invested, meaning Moneypot is unaffected by the house bankroll except for what it has invested into it.
We run a deficit because the bets that are being processed through our API cost us money in data processing charges. The money we make (commission of the house edge) is taken from the total bet wagered on the app itself which is only 2.075btc over 7.6 Million bets and comes nowhere close to what we've paid for server charges. With the added risk of memory being filled up and slowing down the site, we've made the executive decision to raise the minimum bet to 1 Bit (100 satoshi).
We value all our players, but from time to time we need to make decisions that benefit the greater good of everyone involved in the site.
Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO
what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest
Completely agree with these reliefs.
That minbet requirement is cutting out a good chunk of moneypot community, a day by day growing one (and I'm withnessing its quick growth since day 1) and sounds a bit discriminating to me.
Hope you will revise your decision on that minwagering requirement.
All players are welcome and we will have many more contests later in the future to try and encompass all of Moneypot's players.
For what it's worth, all bets that are under 10 satoshi cost more in data processing than what their EV produces. This is why the former owner, Ryan, previously had plans to increase the minimum bet and why we are currently reviewing what the minimum bet should be.
For dust lottery specifically, Moneypot runs an expense as the operation profit from that site is well in the negative.
In this case, if we allowed the minimum bet to be 1 satoshi, it would encourage users to bombard the site with dust bets that have the possibility of slowing down the site or even bringing the site down, as well as make the cost of running more expensive to Moneypot.
This is not fair to Moneypot as a whole. The majority of Moneypot's Players, App owners and the owners themselves would be negatively affected.
The operation profit is only in the negative because a jackpot was recently hit. But in the end, you're saying that if all my bets on Dust Lottery were 10 satoshi, that all of my bets as displayed above were operating at a negative for MoneyPot? Not sure I understand where you're coming from here, but I do know that you sound pretentious as hell with your response. I understand that the goal of Moneypot is to make money, but maybe you don't understand that the potential to make more money with smaller bets than the whales you might find on other apps outside of Dust Lottery. I've lost way more in Dust Lottery than other apps I've used on Moneypot, but I find myself going back and continuing to spend on that site for the chance at winning the jackpot because... you know, that's what gambling is.
Your logic in this scenario dumbfounds me, regardless of whether it was in response to making a minimum bet for this contest lower or not...
Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO
what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest
Completely agree with these reliefs.
That minbet requirement is cutting out a good chunk of moneypot community, a day by day growing one (and I'm withnessing its quick growth since day 1) and sounds a bit discriminating to me.
Hope you will revise your decision on that minwagering requirement.
All players are welcome and we will have many more contests later in the future to try and encompass all of Moneypot's players.
For what it's worth, all bets that are under 10 satoshi cost more in data processing than what their EV produces. This is why the former owner, Ryan, previously had plans to increase the minimum bet and why we are currently reviewing what the minimum bet should be.
For dust lottery specifically, Moneypot runs an expense as the operation profit from that site is well in the negative.
In this case, if we allowed the minimum bet to be 1 satoshi, it would encourage users to bombard the site with dust bets that have the possibility of slowing down the site or even bringing the site down, as well as make the cost of running more expensive to Moneypot.
This is not fair to Moneypot as a whole. The majority of Moneypot's Players, App owners and the owners themselves would be negatively affected.
Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO
what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest
Completely agree with these reliefs.
That minbet requirement is cutting out a good chunk of moneypot community, a day by day growing one (and I'm withnessing its quick growth since day 1) and sounds a bit discriminating to me.
Hope you will revise your decision on that minwagering requirement.
To bad there is no bet history for each app. But we will see what happens the next few days;)
Probably wont be the highest but a good result with 80x on Bit-Exo, https://www.moneypot.com/bets/90781869 + 154K bits
Currently leading! The one I posted was just an example and Moneypot staff members are not eligible to win.
bit confusing, it is highest odds or highest amount ?
** 514,899.48 Bits would now be the biggest payout. Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.
because this line says amount and goal says multiplier
** 514,899.48 Bits would now be the biggest payout. Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.
because this line says amount and goal says multiplier
It's highest amount but with at least a 49x multiplier.
is RBIES betting included or just the bitcoin bets since there are 2 APP that have rbies betting?
Rubies is not included in this weeks promotion. It will be in future contests however.
could you please clarify this sentence (even Nico explained it)
>>>Goal:
Have the highest winning multiplier payout for the week and post the bet id here!<<<
and now the following.....you ask for at least 100 bits bet to be eligible for a Prize and allow all Moneypot games including dice, plinko, and lottery
our Dust Lottery has 0.10 bits minimum bet and maximum 2 bits huh?
and we have the biggest multiplier
actually you are allowing our Lottery game to be eligible for a Prize and the same time you are disqualifying our Moneypot app by asking minimum 100 bits bet
please explain because IMHO all Moneypot apps should be eligible for this contest
>>>Rules:
Must be at least 100 Bits minimum bet
Must be placed within the time period mentioned above
Must be at least a 49x Multiplier
All Moneypot games are eligible including dice, plinko, and lottery.<<<
another edit:
is Moneypot team/staff eligible to participate?
are Moneypot app owners eligible to participate?
as we all remember that last time I won the Prize many shouted that cheated
edit:
Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO
what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest
(sorry for my bad english)
>>>Goal:
Have the highest winning multiplier payout for the week and post the bet id here!<<<
and now the following.....you ask for at least 100 bits bet to be eligible for a Prize and allow all Moneypot games including dice, plinko, and lottery
our Dust Lottery has 0.10 bits minimum bet and maximum 2 bits huh?
and we have the biggest multiplier
actually you are allowing our Lottery game to be eligible for a Prize and the same time you are disqualifying our Moneypot app by asking minimum 100 bits bet please explain because IMHO all Moneypot apps should be eligible for this contest
>>>Rules:
Must be at least 100 Bits minimum bet
Must be placed within the time period mentioned above
Must be at least a 49x Multiplier
All Moneypot games are eligible including dice, plinko, and lottery.<<<
another edit:
is Moneypot team/staff eligible to participate?
are Moneypot app owners eligible to participate?
as we all remember that last time I won the Prize many shouted that cheated
edit:
Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO
what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest
(sorry for my bad english)
"highest winning multiplier payout" (with at least 49x)
That 514K was just example, so J_ROC's bet is highest right now.
Sounds cool GL all
That 514K was just example, so J_ROC's bet is highest right now.
Sounds cool
GL all bit confusing, it is highest odds or highest amount ?
** 514,899.48 Bits would now be the biggest payout. Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.
because this line says amount and goal says multiplier
** 514,899.48 Bits would now be the biggest payout. Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.
because this line says amount and goal says multiplier
Oh missed that part of the post, so i definitely don't qualify for it then, because even tho I used a higher multiplier the winning amount was less than the 514K
bit confusing, it is highest odds or highest amount ?
** 514,899.48 Bits would now be the biggest payout. Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.
because this line says amount and goal says multiplier
** 514,899.48 Bits would now be the biggest payout. Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.
because this line says amount and goal says multiplier
Probably wont be the highest but a good result with 80x on Bit-Exo, https://www.moneypot.com/bets/90781869 + 154K bits
is RBIES betting included or just the bitcoin bets since there are 2 APP that have rbies betting?
1) MonkeyYear 342,755 Bits
2) TTman 329,900 Bits
3) Yahoo: 245,105.02 Bits
4) J-ROC: 154,639.34 Bits
5) Guest : 5,026.77 Bits
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