Please take the time to read my reply and to let it sink in because the offer that LIR is making is much more advantageous to an investor then moneypot.
I did read your reply. Clearly you cannot do simple math. Send me a message when LIR surpasses MoneyPot in profit and I will send you a few BTC for free
LOL, are you stupid???
Its impossible to base your answer on math when LIR is not even operational yet.
To base it on math we at least need a sample of LIR's profits, amount wagered, users ect.
All we can base it on is projected ability to take market share and just based on their name I think they can take a lot from the existing players.
But I will look you up when the time comes and collect my free btc's. Thanks for making me such a generous offer. I appreciate it.
Actually, yes you can base it on math before LIR is operational.
Their profits are going to based on wagered. This is fact. There will be some variance, but if you are betting on the house greatly beating the EV you are a gambler, not an investor.
Simply saying "players are going to come play here" does not make it true. Especially with an impressive bankroll of 250 BTC and nothing to distinguish it from any other site.
Please take the time to read my reply and to let it sink in because the offer that LIR is making is much more advantageous to an investor then moneypot.
I did read your reply. Clearly you cannot do simple math. Send me a message when LIR surpasses MoneyPot in profit and I will send you a few BTC for free
Just to help out with the math (once again):
Assume somehow LIR manages to match MoneyPot in volume (which it won't):
100 BTC LIR
1000 BTC * 0.01 = 1 Expected profit
LIR investors = 0.15 BTC (since investors get 15% of profit)
100 BTC MP
1000 BTC * 0.01 = 1 Expected profit
MP investors = 0.30 BTC (since investors get 30% of the edge)
Seeing as though you added this I'll re reply.
You're not taking into account the 10% paid out off the top, nor are you taking into account the buyback of LIR from the exchange nor are you even considering the fact that when the site sells (if it does) we all get to share in that, while if you sell moneypot all the investors get is a pat on the back and a big thank you.
If you want to do the math, include the 10% off the top, include a potential purchase price and include the 10% buyback.
OK?
Why would I include the 10% that goes to the top 10 investors (not to mention, that would still be less than every other site lol)? The majority of investors are not going to be top 10, thus they shouldn't be included for projections for the average joe.
I already mentioned the buy back. Buy back does not = 10% profit share. Your token is an asset, once you sell it you might have BTC, but you no longer have that asset, thus to calculate any profit on it you need to do BTC (price they pay you) - asset (what you paid for the token).
If MoneyPot sells, investors get their entire sum invested in the site back. Its not like their money vanishes. Meanwhile, when LIR sells you get 35% of the cut. How much do you think LIR would really sell for? Honest question. Say they end up raising 500 BTC. They would need to sell the site for about 1430
BTC for token investors to break even. If you think the site will sell for that you shouldn't be investing in anything.