Author

Topic: 🌟🎲🌟 MoneyPot.com - page 114. (Read 119056 times)

full member
Activity: 154
Merit: 100
Official MoneyPot.com Account
April 03, 2016, 11:20:32 AM
Congratulations to player WinorGoHome/WinBigger who has won approximately 20BTC in the last 24 hours over Bit-Exo and Dust Lottery!
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
April 03, 2016, 09:40:30 AM
Congratulations to WinOrGoHome on this amazing bet (https://www.moneypot.com/bets/88506336)! 50 satoshi into over 5 BTC!

why don't you mention on what app it happened?

dogedigital (MP owner) had no problem to post that it happened on Sharp Dice

Congratulations to JSEONLINE who has won approximately 20 BTC last night on SharpDice and Bit-Exo!
full member
Activity: 154
Merit: 100
Official MoneyPot.com Account
April 03, 2016, 09:32:22 AM
Congratulations to WinOrGoHome on this amazing bet (https://www.moneypot.com/bets/88506336)! 50 satoshi into over 5 BTC!
full member
Activity: 154
Merit: 100
Official MoneyPot.com Account
April 02, 2016, 10:29:39 AM
Hi,

I was explained by e-mail support that the current moneypot commission structure is as follows:

Apps receive 50% of the house edge. Moneypot receives an additional 20% commission. Investors receive ~0.3% house edge.

The way commissions is explained in the FAQ is a little confusing for me. Can you confirm this?

Thanks.

Apps receive 50% of the house edge.  Moneypot receives 20% of the house edge.  30% of the house edge is the investor's edge.

Example, a player bets 1BTC at a 1% House Edge 100 times.  
The app would receive (1BTC * .01 (1%) * 0.5 (50% of house edge)) * 100 (number of bets) = 0.5 BTC
Moneypot would receive (1 * .01 * 0.2) * 100 = 0.2BTC
Assuming a perfect standard deviation, the investor would stand to profit (1BTC * .01 (1%) * 0.3 [investor's edge]) * 100 (number of bets) = 0.3BTC

Of the last month, we are averaging over 100BTC in volume a day and over a million bets a day with an average house edge of slightly over 1%. 

Statistically speaking, this means that the investor profit should hypothetically be increasing by approximately 0.33 Bitcoin a day.
sr. member
Activity: 336
Merit: 254
April 02, 2016, 10:24:02 AM
BTW that was a nice advertisement for Sharp Dice and by chance this app is one of the MP owners

Congrats to https://www.moneypot.com/users/jseonline! Over the past 2 days he won over 20 BTC playing on SharpDice, congratulations again on the big wins!

link
https://bitcointalksearch.org/topic/m.14147456

when the same user lost on Jackpotracer app or another user/whale lost a big amount you did not post it in here. I have to ask myself why that?

now announcing the bank roll is 300 + is a very nice announcement for all app owners

but why didn't you announce that the same user who lost at Sharp Dice now won a nice amount and took investors down to 57

link
https://www.moneypot.com/investment



I haven't hid the fact at all that I both own SharpDice and part of Moneypot.

We try to post congratulations to all big winners in one day.  We're not going to post about someone's losses however.  That's quite rude.  So in your case, if a whale lost a large sum of bitcoin at one of your sites, that is the reason it was not mentioned. 

Also, for what it's worth, I did not post for the congratulations for the player who won previously at Sharp Dice anyways...  But this one I will.

Congratulations to JSEONLINE who has won approximately 20 BTC last night on SharpDice and Bit-Exo!



Did i miss something?
If i check the profit from jseonline he is 26btc down on Sharp
newbie
Activity: 19
Merit: 0
April 02, 2016, 10:01:08 AM
Hi,

I was explained by e-mail support that the current moneypot commission structure is as follows:

Apps receive 50% of the house edge. Moneypot receives an additional 20% commission. Investors receive ~0.3% house edge.

The way commissions is explained in the FAQ is a little confusing for me. Can you confirm this?

Thanks.
legendary
Activity: 1190
Merit: 1024
April 02, 2016, 09:50:59 AM
App Developers can pm me with their skype id... revenu coin would love to add few apps on our domain and can get it linked to Money Pot

Thanks in advance
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
April 02, 2016, 04:59:41 AM
BTW that was a nice advertisement for Sharp Dice and by chance this app is one of the MP owners

Congrats to https://www.moneypot.com/users/jseonline! Over the past 2 days he won over 20 BTC playing on SharpDice, congratulations again on the big wins!

link
https://bitcointalksearch.org/topic/m.14147456

when the same user lost on Jackpotracer app or another user/whale lost a big amount you did not post it in here. I have to ask myself why that?

now announcing the bank roll is 300 + is a very nice announcement for all app owners

but why didn't you announce that the same user who lost at Sharp Dice now won a nice amount and took investors down to 57

link
https://www.moneypot.com/investment

legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
April 02, 2016, 04:42:10 AM
lets see if you missed my questions posted in this thread not long ago and I did not get an answer Sad

https://bitcointalksearch.org/topic/m.14329389
legendary
Activity: 1330
Merit: 1000
March 20, 2016, 06:41:47 PM
We have a big promotion setup for when the 10,000 Bitcoin Wagered (10 Billion Bits!) milestone is crossed.


Also congratulations to 'JackpotRacer' for hitting a > 10,000,000:1 payout!!! https://www.moneypot.com/bets/63602568
full member
Activity: 154
Merit: 100
Official MoneyPot.com Account
April 01, 2016, 05:12:44 PM
Moneypot House Bankroll currently over 300 Bitcoin!
hero member
Activity: 763
Merit: 500
March 30, 2016, 05:19:18 PM
It's not really that risky if structured properly.  For example let's say that the average moneypot return was 20% a year.

I would happily offer 7.5% guaranteed to a max exposure of 5BTC.

Worst case if somehow the bankroll gets wiped out I owe 5BTC plus interest, far more likely case I just pocketed 12.5% +/- on your 5BTC.
full member
Activity: 224
Merit: 100
March 30, 2016, 03:43:10 PM
Ok cool. Thanks for the answers!
legendary
Activity: 1330
Merit: 1000
March 15, 2016, 01:31:43 PM
Finished upgrades and are running much much faster and smoother.

We have a big special promotion planned for later this week as a special thank you to all our Moneypot players for their patience.
full member
Activity: 224
Merit: 100
March 30, 2016, 03:38:22 PM
Ok, will there be an option to invest normally?
legendary
Activity: 1330
Merit: 1000
March 14, 2016, 05:29:11 PM
We apologize for this. 

Were moving the bets database because its taking too much room and the database is under heavy load as a result.

Users can expect delays for today.

Should be smooth sailing with better speeds than ever tomorrow.
full member
Activity: 224
Merit: 100
March 30, 2016, 02:16:33 PM
Mmm...so you're saying the house will absorb basically any losses...sounds like a risky strategy unless you have a huge bankroll compared to your investors - which begs the question why you even need any investors.
full member
Activity: 224
Merit: 100
March 30, 2016, 01:22:35 PM
Woa, i am very happy to see the investment is rising. I see that you are trying to introduce the fixed % return for investment, but i cant seems to find that in the investment tab.

This is coming soon.  It will come along with the roll out of the new theme/look.

what do you mean by fixed % return for investment ?

I'd like to know more about this too...this makes things start to sound very ponzi/HYIP-ish...

Unless of course you plan to offer rates far below the average house edge, neither of which benefits investors.
sr. member
Activity: 280
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
March 30, 2016, 12:17:35 PM
Woa, i am very happy to see the investment is rising. I see that you are trying to introduce the fixed % return for investment, but i cant seems to find that in the investment tab.

This is coming soon.  It will come along with the roll out of the new theme/look.

what do you mean by fixed % return for investment ?
legendary
Activity: 1330
Merit: 1000
March 14, 2016, 04:19:07 PM
Moneypot is now back up!

Thank you for your patience.  We have upgraded the system to allow faster bets and to minimize the amount of lag during heavy loads.

We'll be running a small promotion later on today to award players.  Smiley

did you give this small promotion? I did not see it but I could have missed it

and as we have again an interruption you maybe will need to give another small promotion for MP players

Yes. We have more promotions planned.

We're trying to clean up our database first so that we can get our bet speeds working optimally and setup for our new api.

All apps and bets should currently be going through normally.
Jump to: