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Topic: 🌟🎲🌟 MoneyPot.com - page 124. (Read 119056 times)

full member
Activity: 154
Merit: 100
Official MoneyPot.com Account
February 18, 2016, 10:43:25 AM
#29
Hi all, we are conducting maintenance and are pushing an update to our API server, this means that bets will not be able to be placed for the short term. We expect the maintenance to be completed within the next few hours. Thank you for your patience  Smiley


As to some of the questions above:



Moneypot will be fully responsible for all of the funds and won't use outside funds to cover or makeup any losses

interesting! you are not accepting investor money as it was before?

We will still be accepting money as before, just an additional option will be added. More information on this will be released within the next couple weeks.

I am curios to know about list of altcoins which coins are into the list which will be available there in upcoming update, anyway that is good news for bag holders of altcoins.

Right now we are just planning on adding Rubies, however we are considering other large cap coins.

Quote
MoneyPot S.L.R. is a fully incorporated Costa Rican gaming company (License No. 3-102-700828)
I see that the footer hasn't changed yet. Does this still hold true? And if so, did you buy the company from RHavar as well? If not, please remove it as it is misleading.

That is correct, we did not purchase the S.L.R., e will be removing the license from the footer shortly. Also, there is no such thing as a Costa Rican gaming license, Costa Rica does not offer gaming licenses but they also do not prohibit gaming. 
copper member
Activity: 3948
Merit: 2201
Verified awesomeness ✔
February 18, 2016, 10:20:33 AM
#28
Quote
MoneyPot S.L.R. is a fully incorporated Costa Rican gaming company (License No. 3-102-700828)
I see that the footer hasn't changed yet. Does this still hold true? And if so, did you buy the company from RHavar as well? If not, please remove it as it is misleading.
hero member
Activity: 714
Merit: 500
February 18, 2016, 10:11:15 AM
#27
I am curios to know about list of altcoins which coins are into the list which will be available there in upcoming update, anyway that is good news for bag holders of altcoins.
legendary
Activity: 1330
Merit: 1000
February 17, 2016, 05:31:45 PM
#26
The numbers are still being worked upon.  We're going to most likely come to the conclusion of limiting the amount to be won as well as setting a hard stop-loss limit on the site to allow us to always stay solvent replenishing from outside funds.

Commission means that before we were taking 0% instead of the 10% on profit that it was before we took over.  We are now changing it to 0.2% on wagered.  The House edge for all sites are being changed to 0.49% house edge minimum to allow investor's a safer investment.  These bets will be kelly compliant until the new investment option and caps comes into place. 
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
February 18, 2016, 10:08:53 AM
#26


Moneypot will be fully responsible for all of the funds and won't use outside funds to cover or makeup any losses

interesting! you are not accepting investor money as it was before?
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
February 18, 2016, 05:02:24 AM
#25
............... The House edge for all sites are being changed to 0.49% house edge minimum to allow investor's a safer investment.  These bets will be kelly compliant until the new investment option and caps comes into place. 


thanks to Ryan for the questions

please explain a bit more what formula you will use after the new investment option and caps comes into place? cause it looks to me that then the bets will not be kelly compliant
full member
Activity: 224
Merit: 100
☆☆☆☆☆☆☆
February 17, 2016, 08:51:58 PM
#24
moneypot new look really nice, the new design is cool, look neat and easy to see.
when we expect this official launch? hope it will launch very soon Smiley
legendary
Activity: 1330
Merit: 1000
February 17, 2016, 12:12:00 PM
#23
All App Developers can pm me with their email address if they wish and join many of the app owners in the group conversation that we hold on slack.
legendary
Activity: 3248
Merit: 1614
#1 VIP Crypto Casino
February 17, 2016, 08:48:31 PM
#23
This genuinely looks really, really good. Pretty cool service, I will 100% be interested once this is fully up & running.
sr. member
Activity: 431
Merit: 250
February 17, 2016, 08:37:05 PM
#22
Looks like a pretty cool idea.  Good luck!
legendary
Activity: 1330
Merit: 1000
February 17, 2016, 09:24:50 AM
#21
Yes the investors profit has swung quite a bit in the past. It began with a small and steady rise to +30,000,000 bits and was brought down to -26,000,000 bits from a big 56,000,000 bits win in a single day and has slowly climbed back to -4,000,000 bits since.
legendary
Activity: 1463
Merit: 1886
February 17, 2016, 05:18:27 PM
#21
Awesome news! Great to see something happening!

I have two questions:

[ MoneyPot will soon be able to offer users a positive fixed interest rate on their invested funds for risk-free growth ]

How can you offer that? If the casino uses investor money to increase the site bankroll, you would increase the casinos-risk, while lowering it's profit. For instance, imagine if someone invested 1k BTC. It doesn't make sense to increase the max-bets, because you can't lose that 1k BTC (unlike a normal investment)



2/18/2016: Investor Commission changed from previous 0% to 0.2% of all wagered

What does that mean? If someone places a 0.1% house-edge bet, what is the investor commissions? Also are investors bets still kelly-compliant when taking into consideration the new investor commission?
full member
Activity: 203
Merit: 100
February 17, 2016, 03:24:37 PM
#20
You can PM Doge he is really helpful Smiley
legendary
Activity: 854
Merit: 1000
February 17, 2016, 12:06:20 PM
#19
Looks really amazing. One thing, how have you guys been administrating your applications hosted in MoneyPot?
I heard some app developers have been having trouble getting in touch with the new team.
legendary
Activity: 2506
Merit: 1125
February 17, 2016, 02:42:34 AM
#18
It was a bit surprising when I saw the investor returns in the OP. You sure that's not a typo?  Grin

Damn the gamblers are having some crazy luck on this site if thats true Wink

Quote
Investor Profit: -4,106,321 bits

Definitely not a typo and you can even check the validity of this. I have been investing since there are huge winners and I can totally voich for the validity of this status, my 1.13% percentage of the bankroll has grown up quite abit especially since the investors has been keep winning in this game
full member
Activity: 203
Merit: 100
February 17, 2016, 02:36:23 AM
#17
It was a bit surprising when I saw the investor returns in the OP. You sure that's not a typo?  Grin

Damn the gamblers are having some crazy luck on this site if thats true Wink

Quote
Investor Profit: -4,106,321 bits

Its true, investors have a "huge" lose from a gamber there win in MP game, thats the part to be investor like the gambler know there can lose the money Smiley but its have been on like -25 BTC and now its down on -4,1 BTC its going fast, ^^
sr. member
Activity: 294
Merit: 250
February 17, 2016, 01:55:51 AM
#16
It was a bit surprising when I saw the investor returns in the OP. You sure that's not a typo?  Grin

Damn the gamblers are having some crazy luck on this site if thats true Wink

Quote
Investor Profit: -4,106,321 bits
legendary
Activity: 1330
Merit: 1000
February 16, 2016, 09:45:32 PM
#15
We'll be explaining the escrow service in great detail when the time comes closer to release.  It is further down the road than our immediately planned updates.
legendary
Activity: 1064
Merit: 1000
February 17, 2016, 01:52:07 AM
#15
 It is further down the road than our immediately planned updates.

Is there any ETA of when will you implement the new design to the current moneypot? The new design looks great totally and thats how moneypot should be. Also for the other short term update, you should take out inactive apps from the featured apps list since there is no reason to advertise their site on the main page
hero member
Activity: 826
Merit: 1001
February 16, 2016, 09:51:14 PM
#14
Nice upgrade fro t he old moneypot graphics. I hope the service and the games also improved.  Roll Eyes
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