🌟🎲🌟 MoneyPot.com - page 16.

BoXXoB

legendary

Activity: 2018

Merit: 1108

Quote from: Dogedigital on November 29, 2016, 11:18:47 AM

Quote from: Lanzador on November 29, 2016, 11:00:16 AM

Still waiting on answer as to when we can see v2.0?

The answer is 'Soon'.

It's being worked upon, but we're not going to rush it before it's ready. Therefore giving any type of set date would just be foolish.

Yeah, I agree. Everybody would rather see a complete product instead of something rushed that will have a lot to work on even after the launch. Looking forward to the release though.

Dogedigital

legendary

Activity: 1330

Merit: 1000

Quote from: Lanzador on November 29, 2016, 11:00:16 AM

Still waiting on answer as to when we can see v2.0?

The answer is 'Soon'.

It's being worked upon, but we're not going to rush it before it's ready. Therefore giving any type of set date would just be foolish.

Lanzador

full member

Activity: 140

Merit: 100

Still waiting on answer as to when we can see v2.0?

AcoinL.L.C

legendary

Activity: 1036

Merit: 1000

Quote from: BoXXoB on November 29, 2016, 03:37:53 AM

Quote from: AcoinL.L.C on November 28, 2016, 10:04:08 PM

Please refrain from discussing non MoneyPot sites on our thread. Negative trust will be left on accounts that promote foreign sites (from here on out).

What if it's just general discussion and not out of context? I understand what the user above said was pretty much advertising though but in general I'm sure there's loads of cases where other sites could be mentioned as a part of the discussion.

The user above could have made a gambling discussion thread instead.

Basically, just don't advertise non MoneyPot related sites in this thread, there is a time and place for everything Wink

BoXXoB

legendary

Activity: 2018

Merit: 1108

Quote from: AcoinL.L.C on November 28, 2016, 10:04:08 PM

Please refrain from discussing non MoneyPot sites on our thread. Negative trust will be left on accounts that promote foreign sites (from here on out).

What if it's just general discussion and not out of context? I understand what the user above said was pretty much advertising though but in general I'm sure there's loads of cases where other sites could be mentioned as a part of the discussion.

The user above could have made a gambling discussion thread instead.

AcoinL.L.C

legendary

Activity: 1036

Merit: 1000

Please refrain from discussing non MoneyPot sites on our thread. Negative trust will be left on accounts that promote foreign sites (from here on out).

fullypak

legendary

Activity: 1456

Merit: 1005

Quote from: forzendiablo on November 28, 2016, 08:48:21 PM

Quote from: Bit-Exo.com on November 28, 2016, 08:32:52 PM

Quote from: maku on November 28, 2016, 07:59:29 PM

I find that there is another, very similar to MoneyPot project being developed right now called https://betbase.io/
They offer scripts, bankroll and tools needed to open and maintaining you own cryptocurrency casino, I think they can be called MoneyPot 2.0
What do you guys think, should MoneyPot be worried?

I don't think Moneypot should be worried. They currently only have 1 btc bankroll.

interesting lets see how it goes.

yes for now 1 BTC is like nothing

That means founder is not investing anything on this project? Do they rely on public fundings? If that is true then I advice don't invest because if the owner doesn't have his investment in bankroll then they may not take business seriously and an investor may even get cheated.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: forzendiablo on November 28, 2016, 08:48:21 PM

Quote from: Bit-Exo.com on November 28, 2016, 08:32:52 PM

Quote from: maku on November 28, 2016, 07:59:29 PM

I find that there is another, very similar to MoneyPot project being developed right now called https://betbase.io/
They offer scripts, bankroll and tools needed to open and maintaining you own cryptocurrency casino, I think they can be called MoneyPot 2.0
What do you guys think, should MoneyPot be worried?

I don't think Moneypot should be worried. They currently only have 1 btc bankroll.

interesting lets see how it goes.

yes for now 1 BTC is like nothing

This is just beginning for them, they literally just announced their plan, to found this project BetBase is planning to release ICO.
With crowdfunded money their bankroll might become huge - it all depends on popularity of the ICO.

[ANN] BetBase.io | Platform for Bitcoin casinos [BETA] - https://bitcointalksearch.org/topic/ann-betbaseio-platform-for-bitcoin-casinos-beta-1690095

forzendiablo

legendary

Activity: 1526

Merit: 1000

the grandpa of cryptos

Quote from: Bit-Exo.com on November 28, 2016, 08:32:52 PM

Quote from: maku on November 28, 2016, 07:59:29 PM

I find that there is another, very similar to MoneyPot project being developed right now called https://betbase.io/
They offer scripts, bankroll and tools needed to open and maintaining you own cryptocurrency casino, I think they can be called MoneyPot 2.0
What do you guys think, should MoneyPot be worried?

I don't think Moneypot should be worried. They currently only have 1 btc bankroll.

interesting lets see how it goes.

yes for now 1 BTC is like nothing

Bit-Exo.com

hero member

Activity: 1638

Merit: 573

Quote from: maku on November 28, 2016, 07:59:29 PM

I find that there is another, very similar to MoneyPot project being developed right now called https://betbase.io/
They offer scripts, bankroll and tools needed to open and maintaining you own cryptocurrency casino, I think they can be called MoneyPot 2.0
What do you guys think, should MoneyPot be worried?

I don't think Moneypot should be worried. They currently only have 1 btc bankroll.

maku

legendary

Activity: 1288

Merit: 1000

I find that there is another, very similar to MoneyPot project being developed right now called https://betbase.io/
They offer scripts, bankroll and tools needed to open and maintaining you own cryptocurrency casino, I think they can be called MoneyPot 2.0
What do you guys think, should MoneyPot be worried?

Lanzador

full member

Activity: 140

Merit: 100

Any update on the Rubies integration? November ends on Wednesday, haven't gotten any updates in a while

VegasCasinoBits

full member

Activity: 203

Merit: 100

Quote from: gapjustin on November 27, 2016, 04:58:52 PM

Quote from: VegasCasinoBits on November 27, 2016, 03:18:06 PM

Quote from: ?? on ??

^ Max win is now set to 1% of the house bankroll.

Currently 7.57 Bitcoin Max (still quite large), but now large jackpot style wins above this amount are no longer possible at the moment.

Sound great, are there a way so we as developer can se the max win amount, so we can calc it before our players make a useless bet?

https://www.moneypot.com/api-docs#v1-public-get-bankroll
Then just divide that by a 100

lol, yeah thanks Tongue

don't know why i have overseen this featuer

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: BoXXoB on November 27, 2016, 06:43:12 PM

Quote from: yahoo62278 on November 25, 2016, 05:29:13 PM

Im not understanding why all the negative talk right now? Investors should know and understand that if players NEVER win, theyll eventually stop gambling. Every casino has winners. Every casino has jackpots that are hit from time to time. Without anyone winning your investment will eventually stand still because all the gamblers will disappear.

Im also unsure of dogedigitals statement of taking steps to limit variance for investors? What does this mean in more detail please. No im not going all crazy on the team i just would like a better explanation if possible.

I liked the fact that there were jackpots and now that they're pretty much taken away I'm feeling exactly the same. Trust me the not winning part has happened to me a plenty of times, often causing exactly what you described.

The issue isn't jackpots, the issue is a single bet being able to wipe a significant part of the BR. All that does is increase investor risk, without affecting player risk. A 1% max win is on par with most sites (some only allow 0.25-0.5%) as far as I'm aware.

BoXXoB

legendary

Activity: 2018

Merit: 1108

Quote from: yahoo62278 on November 25, 2016, 05:29:13 PM

Im not understanding why all the negative talk right now? Investors should know and understand that if players NEVER win, theyll eventually stop gambling. Every casino has winners. Every casino has jackpots that are hit from time to time. Without anyone winning your investment will eventually stand still because all the gamblers will disappear.

Im also unsure of dogedigitals statement of taking steps to limit variance for investors? What does this mean in more detail please. No im not going all crazy on the team i just would like a better explanation if possible.

I liked the fact that there were jackpots and now that they're pretty much taken away I'm feeling exactly the same. Trust me the not winning part has happened to me a plenty of times, often causing exactly what you described.

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: yahoo62278 on November 25, 2016, 05:29:13 PM

Im not understanding why all the negative talk right now? Investors should know and understand that if players NEVER win, theyll eventually stop gambling. Every casino has winners. Every casino has jackpots that are hit from time to time. Without anyone winning your investment will eventually stand still because all the gamblers will disappear.

Im also unsure of dogedigitals statement of taking steps to limit variance for investors? What does this mean in more detail please. No im not going all crazy on the team i just would like a better explanation if possible.

It is nothing. Helix just like to argue with anyone. I even saw the post before this, he is disagreeing with other people. He has his own set of mindset and maybe he is blinded by his 'richness' to be such a stubborn person.

gapjustin

full member

Activity: 143

Merit: 100

Quote from: VegasCasinoBits on November 27, 2016, 03:18:06 PM

Quote from: ?? on ??

^ Max win is now set to 1% of the house bankroll.

Currently 7.57 Bitcoin Max (still quite large), but now large jackpot style wins above this amount are no longer possible at the moment.

Sound great, are there a way so we as developer can se the max win amount, so we can calc it before our players make a useless bet?

https://www.moneypot.com/api-docs#v1-public-get-bankroll
Then just divide that by a 100

VegasCasinoBits

full member

Activity: 203

Merit: 100

Quote from: ?? on ??

^ Max win is now set to 1% of the house bankroll.

Currently 7.57 Bitcoin Max (still quite large), but now large jackpot style wins above this amount are no longer possible at the moment.

Sound great, are there a way so we as developer can se the max win amount, so we can calc it before our players make a useless bet?

ONM

member

Activity: 89

Merit: 10

Quote from: ?? on ??

Quote from: fullypak on November 25, 2016, 09:09:43 PM

Quote from: joksim299 on November 25, 2016, 07:01:42 PM

Quote from: BTCevo on November 25, 2016, 06:55:17 PM

Quote from: ?? on ??

^ Max win is now set to 1% of the house bankroll.

Currently 7.57 Bitcoin Max (still quite large), but now large jackpot style wins above this amount are no longer possible at the moment.

So you mean that we cant mo longer win huge amount? So how about if accidentally someone win huge smount? Lets say it is 8btc? Will they get their payout? Some of your apps that offer 20btc, if I not mistake minesweeper game which offer that amount. I dont know if they already set to this limit or not

No one can win more than 1% of the bankroll. Bets attempting to win >1% of the bankroll are denied by MP.

This move may help to get investors some profit in the longer run but it is not so good for those big whales. Don't know how it is going affect business in the near future but having such limits will help all investors.

Whales aren't really affected much. Rarely anyone bets more than 7 Bitcoin at a time. The restrictions are set more so for very large (more than a million to one) payouts risking much less bitcoin.

I'm not an investor, but I just don't see how offering massive jackpots is a good idea for the investors/MP. Yeah you have an edge but the short term variance is just way way too large. The goal should be to get a lot of people betting modest sums at reasonable (1.5x-5x) odds where your house edge can just compound on itself and you print money. Not having people bet dust with a chance of cleaning out the bankroll.

If you want to offer a jackpot, you should do it the smart way and have it be player funded. Just have every wager over a certain amount (like, say, .0001BTC) have a tiny amount (like, say, .000001BTC) taken out of it and put into a global fund...and then if you roll under/over a raw outcome (have it be a 1-in-1000000 or 1-in-2000000 chance), you win the entire pool and it starts over again. Obv you can tweek those numbers to be whatever you want, but by having the players fund it first you get all the benefits (promotional) of having a jackpot with none of the risks. And it's actually better for the players because a tiny % of their bet is house edge-free, so they actually have higher equity (although it's very small). Win-win.

fullypak

legendary

Activity: 1456

Merit: 1005

Quote from: joksim299 on November 25, 2016, 07:01:42 PM

Quote from: BTCevo on November 25, 2016, 06:55:17 PM

Quote from: ?? on ??

^ Max win is now set to 1% of the house bankroll.

Currently 7.57 Bitcoin Max (still quite large), but now large jackpot style wins above this amount are no longer possible at the moment.

So you mean that we cant mo longer win huge amount? So how about if accidentally someone win huge smount? Lets say it is 8btc? Will they get their payout? Some of your apps that offer 20btc, if I not mistake minesweeper game which offer that amount. I dont know if they already set to this limit or not

No one can win more than 1% of the bankroll. Bets attempting to win >1% of the bankroll are denied by MP.

This move may help to get investors some profit in the longer run but it is not so good for those big whales. Don't know how it is going affect business in the near future but having such limits will help all investors.

Topic: 🌟🎲🌟 MoneyPot.com - page 16. (Read 119056 times)