Topic: 🌟🎲🌟 MoneyPot.com - page 70. (Read 119056 times)

Quote from: stingleword on July 20, 2016, 10:56:17 AM

So whats the use of the deposit function there?

At this point, there's technically not one. There are ideas floating around on how to utilize this in the future though.

Apps that use the explicit flow option (i.e. server-based operation) have the option to submit +EV bets backed by the app bankroll. The app owner would need to deposit to the app for this function to work.

That is correct for app owners, however I believe he is talking about players depositing directly to apps

It does have some difference, the funds that you deposit to an apps will let the apps to have full control over it and of course if you trust the operator of the apps then it is fine but still the best security is to put your money on moneypot and only deposits on the apps whenever you want to use it

just try to talk to the matter and not for your sig

the user asked a very correct question because if you own an app you have the app balance (earned coins) that you can withdraw and there is also an option to deposit and he was wondering why is there an option to deposit. and stingle explained it very well because he is an app owner

easy as that

edit

it looks like this from an app owner view

Yea I was talking about this one.

Quote from: cazkooo on July 20, 2016, 11:20:28 AM

So whats the use of the deposit function there?

At this point, there's technically not one. There are ideas floating around on how to utilize this in the future though.

Apps that use the explicit flow option (i.e. server-based operation) have the option to submit +EV bets backed by the app bankroll. The app owner would need to deposit to the app for this function to work.

Wouldn't it be more efficient (but less secure) if you just had your own bankroll running on that server?

JackpotRacer

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All Games incl Racer and Lottery game are Closed

Quote from: AcoinL.L.C on July 20, 2016, 11:13:41 AM

Quote from: stingleword on July 20, 2016, 10:56:17 AM

Quote from: AcoinL.L.C on July 20, 2016, 11:13:41 AM

So whats the use of the deposit function there?

At this point, there's technically not one. There are ideas floating around on how to utilize this in the future though.

Apps that use the explicit flow option (i.e. server-based operation) have the option to submit +EV bets backed by the app bankroll. The app owner would need to deposit to the app for this function to work.

That is correct for app owners, however I believe he is talking about players depositing directly to apps

It does have some difference, the funds that you deposit to an apps will let the apps to have full control over it and of course if you trust the operator of the apps then it is fine but still the best security is to put your money on moneypot and only deposits on the apps whenever you want to use it

just try to talk to the matter and not for your sig

the user asked a very correct question because if you own an app you have the app balance (earned coins) that you can withdraw and there is also an option to deposit and he was wondering why is there an option to deposit. and stingle explained it very well because he is an app owner

easy as that

edit

it looks like this from an app owner view

cazkooo

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Quote from: stingleword on July 20, 2016, 10:56:17 AM

Quote from: stingleword on July 20, 2016, 10:56:17 AM

So whats the use of the deposit function there?

At this point, there's technically not one. There are ideas floating around on how to utilize this in the future though.

Apps that use the explicit flow option (i.e. server-based operation) have the option to submit +EV bets backed by the app bankroll. The app owner would need to deposit to the app for this function to work.

That is correct for app owners, however I believe he is talking about players depositing directly to apps

It does have some difference, the funds that you deposit to an apps will let the apps to have full control over it and of course if you trust the operator of the apps then it is fine but still the best security is to put your money on moneypot and only deposits on the apps whenever you want to use it

AcoinL.L.C

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So whats the use of the deposit function there?

At this point, there's technically not one. There are ideas floating around on how to utilize this in the future though.

Apps that use the explicit flow option (i.e. server-based operation) have the option to submit +EV bets backed by the app bankroll. The app owner would need to deposit to the app for this function to work.

That is correct for app owners, however I believe he is talking about players depositing directly to apps

stingleword

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Merit: 1001

Out of crypto entirely and don't miss it

So whats the use of the deposit function there?

At this point, there's technically not one. There are ideas floating around on how to utilize this in the future though.

Apps that use the explicit flow option (i.e. server-based operation) have the option to submit +EV bets backed by the app bankroll. The app owner would need to deposit to the app for this function to work.

AcoinL.L.C

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Quote from: ranlo on July 20, 2016, 03:28:39 AM

Quote from: fulgdenea on July 20, 2016, 09:14:33 AM

Can someone please explain to me how casino developers get paid?

I know there's a part where you deposit and withdraw but i'm not entirely sure how the forumlas/algorithms work.

When you create an app, the app has its own balance. 50% of the house edge of every bet is instantly added to that balance. When you view the page for apps you own, you'll see the balance and can withdraw it to your personal account (and MP) at any time.

So whats the use of the deposit function there?

At this point, there's technically not one. There are ideas floating around on how to utilize this in the future though.

Well, it instantly adds the balance to the app, so it saves a few seconds for a player, but as Ranlo said there isn't really anything different about it compared to just adding to your normal MP balance.

I think they need to improve their security measure and move this more secure server, make them sure to keep it online with stability, it is terrible situation what is happening from last few days, DDOS attack and going down again and again.

We have already discussed this multiple times. Our security is top notch, that has never been the issue. DDoS attacks are an inherent flaw of the internet. The last few days was not due to a DDoS attack, we haven't been down due to a DDoS attack for a while now (even though they are still hitting), it seems our last preventative measures against them seem to be working.

Quote from: lorylore on July 20, 2016, 09:11:37 AM

Quote from: erwin45hacked on July 20, 2016, 02:15:09 AM

Quote from: raaajlucky on July 19, 2016, 09:44:15 PM

If they want to show their honesty to the investor then they should provide a compensation for all the investors with some fixed interest rate.

The downtime didnt really affect investor so there is nothing to compensate. From your logic, it seems to me that you are saying because of the downtime, investor is not getting any profit, am i right on this? This is crazy logic, the investor could as well lose their money even if the site is up

Why is the downtime not affecting the investor and the app owner?? I thought everything came to a halt and there is no gambling done? Or i am wrong that the site is not available but there are still ways that people can move around their funds?

People were (and are) free to pullout their funds. And there actually was gambling over the timeframe of the deposit issues, albeit much less than usual.

fulgdenea

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I think they need to improve their security measure and move this more secure server, make them sure to keep it online with stability, it is terrible situation what is happening from last few days, DDOS attack and going down again and again.

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Quote from: erwin45hacked on July 20, 2016, 02:15:09 AM

Quote from: raaajlucky on July 19, 2016, 09:44:15 PM

If they want to show their honesty to the investor then they should provide a compensation for all the investors with some fixed interest rate.

The downtime didnt really affect investor so there is nothing to compensate. From your logic, it seems to me that you are saying because of the downtime, investor is not getting any profit, am i right on this? This is crazy logic, the investor could as well lose their money even if the site is up

Why is the downtime not affecting the investor and the app owner?? I thought everything came to a halt and there is no gambling done? Or i am wrong that the site is not available but there are still ways that people can move around their funds?

ranlo

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Quote from: ranlo on July 20, 2016, 03:28:39 AM

Quote from: ranlo on July 20, 2016, 03:28:39 AM

Can someone please explain to me how casino developers get paid?

I know there's a part where you deposit and withdraw but i'm not entirely sure how the forumlas/algorithms work.

When you create an app, the app has its own balance. 50% of the house edge of every bet is instantly added to that balance. When you view the page for apps you own, you'll see the balance and can withdraw it to your personal account (and MP) at any time.

So whats the use of the deposit function there?

At this point, there's technically not one. There are ideas floating around on how to utilize this in the future though.

Valzador

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Activity: 1316

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Can someone please explain to me how casino developers get paid?

I know there's a part where you deposit and withdraw but i'm not entirely sure how the forumlas/algorithms work.

When you create an app, the app has its own balance. 50% of the house edge of every bet is instantly added to that balance. When you view the page for apps you own, you'll see the balance and can withdraw it to your personal account (and MP) at any time.

So whats the use of the deposit function there?

ranlo

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Merit: 1007