Topic: MoneyPot.com :: The bitcoin gambling wallet - page 16. (Read 77137 times)

Quote from: hua_hui on October 12, 2015, 08:01:55 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Quote from: ranlo on October 12, 2015, 09:39:34 PM

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

understood. i am just looking to diversify my investment.

Keep in mind you add another layer of risk when dealing with alts, as well, so be careful.

yah but JD is something i quite trust last time. except peerbet which i never hear b4.

The site itself isn't the issue (I trust Dooglus immensely). It's CLAM. You need to keep in mind that BTC itself is risky. When you then move to an alt, you have an extra layer of risk (if BTC crashes, CLAM does. If CLAM crashes, BTC won't). So your risks are then:

1) The site
2) BTC
3) CLAM

Invest accordingly.

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: hua_hui on October 12, 2015, 09:10:38 PM

Quote from: hua_hui on October 12, 2015, 08:01:55 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Quote from: hua_hui on October 12, 2015, 09:10:38 PM

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

understood. i am just looking to diversify my investment.

Keep in mind you add another layer of risk when dealing with alts, as well, so be careful.

yah but JD is something i quite trust last time. except peerbet which i never hear b4.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: hua_hui on October 12, 2015, 08:01:55 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

understood. i am just looking to diversify my investment.

Keep in mind you add another layer of risk when dealing with alts, as well, so be careful.

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: hua_hui on October 12, 2015, 08:01:55 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Quote from: Jungian on October 12, 2015, 08:17:16 AM

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

understood. i am just looking to diversify my investment.

Erza

legendary

Activity: 1078

Merit: 1000

Betterbets is by far the biggest and most ambitious project on the network.
Anyone know if there is some competition for them coming up?

Yes may be they are a little bit ambitious, that is because of the monthly prizes is going up and up so they need more wagered to have better prize for each month so I think that is logic that they really ambitious for their site. Try join their thread to know better https://bitcointalksearch.org/topic/betterbetsio-v2-nxt-betting-shapeshiftio-diceplinkopvp-game-core-1065847

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: hua_hui on October 12, 2015, 08:01:55 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

hua_hui

legendary

Activity: 1386

Merit: 1016

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

ranlo

legendary

Activity: 1988

Merit: 1007

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.