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Topic: MoneyPot.com :: The bitcoin gambling wallet - page 17. (Read 77052 times)

legendary
Activity: 1974
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.

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.
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???
legendary
Activity: 1974
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.

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.
legendary
Activity: 1386
Merit: 1016
Well this should help a little...



oh my, that is so unlocky. the amount of loss is so high even on 49.5% chances. hope you manage to win back at the end? did you??
sr. member
Activity: 581
Merit: 250
Well this should help a little...

legendary
Activity: 1386
Merit: 1016
now moneypot is taking a big hit. my profit is dropping to just a margin gain. hope it wont go negative.

I'm negative again compared to where I was a few weeks ago, Sad.

Smae here too. when i check that time, it was still just a drop but now i am way deep in negative. So too bad, hope it will rise back soon.
legendary
Activity: 2557
Merit: 1886
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.
legendary
Activity: 1974
Merit: 1007
now moneypot is taking a big hit. my profit is dropping to just a margin gain. hope it wont go negative.

I'm negative again compared to where I was a few weeks ago, Sad.
member
Activity: 88
Merit: 10
Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.
hero member
Activity: 560
Merit: 500
"on the network" = "on moneypot".

According to the stats: http://dicesites.com/moneypot They have 10x more wagered than the second one (which isn't even a real site) and just much more activity than other MP sites. So yeh it's the biggest on MP Wink

yah that part i understand but why is it ambitious? like did they declare they wan to take over other casino or???

They have a great casino and full time experienced team and great to player's betterbets is good for the industry imo
legendary
Activity: 1386
Merit: 1016
now moneypot is taking a big hit. my profit is dropping to just a margin gain. hope it wont go negative.
legendary
Activity: 1386
Merit: 1016
"on the network" = "on moneypot".

According to the stats: http://dicesites.com/moneypot They have 10x more wagered than the second one (which isn't even a real site) and just much more activity than other MP sites. So yeh it's the biggest on MP Wink

yah that part i understand but why is it ambitious? like did they declare they wan to take over other casino or???
legendary
Activity: 1876
Merit: 1289
DiceSites.com owner
"on the network" = "on moneypot".

According to the stats: http://dicesites.com/moneypot They have 10x more wagered than the second one (which isn't even a real site) and just much more activity than other MP sites. So yeh it's the biggest on MP Wink
legendary
Activity: 1386
Merit: 1016
Betterbets is by far the biggest and most ambitious project on the network.
Anyone know if there is some competition for them coming up?

haha why do u say that they r the biggest and most ambitious???
legendary
Activity: 1974
Merit: 1007
Betterbets is by far the biggest and most ambitious project on the network.
Anyone know if there is some competition for them coming up?

Anyone can compete, Smiley. Though I don't know of anything that's even as remotely player-focused as they are.
legendary
Activity: 930
Merit: 1010
Betterbets is by far the biggest and most ambitious project on the network.
Anyone know if there is some competition for them coming up?
legendary
Activity: 1974
Merit: 1007
Try +72 to -28. A drop of around 100 BTC. My own investment went from being +29% to -22% in two days.

i thought i have seen the extreme. cant believe you even encountered worth. still can rmb when was that?

Ryan, could you add a plot of investor profit over time on the investment page. Not only it could tell us how good or bad MP has been doing, it could also give current and potential investors a better idea of the risk by showing them the crazy swings in the past.


I've requested this in the past as well. Adding in a line for expected profit would be a plus, too (like Dooglus does).
hero member
Activity: 560
Merit: 500
Now i got all the main idea of the projec the money invested is used to pay users and others things ,and when the house wins they share their profit with the investors,and when no profit all loose,looks a company with some happy members its a risky project to run and support knowing that there is several gambling websites now.
hero member
Activity: 882
Merit: 1000
Try +72 to -28. A drop of around 100 BTC. My own investment went from being +29% to -22% in two days.

i thought i have seen the extreme. cant believe you even encountered worth. still can rmb when was that?

Ryan, could you add a plot of investor profit over time on the investment page. Not only it could tell us how good or bad MP has been doing, it could also give current and potential investors a better idea of the risk by showing them the crazy swings in the past.
legendary
Activity: 2940
Merit: 1330
Yeah, his description matches JD, and he said it looks the same, so I think that's what he was talking about. Not sure about old balances but I think they're lost now.

Old balances aren't lost. The old accounts still work but I'll need to manually process any old BTC withdrawals.
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