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Topic: MoneyPot.com :: The bitcoin gambling wallet - page 33. (Read 77137 times)

legendary
Activity: 1988
Merit: 1007
September 04, 2015, 06:15:02 PM
As a temporary measure, I've added a 0.5 second delay for all bets < 1 bit and a 0.1 second delay for all bets < 10 bits. Bets of 10 bits of greater will go through without any delay at all.

It's a very unideal way of doing it, as I don't actually want to put a delay on someone manually trying out stuff, I just want to cut down on some of the spam we're seeing =)  This will end up being phased out for a more quota-based approach

I actually like how you have it now, as opposed to limiting people overall. While it's "annoying" to some, it's a great solution for those that want to climb up instead of starting out high.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
September 04, 2015, 04:05:50 PM
As a temporary measure, I've added a 0.5 second delay for all bets < 1 bit and a 0.1 second delay for all bets < 10 bits. Bets of 10 bits of greater will go through without any delay at all.

It's a very unideal way of doing it, as I don't actually want to put a delay on someone manually trying out stuff, I just want to cut down on some of the spam we're seeing =)  This will end up being phased out for a more quota-based approach

it would be nice if each MP user could see this info if he enters MP or his MP account.
legendary
Activity: 1463
Merit: 1886
September 04, 2015, 04:00:03 PM
As a temporary measure, I've added a 0.5 second delay for all bets < 1 bit and a 0.1 second delay for all bets < 10 bits. Bets of 10 bits of greater will go through without any delay at all.

It's a very unideal way of doing it, as I don't actually want to put a delay on someone manually trying out stuff, I just want to cut down on some of the spam we're seeing =)  This will end up being phased out for a more quota-based approach
hero member
Activity: 728
Merit: 500
Betterbets.io Casino
September 02, 2015, 10:08:36 AM
As long as you don't offer 50% edge without appropriate disclosure, that is quite fine. Smiley

Meh, doing that instantly kills your site anyway once your thread and other threads get spammed up about you having such a ridiculously high house edge. I just hope there wasn't a poor sod who didn't notice the win chance being so low, though.

Maybe I should make a parody gambling website with a 99% house edge. Call it ShitDice. Wink

LOL, I did consider that too. Cheesy

But thought it might genuinely be concerning since may be some players will confuse 99% edge for 99% player return or something. And there is a risk, for 2x win I think it shows 0.5% which can be confused with 0.5 or 50%.

Tagline for DareDice: For those who dare to play. Grin
Umm guys just wanted to tell you, aren't you going a bit off-topic with the discussion, well I'm having fun reading upi your posts but maybe create another thread about this.

Nope. We are discussing Moneypot apps and their potential edges. (Not off-topic Grin ) IMO, they should be limited to a maximum of 5% for bets below a certain limit say 5BTC or something.

Otherwise someone is going to create that app with a huge edge, and argue here. Smiley

Agreed, especially when industry standard in Bitcoinland is 1%, unless providing a jackpot 0.1-5% is a fair cap.
hero member
Activity: 532
Merit: 500
You have eyes but can see Mt. Tai?!
September 02, 2015, 09:56:50 AM
Just to enlighten this, for those that is unaware ( or maybe that Im just too late to post this ) , Luthic winning streak is back though

https://www.moneypot.com/users/luthic

Currently +27.8 BTC in dustdice and +5.6 BTC in roulette



aren't you going a bit off-topic with the discussion

Generally it is still on topic



Now this is off - topic

@ndnhc : pretty colourful sig there, nice ! Cheesy
Didnt notice it , investor's profit was 37btc last time I was(which was when I depoed 0.05 and WD 0.1btc from MP) and now its down to 17btc. Wooh good luck to that guy but he should withdraw while he is still in profit(don't think he is watching this thread but , what the heck anyway).
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 02, 2015, 09:54:15 AM
As long as you don't offer 50% edge without appropriate disclosure, that is quite fine. Smiley

Meh, doing that instantly kills your site anyway once your thread and other threads get spammed up about you having such a ridiculously high house edge. I just hope there wasn't a poor sod who didn't notice the win chance being so low, though.

Maybe I should make a parody gambling website with a 99% house edge. Call it ShitDice. Wink

LOL, I did consider that too. Cheesy

But thought it might genuinely be concerning since may be some players will confuse 99% edge for 99% player return or something. And there is a risk, for 2x win I think it shows 0.5% which can be confused with 0.5 or 50%.

Tagline for DareDice: For those who dare to play. Grin
Umm guys just wanted to tell you, aren't you going a bit off-topic with the discussion, well I'm having fun reading upi your posts but maybe create another thread about this.

Nope. We are discussing Moneypot apps and their potential edges. (Not off-topic Grin ) IMO, they should be limited to a maximum of 5% for bets below a certain limit say 5BTC or something.

Otherwise someone is going to create that app with a huge edge, and argue here. Smiley
legendary
Activity: 2562
Merit: 1414
September 02, 2015, 09:51:45 AM
Just to enlighten this, for those that is unaware ( or maybe that Im just too late to post this ) , Luthic winning streak is back though

https://www.moneypot.com/users/luthic

Currently +27.8 BTC in dustdice and +5.6 BTC in roulette



aren't you going a bit off-topic with the discussion

Generally it is still on topic



Now this is off - topic

@ndnhc : pretty colourful sig there, nice ! Cheesy
hero member
Activity: 532
Merit: 500
You have eyes but can see Mt. Tai?!
September 02, 2015, 09:47:59 AM
As long as you don't offer 50% edge without appropriate disclosure, that is quite fine. Smiley

Meh, doing that instantly kills your site anyway once your thread and other threads get spammed up about you having such a ridiculously high house edge. I just hope there wasn't a poor sod who didn't notice the win chance being so low, though.

Maybe I should make a parody gambling website with a 99% house edge. Call it ShitDice. Wink

LOL, I did consider that too. Cheesy

But thought it might genuinely be concerning since may be some players will confuse 99% edge for 99% player return or something. And there is a risk, for 2x win I think it shows 0.5% which can be confused with 0.5 or 50%.

Tagline for DareDice: For those who dare to play. Grin
Umm guys just wanted to tell you, aren't you going a bit off-topic with the discussion, well I'm having fun reading upi your posts but maybe create another thread about this.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 02, 2015, 09:44:16 AM
As long as you don't offer 50% edge without appropriate disclosure, that is quite fine. Smiley

Meh, doing that instantly kills your site anyway once your thread and other threads get spammed up about you having such a ridiculously high house edge. I just hope there wasn't a poor sod who didn't notice the win chance being so low, though.

Maybe I should make a parody gambling website with a 99% house edge. Call it ShitDice. Wink

LOL, I did consider that too. Cheesy

But thought it might genuinely be concerning since may be some players will confuse 99% edge for 99% player return or something. And there is a risk, for 2x win I think it shows 0.5% which can be confused with 0.5 or 50%.

Tagline for DareDice: For those who dare to play. Grin
hero member
Activity: 728
Merit: 500
Betterbets.io Casino
September 02, 2015, 09:17:39 AM
As long as you don't offer 50% edge without appropriate disclosure, that is quite fine. Smiley

Meh, doing that instantly kills your site anyway once your thread and other threads get spammed up about you having such a ridiculously high house edge. I just hope there wasn't a poor sod who didn't notice the win chance being so low, though.

Maybe I should make a parody gambling website with a 99% house edge. Call it ShitDice. Wink

Haha! Well I believe someone did play there but RHavar refunded them for lack of transparency on the site, pretty soon there may be a change to 'devs' for using Moneypot API as these untitled dice sites are getting ridiculous.
legendary
Activity: 1134
Merit: 1118
September 02, 2015, 09:10:39 AM
As long as you don't offer 50% edge without appropriate disclosure, that is quite fine. Smiley

Meh, doing that instantly kills your site anyway once your thread and other threads get spammed up about you having such a ridiculously high house edge. I just hope there wasn't a poor sod who didn't notice the win chance being so low, though.

Maybe I should make a parody gambling website with a 99% house edge. Call it ShitDice. Wink
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 02, 2015, 06:20:57 AM
I took it as an advice but as a bad advice because it looks like that you don't know the maths.

I know the math.  Cool

I am not an app owner.  Roll Eyes

QuantumDice?
I did own 20% stake for some 4-5 days. I sold my share weeks ago.  Roll Eyes
I never marketed for Qdice.net either.


again I want to say that you don't know the maths and it is not something bad it just happens

and as you mentioned it now that you have been partner of quantum that means you were an app owner even only with 20%

I am using present tense, mate. And you most certainly were. Smiley
For how long? 5 days? And what exactly did I do? It has absolutely nothing to do with this or anything I ever posted.

And what math are you even talking about? About House edge? I only simplified it. That is for the bets in the lower range. If you need the full explanation simply check a few pages back, where RHaver and NLNico explained every part. The same thing applies for a 50% house edge.
If you mean something else, kindly explain which part of this is wrong:

Quote
lol, if you are going to increase your edge, you may lose your existing players.

You should lower the 1% edge contribution to some 0.1% and the edge from 1 to 0.9. So, a players EV sans jackpot is -1% and not the 2% currently.
Just my opinion.

I just said what I wanted to say. When I used to bet, I didn't like the -2% EV ignoring jackpot. That is all it is. Tongue
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
September 02, 2015, 03:46:04 AM
I took it as an advice but as a bad advice because it looks like that you don't know the maths.

I know the math.  Cool

I am not an app owner.  Roll Eyes

QuantumDice?
I did own 20% stake for some 4-5 days. I sold my share weeks ago.  Roll Eyes
I never marketed for Qdice.net either.


again I want to say that you don't know the maths and it is not something bad it just happens

and as you mentioned it now that you have been partner of quantum that means you were an app owner even only with 20%
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 02, 2015, 03:35:58 AM
I took it as an advice but as a bad advice because it looks like that you don't know the maths.

I know the math.  Cool


Quote
IMO you as an app owner/partner should not give other app owners any advice here in this forum if at all. there is slack for app owner discussions.

I am not an app owner.  Roll Eyes


Quote
we gave many +ev (player) promos that not many user took chance of because they are just not interested in any +ev (player) they just want to have fun and gamble. or why do you think they go to play plinko or on apps with more than 0.1% HE like quantum dice? quantum dice should be filled up with customers if one looks for low HE but it isn't full at all.

Guess what, I made a 1 billionth roll prediction contest with extreme +EV. Not that much turnout as I'd expect.

QuantumDice?
I did own 20% stake for some 4-5 days. I sold my share weeks ago.  Roll Eyes
I never marketed for Qdice.net either.

Quote
or take brian's roulette HE offer, there is no better offer on the net and it should be full but is it full of players? no.......

Market is saturated in the forum. Thought you already knew that by now.


Quote
I think we should agree that each app owner should offer what he likes and if he asks for help
to try to help him as good as one can.

As long as you don't offer 50% edge without appropriate disclosure, that is quite fine. Smiley


Thanks Smiley
ndnhc

P.S. Was talking in the player's interest.
I am aware of the trouble you are taking to get players to your site. In fact, I know admins who have worked very hard. Been around since 2013. Promos won't help much.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
September 02, 2015, 03:11:47 AM

Are they misleading, though? That's a big question. If they're upfront, I see it being no different than a HYIP -- people can do as they wish. If they are claiming to have better odds, though, that's a problem.

Any site that has 50x worse odds than industry standard is obviously trying to mislead customers, yes.

thats not right IMO if the OP makes % HE fully clear to the customer. I am sure you know how many %
the state lotteries are paying out

lol, if you are going to increase your edge, you may lose your existing players.

You should lower the 1% edge contribution to some 0.1% and the edge from 1 to 0.9. So, a players EV sans jackpot is -1% and not the 2% currently.
Just my opinion.

I also don't agree with you on your point of view. and it looks to me that you need to do the maths again.
every app owner and you could call them casino owner should offer his game as he likes and it is up to the player/customer to decide where to go to put his bet. it works like that in on or offline casinos.


That was just an advice. You can make your app have a 100% edge. I personally have no problems with that.  Cool

I took it as an advice but as a bad advice because it looks like that you don't know the maths.
IMO you as an app owner/partner should not give other app owners any advice here in this forum if at all. there is slack for app owner discussions.

we gave many +ev (player) promos that not many user took chance of because they are just not interested in any +ev (player) they just want to have fun and gamble. or why do you think they go to play plinko or on apps with more than 0.1% HE like quantum dice? quantum dice should be filled up with customers if one looks for low HE but it isn't full at all.

or take brian's roulette HE offer, there is no better offer on the net and it should be full but is it full of players? no.......

a casino needs to give promos and with MP right now it is very difficult to offer the right promos and hopefully it will change because MP has best chances to grow and give players best choice of games and different HE to chose from.

I think we should agree that each app owner should offer what he likes and if he asks for help
to try to help him as good as one can.

your partner for example asked for info through PM and I gave him the info but did he get back to say "thanks" ? no Sad

best of luck wherever you put your coins


legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 02, 2015, 02:51:39 AM

Are they misleading, though? That's a big question. If they're upfront, I see it being no different than a HYIP -- people can do as they wish. If they are claiming to have better odds, though, that's a problem.

Any site that has 50x worse odds than industry standard is obviously trying to mislead customers, yes.

thats not right IMO if the OP makes % HE fully clear to the customer. I am sure you know how many %
the state lotteries are paying out

lol, if you are going to increase your edge, you may lose your existing players.

You should lower the 1% edge contribution to some 0.1% and the edge from 1 to 0.9. So, a players EV sans jackpot is -1% and not the 2% currently.
Just my opinion.

I also don't agree with you on your point of view. and it looks to me that you need to do the maths again.
every app owner and you could call them casino owner should offer his game as he likes and it is up to the player/customer to decide where to go to put his bet. it works like that in on or offline casinos.


That was just an advice. You can make your app have a 100% edge. I personally have no problems with that.  Cool
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
September 02, 2015, 02:34:01 AM

Are they misleading, though? That's a big question. If they're upfront, I see it being no different than a HYIP -- people can do as they wish. If they are claiming to have better odds, though, that's a problem.

Any site that has 50x worse odds than industry standard is obviously trying to mislead customers, yes.

thats not right IMO if the OP makes % HE fully clear to the customer. I am sure you know how many %
the state lotteries are paying out

lol, if you are going to increase your edge, you may lose your existing players.

You should lower the 1% edge contribution to some 0.1% and the edge from 1 to 0.9. So, a players EV sans jackpot is -1% and not the 2% currently.
Just my opinion.

I also don't agree with you on your point of view. and it looks to me that you need to do the maths again.
every app owner and you could call them casino owner should offer his game as he likes and it is up to the player/customer to decide where to go to put his bet. it works like that in on or offline casinos.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
September 02, 2015, 02:26:51 AM

On a more positive note, we've given out a total of 87.84 BTC in commissions to app developers! Keep it up!

Thanks!

=)

sounds really good but if you could give us the number of apps and time for this nice number it
could put this number in the right perspective.

legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 02, 2015, 02:08:42 AM

Are they misleading, though? That's a big question. If they're upfront, I see it being no different than a HYIP -- people can do as they wish. If they are claiming to have better odds, though, that's a problem.

Any site that has 50x worse odds than industry standard is obviously trying to mislead customers, yes.

thats not right IMO if the OP makes % HE fully clear to the customer. I am sure you know how many %
the state lotteries are paying out

lol, if you are going to increase your edge, you may lose your existing players.

You should lower the 1% edge contribution to some 0.1% and the edge from 1 to 0.9. So, a players EV sans jackpot is -1% and not the 2% currently.
Just my opinion.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
September 02, 2015, 02:05:43 AM

Are they misleading, though? That's a big question. If they're upfront, I see it being no different than a HYIP -- people can do as they wish. If they are claiming to have better odds, though, that's a problem.

Any site that has 50x worse odds than industry standard is obviously trying to mislead customers, yes.

thats not right IMO if the OP makes % HE fully clear to the customer. I am sure you know how many %
the state lotteries are paying out
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