MoneyPot.com :: The bitcoin gambling wallet - page 37.

win win win

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Quote from: RHavar on August 21, 2015, 10:13:04 AM

Regarding the investment lock feature. It's actually just a simple thing that disables the "Divest" function. It's just something really limited in scope, and has almost no impact on the rest of the system (while having "locked balances") would, even though I really do like the idea of it.

Quote from: win win win on August 21, 2015, 10:11:47 AM

Is the site down now?

Down in profit, but up as in functioning.

I had a 404 message for 10 minutes, But yes its working now.

RHavar

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Activity: 1463

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Regarding the investment lock feature. It's actually just a simple thing that disables the "Divest" function. It's just something really limited in scope, and has almost no impact on the rest of the system (while having "locked balances") would, even though I really do like the idea of it.

Quote from: win win win on August 21, 2015, 10:11:47 AM

Is the site down now?

Down in profit, but up as in functioning.

win win win

sr. member

Activity: 277

Merit: 255

Is the site down now?

arallmuus

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Quote from: ndnh on August 21, 2015, 06:55:51 AM

Quote from: arallmuus on August 21, 2015, 06:51:38 AM

-snip-

Well, I was talking in relative amount and you seem to be talking in absolute amounts.

Technically, I assume a % of the bankroll is worth the same to everyone. Practically, for someone who invested ~115BTC who is aware of the risk doesn't qualify to be the most suffered from my point of view.

Ahh okay then It is just a misunderstanding then as both points are correct because of the 1x kelly so everyone bear the same amount of risk depending on their stake of the bankroll. If we are merely discussing about the amounts then Ryan is indeed suffering the most because of the highest stake

.

Quote from: ndnh on August 21, 2015, 07:38:13 AM

I tried the locking investment feature, first invested 1 bit, locked it, but when I invest another bit, it gets locked too??

So when the funds are locked, one can invest more but can't divest?

The lock feature is kinda funny . I just locked myself out for 1 day without investing anything and it seems yes that you can invest while being locked but just cant divest for the X period of time

Quote from: RHavar on August 21, 2015, 09:43:43 AM

(which AFAICT it does, the maths seems fine and there's no evidence of any foul play)

It seems this one got a very nice luck then

Quote from: RHavar on August 21, 2015, 09:43:43 AM

MoneyPot itself is running under no-commission until the investor profit reaches 50 BTC again (which looks like it could a long, bumpy road).

It could be months to achieve this unless some other player like luthic wager at Moneypot but then the "luck factor" need to shift back to the investor

At the time Im writing this, another whale is betting huge in sharp dice currently (3.1 BTC profit )

https://www.moneypot.com/users/johnny1985

RHavar

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Activity: 1463

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Well, updated the homepage to not show the + on negative amounts ( and color it red ). Really wasn't expecting to need that, again, but here we are, -8.3 BTC in investor profit.

The good news is, we got some pretty aggressive action by luthic, and what I can only assume was a great experience (lots of variance, a nice net win, and instant cashouts =). Now if only we had a 100 people betting like him to smooth over the variance =D

If anyone wants the raw data of his massacre:

http://privatepaste.com/download/bc692f53a0

bet_id ; wager ; profit

I'll make some charts a bit later, but I'll go for a jog now to distract myself. Spent a third of the night hunched over my laptop (until it ran out of power) making sure everything checks out (which AFAICT it does, the maths seems fine and there's no evidence of any foul play)

---

And for full disclosure, I am the largest investor currently holding 33% of the bankroll (just refreshed the proof-of-liabilities too) so it was independent investors who bore the brunt of that. MoneyPot itself is running under no-commission until the investor profit reaches 50 BTC again (which looks like it could a long, bumpy road).

ndnh

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New Decentralized Nuclear Hobbit

I tried the locking investment feature, first invested 1 bit, locked it, but when I invest another bit, it gets locked too??

So when the funds are locked, one can invest more but can't divest?

Edit: -13BTC once again. Unfortunately, I locked my funds for 1 day.

ndnh

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New Decentralized Nuclear Hobbit

Quote from: arallmuus on August 21, 2015, 06:51:38 AM

Quote from: ndnh on August 21, 2015, 06:44:21 AM

Quote from: arallmuus on August 21, 2015, 06:36:54 AM

-snip-

Nah, I meant even if you consider that, Ryan is still not the most "suffered".

What about the other investors of the remaining 70%? Was considering that aspect.

Not sure what you mean though but If you are grouping the other 70 % investor as a whole then yes the whole pack suffered alot more but I based my opinion on each single investor so yes individually as an investor, Ryan suffered the most because of him having the biggest stake though

Moreover as we are discussing about investor here, some live action in dustdice at the moment. Luthic came back and just lost another 5 BTC . It seems variance is slowly shifting to the investor again Cheesy

Code:

Site Bankroll: 331,130,613.84 bits
Wagered against bankroll: 13,721,277,010.85 bits
Investor Profit: -4,637,892.66 bits

P.S : mind my stupidity sometimes I cant think clearly it seems lol

Well, I was talking in relative amount and you seem to be talking in absolute amounts.

Technically, I assume a % of the bankroll is worth the same to everyone. Practically, for someone who invested ~115BTC who is aware of the risk doesn't qualify to be the most suffered from my point of view.

I just saw the loss go to some -10 to -20 range before settling at 4. (had edited the post. you are too fast.

)

arallmuus

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Activity: 2562

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Quote from: ndnh on August 21, 2015, 06:44:21 AM

Quote from: arallmuus on August 21, 2015, 06:36:54 AM

-snip-

Nah, I meant even if you consider that, Ryan is still not the most "suffered".

What about the other investors of the remaining 70%? Was considering that aspect.

Not sure what you mean though but If you are grouping the other 70 % investor as a whole then yes the whole pack suffered alot more but I based my opinion on each single investor so yes individually as an investor, Ryan suffered the most because of him having the biggest stake though

Moreover as we are discussing about investor here, some live action in dustdice at the moment. Luthic came back and just lost another 5 BTC . It seems variance is slowly shifting to the investor again Cheesy

Code:

Site Bankroll: 331,130,613.84 bits
Wagered against bankroll: 13,721,277,010.85 bits
Investor Profit: -4,637,892.66 bits

P.S : mind my stupidity sometimes I cant think clearly it seems lol

ndnh

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Activity: 1302

Merit: 1005

New Decentralized Nuclear Hobbit

Quote from: arallmuus on August 21, 2015, 06:36:54 AM

Quote from: ndnh on August 21, 2015, 06:28:49 AM

Quote from: arallmuus on August 21, 2015, 05:29:21 AM

Due to this circumstances it seems Ryan will keep on sacrificing his moneypot's share of profit back to the investor until everyone back to green again ( was the previous promotions from Ryan over) (?) Too bad but Ryan is the one that suffer the most because of this huge win though , plus that this luthic guy is betting for max win which means there isnt any share of profit for Moneypot

One or two variance is pretty much needed here as there hasnt been any huge winner yet in Moneypot and with investor's profit taking a huge dip down then this is a good time to "gamble" in investment as the variance might soon shift again to the investor's side ( or that luthic could come back to dip more of this Cheesy

)

Quote from: DiscoverCebu on August 21, 2015, 05:23:49 AM

or it will bite him for sure.

or he can win more Tongue

. He got some pretty nice luck though

LOL, both theoretically and practically it is the investors who is taking the hit most.

Ryan is sacrificing his share, but he is only setting off the investor's loss which is the most hit.

Yep the investors, in this case it will be Ryan as he has over 30 % of the bankroll stake though as I told you before he is the biggest investor there. So practically he suffer the most here due to this crazy luck by luthic Wink

( Im merely stating Ryan as investor and not Moneypot's owner in my previous post and I should have made it clearer to avoid confusion I think Wink

. Although I personally think this huge lost of the investor is something good for promotional purposes as people are always crazy about success story in a gambling site which is pretty rare nowadays

Quote from: ndnh on August 21, 2015, 06:28:49 AM

It does make sense to sacrifice short term profit for long term growth (and profit).

Pretty much agree with you on this

Nah, I meant even if you consider that, Ryan is still not the most "suffered".

What about the other investors of the remaining 70%? Was considering that aspect.

Edit: I hope no one locked their investment.. this was what I talked about.

reference on invested amounts: https://www.moneypot.com/proof-of-liabilities.txt

~~Profit went down further?~~
Went down to -14 something and at -4 now.

arallmuus

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Activity: 2562

Merit: 1414

Quote from: ndnh on August 21, 2015, 06:28:49 AM

Quote from: arallmuus on August 21, 2015, 05:29:21 AM

Due to this circumstances it seems Ryan will keep on sacrificing his moneypot's share of profit back to the investor until everyone back to green again ( was the previous promotions from Ryan over) (?) Too bad but Ryan is the one that suffer the most because of this huge win though , plus that this luthic guy is betting for max win which means there isnt any share of profit for Moneypot

One or two variance is pretty much needed here as there hasnt been any huge winner yet in Moneypot and with investor's profit taking a huge dip down then this is a good time to "gamble" in investment as the variance might soon shift again to the investor's side ( or that luthic could come back to dip more of this Cheesy

)

Quote from: DiscoverCebu on August 21, 2015, 05:23:49 AM

or it will bite him for sure.

or he can win more Tongue

. He got some pretty nice luck though

LOL, both theoretically and practically it is the investors who is taking the hit most.

Ryan is sacrificing his share, but he is only setting off the investor's loss which is the most hit.

Yep the investors, in this case it will be Ryan as he has over 30 % of the bankroll stake though as I told you before he is the biggest investor there. So practically he suffer the most here due to this crazy luck by luthic Wink

( Im merely stating Ryan as investor and not Moneypot's owner in my previous post and I should have made it clearer to avoid confusion I think Wink

. Although I personally think this huge lost of the investor is something good for promotional purposes as people are always crazy about success story in a gambling site which is pretty rare nowadays

Quote from: ndnh on August 21, 2015, 06:28:49 AM

It does make sense to sacrifice short term profit for long term growth (and profit).

Pretty much agree with you on this

ndnh

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Activity: 1302

Merit: 1005

New Decentralized Nuclear Hobbit

Quote from: arallmuus on August 21, 2015, 05:29:21 AM

Due to this circumstances it seems Ryan will keep on sacrificing his moneypot's share of profit back to the investor until everyone back to green again ( was the previous promotions from Ryan over) (?) Too bad but Ryan is the one that suffer the most because of this huge win though , plus that this luthic guy is betting for max win which means there isnt any share of profit for Moneypot

One or two variance is pretty much needed here as there hasnt been any huge winner yet in Moneypot and with investor's profit taking a huge dip down then this is a good time to "gamble" in investment as the variance might soon shift again to the investor's side ( or that luthic could come back to dip more of this Cheesy

)

Quote from: DiscoverCebu on August 21, 2015, 05:23:49 AM

or it will bite him for sure.

or he can win more Tongue

. He got some pretty nice luck though

LOL, both theoretically and practically it is the investors who is taking the hit most.

Ryan is sacrificing his share, but he is only setting off the investor's loss which is the most hit.

Edit: Ryan's lose/sacrifice is very little/insignificant if you consider this particular case. Moneypot and the app makes very low income on big bets, so Moneypot got a very small amount relatively, which went to investors due to the promotion.

It does make sense to sacrifice short term profit for long term growth (and profit).
Well, it is still a better scenario for Moneypot investors.

arallmuus

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Activity: 2562

Merit: 1414

Due to this circumstances it seems Ryan will keep on sacrificing his moneypot's share of profit back to the investor until everyone back to green again ( was the previous promotions from Ryan over) (?) Too bad but Ryan is the one that suffer the most because of this huge win though , plus that this luthic guy is betting for max win which means there isnt any share of profit for Moneypot

One or two variance is pretty much needed here as there hasnt been any huge winner yet in Moneypot and with investor's profit taking a huge dip down then this is a good time to "gamble" in investment as the variance might soon shift again to the investor's side ( or that luthic could come back to dip more of this Cheesy

)

Quote from: DiscoverCebu on August 21, 2015, 05:23:49 AM

or it will bite him for sure.

or he can win more Tongue

. He got some pretty nice luck though

DiscoverCebu

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Activity: 392

Merit: 250

Quote from: NLNico on August 21, 2015, 05:19:46 AM

That is very real, yes.

https://www.moneypot.com/users/luthic is up ~36 coins total, it seems. Was even more according to posts ITT.

Damn he's down 10btc since my last post, I think he should withdraw it now and be ahead of the edge, or it will bite him for sure.

NLNico

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Activity: 1876

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DiceSites.com owner

That is very real, yes.

https://www.moneypot.com/users/luthic is up ~36 coins total, it seems. Was even more according to posts ITT.

Monopoly

hero member

Activity: 546

Merit: 500

The status is real ?

Site Bankroll: 326,425,419.60 bits
Wagered against bankroll: 13,692,819,304.14 bits
Investor Profit: -9,337,148.02 bits

ranlo

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Activity: 1988

Merit: 1007

Quote from: NLNico on August 21, 2015, 04:31:17 AM

Nah there was a bug that put + sign before negative number. Ryan fixed it on investment page but apparently forgot it on home Wink

Yeah, guessing the question was in relation to one being - and the other being +-, though they're the same thing. In fact, when I do math, I always add numbers (i.e., instead of 3 - 4 I do 3 + -4).

NLNico

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DiceSites.com owner

Nah there was a bug that put + sign before negative number. Ryan fixed it on investment page but apparently forgot it on home Wink

DiscoverCebu

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Activity: 392

Merit: 250

Quote from: marioantonini on August 21, 2015, 04:02:30 AM

Why in the home i see

Bankroll: 332,496,469 bits
Wagered: 13,199,751,931 bits
Investor Profit: +-13,235,958 bits

but in investor page see

Site Bankroll:
332,498,258.80 bits
Wagered against bankroll:
13,199,744,214.67 bits
Investor Profit:
-13,234,168.42 bits

Lol it increases and decreases when player bets(and wins or loses).

marioantonini

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Activity: 2156

Merit: 1082

Why in the home i see

Bankroll: 332,496,469 bits
Wagered: 13,199,751,931 bits
Investor Profit: +-13,235,958 bits

but in investor page see

Site Bankroll:
332,498,258.80 bits
Wagered against bankroll:
13,199,744,214.67 bits
Investor Profit:
-13,234,168.42 bits

Coef

hero member

Activity: 882

Merit: 1000

Exhausted

Quote from: DiscoverCebu on August 21, 2015, 03:43:50 AM

Quote from: ranlo on August 21, 2015, 03:32:06 AM

He's at ~+60 BTC now. Holy crap, lol.

Seems he is down quite hugely now, at 35btc profit from your claimed 60btc.He was betting est. 3btc bets just 10 mins ago.

His current profit is 38.76 on Dustdice and 7.78 on Roulett.oshi.XYZ, so his total profit is 46.54 btc.

The investor profit was -34.6 a while ago and is -19.7 now, so roughly he has lost 14.9 back (there are some others betting but their bet sizes are a few magnitudes smaller), that makes his peak profit somewhere around 61 btc.

Topic: MoneyPot.com :: The bitcoin gambling wallet - page 37. (Read 77137 times)