MoneyPot.com :: The bitcoin gambling wallet - page 40.

masterzino

hero member

Activity: 1218

Merit: 513

Quote from: RHavar on August 17, 2015, 07:57:15 PM

New Feature: Divestment Lockouts

Often people have given me money to hold, normally to prevent themselves from gambling. Well now we have an automated solution if you don't trust your future-self

On the investment tab, checkout our "Divestment Lockout" feature:

great update i think this is first wallet with this feature , you are doing great job! Moneypot is the best. can I invest more without option to divest?

RHavar

legendary

Activity: 1463

Merit: 1886

New Feature: Divestment Lockouts

Often people have given me money to hold, normally to prevent themselves from gambling. Well now we have an automated solution if you don't trust your future-self

On the investment tab, checkout our "Divestment Lockout" feature:

RHavar

legendary

Activity: 1463

Merit: 1886

Yeah, it's on the todo-list to massively improve the investor displays. We have all the information there, it's just a question of nicely processing and displaying it.

Quote from: Chemistry1988 on August 17, 2015, 06:47:27 AM

I notice that the proof-of-liabilities.txt has not been updated for at least two days. Ryan, please fix it.

Sorry, updated

Quote from: BitBatFan on August 17, 2015, 06:51:52 AM

I'm curious how are server seeds generated? New seed every roll, new seed per user for 24 hours...?

They are generated on a per-roll basis. As in, each bet must be placed against a pre-generated server secret

BitBatFan

sr. member

Activity: 258

Merit: 250

I'm curious how are server seeds generated? New seed every roll, new seed per user for 24 hours...?

Chemistry1988

legendary

Activity: 1120

Merit: 1000

I notice that the proof-of-liabilities.txt has not been updated for at least two days. Ryan, please fix it.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

In the mathematical sense: "Where would the profit be expected with the past bets right now?"

The other use is called "predicted profit" as in extrapolate past profits.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: TwinWinNerD on August 15, 2015, 06:54:48 PM

Quote from: ranlo on August 15, 2015, 06:54:03 PM

Quote from: TwinWinNerD on August 15, 2015, 06:47:22 PM

Quote from: ranlo on August 15, 2015, 06:46:17 PM

Quote from: TwinWinNerD on August 15, 2015, 06:36:05 PM

Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.

Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.

Ahhh, so you mean like:

Bets   61,049,903
Wagered   10,398,319,818.69 bits
Bets Profit   95,132,383.84 bits (0.91%)
Expected Profit   92,179,703.39 bits (0.89%)

But showing the Expected Profit for all sites (on the main page, in the box with all the other information)? If so, I'm all for that.

This number is not right either. its the expected profit of --> (APP dev + Moneypot + Investors)

Ahhhh, I think I follow now. So basically just encapsulate the investor profit from everything else for clarity purposes.

Close

the investors profit we already know! But the expected profit we don't know Cheesy

There we go, finally. "Expected profit" could mean future or past. I think that's what was catching me. You mean the expected profit of bets that have already been made. It kept clicking in my head as looking for expected profit going into the future. English, huh?

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: ranlo on August 15, 2015, 06:54:03 PM

Quote from: TwinWinNerD on August 15, 2015, 06:47:22 PM

Quote from: ranlo on August 15, 2015, 06:46:17 PM

Quote from: TwinWinNerD on August 15, 2015, 06:36:05 PM

Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.

Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.

Ahhh, so you mean like:

Bets   61,049,903
Wagered   10,398,319,818.69 bits
Bets Profit   95,132,383.84 bits (0.91%)
Expected Profit   92,179,703.39 bits (0.89%)

But showing the Expected Profit for all sites (on the main page, in the box with all the other information)? If so, I'm all for that.

This number is not right either. its the expected profit of --> (APP dev + Moneypot + Investors)

Ahhhh, I think I follow now. So basically just encapsulate the investor profit from everything else for clarity purposes.

Close

the investors profit we already know! But the expected profit we don't know Cheesy

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: TwinWinNerD on August 15, 2015, 06:47:22 PM

Quote from: ranlo on August 15, 2015, 06:46:17 PM

Quote from: TwinWinNerD on August 15, 2015, 06:36:05 PM

Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.

Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.

Ahhh, so you mean like:

Bets   61,049,903
Wagered   10,398,319,818.69 bits
Bets Profit   95,132,383.84 bits (0.91%)
Expected Profit   92,179,703.39 bits (0.89%)

But showing the Expected Profit for all sites (on the main page, in the box with all the other information)? If so, I'm all for that.

This number is not right either. its the expected profit of --> (APP dev + Moneypot + Investors)

Ahhhh, I think I follow now. So basically just encapsulate the investor profit from everything else for clarity purposes.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: ranlo on August 15, 2015, 06:46:17 PM

Quote from: TwinWinNerD on August 15, 2015, 06:36:05 PM

Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.

Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.

Ahhh, so you mean like:

Bets   61,049,903
Wagered   10,398,319,818.69 bits
Bets Profit   95,132,383.84 bits (0.91%)
Expected Profit   92,179,703.39 bits (0.89%)

But showing the Expected Profit for all sites (on the main page, in the box with all the other information)? If so, I'm all for that.

This number is not right either. its the expected profit of --> (APP dev + Moneypot + Investors)

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: TwinWinNerD on August 15, 2015, 06:36:05 PM

Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.

Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.

Ahhh, so you mean like:

Bets   61,049,903
Wagered   10,398,319,818.69 bits
Bets Profit   95,132,383.84 bits (0.91%)
Expected Profit   92,179,703.39 bits (0.89%)

But showing the Expected Profit for all sites (on the main page, in the box with all the other information)? If so, I'm all for that.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.

Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: TwinWinNerD on August 15, 2015, 06:31:56 PM

Quote from: ranlo on August 15, 2015, 06:30:44 PM

Quote from: TwinWinNerD on August 15, 2015, 06:18:48 PM

Quote from: ranlo on August 15, 2015, 04:51:02 PM

Quote from: TwinWinNerD on August 15, 2015, 04:29:18 PM

Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)

Even better would be some sort of table that just shows, for example:

08/15/15 | +2.93%
08/16/15 | -1.21%
08/17/15 | -0.39%

More or less, something to quickly and easily see the profit/loss per day in a % format. Or even weekly.

This statistic you can track yourself already. The one I ask for is impossible (ok nearly impossible, one could monitor all apps) to track yourself.

You can track yours yourself as well. I already do it. The amount fluctuates constantly, so you do it once per day. I figured we were just trying to lessen the burden on ourselves,

.

I think you are talking about another stat as me. Do you know how investors houseedge is calculated? Thats rather complicated and you need to know every single bet basically + the HE of the app it originated.

Expected profit of the investors, I was assuming, would just mean "if I invested 3 BTC now, how much could I expect to get as a return over x period?" In that case, you would just extrapolate from the average of the x days you've been tracking return. So I guess we are on a different page here, :p.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: ranlo on August 15, 2015, 06:30:44 PM

Quote from: TwinWinNerD on August 15, 2015, 06:18:48 PM

Quote from: ranlo on August 15, 2015, 04:51:02 PM

Quote from: TwinWinNerD on August 15, 2015, 04:29:18 PM

Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)

Even better would be some sort of table that just shows, for example:

08/15/15 | +2.93%
08/16/15 | -1.21%
08/17/15 | -0.39%

More or less, something to quickly and easily see the profit/loss per day in a % format. Or even weekly.

This statistic you can track yourself already. The one I ask for is impossible (ok nearly impossible, one could monitor all apps) to track yourself.

You can track yours yourself as well. I already do it. The amount fluctuates constantly, so you do it once per day. I figured we were just trying to lessen the burden on ourselves,

.

I think you are talking about another stat as me. Do you know how investors houseedge is calculated? Thats rather complicated and you need to know every single bet basically + the HE of the app it originated.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: TwinWinNerD on August 15, 2015, 06:18:48 PM

Quote from: ranlo on August 15, 2015, 04:51:02 PM

Quote from: TwinWinNerD on August 15, 2015, 04:29:18 PM

Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)

Even better would be some sort of table that just shows, for example:

08/15/15 | +2.93%
08/16/15 | -1.21%
08/17/15 | -0.39%

More or less, something to quickly and easily see the profit/loss per day in a % format. Or even weekly.

This statistic you can track yourself already. The one I ask for is impossible (ok nearly impossible, one could monitor all apps) to track yourself.

You can track yours yourself as well. I already do it. The amount fluctuates constantly, so you do it once per day. I figured we were just trying to lessen the burden on ourselves,

.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: ranlo on August 15, 2015, 04:51:02 PM

Quote from: TwinWinNerD on August 15, 2015, 04:29:18 PM

Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)

Even better would be some sort of table that just shows, for example:

08/15/15 | +2.93%
08/16/15 | -1.21%
08/17/15 | -0.39%

More or less, something to quickly and easily see the profit/loss per day in a % format. Or even weekly.

This statistic you can track yourself already. The one I ask for is impossible (ok nearly impossible, one could monitor all apps) to track yourself.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: TwinWinNerD on August 15, 2015, 04:29:18 PM

Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)

Even better would be some sort of table that just shows, for example:

08/15/15 | +2.93%
08/16/15 | -1.21%
08/17/15 | -0.39%

More or less, something to quickly and easily see the profit/loss per day in a % format. Or even weekly.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)

tommorisonwebdesign

sr. member

Activity: 448

Merit: 250

I have not heard of this wallet until now. It looks like a pretty interesting concept. I don't gamble that often but I do see it's advantages it would have for gamblers. Good product.

RHavar

legendary

Activity: 1463

Merit: 1886

Quote from: arallmuus on August 15, 2015, 02:38:54 PM

P.S : it seems MP is undergoing emergency maintenance currently, wonder what cause it?

All done. Just fixing a potential data-corruption issue. I just used "emergency" to differentiate it from planned maintenance. And wasn't sure if falling back onto our slave machines would end up resulting in down-time or not, but everything seems to have gone perfectly.

Topic: MoneyPot.com :: The bitcoin gambling wallet - page 40. (Read 77125 times)