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Topic: MoneyPot.com :: The bitcoin gambling wallet - page 57. (Read 77137 times)

full member
Activity: 154
Merit: 100
That is not a new gambling site its a pritty old and intresting one...i love to play in it but never with huge amounts
legendary
Activity: 2940
Merit: 1333
After six months of hard work, we're happy to announce the launching of our new product: MoneyPot.com (code name Vault).

It's a general-purpose, yet gambling oriented Bitcoin web-wallet that gives you control over the applications that have access to your balance. You can transfer your bitcoin between your MoneyPot wallet, apps, and your investment in the global bankroll. Our goal is to make this as simple as possible. When you want your money out of the pot, just send it to any bitcoin address so it's back in your pocket.

As I understand it, one of the selling points of MoneyPot is that the gambling sites you deposit to using it never get access to the coins you deposit unless you lose them, and so players don't need to trust new gambling sites which use MoneyPot, they only need to trust you. As the player loses coins on a MoneyPot-linked gambling site the player's balance (at MoneyPot) is debited and the site's balance (at MoneyPot) is credited. To get their coins the gambling site requests a withdrawal from their MoneyPot account.

Did I get that right?
hero member
Activity: 882
Merit: 1000
Not really an issue, but it is a little bit strange to see you call it "the pre-alpha service" in the main page and put "BETA" next to your Vault logo.
legendary
Activity: 2562
Merit: 1414
Am I correct in surmising that Valut is a gambling e-wallet that right now can only be used with one site (dustdice)?

in short yes, moneypot.com ( the vault ) is gambling friendly online wallet which you can use to store some funds for gambling purposes, use some funds for investment feature in dustdice and also. But you can always send the funds to another sites, but for now if you wish to invest in dustdice, it will be through the vault
full member
Activity: 210
Merit: 103
Am I correct in surmising that Valut is a gambling e-wallet that right now can only be used with one site (dustdice)?
legendary
Activity: 1862
Merit: 1004
Well, I think it is good at what it claim to do - be a gambler's wallet. You just generally don't want use it as your primary wallet - ever. Online wallets are insecure, and even if they call themselves vaults it is still risky business to keep large amount of coins online.
legendary
Activity: 966
Merit: 1001
Its looking very good, is it safe ? I am not paranoiac but I do not want to lost my btc with this faucet.

It is not a faucet, but a web wallet.
Ryan seems to be a competent and nice person, but still I wouldn't suggest you to store too much fund on a web wallet unless you want to invest in Dustdice.
elm
legendary
Activity: 1050
Merit: 1000


I didnt understand how the provably fair will be handled? you will check it or offer it?

We offer it as a service. Using it is a prerequisite if you want to gamble against our bankroll, it allows us to make sure your not cheating. And it allows you to make sure we're not cheating you (or your players)



thank you very much for the detailed answers. very much appreciated and well understood now. beside one Smiley

what do yםu mean with "we offer it as a service"? I sure don't want to cheat and don't want to be cheated. could you please explain a bit more regarding this service?
full member
Activity: 140
Merit: 100
Its looking very good, is it safe ? I am not paranoiac but I do not want to lost my btc with this faucet.
elm
legendary
Activity: 1050
Merit: 1000
hi

very interesting project. chapeau and good luck

now to my question. in your FAQ is
How much do you charge?
Vault is 100% free, both for users and app developers. On all bets against our bankroll we do take a 50% share of all profit you make.


please try to answer ELI5

lets say I will offer a dice game (or any other game) on my website. Vault registered users will have the possibility to play at my site by sending coins to my site and back without any fee for me and the player?

I didnt understand how the provably fair will be handled? you will check it or offer it?

in case I will offer "investors" each bet will go against Vault investors? if yes..... Vault would set the maximum bet amount each time a new bet is done or will the max bet  always be the same?

could I hold bets with my bankroll up to a given risk amount and Vault the amount that will be above?

the 50% share of all profits Vault takes..........when will it be taken? each bet, each end of day? end of week or month?

thanks



hero member
Activity: 560
Merit: 500
The faq does a good job explaining everything except how an investment is paid out, does it go in your balance?
How often? Assuming traffic picks up.

What section of the wallet will gains go too?

Please clarify this portion of the investor section when you get the chance.
sr. member
Activity: 462
Merit: 251
It's a good idea, I don't think anybody thought about a gambler's wallet that lets you separate your funds. Good thing if you're an addict.
You should think of some ways to set up time locks preventing a losing gambler from draining his wallet Cheesy
member
Activity: 152
Merit: 10
Love all the new features!!

Tested out new moneypot wallet and dustdice with no oproblems!!

keep up the great work

PotRipper
legendary
Activity: 2562
Merit: 1414
This is amazing work as all time favorite gambling site. This is more cool and with high definition graphics just awesome. Now even more love it.

Have you check on the site?I suppose no
if you pay attention and check on the site, moneypot.com is no longer a gambling sites, it is indeed the vault, a feature of bitcoin gambling wallet which allow an investment feature with much more safety precautions than directly investing in the site

This is amazing of moneypot.com
Now the site can attract more people to gamble.

For now, no, as There is only 1 sites that is connected to the vault (moneypot) which is dustdice. In the future it might be use more frequently as more sites are connected to the vault (moneypot)
legendary
Activity: 1344
Merit: 1000
This is amazing of moneypot.com
Now the site can attract more people to gamble.
hero member
Activity: 658
Merit: 500
how to invest in bakroll i did not see any option there?
legendary
Activity: 1876
Merit: 1005
This is amazing work as all time favorite gambling site. This is more cool and with high definition graphics just awesome. Now even more love it.
full member
Activity: 140
Merit: 100
★777Coin.com★ Fun BTC Casino!
bustabit.com and dustdice do need a separate registration?
legendary
Activity: 2254
Merit: 1140
Very nice.  Loving the changes.   Site looks great.
legendary
Activity: 1064
Merit: 1000
It looks pretty nice! If we had an account on moneypot.com, (now bustabit.com) prior to the existence of vault, does that account work for vault?
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