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Topic: MoneyPot.com :: The bitcoin gambling wallet - page 9. (Read 77052 times)

sr. member
Activity: 336
Merit: 250
Good weekend for investors!

yeah it goes up from profit +140 to +181

the profit is from d0ctor account :

user jackie_chan it has profit -29,733,329 bits
user doct0r it has profit -55,009,999.25 bits

what a nice lose Cheesy
legendary
Activity: 930
Merit: 1010
Good weekend for investors!
member
Activity: 94
Merit: 12
What do the majority of moneypot sites use for a language?
legendary
Activity: 2557
Merit: 1886
If I may interrupt:

What programming knowledge is nececcasry to create a game for the site? What paradigm is most optimal for any game? Does/can the API communicate with a broad range of languages?

As long as it can make http/json requests, any programming language is fine. If it's browser-based, you're definitely best off using javascript or something that compiles to it =)
member
Activity: 94
Merit: 12
If I may interrupt:

What programming knowledge is nececcasry to create a game for the site? What paradigm is most optimal for any game? Does/can the API communicate with a broad range of languages?
legendary
Activity: 2557
Merit: 1886
Could someone explain how I could possibly lose my investment?

Really the only way sounds like a hacker or something right?

"The house always wins"

Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.

The house only "always" wins if people infinitely re-gamble all payouts they make. Eventually the house edge will whittle them down to nothing. This is a good enough approximation for a witty expression, but in reality there are a lot of other factors. People can win at the casino and stop playing, or they can win and go somewhere else. Or they can win, and you need to divest. Or they can win and your investment gets diluted so much it can't recover.
legendary
Activity: 1624
Merit: 1007
Could someone explain how I could possibly lose my investment?

Really the only way sounds like a hacker or something right?

"The house always wins"

Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.

Simple answer is, you wont loose long term. But this "long term profit" can start anywhere from a few days to 20 years due to variance.
Especially as the HE is not always 1% i believe it is much lower on some games.
legendary
Activity: 910
Merit: 1000
Could someone explain how I could possibly lose my investment?

Really the only way sounds like a hacker or something right?

"The house always wins"

Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.

You lose because someone else win from the house. Thats normal thing. How do you expect to win 100 % of the game? in long term you will eventually win but that does not mean you win all the time because there are variances

Very true. Also, don't forget that the investment and divestment of other investors will affect your stake %. So it is possible for you to have a loss when investor profit goes down, new investments come in and investor profit goes back up to the previous level.
legendary
Activity: 930
Merit: 1010
Could someone explain how I could possibly lose my investment?

Really the only way sounds like a hacker or something right?

"The house always wins"

Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.

Well.. short term can be a veeeeeeeeeeery long while.
hero member
Activity: 700
Merit: 500
morir es descansar
Could someone explain how I could possibly lose my investment?

Really the only way sounds like a hacker or something right?

"The house always wins"

Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.

Arent you tried to say was investor cheated by a hacker? Im not sure about it but i have invested some of my btc here and as of its getting good and you will see when someone qin from the house.
legendary
Activity: 1540
Merit: 1013
Could someone explain how I could possibly lose my investment?

Really the only way sounds like a hacker or something right?

"The house always wins"

Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.

You lose because someone else win from the house. Thats normal thing. How do you expect to win 100 % of the game? in long term you will eventually win but that does not mean you win all the time because there are variances
hero member
Activity: 532
Merit: 500
Could someone explain how I could possibly lose my investment?

Really the only way sounds like a hacker or something right?

"The house always wins"

Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.
legendary
Activity: 1904
Merit: 1011
All Games incl Racer and Lottery game are Closed
I like the forum idea, but the primary reason I took it down was that there's just not enough activity to warrant it. So it's conversation is probably better off here, or maybe forum.bitcoin.com


IMO all moneypot user are going to the moneypot site if they want to look for (new)game apps and there they see this featured apps corner that you established. they are also looking at their moneypot stats and stats of other user and more

the investors going to the moneypot site and checking the last standings of their investment or investing/divesting.

all this happens on the moneypot site so it seems to be only natural to have a forum on moneypot site where the app owner can present his app(s) and like a user here mentioned even investors could have their corner in this forum.

even you said you liked the idea (btw the idea is from my partner and mod toto) but if it is to much work then it is a different reason and we can't tell you to do it, we as app owner just suggesting it and would be glad if we would get it.



legendary
Activity: 2557
Merit: 1886
I like the forum idea, but the primary reason I took it down was that there's just not enough activity to warrant it. So it's conversation is probably better off here, or maybe forum.bitcoin.com


Just a heads up, I've deployed code that automatically disables the sessions of people grossly abusing the betting api (i.e. parallelizing api calls). It's quite lenient right now (only disables sessions of people who consistently paralleize request), but will get more strict as time comes.  I'll work on creating an acceptable use policy shortly, with some hard limits
hero member
Activity: 560
Merit: 500
Good idea unless we want to keep weeding through 300 piles of all these stupid sport prediction and why do you gambles posts. This subforum is a cesspool of spam and could benefit investors with something else.
sr. member
Activity: 581
Merit: 250
hi

after many hours of down time of this forum I thought I will ask moneypot/Ryan that it would be nice to implement a forum on the moneypot site.  I know there was a forum long ago on the site and it was spammed a lot and Ryan took it down

my idea is that each app owner if he wants can open his own thread where he could offer promos and discuss his games with moneypot users.

if it is not a good idea or not worth the work to implement it so lets forget it Smiley



I agree.

Also a specific thread/forum for investor/bankroll discussion.

legendary
Activity: 1904
Merit: 1011
All Games incl Racer and Lottery game are Closed
hi

after many hours of down time of this forum I thought I will ask moneypot/Ryan that it would be nice to implement a forum on the moneypot site.  I know there was a forum long ago on the site and it was spammed a lot and Ryan took it down

my idea is that each app owner if he wants can open his own thread where he could offer promos and discuss his games with moneypot users.

if it is not a good idea or not worth the work to implement it so lets forget it Smiley

legendary
Activity: 1974
Merit: 1007
So anyone who invested in MP when the profit at -70 has now made a nice amount of coins. Grin

I invested 1.36 BTC shortly before the doctors came to visit.

Now I have: 1,362,452.35 bits.

So I've recovered my losses, but not much more. My net profit is 0.18%.

Yeah, at least he lost the coins. There was a period where, for over 3 weeks, I was in the negatives (prior to that I was up like 20%). I'm positive all-around now though, Smiley.
legendary
Activity: 1876
Merit: 1308
Get your game girl
Who doesn't know money pot ? Cheesy You guys give the best service of cross authentication factor for any gambling website thereby conforming the legacy of the gambling website.This also makes sure we are not playing on a website which is most likely to scam us.I think all the bitcoin gambling websites should add your API as a method of authorization and main wallet .
hero member
Activity: 882
Merit: 1000
Exhausted
From a probabilistic point of view, martingale is a very bad way to play and it is most likely going to end badly.
With that in mind, I have invested 5 more bitcoin just now and is now patiently waiting for the long streaks to occur.  Cool

It does proceed in the way I expected, though it took a bit longer than I thought. 

So anyone who invested in MP when the profit at -70 has now made a nice amount of coins. Grin

I invested 1.36 BTC shortly before the doctors came to visit.

Now I have: 1,362,452.35 bits.

So I've recovered my losses, but not much more. My net profit is 0.18%.

I have done two more investment when the investor profit went down to ~100 btc and ~70 btc and divested as it went back up, and I have made slightly over 2%. Grin
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