Topic: [NEW] 🚀 Rocketpot.io | 2,500+ Games 🎰 | 10% Cashback 💰 - page 17. (Read 9636 times)

I think this is an honest straightforward venture that could become a popular website with a few tweaks to their business model.
In my dealings with them they have always kept their word regarding bonuses and other marketing promises, so that's fantastic.

If they reduce the commissions in the investment option, and enable people to bet with much lower amounts as the minimum bet size (as suggested many times I guess), the modified moon game with the jackpot model can really take off...

I agree with Betwrong. That's a good feature which makes the game more exciting. I like the possbility of cashing out the profit at any moment. I always prefer the websites that have this feature. But you are right that people mostly are playing for the jackpot and bet on specific little multipliers. 

Why do you need to have this options? And if they implemented it on the site what is the benefits? I do not think that it is really important to have this feature, the only aim we as players want to get is the jackpot. Not some little multiplier like this. More over if you have this feature implemented then it will be not as good as before. The adrenaline to win something here is missing

You are exactly correct.
If a player you referred would bet one whole BTC you would receive a commission of 0,001 BTC

But, there IS a jackpot, so why would they care if the people here are playing for jackpot only or not, they should not care about it, as long as people play here that is a fine reason to be existing for them, are they making a profit? Probably. That is the logic when running a business, you don't care WHY people prefer you, you care that they do, sure you can figure out the reason and then double down on it and get more people but at the end of the day you don't pivot your company when everything works properly.

I feel like they have found a niche where jackpot is the big deal instead of all the other websites where winning that round is a big deal, so they are working towards making sure that minimum bet stays and people bet all the time to get that jackpot.

As far as I know, the house edge is 1%. So the commission is 0.1% of total amounts of bets placed by gamblers that have been referred by a person. Am I right?

Super! So glad that this is now become available, there is nothing better than passive income

I'm happy to announce that the affiliate system is now live!

We currently offer 10% commission on the house edge.

To get your referral link simply sign up to Rocketpot then go to Menu -> Affiliate

Link: https://rocketpot.io/play/affiliate

True, the wagered amount is more important than the number of players who are playing but you need to see the fact here that those who are playing on the site are hunting for jackpot only. What do you think if there is no jackpot here? Will be there some people playing with that minimum bet daily? Also look at other facts that it is a crash game where it can have so high payout, with the current minimum bet of 25k satoshi and max winning amount per bet around 270mBTC, it means that the max payout would be around 1100x while there are many other sites has a huge record of payout on the same game.


Decreasing the minimum bet will bring more traffic, I'm sure about it since this site is attractive enough. They can reduce it a bit, no need to reduce it significantly. At least they can try it first and see what is the effect of it, if there is no significant improvement of the traffic after reducing the minimum bet then they may increase it again.

I decided to take a look at the website just now and noticed this:

ONLINE: 17
PLAYING: 11

What sort of traffic would you have been hoping to achieve after this stage after launching?

I agree with the above comment, just because one decreases the min bet amount may not necessarily bring more traffic, its more like a balance between customer quality vs quantity and in some casinos this balance can sometimes be tipped over one side more than the other.

Based on your opinion, it's better to increase the minimum bet to 1 mBtc.
Decreasing the bet amount can bring some new gamblers to the website. But it doesn't mean that those who have already joined the website will decrease the amount they bet on.
I just checked the website. There were 10 people betting. Only four gamblers were betting on 0.25 mBTC.

I think it is something they have probably discussed many times among themselves already, I mean it has been a topic of discussion here for a long long time so if they were to change it that would have happened already.

Considering the fact that they haven't for now means that they are still considering it but not for now, maybe in the future when they have a lot more customers they will do it but it would take a bit more time and a lot more users. Unless they become huge there is no reason to decrease it, if they do then they would start getting less wagered amounts from the same amount of people. Having 100 people betting on 25k is better than 150 people bet on 10k , so they need to calculate that a lot better and have a bigger user number to start.

We might experience some downtime because of performing updates and adding new features. We will keep you updated.

Hello,

I would like to know if we can have some data about operator profit it would add more transparancy cause currently i dont really understand how the website is profitable. (I m not talking about the bankrollers here)
Thanks

its rare to see gambling sites that offers fix minimum bets  .  before this idea was popular when crypto values are still little but now that crypto values are expensive , gambling sites are starting to lower thier minimum bets and remove the fix minimum bet feature  .

0.00025k sats is already huge to me because i usually bet 0.00001 and if im angry i can max out all that i got  . adding faucets is also recomended just to add fun in the game  and to keep us coming back .

I cannot understand why Rocketpot does not decrease the amount of minimum bet. It's in favor of gamblers and also Rocketpot.
If the minimum bet is lower, some new players will play in the website, then if they are interested they play with higher bets. Some cannot afford to bet 0.25 mBTC.

Again, it has been discussed many times previously. It is impossible to have faucet if the site do not reduce the minimum bet. Even 5000 satoshi faucet will be useless because the minimum bet is 25k satoshi.


Highest wager = highest chance to get the chance to spin the jackpot wheel. Payout does not affect the chance of spinning the jackpot wheel, no matter how much the payout you win but if your bet amount is low then your chance to spin the jackpot wheel is low as well.
I think you are referring to madjihad, how could you say that he got big jackpot while he is not getting any amount from the jackpot wheel on the screenshot you provided.
I believe you misunderstand how the jackpot works, so please read the post by hopenotlate above. He explain it clearly and I do not think it is difficult to understand.

I just checked Rocketpot for the first time, and here's my impression of it.

1. I think it's very important to have the option of cashing out earlier than the target, and it's good that this site has it. It's true that players rarely have the nerve to wait for a payout above 200x, and yet I think they should the ability of cashing out any time they want to.

2. The layout is eye-appealing and the musical score is unobtrusive, just as it should be.

3. I agree with posters above that a small faucet, even just 20 sats per 5 minutes, 10 claims per day, wouldn't hurt (of course, if you know a way of preventing abuse).

There is a lot of confusion about this Jackpot thing. Lets try to clarify everything.

Disclaimer : Italics fonts parts are copy/pasted from site FAQ


First of all lets keep these two parts separated to avoid any possible misundertanding

1) HOW IS THE JACKPOT TRIGGERED?

2) WHO SPINS THE JACKPOT WHEEL?


Let's talk about the Jackpots


The jackpot wheel is triggered when the multiplier reaches 50x (MINI), 250× (MAJOR) or 1,000× (MEGA). Immediately after the round ends, one lucky player is chosen to spin the jackpot wheel.
All the players who participated (bet) during the round get a chance to be selected to spin the wheel, regardless whether they cashed out or crashed.

Only specification I feel the need to do is the following: the bet amount of the single player has no impact on this part; the kind of Jackpot activated (mini/major/mega) only depends on game bust multiplier so forget the bet amount and forget your bet outcome (win or lose doesn't matter here).

Lets go for the second part. This is when the wagered amount is taken into account.


One player out of all the round participants is selected to spin the jackpot wheel. The players who make larger bets have a proportionally better chance to be selected. However, one single player can never have more than 90% chance to spin. The probability of being selected in any given round is displayed on the leaderboard.


Lets keep into consideration the example screenshot I just took off the game and do some math to make everything clear once for all.



 - as you can easily verify the total bet amount is (0.25+1.5+1.1+0.75+0.5+0.4+0.25+0.25+0.25)=5.25

 - dividing the bet amount of the player "whatever" by the total amount wagered and multipling it by 100 we get the percentage value of player "whatever" bet compared to the total amount betted (0.25/5.25)*100= 4,76xxx%
As you can see in the image above 4.76% corresponds exactly to the value displayed "Spin chance" columm for player "whatever".
So that percentage corresponds to the probability of being chosen as the player that spins the jackpot wheel (jackpot wheel determined as described in part 1) ) or at least is what site claims.

Repeat the calculation for every player participating in that round.

Hope this helps