roll higher than 50,05
and roll lower than 49,95
you have 50,06 and 49,94
How to verify bets?
What's max win?
What is house edge on bigger bets?
There is no 1.00. We're still fixing up the house edges. There might be slight discrepancies while still in Beta.
You can verify bets by clicking on the Bet ID. It will show you the result, provable fair outcome and all seeds used to arrive at said outcome.
I don't believe there's a max win. The site operates on a rolling house edge. If you end up betting higher, the site will adjust to allow the sharpest bet that we can fit through Moneypot's bet acceptance requirements based on Kelly criterion.
Meaning if you bet to win 1% of Moneypot's ~285BTC bankroll, 2.85 btc, the house edge would be roughly 1% + a small fraction to give investors a +EV bet.
Let me know if you need me to explain further. Thanks for your questions.
Edit; I believe the max win is directly related to Moneypot's bankroll. I'm not sure, but you might be able to bet 100BTC and have it pass through but it would mean that it would result in a ridiculous 45% house edge or something.
What about 0.00 and 100.00?
How can i manualy check provably fairness? Some guide would be nice.
Yes. 0.00 and 100.00 cannot be rolled.
Moneypot is in full control of the provable fairness. You can change client seed/salt hash on the provable fair icon on the site.
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Provable fair is explained in the bottom section but i'll post it here as well :
Provably fair is the verification process of encrypted hashes to ensure the players that the outcome of results used for Bitcoin Gaming purposes are legitimate and are exactly as they should be.
Each roll can be verified by the Server Seed (provided by Moneypot that randomly selects a random number between 0 and 2^32) that cannot be changed and a client seed with a salt value (that you can change through the provable fair icon) to compute the formula Outcome = (Client_seed + Secret [Server seed]) % 2^32.
All bets are automatically verified by Moneypot and can be viewed by simply clicking on the Bet ID number. If you have any questions or concerns, do not hesitate to ask in the main chat or email [email protected] for support.
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For more information on how Moneypot handles the Provable fairness please refer to https://www.moneypot.com/provably-fair
what about numbers from 0.00 - 1.00?