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Economy => Games and rounds => Topic started by: Dogedigital on April 03, 2016, 10:33:58 PM



Title: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Dogedigital on April 03, 2016, 10:33:58 PM
https://i.imgur.com/msqBJt1.gif
1) MonkeyYear 342,755 Bits
2) TTman 329,900 Bits
3) Yahoo: 245,105.02 Bits
4) J-ROC: 154,639.34 Bits
5) Guest : 5,026.77 Bits






Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: 155UE on April 04, 2016, 01:32:12 AM
is RBIES betting included or just the bitcoin bets since there are 2 APP that have rbies betting?


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: J_ROC on April 04, 2016, 05:33:28 AM
Probably wont be the highest but a good result with 80x on Bit-Exo, https://www.moneypot.com/bets/90781869 + 154K bits


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Nauro on April 04, 2016, 05:57:25 AM
bit confusing, it is highest odds or highest amount ?

** 514,899.48 Bits would now be the biggest payout.  Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.

because this line says amount and goal says multiplier


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: J_ROC on April 04, 2016, 06:57:21 AM
bit confusing, it is highest odds or highest amount ?

** 514,899.48 Bits would now be the biggest payout.  Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.

because this line says amount and goal says multiplier

Oh missed that part of the post, so i definitely don't qualify for it then, because even tho I used a higher multiplier the winning amount was less than the 514K


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: NLNico on April 04, 2016, 07:03:26 AM
"highest winning multiplier payout" (with at least 49x)

That 514K was just example, so J_ROC's bet is highest right now.

Sounds cool :) GL all


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: JackpotRacer on April 04, 2016, 09:07:27 AM
could you please clarify this sentence (even Nico explained it)

>>>Goal:
Have the highest winning multiplier payout for the week and post the bet id here!<<<



and now the following.....you ask for at least 100 bits bet to be eligible for a Prize and allow all Moneypot games including dice, plinko, and lottery

our Dust Lottery has 0.10 bits minimum bet and maximum 2 bits huh????
and we have the biggest multiplier :) actually you are allowing our Lottery game to be eligible for a Prize and the same time you are disqualifying our Moneypot app by asking minimum 100 bits bet

please explain because IMHO all Moneypot apps should be eligible for this contest

>>>Rules:
Must be at least 100 Bits minimum bet
Must be placed within the time period mentioned above
Must be at least a 49x Multiplier
All Moneypot games are eligible including dice, plinko, and lottery.<<<


another edit:
is Moneypot team/staff eligible to participate?
are Moneypot app owners eligible to participate?
as we all remember that last time I won the Prize many shouted that  cheated :)



edit:
Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO

what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest :(

(sorry for my bad english)


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Dogedigital on April 04, 2016, 12:52:13 PM
Probably wont be the highest but a good result with 80x on Bit-Exo, https://www.moneypot.com/bets/90781869 + 154K bits

Currently leading!  The one I posted was just an example and Moneypot staff members are not eligible to win.

bit confusing, it is highest odds or highest amount ?

** 514,899.48 Bits would now be the biggest payout.  Any amount higher won from a multiplier of 49x or higher would then be leading over top of it.

because this line says amount and goal says multiplier

It's highest amount but with at least a 49x multiplier.

is RBIES betting included or just the bitcoin bets since there are 2 APP that have rbies betting?

Rubies is not included in this weeks promotion.  It will be in future contests however.



Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: B_UN1T on April 04, 2016, 01:09:41 PM
To bad there is no bet history for each app. But we will see what happens the next few days;)


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: hopenotlate on April 04, 2016, 03:10:18 PM

Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO

what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest :(


Completely agree with these reliefs.

That minbet requirement is cutting out a good chunk of moneypot community, a day by day growing one (and I'm withnessing its quick growth since day 1) and sounds a bit discriminating to me.

Hope you will revise your decision on that minwagering requirement.


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Dogedigital on April 04, 2016, 04:05:34 PM

Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO

what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest :(


Completely agree with these reliefs.

That minbet requirement is cutting out a good chunk of moneypot community, a day by day growing one (and I'm withnessing its quick growth since day 1) and sounds a bit discriminating to me.

Hope you will revise your decision on that minwagering requirement.


All players are welcome and we will have many more contests later in the future to try and encompass all of Moneypot's players.

For what it's worth, all bets that are under 10 satoshi cost more in data processing than what their EV produces.  This is why the former owner, Ryan, previously had plans to increase the minimum bet and why we are currently reviewing what the minimum bet should be.

For dust lottery specifically, Moneypot runs an expense as the operation profit from that site is well in the negative.  

In this case, if we allowed the minimum bet to be 1 satoshi, it would encourage users to bombard the site with dust bets that have the possibility of slowing down the site or even bringing the site down, as well as make the cost of running more expensive to Moneypot.  

This is not fair to Moneypot as a whole.  The majority of Moneypot's Players, App owners and the owners themselves would be negatively affected.


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: BTCforJoe on April 04, 2016, 04:31:39 PM

Moneypot is not a casino it is a platform for casino games (correct me if I am wrong)
as Moneypot allows app owners a min bet of 1 Satoshi the min bet of a Promo given by Moneypot should be 1 Satoshi to be eligible for a prize
each casino/app owner who willdo same promo for example can set his min bet a she likes IMHO

what you are saying actually is that all players who are wagering < 10 000 Satoshi are not welcome at the Mpneypot contest :(


Completely agree with these reliefs.

That minbet requirement is cutting out a good chunk of moneypot community, a day by day growing one (and I'm withnessing its quick growth since day 1) and sounds a bit discriminating to me.

Hope you will revise your decision on that minwagering requirement.


All players are welcome and we will have many more contests later in the future to try and encompass all of Moneypot's players.

For what it's worth, all bets that are under 10 satoshi cost more in data processing than what their EV produces.  This is why the former owner, Ryan, previously had plans to increase the minimum bet and why we are currently reviewing what the minimum bet should be.

For dust lottery specifically, Moneypot runs an expense as the operation profit from that site is well in the negative. 

In this case, if we allowed the minimum bet to be 1 satoshi, it would encourage users to bombard the site with dust bets that have the possibility of slowing down the site or even bringing the site down, as well as make the cost of running more expensive to Moneypot. 

This is not fair to Moneypot as a whole.  The majority of Moneypot's Players, App owners and the owners themselves would be negatively affected.

https://i.imgur.com/WVr4eFX.png

The operation profit is only in the negative because a jackpot was recently hit. But in the end, you're saying that if all my bets on Dust Lottery were 10 satoshi, that all of my bets as displayed above were operating at a negative for MoneyPot? Not sure I understand where you're coming from here, but I do know that you sound pretentious as hell with your response. I understand that the goal of Moneypot is to make money, but maybe you don't understand that the potential to make more money with smaller bets than the whales you might find on other apps outside of Dust Lottery. I've lost way more in Dust Lottery than other apps I've used on Moneypot, but I find myself going back and continuing to spend on that site for the chance at winning the jackpot because... you know, that's what gambling is.

Your logic in this scenario dumbfounds me, regardless of whether it was in response to making a minimum bet for this contest lower or not...


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Dogedigital on April 04, 2016, 04:48:33 PM
^

Wins or losses on the app itself do not affect Moneypot's operational expenses.

The house bankroll is user invested, meaning Moneypot is unaffected by the house bankroll except for what it has invested into it.

We run a deficit because the bets that are being processed through our API cost us money in data processing charges.  The money we make (commission of the house edge) is taken from the total bet wagered on the app itself which is only 2.075btc over 7.6 Million bets and comes nowhere close to what we've paid for server charges.  With the added risk of memory being filled up and slowing down the site, we've made the executive decision to raise the minimum bet to 1 Bit (100 satoshi).

We value all our players, but from time to time we need to make decisions that benefit the greater good of everyone involved in the site.


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: AcoinL.L.C on April 04, 2016, 07:51:11 PM
https://www.moneypot.com/bets/91782710


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: joksim299 on April 04, 2016, 08:13:05 PM
^

Wins or losses on the app itself do not affect Moneypot's operational expenses.

The house bankroll is user invested, meaning Moneypot is unaffected by the house bankroll except for what it has invested into it.

We run a deficit because the bets that are being processed through our API cost us money in data processing charges.  The money we make (commission of the house edge) is taken from the total bet wagered on the app itself which is only 2.075btc over 7.6 Million bets and comes nowhere close to what we've paid for server charges.  With the added risk of memory being filled up and slowing down the site, we've made the executive decision to raise the minimum bet to 1 Bit (100 satoshi).

We value all our players, but from time to time we need to make decisions that benefit the greater good of everyone involved in the site.

Nice decision when will it be effective?
Dust bets just ruin user experience because you have to delay/slow down normal bets because of dust bets.


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: yahoo62278 on April 06, 2016, 07:06:10 AM
Lemme take over that top spot with my 80x multiplier win +245k bits

https://www.moneypot.com/bets/96147171


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: joksim299 on April 06, 2016, 12:28:31 PM
Lemme take over that top spot with my 80x multiplier win +245k bits

https://www.moneypot.com/bets/96147171

Nice win, It'll be hard to beat you


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: gordonhill on April 06, 2016, 02:08:26 PM
Lemme take over that top spot with my 80x multiplier win +245k bits

https://www.moneypot.com/bets/96147171

http://s21.postimg.org/g9lz3f7tz/king.png (http://postimage.org/)

 ●‿●


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: somuchee on April 06, 2016, 09:43:02 PM
user : ttman

https://www.moneypot.com/bets/97913078


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: J_ROC on April 06, 2016, 09:44:15 PM
user : ttman

https://www.moneypot.com/bets/97913078
Good job ttman!


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: hopenotlate on April 06, 2016, 09:53:34 PM
user : ttman

https://www.moneypot.com/bets/97913078
Good job ttman!

yeah good job for the awesome wining bet and thank you for your generosity in bit-exo chat:it's rained as hell there  ;D


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: yahoo62278 on April 06, 2016, 10:41:20 PM
Damn you ttman. Ill have to show you up now


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Guset on April 11, 2016, 09:22:03 AM
https://www.moneypot.com/bets/106756760


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Monkey2016 on April 11, 2016, 10:42:35 AM
https://www.moneypot.com/bets/108777357

General Info
 User: MonkeyYear
 App: BestLuck Dice
 Bet Kind: simple_dice
 Wager: 3,500 bits
 Profit: +342,755 bits


Thanks in advance. :)


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Dogedigital on April 11, 2016, 04:29:37 PM
Contest ends tonight.  One spot remaining.  At this point, even a .0001 bet with a 50x multiplier would grab a eligible Rubies prize.


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: JackpotRacer on April 11, 2016, 04:36:50 PM
Contest ends tonight.  One spot remaining.  At this point, even a .0000001 bet with a 50x multiplier would grab a eligible Rubies prize.

a .0000001 bet

this looks to me like a 10 Satoshi bet and we thought 100 bit is minimum bet for this contest. what did I miss here?




Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Dogedigital on April 11, 2016, 05:10:51 PM
Contest ends tonight.  One spot remaining.  At this point, even a .0000001 bet with a 50x multiplier would grab a eligible Rubies prize.

a .0000001 bet

this looks to me like a 10 Satoshi bet and we thought 100 bit is minimum bet for this contest. what did I miss here?




My mistake, I did it real quick and put a bunch of zeroes.  You are right. The minimum bet is 100 bits.


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Guset on April 11, 2016, 09:02:00 PM
Contest ends tonight.  One spot remaining.  At this point, even a .0000001 bet with a 50x multiplier would grab a eligible Rubies prize.

a .0000001 bet

this looks to me like a 10 Satoshi bet and we thought 100 bit is minimum bet for this contest. what did I miss here?




My mistake, I did it real quick and put a bunch of zeroes.  You are right. The minimum bet is 100 bits.

Why haven't my bet (the one posted on #23) taken the 5th spot?


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Dogedigital on April 12, 2016, 12:14:20 AM
Contest ends tonight.  One spot remaining.  At this point, even a .0000001 bet with a 50x multiplier would grab a eligible Rubies prize.

a .0000001 bet

this looks to me like a 10 Satoshi bet and we thought 100 bit is minimum bet for this contest. what did I miss here?




My mistake, I did it real quick and put a bunch of zeroes.  You are right. The minimum bet is 100 bits.

Why haven't my bet (the one posted on #23) taken the 5th spot?

I missed it. Added it now.


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: AFK on April 12, 2016, 04:01:42 AM
Let me in

https://www.moneypot.com/bets/110971536


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Dogedigital on April 12, 2016, 12:39:24 PM
Congratulations to MonkeyYear, who will find 100,000 Bits credited to his account for winning the Moneypot Multiplier contest.

For those placing 2-5, you have been sent a PM to collect your 100 Rubies Prize.

Thank you for all those that have participated!


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: Monkey2016 on April 12, 2016, 02:46:16 PM
Congratulations to MonkeyYear, who will find 100,000 Bits credited to his account for winning the Moneypot Multiplier contest.


Received the prize. Thanks again.


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: somuchee on April 12, 2016, 08:56:22 PM
Congratulations to MonkeyYear, who will find 100,000 Bits credited to his account for winning the Moneypot Multiplier contest.


Received the prize. Thanks again.
congrats MonkeyYear , well done  ;)
thx Moneypot for the contest .


Title: Re: Moneypot Multiplier Contest! 100,000 Bits First Prize. 4/4-4/11
Post by: joksim299 on April 12, 2016, 11:36:46 PM
This one was easy not many participants.
Congratulations Monkey Year, you nailed it.