Bitcoin Forum

Comment with your opinion of what percentage of profit share you believe would be fair.

475 BTC is _NOTHING_ for total wagered.  House EV would be 4.75BTC at 1% -- that's nothing.

What matters to your value is how many BTC you did last week and last month, not ever. 

Take investors, grow your reputation and your gaming turnover and then consider things like ICO (if you really want to).

The Site has been up for 45 days. That is 475 bitcoin in 45 days! Thank you for your feedback

What possible ICO on site with just 475 wagered bitcoin?! Big sites are wagering this amount daily. Some wales are wagering 500+ daily.

It's not just about wagering, it's about trust. You could easily wager it yourself to build a statistic.

No.

1) username helpmywallet
2) This:
 3) You don't sound professional, more like a gambler who needs money(IMHO)

Thank you for your opinion... I am not in need of money. That post was simply to contact players that wager large amounts on dice sites to get an idea of what perks and promos they prefer. There is nothing wrong with the way I run my site, I give away a percentage of the house edge earnings each week.

Thanks for your your feedback

In this case it is mostly about wagering because that is where the profits come from. Roughly .0016 out of 1 bitcoin wagered could be paid out as a dividend. It doesn't matter if it is me or Satoshi himself wagering the bitcoin 0.0016 would go to investors. Your logic doesn't seem to make sense to me, anyway this is just a topic to see if there is an interested... thank you for your opinion on the matter.

If you can develop some new game or can convert existing bitcoin games into smart contract and make it decentralized than people might get interested in investing in your ICO.

There were few ICO ran by some of the popular casino sites like bitdice and they also got good amount of funds but that is not only because of the  total amount wagered there its about the good trust they have and huge number of big players who used to play there regularly.  Success of casino is not always about total amount wagered in the platform, its about how much site is making and how many users are actively playing daily in platform.

will you go stand alone with your bank roll or stay with MP Bank Roll? how big is MP Bank Roll right now?

Did you wagered the most of represented amount yourself and asking people about ICO?! And it's plain MoneyPot site?

If you even had a 1% chance before, now this is a dead idea.

Thats's the point it's still new so I voted for no, can't trust a newly opened site that's only been operating for a month and a half.

Not sure if this is the correct amount or not because I can't see any information about investing within the site. MP's bankroll is sitting at 322 bitcoins. Source : dicesites (https://dicesites.com/moneypot)

hi

thx for the info

that is exactly what is strange that the Bank Roll is not seen on MP website. ( I could not find it there ) and also strange that MP does not have an open thread and it looks like that they are afraid from questions. maybe the OP will know

I will need to ask NLNico where he is taking the MP Bank Roll from because the 322 is IMO from long ago.

https://api.moneypot.com/v2/bankroll
322 btc as of now

thx for the info but I am still confused cause I see there

{"btc":{"balance":31540335314,"invested":32217480579,"wagered":10039104013217},"ltc":{"balance":3229564979,"invested":3098926216,"wagered":17903581540},"dash":{"balance":809965467,"invested":798926216,"wagered":44326214}}

"btc":{"balance":31540335314,"invested":32217480579,"wagered":10039104013217
Btc has an investment of 32217480579 satoshi

yes the investment was clear but the balance is not clear for me. 315 BTC profit or loss?

thx

It doesn't show the profit or loss, and tbh idk what the balance means either

You have a Moneypot app, not an established dice site.
How much of your traffic would stay, if you take away moneypot and the wagers you've placed yourself?
And there's your answer.

---

Speaking about moneypot and ICO's...well, I'll just leave this here (https://ico.moneypot.com/).

OP if you want to be an "Established Bitcoin Dice Site" make your own gambling site, and don't keep on relying on moneypot. You just relied on them to get your stats, but to be honest you don't have anything reliable so that people will believe your site. Don't even think of making an ICO, don't go over your head. It will not succeed. Like what Lutpin here posted, even moneypot (the very platform your gambling site is operating on) has failed in their ICO. So how do you know that you would have a better luck at it?

balance should be profit or loss and there is no minus before the balance number so it could be profit though IMO there is no profit for Investors for a long time.

edit

how much is LTC 3098926216 in BTC

I do not recommed you going with ICO. ICO is for launching a new innovative product, not for one that you already have working and that has other similar competitors.