Bitcoin Forum

Oh wow so Moneypot is back! I used to pay there back in the day, welcome back. Lets see if this time goes any better, i hope it does. The site looks good, ill be sure to give it a try

^Yes this made me confused, I researched it in the forum which seems familiar with this name and you are right, they are here before and it was under the ownership of RHavar but he announced in this thread, https://bitcointalk.org/index.php?topic=1302623.0 that Moneypot.com was under new owners control in 2015. So my question is, is OP a new 3rd owner of this gambling casino?
But by the way, welcome back to the forum I think they are not new here, just follow the suggestion above for the marketing ads.

Oh wow so Moneypot is back! I used to pay there back in the day, welcome back. Lets see if this time goes any better, i hope it does. The site looks good, ill be sure to give it a try

^Yes this made me confused, I researched it in the forum which seems familiar with this name and you are right, they are here before and it was under the ownership of RHavar but he announced in this thread, https://bitcointalk.org/index.php?topic=1302623.0 that Moneypot.com was under new owners control in 2015. So my question is, is OP a new 3rd owner of this gambling casino?
But by the way, welcome back to the forum I think they are not new here, just follow the suggestion above for the marketing ads.

^Yes this made me confused, I researched it in the forum which seems familiar with this name and you are right, they are here before and it was under the ownership of RHavar but he announced in this thread, https://bitcointalk.org/index.php?topic=1302623.0 that Moneypot.com was under new owners control in 2015. So my question is, is OP a new 3rd owner of this gambling casino?
But by the way, welcome back to the forum I think they are not new here, just follow the suggestion above for the marketing ads.

Welcome here in the forum, the site is good and its good that you are able to get some source code from some gambling site. Get the copper member and try to have your highlights here. It’s better if you’ll just discuss this on our ANN thread and have a new one for the gambling section that talks more about the bonus, minimum and maximum, and the KYC details, this is the usual highlights of other site.

Right. With the amount of competition on this forum, if a casino wants to stand out, it must follow the steps described, otherwise it won't get anyone's attention. If it does things right, however, it can attract a lot of traffic, and proof of that is the number of casinos that advertise here for a long time. A little more effort in doing things right and an investment will return that investment multiplied in revenue terms.

Hi DoublerHunter,

The domain moneypot.com has quite a rich history, but just to be clear I purchased this domain and have no affiliation with previous owners. To my knowledge there's been 5 owners (me included) and has been used for various things. I bought this domain because it was originally used as the very original "crash" game, and when it had invented crash it used a "dynamic house edge" which is something I am hoping to re-popularize.

Thank you everybody else for all the feedback!

You are welcome to bitcointalk platform. You have a nice user interface coupled with the graphics. It is unique and special. I checked your terms of service and I did not see any thing minimum and maximum deposit and withdrawal does it mean one can deposit and withdraw as much as they want? and another is KYC I could not see any option for KYC on your terms and condition of service. Does it mean you are KYC free. I ask because it would not be making any sense that after one registers and possibly winning big and upon withdrawal, one is being asked for KYC which is not making any sense as it is misleading. You had better spell it out properly so as not to deceive members here.
Lastly do well to upgrade your account t a copper member so you could introduce your graphics properly.

Thank you! I won't be performing KYC verifications unless required by some government authority. I will make sure I make it clearer in the terms and conditions.

I'm happy to annnouce that I've just become a copper member. While I'm not new in the industry I am in this forum and wasn't aware of it.

Thank you! I won't be performing KYC verifications unless required by some government authority. I will make sure I make it clearer in the terms and conditions.

I'm happy to annnouce that I've just become a copper member. While I'm not new in the industry I am in this forum and wasn't aware of it.

Thank you! I won't be performing KYC verifications unless required by some government authority. I will make sure I make it clearer in the terms and conditions.

I'm happy to annnouce that I've just become a copper member. While I'm not new in the industry I am in this forum and wasn't aware of it.

I have not given it a trial before but what I will make you to understand is that before you give a trial you have to study the platform qnd and check if their package will be something that will be favourable to forum members, so I believe that this, Is what ever someone who to test them should do to avoid any future or further complain, many newbie who just registered recently will not know how credible the platform may be, what they base on is to patronize them from their recommendations

Hi DoublerHunter,

The domain moneypot.com has quite a rich history, but just to be clear I purchased this domain and have no affiliation with previous owners. To my knowledge there's been 5 owners (me included) and has been used for various things. I bought this domain because it was originally used as the very original "crash" game, and when it had invented crash it used a "dynamic house edge" which is something I am hoping to re-popularize.

Thank you everybody else for all the feedback!

Welcome to the forum MoneyPot. Just went through the site quickly and it seems you have simple UI which makes it easy to understand. I never knew that Bankroll concept works like this and I learnt it from the bankroll section on the site.

The rules are simple, you just stake your bitcoins and your profits are based on how much users profit or lose over the period of time. I tried the calculator to see how much I can earn from the bankroll and the numbers are just nice in terms of profitability.

I am not sure if someone has already tried this from the forum or not but would be great if someone just vouch this so that we can proceed safely. Good luck everyone.

Hi DoublerHunter,

The domain moneypot.com has quite a rich history, but just to be clear I purchased this domain and have no affiliation with previous owners. To my knowledge there's been 5 owners (me included) and has been used for various things. I bought this domain because it was originally used as the very original "crash" game, and when it had invented crash it used a "dynamic house edge" which is something I am hoping to re-popularize.

Thank you everybody else for all the feedback!

The site is relatively new here, so more than likely, players from here are just trying to play for now and not sending money to the bankroll.
But if they are true to their figures on their site, having about 37.5 BTC for a new site is not bad.
It means, they are attracting some investors here, though we don't know how much BTC the team put into their own vault.
For now, better observe how they are getting some online players as you can view the number on their site itself as well as their dashboard.

First of all welcome to bitcointalk, I do not say welcome back as you are not the old well-known moneypot. Secondly, as most other suggested above, having a proper and attractive ANN thread will be better. Third, once I visit your site and look at the landing page, I see you have a comparison between your site and others. In this comparison table, you stated that your max profit is 100BTC but after entering the game, I see different max profit information (1.87BTC only). Meanwhile, under your bankroll information, it is stated that your current bankroll is 37.5BTC. Dont you think that your max profit 1.87 is too much compared to your current bankroll?

Welcome back to the forum. I wonder why you still posted a new ANN thread where you have an old ANN thread from 2015. I know that this casino were sold and  transfered to you last 2015 as I saw from the link from the post above. Does your casino been sold again to the cureent management? Or the old owner from 2015 was still operating this casino? I'm a bit concerned with the transfer of ownership and it can be a alarming for some gambler since it can be retransfered again. Transfer of data can be concerning from some because multiple management can possibly handle your data.

Good to know. I was about to ask the same questions like the other guy. Do you have a bankroll and how much it is?

We are 16 blocks away from having our client seed. But it's getting late where I am, so I won't start it until tomorrow morning. I want to be around just to make sure everything goes smoothly :D

So, welcome back to the Bitcoin gaming scene.... seeing that you have been in here before, under previous ownership.  ;)

You say, "We dynamically adjust our house edge to be the lowest in the industry (by far)." ...so will the house edge be actively displayed, so that people will know what it is at any given time? Example : Every time it is adjusted, a real-time number will be displayed on the GUI for the players?

I can say that I have the lowest house edge, but it is only set at 0.1% for 20 minutes per day and players do not know when that is adjusted.  ::)

This "real-time" transparency are what are lacking in the online gambling industry. The casinos have a static display of the house edge on their site and people think it is not being manipulated during the day.  ::)

I'm actually still amazed people still want to go for crash games, but it does give me hope that dice and crash survive, and continue to remind us of how crypto brought some innovation to gambling.

Are there any jurisdictions banned from your site? Are you planning to create a list of restricted locations? Any worries about meeting AML standards, especially in the US and EU.
I'm asking because many sites started banning countries with strict gambling regulations in fear of being targeted.

Also, you claim that the bankroll is 37 BTC. Are there plans to make the blockchain address public for users to verify that, or should we take your word for it?

As of today, no. If things change I will make sure I let everybody know.


Making the deposit addresses or transactions public would be a violation of the inverstors' privacy, so I can't do that. But you don't really have to take my word for it. If MoneyPot doesn't have enough funds to backup what the bankroll shows, soon enough players will discover they can't withdraw their profits. And that would be the end of the casino  :'(

---

On another note, I've started the game a few minutes ago!

The interesting fact is that MoneyPot is going to run the crash game with a minimum of 0.1% house edge only. It may attract crash game lovers on MoneyPot. But at the same time, it will create negative impact on investors. Low house edge and small commission rate aren't going to be a good deal for the investors.

The key here is "with a minimum". We're hoping to attract both crash lovers like you said but also high rollers who want to enjoy higher bet limits. Say the bankroll has ₿ 2,000 and you want to place a ₿ 10 bet. A casino like bustabit will only allow you to take a max-profit of ₿ 20, but we can do ₿ 100. There's a price to pay, though. If that happens, our house edge will be bigger than 1%, because of the risk the casino is taking. In this scenario the whale is happy because other casinos don't even allow cashing out that much and investors are happy because the house edge is making up for the risk.

I believe MoneyPot could be even more attractive for many investors because we use half a Kelly to manage our bankroll. What that means is that they can expect way less volatility and almost the same expected growth compared to other casinos.

And a small commission rate is great for investors!, not the other way around. What it refers to is the percentage MoneyPot takes on the profits. So, with our current rate of 0.02%, our cut is negligible. Higher commission rates tend to disincentivize people from investing in the bankroll, but since our bankroll is still small that's not the case for us.

Totally just that a mimic of the site of Bustabit which everyone do knows about when it comes to crash game then nothing beats out its mother of all crash games.
I have checked out on their https://www.bustabit.com/license.txt but it seems that moneypot name isnt listed yet or its not really that updated.
Everything that had been listed are all crash game sites which there are lots. I dont know on how this new site would really be able to compete out on the current Bustabit
which had been always preferred by most people when it comes to crash.

When it comes on having that bankroll of 37 BTC? Which it is really indeed that huge i must say and its true that they might be able to hook up
investors but of course it would really be still needing to built up some trust here on the community before that happens.

Correction, it's 2.5%. I wouldn't call it negligible but it definitely is smaller than the competition's  ;D

Currently you provide crash game and you become the house, will you bring the old moneypot back in the future?
I mean, moneypot when it used to be a wallet as well as provide a bankroll where people can create their own gambling app in moneypot?

i believe what you need to focus on for now is how to get more players on board with your casino. how can you get some of those crash players from reputable casinos to try and take a chance on your site? you may have the lowest HE, but do you think high rollers will trust your site over their old casinos?
as a new player on this industry, you can attract them by running some contests, race or attractive rewards and perks. think of activities why people would talk about moneypot right now. and once you get their interest, think of how they would want to stay longer on your site.

Agreed, I don't expect high rollers to start playing in my casino right away. I'm exploring a couple ideas on how to get new players onboard, and I am always open to hearing new ones. So thank you for yours!

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

A casino like bustabit will only allow you to take a max-profit of ₿ 20, but we can do ₿ 100. There's a price to pay, though. If that happens, our house edge will be bigger than 1%, because of the risk the casino is taking.

Correction, it's 2.5%. I wouldn't call it negligible but it definitely is smaller than the competition's  ;D

<snip>

Welcome to the forum! I bet that your platform will be a good one. You could also improve your headstart by buying a copper membership. It'll help you better design this ANN thread.

I've read that you also accepting bankroll investments, do you have a page wherein we can read more details of it?

Creating a daily wagering contest with a good prize pool could be a good idea for the new platform. Because popular casinos are full of high rollers where average players have less chance to win the prize. So the competition on other platforms is like a race between high rollers vs high rollers. Most players look for a new platform where they may win some contest with less competition. If you create such contests, make sure you mention that when you run ads.

Friendly advice: Please do not post multiple posts in a row. It is now allowed.

I was playing there for a bit and the "busta" game works well but i feel like the site needs a bit more variety. Maybe even if the games added are maybe Dice and Mines. I think the variety is much needed and the tech needed for the other games should be very easy to replicate aswell.

At the same time, it will discourage the players to continue their betting activity at MoneyPot if the house edge spikes above 1% from 0.1%. Beside that the max-profit limit will decrease if the bankroll goes down for players big wins. Therefore, it will have negative impact from all aspects.

Bustabit has more than 71% commission rate at this moment. The commission 2.5% will come from the revenue, isn't it?

A Leo: I will tip 300 bits to the first 20 people who email me their username at admin@moneypot.com to get you started.

Welcome back, Moneypot. A few years ago, the site was popular among the masses. Do the same owners still operate the site? Or are you someone with fresh hands? The house edge looks promising and will surely attract more users to the site. Some images of the UI or from the site here in the ANN thread could have helped to make it look more interesting. Nevertheless, are players from all around the globe allowed to play on the site? Also, as the bankroll is publicly funded, what’s the current bankroll amount and max bet amount?

Oh wow so Moneypot is back! I used to pay there back in the day, welcome back. Lets see if this time goes any better, i hope it does. The site looks good, ill be sure to give it a try

Welcome back, Moneypot. A few years ago, the site was popular among the masses.

Do the same owners still operate the site? Or are you someone with fresh hands?

Nevertheless, are players from all around the globe allowed to play on the site? Also, as the bankroll is publicly funded, what’s the current bankroll amount and max bet amount?

The admin has made an offer to the 1st 20 people who take him up on it in the chat.


I just got my 300 bits, idk how many spots are left in their promotion but anyone interested can send an email and try the site out.

How often do you see such huge bets?

Beside that the max-profit limit will decrease if the bankroll goes down for players big wins. Therefore, it will have negative impact from all aspects.

^^ 2.5% is lower than competitors? I don't play crash but then it makes me wonder just how high it is elsewhere... maybe I'm "old-fashioned" but 1% standard set by crypto dice places seems to be the low benchmark -- given that licensed casinos do compete well these days for close to 1%.

That said, the high-roller limit will always appeal to the anon whale. I'll have to give this place a check another date not too far away. Been a while!

BTW, I had also tried to take the 300 bits offer early today. Unfortunately I was late, but the admin still credited 100 bits on my account. I made two withdrawals from MoneyPot, one of them was from the free bits and the other one was from my deposit. Both withdrawals were processed instantly. However, there is a little mistake in the password reset message.

We are delighted to see you here in the community, once again, welcome! I have visited your website, but I haven't registered with you yet. However, when I get the chance, I will enjoy playing with you. I tried to check different parts of the website, but I didn't find any available welcome offers. I believe that through promotional offers or launching a signature campaign here in the forum, it will help you attract many customers.

A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.

but if they do run their own sig campaign, they should not expect that gamblers will flock on their site. they may attract some but there's no guarantee that they will stay and deposit big. most of them are already patrons of reputable casinos in the forum, so playing on a new one is not really their inkling.

The house edge looks promising and will surely attract more users to the site. Some images of the UI or from the site here in the ANN thread could have helped to make it look more interesting. Nevertheless, are players from all around the globe allowed to play on the site? Also, as the bankroll is publicly funded, what’s the current bankroll amount and max bet amount?

The house edge looks promising and will surely attract more users to the site. Some images of the UI or from the site here in the ANN thread could have helped to make it look more interesting. Nevertheless, are players from all around the globe allowed to play on the site?

Also, as the bankroll is publicly funded, what’s the current bankroll amount and max bet amount?

I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?

If not, is there a reason the site started with the Estonian chat as first foreign language

A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.

Ah, so they are not really new in here? Cool but you're suggestion is great for them to gain exposure because not all users are visiting this section from time to time and then their ANN thread here might get buried because other ANN threads are much active. That is because they have a signature campaign which helps them a lot.

If they want to gain more exposure, they can add a bounty campaign as well on the side or just choose it more than the signature campaign that pays in BTC in order to save money. Besides, it still has a signature campaign included. They only need to hire a good manager so that the quality of the work is still there.

I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?
If not, is there a reason the site started with the Estonian chat as first foreign language

They will provide chat channels for gamblers in the platform for the languages that are there. The site is not attractive to some ways but the site frame work is simple. And the features are okay. And since there different languages they should create different channels for that so that gamblers can use it to chat among themselves, mostly those who can't use English fluently.

Nice to see your idea gaining some traction. Best of luck!

~snip~

I'm also happy to share with the community that in our first 12 days ~200,000 wagers have been placed, and a total of ~50 Bitcoin have been wagered.

I am just coming across this thread and also just learning about Moneypot, i have gone through the thread and I've seen how excited a lot of users here have been trying out the platform, and also to mention that in just 12 days of launching, that is less than 2 weeks, you guys has already achieved 200,000 wagers and a total of 50 bitcoin, this is really commendable to be honest, not every casino starts off with such a great achievement in their very beginning, so this is really something to be super excited about, and the fact that you guys have not even started any form of formal marketing is a testament of the fact that this is a great achievement.

Congratulations, I am looking forward to trying the platform as well, I will love to share in the experience of other users here  ;).

To uphold our commitment to fairness, we will not impose wagering requirements on our bonuses, promotions, or any other incentives we offer our players.

but if they do run their own sig campaign, they should not expect that gamblers will flock on their site. they may attract some but there's no guarantee that they will stay and deposit big. most of them are already patrons of reputable casinos in the forum, so playing on a new one is not really their inkling.
but if they can offer some rewards or competitive bonuses, some of them may stay and take advantage of their attractive perks.

Crash hunt competition in games and round sections would be an excellent addition. I am sure players would like to play in a casino with such a low house edge. This platform needs a little more exposure all over the forum and the internet as well.

-cut-
I acquired the source code from Daniel a couple months ago, after having helped with its development for several years.
-cut-

Domain:
provablyhonest.com
Registrar:
CloudFlare, Inc.
Registered On:
2023-05-23
Expires On:
2024-05-23
Updated On:
2023-05-23

Making the deposit addresses or transactions public would be a violation of the inverstors' privacy, so I can't do that. But you don't really have to take my word for it. If MoneyPot doesn't have enough funds to backup what the bankroll shows, soon enough players will discover they can't withdraw their profits. And that would be the end of the casino  :'(

until i see this message displayed I can invest without commission or is there the risk that it will become outdated ( the 3BTC quota has been reached and for some reason it is still there)?

It will bring losses to MoneyPot team if they still share commissions with the user while the 'investors profit' is down from the 'investors all time high profit'. Because, they have already given the commissions while the house was making profit. Moreover, MoneyPot bankroll is down 2.7+ Bitcoin now. They will start sharing the commissions again when the ATH profit of investors will be regained. MoneyPot has used the same concept of Bustabit here.

It will bring losses to MoneyPot team if they still share commissions with the user while the 'investors profit' is down from the 'investors all time high profit'. Because, they have already given the commissions while the house was making profit. Moreover, MoneyPot bankroll is down 2.7+ Bitcoin now. They will start sharing the commissions again when the ATH profit of investors will be regained. MoneyPot has used the same concept of Bustabit here.

That is the clarification required here right now. :-)
It seems the current negative investor profit is due to the heavy price drop of Bitcoin. Since all the investments and profit sharing happens in terms of Bitcoin then we can safely say that investors are temporarily in the loss and if they hold on to moneypot then there is chance they will come to the normal commission one more time.

I also have one question in terms of price change. If drop in the price can affect investments in negative ways then does it mean if reverse thing happens as if bitcoin price is rising a lot then would it give more commission in terms of Bitcoin? I just hope it should be the same case in both the ways.

What might the criterion be in dishing out bonuses as we all know, this is one of the most abused parts to promotion. To not have a criterion in place might lead to a rush towards exploitation. As much as the casino hopes to protect customers, what’s in place to avoid bonus exploitation as you ought to protect yourself from malicious acts from customers as well.

Nice to see Moneypot growing. I just checked the stats, and it's not bad for a new startup. 371 BTC was wagered already; unfortunately, the Investors' profit is -2.54 BTC already. I know that house always wins in the long run, but how long does it take to get back to the profit? Of course, Moneypot also needs more active players and some high rollers. 

Domain:
provablyhonest.com
Registrar:
CloudFlare, Inc.
Registered On:
2023-05-23
Expires On:
2024-05-23
Updated On:
2023-05-23

Am not sure the word "commission" written on the screenshot I posted is referred to what you are talking about ( the commission on the profits Moneypot takes whenever tatal bankroll exceeds the previous all-time high and corresponds to 60% of the difference between new ATH and old ATH) : as per my understanding that 3% written there is the "dilution fee" ( set up to incentivize long term investors and to reward earlier investors) that is deducted whenever someone invest into site bankroll.
Maybe using that same definition "commission" may induce in some misinterpretation.

And since you use a dynamic house edge, why advertise 0.1%? It won't be 0.1% anyway.

Is it possible that the house edge becomes higher than that of other crash game providers?

if I get them correctly, they launched just recently (just 12 days after the creation of your account here, likely just a coincidence) : are you affiliated in some way with their business? And are you aware of other gambling sites using their services?
Asking because not having am IT background am not able to properly read their API documentations by myself and am just trying to get a general idea.

Hi hopenotlate,

To answer your question directly, I am dealing with MoneyPot at arms-length. And there are other casinos who are testing out ProvablyHonest services, but likely will not launch with it for at least another 6 months.  ProvablyHonest has been in development for quite a long time, just the domain was to launch under was only recently resolved.


And to answer your question more practically: You should assume that MoneyPot and ProvablyHonest are the same entity and conspiring. You should assume we are have a strong relationship and abusing it. The entire system was actually built upon the premise:

MoneyPot should assume that ProvablyHonest and the player are conspiring. [So all outcomes it can verify itself, based on this]
Players should assume that MoneyPot and ProvablyHonest are conspiring.  [All provably fair guarantees remain!]
ProvablyHonest should assume that MoneyPot and players are conspiring [e.g. it's playing on it's own site]


Even under this "worst case" assumption, the guarantees are identical to any other provably fair casino.  But if the assumption is not correct, then there's additional security and verifications guarantees. But the really important point I want to stress is that there's no reason you should or need to believe they are separate entities.


FWIW the "additional guarantees" that ProvablyHonest offers are actually pretty minor in crash. ProvablyHonest works much better for an atomic game like "dice". Really the main winner here is actually just MoneyPot not needing to store a long-lived secret that if seen would compromise all future games and lead to the site easily be abused.

Thanks for chiming in. Your explanation about the "trilemma"  that the system you have set up solves makes completely sense.
May you please explain a bit more in details PH offer more guaranteee to dice game ( what do you mean by atomic?) than crash?

Is there a link to your open source code? Since you mentioned your crash game to be probably fair, I assume it's an open sourced crash game?

I'm thrilled to announce MoneyPot.com (https://moneypot.com), a Bitcoin crash game with the lowest house edge. What sets MoneyPot apart from other online casinos is that we start with a house edge of 0.1% and only increase it as little as necessary. We invite you to check out our

Your calculator isn't probably very accurate because as I increase the range, at some point it fails to show your and their statistics.
Your house edge looks really attractive not only for small betters but even for those who bet high because the house edge only grows when you really bet a lot and increase payout.

By the way, your website and the other two ones are looking very much alike. What about to change user interface? I don't know what others think but to my mind, it's not attractive and makes me wonder which website do I really visit. I mean, I think you need a brand identity and some visual uniqueness.

Can you clarify whether it's alright to create multiple accounts on your site without abusing any promotions etc?

I've signed up at Moneypot. I see not many crypto options to play with there. Will you be adding other cryptos to play in the future? to be honest I don't like playing with bitcoin, because it has to input a lot of 0, I prefer tron. Hopefully there will be tron ​​in the future.  ;)

Why would anyone need a multi account? Isn't it a common practice in gambling sites not to have multi account or your will be banned or lose your money with them?

Competition is always nice but I think it should be also available on the site. They can run special bitcointalk competition although I'm not sure if the interest will be good enough. As proven by many other competitions in this forum, the number of participants is not that big. We have so many active members in the gambling board but only few of them are real gamblers who will be willing to participate in such competition. On site promotions/competitions will be a better option to give something back to real players.

Competition is always nice but I think it should be also available on the site. They can run special bitcointalk competition although I'm not sure if the interest will be good enough. As proven by many other competitions in this forum, the number of participants is not that big. We have so many active members in the gambling board but only few of them are real gamblers who will be willing to participate in such competition. On site promotions/competitions will be a better option to give something back to real players.

Oh wow so Moneypot is back! I used to pay there back in the day, welcome back. Lets see if this time goes any better, i hope it does. The site looks good, ill be sure to give it a try

Well, Moneypot, you are always welcome here in the forum as long as you give happiness to everyone here. You can still give a variety of games to enjoy by the gamblers because of the features you have in your platform. But I just wondered, since this moneypot was founded in 2015, if it hadn't become too noisy here in the crypto industry. Though I never heard any issues about your platform,

Why did the moneypot come back just now? Is the competition fierce? Is it hard to keep up with the big and well-known crypto casino gambling industry?

As far as I saw, they are Bitcoin Crash site. So, I think expecting any other currency will be too ambitious expectation.

Even though they have a crash game only at this moment, they might add other games in the future. We don't know the possibility. But it will depend on user experience. Moneypot claims it's providing the lowest house edge Crash game at this moment.

Why would anyone need a multi account? Isn't it a common practice in gambling sites not to have multi account or your will be banned or lose your money with them?

They wont, or else there is no point on using that name. The name 'moneypot' is probably one of the trademark for crash game back then so if they want to add another game then its totally pointless.

Anyone that started gambling with bitcoin 5-10 years ago is pretty familiar with the name 'moneypot' and its an own brand for a simple crash game. Imagine checking in 'moneypot' only to find that there are slots or whatsoever in there, feels pretty weird

It is common practice in most sites, but some sites like Stake etc actually allow multiple accounts as long as they aren't abusing any promotions, bonuses etc which they can detect pretty easily.

There are several reasons why gamblers use multiple accounts in a legit manner(Different family members using same IP etc).

Now I am confused. I know that the moneypot I know had no crash game.
As far as I know and remember, Moneypot started as a crash game and then was used in a completely different way.

cheers

,

The domain moneypot.com has quite a rich history, but just to be clear I purchased this domain and have no affiliation with previous owners. To my knowledge there's been 5 owners (me included) and has been used for various things. I bought this domain because it was originally used as the very original "crash" game, and when it had invented crash it used a "dynamic house edge" which is something I am hoping to re-popularize.

Thank you everybody else for all the feedback!

Just checked your site out and I loved the overall design and UI. Am a big crash fan myself and the fact that you guys are offering your game with a 0.1% HE for the lowest multiplier is truly epic.

Can you clarify whether it's alright to create multiple accounts on your site without abusing any promotions etc?

It is stated in the help page already that this site is an exclusive bitcoin site so there will be no chance for players to see other payment method. This is exactly the same as bustabit, an old bitcoin crash site with no other payment method except bitcoin although they have been running for many years now. You are right that players should not expect to see other currencies here unless moneypot has a different plan in the future by expanding the services.

Edited out

If that's the case then nothing wrong with that situation but most of the casino avoid such risky possibilities that's why while its early they eliminate the usage of multiple accounts on their casino to avoid further more problems. Maybe for this situation they should ask first the casino representative if they allow this but for sure KYC will be ask for verification so that they would know that its fine and verified to them that you are not abusing their system.

Yeah, it's ok. You can create multiple accounts, although playing with more than one won't give you any advantage at all. But of course, using multiple accounts to abuse any promotion, bonus, etc., is not.

They wont, or else there is no point on using that name. The name 'moneypot' is probably one of the trademark for crash game back then so if they want to add another game then its totally pointless.

Anyone that started gambling with bitcoin 5-10 years ago is pretty familiar with the name 'moneypot' and its an own brand for a simple crash game. Imagine checking in 'moneypot' only to find that there are slots or whatsoever in there, feels pretty weird

I have a different point of view. Everyone doesn't really care about what is the name. For example, there are a couple of casino names with the word dice but it's not the only game they have. For example, Duckdice started as a dice casino but recently they have address sports betting as well. Windice also have a couple of other games. Crashino represent crash game yet they have 3rd part games and sportsbet as well.

It's true that the name of Moneypot is familiar for it's original crash game. But, I won't mind if they develop other games in the future. I don't think it will feel weird but I respect your opinion too :)

First of all, thank you all for the good wishes.

The reason you are seeing a max profit of 100BTC in the calculator is because it defaults to a bankroll of 2000BTC. You can actually change that value and see what the max profit would be for different bankroll sizes. For example, if you change it to 37BTC or 38BTC (around what MoneyPot currently has) you will see the max profit gets closer to what we have at the moment.

Do I think if its too much? That's actually a pretty good question! The short answer is no, because the Kelly criterion allows us to safely do so. In practice the max profit only gets hit when the casino is risking a considerable portion of its bankroll. But when that happens the house edge will increase too (even higher than the competition's 1%). A casino with a fixed house edge can't take that risk, because they don't adjust their house edge to make up for it. Have a look at our maths page (https://www.moneypot.com/maths), I did my best to explain how we calculate things.

Great to hear. Can I submit the same KYC in multiple accounts if required since I will be operating them all by myself?

Thank you! I won't be performing KYC verifications unless required by some government authority. I will make sure I make it clearer in the terms and conditions.

To ensure that no prohibited users are using the service, the operator may demand proof of age, citizenship and residence of any user at his own discretion. If the user does not provide adequate proof at the operator's request they may be barred from further using the service.

-snip-

Moreover, MoneyPot has followed the steps of Bustabit. So, they may follow the Bustabit KYC related requirements, which is limited to the age and citizenship verification. This verification can be done by submitting government issued ID or passport.

That's what I think too: when it says "proof" of age, residence and citizenship, it doesn't seem to be referring to a simple "statement" from the user, but documental evidence.

Nothing to blame specifically on them, as that seems to be the rule for most crypto casinos lately. As OP said, I hope they make it clear in their TOS.

KYC verification isn't required at MoneyPot at this moment. There is no promotion or bonus system at MoneyPot now which can be abused with multiple accounts. They only offer investment option, I believe people aren't going to create multiple account to invest on their bankroll. BTW, here is a reply of OP about the KYC related inquiry.


Moreover, MoneyPot has followed the steps of Bustabit. So, they may follow the Bustabit KYC related requirements, which is limited to the age and citizenship verification. This verification can be done by submitting government issued ID or passport.

The original moneypot game had an awesome, in my opinion, bonus feature awarding players cashing out later than others ( that bonus money were funded by crashing at 0x is I recall correctly): is there for which you didn't set this feature on tour site?

That's a very smart strategy indeed, usually players or traders following the Kelly criterion strategy play more money when they have an higher edge on their bet or trade but I had never heard of casinos applying this strategy against players before. It's something you've seen elsewhere or that you've invented yourself? I guess lay bettors at betting exchanges use a similar strategy by lowering odds when they want or need to increase the liability of one lay bet though.

To the best of my knowledge, no other casino is doing the same (or at least the way we do it), but I didn't come up with the idea of a dynamic house edge myself. I took inspiration from the "original MoneyPot"  :)

Well, I know bustabit offers the same as of this. I have played there too, long ago. I kept losing there lol no matter what my strategy was there. But in moneypot, I'm winning  :D Long live moneypot.

What Daniel has said before is that only a handful of players benefited from the bonus at the expense of all other players that ignored it. We haven't thought about bringing it back, but maybe some kind of bonus could work if it's the casino that pays for it.

I kept losing there lol no matter what my strategy was there. But in moneypot, I'm winning  :D Long live moneypot.

However, since this is an announcement thread which is supposed to be used to advertise your casino, I suggest you make it more attractive (an image says more than a thousand words), especially that you have already bought the copper membership.

The announcement post must be re-designed with a good graphics.

The Moneypot is managed by Royse777 who is professional and experience. He surely has good contacts with best designers in Bitcointalk and can help the Moneypot team to hire a good one to make a better announcement post.

Allow me to disagree with you on this : I think all the players undergo a certain house edge but some of them who play paying attention to other players' behaviour, might lower their house edge benefiting of the bonus feature; but maybe you can refute my assertion in a mathematical way considering your background.

Furthemore, from a "marketing" point of view, bonus feature can differentiate Moneypot from basically all their competitors and it also introduce a "social" aspect in the game due to the fact that one's winnings are in some way influenced by one's own behavior in relation to that of others.

I disagree. Their ANN looks completely fine and it outlines most of the important stuff accurately which is why it isn't necessary to dazzle it up. What matters more is how the actual site itself looks and performs.

Did you check their site out? Its design and UI look trendy overall and the performance is snappy.

It probably comes down to personal preference, but I think I agree with 3kpk3 here. I prefer text-only announcement threads, but can see why one with proper graphics could attract more players. I'm going to consider adding at least including a screenshot :)

It probably comes down to personal preference, but I think I agree with 3kpk3 here. I prefer text-only announcement threads, but can see why one with proper graphics could attract more players. I'm going to consider adding at least including a screenshot :)

https://www.talkimg.com/images/2023/08/31/M01cW.png

I visited the moneypot site about 4 days ago and I saw the number of members was around 1000, now there are more and more. It seems like moneypot users are increasing every day. Goodluck moneypot ;)

Regarding the ANN design, it seems that it is only to provide a first impression when reading the thread. I'm fine with a simple text ANN or using an attractive design. But what's more important is how OP is always active, answering and discussing in the thread. That is the most important thing and the reputation will be built from there, it is much more important than just the ANN design. I see the OP is very active in the discussion here, and that's a very good thing.

It's increasing every day thanks to good marketing campaign. You can see chat is pretty active, too!
Pretty good bankroll and wagered number as well. It's just keep better.

Users 1,245
Bets 1,182,985
Bankroll ₿ 41.19807689
Wagered 100 % ₿ 550.78579700

And in just one day the number of users continued to increase by 91 new users, even though the bankroll decreased a little, in my opinion it was a natural thing and I can still say that the overall bankroll is stable.

The bankroll of MoneyPot is fluctuating for the profits and losses of the users. Now the bankroll has decreased to 37.5 Bitcoin. Users betting activity is gradually increasing, but the house of MoneyPot can't generate profits with the wagering activity of the users. I'm wondering how long the house edge of MoneyPot will keep the users happy by staying in negative :D.

For those who have been asking, we have a promotion again! :)

MoneyPot.com - 20k satoshi giveaway (https://bitcointalk.org/index.php?topic=5467856)

For those who have been asking, we have a promotion again! :)

MoneyPot.com - 20k satoshi giveaway (https://bitcointalk.org/index.php?topic=5467856)

Thanks for this giveaway. I managed from 200 bits to 1000 bits and withdraw it instantly! I'll play again when I have free time and some extra cash. Everything went smoothly and withdrawals are quick, just need to confirm via email. Your website looks great but I hope your platform attracts more players soon because when I was playing there were only 3-5 players which made it less exciting.

Wow! It's back! I used to play moneypot loong time ago when i was still starting my crypto journey. I remember even investing into one of these crash sites and i could swear it was moneypot. Income wasn't as high as i got more by gambling with it so i kept gambling. At the time i thought there could be some sort of algorithm to beat the game, and since i was new i spend more time than i would like to admit to figure it out.

Then i obviously lost my bags to this devil of a game, and realised that it's by design that i can't beat house edge.

Nice to see this site back though. It brings nostagic memories.

It would be great if you could also run a contest like this one: https://bitcointalk.org/index.php?topic=5466369.0;all where the top multiplier wins the prize considering that your players have the balance to participate. There is a chance that some of the money will return to the bankroll and some players may win it.

I recommend this exclusively for Bitcointalk users.

Hi DoublerHunter,

The domain moneypot.com has quite a rich history, but just to be clear I purchased this domain and have no affiliation with previous owners. To my knowledge there's been 5 owners (me included) and has been used for various things. I bought this domain because it was originally used as the very original "crash" game, and when it had invented crash it used a "dynamic house edge" which is something I am hoping to re-popularize.

Thank you everybody else for all the feedback!

For those who have been asking, we have a promotion again! :)

MoneyPot.com - 20k satoshi giveaway (https://bitcointalk.org/index.php?topic=5467856)

this clears the confusion and i believe that since you are the newest owner
in which surely you already have the details about the experiences of the past owners so you
can bring more fun and of course advantage to both Owners and player , so you know how to
manage this site with gentle and touch for making it in top once again.
and yes i remember moneypot back in the days , and maybe will try playing crash again as I almost forgot that this use to be my original game.

Wow! It's back! I used to play moneypot loong time ago when i was still starting my crypto journey. I remember even investing into one of these crash sites and i could swear it was moneypot. Income wasn't as high as i got more by gambling with it so i kept gambling. At the time i thought there could be some sort of algorithm to beat the game, and since i was new i spend more time than i would like to admit to figure it out.

Then i obviously lost my bags to this devil of a game, and realised that it's by design that i can't beat house edge.

Nice to see this site back though. It brings nostagic memories.

WTF Moment  :'(

https://talkimg.com/images/2023/09/29/PswgW.jpeg

Actually this was last week but I just looked back in my gallery so I posted it. Actually, as far as I remember, I set a target of 100x, but because after 3 rounds I couldn't get it, I cut it faster. OMG... this is a very annoying moment

In general moneypot is very impressive, your site is very light so it is very easy to play using a laptop or mobile phone

Godjob moneypot

In general moneypot is very impressive, your site is very light so it is very easy to play using a laptop or mobile phone

Anyway, is there any on going promotion on the site except the free 20k satoshi? Something like wagering contest or other competitions?

I thank the moneypot casino for giving me a balance of 200 bits, I used this balance for my first experience at moneypot, this site is quite light and very practical, it only has 1 game, it would be better to add other light games like Dice

There are no competitions or bonuses on MoneyPot now. OP has a different view about the bonuses. And they think that (https://bitcointalk.org/index.php?topic=5459693.msg62782435#msg62782435) actual gambler play the games without focusing on the bonuses. MoneyPot 'investors profit' is still in negative direction. They won't be able to generate revenue like the other crash gambling sites as they have a lower house edge. Giving bonuses to users and running some contests could be costly for them. I think they will bring some promo or contest if there is a high demand from the regular players.

there are not too many players are playing at the same time and the other reason is that they are providing one game only so logically the server is not working that hard. Hopefully it will remain light in the future when they have like thousands players at the same time. I have not tried them yet since I'm not a fan of crash game.

There are no competitions or bonuses on MoneyPot now. OP has a different view about the bonuses. And they think that (https://bitcointalk.org/index.php?topic=5459693.msg62782435#msg62782435) actual gambler play the games without focusing on the bonuses. MoneyPot 'investors profit' is still in negative direction. They won't be able to generate revenue like the other crash gambling sites as they have a lower house edge. Giving bonuses to users and running some contests could be costly for them. I think they will bring some promo or contest if there is a high demand from the regular players.

-snip-
 OP has a different view about the bonuses. And they think that (https://bitcointalk.org/index.php?topic=5459693.msg62782435#msg62782435) actual gambler play the games without focusing on the bonuses.
-snip-

WTF Moment  :'(

https://talkimg.com/images/2023/09/29/PswgW.jpeg

Actually this was last week but I just looked back in my gallery so I posted it. Actually, as far as I remember, I set a target of 100x, but because after 3 rounds I couldn't get it, I cut it faster. OMG... this is a very annoying moment

In general moneypot is very impressive, your site is very light so it is very easy to play using a laptop or mobile phone

Godjob moneypot

Actually that conversation was about the bonus feature of old original Moneypot game ( that partuicular mechanism which rewarded players cashing out later thant the average of the round awarding an additional percentag to the multiplier reachd) and not on bonuses and promotion in general.

Thanks for the clarification. I hadn't played at the old MoneyPot casino. That's why I wasn't aware of their bonus system. Perhaps, this bonus system will be good for the MoneyPot crash game now as it has dynamic house edge. Now the house edge increases if players profit reaches near to the max profit limit. So, the increased HE will give some benefits to MoneyPot there if some player goes for a bigger multiplier with a decent bet amount.

Thanks for the clarification. I hadn't played at the old MoneyPot casino. That's why I wasn't aware of their bonus system. Perhaps, this bonus system will be good for the MoneyPot crash game now as it has dynamic house edge. Now the house edge increases if players profit reaches near to the max profit limit. So, the increased HE will give some benefits to MoneyPot there if some player goes for a bigger multiplier with a decent bet amount.

When moneypot increases it's house edge, it's only because we are forced to do so to compensate for the increased risk. Unfortunately, our margins are simply too small to be able to offer any bonuses

The dynamic house edge helps MoneyPot to keep the bankroll safe. Overall it has a little bit positive impact on the average HE, isn't it? Before editing the post, you had said (https://ninjastic.space/post/62952722) that "The house edge increasing doesn't benefit MoneyPot in any way, though."

However, I agree with the fact that it won't be possible for MoneyPot to give an attractive loyalty bonus feature for having the lowest house edge (small margins).

Actually that conversation was about the bonus feature of old original Moneypot game ( that partuicular mechanism which rewarded players cashing out later thant the average of the round awarding an additional percentag to the multiplier reachd) and not on bonuses and promotion in general.

My username is "boxxob". Could you lift the chat restriction on my account?

I also have some complaints. The login experience was pretty awful. What is the purpose of so many captchas? I am logging in with Tor Browser and there was first a captcha after entering password, then another captcha after entering 2FA and finally, there was link being sent to my email. I have 2FA enabled and believe it should be possible to login without email confirmation. Atleast make it an option to disable it.

I had fun playing here recently and will definitely continue playing here, but the biggest issue that I found is that you guys are only dealing with BTC without accepting other cryptocurrencies.

This is a major con. Crypto like LTC, Doge, XRP etc effectively minimise fees and transfer time to a large extent when compared to BTC.

Man there's situation like I have decided to go for 100x for the next 3 rounds but cashed around 10x while at the end, it hit more than 100x lol. It happens. I get tempted when see 10x lol.

I played on money, and it is a good platform for playing crash but there are very less users.

~snip~

Moneypot generate a new address after each deposit. However, you will still receive the balance by sending it to the old deposit address as it remains valid. This information is available on their deposit page. You may read about it here too: 'My deposit address changed (https://moneypot.com/help/deposit-address-changed)'.

You have to check your account balance to know about the deposits. They don't send any email notifications to the users for the deposits, and there is no option to enable the deposit notification on the account page.

Not sure if it is widely adopted or not, but I find Moneypot practice about deposits : truly effective in terms of guaranteeing privacy but at the same time quite practical

thanks to the fact that old deposit addresses are kept valid forever.

Old deposit addresses currently remain valid indefinitely. So, if you happen to reuse one by mistake, your deposit will still be credited to your account. However, we recommend always using a fresh deposit address for better privacy and because this policy might change in the future.

I just logged into my moneypot account and lost my password, can't I set the password manually?

I just logged into my moneypot account and lost my password, can't I set the password manually?

You have to start with customer support from Moneypot to recovery your password.

When you are able to access your account, you have to set up a new password and this time you must write it down, make a good backup of your password like yahoo said.

Your next password must be strong and randomly created.

As some of you might already know, MoneyPot was the first crash game in the industry. In 2014, when Ryan took over, he rebranded MoneyPot as bustabit. Subsequently, the moneypot.com domain was sold and eventually faded into obscurity. In MoneyPot's early days, the house edge was dynamic. That's our main differentiator, and since we're starting with crash, it only seemed right to acquire the domain. That said, we are in no way affiliated nor know the team that operated it after Ryan. Back to the good old days!

Welcome back!
Wasn't moneypot originally a company that was offering huge bankroll and API for people to create crypto games where they build new casino on your capital and share profit? I registered on bitcointalk in 2016 and I was actively checking crypto casinos at that time. I discovered moneypot around that time and I remember it as I described.
Btw progressive jackpot is very attractive but I think you should work on UI/UX design, it feels like good old days which is good but so many casinos have done improvement over time, I think you need too. This crash game become so popular around the world that it's amazing but I think other casinos took edge over you because they improved visual aspect and you need to improve it too. Your house edge system and max reward is unbeatable!

!!!WARNING!!! THIS SITE IS A SCAM. DO NOT TRUST. STICK TO BUSTABIT.COM OR OTHER TRUSTED, LISENCED SITES.

THIS WAS IN 3 FUCKING DAYS. DO NOT TRUST THIS SITE. GO TO BUSTABIT.COM, BC-GAME OR OTHER TRUSTED ONES. THIS SITE IS A FUCKING SCAM.

!!!WARNING!!! THIS SITE IS A SCAM. DO NOT TRUST. STICK TO BUSTABIT.COM OR OTHER TRUSTED, LISENCED SITES.

There are also other sites giving the same house edge, like Stake.com ...and they have way more active players.

There are also other sites giving the same house edge, like Stake.com ...and they have way more active players.

What can you offer us that will make your site.. stand out against the other sites?

Hi, I want to share some proposition with you but receive an error:

User 'leomedina' has not chosen to allow messages from newbies. You should post in their relevant thread to remind them to enable this setting.

Please let me know if you can change it,
Thanks

Released!
The blindmixer.com software was acquired from moneypot.com and will be used for a new bitcoin mixer!

@leomedina could you please clarify on this?

There is a mixer that voluntarily shutdown. It's known as Blindmixer but on their home page somewhere they say that and I quote this


Though we have not got any update here unless if I missed it. Do you guys intend on having a bitcoin mixer as well on your platform?

Do you guys intend on having a bitcoin mixer as well on your platform?

I'm sure it will be a very cool platform, I just registered and I'm going to try it.

Snipped

If I will view this as a general question applicable to all gambling site, I think it's not wise to incorporate a bitcoin mixer to a gambling site since gambling site are suppose to be regulated but mixers does not have a good impression on the regulators. It will only put the business at risk, so better separate if a gambling site intend to operate the kind of business.

People like you will always exist, but we may not really have to consider anything from someone like you as being important, even prominent Members of the forum can attestify to how moneypot has being so unique to use all their services for our best gambling experience, one bad egg of you among many other good ones could make no influence.

He's just a bad loser. Most of his accounts have actually been banned before, but he keeps pooping up with new accounts. He is a problem gambler who was banned from bustabit for sound reasons, but he keeps harassing the owners of the casino and making threats. So I am not surprised he is here too with his antics. Might as well report his new alt for evading forum ban.

If I will view this as a general question applicable to all gambling site, I think it's not wise to incorporate a bitcoin mixer to a gambling site since gambling site are suppose to be regulated but mixers does not have a good impression on the regulators. It will only put the business at risk, so better separate if a gambling site intend to operate the kind of business.

I wonder why you are not promoting properly on X/Twitter , the only social beside Bitcointalk displayed on your site, you are offering the lowest House Edge provably fair game out there ( at leat am not aware of a provably fair game with a lower HE than yours).
This is in my opinion a huge strength that you could take advantage of with little effort but I only see 8 followers to your twitter handle.
There are some cheap methods out there to increase your social visibility, thinking about stuff like Gleam, TaskOn and so on, or maybe you could do some twitter giveaways ( small amount work as well) with an autoraffle feature between followers/retweeters etc etc.

Strangely casinos and sportsbooks don't prioritize Twitter and social media platforms for promoting their websites. Even one of the most famous bookmaker, bet365 has 479.2K Followers on twitter. Their signature campaign has stopped on Bitcointalk too and that's strange.

To be fair, moneypot, bustabit and bustadice are a little bit strangely managed. They are like, let this website run and generate whatever profit it can on its own.

By the way , as far as I know bustabit/bustadice and moneypot are managed by different owners.

Their signature campaign has stopped on Bitcointalk too and that's strange. To be fair, moneypot, bustabit and bustadice are a little bit strangely managed. They are like, let this website run and generate whatever profit it can on its own.

I wonder why you are not promoting properly on X/Twitter , the only social beside Bitcointalk displayed on your site, you are offering the lowest House Edge provably fair game out there ( at leat am not aware of a provably fair game with a lower HE than yours).
This is in my opinion a huge strength that you could take advantage of with little effort but I only see 8 followers to your twitter handle.
There are some cheap methods out there to increase your social visibility, thinking about stuff like Gleam, TaskOn and so on, or maybe you could do some twitter giveaways ( small amount work as well) with an autoraffle feature between followers/retweeters etc etc.

Each betting sites have different marketing strategies. Some betting sites close their sig campaign here when they don't get enough revenue by running the campaign. A small number of casinos close it after getting the success. It isn’t strange to close the sig campaign. MoneyPot had already gotten the popularity when they closed their sig campaign here. But all these sites are running without any affiliate program, which is quite strange in my opinion.

I'd say it boils down to two things. First, as a small team, we have limited manpower. We have several things on our plate right now and diving deep into social media hasn't been our top priority.

Second, word-of-mouth seems to be working well for us so far. Maybe having a good product is a form of marketing in itself? If that's the case, then that's our current strategy.

That said, we're definitely keeping more giveaways/promotions in mind for the future.

A social media promotion works well when it is backed by the affiliates - like Leo said, it is not currently possible for them to pose such a referral program unlike other casinos. If it is working for them then I dont see any problem. They ran a signature campaign and I guess that helped build up some of the regular users there along with people who knew the brand moneypot previously.

They should follow the "dont change it if its not broken" method and if they see player numbers dip, they might restart the campaign or do something more.

Agree on basically almost everything you wrote but there is a substantial difference between a social media campaign and been active on social media :  having a twitter account with only 8 follower , last tweet made on August 2023 is a total waste of opportunity imo.

For example, I never used them but there are several AI tools, some even free, that help you generate contents and hashtag for a greater engagement,  some can also suggest the best timing to post and stuff like that.

How often do you increase the house edge ?
And do you inform the players when you increase it ?

They have e an innovative concept of dinamic house edge, at least it's the first time I heard of it : when you Place your bet usually the HE is 0.1% ( unless your bet size is significant compared to site bankroll), while the multiplier is rising and your possibile win become higher HE  is gradually increased according to a math formula that links HE to the amount of the bankroll Monepot is risking in that bet.
There is a useful tool on their landing page using which you can instantly ser, using a slide bar, how the  HE changes depending on bet amount.

thats interesting concept .

but i just foud something weird  in the Backtest i tested 100000 GAMES  the average house edge was over 1.2% for those 100000 games  even for multiplier as small as 1.01 . 

thats interesting concept .

The house edge set too low which is why MoneyPot can not offer lucrative affiliate program like others do. In one sense it's better for the players but in another sense they are missing out traffic which they could easily receive for free on their website if they would have an affiliate program.

I like the fact that Moneypot always wants to give as much as they can to their existing players.

MoneyPot just acquired Bustabit.  :o

Change in bustabit's ownership

bustabit has reached an agreement to be acquired by Leo Medina of MoneyPot and will change ownership on Monday, February 26, 15:00 UTC. Please see bustabit's bitcointalk.org thread for details or contact us if you have any questions.

If you wish to remain invested in the bankroll no action is required. However, if you do not wish to remain invested in bustabit's bankroll under its new ownership, please divest before that date on the bankroll management page.

Am really surprised by this change.

Come on Leo tell us more about your future plans.

The house edge set too low which is why MoneyPot can not offer lucrative affiliate program like others do. In one sense it's better for the players but in another sense they are missing out traffic which they could easily receive for free on their website if they would have an affiliate program.

I like the fact that Moneypot always wants to give as much as they can to their existing players.

We are acquiring bustabit (https://bustabit.com) and bustadice (https://bustadice.com) and in order to best focus our efforts MoneyPot will regrettably be closing down.

Effective Sunday, February 25th at 18:00 UTC, the game will be paused, deposits and investments will be disabled, and no new registrations will be accepted. After that date, players and investors will only be able to withdraw their funds.

The website and withdrawals will remain operational until June 1, 2024. Please withdraw all your funds by this date. Any remaining funds will only be retrievable for an additional year by contacting us via email.

It has been a fun journey and we thank everyone for being a part of the community.

Have you considered leaving moneypot up and running but for a different currency ( or more than one)?

My investment on Moneypot was a success, today I withdrew my original BTC that I invested at the start of this year with a good amount of interest, I just wish I had invested even earlier, because the bankroll was small my stake was large and thus the profits were also big.

It is a sad goodbye to this site, thanks for giving us investors a chance to make money. I will continue my investment on bustabit and see things through there.

Good to hear your Moneypot investiment had a good outcome: just had a quick look at both investiment pages ( MP and BaB) and I saw there is a huge difference in commission applied MP takes (better say took) a 0.2% while BaB a huge 84%     :o
As you seem to be quite deep into investment dynamics do you know the reason/logic behind that huge commission BaB takes from the net profit?

Ouch  :-\  It's a pity Moneypot will close down.

Seems like the domain Moneypot.com has a sort of curse, it seems that you can't launch a long-lasting and sustainable business on it : since I first saw it here on this forum it has changed hands like 5-6 times.
I thought this last time it would have been the right time due to the market leader house edge of the game but evidently I was wrong.

Have you considered leaving moneypot up and running but for a different currency ( or more than one)?

We are acquiring bustabit (https://bustabit.com) and bustadice (https://bustadice.com) and in order to best focus our efforts MoneyPot will regrettably be closing down.

Effective Sunday, February 25th at 18:00 UTC, the game will be paused, deposits and investments will be disabled, and no new registrations will be accepted. After that date, players and investors will only be able to withdraw their funds.

The website and withdrawals will remain operational until June 1, 2024. Please withdraw all your funds by this date. Any remaining funds will only be retrievable for an additional year by contacting us via email.

It has been a fun journey and we thank everyone for being a part of the community.

Good to hear your Moneypot investiment had a good outcome: just had a quick look at both investiment pages ( MP and BaB) and I saw there is a huge difference in commission applied MP takes (better say took) a 0.2% while BaB a huge 84%     :o
As you seem to be quite deep into investment dynamics do you know the reason/logic behind that huge commission BaB takes from the net profit?

This only applies when the bankroll's profit reaches an all time high. Then the commission rate is applied and the casino keeps that percentage of money for itself and the investors get the rest. I think the difference in percentages is because the total bankroll was much different on these two sites. MP bankroll was ~30BTC and BAB bankroll was around 1740BTC.

However I am not sure if this is the only reason, maybe @devans or @leomedina can give a more precise answer.

But moneypot is shutting down so these numbers dont mean much anymore. :'(

I'm thrilled to announce MoneyPot.com (https://moneypot.com), a Bitcoin crash game with the lowest house edge. What sets MoneyPot apart from other online casinos is that we start with a house edge of 0.1% and only increase it as little as necessary. We invite you to check out our manifesto (https://moneypot.com/manifesto) and our maths page (https://moneypot.com/maths) if you want to learn more.

Rock-solid source code

MoneyPot builds upon the code that powers bustabit (https://bustabit.com) and bustadice (https://bustadice.com). I acquired the source code from Daniel a couple months ago, after having helped with its development for several years. As a result, MoneyPot has all the features you already know and use:

• Instant deposits available
• Highly optimized withdrawal system
• Scripting support for custom strategies and bots
• Backtest strategies with simulated money
• Shiba the bot

Moving forward, my team and I will focus exclusively on MoneyPot. We have an exciting roadmap ahead and will be delivering updates over the coming months. Also, more games are coming in the future. Stay tuned!

Even higher bet limits

Awesome news! Looking forward to exploring MoneyPot.com. The low 0.1% house edge and features inherited from bustabit and bustadice sound promising. The higher bet limits and augmented provable fairness add to the appeal. Excited about the roadmap and new games. Cheers to the return of MoneyPot's origins!

Bet limits have been virtually eliminated as we use the Kelly criterion to determine the house edge in each game. However, to prevent excessive loss in a single round, we have set a limit on the amount a player can win in one game to 4% of the bankroll. Additionally, we have set a limit on the total amount of winnings per game to 5% of the bankroll. As a result, high rollers can make even larger bets, win more, and overall players will be forced to cash out even less often.

Augmented provable fairness

Provably Honest (https://provablyhonest.com) participates in our provably fair game result generation and maintains transactions records of our games. This offers much better guarantees to players and investors:

• The burden to validate games is no longer on the players. Provably Honest verifies all games on their behalf, without compromising their ability to independently validate them.
• We can't know future game results until the start of the game. This helps us have a more secure system, which indirectly helps our bankroll investors and players.

Please feel free to explore their API docs (https://provablyhonest.com/docs/api) to see how it works.

Investment system

MoneyPot's bankroll is publicly funded. The commission we receive will be calculated by converting the bankroll to special drawing rights (XDR) (https://en.wikipedia.org/wiki/Special_drawing_rights) using the average exchange rate of the past 180 days, then dividing the result by 30,000,000 XDR. Thanks to our adjusted probability scheme, MoneyPot can offer higher limits without the need for a larger bankroll.

To incentivize investors to participate in the bankroll, we are waiving all dilution fees until further notice.

Back to the origins

As some of you might already know, MoneyPot was the first crash game in the industry. In 2014, when Ryan took over, he rebranded MoneyPot as bustabit. Subsequently, the moneypot.com domain was sold and eventually faded into obscurity. In MoneyPot's early days, the house edge was dynamic. That's our main differentiator, and since we're starting with crash, it only seemed right to acquire the domain. That said, we are in no way affiliated nor know the team that operated it after Ryan. Back to the good old days!

This only applies when the bankroll's profit reaches an all time high. Then the commission rate is applied and the casino keeps that percentage of money for itself and the investors get the rest. I think the difference in percentages is because the total bankroll was much different on these two sites. MP bankroll was ~30BTC and BAB bankroll was around 1740BTC.

However I am not sure if this is the only reason, maybe @devans or @leomedina can give a more precise answer.

But moneypot is shutting down so these numbers dont mean much anymore. :'(