Big news! MoneyPot is now fully incorporated in Costa Rica!

Our largest ever win:

https://www.bustabit.com/game/1771047

by kingprawn winning 9.4 BTC profit on his 0.5 BTC bet, letting him cashout a net 6 BTC from this session, and a total of 25.8 bitcoin all together.


_{Sorry about the shameless shilling, just need to get some value for my money}

I'm not aware of a way that the server could undetectable cheat, but if you know of a way, I'd be very interested in hearing. And unless you can convince us there's a problem with the provably fair, the most you're going to do is convince us you got unlucky =)

MoneyPot holds other peoples money so it needs to be very pragmatic if bitcoin did ever fork. If it is not blindly obvious which side of the fork has overwhelming economic and mining support, we will just go on both sides of the fork with everyone simply have an independent balance in both <BTCxt and BTC>.

I however, don't think it's going to come to that. And if discussing my personal view, I think that bitcoin needs bigger blocks, but that bitcoin-xt is the wrong way to press the issue.

I think we've now grown to become the 2nd most popular (after primedice) bitcoin gambling game (at least those with public stats). We're holding a consistent average daily wager of ~650 BTC, which is pretty mind blowing =)

Thanks to everyone who plays here  

Regarding the investment lock feature. It's actually just a simple thing that disables the "Divest" function. It's just something really limited in scope, and has almost no impact on the rest of the system (while having "locked balances") would, even though I really do like the idea of it.


Down in profit, but up as in functioning.

Well, updated the homepage to not show the + on negative amounts ( and color it red ).  Really wasn't expecting to need that, again, but here we are, -8.3 BTC in investor profit.

The good news is, we got some pretty aggressive action by luthic, and what I can only assume was a great experience (lots of variance, a nice net win, and instant cashouts =). Now if only we had a 100 people betting like him to smooth over the variance =D

 If anyone wants the raw data of his massacre:

http://privatepaste.com/download/bc692f53a0

bet_id ; wager ; profit

I'll make some charts a bit later, but I'll go for a jog now to distract myself. Spent a third of the night hunched over my laptop (until it ran out of power) making sure everything checks out (which AFAICT it does, the maths seems fine and there's no evidence of any foul play)

---

And for full disclosure, I am the largest investor currently holding 33% of the bankroll (just refreshed the proof-of-liabilities too) so it was independent investors who bore the brunt of that. MoneyPot itself is running under no-commission until the investor profit reaches 50 BTC again (which looks like it could a long, bumpy road).  

Pleased to add roulett.oshi.xyz and sharp dice to our featured apps!

Big congratulations to luthic who put on a real show on DustDice with max-profit bets, ending the day with a total winnings of 21 bitcoins!

For Developers:  We have a new push server. This replaces the existing "a-chat-server" and contains many improvements, and extra features, such as deposit, withdrawal and bet notifications.

For people simply replace the chat server, the api is almost the same which will make updating extremely easy and give extra niceties like a improved moderation system and persistent chat.

Please read our blog for more information, and update at your earliest convenience

https://blog.moneypot.com/introducing-socketpot/

Yeah, it's a good idea and if I ever get the time this would be a nice addition to add a different type of lock that allows you to divest into a special "locked funds" section. Right now it's just an incredibly simple tool for people who want to lock themselves into an investment for X period. If it becomes popular with gambers/investors, I'll work on extending the functionality (I've already had requests for adding conditional unlocks, based on things like bankroll size and bitcoin price in USD) otherwise I'll keep it nice and simple =)

Thanks. And yes, you you can add more money during this time. We'll also change it so you can continually extend the divestment-lock time, but not shorten it.
 

Yeah, buziss is right. Definitely something wrong with that, that's the payout you should get for a 49.5% win chance bet, not a 33% win change.

Also if you bet 0.01 and your balance goes up by 0.01, it means you're getting a payout of 2-1 not 1-1. When dealing with payouts, you always lose your wager and then get the payout. So 3-1 means you should lose your bet amount (0.01) but then win (0.03), in other words see your net profit increase by 0.02

New Feature: Divestment Lockouts

Often people have given me money to hold, normally to prevent themselves from gambling. Well now we have an automated solution if you don't trust your future-self

On the investment tab, checkout our "Divestment Lockout" feature:



 

Wow, great to see a roulette site launch! Well done, it's looking very slick. There's a few little minor issues around the place, but I'd love to add this as a featured app.

Almighty is now up 20.7 BTC (from his low of -15 or so), and another new-comer is taking home some loot:



Been an incredibly rewarding month for players here!

Exactly right.

The leaderboard ranks are according to how much the person has won (but not loss), as it's an indicator of how long and how much you've played, as opposed to how lucky you've been.

Here's the full-on leaderboard: https://www.bustabit.com/leaderboard

or if you just want to see the people who've won the most net-profit: https://www.bustabit.com/leaderboard?by=net_desc

Congratulations to our latest winner from last night:



Quite the beginners luck

Yeah, it's on the todo-list to massively improve the investor displays. We have all the information there, it's just a question of nicely processing and displaying it.


Sorry, updated



They are generated on a per-roll basis. As in, each bet must be placed against a pre-generated server secret