So it's been a while since either jackpot has been won... Which means that someone is due to hit them soon! So tough; I've been betting a decent amount the past couple days chasing these damn jackpots... And I feel like I'm close lol.
Good luck to whoever is after them, and congratulations (in advance) to whoever hits it!
I believe they're to the point where it's getting close to (if not already) +EV to bet when you take the JP into consideration. Would need to break it down and mathematize it to be sure though. It is not EV+ yet. In order to win 'Jackpot 1' we have to play 1,000,000 bets at 0.001 BTC and wager 1000 BTC in total and minimum house edge is 0.8% and expected loss would be 8BTC. For 'Jackpot 1' to be EV+ it has to be larger than 8BTC. Jackpot 2 will be EV+ when it reach 0.8+BTC. You have to combine them, though, not just take them as a one-off deal. Each bet has the chance to win one or the other. Not sure exactly how to break down that math though. If we bet 0.0001 per bet we have 1 in 1,000,000 chance to win Jackpot 2 0.43 BTC and 1 in 10,000,000 chance to win Jackpot 1 0.83 BTC and our expected loss after 1000 BTC wagered is 8BTC and we win JP1+JP2=1.26 BTCATM If we bet 0.001 we have 1 in 1,000,000 chance to hit both jackpots and expected loss is still 8BTC to be EV+ sum of both jackpots should be 8BTC. |
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Shills everywhere  This poll is useless and easy to win with little incentive. |
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Nice updates! Hope you go on main net soon. You listen to the players feedback and implemented auto-bet which is great. I played using it today and its pretty good I needed some time to get used to hooks and its commands |
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Your app is verified already, look at the post above yours.
I woner why they verified another 'Untitled Dice' fork.
A casino being verified doesn't mean that MoneyPot approves of or vouches for the game itself. It only means that the casino actually owns its claimed domain and isn't pretending to be another casino. They said few weeks ago that they will not verify apps which use basic 'Untitled Dice' script. |
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So it's been a while since either jackpot has been won... Which means that someone is due to hit them soon! So tough; I've been betting a decent amount the past couple days chasing these damn jackpots... And I feel like I'm close lol.
Good luck to whoever is after them, and congratulations (in advance) to whoever hits it!
I believe they're to the point where it's getting close to (if not already) +EV to bet when you take the JP into consideration. Would need to break it down and mathematize it to be sure though. It is not EV+ yet. In order to win 'Jackpot 1' we have to play 1,000,000 bets at 0.001 BTC and wager 1000 BTC in total and minimum house edge is 0.8% and expected loss would be 8BTC. For 'Jackpot 1' to be EV+ it has to be larger than 8BTC. Jackpot 2 will be EV+ when it reach 0.8+BTC. |
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HT: Sevilla 1 - 0 Juventus
FT: Sevilla 1 - 1 Juventus
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Hi,
First of all, you can't do any deposit. Just came and please play with faucet. I will develop that game on github. Just need some motivation.
If you want to help, update this topic too.
That's all.
You forgot link to the app. If it is BettorChain.com I am not impressed. |
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Hi, how can I verify my app?
BettorChain.com
Your app is verified already, look at the post above yours. I woner why they verified another 'Untitled Dice' fork. |
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I'm getting this error when trying to connect to the site.  I was able to log in a few hours ago. Any updates? It is problem on Moneypot side and they are currently fixing it. Socketpot is currently being fixed.
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Looks like Socketpot is down on most apps.  |
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Game is not bad, and i have question - where can find information about ranks?
- Adventurer 969 played, 20k credits+
Hey there, the rank is visible in your account after you log in with facebook. Stats for achievements are following: To achieve "Hero" rank you have to wager 1 BTC, and play 1000 games, and to achieve "Legendary" you have to wager 100 btc and play 20000 games. We are working on huge release with completely redesigned game, and huge functionality changes in user profile and feed, also very advanced and cool achievement/bonus system is coming soon! So stay tuned! Ok, thanks. And i have one problem? question? I send invite to 2 friends, he played normal - and i dont have any ref.. sometimes, i look and get 2 ref and only 2 bits for he... Today i invited one friends, he played - i dont have +1 ref Your refs have to wager at least 400 bits (1 bit in revenue) to show up in your dashboard. Don't worry they said its fully functional. |
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jackpot chance is adjusted, raw outcome must be 0 - 55,000 to win 1,000x your bet amount upto 20BTC!
You have to adjust it to the max win which is ~1% of the bankroll,trying to win more than 1% of bankroll will produce an error 'Possible Win Too High' |
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but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo
That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet. I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this Probability 0.00013504177331924438% translates to a chance to hit the JP 1 in 750 511 bets in average and JP payout is wager x 10 000 lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits equals 75 051 100 HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50) I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits but my average loss according to HE of 0.95% is 712 985 bits app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors thx for reading and trying to help me to find my wrong thinking edit Probability 0.00013504177331924438% translates to a chance to hit the JP 1 in 750 511 bets in average it should be 740 511 sorry for the typo Simple, the odds to hit a mine right a way with 1 mine on 25 blocks isn't 1/25 its between 1/25 and 1/26 So less chance to bormally win in exchange for the jackpot. This or you win a little bit less every click. where was my math wrong and can you do the same math your way so I see that it is a +EV JP for investors thx I explained you that it is not EV+ few posts above. You have to take both outcomes into consideration. Lets take for example this bet https://www.moneypot.com/bets/643897416 Expected Value after 740510 (1bit bets) for Minesweeper without Jackpot would be -17031 bits for the player (he of 2.32%) and add to it payout of 10000 bits (jackpot) at the end expected loss for the player is 7031 bits or 0.95% of total bet amount. Jackpot bet has a house edge of 98.86% without Minesweeper bet combined. sorry it looks that I did not understand your explanation. do you have it ELI5? I explained you that it is not EV+ what you mean with not +EV? for player or MP/Investors? my opinion is or was that it is not +EV for MP/Investors and MP/Investors should not accept it It is not EV+ for the player and is EV+ for MoneyPot investors. You have to calculate expected values for both outcomes one by one. If you play 740510 bets at 1bit it is expected for you to lose 7031 bit after winning jackpot. |
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More than 40BTC wagered the last hours for Top 3 Wager Contest! This is the reason why most people do not take part at all. Things change quickly as the deadline approaches. |
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but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo
That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet. I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this Probability 0.00013504177331924438% translates to a chance to hit the JP 1 in 750 511 bets in average and JP payout is wager x 10 000 lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits equals 75 051 100 HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50) I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits but my average loss according to HE of 0.95% is 712 985 bits app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors thx for reading and trying to help me to find my wrong thinking edit Probability 0.00013504177331924438% translates to a chance to hit the JP 1 in 750 511 bets in average it should be 740 511 sorry for the typo Simple, the odds to hit a mine right a way with 1 mine on 25 blocks isn't 1/25 its between 1/25 and 1/26 So less chance to bormally win in exchange for the jackpot. This or you win a little bit less every click. where was my math wrong and can you do the same math your way so I see that it is a +EV JP for investors thx I explained you that it is not EV+ few posts above. You have to take both outcomes into consideration. Lets take for example this bet https://www.moneypot.com/bets/643897416 Expected Value after 740510 (1bit bets) for Minesweeper without Jackpot would be -17031 bits for the player (he of 2.32%) and add to it payout of 10000 bits (jackpot) at the end expected loss for the player is 7031 bits or 0.95% of total bet amount. Jackpot bet has a house edge of 98.86% without Minesweeper bet combined. |
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After looking at your traffic estimation I am pretty sure you are rigging dice stats. Your API says ( https://www.betbtc.co/api/dice/stats) 84k BTC wagered and 927 BTC profit with only 3.5k monthly visits. You achieved this in far less time than Nitrogensports that have 199x higher traffic than BetBtc Our stats are not rigged. What makes you think we only have 3.5k monthly visits?  They are. I have pretty accurate source, prove me you have more. |
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but to me this Jackpot doesnt look +ev to me and MP shouldnt accept it imo
That doesn't make sense, as if it isn't +EV for the player, MP will accept it (unless the win is too high vs the edge). It is +EV for the investor, as the chance is so low, it has a very low expected value, and simply lowers the edge of the bet. I meant it is not +ev for the investors but maybe I am wrong cause I am not familiar with the sweeper game but JRoc confirmed that each click on a tile is an independent bet let me do the math (my math) and you tell me please what I missed here and hopefully I can learn something out of this Probability 0.00013504177331924438% translates to a chance to hit the JP 1 in 750 511 bets in average and JP payout is wager x 10 000 lets do a simple example and lets take a wager of 100 bits. I am the player and wager 750 511 times 100 bits equals 75 051 100 HE of 0.95% = leaves 712 985 bits for MP/Investors and app owner (they split 50/50) I will hit in average 1 in 750511 bets the JP and get 10 000 x 100 bits = 1 000 000 bits but my average loss according to HE of 0.95% is 712 985 bits app owner and MP/Investors split 712 985 bits = each side gets 356 492 bits but MP/Investors pay a JP of 1 000 000 bits and they only earned 356 492 bits what did I miss here cause as soon MP/Investors are paying the JP for me this is not +ev and should not be accepted by MP/Investors thx for reading and trying to help me to find my wrong thinking Lets take for example this bet https://www.moneypot.com/bets/643897416 Expected Value after 740510 (1bit bets) for Minesweeper without Jackpot would be -17031 bits for the player (he of 2.32%) and add to it payout of 10000 bits (jackpot) at the end expected loss for the player is 7031 bits or 0.95% of total bet amount. Jackpot bet has a house edge of 98.86% without Minesweeper bet combined. |
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