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741  Economy / Collectibles / Re: [WTS] 10BTC Casascius Silver Round /w Gold B - MINT - MOST DESIRED COIN! on: November 22, 2016, 06:58:03 AM

Anyway, my offer of of 14.5 is retracted and my new offer is 11.5



Good luck with that.  Let me know if you find someone selling at 11.5   I would be happy to buy all the seller has to offer.
742  Economy / Collectibles / Re: [AUCTION] BTCC artistís proof One Bitcoin coins (five available) on: November 19, 2016, 10:14:39 PM
3@ 1.4
743  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: November 18, 2016, 12:20:26 AM
Thank you CrazyCraig for the answer.
Congrats for your website also.

Is it possible to have a more precise answer regarding the hot wallet? Any admin here?
If I have a siteweb at moneypot, my players will be able to wager a lot of bitcoins.
Thank you!

Why would you ask about the hot wallet?
To me, I would want to make sure there is NOT a lot of coins in a hot wallet to ensure that even if there is a hack (or even a cheat), that you don't have to worry about many coins being lost.
Personally, I would rather there be little to none in a hotwallet.  I would want to cause the pain of not being able to pull out a lot of coins (high roller or not) to ensure this type of security.
744  Economy / Collectibles / Re: [WTS] 10BTC Casascius Silver Round /w Gold B - MINT - MOST DESIRED COIN! on: November 16, 2016, 05:14:41 PM

Does that mean you're lowering the price?   Wink
745  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: November 14, 2016, 02:58:05 AM

Luckily it seems this didn't happen. Nobody won more than 20 BTC since the buggy limit was put in place. Some players will have been aiming to win more than 20 BTC though, and it's not clear how to refund them.

If I had bet 1 BTC aiming to win 100 BTC and missed, what refund am I due? If I had hit, I would only have won 20 BTC, or 20% of my intended jackpot. So perhaps the bet should only have cost me 20% of what I paid, and so I should get a 0.80 BTC refund. That seems clear enough. But what about for the custom bets. If I bet 1 BTC aiming to win either 10 BTC *or* 100 BTC and hit just the 10 BTC part, do I still get the 0.80 BTC refund? That part of the bet could only even have won 20% of the intended amount, but the other part won the full amount. It's kind of confusing to think about. I hope the MoneyPot guys work out a way of refunding people that's fair to both players and investors.

Why would they refund anyone that didn't win?  If they won, they would have been entitled to it since the bet was accepted.  And, they said they would have paid out.

Asking 'what if' is kind of pointless.
746  Economy / Collectibles / Re: [RARE] Six BTCC Artistís-Proof One Bitcoin Coins For Sale on: November 13, 2016, 05:18:45 PM
Well, no one can complain now.  It's been completely removed from the site. 
747  Economy / Collectibles / Re: [RARE] Six BTCC Artistís-Proof One Bitcoin Coins For Sale on: November 13, 2016, 03:50:08 AM
I managed to add this one to cart, but did not win it.

Well, get me one!
748  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: November 13, 2016, 03:14:10 AM
It's actually more related to the cost of doing business. If you have a table with a player that is starting out at a penny, you get, let's say 30 hands per hour on average. That's a $0.30 return, while you're paying someone $15/hr for doing that. There are a lot of overheads of casinos that online sites aren't faced with. Add in things like security, other personnel, rent, etc. and it goes up. They base the minimum bets around what is worth it to them: if it's not worth the time to do a $5 hand but it is worth it for $10, they will set the min at 10.

I don't agree.  Casinos have many tables.  They are all the same with players and dealers.   Some are $1-$500 limits while others are $5 - $1000 and up the chain.  Sure, if the casino is full and they want to pull more money in (over the long run), they will change the limits, but always keeping to the betting ranges.  As customers leave (for a show, eating, sleeping), they then start to drop table limits and/or simply shut tables down.

My point was not that they start at a penny.  It was that there are betting ranges to stop the bet doubles after a limited number of bets.  A casino has to keep the lights on (sure), and they don't want people coming in with $100k and nickle/diming them by bet doubling starting at $5. (14+ consecutive bets).

I am not suggesting MP make this type of change.  Also, MP is able to handle more than 30 hands per hour.  Smiley
749  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: November 13, 2016, 02:53:41 AM
If player wins after taking such big risk and he get only 20 BTC means then it is considered as cheating to players. If your giving back the people who lost more in a single bet then it is a good move.

Ummm, what 'big risk' did the player make?
Also, if the bet isn't accepted, then it isn't cheating.  (Even a real casino has table limits (min AND max).)
They said they were going back to cover the winning bets which won over the 20BTC max since the system actually took their bets.  This is completely fair to the players.  (Only an investor could have an issue with this since it was declared no bets would be taken if the win was potentially over 20BTC).


As a investor on many sites I disagree with these changes to protect investors although I understand why your taking these measures. Investors should only be risking what they can afford to lose no investment is promised to win and they should be aware of that. By limiting what the investors can lose your also taking away from the players who want to go big or go home. Sure they can go big still and lose the majority of time they try but I imagine some players want the investors to feel some pain, which makes it more enjoyable to the player. A kelly option would help both players and investors  in this case.

In a way, I agree with you.  I do believe the site should work along the same lines of a real casino in that there should be limits (mins and max).  Casinos don't have 1penny min while having a 1% of casino value max.  Casinos try to limit exposure to around 8 consecutive doubling bets.   It's unlikely to lose 8 bets in a row; however, it's very very unlikely to lose 16 consecutive bets in a row. 

A real person wouldn't gamble if they started at a penny minimum bet if they walked in with $10k.  That said, it's easier to play this way if you had bots doing it for you automatically (19 bets).  Vegas must have a reason for doing it this way.  Just a thought.

750  Economy / Collectibles / Re: [RARE] Six BTCC Artistís-Proof One Bitcoin Coins For Sale on: November 12, 2016, 09:05:32 PM
It's a real damn shame that USA can't buy them even though I believe it's USA people that buy the most.

Don't mind me.  I'm just disgruntled.

Edit:  Are forum members going to be able to buy if in the USA?  Meaning, is only the webstore limiting the sales to the rest of the world?
751  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: November 12, 2016, 06:31:15 PM
How did this bet got accepted? Bet of 50,000 bits attempted to win 500 bitcoins...
https://www.moneypot.com/bets/631806614

Oh wow that's me
My assumption is that it has to do with the chance to actually win lol
I think the max bet is HE * BR and 50k bits certainly is below that


sane people not want take your bet

a 0.00002384185791015625% winchance bet?
Pretty sure people accept those
also known as lotteries.

Well, not if you consider:

20 BTC Max win in a single bet cap will go live today.

If you could win more than 20BTC, it goes above the amount in the above statement.
Although the odds are very against you winning, it shouldn't have been accepted (as I understand it).

This was put into place probably specifically because of the 'Nottardy' win:
0.0000071711838245391846%  - 9bits to win 95BTC

So, even though your chance was only
0.00002384185791015625%  it would have basically bankrupt the site.

(Even a real casino will not bet The Casino on a single bet (no matter how low the risk).)

752  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: November 11, 2016, 01:33:39 AM
AFAIK that if you have 1000 btc to invest. I know that you will get a lot just from investment without doing anything. Moreover this is what you do in investment of gambling. But if you spend some on gambling too you might get something and get a lot too

Let say nottardy. He suddenly become a big whale after hitting thst big jackpot but do he come back? I dont see him around anymore, instead of coming back he makes a lot from yahoo apps so not all big whale will lose back from what they winning though

Just cause you have 1000BTC to 'invest' doesn't mean you should put it into a gambling site.
I still wonder why people think 'investment' means a guaranteed gain/profit.  Strange to see people put in 1BTC and wonder why they're haven't doubled their money in a week if not having doubled it instantly.

Nottardy was back today.  He only bet some, but did end up losing 1BTC back to MP in the end.

753  Economy / Services / Re: [ANN] BITCOIN.COM GAMES/NEWS - Signature Campaign on: November 07, 2016, 02:11:29 AM
Does one pay more than the other?

Is there any benefit to one or the other?

Does the games side require that I NOT be in the USA?
754  Economy / Collectibles / Re: [WTS] 10BTC Casascius Silver Round /w Gold B - MINT - MOST DESIRED COIN! on: November 07, 2016, 01:54:01 AM
But it is nice and graded so I'll offer 11.5 btc.

I'll buy the next 100 at that price (ya know, I have a budget to keep).  It's a sexy price.   Wink

Love the video.
755  Economy / Services / Re: [ANN] BITCOIN.COM GAMES/NEWS - Signature Campaign on: November 05, 2016, 08:20:58 PM
Submitting - 1MichaiL1SZsctjm4gwoSZEueCWN38i4RW
(News)
756  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: October 27, 2016, 08:44:24 PM
Congratulations notardy legendary player !
Won almost 100 btc in a week that woowww !

You mean over 100BTC in 8 hours.  And now back to try to repeat (currently being successful).
757  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: October 27, 2016, 05:47:07 AM
Maximum win is based on the house edge being played. JPR's app uses a 9.22% HE so it is eligible to obtain (under the previous rules) a much higher percentage of the BR than sites with, for example, a 1% HE.

In theory, the 9.22% HE means the house will win significantly more than is paid out still, but allows for much bigger swings/variance due to how much is being taken.

Thanks.
758  Economy / Auctions / Re: 2,400 1oz Silver Rounds for Auction on: October 27, 2016, 02:22:19 AM
Too bad pretty coins I would have wanted a roll of them.

I would offer escrow but I usually don't handle that much for escrow.

I do mostly under 2 or 3 k for escrow.

I don't believe escrow was the issue.

I did agree to pay in bitcoin so that escrow would be possible, but let's be honest, with the price of bitcoin over the last week, I am happy no agreement has been made. Smiley
759  Economy / Gambling / Re: 🌟🎲🌟 MoneyPot.com on: October 26, 2016, 04:22:09 PM
Sorry to drill on this.

I had the impression (thought I read it somewhere) that the max winning bet could only be 5% of the bankroll.
How did the winner get 95BTC since the bankroll was about 1000BTC?

Also, the above mentions 10% and 11% house edge.  Really that high?

760  Economy / Auctions / Re: 2,400 1oz Silver Rounds for Auction on: October 26, 2016, 04:06:09 PM
I was PMed asking if there was an update. This is what happened...

We spoke on the phone the next day. (20th?)
I increased my offer.
He said he would talk to his partner.

No communication since.
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