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Author Topic: MoneyPot.com :: The bitcoin gambling wallet  (Read 76767 times)
RHavar
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April 11, 2015, 02:33:37 AM
Last edit: November 24, 2015, 05:09:31 AM by RHavar
 #1

MoneyPot.com is currently up for auction: https://bitcointalk.org/index.php?topic=1249919.0
Note to players/casinos: Any change of ownership, or event that would have any impact or risks will be clearly announced significantly in advance.

Users balances, logs, ip addresses, deposit and withdrawal history will **NOT** be included in this sale



MoneyPot is a general-purpose, yet gambling oriented Bitcoin web-wallet that gives you control over the applications that have access to your balance. You can transfer your bitcoin between your MoneyPot wallet, apps, and your investment in the global bankroll. Our goal is to make this as simple as possible. When you want your money out of the pot, just send it to any bitcoin address so it's back in your pocket.

We're a fully incorporated company in Costa Rica  ( MoneyPot S.R.L. Company No. 3-102-700828)

Authorize Apps

Users get to authorize apps and then move money from their MoneyPot wallet into the app so they can spend it there:


For example: If you have 1 bitcoin (1,000,000 bits) in your MoneyPot account, you can deposit half of it into the DustDice app. Now, when you go to DustDice, DustDice only has access to half a bitcoin.

You can transfer bits between your MoneyPot wallet and individual apps at any time. When you're done with an app? Simply disable it.

Manage your money in one place

You can transfer your bitcoin between your MoneyPot wallet, apps, and your investment in the global bankroll. Our goal is to make this as simple as possible.

When you want your money out of the pot, just send it to any bitcoin address so it's back in your pocket.



Comprehensive balance history

Every time your balance changes for any reason, we create a history item so that you can audit exactly what happens to your money while it's under our control.



Send money

Your money is yours. As you'd expect, you can send from MoneyPot to any bitcoin address. But you can also send directly to other MoneyPot users without any fees.



Generate addresses

You can use MoneyPot as a general-purpose wallet without even using any apps.

For every address you generate, you can attach a private note to yourself for what it was for. You can also create "Cold" addresses which will be kept out of our hot wallet for your privacy. Perfect for receiving from places, that monitor your outgoing transactions (like coinbase)



Secure your account

You can enable and disable two-factor authentication as your please.

But we also keep track of every login attempt on your account, every active session, and the IP address of each session for your inspection.



Invest in our global bankroll




For more information, see: MoneyPot.com and checkout our faqs


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April 11, 2015, 03:27:00 AM
 #2

I'm loving the changes. Big fan of what you've done!

Founder: Incorporating Bitcoin. Bitrated user: subcypher.
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April 11, 2015, 03:30:34 AM
 #3

It looks pretty nice! If we had an account on moneypot.com, (now bustabit.com) prior to the existence of vault, does that account work for vault?
RHavar
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April 11, 2015, 03:40:00 AM
 #4

It looks pretty nice! If we had an account on moneypot.com, (now bustabit.com) prior to the existence of vault, does that account work for vault?

Unfortunately not. They're completely separate systems. They share no infrastructure in common. In the long term we hope to move bustabit.com to using the moneypot.com (vault) system, but due to a lot of the requirements of bustabit (load, latency, sensitivity) we decided to put it off until we have months of battle testing moneypot.com under our belts
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April 11, 2015, 03:49:33 AM
 #5

Very nice.  Loving the changes.   Site looks great.

PM me to rent my signature.
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April 11, 2015, 05:53:36 AM
 #6

bustabit.com and dustdice do need a separate registration?

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April 11, 2015, 05:55:24 AM
 #7

bustabit.com and dustdice do need a separate registration?

That's correct. Bustabit doesn't use MoneyPot (vault), while DustDice does (and thusly has none of it's own accounts).  Bustabit.com is 100% separate, running it's own infrastructure.
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April 11, 2015, 08:47:15 AM
 #8

This is amazing work as all time favorite gambling site. This is more cool and with high definition graphics just awesome. Now even more love it.
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April 11, 2015, 01:55:08 PM
 #9

how to invest in bakroll i did not see any option there?
RHavar
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April 11, 2015, 02:30:28 PM
 #10

how to invest in bakroll i did not see any option there?

It's on the tab bar for logged in users: https://www.moneypot.com/me/investment
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April 11, 2015, 02:43:53 PM
 #11

This is amazing of moneypot.com
Now the site can attract more people to gamble.

     

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arallmuus
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April 11, 2015, 02:57:11 PM
 #12

This is amazing work as all time favorite gambling site. This is more cool and with high definition graphics just awesome. Now even more love it.

Have you check on the site?I suppose no
if you pay attention and check on the site, moneypot.com is no longer a gambling sites, it is indeed the vault, a feature of bitcoin gambling wallet which allow an investment feature with much more safety precautions than directly investing in the site

This is amazing of moneypot.com
Now the site can attract more people to gamble.

For now, no, as There is only 1 sites that is connected to the vault (moneypot) which is dustdice. In the future it might be use more frequently as more sites are connected to the vault (moneypot)
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April 11, 2015, 03:10:59 PM
 #13

Love all the new features!!

Tested out new moneypot wallet and dustdice with no oproblems!!

keep up the great work

PotRipper
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April 11, 2015, 03:33:39 PM
 #14

It's a good idea, I don't think anybody thought about a gambler's wallet that lets you separate your funds. Good thing if you're an addict.
You should think of some ways to set up time locks preventing a losing gambler from draining his wallet Cheesy


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April 11, 2015, 03:42:45 PM
 #15

The faq does a good job explaining everything except how an investment is paid out, does it go in your balance?
How often? Assuming traffic picks up.

What section of the wallet will gains go too?

Please clarify this portion of the investor section when you get the chance.

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April 11, 2015, 04:00:04 PM
 #16

The faq does a good job explaining everything except how an investment is paid out, does it go in your balance?
How often? Assuming traffic picks up.

What section of the wallet will gains go too?

Please clarify this portion of the investor section when you get the chance.


You need to divest in order to get the money into your account, which you can do at anytime. Give it a try with a small amount, and see how the invest/divest system works. All investments are really just giving you a fixed percentage of the bankroll, which itself may go up or down.
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April 11, 2015, 04:37:48 PM
 #17

hi

very interesting project. chapeau and good luck

now to my question. in your FAQ is
How much do you charge?
Vault is 100% free, both for users and app developers. On all bets against our bankroll we do take a 50% share of all profit you make.


please try to answer ELI5

lets say I will offer a dice game (or any other game) on my website. Vault registered users will have the possibility to play at my site by sending coins to my site and back without any fee for me and the player?

I didnt understand how the provably fair will be handled? you will check it or offer it?

in case I will offer "investors" each bet will go against Vault investors? if yes..... Vault would set the maximum bet amount each time a new bet is done or will the max bet  always be the same?

could I hold bets with my bankroll up to a given risk amount and Vault the amount that will be above?

the 50% share of all profits Vault takes..........when will it be taken? each bet, each end of day? end of week or month?

thanks



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April 11, 2015, 05:29:25 PM
 #18

lets say I will offer a dice game (or any other game) on my website. Vault registered users will have the possibility to play at my site by sending coins to my site and back without any fee for me and the player?

Deposits are free for you, and users. Withdrawals have a nominal fee of 100 bits, to cover mining fees (and that might need to increase). If they already have a balance on their MoneyPot.com account, they can transfer back and forth to your app freely, without costs

Quote
I didnt understand how the provably fair will be handled? you will check it or offer it?
We offer it as a service. Using it is a prerequisite if you want to gamble against our bankroll, it allows us to make sure your not cheating. And it allows you to make sure we're not cheating you (or your players)

Quote
in case I will offer "investors" each bet will go against Vault investors? if yes..... Vault would set the maximum bet amount each time a new bet is done or will the max bet  always be the same?
The max bet changes depending on the type of the bet, and how much is invested. We allow people to freely invest and divest, so the max bet is continually changing (and hopefully increasing over time)


Quote
could I hold bets with my bankroll up to a given risk amount and Vault the amount that will be above?

Yes, that's perfectly fine, I have no issue with it. It will however add a lot of complexity to your app, that likely isn't worth it. But it's entirely your choice.

Quote
the 50% share of all profits Vault takes..........when will it be taken? each bet, each end of day? end of week or month?

Every bet. Let's say we make a profit of 100 bits, due to a bet you refer us (the difference between the odds offered to investors and gamblers) - we instantly credit your app with 50 bits, and us with 50 bits. As an app developer, using the betting API you never can lose money -- only be credited it.
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April 11, 2015, 05:40:57 PM
 #19

Its looking very good, is it safe ? I am not paranoiac but I do not want to lost my btc with this faucet.

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April 11, 2015, 05:44:53 PM
 #20



I didnt understand how the provably fair will be handled? you will check it or offer it?

We offer it as a service. Using it is a prerequisite if you want to gamble against our bankroll, it allows us to make sure your not cheating. And it allows you to make sure we're not cheating you (or your players)



thank you very much for the detailed answers. very much appreciated and well understood now. beside one Smiley

what do yםu mean with "we offer it as a service"? I sure don't want to cheat and don't want to be cheated. could you please explain a bit more regarding this service?
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