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Altcoin4life
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April 19, 2015, 03:55:17 PM |
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it would be very interesting to see the hedge option in real time what I mean is how an OP can hedge a few high bets and hold the other bets himself.
If the casino is covering some bets itself and passing others to moneypot, doesn't that increase the potential for the casino cheating? Presumably there would be two sets of seeds (in-house, and moneypot) and the site gets to choose which set of seeds to use for each bet, giving them two chances to win each bet. I guess that could be counteracted by declaring up front "we will pass all bets with a potential profit of more than X to moneypot", but that's not ideal. Unless they are making it simple on themselves and just having devs deposit in MoneyPot to cover any change in the betting system. This isn't even a factor or issue then. |
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elm
Legendary
 Offline
Activity: 1050
Merit: 1000
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April 19, 2015, 06:06:55 PM |
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it would be very interesting to see the hedge option in real time what I mean is how an OP can hedge a few high bets and hold the other bets himself.
If the casino is covering some bets itself and passing others to moneypot, doesn't that increase the potential for the casino cheating? Presumably there would be two sets of seeds (in-house, and moneypot) and the site gets to choose which set of seeds to use for each bet, giving them two chances to win each bet. I understood that the hedge is actually a contrary bet that OP gets on his site. saying this would mean that the OP who is hedging the bet cant win all 2 bets. he will always win one bet and lose one bet or what did I miss here? thanks |
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RHavar (OP)
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Activity: 2557
Merit: 1886
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April 19, 2015, 09:51:19 PM
Last edit: April 19, 2015, 11:33:46 PM by RHavar |
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If the casino is covering some bets itself and passing others to moneypot, doesn't that increase the potential for the casino cheating?
Presumably there would be two sets of seeds (in-house, and moneypot) and the site gets to choose which set of seeds to use for each bet, giving them two chances to win each bet.
Another option: if a casino wanted to hedge some of their bets against MP they could *always* use our seeds. Only as an internal implementation detail decide how much of that risk themselves to take. That keeps things simple for the user as there is only a single seed to verify. In reality though, I think most casinos are much better off just placing all bets against MPs bankroll. It keeps things simple for everyone, and the sort of bets a casino would want to back themselves are already the most profitable ones using the MP system anyway. If the 50-50 profit split is too onerous and you're thinking of backing some of the bets, get in contact with me and I can move that split more in your favor (as I've already done for 1 new casino) |
Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of. |
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Altcoin4life
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April 19, 2015, 11:02:40 PM |
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If the casino is covering some bets itself and passing others to moneypot, doesn't that increase the potential for the casino cheating?
Presumably there would be two sets of seeds (in-house, and moneypot) and the site gets to choose which set of seeds to use for each bet, giving them two chances to win each bet.
Another option: if a casino wanted to hedge some of their bets against MP they could still *always* use seeds. Only as an internal implementation detail decide how much of that risk themselves to take. That keeps things simple for the user as there is only a single seed to verify. In reality though, I think most casinos are much better off just placing all bets against MPs bankroll. It keeps things simple for everyone, and the sort of bets a casino would want to back themselves are already the most profitable ones using the MP system anyway. If the 50-50 profit split is too onerous and you're thinking of backing some of the bets, get in contact with me and I can move that split more in your favor (as I've already done for 1 new casino) That makes sense looking forward to the future of this company. |
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RHavar (OP)
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Activity: 2557
Merit: 1886
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April 20, 2015, 08:16:22 PM |
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Big thanks to coinbuzz.com for their review: 9/10 |
Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of. |
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elm
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Activity: 1050
Merit: 1000
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April 21, 2015, 04:41:13 AM |
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how will we know which casino OPs work with MP? |
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BetterBets.io
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April 21, 2015, 04:59:27 AM |
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how will we know which casino OPs work with MP? Due to the nature of this system it will be clearly marked on each announcement/marketing thread that they are part of the Moneypot.com gaming service. We are looking forward to launching our games with this site early next month, get ready for a fun month of May! |
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Altcoin4life
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April 21, 2015, 05:14:50 AM |
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how will we know which casino OPs work with MP? Due to the nature of this system it will be clearly marked on each announcement/marketing thread that they are part of the Moneypot.com gaming service. We are looking forward to launching our games with this site early next month, get ready for a fun month of May! I look forward to it anything related to Ryan and moneypot has always been worth checking out. I knew this whole idea would take off after reading that guys post that explained this a page or 2 back. |
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shulio
Legendary
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Activity: 1540
Merit: 1016
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April 21, 2015, 06:22:39 AM |
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how will we know which casino OPs work with MP? Due to the nature of this system it will be clearly marked on each announcement/marketing thread that they are part of the Moneypot.com gaming service. We are looking forward to launching our games with this site early next month, get ready for a fun month of May! If your site is associated with moneypot then it is worth checking and deposit right away . Any reason why to wait for May instead of launching it right away? Does moneypot team need to do some checking before implementing a site into moneypot? |
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BetterBets.io
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April 21, 2015, 07:40:30 AM
Last edit: April 21, 2015, 06:25:16 PM by BetterBets.io |
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how will we know which casino OPs work with MP? Due to the nature of this system it will be clearly marked on each announcement/marketing thread that they are part of the Moneypot.com gaming service. We are looking forward to launching our games with this site early next month, get ready for a fun month of May! If your site is associated with moneypot then it is worth checking and deposit right away . Any reason why to wait for May instead of launching it right away? Does moneypot team need to do some checking before implementing a site into moneypot? Great questions, May is our target for launch due to the required testing of games and integration into Moneypot.com API and infrastructure. The BetterBets and Moneypot team are working closely to make this a great experience for everyone and this takes time to ensure high quality service for you all. I will say candidly it is a pleasure to work with Ryan and his team they are true professionals. Last post for my team for now, look for us on twitter and we will keep you updated until launch. https://twitter.com/Betterbets_io |
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AltcoinRambo
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April 21, 2015, 07:50:54 AM |
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how will we know which casino OPs work with MP? Due to the nature of this system it will be clearly marked on each announcement/marketing thread that they are part of the Moneypot.com gaming service. We are looking forward to launching our games with this site early next month, get ready for a fun month of May! If your site is associated with moneypot then it is worth checking and deposit right away . Any reason why to wait for May instead of launching it right away? Does moneypot team need to do some checking before implementing a site into moneypot? Great questions, May is our target for launch due to the required testing of games and integration into Moneypot.com API and infrastructure. The BetterBets and Moneypot team are working closely to make this a great experience for everyone and this takes time to ensure high quality service for you all. I will say candidly it is a pleasure to work with Ryan and his team they are true professionals. Last post for my team for now, look for us on twitter and we will keep you updated until launch. I hope that the time you allocated for testing will mean that you'll not just throw up a standard betting site you purchased from a 3rd party but actually do something original; that would be a most welcome addition to the BTC gambling scene. The integration with moneypot sounds interesting and promising. Good luck to you. |
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Enzyme
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April 21, 2015, 08:18:07 AM |
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This actually looks amazing.
Could you provide a list of websites using this system?
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arallmuus
Legendary
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Activity: 2534
Merit: 1404
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April 21, 2015, 10:00:11 AM |
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This actually looks amazing.
Could you provide a list of websites using this system?
For now it is only dustdice.com, which is the same team as moneypot.com and there will be betterbets.io which you can see above your posts Many will still come using this system, to keep track on it, you can simply login to moneypot.com to check |
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adaseb
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Activity: 3752
Merit: 1710
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April 21, 2015, 10:28:08 AM |
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I actually came into this thread because I read that article. Congrats on the high rating. |
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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April 21, 2015, 10:40:11 AM |
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how will we know which casino OPs work with MP? Due to the nature of this system it will be clearly marked on each announcement/marketing thread that they are part of the Moneypot.com gaming service. We are looking forward to launching our games with this site early next month, get ready for a fun month of May! If your site is associated with moneypot then it is worth checking and deposit right away . Any reason why to wait for May instead of launching it right away? Does moneypot team need to do some checking before implementing a site into moneypot? Great questions, May is our target for launch due to the required testing of games and integration into Moneypot.com API and infrastructure. The BetterBets and Moneypot team are working closely to make this a great experience for everyone and this takes time to ensure high quality service for you all. I will say candidly it is a pleasure to work with Ryan and his team they are true professionals. Last post for my team for now, look for us on twitter and we will keep you updated until launch. I see, so the moneypot's team will be ensuring that the game goes at the highest possible quality as well . Well no one can check on you on twitter if you havent put your username to search. You can create a thread here with the title of comming soon perhaps with teaser picture as well , goodluck ! |
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RHavar (OP)
Legendary
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Activity: 2557
Merit: 1886
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April 30, 2015, 07:17:57 PM |
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MoneyPot homepage has undergone a bit of a facelift, to better explain how it works =)
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Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of. |
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LFC_Bitcoin
Legendary
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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April 30, 2015, 09:00:13 PM |
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Awesome guys.
Just going to take a look at this properly in a bit.
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BTCballa
Member
Offline
Activity: 152
Merit: 10
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April 30, 2015, 10:34:46 PM |
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Cant wait for more games to come up on here, if they are as innovative as the visual dust-dice it should be fun
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Altcoin4life
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May 02, 2015, 04:58:11 AM |
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Cant wait for more games to come up on here, if they are as innovative as the visual dust-dice it should be fun
Same here I'm following betterbets on twitter looks like we get to play their games mid month. From the screen shots I saw it looks solid. |
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BetterBets.io
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May 08, 2015, 01:36:41 AM |
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Cant wait for more games to come up on here, if they are as innovative as the visual dust-dice it should be fun
Same here I'm following betterbets on twitter looks like we get to play their games mid month. From the screen shots I saw it looks solid. Yes you are correct, here is a teaser: https://twitter.com/Betterbets_io/status/596460116796379137 and our countdown on the web site has started! Everyone who is looking for a great Casino that you can trust from the start with some radical but game changing concepts for players, come follow us on social media. Submit your email for announcements,giveaways, and promotions. I don't want to give much away yet but we will have two games at launch with more to follow throughout the months. Our team is so excited for everyone to enjoy BetterBets.io Casino it was and will be player focused and driven. We will have our own thread at launch next week, you guys and gals are going to love it  |
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