knowhow
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October 12, 2015, 12:52:27 PM |
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Now i got all the main idea of the projec the money invested is used to pay users and others things ,and when the house wins they share their profit with the investors,and when no profit all loose,looks a company with some happy members its a risky project to run and support knowing that there is several gambling websites now.
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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October 12, 2015, 12:56:49 PM |
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Try +72 to -28. A drop of around 100 BTC. My own investment went from being +29% to -22% in two days.
i thought i have seen the extreme. cant believe you even encountered worth. still can rmb when was that? Ryan, could you add a plot of investor profit over time on the investment page. Not only it could tell us how good or bad MP has been doing, it could also give current and potential investors a better idea of the risk by showing them the crazy swings in the past. I've requested this in the past as well. Adding in a line for expected profit would be a plus, too (like Dooglus does).
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Jungian
Legendary
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Activity: 930
Merit: 1010
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October 12, 2015, 01:17:16 PM |
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Betterbets is by far the biggest and most ambitious project on the network. Anyone know if there is some competition for them coming up?
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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October 12, 2015, 01:19:06 PM |
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Betterbets is by far the biggest and most ambitious project on the network. Anyone know if there is some competition for them coming up?
Anyone can compete, . Though I don't know of anything that's even as remotely player-focused as they are.
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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October 12, 2015, 01:42:51 PM |
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Betterbets is by far the biggest and most ambitious project on the network. Anyone know if there is some competition for them coming up?
haha why do u say that they r the biggest and most ambitious???
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NLNico
Legendary
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Activity: 1876
Merit: 1295
DiceSites.com owner
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October 12, 2015, 01:46:09 PM |
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"on the network" = "on moneypot". According to the stats: http://dicesites.com/moneypot They have 10x more wagered than the second one (which isn't even a real site) and just much more activity than other MP sites. So yeh it's the biggest on MP
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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October 12, 2015, 05:01:39 PM |
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"on the network" = "on moneypot". According to the stats: http://dicesites.com/moneypot They have 10x more wagered than the second one (which isn't even a real site) and just much more activity than other MP sites. So yeh it's the biggest on MP yah that part i understand but why is it ambitious? like did they declare they wan to take over other casino or???
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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October 12, 2015, 05:08:18 PM |
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now moneypot is taking a big hit. my profit is dropping to just a margin gain. hope it wont go negative.
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Altcoin4life
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October 12, 2015, 06:25:24 PM |
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"on the network" = "on moneypot". According to the stats: http://dicesites.com/moneypot They have 10x more wagered than the second one (which isn't even a real site) and just much more activity than other MP sites. So yeh it's the biggest on MP yah that part i understand but why is it ambitious? like did they declare they wan to take over other casino or??? They have a great casino and full time experienced team and great to player's betterbets is good for the industry imo
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jonte
Member
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Activity: 88
Merit: 10
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October 12, 2015, 09:40:14 PM |
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Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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October 12, 2015, 09:52:37 PM |
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now moneypot is taking a big hit. my profit is dropping to just a margin gain. hope it wont go negative.
I'm negative again compared to where I was a few weeks ago, .
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hua_hui
Legendary
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Activity: 1386
Merit: 1016
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October 12, 2015, 10:39:40 PM |
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now moneypot is taking a big hit. my profit is dropping to just a margin gain. hope it wont go negative.
I'm negative again compared to where I was a few weeks ago, . Smae here too. when i check that time, it was still just a drop but now i am way deep in negative. So too bad, hope it will rise back soon.
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cryptosmoker
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October 12, 2015, 10:44:17 PM |
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Well this should help a little...
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hua_hui
Legendary
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Activity: 1386
Merit: 1016
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October 13, 2015, 12:06:04 AM |
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Well this should help a little... oh my, that is so unlocky. the amount of loss is so high even on 49.5% chances. hope you manage to win back at the end? did you??
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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October 13, 2015, 12:26:28 AM |
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Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch. Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.
Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition. Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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October 13, 2015, 01:01:55 AM |
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Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch. Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.
Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition. Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets. how well are these 2 site doing at the moment???
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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October 13, 2015, 01:44:04 AM |
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Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch. Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.
Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition. Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets. how well are these 2 site doing at the moment??? Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives. JD is up like 190% in a few months (I have about 3x starting amount). Neither of these are representative of the future and both fluctuate.
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Erza
Legendary
Offline
Activity: 1078
Merit: 1000
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October 13, 2015, 01:52:22 AM |
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Betterbets is by far the biggest and most ambitious project on the network. Anyone know if there is some competition for them coming up?
Yes may be they are a little bit ambitious, that is because of the monthly prizes is going up and up so they need more wagered to have better prize for each month so I think that is logic that they really ambitious for their site. Try join their thread to know better https://bitcointalk.org/index.php?topic=1065847.0
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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October 13, 2015, 02:10:38 AM |
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Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch. Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.
Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition. Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets. how well are these 2 site doing at the moment??? Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives. JD is up like 190% in a few months (I have about 3x starting amount). Neither of these are representative of the future and both fluctuate. understood. i am just looking to diversify my investment.
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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October 13, 2015, 02:39:34 AM |
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Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch. Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.
Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition. Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets. how well are these 2 site doing at the moment??? Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives. JD is up like 190% in a few months (I have about 3x starting amount). Neither of these are representative of the future and both fluctuate. understood. i am just looking to diversify my investment. Keep in mind you add another layer of risk when dealing with alts, as well, so be careful.
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