actmyname
Copper Member
Legendary
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Activity: 2562
Merit: 2504
Spear the bees
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November 01, 2015, 08:28:11 PM |
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I did a small test and managed to get ~14% gain from investing at Moneypot over 21 days. It's not bad, but of course, we have to hope that players don't profit too much
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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KnightTrader
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November 01, 2015, 09:01:07 PM |
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Commission is same to site operator even so player win or lose bet and it is payed of bankroll by what I know.
Did the commission structure change again recently? Last I heard, MP took 5% of the house edge from each bet, but according to the FAQ MP takes 10% of net profits. I don't remember reading about another change. Maybe the FAQ is wrong? By what I have looked from statistics from 1-2 weeks ago that 5% of the house edge maybe looks like correct. I think that is also good for operators who live in countries what have national monopoly in gambling or some other regulations. So, that is not basically gambling for operators if got flat commission.
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Decoded
Legendary
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Activity: 1232
Merit: 1030
give me your cryptos
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November 01, 2015, 09:32:51 PM |
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I like the idea of a gambling wallet. It gets rid of handling multiple site wallets, which always puts me off, having to remember how much fine you have where.
Good luck on your site, hope you get more sites connected to yours!
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looking for a signature campaign, dm me for that
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RHavar (OP)
Legendary
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Activity: 2557
Merit: 1886
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November 02, 2015, 12:01:44 AM |
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I've noticed there's been a problem in some of the support form delivery (remind me to never use email system for support again), and a few support tickets have been undelivered. If you were trying to get in contact with me, could you please resubmit the ticket =)
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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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RHavar (OP)
Legendary
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Activity: 2557
Merit: 1886
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November 02, 2015, 03:42:39 AM |
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https://www.moneypot.com/apps/497-investdiceis on a rampage through investor profits! Players have outperformed the expected 12 BTC loss, by winning 17 BTC!
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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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RHavar (OP)
Legendary
Offline
Activity: 2557
Merit: 1886
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November 02, 2015, 03:56:13 AM |
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Did the commission structure change again recently?
Last I heard, MP took 5% of the house edge from each bet, but according to the FAQ MP takes 10% of net profits. I don't remember reading about another change. Maybe the FAQ is wrong?
The FAQ is right, but I'm currently waiving the 10%-net-profit fee at the moment. Once it comes back, it'll use a new high-water mark, and only commissions on profits on that will be charged. (Originally divesting would reset the profit/loss stats, but as cowbay pointed out that discourages investors from gambling to win back their money. So I've waived the whole thing, until I implement it properly). And fortunately for investors, my highest priority at the moment is getting a new lottery out the door, and some BaB improvements =) So enjoy while it lasts =)
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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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Coef
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November 02, 2015, 05:02:07 AM |
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Beware. I invested for the first time yesterday. It's all down hill from here... Argh, the bad luck must be brought by dooglus, jk From a probabilistic point of view, martingale is a very bad way to play and it is most likely going to end badly. With that in mind, I have invested 5 more bitcoin just now and is now patiently waiting for the long streaks to occur.
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ndnh
Legendary
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Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
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November 02, 2015, 05:16:07 AM |
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He is using the same strategy everywhere I see that username lol. He is betting simultaneously (martingale from 0.0001) using at least two accounts in other sites too.
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JackpotRacer
Legendary
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Activity: 1932
Merit: 1014
All Games incl Racer and Lottery game are Closed
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November 02, 2015, 01:16:03 PM |
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it looks like a doctor convention at investdice worth to follow
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BigMac
Legendary
Offline
Activity: 896
Merit: 1000
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November 02, 2015, 01:52:21 PM |
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The deviation from the expected profit is crazy. I could understand it if the site has only a few thousands of bets, but it has over 2.8 millions bets already. How unlikely is it for a site to have an expected profit of 0.98% and to have an actual profit of -1.91% over so many bets?
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Jungian
Legendary
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Activity: 930
Merit: 1010
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November 02, 2015, 02:02:01 PM |
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The deviation from the expected profit is crazy. I could understand it if the site has only a few thousands of bets, but it has over 2.8 millions bets already. How unlikely is it for a site to have an expected profit of 0.98% and to have an actual profit of -1.91% over so many bets?
Has much less to do with the number or bets and everything to do with the size of them. A win of a big bet will offset millions of small bets
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BigMac
Legendary
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Activity: 896
Merit: 1000
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November 02, 2015, 02:07:23 PM |
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The deviation from the expected profit is crazy. I could understand it if the site has only a few thousands of bets, but it has over 2.8 millions bets already. How unlikely is it for a site to have an expected profit of 0.98% and to have an actual profit of -1.91% over so many bets?
Has much less to do with the number or bets and everything to do with the size of them. A win of a big bet will offset millions of small bets True that a few lucky big bets could taken the site profit down quickly, but it doesn't seem to be the case here. Instead, the players there are just playing with martingale endlessly.
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investdice
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November 02, 2015, 02:27:23 PM |
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Little update:Bets: 2,820,418 Wagered: 2,083,688,723.27 bits Bets Profit: -41,226,095.01 bits (-1.98%) Expected Profit: 20,438,531.50 bits (0.98%)
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JackpotRacer
Legendary
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Activity: 1932
Merit: 1014
All Games incl Racer and Lottery game are Closed
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November 02, 2015, 02:33:54 PM |
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Little update:Bets: 2,820,418 Wagered: 2,083,688,723.27 bits Bets Profit: -41,226,095.01 bits (-1.98%) Expected Profit: 20,438,531.50 bits (0.98%) Congrats mate for this nice action on the doctor convention:)
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hopenotlate
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Activity: 3318
Merit: 1225
Top Crypto Casino
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November 02, 2015, 03:07:08 PM |
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Beware. I invested for the first time yesterday. It's all down hill from here... Argh, the bad luck must be brought by dooglus, jk From a probabilistic point of view, martingale is a very bad way to play and it is most likely going to end badly. With that in mind, I have invested 5 more bitcoin just now and is now patiently waiting for the long streaks to occur. Reading your post I had the inspiration I needed to invest in Bitcoinpot; with a way less amount than you anyway. Hope I will not bring bad luck with me as Dooglus did (j/k as well)
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hua_hui
Legendary
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Activity: 1386
Merit: 1016
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November 02, 2015, 03:30:47 PM |
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oh my, what a big lose we are experiencing. it took a super big hit. so how much bitcoin has we lose in the profit in one day???
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Alvin Fahriza
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November 02, 2015, 03:33:44 PM Last edit: November 02, 2015, 04:03:02 PM by Alvin Fahriza |
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oh my, what a big lose we are experiencing. it took a super big hit. so how much bitcoin has we lose in the profit in one day???
About 47 BTC i think, on investdice profit now is -40,466,991.01 bits (-1.92%) that all from + 7 BTC Profit site, owner investdice said so he won about 47++ in one day. EDIT: OMG now ID profit about -48 BTC , https://www.moneypot.com/apps/497-investdice.
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investdice
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November 02, 2015, 04:03:05 PM |
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He is using the same strategy everywhere I see that username lol. He is betting simultaneously (martingale from 0.0001) using at least two accounts in other sites too. Seen here its not all martingale:
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RHavar (OP)
Legendary
Offline
Activity: 2557
Merit: 1886
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November 02, 2015, 07:32:47 PM |
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Looks like invest dice is continuing the absolute carnage! Well done! And coincidentally, the bankroll is now at an all-time-high.
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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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