edmundduke
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Activity: 1624
Merit: 1007
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November 07, 2015, 11:10:11 AM |
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Could someone explain how I could possibly lose my investment?
Really the only way sounds like a hacker or something right?
"The house always wins"
Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.
Simple answer is, you wont loose long term. But this "long term profit" can start anywhere from a few days to 20 years due to variance. Especially as the HE is not always 1% i believe it is much lower on some games.
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RHavar (OP)
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Activity: 1463
Merit: 1886
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November 07, 2015, 02:50:21 PM |
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Could someone explain how I could possibly lose my investment?
Really the only way sounds like a hacker or something right?
"The house always wins"
Aren't investors basically the house? I just don't understand how you could EVER lose long term with this sort of system.
The house only "always" wins if people infinitely re-gamble all payouts they make. Eventually the house edge will whittle them down to nothing. This is a good enough approximation for a witty expression, but in reality there are a lot of other factors. People can win at the casino and stop playing, or they can win and go somewhere else. Or they can win, and you need to divest. Or they can win and your investment gets diluted so much it can't recover.
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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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huskypower2015
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Activity: 94
Merit: 12
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November 08, 2015, 04:19:58 AM |
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If I may interrupt:
What programming knowledge is nececcasry to create a game for the site? What paradigm is most optimal for any game? Does/can the API communicate with a broad range of languages?
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RHavar (OP)
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Activity: 1463
Merit: 1886
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November 08, 2015, 04:41:31 AM |
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If I may interrupt:
What programming knowledge is nececcasry to create a game for the site? What paradigm is most optimal for any game? Does/can the API communicate with a broad range of languages?
As long as it can make http/json requests, any programming language is fine. If it's browser-based, you're definitely best off using javascript or something that compiles to it =)
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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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huskypower2015
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Activity: 94
Merit: 12
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November 08, 2015, 05:09:39 AM |
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What do the majority of moneypot sites use for a language?
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Jungian
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Activity: 930
Merit: 1010
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November 08, 2015, 02:32:25 PM |
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Good weekend for investors!
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155UE
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November 08, 2015, 02:58:54 PM |
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Good weekend for investors!
yeah it goes up from profit +140 to +181 the profit is from d0ctor account : user jackie_chan it has profit -29,733,329 bits user doct0r it has profit -55,009,999.25 bits what a nice lose
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JackpotRacer
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Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
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November 08, 2015, 03:01:58 PM |
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Good weekend for investors!
agree and I would like to add that investing and divesting all few days or hours is like gambling IMO
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Gifted
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November 08, 2015, 07:16:32 PM |
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I tried Money pot with a dice scrip but the script sucked and i could not figure out how to use anymore...to bad they dont let us use scripts for gambling.
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JackpotRacer
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Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
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November 08, 2015, 07:27:27 PM |
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I tried Money pot with a dice scrip but the script sucked and i could not figure out how to use anymore...to bad they dont let us use scripts for gambling.
..........to bad they dont let us use scripts for gambling.confused now........please explain. thanx
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dooglus
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Activity: 2940
Merit: 1333
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November 10, 2015, 06:22:58 AM |
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..........to bad they dont let us use scripts for gambling.
confused now........please explain. thanx
I think he meant "too bad", and "don't". MoneyPot is basically just an API. They don't let you use anything other than scripts for gambling - but most (if not all) of the moneypot casinos don't explicitly support scripted gambling. You know how bustabit lets you write your own script? Maybe he's looking for something like that.
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Just-Dice | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | Play or Invest | ██ ██████████ ██████████████████ ██████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████████████ ██████████████████████ ██████████████ ██████ | 1% House Edge |
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Gifted
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November 10, 2015, 06:37:39 AM |
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I tried Money pot with a dice scrip but the script sucked and i could not figure out how to use anymore...to bad they dont let us use scripts for gambling.
..........to bad they dont let us use scripts for gambling.confused now........please explain. thanx what i meen is they dont give you the casino script to upload into your root.You have to find one.
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NLNico
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Activity: 1876
Merit: 1295
DiceSites.com owner
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November 10, 2015, 06:51:25 AM |
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If you cannot even figure out how to run untitled-dice ( https://github.com/untitled-dice/untitled-dice.github.io), then maybe it's best to not run a casino. There are some serious responsibilities to run a safe casino (even though seeds/money are on MP) so I don't think it's for everyone.
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JackpotRacer
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Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
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November 12, 2015, 09:59:23 AM |
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Hi all and especially the moneypot investors
in about 2 hours will start our 2nd Texas Hold'em All-In Contest.
we are looking for one moneypot investor who is willing to participate at our 24 hour contest for free!
we will pay the 5000 bits fee and the 5000 bits starting bank roll
but in case you win one of the 3 prizes you will need to give the prize to a charity of your choice
let's see if we find one moneypot investor who will support our app and a charity
the link for the contest
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RHavar (OP)
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Activity: 1463
Merit: 1886
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November 14, 2015, 04:50:43 AM |
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A bit of an update: So you'll see we've taken ~43k BTC in wager, given app developers ~216 BTC in commissions and investors almost ~200 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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everaja
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November 14, 2015, 04:54:16 AM |
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A bit of an update:
So you'll see we've taken ~43k BTC in wager, given app developers ~216 BTC in commissions and investors almost ~200 BTC!
Yeah , according to stats t is true , I am happy that you guys are growing day by day , Moneypot has a potential and hope to see more apps featuring upon it coming out in near future . Good Luck !!
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ranlo
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Activity: 1988
Merit: 1007
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November 14, 2015, 12:00:19 PM |
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A bit of an update: So you'll see we've taken ~43k BTC in wager, given app developers ~216 BTC in commissions and investors almost ~200 BTC! I like the chart -- it looks like the trend has been very quick growth! Hopefully this continues, .
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actmyname
Copper Member
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Activity: 2562
Merit: 2510
Spear the bees
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November 15, 2015, 01:10:05 AM Last edit: November 15, 2015, 05:07:15 PM by actmyname |
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I've decided to put MoneyPot.com up for auction, full details are here: https://bitcointalk.org/index.php?topic=1249919.0Note 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 saleIt's a shame that you're doing this. Hopefully, the next owner will bring forth a variety of new and innovative ideas. Good luck to you and your affairs in the future!
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BTCevo
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Activity: 1834
Merit: 1008
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November 15, 2015, 02:59:37 AM |
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A bit of an update:
So you'll see we've taken ~43k BTC in wager, given app developers ~216 BTC in commissions and investors almost ~200 BTC!
Yeah , according to stats t is true , I am happy that you guys are growing day by day , Moneypot has a potential and hope to see more apps featuring upon it coming out in near future . Good Luck !! But it will be auctioned. I dont think they still have the same management again, things must be different after auction. I think some investor will withdraw their money because they wont risk their valuable money with a new management
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erwin45hacked
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Activity: 1064
Merit: 1000
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November 15, 2015, 03:57:06 AM |
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I've decided to put MoneyPot.com up for auction, full details are here: https://bitcointalk.org/index.php?topic=1249919.0Note 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 saleAside from the workload, is there any special reason you are selling this ? Its kinda a waste because either why you as the owner and investor there is making money while its still running
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