dan (OP)
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June 02, 2015, 06:31:16 PM |
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Wait so.. you still provide the bankroll right? It just uses Moneypot to manage users and deposits?
This script uses Moneypot's bankroll which is why it's "risk-free profit". Currently, Moneypot's provably-fair API only operates on its own bankroll, but RHavar (owner) has expressed that he's working on extending the API so that you can BYOB (bring your own bankroll ) Yes, beyond the bankroll, Moneypot also handles the user-management and bitcoin-management.
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SirLolicon
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June 03, 2015, 03:50:02 AM |
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how do you make a profit if you don't provide your own bankroll?
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dan (OP)
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June 03, 2015, 05:35:18 AM |
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how do you make a profit if you don't provide your own bankroll?
At a high level, the Moneypot API is a bet server that accepts any bet that's profitable to its investors (the house). - If the player loses the bet, the investors take the minimal amount of profit that makes it worthwhile for them, and then you (app owner) split the rest of the profit with Moneypot.
- If the player wins the bet, then the investors float the entire wager.
Why do the investors split their profit with you? Because they're rewarding you for driving +EV volume against their bankroll. Does that make sense? Also, I just released untitled-dice v0.0.5 which adds Deposit/Withdraw dialog buttons to the navbar: https://i.imgur.com/E8DG3QR.pngYou can read more about dialogs here: https://www.moneypot.com/api-docs#dialogs - Their purpose is so that users can manage their balance on your app without visiting Moneypot.
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SirLolicon
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June 03, 2015, 05:37:51 AM |
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how do you make a profit if you don't provide your own bankroll?
At a high level, the Moneypot API is a bet server that accepts any bet that's profitable to its investors (the house). - If the player loses the bet, the investors take the minimal amount of profit that makes it worthwhile for them, and then you (app owner) split the rest of the profit with Moneypot.
- If the player wins the bet, then the investors float the entire wager.
Why do the investors split their profit with you? Because they're rewarding you for driving +EV volume against their bankroll. Does that make sense? So basically all you have to do is spice up the site and market it well and you don't need to provide any bankroll? Just pure profit? That's cool. EDIT: Was testing it with the faucet. I ran out of bits and it said "CANNOT_AFFORD_WAGER" on the bet button. Is this changeable in the code or is it basically a bug?
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dan (OP)
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June 03, 2015, 05:54:06 AM |
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EDIT:
Was testing it with the faucet. I ran out of bits and it said "CANNOT_AFFORD_WAGER" on the bet button. Is this changeable in the code or is it basically a bug?
It's not a bug, I just neglected to translate the errors into more user-friendly messages like "You cannot afford this wager". Once I do that, it will be trivial to just ctrl-f and replace with customized messages. I'll improve it in v0.0.6.
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SirLolicon
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June 03, 2015, 06:57:46 AM |
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EDIT:
Was testing it with the faucet. I ran out of bits and it said "CANNOT_AFFORD_WAGER" on the bet button. Is this changeable in the code or is it basically a bug?
It's not a bug, I just neglected to translate the errors into more user-friendly messages like "You cannot afford this wager". Once I do that, it will be trivial to just ctrl-f and replace with customized messages. I'll improve it in v0.0.6. I tried forking it to play around, the login to moneypot button always uses the redirect uri of untitled-dice and not the one you provide in the app.js EDIT: Nevermind, I honestly don't know what happened but after a few minutes it started working. Didn't have to commit any changes
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dan (OP)
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June 03, 2015, 11:48:31 AM |
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I tried forking it to play around, the login to moneypot button always uses the redirect uri of untitled-dice and not the one you provide in the app.js
EDIT: Nevermind, I honestly don't know what happened but after a few minutes it started working. Didn't have to commit any changes
Not sure if this was your issue, but it looks like Github tells your browser to cache files for up to 10 minutes so try busting your cache (forced reload) if it happens again.
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dan (OP)
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June 03, 2015, 03:30:08 PM |
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EDIT:
Was testing it with the faucet. I ran out of bits and it said "CANNOT_AFFORD_WAGER" on the bet button. Is this changeable in the code or is it basically a bug?
It's not a bug, I just neglected to translate the errors into more user-friendly messages like "You cannot afford this wager". Once I do that, it will be trivial to just ctrl-f and replace with customized messages. I'll improve it in v0.0.6. Okay, just addressed this and released v0.0.6 (minor release). Bet validation errors are now translated into human-friendly messages. For example: https://i.imgur.com/M1jC5yR.png(It used to say "CANNOT_AFFORD_WAGER") You can edit the messages here: https://github.com/untitled-dice/untitled-dice.github.io/blob/4def9cc1222cb998792ccae1149ce87828f07166/app.js#L1316-L1323Thanks for the feedback, SirLolicon.
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SirLolicon
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June 04, 2015, 03:14:55 AM Last edit: June 04, 2015, 05:16:38 AM by SirLolicon |
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EDIT:
Was testing it with the faucet. I ran out of bits and it said "CANNOT_AFFORD_WAGER" on the bet button. Is this changeable in the code or is it basically a bug?
It's not a bug, I just neglected to translate the errors into more user-friendly messages like "You cannot afford this wager". Once I do that, it will be trivial to just ctrl-f and replace with customized messages. I'll improve it in v0.0.6. Okay, just addressed this and released v0.0.6 (minor release). Bet validation errors are now translated into human-friendly messages. For example: (It used to say "CANNOT_AFFORD_WAGER") You can edit the messages here: https://github.com/untitled-dice/untitled-dice.github.io/blob/4def9cc1222cb998792ccae1149ce87828f07166/app.js#L1316-L1323Thanks for the feedback, SirLolicon. Sure, I love your project, and there's no way I can help but try it out and maybe bring this out of the dark and release a version of this to the public ((: EDIT: A little question, how does a user become a mod in the site? I've seen that Moneypot Staff have a tag of "MP Staff" and there's another tag "Mod"
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dan (OP)
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June 04, 2015, 08:17:03 PM |
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A little question, how does a user become a mod in the site? I've seen that Moneypot Staff have a tag of "MP Staff" and there's another tag "Mod"
Moneypot doesn't currently let you appoint mods for your app or co-owners, but that will change soon. (So far it's just one owner per app) Once that update lands, then you'll be able to go to your "edit app" page on Moneypot and add/remove moderators, and they'll show up in chat with the "Mod" medallion next to their name. Also, someone reminded me in PM, but I need to add a chat command cheatsheet beneath the chatbox. For example, as an owner, you can "/mute foobar 10" to mute someone named foobar for 10 minutes. And you can unmute them with "/unmute foobar".
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Pores
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June 05, 2015, 06:23:53 AM |
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When the commands for the chat come out, do we have to update any files in the script?
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krach
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Get Rekt
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June 05, 2015, 12:44:42 PM |
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Is there an affilate system for your dice site or for moneypot?
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elm
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June 05, 2015, 12:57:25 PM |
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Is there an affilate system for your dice site or for moneypot?
very good question I am also very interested to see the answer
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dan (OP)
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June 05, 2015, 03:58:14 PM |
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When the commands for the chat come out, do we have to update any files in the script?
The chatbox already supports "/mute foobar 40" (40 minutes) and "/unmute foobar", but I will have to update the script when I add more commands. Ideally, you use Git to keep your script in sync with my script. For example, when I make a change, you can just run "git pull" to get my changes. Is there an affilate system for your dice site or for moneypot?
No. Moneypot doesn't have API support for a referral system, so it currently can't be done with a client-side script like untitled-dice.
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elm
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June 05, 2015, 04:34:23 PM |
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Is there an affilate system for your dice site or for moneypot?
No. Moneypot doesn't have API support for a referral system, so it currently can't be done with a client-side script like untitled-dice. is it on MP to do list? and if not what you are saying is that the only solution is to add a server side to the client side? I am asking because I would like to have a referral program if I would do a game app.
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dan (OP)
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June 05, 2015, 09:20:36 PM |
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is it on MP to do list? and if not what you are saying is that the only solution is to add a server side to the client side? I am asking because I would like to have a referral program if I would do a game app.
You may want to direct that first question to RHavar's Moneypot topic: https://bitcointalk.org/index.php?topic=1020726.0At the point that you are running your own server that communicates with Moneypot (instead of a serverless script), then your options become open-ended because you can complement Moneypot's API with your own features. For example, and this is totally off the top of my head, you could write your server so that it handles `example.com?referral=foobar` by saving `referral=foobar` in the visitor's browser cookie. Now, whenever a user enables your app from Moneypot and is redirected back to your website for the first time, you can see if they have that browser cookie. If so, then you can hook up the referral link to "foobar" and do whatever you want with it. In other words, Moneypot doesn't stop you from building this kind of functionality once you're running your own server and database. Of course, that's beyond the scope of this thread.
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elm
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June 06, 2015, 08:28:21 PM |
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is it on MP to do list? and if not what you are saying is that the only solution is to add a server side to the client side? I am asking because I would like to have a referral program if I would do a game app.
You may want to direct that first question to RHavar's Moneypot topic: https://bitcointalk.org/index.php?topic=1020726.0At the point that you are running your own server that communicates with Moneypot (instead of a serverless script), then your options become open-ended because you can complement Moneypot's API with your own features. For example, and this is totally off the top of my head, you could write your server so that it handles `example.com?referral=foobar` by saving `referral=foobar` in the visitor's browser cookie. Now, whenever a user enables your app from Moneypot and is redirected back to your website for the first time, you can see if they have that browser cookie. If so, then you can hook up the referral link to "foobar" and do whatever you want with it. In other words, Moneypot doesn't stop you from building this kind of functionality once you're running your own server and database. Of course, that's beyond the scope of this thread. thanks for explaining in more depth, very much appreciated. I asked my question in other thread how would it be if I want to add a auto betting bot? would full client side work or server side needed?
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dan (OP)
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June 07, 2015, 07:29:30 PM |
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thanks for explaining in more depth, very much appreciated. I asked my question in other thread
how would it be if I want to add a auto betting bot? would full client side work or server side needed?
An auto-betting/bot system can be built on the client-side. It can even just use the UI directly, like "double the contents of the wager field and trigger the 'Bet' button". Related: I will be adding an auto-betting system to Untitled Dice in a future release.
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LazerPanther
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June 20, 2015, 04:52:09 AM |
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dan, this is amazing. Just found the source while browsing GitHub which then led me here. Is the Moneypot thread you linked earlier the most active for updates or should I keep watching this thread?
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dan (OP)
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June 25, 2015, 07:02:22 PM |
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dan, this is amazing. Just found the source while browsing GitHub which then led me here. Is the Moneypot thread you linked earlier the most active for updates or should I keep watching this thread?
Hey, I'm keeping this thread updated with Untitled Dice updates. You can see the changelog in the OP which I maintain. There haven't been any updates recently, but my next big update will include an autobet feature. I'm also developing the groundwork right now that will allow Untitled Dice to automatically update when players deposit directly to the bitcoin address (QR code) shown in the "Deposit" button.
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