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[cazkooo]

Cazkooo I think bjorn is hinting that next months raffle will have multiple winners but wants to keep it a surprise.  Sorry bjorn the secret is out hahaha!

Really? I think I just guess it correctly. I was just suggesting it yesterday because I see that the new raffle is still only has one winner so I think it can be a good idea if the owner can make multiple winner so more people can be happy. Thats better isnt that from only one winner so the high wagerer dont monopoly this raffle because they have alot ticket

[gordonhill]

Cazkooo I think bjorn is hinting that next months raffle will have multiple winners but wants to keep it a surprise.  Sorry bjorn the secret is out hahaha!

Really? I think I just guess it correctly. I was just suggesting it yesterday because I see that the new raffle is still only has one winner so I think it can be a good idea if the owner can make multiple winner so more people can be happy. Thats better isnt that from only one winner so the high wagerer dont monopoly this raffle because they have alot ticket

Thanks for the update.  ≧◠‿◠≦✌

[Altcoin4life]

Cazkooo I think bjorn is hinting that next months raffle will have multiple winners but wants to keep it a surprise.  Sorry bjorn the secret is out hahaha!

Yes, but no more hints, just get your tickets and you won't be disappointed as Septembers announced raffle should be very well liked



Thank you to our amazing players, it is only Thursday and already one player as won the Platinum VIP bonus Cashback Club prize!!!!!!!!!! This player will receive 8 BTC sent by me personally to his account on Sunday. It's the best way we know how to thank our players for their loyalty at BetterBets Casino! The gold VIP bonus Cashback prize is the final bonus available now before Cashback Club rewards return to the normal (already amazing) levels. So if you are a player that can generate 2000 BTC volume at BetterBets before Sunday, I'll credit you with a bonus 5.5 BTC for this achievement.

Grats to first platinum vip here I will try for last gold vip if no one claims by Sunday 5.5 btc is huge.

[Miklagard]

 Hi Everyone,

 Betterbets has been the number one inspiration for us to get into this line of work. Their professionalism when it comes to work and their by heart moves when it comes to community is unique and to be honest refreshing in this era. We at Miklagard would love to see you rise beyond measures.

 Best Regards

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[BetterBets.io]

Just one bonus Cashback club prize left, Gold VIP for this coming Sunday get 5.5BTC for your volume, win or lose you still can win!

[cryptasm]

Dont you think taking 50% of the investors with a variable edge of 0.1-1% is kinda unfair for the investor? I remember good old Jd taking 10%

[ranlo]

Dont you think taking 50% of the investors with a variable edge of 0.1-1% is kinda unfair for the investor? I remember good old Jd taking 10%

JD only takes 10% of the PROFIT each week, too, and takes none if your profit ever goes to negative (i.e., if you made 1 BTC this week, but it went down to 0.99 BTC next week, there would be no commission until that 0.01 BTC was re-gained).

With MP, the amount is based on the bets, win or lose, not just profit. So whether or not a player wins, a small portion is siphoned from the bankroll (at least this is my understanding, based on how the site owners are paid).

[BetterBets.io]

Hello, everyone we had to make a change to our VIP program in order to ensure that it remained viable for both our casino and VIP bettors. Please note, that although we have removed the house edge reduction we have actually increased VIP BTC payouts and added huge amounts of raffle tickets to make the transition smoother for players. This change will go into effect Sunday, August 16th (after affiliate/cashback payouts). Those who currently have house edge lower than our standard 1% will return to 1% house edge. Luck forging will currently remain available for activating a lower percentage on your playing strategies. Good fortune to everyone!

[RHavar]

Dont you think taking 50% of the investors with a variable edge of 0.1-1% is kinda unfair for the investor? I remember good old Jd taking 10%

It's a lot more nuanced than that. Investors are rewarded (with EV) proportional the amount of risk they take. So in cases of a full-kelly bet the investors have 100% the profits (with no commissions of any kind charged), and a bet with no risk they would have no rewards. And for everything in between they get everything in between. There's an active discussion on the MP thread if you want to join in =)

[cryptasm]

Dont you think taking 50% of the investors with a variable edge of 0.1-1% is kinda unfair for the investor? I remember good old Jd taking 10%

It's a lot more nuanced than that. Investors are rewarded (with EV) proportional the amount of risk they take. So in cases of a full-kelly bet the investors have 100% the profits (with no commissions of any kind charged), and a bet with no risk they would have no rewards. And for everything in between they get everything in between. There's an active discussion on the MP thread if you want to join in =)

alright than i kinda understood it wrong, thx for the explanation!

[BetterBets.io]

[RHavar]

Wow, I think that 8 BTC makes for the best bonus prize I've seen yet.

[ndnh]

Wow, I think that 8 BTC makes for the best bonus prize I've seen yet.

Well, he made a 43.5BTC loss though. But still it is a good bonus.

[BetterBets.io]

Wow, I think that 8 BTC makes for the best bonus prize I've seen yet.

Well, he made a 43.5BTC loss though. But still it is a good bonus.

Yeah that part I have no control over unfortunately, but I can give those who achieve it one heck of a payout. On the other hand investors are quiet again, they must be happy

[ndnh]

Wow, I think that 8 BTC makes for the best bonus prize I've seen yet.

Well, he made a 43.5BTC loss though. But still it is a good bonus.

Yeah that part I have no control over unfortunately, but I can give those who achieve it one heck of a payout. On the other hand investors are quiet again, they must be happy

Yeah, lol. Really good bonus.

Yes, profit is up. Around 19-20BTC now.

[arallmuus]

On the other hand investors are quiet again, they must be happy

I would say that this twist is kinda needed sometimes. The word "investment" is kinda giving people an insurance that their stash will keep on increasing and not decreasing so when the investor's profit is taking a huge dip, alot of people stressed out because they are losing some percentage of their stash which is understandable as people love winning and not losing things 

The good part about this negative profit is that atleast this serves as the proof that the house isnt unbeatable which is good for promotional purposes both to attract more gambler to try their luck and win huge at Moneypot as well or that to a potential investor which could lead for more BTC as the bankroll and allow the apps in Moneypot to attract more whale 

[ranlo]

On the other hand investors are quiet again, they must be happy

I would say that this twist is kinda needed sometimes. The word "investment" is kinda giving people an insurance that their stash will keep on increasing and not decreasing so when the investor's profit is taking a huge dip, alot of people stressed out because they are losing some percentage of their stash which is understandable as people love winning and not losing things 

The good part about this negative profit is that atleast this serves as the proof that the house isnt unbeatable which is good for promotional purposes both to attract more gambler to try their luck and win huge at Moneypot as well or that to a potential investor which could lead for more BTC as the bankroll and allow the apps in Moneypot to attract more whale 

If anyone thinks investments are a sure way to profit, they're stupid. Investments are called investments because they're risky -- otherwise they'd just be called "insured loans." 99.9% of the people on the forums that invest in various businesses have no idea what they're doing, and think everything is a guaranteed way to profit.

[arallmuus]

-snip-

If anyone thinks investments are a sure way to profit, they're stupid. Investments are called investments because they're risky -- otherwise they'd just be called "insured loans." 99.9% of the people on the forums that invest in various businesses have no idea what they're doing, and think everything is a guaranteed way to profit.

Regardless, I seen few people seems to be "complaining" about the investor's profit taking a huge dip which for me it is natural because it is a risky investment to begin with and pretty much a risk that every investor need to bear just incase things go south. Personally I would like to see this again sometimes in the future as this huge investor's lost could be a charm to get more players to Moneypot but obviously without hurting the investor too much ( which is pretty hard to get a balance for that )

Anyway Im glad that the profit went back to 20 + BTC in a very short time and it seems luck is shifting back to the investor's side 

[BetterBets.io_Staff]

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