BetterBets.io |V2 NXT betting + Shapeshift.io|🎲 DICE★PLINKO★PVP Game CORE

[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]

✭ 4 More days for BETTERBETS ! third month anniversary ! ✭

[seuntjie]

New stable versioin of Seuntjies DiceBot available that supports betterbets.io!

Get it from https://bot.seuntjie.com/botpage.aspx

The bots' Thread can be found at: https://bitcointalk.org/index.php?topic=307425
Share, download and discuss settings and scripts for the bot at: https://bot.seuntjie.com/settings.aspx and https://bot.seuntjie.com/Scripts.aspx
Getting started guide for the bot: https://bot.seuntjie.com/GettingStarted.aspx

Good luck and happy betting

[Altcoin4life]

New stable versioin of Seuntjies DiceBot available that supports betterbets.io!

Get it from https://bot.seuntjie.com/botpage.aspx

The bots' Thread can be found at: https://bitcointalk.org/index.php?topic=307425
Share, download and discuss settings and scripts for the bot at: https://bot.seuntjie.com/settings.aspx and https://bot.seuntjie.com/Scripts.aspx
Getting started guide for the bot: https://bot.seuntjie.com/GettingStarted.aspx

Good luck and happy betting

Bottttzzz!!!! I will try this tonight 

[BetterBets.io]

New stable versioin of Seuntjies DiceBot available that supports betterbets.io!

Get it from https://bot.seuntjie.com/botpage.aspx

The bots' Thread can be found at: https://bitcointalk.org/index.php?topic=307425
Share, download and discuss settings and scripts for the bot at: https://bot.seuntjie.com/settings.aspx and https://bot.seuntjie.com/Scripts.aspx
Getting started guide for the bot: https://bot.seuntjie.com/GettingStarted.aspx

Good luck and happy betting

Excellent Seuntjie, really appreciate both your hard work and presence on the site. Third party devs are the movers and shakers of the world and we respect them highly

Will add this to the OP for players to use and enjoy!  edit: Now added

Please note everyone Seuntjie has also added a chat bot to BetterBets. If you have any requests for features for the bot please message Seuntjie or myself, and we will cover the cost of development, thanks!

[Aleator]

 Would it be possible one day to make cashback club into something bigger involving everyone? As in , everyone gets a share back from their wagered amount. Nothing too big to ruin your profits , something small and trivial to make it as a gesture to community.

 Also , still in love with you guys Still awesome . Please don't change Your "they are one of us" character what draw me here and kept me here.

[BetterBets.io]

 Would it be possible one day to make cashback club into something bigger involving everyone? As in , everyone gets a share back from their wagered amount. Nothing too big to ruin your profits , something small and trivial to make it as a gesture to community.

 Also , still in love with you guys Still awesome . Please don't change Your "they are one of us" character what draw me here and kept me here.

Thank you for the kind words Aleator, we have several options for Cashback Club for all players and the lowest amount is 5 BTC volume for the entire week. Enjoy!

> 5 BTC weekly volume: 0.005 BTC
> 10 BTC weekly volume player is credited: 0.01 BTC
> 15 BTC weekly volume player is credited: 0.02 BTC
> 25 BTC weekly volume player is credited: 0.05 BTC
> 50 BTC weekly volume player is credited: 0.1 BTC
> 100 BTC weekly volume player is credited: 0.2 BTC
> 150 BTC weekly volume player is credited: 0.3 BTC
> 200 BTC weekly volume player is credited: 0.4 BTC
> 300 BTC weekly volume player is credited: 0.6 BTC
> 400 BTC weekly volume player is credited: 0.8 BTC
> 500 BTC weekly volume player is credited: 1.2 BTC VIP Bronze (+200 Raffle Tickets)
> 1000 BTC weekly volume player is credited: 2.4 BTC VIP Silver (+400 Raffle Tickets)
> 2000 BTC weekly volume player is credited: 4.6 BTC VIP Gold (+600 Raffle Tickets)
> 3000 BTC weekly volume player is credited: 6.8 BTC VIP Platinum (+800 Raffle Tickets)

[BetterBets.io_Staff]

✭ NEWS FROM BETTERBETS ! 15th August 2015 ✭

BetterBets daily wagered over 210BTC


BetterBets status so far :
- 61 Millions bet
- Over 10,000 BTC wagered
- Over 14 BTC cashback to the players with over 7 BTC for this week alone !

The status above is achieved less than 3 months !
Thankyou for all the players that help to achieve this Milestone !

Congratulation to Molloype for getting 8 BTC cashback bonus

For your reminder, BetterBets anniversary is due in 4 more days and we will hold a small contest for the players, be sure to join us at 19th August


Dont forget to snag the Gold Vip Bonus with 5.5 BTC cashback bonus !
VIP EVENT !

[BetterBets.io]

Congratulations to Trump our new Hall of Fame top profit player, max payout per bet at https://betterbets.io is now 3.87 BTC and growing.

[sana9821]

✭ NEWS FROM BETTERBETS ! 15th August 2015 ✭

BetterBets daily wagered over 210BTC


BetterBets status so far :
- 61 Millions bet
- Over 10,000 BTC wagered
- Over 14 BTC cashback to the players with over 7 BTC for this week alone !

The status above is achieved less than 3 months !
Thankyou for all the players that help to achieve this Milestone !

Congratulation to Molloype for getting 8 BTC cashback bonus

For your reminder, BetterBets anniversary is due in 4 more days and we will hold a small contest for the players, be sure to join us at 19th August


Dont forget to snag the Gold Vip Bonus with 5.5 BTC cashback bonus !
VIP EVENT !

it is nice to see these statistics of your website I think it shows how popular you are in bitcoin world and it will attract much more new players