Betterbets.io - Invest in multiple Casinos and apps at once through Moneypot.com

Hello everyone my name is Bjorn, and if you are not familiar with my Bitcoin casino it is here: https://betterbets.io
Our goal is to create the best online Bitcoin only casino available; you can read about our unique concepts at our FAQ here: https://betterbets.io/app/content/faq/

In April of 2015 Moneypot.com created a web wallet that interfaces through API with new Casinos or single apps to create a large multi business
secure wallet for players to use to fund their accounts at sites like ours.

We saw this as an opportunity to create a quality site and provide the needed security for both players and investors using Moneypot's provably fair API's.
My blog is here giving more background info: https://betterbets.io/app/content/blog/

Investor's can view all stats through their moneypot account and will see that in 2 short months it has been a very profitable experience: https://www.moneypot.com/investment
Here is the current stats as well:

Site Bankroll: 148,240,103.03 bits
Wagered against bankroll: 1,118,586,794.65 bits
Investor Profit: 12,064,607.35 bits

Our Casino is backed by Moneypot and as it increases so does the maximum payout players can receive per bets. Our site uses the Kelly criterion and you will find all pertinent information regarding this on
Moneypot.com

Hope to see everyone at our casino and as both businesses grow investors could see a very steady return in the years to come.
Have a great day everyone, if you have any further questions do not hesitate to ask through this post, in our casino chat, or via any of our other outlets:

Email Bjorn@betterbets.io or contact@betterbets.io

Quote from: BetterBets.io on September 06, 2015, 02:20:46 PM

Thank you to all our current investors and to those who decide to invest in the future as well. We now have a current max payout of 4.17 BTC per bet!

One of our Bitcoin brothers NLNico, a respected forum member, has put together a very nice Moneypot statistical overview on his site. I feel this is superior to this thread and could be used as a means to track your investment and how all casinos and apps are doing as well. Best wishes to all of you, (both players and investors) as Moneypot and BetterBets.io climb their way into Bitcoin gambling history and continues to provide entertainment for everyone.

Please use this site for detailed stats: http://dicesites.com/moneypot

-Bjorn

Just a little update to show the progression over the course of a few days with this investment I have listed the updated stats below and you can see it's very healthy for investors:

Moneypot.com as a whole:

Site Bankroll: 152,372,847.07 bits
Wagered against bankroll: 1,153,668,761.67 bits
Investor Profit: 14,811,948.18 bits

BetterBets.io Casino personal stats (we launched mid-May):

Total Bets:     23,673,085
Wagered:    582,474,439.53 bits
Bets Profit:    9,078,713.37 bits (1.56%)
Expected Profit:   5,356,786.41 bits (0.92%)

Based of an average 0.92% house edge as we have concepts and bonuses that lower House edge through direct and indirect player actions.
Standard house edge is 1% in case you wondered why it was hovering around 0.92%.

Hello, just providing another update to show more progression for investors; current stats are:

Site Bankroll: 154,425,232.96 bits
Wagered against bankroll: 1,333,438,739.36 bits
Investor Profit: 17,126,678.37 bits

https://betterbets.io stats are now:

Bets   28,921,121
Wagered   705,662,490.81 bits
Bets Profit   10,671,282.36 bits (1.51%)
Expected Profit   6,587,329.31 bits (0.93%)

As with any investment there is still risk but for over 45 days now Moneypot has been a very nice return for investors. Our team at betterbets.io gains no monetary benefit by having more investments into the bankroll, I post this simply because we wish to offer our players a higher max payout per bet. Thank you, and have a great rest of your week!

Hello, just providing another update to show more progression for investors; current stats are:

Site Bankroll: 154,138,815.69 bits
Wagered against bankroll: 1,378,586,262.76 bits
Investor Profit: 18,233,668.46 bits

https://betterbets.io stats are now:

Bets   31,997,762
Wagered   739,075,561.70 bits
Bets Profit   11,312,115.20 bits (1.53%)
Expected Profit   6,899,023.02 bits (0.93%)

We just launched a new program to give players an even further incentive to play at BetterBets.io I'll just put the details here with no graphics for investors to look over:

Earn Bitcoin guaranteed by your volume, here is the list of payouts for each level. All payouts are credited every Sunday.

@ 5 BTC weekly volume player is credited: 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 BTC **VIP Bronze**

@ 1000 BTC weekly volume player is credited: 2 BTC **VIP Silver**

@ 2000 BTC weekly volume player is credited: 4 BTC **VIP Gold**

@ 3000 BTC weekly volume player is credited: 6 BTC **VIP Platinum**

VIP Status grants you a house edge bonus exclusive to your account, this bonus Lasts for 7 days unless a player continues to achieve the same level of volume. If a player goes to a higher or lower VIP then it will change every Sunday.

Bronze = 10% House edge reduction
Silver = 20% House edge reduction
Gold = 30% House edge reduction
Platinum = 40% house edge reduction
THIS APPLIES TO ALL GAMES ON SITE!!!

Hello, just providing another update to show more progression for investors; current stats are:

Site Bankroll: 165,957,676.67 bits
Wagered against bankroll: 1,396,257,345.84 bits
Investor Profit: 19,919,878.04 bits

https://betterbets.io stats are now:

Bets   32,561,986
Wagered   753,585,918.75 bits
Bets Profit   13,201,197.16 bits (1.75%)
Expected Profit   7,038,733.61 bits (0.93%)

Investors can now refer new players as we just launched a very attractive 15% referral program. You can read about that here: https://bitcointalk.org/index.php?topic=1065847.msg11828258#msg11828258

Hello, just providing another update to show more progression for investors; current stats are:

Site Bankroll: 167,689,408.21 bits
Wagered against bankroll: 1,524,742,769.57 bits
Investor Profit: 18,111,902.49 bits

https://betterbets.io stats are now:

Bets   34,136,173
Wagered   808,094,785.25 bits
Bets Profit    12,358,311.17 bits (1.53%)
Expected Profit    7,579,985.94 bits (0.94%)

Investors can now refer new players as we just launched a very attractive 15% referral program. You can read about that here: https://bitcointalk.org/index.php?topic=1065847.msg11828258#msg11828258

First payments for Cashback Club and Affiliates BTC will be sent to accounts today directly to your Moneypot.com secure wallet.

Hello, just providing another update to show more progression for investors; current stats are:

Site Bankroll: 205,523,025.58 bits
Wagered against bankroll: 1,806,305,262.27 bits
Investor Profit: 31,422,957.28 bits

https://betterbets.io stats are now:

Bets   34,894,200
Wagered   1,067,907,539.46 bits
Bets Profit    28,436,746.31 bits (2.66%)
Expected Profit    10,159,622.41 bits (0.95%)

Investors should be waking up and happy today as a player hit a bad streak of bets. For our Casino we surpassed the milestone of over 1000 BTC wagered. Our two month since launch Anniversary is on the 19th so we are very pleased to have over 1000 BTC wagered.

I just wanted to personally thank the investors who have put their bitcoin up and risked it to provide us with a steadily increasing bankroll. With our system BetterBets does not gain anything financially but it DOES allow me to market a higher max payout per bet for which I am thankful to all of you for.

Investors can now refer new players as we just launched a very attractive 15% referral program. You can read about that here: https://bitcointalk.org/index.php?topic=1065847.msg11828258#msg11828258

Hello, newest stats for investors I hope this information helps keep everyone up to date.

Site Bankroll: 226,800,027.14 bits
Wagered against bankroll: 1,960,774,253.69 bits
Investor Profit: 32,881,708.46 bits

https://betterbets.io Casino stats:

Bets   36,807,949
Wagered   1,195,374,144.25 bits
Bets Profit   30,714,674.06 bits (2.57%)
Expected Profit   11,433,274.74 bits (0.96%)

So far the house has been dominant this week (for the most part) and investors again have gained decent amounts of Bitcoin. Please remember, as an investor it helps to take your affiliate link on your BetterBets.io account and spread it around for 15% of that players' house edge in wagers. Payments are sent out every Sunday just like the 20% from Cashback Club so check your account every Sunday even if you don't gamble. Obviously this works both ways, as an investor it helps to spread the word of our casino to increase volume and maintain a decent flow of Bitcoin into Betterbets.io and thus Moneypot.com

Again if you have any questions please email us or Rhavar from the Moneypot team, have a great weekend everyone, spread those affiliate links!

Hello, newest stats for investors I hope this information helps keep everyone up to date.

Site Bankroll: 235,861,091.84 bits
Wagered against bankroll: 2,767,543,965.69 bits
Investor Profit: 34,329,871.04 bits

https://betterbets.io Casino stats:

Bets   39,383,868
Wagered   1,950,978,755.23 bits
Bets Profit   39,277,671.12 bits (2.01%)
Expected Profit   18,930,920.06 bits (0.97%)

This week we saw over 495 BTC volume in a single day followed by 380 BTC volume today, we had several players hit the hall of fame profit list and then changed spots several times. Overall, a great week at BetterBets and in the end the house took back some of the wins.

Is your horse racing script available for moneypot? Grin

Quote from: spencertechnology on July 24, 2015, 05:08:40 AM

Is your horse racing script available for moneypot? Grin

At the moment it is closed source and proprietary although we just launched our API as we do encourage third party development to enhance the casino.

Newest investor and Casino Stats, right now the house is still dominant but we hope soon to have some players come in and help variance and win big.

Site Bankroll: 265,855,042.23 bits
Wagered against bankroll: 4,209,138,741.01 bits
Investor Profit: 44,912,144.21 bits

https://betterbets.io stats:

Bets:   48,518,840
Wagered:   3,330,111,973.65 bits
Bets Profit:   62,502,959.25 bits (1.88%)
Expected Profit:   32,626,966.62 bits (0.98%)

Thank you to our investors for giving Moneypot and BetterBets a chance to provide a progressively larger bankroll, now players can win a little over 2.65 BTC per bet.

As an investor, the best way you can secure your long term investment is by letting people know about the site and our Casino, don't forget you earn 15% affiliate BTC from every player you refer using our affiliate link from the BetterBets.io account tab.

Newest investor and Casino Stats:

Site Bankroll: 285,632,914.20 bits
Wagered against bankroll: 4,918,250,265.55 bits
Investor Profit: 48,537,138.97 bits

https://betterbets.io stats:

Bets:   54,288,801
Wagered:   3,959,483,684.91 bits
Bets Profit:   69,147,045.15 bits (1.75%)
Expected Profit:   38,079,714.50 bits (0.96%)

Thank you to our investors for giving Moneypot and BetterBets a chance to provide a progressively larger bankroll, now players can win a little over 2.85 BTC per bet.

As an investor, the best way you can secure your long term investment is by letting people know about the site and our Casino, don't forget you earn 15% affiliate BTC from every player you refer using our affiliate link from the BetterBets.io account tab.

Newest Promotion is for VIP Cashback see here: https://bitcointalk.org/index.php?topic=1065847.msg12038816#msg12038816

Bits is exremely hard to read... what is this in BTC?

Quote from: statdude on August 06, 2015, 07:41:53 PM

Bits is exremely hard to read... what is this in BTC?

Hello, for example this number from the last post would be:

Bets: 54,288,801
Wagered: 3,959,483,684.91 bits = 3,959 BTC
Bets Profit: 69,147,045.15 bits (1.75%) = 69.14 BTC
Expected Profit: 38,079,714.50 bits (0.96%) =38.07 BTC

Rounded of course, Moneypot has had a few requests to allow the use of Bitcoin/Satoshi vs. BITS and our Casino uses the regular Satoshi method as well.

Newest investor and Casino Stats:

Site Bankroll: 301,305,575.28 bits
Wagered against bankroll: 7,393,544,281.93 bits
Investor Profit: 39,166,624.23 bits

https://betterbets.io stats:

Bets   56,995,709
Wagered   5,656,918,794.11 bits
Bets Profit   73,551,852.48 bits (1.30%)
Expected Profit   52,670,750.61 bits (0.93%)

We had another great week @ BetterBets and achieved the milestone of over 1,000 BTC wagered in a 24 hour time period. Thank you greatly to our players and of course investor's for believing in us and understanding the commitment we have to the Bitcoin Casino industry. Vires in Numeris!

Thank you to our investors for giving Moneypot and BetterBets a chance to provide a progressively larger bankroll, now players can win a little over 3.01 BTC per bet.

As an investor, the best way you can secure your long term investment is by letting people know about the site and our Casino, don't forget you earn 15% affiliate BTC from every player you refer using our affiliate link from the BetterBets.io account tab.

Newest Promotion is for VIP Cashback see here: https://bitcointalk.org/index.php?topic=1065847.msg12038816#msg12038816

Quote from: BetterBets.io on August 08, 2015, 10:52:34 PM

The downside is to investors. The past week, investment return has been dropping by 2-6% a day, essentially tanking. All profit from the last 32 days has now been nulled and a 7% loss has been sustained, and is only growing,

. I'm hoping this turns around at some point.

Quote from: ranlo on August 10, 2015, 03:23:37 PM

Quote from: BetterBets.io on August 08, 2015, 10:52:34 PM

. I'm hoping this turns around at some point.

I understand, but look at it from the opposite perspective, you can see from the OP until now investors were way up as well. Variance is actually closer to expected value and it will probably go in waves over the coming months/years of our business; all we can do is enjoy the ride

Quote from: RHavar on August 13, 2015, 01:16:23 PM

Special investor promotion: until all investors are back in the green, 100% of MPs profit split is going direct to investors. Hopefully this time will give me a chance to evaluate the fairest way going forward.

This will not affect apps, their profit will remain identical (although their investors might be slightly less grumpy)

Investors rejoice, courtesy of the Moneypot team

Newest investor and Casino Stats:

Site Bankroll: 368,060,607.02 bits
Wagered against bankroll: 12,548,687,414.18 bits
Investor Profit: 21,103,727.74 bits

https://betterbets.io stats:

Bets:   61,650,987
Wagered:   10,571,093,339.86 bits
Bets Profit:   97,625,552.80 bits (0.92%)
Expected Profit:   93,903,994.84 bits (0.89%)

Variance has finally shifted (for now) to a more equal level, thank you to our investors for the increased bankroll and allowing over 3.68 max payout per bet.

There was an increase in our Cashback Club payouts for the VIP tiers, we eliminated the house edge reduction because further analysis showed it was becoming a self defeating bonus. We added more bitcoin, and then extra raffle tickets to this bonus, see here:

> 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)