PlinkoPot.com V2.0 BTC Plinko - <1% House Edge - Rewards - 999x Jackpot

[ndnh]

For me, the plinko board takes half of the screen and the bet box and chat lotto takes the other half. The former is a bit smaller to my liking.

How about making it 75:25? Bigger plinko board, and width of the boxes reduced by half?

[Rmcdermott927]

So heres a bit of an explanation of all of the recent changes made to our system.

• Partial private bankroll:   We use the Kelly Criterion to determine whether our bankroll can handle a bet.   If we can, we process the bet using a virtually identical provably fair system to Moneypot's.   Bets from us can be verified in the same way.   In your list of bets, if a bet from us has a -L next to it, it was processed by plinkopot.com.
• Moneypot bankroll:  In the event that the house bankroll can not handle a bet, it is pushed to moneypot and processed by their much larger bankroll.  If your bet has a -MP next to it, moneypot.com handled that bet.
• Social Design: Everyone seees every bet that is played.   It will harbor a community aspect and make plinkopot.com more fun than ever before.
• Chat Rewards: For users that are actively playing and actively chatting, there will be a great rewards system.   If you have wagered over 2000 bits and chatted in the last 10 minutes, there is a 75% of getting a reward.    Rewards are weighted.    If 2 users meet the criteria for a reward, their reward will be proportional to the amount each has wagered.   In other words, if User 1 bets 10k bits and User 2 bets 90k bits, User 1 will get 10% of the total reward and User 2 will get 90%
• New Design: Plinkopot.com looks great!   The graphics are greatly improved with V2.

Thanks to all of our players.   We hope to see you at the pyramid soon!

[Rmcdermott927]

Come on down!   If you wager 2000 bits or more in a 10 minute period, you have a 75% chance of winning a prize from our chat bot.

[ranlo]

Come on down!   If you wager 2000 bits or more in a 10 minute period, you have a 75% chance of winning a prize from our chat bot.

Awesome change to the chat bot! I like the proportional setup, rather than being random. But how does it determine the total payout?

[Rmcdermott927]

Come on down!   If you wager 2000 bits or more in a 10 minute period, you have a 75% chance of winning a prize from our chat bot.

Awesome change to the chat bot! I like the proportional setup, rather than being random. But how does it determine the total payout?

It's a random amount between the minimum I set and the maximum I set.   I'm playing around with it to find a nice equilibrium between rewarding players and costing me money, lol.

[ranlo]

Come on down!   If you wager 2000 bits or more in a 10 minute period, you have a 75% chance of winning a prize from our chat bot.

Awesome change to the chat bot! I like the proportional setup, rather than being random. But how does it determine the total payout?

It's a random amount between the minimum I set and the maximum I set.   I'm playing around with it to find a nice equilibrium between rewarding players and costing me money, lol.

I was thinking a good idea would be... if you can calculate your profit somehow, take x% of the profit as min/max so you can never LOSE money as a result.

[Rmcdermott927]

Come on down!   If you wager 2000 bits or more in a 10 minute period, you have a 75% chance of winning a prize from our chat bot.

Awesome change to the chat bot! I like the proportional setup, rather than being random. But how does it determine the total payout?

It's a random amount between the minimum I set and the maximum I set.   I'm playing around with it to find a nice equilibrium between rewarding players and costing me money, lol.

I was thinking a good idea would be... if you can calculate your profit somehow, take x% of the profit as min/max so you can never LOSE money as a result.

Yeah, that was the initial plan, but there are some times I actually want to lose much such as special promotions, etc.  Also, the math gets a bit more complicated because we are not using strictly the MP bankroll anymore.   We hold our own bankroll as well, and if a bet does not meet Kelly by our bankroll standards, it is then pushed to MP.

[Erza]

That means your chat reward will not be random like usual site? But for a big whale it is good but how about for usual people? They doesnt have a chance to get the reward from chat lotto?

[Rmcdermott927]

That means your chat reward will not be random like usual site? But for a big whale it is good but how about for usual people? They doesnt have a chance to get the reward from chat lotto?

I don't think a 2000 bits minimum wagered requirement quite means someone needs to be a whale.   Thats the equivalent of $1 USD

[acharias]

There are hardly any people betting on the website. I've checked a few times but it's always dead :/

[Rmcdermott927]

There are hardly any people betting on the website. I've checked a few times but it's always dead :/

Well, we just launched the new site a day ago.  I will be running some promotions soon and there will be plenty of players.  We have one of the best plinko house edge's around, that is our main goal.

[acharias]

There are hardly any people betting on the website. I've checked a few times but it's always dead :/

Well, we just launched the new site a day ago.  I will be running some promotions soon and there will be plenty of players.  We have one of the best plinko house edge's around, that is our main goal.

That might explain! What kind of promos are you running?

[Rmcdermott927]

There are hardly any people betting on the website. I've checked a few times but it's always dead :/

Well, we just launched the new site a day ago.  I will be running some promotions soon and there will be plenty of players.  We have one of the best plinko house edge's around, that is our main goal.

That might explain! What kind of promos are you running?

I honestly haven't decided yet.   Either a most wagered contest, or a highest multiplier contest of some sort(or combination of the two).  I'll talk to my partner about it and get come up with a date in the next few days.

[Erza]

That means your chat reward will not be random like usual site? But for a big whale it is good but how about for usual people? They doesnt have a chance to get the reward from chat lotto?

I don't think a 2000 bits minimum wagered requirement quite means someone needs to be a whale.   Thats the equivalent of $1 USD

Yeah I know 2000 bits is not that much but if whale drop more than 2000 bits it means that they have a bigger chance right? So other users will never get that chat reward. That is what I mean because you say this so if you wagered more you will have higher chance to win the reward?

 If you have wagered over 2000 bits and chatted in the last 10 minutes, there is a 75% of getting a reward.

[Rmcdermott927]

That means your chat reward will not be random like usual site? But for a big whale it is good but how about for usual people? They doesnt have a chance to get the reward from chat lotto?

I don't think a 2000 bits minimum wagered requirement quite means someone needs to be a whale.   Thats the equivalent of $1 USD

Yeah I know 2000 bits is not that much but if whale drop more than 2000 bits it means that they have a bigger chance right? So other users will never get that chat reward. That is what I mean because you say this so if you wagered more you will have higher chance to win the reward?

 If you have wagered over 2000 bits and chatted in the last 10 minutes, there is a 75% of getting a reward.

No, its proportional, everyone gets the reward, but they get a percentage of it proportional to what they wagered.

[Rmcdermott927]

We just had a user hit 165x on Blue.   Now lets see someone hit 999x!!!

https://www.moneypot.com/bets/9049612

[Rmcdermott927]

Bump, come on down and play!

[panjul07]

I see there is a leaderboard contest under the leaderboard tab which will start few hours to go but I dont see any announcement of it. Did I miss something?Any more details about it such as the prizes, the winners?

[Rmcdermott927]

I see there is a leaderboard contest under the leaderboard tab which will start few hours to go but I dont see any announcement of it. Did I miss something?Any more details about it such as the prizes, the winners?

I am currently testing the leaderboard,    Announcement will come soon.

[Rmcdermott927]

Just looking for opinions here.   What do you feel is the best length for a most wagered contest?   1 week?   3 days?