Rmcdermott927 (OP)
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Activity: 2254
Merit: 1140
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August 05, 2015, 05:24:09 AM |
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This looks a lot like luckyb.it, but off chain, so the effective house edge is going to be lower because no tx fees need to be paid for each bet.
Out of curiosity, what is the max bet size that you allow?
The max bet is dependent on the moneypot bankroll at the time of the bet.
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RHavar
Legendary
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Activity: 1530
Merit: 1886
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2015, 05:27:29 AM |
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This looks a lot like luckyb.it, but off chain, so the effective house edge is going to be lower because no tx fees need to be paid for each bet.
Out of curiosity, what is the max bet size that you allow?
If you click "Payout Editor" on their site, it shows the estimated max bets (~1.4 BTC on green, 0.13 on yellow, 0.003 on red). Actually though, these are very conservative estimates (they seem to be based on the simplified kelly, not the generalized kelly that MP uses) especially in the red case but bets of those size should go through no problems. I'll try put together a blog post with some code on the full generalized kelly (multi-outcome, like plinko) as it's pretty hard to come across any good information about it and for things like the max-payout it gets pretty interesting
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Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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ACCTseller
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2015, 03:19:00 AM |
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This looks a lot like luckyb.it, but off chain, so the effective house edge is going to be lower because no tx fees need to be paid for each bet.
Out of curiosity, what is the max bet size that you allow?
If you click "Payout Editor" on their site, it shows the estimated max bets (~1.4 BTC on green, 0.13 on yellow, 0.003 on red). Actually though, these are very conservative estimates (they seem to be based on the simplified kelly, not the generalized kelly that MP uses) especially in the red case but bets of those size should go through no problems. I'll try put together a blog post with some code on the full generalized kelly (multi-outcome, like plinko) as it's pretty hard to come across any good information about it and for things like the max-payout it gets pretty interesting From the looks of it, the tl;dr version is that the max payout/bet is very small. Another question, being that this site is part of moneypot, do I need to trust that the owner of the site is not going to cheat investors if I were to invest, or would I only need to trust moneypot?
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ndnh
Legendary
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Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2015, 03:49:56 AM |
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From the looks of it, the tl;dr version is that the max payout/bet is very small.
Another question, being that this site is part of moneypot, do I need to trust that the owner of the site is not going to cheat investors if I were to invest, or would I only need to trust moneypot?
The payout is not "very small". It is good enough for most of the players at least. But you certainly can't win 100 BTC there in a single bet. But a few Bitcoins is certainly convered by the bankroll. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You need a Moneypot account to play, and so you deposit to Moneypot. The funds are held by Moneypot, so you only have to trust them.However, from Moneypot, a player is to transfer a part of the balance to the app to play, and the app (plinkopot, here) will have control over that funds as long as it remains there. But the risk is still very low. In their own words: Casinos will only get access to the funds you deposit into them. Done with a casino? Then withdraw the money back into your wallet or simply disable the casino. Reminder: Any money you deposit into an app gives it full control over that balance. When an app is enabled, you are allowing this app to access the money you deposit into it until you either disable the app or withdraw the app balance back into your Moneypot wallet. Edit: Sorry since you meant only investors. Moneypot has a global bankroll, so the investment is in Moneypot, and the Moneypot fully controls it. So you need to trust only Moneypot.
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Rmcdermott927 (OP)
Legendary
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Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2015, 04:13:52 AM |
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Current most wagered contest standings.
"cakehorn";3 "chickenliver";1.612 "miningcontracts";1.454875 "ndnhc";1.402856 "jm123";0.35018 "Bjorn";0.26368 "deadlyunknown";0.226019 "wdornbach";0.061844 "Faku";0.059201 "spencertech";0.023501 "lottery248";0.019353 "ambitlons";0.010565 "Traxx";0.007092 "BMF";0.004535 "Ryan";0.004434 "panjul07";0.0044 "zafod";0.002119 "alvarobit";0.001181 "amiryaqot";0.00095 "marian2js";0.00072 "Melonie43";0.000357 "minerray";0.000268 "CoinLeaf";0.000225 "Brixx";0.000146 "bob1810";0.000119 "Creamy";2.5e-05 "biedoteks";2.4e-05 "huggy";1.8e-05 "TheQuicksilver";1.3e-05 "krunox123";1.1e-05 "Hexcoin";4e-06 "sirtoff";4e-06 "Danksta";4e-06 "di3el";4e-06 "dan";3e-06 "marliemae";2e-06 "Psychodelic";2e-06
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crytoboost
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2015, 09:59:57 AM |
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I think you make thread into games and rounds board for this most wagered contest so that is much interesting way to get attention from more players instead of posting into main thread.
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Rmcdermott927 (OP)
Legendary
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Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2015, 12:15:18 PM |
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I think you make thread into games and rounds board for this most wagered contest so that is much interesting way to get attention from more players instead of posting into main thread.
I will do that for the next contest for sure. Thanks for the suggestion.
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Rmcdermott927 (OP)
Legendary
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Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2015, 06:03:18 PM |
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Only 2 1/2 days left to go on the most wagered contest.
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apriyani420
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2015, 06:52:23 PM |
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Only 2 1/2 days left to go on the most wagered contest.
oh i just noticed that there is such competition i really like your game and the whole design i am pretty sure that i will try to win something in your competition
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Rmcdermott927 (OP)
Legendary
Offline
Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 07, 2015, 01:33:35 AM |
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First place remains the same but second and third place is a tight race. Less than 48 hours to go in the most wagered contest. Good luck!
"cakehorn";3 "chickenliver";1.612 "miningcontracts";1.531044 "ndnhc";1.402856 "jm123";0.35018 "Bjorn";0.26368 "deadlyunknown";0.226019 "hunkey61001";0.0635 "wdornbach";0.061844 "Faku";0.059201 "spencertech";0.023501 "lottery248";0.019355 "Bandot";0.0175 "ambitlons";0.010565 "Traxx";0.007092 "BMF";0.004535 "Ryan";0.004434 "panjul07";0.0044 "zafod";0.002119 "alvarobit";0.001254 "amiryaqot";0.00095 "marian2js";0.00072 "Melonie43";0.000357 "minerray";0.000268 "CoinLeaf";0.000225 "Brixx";0.000146 "bob1810";0.000119 "huggy";2.9e-05 "Creamy";2.5e-05 "biedoteks";2.4e-05 "TheQuicksilver";1.3e-05 "krunox123";1.1e-05 "katerniko1";1e-05 "rmcdermott927";5e-06 "Danksta";4e-06 "sirtoff";4e-06 "di3el";4e-06 "Hexcoin";4e-06 "dan";3e-06 "Psychodelic";2e-06 "marliemae";2e-06
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Rmcdermott927 (OP)
Legendary
Offline
Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 07, 2015, 08:47:56 PM |
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Just about 27 hours left in the most wagered contest 100,000 bits up for grabs!
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Rmcdermott927 (OP)
Legendary
Offline
Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2015, 12:58:12 AM |
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Standing as of 00:00.
"cakehorn";3 "miningcontracts";1.93206 "chickenliver";1.612 "ndnhc";1.402856 "jm123";0.35018 "Bjorn";0.26368 "deadlyunknown";0.226019 "hunkey61001";0.0635 "wdornbach";0.061844 "Faku";0.059201 "lottery248";0.057881 "dedidaryana";0.037258 "spencertech";0.023501 "Bandot";0.0175 "ambitlons";0.010565 "Traxx";0.007092 "uri1999";0.00516 "BMF";0.004535 "Ryan";0.004434 "panjul07";0.0044 "zafod";0.002119 "alvarobit";0.001575 "amiryaqot";0.00095 "marian2js";0.00072 "Melonie43";0.000357 "minerray";0.000268 "CoinLeaf";0.000225 "Brixx";0.000146 "bob1810";0.000119 "hulk";5.9e-05 "huggy";4.3e-05 "Creamy";2.5e-05 "biedoteks";2.4e-05 "TheQuicksilver";1.3e-05 "krunox123";1.1e-05 "katerniko1";1e-05 "rmcdermott927";5e-06 "di3el";4e-06 "Danksta";4e-06 "Hexcoin";4e-06 "sirtoff";4e-06 "dan";3e-06 "Psychodelic";2e-06 "marliemae";2e-06
23 hours left to go in the contest. It's a close race at the top!
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Revelation Machine
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2015, 03:48:54 AM |
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Standing as of 00:00.
"cakehorn";3 "miningcontracts";1.93206 "chickenliver";1.612 "ndnhc";1.402856 "jm123";0.35018 "Bjorn";0.26368 "deadlyunknown";0.226019 "hunkey61001";0.0635 "wdornbach";0.061844 "Faku";0.059201 "lottery248";0.057881 "dedidaryana";0.037258 "spencertech";0.023501 "Bandot";0.0175 "ambitlons";0.010565 "Traxx";0.007092 "uri1999";0.00516 "BMF";0.004535 "Ryan";0.004434 "panjul07";0.0044 "zafod";0.002119 "alvarobit";0.001575 "amiryaqot";0.00095 "marian2js";0.00072 "Melonie43";0.000357 "minerray";0.000268 "CoinLeaf";0.000225 "Brixx";0.000146 "bob1810";0.000119 "hulk";5.9e-05 "huggy";4.3e-05 "Creamy";2.5e-05 "biedoteks";2.4e-05 "TheQuicksilver";1.3e-05 "krunox123";1.1e-05 "katerniko1";1e-05 "rmcdermott927";5e-06 "di3el";4e-06 "Danksta";4e-06 "Hexcoin";4e-06 "sirtoff";4e-06 "dan";3e-06 "Psychodelic";2e-06 "marliemae";2e-06
23 hours left to go in the contest. It's a close race at the top!
Please update frequently tomorrow, obviously I'm not going to play more if I don't get passed.
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cazkooo
Legendary
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Activity: 1540
Merit: 1013
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2015, 06:23:15 AM |
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Please update frequently tomorrow, obviously I'm not going to play more if I don't get passed.
He can make a leaderboard that update itself every 30 minutes maybe this can be a good idea for the next wager tournament if you are going to make one. That is better than waiting for 24 hour just to see where you are right now.
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Rmcdermott927 (OP)
Legendary
Offline
Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2015, 06:27:01 AM |
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Standing as of 00:00.
"cakehorn";3 "miningcontracts";1.93206 "chickenliver";1.612 "ndnhc";1.402856 "jm123";0.35018 "Bjorn";0.26368 "deadlyunknown";0.226019 "hunkey61001";0.0635 "wdornbach";0.061844 "Faku";0.059201 "lottery248";0.057881 "dedidaryana";0.037258 "spencertech";0.023501 "Bandot";0.0175 "ambitlons";0.010565 "Traxx";0.007092 "uri1999";0.00516 "BMF";0.004535 "Ryan";0.004434 "panjul07";0.0044 "zafod";0.002119 "alvarobit";0.001575 "amiryaqot";0.00095 "marian2js";0.00072 "Melonie43";0.000357 "minerray";0.000268 "CoinLeaf";0.000225 "Brixx";0.000146 "bob1810";0.000119 "hulk";5.9e-05 "huggy";4.3e-05 "Creamy";2.5e-05 "biedoteks";2.4e-05 "TheQuicksilver";1.3e-05 "krunox123";1.1e-05 "katerniko1";1e-05 "rmcdermott927";5e-06 "di3el";4e-06 "Danksta";4e-06 "Hexcoin";4e-06 "sirtoff";4e-06 "dan";3e-06 "Psychodelic";2e-06 "marliemae";2e-06
23 hours left to go in the contest. It's a close race at the top!
Please update frequently tomorrow, obviously I'm not going to play more if I don't get passed. Will do. I will try and update every 3-4 hours towards the end.
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Revelation Machine
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2015, 06:50:02 AM |
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Standing as of 00:00.
"cakehorn";3 "miningcontracts";1.93206 "chickenliver";1.612 "ndnhc";1.402856 "jm123";0.35018 "Bjorn";0.26368 "deadlyunknown";0.226019 "hunkey61001";0.0635 "wdornbach";0.061844 "Faku";0.059201 "lottery248";0.057881 "dedidaryana";0.037258 "spencertech";0.023501 "Bandot";0.0175 "ambitlons";0.010565 "Traxx";0.007092 "uri1999";0.00516 "BMF";0.004535 "Ryan";0.004434 "panjul07";0.0044 "zafod";0.002119 "alvarobit";0.001575 "amiryaqot";0.00095 "marian2js";0.00072 "Melonie43";0.000357 "minerray";0.000268 "CoinLeaf";0.000225 "Brixx";0.000146 "bob1810";0.000119 "hulk";5.9e-05 "huggy";4.3e-05 "Creamy";2.5e-05 "biedoteks";2.4e-05 "TheQuicksilver";1.3e-05 "krunox123";1.1e-05 "katerniko1";1e-05 "rmcdermott927";5e-06 "di3el";4e-06 "Danksta";4e-06 "Hexcoin";4e-06 "sirtoff";4e-06 "dan";3e-06 "Psychodelic";2e-06 "marliemae";2e-06
23 hours left to go in the contest. It's a close race at the top!
Please update frequently tomorrow, obviously I'm not going to play more if I don't get passed. Will do. I will try and update every 3-4 hours towards the end. The most important update would be ~30 min before the contest is over.
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Rmcdermott927 (OP)
Legendary
Offline
Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2015, 02:34:02 PM |
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Current leaderboard.
"miningcontracts";5.637293 "cakehorn";3 "ndnhc";1.960329 "chickenliver";1.612 "jm123";0.35018 "Bjorn";0.26368 "deadlyunknown";0.226019 "hunkey61001";0.0635 "wdornbach";0.061844 "lottery248";0.059504 "Faku";0.059201 "bitcoingg";0.049026 "dedidaryana";0.037258 "spencertech";0.023501 "Bandot";0.0175 "ambitlons";0.010565 "Traxx";0.007092 "uri1999";0.00516 "BMF";0.004535 "Ryan";0.004434 "panjul07";0.0044 "zafod";0.002119 "alvarobit";0.001686 "amiryaqot";0.00095 "marian2js";0.00072 "Melonie43";0.000357 "minerray";0.000268 "CoinLeaf";0.000225 "Brixx";0.000146 "bob1810";0.000119 "hulk";5.9e-05 "huggy";4.3e-05 "Creamy";2.5e-05 "biedoteks";2.4e-05 "TheQuicksilver";1.3e-05 "krunox123";1.1e-05 "katerniko1";1e-05 "rmcdermott927";5e-06 "di3el";4e-06 "sirtoff";4e-06 "Danksta";4e-06 "Hexcoin";4e-06 "dan";3e-06 "marliemae";2e-06 "Psychodelic";2e-06
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katerniko1
Legendary
Offline
Activity: 966
Merit: 1000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2015, 02:38:32 PM |
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Most Wagered Tournament August 3rd 2015 00:00 UTC to August 9th 2015 00:00 UTC100,000 Bits in Prizes Payouts as follows: 1st Prize: 70,000 Bits 2nd Prize: 20,000 Bits 3rd Prize: 10,000 Bits https://plinkopot.comits very nice tournoment but i can't compete anyone there :/ still good luck to everyone who is trying to take it over and win prize (i suck at that game but that is good for owners ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) regards. -Katerniko1
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Rmcdermott927 (OP)
Legendary
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Activity: 2254
Merit: 1140
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 08, 2015, 04:07:26 PM |
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Less than 8 hours left. Contest ends at 00:00. Expect regular updates on stats.
"miningcontracts";5.637293 "cakehorn";3 "ndnhc";1.960329 "chickenliver";1.612 "jm123";0.35018 "Bjorn";0.26368 "deadlyunknown";0.226019 "hunkey61001";0.0635 "wdornbach";0.061844 "lottery248";0.059504 "Faku";0.059201 "bitcoingg";0.049026 "dedidaryana";0.037258 "spencertech";0.023501 "Bandot";0.0175 "ambitlons";0.010565 "Traxx";0.007092 "uri1999";0.00516 "BMF";0.004535 "Ryan";0.004434 "panjul07";0.0044 "zafod";0.002119 "alvarobit";0.001686 "amiryaqot";0.00095 "marian2js";0.00072 "Melonie43";0.000357 "minerray";0.000268 "CoinLeaf";0.000225 "Brixx";0.000146 "bob1810";0.000119 "hulk";5.9e-05 "huggy";4.3e-05 "Creamy";2.5e-05 "biedoteks";2.4e-05 "TheQuicksilver";1.3e-05 "krunox123";1.1e-05 "katerniko1";1e-05 "rmcdermott927";5e-06 "di3el";4e-06 "sirtoff";4e-06 "Danksta";4e-06 "Hexcoin";4e-06 "dan";3e-06 "marliemae";2e-06 "Psychodelic";2e-06
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