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Author Topic: Moneypot just took a huge loss?  (Read 7588 times)
Sir_lagsalot (OP)
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January 29, 2016, 10:42:51 AM
 #1

Sorry guys, I don't know how long it's been this way, as I don't check up on my investment that frequently, (They're mebbr to be long term, so I have an excuse for not checking every few days, alright?) But I've recently found my invested 0.1 turned to dust. Not a very encouraging thing, at 3 AM.

So, how long has it been like this? Does anyone know who won this big amount? Or was there a glitch allowing gamblers to bet with a negative house edge? Grin

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January 29, 2016, 11:03:33 AM
 #2

Pretty much this
I was actually thinking of investing and noticed in the last hour it went from +16 to -36. Someone hit a nice bet for sure.
Yes i think he is so lucky can't find where he won that much, Investor are in total loss now after being in profit for almost year. Investing in a gambling site seems also risky like doing gambling.

It has certainly shown me the potential risks involved. I think the issue stems from such a small bankroll currently.

Moneypot has been in the negatives multiple times over the past year. Even sites like JD got hit once by a whale (look up the Nakowa situation), which took months to recover from. Welcome to variance.

What app was the big win in? I can not seem to find where someone did so well.

Plinkopot. Info here: https://www.moneypot.com/users/moneypity
Down with plinkopot  Tongue
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January 29, 2016, 11:06:35 AM
 #3

Sorry guys, I don't know how long it's been this way, as I don't check up on my investment that frequently, (They're mebbr to be long term, so I have an excuse for not checking every few days, alright?) But I've recently found my invested 0.1 turned to dust. Not a very encouraging thing, at 3 AM.

So, how long has it been like this? Does anyone know who won this big amount? Or was there a glitch allowing gamblers to bet with a negative house edge? Grin

Don't know what exactly the issue is here.

Right now the profit shows : Investor Profit:    -27,307,361 bits
May be the investor profit was reset under new ownership? (It was like 100BTC last time I checked)
But in either case, 0.1BTC won't turn to dust..


Or is it that you were not aware of the change?
MoneyPot.com is under new ownership. All old balances and sensitive information is with the old owner (rhavar) at mp.bustabit.com You can login here with your old moneypot account as well.

You can log in on mp.bustabit.com and check if you have the balance.


Edit: Or because of the big win,  Shocked Shocked if you meant dust to be like 0.04-0.06 of the 0.1.
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January 29, 2016, 11:12:02 AM
 #4

Pretty much this
I was actually thinking of investing and noticed in the last hour it went from +16 to -36. Someone hit a nice bet for sure.
Yes i think he is so lucky can't find where he won that much, Investor are in total loss now after being in profit for almost year. Investing in a gambling site seems also risky like doing gambling.

It has certainly shown me the potential risks involved. I think the issue stems from such a small bankroll currently.

Moneypot has been in the negatives multiple times over the past year. Even sites like JD got hit once by a whale (look up the Nakowa situation), which took months to recover from. Welcome to variance.

What app was the big win in? I can not seem to find where someone did so well.

Plinkopot. Info here: https://www.moneypot.com/users/moneypity
Down with plinkopot  Tongue

damn, big won , investor profit on money pot down to -27 btc
Sir_lagsalot (OP)
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January 29, 2016, 11:20:34 AM
 #5

Sorry guys, I don't know how long it's been this way, as I don't check up on my investment that frequently, (They're mebbr to be long term, so I have an excuse for not checking every few days, alright?) But I've recently found my invested 0.1 turned to dust. Not a very encouraging thing, at 3 AM.

So, how long has it been like this? Does anyone know who won this big amount? Or was there a glitch allowing gamblers to bet with a negative house edge? Grin

Don't know what exactly the issue is here.

Right now the profit shows : Investor Profit:    -27,307,361 bits
May be the investor profit was reset under new ownership? (It was like 100BTC last time I checked)
But in either case, 0.1BTC won't turn to dust..


Or is it that you were not aware of the change?
MoneyPot.com is under new ownership. All old balances and sensitive information is with the old owner (rhavar) at mp.bustabit.com You can login here with your old moneypot account as well.

You can log in on mp.bustabit.com and check if you have the balance.


Edit: Or because of the big win,  Shocked Shocked if you meant dust to be like 0.04-0.06 of the 0.1.

Yes, dust as in more than half of my investment gone. I am well aware of the ownership changed, and as soon as mp.bustabit came online I withdrew and deposited into the new moneypot. I originally ended up somewhere like 0.12 which was great, so I left it to its own business and its practically nothing now to me.

I still want it though, don't ask me for it Smiley
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January 29, 2016, 11:23:21 AM
 #6

Wow! Turns out that this guy: https://www.moneypot.com/users/moneypity won 55 btc on plinko. Impressive feat. He joined but a few hours ago. I joined multiple hours ago and i'm a couple of hundered thousands down...
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January 29, 2016, 11:27:53 AM
 #7

Pretty much this
I was actually thinking of investing and noticed in the last hour it went from +16 to -36. Someone hit a nice bet for sure.
Yes i think he is so lucky can't find where he won that much, Investor are in total loss now after being in profit for almost year. Investing in a gambling site seems also risky like doing gambling.

It has certainly shown me the potential risks involved. I think the issue stems from such a small bankroll currently.

Moneypot has been in the negatives multiple times over the past year. Even sites like JD got hit once by a whale (look up the Nakowa situation), which took months to recover from. Welcome to variance.

What app was the big win in? I can not seem to find where someone did so well.

Plinkopot. Info here: https://www.moneypot.com/users/moneypity
Down with plinkopot  Tongue

damn, big won , investor profit on money pot down to -27 btc

Wow....That's a pretty big wig win.  I'm glad I pulled out just before ownership changed hands.  Is it real?  Or, is it some sort of typo..Huh..investor profit negative 27 BTC?   So, does that mean the investors still owe 27 BTC?  I don't quite understand the ramification of it all.  Does the winner OWN moneypot.com now?  
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January 29, 2016, 11:47:18 AM
 #8

Pretty much this
I was actually thinking of investing and noticed in the last hour it went from +16 to -36. Someone hit a nice bet for sure.
Yes i think he is so lucky can't find where he won that much, Investor are in total loss now after being in profit for almost year. Investing in a gambling site seems also risky like doing gambling.

It has certainly shown me the potential risks involved. I think the issue stems from such a small bankroll currently.

Moneypot has been in the negatives multiple times over the past year. Even sites like JD got hit once by a whale (look up the Nakowa situation), which took months to recover from. Welcome to variance.

What app was the big win in? I can not seem to find where someone did so well.

Plinkopot. Info here: https://www.moneypot.com/users/moneypity
Down with plinkopot  Tongue

damn, big won , investor profit on money pot down to -27 btc

Wow....That's a pretty big wig win.  I'm glad I pulled out just before ownership changed hands.  Is it real?  Or, is it some sort of typo..Huh..investor profit negative 27 BTC?   So, does that mean the investors still owe 27 BTC?  I don't quite understand the ramification of it all.  Does the winner OWN moneypot.com now?  

It just means that the investor bankroll has lost 27% (which will make the max bet lower as well.

Also, it looks like hes down 12 btc on dustdice.

Bankroll:    105,004,937 bits
Wagered:  2,057,379,113 bits
Investor Profit:    -27,281,233 bits
Bets:     18,664,467     

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January 29, 2016, 11:47:37 AM
 #9

Wow....That's a pretty big wig win.  I'm glad I pulled out just before ownership changed hands.  Is it real?  Or, is it some sort of typo..Huh..investor profit negative 27 BTC?   So, does that mean the investors still owe 27 BTC?  I don't quite understand the ramification of it all.  Does the winner OWN moneypot.com now?  
Lol no. Just means investors lost 27 BTC , from what I've seen, about 30% of bankroll was lost. Will take at least a few months to recover but bankroll will get to the spot it was before this win eventually.
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January 29, 2016, 11:51:22 AM
 #10

...Will take at least a few months to recover...

Maybe.

Or maybe he'll give it all back and then some in the next 20 minutes.




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January 29, 2016, 11:51:53 AM
 #11

Wow....That's a pretty big wig win.  I'm glad I pulled out just before ownership changed hands.  Is it real?  Or, is it some sort of typo..Huh..investor profit negative 27 BTC?   So, does that mean the investors still owe 27 BTC?  I don't quite understand the ramification of it all.  Does the winner OWN moneypot.com now?  
Lol no. Just means investors lost 27 BTC , from what I've seen, about 30% of bankroll was lost. Will take at least a few months to recover but bankroll will get to the spot it was before this win eventually.

a few months to recover 27 BTC? we had a player not long ago who lost 15 BTC in 2 short sessions

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January 29, 2016, 11:54:12 AM
 #12

...Will take at least a few months to recover...

Maybe.

Or maybe he'll give it all back and then some in the next 20 minutes.




If you had won such a big amount of bitcoins, would you return it?
I don't think so  Roll Eyes

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January 29, 2016, 12:00:35 PM
 #13

...Will take at least a few months to recover...

Maybe.

Or maybe he'll give it all back and then some in the next 20 minutes.




If you had won such a big amount of bitcoins, would you return it?
I don't think so  Roll Eyes

it looks to me that you are not a gambler and if I am right you can't win such an amount. only a gambler can win such an amount
and because of this fact he can lose an amount like this very easily. easy come easy go
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January 29, 2016, 12:02:09 PM
 #14

Well, anybody who bets all maniac like that on games with a house edge is bound to throw it all back sooner or later...variance is a sour apple at times.  It's easy come and easy go in the minds of those who have the bug.  But, wow...it looked like investors were just cruising for awhile there...now a third of their investment gone! Ouch!  
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January 29, 2016, 12:17:03 PM
 #15

...Will take at least a few months to recover...

Maybe.

Or maybe he'll give it all back and then some in the next 20 minutes.




If you had won such a big amount of bitcoins, would you return it?
I don't think so  Roll Eyes

I might.

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January 29, 2016, 12:18:47 PM
 #16

Hopefully he goes full maniac on my site bubblesbit Smiley

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twister
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January 29, 2016, 01:00:39 PM
 #17

...Will take at least a few months to recover...

Maybe.

Or maybe he'll give it all back and then some in the next 20 minutes.




If you had won such a big amount of bitcoins, would you return it?
I don't think so  Roll Eyes

I have seen people win 100s of BTC on gambling sites and lose them same day after couple of hours. So sooner or later the house will make up the losses and investor's money with it.

The house always wins, right?

 

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panjul07
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January 29, 2016, 01:01:18 PM
 #18

...Will take at least a few months to recover...

Maybe.

Or maybe he'll give it all back and then some in the next 20 minutes.


Hope he wont be greedy to put it all back to try to gain more and more profit. If I was him, I would prefer to cash out 90% of the profit or even more then continue to play just for fun. Smiley

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DeathAngel
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January 29, 2016, 01:04:08 PM
 #19

Well, anybody who bets all maniac like that on games with a house edge is bound to throw it all back sooner or later...variance is a sour apple at times.  It's easy come and easy go in the minds of those who have the bug.  But, wow...it looked like investors were just cruising for awhile there...now a third of their investment gone! Ouch!  

Yep, anybody who bets huge amounts at 98% or whatever will win lots but all it takes is one unlucky go & BOOM, all gone.

The house always wins in the end, it's basic math.

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tommygunyeah
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January 29, 2016, 01:06:53 PM
 #20

Well, anybody who bets all maniac like that on games with a house edge is bound to throw it all back sooner or later...variance is a sour apple at times.  It's easy come and easy go in the minds of those who have the bug.  But, wow...it looked like investors were just cruising for awhile there...now a third of their investment gone! Ouch!  

Yep, anybody who bets huge amounts at 98% or whatever will win lots but all it takes is one unlucky go & BOOM, all gone.

The house always wins in the end, it's basic math.

Eventually the house will always win. We all know that. The fact is that the house may be rigged, and then it might end up being profitable, after all...
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