🌟🎲🌟 MoneyPot.com

[RHavar]

Awesome news! Great to see something happening!

I have two questions:

[ MoneyPot will soon be able to offer users a positive fixed interest rate on their invested funds for risk-free growth ]

How can you offer that? If the casino uses investor money to increase the site bankroll, you would increase the casinos-risk, while lowering it's profit. For instance, imagine if someone invested 1k BTC. It doesn't make sense to increase the max-bets, because you can't lose that 1k BTC (unlike a normal investment)

2/18/2016: Investor Commission changed from previous 0% to 0.2% of all wagered

What does that mean? If someone places a 0.1% house-edge bet, what is the investor commissions? Also are investors bets still kelly-compliant when taking into consideration the new investor commission?

[Footy]

Looks like a pretty cool idea.  Good luck!

[DeathAngel]

This genuinely looks really, really good. Pretty cool service, I will 100% be interested once this is fully up & running.

[Everybitbit]

moneypot new look really nice, the new design is cool, look neat and easy to see.
when we expect this official launch? hope it will launch very soon

[JackpotRacer]

............... The House edge for all sites are being changed to 0.49% house edge minimum to allow investor's a safer investment.  These bets will be kelly compliant until the new investment option and caps comes into place. 

thanks to Ryan for the questions

please explain a bit more what formula you will use after the new investment option and caps comes into place? cause it looks to me that then the bets will not be kelly compliant

[JackpotRacer]

Moneypot will be fully responsible for all of the funds and won't use outside funds to cover or makeup any losses

interesting! you are not accepting investor money as it was before?

[crytoboost]

I am curios to know about list of altcoins which coins are into the list which will be available there in upcoming update, anyway that is good news for bag holders of altcoins.

[Mitchell]

MoneyPot S.L.R. is a fully incorporated Costa Rican gaming company (License No. 3-102-700828)

I see that the footer hasn't changed yet. Does this still hold true? And if so, did you buy the company from RHavar as well? If not, please remove it as it is misleading.

[moneypot]

Hi all, we are conducting maintenance and are pushing an update to our API server, this means that bets will not be able to be placed for the short term. We expect the maintenance to be completed within the next few hours. Thank you for your patience 


As to some of the questions above:

Moneypot will be fully responsible for all of the funds and won't use outside funds to cover or makeup any losses

interesting! you are not accepting investor money as it was before?

We will still be accepting money as before, just an additional option will be added. More information on this will be released within the next couple weeks.

I am curios to know about list of altcoins which coins are into the list which will be available there in upcoming update, anyway that is good news for bag holders of altcoins.

Right now we are just planning on adding Rubies, however we are considering other large cap coins.

MoneyPot S.L.R. is a fully incorporated Costa Rican gaming company (License No. 3-102-700828)

I see that the footer hasn't changed yet. Does this still hold true? And if so, did you buy the company from RHavar as well? If not, please remove it as it is misleading.

That is correct, we did not purchase the S.L.R., e will be removing the license from the footer shortly. Also, there is no such thing as a Costa Rican gaming license, Costa Rica does not offer gaming licenses but they also do not prohibit gaming. 

[Mitchell]

That is correct, we did not purchase the S.L.R., e will be removing the license from the footer shortly. Also, there is no such thing as a Costa Rican gaming license, Costa Rica does not offer gaming licenses but they also do not prohibit gaming.

What are you implying / what do you mean exactly? I know that the license exists and is correct, as I've seen it myself. Just trying to get miscommunication out of the way here.

EDIT: Rewrote my post as it was a bit to much.

[Emerge]

Hi all, we are conducting maintenance and are pushing an update to our API server, this means that bets will not be able to be placed for the short term. We expect the maintenance to be completed within the next few hours. Thank you for your patience  


As to some of the questions above:

Moneypot will be fully responsible for all of the funds and won't use outside funds to cover or makeup any losses

interesting! you are not accepting investor money as it was before?

We will still be accepting money as before, just an additional option will be added. More information on this will be released within the next couple weeks.

I am curios to know about list of altcoins which coins are into the list which will be available there in upcoming update, anyway that is good news for bag holders of altcoins.

Right now we are just planning on adding Rubies, however we are considering other large cap coins.

MoneyPot S.L.R. is a fully incorporated Costa Rican gaming company (License No. 3-102-700828)

I see that the footer hasn't changed yet. Does this still hold true? And if so, did you buy the company from RHavar as well? If not, please remove it as it is misleading.

That is correct, we did not purchase the S.L.R., e will be removing the license from the footer shortly. Also, there is no such thing as a Costa Rican gaming license, Costa Rica does not offer gaming licenses but they also do not prohibit gaming.  

That is correct, we did not purchase the S.L.R., e will be removing the license from the footer shortly. Also, there is no such thing as a Costa Rican gaming license, Costa Rica does not offer gaming licenses but they also do not prohibit gaming.

What are you implying / what do you mean exactly? I know that the license exists and is correct, as I've seen it myself. Just trying to get miscommunication out of the way here.

EDIT: Rewrote my post as it was a bit to much.

To clear things up, all they had to do was to purchase a business license in Costa Rica as they don't have any regulations regarding E-Gaming and Money.
There is in fact a gaming license though, as in for operating an online gaming application business but that's not what we're talking about here.

[LFC_Bitcoin]

This service definitely looks good, spot on to be honest. I love the design but I'll probably wait a little while until it's been open a bit so I don't experience any bugs or issues.

[moneypot]

That is correct, we did not purchase the S.L.R., e will be removing the license from the footer shortly. Also, there is no such thing as a Costa Rican gaming license, Costa Rica does not offer gaming licenses but they also do not prohibit gaming.

What are you implying / what do you mean exactly? I know that the license exists and is correct, as I've seen it myself. Just trying to get miscommunication out of the way here.

EDIT: Rewrote my post as it was a bit to much.

Not implying anything, Emerge is spot on on what he said, Costa Rica does not require e-gaming companies to have a special license.

This service definitely looks good, spot on to be honest. I love the design but I'll probably wait a little while until it's been open a bit so I don't experience any bugs or issues.

We have already been open for a few months (and before we took over it was ran for 7 months), we are glad you like the design!

[Emerge]

@ New MoneyPot Team:

I have a little suggestion for you, since you're already offering a casino API with MoneyPot,
why not turn MoneyPot into an actual GAMING API, so you can allow users to make more than
just casinos.. There could be network-wide premium currency (or bits itself) which players could
use to either transact within the game, to pay to PLAY the game, and MoneyPot could maybe take
fees from App Developer's users for using the API, instead of the App Developer..

Just my 2 bits.

If you can't work on this, I'd like to maybe experiment, learn a bit more and work on it myself

[BetterBets.io]

@ New MoneyPot Team:

I have a little suggestion for you, since you're already offering a casino API with MoneyPot,
why not turn MoneyPot into an actual GAMING API, so you can allow users to make more than
just casinos.. There could be network-wide premium currency (or bits itself) which players could
use to either transact within the game, to pay to PLAY the game, and MoneyPot could maybe take
fees from App Developer's users for using the API, instead of the App Developer..

Just my 2 bits.

If you can't work on this, I'd like to maybe experiment, learn a bit more and work on it myself

This is a very interesting idea I like the idea of flexibility if it's feasible for cost development.

[Emerge]

@ New MoneyPot Team:

I have a little suggestion for you, since you're already offering a casino API with MoneyPot,
why not turn MoneyPot into an actual GAMING API, so you can allow users to make more than
just casinos.. There could be network-wide premium currency (or bits itself) which players could
use to either transact within the game, to pay to PLAY the game, and MoneyPot could maybe take
fees from App Developer's users for using the API, instead of the App Developer..

Just my 2 bits.

If you can't work on this, I'd like to maybe experiment, learn a bit more and work on it myself

This is a very interesting idea I like the idea of flexibility if it's feasible for cost development.

If Moneypot doesn't work on this I definitely will.
I'll find a way to make it feasible, the legitimate e-gaming market
is untapped, and cryptocurrency IMO should've been the way to do so

[elm]

@ New MoneyPot Team:

I have a little suggestion for you, since you're already offering a casino API with MoneyPot,
why not turn MoneyPot into an actual GAMING API, so you can allow users to make more than
just casinos.. There could be network-wide premium currency (or bits itself) which players could
use to either transact within the game, to pay to PLAY the game, and MoneyPot could maybe take
fees from App Developer's users for using the API, instead of the App Developer..

Just my 2 bits.

If you can't work on this, I'd like to maybe experiment, learn a bit more and work on it myself

very good idea!

[VegasCasinoBits]

Thanks Doge! good to know all its fine agin ^^

[BetterBets.io]

@ New MoneyPot Team:

I have a little suggestion for you, since you're already offering a casino API with MoneyPot,
why not turn MoneyPot into an actual GAMING API, so you can allow users to make more than
just casinos.. There could be network-wide premium currency (or bits itself) which players could
use to either transact within the game, to pay to PLAY the game, and MoneyPot could maybe take
fees from App Developer's users for using the API, instead of the App Developer..

Just my 2 bits.

If you can't work on this, I'd like to maybe experiment, learn a bit more and work on it myself

This is a very interesting idea I like the idea of flexibility if it's feasible for cost development.

If Moneypot doesn't work on this I definitely will.
I'll find a way to make it feasible, the legitimate e-gaming market
is untapped, and cryptocurrency IMO should've been the way to do so

Ok please keep us posted if you do work on this and get to the testing point we may be able to help, great ideas!

[moneypot]

We are done with maintenance now. Please generate a new deposit address before depositing. Sorry for the delays!

New site design should be up sometime next week