🌟🎲🌟 MoneyPot.com

[DarkStar_]

Investor Profit is now at 180.9 btc, which I believe is an all-time high. Congrats to every investor and MP.

Wow, congrats to everyone who invested! Too bad a lot of Bitcoin are now in the bankroll, making the profit for each investor smaller. I regret not investing a few weeks ago, or maybe longer when the profit was at 100 Bitcoin since I thought that it would go down more. Guess not!
 

All that being said, still though...137 BTC is nearly $70,000 lost :-P Even if that was over 10 minutes or 10 months it'd still suck so bad, but I guess the size of the loss is directly proportional to the size of the bankroll

It is from a lot of people though. Usually the whales who bet tens of Bitcoin at a time can afford to lose it for whatever reason, like being an early investor.

[ranlo]

Investor Profit is now at 180.9 btc, which I believe is an all-time high. Congrats to every investor and MP.

Wow, congrats to everyone who invested! Too bad a lot of Bitcoin are now in the bankroll, making the profit for each investor smaller. I regret not investing a few weeks ago, or maybe longer when the profit was at 100 Bitcoin since I thought that it would go down more. Guess not!
 

All that being said, still though...137 BTC is nearly $70,000 lost :-P Even if that was over 10 minutes or 10 months it'd still suck so bad, but I guess the size of the loss is directly proportional to the size of the bankroll

It is from a lot of people though. Usually the whales who bet tens of Bitcoin at a time can afford to lose it for whatever reason, like being an early investor.

It's never too late to get involved, though. Bigger BR just means bigger whales can take part, so you still have the chance to get large gains.

[BTCforJoe]

All that being said, still though...137 BTC is nearly $70,000 lost :-P Even if that was over 10 minutes or 10 months it'd still suck so bad, but I guess the size of the loss is directly proportional to the size of the bankroll

I don't think you understand how this works. He has not lost 137BTC, or deposited that much; that just means that he has wagered that amount. Even if you start with 1BTC, you could easily end up wagering multiple amounts of BTC with that single deposit. Does that make sense? You use the same btc you started with, but every time you bet, win or lose, gets added to the amount wagered.

Whoops, sorry, I thought he had wagered that amount; I should have paid attention to the details before replying lol. You would be correct, that he has lost 137BTC (now it's over 138BTC), but that was from the total amount that he has bet. It's not that he lost 137BTC from his wallet, but from even the accumulated winnings that he has had. Does that make sense? It's the same principle as I detailed above, but for your overall loss, instead of the amount wagered.

EDITED because of my lack of ability to pay attention to details.

[ranlo]

All that being said, still though...137 BTC is nearly $70,000 lost :-P Even if that was over 10 minutes or 10 months it'd still suck so bad, but I guess the size of the loss is directly proportional to the size of the bankroll

I don't think you understand how this works. He has not lost 137BTC, or deposited that much; that just means that he has wagered that amount. Even if you start with 1BTC, you could easily end up wagering multiple amounts of BTC with that single deposit. Does that make sense? You use the same btc you started with, but every time you bet, win or lose, gets added to the amount wagered.

Net profit is how much he's earned or lost. He has, in fact, lost 137+ BTC. His wagered is actually 6,263+.

[Helix61be]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

[BigMac]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

It depends on the house edge. For a bet with x% of house edge, the max profit allowed would be BR * x%. For example, the bankroll is 757 btc at this moment, and you could at most bet 7.57 btc on x2 at a 1% site (eg Betterbets).

[B_UN1T]

Biggest bet you can done is with a House edge at 84,7%

Maxbet is something like 0.07btc and if you win 0.07x9999 BAM Goodbye MP

Same can be done a bit higher with 0.7 but only x999 (98.48%Edge)

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

There is a fking DICE app at mp that have a 3% edge and maxpayout is ~ 24BTC

[DarkStar_]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

[Helix61be]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

I thought they used Kelly, i am invested pretty Big in mp but this Sounds kinda scary, i was with Satoshidice before and i saw these very unlikely bets Win from time to time

[DarkStar_]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

I thought they used Kelly, i am invested pretty Big in mp but this Sounds kinda scary, i was with Satoshidice before and i saw these very unlikely bets Win from time to time

They do use the kelly, but it's at 3.333x the kelly I believe. I really doubt anyone would bother betting at a huge disadvantage, just to try to wipe out moneypot. A 2x bet with a 99.99% edge has a ~0.5% chance of winning. I did a test bet on my MP dice site and rose the edge to 99%, and this was what I got: https://www.moneypot.com/bets/208175503   Someone would be stupid to try and do it, since you would be better off hunting a 100-200 multiplier with a 1% edge. The risk is very high for the gambler.
Do some testing with it if you want, will lower it back to a 0.1% edge later. darkstarftw.github.io if your interested.

[Helix61be]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

I thought they used Kelly, i am invested pretty Big in mp but this Sounds kinda scary, i was with Satoshidice before and i saw these very unlikely bets Win from time to time

They do use the kelly, but it's at 3.333x the kelly I believe. I really doubt anyone would bother betting at a huge disadvantage, just to try to wipe out moneypot. A 2x bet with a 99.99% edge has a ~0.5% chance of winning. I did a test bet on my MP dice site and rose the edge to 99%, and this was what I got: https://www.moneypot.com/bets/208175503   Someone would be stupid to try and do it, since you would be better off hunting a 100-200 multiplier with a 1% edge. The risk is very high for the gambler.
Do some testing with it if you want, will lower it back to a 0.1% edge later. darkstarftw.github.io if your interested.

True about the Big bets, but i wasnt focusing on that, i just think that if the Kelly would be 1% the chances of something like this (martingle) would get significantly lower, i Mean its what minus 25-30btc in 24hour (looked at the Total bitcoin not the just the investors profit)
And since 90%from the profit doesnt come from Big bets wouldnt that solve this?
It just seems that they are taking a risk Here.
Could be that im wrong, just was thinking out loud

[AcoinL.L.C]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

I thought they used Kelly, i am invested pretty Big in mp but this Sounds kinda scary, i was with Satoshidice before and i saw these very unlikely bets Win from time to time

They do use the kelly, but it's at 3.333x the kelly I believe. I really doubt anyone would bother betting at a huge disadvantage, just to try to wipe out moneypot. A 2x bet with a 99.99% edge has a ~0.5% chance of winning. I did a test bet on my MP dice site and rose the edge to 99%, and this was what I got: https://www.moneypot.com/bets/208175503   Someone would be stupid to try and do it, since you would be better off hunting a 100-200 multiplier with a 1% edge. The risk is very high for the gambler.
Do some testing with it if you want, will lower it back to a 0.1% edge later. darkstarftw.github.io if your interested.

True about the Big bets, but i wasnt focusing on that, i just think that if the Kelly would be 1% the chances of something like this (martingle) would get significantly lower, i Mean its what minus 25-30btc in 24hour (looked at the Total bitcoin not the just the investors profit)
And since 90%from the profit doesnt come from Big bets wouldnt that solve this?
It just seems that they are taking a risk Here.
Could be that im wrong, just was thinking out loud

Actually, the vast majority of profit comes from big bets.

One of the issues that has been expressed in the past is that by capping the max win it affects players that utilize the martingale strategy much more than others, as if they are wagering through a bot they could hit a lose streak and cap out not due to a lack of bankroll, but because of the max win.

[JackpotRacer]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

I thought they used Kelly, i am invested pretty Big in mp but this Sounds kinda scary, i was with Satoshidice before and i saw these very unlikely bets Win from time to time

They do use the kelly, but it's at 3.333x the kelly I believe. I really doubt anyone would bother betting at a huge disadvantage, just to try to wipe out moneypot. A 2x bet with a 99.99% edge has a ~0.5% chance of winning. I did a test bet on my MP dice site and rose the edge to 99%, and this was what I got: https://www.moneypot.com/bets/208175503   Someone would be stupid to try and do it, since you would be better off hunting a 100-200 multiplier with a 1% edge. The risk is very high for the gambler.
Do some testing with it if you want, will lower it back to a 0.1% edge later. darkstarftw.github.io if your interested.

True about the Big bets, but i wasnt focusing on that, i just think that if the Kelly would be 1% the chances of something like this (martingle) would get significantly lower, i Mean its what minus 25-30btc in 24hour (looked at the Total bitcoin not the just the investors profit)
And since 90%from the profit doesnt come from Big bets wouldnt that solve this?
It just seems that they are taking a risk Here.
Could be that im wrong, just was thinking out loud

Actually, the vast majority of profit comes from big bets.

One of the issues that has been expressed in the past is that by capping the max win it affects players that utilize the martingale strategy much more than others, as if they are wagering through a bot they could hit a lose streak and cap out not due to a lack of bankroll, but because of the max win.

you made a very good point  >>........cap out not due to a lack of bankroll, but because of the max win.

my 2 cents > 80% + risk of a casino BR is not healthy at all and no serious casino management will risk this because there are stupid or drunk or show off players out there and they could do those bets.
even those bets are high risk for a gambler but those bets are even more high risk for a casino BR because one hit only and the BR is gone

to cap a max win to low would also not be good and not make sense imo or your plan is to keep whales away from your game(s) then you will succeed

[Helix61be]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

I thought they used Kelly, i am invested pretty Big in mp but this Sounds kinda scary, i was with Satoshidice before and i saw these very unlikely bets Win from time to time

They do use the kelly, but it's at 3.333x the kelly I believe. I really doubt anyone would bother betting at a huge disadvantage, just to try to wipe out moneypot. A 2x bet with a 99.99% edge has a ~0.5% chance of winning. I did a test bet on my MP dice site and rose the edge to 99%, and this was what I got: https://www.moneypot.com/bets/208175503   Someone would be stupid to try and do it, since you would be better off hunting a 100-200 multiplier with a 1% edge. The risk is very high for the gambler.
Do some testing with it if you want, will lower it back to a 0.1% edge later. darkstarftw.github.io if your interested.

True about the Big bets, but i wasnt focusing on that, i just think that if the Kelly would be 1% the chances of something like this (martingle) would get significantly lower, i Mean its what minus 25-30btc in 24hour (looked at the Total bitcoin not the just the investors profit)
And since 90%from the profit doesnt come from Big bets wouldnt that solve this?
It just seems that they are taking a risk Here.
Could be that im wrong, just was thinking out loud

Actually, the vast majority of profit comes from big bets.

One of the issues that has been expressed in the past is that by capping the max win it affects players that utilize the martingale strategy much more than others, as if they are wagering through a bot they could hit a lose streak and cap out not due to a lack of bankroll, but because of the max win.

That might have been a bold statement, and was based on Satoshidice, didnt watch the bets on mp that Long because i find it harder to track.
Just thought that the Big wins the last days came from a failed martingele wich came from investors.
The longer it keeps going the smaller the chances of losing right, and with a smaller Cap they would hit a losing streak faster?

[DarkStar_]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

I thought they used Kelly, i am invested pretty Big in mp but this Sounds kinda scary, i was with Satoshidice before and i saw these very unlikely bets Win from time to time

They do use the kelly, but it's at 3.333x the kelly I believe. I really doubt anyone would bother betting at a huge disadvantage, just to try to wipe out moneypot. A 2x bet with a 99.99% edge has a ~0.5% chance of winning. I did a test bet on my MP dice site and rose the edge to 99%, and this was what I got: https://www.moneypot.com/bets/208175503   Someone would be stupid to try and do it, since you would be better off hunting a 100-200 multiplier with a 1% edge. The risk is very high for the gambler.
Do some testing with it if you want, will lower it back to a 0.1% edge later. darkstarftw.github.io if your interested.

True about the Big bets, but i wasnt focusing on that, i just think that if the Kelly would be 1% the chances of something like this (martingle) would get significantly lower, i Mean its what minus 25-30btc in 24hour (looked at the Total bitcoin not the just the investors profit)
And since 90%from the profit doesnt come from Big bets wouldnt that solve this?
It just seems that they are taking a risk Here.
Could be that im wrong, just was thinking out loud

Actually, the vast majority of profit comes from big bets.

One of the issues that has been expressed in the past is that by capping the max win it affects players that utilize the martingale strategy much more than others, as if they are wagering through a bot they could hit a lose streak and cap out not due to a lack of bankroll, but because of the max win.

That might have been a bold statement, and was based on Satoshidice, didnt watch the bets on mp that Long because i find it harder to track.
Just thought that the Big wins the last days came from a failed martingele wich came from investors.
The longer it keeps going the smaller the chances of losing right, and with a smaller Cap they would hit a losing streak faster?

The max bet doesn't affect whether they get a long losing streak or not. The longer someone keeps using maritiangle, the chance of losing is higher because the more bets that occur, the chance they will go on a large losing streak increases. With a smaller cap, the whale maritangles could go bankrupt easier since even if they have like 200+ BTC, if they lose 25 BTC, they can't bet 50 BTC to recover their previous losses.

[Helix61be]

I see that the bankroll dropped again and was wondering when using martingele, what is the Max bet that moneypot allows?

You can win up to 99.99% of the bankroll, if you bet with a 99.99% edge. Someone would be very stupid to do that though, since there is an extremely high chance of losing. The max bet MP allows is the house edge times the bankroll.. The owners of moneypot are thinking of adding a fixed maximum bet, but we don't know when it will happen.

I thought they used Kelly, i am invested pretty Big in mp but this Sounds kinda scary, i was with Satoshidice before and i saw these very unlikely bets Win from time to time

They do use the kelly, but it's at 3.333x the kelly I believe. I really doubt anyone would bother betting at a huge disadvantage, just to try to wipe out moneypot. A 2x bet with a 99.99% edge has a ~0.5% chance of winning. I did a test bet on my MP dice site and rose the edge to 99%, and this was what I got: https://www.moneypot.com/bets/208175503   Someone would be stupid to try and do it, since you would be better off hunting a 100-200 multiplier with a 1% edge. The risk is very high for the gambler.
Do some testing with it if you want, will lower it back to a 0.1% edge later. darkstarftw.github.io if your interested.

True about the Big bets, but i wasnt focusing on that, i just think that if the Kelly would be 1% the chances of something like this (martingle) would get significantly lower, i Mean its what minus 25-30btc in 24hour (looked at the Total bitcoin not the just the investors profit)
And since 90%from the profit doesnt come from Big bets wouldnt that solve this?
It just seems that they are taking a risk Here.
Could be that im wrong, just was thinking out loud

Actually, the vast majority of profit comes from big bets.

One of the issues that has been expressed in the past is that by capping the max win it affects players that utilize the martingale strategy much more than others, as if they are wagering through a bot they could hit a lose streak and cap out not due to a lack of bankroll, but because of the max win.

That might have been a bold statement, and was based on Satoshidice, didnt watch the bets on mp that Long because i find it harder to track.
Just thought that the Big wins the last days came from a failed martingele wich came from investors.
The longer it keeps going the smaller the chances of losing right, and with a smaller Cap they would hit a losing streak faster?

The max bet doesn't affect whether they get a long losing streak or not. The longer someone keeps using maritiangle, the chance of losing is higher because the more bets that occur, the chance they will go on a large losing streak increases. With a smaller cap, the whale maritangles could go bankrupt easier since even if they have like 200+ BTC, if they lose 25 BTC, they can't bet 50 BTC to recover their previous losses.

Im not saying martingle works, but i think its a Big risk.
I think that the Chance that a Big whale is betting is waaaaay smaller then the Chance that a smaller Fish is betting and getting a good profit and then decides to quit

[felicita]

was here a data wipe ?
i allready forgott this site since i saw today this threat.
my account was still there but my investment is gone ?

Your amount:
0 bits

but i did a invest a few months ago 


kind regards

[ranlo]

was here a data wipe ?
i allready forgott this site since i saw today this threat.
my account was still there but my investment is gone ?

Your amount:
0 bits

but i did a invest a few months ago 


kind regards

You probably invested before the change in ownership... at that point, yes, everything was wiped, and Ryan had a site up for a couple months for people to withdraw from.

[yahoo62278]

Can we get this issue of WD fees solved quicker please. Waiting 1 hour+ for confirmations is crapola

[HousamTibia]

This seems like a serious issue to me too. I hope things will get resolved soon before the abuse made a huge dent in the pool