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Author Topic: Question about moneypot  (Read 1980 times)
fullypak
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April 24, 2016, 12:43:30 AM
 #41

As i have also invested in moneypot wallet before i know few things regarding how those calculation works. Bankroll chabge with new investor and divest from old investor. You will only get profit or loss from the point of your invest onwards. Investors profit also get fluctuate with every win and loss of players in whole moneypot gambling platform. I know one ocassion where investor  profit goes red suddenly from green as one of the player hit jackpot in plinko game. So only invest which you can afford to loss.

That is very true because any money investing on any casinos are high risky but there is a chance that one can get more profits, if they invest in it and same time they also can lose it fast. So if you want to be safer side then put your money in few good sites instead keeping all your invests in only one site. Investing in good gambling sites is better then gambling.
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April 27, 2016, 12:06:52 PM
 #42


5) The kelly is not actually not that confusing. I think most investors would understand if you write that "based on a mathematical formula known as the kelly criterion, the most that an investor could lose on a bet with 1% house edge is 1%, the most that an investor could lose on a bet with 2% house edge is 2%, ect"

I really enjoined this discussion as a spectator but now I thought to jump in because OP is absolutely right with 5) that kelly criterion is actually not that confusing.

and thx to RHavar for trying to straighten out some very important points

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April 27, 2016, 12:11:02 PM
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Thanks! If doge is still reading this, could he say whether the investors profit number includes the 70% cut?
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