[Unofficial] Coinpot.co - new microwallet

[Adam556]

Coinpot should take this opportunity that fees are low to send BTC payments. I've been waiting a few days to get paid.

I've just received the withdrawal I triggered this morning so all working okay here. Did you receive a confirmation email?

They did finally send payments this morning. If you look at recent payouts it was 3 days since they had last paid out before today. https://coinpot.co/payouts/bitcoincore

Haha, you're right. Maybe they were enjoying the weekend too much!

[Justeunmec]

This morning : 1000 rolls --> profit : -397 tokens!
Not weird... Not weird at all...

"0% house edge":  

[seek3r]

This morning : 1000 rolls --> profit : -397 tokens!
Not weird... Not weird at all...

"0% house edge":  

Yeah, that statement doesnt say the truth.
You are definitely -ev against coinpot but everyone with a clear mind should be aware of that fact.

[Justeunmec]

Yeah, that statement doesnt say the truth.
You are definitely -ev against coinpot but everyone with a clear mind should be aware of that fact.

So you say this is normal?
Or do you think I'm lying? 

[seek3r]

Yeah, that statement doesnt say the truth.
You are definitely -ev against coinpot but everyone with a clear mind should be aware of that fact.

So you say this is normal?
Or do you think I'm lying? 

Nah this is normal and you are right. You wont make profit with just playing the multiplier with a single tab.
I'm rolling with 5-6 days 24/7 and im generating tokens / making profit with the daily rewards, not with the multiplier.

[Justeunmec]

Nah this is normal and you are right. You wont make profit with just playing the multiplier with a single tab.
I'm rolling with 5-6 days 24/7 and im generating tokens / making profit with the daily rewards, not with the multiplier.

That's exactly what I do too. ^^
The "profit" is usually irrelevant because I earn from all the challenge bonuses.
But here, for the past few days, the machine has cleary been rigged.
Look at my stats:


As you can see, I earn from challenges everyday, even when the "profit" is negative, because it's compensated.
As soon as I can convert my tokens to at least 10000 sats, I withdraw them (I've done so already 121 times!).
And then I start over.

But see, since the end of July, there's an obvious huge house edge, that's been mentionned here regularly, that f*cks it all up.
Yeah, you can have mishaps from time to time, of course... But not like that!

[Justeunmec]

-100 tokens after 247 rolls !
New world record ! 

[FinneysTrueVision]

Even if you choose your own client seed for the multiplier game it only works for the first roll. Every roll after the first they will automatically change the client seed for you so there is no real way to prove this game is provably fair when using AutoRoll. I've never seen a dice game that worked like this.

[dabbur]

Is there anyone here who won the lottery at coinpot? I can check my challange tokens but if this lottery is real or fake I can only tell if I win it.

[itsaworry]

Is there anyone here who won the lottery at coinpot? I can check my challange tokens but if this lottery is real or fake I can only tell if I win it.

  The same question was being asked on the Reddit thread 10 months ago . . . a few people came on and said they had won , or been runners up when the lottery first started , but by 10 months ago whales were dumping thousands of tokens into it and there was hardly a chance of winning .  . one guy said the only way to win was to bet the amount of tokens that was the runner up prize . . i just carried on claiming from the faucets and didn't have nothing to do with it .

[UserU]

  The same question was being asked on the Reddit thread 10 months ago . . . a few people came on and said they had won , or been runners up when the lottery first started , but by 10 months ago whales were dumping thousands of tokens into it and there was hardly a chance of winning .  . one guy said the only way to win was to bet the amount of tokens that was the runner up prize . . i just carried on claiming from the faucets and didn't have nothing to do with it .

Imagine if FreeBitcoin has way more users but hardly anyone on the thread won the lottery there, this one is way rarer.

[Justeunmec]

And the scam goes on...
#0%houseedge

[Adam556]

And the scam goes on...
#0%houseedge

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

[UserU]

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

I don't think there's a house edge. It's either 1- 500 (Lo) and 501 - 1000 (Hi).

[dabbur]

And the scam goes on...
#0%houseedge

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

this is not about gambling and win or lose. its about coinpot is telling me that there is no houseedge - and this is 100% a LIE. the only thing you can LEARN from this is that you can not TRUST coinpot. i would never deposit one satoshi there or hold balance more than 1$ - exept today, cos they are not paying out since 4 days.

[grahamlyons]

And the scam goes on...
#0%houseedge

but why the hell do you continue to use it if you are so sure it is a scam? 

[dabbur]

 The same question was being asked on the Reddit thread 10 months ago . . . a few people came on and said they had won , or been runners up when the lottery first started , but by 10 months ago whales were dumping thousands of tokens into it and there was hardly a chance of winning .  . one guy said the only way to win was to bet the amount of tokens that was the runner up prize . . i just carried on claiming from the faucets and didn't have nothing to do with it .

Imagine if FreeBitcoin has way more users but hardly anyone on the thread won the lottery there, this one is way rarer.

the problem with this lottery and multiplyer thing is, that you can not proof if it is real or not (unless you win by yoursel). if in FreeBitcoin forum someone tells you he won the lottery or rolled the 10000 it could be the admin of FreeBitcoin. you can only believe there, no proof possible. I only once rolled a 10000 in my roller life and that was at finalautofaucet and the prize was ca. 20 Cents   - you can trust me.
but i rolled 2 times the number one at cointiply - bad luck its not even a primenumber.

[dabbur]

And the scam goes on...
#0%houseedge

but why the hell do you continue to use it if you are so sure it is a scam?  

thats very easy: i win the challenge tokens an its more than losing with rolls. and thats why i dont understand why they are lying about the houseedge. they could simply cut the challenge prises instead. but i mean this coinpot guy(s) dont think a lot.

[Adam556]

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

I don't think there's a house edge. It's either 1- 500 (Lo) and 501 - 1000 (Hi).

I see. I would have thought CP would have put some weighting on it so they can make some money. Why else run a game like this?

[grahamlyons]

I'm confused here? Why is this a scam? The house always wins and even major betting firms admit that upwards of 90% of their clients will end up losing money.

I don't think there's a house edge. It's either 1- 500 (Lo) and 501 - 1000 (Hi).

I see. I would have thought CP would have put some weighting on it so they can make some money. Why else run a game like this?

they make money from the banner/pop-up advertising that is on this site and on the faucets
the 0% multiplier house edge just draws in lots of eyeballs onto these ads!
its quite a simple business model