Moneypot Bankroll Losses

[michkima]

Not sure why but moneypot has not answered a lot of questions lately. They have been under fire for their actions lately especially with those rubies alt coin and failed ICO (which they are not saying was a fail but there was some sort of problem with their partners, which I don't think should have been a reason why they have cancelled their ICO). Though they returned the ICO funds received. Problem is they are launching rubies 2, which is questionable to be honest. Their rubies was not a very successful one, and now they are launching another one to replace it. So much questions to answer.

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[Juggy777]

I have sincerely never understood how a gambling site could go from 500BTC positive to 92 Btc Negative with 1% House edge.
Does anyone have an explanation?
I would really know, what the market thinks what happened.

Also.. as an investor.. one does not see ones bankroll stake anymore? Am I the only one still invested? Are there others?

This is really strange, I used to play a while back but I stopped playing cause lost interest, I am glad I am lucky I moved out, but I find it hard to believe that this has possibly happened, I don't trust this to be true, I feel there is something that is not shown to investors, and I feel truth will come out, these kind of fishy incident like this always happens when the price of btc starts to go up. Only play with honest casino like bitdice.

[JackpotRacer]

Not sure why but moneypot has not answered a lot of questions lately. They have been under fire for their actions lately especially with those rubies alt coin and failed ICO (which they are not saying was a fail but there was some sort of problem with their partners, which I don't think should have been a reason why they have cancelled their ICO). Though they returned the ICO funds received. Problem is they are launching rubies 2, which is questionable to be honest. Their rubies was not a very successful one, and now they are launching another one to replace it. So much questions to answer.

not many choices why they don't answer those important questions like solvency or proof that they still have the 300+ BTC Bank Roll

if they would have the coins they would with pleasure show us that they have it but as they don't own anymore those coins they cant prove it.

check MP owners activity only in this forum and you will see they are not active as they have been months before.

time is running against them and the only question is if they will try to sell MP and who would be interested to buy it

[mOgliE]

Must have been a hufflepuff style job imo. I don’t think it’s possible to be that unlucky as a casino. Must have been glitches or a security hole somebody was able to take advantage of.

Exactly. The chances of something like that are close to 0.
Of course the house can be beaten if people are lucky, that's why casino have success in the first place. But that's also why there are maximum betting amounts and that those amounts are calculated in order for the house to be protected. You can win once, twice and even 40 times in a row if you have some crazy luck, but normally the house prevents you from betting to much at once so that you HAVE to make lots of bets so that you are mathematically obliges to losing in the end.

If that's not what you call a manipulation here I don't know what it is.

[BillCoin]

Must have been a hufflepuff style job imo. I don’t think it’s possible to be that unlucky as a casino. Must have been glitches or a security hole somebody was able to take advantage of.

Exactly. The chances of something like that are close to 0.
Of course the house can be beaten if people are lucky, that's why casino have success in the first place. But that's also why there are maximum betting amounts and that those amounts are calculated in order for the house to be protected. You can win once, twice and even 40 times in a row if you have some crazy luck, but normally the house prevents you from betting to much at once so that you HAVE to make lots of bets so that you are mathematically obliges to losing in the end.

If that's not what you call a manipulation here I don't know what it is.

The most terrible part here, is that MoneyPot were unable to provide any further details about the situation, and they act like their investors are stupid.

Mathematically, it is not possible to lose so much money with this house edge, and even if they did start losing money, how didn't they close up the system to check up that everything is going up smoothly? there's not a little chance that everything went alright but MoneyPot was managed to lose so much investors funds.

I hope that it was a security breech that has been fixed and not someone from inside stealing funds.

[gapjustin]

Must have been a hufflepuff style job imo. I don’t think it’s possible to be that unlucky as a casino. Must have been glitches or a security hole somebody was able to take advantage of.

Exactly. The chances of something like that are close to 0.
Of course the house can be beaten if people are lucky, that's why casino have success in the first place. But that's also why there are maximum betting amounts and that those amounts are calculated in order for the house to be protected. You can win once, twice and even 40 times in a row if you have some crazy luck, but normally the house prevents you from betting to much at once so that you HAVE to make lots of bets so that you are mathematically obliges to losing in the end.

If that's not what you call a manipulation here I don't know what it is.

The most terrible part here, is that MoneyPot were unable to provide any further details about the situation, and they act like their investors are stupid.

Mathematically, it is not possible to lose so much money with this house edge, and even if they did start losing money, how didn't they close up the system to check up that everything is going up smoothly? there's not a little chance that everything went alright but MoneyPot was managed to lose so much investors funds.

I hope that it was a security breech that has been fixed and not someone from inside stealing funds.

Mathematically speaking it is possible.
Probability speaking it is highly unlikely.

So far what I know is that there were 2 big wins of 70-90 btc each whilst betting small (I believe it was jpr's game dust lottery actually but not entirely sure)

[JackpotRacer]

Must have been a hufflepuff style job imo. I don’t think it’s possible to be that unlucky as a casino. Must have been glitches or a security hole somebody was able to take advantage of.

Exactly. The chances of something like that are close to 0.
Of course the house can be beaten if people are lucky, that's why casino have success in the first place. But that's also why there are maximum betting amounts and that those amounts are calculated in order for the house to be protected. You can win once, twice and even 40 times in a row if you have some crazy luck, but normally the house prevents you from betting to much at once so that you HAVE to make lots of bets so that you are mathematically obliges to losing in the end.

If that's not what you call a manipulation here I don't know what it is.

The most terrible part here, is that MoneyPot were unable to provide any further details about the situation, and they act like their investors are stupid.

Mathematically, it is not possible to lose so much money with this house edge, and even if they did start losing money, how didn't they close up the system to check up that everything is going up smoothly? there's not a little chance that everything went alright but MoneyPot was managed to lose so much investors funds.

I hope that it was a security breech that has been fixed and not someone from inside stealing funds.

Mathematically speaking it is possible.
Probability speaking it is highly unlikely.

So far what I know is that there were 2 big wins of 70-90 btc each whilst betting small (I believe it was jpr's game dust lottery actually but not entirely sure)

just take the time to research a bit and you would know where the big winners happened. yes JPR had NoTtardy but NoTtardy went on to Bubbles and won much more than on JPR's app but where happened all those other big wins? I could mention a few nicks cause I followed it very closely and each time a new nick won a lot. for me this is a red light and NoTtardy was also a red light for me. oh please dont forget that MP owners had a very nice Profit while Investors were losing.

I heard that you are the smart kid around the block so please tell us why MP owners are not proving that they still have the 300+ Bank Roll? maybe they dont wanna show it cause JPR asked for it?

[gapjustin]

Must have been a hufflepuff style job imo. I don’t think it’s possible to be that unlucky as a casino. Must have been glitches or a security hole somebody was able to take advantage of.

Exactly. The chances of something like that are close to 0.
Of course the house can be beaten if people are lucky, that's why casino have success in the first place. But that's also why there are maximum betting amounts and that those amounts are calculated in order for the house to be protected. You can win once, twice and even 40 times in a row if you have some crazy luck, but normally the house prevents you from betting to much at once so that you HAVE to make lots of bets so that you are mathematically obliges to losing in the end.

If that's not what you call a manipulation here I don't know what it is.

The most terrible part here, is that MoneyPot were unable to provide any further details about the situation, and they act like their investors are stupid.

Mathematically, it is not possible to lose so much money with this house edge, and even if they did start losing money, how didn't they close up the system to check up that everything is going up smoothly? there's not a little chance that everything went alright but MoneyPot was managed to lose so much investors funds.

I hope that it was a security breech that has been fixed and not someone from inside stealing funds.

Mathematically speaking it is possible.
Probability speaking it is highly unlikely.

So far what I know is that there were 2 big wins of 70-90 btc each whilst betting small (I believe it was jpr's game dust lottery actually but not entirely sure)

just take the time to research a bit and you would know where the big winners happened. yes JPR had NoTtardy but NoTtardy went on to Bubbles and won much more than on JPR's app but where happened all those other big wins? I could mention a few nicks cause I followed it very closely and each time a new nick won a lot. for me this is a red light and NoTtardy was also a red light for me. oh please dont forget that MP owners had a very nice Profit while Investors were losing.

I heard that you are the smart kid around the block so please tell us why MP owners are not proving that they still have the 300+ Bank Roll? maybe they dont wanna show it cause JPR asked for it?

Well thanks for calling me smart 😂
Maybe they have different deals with investors where they're allowed to buy altcoins with the btc to fund the altcoin bets?
Who knows

[JackpotRacer]

Must have been a hufflepuff style job imo. I don’t think it’s possible to be that unlucky as a casino. Must have been glitches or a security hole somebody was able to take advantage of.

Exactly. The chances of something like that are close to 0.
Of course the house can be beaten if people are lucky, that's why casino have success in the first place. But that's also why there are maximum betting amounts and that those amounts are calculated in order for the house to be protected. You can win once, twice and even 40 times in a row if you have some crazy luck, but normally the house prevents you from betting to much at once so that you HAVE to make lots of bets so that you are mathematically obliges to losing in the end.

If that's not what you call a manipulation here I don't know what it is.

The most terrible part here, is that MoneyPot were unable to provide any further details about the situation, and they act like their investors are stupid.

Mathematically, it is not possible to lose so much money with this house edge, and even if they did start losing money, how didn't they close up the system to check up that everything is going up smoothly? there's not a little chance that everything went alright but MoneyPot was managed to lose so much investors funds.

I hope that it was a security breech that has been fixed and not someone from inside stealing funds.

Mathematically speaking it is possible.
Probability speaking it is highly unlikely.

So far what I know is that there were 2 big wins of 70-90 btc each whilst betting small (I believe it was jpr's game dust lottery actually but not entirely sure)

just take the time to research a bit and you would know where the big winners happened. yes JPR had NoTtardy but NoTtardy went on to Bubbles and won much more than on JPR's app but where happened all those other big wins? I could mention a few nicks cause I followed it very closely and each time a new nick won a lot. for me this is a red light and NoTtardy was also a red light for me. oh please dont forget that MP owners had a very nice Profit while Investors were losing.

I heard that you are the smart kid around the block so please tell us why MP owners are not proving that they still have the 300+ Bank Roll? maybe they dont wanna show it cause JPR asked for it?

Well thanks for calling me smart 😂
Maybe they have different deals with investors where they're allowed to buy altcoins with the btc to fund the altcoin bets?
Who knows

lets assume you are right then they could easily prove that at least the Bank Roll still exists. 300+ BTC is about 2.5 million USD

why are they not proving it? what is your opinion?