Cent21
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January 17, 2020, 03:13:57 PM |
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I'm very happy to announce that we're now offering a 1 BTC welcome pack - get up to 1 BTC in 100% match first deposit bonus.
Deposit any amount up to 1 BTC and we'll double it! Go to https://rocketpot.io/play/ to try it out ... There's a 100x wagering requirement and you can find the full terms on the Rocketpot bonus tab inside the game. Please read them carefully and feel free to ask any questions here in the thread. The bonus is also available for existing users as well as long as they make a new deposit - so if you played Rocketpot before this is a good time to try it again as it's not going to be available forever - claim it now! Any questions I'm happy to answer In the email i received the wagering requirement was 100% not 100x. 100x means a 10000% wagering requirement. Obviously i lost everything as 10000% wagering it's almost impossible to archive. Shame on me that had trusted rocketpot.
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TheRocketman (OP)
Copper Member
Jr. Member
Offline
Activity: 83
Merit: 5
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January 17, 2020, 03:28:33 PM |
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I'm very happy to announce that we're now offering a 1 BTC welcome pack - get up to 1 BTC in 100% match first deposit bonus.
Deposit any amount up to 1 BTC and we'll double it! Go to https://rocketpot.io/play/ to try it out ... There's a 100x wagering requirement and you can find the full terms on the Rocketpot bonus tab inside the game. Please read them carefully and feel free to ask any questions here in the thread. The bonus is also available for existing users as well as long as they make a new deposit - so if you played Rocketpot before this is a good time to try it again as it's not going to be available forever - claim it now! Any questions I'm happy to answer In the email i received the wagering requirement was 100% not 100x. 100x means a 10000% wagering requirement. Obviously i lost everything as 10000% wagering it's almost impossible to archive. Shame on me that had trusted rocketpot. Sorry it was a typo on the email! we have fixed it immediately after The wagering 100x requirement is mentioned on the site 2-3 times before you actually get to activate it and was also mentioned on the forum We think it's a fair requirement and in line with what most other sites do
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hosseinimr93
Legendary
Online
Activity: 2408
Merit: 5248
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January 17, 2020, 04:03:03 PM Last edit: January 18, 2020, 11:37:36 PM by hosseinimr93 |
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I was shocked when I saw the announcement including the 100% wagering amount. 100x wagering requirement is logical. If we don't consider the jackpot, the house edge is 2.5%. If I deposit 1 BTC and claim the bonus, my balance will be 2 BTC. For being eligible to withdraw my balance i will have to wager 100 BTC. It means that I will have to wager that 2 BTC, 50 times. Given the 2.5% house edge, every time I wager that 2 BTC, 97.5% will be given back to my balance and 2.5% will go to pocket of the house. If I wager that 2 BTC 50 times, the amount which remains in my balance at the end will be 2*(0.975)^50= 0.56 BTC. So I am expected to lose 0.44 BTC. Therefore, for wagering 100 times the bonus, it is needed to lose 44% of the initial deposit + the total bonus. I think 100 times the initial amount is enough for static distribution of outcomes. So, the error in my calculation is very low. I am not saying the bonus is not fair. because the house should make profit. But it's really difficult to make profit unless a user is very lucky and in the unlikely case wins an amount in jackpot which is bigger than the loss.
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BlackRed
Full Member
Offline
Activity: 261
Merit: 100
Win 10,000$ Daily - click on sig
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January 17, 2020, 07:42:50 PM |
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I was shocked when I saw the announcement including the 100% wagering amount. 100x wagering requirement is logical. If we don't consider the jackpot, the house edge is 2.5%. If I deposit 1 BTC and claim the bonus, my balance will be 2 BTC. For being eligible to withdraw my balance i will have to wager 100 BTC. It means that I will have to wager that 2 BTC, 50 times. Given the 2.5% house edge, every time I wager that 2 BTC, 97.5% will be given back to my balance and 2.5% will go pocket of the house. If I wager that 2 BTC 50 times, the amount remaining in my balance at the end will be 2*(0.975)^50= 0.56 BTC. So I am expected to lose 0.44 BTC. So, for wagering 100 times the bonus, it is needed to lose 44% of the initial deposit + the total bonus. I think 100 times the initial amount is enough for static distribution of outcomes. So, the error in my calculation is very low. I am not saying the bonus is not fair. because the house should makes profit. But it's really difficult to make profit unless a user is very lucky and in the unlikely case wins an amount in jackpot which is bigger than the loss.
They claim maximum house edge is 1.5% or less so with active bonus house edge will be 0.25%
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TheRocketman (OP)
Copper Member
Jr. Member
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Activity: 83
Merit: 5
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January 18, 2020, 07:53:17 AM Last edit: February 03, 2020, 04:23:02 PM by mprep |
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Felt I should add another disclaimer to avoid confusion in the future: the first-deposit bonus is available 7 days after it's offered. After that it expires and cannot be activated anymore We decided to extend this bonus to existing users and those who deposited before - so if you're an existing user you have 6 days from now to claim it - if you don't do it before you won't be able to use it! Calling out all those who signed up to Rocketpot or played it before - if you're interested in taking advantage of the bonus you do it now! You can claim it at https://rocketpot.io/play/bonusBest of luck
Felt I should add another disclaimer to avoid confusion in the future: the first-deposit bonus is available 7 days after it's offered. After that it expires and cannot be activated anymore We decided to extend this bonus to existing users and those who deposited before - so if you're an existing user you have 6 days from now to claim it - if you don't do it before you won't be able to use it! Calling out all those who signed up to Rocketpot or played it before - if you're interested in taking advantage of the bonus you do it now! You can claim it at https://rocketpot.io/play/bonusBest of luck friendly reminder that if you have signed up before the announcement you have 2 more days to claim your welcome bonus! Link here to check it: https://rocketpot.io/play/bonus
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TheRocketman (OP)
Copper Member
Jr. Member
Offline
Activity: 83
Merit: 5
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January 27, 2020, 12:45:28 PM |
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A few jackpots went in the weekend - congratulations to all the winners!
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Silver ShadowChestnut
Newbie
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Activity: 3
Merit: 0
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February 03, 2020, 03:33:03 PM |
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Hey I'm struggling with trying to make an account. Once I put my email, username and pass in it first tell me an error has occurred and highlights the password in red. When I try to change the password to something else, it then tells me that the email address is unavailable. Can anyone help with this?
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hosseinimr93
Legendary
Online
Activity: 2408
Merit: 5248
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February 03, 2020, 04:07:43 PM |
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Hey I'm struggling with trying to make an account. Once I put my email, username and pass in it first tell me an error has occurred and highlights the password in red. When I try to change the password to something else, it then tells me that the email address is unavailable. Can anyone help with this?
I guess you have already registered an account with that email address. Go to log in page, click on "Forgot Password" and reset your password.
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Silver ShadowChestnut
Newbie
Offline
Activity: 3
Merit: 0
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February 03, 2020, 04:32:18 PM |
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Hey I'm struggling with trying to make an account. Once I put my email, username and pass in it first tell me an error has occurred and highlights the password in red. When I try to change the password to something else, it then tells me that the email address is unavailable. Can anyone help with this?
I guess you have already registered an account with that email address. Go to log in page, click on "Forgot Password" and reset your password. I tried that and the email doesnt work but that shouldn't be the problem because this is my first time ever visiting the website and I have tried two different emails at this point with the same problem. I am also using tor to connect to the website, could this be the problem?
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panjul07
Legendary
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Activity: 3486
Merit: 1354
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February 05, 2020, 06:51:54 AM |
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A few jackpots went in the weekend - congratulations to all the winners!
I just checked the site again after my last visit months ago. I do not see any significant progress in case of your traffic, there are 5 players are playing at the moment and I assume that most of them are jackpot hunter. Where are the old players who won nice jackpot before you reduce the jackpot amount? Were they leaving since you reduce the jackpot amount as well as the minimum bet amount? Do you think it is good enough with your current traffic?
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beerlover
Legendary
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Activity: 2884
Merit: 1160
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February 05, 2020, 06:26:02 PM |
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I guess it has been always a jackpot hunter type of website and that is why there is always a low number of turnout on any given moment and most of them are just there for the jackpot. They have never been one of the places that actually does anything for the players who do not care about the jackpot, like the regular people who do not play the jackpot but just the crash part like in the bustabit people, they do not really come here, this is not the place for that, this place is only viable and entertaining if you want to play the jackpot game and that number is very low.
In the end, they only know themselves if they are happy or not, if they are not happy with the number or the profits, they know what they can change, if happy then they can continue what they are doing.
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Saint-loup
Legendary
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Activity: 2618
Merit: 2363
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February 07, 2020, 11:58:40 PM |
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A few jackpots went in the weekend - congratulations to all the winners!
I just checked the site again after my last visit months ago. I do not see any significant progress in case of your traffic, there are 5 players are playing at the moment and I assume that most of them are jackpot hunter. Where are the old players who won nice jackpot before you reduce the jackpot amount? Were they leaving since you reduce the jackpot amount as well as the minimum bet amount? Do you think it is good enough with your current traffic? Why do you think they are "jackpot hunter" and not common player? If players don't bet small amount they are not jackpot chaser but just common players IMO.
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panjul07
Legendary
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Activity: 3486
Merit: 1354
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February 08, 2020, 05:57:23 AM |
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A few jackpots went in the weekend - congratulations to all the winners!
I just checked the site again after my last visit months ago. I do not see any significant progress in case of your traffic, there are 5 players are playing at the moment and I assume that most of them are jackpot hunter. Where are the old players who won nice jackpot before you reduce the jackpot amount? Were they leaving since you reduce the jackpot amount as well as the minimum bet amount? Do you think it is good enough with your current traffic? Why do you think they are "jackpot hunter" and not common player? If players don't bet small amount they are not jackpot chaser but just common players IMO. Have you checked this site and saw how most players betting there? I guess you haven't, so I suggest you to check it first then you can say your opinion whether they are common players or jackpot hunters like what I think. I'm quite sure it is not hard to check while a player is betting for profit from the game of the player betting for the jackpot only. So please check yourself for a while and let me know what you think.
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Saint-loup
Legendary
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Activity: 2618
Merit: 2363
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February 08, 2020, 06:42:13 PM |
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A few jackpots went in the weekend - congratulations to all the winners!
I just checked the site again after my last visit months ago. I do not see any significant progress in case of your traffic, there are 5 players are playing at the moment and I assume that most of them are jackpot hunter. Where are the old players who won nice jackpot before you reduce the jackpot amount? Were they leaving since you reduce the jackpot amount as well as the minimum bet amount? Do you think it is good enough with your current traffic? Why do you think they are "jackpot hunter" and not common player? If players don't bet small amount they are not jackpot chaser but just common players IMO. Have you checked this site and saw how most players betting there? I guess you haven't, so I suggest you to check it first then you can say your opinion whether they are common players or jackpot hunters like what I think. I'm quite sure it is not hard to check while a player is betting for profit from the game of the player betting for the jackpot only. So please check yourself for a while and let me know what you think. I think you don't know exactly how the players have to play to try to win the jackpot on rocketpot. You must bet a big amount to get the biggest share to be selected. So if you only play for the jackpot you can lose big amounts of money
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hosseinimr93
Legendary
Online
Activity: 2408
Merit: 5248
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February 08, 2020, 09:00:07 PM Last edit: February 09, 2020, 10:07:52 PM by hosseinimr93 |
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I think you don't know exactly how the players have to play to try to win the jackpot on rocketpot. You must bet a big amount to get the biggest share to be selected. So if you only play for the jackpot you can lose big amounts of money
No, that's not how users are selected for the jackpot. All users who have participated in a round have chance to be selected for the jackpot. A user who wagers more than others has the biggest chance. But that doesn't mean other users cannot be selected for the jackpot. The chance of being selected for the jackpot each of users have is proportional to the amount they wager. For example, If user A wagers 1 mBTC and user B wagers 2 mBTC, the chance of user B for being selected is twice the chance of user A. So, even if you wager 0.01 mBTC you have the chance to win the jackpot.
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panjul07
Legendary
Offline
Activity: 3486
Merit: 1354
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February 09, 2020, 02:49:25 AM |
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A few jackpots went in the weekend - congratulations to all the winners!
I just checked the site again after my last visit months ago. I do not see any significant progress in case of your traffic, there are 5 players are playing at the moment and I assume that most of them are jackpot hunter. Where are the old players who won nice jackpot before you reduce the jackpot amount? Were they leaving since you reduce the jackpot amount as well as the minimum bet amount? Do you think it is good enough with your current traffic? Why do you think they are "jackpot hunter" and not common player? If players don't bet small amount they are not jackpot chaser but just common players IMO. Have you checked this site and saw how most players betting there? I guess you haven't, so I suggest you to check it first then you can say your opinion whether they are common players or jackpot hunters like what I think. I'm quite sure it is not hard to check while a player is betting for profit from the game of the player betting for the jackpot only. So please check yourself for a while and let me know what you think. I think you don't know exactly how the players have to play to try to win the jackpot on rocketpot. You must bet a big amount to get the biggest share to be selected. So if you only play for the jackpot you can lose big amounts of money You can check all my posts in this thread especially the posts related to the jackpot. If you think that I do not know how the jackpot works in this site then you are absolutely wrong. Jackpot hunter with small bankroll wont really care about how much other players bet, as long as they have a chance (although just small chance) they will still betting with the lowest minimum bet. Jackpot hunter with bigger bankroll know how much to bet compared to other players to get bigger chance to be selected. What I want to show you why I call them jackpot hunter instead of common players is about the payout they use while playing. Most players bet on 1.01x payout almost all the time with flat betting amount and do it automatically and most likely they are not staying on the site as they just login, setting up the autobet then leave it.
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FanEagle
Legendary
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Activity: 2870
Merit: 1114
Leading Crypto Sports Betting & Casino Platform
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February 09, 2020, 03:19:38 AM |
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I guess it has been always a jackpot hunter type of website and that is why there is always a low number of turnout on any given moment and most of them are just there for the jackpot. They have never been one of the places that actually does anything for the players who do not care about the jackpot, like the regular people who do not play the jackpot but just the crash part like in the bustabit people, they do not really come here, this is not the place for that, this place is only viable and entertaining if you want to play the jackpot game and that number is very low.
I don't think anything is wrong with jackpot hunting, I think there is nothing wrong if this website was full of players who are only hunting the jackpot neither. A website is entitled the way they are marketing themselves and this place picked the route that would benefit them the most probably, we may never know it, they are the ones who are checking the finances for it. However, there is a distinction between doing something good and not doing it good and I fear that this website who have every right to be a place filled with jackpot hunters may not be doing the best they could ever do since their numbers are not really that high. If it was 100+ people gambling all for the jackpot that wouldn't be a problem for them, but when its 10, that sounds like a problem.
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ralle14
Legendary
Offline
Activity: 3192
Merit: 1879
Metawin.com
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February 09, 2020, 04:43:15 AM |
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However, there is a distinction between doing something good and not doing it good and I fear that this website who have every right to be a place filled with jackpot hunters may not be doing the best they could ever do since their numbers are not really that high. If it was 100+ people gambling all for the jackpot that wouldn't be a problem for them, but when its 10, that sounds like a problem.
Depends, if those few users they currently have are wagering constantly every single day then it doesn't seem like a problem. In the end its all about the overall wagers made. They could always reopen their signature campaign or do a promotion if they want to bring in new users.
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arwin100
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February 09, 2020, 06:10:50 AM |
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I guess it has been always a jackpot hunter type of website and that is why there is always a low number of turnout on any given moment and most of them are just there for the jackpot. They have never been one of the places that actually does anything for the players who do not care about the jackpot, like the regular people who do not play the jackpot but just the crash part like in the bustabit people, they do not really come here, this is not the place for that, this place is only viable and entertaining if you want to play the jackpot game and that number is very low.
I don't think anything is wrong with jackpot hunting, I think there is nothing wrong if this website was full of players who are only hunting the jackpot neither. A website is entitled the way they are marketing themselves and this place picked the route that would benefit them the most probably, we may never know it, they are the ones who are checking the finances for it. However, there is a distinction between doing something good and not doing it good and I fear that this website who have every right to be a place filled with jackpot hunters may not be doing the best they could ever do since their numbers are not really that high. If it was 100+ people gambling all for the jackpot that wouldn't be a problem for them, but when its 10, that sounds like a problem. I think it's normal for the site to get a jackpot hunters since for sure that's the gamblers aim to get the pot and they should be lucky to have that since the more player hunting it the more money they can get, and the jackpot hit by one of their gambler then they shouldn't worry for that since I'm sure many people either old or new players will get inspired and challenge to will the next pot.
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UserU
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February 09, 2020, 07:33:26 AM |
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I think it's normal for the site to get a jackpot hunters since for sure that's the gamblers aim to get the pot and they should be lucky to have that since the more player hunting it the more money they can get, and the jackpot hit by one of their gambler then they shouldn't worry for that since I'm sure many people either old or new players will get inspired and challenge to will the next pot.
The casino sites I play on have progressive jackpots. It does help with the players retention and exudes a rewarding feeling if you're part of the split.
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