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Author Topic: MoneyPot - Crash with the lowest house edge  (Read 2651 times)
Mahdirakib
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July 17, 2023, 05:54:12 PM
 #61

How often do you see such huge bets?
Yep, the big bets aren't common in crash games. But you don't have a very big bankroll at this moment. A small whale activity may create pressure on the house edge of your game.

BTW, I had also tried to take the 300 bits offer early today. Unfortunately I was late, but the admin still credited 100 bits on my account. I made two withdrawals from MoneyPot, one of them was from the free bits and the other one was from my deposit. Both withdrawals were processed instantly. However, there is a little mistake in the password reset message.


R


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leomedina (OP)
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July 17, 2023, 06:05:04 PM
 #62

Beside that the max-profit limit will decrease if the bankroll goes down for players big wins. Therefore, it will have negative impact from all aspects.

I hadn't answered this. And it's true, the max-profit will decrease but right now there's no way around it (and to the best of my knowledge the same thing happens in other casinos).

^^ 2.5% is lower than competitors? I don't play crash but then it makes me wonder just how high it is elsewhere... maybe I'm "old-fashioned" but 1% standard set by crypto dice places seems to be the low benchmark -- given that licensed casinos do compete well these days for close to 1%.

That said, the high-roller limit will always appeal to the anon whale. I'll have to give this place a check another date not too far away. Been a while!

The 2.5% refers to the commission MoneyPot receives on the profits. And that number is probably lower than what other casinos are receiving, but will increase as more people invest in the bankroll. Our house edge, on the other hand, starts at 0.1% and is only increased as little as necessary.

BTW, I had also tried to take the 300 bits offer early today. Unfortunately I was late, but the admin still credited 100 bits on my account. I made two withdrawals from MoneyPot, one of them was from the free bits and the other one was from my deposit. Both withdrawals were processed instantly. However, there is a little mistake in the password reset message.

Noted, thank you!
Lida93
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July 17, 2023, 06:13:17 PM
 #63

We are delighted to see you here in the community, once again, welcome! I have visited your website, but I haven't registered with you yet. However, when I get the chance, I will enjoy playing with you. I tried to check different parts of the website, but I didn't find any available welcome offers. I believe that through promotional offers or launching a signature campaign here in the forum, it will help you attract many customers.
A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.

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AmoreJaz
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July 17, 2023, 10:04:12 PM
 #64

We are delighted to see you here in the community, once again, welcome! I have visited your website, but I haven't registered with you yet. However, when I get the chance, I will enjoy playing with you. I tried to check different parts of the website, but I didn't find any available welcome offers. I believe that through promotional offers or launching a signature campaign here in the forum, it will help you attract many customers.
A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.

but if they do run their own sig campaign, they should not expect that gamblers will flock on their site. they may attract some but there's no guarantee that they will stay and deposit big. most of them are already patrons of reputable casinos in the forum, so playing on a new one is not really their inkling.
but if they can offer some rewards or competitive bonuses, some of them may stay and take advantage of their attractive perks.

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Lida93
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July 18, 2023, 07:27:15 AM
 #65

We are delighted to see you here in the community, once again, welcome! I have visited your website, but I haven't registered with you yet. However, when I get the chance, I will enjoy playing with you. I tried to check different parts of the website, but I didn't find any available welcome offers. I believe that through promotional offers or launching a signature campaign here in the forum, it will help you attract many customers.
A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.

but if they do run their own sig campaign, they should not expect that gamblers will flock on their site. they may attract some but there's no guarantee that they will stay and deposit big. most of them are already patrons of reputable casinos in the forum, so playing on a new one is not really their inkling.

You can't be sure of that. Humans are known for always wanting to try newer things and experience it for themselves. More so, all these reputable casinos you talking of were ones new to the forum but through signature campaigns and how long they stayed many gamblers came to their recognition and influx users emerged. If it's about reputation, it's something that's not gathered in a single day it's a gradual process factor and every casino just have to follow the process if they wanna really be successful here.

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edmundduke
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July 18, 2023, 07:59:13 AM
 #66

I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?
If not, is there a reason the site started with the Estonian chat as first foreign language
leomedina (OP)
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July 18, 2023, 08:53:53 PM
 #67

The house edge looks promising and will surely attract more users to the site. Some images of the UI or from the site here in the ANN thread could have helped to make it look more interesting. Nevertheless, are players from all around the globe allowed to play on the site? Also, as the bankroll is publicly funded, what’s the current bankroll amount and max bet amount?

Thank you Nrcewker. No, the previous owners are not involved, we are a new team.

The house edge looks promising and will surely attract more users to the site. Some images of the UI or from the site here in the ANN thread could have helped to make it look more interesting. Nevertheless, are players from all around the globe allowed to play on the site?

It depends. It's your responsibility to inquire if online gambling is allowed by law in you country.

Also, as the bankroll is publicly funded, what’s the current bankroll amount and max bet amount?

Our bankroll currently has ₿37.7. The most a player can win per game is 0.5% of the bankroll: ₿1.885. And the most a player can bet in a single game is ₿188.5!

I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?

We launched with the same channels people have requested in the past. But if enough players ask for a new one, we can always add it.

If not, is there a reason the site started with the Estonian chat as first foreign language

That is odd, it should default to English only. We store the channels you've joined in your browser's local storage. I don't know how the old moneypot.com used to work, but one possible explanation would be that we use the same key-value pair to save the channels. But the most likely scenario is that you clicked on it by mistake (has happened to me  Grin).
Webetcoins
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July 19, 2023, 06:03:23 PM
 #68

We are delighted to see you here in the community, once again, welcome! I have visited your website, but I haven't registered with you yet. However, when I get the chance, I will enjoy playing with you. I tried to check different parts of the website, but I didn't find any available welcome offers. I believe that through promotional offers or launching a signature campaign here in the forum, it will help you attract many customers.
A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.
Ah, so they are not really new in here? Cool but you're suggestion is great for them to gain exposure because not all users are visiting this section from time to time and then their ANN thread here might get buried because other ANN threads are much active. That is because they have a signature campaign which helps them a lot.

If they want to gain more exposure, they can add a bounty campaign as well on the side or just choose it more than the signature campaign that pays in BTC in order to save money. Besides, it still has a signature campaign included. They only need to hire a good manager so that the quality of the work is still there.

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July 19, 2023, 10:17:03 PM
 #69

We are delighted to see you here in the community, once again, welcome! I have visited your website, but I haven't registered with you yet. However, when I get the chance, I will enjoy playing with you. I tried to check different parts of the website, but I didn't find any available welcome offers. I believe that through promotional offers or launching a signature campaign here in the forum, it will help you attract many customers.
A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.
Ah, so they are not really new in here? Cool but you're suggestion is great for them to gain exposure because not all users are visiting this section from time to time and then their ANN thread here might get buried because other ANN threads are much active. That is because they have a signature campaign which helps them a lot.

If they want to gain more exposure, they can add a bounty campaign as well on the side or just choose it more than the signature campaign that pays in BTC in order to save money. Besides, it still has a signature campaign included. They only need to hire a good manager so that the quality of the work is still there.
They might be old but we cant really deny the fact that there's lots of changes which needs to be adapted and needed up for them to do so because we know that competition is already that high on which if they wont really
be that somewhat aggressive when it comes into their marketing then they would definitely be lagging behind against competitors. This is why it would really be wise to have that aggressive stance or approach when it comes to marketing specially that they are really that old timers and there are people in the community who had been able to recognized their name. Somehow i do agree on
some points on here is that if this one is a crash game site once again then we do have lots or tons in this market but nothing still can beat out Bustabit when i comes to this manner.
So it would really be still a tough competition or getting that marketshare that we do have here. Good luck Moneypot.  Smiley

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July 19, 2023, 10:30:16 PM
 #70

I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?
If not, is there a reason the site started with the Estonian chat as first foreign language
They will provide chat channels for gamblers in the platform for the languages that are there. The site is not attractive to some ways but the site frame work is simple. And the features are okay. And since there different languages they should create different channels for that so that gamblers can use it to chat among themselves, mostly those who can't use English fluently.









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July 19, 2023, 11:34:50 PM
 #71

I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?
If not, is there a reason the site started with the Estonian chat as first foreign language
They will provide chat channels for gamblers in the platform for the languages that are there. The site is not attractive to some ways but the site frame work is simple. And the features are okay. And since there different languages they should create different channels for that so that gamblers can use it to chat among themselves, mostly those who can't use English fluently.
They have actually added chat channels from several countries. I'm not sure if your country's channel is available, but you can find out by clicking the "Leave" button in the upper right corner of the chat box, then there will be channels from a variety of countries available.

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July 27, 2023, 04:44:04 PM
 #72

Nice to see your idea gaining some traction. Best of luck!

Hey, thank you! It's nice to see MoneyPot gaining traction and getting some support. With a bit of luck and a lot of work, I'm feeling optimistic about what's to come.

I'm also happy to share with the community that in our first 12 days ~200,000 wagers have been placed, and a total of ~50 Bitcoin have been wagered.

We don't have any formal marketing campaign (yet), so we appreciate those who have been recommending us  Smiley
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July 27, 2023, 05:57:52 PM
 #73

~snip~
You have achieved that mark with only 500 registered users. The bustabit atmosphere and the instant withdrawal is the key feature to get the attention of the gamblers. 50 Bitcoin total wager isn't a big deal, but it is a big achievement for a new platform without any form of marketing. It will keep growing if you can maintain your bankroll with the instant withdrawal feature.

R


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July 27, 2023, 06:22:14 PM
 #74

Nice to see your idea gaining some traction. Best of luck!

I'm also happy to share with the community that in our first 12 days ~200,000 wagers have been placed, and a total of ~50 Bitcoin have been wagered.

I am just coming across this thread and also just learning about Moneypot, i have gone through the thread and I've seen how excited a lot of users here have been trying out the platform, and also to mention that in just 12 days of launching, that is less than 2 weeks, you guys has already achieved 200,000 wagers and a total of 50 bitcoin, this is really commendable to be honest, not every casino starts off with such a great achievement in their very beginning, so this is really something to be super excited about, and the fact that you guys have not even started any form of formal marketing is a testament of the fact that this is a great achievement.

Congratulations, I am looking forward to trying the platform as well, I will love to share in the experience of other users here  Wink.

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August 09, 2023, 10:57:29 PM
 #75

Nice to see your idea gaining some traction. Best of luck!

I'm also happy to share with the community that in our first 12 days ~200,000 wagers have been placed, and a total of ~50 Bitcoin have been wagered.

I am just coming across this thread and also just learning about Moneypot, i have gone through the thread and I've seen how excited a lot of users here have been trying out the platform, and also to mention that in just 12 days of launching, that is less than 2 weeks, you guys has already achieved 200,000 wagers and a total of 50 bitcoin, this is really commendable to be honest, not every casino starts off with such a great achievement in their very beginning, so this is really something to be super excited about, and the fact that you guys have not even started any form of formal marketing is a testament of the fact that this is a great achievement.

Congratulations, I am looking forward to trying the platform as well, I will love to share in the experience of other users here  Wink.

Thank you, Fivestar4everMVP!. I hope you had a chance to give it a try.

We already have a few lucky players that have won over a Bitcoin!  Smiley


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August 21, 2023, 04:39:27 AM
 #76

Welcome to the Forum. Hope you will commit to providing good service with your site. As the market is competitive, you must try to provide better services. Three features "Highly optimized withdrawal system", "Backtesting with simulated money", "Shiba the bot" can be quite attractive to gamblers.

The features you've highlighted are indeed quite impressive. If customers receive these services as described, they are likely to become highly interested in engaging with your website. I also took the opportunity to visit your website where I noticed a compelling comparison that would undoubtedly capture the attention of gamblers. You have just started your journey, you will definitely get better response if you can provide the service accordingly.
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August 21, 2023, 07:23:00 AM
 #77

Welcome to the forum, I’ve given the casino a scan through the pages on its offers and the manifesto, it seems like a good one but, one cannot really tell for sure although, it’s uncommon to have casinos seek for customer protection of himself or herself from the casino and if this could be managed properly to reduce customer loses, it’s a good initiative.

Still, there are gamblers that loves to take risk and be a little reckless. With there bankroll in consideration, it seems the casino wouldn’t be for them, am I saying this right?

Quote
To uphold our commitment to fairness, we will not impose wagering requirements on our bonuses, promotions, or any other incentives we offer our players.
What might the criterion be in dishing out bonuses as we all know, this is one of the most abused parts to promotion. To not have a criterion in place might lead to a rush towards exploitation. As much as the casino hopes to protect customers, what’s in place to avoid bonus exploitation as you ought to protect yourself from malicious acts from customers as well.

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August 21, 2023, 07:50:33 AM
 #78

I saw the signature campaign of Moneypot and visiting this thread, I know more information. The casino is built with code from bustabit, bustadice that are trusted gambling sites. Many years of operation with good reputation, provably fair and the Moneypot team did chose a good partner to build up your casino.

Good security, fair enough (provably fair), trusted enough and with the signature campaign that will go lively soon, MoneyPot will catch attention of gamblers including who are actively in Bitcoin talk forum.

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August 21, 2023, 09:43:54 AM
 #79

Nice to see Moneypot growing. I just checked the stats, and it's not bad for a new startup. 371 BTC was wagered already; unfortunately, the Investors' profit is -2.54 BTC already. I know that house always wins in the long run, but how long does it take to get back to the profit? Of course, Moneypot also needs more active players and some high rollers.

Crash hunt competition in games and round sections would be an excellent addition. I am sure players would like to play in a casino with such a low house edge. This platform needs a little more exposure all over the forum and the internet as well.

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August 21, 2023, 09:55:41 AM
 #80

hi OP.. i really like the design of your site, stay active on this ANN topic, best of luck Smiley

snip
A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were.
but if they do run their own sig campaign, they should not expect that gamblers will flock on their site. they may attract some but there's no guarantee that they will stay and deposit big. most of them are already patrons of reputable casinos in the forum, so playing on a new one is not really their inkling.
but if they can offer some rewards or competitive bonuses, some of them may stay and take advantage of their attractive perks.
the developer who conducts a signature campaign on this forum certainly has great expectations that their site will be visited by many players and the steps taken by the moneypot developer are correct, i visited the moneypot site and it is true as they claim that the developer used some code from bustadice and bustabit, with consistent and structured marketing tricks i'm sure moneypot will get wide attention especially they have a very good site name, i really like that.

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