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Author Topic: bustabit.com -- The Social Gambling Game  (Read 293996 times)
espringe (OP)
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September 23, 2014, 11:19:25 PM
 #161

Thanks Dooglus, that's a great description! I might steal it if you don't mind

Unless you're the biggest player you can never scoop the whole 1% bonus pot:

and for everyone: the intuition behind this is, if it was possible for the non-biggest player to scoop up the entire bonus pot -- it would be unfair to the biggest player.

But yeah, I need to think of a good visualization for showing the bonus pool. Actually, I think the most important thing is seeing how much your bonus was as a % of your bet (so you can try play a +EV game)
dooglus
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September 23, 2014, 11:27:35 PM
Last edit: September 24, 2014, 02:35:21 AM by dooglus
 #162

Thanks Dooglus, that's a great description! I might steal it if you don't mind

I don't mind.

Edit: I missed mentioning what happens if there are still coins in the pot after all the players who successfully cashed out took their cut. I think it gets divided between all the losing players in proportion to their stake, but maybe that's not right.

Also, when the game insta-crashes, no bonus is awarded I think.

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   1% House Edge
MRKLYE
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September 24, 2014, 05:07:29 AM
 #163

I have found out the secret as to what the moneypot graph actually is!



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Bit-Gods
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September 24, 2014, 12:03:36 PM
 #164

lol

Motor_Licker
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September 25, 2014, 01:41:17 AM
 #165

this game has ruined my life. https://soundcloud.com/120proofofwork/thesaddestsongever
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September 25, 2014, 03:39:46 AM
 #166

Hi Guys,

You might know me as the author of BitUndo and Bitcoin Vigil, well today I'd like to let you see the latest project I've been working on ... a bitcoin gambling site!

https://www.moneypot.com/ -- A Social Bitcoin Gambling Game

http://s1.postimg.org/afai2mq3f/0nw56ymt.jpg

It's based on quite a unique concept  ( I came up with myself ), and it's quite simple and fun. The game is mostly luck (So no matter what you do, you can still get a good return) but yet allow strategic play when playing with others, enough to overcome the house edge.

Faq
House Edge Calculator
Strategy Guide

If you want to give it a try without commitment, there's a builtin faucet that gives out 2 bits (2 millionths of a bitcoin) an hour.

Any feedback is highly appreciated. Everything should be 100% functional, including deposits and withdraws -- and you can have peace of mind, that the funds are safe against hacking (they're stored completely offline, with bip32 generated addresses), and I hope to release a proof of solvency shortly.


Cheesy please make a twitter for #moneypot! maintain the hype, this could be something great! <3
espringe (OP)
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September 25, 2014, 04:14:27 AM
 #167

Cheesy please make a twitter for #moneypot! maintain the hype, this could be something great! <3

Thanks! I retweeted a lot of the posts:

https://twitter.com/moneypotgame



Here are my personal favorites:

https://twitter.com/Motor_Licker/status/514951014969913344

^ A Money Pot Song! And it's actually quite catchy



https://twitter.com/Cryptopathic/status/514790331658035200

^ Watch the video. I was laughing so hard I almost cried



https://twitter.com/bitcoin_dad/status/514873484787601408

^ And that sums up  my relationship right at this moment
Stratobitz
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September 25, 2014, 05:14:54 PM
 #168

How long do withdrawals take? Mine still says pending it's been a while.

Strato
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September 25, 2014, 09:54:02 PM
 #169

How long do withdrawals take? Mine still says pending it's been a while.

Strato

They are usually automatic unless the hot wallet needs a refill than they are manual. Usually no longer than 1-2 hours most of the time I think.
Bitcoinexp
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September 26, 2014, 05:23:08 AM
 #170

Hi sir, It's been so long since we've conversed. I'll just make it short, you gave me more than you were obliged to in your game moneypot.com. So I'm going to return the favor. Check your email for full contents, sir.  Smiley
marechoux
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September 26, 2014, 10:20:18 AM
 #171

I love your game ! Do you plan to have some investors like just-dice style? it could brings more people and the more people play the more funny the game is Smiley

1st time I am ready to gamble Wink
marechoux
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September 26, 2014, 12:14:55 PM
 #172

Actually there is one issue and a big one.

I have played with pretty good EV+ as other gamblers cashed out quicly, but my ROI was still very negative, I thought it was just bad luck but I did hundreds and hundreds bets, and still negative ROI.

So I checked and I found out that my bonus had never been paid.

Maybe I am wrong and I don't understand how it's working but my win should be odd*bet + bonus  right?

Bonus is always missing....

My account is marechou, you can check, maybe this bug is only for me....

I don't blame you, the site is pretty new it possible there is some bug, but in this case I would like you cumulate all my bonuses and reimburse me.

Thank you, and good luck with your betting game Wink
kolloh
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September 26, 2014, 12:43:05 PM
 #173

Actually there is one issue and a big one.

I have played with pretty good EV+ as other gamblers cashed out quicly, but my ROI was still very negative, I thought it was just bad luck but I did hundreds and hundreds bets, and still negative ROI.

So I checked and I found out that my bonus had never been paid.

Maybe I am wrong and I don't understand how it's working but my win should be odd*bet + bonus  right?

Bonus is always missing....

My account is marechou, you can check, maybe this bug is only for me....

I don't blame you, the site is pretty new it possible there is some bug, but in this case I would like you cumulate all my bonuses and reimburse me.

Thank you, and good luck with your betting game Wink

In case you are not aware, you need to refresh the page to see the bonuses that you have won. You will still get the bonuses but will not see them in your balance until you refresh the page.
marechoux
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September 26, 2014, 12:46:27 PM
 #174

Ok this is it !I did not refresh for hours that is why... My ROI is still negative, but less, but now I can say it's only bad luck.

Thanks
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September 26, 2014, 01:49:13 PM
Last edit: September 26, 2014, 02:26:02 PM by alani123
 #175


Did this guy really create a song about moneypot? Well, That was pretty interesting and impressive.  Smiley

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dooglus
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September 26, 2014, 08:46:17 PM
 #176

quote author=marechoux link=topic=709185.msg8979748#msg8979748 date=1411735587]
Ok this is it !I did not refresh for hours that is why... My ROI is still negative, but less, but now I can say it's only bad luck.

Thanks
[/quote]

Note that you can click any game in the history and it will open a new tab which shows your real balance so you don't need to refresh the game tab itself.

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   1% House Edge
Babba D
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September 26, 2014, 09:05:02 PM
 #177

quote author=marechoux link=topic=709185.msg8979748#msg8979748 date=1411735587]
Ok this is it !I did not refresh for hours that is why... My ROI is still negative, but less, but now I can say it's only bad luck.

Thanks

Note that you can click any game in the history and it will open a new tab which shows your real balance so you don't need to refresh the game tab itself.
[/quote]

Just was searching for dooglus in google and i found a story which made me very happy and emotional  I found there once a user scammed you of a tons of btc because you frget to remove coins from his account .

THEN WHAT THE COMMUNITY HELPED WAS EMOTIONAL , made me very emotional dooglus .

SORRY OP i was a  bit off topic but i am too emotional right now , sorry and your game is out standing !

espringe (OP)
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September 27, 2014, 04:46:45 AM
 #178

Actually there is one issue and a big one.

I have played with pretty good EV+ as other gamblers cashed out quicly, but my ROI was still very negative, I thought it was just bad luck but I did hundreds and hundreds bets, and still negative ROI.

So I checked and I found out that my bonus had never been paid.

Maybe I am wrong and I don't understand how it's working but my win should be odd*bet + bonus  right?

Bonus is always missing....

My account is marechou, you can check, maybe this bug is only for me....

I don't blame you, the site is pretty new it possible there is some bug, but in this case I would like you cumulate all my bonuses and reimburse me.

Thank you, and good luck with your betting game Wink

Hi Marechoux,

As you realized, the bonuses don't get added to the display unless you refresh the page. It's become some what of a bug-turned feature.

I'm always interested in players who go for the bonus, so let's have a look at your account:

You wagered a total of 1,824,045 bits over 1342 games. Over these games you collected: 26,868 bits in bonus! Which works out to about 1.473% of your wagered amount, you got a bonus. Nice work! However, 1% of that is what you are paying to the pool. So over your entire games you could say you're making about 0.473% more from the bonus pool than you're putting in.

HOWEVER, you also need to take into consideration the house odds. They are scaling between 0 and 1%, where at 2x multiplier the house odds are around 0.5%.

In a lot of games like:

https://www.moneypot.com/game/593806

you really got roped into staying in for far too long, where chance of getting the bonus is much, much lower and the house edge is getting much higher. I'm not entirely sure you were actually playing with +EV. You likely would fair a bit better if you don't worry about being the *last* person to cash out, but just be after most of the big players are out.


Anyway, really great stuff -- I love seeing people doing the PvP side of things and taking each others bonuses!
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September 27, 2014, 07:58:46 AM
 #179

Interesting stats ! How could I acces to theses stats, cause in my public profile I have "grosss profits" and "net profits" but I don't have the amount wagered neither the total bonus won.



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September 27, 2014, 10:22:07 PM
 #180

i hope non-standard gambling games start to pick up like Moneypot.  Would love to see a whole new genre of gambling games come out of our BTC world!
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