shulio
Legendary
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Activity: 1540
Merit: 1016
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March 23, 2015, 05:09:02 AM |
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does anyone have a strategy to win playing in moneypot
As long as the game has house edge, there's impossible to win every time. You need a pure luck to play it and win big. Here's my experience playing here : I try to cash out on 1.1x with 0.01 and I loss 1.1x still so risky , I tried with 1.01x and I lost all I also lost 0.3 play with X1.1 There will be no safe strategy, people might thought that if he played at safe cashout like 1.01x then he will indeed be safe from the crash points, but the fact is that there is none safe points as the crash points is random and there is actually chance to crash below 1.01, which is 1x and 0x
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MadeinCoin
Legendary
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Activity: 1386
Merit: 1003
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March 23, 2015, 05:13:18 AM |
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does anyone have a strategy to win playing in moneypot
As long as the game has house edge, there's impossible to win every time. You need a pure luck to play it and win big. Here's my experience playing here : I try to cash out on 1.1x with 0.01 and I loss 1.1x still so risky , I tried with 1.01x and I lost all I also lost 0.3 play with X1.1 There will be no safe strategy, people might thought that if he played at safe cashout like 1.01x then he will indeed be safe from the crash points, but the fact is that there is none safe points as the crash points is random and there is actually chance to crash below 1.01, which is 1x and 0x are you kidding , with 1:00 to play will not earn bitcoin
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Mediator
Legendary
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Activity: 1442
Merit: 1001
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March 23, 2015, 05:56:21 AM |
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does anyone have a strategy to win playing in moneypot
As long as the game has house edge, there's impossible to win every time. You need a pure luck to play it and win big. Here's my experience playing here : I try to cash out on 1.1x with 0.01 and I loss 1.1x still so risky , I tried with 1.01x and I lost all I also lost 0.3 play with X1.1 There will be no safe strategy, people might thought that if he played at safe cashout like 1.01x then he will indeed be safe from the crash points, but the fact is that there is none safe points as the crash points is random and there is actually chance to crash below 1.01, which is 1x and 0x are you kidding , with 1:00 to play will not earn bitcoin if you are in doubt and fear should leave it #AND
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shulio
Legendary
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Activity: 1540
Merit: 1016
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March 23, 2015, 05:58:47 AM |
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does anyone have a strategy to win playing in moneypot
As long as the game has house edge, there's impossible to win every time. You need a pure luck to play it and win big. Here's my experience playing here : I try to cash out on 1.1x with 0.01 and I loss 1.1x still so risky , I tried with 1.01x and I lost all I also lost 0.3 play with X1.1 There will be no safe strategy, people might thought that if he played at safe cashout like 1.01x then he will indeed be safe from the crash points, but the fact is that there is none safe points as the crash points is random and there is actually chance to crash below 1.01, which is 1x and 0x are you kidding , with 1:00 to play will not earn bitcoin Not really , playing with 1x still got a chance to get few bitcoins, as there are bonus for your bet, the nearer the crash points to the 1x, the bonus will be bigger, but in the end it is still not really safe as there are chance to crash at 0x
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Tlee88
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March 23, 2015, 08:30:18 AM |
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does anyone have a strategy to win playing in moneypot
As long as the game has house edge, there's impossible to win every time. You need a pure luck to play it and win big. Here's my experience playing here : I try to cash out on 1.1x with 0.01 and I loss 1.1x still so risky , I tried with 1.01x and I lost all I also lost 0.3 play with X1.1 There will be no safe strategy, people might thought that if he played at safe cashout like 1.01x then he will indeed be safe from the crash points, but the fact is that there is none safe points as the crash points is random and there is actually chance to crash below 1.01, which is 1x and 0x are you kidding , with 1:00 to play will not earn bitcoin Not really , playing with 1x still got a chance to get few bitcoins, as there are bonus for your bet, the nearer the crash points to the 1x, the bonus will be bigger, but in the end it is still not really safe as there are chance to crash at 0x sometimes I saw few members play with 1x , but when I looked at their graph , always is "Profit : -x.xxx BTC" .
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MKMarvel
Member
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Activity: 70
Merit: 10
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March 23, 2015, 09:47:10 AM |
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Got greedy. Damn.
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waterpile
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March 23, 2015, 10:00:18 AM |
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Got greedy. Damn.
I know what that feels like Well take it as a lesson to avoid it next time
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fortuity
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Activity: 89
Merit: 10
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March 23, 2015, 10:47:40 AM |
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Nice domain name! The honey pot of money, or people's bitcoin
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funtotry
Sr. Member
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Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
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March 23, 2015, 01:48:36 PM |
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Got greedy. Damn.
How much do you lose? I got greedy once and decided to try go for 3x, but crashed at 2.5x and lost, decided that I need to set a goal to take out.
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shanem
Legendary
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Activity: 1344
Merit: 1000
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March 23, 2015, 01:54:49 PM |
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Got greedy. Damn.
How much do you lose? I got greedy once and decided to try go for 3x, but crashed at 2.5x and lost, decided that I need to set a goal to take out. It is good to set a goal when to cashout but sometimes after I cashout, the chart goes to the moon and I regret my decision.
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funtotry
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Activity: 420
Merit: 250
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March 23, 2015, 01:58:37 PM |
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Got greedy. Damn.
How much do you lose? I got greedy once and decided to try go for 3x, but crashed at 2.5x and lost, decided that I need to set a goal to take out. It is good to set a goal when to cashout but sometimes after I cashout, the chart goes to the moon and I regret my decision. Yep but try to look on the bright side when you safely withdraw a good payout, I often just close the tab or look away so that I don't get sad about how much I lost
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shulio
Legendary
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Activity: 1540
Merit: 1016
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March 23, 2015, 02:11:25 PM |
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It is good to set a goal when to cashout but sometimes after I cashout, the chart goes to the moon and I regret my decision.
To cashout early and get some profit is always a better option , no one really knows if the chart actually gonna blow above 1000x or crash before 2x, so to cashout safely and control your greedness is always the best thing to do in gambling
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funtotry
Sr. Member
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Activity: 420
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March 23, 2015, 02:15:21 PM |
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It is good to set a goal when to cashout but sometimes after I cashout, the chart goes to the moon and I regret my decision.
To cashout early and get some profit is always a better option , no one really knows if the chart actually gonna blow above 1000x or crash before 2x, so to cashout safely and control your greedness is always the best thing to do in gambling Yea I don't rely on my gut because its usually wrong. I always cash out at 2 or 3 depending on the situation and how I am feeling. I don't really get greedy and hope for 10x because its very unlikely because I'd rather have 2x then 0x
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Minnlo
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March 23, 2015, 02:43:06 PM |
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It is good to set a goal when to cashout but sometimes after I cashout, the chart goes to the moon and I regret my decision.
To cashout early and get some profit is always a better option , no one really knows if the chart actually gonna blow above 1000x or crash before 2x, so to cashout safely and control your greedness is always the best thing to do in gambling Ironically the only way to beat the house edge is to play strategically to maximize your bonus, in which you need to bet high and cashout late. So in order to have +EV (safe in some sense), you need to play unsafe bets .
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CryForMeSky
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March 24, 2015, 02:21:18 AM |
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Ironically the only way to beat the house edge is to play strategically to maximize your bonus, in which you need to bet high and cashout late. So in order to have +EV (safe in some sense), you need to play unsafe bets . Not true (or ironic). The median crash point is 1.97x. So you just need to observe the other large bettors to figure out the optimal way to play each round. If they cash out over 2x, insta cash out and you'll hit the bonus more often than not. If they cash out under 2x (most do), you just need to cash out immed after they do. Since the house edge under 2x is <.5%, and the bonus 'house edge' is .99% (it crashes at 0x 1/101 times), as long as you are averaging a bonus >1.5%, you are playing profitably. It's very possible to get bonus' 2% and over on the regular cashing out around 1.2-1.5x, depending on how the other players are playing, assuming you bet around the same amount as the largest bettor.
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funtotry
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Activity: 420
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March 24, 2015, 02:23:35 AM |
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Ironically the only way to beat the house edge is to play strategically to maximize your bonus, in which you need to bet high and cashout late. So in order to have +EV (safe in some sense), you need to play unsafe bets . Not true (or ironic). The median crash point is 1.97x. So you just need to observe the other large bettors to figure out the optimal way to play each round. If they cash out over 2x, insta cash out and you'll hit the bonus more often than not. If they cash out under 2x (most do), you just need to cash out immed after they do. Since the house edge under 2x is <.5%, and the bonus 'house edge' is .99% (it crashes at 0x 1/101 times), as long as you are averaging a bonus >1.5%, you are playing profitably. It's very possible to get bonus' 2% and over on the regular cashing out around 1.2-1.5x, depending on how the other players are playing, assuming you bet around the same amount as the largest bettor. How is this possible? If the median (close to average) crash point is almost doubling your bet, how would they be in profit. The average payout should be 0.98x to have a 2% house edge. Am I missing something?
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CryForMeSky
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March 24, 2015, 02:57:12 AM |
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How is this possible? If the median (close to average) crash point is almost doubling your bet, how would they be in profit. The average payout should be 0.98x to have a 2% house edge. Am I missing something?
I'm not sure what you are missing. House edge means you get back a little less than what you wagered (over time). You could set the house edge to anything for any payout, you just adjust the frequency. According to MP, the house edge (bonus notwithstanding) @ 2x is .5%. That means that (0x notwithstanding) if you spin 2000 times and set your cashout to 2x every time, you'll expect to successfully cash out 995 times and you'll expect it to crash before you can cashout 1005 times.
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funtotry
Sr. Member
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Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
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March 24, 2015, 02:59:49 AM |
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How is this possible? If the median (close to average) crash point is almost doubling your bet, how would they be in profit. The average payout should be 0.98x to have a 2% house edge. Am I missing something?
I'm not sure what you are missing. House edge means you get back a little less than what you wagered (over time). You could set the house edge to anything for any payout, you just adjust the frequency. According to MP, the house edge (bonus notwithstanding) @ 2x is .5%. That means that (0x notwithstanding) if you spin 2000 times and set your cashout to 2x every time, you'll expect to successfully cash out 995 times and you'll expect it to crash before you can cashout 1005 times. Ok but they said the median was 2x right, meaning you will on average get a payout of 2x. On dice sites, this average is about 0.98 because less than half the time you hit double (2) and more than half the time you hit 0, averaging out about 0.98 with the house edge. So how is the average payout 2x on moneypot?
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CryForMeSky
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March 24, 2015, 03:02:55 AM |
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How is this possible? If the median (close to average) crash point is almost doubling your bet, how would they be in profit. The average payout should be 0.98x to have a 2% house edge. Am I missing something?
I'm not sure what you are missing. House edge means you get back a little less than what you wagered (over time). You could set the house edge to anything for any payout, you just adjust the frequency. According to MP, the house edge (bonus notwithstanding) @ 2x is .5%. That means that (0x notwithstanding) if you spin 2000 times and set your cashout to 2x every time, you'll expect to successfully cash out 995 times and you'll expect it to crash before you can cashout 1005 times. Ok but they said the median was 2x right, meaning you will on average get a payout of 2x. On dice sites, this average is about 0.98 because less than half the time you hit double (2) and more than half the time you hit 0, averaging out about 0.98 with the house edge. So how is the average payout 2x on moneypot? I said "The median crash point is 1.97x." because that was what was told to me when I asked. Median is similar to average, but not the exact same thing in all situations. Maybe the way they denote payouts is confusing you? If you instantly cash out and make a 1% profit, they list that as a '1.01x' multiplier, not a .01x multiplier.
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funtotry
Sr. Member
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Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
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March 24, 2015, 03:04:51 AM |
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How is this possible? If the median (close to average) crash point is almost doubling your bet, how would they be in profit. The average payout should be 0.98x to have a 2% house edge. Am I missing something?
I'm not sure what you are missing. House edge means you get back a little less than what you wagered (over time). You could set the house edge to anything for any payout, you just adjust the frequency. According to MP, the house edge (bonus notwithstanding) @ 2x is .5%. That means that (0x notwithstanding) if you spin 2000 times and set your cashout to 2x every time, you'll expect to successfully cash out 995 times and you'll expect it to crash before you can cashout 1005 times. Ok but they said the median was 2x right, meaning you will on average get a payout of 2x. On dice sites, this average is about 0.98 because less than half the time you hit double (2) and more than half the time you hit 0, averaging out about 0.98 with the house edge. So how is the average payout 2x on moneypot? I said "The median crash point is 1.97x." because that was what was told to me when I asked. Median is similar to average, but not the exact same thing in all situations. Maybe the way they denote payouts is confusing you? If you instantly cash out and make a 1% profit, they list that as a '1.01x' multiplier, not a .01x multiplier. Yes I think it is that that is confusing me. I know the difference between media an average but they are very similar and usually not far apart from eachother. I think I understand now. Thank you for clearing this up for me!
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