bustabit.com -- The Social Gambling Game

[espringe]

As always, nice work Doog.

I'm not convinced it's right, because it's not clear how to say that part of the bonus pool you expect to get if you win or lose. I think I would prefer to see the calculator ignore the bonus completely, since it's almost a zero sum game.

I agree, I'lll change it to be zero sum for the house (instant crash in 1 in 101 games, as opposed to 1 in 100) and we can really simplify the calculator and calculations.

[1714854233]

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[scottybweyy]

As always, nice work Doog.

I'm not convinced it's right, because it's not clear how to say that part of the bonus pool you expect to get if you win or lose. I think I would prefer to see the calculator ignore the bonus completely, since it's almost a zero sum game.

I agree, I'lll change it to be zero sum for the house (instant crash in 1 in 101 games, as opposed to 1 in 100) and we can really simplify the calculator and calculations.

Yea thanks Doog!

It's definitely not very intuitive for such a simple game looking at the equations. I took a crack for 25k bet amount @ 1.21x after seeing the example  calculations and factoring out the bonus. Let me know if you concur Eric/Doog.

b = player bet
m = player multiplier
probCrashing = 0.01 + (1 - 0.99/(m-0.01))

winProb = 1 - probCrashing = 1 - (0.01 + (1 - 0.99/(m-0.01)))
expRet = expHouseWinAmount - expHouseLossAmount = (b*((1 - 0.99/(m-0.01)))) - (b*(m-1)*(1/m))

winProb = 0.815
expRet = 36.157

[Coef]

can i have some to try?

iD: banklunjo

After you register your account, you can claim 2 bits (200 satoshi) every hour on https://www.moneypot.com/request

[el kaka22]

to many 1.0 then crashed .. lol
always lost my kite =P

[enryk]

If I was to auto-bet and stop at 1.01, and the game crashed at 1.01, then do I get paid the amount back or is it accounted as a loss?

[xrnath]

https://www.moneypot.com home page is loading OK however https://www.moneypot.com/play just displays Connecting to server... Anyone else having the same issue?

I've tried from Chrome & Safari and from two different computers.

[scottybweyy]

https://www.moneypot.com home page is loading OK however https://www.moneypot.com/play just displays Connecting to server... Anyone else having the same issue?

I've tried from Chrome & Safari and from two different computers.

Same here.  Game froze but chat window was still active.  I tried to refresh and got the same error.

[DarKSpectrE]

Eric, the site's down

[blockage]

As always, nice work Doog.

I'm not convinced it's right, because it's not clear how to say that part of the bonus pool you expect to get if you win or lose. I think I would prefer to see the calculator ignore the bonus completely, since it's almost a zero sum game.

I agree, I'lll change it to be zero sum for the house (instant crash in 1 in 101 games, as opposed to 1 in 100) and we can really simplify the calculator and calculations.

The calculator is a bit inconsistent. It doesn't take the bonus into account for 'Profit if win', but it does for 'House Expected Return' and 'House Margin'. One can be more explicit about the potential bonus for the profit. I don't know what a good story for the house numbers are except for assuming 1% bonus, because that's what it basically is from the house's point of view.

Yea thanks Doog!

It's definitely not very intuitive for such a simple game looking at the equations. I took a  for 25k bet amount @ 1.21x after seeing the example  calculations and factoring out the bonus. Let me know if you concur Eric/Doog.

b = player bet
m = player multiplier
probCrashing = 0.01 + (1 - 0.99/(m-0.01))

Your crash probability is slightly off. It should be 0.01 + 0.99 * (1 - 0.99/(m-0.01)) or more explicitly p + (1-p) * (1 - 0.99/(m-0.01)) where p is the instant crash probability.

winProb = 1 - probCrashing = 1 - (0.01 + (1 - 0.99/(m-0.01)))
expRet = expHouseWinAmount - expHouseLossAmount = (b*((1 - 0.99/(m-0.01)))) - (b*(m-1)*(1/m))

Has to be adjusted with the correct crash probabilit, but then it's fine. But note that the expRet doesn't take bonus into account.

[blockage]

Eric, the site's down

The web server is online but the game server isn't

Code:

Failed connect to game.moneypot.com:443; Connection refused

The host is up though. It's 4:25am in GDL, so I guess you have to be patient some more.

[DarKSpectrE]

Dooglus, can you check if the game is rigged? 

[BBmmBB]

Dooglus, can you check if the game is rigged? 

dooglus is linked with them why would he bash his own investment? lmfao 

[dooglus]

Dooglus, can you check if the game is rigged? 

The game used to be hosted on heroku, which only lets you change things by uploading a whole new version, and each upload gets logged, along with its git sha identifier which means it's possible to know what code is running and to be sure that it hasn't been tampered with.

When that was the case, I checked the code out, and it was identical to what is available in the github repository.

The 'crash point' generation code is pretty simple, random, and not based on anything to do with how much people bet (other than that games end early with a forced payout to stop the house losing more than 2 BTC in any single game).

Someone reported Eric to heroku, saying his site was in violation of their T&C, and it was removed. He has since moved to a different host, and I no longer have access to verify what code is running.

tl;dr: no, but I could in the past and it looked good then

[BBmmBB]

<Eric> One thing we know for sure, is when the hash is sent to the client -- the result is locked in place
<Eric> and the server *cannot* change the outcome
<Eric> That is provably the case
<Eric> It is impossible for me to vary the outcome of the game depending of bets
<Eric> that is a fact



^^^^^^^^^^^^^^^^




the cumulative bet amounts do in fact influence the outcome because they will crash the game if they reach a certain limit.

 


so the chosen outcome is not set in stone ...


what am i missing?

[jaysabi]

<Eric> One thing we know for sure, is when the hash is sent to the client -- the result is locked in place
<Eric> and the server *cannot* change the outcome
<Eric> That is provably the case
<Eric> It is impossible for me to vary the outcome of the game depending of bets
<Eric> that is a fact



^^^^^^^^^^^^^^^^




the cumulative bet amounts do in fact influence the outcome because they will crash the game if they reach a certain limit.

 


so the chosen outcome is not set in stone ...


what am i missing?

The game doesn't crash if the game reaches the payout limit, it just cashes everyone out and tells you what it would have crashed at. This is not the same. If the game cashes you out because you've reached the max win, you still get your money.

[My Name Was Taken]

Looks like the site has been sold then? Did I miss the announcement?

[MoneyPotGame]

Well, look at that.

Over the next month I will work closely with Eric to take control over the site. As we have agreed, Eric will hold the existing players balance in escrow for a period of 6 months. I hope with everyones assistance to make moneypot dice++. For this to happen, we need to set the bar high and offer proper guarantees, especially now so that money pot clone site are appearing. The last thing I want to see is people using the concept and code to rip off players.

We have made plans on how to implement this, and will develop the scheme in public. Once we have done so, we will switch the site to my control where every outcome is guaranteed fair. I will outline the technical details of the scheme further, but it is based on the early work of Dooglus in this very thread.

I don't want money pot to be my game, but rather a community game. I am committed to having all development done in the open, and encouraging participation. I will see to it that we all benefit from this arrangement.

As one of the very few gambling games that players can actually overcome the house edge, I would like to explore this much further. Things like real time bonus statistics, as well as information about how you've been doing from a EV perspective and not just profit and loss. We are only scratching the surface on what can be achieved on the skill based attribute of the game.

And of course, more than anything, Money Pot is supposed to be fun. This means I have a lot of work ahead of me on the front end, but most importantly getting it to work on mobile (which is a real crime that it doesn't).


I look forward to money potting with you all! Thanks for your support, and see you in game!

[finlon]

will be mining, can anyone set up a pool please, thanks.

 

Mining?
Seems the site has been sold, how much was it sold for?

[Dabs]

100 BTC it seems.

[jaysabi]

100 BTC it seems.

It seems? What are you basing it on?