Post
Topic
Board Gambling
Re: MoneyPot.com :: The bitcoin gambling wallet
by
tonino
on 31/05/2015, 09:52:47 UTC
Seems like you will get alot of advantage for being developer and use moneypot bankroll.

The split of profit is 50 50 . If I am a developer and bet at my own site for 1 btc and win, I will get 2 btc . If I lose 1 btc, then I will get back 0.5 since the split of profit is 50 50 isnt it? this is simple calculation assuming that there are no investor, of course after cutting with the investor profit I will still get back like 0.4 btc , so It is a plus point betting at my own site if I am the developer right?

what if you will lose 10BTC and some other players at your site will win 10BTC. how much will you get back from MP? IMO 50% from house edge of 1% of turnover
and what if you win 10BTC and some other players will lose 10BTC. how much will you get from MP?
............
or will MP  hold the losing bets only and will decline the winning bets? I don't thinks so