Post
Topic
Board Gambling
RE : BetterBets.io - Bitcoin Casino ★Unique Luck Forging★ Powered by MoneyPot
by
Venusianism
on 21/06/2015, 07:54:50 UTC

 [..Shenanigans & Concerns..]


Hello Venusian*,

First, congratulations on taking the top spot for most profit. Secondly, I totally agree with you, we should have the max payout listed for players. Right now we are allowed a max payout of 1.5% (per MoneyPot's investment bankroll) per single bet. So that would mean you can win 219411048.21 (satoshis)BTC or to simplify: 2.19 BTC per bet. So to answer your question, it is based on max payout not max bet. We are currently working on several things right now but I wanted you to know because of your post I added this idea to our enhancement tracker list to show on site what the max bet payout is. It may be a bit before it is implemented but I agree completely it's a great idea. Max payout will change as more people invest in MoneyPot.com's bankroll or Ryan decides to add more as needed.

We would love to allow for at least a max payout of 5 BTC in the near future for players. If anyone is interested you can invest in MoneyPot's bankroll here: https://www.moneypot.com/investment as you can see investors are doing pretty well so far but with any investment this fluctuates depending on the luck of the players betting. The limit per app is based on RHavar's discretion for us he agreed to 1.5% but this is something that could go up or down as our site matures.

Regarding multiple accounts and using our built-in bot, there is no policy against this since you are genuinely betting just using multiple accounts so there is no issue doing this it is completely up to the player.

Venusian if I was unclear or missed any points in your post just let me know and I will try my best to answer them, thank you for being a strong supporter of the site and your suggestions are always welcome.


 No you didn't miss anything lol I was just busy. And it's a pain writing so much text ;3  Haha somehow I bet Ryan's annoyed w/ me now for my last post ;p

 Yea, thanks Bjorn & Arall, prompt & useful answers as always ;p  So this means the MaxBet Size allowed per roll is tied entirely to what kind of bankroll moneypot has at the time + the discretionary per-site MaxWin 'Risk Limit Value', I see..

 Thus returning a theoretical upper limit for max bet size currently around ~109.95BTC wagered @ 1.02 payout multiplier (the highest win-odds-%/lowest-payout-% setting allowed) [1.5% x ~146BTC MP bankroll = 2.199 divided by 0.02 = 109.95] ; While the lower limit for max bet amount would be at 0.00022212BTC for a ~9900x(?) bet return on a <0.01%/>99.99% roll. Which means to reach your desired ideal of 5BTC BetterBets MaxWin value, MP's bankroll would have to increase by roughly ~186.83BTC Wink