Ninjastic
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Board Gambling
Re: MoneyPot.com :: The bitcoin gambling wallet
by
ranlo
on 27/11/2015, 22:39:57 UTC
Quote from: JackpotRacer on November 27, 2015, 10:16:39 PM
Quote from: ranlo on November 27, 2015, 10:08:11 PM
Quote from: JackpotRacer on November 27, 2015, 09:56:33 PM
Quote from: ranlo on November 27, 2015, 09:10:24 PM
Quote from: blockage on November 27, 2015, 11:35:48 AM
Quote from: yahoo62278 on November 26, 2015, 07:10:57 PM
My main concern as an app owner is will the % change? I dont think many ppl will be interested in making apps for MP for any less of a %.

tl;dr Making MP apps is better than running a standalone investment site, so make moar apps!

Really, why do you think so? Under the assumption that you want investors in your casino (either you can't BR yourself or you don't want to due to the risk) I always come to the conclusion that it is better to create a MP app than to your run a standalone casino with investments.

Historically (thanks @NLNico) the overall average edge of MP has been 0.9351% and app owners got an 0.5128% edge which translated to 54.84% of the expected profits. That is higher than for example the 50% of expected profits that Pocket Rockets Casino [Ref, NonRef] takes, the bitcoin dice site with the highest commission that I know of. In my opinion, it is safe to assume that you won't get a lot of investments if you start your standalone site with 54% commission and furthermore you miss the opportunity to source MP's userbase. Consequently, I think that it is better to run an MP app instead of a standalone investment site and that would also be the case if the app commission was lower.



In our case, my team is planning to add our own apps to the mix as well, to help build up the site more and help do more than just promote others'.

sorry but I am not sure that I understood what you are saying. your team will add more apps of your own? some more dice sites?

what apps you are going to promote? your new apps?

Not dice, but yes. And all apps will be promoted. I was just saying that we won't be sitting around in the hopes that things grow -- we're going to be extremely proactive on behalf of both ourselves AND the MP site owners/investors. It won't be stagnant.

thanks for trying to explain. what do you mean with "all apps will be promoted"?

I mean we'll be helping promote/build traffic to all MP-hosted sites. Marketing and the like. Every site that uses MP is essentially part of the MP family. As such, the owners have a vested interest in helping all of them flourish and grow.