Post
Topic
Board Gambling
Re: [BETA] BidPot.XYZ - Penny Auction + Gambling | Powered By MoneyPot
by
bryankek
on 02/01/2016, 13:34:17 UTC
Does Moneypot work with penny auction game? Let's say if there is only one bid in a round, that bidder will surely win and the house will surely lose. Isn't the bet has to be +EV to the investors for MP to be accepted?

Currently, BidPot.XYZ only uses MP for managing the funds. The initial pot is funded entirely by BidPot.XYZ. The pot then grows as more users place their bids. Currently, the initial pot averages at about 100 bits, but this amount will increase as the bankroll grows.

I have plans in the future to place bets to MP(out of the bid fee) and increase the pot with the winnings, effectively offering a larger pot to the players.