Quote from: gamblingbad on August 07, 2016, 03:50:48 AM

Quote from: thirdchance57 on August 07, 2016, 02:33:00 AM

Quote from: fullypak on August 07, 2016, 02:24:25 AM

Quote from: thirdchance57 on August 07, 2016, 02:04:12 AM

Has anyone had any bad experiences with moneypot? I am not the type of person to throw a wrench in the mix here, but I found from experience that most of these websites offering interest on their investments end up turning scam. I do not see nothing negative from them yet, but does anyone else think this may be a possibility? I am not saying it will, just looking for an opinion.

I don't think they may scam your money, but if you have a plan to invest money for short term then you may lose money by investing in any casino sites because this kind of investments will give good returns only over the time but in a short time no guarantee. They are giving interest on your investment. But if they make a profit from their bankroll then you will also get some portion of profit, if they lose, you will also lose.

I do thank you for your input on this. Is there anyone on here who has invested with them for a longer period of time? I am not looking to make a large investment and I understand what it means to be in a long term investment, but I do not want invest into something where I will get 2% back per year. I can go to a bank for that.

You have a nice bank that give you 2% a year=)

You would be lucky to get 0.5% per year from the bank. This is something that causes people to take on additional risk in order to potentially get higher returns, and is the desired effect of QE.

In order to figure out roughly how well your investment should perform over a year, take the average daily amount that is gambled at MP, multiply this by 1.825, this is the amount of returns the bankroll should earn over a year with a 0.5% house edge. You can then divide this amount by the current bankroll amount to get an estimate as to how much you are expected to earn on your bankroll investment on an annual percentage basis.

The above assumes no betting growth and no bankroll growth with is unusual for a new site like MP.