Post
Topic
Board Gambling
Re: 🌟🎲🌟 MoneyPot.com
by
BTCevo
on 27/10/2016, 08:19:23 UTC
20 BTC Max win in a single bet cap will go live today.



I understand why you are doing this. When a MoneyPot app charges a high house edge, you can get very large winnings. E.g.:
bankroll = 900 BTC
house edge = 10%
Max profit = 900 x 0.1 = 90 BTC
A very lucky somebody could decimate the bankroll, which isn't good for investors.

But I want to plead for a max cap if the bankroll is small, but a variable one if it gets bigger. E.g.:
small bankroll
500 BTC
house edge = 11%
Max profit = 20BTC => max cap
large bankroll
6000 BTC
house edge = 11%
Max profit = 6000 x 0.01 = 60BTC
In this case it is cap'ed on 20BTC for small bankrolls, but if it get's higher, no matter how high the house edge is, it will be 1% of the bankroll. It allows for higher max profits, when MoneyPot becomes more popular for investors.

Yeah you got some point there. But do you ever think that how about the investment keep decreasing? Or there will be a lot of winner out there? What are you going to do? Lowering this max winning again? You cant do this all the time though