Ninjastic
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Board Gambling
Re: 🌟🎲🌟 MoneyPot.com
by
ranlo
on 28/10/2016, 04:47:58 UTC
Quote from: Lanzador on October 28, 2016, 04:20:06 AM
Quote from: Dogedigital on October 28, 2016, 04:05:45 AM
Quote from: dogtor on October 28, 2016, 02:17:02 AM
Moneypot just likes to lose and lose. Something is clearly up here...

We are only statistically 10 btc below equity.

Variance has leaned the players' way for the last few days but its not hard to do when several hundred bitcoin is being wagered over the course of minutes in some sessions.

Realistically, Moneypot would prefer a slow and steady investor profit that follows the theoretical expected value of the bets placed but variance can not be tamed.

Any irregular jumps either end up in the players thinking the site is rigged or the investors thinking they're getting swindled.

Luckily though Moneypot has verifiable provable fairness for players and all player stats and bet information is public for investors (we are also working on a blog that shows more detailed logs of big wins so that investors have an easier and more clear picture of whats been going on).





That's all well and good, but of course provides no guarantee that those who knows the rolls ahead of time don't use this knowledge to simply use investor funds as their own personal bank account

The funny side of this is if these big winners had lost, investors would be jumping for joy and it would be players crying about how it's rigged. It goes both ways. The site owners can't win: either players will say it's rigged or investors will. The same pattern has happened every single time. So all we can do is continue to be transparent and analyze the results carefully. And the simple fact is if a site that doesn't traditionally have a lot of whales has one come, it's either going to jump up or down, because they're either going to win or lose.