Post
Topic
Board Gambling
Re: 🌟🎲🌟 MoneyPot.com
by
dooglus
on 13/12/2016, 20:51:26 UTC
if [...] you are inferring that one of our team is cheating the bankroll, you would be incorrect

I don't see how you can be certain of that. Why is it not possible that one of the team is cheating the bankroll, given that people other than yourself have access to the server and could cheat in an undetectable manner.

I am in since profit was 425+ BTC.  Current profit is around 85 BTC. 

Is booking loss and divesting good?  I do not see any sign that it will go up anytime soooooon. Sad Sad Sad Sad

According to https://dicesites.com/moneypot the profit is 541.6 BTC, but 334.7 BTC (62%) went to the app owners and 126.4 BTC (23%) went to MoneyPot itself, leaving just 80.4 BTC (15%) for the investors. I'm not sure how that is worked out, but when investors are taking ~100% of the risk it doesn't seem fair that they get only 15% of the profit when the expected and actual profits are so close together. It's like the investors are paying an 85% commission on their profits.

To the extent that (a) you will not need your investment in the medium term, (b) trust that the owners of MP are not cheating the owners of the bankroll and (c) believe that MP will continue to have similar or greater betting volumes then you should keep your investment.

Do also need to (d) trust that there isn't some exploit allowing a third party to cheat.