Post
Topic
Board Micro Earnings
Re: coinpot.co scam or not
by
grahamlyons
on 13/05/2019, 23:55:38 UTC
No you clown, i will have to call bullshit on your reply, it has no substance what so ever, see bellow, also you are OBVIOUSLY associated with them since you
are defending them in every thread questioning them and failing pretty bad in your rule as just a happy user.. its rather obvious dude.. and anyone that reads my post,
check the sources and if they want do the math when it comes to your challenge bonus will realize who is full of crap.

"as for you stuff about the scam adverts, i cant really comment on those as i never use these investment systems. but yes im aware that some of them turn out as scams. but unless you have some evidence that coinpot is somehow involved with this then it does seem a bit tinfoilhat-ish"

ehh.. did you read anything? if you did and then clicked the link
https://www.ccn.com/bitcoin-generator-exploit-scam-clears-thousands

That is EXACTLY the proof you are asking for. read it all, check my sources and my claims and make sure
you can actually either refute them or i cant prove them before calling what i say bullshit, now you are baselessy accusing me of being dishonest
while i have proof and you have air.. Not exactly a feather in your hat.

Next, yes i can post a bunch of numbers.. but to claim that its the same as some wonder bs system is ridiculous..
Because all the statistics etc is based on real math from the real world and is not by my but by a university..

You have NOTHING except your own experience, you dont provide a single valid counterargument.


Sure the rolls i cant prove it, i guarantee its correct tho but the the FACT that if they would be fair they would with their bonus system loose twice as much money
as a casino makes on each dollar.. undisputed fact you cant change.

So i DO have verified proof, check the link AND again, sure my experience with the multiplier you can ignore, but not the numbers proving that a no edge gambling site
that then gives you bonuses making the edge yours...why would they EVER do that?

And again why would i fake or fudge anything, the only reason making the post is because my experience, my logic and other peoples verified information proves something sucks
and it makes me want to warn people to not waste time and money.. but again since you haven't been ripped off then all must be lies.. i rest my case.


so still no actual proof of anything then  Roll Eyes

ps. im not associated with them, other than that i use their service and and make some money via affiliate/referals etc so i defend them because i want people to know it is a good honest website and continue using it

ok just for a bit of an experiment i have just done 2 multiplier sessions and recorded the video...

500 rolls
1 token each
2x
alternate high/low

the videos are about 6 minutes long and can be viewed from here...

1. https://gofile.io/?c=xQUPxz
2. https://gofile.io/?c=RnOQMC

in the first video the final profit is -10 tokens. so i lost 10 tokens across 500 rolls which means i won 245 rolls and lost 255 rolls. this is a 10/500 loss = 2% loss
in the second video the final profit is 0 tokens, so my balance was the same at the end which means i won 250 rolls and lost 250 tolls. 0% loss

some notes
1. in both sessions the were various times during the 500 rolls where i could have stopped the auto-roll and taken a small profit or a small loss of over 10 tokens
2. in both videos you can see small runs of wins and small runs of losses. this might not seem random but is down to mathematical variance which is a completely natural effect of true random rolls
3. THIS IS IMPORTANT!!! i am NOT claiming that this is "proof" of anything, but i do believe that it is at least better evidence that the multiplier is fair than some random numbers posted by a newbie account  Kiss


but not the numbers proving that a no edge gambling site that then gives you bonuses making the edge yours...why would they EVER do that?

this is really simple to answer...
1. they have a 0% multiplier - this makes no profit or loss for them in the long run
2. BUT it does attract a lot of gamblers as it is much better odds than other dice/multiplier sites
3. these gamblers create lots of page visits which create lots of banner advert revenue for coinpot
4. coinpot use this advert revenue to pay for the challenges bonuses system (which in turn attracts even more users to their site) - and probably keep a % profit for themselves of course to pay for hosting/development etc
5. this appears to be a sound/honest business plan to me and doesnt involve them ripping anyone off - unless you really hate banner ads, in which case you can choose to stay away of course


if you are still unclear about all this then i suggest you google/read up about the terms "mathematical variance" and "provably fair" before replying