Post
Topic
Board Gambling
Re: as moneypot is closing who is next decent bankroll provider?
by
RHavar
on 26/08/2019, 18:08:06 UTC
Could somebody explain exactly what Moneypot is? Is it a tool that allows you to spread your investment across multiple site bankrolls to minimize risk? Or what?

I would definitely be interested in such a tool, or something similar. Post it here and you'll get merit if I see it.

The original moneypot was basically a "casino as a service".  The old homepage did a good (imo) job of explaining it:

https://web.archive.org/web/20151127194540/http://moneypot.com/

It was a pretty cool project, made a decent amount of money and had a ton of potential. I just couldn't handle the responsibility of it, and bustabit at the same time -- so decided to sell it. After that it was pretty badly mismanaged on multiple fronts. Some were pretty wtf, like increasing the perfectly configured risk (max of the optimal kelly) to a max of 3.33x that. Even when i provided them simulations that showed an angry whale would guarantee in expected negative bankroll growth and bust the bank, they ignored me. (And no prizes for guessing what came next).


There's definitely a few things I'd do differently if I did it again, but I think it was fundamentally a good idea that someone (who is not me) should revive   Grin