Post
Topic
Board Gambling
Merits 23 from 5 users
Topic OP
MoneyPot - Crash with the lowest house edge
by
leomedina
on 13/07/2023, 15:33:15 UTC
⭐ Merited by devans (10) ,DarkStar_ (10) ,Learn Bitcoin (1) ,hopenotlate (1) ,bitbollo (1)
I'm thrilled to announce MoneyPot.com, a Bitcoin crash game with the lowest house edge. What sets MoneyPot apart from other online casinos is that we start with a house edge of 0.1% and only increase it as little as necessary. We invite you to check out our manifesto and our maths page if you want to learn more.

Rock-solid source code

MoneyPot builds upon the code that powers bustabit and bustadice. I acquired the source code from Daniel a couple months ago, after having helped with its development for several years. As a result, MoneyPot has all the features you already know and use:

  • Instant deposits available
  • Highly optimized withdrawal system
  • Scripting support for custom strategies and bots
  • Backtesting with simulated money
  • Shiba the bot

Moving forwards, my team and I will be working exclusively on it. We have an exciting roadmap ahead and will be delivering updates over the coming months. And also, more games are coming in the future. Stay tuned!

Even higher bet limits

Bet limits have been virtually eliminated as we use the Kelly criterion to determine the house edge in each game. However, to prevent excessive loss in a single round, we have set a limit on the amount a player can win in one game to 5% of the bankroll. Additionally, we have set a limit on the total amount of winnings per game to 10% of the bankroll. As a result, high rollers can make even larger bets, win more, and overall players will be forced to cash out even less often.

Augmented provable fairness

Provably Honest participates in our provably fair game result generation and maintains transactions records of our games. This offers much better guarantees to players and investors:

  • The burden to validate games is no longer on the players. Provably Honest verifies all games on their behalf, without compromising their ability to independently validate them.
  • We can't know future game results until the start of the game. This helps us have a more secure system, which indirectly helps our bankroll investors and players.

Please feel free to explore their API docs to see how it works.

Investment system

MoneyPot's bankroll is publicly funded. The commission we receive will be calculated by converting the bankroll to special drawing rights (XDR) using the average exchange rate of the past 180 days, then dividing the result by 30,000,000 XDR. Thanks to our adjusted probability scheme, MoneyPot can offer higher limits without the need for a larger bankroll.

To incentivize investors to participate in the bankroll, we are waiving all dilution fees until new notice.

Back to the origins

As some of you might already know, MoneyPot was the first crash game in the industry. When Ryan took over in 2014, he rebranded it as bustabit, and moneypot.com was sold and eventually forgotten. In MoneyPot's early days, the house edge was dynamic. Because that's our main differentiator and we're starting with crash, it only seemed right to get our hands on the domain. That said, we are in no way affiliated nor know the team that operated it after Ryan. Back to the good old days!