Quote from: Mr.right85 on Today at 07:23:00 AM

Quote

To uphold our commitment to fairness, we will not impose wagering requirements on our bonuses, promotions, or any other incentives we offer our players.

What might the criterion be in dishing out bonuses as we all know, this is one of the most abused parts to promotion. To not have a criterion in place might lead to a rush towards exploitation. As much as the casino hopes to protect customers, what’s in place to avoid bonus exploitation as you ought to protect yourself from malicious acts from customers as well.

We've been having small giveaways but don't have any promotions in place yet. We certainly don't want people to take advantage of them, so when that happens, I will make sure we take the necessary precautions.

Quote from: Learn Bitcoin on Today at 09:43:54 AM

Nice to see Moneypot growing. I just checked the stats, and it's not bad for a new startup. 371 BTC was wagered already; unfortunately, the Investors' profit is -2.54 BTC already. I know that house always wins in the long run, but how long does it take to get back to the profit? Of course, Moneypot also needs more active players and some high rollers.

It's hard to say. Bankroll investments are highly volatile, and their expected rate of return can vary a lot depending on the size of the bankroll, Bitcoin's price, investments or divestments being made, how lucky players are, etc. But in the long run, it's expected to make money. That's why I recommend seeing it as a long-term investing option.

Quote from: hopenotlate on Today at 11:15:12 AM

Quote from: leomedina on July 13, 2023, 03:33:15 PM

This is the first time I hear of Provably Honest site/service and also checking their whois datas,

Code:

Domain:
provablyhonest.com
Registrar:
CloudFlare, Inc.
Registered On:
2023-05-23
Expires On:
2024-05-23
Updated On:
2023-05-23

if I get them correctly, they launched just recently (just 12 days after the creation of your account here, likely just a coincidence) : are you affiliated in some way with their business? And are you aware of other gambling sites using their services?
Asking because not having am IT background am not able to properly read their API documentations by myself and am just trying to get a general idea.

We are not affiliated in any way, but we are the first casino to work with them. What they had mentioned to me was that other casinos showed interest in using their Vx service, but I don't know the details.

Quote from: hopenotlate on Today at 11:15:12 AM

Quote from: leomedina on July 13, 2023, 03:33:15 PM

until i see this message displayed I can invest without commission or is there the risk that it will become outdated ( the 3BTC quota has been reached and for some reason it is still there)?

No, you can invest without having to pay a dilution fee until I announce that the commission-free period has ended. But that won't happen until the bankroll grows a bit more.

Quote from: hopenotlate on Today at 06:06:25 PM

Quote from: Mahdirakib on Today at 05:40:27 PM

Quote from: hopenotlate on Today at 11:15:12 AM

until i see this message displayed I can invest without commission or is there the risk that it will become outdated ( the 3BTC quota has been reached and for some reason it is still there)?

It will bring losses to MoneyPot team if they still share commissions with the user while the 'investors profit' is down from the 'investors all time high profit'. Because, they have already given the commissions while the house was making profit. Moreover, MoneyPot bankroll is down 2.7+ Bitcoin now. They will start sharing the commissions again when the ATH profit of investors will be regained. MoneyPot has used the same concept of Bustabit here.

Am not sure the word "commission" written on the screenshot I posted is referred to what you are talking about ( the commission on the profits Moneypot takes whenever tatal bankroll exceeds the previous all-time high and corresponds to 60% of the difference between new ATH and old ATH) : as per my understanding that 3% written there is the "dilution fee" ( set up to incentivize long term investors and to reward earlier investors) that is deducted whenever someone invest into site bankroll.
Maybe using that same definition "commission" may induce in some misinterpretation.

The dilution fee is 0 until new notice. That 3% really is our commission rate right now:

Whenever the bankroll's profit exceeds its previous all-time high, MoneyPot will receive a commission on the profits exceeding the previous all-time high. For example, say the bankroll's profit all-time high is 100 BTC, its current profit is 99 BTC and players combined lose a total of 4 BTC in a round. 3 BTC of that is net profit (exceeding the previous all-time high), so with a commission rate of 3% MoneyPot would receive 0.09 BTC and the remaining 2.91 BTC would go to the bankroll (investors). The commission is charged in real time, so investors can invest and divest whenever they like.

What that means is that it might be a good time to invest, because the house receives very little commission at the moment