Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Gambling
Re: MoneyPot.com -- The Social Gambling Game
by
binaryFate
on 11/10/2014, 13:17:19 UTC
Quote from: marcotheminer on October 11, 2014, 01:15:12 PM
Quote from: binaryFate on October 11, 2014, 01:13:19 PM
Quote from: marcotheminer on October 11, 2014, 01:06:39 PM
Quote from: binaryFate on October 11, 2014, 01:00:24 PM
Do I get it right that the goal is to be the last player to cash out right before the game "crash"?
What would prevent the site owner to play himself, since he knows the gameCrashAmount and could act as a lucky winning player (effectively a shill)?

If that is possible, then the game is only "provably not changing results", but not provably fair.
The owner could win abritrary high gains (possibly choosing to remain within a realistic variance).

Maybe I misunderstood how the game works... Please comment.


The site can't be invested it, so the owner would essentially be winning his own funds.

Other than that, the site is like every other gambling site, the owners could cheat but need to be trusted not to.

You are right that the same problem occurs on other games with respect to investors, but the investors know it, and the games are provably fair at least towards players.

So here the last player to cash out doesn't get other players funds? In other words, the outcome of a round for a player is only dependant on his/her own action and not other players actions?

"the outcome of a round for a player is only dependant on his/her own actions" correct! There is a small bonus paid by the owner for the last person to cash out, but if I recall correctly, last player to cash out doesn't get other players funds.

Ok I stand corrected then, thank you for the precisions! This looks good then (unless this "little bonus" is playing any significant part to place the game within the 0-1% edge).