[ANN] BtcDragon Casino Asset



  • @Bitdv said in [ANN] BtcDragon Casino Asset:

    Ill just put this up and it is the reason for maintenance on MoneyPot and will explain to the best of my ability, later when i get home but its to do with the profit sharing and App earning this is from Bitcointalk thread https://bitcointalk.org/index.php?topic=1737934.140
    Before this update:

    Player 'X' bets 100 Bitcoin at a 1% house edge.
    App Owner where bet is placed would receive 50%: 100 BTC * .01 (house edge) * .5 (app commission) = 0.5 Bitcoin
    Moneypot would receive 20%: 100 BTC * .01 * .2 = 0.2 Bitcoin
    Investor would stand to make a theoretical 0.3 Bitcoin based off leftover exposure to house edge.

    After this update:

    Player 'X' bets 100 Bitcoin at a 1% house edge.
    App Owner makes 40%: 100 BTC * .01 * .4 = 0.4 Bitcoin
    Moneypot makes 10%: 100 BTC * .01 * .1 = 0.1 Bitcoin
    Investor would stand to make a theoretical 0.5 Bitcoin based off leftover exposure to house edge.

    After 1B bets update:

    Player 'X' bets 100 Bitcoin at a 1% house edge.
    Player 'X' stands to theoretically lose 1 Bitcoin based off house edge.
    Investor stands to make a theoretical 0.5 Bitcoin after commission. After divestment fees, investor stands to make 0.4 Bitcoin.
    App Owner makes 0.4 Bitcoin (commission) and stands to make share of 0.05 Bitcoin from investor profits.
    Moneypot makes 0.1 Bitcoin (commission) and stands to make 0.05 Bitcoin from investor profits.

    TLDR; Investors performing at a better kelly criterion and are exposed to higher share of house edge which should theoretically equate to more profits in the long term.

    Ok to put this more into perspective , what they are doing is upping the investors cut to 50%, MoneyPots cut will be 10% and casinos cut is 40% of the House edge, but to comprensate , at the end of each month MoneyPot will share a cut of the investors profits 50/50 , so like a bonus at the end of the month, so the more the investors earn, the more we will get as a bonus, they from there figures are saying 5% of the investors profit from my reckoning, firstly i thought hmmm little step , but guarenteed 40% of the house edge and 5% bonus every month, especially if they have a great month will be good , and this will also incourage more investers to invest for a higher return, higher bankroll, higher bets can be made , higher house edge to split, so i think its a good thing in the long term of the site and the casinos as well!!



  • @Bitdv - I've read this thread extensively and I wanted to share some thoughts from one asset manager to another based on whats happened and what could be done in the future. I'm going to list some things that have been exposed (good and bad) but my goal is not dwell on any or "beat you with a noodle" as the past is the past. Consider my advise as a way for you to potentially generate more for your self and everyone.

    1. Please do not release additional shares for a while, I was an original investor in the first round of releases and actually paid a premium compared to the IPO price. Additional rounds of shares have been released supported by added development but not by income we all know that the goal is to generate income and we as a community are hoping you are right.

    2. Try to convince your Dev that holding or being paid in Burst is smart. After all your accepting it as payments from your players, why shouldn't your Dev accept it as well? Even if only a fraction of their payment is done in Burst it will help mitigate future sells on the Exchange.

    3. Hold your own burst, as the Casino operating manager and owner you are currently receiving the single largest payout from the site. I congratulate you on this as success deserves to be rewarded. You can help yourself by converting your BTC to Burst and holding, by holding you are saying that Burst has value which is preferred in the long term. You potentially could raise the value of Burst by a couple of Sat a week by your self, if you need BTC or your reserve is low, create sell walls, don't sell into them. As a business operator I always keep one year of operating costs in the bank liquid.

    4. Buy back your own assets: I know this sounds silly but you are instantly validating your investors evaluations on the free economy by purchasing back, I recommend you do it with a different wallet as some people may be threatened by the action, and it also allows you to keep track of buy backs VERY cleanly. My theory is, "If it wasn't enough profit for you you shouldn't have sold it yet". From your buy back account you can always resell them from there as well, this is a GREAT option compared to releasing more assets as you have moved the price using the free economy instead of diluting the economy.

    Again as a businessman and investor I wish you tons of success (though I'm bummed by buy order was stuck pending in the last round). I will accumulate more. I actually expect to see a small market correct in the open market evaluation of the asset due to the large number of shares released without supported income.

    Hope you find this informative from one Asset manager to another productive.

    -IceBurst



  • @IceBurst Thanks for the input mate and it is appreciated on the points

    1. No more assets will be released until i have hit certain goals in development and increased revenue.

    2. this is a tricky one, he is what i call a virgin crypto, he never had anything to do with cryptos before i got in his ear, slowly slowly steady monkey he is seeing the value in Burst, bitcoin and various other cryptos, when i started with him which was a while ago when i started this project it was fiat, so on that basis I have to stand to my original agreement there, but he is getting more curious to the point he said to me next time I release assets to let him know and he will look at getting some , i have paid him a small amount in BTC whuch he actually used to invest in the bankroll at Moneypot, so on this all i can say is this a work in progress.

    3. i understand what you are saying here , but this goes back to a earlier point , one of the main developments i want to have done before the next asset sale is the intergration of burst coin into the casino, it will be intergrated and work on the same platform , but from what i can see will be a seperate login, not thru Moneypot, it will have all the exact same functions and that , but the major difference will be that the casino holds the bankroll for it and controls it , so this will be what the next asset release will be for , so a small amount if any will be converted and the win lose factor will be the same as that is used at MoneyPot and im waiting on a reply from people here to help with this or get more depth info on it.

    4. Every Burst i have earnt through my personal account I have bought my assets and yes i have bought other assets to to support the community and that i think they have value in them .

    But thanks for the advise and it has all been noted



  • Still waiting on that screenshot.



  • @Focus sorry yes i have been busy on the new game and it slipped my mind, ok the first is the bet history page like the other i showed early but with the top part of the page the only extra thing you will see is the App earnings to date , and like i said before on the side it shows how much was earn't for each individual bet
    alt text the second shot is of the funding page which is the page were i can withdraw the earnings and at the bottom it shows the last transaction which was the earnings last sunday night 5 days ago, which is in the balance on moneypot as i explained earlier !
    alt text



  • OK so basically you showed me the fundings from your personal account to the btcdragon app you tied to the account. That amount that you have been screenshoting has been YOUR balance in the App and not what the casino has been generating, so once again, can we see proof as to the casino's weekly earnings?



  • @Focus Ok first question , have you used there admin in the Moneypot area that runs apps??
    see where it says App balance , that is the APP earnings ok thats what it shows thereon the second picture at the bottom in RED withdrawal that is the withdrawal for last week from the APP Balance earnings into my account balance "THE EARNINGS" 5 days ago the last activity from the APP BALANCE!!
    The picture at the TOP it is the History that i see on the last 100 bets in the casino , you can look at it if you enter and click the public button on the casino page within moneypot, the only different is on my view like i said earlier on the right hand side there is a column that says APP Profit and it shows me what was earn't on that particular game , in the public area you can click that Bet ID number and get that yourself .
    There is no page that lists every bet in order that is the only page i see exactly what is in those screen shots, No more, No LESS, if that doesnt satisfy you then sorry thats it that what i have , thats what i see, thats what i use , thats what moneypot supply for us!!



  • Ok i thought i would put a preview on the new game that is being worked on
    Its a 15 line multi-line win video slot, gamble feature, free game feature and also connected to the global jackpot here is a few screen shots of it
    alt text

    alt text

    alt text

    alt text

    it is running smoothly we are connecting functions ie: global, buckets for free games, moneypot apis and so forth and will are aiming for either a launch tonight or monday depending on how tests go



  • @Bitdv does your Dev make these games? Pretty sure I've seen Egyptian treasures some where before . Or does the Dev configure template games for your app page? No malice just curious



  • @dagentlemang for the most part he buys the graphics, there a re various sites where the grapgic templates can be bought, but the actual engine that runs them is his own design as to add them to moneypot apis and such, he designed the engine himself, he can make unique games like 1 offs, but this is way more expensive , so in the future yes there is a possibility of total unique games, but that will depend on earnings and such..
    And no malice taken!!



  • @Bitdv thank you for the swift and honest answer



  • Ok its that time of the week to send out dividends so here it is!!

    App earnings from the casino house edge % alt text

    plus 0.0014 BTC from the Global Jackpot to make a total of 0.61258386 BTC

    Minus 20% for development/promotion and advertising The Grand total is 0.49006788 BTC.

    This was converted to 687322.20953902 Burst which also includes 1144.13612302 Burst from Asset earnings as well ..

    btcdragon (1892701762360056549) Total found assets: 1000000, Assets to be distributed: 300000
    Summary of proposed distribution of 687322.20953902BURST to 75
    Based on asset holders at timestamp 78575599 (Sat, 21 May 2016 22:33:19 GMT)

    Number of assets, Account, Payout amount
    122777, BURST-QJPB-7464-5E5B-5NFHJ, 281291.19640191
    34006, BURST-9SPU-XSHK-B238-5LRKM, 77910.26352528
    31623, BURST-ACYM-ALH4-GSCG-H5RWV, 72450.63410751
    23067.5, BURST-CEDF-YVN4-U6TN-9663L, 52849.35022847
    12235, BURST-PFTG-3J78-ZMZ7-83R64, 28031.29077903
    9625, BURST-J6U9-DMKG-K8BQ-9U8B3, 22051.58755604
    8000, BURST-VAX9-BFZ6-XSX5-CW2EN, 18328.59225437
    6000, BURST-X7JB-G8M6-YKKC-CEG2M, 13746.44419078
    5650, BURST-X93Z-ZP4U-QPGS-7C4TQ, 12944.56827965
    5545, BURST-WRFU-9TEL-YMDE-FATGF, 12704.00550631
    5416, BURST-N996-XNNG-PVR2-63XMN, 12408.45695621
    5000, BURST-9XFH-CFS7-CZKQ-29D3E, 11455.37015898
    4884, BURST-DR8J-F5NF-B923-CKTR8, 11189.6055713
    3000, BURST-WGF2-7BDU-XSCG-998Y4, 6873.22209539
    3000, BURST-GGPX-PP5S-LAGP-CBGCU, 6873.22209539
    2645.89, BURST-ZU7P-YD5T-HCND-9ULFM, 6061.92986999
    2072, BURST-5LW6-657H-WXHL-49BCP, 4747.10539388
    1875, BURST-583A-8RBH-FR93-F6C3K, 4295.76380962
    1635, BURST-KJXA-VE5T-SAJS-H83MG, 3745.90604199
    1550, BURST-WK92-4RKB-L4N2-EWE3M, 3551.16474928
    1304, BURST-PETU-YYUS-FZVC-9VCM9, 2987.56053746
    1135, BURST-FK9X-CMV2-4Q7Q-C4P4S, 2600.36902609
    1053, BURST-HE6X-AA5F-63N2-9GQBN, 2412.50095548
    1000, BURST-RUYR-DPCS-3YXQ-86BXU, 2291.0740318
    840, BURST-QYVC-NLY4-6M5Q-DD5KT, 1924.50218671
    773, BURST-D6NX-Q5KG-5UZ7-A2LLV, 1771.00022658
    750, BURST-9BN2-8UN7-EJDU-23VHY, 1718.30552385
    510, BURST-S94A-Z3T5-TDZT-AK6NB, 1168.44775622
    350, BURST-CKK2-QZZM-ATUE-D8DT5, 801.87591113
    320, BURST-44FY-YB7W-BDCJ-32ECU, 733.14369017
    225, BURST-D8S9-APE2-L7K2-DRY7F, 515.49165715
    222.5, BURST-WNQE-ALSP-SNE7-87UX2, 509.76397207
    202, BURST-ES5N-MTPD-F4RD-A5B5A, 462.79695442
    180, BURST-2QQ5-6477-ZFK5-BQCH4, 412.39332572
    159, BURST-2B7S-LNNW-SPEQ-BR6JF, 364.28077106
    150, BURST-FNL6-KKK6-32T4-3LNQ9, 343.66110477
    150, BURST-M2Y3-KCR7-UA2H-BHBJB, 343.66110477
    109, BURST-2GCY-QHEM-Z4A5-C2WFT, 249.72706947
    104, BURST-HTWV-XHL5-ZUH9-BZAVQ, 238.27169931
    102, BURST-RJ6B-8ZA4-3PGA-9EGNG, 233.68955124
    100, BURST-TRJM-KG32-29MD-7V3EN, 229.10740318
    87, BURST-EWT3-ZTYD-9JSU-CQLV7, 199.32344077
    77, BURST-Y77Y-HWGC-XSMF-2BPZM, 176.41270045
    65, BURST-NTZE-9NJG-KKT8-AMY6Q, 148.91981207
    59, BURST-WFXB-5786-MYRN-34TZN, 135.17336788
    49, BURST-CF3D-49ZA-G2HW-3YGHG, 112.26262756
    35, BURST-ZRBN-ZK5B-AA7N-ETVMC, 80.18759111
    35, BURST-L4BJ-LLHL-S8UB-HWXZV, 80.18759111
    30, BURST-6MQU-ERHZ-SQXH-83XSB, 68.73222095
    30, BURST-UH7A-TBT9-L8AB-CLT8P, 68.73222095
    27, BURST-NAD7-SNDK-ERGA-BG262, 61.85899886
    21, BURST-FQ26-8C84-N2RK-ERKMK, 48.11255467
    20, BURST-YUHY-BVBX-H9TU-D5YC7, 45.82148064
    15, BURST-PEJ9-4XEB-PMRM-GLGG4, 34.36611048
    15, BURST-KAX7-CGMU-2X7B-CMFBH, 34.36611048
    10, BURST-Y8RM-YLWP-EZ6N-6XTM4, 22.91074032
    10, BURST-J7XD-7AUN-FWPN-AD4TC, 22.91074032
    10, BURST-U54J-D65S-LA88-GXBC3, 22.91074032
    8.11, BURST-7LY2-R35G-YR8E-H3YKG, 18.5806104
    7, BURST-GJWB-65SA-7JFZ-253A2, 16.03751822
    7, BURST-BH4N-SH2A-WZR5-5QVDA, 16.03751822
    6, BURST-HXWG-DMBT-2Q4H-B3GRF, 13.74644419
    5, BURST-K827-PV3Q-Z5AS-AM3ES, 11.45537016
    5, BURST-XEXL-75MU-V72P-EP2K6, 11.45537016
    5, BURST-TK43-BV3F-NQ53-2WGFA, 11.45537016
    4, BURST-2JWG-C6K4-M29B-2KUWQ, 9.16429613
    3, BURST-67Y3-BX2L-JXVF-HKU9G, 6.8732221
    3, BURST-GTZN-83H9-K2UH-AX6KT, 6.8732221
    1, BURST-SKAL-5HDP-U7B5-G926K, 2.29107403
    1, BURST-L9ZH-ZFHW-7NRJ-D5483, 2.29107403
    1, BURST-FGHZ-Y7GP-5BTN-256ZJ, 2.29107403
    1, BURST-N6MK-YHKS-NLVR-HMHLV, 2.29107403
    1, BURST-ZEY5-AHHZ-AJXT-9ACRM, 2.29107403
    1, BURST-M3VQ-8YBL-VET6-BF4F2, 2.29107403
    1, BURST-2RFK-23PF-EV3Z-FVZVB, 2.29107403

    Amount paid, Account, TX
    281291.19640191, BURST-QJPB-7464-5E5B-5NFHJ, 11344182128559644889
    77910.26352528, BURST-9SPU-XSHK-B238-5LRKM, 835450060696127653
    72450.63410751, BURST-ACYM-ALH4-GSCG-H5RWV, 9068257763771348069
    52849.35022847, BURST-CEDF-YVN4-U6TN-9663L, 15203886502454307545
    28031.29077903, BURST-PFTG-3J78-ZMZ7-83R64, 4241515194419580611
    22051.58755604, BURST-J6U9-DMKG-K8BQ-9U8B3, 2131577515802942594
    18328.59225437, BURST-VAX9-BFZ6-XSX5-CW2EN, 10442613068936554300
    13746.44419078, BURST-X7JB-G8M6-YKKC-CEG2M, 13855778410235939432
    12944.56827965, BURST-X93Z-ZP4U-QPGS-7C4TQ, 101483597350529931
    12704.00550631, BURST-WRFU-9TEL-YMDE-FATGF, 9084147916281311285
    12408.45695621, BURST-N996-XNNG-PVR2-63XMN, 10870639005675169894
    11455.37015898, BURST-9XFH-CFS7-CZKQ-29D3E, 3706490120601815388
    11189.6055713, BURST-DR8J-F5NF-B923-CKTR8, 12713463047132037510
    6873.22209539, BURST-WGF2-7BDU-XSCG-998Y4, 420106327643147434
    6873.22209539, BURST-GGPX-PP5S-LAGP-CBGCU, 13609641362340743092
    6061.92986999, BURST-ZU7P-YD5T-HCND-9ULFM, 1063700664737456790
    4747.10539388, BURST-5LW6-657H-WXHL-49BCP, 1888802529155457316
    4295.76380962, BURST-583A-8RBH-FR93-F6C3K, 15688631877124398687
    3745.90604199, BURST-KJXA-VE5T-SAJS-H83MG, 8762502614290143598
    3551.16474928, BURST-WK92-4RKB-L4N2-EWE3M, 4448287948511207573
    2987.56053746, BURST-PETU-YYUS-FZVC-9VCM9, 2469685631651402626
    2600.36902609, BURST-FK9X-CMV2-4Q7Q-C4P4S, 11551436358488760716
    2412.50095548, BURST-HE6X-AA5F-63N2-9GQBN, 16429389985148924156
    2291.0740318, BURST-RUYR-DPCS-3YXQ-86BXU, 2553507739858880504
    1924.50218671, BURST-QYVC-NLY4-6M5Q-DD5KT, 12209424521969861449
    1771.00022658, BURST-D6NX-Q5KG-5UZ7-A2LLV, 3680526902455723725
    1718.30552385, BURST-9BN2-8UN7-EJDU-23VHY, 17123968335460652017
    1168.44775622, BURST-S94A-Z3T5-TDZT-AK6NB, 2443094796264559715
    801.87591113, BURST-CKK2-QZZM-ATUE-D8DT5, 5693037943596020711
    733.14369017, BURST-44FY-YB7W-BDCJ-32ECU, 1845686581617199279
    515.49165715, BURST-D8S9-APE2-L7K2-DRY7F, 6117831079109776205
    509.76397207, BURST-WNQE-ALSP-SNE7-87UX2, 5531068423068715463
    462.79695442, BURST-ES5N-MTPD-F4RD-A5B5A, 5797380334841174033
    412.39332572, BURST-2QQ5-6477-ZFK5-BQCH4, 10660347281095074547
    364.28077106, BURST-2B7S-LNNW-SPEQ-BR6JF, 1907301052282965288
    343.66110477, BURST-FNL6-KKK6-32T4-3LNQ9, 16514923066009899254
    343.66110477, BURST-M2Y3-KCR7-UA2H-BHBJB, 7508349576365807169
    249.72706947, BURST-2GCY-QHEM-Z4A5-C2WFT, 7957866653740787141
    238.27169931, BURST-HTWV-XHL5-ZUH9-BZAVQ, 4439379083136581356
    233.68955124, BURST-RJ6B-8ZA4-3PGA-9EGNG, 15182937471223093548
    229.10740318, BURST-TRJM-KG32-29MD-7V3EN, 11135728274425705178
    199.32344077, BURST-EWT3-ZTYD-9JSU-CQLV7, 1574050957831016681
    176.41270045, BURST-Y77Y-HWGC-XSMF-2BPZM, 8804732341961352357
    148.91981207, BURST-NTZE-9NJG-KKT8-AMY6Q, 6028209078173369533
    135.17336788, BURST-WFXB-5786-MYRN-34TZN, 3928254546403649945
    112.26262756, BURST-CF3D-49ZA-G2HW-3YGHG, 10526922729693427925
    80.18759111, BURST-ZRBN-ZK5B-AA7N-ETVMC, 13897061738278319320
    80.18759111, BURST-L4BJ-LLHL-S8UB-HWXZV, 7522384688337658259
    68.73222095, BURST-6MQU-ERHZ-SQXH-83XSB, 13827661607603080264
    68.73222095, BURST-UH7A-TBT9-L8AB-CLT8P, 13034298999764862468
    61.85899886, BURST-NAD7-SNDK-ERGA-BG262, 1544683121945372922
    48.11255467, BURST-FQ26-8C84-N2RK-ERKMK, 15191106975365643016
    45.82148064, BURST-YUHY-BVBX-H9TU-D5YC7, 7256246309596470114
    34.36611048, BURST-PEJ9-4XEB-PMRM-GLGG4, 16343231528274707786
    34.36611048, BURST-KAX7-CGMU-2X7B-CMFBH, 2050323670958472275
    22.91074032, BURST-Y8RM-YLWP-EZ6N-6XTM4, 4582311993146422449
    22.91074032, BURST-J7XD-7AUN-FWPN-AD4TC, 4325159016095416180
    22.91074032, BURST-U54J-D65S-LA88-GXBC3, 16767077682150193874
    18.5806104, BURST-7LY2-R35G-YR8E-H3YKG, 2381650822444314616
    16.03751822, BURST-GJWB-65SA-7JFZ-253A2, 12599723580363432748
    16.03751822, BURST-BH4N-SH2A-WZR5-5QVDA, 5478541891107342065
    13.74644419, BURST-HXWG-DMBT-2Q4H-B3GRF, 15048567797259100369
    11.45537016, BURST-K827-PV3Q-Z5AS-AM3ES, 14273525863368869621
    11.45537016, BURST-XEXL-75MU-V72P-EP2K6, 13260585897206073110
    11.45537016, BURST-TK43-BV3F-NQ53-2WGFA, 2732120127541662823
    9.16429613, BURST-2JWG-C6K4-M29B-2KUWQ, 2130190608467670656
    6.8732221, BURST-67Y3-BX2L-JXVF-HKU9G, 11871595915778712828
    6.8732221, BURST-GTZN-83H9-K2UH-AX6KT, 6751426726541249554
    2.29107403, BURST-SKAL-5HDP-U7B5-G926K, 1120348380578390971
    2.29107403, BURST-L9ZH-ZFHW-7NRJ-D5483, 11547561009890584534
    2.29107403, BURST-FGHZ-Y7GP-5BTN-256ZJ, 11693638498007105852
    2.29107403, BURST-N6MK-YHKS-NLVR-HMHLV, 14625578206166158970
    2.29107403, BURST-ZEY5-AHHZ-AJXT-9ACRM, 1933757047862098732
    2.29107403, BURST-M3VQ-8YBL-VET6-BF4F2, 6986465091976519520
    2.29107403, BURST-2RFK-23PF-EV3Z-FVZVB, 2621306779410656991
    ------------All transactions processed------------

    So GREAT week and More work for me, but im up to it , ill post updates as they happen.



  • that's one crazy payout!



  • guess I'm buying even more :D



  • @keyd0s Thats the way it goes with gambling one week Great next week not so great , watching the punters there were about 6 hard hitters, one guy comes in everyday and just plays plinko , the first 2 days he hit the x999 on the plinko 2 days running now everyday he just comes in for like 2 - 3 hrs and just hits its it hard and then theres the guys that turn the bot on the dice or plinko or the mafia slot or roulette and just play 1 bit but just let it run on auto for hours on end , and thats not even my Goal that figure its actually higher, but thats a goal for me to get the Casino to, its 1 BTC a week in earnings , then up from there but there is a lot of work to that point , the next week have no idea what it has to hold but ill be there burning the midnight oil!!



  • @BurgerBaron said in [ANN] BtcDragon Casino Asset:

    guess I'm buying even more :D

    I just did lol



  • Nice payout this week..
    Love this asset I am in pure profit from week one when shares went to 100+ burst sold enough that all remaining shares and weekly payouts are profit..

    Still haven't check it out but I will one day..



  • Love it! Keep up the good work!

    Thanks,
    CesBurst1782



  • wooooohhhhoooo \o/ thank you very much!!! great work!!! :) cu cheers



  • The Whale Just Banked over $200 on this week payout!!! Crazy$$$$!!! :-)

    I see a Big Future for BTCDragon!!!

    Thanks,
    CesBurst1782


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