Moon3D Exposed As A Scam — Transcript
Hey everyone, Stack here, and I regret to inform you guys that there’s another scam website that has cropped up recently. It’s something many of you have heard of, Moon3D, and they have a lot of shady history, so I’m creating this video to collate everything that you should know in terms of why Moon3D is a scam.
FAKE MAX PROFIT
On the 23rd of March, I discovered that Moon3D was in fact faking their maximum possible profit. This isn’t a serious issue for low rollers, but when whales come into play, it becomes much worse. A whale would deposit on the site thinking that they can make 75 ETH in a single round, but when the game actually hits, the max they can hit is 40 ETH. This means that the statistics were faked in order to get more high rollers to play and lose money, without actually having the money to back up winning bets. Either that, or the Moon3D coding team is incompetent and can’t even program a max profit possibly… I’m not sure which one is worse. They were exposed by the legendary Ryan, ex-owner and creator of bustabit, who confirmed that their client side code offset the max profit by 35 ETH for no reason whatsoever.
FAKE BONUSES
In the past few days, several accusations have been cropping up about Moon3D not paying up valid bonuses. This email was sent out to people registered on Moon3D, talking about a site-wide 50% deposit bonus for people who meet the four listed conditions. If it sounds too good to be true, that’s because it is. Several players who met the criteria found that they were not being credited the bonus, because the owner of the site later tagged on a new condition that they had to be recipients of the email. In order to placate the affected users, the deposit bonus was reduced to 25%, and several users got scammed out of their entire agreed upon bonus. A few users have complained on my Discord servers, with one or two threads popping up on bitcointalk, where in fact the entire bonus was not awarded, let alone half of it. This is some pretty clear cut evidence that fake rewards are being sent to rope in players, since even people who met the criteria are not being fairly paid out.
PIRACY
The rights to bustabit were sold from Ryan to Daniel back in 2017, and now anyone who wants to use their code is to purchase a license from Daniel. Either that, or Daniel very graciously allows for the code to be used for free as long as it is made open-source. Moon3D refuses to pay the license fee and also refuses to make the source code open source, which is blatant privacy. Ryan called them out for this, and the owners of Moon3D have also been red-tagged on bitcointalk. Surprisingly, the stated reason for Moon3D not purchasing the license is that it would not benefit players and would only benefit Daniel. That’s exactly like saying that you sell bootlegged, stolen copies of movies because paying for it would only benefit the movie producers, who put their hard work, time, and money into creating the movie… Yes, because that’s exactly the point! Justification of piracy is perhaps the worst part about this whole ordeal.
MISLEADING HOUSE EDGE
What’s definitely the worst part about this scandal is the revelation of the fact that Moon3D has been faking it’s house edge. On the site, the house edge is advertised as 1.5%, and the owners state that you can actually overcome the house edge. On similar sites with variable house edges such as EtherCrash, the absolute maximum house edge is displayed. Moon3D makes the claim that the house edge is 1.5% or lower, but if you run a backtest on the last 100,000 games, you’ll find that the median is actually 1.94x, putting the maximum house edge at a whopping 3%, which is worse than brick-and-mortar casinos. If you’re a high roller on Moon3D, you are guaranteed to get raped very quickly, since the maximum house edge is more than triple of what it should be compared to proper casinos such as bustabit and EtherCrash.
