Moolah Bet wants to be the first casino of its kind. Currently they pay Tron dividends, but they will be adding EOS and IOST dividends to their site soon.
The thing that makes Moolah Bet unique is that they want to be the first casino with a stablecoin that will protect it's value in the long-term.
Moolah recognizes that many Casino based tokens such as TronBet (now Wink), 888 Tron, and many other gambling tokens have had extremely high volatility which has lead to fluctuating volume, dividends, and value for their users.
Moolah also claims that 100% of it's funds will stay with the Moolah Bet community. 49.5% will go to the dividend pool, 49.5% will go to the UPDC stablecoin that they have as mining rewards, and 1% will go to feed the Jackpot.
They currently have the Casino available as well as Slots open right now, but it looks like their Dice Game on Casino is in maintenance. They also have a welcome screen when you visit the site reminding users that they are currently in Beta and that some bets could possibly be lost.
The current wager rate for their UPDC stablecoin is about 154 TRX per 1 UPDC. This seems pretty reasonable to me if they follow through with their projected monthly growth model.
According to the image above it looks like the first 6 months they want to give you a 30% projected ROI, and then for months 6-12 and later they want to offer you a decreased ROI of 28% which is still lucrative imo.
In addition, they have token burns of UPDC scheduled on a regular basis to ensure that the token will be gaining some value overtime.
They also are connected to this site https://upstake.com/landing/main which you can check out to learn more about UPDC coin.
Anyways, this article is not intended as financial advice, but simply exploring a new gambling site out there.
This will might become a huge rival to Wink in the near future with their stablecoin dividend model, but it is very early and difficult to tell how long Moolah has been around and whether or not they plan to stay here for the long term.
They will also be adding sports betting and PVP games soon. Also, Moolah has recently announced that they will launch their live platform on Monday after being in Beta for a few weeks now. Please make your own decisions before investing.
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STOPThis looks good I'll try thank you for the tip.
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