Moola.com - found something to do
Thread Starter
1.5 BAR
Joined: Aug 2004
Posts: 1,097
Moola.com - found something to do
www.moola.com
It's a good way to waste some time, and if you're good at it (aka, lucky), then you can win some money. How it works is they give you $.01 to start. There are 3 games to choose from that you can play. Anyways, you play against other people on there and you are betting your money each time. The risk/reward increases for each level that you reach. Each level has a value double that of the level before.
Level 1: $.02
Level 2: $.04
Level 3: $.08
.....
...
.
.
Level 30: $10,737,418.24
The price that's next to the level is the amount that you must reach in order to advance to the next one. But by playing each level, you are risking half of what you need to advance. For example, your account balance is $.25, with that you can play up to level 5 which has a risk of $.16 and $.32 to win. If you win, your account balance is now $.41, but if you lose, your account balance is now $.09, dropping you back down to level 4. It's easy to understand when you see it. Anyways, you can cash out at levels above $25.00 or something like that and they mail you a check.
The highest that I've gotten to is level 10 ($5.12 to play, $10.24 to win), but I got greedy and played that level and lost pretty much all my money, so I dropped back down to a few cents.
The site is invite only, but each new person that joins gets 3 invites, so they can just invite people as well. I have 3 invites right now, so post your e-mail addy if you want one.
It's a good way to waste some time, and if you're good at it (aka, lucky), then you can win some money. How it works is they give you $.01 to start. There are 3 games to choose from that you can play. Anyways, you play against other people on there and you are betting your money each time. The risk/reward increases for each level that you reach. Each level has a value double that of the level before.
Level 1: $.02
Level 2: $.04
Level 3: $.08
.....
...
.
.
Level 30: $10,737,418.24
The price that's next to the level is the amount that you must reach in order to advance to the next one. But by playing each level, you are risking half of what you need to advance. For example, your account balance is $.25, with that you can play up to level 5 which has a risk of $.16 and $.32 to win. If you win, your account balance is now $.41, but if you lose, your account balance is now $.09, dropping you back down to level 4. It's easy to understand when you see it. Anyways, you can cash out at levels above $25.00 or something like that and they mail you a check.
The highest that I've gotten to is level 10 ($5.12 to play, $10.24 to win), but I got greedy and played that level and lost pretty much all my money, so I dropped back down to a few cents.
The site is invite only, but each new person that joins gets 3 invites, so they can just invite people as well. I have 3 invites right now, so post your e-mail addy if you want one.
3.0 BAR
Joined: Feb 2006
Posts: 3,905
1.5 BAR
Joined: Jan 2006
Posts: 865
