Joe Midway
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What happens when you double a penny 27 times?

August 21st, 2007 · 4 Comments

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Moola BetaYou get a million dollars (a bit over a million)! Yeah it seems crazy, but it’s true. Try it out yourself, get a penny and double it…now you have 2 cents. Double 2 cents and you have 4 cents…double that and you get 8 cents. Anyhow, you get the idea. Math is quite amazing after all haha. My lesson is to provide you with some insight on a new beta site called Moola.

Moola is a really interesting new site where you can have some fun and try to make some money. I say “try” because when you do make money, you have the choice of gambling and doubling it or cashing out. Of course you’d say cashing out…but at what point in the above example is enough money to cash out?

What happens is, Moola gives you a penny to start off with. They give you this penny by you supporting them by watching small videos (usually about 5-10 secs) every so often. With this first penny, you are able to play games on their site. Right now they only have three games but it looks like they’ll be adding more in the future. You play these games against other people like yourself. So you’ve probably guessed that if you win, you win that person’s penny and if you lose, they get your’s. So now that you (hopefully) have 2 cents, you can move up to the next level. You can now play against someone else with two pennies. The same thing happens…if you win, you double-up…if you lose, you go to zero. This goes on for 30 levels (if you choose) with a top prize of $10,737,418.24! That’s what you get when you double a penny 30 times (in a row)!

Now if you’re down to zero, don’t fret…Moola will give you another penny to start over. There are also bonus games thrown-in every once in a while that will give you extra pennies. It’s a fun website and it’s totally free! After-all, who doesn’t like to play games and gamble with “other people’s” money? You can cash out anytime you get over $10. There are some players that I see cashing out $20 a lot…must be nice! Apparently they’ve already paid out over $3,000,000! Insane!

If you’re like me, you may be wondering how they can afford to do this. It’s really quite simple. Everybody starts off at the first level with a penny. Think of it like this…Moola’s actually the one getting a good deal out of this as they’re getting people to watch small ads for about a penny each. Now all of the money in the game portion of the site is funded by the ads. At no other point in the game are you getting money from Moola - it’s all coming from your opponents who have doubled-up off of other opponents. Yes, occasionally Moola will give you a bonus amount of money but it’s still small compared to the money they make from showing ads.

Unfortunately Moola is still in Beta so it’s by invite only. If you don’t understand how it works from my description, every new sign-up goes through a tutorial explanation with Moola, so don’t worry. The good news (did I forget to mention that I had some?) is that I have a bunch of invites to Moola and I’m sure I’ll get more if these run out fast (to those that don’t get one today). If you want one of my invites, just click the link below and start having some fun!

Click here for one of my invitations to Moola in Beta (Come back later if I’m out of invitations) .

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Tags: Free Money · Monetization · Internet News



4 responses so far ↓

  • 1 Anna - Aug 22, 2007 at 12:23 am

    Very interesting post. I enjoyed reading it.
    Anna :)

  • 2 Joe - Aug 22, 2007 at 12:48 am

    Hey Anna,
    Thanks! Glad you liked it! I’ve been wasting too much time there lately so I had to share it haha

  • 3 Ann Bernard - Aug 22, 2007 at 9:39 pm

    Thanks a lot Joe…Ready to lose your money!?!?

  • 4 Joe - Aug 23, 2007 at 4:04 am

    No problem! Is that a challenge?! We’ll have to battle lol. I’m almost up to a dollar :P

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