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bit-lottery.top

newbie

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Quote from: panjul07 on March 04, 2016, 11:44:24 PM

Quote from: bit-lottery.top on March 04, 2016, 11:19:00 PM

I did lower the ticket price. Cheap and fun to play.

Ticket price 0.001 BTC. Once 20 tickets are sold we do a draw.

3 prices,

1st 0.01 BTC
2nd 0.005 BTC
3th 0.003 BTC

90% of the incoming money will be paid back.

I think that the ticket price is not the most important thing here, there is another important thing that is Provably Fair. As other mentioned, using random.org is not provably fair. You have to use other ways to draw the winner which is more provably fair.
Other thing you need to do is using an escrow to hold the funds. Otherwise, no one will trust a member with negative trust.

The negative trust is because of cryptodevil but ok I understand.
You have another way to pick 3 numbers that will be provably fair?
Escrow is an option, better was if there was a hero member with good status to hold the funds, will pay the price and he relase the funds to me. But who would like to do this to put some time in it and then I have to put price a bit up for a share for him too

panjul07

legendary

Activity: 3500

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Quote from: bit-lottery.top on March 04, 2016, 11:19:00 PM

I did lower the ticket price. Cheap and fun to play.

Ticket price 0.001 BTC. Once 20 tickets are sold we do a draw.

3 prices,

1st 0.01 BTC
2nd 0.005 BTC
3th 0.003 BTC

90% of the incoming money will be paid back.

I think that the ticket price is not the most important thing here, there is another important thing that is Provably Fair. As other mentioned, using random.org is not provably fair. You have to use other ways to draw the winner which is more provably fair.
Other thing you need to do is using an escrow to hold the funds. Otherwise, no one will trust a member with negative trust.

bit-lottery.top

newbie

Activity: 42

Merit: 0

I did lower the ticket price. Cheap and fun to play.

Ticket price 0.001 BTC. Once 20 tickets are sold we do a draw.

3 prices,

1st 0.01 BTC
2nd 0.005 BTC
3th 0.003 BTC

90% of the incoming money will be paid back.

bit-lottery.top

newbie

Activity: 42

Merit: 0

Quote from: BitcoinHodler on March 04, 2016, 10:39:36 AM

maybe for the provably fair part you can ask a trusted old member of forum to pick the number with something like random.org and announce it to others.

That is a good idea if someone is willing to do this and put time in it.

BitcoinHodler

hero member

Activity: 1456

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HODLing is an art, not just a word...

maybe for the provably fair part you can ask a trusted old member of forum to pick the number with something like random.org and announce it to others.

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: bit-lottery.top on March 03, 2016, 12:15:48 PM

Quote from: BTCevo on March 03, 2016, 12:10:46 PM

I dont understand why you should make it into 2 pool, you can make it to 1-20 just in one pool so people will not confuse about it. And I think the prize is low compare to the ticket price 0.002. the chance to win is only 10% on each number. May be you can consider about the prize later

Ok maybe a good idea to do 1 pool only 1 - 20 and of course then price will go up.
I think I will do this now, the one who wanted number 6 did not paid so can delete this one.

What do I mean is if we choose only one number the minimal prize should around 90% more and if you choose more then the prize will be lower because the chance is higher so you should make it lower so everyone will have the same chance to win that amount. If all numbers is filled you must get 0.04 mean while the total prize is only 0.035 so you still get some profit 0.005. I dont bother this but at least you can make this equal to eveyone else

bit-lottery.top

newbie

Activity: 42

Merit: 0

Quote from: valta4065 on March 04, 2016, 06:09:36 AM

Quote from: bit-lottery.top on March 04, 2016, 05:51:45 AM

Quote from: valta4065 on March 04, 2016, 05:46:28 AM

This whole thread is just a joke. Can't it be closed?

There is no instruction like how many people have to play, when the price will be drawed. Give out the funds to an escrow and then MAYBE it'll have something to be discussed.

READ GOOD, AFTER 20 TICKETS ARE SOLD THERE WILL BE A DRAW PRICE PER TICKET 0.002 BTC.

I LOOK FOR SOMETHING LIKE ESCROW OR A HERO MEMBER WHIT HIGH TRUST WHO KEEP THE FUNDS TILL PAYMENTS ARE MADE SO IT WILL BE SAFE FOR ALL

Lol, not need to yell like this.

You should update OP. I don't know where you said this but it's not in the OP.

I don't yell, just forgot had caps lock on Grin

valta4065

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Join @Bountycloud for the best bounties!

Quote from: bit-lottery.top on March 04, 2016, 05:51:45 AM

Quote from: valta4065 on March 04, 2016, 05:46:28 AM

This whole thread is just a joke. Can't it be closed?

There is no instruction like how many people have to play, when the price will be drawed. Give out the funds to an escrow and then MAYBE it'll have something to be discussed.

READ GOOD, AFTER 20 TICKETS ARE SOLD THERE WILL BE A DRAW PRICE PER TICKET 0.002 BTC.

I LOOK FOR SOMETHING LIKE ESCROW OR A HERO MEMBER WHIT HIGH TRUST WHO KEEP THE FUNDS TILL PAYMENTS ARE MADE SO IT WILL BE SAFE FOR ALL

Lol, not need to yell like this.

You should update OP. I don't know where you said this but it's not in the OP.

bit-lottery.top

newbie

Activity: 42

Merit: 0

Quote from: valta4065 on March 04, 2016, 05:46:28 AM

This whole thread is just a joke. Can't it be closed?

There is no instruction like how many people have to play, when the price will be drawed. Give out the funds to an escrow and then MAYBE it'll have something to be discussed.

READ GOOD, AFTER 20 TICKETS ARE SOLD THERE WILL BE A DRAW PRICE PER TICKET 0.002 BTC.

I LOOK FOR SOMETHING LIKE ESCROW OR A HERO MEMBER WHIT HIGH TRUST WHO KEEP THE FUNDS TILL PAYMENTS ARE MADE SO IT WILL BE SAFE FOR ALL

valta4065

hero member

Activity: 826

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Join @Bountycloud for the best bounties!

This whole thread is just a joke. Can't it be closed?

There is no instruction like how many people have to play, when the price will be drawed. Give out the funds to an escrow and then MAYBE it'll have something to be discussed.

jacktheking

legendary

Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

You really need a provably fair method to select a winner and a more professional look. Something like http://bitrevenues.com/ (my site) can be done with some PHP experience. Check out how my free lottery site pick winners. You can copy it or modified it to your needs - I mean the provably fair winners selecting method.

bit-lottery.top

newbie

Activity: 42

Merit: 0

Quote from: lottery248 on March 04, 2016, 03:28:48 AM

number generator can be manipulated if you have a little skill to cheat the html. that's why i don't legitimately trust this kind of lottery game.
you should probably gotta learn the coding to create your own bitcoin lottery site.

Later on will do ofcourse change things to make it better, for now this is a low price for a ticket.
And looking also for escrow options to make it more safe for people who will play

lottery248

legendary

Activity: 1582

Merit: 1006

beware of your keys.

number generator can be manipulated if you have a little skill to cheat the html. that's why i don't legitimately trust this kind of lottery game.
you should probably gotta learn the coding to create your own bitcoin lottery site.

bit-lottery.top

newbie

Activity: 42

Merit: 0

Quote from: Pk880058 on March 03, 2016, 01:49:22 PM

why would anyone believe in you and play in your lottery system. you are a newbie with negative trust mark, and you even dont have escrow for safety , and the price for the lottery is also high as the profit margin is low.

so it is better to avoid this lottery system , if the OP runs away with the invested bitcoins who is going to take the responsibility. so user who ever is going to deposit and play will be doing on his own risk of 99% getting cheated by OP.

I do understand that trust may be an issue, I am thinking to do escrow, if now any good service let me know. Then it will be safe for all.

bit-lottery.top

newbie

Activity: 42

Merit: 0

Quote from: Bitinity on March 03, 2016, 04:20:41 PM

Quote from: Pk880058 on March 03, 2016, 01:49:22 PM

why would anyone believe in you and play in your lottery system. you are a newbie with negative trust mark, and you even dont have escrow for safety , and the price for the lottery is also high as the profit margin is low.

so it is better to avoid this lottery system , if the OP runs away with the invested bitcoins who is going to take the responsibility. so user who ever is going to deposit and play will be doing on his own risk of 99% getting cheated by OP.

The other important thing is about its provably fairness, lottery which is only use random generator to draw the winner is completely not fair.

And why it is different between this thread and the site, OP say in this thread to choose number between 1-10 but the site say 1-20?

I just change it and made prices higher. 0.002BTC is not much at all.

1st price 0.02 2nd price 0.01 3th price 0.005 BTC.

A random generator is ok, what else to use to pick 3 winning numbers? have an idea?

Any good ideas to prove that it will be fair are always welcome.

Bitinity

legendary

Activity: 3066

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Quote from: Pk880058 on March 03, 2016, 01:49:22 PM

why would anyone believe in you and play in your lottery system. you are a newbie with negative trust mark, and you even dont have escrow for safety , and the price for the lottery is also high as the profit margin is low.

so it is better to avoid this lottery system , if the OP runs away with the invested bitcoins who is going to take the responsibility. so user who ever is going to deposit and play will be doing on his own risk of 99% getting cheated by OP.

The other important thing is about its provably fairness, lottery which is only use random generator to draw the winner is completely not fair.

And why it is different between this thread and the site, OP say in this thread to choose number between 1-10 but the site say 1-20?

Pk880058

sr. member

Activity: 266

Merit: 250

why would anyone believe in you and play in your lottery system. you are a newbie with negative trust mark, and you even dont have escrow for safety , and the price for the lottery is also high as the profit margin is low.

so it is better to avoid this lottery system , if the OP runs away with the invested bitcoins who is going to take the responsibility. so user who ever is going to deposit and play will be doing on his own risk of 99% getting cheated by OP.

bit-lottery.top

newbie

Activity: 42

Merit: 0

Some changes made, I think this is better.

Buy a ticket and have chance to win 0.015BTC

20 tickets per draw, higher prices. First 2 will get 1 ticket for half of the price

bit-lottery.top

newbie

Activity: 42

Merit: 0

Quote from: BTCevo on March 03, 2016, 12:10:46 PM

I dont understand why you should make it into 2 pool, you can make it to 1-20 just in one pool so people will not confuse about it. And I think the prize is low compare to the ticket price 0.002. the chance to win is only 10% on each number. May be you can consider about the prize later

Ok maybe a good idea to do 1 pool only 1 - 20 and of course then price will go up.
I think I will do this now, the one who wanted number 6 did not paid so can delete this one.

BTCevo

legendary

Activity: 1834

Merit: 1008

I dont understand why you should make it into 2 pool, you can make it to 1-20 just in one pool so people will not confuse about it. And I think the prize is low compare to the ticket price 0.002. the chance to win is only 10% on each number. May be you can consider about the prize later

Topic: BIT-LOTTERY.TOP (Read 1030 times)