Author

Topic: BitDraw now Provably Fair! (Read 1587 times)

newbie
Activity: 15
Merit: 0
April 24, 2013, 11:13:19 AM
#12
As the winner of one of the recent physical bitcoin giveaway raffles I can say that bitdraw defintely legit and also fun.  The odds of winning are still pretty good too  Grin

Good job on the site!
E
newbie
Activity: 17
Merit: 0
April 11, 2013, 03:31:42 AM
#11
I'm paying attention!
vip
Activity: 156
Merit: 103
Cleverly disguised as a responsible adult.
April 10, 2013, 04:24:46 PM
#10
If anyone is concerned whether or not you can trust our site, please read our original launch announcement thread.  There's plenty of info about the site and that thread has some testimonials from prior winners.  Good luck!
hero member
Activity: 756
Merit: 522
April 10, 2013, 02:30:30 PM
#9
Cool.
hero member
Activity: 626
Merit: 500
https://satoshibet.com
April 10, 2013, 10:26:36 AM
#8
Very nice can only applaud this!
legendary
Activity: 2240
Merit: 1001
April 10, 2013, 03:55:28 AM
#7
nice will buy some tickets
hero member
Activity: 504
Merit: 500
April 10, 2013, 03:51:59 AM
#6
Made a note to check back just before the raffle for the coin is drawn Tongue Hopefully it doesn't get the hype it deserves ^_^
vip
Activity: 156
Merit: 103
Cleverly disguised as a responsible adult.
April 10, 2013, 02:58:03 AM
#5
We've added another raffle for a Series 1 Casascius Physical Bitcoin with firstbits 12y3pR2y.  These coins are rare and in high demand, selling for upwards of $1,000.00 currently on eBay.  The raffle is here:

https://www.bitdraw.com/games/3449

Raffle tickets are a mere 25 TKN (0.025 BTC) each to keep them affordable for most Bitcoin users, and yes, you can buy more than 1 ticket (:
vip
Activity: 1302
Merit: 1042
👻
March 26, 2013, 03:45:20 AM
#4
Aww, I wanted to snipe it at the end Smiley
vip
Activity: 156
Merit: 103
Cleverly disguised as a responsible adult.
March 26, 2013, 03:19:40 AM
#3
Promotional Raffle Status:

1 BTC Bitbill, v.0.07 (beta) - ends April 1st.

1 BTC Casascius physical Bitcoin - ends April 1st.

There's less than a week left for these two promotional raffles and both of them currently have only one entry.  That means that person currently has a 100% chance of winning, which is an amazing return on their 25 TKN (0.025 BTC) ticket price...  Go get your tickets today!!!
vip
Activity: 156
Merit: 103
Cleverly disguised as a responsible adult.
March 13, 2013, 12:41:50 AM
#2
Promotional Raffle Status:

1 BTC Bitbill, v.0.07 (beta) - ends April 1st.

1 BTC Casascius physical Bitcoin - ends April 1st.

1 BTC Series 1 Casascius physical Bitcoin - ends April 16th.
vip
Activity: 156
Merit: 103
Cleverly disguised as a responsible adult.
March 13, 2013, 12:40:34 AM
#1


It is my pleasure to announce that BitDraw is now Provably Fair!  We've completely overhauled our winning value selection algorithms to:

  • Continue to use third-party truly random data from Random.org for winning value selection.
  • Display a hash of the pre-selected random data for each game while the game is open.
  • Include additional third-party random data from our announcement sources for each game when the game closes.
  • Display a fully transparent log of how all random data is used to select winning values for each game after the game closes.
  • Fully document and explain each step of the displayed log on our Provably Fair process documentation page.

No idea what BitDraw is?  Check out our original launch announcement.

To celebrate the launch of our new provably fair feature, we've got three new games to showcase:

First, a promotional raffle for a 1 BTC Bitbill, v.0.07 (beta) that ends April 1st.

Next, a promotional raffle for a 1 BTC Casascius physical Bitcoin that ends April 1st.

Finally, a new on-going daily lottery called "Fruits Basket" where the odds of winning are exactly 1 in 20 (1:20).  Simply buy a ticket for the fruit that you think will be chosen from the fruits basket.  The jackpot for this lottery is starting out at 1000 TKN (1 BTC) and with those odds will likely be won quickly, so hurry to select your favorite fruit!

Thanks to all our regular players that have helped make BitDraw a success and we hope to see some new users soon!  Don't forget, raffle games are guaranteed to select a winner, and the odds of winning are 1 in however many tickets have been sold.  Some of these games have extremely favorable odds!
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