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Topic: [BITLOTTO] Mar 1 draw over $2000 or 50BTC! Tickets now 0.1 BTC for Apr 5 (Read 55115 times)

donator
Activity: 3136
Merit: 1167
I'm pretty sure that it was a new address/es which were set up for the April BitLotto as ppl were sending some coins to it after the last lotto was closed on 2013 03 01 & meant to have paid out by about a week or so later. See my post here re over 8 btc having been sent to this new one/s by 2013 04 02, I didn't though record the address/es though goat should have it as he entered early for that month too. Also you can see that no more bets were sent to any of the old 1st March draw addresses after 2013 02 28.

1NfRi27U5wV3GF7VyfurkuN5Mmx1s6WDmj pool for 2013 03 01

1MEjrYadGN41detAUionHC6iU15K7Ydmva pool for 2013 03 01

12fxpYHWfoBNtZk2oMcbuBNvyJtVmL9KTF main address for 2013 03 01
legendary
Activity: 2506
Merit: 1010
It appears the BitLotto.com site is no longer online, which is good since there were still people happening across it (and sending new wagers, not knowing it was not paying out).

I was going to make an update to the archive of the site that I've maintained on github so that all Bitcoin addresses used were available later if needed.  Does anyone remember if the Bitcoin address after BitLotto turned to scam mode was still from the last lottery (that Goat had won), or was it a new address?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
You don't need any human work. A script can process all transactions and generate the winners. You would be able to run on a 99.5% EV and still be profitable - just run the script as normal on your computer.

Of course, there is actually writing the script, but if you're a programmer it just takes a hour of your time?

Yes. Getting it working is the hard part. But, I'm guessing there would still be human intervention at the time of the draw or at the time of determining the winners. I don't want the computer just automatically making a game, wait until the deadline, do the script for the winner, send the winnings, then start another game ... There is the danger of the software or the platform or the server getting hacked, and the private key getting stolen.

Actually, now that I think about it, I could just do the work part once a week, when I end one game, and start another. I've managed to make a spreadsheet compute SHA-256, but I'm still figuring out how to get everything from the blockchain and make a script or software do it all.

Anyway, my lotto has one player already. hehehehe... I have no idea who it is since he or she isn't posting in my thread. If you want a 50% chance of getting his 0.01 BTC, go play. hehehe.

Feel free to comment there instead of here, as I don't want to high jack someone else's thread, even if they've already disappeared.
vip
Activity: 1316
Merit: 1043
👻
Makes sense. Maybe I should change my personal model from percentage to donations instead? Or make it lower for me? I'd need enough to keep a web site up and running. I just thought, if some guy with 99% couldn't make it work, and another game was taking 80%, would people really mind that they're only getting 95%?

Maybe when we get the volume of SD, then I could make it 98% or 99%.

Anyway, more competition is better. While the first may have the advantage, sometimes the next ones could improve on what the first did, especially if they just disappeared. I'd also probably register the domain in a non-US registrar or something.

But to run it inexpensively I thought I'd do some trial runs first.
You don't need any human work. A script can process all transactions and generate the winners. You would be able to run on a 99.5% EV and still be profitable - just run the script as normal on your computer.

Of course, there is actually writing the script, but if you're a programmer it just takes a hour of your time?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Makes sense. Maybe I should change my personal model from percentage to donations instead? Or make it lower for me? I'd need enough to keep a web site up and running. I just thought, if some guy with 99% couldn't make it work, and another game was taking 80%, would people really mind that they're only getting 95%?

Maybe when we get the volume of SD, then I could make it 98% or 99%.

Anyway, more competition is better. While the first may have the advantage, sometimes the next ones could improve on what the first did, especially if they just disappeared. I'd also probably register the domain in a non-US registrar or something.

But to run it inexpensively I thought I'd do some trial runs first.
legendary
Activity: 2506
Merit: 1010
I may be ambitious, but I want something like this to continue,

The draw for me (no pun intended) was that this could operate really inexpensively.  Since the blockchain was used for wagers, there was really very little overhead.  So a lottery that was provably fair and had 99% payout was for the first time ever, possible.

No there is really little noticeable difference between 99% payout and 98% payout.  So you get with SatoshiDICE the same potential payout (e.g., 1 in 500 chance of winning but a ~500X return on your wager) with only a slightly lower vig.

So there's really less need for a BitLotto to exist anymore.   The dopamine hit from SatoshiDICE comes sooner than the weekly lotto.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
We're still speculating. What we know is the coins moved. What actually happened to him? (or her?)
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I may be ambitious, but I want something like this to continue, completely separate from all the other new ones, even PeerBet. So I've decided to try for at least the next couple of times.

So ...

https://bitcointalksearch.org/topic/closed-dabs-lotto-number-1-winner-congratulations-to-1myjkap-202063

With slight variation on the rules (something easier to understand) and also removal of the Mega Millions. Of course, if people like that part, it is no problem to include it back in, might as well include the PowerBall, Mega Millions and even my country's Grand Lotto. They all draw every week.

But, I'm trying to think of a more bitcoin only way. Transaction hashes, secrets, block hash, block count. You know, as bitcoiny as possible. No third parties, no government controlled real life lottos ...

https://bitcointalksearch.org/topic/closed-dabs-lotto-number-1-winner-congratulations-to-1myjkap-202063

Even if you don't want to play, comments. As in a few days, it ends, so I can start another one with improved rules. Eventually I could run two or three games at the same time, with different draw dates.

Also,

What if?

bitlotto, the original person, something bad happened to him, like the so called "bus factor". And the partner or whoever has access to the coins and website is the real scammer, or he didn't know what to do and just thought he inherited some coins.

We don't know for sure.
donator
Activity: 3136
Merit: 1167
He also removed the dates from the last four or so results & 'send money by' entry address so as to try and catch any newbies who may stumble unawares upon his site, he's quite pathetic really.
legendary
Activity: 1302
Merit: 1000
Bass Player
This all seems sort of sad.... you all sure something bad didn't happen to bitlotto <<< the person?
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
May be when the mods wrote on his OP here that removes it from his post count.
If it only went down by one then that makes sense... it would change the last edited person to the mod.

Id like this to be confirmed. Thanks
I also think he should get a scammer tag as soon as possible, but as far as the post count goes that is probably ok.  Just the mods taking one of his posts because the system still shows:

Quote
Last Active:  March 07, 2013, 05:23:32 PM


 
vip
Activity: 840
Merit: 1000
May be when the mods wrote on his OP here that removes it from his post count.
If it only went down by one then that makes sense... it would change the last edited person to the mod.

Id like this to be confirmed. Thanks
hero member
Activity: 560
Merit: 500
I am the one who knocks
May be when the mods wrote on his OP here that removes it from his post count.
If it only went down by one then that makes sense... it would change the last edited person to the mod.
donator
Activity: 3136
Merit: 1167
May be when the mods wrote on his OP here that removes it from his post count.
donator
Activity: 3136
Merit: 1167
Moderators have at least put a warning on the OP here so they are aware that he's AWOL, but moving the funds makes it obvious he's a scammer & should be tagged.
donator
Activity: 3136
Merit: 1167
legendary
Activity: 2506
Merit: 1010
Time to label a scammer tag, And really remind people that just because someones trustworthy for a little while, Doesnt mean that they always will be

Does anyone know anything about this service?
 - http://bitcoinfunding.com/

It is hosted at the same IP address as BitLotto.com.  They also are registered with privacy protection.  And it was another service that, if successful, would receive payment and then hold large amounts of funds until eventual payout.   Which is an interesting coincidence.
legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
Time to label a scammer tag, And really remind people that just because someones trustworthy for a little while, Doesnt mean that they always will be
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
bitlooto:  Last Active:  March 07, 2013, 05:23:32 PM

Theymos:  Can we please find out when his alts last logged in?
donator
Activity: 3136
Merit: 1167
The pot was on a general decline trend due to the new faster/better competition & his ever shoddier late handling of the monthly pay outs, I doubt that BL was a sell-able proposition at all, expect that he realized this & saw last month as being the likely highest pot that he could steal going forward, also his personal life is probably f-cked which means things will crash whenever.

I'll post my reply to his sell offer just for public interest, to see if he followed up on that at all after I declined.

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