Bitmillionaires.com POT 0.8 BTC / Free BTC lottery / 10 levels affiliates

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: bitmillionaires on November 20, 2016, 06:28:49 AM

Remember that you can get more daily tickets by upgrading your account!

0.01 BTC give you 10 daily tickets forever, so you get 100 tickets after 10 days, 1000 tickets after 100 days and so on!

This makes your lottery much more suspicious, it is only to fool people to deposit then wait for unknown time till the lottery being drawn. Smart people will never even tried to visit your site if they know how your lottery works.

bitmillionaires

newbie

Activity: 6

Merit: 0

Remember that you can get more daily tickets by upgrading your account!

0.01 BTC give you 10 daily tickets forever, so you get 100 tickets after 10 days, 1000 tickets after 100 days and so on!

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: quit_gambling_for_good on November 04, 2016, 03:17:58 AM

I got a free tickets after signing up on the site, but when will the lotto be draw? Thank you

I think it is not hard to find the answer of your question, read some posts in this thread or read how this lottery works on the site. Anyway congrats on your useless tickets

quit_gambling_for_good

member

Activity: 112

Merit: 10

I got a free tickets after signing up on the site, but when will the lotto be draw? Thank you

luckylucky

member

Activity: 112

Merit: 10

HYIP system and ponzi scheme

Barcode_

staff

Activity: 3206

Merit: 575

Join the world-leading crypto sportsbook NOW!

The Pot is only at $532, at this rate, when will the pot be draw? And I believe no players dare to buy any more tickets at this rate, either op change the draw rule to weekly regardless of the prize amount or this site just sit and wait Cheesy

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: bitmillionaires on October 24, 2016, 02:23:24 PM

Quote from: btcdevil on October 23, 2016, 07:50:34 AM

To process a Draw, you must be the Leader and all this conditions must be true:

1. The minimum Pot value is 1000 $.

2. The last Draw was at least 10 days ago.

If the pot reaches 2 000 000 $ value, then the Draw is automatically processed.

The awarded prize is 50% of the Pot, so if the Pot is 2 000 000 $, the prize awarded is 1 000 000 $.

Hey OP what does this mean that only 50% of the pot is awarded prize then what about another 50% of the prize. Can you explain this as i am getting confusion that you are keeping 50% of the pot as your house edge or profit margin from the every lottery result.

it means that the 50% of the pot stays for the next round. With this system the POT is never 0.

The service fee is only 10% and it is charged when users buy tickets, so it doesn't affect the amount in the POT.

Dont you realize that your lottery will never be drawn? Looks the fact, its been two weeks but the POT does not even close to $1000. You should change how your lottery works, make it like a usual lottery then you may get more interest. People are worried to buy tickets because it is not clear when the lottery will be drawn, at least you should give a maximum time limit. Lets say 1 week, the lottery should be drawn no matter how much is the pot. People will just like donating their btc because there is no clear terms on how if the lottery is not drawn after so long time.

bitmillionaires

newbie

Activity: 6

Merit: 0

Quote from: btcdevil on October 23, 2016, 07:50:34 AM

To process a Draw, you must be the Leader and all this conditions must be true:

1. The minimum Pot value is 1000 $.

2. The last Draw was at least 10 days ago.

If the pot reaches 2 000 000 $ value, then the Draw is automatically processed.

The awarded prize is 50% of the Pot, so if the Pot is 2 000 000 $, the prize awarded is 1 000 000 $.

Hey OP what does this mean that only 50% of the pot is awarded prize then what about another 50% of the prize. Can you explain this as i am getting confusion that you are keeping 50% of the pot as your house edge or profit margin from the every lottery result.

it means that the 50% of the pot stays for the next round. With this system the POT is never 0.

The service fee is only 10% and it is charged when users buy tickets, so it doesn't affect the amount in the POT.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: btcdevil on October 23, 2016, 07:50:34 AM

To process a Draw, you must be the Leader and all this conditions must be true:

1. The minimum Pot value is 1000 $.

2. The last Draw was at least 10 days ago.

If the pot reaches 2 000 000 $ value, then the Draw is automatically processed.

The awarded prize is 50% of the Pot, so if the Pot is 2 000 000 $, the prize awarded is 1 000 000 $.

Hey OP what does this mean that only 50% of the pot is awarded prize then what about another 50% of the prize. Can you explain this as i am getting confusion that you are keeping 50% of the pot as your house edge or profit margin from the every lottery result.

I guess the other 50% of the pot goes to the owner. This makes the house edge of the game is so high imho, I dont know how to calculate it properly but it is strange that a winner of lottery game only receive 50% of the total pot. It is not good to buy many tickets especially if we have spent so big amount (more than half of the total pot). In usual lottery, winner will receive areound 90-100% of the total pot which will be still profitable if players spent more than half of the total pot.

btcdevil

legendary

Activity: 1302

Merit: 1027

To process a Draw, you must be the Leader and all this conditions must be true:

1. The minimum Pot value is 1000 $.

2. The last Draw was at least 10 days ago.

If the pot reaches 2 000 000 $ value, then the Draw is automatically processed.

The awarded prize is 50% of the Pot, so if the Pot is 2 000 000 $, the prize awarded is 1 000 000 $.

Hey OP what does this mean that only 50% of the pot is awarded prize then what about another 50% of the prize. Can you explain this as i am getting confusion that you are keeping 50% of the pot as your house edge or profit margin from the every lottery result.

bitmillionaires

newbie

Activity: 6

Merit: 0

First draw will happen when POT will be 1000 $. This can be because many players buy tickets or because BTC price increase!

btcdevil

legendary

Activity: 1302

Merit: 1027

Just now registered my account in your site and claimed the free ticket , i know that in lottery i am having very bad luck so i wont win, but then also i am trying. The site is designed simple and good. Hope they dont scam and be legit site.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: adi33 on October 22, 2016, 10:35:33 PM

whether the site is being maintenance? I once hard to access. maybe this site is down for maintenance. if only I here that are difficult to access the site

for now, i can visit the site properly and i see that site is good design with fast loading for slow connection, while i see there are ads in the homepage but its fine as long as its not a popups. good work for the OP and success to you.

adi33

hero member

Activity: 630

Merit: 500

RealistaToken.com

whether the site is being maintenance? I once hard to access. maybe this site is down for maintenance. if only I here that are difficult to access the site

SparkedDev

hero member

Activity: 896

Merit: 1000

Would be a good idea to change your link in the op to your secure site link.
But when i go to the https:// no data on the site is loading.

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: Barcode_ on October 22, 2016, 08:07:31 AM

I don't think this site will ever draw the 1st lotto winner at this rate, it have been almost 3 weeks, no news, no updates, nothing Huh

Exactly, this is not an interesting lottery. I hope no one spent some money on it to buy some tickets. Just curious if there are some people bought tickets but the draw never happened, will they get their money back?

Barcode_

staff

Activity: 3206

Merit: 575

Join the world-leading crypto sportsbook NOW!

I don't think this site will ever draw the 1st lotto winner at this rate, it have been almost 3 weeks, no news, no updates, nothing Huh

trafficolaa

legendary

Activity: 1008

Merit: 1000

That is still confusing how they will generate the winning numbers there because there is no provably fair mechanism implemented there, and the current draw so high pot amount to let know about the winners there, I think there system is complicated to understand about their lottery system.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: Barcode_ on October 16, 2016, 04:55:57 AM

When will the first lotto be draw? It have been one week and no updates too Huh

To draw the lottery, the total pot should be at least $1,000 and after the pot reach $1000 then players need to wait for the leader of the lottery (player with the highest tickets) because he is the one who can click the draw button. And the winner will only get 50% of the total pot.
I think the lottery will not happen in the future.

Barcode_

staff

Activity: 3206

Merit: 575

Join the world-leading crypto sportsbook NOW!

When will the first lotto be draw? It have been one week and no updates too Huh

Topic: Bitmillionaires.com POT 0.8 BTC / Free BTC lottery / 10 levels affiliates (Read 1645 times)