Author

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

legendary
Activity: 3066
Merit: 1312
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.
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!
legendary
Activity: 3066
Merit: 1312
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 Smiley
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
member
Activity: 112
Merit: 10
HYIP system and ponzi scheme
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
legendary
Activity: 3066
Merit: 1312
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.
newbie
Activity: 6
Merit: 0
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.
legendary
Activity: 3066
Merit: 1312
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.
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.
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!
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.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
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.
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
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.
legendary
Activity: 3500
Merit: 1354
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?
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
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. 
legendary
Activity: 3066
Merit: 1312
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.
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
legendary
Activity: 1792
Merit: 1283
Mm the provably fair mechanism doesn't make much sense.

If you have at least 1000 tickets (which is probably guaranteed with the $1k min), you are looping 4 characters of the hash (= 0 - 65535), SHA256 is 64 characters, so a (1-1000/(16^4))^(64/4) = 78% chance the outcome is ticket #1 Sad

Anyway, even besides that, you cannot use a "clientseed" with a lottery like this. Because if you are trying to cheat, you would be the biggest player and you would be the one to "draw" = make the clientseed. Obviously since you know the serverseed, you can make any preferred outcome you like. Timestamp is useless since there is no way for others to verify you choose this fair and random. You must be using something like the blockhash..

You should be looking at how PevPot used to draw their lottery.





PS, I do like a lottery so GL. Although it seems like this is more focused on freerollers, "ponzi players" (with those 10 levels) and probably has a terrible HE for real players. Although I didn't do the math.
Thanks for doing the math on the provably fair mechanism, not skilled enough myself to do the calculations.
The 10 referral levels also made me a bit suspicious, since something like that could cause financial problems for the site in the long term.

The website itself looks quite nice though, if OP could fix the provably fair system and perhaps tone down the referral system (no multi level), then I could see this working.
legendary
Activity: 1876
Merit: 1295
DiceSites.com owner
Mm the provably fair mechanism doesn't make much sense.

If you have at least 1000 tickets (which is probably guaranteed with the $1k min), you are looping 4 characters of the hash (= 0 - 65535), SHA256 is 64 characters, so a (1-1000/(16^4))^(64/4) = 78% chance the outcome is ticket #1 Sad

Anyway, even besides that, you cannot use a "clientseed" with a lottery like this. Because if you are trying to cheat, you would be the biggest player and you would be the one to "draw" = make the clientseed. Obviously since you know the serverseed, you can make any preferred outcome you like. Timestamp is useless since there is no way for others to verify you choose this fair and random. You must be using something like the blockhash..

You should be looking at how PevPot used to draw their lottery.





PS, I do like a lottery so GL. Although it seems like this is more focused on freerollers, "ponzi players" (with those 10 levels) and probably has a terrible HE for real players. Although I didn't do the math.
newbie
Activity: 3
Merit: 0

Edit : its a bit strange for a gambling site that offers a great amount of pot but there are some advertising on the site. Makes me doubt that this site will pay huge amount of money while on other side they try to earn small amount of money from space ads.

I check https://blockadz.com/?a=BuyAds&id=ZAHWK8E0OUMOU and there you will find the information that there are 2,355 Monthly impressions.
legendary
Activity: 3066
Merit: 1312
How to win this game? I didn't play any kind of this games that's why I didn't no how to win into it. Is every Thiers one people will win?

How to win? No one knows because it depends your luck, but you can have better chance to win by having more tickets than other players. Just like a usual lottery..

Edit : its a bit strange for a gambling site that offers a great amount of pot but there are some advertising on the site. Makes me doubt that this site will pay huge amount of money while on other side they try to earn small amount of money from space ads.
member
Activity: 84
Merit: 10
I think it's very fair and need to get the reward
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
How to win this game? I didn't play any kind of this games that's why I didn't no how to win into it. Is every Thiers one people will win?
legendary
Activity: 1932
Merit: 2272
Site is looking nice, ill try this with free tickets..Hm, i am just curious if everyone claim free tickets, how will you pay, from your pocket? If free tickets reach 1,000,000$, will you pay? Can you explain more how your site works?
member
Activity: 192
Merit: 10
what this game is similar to the system HYIP
newbie
Activity: 6
Merit: 0
Win up to 1 000 000 $!
Pretty difficult to believe that a newbie will pay $1,000,000!

The pot is actually 0.8 BTC but it can grow up to a value of 1 000 000 $. You can read the How it works? section to understand how Bitmillionaires works.
When the pot grows to $1,000,000, nothing stops u from running away with the fund.

agreed on that

The Leader (player with more tickets) can decide to process a draw when the POT is only 1 000 $
member
Activity: 196
Merit: 10
looks good, I'll try to look into the sites now
sr. member
Activity: 274
Merit: 250
Win up to 1 000 000 $!
Pretty difficult to believe that a newbie will pay $1,000,000!

The pot is actually 0.8 BTC but it can grow up to a value of 1 000 000 $. You can read the How it works? section to understand how Bitmillionaires works.
When the pot grows to $1,000,000, nothing stops u from running away with the fund.

agreed on that
legendary
Activity: 2226
Merit: 1052
Win up to 1 000 000 $!
Pretty difficult to believe that a newbie will pay $1,000,000!

The pot is actually 0.8 BTC but it can grow up to a value of 1 000 000 $. You can read the How it works? section to understand how Bitmillionaires works.
When the pot grows to $1,000,000, nothing stops u from running away with the fund.
newbie
Activity: 6
Merit: 0
Win up to 1 000 000 $!
Pretty difficult to believe that a newbie will pay $1,000,000!

The pot is actually 0.8 BTC but it can grow up to a value of 1 000 000 $. You can read the How it works? section to understand how Bitmillionaires works.
legendary
Activity: 2226
Merit: 1052
Win up to 1 000 000 $!
Pretty difficult to believe that a newbie will pay $1,000,000!
newbie
Activity: 6
Merit: 0

Become a Millionaire with one click!

The first lottery that combines luck and strategy!

  • Claim free tickets every day!
  • Buy tickets for a bigger chance to win!
  • Upgrade your account and get more tickets!
  • Receive tickets from your referrals! Up to 10 levels affiliate program!
  • The Leader chooses when to process a Draw. Then, one winner is randomly selected.
    As more tickets you have, more options to win the POT!

Win up to 1 000 000 $!

Jump to: