Topic: BitMillions.com- More than ฿ 1,400 in Prizes - Play with only ฿ 0.01! - page 12. (Read 21634 times)

What's your house edge?

We don’t have house edge. We have a house fee of 10% only in the losing tickets. We have developed this system as a long term and profitable business. We have seen many sites that after a few months had to close down or even worse, we have seen the administrators go away with all the funds. We earn money when people play and win, we charge a house fee not only for profit but also to ensure that the site will have all the security measurements needed and on top of that we will be responsible for replacing any lost BTC in case of any security breach.

It's a jackpot or a fixed prize for the hits?

It is a jackpot. Pools are formed by all the losing tickets. A play is generated and all the losing tickets become part of the pools for the next draw, after deducting the 10% house fees. These funds are divided proportionally among the prize for 2 matches, 3 matches and 4 matches: 40% for two, 30% for 3 and 20% for 4.

Yes, Bitcoins for all the 3 pools are stored in independent addresses and will never be moved for any other purpose than to make payments to winners. You will be able to verify these funds at any time ( the address will be in our site ), as they will update in real time, after each draw.

what's your house edge?

and it's a jackpot or a fixed prize for the hits?

Can you prove that the major prizes actually exist ? ie you have enough coin to cover the prizes.

Oki! Thanks!

(Sorry but English is not my first language) 

since we're fixing the spelling, it's Anonymous, not Anonimous.

Yes, sorry!! Anybody.. (just fixed it in the post)

Thanks for letting me know

>  that can be verified by onebody

Anybody, right? Not onebody?

Hello everybody, my name is Charly and I am the lead developer for the project.

I wanted to share with you some simulations we ran to on the system:


The Winnings Odds are:

Match # 1 : 1 in 6.89
Match # 2 : 1 in 143.32
Match # 3 : 1 in 10,211.52
Match # 4 : 1 in 3,921,225

Source: http://www.lottogenie.com/html/odds.html

These numbers are consistent with the results we seen over the 3 months of testing we been doing before launching.

If you have any question regarding the system, you can found me on the #BitMillions channel on FreeNode IRC

Introducing http://bitmillions.com - The first fully automated and cheat proof lottery system based on the Bitcoin Network Blockchain.

BITMILLIONS TOTAL PRIZES START AT ฿ 1,300 !!

Check Pools in these 3 addresses
http://blockchain.info/tx/c02dab9b143074f5bfa8eef2d1135e4dc16743e9f4658ee864727cb168a7e513

-------------------------------------------------------------
Odds of winning

4 Matches Odds : 1 in 3,921,225
3 Matches Odds : 1 in 10,211
2 Matches Odds : 1 in 143
1 Matches Odds : 1 in 6.86

( http://www.lottogenie.com/html/odds.html )
-------------------------------------------------------------

BitMillions is a unique lottery system, offering an average of 144 draws per day (each draw corresponding to one Bitcoin Block) and prizes for each draw are paid automatically after the 6th confirmation.

Some Advantages of BitMillions.com

- Win the Jackpot with only ฿ 0.10
- 3 Different Pools. Even if you match 1 number you are a winner.
- Prizes for each draw are fully automatically paid after the 6th confirmation.
- Payments to players are sent without deducting any transaction fee. All transaction fees will be covered by the site operators.
- All the addresses for the pools of 3 & 4 matches were generated and are kept offline to ensure maximum security at all times.
- Funds in pools are 100% transparent and can be verified at any time. The bitcoins for all the pools are stored in independent addresses and will never be moved for any other purpose than to make payments to winners.
- There are Free Plays and Free Bonus Plays for high rollers and winners.
- Up to 100% Bonus Plays for High Roller Players.
- No Game Limits.
- No downloads, registration or sign up required. 100% Anonymous!
- Numbers for each draw are generated through a complex but extremely secure and fair process that can be verified by anybody after each draw.
- The site has an average of 144 draws per day. You could be the next jackpot winner any minute!
- Numbers can be chosen by the player directly from the client or the system can randomly choose them.
- Accounting for each draw is a 100% transparent and verifiable.

BitMillions.com is the first online lottery game based 100% in the New Cryptocurrency Era.

Sign up for beta testing and receive ฿ 1 FREE BTC to play!!
More info here https://bitcointalksearch.org/topic/looking-for-100-beta-testers-to-try-bitmillionscom-get-1-to-play-for-free-140349


** The site is open to the public, anyone can play & win! **



Thank you to all the beta testers and users that helped us improve our site experience, we are still working in some of the improvements of the site, but feel free to leave us feedback.

Based on the latest increased of the BTC price, we have decided to lower the ticket price to 0.01 BTC. Everything will be the same, so players will have more fun, for way less money! And pools are incredible high for a price of 0.01 BTC!

With these changes with only 1 BTC players will have 110 plays, almost a day of playing!

Grand Opening Bonus Tickets & High Rollers Discounts were adjusted accordingly.

Pool retain was increased to 50%.

Players are still able to choose the numbers in the same way as before, just pick your lucky numbers on decimals in the transaction.