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Topic: BitMillions.com- More than ฿ 1,400 in Prizes - Play with only ฿ 0.01! - page 9. (Read 21634 times)

legendary
Activity: 1750
Merit: 1007
Love the site, very well done.  Only one thing I'm a bit confused over:  Is there a reason you decided to have the tickets pay out for each play?  The current method is going to end up filling wallets with a lot of small inputs, making it harder to spend without long delays and/or high fees.  Perhaps a separate address to purchase a ticket which sends your total winnings after the ticket fully matures?  This saves you money, and the player as well in the long run.

It's possible to buy a ticket that runs for several years.  You probably wouldn't want to wait for the end for it to pay out.  A compromise like paying out every 100 draws would seem reasonable though.  That would mean payouts every 16.7 hours on average.  And if they always paid out on draws ending with 00 then players could easily know how many more draws until their next payout.

Good point, I hadn't thought of the idea of buying a single ticket that lasted for a significant time.  An every-100 blocks payout ticket would definitely be a good compromise there.  I just hate seeing the blockchain bloat and difficult to spend outputs filling a wallet [glares at SatoshiDice].
legendary
Activity: 2940
Merit: 1333
Love the site, very well done.  Only one thing I'm a bit confused over:  Is there a reason you decided to have the tickets pay out for each play?  The current method is going to end up filling wallets with a lot of small inputs, making it harder to spend without long delays and/or high fees.  Perhaps a separate address to purchase a ticket which sends your total winnings after the ticket fully matures?  This saves you money, and the player as well in the long run.

It's possible to buy a ticket that runs for several years.  You probably wouldn't want to wait for the end for it to pay out.  A compromise like paying out every 100 draws would seem reasonable though.  That would mean payouts every 16.7 hours on average.  And if they always paid out on draws ending with 00 then players could easily know how many more draws until their next payout.
newbie
Activity: 59
Merit: 0
I sent 1BTC from 1KjmoMmUMRfwFk7xu3gNXRKyBT1R13sRh9 .  It doesn't show up, but when i follow the block, it seems that my 1BTC is getting my plays at 1HDbwG9R6ubEHA7FM63TUE5W8zCget7sYP.  I am not a blockchain expert so I am not sure what is going on.  Any help would be appreciated.

We use the first Input Transaction as Sender Address, if you check on yours:
http://blockchain.info/tx-index/51216827/cb17e2e132d57fb3477b748e296d83dfc03393bd04ed6da9366b80dc2ebdfc8f

You will see that 1HDbwG9R6ubEHA7FM63TUE5W8zCget7sYP is the first one.

I recommend you to use a Wallet that allow you to do coin control like Blockchain.info

Ah, I see.  I sent it from my actual wallet instead of blockchain.info.  Looked at my wallet and my winnings are going there. Sorry for the newbie confusion.

TY for the quick answer  Smiley
member
Activity: 94
Merit: 10
I sent 1BTC from 1KjmoMmUMRfwFk7xu3gNXRKyBT1R13sRh9 .  It doesn't show up, but when i follow the block, it seems that my 1BTC is getting my plays at 1HDbwG9R6ubEHA7FM63TUE5W8zCget7sYP.  I am not a blockchain expert so I am not sure what is going on.  Any help would be appreciated.

We use the first Input Transaction as Sender Address, if you check on yours:
http://blockchain.info/tx-index/51216827/cb17e2e132d57fb3477b748e296d83dfc03393bd04ed6da9366b80dc2ebdfc8f

You will see that 1HDbwG9R6ubEHA7FM63TUE5W8zCget7sYP is the first one.

I recommend you to use a Wallet that allow you to do coin control like Blockchain.info
newbie
Activity: 59
Merit: 0
I sent 1BTC from 1KjmoMmUMRfwFk7xu3gNXRKyBT1R13sRh9 .  It doesn't show up, but when i follow the block, it seems that my 1BTC is getting my plays at 1HDbwG9R6ubEHA7FM63TUE5W8zCget7sYP.  I am not a blockchain expert so I am not sure what is going on.  Any help would be appreciated.
legendary
Activity: 1750
Merit: 1007
Love the site, very well done.  Only one thing I'm a bit confused over:  Is there a reason you decided to have the tickets pay out for each play?  The current method is going to end up filling wallets with a lot of small inputs, making it harder to spend without long delays and/or high fees.  Perhaps a separate address to purchase a ticket which sends your total winnings after the ticket fully matures?  This saves you money, and the player as well in the long run.
legendary
Activity: 2940
Merit: 1333
I've thought about that yesterday, but since I could not afford to lose 100 BTC I stopped thinking about it and started doing other stuff (to stop feeding that gambling desire I sometimes have).

Ha!  Me too...

I was thinking if I did go for it, I would have to buy lots of tickets all at once to increase my chance of winning before somebody else did.  There's no good way of buying lots of tickets for the same draw without spamming the blockchain with transactions with hundreds of outputs.  I calculated that I could buy 288 tickets with a single 10k byte transaction (each ticket you buy adds 34 bytes to the transaction size) but that I'd want to buy many more than that to have a reasonable chance of winning the pot (odds of 1-in-10k).  So I stopped thinking about it.  Smiley
legendary
Activity: 952
Merit: 1000
Can you prove that?  Wink You know... Bitcoin and stuff.
You can check all the ticket he purchased on:
https://bitmillions.com/address/1BT4xWe5ATp37CwpxwnYViUDJq62nKbFvq

And Payment Transaction has just been sent:
https://blockchain.info/tx/d873bad7cd1a4b31f3dd634f23ce21913fade0d22abab70f09eddefd67b8381f

Congratulations to our first Lucky Winner! Smiley
I just want to know if he really is the 'owner' of that address.


Can you prove that?  Wink

You know... Bitcoin and stuff.

The pot for match-3 was far too high.  It really was worth playing until you hit it, because it was incredibly unlikely you would make a loss - unless someone else hit it before you.

The three pots will end up being 6643 BTC, 26 BTC and 0.48 BTC on average.  Having 400 BTC in the match-3 pot put it around 16 times bigger than it will be on average, and made it well worth shooting for.

You hit the match-3 pot about once every 10,000 draws.  10,000 draws cost 100 BTC to play.  So you're paying 100 BTC to win half of 400 BTC - well worth doing, even if you never win any of the other pots (which, of course, you will).
I've thought about that yesterday, but since I could not afford to lose 100 BTC I stopped thinking about it and started doing other stuff (to stop feeding that gambling desire I sometimes have).

EDIT: Goddammit, my English sometimes is broken as hell.
member
Activity: 94
Merit: 10
The pot for match-3 was far too high.  It really was worth playing until you hit it, because it was incredibly unlikely you would make a loss - unless someone else hit it before you.

The three pots will end up being 6643 BTC, 26 BTC and 0.48 BTC on average.  Having 400 BTC in the match-3 pot put it around 16 times bigger than it will be on average, and made it well worth shooting for.

You hit the match-3 pot about once every 10,000 draws.  10,000 draws cost 100 BTC to play.  So you're paying 100 BTC to win half of 400 BTC - well worth doing, even if you never win any of the other pots (which, of course, you will).

You are correct, pots were initially funded for a 0.10 Ticket Price ( Average 66430 BTC, 260 BTC and 4.8 BTC ) when we reduced the price, we knew that the pool what much higher, but we decided to eat the mistake and reward our first batch of winners.
legendary
Activity: 2940
Merit: 1333
Can you prove that?  Wink

You know... Bitcoin and stuff.

The pot for match-3 was far too high.  It really was worth playing until you hit it, because it was incredibly unlikely you would make a loss - unless someone else hit it before you.

The three pots will end up being 6643 BTC, 26 BTC and 0.48 BTC on average.  Having 400 BTC in the match-3 pot put it around 16 times bigger than it will be on average, and made it well worth shooting for.

You hit the match-3 pot about once every 10,000 draws.  10,000 draws cost 100 BTC to play.  So you're paying 100 BTC to win half of 400 BTC - well worth doing, even if you never win any of the other pots (which, of course, you will).
member
Activity: 94
Merit: 10
Can you prove that?  Wink You know... Bitcoin and stuff.

You can check all the ticket he purchased on:
https://bitmillions.com/address/1BT4xWe5ATp37CwpxwnYViUDJq62nKbFvq

And Payment Transaction has just been sent:
https://blockchain.info/tx/d873bad7cd1a4b31f3dd634f23ce21913fade0d22abab70f09eddefd67b8381f

Congratulations to our first Lucky Winner! Smiley
member
Activity: 95
Merit: 10
BitMillions.com
3 Lucky Winners won almost 400 BTC with less than ฿ 2 in 24hs!!!

AMAZING!!!

Check draws at

https://bitmillions.com/draws/220149
https://bitmillions.com/draws/220181
https://bitmillions.com/draws/220231





legendary
Activity: 952
Merit: 1000
6.5k+
I put in a couple hundred dollars Angry Mixed feelings. I do legitimately feel like a plunderer...
Profit is approx $6,500
I put in couple hundred; the majority of it when a bet was @ .1 btc a few days ago
Can you prove that?  Wink

You know... Bitcoin and stuff.
hero member
Activity: 1009
Merit: 506
Profit is approx $6,500
I put in couple hundred; the majority of it when a bet was @ .1 btc a few days ago
sr. member
Activity: 294
Merit: 250
6.5k meaning.. 6.5k 0.01 BTCS?
hero member
Activity: 1009
Merit: 506
6.5k+
I put in a couple hundred dollars Angry Mixed feelings. I do legitimately feel like a plunderer...
legendary
Activity: 952
Merit: 1000
So... We meet again.
How much did you won? And how much did you 'bet'?
sr. member
Activity: 294
Merit: 250
waffle you keep winning jesus christ. Please don't play Satoshi Dice, I have shares there!
hero member
Activity: 1009
Merit: 506
So... We meet again.
member
Activity: 94
Merit: 10
207BTC. Thanks. Again.  Huh   Cheesy  Roll Eyes

Congratulations!!! Pool # 3 is paid from Cold Storage, so we'll pay it first time tomorrow!
I am very happy of seen the first big winner on BitMillions! Congratulations again! Smiley
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