Topic: Crypto raffle game idea | feedback required (Read 745 times)
Thanks, I’ll check it out!
Did you hear about TFS? It’s pretty stable these days, and you can make money on it via staking.
Huh, that’s pretty interesting. Is it’s rate really that stable? 3 - Yeah, TFS is one of the most stable coins out there.I had this coin for a long time now, and didn’t have any issues. Moreover, I managed to get pretty hefty profits! You can learn more about it on Fairspin, just google it and you’ll get all the info you need. Did you hear about TFS? It’s pretty stable these days, and you can make money on it via staking.
Oh, thanks, first time I'm hearing about it. Where can I buy it?
Did you hear about TFS? It’s pretty stable these days, and you can make money on it via staking.
I want to invest in crypto, what are the best coins that are worth investing in?
Well, there are a few, such btc, eth, but they aren’t that profitable these days.specific?I want to invest in crypto, what are the best coins that are worth investing in?
Well, there are a few, such btc, eth, but they aren’t that profitable these days.specific?
I want to invest in crypto, what are the best coins that are worth investing in?
Hello "Betcrypto.cr" you have already received a lot of comments and I think based on the comment you have already received you should lock this thread and stop trying to open such a service. "Betcrypto.cr" what is your feedback base on the comments you have already received??
And here it is not clear why OP is silent, does not write anything here, does not explain anything to us here. The questions are well-posed. Or after reading the reviews of BTT users, OP decided that no one was interested in his proposals. Actually, for example, I always like it when someone comes up with something new and shares his ideas and his initiative with potential users of his project. From its inception, BTT has been different from many forums with a huge number of ideas and discussions in the field of cryptocurrencies. But not only. Ideas in the field of gambling using cryptocurrency are also very interesting.
Let's hope OP will show up here and respond to our comments.
Hello "Betcrypto.cr" you have already received a lot of comments and I think based on the comment you have already received you should lock this thread and stop trying to open such a service. "Betcrypto.cr" what is your feedback base on the comments you have already received??
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Sounds like a bad business, especially for the players. And if you can't attract the players, then it is a bad business for you too Mr. Betcrypto.cr. You business idea is crap because you are taking 100% but giving away 60%. I can see you are giving away another 10% to a crypto foundation but let's be honest, nobody wants that. If it was 1%, I'd say who cares but 10%? That's unnecessary. And 30% for the operation costs? Wheee, that is basically 30% (+10%) house edge.
People do the same thing with 1-5% house edge. Now the most important question is... Why are you so greedy?
Yes, perhaps only to thank him that he honestly outlined his plan here, which we are discussing.
Although I don’t know what kind of reaction from BTT users who are wise in all respects, OP was counting on? It is understandable that everyone will be outraged.
And yet, perhaps he should clarify the details of the project, so that everyone here understands why such a proposal at first glance, which many will consider an attack on fraud.
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Sounds like a bad business, especially for the players. And if you can't attract the players, then it is a bad business for you too Mr. Betcrypto.cr. You business idea is crap because you are taking 100% but giving away 60%. I can see you are giving away another 10% to a crypto foundation but let's be honest, nobody wants that. If it was 1%, I'd say who cares but 10%? That's unnecessary. And 30% for the operation costs? Wheee, that is basically 30% (+10%) house edge.
People do the same thing with 1-5% house edge. Now the most important question is... Why are you so greedy?
- I think what you are planning is great OP, I just have a few questions for you. First, how much is the allocation budget that you or your team have for this matter?
Then for the operational cost, Signature campaign, affiliates Servers plus ads everything is 30%, so it comes out to 6% per allocation you will allocate for this, right?
While it's nice and I support what you said that 60% of the ticket sales will go to the crypto foundation, you're kind of 2 thumbs-up from me here. But if you can sell a lot of tickets, what if you can only sell a small one? that will be your big problem in my opinion.
There is no allocation budget but he is the one that seeks for funds to be able to start this program. 60 percent will go to the prize of the people that wins it but 10 percent will only go the chosen charity. If ever he only sold a small number of tickets, I think the raffle won't be started.Then for the operational cost, Signature campaign, affiliates Servers plus ads everything is 30%, so it comes out to 6% per allocation you will allocate for this, right?
While it's nice and I support what you said that 60% of the ticket sales will go to the crypto foundation, you're kind of 2 thumbs-up from me here. But if you can sell a lot of tickets, what if you can only sell a small one? that will be your big problem in my opinion.
This is sad but it's better to accumulate more money so that the amounts that will be shared to the winner and charity is going to be sufficient. I don't know if what will be the gain of the op for doing this because he didn't add a cut/percent for himself but I am also thinking that maybe he already have a gambling site and he will just add it there. Well that's great.
Therefore, in my analysis that OP wants to help the charity but it seems that he does not have enough ability to do it alone at the same time he still helped other people via the lotto, so he thought of conducting this way to raise funds.
His motive and interest are good, and I don't see anything wrong with that, why doesn't he make 50% of the collected funds go to the winner, and then the 10% that he cut off if he doesn't want to have a cut for, on his own, he should make 10% for emergency funds.
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Do you think you could be able to achieve that? I believe you know gamblers would certainly not be moved by this as they are bent on winning and want something void of human selection. This you want to try is not going to work as that way as you have envisioned it. Go back to you drawing board and restructure
in terms of operation cost and that charity percentage which people would really be that hesitant nor doesnt trust up considering these money or funds could be anytime be ran away
if the owner wants too.Simply, people are really that paranoid when it comes to charitable deeds or actions which it would always be raising up those questions or doubts in mind.
Crypto raffle or some sort of lottery is never been a good type of game which we had seen that they do eventually failed up on this market.
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Pretty cool idea. I think you should go for it. Also, please add a referral system and referral bonus for this campaign. But I think 30% for operational cost e.t.c would be much low. I think it should be from 35% to 40% and the price can be reduced to 50% to 55%.
How does the OP ensure this isn't another scam and hoax. Where is the mechanism of provable fairness in terms of the distribution of winnings, when the percentages have not even been determined yet. Although the OP gave the numbers, how can this be publicly verified and what are the measures to be taken if deliberate deception is detected? All these questions are sure to be asked by any normal lottery participant before sending their money to devs. So I would not participate in such a lottery in any way.
But of course, there may be one of the fans of extreme sports and cryptocurrencies and take a chance.
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Do you think you could be able to achieve that? I believe you know gamblers would certainly not be moved by this as they are bent on winning and want something void of human selection. This you want to try is not going to work as that way as you have envisioned it. Go back to you drawing board and restructure
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Pretty cool idea. I think you should go for it. Also, please add a referral system and referral bonus for this campaign. But I think 30% for operational cost e.t.c would be much low. I think it should be from 35% to 40% and the price can be reduced to 50% to 55%.
Im not expecting something positive when it comes to lottery.Its true that we dont really like to wait up for our bets for too long unless if you've been dealing with sports betting
but we know that its really totally different since we could really see that dealing with sports is something interesting rather than on seeing that boring number drawing on a lottery.
This is a great a innovation and I like it if you can being it onboard so that we see more of it and how it's going to work. I have been looking for this kind of game for a while now but seeing your idea really make sense and it will help gamblers to see another opportunity in this for us to make some little profits if we could be lucky to win.
innovation? lol raffle games? since when 
Looks good. Its not that there's many people interested in raffles but I guess that as a business model it looks great.
I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
___________________________I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
OP are you still interested in bringing your plans here? because it seems that you have not visiting your thread for days now.
Perhaps, because the honest and constructive criticism we all provided to him, he realized his idea as harder to make a reality than he initially thought, so decided not to participate again around here. I believe it is better that way, with the things considered here we probably helped him to save money, time and maybe even reputation.
So a moderator should lock this thread in the coming days if OP does not make any further appearance?
This is a great a innovation and I like it if you can being it onboard so that we see more of it and how it's going to work. I have been looking for this kind of game for a while now but seeing your idea really make sense and it will help gamblers to see another opportunity in this for us to make some little profits if we could be lucky to win.
Looks good. Its not that there's many people interested in raffles but I guess that as a business model it looks great.
I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
___________________________I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
OP are you still interested in bringing your plans here? because it seems that you have not visiting your thread for days now.
Perhaps, because the honest and constructive criticism we all provided to him, he realized his idea as harder to make a reality than he initially thought, so decided not to participate again around here. I believe it is better that way, with the things considered here we probably helped him to save money, time and maybe even reputation.
So a moderator should lock this thread in the coming days if OP does not make any further appearance?
I agree into the things that you had said about having no appearance which we can presume that op did really make out some realizations basing on community feedback or with the majority.
Saving up money indeed and his time on making something which doesnt really get that much attention or interest here on the market.
Just like the rest been saying that lottery based or type of games arent something interesting.Gamblers are impatient on dealing on a game which its results does really took
soo long and this is why we do really see big differences in terms of interest and numbers in between casino games and lotteries.So its a good call!
Looks good. Its not that there's many people interested in raffles but I guess that as a business model it looks great.
I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
___________________________I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
OP are you still interested in bringing your plans here? because it seems that you have not visiting your thread for days now.
Perhaps, because the honest and constructive criticism we all provided to him, he realized his idea as harder to make a reality than he initially thought, so decided not to participate again around here. I believe it is better that way, with the things considered here we probably helped him to save money, time and maybe even reputation.
So a moderator should lock this thread in the coming days if OP does not make any further appearance?
OP are you still interested in bringing your plans here? because it seems that you have not visiting your thread for days now.
He is still waiting for people who will support this idea but so far it's receiving negative feedback, and I would like to add my own feedback, I'm not solved to the idea but maybe a project could come up and make a breakthrough, the lottery is good for offline but online gamblers prefers games with instant results, gamblers like instant enjoyment and instant money and if they are going to wait for a game they want huge stakes, but because of lack of support, I doubt if many will participate to raise big money for stake.
Looks good. Its not that there's many people interested in raffles but I guess that as a business model it looks great.
I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
If I remember it correctly , there are raffle game that had been in the forum back then but I can't remember that any of those succeed(aside from those short raffle that conducted by prominent members of community here) .I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
but you are correct they might be a good business model or maybe this time attraction will come in raffles game.
___________________________________________
OP are you still interested in bringing your plans here? because it seems that you have not visiting your thread for days now.
- I think what you are planning is great OP, I just have a few questions for you. First, how much is the allocation budget that you or your team have for this matter?
Then for the operational cost, Signature campaign, affiliates Servers plus ads everything is 30%, so it comes out to 6% per allocation you will allocate for this, right?
While it's nice and I support what you said that 60% of the ticket sales will go to the crypto foundation, you're kind of 2 thumbs-up from me here. But if you can sell a lot of tickets, what if you can only sell a small one? that will be your big problem in my opinion.
There is no allocation budget but he is the one that seeks for funds to be able to start this program. 60 percent will go to the prize of the people that wins it but 10 percent will only go the chosen charity. If ever he only sold a small number of tickets, I think the raffle won't be started.Then for the operational cost, Signature campaign, affiliates Servers plus ads everything is 30%, so it comes out to 6% per allocation you will allocate for this, right?
While it's nice and I support what you said that 60% of the ticket sales will go to the crypto foundation, you're kind of 2 thumbs-up from me here. But if you can sell a lot of tickets, what if you can only sell a small one? that will be your big problem in my opinion.
This is sad but it's better to accumulate more money so that the amounts that will be shared to the winner and charity is going to be sufficient. I don't know if what will be the gain of the op for doing this because he didn't add a cut/percent for himself but I am also thinking that maybe he already have a gambling site and he will just add it there. Well that's great.
going into his pocket.It would be impossible on raising up some lottery or business which you wont really be making yourself able to gain.Of course you would really be eyeing on getting gains out of that 30%
but just like the rest been saying that raffle game or lotteries doesnt really get that much attention on gambling world unlike on national lotteries though but if you do speak or mention about here on crypto
space alone.Then you cant really see any lottery websites do really succeed out except from Freebitco.in which it did really have that kind of set up
which di really poke up huge interest on the community but of course the reductions arent as worst as this on getting 30% which is too much.
- I think what you are planning is great OP, I just have a few questions for you. First, how much is the allocation budget that you or your team have for this matter?
Then for the operational cost, Signature campaign, affiliates Servers plus ads everything is 30%, so it comes out to 6% per allocation you will allocate for this, right?
While it's nice and I support what you said that 60% of the ticket sales will go to the crypto foundation, you're kind of 2 thumbs-up from me here. But if you can sell a lot of tickets, what if you can only sell a small one? that will be your big problem in my opinion.
There is no allocation budget but he is the one that seeks for funds to be able to start this program. 60 percent will go to the prize of the people that wins it but 10 percent will only go the chosen charity. If ever he only sold a small number of tickets, I think the raffle won't be started.Then for the operational cost, Signature campaign, affiliates Servers plus ads everything is 30%, so it comes out to 6% per allocation you will allocate for this, right?
While it's nice and I support what you said that 60% of the ticket sales will go to the crypto foundation, you're kind of 2 thumbs-up from me here. But if you can sell a lot of tickets, what if you can only sell a small one? that will be your big problem in my opinion.
This is sad but it's better to accumulate more money so that the amounts that will be shared to the winner and charity is going to be sufficient. I don't know if what will be the gain of the op for doing this because he didn't add a cut/percent for himself but I am also thinking that maybe he already have a gambling site and he will just add it there. Well that's great.
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Good luck to your journey in crypto gambling area but I think it is better not to stick with Raffle events mate because this does not attract many response from legit gamblers because we are love casino games and sportsbetting.To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
why not extend your offering from this to whole casino but of course this will be your main target of audience .
But I would also love seeing this through and may be interested in taking part in the future.
You have to consider one thing which the the money involved to get a slot to your raffle, it may be a small amount but many gamblers may think otherwise as a way of scam or extortion from them since this is their first experience they will be having with you, assuming you've got enough reputation already right from the forum and been trusted this couldn't have been a challenge anymore because people know you can deliver, but consider this as a starting point i will advise to start from low level whereby you will use your own money to fund the raffle and maybe from their gradually you get known with good reputation, just believe me you need financial means to start up this.
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
- I think what you are planning is great OP, I just have a few questions for you. First, how much is the allocation budget that you or your team have for this matter?
Then for the operational cost, Signature campaign, affiliates Servers plus ads everything is 30%, so it comes out to 6% per allocation you will allocate for this, right?
While it's nice and I support what you said that 60% of the ticket sales will go to the crypto foundation, you're kind of 2 thumbs-up from me here. But if you can sell a lot of tickets, what if you can only sell a small one? that will be your big problem in my opinion.
I mean to use it in order to select the winner of each raffle - as said in the first page of this thread and Blawpaw mentioned a few posts above, in order to avoid using any other randomizer online: it could be just the last numbers of the hash of the next block. And it is free.
By the way, the last digits of the hash are definitely completely random numbers.
I don't even remember how many years the lottery procedure has been used here in BTT. Often, BTT users use the 2-science number from the last digits of the hash when 100 people participate in the draw. A very convenient and fair method for drawing prizes. And just publicly confirm it to everyone.
I really like this version of the draw.
I didn't know that it was so broadly used here in Bitcointalk, but it is definitely a great idea and use of case, so you don't have to trust third parties, or audit them if they are open source. But it doesn't surprise me either, there are many creative minds in this community
Yes, using the blockchain, as said in the page 1, costs nothing and would be more appealing for crypto gamblers.
On the other hand, in order to get traction, you could hire a moderator's or well known and reputed user's signature, if any of them is interested.
What do you mean about having no cost? Every transaction specially on blockchain based games or type would really be normally having those fees within transfers.On the other hand, in order to get traction, you could hire a moderator's or well known and reputed user's signature, if any of them is interested.
I dont know on what you are saying in this regard considering that transactions couldnt push through if there would be no fees.
I mean to use it in order to select the winner of each raffle - as said in the first page of this thread and Blawpaw mentioned a few posts above, in order to avoid using any other randomizer online: it could be just the last numbers of the hash of the next block. And it is free.
I don't even remember how many years the lottery procedure has been used here in BTT. Often, BTT users use the 2-science number from the last digits of the hash when 100 people participate in the draw. A very convenient and fair method for drawing prizes. And just publicly confirm it to everyone.
I really like this version of the draw.
Yes, using the blockchain, as said in the page 1, costs nothing and would be more appealing for crypto gamblers.
On the other hand, in order to get traction, you could hire a moderator's or well known and reputed user's signature, if any of them is interested.
What do you mean about having no cost? Every transaction specially on blockchain based games or type would really be normally having those fees within transfers.On the other hand, in order to get traction, you could hire a moderator's or well known and reputed user's signature, if any of them is interested.
I dont know on what you are saying in this regard considering that transactions couldnt push through if there would be no fees.
I mean to use it in order to select the winner of each raffle - as said in the first page of this thread and Blawpaw mentioned a few posts above, in order to avoid using any other randomizer online: it could be just the last numbers of the hash of the next block. And it is free.
Yes, using the blockchain, as said in the page 1, costs nothing and would be more appealing for crypto gamblers.
On the other hand, in order to get traction, you could hire a moderator's or well known and reputed user's signature, if any of them is interested.
What do you mean about having no cost? Every transaction specially on blockchain based games or type would really be normally having those fees within transfers.On the other hand, in order to get traction, you could hire a moderator's or well known and reputed user's signature, if any of them is interested.
I dont know on what you are saying in this regard considering that transactions couldnt push through if there would be no fees.
Talking on other hand about that 30% deduction is really too much for server and maintenance fee.No one would really be interested on betting on this lottery
basing up that they could only get 60% of overall total price.
Just like the rest been saying that lottery or raffle ideas arent really that getting much attention or traction.
Yes, using the blockchain, as said in the page 1, costs nothing and would be more appealing for crypto gamblers.
On the other hand, in order to get traction, you could hire a moderator's or well known and reputed user's signature, if any of them is interested.
On the other hand, in order to get traction, you could hire a moderator's or well known and reputed user's signature, if any of them is interested.
Looks good. Its not that there's many people interested in raffles but I guess that as a business model it looks great.
I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
I would only add, as someone aleady pointed out, to use the blockchain to get to the winners. Instead of using some random software, you can use the BTC blockchain.
Good idea so that it will be transparent to all of those that are about to join. Everyone is free to see on how much is on the pool and how much one is expecting to have if ever they win.
At the same time, people will get to know on how much the house will take. But I think that there's a need to raise with the percent for the winner, it's like winner takes all right? However, 60% is kind of low, I guess.
At the same time, people will get to know on how much the house will take. But I think that there's a need to raise with the percent for the winner, it's like winner takes all right? However, 60% is kind of low, I guess.
We don't have a stand-alone or dedicated Crypto raffle site right now, they are usually play incorporated or included in casinos as of the game, but making it stand along and weekly I don't know if it will gain support especially if the winning percentage is very low, gamblers better off playing or betting on dice, crash and other luck based instant results, even in the lottery in our place you'll find the result hours after you made a bet.
Anything that's starting with a survey through the community is just trying to gain some information on how it should be and that's why they're trying to check the pulse of everyone.
It is a good strategy so that they know what they're entering and what's demanding to the people who can be their target market.
While Raffle event is exciting and I must admit I love joining this , but in gambling site? in this kind of event online? maybe you may be hard to find more participants because instead of raffle we will be loving to play directly with our bets meaning those game with instant result , because of we will be needing to wait then sports betting is our best option.
this is just my Opinion though most of my friends have same stand like me.
but hoping to see best result in your plans mate , lets see what comes out soon
Im not expecting something positive when it comes to lottery.Its true that we dont really like to wait up for our bets for too long unless if you've been dealing with sports bettingthis is just my Opinion though most of my friends have same stand like me.
but hoping to see best result in your plans mate , lets see what comes out soon
but we know that its really totally different since we could really see that dealing with sports is something interesting rather than on seeing that boring number drawing on a lottery.
We've seen lots of sites trying out to emphasis and launching out lotteries but ending up on closing because of lacking of interest which is really not something new.
The idea or concept is really just basic and there's no interesting or exciting about it because you do need to wait up for a particular time.
maybe something like betting is what gamblers do but we have our own interest and ways to find luck and chances.
so let it be there for those who wanted to become instant millionaire and those who wanted short wins but daily basis.
Make it a smart contract with open source to verify the code so that it will be a unique game that doesn't need an account or trust to the owner because everything is automated through the use of blockchain. So far I done see this kind of raffle style on crypto casino. The closest thing that I saw same kind of game like this was on cake but they are not open source and also not a casino. I think decentralized casino is perfect on this kind of game since you are collecting money from players for prize pool. It requires hogh level of trust for you to attract customers.
Good idea so that it will be transparent to all of those that are about to join. Everyone is free to see on how much is on the pool and how much one is expecting to have if ever they win.At the same time, people will get to know on how much the house will take. But I think that there's a need to raise with the percent for the winner, it's like winner takes all right? However, 60% is kind of low, I guess.
We don't have a stand-alone or dedicated Crypto raffle site right now, they are usually play incorporated or included in casinos as of the game, but making it stand along and weekly I don't know if it will gain support especially if the winning percentage is very low, gamblers better off playing or betting on dice, crash and other luck based instant results, even in the lottery in our place you'll find the result hours after you made a bet.
Make it a smart contract with open source to verify the code so that it will be a unique game that doesn't need an account or trust to the owner because everything is automated through the use of blockchain. So far I done see this kind of raffle style on crypto casino. The closest thing that I saw same kind of game like this was on cake but they are not open source and also not a casino. I think decentralized casino is perfect on this kind of game since you are collecting money from players for prize pool. It requires hogh level of trust for you to attract customers.
Good idea so that it will be transparent to all of those that are about to join. Everyone is free to see on how much is on the pool and how much one is expecting to have if ever they win.At the same time, people will get to know on how much the house will take. But I think that there's a need to raise with the percent for the winner, it's like winner takes all right? However, 60% is kind of low, I guess.
While Raffle event is exciting and I must admit I love joining this , but in gambling site? in this kind of event online? maybe you may be hard to find more participants because instead of raffle we will be loving to play directly with our bets meaning those game with instant result , because of we will be needing to wait then sports betting is our best option.
this is just my Opinion though most of my friends have same stand like me.
but hoping to see best result in your plans mate , lets see what comes out soon
Im not expecting something positive when it comes to lottery.Its true that we dont really like to wait up for our bets for too long unless if you've been dealing with sports bettingthis is just my Opinion though most of my friends have same stand like me.
but hoping to see best result in your plans mate , lets see what comes out soon
but we know that its really totally different since we could really see that dealing with sports is something interesting rather than on seeing that boring number drawing on a lottery.
We've seen lots of sites trying out to emphasis and launching out lotteries but ending up on closing because of lacking of interest which is really not something new.
The idea or concept is really just basic and there's no interesting or exciting about it because you do need to wait up for a particular time.
While Raffle event is exciting and I must admit I love joining this , but in gambling site? in this kind of event online? maybe you may be hard to find more participants because instead of raffle we will be loving to play directly with our bets meaning those game with instant result , because of we will be needing to wait then sports betting is our best option.
this is just my Opinion though most of my friends have same stand like me.
but hoping to see best result in your plans mate , lets see what comes out soon
this is just my Opinion though most of my friends have same stand like me.
but hoping to see best result in your plans mate , lets see what comes out soon
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
I like your idea of donating some of the money to a charity. We are living in very difficult times right now and if we have spare money for gambling it should be okay to give some of that money away. Taking 10% out of the winnings shouldn't be a big deal, we will happy enough to actually win and make a profit no matter what. Also 10% can lead to a decent amount when the raffle becomes big with many participants. What I don't like is that you want to use 30% for operating costs and advertising. That seems way too much in my opinion. Are there really so many costs involved in running a small raffle? I would rather have less advertising and pay more money back to the gamblers. There are already a lot of raffles out there and the best way to distinguish from the would be to have the lowest house edge or the best winning chances. Maybe start smaller to first get some customers and once there is enough demand you could still increase the whole operation.
30% off the top to pay for costs is a bit nuts IMO. Most gambling sites have games that are 1-5% house edge and that's their compensation for server costs advertising and whatever else may be needed. I think you need to come up with some capital before trying to take 30% from the pot. I also feel like lots have tried lotteries and raffle type ideas and have failed. Research the idea and see if its even worth the time.
Lots had tried but not ending up on getting 30% deduction for server cost,maintenance and other related to this which it is really just too much. You would really be getting 60% on overall total amount which i dont seefor people to get interested on this one.Yes, its true that there are lots who had tested out or tried about these lotteries and trying to be transparent as much as possible but still ending up on
failing.Why? It isnt really getting that much attention because people are really into gambling is way too impatient on waiting for each roll or draw to be make.
People does really have that interest on playing games which does give out instant results or outcome and not this lottery is included.
the sustainability is the usual dilemma on this project. it may attract players in the beginning but how do you sustain the interest of players? so for me, better abandon this idea. because it is not the first attempt to have someone get involve on this concept. the longevity is always in question here.
This is the primary problem on which this type of game/lottery would be launched out.Its true that you might able to get some users on first week but sustaining it or making them stay would
be the toughest challenge.Just like others been saying that interest is less because the outcome or result time duration is too long to wait.
Not like when you are playing dice or roulette which results are instant.
...
First of all, a very tedios way to hold a crypto raffle. Going to be hard to do so if you are going to do daily raffel draws. Secondly why would anyone want to play your crypto raffle game if there are already lot of casinos that offers raffle were you can buy tickets for even cheaper price. CryptoGames offer lotto were players receive 100% of their winnings. So 60% is far less what people will be receiving vs what they will be risking.That's what I thought at first too, now almost every casino has some kind of raffle, and if not regular/daily there are some promotional ones from time to time. And what can OP offer more interesting? It's certainly not the house edge he suggests, it is abnormally high. He probably didn't even think a little deeper about this idea, it's not that easy to make a good online casino that will attract players, especially since it's not possible to do it without initial capital.
As some others have mentioned, this is not the first time we see a similar idea. I don't remember that one of them lasted a little longer.
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
First of all, a very tedios way to hold a crypto raffle. Going to be hard to do so if you are going to do daily raffel draws. Secondly why would anyone want to play your crypto raffle game if there are already lot of casinos that offers raffle were you can buy tickets for even cheaper price. CryptoGames offer lotto were players receive 100% of their winnings. So 60% is far less what people will be receiving vs what they will be risking. To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
30% off the top to pay for costs is a bit nuts IMO. Most gambling sites have games that are 1-5% house edge and that's their compensation for server costs advertising and whatever else may be needed. I think you need to come up with some capital before trying to take 30% from the pot. I also feel like lots have tried lotteries and raffle type ideas and have failed. Research the idea and see if its even worth the time.
Lots had tried but not ending up on getting 30% deduction for server cost,maintenance and other related to this which it is really just too much. You would really be getting 60% on overall total amount which i dont seefor people to get interested on this one.Yes, its true that there are lots who had tested out or tried about these lotteries and trying to be transparent as much as possible but still ending up on
failing.Why? It isnt really getting that much attention because people are really into gambling is way too impatient on waiting for each roll or draw to be make.
People does really have that interest on playing games which does give out instant results or outcome and not this lottery is included.
the sustainability is the usual dilemma on this project. it may attract players in the beginning but how do you sustain the interest of players? so for me, better abandon this idea. because it is not the first attempt to have someone get involve on this concept. the longevity is always in question here.
People would like to buy a ticket if they wanted to chance to win $10k the next 12 hours or less. And I doubt you will manage to sell 10,000 tickets so fast.
That's too much numbers to imagine
, I even doubt that he will able to sell hundred tickets in few days. Even if he does not take any fee from the pool, this kind of raffle/lottery game is not attractive and it will be very hard to survive. Raffle that will be drawn after all tickets are sold can be called as a waiting game, it can be a very long game especially if there is no expiration time of each round. If there is an expiration time, lets say 24 hours, high likely the draw will not happen as the tickets are not all sold unless the raffle is limited with few tickets only for the draw. Looking for an update by the OP too if the OP still wanted to continue this kind of game.
could really afford nor have the patience on waiting up for some time before they could know the result of the game or draw.Its true that if we do look around
then there's no much sites that been offering lottery games.There might be some who do offer but as you can see that there are no players or bettors
would be playing on that game which does prove out that interest isnt really that high or zero at all.
People would like to buy a ticket if they wanted to chance to win $10k the next 12 hours or less. And I doubt you will manage to sell 10,000 tickets so fast.
That's too much numbers to imagine
, I even doubt that he will able to sell hundred tickets in few days. Even if he does not take any fee from the pool, this kind of raffle/lottery game is not attractive and it will be very hard to survive. Raffle that will be drawn after all tickets are sold can be called as a waiting game, it can be a very long game especially if there is no expiration time of each round. If there is an expiration time, lets say 24 hours, high likely the draw will not happen as the tickets are not all sold unless the raffle is limited with few tickets only for the draw. Looking for an update by the OP too if the OP still wanted to continue this kind of game.
30% off the top to pay for costs is a bit nuts IMO. Most gambling sites have games that are 1-5% house edge and that's their compensation for server costs advertising and whatever else may be needed. I think you need to come up with some capital before trying to take 30% from the pot. I also feel like lots have tried lotteries and raffle type ideas and have failed. Research the idea and see if its even worth the time.
Lots had tried but not ending up on getting 30% deduction for server cost,maintenance and other related to this which it is really just too much. You would really be getting 60% on overall total amount which i dont seefor people to get interested on this one.Yes, its true that there are lots who had tested out or tried about these lotteries and trying to be transparent as much as possible but still ending up on
failing.Why? It isnt really getting that much attention because people are really into gambling is way too impatient on waiting for each roll or draw to be make.
People does really have that interest on playing games which does give out instant results or outcome and not this lottery is included.
People would like to buy a ticket if they wanted to chance to win $10k the next 12 hours or less. And I doubt you will manage to sell 10,000 tickets so fast.
That's too much numbers to imagine
, I even doubt that he will able to sell hundred tickets in few days. Even if he does not take any fee from the pool, this kind of raffle/lottery game is not attractive and it will be very hard to survive.Exactly, people won't buy a ticket and wait for hours only for a chance to win a couple of hundred of dollars. It would be better for anyone wanting to participate to go for a lottery ticket: the price is way bigger and the times are reasonable.
Still, I would like to know whether OP will proceed with his enterprise in spite of our feedback.
People would like to buy a ticket if they wanted to chance to win $10k the next 12 hours or less. And I doubt you will manage to sell 10,000 tickets so fast.
That's too much numbers to imagine
, I even doubt that he will able to sell hundred tickets in few days. Even if he does not take any fee from the pool, this kind of raffle/lottery game is not attractive and it will be very hard to survive. Raffle that will be drawn after all tickets are sold can be called as a waiting game, it can be a very long game especially if there is no expiration time of each round. If there is an expiration time, lets say 24 hours, high likely the draw will not happen as the tickets are not all sold unless the raffle is limited with few tickets only for the draw. 
Do you not think it is too high a cost you are trying to take where all the reputed gambling site is taking too much lower fees than you? If a reputed site takes a lower fee and you as a newbie demand a higher fee then why gamblers will be interested in you instead of a reputed gambling site?
Because he's doing charity, like SBF
We can donate 10% of all tickets sales to a crypto foundation of our players selection
Jokes aside, if OP takes even 15% from his planned 30, nobody is going to send money to him. You can test that out if you want OP. go to children at the playground, pick 3 kids and tell them that if each of them gives you $1 you'll pick a winner and give him $2 and they'll see right through you. They'll ask what will happen to that $1 that they give you.
It's funny but this is how most charity funds operate. They sometimes take more than 50% of all raised funds for themselves as "operational costs".
This idea will not take off I myself never participated in a weekly lottery and the 30% operational cost is just too high since the majority of the members here and I'm sure outside of this forum will have a second thoughts about betting, this is a specific niche so don't expect that it will get the support of the majority.
I know OP wants to offer something to the community because gamblers are always looking for something that will excite them but the lottery is not something that will generate support from the majority, maybe you can launch your own casino and just integrate this lottery, just don't make it stand alone, as it will not have a chance to stand.
Do you not think it is too high a cost you are trying to take where all the reputed gambling site is taking too much lower fees than you? If a reputed site takes a lower fee and you as a newbie demand a higher fee then why gamblers will be interested in you instead of a reputed gambling site?
Because he's doing charity, like SBF
We can donate 10% of all tickets sales to a crypto foundation of our players selection
Jokes aside, if OP takes even 15% from his planned 30, nobody is going to send money to him. You can test that out if you want OP. go to children at the playground, pick 3 kids and tell them that if each of them gives you $1 you'll pick a winner and give him $2 and they'll see right through you. They'll ask what will happen to that $1 that they give you.
It's funny but this is how most charity funds operate. They sometimes take more than 50% of all raised funds for themselves as "operational costs".
And the pity of people allows them to earn on sympathy for the poor, hungry and sick, who can get little from such a charitable fund.
I found a little flaw about the percentage of operation (5%) and the price of the tickets/participation (1$).
If you keep the entry price as low as 1$ then that means in order for you to accumulate enough money for people to be interested it could take way too many people and time, specially for you, since you are starting from the ground up with no reputation or advertisement.
People would like to buy a ticket if they wanted to chance to win $10k the next 12 hours or less. And I doubt you will manage to sell 10,000 tickets so fast.
Also means you will probably find problems to fund yourself: the 5% of few money is even fewer money. Keep these things in mind before investing your time and money in this project.
It's funny but this is how most charity funds operate. They sometimes take more than 50% of all raised funds for themselves as "operational costs".
It reminds me the documentary film on the infamous Bernie Madoff, he managed to scam charities for millions of dollars. It seemed weird to me at first, there is when I learned some big charities like to invest "their" money.
If you keep the entry price as low as 1$ then that means in order for you to accumulate enough money for people to be interested it could take way too many people and time, specially for you, since you are starting from the ground up with no reputation or advertisement.
People would like to buy a ticket if they wanted to chance to win $10k the next 12 hours or less. And I doubt you will manage to sell 10,000 tickets so fast.
Also means you will probably find problems to fund yourself: the 5% of few money is even fewer money. Keep these things in mind before investing your time and money in this project.
-snip-
...It's funny but this is how most charity funds operate. They sometimes take more than 50% of all raised funds for themselves as "operational costs".
It reminds me the documentary film on the infamous Bernie Madoff, he managed to scam charities for millions of dollars. It seemed weird to me at first, there is when I learned some big charities like to invest "their" money.
Do you not think it is too high a cost you are trying to take where all the reputed gambling site is taking too much lower fees than you? If a reputed site takes a lower fee and you as a newbie demand a higher fee then why gamblers will be interested in you instead of a reputed gambling site?
Because he's doing charity, like SBF
We can donate 10% of all tickets sales to a crypto foundation of our players selection
Jokes aside, if OP takes even 15% from his planned 30, nobody is going to send money to him. You can test that out if you want OP. go to children at the playground, pick 3 kids and tell them that if each of them gives you $1 you'll pick a winner and give him $2 and they'll see right through you. They'll ask what will happen to that $1 that they give you.
It's funny but this is how most charity funds operate. They sometimes take more than 50% of all raised funds for themselves as "operational costs".
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Do you not think it is too high a cost you are trying to take where all the reputed gambling site is taking too much lower fees than you? If a reputed site takes a lower fee and you as a newbie demand a higher fee then why gamblers will be interested in you instead of a reputed gambling site? To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
Let me know what you think
The above simply means that if you dont currently have the financial means, this will be very difficult for you to lift off the ground, because you will be needing a good and long term marketing to build and keep a good number of customer base, and this marketing have to start even before the game itself is open to the general public, else, on the launch day, weeks, and even months that follow, you might struggle to sell up to 100 tickets..
Its a good business though with some level of risk, but if you trust in your financial capability, you will succeed though it might take a bit of time.-
If a project has a lot of bad feedback and needs a lot of work and will not likely gain attention in a short period of time I suggest that you just abandon it, there are a lot of lottery-based games integrated into many casinos and some of them have instant results, like what the other is saying when it comes to luck based games many wants results right away, they only wait for results for sports betting but on luck based games like lottery its unlikely.
legendary
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Let me know what you think
The above simply means that if you dont currently have the financial means, this will be very difficult for you to lift off the ground, because you will be needing a good and long term marketing to build and keep a good number of customer base, and this marketing have to start even before the game itself is open to the general public, else, on the launch day, weeks, and even months that follow, you might struggle to sell up to 100 tickets..
Its a good business though with some level of risk, but if you trust in your financial capability, you will succeed though it might take a bit of time.-
To be honest, I'm pretty sure you will have a very few joiners on your lottery if you ever continue and launched it. People who knows crypto are not trusty enough to buy this type of crypto raffle. If you ever tried using pickerwheel to choose a winner, I'm sure people will laugh at your crypto raffle. There are many tutorials on how to make a probably fair raffle system and raffles or giveaways here are doing that. I've never seen anyone use pickerwheel to a crypto raffle, Only company parties are using it. I also think it is too early to think about the promotion since you are just starting to build your idea, 30% of the pot money for marketing and other stuffs is not right. People would just probably choose to play on an established lotto casino.
his players will pay for the marketing. that literally sucks. anyway its just his plans for now nothing is lost.
i think it will be fun to have a youtube channel for his raffle or just have a wheel of fortune type gambling to build trust to its audience. make it a fun game and he can ask donations from youtube live chat or twitch. he can develop his youtube channel too. that's a win-win.
Well, I don't see anything wrong with the raffles, but it's like you've already been told, how do you plan to do it if you need to have some profit? people for your lottery if it's almost not that attractive? Well I tell you from the point of view as a player, I would take advantage of each social network to promote something like this, and be able to have better control, the more people who enter the lottery game it is much less, I think that is one of the things that you take into account, the rest seems to me not bad, also if you see that you can establish a business model with that, then your time and work is good.
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
This kind of raffles are hard to get traction. People are more into Lotto and EuroMillions type of lotteries. In online, people wants quick result instead of waiting for x amount of time LOLJokes aside, say raffle slots for a hundred and the winner takes $60 is not that bad its 600% profit, but the main problem is if hundred users will be interested (excluding if its okay to have multiple slots per person) to bet even just a mere dollar.
Since you have other plan to create your own casino, better to focus on that one and leave the idea to create a raffle game aside. You can use the raffle as one of your promotion tools for your casino once it is alive. Raffle where players collect ticket by wagering is better and more attractive than a raffle where your players need to buy the tickets. As previously said by other members, raffle game is not attractive at all and it will just waste your time and money because the interest for such lottery/raffle game is so low in this crypto gambling industry.
^I have been here in the forum for how many years and honestly, those projects that the same on this path are usually failed in the end. Because people are not interested in the lottery because it is a boring game and you need to wait for how many hours for the result. Regarding fairness, using the BTC blockchain result is the best idea than live streaming, we need provable fairness that can be publicly seen. Using this method is the best idea but still, it is up to your decision. 
Ok thanks for the feedback well yeah i think we could lower instead of 30% change it to 5%
No offense but lowering your cut from 30% to 5% just like that makes me wonder if you are really ready to get into this business! You may need to hire someone with more experience in this field to help you and assist you along the way or at least during the first phases.Regarding the fairness of the game, you don't need to make live streaming. Provably fair algorithms and cryptography can do the job.
I'm putting this idea as neutral because I think it's a good idea to start but I feel that it wont get the publicity. Personally, I feel like raffles aren't your best bet. While you're right with there being very few competitors in the bitcoin lottery space, I feel like there's a lot of competition for people's attention. If you're going to do a raffle, I would suggest offering some sort of incentive or bonus for entering (like a chance to win more than the jackpot). My second suggestion is to lower the percentage you take from the pot. Also, expect it will take longer than you think to reach your goal; perhaps you should plan for that. Most importantly, though, I hope you realize just how much work and preparation goes into succeeding in a competitive field like this.
You can adjust the percentage depending on how much will be the pool collected on that raffle game. I think it's good to start with some dry run and like having people to have some incentives like having some free spins after joining that $1. Although it's kind of too much to ask but it's up to you, that's sort of idea is what I think because it should really take the attention of many for you to have that much expectation based on the percentage and cut that you've given as an example.
Since you have other plan to create your own casino, better to focus on that one and leave the idea to create a raffle game aside. You can use the raffle as one of your promotion tools for your casino once it is alive. Raffle where players collect ticket by wagering is better and more attractive than a raffle where your players need to buy the tickets. As previously said by other members, raffle game is not attractive at all and it will just waste your time and money because the interest for such lottery/raffle game is so low in this crypto gambling industry.
To be honest, I'm pretty sure you will have a very few joiners on your lottery if you ever continue and launched it. People who knows crypto are not trusty enough to buy this type of crypto raffle. If you ever tried using pickerwheel to choose a winner, I'm sure people will laugh at your crypto raffle. There are many tutorials on how to make a probably fair raffle system and raffles or giveaways here are doing that. I've never seen anyone use pickerwheel to a crypto raffle, Only company parties are using it. I also think it is too early to think about the promotion since you are just starting to build your idea, 30% of the pot money for marketing and other stuffs is not right. People would just probably choose to play on an established lotto casino.
his players will pay for the marketing. that literally sucks. anyway its just his plans for now nothing is lost.
i think it will be fun to have a youtube channel for his raffle or just have a wheel of fortune type gambling to build trust to its audience. make it a fun game and he can ask donations from youtube live chat or twitch. he can develop his youtube channel too. that's a win-win.
Ok thanks for the feedback well yeah i think we could lower instead of 30% change it to 5%
Considering that this is still a new project and probably limited in a budget, getting a 30% income to support the operation is not that bad and this is not pure gambling I guess since it's a raffle game which is purely depend on the luck of every participants. Just create a good plan and rules for this one, and make sure that the reward are very attractive. Anyway, doing live might be ok for now but if you still have other option to make this more fair then much better. Try also to ask for some help with the reputable user here and manage this project together, try to seek their professional opinion.
Thanks
To be honest, I'm pretty sure you will have a very few joiners on your lottery if you ever continue and launched it. People who knows crypto are not trusty enough to buy this type of crypto raffle. If you ever tried using pickerwheel to choose a winner, I'm sure people will laugh at your crypto raffle. There are many tutorials on how to make a probably fair raffle system and raffles or giveaways here are doing that. I've never seen anyone use pickerwheel to a crypto raffle, Only company parties are using it. I also think it is too early to think about the promotion since you are just starting to build your idea, 30% of the pot money for marketing and other stuffs is not right. People would just probably choose to play on an established lotto casino.
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Anyway, I do also think that the allocation is not clear enough; much better if you would make a breakdown to be more precised. It will help you as well on organizing this project of yours and other aspects of it.
Participants only get 60% and they give 30% for the casino marketing.
Is Jay Leno your host? Forchristsake! This raffle game hasn't started yet but has already attempted to squeeze from users.
Maybe you should have thought of the funds to build up your casino. So many have tried with huge funds but failed. They've tried campaigning too for a very minimum weekly pay but the competition is harsh.
Campaigning won't be a good idea if you will have a small fund that will circulate on the whole project. If it is a small one, and you are a solo player you can euther hire or make efforts to minimize the costings and to balance things out. Is Jay Leno your host? Forchristsake! This raffle game hasn't started yet but has already attempted to squeeze from users.
Maybe you should have thought of the funds to build up your casino. So many have tried with huge funds but failed. They've tried campaigning too for a very minimum weekly pay but the competition is harsh.
Participants only get 60% and they give 30% for the casino marketing.
Is Jay Leno your host? Forchristsake! This raffle game hasn't started yet but has already attempted to squeeze from users.
Maybe you should have thought of the funds to build up your casino. So many have tried with huge funds but failed. They've tried campaigning too for a very minimum weekly pay but the competition is harsh.
Is Jay Leno your host? Forchristsake! This raffle game hasn't started yet but has already attempted to squeeze from users.
Maybe you should have thought of the funds to build up your casino. So many have tried with huge funds but failed. They've tried campaigning too for a very minimum weekly pay but the competition is harsh.
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
That is not a provably fair way to make a giveaway because the image you are streaming could be a prerecorded video, or an edited video, so for me that method can be rigged.
I would suggest to use the data from a future block to make the giveaways, some weeks ago i posted the guide about how to make real provably fail giveaways, so take a look to it and i hope that information helps to make your game fair for all:
[How-To] Make a provably fair giveaway: https://bitcointalksearch.org/topic/--5416890
copper member
Activity: 2800
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Leading Crypto Sports Betting & Casino Platform
Lottery from scratch is the hardest thing to become successful because of competition and also you are using only the pot money for the prize which means it will be small because you are just a startup casino. Most of the DEX and DeFi has a built-in lottery games while casino has keno and live games that has lotto type categories that will be the toughest competitors to beat.
Do you have huge budget for the startup operation for a couple of months or you will just get it all from the pot on initial release of the game because players will usually don't buy startup casino with less competitive offers in terms of bonus and prize pool.
Do you have huge budget for the startup operation for a couple of months or you will just get it all from the pot on initial release of the game because players will usually don't buy startup casino with less competitive offers in terms of bonus and prize pool.
I'm no expert in this field, but don't you know that live streams can be pre-recorded and therefore faked?
Software like Open Broadcast Studio (OBS) can be used to such purpose. Do you remember all the scam Youtube "Bitcoin giveaway" channels with their fake pre-recorded livestreams?
I'm sorry to say this.
Your idea of an online lottery seems so generic that probably around 1000 people before you had come up with the same idea.
1.Sell 1 dollar tickets. Check.
2. Pick the lottery winner using random.org, pickerwheel, etc. Check.
3. Keep 10-20-30% of the ticket revenue for operational costs and profit. Check.
This business model simply doesn't work. So far I have never seen a truly successful online lottery. Good luck with this project.
Software like Open Broadcast Studio (OBS) can be used to such purpose. Do you remember all the scam Youtube "Bitcoin giveaway" channels with their fake pre-recorded livestreams?
I'm sorry to say this.
Your idea of an online lottery seems so generic that probably around 1000 people before you had come up with the same idea.
1.Sell 1 dollar tickets. Check.
2. Pick the lottery winner using random.org, pickerwheel, etc. Check.
3. Keep 10-20-30% of the ticket revenue for operational costs and profit. Check.
This business model simply doesn't work. So far I have never seen a truly successful online lottery. Good luck with this project.
Ok thanks for the feedback well yeah i think we could lower instead of 30% change it to 5%
Considering that this is still a new project and probably limited in a budget, getting a 30% income to support the operation is not that bad and this is not pure gambling I guess since it's a raffle game which is purely depend on the luck of every participants. Just create a good plan and rules for this one, and make sure that the reward are very attractive. Anyway, doing live might be ok for now but if you still have other option to make this more fair then much better. Try also to ask for some help with the reputable user here and manage this project together, try to seek their professional opinion.
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
It would be relevant if you had an account with more than 10 million followers on Twitter, for example, then it would attract attention, and so I think few people would be interested because of the small pool of prize money.
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
This kind of raffles are hard to get traction. People are more into Lotto and EuroMillions type of lotteries. In online, people wants quick result instead of waiting for x amount of time LOL
Ok thanks for the feedback well yeah i think we could lower instead of 30% change it to 5%
30% off the top to pay for costs is a bit nuts IMO. Most gambling sites have games that are 1-5% house edge and that's their compensation for server costs advertising and whatever else may be needed. I think you need to come up with some capital before trying to take 30% from the pot. I also feel like lots have tried lotteries and raffle type ideas and have failed. Research the idea and see if its even worth the time.
Yes, we contemplate profits in the 30% also thanks for the suggestion 
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
I guess you include profits there too, right? Or are you doing it for art's sake?
If you are planning to do a signature campaign, also make a good Ann thread on the forum and buy a copper membership. It's cheap and allows you to post images. Many times we see botched projects with a newbie account that don't post images and get nowhere on the forum.
As you can see, the gambling section is very busy, and the houses that advertise here move lots and lots of money.
Cool thanks i will check it
Why not just use the blockchain to decide the winner..
Check the collectables board, we use the hash from a future block to find a raffle winner
Check the collectables board, we use the hash from a future block to find a raffle winner
Hi i am thinking in developing a crypto raffle game
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
To make it fair i could do a live stream each week of the drawings and use a program like pickerwheel. com to pick the winner, each ticket is going to cost $1
We can donate 10% of all tickets sales to a crypto foundation of our players selection
60% of all tickets sales is going to the prize
and 30% for the operation cost, signature campaigns , affiliates , servers , ads etc
Let me know what you think
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