The lottery can be called "prediction lottery", let's say there is a period of time, for example, 1 week, after that period 1 player will win the jackpot. Everybody can buy a ticket for a fixed price, for example, 0.001 BTC, instead of choosing some random numbers like in most lotteries, the player makes a prediction of how much the pot is going to be at the end of the period of time. The prediction that is most close to the jackpot value, wins the lottery. Because it is more difficult to predict the pot at the beginning of the round than at the last minute, we can introduce a more expensive price of the ticket for last-minute players.
What do you think? Would you like to play a lottery such as this? What improvements or variations do you suggest?
There are lots of flaws here.
Since you have control of the system, there is a possibility that you will join the last-minute prediction or makes some manipulations while the countdown is ticking. That type of game is also costly and more expensive while the probability of winning is low. Much better to play instead of 1-2% house edge casinos or bet on sports betting with an odds of 2 above.
BTC0.001 per ticks and it will cost more day by day. Even the price will start at
BTC0.0001 it's still expensive until the end. And what if no real players joined, devs can actually manipulate the stats here for people to think that many are putting their bets.
