I'll try to answer everyones questions.
The whales who have bots will win then. It's now a battle of how much they are willing to put in, or how much the hot wallet of their bot has, as near the end, it will be one whale bot after another whale bot who fights to be the last player. You'll also see some bots doing multiple transactions one after the other just to try to be sure they are the last one in, as I'm guessing the winner is still determined by successful transactions included in the final block.
This is a game of psychology as well as luck. If whales don't participate or if they give up because they are not the last entry, a small person can definitely win. Likewise, if bots participate, they will usually have a limit of how much they would enter before deciding it is not worth it anymore thus allowing a small person to win. The winner of this game could be anyone. It all depends on the risk thresholds for individual players regardless of whether they are whales or not.
And because each entry close to the deadline extends it, it would not be possible to just keep putting transactions into the game until the deadline. You are right though, the last successful transaction will be the winner.
I wonder why people still post things like this even though it's definitely not legit. I don't think someone will play this game plus the site is poorly constructed and no other information shown in there so it's likely to be a ponzi scheme type of site just mentioned earlier.
Yeah true just looking at the website you could already tell that this is a not legit website. The website doesn't even have an account system that is connected to the software are they we're inviting users to participate with an initial cost of 0.002 ETH which is completely crazy. Yet they are assuring users using a etherscan source code in the etherscan website. Probably you would just end up losing the game the algorithms in a lottery game could easily be manipulated, I'm a programmer myself and I could easily do this is a probability winning game.
As you see, the source code of the website itself is hosted on Github so it is all transparent.
Op, please address the quoted point, because it seems accurate and disturbing. The idea of a game where the last person to enter wins does not seem bad, but all of these time extensions are making it confusing. Some people said that it's obviously a scam where you can be the last one to enter, stop the game and win everything, but if the stopping time is decided automatically, I suppose this is not the case. But what about people throwing in money multiple times using their bots? How would you deal with this issue? And also, why not simplify the game? For instance, make it a game where the last person is an n-th participant where n is a random number within a certain reasonable range (between 1 and 30, perhaps? You can reduce the prize, of course) and n cannot be viewed until the game is over but can be verified afterward. I am not good with the technicalities and perhaps this is a bad idea, but it's just a thought about improving the game.
The whales who have bots will win then. It's now a battle of how much they are willing to put in, or how much the hot wallet of their bot has, as near the end, it will be one whale bot after another whale bot who fights to be the last player. You'll also see some bots doing multiple transactions one after the other just to try to be sure they are the last one in, as I'm guessing the winner is still determined by successful transactions included in the final block.
What is tricky about random is that there is no random on the Ethereum blockchain. All random algorithms can be easily game due to how the seeds are derived.
This is a lottery game, someone will eventually win when no other person enters the game. When you play a normal lottery, your odds of winning are low but you don't call it a scam because you didn't win.
As expected. Now you have stated it yourself that this is a lottery. Who are the eligible to participate? (if legit). Can a small players can participate too?. I have a suggestion for the team that small players can participate too and have a chance to win this lottery game. What can you say about the 2.0039 Ether balance in the address?.
Anyone can participate.
Op, please address the quoted point, because it seems accurate and disturbing. The idea of a game where the last person to enter wins does not seem bad, but all of these time extensions are making it confusing. Some people said that it's obviously a scam where you can be the last one to enter, stop the game and win everything, but if the stopping time is decided automatically, I suppose this is not the case. But what about people throwing in money multiple times using their bots? How would you deal with this issue? And also, why not simplify the game? For instance, make it a game where the last person is an n-th participant where n is a random number within a certain reasonable range (between 1 and 30, perhaps? You can reduce the prize, of course) and n cannot be viewed until the game is over but can be verified afterward. I am not good with the technicalities and perhaps this is a bad idea, but it's just a thought about improving the game.
The whales who have bots will win then. It's now a battle of how much they are willing to put in, or how much the hot wallet of their bot has, as near the end, it will be one whale bot after another whale bot who fights to be the last player. You'll also see some bots doing multiple transactions one after the other just to try to be sure they are the last one in, as I'm guessing the winner is still determined by successful transactions included in the final block.
i dont think a lot of small time players will play on this site as the chance is very slim because of the questionable way of choosing the winner. and if the whales will come in, they will definitely find a way how to rekkt the game.
but looking at the contract address, i dont think he's getting a lot of players atm.
lets wait what this op has to say about Dabs' conclusion of how the game will choose its winner.
And the game may not get a lot of entries either because everyone thinks they are going to lose, so the person who put in 0.001 eth will end up winning 2 eth due to that universal sentiment.
