Topic: Play Simple FOMO Round 2 - Top entrant and last entrant now split the pot evenly (Read 590 times)

I apologize for bringing up such an old topic, but I really need to contact the owner of this address 0xc54100fc034d412c21ba92ccf2d916374ac22555. There is a very interesting proposal for him. Please write to me in a personal.

I completely agree with you. This site is not interesting at all and does not work well. Can it be made only for those who have nothing to compare it with

As a gambler I consider this type of lottery as part of my bucket list because all we know that lottery is a good and easy game and this kind of lottery has a great game mechanics and game offer. As per this site explanation this is like a part of lottery gaming history so it is like an old school gaming.

No round 3 is expected. My focus has switched to a new project called Simple Options.
You can check it out here:
https://bitcointalksearch.org/topic/--5202315

so , have you been able to profit ? will there be round 3?
I don't like this sort of games since the one with a larger stash usually has more chances to win
but at least it is something different and the more different games the merrier
consider a different marketing approach , investing 300-500$ into promotion through crypto networks ,banner networks and such could give your game the boost you need

He who plays last, usually has the most to play with. Whale (or dolphin) doesn't even need a bot. Look up my old lotto game where the prize did not play out the whole pot but only a large percentage of it, so it can fund the next round. That might be a model you want to sort of copy.

Simple FOMO Round 2 has ended!

The winner (0xbdc8542fe776f8712afc70b2bd147fdd0115ad54) has claimed a pot size of 6.57275 ETH. This person ended up being both the top entrant and the last player of the game.

Pot size is now greater than $1000 USD (5.869775 ETH) in final minutes

Less than 3 hours remains before Round 2 ends and gives out 3.3377 ETH

Its not really that sustainable for a site that wont profit out.People here do keep telling about using up your funds from your own pocket and giving out to players
at the end of the round.

You should plan first before launching a game/site that would be profitable rather than just act like a charity on giving 2 ETH on each round.

There probably won't be a third round unless I'm able to recoup the expenses from the first 2 rounds. I am working on a new project as well that should be of more interest to those in this community that will be announced soon.

If your round 2 will not be successful again, are you still going to proceed for the next round?
Or this will be your determining factor if you will continue or not?
Users here I believe are not fan of this kind of lottery game.
You need to find a more sustainable approach for your lottery business.

Less than 24 hours remains before Round 2 ends and gives out 2.45435 ETH

Round 1 was completed at a monetary loss. The fee generated was not sufficient to cover the initial pot amount. We will see what happens in Round 2.

thats very generous ! but may i ask regarding 1st round, did you get profit from it even if you supplied the initial pot size?
how are you going to make this as a long-running lottery if you always provide the initial pot size? at some point, you will not get enough players to cover your expenses. or are you just testing this game if it will be a hit?

Both initial pot sizes were directly from my pocket to spur interest in the game. Will see how the result of this game is whether to continue the rounds or not.

This is what im asking above which cant really verify if the winner is indeed a legit player or just simply part of the team itself playing the game.

One thing boggles my mind if the said pot is being sweep then its impossible for its owner to replenish those balances unless if the said amounts is being accumulated
by the bettors itself but basing on calculations it isnt exact.

Current Game Stats:
Current Pot Size: 2.351975 ETH (about $440.76 USD)
Total Entries: 41
Current Entry Price: 0.021 ETH - Price increases by 0.005 ETH every 10 entries
This game now rewards the person who enters the most and the last person to enter so there is an advantage to enter the lottery earlier when the cost is still low.

There are two winners. The person who enters last and the person who enters the most.


The game is ran by a publicly viewable smart contract on the Ethereum blockchain. The ETH is owned by the contract now and is distributed per the rules of the game. It is not up to me to determine where it goes. And because it is a smart contract that doesn't require personal information, it can't be determined if the winner of the previous game is a Bitcointalk user.

Are there now going to be two winners or just one winner? It seems the one who sent the most AND the one who sent the last will win.

Is he someone from this forum that won this pot? Can someone verify the winnings if he actually is in the forum and not just another addy of the OP? Thank you.



Also, with regard to round 2. You have initial pot size of 2 eth. What if you accumulated less than 2 eth from all the players, are you still going to give that amount to the winner?

Simple FOMO returns in a new round! The rules are slightly different than the previous round. The game is a game theory based lottery that rewards both the last person to enter the lottery and now the person with the most entries when the deadline expires. There will be 2 winners. Each time a person enters the game, the deadline is potentially extended based on how close that person is to the deadline. Also, as more people enter the pool, the cost to enter the game increases. For this round, it is advantageous to enter the game earlier as all entries are equal and earlier ones cost less.

The game itself is a smart contract that is ran on the Ethereum blockchain therefore it cannot be changed or manipulated by the creator of the contract. Any and all transactions to the contract are publicly viewable. There is no house advantage.

The initial pot size is 2 ETH.

The initial cost to enter is 0.001 ETH.

The initial deadline is Nov 16th, 2019 14:10:54 UTC.

Game Website:
https://happypsyduck.github.io/simple-fomo/

GitHub Source:
https://github.com/happypsyduck/simple-fomo

Contract on Etherscan:
https://etherscan.io/address/0xa7565a3E2d0044b8BC887Bc6451f6e70ac551462

Well I suppose the point is to be the latest to enter as well - which is why prices increases fair enough. Higher risk at the end for the bigger possible reward.

Round 1 came to an end about 5 hours after the initial deadline.

Here is the game contract on Etherscan:
https://etherscan.io/address/0xa5a9B6a783D17C15822D3e70dbb1E59D736284eF

The game's original pot was 2 ETH and its original deadline was Nov 8th, 11:16:00 UTC. By the end of the game, the pot increased to 2.190125 ETH and the deadline was extended to Nov 8th, 15:14:55 UTC, which is about 5 hours extended from the initial deadline. The winning address: 0xc54100fc034d412c21ba92ccf2d916374ac22555 put about 0.096 ETH into the game throughout various entries to be eventually rewarded by a 2.094125 ETH profit. Initially this player had competition mostly from address: 0xB74D5f0a81Ce99aC1857133E489bC2b4954935fF, who almost won the pot earlier but another player entered in the last minute which prevented that. 0xB74D5f0a81Ce99aC1857133E489bC2b4954935fF then stopped participating the game.

After a few hours, no one else bid against the winner leaving that person holding the entire pot. Possible reasons for this could be that potential entrants have been burned by similar games in the past and decided to skip or that they felt they had no chance against a person potentially using a bot. Those who had entered only to be beat shortly after entering may have felt a sense of what is the point and decided to forego the next time. All in all, the winner of this game had more determination to win than others playing thus reaping the reward.

Based on the high interest, Round 2 is coming soon!


A link to FiatDex is listed at the bottom of the website.

Those who enter later in the game, indeed pay more to enter than those who enter earlier, this will become even more important for the next round, Round 2.

If you are trying to promote your FiatDex then its better to create a separate thread for that one and i dont see for it to be connected yet you said
that you are promoting Fiatdex via this simple FOMO game? It isnt even mentioned on the site.

Im quite hesitant for the recent winners address 0xc54100fc034d412c21ba92ccf2d916374ac22555. This is the hard part where people wont even know if this
wallet is just part or owned by you or not which do make some show off.

So its means that those who enter late will have to pay more to enter in this lottery ?
I have missed this one, is there any 2nd round of this lottery and If yes, When ?

Simple FOMO Round 1 has ended!

The winner (0xc54100fc034d412c21ba92ccf2d916374ac22555) has claimed a pot size of 2.190125 ETH. A more detailed analysis is to come.

I take it the current entry cost is 0.005 ETH? +0.5s on each new entry seems low to me, is this adjustable in the future?

Is there anyone of you try this ethereum based lottery? I visit the site but unforetunately I experienced some laggy I want to purchase ticket since I have an extra ethereum to my ethereum wallet since the price of ticket is too cheap that I can affortable to buy.

You need to view all transactions on etherscan, not just the most recent 25. Failed transactions do not count to the calculation. And remember it is 0.001, not 0.01.
Profit wasn't necessarily the main motivator for making this lottery. There is another product offered by me called FiatDex, which is an ETH to fiat swap process. This is a way to promote that.

It tried to count all the internal transactions which do shows only 15x 0.01 tx and then it goes 0.03 on next 5 tx which it supposed to complete that 25 right?
Im seeing those error transactions,do these things counted? Next question, how you would make profits if you do keep on refilling that 2 ETH after a draw had been made knowing that there only few bettors?

The initial cost was 0.001 ETH, the cost right now is 0.003 ETH, because for every 25 entries, the cost increases by 0.002 ETH. And yes the initial pot of 2 ETH came from my pocket.

I do have some questions - 0.01 is the price of each ticket.I have seen that it do have 15 0.01 then 5 0.03ETH and according to the rules
The initial cost to enter is 0.001 ETH. For every 25 entries, the cost increases by 0.002 ETH. What happen?
Also does that 2 ETH came from your own pockets?

Less than 1 hour remains before the last player wins 2.00585 ETH

Yeah, anyone can enter more than once. The game will end when the entries stop (which isn't an infinite time).

My bad. Anyway, just replace "self-destructed" contract with a "contract that causes error".

I don't understand how this work why is the pot meant for the last person and can an individual get in more than once. Also if the deadline is extended when a new person enter this means that the game is till infinity

Funding and starting a Round 2 depends on the interest level of Round 1, which is TBD. Since this game is ran by an anonymous smart contract, it is not possible to keep track of who is entering, the winner would have to volunteer that information.

Are you going to hold another round of lottery after this?
I want to see first how this round will go and see the actual winner.
And if possible, if he can confirm his winnings here in the forum.
So people will stop speculating that it may be one of your accounts or so.

42 Hours remain before the last player wins 2.0039 ETH

Ethereum allows transfers to selfdestructed contracts so even in that situation it shouldn't stop the game.


That would essentially move the deadline forward by a few seconds to which the bots would adjust by front-running and preventing all transactions immediately after it to fail. Even bots (which are designed by humans) have limits on what they would put in. In the case of bots competing against each other, it would be wise for the designers of the bots to implement such limits.

In is also possible that this game will not gain much interest and the person who put in 3 days ago will win it. I will write up a post game analysis once the game ends.

No, it's not about reentrancy.
Steps to attack:
1. addEntry()
2. changeContractFeeAddress(destroyed contract)
And now nobody can addEntry()
3. wait and claimLottery() to get whole balance

It is not really depending on the whales because even if you are a whale you have to be active all the time in order to win it, however bots would be a big trouble, I mean if someone cracks the API enough to bet whenever someone bets and has enough money to bet seconds after someone bets then they would have a high chance of winning the total prize and they would totally earn the prize.

Even with a lot of money and a great bot there could be small fish like us who could win depending on luck but that luck gets smaller when bots get involved. Maybe there could be some sort of time limit, like whenever someone bets there needs to be a 5-10 second window where it is not allowed to bet, if that person wins he wins it if not then anyone can bet on top of that, which stops the bots.

If you are referring to reentrancy attacks by external contract calls, Ethereum was updated in late 2016 to prevent "transfer" function from having enough gas to carry out such an attack.

Source is there for you to inspect.

So this one is legit or not? Anyway, I think this game is not that attractive for people here, actually its my first time to know that this kind of game exist and this is a FOMO game which FOMO is very popular in trading which I hate when I fall for the FOMO.

I think OP needs to build the site to look good, a newbie is not gonna earn reputation if you don't have enough budget to market your site.
0.001 eth is too affordable, but if the reputation of the site is not good, then I would pass.

Source code of smart contract is not designed properly.
Owner can take all the money bypassing the rules of game.

It will maybe be based on luck at the beginning since the pot will be low and there would be less participants however as the pot grows then the whales and bots won't easily give up their positions, why would they.

Its similiar to what happened with Bitcoin when it was created. You could get BTC for free back then just by visiting some faucets. There was a 1 BTC per day faucet back when BTC had no open market. So small people did get lucky if they got the free BTC and kept it till today. However today since BTC value is so high there is no free 1 BTC faucet. H

So if the pot grows very very large it will get very competitive and eventually only the whales could profit off this. I wish you best of luck, but I don't see this idea really being successful.

I'll try to answer everyones questions.


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.


As you see, the source code of the website itself is hosted on Github so it is all transparent.


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.


Anyone can participate.


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.

Honestly in my opinion this type of game would not be one I'd be playing and I'm sure this affirms with most players. The main reason being that one can't develop a strategy without being close to/ absolutely broke by the end of it trying to go in to ensure last placement in the game. I suppose if the timing was stochastic then some people would enjoy the thrill of it but not me. Anyways, I'm not saying the idea is completely rubbish but its worth assessing the market figures to see the numbers of your potential customers

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?.

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.

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.

So if ever, this would be a battle of the whales who have bots that can autobet?

I wonder if there would be players that would take this challenge versus bots or whales versus whales aiming for the jackpot prize.

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.

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.

A never ending game for sure with this kind of rule I have read up into their site.

•The initial extension time is 10 minutes. Each entry increases the extension time by 0.5 seconds.

Of course people will always aim for that last spot and adding up the duration as time progresses.

So the lottery cost increases as more people enter the pool. It is not based on a time element.

---

Simple FOMO - 118 Hours remain before the last player wins 2.0039 ETH

Never-ending lottery

I know a lottery-based number really had a low chance, however this lottery game also had a low chance too that's why went i play lottery i choice a lottery using a ticket instance a number. About your lottery you should not extend the deadline roll, went every time new user joined if you keep extended the deadline then the lottery will always get extended and never roll the lottery. Since the winner chosen by the last user who enters the lottery, some users can also use a bot every time an entry comes into the pools (Example like trading bots, went we put an order above him then the bot will change automatically above your order).

Firstly, crypto lotteries are not really a big thing when compared to their FIAT alternatives op. Secondly, you are simply providing a different version of a lottery(May or may not be a scam) where the odds of winning are drastically low.

On top of all this, how do you justify increasing the ticket price based on when the participant enters since the deadline continues extending indefinitely?

Meaning this lottery game is not intended for small players, because it will end in vain for them. And I'm also not sure, the whales will play games like this because they are not that stupid to play on a scheme like this. This game will continue without interruption and the time limit will continue to be extended, I'm not sure the whale will be willing to play that long.

I didn't look at the ETH smart contract or verify it, but I am sure you can easily hire some 3rd party developer who can do an audit. This isn't the issue.

The problem is that this type of game is mostly geared towards the one who has more money. Basically any large whale can code some bot which will keep sending money to the pot until they are the winner. Eventually all the little guys will run out of funds and only the richest whale will be left standing. Not really fair in my opinion. Its also not really considered gambling.

I think they got this idea from all those Youtube videos where you can keep a car if you are the last person sitting inside it after the other players get tired and exit. Don't remember the name but I think the channel was called "MrBeast" but they didn't risk anything except their time. This game is different.

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.

So, the games end with the last man entering the game and that last man gets the entire pot. This is a never ending game cause the deadline gets extended with the last man. Why would anyone play this game when no one know when this game ends. I am not sure if it falls under a Ponzi scheme. I think it would be right to call it a scam.

They will extend the deadline to get more money. Pretty simple! Are there still players willing to play in this kind of game? Just by looking at his website, I won't send any dime on my end. This is just money-grabbing scheme from naive users. Even a third grader can create that kind of game and maybe design a better UI.

I too had the same thinking, with this game if the expected slots hasn't reached by the scheduled time, surely the authority will try to extend the time provided. This will manipulate the winner according to the organizer. There can be Alternate plans, but all those need to be executed at the right time.

The game is an Ethereum smart contract. The rules of the game are found in the public source code of that contract. I have no control over the flow of funds in that contract. This is the benefit of using Ethereum smart contracts. The game cannot be modified by the creator.

You can view the contract source here:
https://etherscan.io/address/0xa5a9B6a783D17C15822D3e70dbb1E59D736284eF#code

It's a never ending game if you could alter the deadline due to more player is joining your game. I can sense that you have the control of who's the winner you wanted to win. It's just unfair to make something like this without a clear picture of who would be the winner because you can alter the result if you do so. Just think about it if you put a timer on when would you end it, do you think that more player will join before the deadline?

I will try to address each person's point in this response:


This is not a ponzi as only the last person to enter wins the pot. In ponzi schemes, the last person to enter is the loser as everyone who has entered before benefits from that last person.

The website was designed to be easy to understand. The contract can be publicly viewed by any person and the source code of the website is there for anyone to see.

If you check the contract that controls the rules of the game, I can't just bump the deadline. It requires an entry cost that is continuously increasing. Your chance of winning is hard to predict since there are so many unknowns.

Remember that with each entry close to the deadline, it pushes the deadline forward, so it is not so obvious who the winner of this game will be.

The contract listed on the website is the escrow, which is governed by the rules of the smart contract that is publicly viewable. Ethereum allows such functionality.

I bet ... someone will bot this. If legit. Publish an address secured by escrow and a fixed deadline based on block height, that would be more legit.

Obviously, you will be the last one who enters the game and win the whole people's money.

Classic!

This is like a Ponzi Scheme but only the top tier entity [that is you] will always win. Why would anybody keep on sending money when you can always bump the deadline once it's closer to finish? Pathetic Scam Attempt OP.

I've more chances of getting hit by a train inside my room than winning your lottery.

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.

An another FOMO3D ponzi like game that would never end since people would really tend or would strive hard to be placed on the last spot.

This kind of game and its popularity is long time gone and dont expect for people to join up the same thing all over.

Simple FOMO returns in a new round! The rules are slightly different than the previous round. The game is a game theory based lottery that rewards both the last person to enter the lottery and now the person with the most entries when the deadline expires. There will be 2 winners. Each time a person enters the game, the deadline is potentially extended based on how close that person is to the deadline. Also, as more people enter the pool, the cost to enter the game increases. For this round, it is advantageous to enter the game earlier as all entries are equal and earlier ones cost less.

The game itself is a smart contract that is ran on the Ethereum blockchain therefore it cannot be changed or manipulated by the creator of the contract. Any and all transactions to the contract are publicly viewable. There is no house advantage.

The initial pot size is 2 ETH.

The initial cost to enter is 0.001 ETH.

The initial deadline is Nov 16th, 2019 14:10:54 UTC.

Game Website:
https://happypsyduck.github.io/simple-fomo/

GitHub Source:
https://github.com/happypsyduck/simple-fomo

Contract on Etherscan:
https://etherscan.io/address/0xa7565a3E2d0044b8BC887Bc6451f6e70ac551462


Old Rounds:

---

Simple FOMO is a new game theory based lottery that rewards the last person to enter the lottery with the entire pot when the deadline expires. Each time a person enters the game, the deadline is potentially extended based on how close that person is to the deadline. Also, as more people enter the pool, the cost to enter the game increases.

The game itself is a smart contract that is ran on the Ethereum blockchain therefore it cannot be changed or manipulated by the creator of the contract. Any and all transactions to the contract are publicly viewable. The game rules are viewable in the source code. Check it out here:
https://etherscan.io/address/0xa5a9B6a783D17C15822D3e70dbb1E59D736284eF#code

The initial pot size is 2 ETH.

The initial cost to enter is 0.001 ETH.

The initial deadline is Nov 8th, 2019 11:16:00 UTC.

Game Website:
https://happypsyduck.github.io/simple-fomo/

GitHub Source:
https://github.com/happypsyduck/simple-fomo