The better odds, the more players will be attracted, that is logical. The question is how you can build the platforme and ensure the best for players and that everything is legitimate and trustworthy.
New platforms appear all the time but only few manage to attract and keep the players for a longer time.
Topic: Poll about lottery game - page 3. (Read 497 times)
How about each ticket has an equal winning chance? So that if a player wants to increase his/her chances of winning, he/she will buy more tickets. It is going to be his/her option based on how much he/she really needs to win or how much he/she is willing to shell out for the game. As to the odds, isn't it just a jackpot, 1st prize, and so on?
What exactly do you mean by this? How would you do this?
...the winner will be decided by the players itself.
What exactly do you mean by this? How would you do this?
Probably the higher winning percentages... assuming they are cheaper(very unlikely), fool-proof and verifiable. But I guess those with higher percentages will be costlier than the lower ones... The low price alone of those with low winning % could attract more people if they are not aware of the low chances of winning.
The more entries allowed in the lottery the better because if there's only a few entries the prize pot would be less interesting. I also agree with stomachgrowls the number of tickets available should be increased because both sides benefit from it. The chances of winning is lowered but the participants get a bigger prize if there's more tickets and the site would get more profit as well.
The thing is we are building a platform with no house edge, the winner will be decided by the players itself. we just charge a transaction fee for being a middle man
Obviously the best odds will attract the most players.
But no one will play if the game isn't provably fair. What is your plan to show that?
But no one will play if the game isn't provably fair. What is your plan to show that?
This for building a small lottery game accepting bitcoin as a payment
It shouldnt be a static one, odds or winning chance should vary on how much ticket you have bought in just like on what most lottery sites do apply on.Take this as an example: https://crypto.games/lottery/bitcoin
Lastly, it doesnt have any house edge.
Hope you do get some idea on what i have shown.
This for building a small lottery game accepting bitcoin as a payment
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