Topic: RaffleBit.com --> High-paced bitcoin raffles for fun! - page 2. (Read 2750 times)

You can subvert it. I bet you could take thousands and thousands of dollars worth of BTC before anyone would suspect something was up with your picking method. The more popular it is, the easier it is to continue taking money without anyone suspecting anything. Everyone is anonymous. It's to be expected that the winners are unknown.

The raffle system would have to be modified pretty heavily. As I've designed it, the raffle is not able to be subverted in any way, and the games move so quickly that a scam-style RaffleBit would be nixed by the BTC community very quickly. Rounds are designed to sell out over the course of a few hours. If 2k people a day were paying attention, the system would get a bad reputation really quickly, and stop being used!

 

I'm not sure what post you are going to reply to so I'll ask it here too!
 
The key part was *grabbing one*. Until people can verify, no matter how random the data, you can grab whatever one you want until its good for you. I'm sure you are trying to run an honest game, but until that number is beyond your control and the method picking the winner, you could easily make yourself win and no one would suspect anything for a pretty long time.

http://www.RaffleBit.com: The premier high-paced Bitcoin raffle venue, designed to accommodate as much as 1,800BTC raffled off: in one day! By limiting the amount of tickets available in any given raffle, RaffleBit.com is able to ensure that the small buy-in players always have fair odds, while there are still plenty of raffles every day for the big fish to make stable returns. This means that all players have a fair shot at winning raffles, and earning substantial Bitcoin, no matter the size of your BTC wallet!

By keeping the total pot size relatively small, you won't have to wait for weeks on end just to see if you've won something. You also have better odds of winning, and are able to play as many times a day as you want.



--> Buy-in is 0.1BTC, payout is anywhere from 5 up to 25 BTC per raffle.

--> All tickets & payouts verified on blockexplorer as links directly from the raffle page

--> AJAX user interface for watching the raffle progress live

--> Automatic winner selection and payout

--> Integrated random.org random number generation

--> Jackpot progress display

--> Total tickets bought display

--> Live transaction feed


Our winners are selected by listening to the random electromagnetic signals generated by the earth's atmosphere, converting that radio noise into a string of numbers, and grabbing one. In a way, you could say that we don't pick the winners at all: it's aliens/God/the sun/a black hole/psychic willpower.
http://www.random.org/statistics/



The first step is helping me beta test the system. Just point your browser to http://www.RaffleBit.com and play some tiny raffles. For load testing purposes, the raffles are set at a 0.1BTC buy-in and a payout of .5-2.5BTC right now, so it'll be even more fast paced than normal.

TBD:
-Ticket crediting via total btc sent per raffle instead of total 0.1btc entries per raffle
-Scalable DB system to support the above