This seems like a cool idea. Will definitely be trying my luck in the first drawing!!!
I really hope this catches on so the prize pool might grow some pretty big numbers.
Eventually it would be cool to see like over 1 btc in the pot.
Topic: SatoshiLottery.net|LiveStreamed Bitcoin Lottery| .01/ticket Jackpot฿0.6247 - page 5. (Read 4934 times)
June 15, 2013, 03:05:18 AM
June 15, 2013, 02:15:35 AM
I just updated to a different payment system. You can now enter a nickname/moniker into the name field of the payment pop-up. You can also set an email to be issued a receipt (all optional) If you don't care to be listed in the drawing as a name then the 8 digit reference code will be your identifier.
This doesn't matter either as all wins will be sent to the sending address. I should probably make sure that last bit is stated on the site.
Thanks for checking it out. We'll turn on the live stream for the very first drawing tonight at 9pm et.
Good luck!
This doesn't matter either as all wins will be sent to the sending address. I should probably make sure that last bit is stated on the site.
Thanks for checking it out. We'll turn on the live stream for the very first drawing tonight at 9pm et.
Good luck!
June 15, 2013, 12:55:57 AM
Nice idea, I'll test it.
June 15, 2013, 12:54:49 AM
You can buy as few or as many entries into the drawing as you like. There is no limit.
Thanks for checking it out!
Thanks for checking it out!
June 15, 2013, 12:42:55 AM
What is the maximum allowed bet ?
June 14, 2013, 11:26:57 PM
SatoshiLottery.net | The first ever live streaming Bitcoin Lottery and Raffle Website.
Drawings are held on Sunday, Tuesday, Wednesday, Friday, & Saturday nights @ 9pm ET.
Tickets for each drawing are 0.01, 0.1, & 1 BTC per entry and can be purchased on the "Tickets" page.
There is now a Members Chatroom. Claim your name and rep it in chat with the new "Raffle Ticket Naming System"
**Updates** (07/13/2013)
2 new lotteries have been added to the website.
A twice weekly BTC0.1 MEGALOTTO with a reduced amount of BANK tickets @ 10%.
(Every Tues & Fri 9pm ET) Tickets 0.1 each.
A weekly BTC1 ULTRALOTTO drawing with a GUARANTEED WINNER because there will be NO BANK tickets. (Every Sunday 9pm Et) Tickets BTC1 each. (payout is 90%)
The BANK ticket structure has been modified, as well...
When BANK wins, and the prize rolls over, the next drawing will see the ratio of BANK tickets reduced by 5% until after after a 3rd consecutive rollover. In the event BANK wins 3 consecutive drawings, the next (4th) drawing will be devoid of BANK tickets, GUARANTEEING A WINNER of a seemingly huge Jackpot.
**************************************************************************************
How It Works
Purchase the desired amount of entries on the "Tickets" page. Entries cost 0.01, 0.1, & 1 BTC each. There is no limit on entries, enter as many times as you like. After several confirmations you will see your ticket name and number of entries for that ticket on the Entry Board.
On the night of the drawing the stream will go live...
At this time all entries will be tallied. We then add 20%, 15%, 0% of the sum of all entries with what are called "Bank" tickets. (They rollover the pot to the next drawing. I'll explain in detail below) You will then be able to watch us place all of the tickets into a randomizer @random.org for shuffling and into the raffle software just before the drawing begins.
The Drawings:
The drawings are a "Last man standing" type of raffle. What this means is pretty self explanatory; tickets are drawn until there is only one remaining. This ticket will be the grand prize winner, which is 80% of the prize pool. (10% rolls over in the event of a Jackpot being hit by someone other than BANK)
SatoshiLottery gets 10% of the pot.
Bank Tickets:
Okay, so we there will 20% and 15% more tickets in the drawings now that the BANK tickets are in, but what is their purpose?,
If a "Bank" ticket ends up in the prize-winning spot, the full 90% prize will rollover to the next drawing. This will hopefully allow the pots to occasionally grow.
Furthermore, when BANK wins, and the prize rolls over, the next drawing will see the ratio of BANK tickets reduced by 5% until after after a 3rd consecutive rollover. In the event BANK wins 3 consecutive drawings, the next (4th) drawing will be devoid of BANK tickets, GUARANTEEING A WINNER of a seemingly huge Jackpot.
20% for the 0.01 SatoshiLotto (1/5 chance the pot rolls over)
(15% chance after first rollover)
(10% chance after 2 consecutive rollovers)
(Guaranteed a winner after 3 rollovers)
15% for the 0.1 MegaLotto (1/10 chance the pot rolls over)
(10% chance after first rollover)
(5% chance after 2 consecutive rollovers)
(Guaranteed a winner after 3 rollovers)
0 Bank tickets for the 1BTC UltraLotto (Guaranteed Winner) (no rollover / 90% payout)
Payouts:
You do not have to be present for the drawing to win. All wins will be sent to the winning ticket holder's sending address immediately after the drawing ends. (Be sure to include your wallet address or valid email in the payment form)
*************************************************************************************
SatoshiLottery/Mastodon
Drawings are held on Sunday, Tuesday, Wednesday, Friday, & Saturday nights @ 9pm ET.
Tickets for each drawing are 0.01, 0.1, & 1 BTC per entry and can be purchased on the "Tickets" page.
There is now a Members Chatroom. Claim your name and rep it in chat with the new "Raffle Ticket Naming System"
**Updates** (07/13/2013)
2 new lotteries have been added to the website.
A twice weekly BTC0.1 MEGALOTTO with a reduced amount of BANK tickets @ 10%.
(Every Tues & Fri 9pm ET) Tickets 0.1 each.
A weekly BTC1 ULTRALOTTO drawing with a GUARANTEED WINNER because there will be NO BANK tickets. (Every Sunday 9pm Et) Tickets BTC1 each. (payout is 90%)
The BANK ticket structure has been modified, as well...
When BANK wins, and the prize rolls over, the next drawing will see the ratio of BANK tickets reduced by 5% until after after a 3rd consecutive rollover. In the event BANK wins 3 consecutive drawings, the next (4th) drawing will be devoid of BANK tickets, GUARANTEEING A WINNER of a seemingly huge Jackpot.
**************************************************************************************
How It Works
Purchase the desired amount of entries on the "Tickets" page. Entries cost 0.01, 0.1, & 1 BTC each. There is no limit on entries, enter as many times as you like. After several confirmations you will see your ticket name and number of entries for that ticket on the Entry Board.
On the night of the drawing the stream will go live...
At this time all entries will be tallied. We then add 20%, 15%, 0% of the sum of all entries with what are called "Bank" tickets. (They rollover the pot to the next drawing. I'll explain in detail below) You will then be able to watch us place all of the tickets into a randomizer @random.org for shuffling and into the raffle software just before the drawing begins.
The Drawings:
The drawings are a "Last man standing" type of raffle. What this means is pretty self explanatory; tickets are drawn until there is only one remaining. This ticket will be the grand prize winner, which is 80% of the prize pool. (10% rolls over in the event of a Jackpot being hit by someone other than BANK)
SatoshiLottery gets 10% of the pot.
Bank Tickets:
Okay, so we there will 20% and 15% more tickets in the drawings now that the BANK tickets are in, but what is their purpose?,
If a "Bank" ticket ends up in the prize-winning spot, the full 90% prize will rollover to the next drawing. This will hopefully allow the pots to occasionally grow.
Furthermore, when BANK wins, and the prize rolls over, the next drawing will see the ratio of BANK tickets reduced by 5% until after after a 3rd consecutive rollover. In the event BANK wins 3 consecutive drawings, the next (4th) drawing will be devoid of BANK tickets, GUARANTEEING A WINNER of a seemingly huge Jackpot.
20% for the 0.01 SatoshiLotto (1/5 chance the pot rolls over)
(15% chance after first rollover)
(10% chance after 2 consecutive rollovers)
(Guaranteed a winner after 3 rollovers)
15% for the 0.1 MegaLotto (1/10 chance the pot rolls over)
(10% chance after first rollover)
(5% chance after 2 consecutive rollovers)
(Guaranteed a winner after 3 rollovers)
0 Bank tickets for the 1BTC UltraLotto (Guaranteed Winner) (no rollover / 90% payout)
Payouts:
You do not have to be present for the drawing to win. All wins will be sent to the winning ticket holder's sending address immediately after the drawing ends. (Be sure to include your wallet address or valid email in the payment form)
*************************************************************************************
SatoshiLottery/Mastodon
Jump to: