Simplest bitcoin lottery, totally free, no registration required, real-time - page 3.

panjul07

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Quote from: alisafidel58 on April 08, 2019, 07:45:38 AM

Quote from: panjul07 on April 08, 2019, 05:42:53 AM

Quote from: alisafidel58 on April 08, 2019, 03:20:44 AM

not divide the pot into 3 winners (as for now based on the site).

Why it should not be divided into 3 winners? It is usual in any lottery sites to have more than 1 winner. More winners = more chance to win something back, that's the logic.

You have quoted my post but not everything. You clearly didn't understand what I just said. It would be best if there was a specific amount to be won just like in freebitco.in lottery.

Where is the logic in your post?

And you do not even understand how freebitcoin lotteries works. There is no specific amount to be won in freebitco.in as the prize is progressive depends on how many tickets are sold/earned.
Even worst, the lottery on this site works the same. The prize depends on how many satoshis sent to the pool. It shows that you dont understand about lottery at all.

xvids

sr. member

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Quote from: spadormie on April 07, 2019, 01:08:59 PM

Why is it that in your site, you have this phrase: "Again, this isn't real, we don't have a gaming license."

Care to explain?

And I think this looks like a faucet to me but with a simple twist of having a lottery.

Yeah it also reminds me of Freebitco.in .
And I also have a question to OP how can it be totally free?
And how much could we win?
I visited the website but there is no more info about the winning prize except that the 1st place would receive 80%

avikz

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Quote from: rewardu on April 07, 2019, 03:37:13 AM

https://mybitcoinlottery.com is in beta, looking to see how much interest is generated from this type of lottery:

Easy to play
Simple format
Totally free
No membership, registration or login required
Frequent drawings
Multiple chances to win
Results are published in real-time

We look forward to any feedback on how we can improve.

Your website isn't working in my mobile crome browser. While the home page is opening fine, as sion as I am trying to enter a lottery and clicking on Submit, it returns a server error. You may want to look at this!

nauane

full member

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Quote from: rewardu on April 07, 2019, 03:37:13 AM

https://mybitcoinlottery.com is in beta, looking to see how much interest is generated from this type of lottery:

Easy to play
Simple format
Totally free
No membership, registration or login required
Frequent drawings
Multiple chances to win
Results are published in real-time

We look forward to any feedback on how we can improve.

I am sorry to say that even spending about 15 mins on your lottery site, i am still unable to figure out how this lottery system works ?
As soon as 3 players deposits, we have a lottery result announced ? How can be it fair if a one person depoist more amount so he will automatically win ?

Also you need to add a help section on your site as nothing is clear on how to deposit etc. Huh

proTECH77

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Quote from: okala on April 08, 2019, 03:26:13 AM

How will your lottery site be fair when the player with the big bet amount have 100% assurance of winning and the one with a small amount have almost 0% winning assurance, what is you algorithm do you use in doing your lottery calculation?

This can't be called the simplest bitcoin lottery because of the chances of winning on the gambling platform. Although it inspire my humble self because it require no registration before play. Also, like the price distribution of the winnings, kudos to the team behind this project, wish you success.

alisafidel58

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Quote from: panjul07 on April 08, 2019, 05:42:53 AM

Quote from: alisafidel58 on April 08, 2019, 03:20:44 AM

not divide the pot into 3 winners (as for now based on the site).

Why it should not be divided into 3 winners? It is usual in any lottery sites to have more than 1 winner. More winners = more chance to win something back, that's the logic.

You have quoted my post but not everything. You clearly didn't understand what I just said. It would be best if there was a specific amount to be won just like in freebitco.in lottery.

Where is the logic in your post?

shield132

hero member

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Metawin.com - Truly the best casino ever

Lately someone here had an idea of 0% house edge dice and was asking for donation, now this one is asking for donation. OP better to set house edge over 0% to get some profit, no one will donate to casino/lottery and to my mind it's even unethical when casino/lottery asks for it.
Now what can we say about demand: I think it's very, very low because there were similar ideas with enough funds but non of them succeed, well, overally demand is very low and can say the same about trust.

Gozie51

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Vave.com - Crypto Casino

Quote from: okala on April 08, 2019, 03:26:13 AM

How will your lottery site be fair when the player with the big bet amount have 100% assurance of winning and the one with a small amount have almost 0% winning assurance, what is you algorithm do you use in doing your lottery calculation?

Funny but rightly asked question. I think with my common knowledge that the reason that big play gets 100% while small bet gets zero % is to prompt people to play bigger with the hope of getting better chance for good % when they win but, you don't get deceived to bet what amount you want to bet because, betting is always lucky game.

leea-1334

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Temporary forum vacation

Welcome to Bitcoin and welcome to gambling. You can see you found the right place for feedback but let me say something else here,,, lotteries will not work on this particular type of gamblers (crypto gamblers).

You can make lottery a section of a casino, or a part of the offering. This works very well in some sites like Freebitcoin, it adds an aspect of gambling. But standalone crypto lotteries have all been tried many times with no good success,,, mainly because people do not like waiting,,, and people do not believe in the provably fair,,, and people do not like high fees when the standard of crypto is 1% or below.

panjul07

legendary

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Quote from: alisafidel58 on April 08, 2019, 03:20:44 AM

I still don't understand how much I could actually win if I bet. There should be a specific amount that can be won by bettors

It is a lottery with no fixed amount of entry but limited to 3 entries/players per round, so there is no fixed amount that you can win but it is clear that the prize distribution is 80%-15%-5%

Quote from: alisafidel58 on April 08, 2019, 03:20:44 AM

not divide the pot into 3 winners (as for now based on the site).

Why it should not be divided into 3 winners? It is usual in any lottery sites to have more than 1 winner. More winners = more chance to win something back, that's the logic.

Quote from: okala on April 08, 2019, 03:26:13 AM

How will your lottery site be fair when the player with the big bet amount have 100% assurance of winning and the one with a small amount have almost 0% winning assurance, what is you algorithm do you use in doing your lottery calculation?

No one will have 100% winning chance in any lotteries unless he/she is the only one who spend some money on the pot.

Quote from: Baofeng on April 07, 2019, 05:56:25 AM

Provably fair? I guess not:

Quote

Probability of winning is based on how many Satoshi are bet by each Player.

How can it be random when when it's based on how much a player bet? Contradictory. Can you explain further?

All lotteries works like this, the higher you bet or the more tickets you have = higher chance for you to win the lottery. Probability of winning has nothing to do with provably fair IMO, the main problem is about how they will do the draw? Random provably fair system should be implemented to make it fair for all users.

Zadicar

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DGbet.fun - Crypto Sportsbook

Yeah, a simple lottery with a very simple website design too. I've seen this before but this thing would eventually fail for sure. Not to be soo negative but this would always be the destiny of these lottery kind of games.

hyunee

full member

Activity: 476

Merit: 100

Quote from: alisafidel58 on April 08, 2019, 03:20:44 AM

You will have a hard time making this lottery site of your to gain gamblers or bettors. I still don't understand how much I could actually win if I bet. There should be a specific amount that can be won by bettors and not divide the pot into 3 winners (as for now based on the site).

It's safe to say that this lottery is a beta so it will be a hard time for him finding gamblers. And that thing is pretty much a common thing to a starting business.

livingfree

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: alisafidel58 on April 08, 2019, 03:20:44 AM

You will have a hard time making this lottery site of your to gain gamblers or bettors. I still don't understand how much I could actually win if I bet. There should be a specific amount that can be won by bettors and not divide the pot into 3 winners (as for now based on the site).

Its okay if he's going to find it hard to make his lottery into fame. As he said, this is just a test and likely a survey on how gamblers are going to be interested with the lottery that he has created. OP is playing safe before running his own lottery business, he needs verification from the community and will base the result of it from the feedbacks that he will receive from the people who will try it out. I'll try it out OP and would probably give my opinion about your site.

okala

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How will your lottery site be fair when the player with the big bet amount have 100% assurance of winning and the one with a small amount have almost 0% winning assurance, what is you algorithm do you use in doing your lottery calculation?

alisafidel58

full member

Activity: 364

Merit: 127

You will have a hard time making this lottery site of your to gain gamblers or bettors. I still don't understand how much I could actually win if I bet. There should be a specific amount that can be won by bettors and not divide the pot into 3 winners (as for now based on the site).

Haunebu

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Ailmand on April 07, 2019, 06:23:07 PM

I see that the site is just like a test run or a concept for lottery. I guess this would be good if the lottery is provably fair. It might catch a lot of gamblers attention if you will be able to run the web site without problem, such as deposits and withdrawals.

I am afraid your suggestions won't be enough to help op out since the competition is intense and this website is basically a bad experiment at present.

I highly doubt that this website can become successful when there are way better legitimate alternatives out there in the crypto space.

Bitinity

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Quote from: rewardu on April 07, 2019, 03:37:13 AM

https://mybitcoinlottery.com is in beta, looking to see how much interest is generated from this type of lottery:

Firstly welcome to the gambling industry
Secondly, if you ask about how much the interest of such lottery game then I can say that the interest is not that much here. There are many other similar lotteries since few years ago but no one can survive due to lack of interest.
Third, your site is so simple which is good but also a bit not attractive to catch gambler's eyes.
Last but not least, Regarding the prize distribution of your lottery based on the Finished games. The total prize for 3 winners is exactly the same as the total prizepool. Does it mean that you do not take any fees when it will be live?

Ailmand

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Coindragon.com 30% Cash Back

I see that the site is just like a test run or a concept for lottery. I guess this would be good if the lottery is provably fair. It might catch a lot of gamblers attention if you will be able to run the web site without problem, such as deposits and withdrawals.

hyunee

full member

Activity: 476

Merit: 100

I'm looking forward to win in this bitcoin lottery thing. Since it's free and on beta more and more prizes waiting for us. I just visited the site and there is somebody with a 99% win rate.

Just tried to put some random inputs and it directed me to a lot of codes that are not clear to me. Probably, that's one of the things you need to fix. Try to add at least just a pop up message for that like, "invalid bitcoin address."

rewardu

newbie

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Quote from: ?? on ??

I tried your site, and i got this error message (tested with Tor Browser).

Quote from: rewardu on April 07, 2019, 11:58:15 AM

For example, if you bet 10,000 Satoshi and another player bets 1,000 Satoshi, you have 10 times the chance to win than the other player. The winning tickets are still picked at random so even though the other player has a much smaller chance of winning, they could still win while you might not.

I think his question is "How your random algorithm works"? Such as predefined entropy/random value and hash of all current game information (address, amount, tx hash, etc.)

Hi - thank you for your feedback. I will have to try the site with Tor Browser.

Since at the moment the site is only a proof of concept, I used a .net random number generator, that's it. There is no house, the players play with each other and not the house, but I would still need to make the randomness verifiable. I would generate a hash before the player submits the transaction, then verify the match after the transaction. I assume that would be a sufficient mechanism to satisfy the bitcoin lottery community?

Topic: Simplest bitcoin lottery, totally free, no registration required, real-time - page 3. (Read 602 times)