Yeah I was thinking the idea through. Some thoughts, not about the contracts bit.
Cost
0.1 might limit participants
0.01 if you get 10 times the people will be the same prize.
Community thoughts on this advised to be sought
Price guesses
The should probably a guess at fixed range instead of a set price say 3500 to 3549
Other thoughts
Allowing multiple entries would enable someone who wanted to bet 0.1 to have the same odds as in the higher roller version
Rules set and guidance notes
Need some rules and guidance around what if a blank space wins, how do you determine the winner and when etc.
Perhaps on a blank, it goes to the next highest entrant, that might encourage a few extra higher bets with a big "luck" range
I was only thinking escrow tbh, I don't know much about smart contract except my million nothing tokens on ether somewhere.
I also thought of the range but we are still thinking for best rules etc
I maybe would think closest to a price like for example I choose 7000 than between a determined number let us say 20 "still thinking what would be good" nobody can choose anything between 6980 and 7020 or so, maybe higher number?
cause of-course many chose later on because its not fun to get someone a dollar above your price, certainly not when there is some @stake from your own pocket.
and a blank never can win if the closest to it wins...
if 0.1 is to high then maybe 0.05 or so? cause the option to make a pool is still their and its the same thing ...
also I don't know is it best one player one guess or could we allow more guesses from a single person? its stays the same and its better for the price pool of-course ...
still everybody keep the idea's coming
THX and sure its a good idea from 600watt
also we can ask a good forum member to HOLD the send BTC, maybe for a game like this one will do it for free, cause its all that goes in goes to the winner
ranges seem a good idea.
how about $50 slots? if one wants to bet $6100 the bet would cover a range between 6100 and 6149.99
if winning/actual price is not covered by bet then the closest one wins. it is possible that the actual price will be right in the middle of two bets. then both bets win 50% of price.