Author

Topic: Win 1 BTC for the cost of 0.02/entry! (Read 626 times)

legendary
Activity: 1246
Merit: 1010
April 12, 2012, 03:24:44 PM
#6
This is only a little worse then state-sponsored lotteries.  I just realized that not only do they pay out less then they take in but the ON TOP OF THAT the winners are TAXED at an extremely high %.  So the organizer's actual take is a lot higher then advertised.
hero member
Activity: 602
Merit: 502
April 12, 2012, 03:21:47 PM
#5
people could just play at bitlotto , you need more rep to get some people to join your lottery

i have seen couple other newbies doing the same thing as you
newbie
Activity: 42
Merit: 0
April 12, 2012, 02:54:02 PM
#4
50% is the fee.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
April 12, 2012, 12:49:49 PM
#3
Personally, I think 100% is going to him.  Undecided
hero member
Activity: 602
Merit: 502
April 12, 2012, 12:22:43 PM
#2
what about the other 50%, fee for you ?
newbie
Activity: 42
Merit: 0
April 11, 2012, 07:25:28 PM
#1
Hi guys!  In order to raise money, I figured I'd hold a contest.  The cost of each entry is 0.02 BTC to:
114pTruJim46K97ybwrM9Zqbh73hRhGLEe

Rules
1. Limit 10 entries per player.
2. Prize is 1 BTC (50% of the total amount!)
3. You MUST have an address visible in your post or signature!
4. You may allocate some entries to one address, and some to another.
5. 100 entries available!
6. Your entries will start with the earliest available number (e.g. If you are the first player and you purchase 10 entries, your numbers will be 1-10)
7. Winner is chosen when I get 100 entries.

So good luck!
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