Topic: winner has been decided see other thread for results - page 6. (Read 32453 times)

read my previous post - I do not run any lottery site, I only answer this so that you don't slander others who do, as for the rest of your comments they are equally inaccurate & pathetic in their response

ps - fo

Since you brought it up why not compare the odds? I cannot tell you for sure which raffle had better odds but I can tell you for sure that the BFL raffle certainly did not have MUCH better odds.

Also my odds are very clear and concise, 1 Bitcoin = 1 in 300 Chance. The odds from that raffle ended up being very confusing and no one even knew what the odds were until the end of the raffle.

No disrespect to Matt, he did a really good job and had some very innovative ideas about the raffle (and gave me the idea for Coinraffle) it just did not pan out as good as he had hoped.


The 20% donation serves two purposes other than helping out the forum

It makes it less of an incentive for the raffle operator to cheat, which was a concern that was brought up on the BFL raffle thread (not that anyone accused Matt of cheating but it was pointed out how easy it would be to do so)

and its a Bonus for playing this raffle.

The bottom line is this, people are not playing the raffle just out of the desire to donate to the forum, your missing the point here of course that is a nice BONUS and its great to help out the forum but the reason people are playing is to WIN A 7970!

This raffle provides excellent odds - 1 in 300 to win a Saphire Radeon HD 7970, one of the best gaming and mining GPUs in the world.

This is the reason people are playing, and I am sorry I have to reiterate this but the rules and terms are out in the open for everyone to see, people want to take a risk for 1 Bitcoin to possibly turn that into a six hundred dollar video card, I am providing that chance and getting a nice payday because of it and be able to help out my favorite forum at the same time. ( say it with me now : Free Market )

Im going to say it again, and this is not to you grue its to anyone if you dont like it please just dont play. I am not deceiving anyone into playing this, they are adults making a decision to play and if you dont like it good, go make a better raffle.

No, not really, but i did remember the BFL raffle https://bitcointalksearch.org/topic/got-my-bfl-single-today-and-im-raffling-it-away-for-05btc-67937 had much better odds.

No, i was simply pointing out that gigavps' calculation was flawed. i know that 20% of this is going to the forum, but that is dwarfed by the 42% that is given to the operator. mathematically, it's obviously better to simply donate to the forum directly. even from a purely "for fun" perspective, you could gamble at other places that have much lower margins.

This is coming from someone who runs a lottery site, can some one say hater?



It is so incredibly lame that you are trolling this thread.

The Rules and Terms of the raffle are in black and white for all to see, no one is tricked into this. People have an option to play or not to play. This is A free market, people are buying this tickets and if you dont like it, oh well - why not go start your own raffle today? Do it better than me and for less money and prove that I am wrong.

Either put up or shut up because otherwise you just look like a troll coming in here complaining about something that you have nothing to do with, you want to tear it down for what? For me making money? Are you serious? Your preposterous acronyms make you look like a fool, it's Friday night go out and get laid or something man and leave me alone.

"Grue: Are you familiar with Raffles? This raffle rip off has the best biggest operator's odds rake offs of any I have ever seen"

FTFY    DMI

Even if its 1000 BTC - 0% Donation and took me 5 mins to set it up, I am completely in my rights to do this, there are no gimicks or tricks, If you dont agree with the Raffle dont participate, very simple. Two questions:

Grue: Are you familiar with Raffles? This raffle has the best odds of any I have ever seen

Also no disrespect but I have to ask, Do you really not have anything better to do than troll my raffle?


Its very simple for 1 Bitcoin you get a good chance to win a very high end graphics card and donate a little something to the forum at the same time. If you think I am doing something wrong go start your own raffle.

personally I'd prefer to buy 4 bets on the monthly BitLotto.com if win then get a higher % of the total staked & choose how I spend it & donate more to the forum, for comparison:

coinraffle:

donation = 20%
prize = 38%
rack rate (to the operator) = 42%
time limit = whenever
reliability = unproven & buggy

bitlotto

donation = x% (you choose)
prize = 99% - x%
rack rate (to the operator) = 1%
time limit = 1 month
reliability = proven to work, 1 year

an example from the last draw on 4/4

donation = 120 BTC (you choose)
prize = 280 BTC - 120 BTC = 160 BTC
rack rate (to the operator) = 2.8 BTC
so double the donation can be given while the winner still keeps 160 coins instead of just 112 worth
& the odds of winning per 1 coin bet are better than 1 in 300, they were 1 in 280

Bitcoin lottos & raffles than ape the real life stupid tax ones by raking off 62% of punter's money for good causes & operator profit (that's obviously never clearly stated upfront or ever) are just retarded imo, good luck selling those 300 'tard tickets bro

disclaimer: I have nothing what so ever to do with www.bitlotto.com - I just like to bet where the stupid tax is @ 1% & if I happen to win then I'll donate a % that I choose & to whom & when & buy what I wish with my winnings - if you reduced your operator's rake down to 1% then sure I would consider it but when you grab over twice what is donated to the good cause while pumping that it's all about the fab prize & charity then thanks but I'll pass for now

that's assuming that he'll never be able to use his scripts again, which is clearly not true. and 30 hours to setup a site (with bugs) is clearly an overestimate.

Did you get a blank receipt from bit-pay.com ?

It takes a while for the X to appear.  Check back in a while.

what do you do with everyones info you collect name and addresses and such?

and I bought a ticket.. no red X on my number.. and the receipt I got in email was blank..

In the Philippines is raffle very popular especially on a Cruise ship where the many crew are PH

I believe it looks like this

http://www.amazon.com/Sapphire-Radeon-PCI-Express-Graphics-21197-00-40G/dp/B006P88VO8/ref=sr_1_1?ie=UTF8&qid=1333721301&sr=8-1
$629 on Amazon

Not bad for a $5 Raffle Ticket

This is the nice, quiet 7970. Oh, nice.

Seriously, I have this one. It is quieter than even my Gigabyte 7970 with its custom cooler by a degree of 2, which in and of itself is supposed to be quieter than the reference ones.

{edit: looks like I was wrong. I was just judging from the box. rawr. Why would they re-use the same box art haha Oh Sapphire}

I bought one ticket to show the support. Really great idea!

Best regards,
Nejc

I have already answered this more than once, feel free to read my responses above

The raffle ends when all 300 tickets have been sold, but please do not let that bother you - I am dedicated to the success of this raffle, 300 tickets is nothing - I will do what it takes to push advertising and make this a success - tickets have been selling right along and will continue to do so, I have numerous advertising avenues including many which I own my self. My game plan is to stretch out advertising and not advertise in the same place all the time and keep the momentum going.

DO NOT WORRY I GOT THIS! SO RELAX MY BROTHER!

Most raffles have no where near as good odds as this one does, on top of that its a benefit raffle for our favorite forum. Its a WIN WIN.

So what (purely hypothetical) if you don't sell all the tickets anytime soon, would this raffle go on forever, or is there a 'hard-stop' to it?

thank you! Sales are continuing to come in - dont put this off too long my friends - get your ticket soon before they are gone, this is an awesome opportunity to get a Brand new Saphire Radeon HD 7970 for only 1 BTC

1 Bitcoin Gets you a 1 in 300 Chance
those are awesome odds!

Great idea Cable! I think you offering the raffle to others will do really well as a business.

for the record

We have sold 31 tickets in the first 24 hours and have not even begun to advertise

I would consider that a successful first day