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Topic: Would Anyone Be Interested in a Bitcoin Lottery? (Read 1356 times)

hero member
Activity: 602
Merit: 500
hyperboria - next internet
you can trust marco with your life  Roll Eyes

Ok, i will trust him with YOUR life. =)
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
Launched! Buy your 0.005BTC ticket now for your chance to win several prizes including a 3BTC jackpot!

https://bitcointalksearch.org/topic/the-bitmillions-lottery-911052
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
What should be the prize amounts for the following?

The prize pool would be funded by myself initially, not ticket buyers. Thus the price per ticket can be lower than 0.01BTC.

A winning prize occurs when you match:


hero member
Activity: 686
Merit: 500
What ticket price guys?
0.001 or 0.0001 would be good? That way people can buy several tickets without spending too much money.
The ticket price should be at least 0.01BTC so that we could at least reach 1BTC. I don't expect thousands to join this lottery so the ticket price should be kept above 0.01BTC.

I'd rather go for the 0.001 BTC ticket price. You could get a lot of people to buy tickets.

Most people wouldn't think twice about buying a ticket since it isn't a lot of money.

0.01 could be around two meals where I come from. I wouldn't really trade that for a very small chance at winning a lottery.
newbie
Activity: 42
Merit: 0
Played in Win88 Lottery before. Smiley
Played in Win88 Dice right now
hero member
Activity: 658
Merit: 500
Honestly I didn't like lotteries very much so I'm not interested in purchasing a ticket, but I think Bitcoin lotteries might be nice because it can be all based on blockchain, so to ensure fairness and validity.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
The prize pool would be funded by myself initially, not ticket buyers. Thus the price per ticket can be lower than 0.01BTC.

A winning prize occurs when you match:

full member
Activity: 196
Merit: 100
What ticket price guys?
0.001 or 0.0001 would be good? That way people can buy several tickets without spending too much money.
The ticket price should be at least 0.01BTC so that we could at least reach 1BTC. I don't expect thousands to join this lottery so the ticket price should be kept above 0.01BTC.
sr. member
Activity: 378
Merit: 250
What ticket price guys?
0.001 or 0.0001 would be good? That way people can buy several tickets without spending too much money.

0.005-0.01 sounds more reasonable in my opinion. You'll need tons of tickets to reach a 5 btc prizepot with tickets costing 0.0001 only
hero member
Activity: 490
Merit: 500
What ticket price guys?
0.001 or 0.0001 would be good? That way people can buy several tickets without spending too much money.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
What ticket price guys?
sr. member
Activity: 308
Merit: 250
I like lottery, but I don't like the idea.
I will be interested if your lottery just like sydneypools, singaporepools or hongkongpools, and we can bet in 2 and 3 digits.
full member
Activity: 140
Merit: 100
It would be interesting to say the least, yes. I would be too.
there are plenty of lotteries already why we need more if we dont play those?
sr. member
Activity: 249
Merit: 250
It would be interesting to say the least, yes. I would be too.
legendary
Activity: 1064
Merit: 1000
Much like euro-millions.com where users pay xBTC per box (5 numbers and 2 stars must be chosen). As many boxes can be purchased. Of course they will be purchased though the blockchain (embedded messages in TX IDs) to ensure validity and reliability.

Numbers range from 1-50 and stars from 1-9.

A draw occurs and tiers include:
5 Numbers and 2 Stars
2 Numbers and 0 Stars
(and all combinations between)

Each tier would payout differently (5 Numbers and 2 Stars being the jackpot).

The prize pool would likely be above 5BTC.

Thoughts?

im interested, lets try some luck in 2015

how about some pool about the ticket price?  Cheesy


EDIT : ticket price should be low enough to gather more partcipant lets say 0.005 - 0.02 / ticket
member
Activity: 70
Merit: 10
the idea and structure looks interesting but the problem is the fact that there were plenty of bitcoin lottery sites (and few threads in this section too in the past to manually do lotteries) and as far as I know those existing barely had any activity.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
What ticket price would you like to see?

You could win with as little as 2 matching numbers and 0 matching star numbers (users select 5 numbers and 2 star numbers per ticket bought).
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
Bitcoin Lottery? how much prize? and where we can submit ticket?

Total prize pool would be above 5btc most likely.
full member
Activity: 142
Merit: 100
Bitcoin Lottery? how much prize? and where we can submit ticket?
sr. member
Activity: 378
Merit: 250
how much will be the price of each ticket?
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