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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?
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
you can trust marco with your life  Roll Eyes

Well thanks for the added responsibility Wink

Will answer all other queries as soon as I can, thanks for the interest!
legendary
Activity: 1722
Merit: 1014
I am also interested to try out bitcoins lottery game. 

How much btc to buy 1 ticket?
legendary
Activity: 1834
Merit: 1009
What your fee for running the lotto?

What the value of prizes?

What price to join?
full member
Activity: 210
Merit: 100
Need To Contact Me? Go To My Site!
You have my support macro!  Wink
legendary
Activity: 1512
Merit: 1000
The problem with BTC lotteries is they don't gain enough attention and when they do its generally at the beginning but die off shortly after. Too much effort is put in by the administrator/drawer and never much is put in. I wouldn't start it honestly.

That's true. Maybe mixing with some other more attractive forms of gambling could be a solution.
sr. member
Activity: 350
Merit: 250
The problem with BTC lotteries is they don't gain enough attention and when they do its generally at the beginning but die off shortly after. Too much effort is put in by the administrator/drawer and never much is put in. I wouldn't start it honestly.
legendary
Activity: 2198
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
I am interested if there are prizea for wins like 3+2 etc.
legendary
Activity: 840
Merit: 1000
i will be interested in it if it is hold by some reputated member and ticket is afforable
also it should be a fair deal, and we are ready to join
legendary
Activity: 1512
Merit: 1000
you can trust marco with your life  Roll Eyes

With my life, that's OK... but my BTC...   Cheesy
member
Activity: 112
Merit: 10
Im interested ...only if someone reputed handles it.!
sr. member
Activity: 470
Merit: 250
One positive of the National Lottery in the UK is the fact that profits go to charities and other things for the so called public good.

I know people often shout down centralisation here but if there was a board which managed the profits of such a lottery and used it for the perceived good of the Bitcoin community with the lottery ticket purchasers having a say in the spending of that BTC could make such an idea stand out and would be great publicity.
hero member
Activity: 602
Merit: 500
hyperboria - next internet
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?

And whta is the dofference from any ather bitcoin dice site or something?
legendary
Activity: 1512
Merit: 1000
I've never won on euro-millions, but interested. Maybe this one Smiley
newbie
Activity: 16
Merit: 0
No point to run a bitcoin lottery when you can just set your own ridiculous odds on any number of dice sites.
sr. member
Activity: 308
Merit: 250
I would probably do it with a trustworthy sort.  On a side note(i am sure you already have help or know how yourself)  I wouldn't mind helping designing the site, or something like that(For free, learning purposes)
hero member
Activity: 602
Merit: 500
you can trust marco with your life  Roll Eyes
member
Activity: 84
Merit: 10
There have already been a bunch of these around the forums.  Some are legit, most end up being scams.  So, you'll need to figure out how to "prove" to people it's fair.
well he has + trust so i think everyone would trust him
full member
Activity: 157
Merit: 100
There have already been a bunch of these around the forums.  Some are legit, most end up being scams.  So, you'll need to figure out how to "prove" to people it's fair.
hero member
Activity: 882
Merit: 595
i'm interested with this

but one quetion how much price for each ticket?
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
Read through the above and let me know your thoughts.

Draws would be fair (using random.org or even another reputable user, dooglus?, to draw the numbers and stars)
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
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?
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