▓ YABTCL.com ▓ Instant Lotto with house edge varying from 0% - 1% - page 12.

Westphalian

newbie

Activity: 47

Merit: 0

Quote from: yabtcl on September 18, 2013, 09:16:01 PM

Quote from: Westphalian on September 18, 2013, 09:01:10 PM

I was refering to the statement "After you invest, you won't be able to divest it" on the investment page. This seems to conflict with the statement you made above "you don't need to wait to receive all your investment plus the 50% to cashout". Perhaps an example would help clarify this.

ok, let's suppose you are the only investor with 0.01 invested, this 0.01 is already in the 6-hits jackpot, so, you can't "divest" it. After you invested, someone bought a ticket for 0.01, you as investor will receive 2% of the ticket, so your account will be credited 0.0002 in the next top of the clock. This 0.0002 credited in you account you can cashout.

And now, clear?

Ah yes now it makes perfect sense.

001sonkit

hero member

Activity: 784

Merit: 1000

Casper - A failed entrepenuer who looks like Zhou

lordsonkit
1Bc1XEVSgrdoXksQ5RuMzNFb7GnSohZZjK

yabtcl

full member

Activity: 189

Merit: 103

Quote from: Westphalian on September 18, 2013, 09:01:10 PM

I was refering to the statement "After you invest, you won't be able to divest it" on the investment page. This seems to conflict with the statement you made above "you don't need to wait to receive all your investment plus the 50% to cashout". Perhaps an example would help clarify this.

ok, let's suppose you are the only investor with 0.01 invested, this 0.01 is already in the 6-hits jackpot, so, you can't "divest" it. After you invested, someone bought a ticket for 0.01, you as investor will receive 2% of the ticket, so your account will be credited 0.0002 in the next top of the clock. This 0.0002 credited in you account you can cashout.

And now, clear?

yabtcl

full member

Activity: 189

Merit: 103

Quote from: durrrr on September 18, 2013, 08:54:09 PM

durrrr

1EvPpfRrc1K7yPxXP2WxCarTpN6eFxCY5a

thanks in advance

Quote from: ?? on ??

Sounds interesting

username: adamintx
temp deposit address: 14Hsg9uT5fUBX6JwQpGHJQv1tuytAHoWr8

Thanks!

Quote from: johnmatrix on September 19, 2013, 01:24:44 AM

my address: 1Agq5y1TLLpjitUhR1gQep5mLizwsHH5DN

temporary address: 14tDCd1Lvd3ydBXYtk6wseyh1j6K1bLmk6

thx

Credited,

Good luck

Westphalian

newbie

Activity: 47

Merit: 0

Quote from: yabtcl on September 18, 2013, 08:49:51 PM

Quote from: Westphalian on September 18, 2013, 08:44:55 PM

Quote from: yabtcl on September 18, 2013, 08:27:28 PM

the time it will take will depend on the tickets volume and also how much are the total invest by all users, so we can't guarantee the time. But you don't need to wait to receive all your investment plus the 50% to cashout, everytime a ticket is bought the profit will be devided by the house and the investors, and your account will be credited every top of the clock.

is it clear?

I think it's clear. The time it will take is indefinite and during that time you cannot divest, right?

yes, but you will receive income in your account hourly as far as that are tickets bought in that hour.

I was refering to the statement "After you invest, you won't be able to divest it" on the investment page. This seems to conflict with the statement you made above "you don't need to wait to receive all your investment plus the 50% to cashout". Perhaps an example would help clarify this.

durrrr

sr. member

Activity: 434

Merit: 251

durrrr

1EvPpfRrc1K7yPxXP2WxCarTpN6eFxCY5a

thanks in advance

yabtcl

full member

Activity: 189

Merit: 103

Quote from: Westphalian on September 18, 2013, 08:44:55 PM

Quote from: yabtcl on September 18, 2013, 08:27:28 PM

the time it will take will depend on the tickets volume and also how much are the total invest by all users, so we can't guarantee the time. But you don't need to wait to receive all your investment plus the 50% to cashout, everytime a ticket is bought the profit will be devided by the house and the investors, and your account will be credited every top of the clock.

is it clear?

I think it's clear. The time it will take is indefinite and during that time you cannot divest, right?

yes, but you will receive income in your account hourly since that there are tickets bought in that hour.

Westphalian

newbie

Activity: 47

Merit: 0

Quote from: yabtcl on September 18, 2013, 08:27:28 PM

Quote from: schucker on September 18, 2013, 07:50:29 PM

Approximately how long does it take to make %50 profit and cashout? Is it something like 1 year? A normal investment make about %10 per year so it takes about 4 years to make %50. But these are bitcoins so you can't know what will happen in that 4 years or even 1 year. And also as this is a new site, and not much trusted, we can't know what will happen to your site in 1 year. In my opinion you should lower the %50 if it approxiamately takes more than 3 months or so.

the time it will take will depend on the tickets volume and also how much are the total invest by all users, so we can't guarantee the time. But you don't need to wait to receive all your investment plus the 50% to cashout, everytime a ticket is bought the profit will be devided by the house and the investors, and your account will be credited every top of the clock.

is it clear?

I think it's clear. The time it will take is indefinite and during that time you cannot divest, right?

yabtcl

full member

Activity: 189

Merit: 103

Quote from: danyy on September 18, 2013, 08:11:38 PM

Hi i would like to test this

my username: danyy

my temporary address is: 1DywSN2rT8qiCUuLfb3sm2S3pibPopctJz

thankyou!!

Quote from: Westphalian on September 18, 2013, 08:27:27 PM

Thanks, signed up.

User: Westphalian

Temporary Address: 1MbiwAy9Zxm12gwM2oNCJ7Sc9PrwHj9N9j

Credited,

Good Luck

Quote from: jubjub on September 18, 2013, 07:52:00 PM

Username: jubjub
BTC: 1EDsaw9rmMPZ5nMgUe9t2P8tE8Put2VR4a

this isn't one of our address, are you sure you clicked on the "Deposit" link?

yabtcl

full member

Activity: 189

Merit: 103

Quote from: schucker on September 18, 2013, 07:50:29 PM

Approximately how long does it take to make %50 profit and cashout? Is it something like 1 year? A normal investment make about %10 per year so it takes about 4 years to make %50. But these are bitcoins so you can't know what will happen in that 4 years or even 1 year. And also as this is a new site, and not much trusted, we can't know what will happen to your site in 1 year. In my opinion you should lower the %50 if it approxiamately takes more than 3 months or so.

the time it will take will depend on the tickets volume and also how much are the total invest by all users, so we can't guarantee the time. But you don't need to wait to receive all your investment plus the 50% to cashout, everytime a ticket is bought the profit will be devided by the house and the investors, and your account will be credited every top of the clock.

is it clear?

Westphalian

newbie

Activity: 47

Merit: 0

Thanks, signed up.

User: Westphalian

Temporary Address: 1MbiwAy9Zxm12gwM2oNCJ7Sc9PrwHj9N9j

danyy

full member

Activity: 145

Merit: 100

Hi i would like to test this

my username: danyy

my temporary address is: 1DywSN2rT8qiCUuLfb3sm2S3pibPopctJz

thankyou!!

jubjub

full member

Activity: 156

Merit: 100

1EDsaw9rmMPZ5nMgUe9t2P8tE8Put2VR4a

Username: jubjub
BTC: 1EDsaw9rmMPZ5nMgUe9t2P8tE8Put2VR4a

schucker

newbie

Activity: 13

Merit: 0

Quote from: yabtcl on September 18, 2013, 06:56:42 PM

Quote from: inspiredinvestor on September 18, 2013, 06:33:18 PM

Hey Yabtcl, nice site.

looking into your lottery from investment piont of view now I have a question
under investment rules you have :
"After you invest, you won't be able to divest it"
does this mean once you invest you can't get it out? that is concerning, or is it for set period of time.

When you invest, your credits will go directly to the jackpot of 6 hits, this means that when a player buy a ticket he is expecting to won exactly what is informed in the 6-hits jackpot, and also pools can be configured to be activated after the 6-Hits jackpot reach a minimum amount. If you're able to divest, players with activated pools and players with tickets bought expecting the informed jackpot will be disappointed. This is why I'm not allowing "divestments". But, in our lottery the house and the investors don't take risks as for every ticket bought we take out 4% before redistributing the remaining into the jackpots. And you will receive all your investment plus 50% in the end.

If you have any concern about the way the investment is implemented, or any suggestion about it, don't hesitate to ask.

Best regards

Approximately how long does it take to make %50 profit and cashout? Is it something like 1 year? A normal investment make about %10 per year so it takes about 4 years to make %50. But these are bitcoins so you can't know what will happen in that 4 years or even 1 year. And also as this is a new site, and not much trusted, we can't know what will happen to your site in 1 year. In my opinion you should lower the %50 if it approxiamately takes more than 3 months or so.

yabtcl

full member

Activity: 189

Merit: 103

Quote from: schucker on September 18, 2013, 07:29:50 PM

user chucker
temporary deposit address 1Djcx8rxGHjzH4WgYBshnHk2ncP2XXVQ3t
Thanks in advance

credited,

good luck

Quote from: knowitnothing on September 18, 2013, 07:42:50 PM

Hey there, the investment idea looks pretty neat to me.

Now, I might be too tired, but I'm missing something that you might be able to clarify. Suppose a draw happens right now, considering the amount of tickets sold and all. What happens if someone is extremely luck and hits the 6 numbers and decides to not re-invest it ? Do you have another ~888 BTC to start a new game or is YABTCL gone for good ?

we don't have another 888 but we have another 700.

knowitnothing

sr. member

Activity: 294

Merit: 250

Hey there, the investment idea looks pretty neat to me.

Now, I might be too tired, but I'm missing something that you might be able to clarify. Suppose a draw happens right now, considering the amount of tickets sold and all. What happens if someone is extremely luck and hits the 6 numbers and decides to not re-invest it ? Do you have another ~888 BTC to start a new game or is YABTCL gone for good ?

schucker

newbie

Activity: 13

Merit: 0

user chucker
temporary deposit address 1Djcx8rxGHjzH4WgYBshnHk2ncP2XXVQ3t
Thanks in advance

yabtcl

full member

Activity: 189

Merit: 103

Quote from: bobbo13 on September 18, 2013, 06:32:01 PM

1Gshoia2RiiFNuMBeJCuF5UhfQUyKTzRjK

Credited

Good luck

Quote from: galbros on September 18, 2013, 06:43:00 PM

Thanks for the giveaway and good luck with the site!

User = wry.

Address = 1DpAPBgm6wf8nj8KdViK19JMBVUtpLWVLK

Some comments - the language for investing is unclear, I don't really understand what I am risking and what I am making. I'm not sure the tempo of the draws is going to be fast enough.

Good Luck!

Credited,

galbros,
read my previous post and see if it is clear to you my explanation. If it makes sense to you too, I will add that explanation to the invest page.

And good luck to you too

inspiredinvestor

hero member

Activity: 658

Merit: 500

Quote from: yabtcl on September 18, 2013, 06:56:42 PM

Quote from: inspiredinvestor on September 18, 2013, 06:33:18 PM

Hey Yabtcl, nice site.

looking into your lottery from investment piont of view now I have a question
under investment rules you have :
"After you invest, you won't be able to divest it"
does this mean once you invest you can't get it out? that is concerning, or is it for set period of time.

When you invest, your credits will go directly to the jackpot of 6 hits, this means that when a player buy a ticket he is expecting to won exactly what is informed in the 6-hits jackpot, and also pools can be configured to be activated after the 6-Hits jackpot reach a minimum amount. If you're able to divest, players with activated pools and players with tickets bought expecting the informed jackpot will be disappointed. This is why I'm not allowing "divestments". But, in our lottery the house and the investors don't take risks as for every ticket bought we take out 4% before redistributing the remaining into the jackpots. And you will receive all your investment plus 50% in the end.

If you have any concern about the way the investment is implemented, or any suggestion about it, don't hesitate to ask.

Best regards

yep makes sense! I'll give it a go.

yabtcl

full member

Activity: 189

Merit: 103

Quote from: inspiredinvestor on September 18, 2013, 06:33:18 PM

Hey Yabtcl, nice site.

looking into your lottery from investment piont of view now I have a question
under investment rules you have :
"After you invest, you won't be able to divest it"
does this mean once you invest you can't get it out? that is concerning, or is it for set period of time.

When you invest, your credits will go directly to the jackpot of 6 hits, this means that when a player buy a ticket he is expecting to won exactly what is informed in the 6-hits jackpot, and also pools can be configured to be activated after the 6-Hits jackpot reach a minimum amount. If you're able to divest, players with activated pools and players with tickets bought expecting the informed jackpot will be disappointed. This is why I'm not allowing "divestments". But, in our lottery the house and the investors don't take risks as for every ticket bought we take out 4% before redistributing the remaining into the jackpots. And you will receive all your investment plus 50% in the end.

If you have any concern about the way the investment is implemented, or any suggestion about it, don't hesitate to ask.

Best regards

Topic: ▓ YABTCL.com ▓ Instant Lotto with house edge varying from 0% - 1% - page 12. (Read 34734 times)