Topic: ▓ YABTCL.com ▓ Instant Lotto with house edge varying from 0% - 1% - page 9. (Read 34723 times)

The investor's get 2% of each ticket sold (applied to your balance each hour on the hour)

So you'll receive your full BTC0.45 once they sell enough tickets to cover that. Of course that 2% is split proportionately between the investors based on how much they invested.

Right now you're free to withdraw your BTC0.00001231 or wait until they sell more tickets and you get more.

Note: This is only my understanding, I'm pretty sure it's right but if Yabtcl could confirm this it'd be helpful.

Confused again

Invested 0.3 BTC
I still have to receive: 0.44998769 BTC
Balance:0.00001231 BTC

When can I withdraw my invested BTC?

This is a better explanation thank you.  So basically, off the .01 I invested a couple of days ago I've made 213 satoshi.  When this amount hits .015 btc then I will automatically have been "divested."  Is this basically correct?  So, I cannot get my investment back UNTIL it's reached x1.5 of whatever I've invested.

Thanks and good luck with the site!

That's clear. I'd like to know when can I get back my money lend to YABTCL. Sooner or later everybody wants his/her money back, they wont lend toYABTCL at the end of  the time
So, my question is so simple like Miley Cyrus. Can I get back my money and withdraw after 6 of  6 draws, or not?

Let me try to explaing using another word: Lending.

Our investment system works like a lending system. When you lend money to someone, the person will use the money for some reason. In the case of YABTCL, The money will be used to fill the 6 hits jackpot to attract players to the lottery. As the players buy tickets, the house will take 4% of the tickets as profit and half of the profit will be used to pay the investors that lent money to the 6-hits jackpot. The house will pay the investors every top of the clock based on the amount of tickets bought on that hour.

Hope it helps. If not, don't hesitate to ask.

hmmm, didn't see how this can help, and based on the other post, it only confused the user.

it might make it it easier to see or visualize if when you enter the investment page if you have invested there is a tally
you have currently funded 0 of 6 draws (and then count up as each draw happen)

So, when 6 of 6 draws ended, I can divest, right?

it might make it it easier to see or visualize if when you enter the investment page if you have invested there is a tally
you have currently funded 0 of 6 draws (and then count up as each draw happen)

ok, I am starting to think that this sentence is not well written and maybe is scaring investors.

When you invest, the invested amount will go directly to the jackpot of 6 hits. And as 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.

You will receive income every top of the clock based on the amount of tickets bought on that hour.

But we are rethinking the way investments are made to see if you find a way to enable divestments.

I don't fully understand. "After you invest, you won't be able to divest it"
What do u mean? If I invest, when can I get back my money. If I never get back my money why should I invest???

Investment Rules:

Everytime the jackpot for 6 hits is lower than 10k BTC, the investment will be opened so we can always keep the jackpot for 6 hits with a minimum of 10k BTC. Here are the rules:
    - You can invest a minimum of 0.01;
    - The invested amount will go directly to the jackpot for 6 hits;
    - Half of the house profit will go to the investors. You will earn income until you profit 50% of your initial investment; For instance, if you invest 1 BTC you will earn 1.5 BTC as income, this means, your initial investment plus 50% profit.
    - After you invest, you won't be able to divest it. As 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.;
    - Unconfirmed Investments will be canceled after 6 hours without confirmation;
    - Profits will be credited in your account every top of the clock.

Hi,

Sorry but the promotion is over for now. if I make an exception to you, I will have to make for others.

Best Regards

Thanks for trying to explain.  I guess my confusion is this, how can investors lose?  Is the risk that on a six number draw where there isn't enough BTC in the pot so investor money is used that someone then wins the investors lose some/all of their funds?

Since i really could not figure out the play interface I went ahead and "invested" the btc you gave me back with you!  I'll track it and see how it goes.  Thanks again.