Bitcoin Forum

Economy => Gambling => Topic started by: PM Poker on February 08, 2016, 09:43:53 PM



Title: Seeking investors for traditional Lottery (Revised, Please Read)
Post by: PM Poker on February 08, 2016, 09:43:53 PM
Please read our posting on the Securities (https://bitcointalk.org/index.php?topic=1357813.new#new) thread.


Title: Re: Seeking investors to complete final stage of traditional Bitcoin Lottery
Post by: PM Poker on February 09, 2016, 04:06:08 AM
Please read our posting on the Securities (https://bitcointalk.org/index.php?topic=1357813.new#new) thread.
Updated Posting.


Title: Re: Seeking investors to complete final stage of traditional Bitcoin Lottery
Post by: Tavos on February 09, 2016, 04:11:03 AM
2750 Bitcoin... Wow that is a lot of bitcoin. Good luck getting investor, though why do you need that much money for a gambling game?


Title: Re: Seeking investors to complete final stage of traditional Bitcoin Lottery
Post by: Erza on February 09, 2016, 05:12:13 AM
2750 Bitcoin... Wow that is a lot of bitcoin. Good luck getting investor, though why do you need that much money for a gambling game?

For bankroll I dont think that is much though. Because you really need a lot of it to cover some loss when player suddenly have a big win. Couple of them have a big win and others is having small winning sure will lose many bankroll. If you dont have enough bankroll to support your site, I am sure it will be bankcrupt. It is just the same as doing martingale though, need more bankroll to cover some loss


Title: Re: Seeking investors to complete final stage of traditional Bitcoin Lottery
Post by: PM Poker on February 09, 2016, 01:09:55 PM
2750 Bitcoin... Wow that is a lot of bitcoin. Good luck getting investor, though why do you need that much money for a gambling game?

For bankroll I dont think that is much though. Because you really need a lot of it to cover some loss when player suddenly have a big win. Couple of them have a big win and others is having small winning sure will lose many bankroll. If you dont have enough bankroll to support your site, I am sure it will be bankcrupt. It is just the same as doing martingale though, need more bankroll to cover some loss

Actually we never have to worry about any size win, and we never have losses.

Our game is a traditional lottery (not a dice type game) with all payout based on pari-mutual prize pools, and our game is 100% provably fair.



Title: Seeking investors for final stage of traditional Lottery using Bitcoin UPDATED
Post by: PM Poker on February 12, 2016, 11:32:31 PM
We would like to modify our offer to reflect the risk factors involved.

We are able to insure the majority of the investment up to ($1,000,000 USD).  The BTC2000 will stay in a cold wallet, not to be used unless unforeseen circumstances occurred within the lottery game.  Should this happen, these funds would be replaced by the insurance company up to the agreed amount.

Because the BTC2000 has an infinitesimally small risk, we offer 5.0% ownership stake.  If you are interested in understand more why this portion of the investment is virtually risk free and terms and conditions, please email us for a copy of our NDA.



The other BTC750 does have higher risk factor, but the company itself is being used as collateral.  We have improved this offer to 20% ownership stake.  This portion of the investment will receive preferential treatment until initial investment is returned.  

Please email us for a copy of our NDA on either portion of the investments.  Please indicate which interests you more or both combined.

This is a great first step for the opportunity to become part ownership in online gaming.  Multiple investors are welcome.


This posting also updated Securities (https://bitcointalk.org/index.php?topic=1357813.new#new) thread.


Title: Re: Seeking investors to complete final stage of traditional Bitcoin Lottery
Post by: Erza on February 13, 2016, 03:19:15 AM
2750 Bitcoin... Wow that is a lot of bitcoin. Good luck getting investor, though why do you need that much money for a gambling game?

For bankroll I dont think that is much though. Because you really need a lot of it to cover some loss when player suddenly have a big win. Couple of them have a big win and others is having small winning sure will lose many bankroll. If you dont have enough bankroll to support your site, I am sure it will be bankcrupt. It is just the same as doing martingale though, need more bankroll to cover some loss

Actually we never have to worry about any size win, and we never have losses.

Our game is a traditional lottery (not a dice type game) with all payout based on pari-mutual prize pools, and our game is 100% provably fair.



You will have to paid a several coin to the winners too right because it is lottery game with may be some percentage back to the site. Btw how are we going to play traditional lottery? You need to buy some tickets too right? There is no explanation on how your game will be going so there is a less attraction from other people as I can say


Title: Re: Seeking investors to complete final stage of traditional Bitcoin Lottery
Post by: PM Poker on February 13, 2016, 04:40:27 AM
You will have to paid a several coin to the winners too right because it is lottery game with may be some percentage back to the site. Btw how are we going to play traditional lottery? You need to buy some tickets too right? There is no explanation on how your game will be going so there is a less attraction from other people as I can say

If I understand your post correctly.

We stated it is a traditional lottery game, and yes the customers would purchase tickets. 

Detail information on game play is not being released now, as others could copy our idea if they already have the funds.

If anyone is serious about investing, then we will explain how the game is played, and revenue estimates, but under our NDA.


Title: Re: Seeking investors for final stage of traditional Lottery using Bitcoin UPDATED
Post by: PM Poker on February 16, 2016, 07:55:55 PM
We are very determined to finish our traditional lottery games, which will be playable on any platform.  The amount we are seeking, BTC750, is substantial, but we can explain every single expense.
 
We have noticed other so-called “lotteries” popping up, but we can assure you that once we launch, ours will be the best legally operating lottery games available on-line.  In making this claim, we are again willing to offer the following:
 
  • As for collateral, our complete PM Poker Company is on the line, worth far more than BTC750.

  • Investor will receive 75% of gross revenue from ticket sales until BTC750 is repaid, regardless of ownership percentage.  Gross revenue is easily calculated from sales, which will be public knowledge at the time of each drawing.

  • We believe we can have your Return on Investment back within 18 months (from date of launch), along with a 20% ownership stake.  In the unlikely event that we are unable to fulfill this timeline, as a penalty to ourselves, we will increase the investor(s) ownership stake by 50%.

There has to be someone or a group that would like to be part of a legal online gaming site.
Please let us make this a reality.