Bitcoin Forum

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FAQ

What types of payment do you accept?

We only accept bitcoin.

Do I have a higher chance of winning if I send more bitcoin to the box address?

No, each box has to same probability of winning no matter how much money you send. One way to increase you chances of winning is to purchase multiple boxes.

When does the timer start?

The timer will start once there are at least 2 boxes bought (green).

What happens if my box is awaiting confirmation (orange) when the contest ends?

Your box will transfer over to the next contest.

How many confirmations does my payment need?

We only require 1 confirmation in order for your box to be included.

How much does each box cost?

Each box costs 0.001 BTC.

Are there any fees on the jackpot?

For the 1st week, there are 0 fees of any kind!

 

Neat idea. I like the site it is simple and clean. Nice white background. I think you need some graphics though.
I think this Ann should have a few graphics and what about you make a logo for yourself ? A logo could be good.

We have a new logo being made. We wanted it simple to use and simple to win. Its a very easy way to build up your BTC.

More details about it please, is it provably fair? If it is, how to verify?
If not all boxes are purchased,  how if the winning box is the one which is not purchased? will you draw till you get the winner?

Regarding Jackpot? What do you mean by jackpot? I dont see anything about jackpot, I think what you mean is the total pot of bought boxes.

Hey there!

Just to tell you that the idea is good for sure.
The design isn't perfect, it's very cheap but after all if the site is completely new it's rather normal, no problem with that.
But 20% House edge... Wow, that's a freaking high fee. Especially for a new site!
It's just that as you may know you are NOT the first one to create a jackpot kind of site but most of the other sites aren't taking so much, 20% is too much sorry.

Oh and saying it's provably fair isn't enough you got to prove it ^^

But congrats on finishing your site I hope you'll succeed :)

If some spots are'nt bought, is there a possibility that the selector will chose one of those as the winning spot? Also, you should probably add a chat to your site, it looks dead. I like the idea and the interface tho, the game interface is clean

Ahahahah xD
Well, I'm not the site creator so I won't answer but the answer should be obviously no.
Because if the script can select another spot then it's PLAIN AND PURE SCAM! Especially as the timer starts after 2 boxes were bought. That would mean that 98 other players have to enter the game (or at least that 98 other boxes have to be bought) in order to actually reach the 80% redistribution they're claiming (which is already not a really high redistribution).

I didn't even think about that but it should be stated in the OP to be clear you're right.

We only select from the boxes that are paid, so there is no possibility of the choosing an empty box. Also, thank you for the suggestion of implementing a chat, we will definitely work hard to do this.

Thank you for the kind wishes. We agree that the house edge is too high, which is why we decided to remove it completely for the first week. After that we will decide a fair amount to set it at so that everyone is happy!


And finally, to address the issue of provably fair. We have not implemented a feature for checking, but we will work hard to do this as soon as possible as well.

what is the system your site
roulete or lotto lotery, use probably fair or not
if placed bet minimum 100k satoshi, how much can get reward

We are a lottery site, your reward depends on how many other people enter. If 2 people enter, the jackpot is 0.002 btc. If all 100 enter, the jackpot will be 0.1 btc.

That's a smart thing to do! I'll try your site tomorrow then.

But just a little tip: you should buy a few boxes yourself.
Indeed to attract customers you have to put some coins that other players might have the chance to win! I don't want (and nobody wants) to have to send money and then hope for 6 hours that someone else will pay and then hope again that it hit my boxe.
Whereas if you buy for example 10 boxes yourself, then anyone who goes on the site will see what that they can win a 0.01 jackpot or even more if they bet here.

And on average it shouldn't cost you anything =)

That's a strange thing but very important. Provably fair is a bit a magical word. I never checked myself if a site was provably fair but I only play on site that say they are. The stupidity of people yeah xD

Okay! I will buy some boxes! Good luck to you  :P

My questions/concerns:

1. What is the system you are using to determine the winning box? You said you use random number generator - care to elaborate more: which one, how it works?
2. Even if you use reputable random number generator - but there is not way for players to check the process - whole idea of the game being presented as fair is lost.
3. Each box costs 0.001 BTC and the current jackpot is 0.001 while chances of winning are 1:100 - So with current jackpot there is literally zero incentive to play the game.

1. Currently, we are just randomly selecting a row from the database using the sql rand() function. We would like to implement a provably fair alternative in the near future.
3. The jackpot you see on the site goes up every time a user purchases a box. That is not the final amount.

If you are selecting in this way it can't be said as provably fair method because players can't verify that you have picked winner by this method. Also you are selecting 1 winner out of 100 boxes in 6 hours time period, but i doubt there will be 100 participants always within that 6 hours period so if you pick up winning box that have never been purchased than where does that jackpot goes.

It looks like you are trying to modify site currently, hope you will find out way to overcome this types of confusion.

I tried to visit your site but it says.


I guess I miss to join your game earlier, do you know when it is exactly going to be back so that I can try it out. Too bad I already missed out the 0% fee. By the way, I will just follow this thread and will wait for some updates.

You should show incoming and outgoing transactions to prove that people are actually playing and that they are being paid.

Idea is nice though, clean and simply, it may attract some people if it looks less text based.

Yeah being transparent can bring him up some gamblers but still he needs to furnish his site right away so that we can try it out.

And with the concept of the game I guess is not very far with 64blocks.com but still this type of games are going to be unique.

Making the gambling industry to have some more attractions.

For starters, I'd like to suggest a few things
1. Your website design is neat. However, there should be 3 tabs. First to show deposit address and the block we want to invest in. Show our current balance, chances of winning, the number of tickets bought and ticket number(s). There should be a bar showing the number of blocks filled and the amount left. An approximate time for the ticket drawing should be displayed accordingly.
2. The second page should show FAQ, why invest in your website, Bitcointalk link and your email address for support.
3. The third page should show all the transactions made for that jackpot along with the email address of users who deposited and their choices. Winner should be decided and their transaction must be shown along with their email address. Your website should be absolutely scam-free.
4. I assume, you should tip the winner 0.001*95 = 0.095BTC and keep the rest 0.005BTC for yourself.
5. All these above methods still aren't enough for trusting your website. Show us that you are trustworthy from your actions.
Good Luck!

Well, hope that you will make another launch soon.
I tried to access the site yesterday but there were some errors in my internet connection which avoid me joining the site. New-site supporter is here :D

Your idea looks like lottery and i am quite sure that you will also suffer from not getting enough participants to start lottery. You could rather think about creating jackpot where people have to hit specific number to get that jackpot just like dice site. They don't have to wait for 6 hours to see the result and as they can roll and try their luck just after they send bitcoin to pot, they will be happy to keep rolling with new deposits which will grow pot size really quick and also people can easily verify each roll results.

Yes that is like having a house edge and a high one at that. Only if the blocks are full it is fair otherwise you have I tiny chance to double your bet. This system will only seem to work with more players. There must be a minimum amount of tiles used first.

Yeah indeed. This is a great lottery so everyone could play a long here and depends on your luck when your number is going to hit or not. But what i do not understand is that, how much that people can but here? But on each number once or we can buy other number with max 1 time per person? Does not state clearly though

For OP, so in every 6 hours the roll start? No matter how many people buy, it always keep starting? You at least need to put some coin on the pot to attract more people here. With some huge pot people will start to come here and play

I believe you can buy more than 1 box as many as you wish, it would be funny if it is limited to 1box/person.


The lottery needs at least 2 boxes to be drawn as I have seen when the site was alive. Now the game is still not working, not really sure when it will back but the most important thing (fairness) should be implemented before they come back.

Yes, you can buy as many boxes as you'd like. Also the 6 hour timer doesn't start until atleast 2 boxes have been bought. Lastly, we will be back online shortly. We are in the process of making it provably fair and adding new cool features. Thanks for your patience.

Do I bet with +EV?

Nope, I mean if OP want to make this as fair as it to be, he will need to limit one box for everyone so he will need 100 people before it can start. I know this will wait for long but if only OP let this thing happen may be most people will try out their luck here. There is no way that normal people beat the big whale though in lottery thing

It is fair if it is limited to one box for everyone? Where is the fairness on it? It is still fair even if you buy 99boxes againts other player with 1box. This is how raffle works, the more tickets you buy the higher chance to win the raffle. Fairness should be more about how they draw the raffle.
Even if it is limited to one box per person, how would you know if other players buy only 1 box?

Hello, we are happy to announce that we are back online at http://thebitcoin100.com (http://thebitcoin100.com)

We have added many new features that we are excited for you to check out such as:

• Provably Fair System
• Recent Transactions Section
• Chat

Thank you for waiting patiently, we hope you enjoy the new site.

http://thebitcoin100.com (http://thebitcoin100.com)

I Helloed in chatbox. Still waiting for reply :D

Can we buy several boxes in one transaction? One box cost 0.0001btc, if I want to buy 10boxes should I pay it in 10 transactions aswell? If so, the I would say it is annoying as I should pay more for the transaction's fee. Perhaps it is OK for those who use xapo wallet because there is no fees, but how about those who use blockchain, multibit, mycellium etc?

Currently, we only allow you to purchase one box at a time.

Yeah 20% House edge is pretty huge effect on our bets, Even 5% house is pretty big also. 1%-2% is good enough for a house edge with ads in the site. Also i should suggest you need an SSL for your site, the pretty green thing on the upper left side of the url bar is a customer concern. If you have one then customer will trust your site.

This is only cheap https://cheapsslsecurity.com/promotion/positivessl-offers.html?utm_source=google&utm_medium=cpc&utm_term=positive-ssl&utm_content=cheap-positive-ssl&utm_campaign=cheapsslsecurity&gclid=CJP0l92JxdECFYKVvAodu5MJqg (https://cheapsslsecurity.com/promotion/positivessl-offers.html?utm_source=google&utm_medium=cpc&utm_term=positive-ssl&utm_content=cheap-positive-ssl&utm_campaign=cheapsslsecurity&gclid=CJP0l92JxdECFYKVvAodu5MJqg)

After a couple weeks of downtime to fix some issues and add some new features, we are excited to announce that we are back online.

http://thebitcoin100.com

We are a provably fair bitcoin game where you choose a number 1-100 from our table. Once the timer runs out, the winner will be selected. The winner is determined before the round starts and can be verified after the round is over by matching the seed containing the winners with the hash given before the round starts.

Some new features that you guys requested that we didn't have before include:

    Provably Fair
    Chat
    Recent Transactions


We have added these new features and repaired some bugs.

We are excited for you guys to check it out and win some bitcoin!

http://thebitcoin100.com

But do you think that everyone can afford to keep on buying lot of boxes? I think only some of them that can get this and the chance will always on to them. There is no way that you can win this kind of raffles if you dont limit people on how much that they can buy. This kind of raffle never attract lots of people to keep playing on this site

I feel you need some advertisement or promo offers to kick start your website. You will lack in buyers for some months if it goes like this. Rather than waiting for buyers, make it a jackpot someone suggested. That will be better than this and allow users to buy multiple boxes in one transaction.

I'm not really sure how you understand about lottery games, but limiting 1 ticket per player is not good lottery. Can you give me an example of lotteries that has this limitation?
You have ever said if freebitcoin lottery is great IIRC, so what is the difference with this one? Why you seems to be so hate the fact of no limitation on this site but you like the other site which is exactly the same lottery (in terms of no tickets limitation)?

And why you said there is no way to win? You can win in all lotteries even with 1 ticket only, of course your chance is lower than others who have more tickets. You get it wrong to say there is no way to win.

You cn now buy as many boxes as you want but each one will have to be purchased individually.

We will be at some point adding random boxes with prizes in ranging from BTC to Electrical's 

i totally understand everything about this lottery thing. What i really saying here is about fair for everyone, if everyone is limited to 1 ticket, all people might have the same chance to win so there is no "overpower" into lottery. Although they have a lot of money, they will sure share some chance to win some amount.

Until now i can't find any lottery that limit people because they need to earn money from this kind of games too so they will always make this kind of lottery games. Btw the chance of winning in lottery by using 1 tickets is like impossible because most of the time you will beaten by the one that have huge money so i think this is just some pointless thing to do if you dont have any balance to start with