Bitcoin Forum

Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Ireland’s best known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers, entrants – who aren’t limited to the Republic of Ireland – will be entered into a draw whose current jackpot stands at 1,025 BTC. More details on https://news.bitcoin.com/worlds-first-bitcoin-lottery-offering-1000-btc-bounty/
Who's the lucky one?

Honestly, I feel like any form of gambling is not really worth it. What if you end up tossing in something like 5$ in bitcoin into some form of gambling. What if bitcoin multiplies ten-fold in the next few years? That's a loss of 50$, assuming you don't win (which is the most probable outcome). I guess people get the rush of gambling when they buy into whatever form they prefer, but in the end, you're more likely to come out negative.

Bitcoin and betting have long been bedfellows, with hi/lo gambling site Satoshidice one of the first applications for spending the cryptocurrency. In more recent years, bitcoin has gained traction at a number of ‘provably fair’ cryptocurrency casinos, and many more online casinos and sportsbooks have added BTC as a deposit and withdrawal option.

Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Ireland’s best known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers.

There's also this one in Australia: https://www.lottoland.com.au/bitcoinlotto (https://www.lottoland.com.au/bitcoinlotto)

They're claiming to be "the world's first regulated Bitcoin lotto jackpot."

first? really?

for years there have been lots and lots of lotteries with bitcoin. from small and even scammy ones to bigger ones held by biggest bitcoin gambling sites. it is certainly not the "world's first bitcoin lottery" this one!


and i find this part of your statement funny because everyone knows that lotteries are just a way to lose money and only one person wins (in some cases a couple of them win) and the rest lose. which means you just waste the money you already have on something that may not happen. you can buy bitcoin with the same money and not miss out to kick yourself later :P

Gambling was on of the first business areas that bitcoi entered. It was very popular and at first bitcin had reputation that is gambling currency.
Still I think that it's good that bitcoin is making progress each day and getting accepted in different fileds so why lottery wouldn' be one of them. This is very atractive to people and everyone would like to win som bitcoins o hope this will work and that one day I will be able to play bitcoin lottery in my country too.

In a wave of excitement, many will do advertising using the desire of people to have bitcoins. Lottery is a good way to make money.

Well for me, gambling is not the thing for you don't have the control over your money. Unlike in trading you will always have the choice either to sell or not, either you let  your emotions kick you in the butt or shut it up. At the end of this lottery there will always be 2 winners, 1st the lucky bastard that get that juicy pot in the end of the rainbow and obviously the company who held the event.

In YABTCL.com I have got a gamble experience but not much money. Maybe I am not lucky enough or in this lottery like in any other it is usually hard to get good prize. Otherwise I prefer another way of earning.

It's sad that there are no such lotteries in my country. But I've never won anything in lotteries anyway, so whatever. Good luck to everyone!

This will raise more awareness of bitcoin and the value of it. We can only hope someone that is already involved with bitcoin and crypto currencies wins it

I've just come across this lottoland.ie a few days ago, seems legit. Might try my luck and hope for the best lol

With the amount of manipulation that happen with lottery companies, there is nothing so unworthy of time than putting money in lottery and they will so much do it to the extent that to get someone to pick the number would be more or less impossible after they would have gathered more than the jackpot itself and the license they even have to operate is a proved of not so clean exercise. For this, I would gladly pass.

Not close to be the very first bitcoin lottery and by the way yours doesn't like promising or trustable at all.

It is pretty cool that anybody can try their hand at this but I don't want people to associate Bitcoin with everything negative, can we stop with all the gambling and criminal things please or is that too much to ask?  ;D

i don't believe in bitcoin lottery may be the lucky ones might get them or end up loosing money.

Maybe I'm wrong, but I never considered the lottery a serious financial engagement. The goal of the organizers of any lottery is obvious - to collect more funds with the least expenses. Where is the guarantee that the chances are really 1 to 6?

I am not interested with these lotteries nor with gambling .

Yes, I think it's better to keep Bitcoin gambling than to continue to hold it. Maybe we'll find out later that the money you make from gambling might not be as good as continuing to hold and gain more. Moreover, bitcoin brings gambling, I think Too wasteful, this technology should not be used in these areas.

The crazy returns bitcoin gives if you just hodl it is good enough as a lottery and I think is a much better option then investing in some lottery. I would say one is better off just buying bitcoin as it is nothing short of being a lottery itself.

Lottery is a good way to make money. It was very popular and at first bitcoin had reputation that is gambling currency. Still I think that it's good that bitcoin is making progress each day and getting accepted in different fileds so why lottery wouldn' be one of them. This is very atractive to people and everyone would like to win .

i would definitely buy this lottery as long as it was being offered by the established lottery company in my country , anyone who knows even a little about the financial benefits to be garnered from bitcoins would be interested so therefore what bitcoins really need is some advertising machinery to get the correct news out there.buying this lottery would be a no brainer for me .

Its just waste of time, You have to luckiest enough to win these lottery and not every person have luck. Anyways i don't think its world first bitcoin lottery since i haven't heard such news on internet so its hard for me to believe. If you do some more research you will find many such lotteries in different part of the world.

We will see many more applications like this. Bitcoin is entering our lives as the days pass.
The bitcoin lotus is very logical. Try to enjoy the Crypto market.
There are games that distribute bitcoin, there are instagram style sites that distribute bitcoin. There are sites distributing tokens.

That is actually one big jackpot, depending in what day and what the amount of bitcoin is for that time when a winner finally shows up. In the future there would be many applications such as this, it is just that for the time heing with bitcoin and the whole of the cryptocurrency market being volatile I do not feel as welcome as this for the amount varies as the volatility cannot be controlled even if it is for salary of employees or otherwise

The world's first bitcoin lottery is a very good thing. So, bitcoin will be known, it will attract a lot of players, and very high profit. Therefore, hopefully in the future there will be many forms of investment like that, to promote bitcoin images for everyone to know.

yes ,,, I also do not like the lottery name, it will just waste my time, just to follow things like this, I better use my time to trade or learn to invest, even if bitcoin lottre is there, not necessarily we are lucky to get it, better use our time as well as possible, to do things positive.

I'm not much of a gambler and lottery isn't my thing, and from the outside and what normally happens in crypto, this may turn out to be the biggest scam of all... just saying.
But will be interested to see what happens, maybe a member of this forum goes on to win actually.
So lets just, wait and watch.

There are so many bitcoin lottery already available on the internet.
But as always the casino always win! Stay away from this !

how lucky when you win this pot. ;)

Lotcoin's Bitcoin services are very popular with lottery players, but big bonuses are not available. This is an early prize win from the participants, unbelievably more than a thousand Bitcoins will be the prize of the lucky winner to hold the six lucky numbers.

One of Ireland's most famous lottery operators offers millions of dollars worth of bitcoin, that lottery is just a way to lose money and only one person wins (in some cases some of them win) and the rest lose. which means you just throw away the money you already have on something that might not happen, bitcoin makes progress every day and is accepted in different places so why the lottery will not be one of them. This is very interesting people and everyone wants to win some bitcoin.

Gambling was one of the first areas of business that bitcoin entered, and I believe it did a lot of good for bitcoin as a currency itself as it allowed it to blossom in a very competitive and high tech environment. I think that it’s great that bitcoin is expanding into many new niches and categories. Eventually in my opinion bitcoin should be in line to with big companies like PayPal and Western Union if governments and banks decide to accept and adapt to bitcoin. I also recently discovered that Australia also has this released at https://www.lottoland.com.au/bitcoinlotto

Hello everyone, interesting idea. But I do not think who the winners of the lottery feel happy. According to statistics, winners of lotteries lose everything in the next few years

Lottery but not the first time, i guess. To get the attention of people lottery is a good trick. It also helps to raise fund. At the end maximum people will get nothing expect the luckiest one.

Why is such an amazing thread and news so dead here?
I didn't know about that and to be fair it's a shame I read this news roday.
Seems there is a talk about lottoland but I can't find much information, there is only same article posted on different websites. If anyone knows, did someone win 1st or 2nd prizes?

No it's not. It's the complete opposite in fact. It's actually one of the best scam businesses in operation today which is still widely and blindly followed by the masses. This isn't progress for Bitcoin. It might get a little media attention, but certainly isn't anything to trip over about.

Nah, I doubt anyone with half a brain would be interested in spending their valuable Bitcoin for heavily stacked odds against you to win a large amount of Bitcoin. I guess with your last sentence you've confirmed that you have less than half a brain.

It seems legit. Not sure if it is something I would try my luck at though.

I do not like gambling in life, but it is not that it is the first lottery in the world. But since it is not legal in the world, it does not participate in all the countries around the world. This lottery game does not help people in any way, but rather they waste more money.

I know lottery means forehead and lottery means fate too, because of lottery helicopter calculations for the change of life of many people, think the lottery has got a poor person and his life has changed very much, so should we take part in our lottery lottery.

Gambling is a fraud, though bitcoin and gambling are very related but if you can use bitcoin wisely you probably will not lose your coins.
And I think this is not the first gambling site I know.

It's a very exciting gift with millions of dollars prizes, but I think it's a gamble that does not need to be done to get the prize, because it's something very difficult and also uncertain.

 there is nothing so unworthy of time than putting money in lottery and they will so much do it to the extent that to get someone to pick the number would be more or less impossible after they would have gathered more than the jackpot itself

It is nothing but just a rumor and i'm not interesting ib gambling.

I am new to teaching myself as much as I have been taught, I want to say that Bitcoin will change my life style because I know the use of bitcoin has changed the lives of many people in developing and difficult to be established in the country. Bitcoin is very easy, as well as exchanges, casinos and bitcoin wallets.

I think your post looks more like an ad. Crypto world there are many types of gambling and this is not the first time I saw this kind of ad.

 PayPal and casino world,s first bitcoin.but I maybe there are so many bitcoin lottery but bitcoin the always win.if you can use bitcoin wisely you probably will not lose your coins.

this is what happens to the development of bitcoin in every country easily yields more than enough results compared to working as a laborer and even office salaries because bitcoin can give to the owner in just a few moments it takes patience and a strong desire and in me the country has many people feel what should be felt that our lives are very well established and already have a lot of investment both in the form of assets or savings and rewards that are very noble to me.

I have terrible luck in gambling and I dont think lotteries will make crypto popular but yes, cryptocurrencies are the most convenient to use in these type of businesses.

A lottery is always a lottery. Earns only the founders and the minimum part of the participants. All the others lose but still people want to catch luck)

Irish lucky drawing company, Lottoland, invented a new way to get more participants to participate in the lottery. Instead of pegging the money as a grand prize, Lottoland now uses bitcoin as his main prize.

The magnitude of the main prize was very fantastic. Those who are lucky to win the sweepstakes are entitled to a 1,025 bitcoin jackpot prize worth US $ 19.9 million or Rp 267 billion.

Quoted from bitcoinnews.com, Saturday (6/1/2017), although this lottery way is the first time in the world, the Lottoland is optimistic that many people who participate. They also deliberately held this sweepstakes to take advantage of the trend of digital currencies that many loved around the world.

Why write in the header of this branch, such a screaming headline??? bitcoin lottery is not a new idea. Such gambling I have already met in internet