Bitcoin Forum

Hi everyone,

Satoshiround.com (https://www.satoshiround.com) switch back to the Bitcoin BTC chain!

★ Each lottery round is 99 minutes, when one ends, another begins

★ 0.001 BTC per ticket, but...there are also bonuses!

★ Each ticket sold will increment the round Jackpot

★ When round ends,  a winning ticket is drawn among those sold

How can I bet?
Send 0.001 BTC for each ticket you want to buy to the homepage Bitcoin address.
Do you want to buy 7 tickets? Send 0.007 BTC...as simple as that!
When your transaction will receive at least 1 confirmation it will be visible on the homepage and your tickets will be added to the Jackpot.

Bonuses
From 1 to 100+ bonus tickets! Visit Satoshiround.com >> Bonus section.

Provably Fair
Players who bet on bitcoins are almost always pro-users, and pro-users want fairness and security...here we are!

To guarantee the draw impartiality there are 3 keys:
 - Public key: random sha256 hash made public at the beginning and for the entire duration of each round.
 - TXT list hash: the MD5 hash of the text file (which everyone can download) that is generated at the end of each round and which contains all the bets, addresses, tx hash, public key and the verification block number.
 - Block hash key: when created by miners, the verification block hash.
The verification block is 2 blocks in the future from the last block generated when the round ends, this makes the outcome of the random totally unpredictable.
These 3 keys are combined together and passed to a PUBLIC script that will select the winner.
The most important thing: EVERYONE can see the keys and EVERYONE can verify the outcome of the final draw.
Complete technical explanation of the random script and extraction mechanism can be found on the website under "Provably Fair" section.

Any problem? Do not hesitate to contact us from the "Contact" section of the website!

Price of each ticket is not high if you consider that with every ticket you have the chance to win those of the others.
A few minutes of slot machines is certainly more expensive! here each lottery is 99 minutes in which you have the opportunity to place more bets based on the progress of the game.
Better than a scratch & win 3.0!  ;)
If a round ends with a single player, the round is repeated. No bets will be lost!

sure you can see it like this but IMO it is very high for the start. my tip for you is to start with small ticket price and later to offer also higher prices for tickets.

you cant compare slots or scratch with lottery

what will you take from a draw?

just trying to help

good luck

edit

in general a lottery should offer low ticket price and high winnings as it is in real lotteries

In round #4 a lucky player won 0.0062 BTC! Compliments!

Now look ahead to round #5! Place your bets and...good luck!

Thank you for your opinion. We always take user advice into consideration!  ;)

I don't think there is anything wrong with the bet size. Since this is an onchain type of gambling game.

The fees on the Bitcoin network can increase again and we will all be using 300-400 sat/byte to send transactions.

My advice is you can use a different currency like Bitcoin Cash and lower the bet size. Since that network is mostly empty and just looking for blocks to fill.

To help this site you need more incentives and bonuses however. Like the above poster has said, many will just go and bet on dice instead since it's faster and house edge is lower.

If you offered new gambler deposit bonuses or other prizes than it has a good chance of hitting off.

In round #4 a lucky player won 0.0062 BTC! Compliments!

Now look ahead to round #5! Place your bets and...good luck!
[/quotemaybe the casino will give more profit. and no need to wait long. do you expect with the jackpot prize that you can get many registrants? I do not think so. this is too low for me. increase the rewards so we can be more attractive

This is quite high for each tickets as I can say but it seems quite fun games as well. What I would like to ask is about your bonus, I saw on game 4 there is more than 5 tickets bought regardless your bonus, if more than 5 tickets then it will get an extra mean while I saw it was more than 5 tickets bought so why I do not see an extra there? And btw how do you calculate your jackpot? Currently I saw there is 0.0027, how does 0.0007 can possible there mean while there is only 0.001 min per tickets

Round 18
Sent TX and it has gotten 3 comfirmations within an hour but it still has not shown on the site as having been added to the pot.
Something is askew on the site. Will i get my 35.00$ back or will it be placed on the round 19?
I'll send you the wallet address through DM once you see this and respond, well you can actually see it, round 18 has malfunctioned  :o

Hello, thanks for your report.
Obviously your bet is safe and has been included in the current round, in fact for you does not change anything, except the delay in the play, so we apologize for this.
We are at work to cover the bug generated by the need to secure users from fraudulent bets, obviously it is not the case of your bet that is clean.
Safety and fairness are our priority!
Thank you!  :D

Round 18 finally concluded.
Thank you for the game and the fun  :-*

WARM KISSES

Nice 0.0062 BTC win! Are you the lucky player?

Show

Hi BTCevo, Good question, I take this opportunity to explain everything better!
In round # 4, as you can see there are 4 bets, or 4 players have bought tickets.
Bet ID: 07 he bought 2 tickets
Bet ID: 08 he bought 1 tickets
Bet ID: 09 he bought 1 tickets
Bet ID: 10 he bought 3 tickets

To get bonus tickets, a player must purchase multiple tickets together:
• From 5 to 9 tickets you get 1 Bonus ticket
• From 10 to 49 tickets you get 5 Bonus tickets
etc. (see Bonus section on Satoshiround.com (https://www.satoshiround.com))
So, if you buy 5 tickets (0.005 BTC) you will get +1 bonus ticket, for a total of 6.

When a player buys a ticket, the ticket cost is added to the Jackpot prize and the house edge is subtracted to the total.

Right now, in round #7 (the round currently open as I write this post) a player has bought 3 tickets. Then, 0.001 x 3 - house edge = 0.0027

This means, for example, that if you buy another ticket in this round, the jackpot will become 0.001 x 4 (total sold tickets) - house edge = 0.0036 BTC up for grabs, and your winning odds will be 1 in 4.

If an additional player buys another ticket in the same round, the jackpot would become 0.001 x 5 - house edge = 0.0045 BTC and your odds of winning will be 1 in 5, because a total of 5 tickets have been sold and 1 belongs to you .

I hope this practical example will be useful to all those who would like to try Satoshiround.com but had doubts about how it works.
Have fun and good luck!

Small websites like Satoshiround must win players' trust, it takes time!
We are 100% transparent and every payout sent can be verified with a TX of the transaction.
 Play with confidence, Satoshiround is a safe site.
 Seeing is believing!  ;)

Small websites like Satoshiround must win players' trust, it takes time!
We are 100% transparent and every payout sent can be verified with a TX of the transaction.
 Play with confidence, Satoshiround is a safe site.
 Seeing is believing!  ;)

Hi! the bonus tickets offer more opportunities to win the jackpot but do not increase the amount.
So what's the use?
Bonus tickets have 2 purposes:
1) Encourage each player to buy more tickets (then increase the Jackpot)
2) In return for this, offer a reward in the form of a higher chance of winning it.
Obviously more players will participate in each round is more this benefit will be evident.
Example:
Player A buy 10 tickets, Jackpot increase of 0.01 BTC
Player B buy 3 tickets, Jackpot increase of 0.003 BTC

Player A get 10 tickets + 5 bonus tickets
Player B get 3 tickets

It is true that Player A has raised the Jackpot more and is more exposed, but he will have 15 chances out of 18 to win the opponent's 0.003.
Vice versa, player B has risked less but at the same time is less likely to win.
This is a simple example with only 2 players. the more participants there are, the more exciting it will be!

In addition, for the first player who will buy tickets in each round, 1 extra bonus ticket is free!

It all depends on what kind of player you are, aggressive or conservative. Everyone can use his favorite tactics and if he wants he can adjust the shot during the round by buying more tickets if the players increase.

I hope I explained myself better! good luck!  :D

True, at the moment there are no big bets. but this depends on the diffusion of the site. if there were 3/4/5/10 + players in each round, it would be better to buy more tickets.

I just checked again, there is only 4 people only as your max players per game, never saw more than that currently on the history. I do not know how are you going to maintain your server in the next few weeks later. If nothing to be done, there will be no players soon. You must make some boost right now to make sure people know about your site and every details of the game too

I just checked again, there is only 4 people only as your max players per game, never saw more than that currently on the history. I do not know how are you going to maintain your server in the next few weeks later. If nothing to be done, there will be no players soon. You must make some boost right now to make sure people know about your site and every details of the game too