|
Title: [CS] LTC Lotto 6/49 looking for funding Post by: Bitqualize on November 28, 2013, 01:19:28 PM We are planning to launch a LTC Lottery based on the German 6/49 Lottery. To initially fund the jackpots we are collecting funds, check out the details at:
https://cryptostocks.com/securities/68 Title: Re: [CS] LTC Lotto 6/49 looking for funding Post by: drawingthesun on November 28, 2013, 01:58:09 PM We are planning to launch a LTC Lottery based on the German 6/49 Lottery. To initially fund the jackpots we are collecting funds, check out the details at: https://cryptostocks.com/securities/68 What odds will this lottery play at? If I am a gambler and put in 1 bitcoin, what is the expected payout? Title: Re: [CS] LTC Lotto 6/49 looking for funding Post by: drawingthesun on November 28, 2013, 02:03:46 PM http://en.wikipedia.org/wiki/Lottery_mathematics#Calculation_explained_in_choosing_6_from_49 (http://en.wikipedia.org/wiki/Lottery_mathematics#Calculation_explained_in_choosing_6_from_49)
Ok, so to win first division you have a 1 in 13 million chance. What type of bankroll do you intend to start with? Just-Dice offers a 1 in 100,000 chance to spend $2.5 and win $250,000. I wonder if your game is competitive here? Also you have almost a 1 in a million chance to win $250,000 from just playing $0.25 (cents). Are you offering similar or better odds? Title: Re: [CS] LTC Lotto 6/49 looking for funding Post by: MPOE-PR on November 28, 2013, 02:11:09 PM Yet another example of why you can't invest on Cryptostocks (https://bitcointalk.org/index.php?topic=331674.0).
|