Bitcoin Forum

Economy => Gambling => Topic started by: marcotheminer on December 30, 2014, 08:47:52 PM



Title: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on December 30, 2014, 08:47:52 PM
Much like euro-millions.com where users pay xBTC per box (5 numbers and 2 stars must be chosen). As many boxes can be purchased. Of course they will be purchased though the blockchain (embedded messages in TX IDs) to ensure validity and reliability.

Numbers range from 1-50 and stars from 1-9.

A draw occurs and tiers include:
5 Numbers and 2 Stars
2 Numbers and 0 Stars
(and all combinations between)

Each tier would payout differently (5 Numbers and 2 Stars being the jackpot).

The prize pool would likely be above 5BTC.

Thoughts?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on December 30, 2014, 08:48:58 PM
Read through the above and let me know your thoughts.

Draws would be fair (using random.org or even another reputable user, dooglus?, to draw the numbers and stars)


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: feryjhie on December 30, 2014, 09:06:35 PM
i'm interested with this

but one quetion how much price for each ticket?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: kilter71 on December 30, 2014, 09:09:14 PM
There have already been a bunch of these around the forums.  Some are legit, most end up being scams.  So, you'll need to figure out how to "prove" to people it's fair.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: kilminukas on December 30, 2014, 09:15:30 PM
There have already been a bunch of these around the forums.  Some are legit, most end up being scams.  So, you'll need to figure out how to "prove" to people it's fair.
well he has + trust so i think everyone would trust him


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: waterpile on December 30, 2014, 09:17:57 PM
you can trust marco with your life  ::)


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: Aemon on December 30, 2014, 09:26:38 PM
I would probably do it with a trustworthy sort.  On a side note(i am sure you already have help or know how yourself)  I wouldn't mind helping designing the site, or something like that(For free, learning purposes)


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: btcbulldog on December 30, 2014, 10:20:41 PM
No point to run a bitcoin lottery when you can just set your own ridiculous odds on any number of dice sites.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: Snail2 on December 30, 2014, 10:45:43 PM
I've never won on euro-millions, but interested. Maybe this one :)


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: cryptocoiner on December 30, 2014, 11:06:58 PM
Much like euro-millions.com where users pay xBTC per box (5 numbers and 2 stars must be chosen). As many boxes can be purchased. Of course they will be purchased though the blockchain (embedded messages in TX IDs) to ensure validity and reliability.

Numbers range from 1-50 and stars from 1-9.

A draw occurs and tiers include:
5 Numbers and 2 Stars
2 Numbers and 0 Stars
(and all combinations between)

Each tier would payout differently (5 Numbers and 2 Stars being the jackpot).

The prize pool would likely be above 5BTC.

Thoughts?

And whta is the dofference from any ather bitcoin dice site or something?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: RCHumphrey on December 30, 2014, 11:18:37 PM
One positive of the National Lottery in the UK is the fact that profits go to charities and other things for the so called public good.

I know people often shout down centralisation here but if there was a board which managed the profits of such a lottery and used it for the perceived good of the Bitcoin community with the lottery ticket purchasers having a say in the spending of that BTC could make such an idea stand out and would be great publicity.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: PaulPierce on December 31, 2014, 12:06:47 AM
Im interested ...only if someone reputed handles it.!


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: Snail2 on December 31, 2014, 12:57:14 AM
you can trust marco with your life  ::)

With my life, that's OK... but my BTC...   :D


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: JessicaSe on December 31, 2014, 01:03:38 AM
i will be interested in it if it is hold by some reputated member and ticket is afforable
also it should be a fair deal, and we are ready to join


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: joksim299 on December 31, 2014, 01:09:16 AM
I am interested if there are prizea for wins like 3+2 etc.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: BitcoinDistributor on December 31, 2014, 01:18:22 AM
The problem with BTC lotteries is they don't gain enough attention and when they do its generally at the beginning but die off shortly after. Too much effort is put in by the administrator/drawer and never much is put in. I wouldn't start it honestly.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: Snail2 on December 31, 2014, 02:27:14 AM
The problem with BTC lotteries is they don't gain enough attention and when they do its generally at the beginning but die off shortly after. Too much effort is put in by the administrator/drawer and never much is put in. I wouldn't start it honestly.

That's true. Maybe mixing with some other more attractive forms of gambling could be a solution.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: karlb187 on December 31, 2014, 06:28:12 AM
You have my support macro!  ;)


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: Omikifuse on December 31, 2014, 06:40:54 AM
What your fee for running the lotto?

What the value of prizes?

What price to join?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: letyouearn on December 31, 2014, 08:06:46 AM
I am also interested to try out bitcoins lottery game. 

How much btc to buy 1 ticket?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on December 31, 2014, 08:56:01 AM
you can trust marco with your life  ::)

Well thanks for the added responsibility ;)

Will answer all other queries as soon as I can, thanks for the interest!


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: Clint on December 31, 2014, 09:04:09 AM
how much will be the price of each ticket?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: casinobonus on December 31, 2014, 09:35:00 AM
Bitcoin Lottery? how much prize? and where we can submit ticket?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on December 31, 2014, 05:16:55 PM
Bitcoin Lottery? how much prize? and where we can submit ticket?

Total prize pool would be above 5btc most likely.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on December 31, 2014, 05:17:29 PM
What ticket price would you like to see?

You could win with as little as 2 matching numbers and 0 matching star numbers (users select 5 numbers and 2 star numbers per ticket bought).


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: n3o11 on December 31, 2014, 05:20:33 PM
the idea and structure looks interesting but the problem is the fact that there were plenty of bitcoin lottery sites (and few threads in this section too in the past to manually do lotteries) and as far as I know those existing barely had any activity.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: erwin45hacked on December 31, 2014, 05:36:29 PM
Much like euro-millions.com where users pay xBTC per box (5 numbers and 2 stars must be chosen). As many boxes can be purchased. Of course they will be purchased though the blockchain (embedded messages in TX IDs) to ensure validity and reliability.

Numbers range from 1-50 and stars from 1-9.

A draw occurs and tiers include:
5 Numbers and 2 Stars
2 Numbers and 0 Stars
(and all combinations between)

Each tier would payout differently (5 Numbers and 2 Stars being the jackpot).

The prize pool would likely be above 5BTC.

Thoughts?

im interested, lets try some luck in 2015

how about some pool about the ticket price?  :D


EDIT : ticket price should be low enough to gather more partcipant lets say 0.005 - 0.02 / ticket


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: DiabolusLoki on December 31, 2014, 06:01:00 PM
It would be interesting to say the least, yes. I would be too.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: hungergamespro132 on December 31, 2014, 06:31:49 PM
It would be interesting to say the least, yes. I would be too.
there are plenty of lotteries already why we need more if we dont play those?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: justinetime on December 31, 2014, 06:37:15 PM
I like lottery, but I don't like the idea.
I will be interested if your lottery just like sydneypools, singaporepools or hongkongpools, and we can bet in 2 and 3 digits.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on January 01, 2015, 12:40:57 AM
What ticket price guys?


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: sickhouse on January 01, 2015, 01:06:00 AM
What ticket price guys?
0.001 or 0.0001 would be good? That way people can buy several tickets without spending too much money.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: Sumerian on January 01, 2015, 01:13:48 AM
What ticket price guys?
0.001 or 0.0001 would be good? That way people can buy several tickets without spending too much money.

0.005-0.01 sounds more reasonable in my opinion. You'll need tons of tickets to reach a 5 btc prizepot with tickets costing 0.0001 only


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: stellar69 on January 01, 2015, 04:45:27 AM
What ticket price guys?
0.001 or 0.0001 would be good? That way people can buy several tickets without spending too much money.
The ticket price should be at least 0.01BTC so that we could at least reach 1BTC. I don't expect thousands to join this lottery so the ticket price should be kept above 0.01BTC.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on January 01, 2015, 10:26:48 AM
The prize pool would be funded by myself initially, not ticket buyers. Thus the price per ticket can be lower than 0.01BTC.

A winning prize occurs when you match:

https://i.imgur.com/XW775a2.png


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: El Emperador on January 01, 2015, 10:32:18 AM
Honestly I didn't like lotteries very much so I'm not interested in purchasing a ticket, but I think Bitcoin lotteries might be nice because it can be all based on blockchain, so to ensure fairness and validity.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: GreatCoinBearer on January 01, 2015, 10:36:19 AM
Played in Win88 Lottery before. :)
Played in Win88 Dice right now


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: fearlesscat10 on January 01, 2015, 10:47:23 AM
What ticket price guys?
0.001 or 0.0001 would be good? That way people can buy several tickets without spending too much money.
The ticket price should be at least 0.01BTC so that we could at least reach 1BTC. I don't expect thousands to join this lottery so the ticket price should be kept above 0.01BTC.

I'd rather go for the 0.001 BTC ticket price. You could get a lot of people to buy tickets.

Most people wouldn't think twice about buying a ticket since it isn't a lot of money.

0.01 could be around two meals where I come from. I wouldn't really trade that for a very small chance at winning a lottery.


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on January 01, 2015, 02:00:01 PM
What should be the prize amounts for the following?

The prize pool would be funded by myself initially, not ticket buyers. Thus the price per ticket can be lower than 0.01BTC.

A winning prize occurs when you match:

https://i.imgur.com/XW775a2.png


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: marcotheminer on January 01, 2015, 08:38:36 PM
Launched! Buy your 0.005BTC ticket now for your chance to win several prizes including a 3BTC jackpot!

https://bitcointalk.org/index.php?topic=911052


Title: Re: Would Anyone Be Interested in a Bitcoin Lottery?
Post by: cryptocoiner on January 02, 2015, 02:09:59 AM
you can trust marco with your life  ::)

Ok, i will trust him with YOUR life. =)