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Title: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: mmxca on February 01, 2015, 12:41:56 AM without all the negative connotation that goes along with that. The biggest problem with a Ponzi Game is that there is no way to prove that the game operator is not inserting themselves at the beginning of the game to defraud those who play after him. No matter how much he promises, even swears on a stack of bibles, the stigma is still there. funds from subsequent players paying them back, we wait until a finite number of shares (in this case 100) have been purchased. Then we dissolve 30 of those shares (the losers) and pay 125% of the per share buyin back to remaining players. The 30 shares that we dissolve are in no particular order and in fact are selected at "random" by generation of a random token at the gun-shy about playing our game to be driven away. The buyin is a low 0.0025BTC (a mere $0.54) so give it a try. the site. Think about all the things that make you uncomfortable about playing ANY of the other "Ponzi Games" out there and considering playing our game.
The "raffle" at www.theponzigames.com has been closed down due to lack of interest. All active tickets at the time of shutdown were paid back. https://blockchain.info/tx/3045c36145a52590e9531b5e0ece7999e7f99dbbd04ff5ec50133742efee1ba5 At the time of closure, there were 54 (of 100) tickets active. Code: +---------+--------+------------------------------------------------------------------+---------------------+------------------------------------+ Stay tuned for the the pheonix to RISE AGAIN! http://drsmick.com/wp-content/uploads/2012/12/Level-27-Phoenix-Rising-1.jpg Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: stevetrac on February 01, 2015, 11:30:51 AM i'm in for a go
Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: shorena on February 01, 2015, 09:54:06 PM Since I linked this as a slight improvement over regular ponzis in another thread Im going to address some problems I see.
#1 you (the operator) picks the seed, thus you know in advance which spots are winning and can thus play without risk #2 you (the operator) do not publish a hash of the seed to make sure you do not change the seed at a later date #3 the players could analyse the possible outcomes via random.org API for the last X of the 25 digit seed. X here depends on your API key as random.org limits API requests unless you pay for them. Paying for them just to get an advantage in the game might not be worth it, but someone might have access to such a key from other sources (university, job, etc) Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: caga on February 01, 2015, 10:13:14 PM Looks like now they are changing the name of a ponzi to raffle.
Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: H1N1 on February 01, 2015, 10:14:26 PM Same scam, different name.
Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 01, 2015, 10:23:15 PM Since I linked this as a slight improvement over regular ponzis in another thread Im going to address some problems I see. #1 you (the operator) picks the seed, thus you know in advance which spots are winning and can thus play without risk #2 you (the operator) do not publish a hash of the seed to make sure you do not change the seed at a later date #3 the players could analyse the possible outcomes via random.org API for the last X of the 25 digit seed. X here depends on your API key as random.org limits API requests unless you pay for them. Paying for them just to get an advantage in the game might not be worth it, but someone might have access to such a key from other sources (university, job, etc) Thank you for the feedback. I will do my best to respond to each of your points. 1. Technically, I don't PICK the seed, the seed is generated as 2 GUIDs and then the first 25 characters of that become the seed. And technically, I do know the seed (because it is stored in the database until the game ends), but the only other thing we could have done is pick it at the end - the argument would then be "well you just find a seed that let's you win". 2. By publishing the seed we are offering transparency to ensure we don't "change the seed at a later date" and doing so slowly ensures noone has an undesirable advantage. 3. We release the digits in sequence, one letter at a time, after each 4 shares purchased, so everyone has the same advantage if they are that determined. However, the real advantage would be if we release the sequence all at once. Then everyone would know which shares will be dissolved. This way, there are many possible combinations. Furthermore if you get to where there is only one letter left, 96 shares will have already been purchased. All that would protect you from is the last 4 shares. And at that point, the odds would be astronomical that you would find the right X with the last 4 shares. I don't know of another way to be more transparent and/or fair. I am open to any suggestions. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 01, 2015, 10:27:36 PM Same scam, different name. Actually if you look at instead of just blindly disparaging it, you would see it is: Same Name - Different Game But thank you for your pointless comment. If you care to discuss how you feel that this is any less fair than say a faucett, or a dice or card game, I would be happy to engage in a conversation with you. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: Quickseller on February 01, 2015, 11:50:03 PM Even though you release a portion of the seed after portions of the shares are sold, there are multiple possible seeds that you could be using, especially early on.
You still know what the seed is when the game starts which allows you to play the winning tickets while allowing others to play the loosing tickets. As you mention above regardless of if you pick the seed prior to the game starting or after the game ends then you will have an advantage. It is therefore impossible for your setup to be fair. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 02, 2015, 12:15:06 AM Even though you release a portion of the seed after portions of the shares are sold, there are multiple possible seeds that you could be using, especially early on. You still know what the seed is when the game starts which allows you to play the winning tickets while allowing others to play the loosing tickets. As you mention above regardless of if you pick the seed prior to the game starting or after the game ends then you will have an advantage. It is therefore impossible for your setup to be fair. You're premise is flawed. It is therefore impossible for you to BELIEVE my setup could fair. That is your perception (to which you are entitled), but just because you say it does not make it so. I know that my intent is honorable, and noone is going to change that, especially you. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: Quickseller on February 02, 2015, 12:19:37 AM Even though you release a portion of the seed after portions of the shares are sold, there are multiple possible seeds that you could be using, especially early on. You still know what the seed is when the game starts which allows you to play the winning tickets while allowing others to play the loosing tickets. As you mention above regardless of if you pick the seed prior to the game starting or after the game ends then you will have an advantage. It is therefore impossible for your setup to be fair. You're premise is flawed. It is therefore impossible for you to BELIEVE my setup could fair. That is your perception (to which you are entitled), but just because you say it does not make it so. I know that my intent is honorable, and noone is going to change that, especially you. If your intent was honorable then you would not have created a brand new account to start your scam. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 02, 2015, 03:04:42 AM You are incorrect. If your setup is fair then it would be easy for you to mathematically prove it. If your setup was fair then you should prove how it is fair, you have not done so therefore it is not fair. If your intent was honorable then you would not have created a brand new account to start your scam. What are you smokin' dude. This is the only account I have ever had and the only account I will ever had. You tell me. How would you mathematically prove that such a website was "fair". It's a game a chance... Do you understand the meaning of CHANCE? Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: Quickseller on February 02, 2015, 03:12:30 AM You are incorrect. If your setup is fair then it would be easy for you to mathematically prove it. If your setup was fair then you should prove how it is fair, you have not done so therefore it is not fair. If your intent was honorable then you would not have created a brand new account to start your scam. What are you smokin' dude. This is the only account I have ever had and the only account I will ever had. You tell me. How would you mathematically prove that such a website was "fair". It's a game a chance... Do you understand the meaning of CHANCE? It is not possible to make a gambling game fair with your current setup. The only way to be fair is to have two seeds, one seed that you pick and one that the gambler has the opportunity to choose, and then add in a nonce that starts at some number, but increases by a constant each additional bet. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 02, 2015, 03:23:34 AM I am sorry, but I cannot believe that you created your account on Dec 30 of last year and then 18 days later tried to start a ponzi (https://bitcointalk.org/index.php?topic=928373.msg10192270#msg10192270) and then when it failed you created a "legit" gambling site two weeks later. I am fairly confident this is not your first bitcointalk account. It is not possible to make a gambling game fair with your current setup. The only way to be fair is to have two seeds, one seed that you pick and one that the gambler has the opportunity to choose, and then add in a nonce that starts at some number, but increases by a constant each additional bet. Let's set aside the fact that you can't believe a professional developer could do what you describe, since that's exactly what happened because you are making assumptions with no basis in fact. With regards to the seed, it doesn't matter where it comes from. What if the seed were a mathematical calculation (perhaps an MD5 Hash (http://en.wikipedia.org/wiki/MD5#MD5_hashes) of the 100 transaction ids of the shares)? Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: Quickseller on February 02, 2015, 03:28:45 AM I am sorry, but I cannot believe that you created your account on Dec 30 of last year and then 18 days later tried to start a ponzi (https://bitcointalk.org/index.php?topic=928373.msg10192270#msg10192270) and then when it failed you created a "legit" gambling site two weeks later. I am fairly confident this is not your first bitcointalk account. It is not possible to make a gambling game fair with your current setup. The only way to be fair is to have two seeds, one seed that you pick and one that the gambler has the opportunity to choose, and then add in a nonce that starts at some number, but increases by a constant each additional bet. Let's set aside the fact that you can't believe a professional developer could do what you describe, since that's exactly what happened because you are making assumptions with no basis in fact. With regards to the seed, it doesn't matter where it comes from. What if the seed were a mathematical calculation (perhaps an MD5 Hash (http://en.wikipedia.org/wiki/MD5#MD5_hashes) of the 100 transaction ids of the shares)? It does not matter where the seed comes from. As long as you pick it, the seed will not be fair. Without having a separate seed that the player has the opportunity to choose, it will be impossible for your game to be fair, period. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 02, 2015, 03:38:50 AM I am sorry, but I cannot believe that you created your account on Dec 30 of last year and then 18 days later tried to start a ponzi (https://bitcointalk.org/index.php?topic=928373.msg10192270#msg10192270) and then when it failed you created a "legit" gambling site two weeks later. I am fairly confident this is not your first bitcointalk account. It is not possible to make a gambling game fair with your current setup. The only way to be fair is to have two seeds, one seed that you pick and one that the gambler has the opportunity to choose, and then add in a nonce that starts at some number, but increases by a constant each additional bet. Let's set aside the fact that you can't believe a professional developer could do what you describe, since that's exactly what happened because you are making assumptions with no basis in fact. With regards to the seed, it doesn't matter where it comes from. What if the seed were a mathematical calculation (perhaps an MD5 Hash (http://en.wikipedia.org/wiki/MD5#MD5_hashes) of the 100 transaction ids of the shares)? It does not matter where the seed comes from. As long as you pick it, the seed will not be fair. Without having a separate seed that the player has the opportunity to choose, it will be impossible for your game to be fair, period. So - obviously you can't possibly have a civil conversation. I am finished engaging you. Have a wonderful life. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: Quickseller on February 02, 2015, 03:54:54 AM I am sorry, but I cannot believe that you created your account on Dec 30 of last year and then 18 days later tried to start a ponzi (https://bitcointalk.org/index.php?topic=928373.msg10192270#msg10192270) and then when it failed you created a "legit" gambling site two weeks later. I am fairly confident this is not your first bitcointalk account. It is not possible to make a gambling game fair with your current setup. The only way to be fair is to have two seeds, one seed that you pick and one that the gambler has the opportunity to choose, and then add in a nonce that starts at some number, but increases by a constant each additional bet. Let's set aside the fact that you can't believe a professional developer could do what you describe, since that's exactly what happened because you are making assumptions with no basis in fact. With regards to the seed, it doesn't matter where it comes from. What if the seed were a mathematical calculation (perhaps an MD5 Hash (http://en.wikipedia.org/wiki/MD5#MD5_hashes) of the 100 transaction ids of the shares)? It does not matter where the seed comes from. As long as you pick it, the seed will not be fair. Without having a separate seed that the player has the opportunity to choose, it will be impossible for your game to be fair, period. So - obviously you can't possibly have a civil conversation. I am finished engaging you. Have a wonderful life. Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: shorena on February 02, 2015, 09:22:27 AM Since I linked this as a slight improvement over regular ponzis in another thread Im going to address some problems I see. #1 you (the operator) picks the seed, thus you know in advance which spots are winning and can thus play without risk #2 you (the operator) do not publish a hash of the seed to make sure you do not change the seed at a later date #3 the players could analyse the possible outcomes via random.org API for the last X of the 25 digit seed. X here depends on your API key as random.org limits API requests unless you pay for them. Paying for them just to get an advantage in the game might not be worth it, but someone might have access to such a key from other sources (university, job, etc) Thank you for the feedback. I will do my best to respond to each of your points. 1. Technically, I don't PICK the seed, the seed is generated as 2 GUIDs and then the first 25 characters of that become the seed. And technically, I do know the seed (because it is stored in the database until the game ends), but the only other thing we could have done is pick it at the end - the argument would then be "well you just find a seed that let's you win". Use something you can not predict. E.g. the hash of the bitcoin block that confirms the last transaction. Something that is very hard to predict for those participating as well as for you. 2. By publishing the seed we are offering transparency to ensure we don't "change the seed at a later date" and doing so slowly ensures noone has an undesirable advantage. My point was that you are publishing only parts of the seed and thus can influence it until the end. If you would publish a hash in advance along with it, the players could confirm (by hashing the seed) that you did not change it. 3. We release the digits in sequence, one letter at a time, after each 4 shares purchased, so everyone has the same advantage if they are that determined. However, the real advantage would be if we release the sequence all at once. Then everyone would know which shares will be dissolved. This way, there are many possible combinations. Furthermore if you get to where there is only one letter left, 96 shares will have already been purchased. All that would protect you from is the last 4 shares. And at that point, the odds would be astronomical that you would find the right X with the last 4 shares. With my suggestion under #2 it would be possible to be certain, but thats besides the point. A UUID has only 16 symbols, thus I can easily check by hand if the last digit gives me an advantage. If all 16 possibilties would result in a win for e.g. slot 99 and a high chance for 98 and 97 I could invest at a higher chance of success than those that do not analyse the seed. Thus it gives an advantage and your "well anyone can do it" will certainly not cut it for those that did not think about this in advance. You are marketing it as a fair game, thus it should be solely based on chance and not partly on skill. I don't know of another way to be more transparent and/or fair. I am open to any suggestions. As I suggested, use something random that can not be predicted as a seed. There is loads of data available and you could even combine several sources. If you insist to generate the seed yourself at least publish a hash of it instead of slowly revealing it. -snip- I know that my intent is honorable, and noone is going to change that, especially you. Your premise is flawed. Your intend or your words do not matter here, only what you can prove. You should not take any of this as an attack on you as a person. Frankly many here do not care about the person behind the nickname, we do care about your actions though. Saying "Im a trustworthy person" reminds me of joffrey. Trustworthiness can not be decalred. https://toddmpost.files.wordpress.com/2014/04/anymanwhosays.jpg The last part makes me think that you are using an alt, which makes you look more shady. This might very well be my paranoid though. -snip- With regards to the seed, it doesn't matter where it comes from. It does. The seed decides who wins and who loses, thus it is of prime importance where it originated. What if the seed were a mathematical calculation (perhaps an MD5 Hash (http://en.wikipedia.org/wiki/MD5#MD5_hashes) of the 100 transaction ids of the shares)? Maybe not MD5 since its broken. The advantage is very slim though and would only work for the last person that creates a transaction. That person would also have to know how to use transaction malleability[1] as an advantage here. As long as its clear how to repeat the process and that the data used could not have been known in advance it should be fine though. [1] https://en.bitcoin.it/wiki/Transaction_Malleability Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: Snail2 on February 02, 2015, 09:32:04 AM So ponzis with decreased chances to make profit are now called raffle :). This is something good to know.
Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 02, 2015, 03:05:29 PM With regards to the seed, it doesn't matter where it comes from. I misspoke... I should have said "It doesn't matter to ME where it comes from." Quote Your premise is flawed. Your intend or your words do not matter here, only what you can prove. You should not take any of this as an attack on you as a person. Frankly many here do not care about the person behind the nickname, we do care about your actions though. Saying "Im a trustworthy person" reminds me of joffrey. Trustworthiness can not be decalred. First of all - let me just say "Kudos" on the entirely appropriate GOT reference. The only comment I would have is that the converse is not necessary true, because he calls me a thief does not necessarily mean I am a thief. But I take your point. Quote Use something you can not predict. E.g. the hash of the bitcoin block that confirms the last transaction. Something that is very hard to predict for those participating as well as for you. If I am understanding your point, the seed should be something that is not known until the last possible moment. In my mind, any aspect(s) of transaction that "closes out" a round is the most appropriate source of that information. In the case of an example transaction bef0e1c852ed343ea97f7df1f975427fb5e678e06d095b349aee45bf5f78213e (https://blockchain.info/tx/bef0e1c852ed343ea97f7df1f975427fb5e678e06d095b349aee45bf5f78213e), the block-height for that transaction is 341163. Examining that block reveals that the hash of that block height 341163 (https://blockchain.info/block-height/341163) is 00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da. If we use that as the seed, the list of dissolved shares would be obtained from this URL: https://www.random.org/integer-sets/?sets=1&num=30&min=1&max=100&seqnos=on&commas=on&sort=on&order=index&format=plain&rnd=id.00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da (https://www.random.org/integer-sets/?sets=1&num=30&min=1&max=100&seqnos=on&commas=on&sort=on&order=index&format=plain&rnd=id.00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da) Meaning the losing shares would be: 2, 5, 10, 13, 15, 17, 18, 19, 20, 21, 22, 28, 30, 34, 35, 37, 38, 44, 49, 50, 62, 63, 65, 68, 75, 78, 84, 93, 96, 97 Would that make it more palatable? Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 02, 2015, 03:08:41 PM So ponzis with decreased chances to make profit are now called raffle :). This is something good to know. Ponzi = Invest Early/Higher Chance of return (i.e. First in / First Out) Raffle = Random Draw If you look at the example above, you would see that investor 2 & 5 would be among the losers. That doesn't sound like first in first out to me? Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: elephantas1 on February 02, 2015, 04:17:02 PM So ponzis with decreased chances to make profit are now called raffle :). This is something good to know. Ponzi = Invest Early/Higher Chance of return (i.e. First in / First Out) Raffle = Random Draw If you look at the example above, you would see that investor 2 & 5 would be among the losers. That doesn't sound like first in first out to me? Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: lissandra on February 02, 2015, 05:34:03 PM ponzi or a raffle its the same thing if a third party doesnt hold it, which is what raffles do.
Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: stevetrac on February 02, 2015, 05:37:34 PM ponzi or a raffle its the same thing if a third party doesnt hold it, which is what raffles do. i know of no raffle where a third party holds the money . i sell you a ticket i keep the money to pay the prize'sTitle: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: redsn0w on February 02, 2015, 05:37:55 PM At the end everyone of us know that it is only a ponzi scheme , come on OP stop this BS.
Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: stevetrac on February 02, 2015, 05:52:24 PM At the end everyone of us know that it is only a ponzi scheme , come on OP stop this BS. it's a ponzi of sorts but the loser's are not the last one's in and if you look at most others around 3 quarters lose out ,with this it's 30% .less than playing the stupid dice games Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: micromen on February 02, 2015, 05:59:42 PM let's see how this goes before we invest LOL ;D
Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 02, 2015, 06:38:58 PM If I am understanding your point, the seed should be something that is not known until the last possible moment. In my mind, any aspect(s) of transaction that "closes out" a round is the most appropriate source of that information. In the case of an example transaction bef0e1c852ed343ea97f7df1f975427fb5e678e06d095b349aee45bf5f78213e (https://blockchain.info/tx/bef0e1c852ed343ea97f7df1f975427fb5e678e06d095b349aee45bf5f78213e), the block-height for that transaction is 341163. Examining that block reveals that the hash of that block height 341163 (https://blockchain.info/block-height/341163) is 00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da. If we use that as the seed, the list of dissolved shares would be obtained from this URL: https://www.random.org/integer-sets/?sets=1&num=30&min=1&max=100&seqnos=on&commas=on&sort=on&order=index&format=plain&rnd=id.00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da (https://www.random.org/integer-sets/?sets=1&num=30&min=1&max=100&seqnos=on&commas=on&sort=on&order=index&format=plain&rnd=id.00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da) Meaning the losing shares would be: 2, 5, 10, 13, 15, 17, 18, 19, 20, 21, 22, 28, 30, 34, 35, 37, 38, 44, 49, 50, 62, 63, 65, 68, 75, 78, 84, 93, 96, 97 So does anyone else concur that the method described here would presumably be more fair than the way it is set up now? Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: shorena on February 02, 2015, 07:43:13 PM -snip- First of all - let me just say "Kudos" on the entirely appropriate GOT reference. The only comment I would have is that the converse is not necessary true, because he calls me a thief does not necessarily mean I am a thief. But I take your point. Dont get me wrong. I am not calling you a thief I am just addressing flaws I see in your system in the hopes that it improves. -snip- If I am understanding your point, the seed should be something that is not known until the last possible moment. In my mind, any aspect(s) of transaction that "closes out" a round is the most appropriate source of that information. In the case of an example transaction bef0e1c852ed343ea97f7df1f975427fb5e678e06d095b349aee45bf5f78213e (https://blockchain.info/tx/bef0e1c852ed343ea97f7df1f975427fb5e678e06d095b349aee45bf5f78213e), the block-height for that transaction is 341163. Examining that block reveals that the hash of that block height 341163 (https://blockchain.info/block-height/341163) is 00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da. If we use that as the seed, the list of dissolved shares would be obtained from this URL: https://www.random.org/integer-sets/?sets=1&num=30&min=1&max=100&seqnos=on&commas=on&sort=on&order=index&format=plain&rnd=id.00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da (https://www.random.org/integer-sets/?sets=1&num=30&min=1&max=100&seqnos=on&commas=on&sort=on&order=index&format=plain&rnd=id.00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da) Meaning the losing shares would be: 2, 5, 10, 13, 15, 17, 18, 19, 20, 21, 22, 28, 30, 34, 35, 37, 38, 44, 49, 50, 62, 63, 65, 68, 75, 78, 84, 93, 96, 97 Would that make it more palatable? Certainly yes. It would remove a chance for you to get a peek at the results in advance and it would make cheating very costly. Its technically possible for someone with a mining pool to attack the game and withhold the last transaction(s) until an acceptable block is found. But I doubt any pool would rather attack your game than get the 25 BTC reward for publishing a valid block ;) Title: Re: [ANN] A Raffle that pays back 125% - Low Low Buyin - Unlimited Play Post by: mmxca on February 02, 2015, 07:48:53 PM Would that make it more palatable? Certainly yes. It would remove a chance for you to get a peek at the results in advance and it would make cheating very costly. Its technically possible for someone with a mining pool to attack the game and withhold the last transaction(s) until an acceptable block is found. But I doubt any pool would rather attack your game than get the 25 BTC reward for publishing a valid block ;) So now the question becomes, there is a single transaction of 5 shares sitting there on the site. Because it is so early in the game, does it matter if change the way the site works since there is no true impact to anyone? Or do I refund the 0.0125BTC and (reallizing this would cost him transaction fees to reinvest if he desires) he can reinvest if he desires? Title: Re: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: mmxca on February 03, 2015, 03:25:48 AM I have implemented the significant change that we have been discussing all afternoon. The seed for the random list of shares to dissolve is now derived from the hash of the block of the last transaction in the round.
I have also implemented a live online chat system. This is a significant change in the way that the winners and losers are chosen, but because it will not significantly impact the odds of winning for the player who purchased 5 shares when the game began, we are proceeding with the game as it stands, just not using the originally selected hash. We will use the new method to determine the list of insolvent shares. Title: Re: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: sellmybit on February 03, 2015, 03:27:32 AM Nice ;)
Title: Re: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: mmxca on February 03, 2015, 04:01:53 AM Nice ;) Hopefully this will quell some concerns that this is a scam. I look forward to people actually playing the game instead of tearing it down! Title: Re: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: stevetrac on February 04, 2015, 11:27:00 PM well the first 3 rounds worked perfectly for me and i've received payment , so will keep playing . once more volume joins in it will be perfect.
to the op for some reason i cannot seem to send a private message for the last couple of days , keeps coming up error not available .will try again tomorrow Title: Re: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: mmxca on February 05, 2015, 02:01:37 AM Starting to see more traffic and more share purchases. About halfway through round 4 at this point. Looking forward to the next round of payouts! I have added some features, as noted in the OP. The list of shares now gets updated via AJAX. I am also in the process of adding a "Unconfirmed" transactions section to the home page. Title: Re: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: stevetrac on February 08, 2015, 07:19:05 PM people play all the doubler sites and get stung but will not take part in a open honest game , you are all mad or is it just greedy
Title: Re: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: coinhugger on February 09, 2015, 11:06:55 PM Interesting site, i played and got paid out. It's fully automated and the game doesn't collapse like other ponzis do. It's a straight up raffle, where 70% of the tickets (shares) get paid with profit!
Do something fun with your BTC and give it go. :) www.theponzigames.com Title: Re: [ANN] A Raffle that pays back 125% - Now even **** MORE **** fair Post by: mmxca on February 16, 2015, 01:42:24 AM The "raffle" at www.theponzigames.com has been closed down due to lack of interest.
All active tickets at the time of shutdown were paid back. https://blockchain.info/tx/3045c36145a52590e9531b5e0ece7999e7f99dbbd04ff5ec50133742efee1ba5 At the time of closure, there were 54 (of 100) tickets active. Code: +---------+--------+------------------------------------------------------------------+---------------------+------------------------------------+ Stay tuned for the the pheonix to RISE AGAIN! http://drsmick.com/wp-content/uploads/2012/12/Level-27-Phoenix-Rising-1.jpg |
