Bitcoin Forum

Economy => Gambling => Topic started by: AlexanderSpamilton on November 25, 2012, 01:25:54 PM



Title: starting a lottery website
Post by: AlexanderSpamilton on November 25, 2012, 01:25:54 PM
hello all, i am interested in starting a lottery website.

what would be your best advice for hosting?

how to use zero confirmation to speed up process?

all transactions would be made public and house edge would be publicly stated as well

what are your thoughts?


Title: Re: starting a lottery website
Post by: AlexanderSpamilton on November 25, 2012, 01:34:29 PM
what would be the best way to have specific user accounts/wallets to deliver payouts? and coins to be processing confirmations there to avoid double spend


Title: Re: starting a lottery website
Post by: AlexanderSpamilton on November 25, 2012, 02:28:21 PM
would zero confirmations be the best way to go. i am a total n00b and just need some guidance. what libraries or APIs would be the best to implement into a lottery system like this


Title: Re: starting a lottery website
Post by: MPOE-PR on November 25, 2012, 02:51:25 PM
See here (https://bitcointalk.org/index.php?topic=124441.0).


Title: Re: starting a lottery website
Post by: AlexanderSpamilton on November 25, 2012, 11:27:32 PM
VOOUCH!! haha very helpful for a n00b


Title: Re: starting a lottery website
Post by: FreeMoney on November 26, 2012, 02:34:36 AM
For a lottery that spans a week or month 0 or 1 or 6 confirm makes almost no difference.

There is already a lottery with a 1% fee. If you want to break into the market you are going to need a guaranteed minimum imo. You probably will not get traction unless you are as transparent also, meaning all tickets send to one address so we know our tickets are counted and know how many there are and see the winner is paid properly.


Title: Re: starting a lottery website
Post by: Come-from-Beyond on November 26, 2012, 01:22:57 PM
what would be your best advice for hosting?

Google App Engine (https://developers.google.com/appengine/)


Title: Re: starting a lottery website
Post by: AlexanderSpamilton on November 26, 2012, 02:53:48 PM
what would be your best advice for hosting?

Google App Engine (https://developers.google.com/appengine/)

what about legality of hosting a gambling website? i mean is bitcoin real money or not yadahya? would there be a safer hosting service that would be less likely to take you offline...?


Title: Re: starting a lottery website
Post by: Come-from-Beyond on November 26, 2012, 03:02:06 PM
what would be your best advice for hosting?

Google App Engine (https://developers.google.com/appengine/)

what about legality of hosting a gambling website? i mean is bitcoin real money or not yadahya? would there be a safer hosting service that would be less likely to take you offline...?

Not sure about legality. I've never read their ToS :) Noone knows for sure if Bitcoin is real money or not. U could start with free Google App Engine and move to other hosting when ur project becomes more popular.