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141  Economy / Gambling / Re: l0tt0.com on: July 24, 2023, 12:45:52 PM
well now its a scam

How can you say that? You have created your account in 2017, and you haven't created any good posts at all, and now you have replied to this thread by claiming it as a scam? Are you okay or you just replied out of no where, and yes, I recommend you to not posts such useless words if you aren't aware that what's going on.

As far as the project's authenticity is mattered then I don't thing that anyone who's doing a scam would pay of money to the participants even if the site is still going under construction. That shows that the owner of the site is really doing his best to make a good casino that would offer fair gameplay rewards to the users. I would also recommend you to no create any posts of replies without any proper proof because such allegations doesn't make sense at all.

He changed to *provably fair. server/client/nonce*. Thats why i said scam. No one believes in this provably fair

haha oh no? why dont you explain this to us.
142  Economy / Gambling / Re: l0tt0.com on: July 22, 2023, 03:31:13 PM
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This idea will be perfect if there's already many players since the round might be stagnant for a long time if there's no enough players to fill 100 spot. I think hving an expiration date will make players refund their bets once the slot doesn't fill for a long time.

Any ETA on the launch?

thats a good idea. this wednesday. give or take a day.
143  Economy / Gambling / Re: l0tt0.com on: July 21, 2023, 07:21:24 PM
@Dewez, This is just a wild idea after reading the login option discussion above, I remember a very popular decentralized casino here called directbet.eu that doesn't require an account to place a bet. It only needs a Bitcoin wallet address to log in. The casino just provides a unique wallet address to place a bet using the specific wallet address that the user uses to log in on the website. There's no casino account but the user can bet by sending Bitcoin to a unique address and then automatically sending a payout to the same address if he wins. Having this kind of feature can make users make a quick bet without the need to deposit on a casino account.

I just hope that you will introduce a one-time big-time lotto game such as once a day result with a huge prize pool for fixed ticket value like the classic lotto games.

so my first version of l0tt0 was like it.. no login, winnings sent to the address you paid from, but most people don't have their btc in a personal wallet. its on an exchange, paypal, etc. and the address you send/withdraw from can't recieve payments.. i mean they can, but it will not get credited to your account.

regarding the big lotto game.. i have one. mega lotto. my plan is to add it once the site gets some steady activity. its a fun game. 100 numbers to bet on (0-99), once all 100 numbers are bet on, the winning number is triggered. winner takes all. bets start at $1- which increases if the current game is completed in less time than the game before.. if longer, it goes down. it will be a fun addition. just need activity.

144  Economy / Gambling / Re: l0tt0.com on: July 21, 2023, 12:01:15 PM
you would really prefer username/password login? I just hate that system. the current system is so elegant. I was thinking of emailing a code- which you type it, to help with people on different devices.

The question is, will you implement a system based on your preferences or based on player's preferences? As we all know the username with password system is the most used one in most all casinos which means most players are familiar with this system already. Having different account system is unique but I think you should also add the most used system too.


it's not about my preference. it's not secure. fact.. with cracking power nowadays- ANY leaked password is a death sentence. I can promise you that 75% of people use one form of a password, or god forbid the same. yes, i would salt and hash them... but this is a system we need to get away from, actually run from.

i just figured that with 2f being so wide spread- people have access to their email on the reg, people with crypto should be used to it. the device thing, i totally get- which is why i'm adding a code email where you can type it in.

but username and passwords? shit guys. i thought we were better than that. i'm the one who will have to deal with hacked accounts and jacked btc.
but i mean...... if that's really what people want... maybe i can come up with something.
145  Economy / Gambling / Re: l0tt0.com on: July 19, 2023, 10:59:21 PM
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If there is time for more updates maybe you can think of a way to optionally remember login details, so that I dont have to enter email address and click to login on website every time.
Another important thing for me is good Support, because I had bad experience with other casinos, so don't forget to work on that part.

you would really prefer username/password login? I just hate that system. the current system is so elegant. I was thinking of emailing a code- which you type it, to help with people on different devices.

support- I agree.. I will be adding a ticket system after launch, but not now.
146  Economy / Gambling / Re: l0tt0.com on: July 19, 2023, 03:49:50 PM
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You are the only developer working on website?
I see no problem when websites are under construction, but please try to announce this in forum or in social media next time.
Website is now working fine for me but I didnt see any big visible changes.

I'm the sole php developer. I have a designer and two css people. Can't do everything.. But when it comes to the functionality of my site, I enjoy knowing how everything works and not relying on anyone else. In the past, I've been in the position of having my php guy quit and being left to someone else's code. Never again. Also when it comes to deposits, I want to be the only person with access to the wallet and its code.


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I believe the owner is not aware that campaign can be pause temporarily while the update is ongoing. There’s no result being made for signature campaign at this condition since no one can try the casino if ever someone click the participants signature campaign.

However, I understand too if they to promote the brand as prepartion when their website become online so that user here will don't forget their existence since they already have the introduction before. The owner last login is yesterday so I think he is aware on what's happening here. I'm excited on what's coming here since the owner is very creative on his games.

heh. of course I am. I just didn't see a reason for it. I certainly would if it was an standard ad campaign.. that would just be silly. but our sig people are building up posts which will pay off later. Plus...... isn't there something just so fun about it? haha. two weeks of sending a sig camp into a come back soon page? Maybe I'm just nuts, but I feel it builds anticipation- and in some small way, trust.

Regardless of all that, I didn't want to pause on our sig people just to save a few bucks.
147  Economy / Gambling / Re: l0tt0.com on: July 19, 2023, 02:43:11 PM
whats up everyone.
so the new launch will be next wednesday. 7/26

CHANGES:
-I changed the site to provably fair. server/client/nonce. As much as I loved my original idea of using the price of bitcoin for the winning numbers- its an uphill battle. It's just better this way, so thank you for your input. Maybe I can use that concept in a single game- or down the road with some other project.
-I have added a bet history, wins and loses, for all games. I have also added a view bet option- so you can see the game outcome for every game played.
-I have added a new game, Lucky 7's. And have two other games in the pipe.

I think these changes will make for a great re-launch. I'm excited to see what everyone thinks. I thank you for your input.

Josh
148  Economy / Gambling / Re: l0tt0.com on: July 01, 2023, 12:00:43 PM
I think developers from l0tt0 website are working hard on improving website and make changes, well I hope they are doing that Smiley
When I wanted to visit website earlier today I saw this message that website is Under Construction and they will come back shortly.
Maybe dev and dewez should say more about this.




Yup... So. Making some changes. btw, I'm the developer. Smiley
I'll have it back up over the weekend. Adding two more games and changing the provably fair. Also adding a bunch of other stuff that was brought up in this thread.

Sig camp is still going- all good. I will update more later, sorry I've just been working.
149  Economy / Gambling / Re: l0tt0.com on: June 24, 2023, 11:46:42 AM
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This is true, A campaign that can run longer with small number of participants with quality post is more effective than hiring a bunch of user and only run for a couple of weeks. I just notice that the campaign management is promising long term campaign yet the escrow budget of the campaign is only one week. I think you can use the style of Cro2 team on handling campaign management if you want to show that the owner is serious on the longetivity of the campaign.

You can escrow a campaing budget worth of 1 to 2 months then refill it when the balance is dropping on a certain level. This will increase confidence your campaign as well as the casino because it proves the commitment of owner by spending a lot with their marketing here.

Yeah I agree. I'll do that.
150  Economy / Gambling / Re: l0tt0.com on: June 23, 2023, 04:46:30 PM
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Well their pattern of advertising and marketing is not an aggressive one maybe they choose that way as s result of their budget but from experience, I think it would not take them anywhere as it would have no effect on their campaign and project as a whole.
Just as you have opined, it needs more participants to create awareness for people to know what their project is all about. This would touch every part of the platform including local boards too.
I will suggest the team looks into this otherwise they would just be wasting resources when they are not being able to get the attention of the masses  as a result of their campaign funds which is nothing compared to others. If truly they want to grow, they should do the needful as regards their signature campaign.

I've got it covered. Thanks.
151  Economy / Gambling / Re: l0tt0.com on: June 22, 2023, 11:09:41 PM
the site and the games seemed innovative to me, but the question is the following: before creating your gambling site, did you do any research to find out if there is a lot of demand for games of this type? because what I have observed over the years is that people are more interested in dice games, sots, sports betting, card games, but have no interest in lottery games, many lottery sites have already appeared in this forum and in the last ones years I don't see the ann thread of these lottery sites having any active comments

this shows that people, despite putting money into gambling, something that depends on luck, they don't put money on lottery games, which is also something that depends on luck, maybe they don't put money on the lottery because they look at the lottery as something very harder for them to earn money compared to slot games or sports betting. anyway I believe that with your signature campaign running we will have a good idea if these lottery games have really attracted people's attention or not. Do you intend to do some kind of contest and promotions? this has also helped a lot in marketing
Sometimes you have to create the demand in order to open up a new market. I can see this concept realized in the l0tt0.com gambling site that OP is advertising. Since as of now there’s no site that does the same thing as him, the market never got an opportunity to assess of whether this is something that they want or not. And with that being said if the execution of this project goes well, and if Dewez plays his cards right we might see this becoming the next big thing in crypto.

So it  doesn’t always have to be about “is there demand for this” sometimes you have to take that step forward and actually create the market to cater to people.

Well said.. I prefer the path that requires wielding a machette. I like your style Casdinyard.
152  Economy / Gambling / Re: l0tt0.com on: June 22, 2023, 10:44:15 PM
OP I was wondering if your lotto got all  it takes to operate as I did a search for your license. I did not see anything of that nature then what confidence do you think members here would have doing anything with your lotto.
I have no idea of this question has been asked by anybody but I am still curious to ask as well. Do you require KYC? What is the minimum age limit to take part in the lotto?
Are there restrictions for countries from taking part in the lotto game?
Please do well to answer these questions as they are very important to know.
As far as I know,  I think this casino will not be different from the many others we have around the forum unless for their mode of games which is based on only lottery without other gambling games such as dice,  slot and others.

I am sure a license may not be available since I didn't see them mention that on the website.

License and restrictions are my major concerns because one can not deposit and have a big win and all of a suden, they are told that they are not eligible for the win as a result of their country ip or possibly they start demanding for KYC as a result of the fear of paying out a huge some of money which is not a good one.for their entity as a whole.

A License doesn't stop cheap bastards from being cheap bastards.. But I kinda hear you. Anyway, we have no restictions.. I'll be moving it to CR.. and their only restriction is to CR citizens, oddly enough.
153  Economy / Gambling / Re: l0tt0.com on: June 22, 2023, 09:10:34 PM
OP I was wondering if your lotto got all  it takes to operate as I did a search for your license. I did not see anything of that nature then what confidence do you think members here would have doing anything with your lotto.
I have no idea of this question have been asked by anybody but I am still curious to ask as well. Do you require KYC? What is the minimum age limit to take part in the lotto?
Are there restrictions for countries from taking part in the lotto game.
Please do well to answer these questions as they are very important to know.

Since we only accept btc and payout in btc- we aren't a money service company. therefore it's perfectly legal to opertate in the US, since bitcoin is not a regulated currency- and the gambling act only restricts gambling to regulated currencies, like the USD. With that said, I have incorporated offshore and will be licensed in the upcoming months. It's not cheap..
So for now the site is owned and operated under a US corporation. You must be 18+. And again, KYC only comes into play when you are tapped into the banking world, ie take cash deposits. Although, that's a gray area still.

In all honestly, it's the wild west right now. The legislation is too slow and our current laws were not ready for a globally adopted unregulated currency, like bitcoin. This is the example my lawyer gave me... If you owned a bar (in a state where gambling was illegal), you could have a slot machine that accepted gumballs, and paid out in gumballs. The machine it self isn't illegal.. But that all changes when It accepts regulated currency, ie quarters. Now.. gumballs (like btc) do have a market value... And some states do have gambling laws that go further than Federal Law, which prohibits gambling of anything of value. But as you can imagine, that's a hard law to enforce, and state AG's have bigger problems. So again, for now, I'm running it within the US, but will move it offshore and get a license soon.

A quote from my lawyer... "It's all a matter of risk and the size of your balls." (I'm quoting him, but not legally quoting him- since he told me not to. heh)

Now, what does this mean to you- the player? Nothing. You are not doing anything more illegal playing on my site than say stake. It's all about the country/state you live in. If you feel comfortable (legally) playing at other casinos, you should feel the same playing at mine.

I hope that answers your question.
154  Economy / Gambling discussion / Re: l0tt0.com - provably fair conversation on: June 22, 2023, 06:50:42 PM
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155  Economy / Gambling discussion / l0tt0.com - provably fair conversation on: June 22, 2023, 06:50:29 PM
Hello,

I'm Josh- I recently launched my latest project, l0tt0.com. It's a bitcoin instant lottery + casino site. At first, I was going to make it a tradional lottery site. But soon realized lottery sites are boring as hell.. Regardless, I came up with the idea that the winning number should be drawn from the price of Bitcoin. If the winning number was drawn at 11PM daily, and at 11PM the price of btc was say $29,021.59... the winning number would be 59 (the last two decimals).
9
I then signed up for some API's to get access to prices etc. I soon noticed that CoinCap (https://api.coincap.io/v2/rates/bitcoin), CoinGecko (https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=USD&precision=16) and CoinMarketCap (need a key to view it) offered btc prices that went well beyond the 2nd decimal.. After first seeing that they went way beyond the 2nd decimal, some to the 16th, other to the 12th.. 9th.. and so on.. I ditched the standard lottery idea and came up with instant games, now that I wasn't bound to just two digits.

So.. Currently my site takes prices from different exchanges (which update at different time frames) at 5 seconds apart, and ads the current with the last, divides by two and logs it in the db. So I get a price update thats smooth, and updates every 5 seconds... I have done calculations on the results, and with the price going down to the 16th decimal, its is as random as random gets. I have 1056873 price enteries to date- and when I run all of them through my bingo game, I get the correct odds...same as a RNG.

I have an API (https://www.l0tt0.com/api/price.php) that my games use. when you place a bet, it checks the price, sleeps for a second, checks again, and so on, until there is a change.. it then uses that price and it's decimals for the winning numbers for that game.

It's 100% legit. I don't mess with anything.... and the take away is, everyone is getting the same numbers. If you and I are playing my Quick Pick game, and we both bet on 11, both click the place bet button at the same time, we will win or lose together. ALWAYS.

The reason I creative this thread is because there were some concerns over this method being provably fair... I know it is, because I know my code and it's legit and honest.
What I'm a little stuck on is... how do I prove it to you?

Any ideas on what I can do, beyond my API (which allows for historical price view)? I'm looking forward to any constructive and clever ideas, so that I can get your trust and be provably fair without a doubt.


Thank you for your time,

Josh
156  Economy / Gambling / Re: l0tt0.com on: June 22, 2023, 05:48:52 PM
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If I did what you said, I would be denying someone a win and most likely giving someone else one.. Anyhow, there is a house edge. Casino's don't have to cheat man.
I've seen online casinos cheat. If you're honest, there's absolutely no reason to make people doubt your honesty if you can make it provably fair.

100%. I will start a new post about this so we can dedicate this topic there- and come up with something.

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Do you know how they come up with the last 16 decimals? I get that 2 decimals come from people buying and selling Bitcoin. Where does the rest come from?

Math doesn't stop at the second decimal point. but money does.
remember office space?

I'm more than willing to show or come up with a solution that will satisfy everyones concerns and earn the provably fair badge. Nothing to hide.
Let me come up with some initial ideas, and i'll make that post and link to it here. If showing a history isn't enough, i'm more than willing to show the results i get- and the addition.


UPDATE: https://bitcointalk.org/index.php?topic=5457238
157  Economy / Gambling / Re: l0tt0.com on: June 22, 2023, 04:54:31 PM
I considered setting something up to keep my own file of l0tt0.com results so that users could verify from my version that the results on l0tt0.com were the same for them as they have been for me. I think the best would be if us players could fetch the same details from Coinmarketcap and Coingecko and verify the results that way. I considered possibility of setting something like that up too but I cannot dish out cash for paid API personally for that.
Even with API access, you'll never be able to fetch the data at exactly the same time as l0tt0 does.
I actually got here after seeing your signature campaign thread, and the part about the 16th decimal made me curious.

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I guess it is a bit of a blackbox how Coingecko comes up with the result. As far as I understand they also use the Coinmarketcap API. And in both cases they use a paid API so we cannot see the results for free.
I think that's a bad basis to start from, for something that could otherwise be a nice (and unique) site.

You can add start and end's to our API. To show historical prices. I will post some examples shortly.
158  Economy / Gambling / Re: l0tt0.com on: June 22, 2023, 04:52:41 PM

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this is our API: https://www.l0tt0.com/api/price.php
which you can view historic prices. it's 100% fair because at the end of the day even if you DON'T trust how I get the numbers- you can CLEARLY see that everyone is getting the SAME numbers. if we both play Quick Pick, and both bet on number 11, and both of us click place bet at the same time.. if the next price update (in 5 seconds) has 11 in the last 6 decimals (one of the three winning numbers of the game) we would both win. therefore there is no way I could show you one number and someone else another..
It's still possible to cheat: even if everyone gets the same numbers, you could pick numbers in such a way that you maximize your own profit. Say someone with a $10 bet should have won, but instead you make someone else with a $1 bet win.
[/quote]

Your argument falls apart if there are 50+ people playing. If I did what you said, I would be denying someone a win and most likely giving someone else one.. Anyhow, there is a house edge. Casino's don't have to cheat man.

Everyone gets the same winning numbers.. straight from the two largest exchanges.
159  Economy / Gambling / Re: l0tt0.com on: June 22, 2023, 04:47:44 PM
I love the design of this website already. It's just amazing and reminds me of 90's games man. I don't know, the theme looks like that way.

So you have three games so far, which are Quick Pick, Line Bingo, and High Low. They are as simple as they could be and easy to play on-site. Saw the Bitcoin price API synched with the timer. Makes it more authentic when playing it live.

Moreover, I understand that you have newly launched the game but I can see only two winners playing here that is Boxxob and Josh. Also, I can't see losses here. Are they not shown intentionally OR...?

Hope so you will shed some more light on the above questions.

You should also get a good thread designer and have an amazing ANN. Refer to other casinos and since you have already good UI you should launch with a grand entry. Good luck.

Interesting.. you want to see losing bets? thats something I can certainly do.
Maybe what I'll do is add two buttons, default shows activity and a second for leaderboard with top wins.

Thanks for the input, I'll add it to the list. It will be changed over the weekend. btw- I'm glad you like the design.... 90's baby.
160  Economy / Gambling / Re: l0tt0.com on: June 22, 2023, 01:51:25 PM
The project has instant games with a unique take on where the winning numbers come from . They're taken from the last decimals of Bitcoin's USD price. We source our price information from two esteemed platforms, CoinGecko and CoinMarketCap. We have custom API's which deliver us updates every 10 seconds. We call one, sleep 5, then call the other. each is added with the last and divided by two. Thus giving us a steady price update every 5 second, going down to the 16th decimal.
Can you share exactly how I could reproduce your 16 decimals? I've only seen Bitcoin prices with 2 decimals in dollars, and that's what most (if not all) exchanges use too.
It doesn't look like this can be made provably fair, which means it's trivially easy for you to cheat. I'm not saying you're cheating, but if it's not provably fair, players can never know for sure.

https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=USD&precision=18
there is the public facing api-goes to I think 11, 16 char is normally the high end of precision... the reason that public one has 11 decimals because there are 5 digits before the decimal point.. which takes 5 from 16, thus 11. We have a custom production one. same with marketcap.

this is our API: https://www.l0tt0.com/api/price.php
which you can view historic prices. it's 100% fair because at the end of the day even if you DON'T trust how I get the numbers- you can CLEARLY see that everyone is getting the SAME numbers. if we both play Quick Pick, and both bet on number 11, and both of us click place bet at the same time.. if the next price update (in 5 seconds) has 11 in the last 6 decimals (one of the three winning numbers of the game) we would both win. therefore there is no way I could show you one number and someone else another..

We log every one of our price updates and give you full access to them.


But why not an even better "random" alternative directly from the Bitcoin blockchain? Hash results, even total BTC block fee for even easier reading (which I last trialled for a giveaway).
i thought of that.. but thats every 10 minutes.
l0tt0's games are instant.. so that 5 seconds inbetween games is key.
One way to creating multiple rolls per Bitcoin block would be by mixing it with some sort of crash seeding event. At least that would make it provably fair, although the cut-off for new blocks, especially if you get an orphaned block, will still be tricky.



As for the wallet, thats not a bad idea.. but I could be posting anyone's wallet.
That's what signed messages are for.

Yes thats very true. I will post a wallet address. It's just a pain in the ass because a production wallet isn't like your personal wallet... I have over 500+ addresses with coins spread out across them. Consolidating them into one address would cost a lot in fees, and they would just naturally keep spreading out.
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