@elm The entire pot is given to the winner. So 33% chance of winning all 30 BTC, etc.

@Litecoin Boss, Minimum deposit is 0.0002 BTC(blockchain fees), no minimum withdrawal. Withdrawal is instant, deposit takes 4 confirms(so ~1 hour). We should be going instant in the future, I'm just looking into the safety of it.

@elm You got the math right. Your pot's worth/total pot is your chance, and is shown below the pot, real-time. I'm fairly certain I'm missing something in this response, can you elaborate on what you don't understand? Thanks.

@s1ng It's a lottery funded by our fellow gamblers. No minimum withdrawal. Minimum deposit is 0.0002, as that is the blockchain transaction fee.
@s1ng Yes, if you want faster, lower winnings, go for the smaller pots. The long ones tend to accumulate more, though.

@Chemistry1988 Correct.

@elm What is ELI5?

At the end of the timer, a random BTC amount is generated between 0-and the total balance of the pot. If that numbers falls within the amount between the balance before and after you deposited, you win.
Example:
Player #1 deposits 0.1 BTC.
Player #2 deposits 0.6 BTC.
Player #3 deposits 0.3 BTC.
Player #1 deposits 1 BTC.
The tally is 2 BTC, and so a random 8 decimal precision number is generated between 0-2. Say that number is 0.45682849.
Player #1: 0-0.1
Player #2: 0.1-0.7
Player #3: 0.7-1
Player #1: 1-2
Player #2 wins.
I did some research into being provably fair, My developer made it use a cryptographically secure php function to generate that number.

We take 5% when you deposit it into the site, after that we take no more fees. The winner is determined by the following process:
Say player #1 puts in 10 BTC, #2 5 BTC and #3 15 BTC.
#1 owns 33.3% of the pot.
#2 owns 16.6% of the pot.
#3 owns 50% of the pot.
And they have these chances to win:
#1: 33.3%
#2: 16.6%
#3: 50%

As it stands, I don't know why the verification email goes to spam. I'm having a server specialist come in and setup a mailserver for us tomorrow.

Thanks for the tip --- I'll be getting our devs on this snap.

EDIT: I've created a more indepth page here: http://bitpots.com/htp.php
If that hasn't done the trick, can you guys tell me what you don't understand? --Thanks.

I updated the main post with further instructions, and added a link to the FAQ. If you have any questions, post here or email us at bitpotsofficial@gmail.com .