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Pretty positive site admins don't check this thread anymore... but I sent 0.01 and the site hasn't updated even with 11 confirmations on blockchain
edit: ahh. Last draw was 11 hours ago. I see,
Hi mnightwaffle, you are right, I wasn't checking the forum latterly... please apologies for the delay in getting back. I am working in having the system back online, please apologies for the inconvenience and rest assured that your tickets your be process and paid once this fix is done. The site is been online for almost a year now, we paid over 1000 BTC in prices to several players, with almost 1400 BTC in prizes, we have the biggest price pool for any Bitcoin Lottery Site. |
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BitMillions - Under Maintenance Notice
We discovered a bug on the system that was exploited by a player to steal the online pools.
As you described, the bug allowed the exploiter to create tickets with the same number twice, when that number was under 10, what allow the attacker to steal about 30 BTC from the site.
The bug is already fixed, but we are having problems getting it back online, since there are still some tickets from the attacker that are pending to be paid that need to be removed.
All valid tickets will be paid as soon as the system is put back online.
We are working in having the issue resolved... please apologies for the inconvenience.
Again, please don't panic, we are not a scam, we are just fixing a bug and once everything is resolved, we will be back on online and have all the pending tickets processed and paid.
Please feel free to PM me if you have any questions and again, please apologies for the inconvenience.
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Hi all, Just encountered bitmillions.com and found some strange and odd issues with their "lottery". I've read couples of topics about this "lottery" before registering and noticed that some people said that if they deposited "double digits", for example 0.05051234 they couldn't have change to win the jackpot, as their numbers were 05, 05, 12, 34. However, if number 5 is drawn, it is considered as many times as you entered it with your deposit: https://bitmillions.com/draws/276487This is the latest "win 3" combination and the winner "won" 7.188. I doubt that winner got paid, but where the hell did the pool prize go? Why it wasn't returned to the pool? I know that this lottery owner has been somewhat active on this forums, so maybe he has an explanation for this? e: After checking this further, there are numerous "double digits" wins lately, so definitely there's no point to put your money in this scam. Tomppa, we discovered a bug on the system that was exploited by a player to steal the online pools. As you described, the bug allowed the exploiter to create tickets with the same number twice, when that number was under 10, what allow the attacker to steal about 30 BTC from the site. The bug is already fixed, but we are having problems getting it back online, since there are still some tickets from the attacker that are pending to be paid that need to be removed. All valid tickets will be paid as soon as the system is put back online.We are working in having the issue resolved... please apologies for the inconvenience. |
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Hey there!
Just quickly wondering, and if so I have a question about how it works, I tried it for the shits 'n giggles, buying a ticket for 0.01, expected to lose, but hey, got 2 matches! Won 0.47BTC and 2 free plays, but I am not receiving any BTC, does this just take a while? And second, the freeplays, how do I use these? Thanks!
Sorry, I was not following the forum lately... you can reach me by email at charly@shatwo.comI am checking the problem with your ticket, again apologies for not seen your message early. |
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I've got an issue, I bought 10 tickets for 0.1BTC at once, entered the transaction ID to find my play : 3042440e44d71503ba62fef4e6bfd2c10709dbdd365d9c90f97532a7ff8e0f4f And it just shows a blank page.. http://puu.sh/2UL8z.jpgI've used this before and it worked then. Sorry for the delay in answer, I will check on that... |
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I'm curious, how do you deal with orphan blocks? Do you consider it to be a valid block for your draw as well?
Same as Bitcoin-QT does, when we receive a Block ( from Bitcoin-Qt ) we Twit, determine the winning numbers and process plays. If for some reason there is a correction on the Blockchain, we remove the invalid block, the plays for the invalid block and proceed to re-process the new valid block. That is the reason why we wait for 6 confirmations before send a payment. hmmmm, so, IMO, you really should put this as a warning in the help page. Let's say someone bought a ticket for one draw and wait until the draw occur too see the result and let's say the ticket won the jackpot for 4 hits, if the player don't have in mind that the block can become orphaned later, he probably will be disappointed and maybe angry by the fact he wasn't warned that the results can be reprocessed. And this can lead him not play here anymore. Good point, I though it was obvious that and invalid block won't count... but you are right, is a good idea to add it to the FAQ. Thanks! |
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I'm curious, how do you deal with orphan blocks? Do you consider it to be a valid block for your draw as well?
Same as Bitcoin-QT does, when we receive a Block ( from Bitcoin-Qt ) we Twit, determine the winning numbers and process plays. If for some reason there is a correction on the Blockchain, we remove the invalid block, the plays for the invalid block and proceed to re-process the new valid block. That is the reason why we wait for 6 confirmations before send a payment. |
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One suggestion: How about paying out affiliate payments once it reaches 0.01? Creates quite a bit of small dust, and you're spending a lot in TX fees
Agreed TradeFortress, we are working into that... I have than in my TODO List, have no timeline yet, but it will definitely be done. |
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Amazing! Congratulation... Porche Index?
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They have a lot of troubles to accept payment over the internet, they accept Bitcoin on westernunion.com and pay cash at any location, that could be a win-win for Bitcoin and WU.
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Just wanted to comment on a great design for your site, ShaTwo; I played a few times and really enjoy the feel of having a real "ticket" showing my bets. As a web designer/developer myself, I appreciate the design; Kudos!
Thanks midnightlightning! We worked hard on the design! A few suggestions, though, from me as a designer (if you don't mind): One design choice I'd change is the style of the "Ticket Total Wins" header: to me the gold coloring doesn't make that line pop, and that's a line that I really want to see at a glance. Everywhere else on the site, gold/tan is a background color, which may be why it looks diminished to me. Plus it's very close to the orange used by the "profit button" on each ticket/draw when the bet was lost. Would you consider changing it either to green to match the color of a winning "profit button" or red (matching the "with this luck..." line beneath it) to really pop? Also, what's the meaning behind the gold coin that's used next to the "Total Ticket Wins" header? I'm not sure what the imagery is in the middle of the gold coin; is that a cross? Or scales? Is there a reason it's not a Bitcoin "coin" like the coins used on the pool size table on the home page? And the blue "Lotto" logo that's used on the detail page of any draw; was that left over from an earlier design? You have no blue anywhere else on the site, and the two "o"s in that logo look like they are two parts that combined into your current logo. I totally agree! By the way the Lotto Logo you mention was an option to replace the Gold Coin you mention... I also didn't like that header at all, but since we already we a few weeks behing schedule, we decided to launch anyways and change it latter... but that "latter" became longer that I thought. And finally, I agree with the comment that the display of the current jackpot size is misleading. Currently the big red box at the top of the site reads 1281.0461, but below it on the home page, pool 4 shows 1,245.0662 (and 35.66749 for three, and 0.312348 for two). If you add up the current pools 2, 3 and 4, you get the total in the red box. However, since the winner only takes 50%, I'd really like to see the red box show 640.5230 in that case, as that's the true winning jackpot at the moment. The listing of the pool sizes on the home page can stay as they are, since you have right beneath it that 50% of the pool is retained, but maybe have a separate table for "what you'd win right now if you matched 2, 3, or 4 numbers", which would show 640.5230, 17.9899, and 0.1562 respectively. Having the "current pool" and "you win this amount" tables combined isn't accurate and rather misleading.
I totally understand your point, but when looking at any lottery site in the world, they all present it on the same way... so I honestly taked as a standard way to do it. Great site, and great responses to feedback in the forum, keep up the great work!
Thanks  |
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You guys are correct, technically the house fee should be in around 8.5% ( Edited )
From that we need to deduct our costs:
The thing is that gamblers don't care what you spend the house edge on. They just want to know how much you pay out and how much you keep. Whether you spend your 8% house edge on advertising or drugs doesn't make a different to me. I still only get 92% of each bet back on average. A casino won't say "our house edge on roulette is less than 1% because we give you free drinks while you play and it cost a lot to build the casino in the first place". I know Dooglus, that is why I edited the comment... I always claimed the House Fee is 10% of lossing bet, never really taked the time to do the math as you guys did. Thanks for that! |
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Very nice site! Congratulations!
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You guys are correct, technically the house fee should be in around 8.5% ( Edited ) From that we need to deduct our costs: - Transaction Fees - Partners & Referrals - Hosting & CDN ( CloudFlare ) - SEO & Advertising Also risking of initial investment of BTC 1,300 in Prizes, plus the cost of building the site. I guess after all these costs the net margin is much more lower than 7%, specially since we treat the BitMillions.com website as a Partner (at 50% RevShare) and use 100% of those funds for the marketing of the site. The real action will come when we reach a BTC 5,000 JackPot, in our simulations, we got as higher as BTC 13,000 with an Exchange of $80 could be around $1,000,000 Dollar Pot! That will be interesting. I really think we will get there one day |
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they take 10% of losing tickets, so their house edge is 7.5% in average, national lotterys take a minimum of 30%
Not only that, traditional lotteries as I posted before: State Loteries- 40% Goverment & Administration Fees (*1) - 30% Lump Sum Deduction (*2) - 43% Goverment Taxes Deduction (*2) Players Spend in Tickets: $10.000.000.- JackPot is $6.000.000.- Paid as Lump Sum: $3.900.000.- After Taxes: $2.223.000 BitMillionsTotal Players Spend in Tickets: BTC 138.000.- Total Prizes Paid to Players: BTC 127.650.- All prizes are fully paid as Lump Sump & with no Tax Deductions as soon as the player ticket got enough confirmations ( Each Player is responsable for reporting to his Tax Jurisdiction ) In SumaryAt same amount of Bets BitMillions will Paid Back to Players: BTC 127.650 ( Around $9.255.000 with BTC at $72.5 ) State Loteries Paid Back to Players: $2.223.000 Of course this is a basic example, since there is Sale Taxes, Smaller Jackpots, etc, that are not tacked into consideration. And we are not even talking about the transparency and the Provably Fair Winning Number that make it imposible to the operator to cheat on the results. Sources:(*1) http://www.ncsl.org/issues-research/econ/lottery-payouts-and-state-revenue-2010.aspx(*2) http://www.forbes.com/sites/janetnovack/2012/08/15/how-much-tax-will-you-owe-on-that-320-million-powerball-jackpot/Disclamer: Since we only charge in Lossing Bets, and chances of matching 1 are 1 in 6.86 we estimate that the house fee is around 8.5% and not 10% [EDITED] House Fee Edited as corrected bellow. |
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mathematically speaking:
each big number has 154 characters, so it can be divided into 77 numbers with two digits
the first 5 numbers with 2 digits are skipped, so there are 72 numbers left
so the best chance to it happens is:
(1/100) * (1/50) * ((1/33.33) ^ 69) = 1.6803 * (10 ^ -109)
so, this will never happen
Thanks for the further clarification BRules! |
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Once you get that last hash and it is converted to decimal numbers, why do you skip the first 5 pairs?
No special reason to chose 4, it could have been any number. But the idea is that we will be able to use the same Big Integer to different games. In another game we just skip 10 pairs and got 4 completely different numbers from the same hash. Also, what if the resulting numbers were extremely repetitive and less than 4 unique pairs could be grabbed?
Repetitive numbers are also skipped, the algoritm will grab the next pair until 4 unique pair of numbers are obtained. Take a look to Draw # 225.098 for example ( https://bitmillions.com/draws/225098 ) the second [21] is skipped, because is already included in the winning numbers. What would be the winning numbers in such extremely unlikely case?
As stated above, is not a problem and it will never happen. |
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Given the recent spike in interest in Litecoin, there may be a lot more people looking for a JSON type API. Drum roll please. Introducing JSON API for Litecoin! Brought to you by Litehosting.org Check it out by clicking hereGreat work thanks! I am not very familiar with Litecoin, do you guys have: - createrawtransaction - decoderawtransaction - getrawmempool - getrawtransaction |
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Hi, at my company people are allowed to give presentations about new ideas and technologies and I got permission to do one on Bitcoin next week. I want to create some kind of presentation (powerpoint, prezi, whatever) that will help me explain Bitcoin in a clear fashion.
Has anyone done this yet or can anyone point me towards resources that will help me do it?
Thanks!
Check out http://www.youtube.com/watch?v=klKGVDmJWa0I think is a great way to give a presentation about Bitcoin |
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