http://www.RaffleBit.com: The premier high-paced Bitcoin raffle venue, designed to accommodate as much as 1,800BTC raffled off: in one day! By limiting the amount of tickets available in any given raffle, RaffleBit.com is able to ensure that the small buy-in players always have fair odds, while there are still plenty of raffles every day for the big fish to make stable returns. This means that all players have a fair shot at winning raffles, and earning substantial Bitcoin, no matter the size of your BTC wallet!
By keeping the total pot size relatively small, you won't have to wait for weeks on end just to see if you've won something. You also have better odds of winning, and are able to play as many times a day as you want.
--> Buy-in is 0.1BTC, payout is anywhere from 5 up to 25 BTC per raffle.
--> All tickets & payouts verified on blockexplorer as links directly from the raffle page
--> AJAX user interface for watching the raffle progress live
--> Automatic winner selection and payout
--> Integrated random.org random number generation
--> Jackpot progress display
--> Total tickets bought display
--> Live transaction feed
Our winners are selected by listening to the random electromagnetic signals generated by the earth's atmosphere, converting that radio noise into a string of numbers, and grabbing one. In a way, you could say that we don't pick the winners at all: it's aliens/God/the sun/a black hole/psychic willpower.
http://www.random.org/statistics/The first step is helping me beta test the system. Just point your browser to http://www.RaffleBit.com and play some tiny raffles. For load testing purposes, the raffles are set at a 0.1BTC buy-in and a payout of .5-2.5BTC right now, so it'll be even more fast paced than normal.TBD:
-Ticket crediting via total btc sent per raffle instead of total 0.1btc entries per raffle
-Scalable DB system to support the above