I have a question...

What is the purpose of joining with you for Bitlotto Jr? I looked at your site, and it costs .06 BTC for one share through you. And on the Bitlotto site it costs only .05 BTC for one entry, and I would win way more that way instead of dividing it up.

There is probably something I'm not thinking about because there's a lot of people buying from you

If you have any questions, ask here or via the other contact methods on the site.

Because of the more expensive ticket rate, compared to BitLotto Jr, syndicate members can also purchase a 'share' of a ticket.

Tickets are split into shares. Each share is 1/10th of a ticket (so there are 10 shares per ticket). This allows members to share a whole ticket with other members... meaning more people can join in and reap the benefits of playing lotteries in syndicates.

I just bought in on 10. I never got an option to enter a receiving address. Im guessing you just shoot the winnings back to the address they came from? Can someone clarify this for me

Congratulations! Your syndicate won!!! Payment sent to address listed at bitlotto.com/jr.php  

Hey there. I just need some confirmation that you would never change the payout method(currently proportional) in the middle of a round. I put in my bets in under the condition that payout is proportional. Thanks!

No you where quite right in doing it proportionally. Every ticket sold increases the chance of the syndicate to win. If you buy 5 shares you should get 5 parts of the win, similarly to the lottery overall.

The charge is fair, you should however make it clear that this is the only cut you take, as its actually rather low. Considering that from the 0.01 you pay 0.0005 per ticket to actually purchase the lottery ticket.

I would NOT run a second syndicate as this would further complicate things. For example taking the big lottery you could simply divide it in shares. A ticket costs 0.25 BTC which is a barrier of entry for some newer players. You with the syndicate are in the perfect spot to enable low rollers to take part in it. Set a fixed ratio of for example 1/10. So each share costs 0.025 BTC + 0.01 in fee's (that might be much as price is so low but would encourage to buy more shares at once so less work for you). Then offer to sell any number of shares. If I would buy 20 shares for example I would actually be paying for two full tickets, its just written differently.

The risk you then have is that in the end you might end up having sold for example 101 shares, enough for 10 tickets but you are lacking 9 shares or 90% of the last ticket price. This is the worst case scenario. Either invalidate the share bought last (you have to be up front about it) or "swallow" the risk and force yourself to buy the last 9 shares for yourself which likely you wont mind as you want to part take anyway (which I think is not a problem at all).

Also you should set a deadline x hours before the draw to ensure you have time to actually purchase all tickets (as you do it manually) and for the tickets to make it into blocks in time.

I believe that a proportional system would be better in the main BitLotto, because with the large jackpot, it wouldn't be fair if someone who bought one ticket got the same amount as someone who bought ten tickets.

I may join but it would have to be proportional.