Bitcoin Forum
January 21, 2021, 09:27:02 AM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4] 5 »
61  Economy / Marketplace / Re: Bitcoin Lottery: minimum just 0.01 btc! New draw: July 1 Current Jackpot .04 btc on: May 31, 2011, 09:32:09 PM
The expected amount here is exactly the same you put in.

My mistake, in the same post I simultaneously remembered and forgot that you aren't charging any fees.  Cheesy
Never mind.
62  Economy / Marketplace / Re: Congratulations to the owner of "19JWKd..."! Winner of 128 BTC on BitLotto on: May 31, 2011, 05:56:08 PM
I got 33 confirmations.  I can show you a screenshot.

I know the address is correct as I copy and pasted it.

I'm just not sure if I'm missing something on this.
I mean your sending adress.
63  Economy / Marketplace / Re: Congratulations to the owner of "19JWKd..."! Winner of 128 BTC on BitLotto on: May 31, 2011, 05:43:13 PM
I sent 1 in but don't see it on there.. ummm
And do you know for sure from which adress it is sended? Remind that Bitcoin sends it from the adress where you recieved it.
64  Economy / Marketplace / Re: Congratulations to the owner of "19JWKd..."! Winner of 128 BTC on BitLotto on: May 31, 2011, 05:40:50 PM
I sent 1 in but don't see it on there.. ummm
Does your client say 'confirmed'?
65  Economy / Marketplace / Re: Bitcoin Lottery: minimum just 0.01 btc! New draw: July 1 Current Jackpot .04 btc on: May 31, 2011, 05:27:18 PM
Can't you just send 100 BTC into the fund a few minutes before the draw closes, and then almost certainly win everybody's bitcoins? Then use those bitcoins again for the next lottery.
Yes, the chance of winning is proportional to the amount. You have also a small chance of loosing (almost) all your bitcoins if the average is small. It is about the same as buying almost all tickets of a lottery. And if you win, you almost win nothing (compared to your 100 btc)

Yes, like any lottery the expected amount of winning will be less than the amount you put in (unless you are the only person playing the lottery). But since you're you, you can just choose not to pay out the money in that case and leave the forum forever. You don't make any profit from this lottery (or any future lottery) so you have no reason to hang around.
The expected amount here is exactly the same you put in.
It is just the fun. Maybe some day I create a lottery that does make some profit, but for now I leave it this way. Making 1 or 2 percent profit is also not worth the time you put in it (or the Jackpot must be really really high).
66  Economy / Marketplace / Re: June 1 BitLotto draw now worth over 1000 USD or 114 BTC! on: May 31, 2011, 04:58:17 PM
Hmm. Mention a large lottery and a bunch of other ones sprout out.  Shocked Hopefully it doesn't shrink all the current lotteries!  Wink

For those who want to play some of the other lotteries:
-beware that some *could* be scams - I've seen some but luckily I think the most they made out with was 10 BTC or so...if I remember correctly
-if all they say is send money to: (address) without explaining what ways to send from DON'T DO IT
-beware those who are *picking randomly* but they have no system for independently verifying the random number - DON'T DO IT - they could easily enter themselves and then "randomly" pick themselves

There are some that do seem legitimate and are trying but there are also some that look like scams. Some are seeing BitLotto and thinking they can get that kind of jackpot without setting up a cheat proof system or building trust, hoping to run with some BTC.

Just worries me after reading some of the announcements....I welcome honest competition so if any others are looking for advice or help, I'm willing!
You deserve a big THANK YOU  Grin for helping me =).
67  Economy / Marketplace / Re: Bitcoin Lottery: minimum just 0.01 btc! New draw: July 1 Current Jackpot .04 btc on: May 31, 2011, 04:45:10 PM
Can't you just send 100 BTC into the fund a few minutes before the draw closes, and then almost certainly win everybody's bitcoins? Then use those bitcoins again for the next lottery.
Yes, the chance of winning is proportional to the amount. You have also a small chance of loosing (almost) all your bitcoins if the average is small. It is about the same as buying almost all tickets of a lottery. And if you win, you almost win nothing (compared to your 100 btc)
68  Economy / Marketplace / Re: MegaBit Lottery! New lottery with high entry price! on: May 31, 2011, 03:45:21 PM
Seriously?
You don't even inform them all the requirements to enter. It's not as simple as just send money. There are going to be many tickets you have no idea where they come from. They would be pretty much donating to you. And, even though the source of the random number is fine, since you don't give a time, or how you are going to pick it and people verify it, it's kind of useless.

Why should there be requirements? All i need is the wallet address, and then i random with that.. So it is completely anonymously..

And yeah.. i need a time..
But users can't verify that you are indeed picking random a winner.
69  Economy / Marketplace / Re: MegaBit Lottery! New lottery with high entry price! on: May 31, 2011, 03:09:15 PM
I think nobody wants a ticket worth more than 90 dollars...
70  Economy / Marketplace / Re: Congratulations to the owner of "19JWKd..."! Winner of 128 BTC on BitLotto on: May 31, 2011, 02:00:58 PM
How long does it take before what I send shows up in

http://blockexplorer.com/address/15N88gCoJU2pHguHPqFNCapXKvke7UCzr3

?
10-15 min usually.
71  Economy / Marketplace / Re: A little Lottery on: May 31, 2011, 01:20:59 PM
Actually, you can cheat. You can send the money to yourself for example.
You have to use a external random source you don't know and can't control before the date of draw, for example bitcoin block hashes.
72  Economy / Marketplace / Re: A little Lottery on: May 31, 2011, 12:44:48 PM
Both BitLotto and Bitcoin Lottery can't cheat. You can see how BitLotto did it at: http://www.bitlotto.com/details.html
73  Economy / Marketplace / Re: June 1 BitLotto draw now worth over 1000 USD or 114 BTC! on: May 31, 2011, 08:04:18 AM
And still growing Shocked. 124 btc now
74  Economy / Marketplace / Re: June 1 BitLotto draw now worth over 1000 USD or 114 BTC! on: May 31, 2011, 08:01:15 AM
Pretty much Wink
75  Economy / Marketplace / Re: Bitcoin Lottery: minimum just 0.01 btc! New draw: July 1 Current Jackpot .04 btc on: May 31, 2011, 06:00:51 AM
Paid it: http://blockexplorer.com/address/113Wq7ngZiqosdwrmjzXxmvf5boPUaQw95
(It is the one with date 2011-05-31 05:58:20)
Congratulations!
76  Economy / Marketplace / Re: Bitcoin Lottery: minimum amount just 0.01 btc! New draw: July 1 on: May 30, 2011, 10:10:28 AM
0.01 btc to go...

Jackpot for 3 July is 0.04 btc!
77  Economy / Marketplace / Re: Bitcoin Lottery: minimum amount just 0.01 btc! New draw: July 1 on: May 30, 2011, 05:31:12 AM
0.02 btc to go...
78  Economy / Marketplace / Re: Bitcoin Lottery: minimum amount just 0.01 btc! New draw: July 1 on: May 29, 2011, 04:08:20 PM
I need 0.03 bitcoin for the transaction... But I have only 0.36 btc because of the first six times bonus... So the wait is till I get some mining cents or new tickets.
79  Economy / Marketplace / Re: Bitcoin Lottery: minimum amount just 0.01 bc! 3 hours left... on: May 29, 2011, 02:03:19 PM
113Wq7ngZiqosdwrmjzXxmvf5boPUaQw95 won 0.36 btc!

The random key was

Xgh=P3cTMcCGV=<O7cg4cn@gVx>QMwywOa\3DyK^tW<gg5?eOCstqZUEF\a^5edlcI6Ob=sLjIl>9P?u]3GnD\X0f3ZXfJK><CbW

with tickets:
    ["1Km4sASEeKUWPtjRaSxmVghF5FfkadWVei",2],
    ["18uZGH42pcmHVtZ8sux7bCf8oJJtSCAAJs",1],
    ["1Jmn97kfJ6DBBCuft6Z1oW8e2Lwgheyr6s",2],
    ["1Jmn97kfJ6DBBCuft6Z1oW8e2Lwgheyr6s",1],
    ["1Jmn97kfJ6DBBCuft6Z1oW8e2Lwgheyr6s",1],
    ["1Myn229CXkW796kDrUd9obGbC43aYzeTAb",3],
    ["1368J5rDUheBr1kvaubWuDDFBnSaTcBogK",1],
    ["1EVP7etmA6RRBFW7sgf595QtiUxX3fs1Mt",4],
    ["1F35MvPKPSEc1L198dPR1weyXnkDG516fN",1],
    ["113Wq7ngZiqosdwrmjzXxmvf5boPUaQw95",10],
    ["1NcG2RD6SQ2DE34tuT2fEFy2BEBP1ritpA",10]
80  Economy / Marketplace / Re: Bitcoin Lottery: minimum amount just 0.01 bc! A few hours left... on: May 28, 2011, 09:09:00 PM
I sent 0.1, hope I'm not too late Smiley (also am I one of the six?)

No unfortunately not. Jackpot is now 0.36 btc. I will look tommorow who won. But let's say the game stops at 23:59:59 28 may UTC (3 hours). The others will participate in next lotto.
Pages: « 1 2 3 [4] 5 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!