(OTTOLOTTO.IO) THE MOST TRANSPARENT BLOCKCHAIN LOTTERY AND GAMING PLATFORM!

[OTTOLOTTO]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

What do you mean? You are suppose to be the one that operate your site right? So why bothering about not funding your own site with big jackpot? By lowering or may be not supporting your own site will not get you any players to play. In order to make sure people plays on your site you should at least make something, like putting big jackpot which can attract more people to come to your site and play

Reading up its just normal for a lottery to accumulate amounts to its players to fill up the pot and basing the win on to that pot it isnt actually needed funds for its owner but on the deduction its way too high just like been said above no one will just wait for a year if funds is escrowed then its considerable but we do see up the demand of lottery games which isnt that interest isnt present which most them do die of sooner or later.

Okay, you can saying this if there is a lot of players which do not need to be funded again but the point is they lack of many players. In order to get more players they should bring out their best to make sure people are attracted. The only way is to bring out the big jackpot so everyone can claim for it. What deduction are you saying about? Are you saying about the deduction fee?

Im  talking about this:

The winning amount fully depends on the number of people playing. The 50% of all money goes to the “Jackpot” and 50% are separated between people who got ( 2–5 ) numbers.

Is this thing would really be appealing for you? 50% of winning will be put up to the pot and drawn once a year?

Basically what it means is as follows. Say that they generated about 100 BTC worth of bets for this lottery (probably never going to happen)

The Jackpot winner would get 50 BTC, and the next top 4 winners would probably get something like 12.5BTC each.

Not very appealing.

Hence the reason why these types of lotteries or raffles even if they are provably fair never really hit it off because you might as well just go on any dice site and play 9900x and hope you win big. That way you get your result right away instead of waiting.

Many different raffle and lottery bitcoin sites have tried in the past to be successful and they were all dead in a few months due to lack of interest.

Not only dead on few months ive seen most of them died in a matter of 1-2 weeks after launching. Why? Interest isnt really there and We have seen that most of gamblers are impatient when it comes to result thats why Dice games is booming up because of lightning or blink of an eye giving results compared to these lotteries. How much more they do put out this ridiculous allocation or division of winnings among other players as well. For the division itself it already sucks and the thing makes it worst is that 50% goes to the pot.

In my opinion there are ways to make a raffle or lottery type of site work and what they require is what all these sites lack and that is incentive.

If people were given say a free iPhone for every 100th ticket that they purpose for a lottery or even something smaller like free cloud mining for 24 hours after buying 10 tickets for the raffle, then I could see it working.

The site would need to be well trusted and have a great marketing staff pretty much what all of these sites lack.

There are many local lotteries that offer something similiar. The main prize is like $1,000,000 which nobody ever wins but if they buy like 10 tickets, some of those profits are donated to charities and such.

Thank you for your advice, but we want to make fully automated and decentralized platform with DAO in control of it. We would take to consider your proposition and thank you for making our platform better.

[BTCevo]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

What do you mean? You are suppose to be the one that operate your site right? So why bothering about not funding your own site with big jackpot? By lowering or may be not supporting your own site will not get you any players to play. In order to make sure people plays on your site you should at least make something, like putting big jackpot which can attract more people to come to your site and play

Reading up its just normal for a lottery to accumulate amounts to its players to fill up the pot and basing the win on to that pot it isnt actually needed funds for its owner but on the deduction its way too high just like been said above no one will just wait for a year if funds is escrowed then its considerable but we do see up the demand of lottery games which isnt that interest isnt present which most them do die of sooner or later.

Okay, you can saying this if there is a lot of players which do not need to be funded again but the point is they lack of many players. In order to get more players they should bring out their best to make sure people are attracted. The only way is to bring out the big jackpot so everyone can claim for it. What deduction are you saying about? Are you saying about the deduction fee?

Im  talking about this:

The winning amount fully depends on the number of people playing. The 50% of all money goes to the “Jackpot” and 50% are separated between people who got ( 2–5 ) numbers.

Is this thing would really be appealing for you? 50% of winning will be put up to the pot and drawn once a year?

Appealing? May be yes, in a year they should get big amount to be placed on their jackpot, mean while if they are not going to use their bankroll to fund this, I do not think it will works well. Because when people come to their site and see the jackpot, this will not attract them into buying some tickets. Once a year prize is like nothing if I can say right now, it is not really worth, not because of the 50% deduction

[Oilacris]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

What do you mean? You are suppose to be the one that operate your site right? So why bothering about not funding your own site with big jackpot? By lowering or may be not supporting your own site will not get you any players to play. In order to make sure people plays on your site you should at least make something, like putting big jackpot which can attract more people to come to your site and play

Reading up its just normal for a lottery to accumulate amounts to its players to fill up the pot and basing the win on to that pot it isnt actually needed funds for its owner but on the deduction its way too high just like been said above no one will just wait for a year if funds is escrowed then its considerable but we do see up the demand of lottery games which isnt that interest isnt present which most them do die of sooner or later.

Okay, you can saying this if there is a lot of players which do not need to be funded again but the point is they lack of many players. In order to get more players they should bring out their best to make sure people are attracted. The only way is to bring out the big jackpot so everyone can claim for it. What deduction are you saying about? Are you saying about the deduction fee?

Im  talking about this:

The winning amount fully depends on the number of people playing. The 50% of all money goes to the “Jackpot” and 50% are separated between people who got ( 2–5 ) numbers.

Is this thing would really be appealing for you? 50% of winning will be put up to the pot and drawn once a year?

Appealing? May be yes, in a year they should get big amount to be placed on their jackpot, mean while if they are not going to use their bankroll to fund this, I do not think it will works well. Because when people come to their site and see the jackpot, this will not attract them into buying some tickets. Once a year prize is like nothing if I can say right now, it is not really worth, not because of the 50% deduction

Its really too much for an amount to be deducted to put up on the jackpot. We have seen already new lottery sites and most of them already give out 60 seconds results or 1000 blocks which it will be more interesting to join up rather than on this one.Lottery sites can really ran their own even they dont have bankroll yet they can always accumulate and give winnings according to those people who bought tickets.

[adaseb]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

What do you mean? You are suppose to be the one that operate your site right? So why bothering about not funding your own site with big jackpot? By lowering or may be not supporting your own site will not get you any players to play. In order to make sure people plays on your site you should at least make something, like putting big jackpot which can attract more people to come to your site and play

Reading up its just normal for a lottery to accumulate amounts to its players to fill up the pot and basing the win on to that pot it isnt actually needed funds for its owner but on the deduction its way too high just like been said above no one will just wait for a year if funds is escrowed then its considerable but we do see up the demand of lottery games which isnt that interest isnt present which most them do die of sooner or later.

Okay, you can saying this if there is a lot of players which do not need to be funded again but the point is they lack of many players. In order to get more players they should bring out their best to make sure people are attracted. The only way is to bring out the big jackpot so everyone can claim for it. What deduction are you saying about? Are you saying about the deduction fee?

Im  talking about this:

The winning amount fully depends on the number of people playing. The 50% of all money goes to the “Jackpot” and 50% are separated between people who got ( 2–5 ) numbers.

Is this thing would really be appealing for you? 50% of winning will be put up to the pot and drawn once a year?

Basically what it means is as follows. Say that they generated about 100 BTC worth of bets for this lottery (probably never going to happen)

The Jackpot winner would get 50 BTC, and the next top 4 winners would probably get something like 12.5BTC each.

Not very appealing.

Hence the reason why these types of lotteries or raffles even if they are provably fair never really hit it off because you might as well just go on any dice site and play 9900x and hope you win big. That way you get your result right away instead of waiting.

Many different raffle and lottery bitcoin sites have tried in the past to be successful and they were all dead in a few months due to lack of interest.

Not only dead on few months ive seen most of them died in a matter of 1-2 weeks after launching. Why? Interest isnt really there and We have seen that most of gamblers are impatient when it comes to result thats why Dice games is booming up because of lightning or blink of an eye giving results compared to these lotteries. How much more they do put out this ridiculous allocation or division of winnings among other players as well. For the division itself it already sucks and the thing makes it worst is that 50% goes to the pot.

In my opinion there are ways to make a raffle or lottery type of site work and what they require is what all these sites lack and that is incentive.

If people were given say a free iPhone for every 100th ticket that they purpose for a lottery or even something smaller like free cloud mining for 24 hours after buying 10 tickets for the raffle, then I could see it working.

The site would need to be well trusted and have a great marketing staff pretty much what all of these sites lack.

There are many local lotteries that offer something similiar. The main prize is like $1,000,000 which nobody ever wins but if they buy like 10 tickets, some of those profits are donated to charities and such.

Thank you for your advice, but we want to make fully automated and decentralized platform with DAO in control of it. We would take to consider your proposition and thank you for making our platform better.

What you need to do first is update your first post in this thread with more info.

Basically go to
https://bitcointalk.org/index.php?topic=2417383.0

And there is an Edit button for the first post.

First thing you need to do is change the Topic title. Put in your website address and name in there.

Also put more info like the website address in the main post, remove most of the texts thats in there.

Nobody will scroll thru 10 pages to find a link to your site, you need to make it more user friendly.

Maybe consider hiring some type of design or webmaster to make your first ANN better and website. From what I understand highly skilled developers are usually bad web desigeners and vice-versa so maybe hire someone.

This site has potential but work must first be put in it.

[OTTOLOTTO]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

What do you mean? You are suppose to be the one that operate your site right? So why bothering about not funding your own site with big jackpot? By lowering or may be not supporting your own site will not get you any players to play. In order to make sure people plays on your site you should at least make something, like putting big jackpot which can attract more people to come to your site and play

Reading up its just normal for a lottery to accumulate amounts to its players to fill up the pot and basing the win on to that pot it isnt actually needed funds for its owner but on the deduction its way too high just like been said above no one will just wait for a year if funds is escrowed then its considerable but we do see up the demand of lottery games which isnt that interest isnt present which most them do die of sooner or later.

Okay, you can saying this if there is a lot of players which do not need to be funded again but the point is they lack of many players. In order to get more players they should bring out their best to make sure people are attracted. The only way is to bring out the big jackpot so everyone can claim for it. What deduction are you saying about? Are you saying about the deduction fee?

Im  talking about this:

The winning amount fully depends on the number of people playing. The 50% of all money goes to the “Jackpot” and 50% are separated between people who got ( 2–5 ) numbers.

Is this thing would really be appealing for you? 50% of winning will be put up to the pot and drawn once a year?

Basically what it means is as follows. Say that they generated about 100 BTC worth of bets for this lottery (probably never going to happen)

The Jackpot winner would get 50 BTC, and the next top 4 winners would probably get something like 12.5BTC each.

Not very appealing.

Hence the reason why these types of lotteries or raffles even if they are provably fair never really hit it off because you might as well just go on any dice site and play 9900x and hope you win big. That way you get your result right away instead of waiting.

Many different raffle and lottery bitcoin sites have tried in the past to be successful and they were all dead in a few months due to lack of interest.

Not only dead on few months ive seen most of them died in a matter of 1-2 weeks after launching. Why? Interest isnt really there and We have seen that most of gamblers are impatient when it comes to result thats why Dice games is booming up because of lightning or blink of an eye giving results compared to these lotteries. How much more they do put out this ridiculous allocation or division of winnings among other players as well. For the division itself it already sucks and the thing makes it worst is that 50% goes to the pot.

In my opinion there are ways to make a raffle or lottery type of site work and what they require is what all these sites lack and that is incentive.

If people were given say a free iPhone for every 100th ticket that they purpose for a lottery or even something smaller like free cloud mining for 24 hours after buying 10 tickets for the raffle, then I could see it working.

The site would need to be well trusted and have a great marketing staff pretty much what all of these sites lack.

There are many local lotteries that offer something similiar. The main prize is like $1,000,000 which nobody ever wins but if they buy like 10 tickets, some of those profits are donated to charities and such.

Thank you for your advice, but we want to make fully automated and decentralized platform with DAO in control of it. We would take to consider your proposition and thank you for making our platform better.

What you need to do first is update your first post in this thread with more info.

Basically go to
https://bitcointalk.org/index.php?topic=2417383.0

And there is an Edit button for the first post.

First thing you need to do is change the Topic title. Put in your website address and name in there.

Also put more info like the website address in the main post, remove most of the texts thats in there.

Nobody will scroll thru 10 pages to find a link to your site, you need to make it more user friendly.

Maybe consider hiring some type of design or webmaster to make your first ANN better and website. From what I understand highly skilled developers are usually bad web desigeners and vice-versa so maybe hire someone.

This site has potential but work must first be put in it.

Thank you, we appreciate your advice and we made slight changes.

[BTCevo]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

What do you mean? You are suppose to be the one that operate your site right? So why bothering about not funding your own site with big jackpot? By lowering or may be not supporting your own site will not get you any players to play. In order to make sure people plays on your site you should at least make something, like putting big jackpot which can attract more people to come to your site and play

Reading up its just normal for a lottery to accumulate amounts to its players to fill up the pot and basing the win on to that pot it isnt actually needed funds for its owner but on the deduction its way too high just like been said above no one will just wait for a year if funds is escrowed then its considerable but we do see up the demand of lottery games which isnt that interest isnt present which most them do die of sooner or later.

Okay, you can saying this if there is a lot of players which do not need to be funded again but the point is they lack of many players. In order to get more players they should bring out their best to make sure people are attracted. The only way is to bring out the big jackpot so everyone can claim for it. What deduction are you saying about? Are you saying about the deduction fee?

Im  talking about this:

The winning amount fully depends on the number of people playing. The 50% of all money goes to the “Jackpot” and 50% are separated between people who got ( 2–5 ) numbers.

Is this thing would really be appealing for you? 50% of winning will be put up to the pot and drawn once a year?

Appealing? May be yes, in a year they should get big amount to be placed on their jackpot, mean while if they are not going to use their bankroll to fund this, I do not think it will works well. Because when people come to their site and see the jackpot, this will not attract them into buying some tickets. Once a year prize is like nothing if I can say right now, it is not really worth, not because of the 50% deduction

Its really too much for an amount to be deducted to put up on the jackpot. We have seen already new lottery sites and most of them already give out 60 seconds results or 1000 blocks which it will be more interesting to join up rather than on this one.Lottery sites can really ran their own even they dont have bankroll yet they can always accumulate and give winnings according to those people who bought tickets.

Yes this is really too much for 50% deduction anyway but if there is 100 btc collected or even more in a year this should be a great because there is still 50 btc left to split up and this is still a great amount. But the problem is not the deduction thing but the time that it takes, once a year to get lottery result is really hard to wait. This is just like powerball which is once a year coming up to surprise everyone until it is hit

[OTTOLOTTO]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

What do you mean? You are suppose to be the one that operate your site right? So why bothering about not funding your own site with big jackpot? By lowering or may be not supporting your own site will not get you any players to play. In order to make sure people plays on your site you should at least make something, like putting big jackpot which can attract more people to come to your site and play

Reading up its just normal for a lottery to accumulate amounts to its players to fill up the pot and basing the win on to that pot it isnt actually needed funds for its owner but on the deduction its way too high just like been said above no one will just wait for a year if funds is escrowed then its considerable but we do see up the demand of lottery games which isnt that interest isnt present which most them do die of sooner or later.

Okay, you can saying this if there is a lot of players which do not need to be funded again but the point is they lack of many players. In order to get more players they should bring out their best to make sure people are attracted. The only way is to bring out the big jackpot so everyone can claim for it. What deduction are you saying about? Are you saying about the deduction fee?

Im  talking about this:

The winning amount fully depends on the number of people playing. The 50% of all money goes to the “Jackpot” and 50% are separated between people who got ( 2–5 ) numbers.

Is this thing would really be appealing for you? 50% of winning will be put up to the pot and drawn once a year?

Appealing? May be yes, in a year they should get big amount to be placed on their jackpot, mean while if they are not going to use their bankroll to fund this, I do not think it will works well. Because when people come to their site and see the jackpot, this will not attract them into buying some tickets. Once a year prize is like nothing if I can say right now, it is not really worth, not because of the 50% deduction

Its really too much for an amount to be deducted to put up on the jackpot. We have seen already new lottery sites and most of them already give out 60 seconds results or 1000 blocks which it will be more interesting to join up rather than on this one.Lottery sites can really ran their own even they dont have bankroll yet they can always accumulate and give winnings according to those people who bought tickets.

Yes this is really too much for 50% deduction anyway but if there is 100 btc collected or even more in a year this should be a great because there is still 50 btc left to split up and this is still a great amount. But the problem is not the deduction thing but the time that it takes, once a year to get lottery result is really hard to wait. This is just like powerball which is once a year coming up to surprise everyone until it is hit

The 50% deduction is taken from the prize pool that was collected for that game that started to ensure that when someone will win the next game would have some JackPot. After each game Jackpot is transferred to the next game in such way it grows faster. The JackPot is played every game and anyone can win those funds at any time. But to ensure that participants would win something we created a Grand JackPot.
In order to learn more visit our website: https://www.ottolotto.io

[Betwrong]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

You have to get a lot of participants for that. With small amount of participants your jackpot will be unattractive and most gamblers will not bother to take part in your lottery. To gain more users you have to spend money on advertising and promo rounds (adding your own money to the jackpot) and only after several months of doing so you can start operating like you say. I wish you good luck of course but imo without ads and promos your chances of being successful are slim.

Thank you, for your comment. We as developers understand that such system works perfectly with a lot of users participating so that Jackpot would grove rapidly, but we think that new generation does not trust classic system where we perfectly can see scam actions, and we want to fulfill their demand for a fair and transperant lottery and gaming platform.
Advertising team is working on the campaign also we are waiting for the Mobile App.

Even if their demand will be perfectly fulfilled on your platform, you have to make it known to them that the platform is existing and operating, and that what is crucial actually. It's good that you have your advertising team, but I'm curious which kind of campaign they are working on? One of the most efficient ways to advertise your platform is running a signature campaign here on bitcointalk, where many people from your target audience appear on a daily basis.

[OTTOLOTTO]

We consider one of the biggest benefits of our platform that we as creators or anyone else do not promise to provide our own money for the jackpot. We are doing so because there were thousands of situations where lottery operators cheated in order to save their money. That why we've created such system where players fulfill the jackpot in order to make it the most transparent lottery platform out there.

You have to get a lot of participants for that. With small amount of participants your jackpot will be unattractive and most gamblers will not bother to take part in your lottery. To gain more users you have to spend money on advertising and promo rounds (adding your own money to the jackpot) and only after several months of doing so you can start operating like you say. I wish you good luck of course but imo without ads and promos your chances of being successful are slim.

Thank you, for your comment. We as developers understand that such system works perfectly with a lot of users participating so that Jackpot would grove rapidly, but we think that new generation does not trust classic system where we perfectly can see scam actions, and we want to fulfill their demand for a fair and transperant lottery and gaming platform.
Advertising team is working on the campaign also we are waiting for the Mobile App.

Even if their demand will be perfectly fulfilled on your platform, you have to make it known to them that the platform is existing and operating, and that what is crucial actually. It's good that you have your advertising team, but I'm curious which kind of campaign they are working on? One of the most efficient ways to advertise your platform is running a signature campaign here on bitcointalk, where many people from your target audience appear on a daily basis.

Advertising on this website is a part of the huge plan that we've created. Our main goal is to bring as many different people to participate on our platform and appreciate technology that we use. In order to archive that we've created a perfect user-friendly experience that allows people with no Crypto background play games. Our advertising team is developing a great strategy and on multiple plaforms at the same time.

[OTTOLOTTO]

Get more information on any of our social media pages.

Facebook: www.facebook.com/my.OTTOLOTTO/
Twitter: twitter.com/myOTTOLOTTO