Bitcoin lottery advice

Can you offer some advice on bitcoin lottery? And perhaps good sites.

By the way do you think you have better chances with lottery than with casinos or sportsbetting.

One of the main obstacles in bitcoin betting is that blockchain transactions are getting a bit slower. I recently came across this. Do you know if this could be a site-related issue? Like something with their addresses?

By the way is there an alternative to blockchain?

Quote from: chrisrobs8612 on April 16, 2015, 06:06:13 AM

By the way is there an alternative to blockchain?

what do you mean by alternative of blockchain? do you mean block explorer?

https://www.blocktrail.com/BTC

Quote from: chrisrobs8612 on April 15, 2015, 10:30:20 AM

I don't think the confirmation time is related to the address used.
With a standard transaction fee, your transaction will most likely get a confirmation in 10 minutes. But since block finding is random, it sometimes take a longer time, but it is still a lot faster than traveling to Vegas.

Quote from: chrisrobs8612 on April 16, 2015, 06:06:13 AM

By the way is there an alternative to blockchain?

There is a a lot of alternative. You need search on google

Quote from: chrisrobs8612 on April 14, 2015, 06:03:48 AM

By the way do you think you have better chances with lottery than with casinos or sportsbetting.

The chance on lottery is just extremely small is probably not worth it, definitely casinos are way more fun and better to make money but of course sportsbetting is the king if you really want to make profit

Quote from: Astargath on April 16, 2015, 04:13:22 PM

Quote from: chrisrobs8612 on April 14, 2015, 06:03:48 AM

By the way do you think you have better chances with lottery than with casinos or sportsbetting.

Huh, somehow I'm convinced that casinos are indeed a better way to make money... IF YOU OWN IT! Or you find a way to cheat. Otherwise, mark my words: "The House always wins!". Yes, casinos are indeed more "fun" (read it addictive).
With lotteries on the other hand, the chance to hit the big jackpot is indeed very small, but if you're the lucky bastard that hits it, you're done for life with making money

Sports betting is indeed a good choice because it involves a combination of knowledge, intuition and luck, but the winnings are considerably smaller than lottery ones.
There's also a combination between lottery and casino, way more fun than casino's actually due to its multiplayer (social) aspect: bingo. It's a sort of micro-lottery, based entirely on luck (not some "wish-to-work" dice/casino strategy that most of the times, doesn't).

I would say if you set up a lottery right you could make a good amount of money, but personally i dont think this preposition will entice unless you have promos going on Tongue

trust me ive tried it once lol Tongue

Quote from: srgkrgkj on April 16, 2015, 04:34:26 PM

I would say if you set up a lottery right you could make a good amount of money, but personally i dont think this preposition will entice unless you have promos going on Tongue

trust me ive tried it once lol Tongue

What are you even talking about, did you read the post? He is searching for sites not to make one.

Anyways i wouldnt bother too much on playing lotteries maybe once or twice if you have some spare change

marcotheminer and I tried to run a Euro Millions lottery but in Bitcoin that didn't work.
We then tried a normal lottery with raffle tickets and someone always wins.

Nothing worked for us.

Just try a dice site if you want to Gamble. Your odds will be the same as the lottery when you are playing at 9900X.

At that rate, the house edge means almost nothing.

the bitcoin lottery does not have the huge mass players. so if you ask me if there is a chance of winning it.. id say maybe yes there is. but risking money into those type of luck is definitly not for me. some people are really lucky tho

Quote from: Netpyder on April 17, 2015, 10:07:51 AM

Based on my experience very few things are luck-related. Everything is a mathematical probability. So perhaps the probability of winning the lottery is better than other types of gambling. BUt the admins of the lottery sites won't leave it all to pure luck too right?

Quote from: chrisrobs8612 on April 15, 2015, 10:30:20 AM

Block chain transaction can not get slower, the average amount of time it takes to mine a block will always stay around 10 minutes due to the difficulty being changed when blocks are mined too fast or too slow. Addresses don't have anything to do with transaction times as long as you're using the standart tx fee.

Quote from: Netpyder on April 17, 2015, 10:07:51 AM

What does it matter if it has a huge mass of players or not? Your luck is not going to change if there are more players, you are always risking money in any type of gambling

Quote from: Astargath on April 17, 2015, 01:31:49 PM

Quote from: Netpyder on April 17, 2015, 10:07:51 AM

What does it matter if it has a huge mass of players or not? Your luck is not going to change if there are more players, you are always risking money in any type of gambling

Exactly, only if someone could tell if the probability of winning in lottery is any better.

There is no advice on betting the lottery for any currency.
You just bet on it and hope for the best to hit the jackpot.

Well, best for doing bitcoin lottery is just do some solo mining. You have a very small chance of winning, just like in real life, but the reward is very big. Setup your computer to solo mine, it will be a lottery ticket to the "bitcoin lottery". You probably wont find a block with your computer, but who wins a lottery jackpot in real life?
The best thing here is, its free(besides from the electricity bills)