Hello! Stingleword, your friendly community manager here, with another opportunity to give away some chunks of bitcoin! This months' offering is a nifty idea that I'd like to call...
Please be aware that this is a
trial pilot and therefore features a smaller prize than what I would like to offer. This tournament's success will determine whether I am able to do larger rounds in the future, so if you like this idea please participate!
How it WorksSaturday, May 2 will be Tournament Day at Lucky Bit. Everybody that wagers at least 0.1
BTC will be eligible to win the prize, which is 0.25
BTC for this round. The only restriction is that you
must wager using the same address so the system recognizes you as the same player! You do not need to register here, post an entry fee, or anything else - the game will run autonomously!
At the end of the day, all the bets will be run through my Tournament Analyzer (source available upon request). This tool simply breaks down the day's history by address, finds all addresses that bet enough to be eligible, and calculates the net winnings from each address' first 0.1
BTC of wagers, then sorts it all out for easy identification of the day's winner. The address that realized the
best profit on the first 0.1BTC wagered for the day will be the winner of the prize! In the event of a tie, the prize will be split.
That's it! Simple, right? Of course not, there has to be a FAQ!
FAQWho's in the lead? Is there a leaderboard?I don't know - I didn't do that. Next time, though!
How do I enter again?Wager 0.1
BTC or more combined on Lucky Bit anytime from 00:00 - 23:59 UTC, on May 2.
Who is the winner?The player that realized the best profit on their first 0.1
BTC of wagers.
What if someone made a bet bigger than 0.1BTC?Only the first 0.1
BTC will be evaluated; a bet that goes over 0.1 will be fractionalized to make the game fair.
What is the prize?0.25
BTC - will be held at 1LBT1vC9RfKZwiQNU2542TMvHhrjjz4ba6 before tournament day.
Can I enter with more than one address?Yes. No limit.
I can't afford this! Will you run a pool bet so I can still participate?As a matter of fact, yes.
Read all about it here.Isn't there some other FAQ you always have that's missing this time?I have no idea what you're talking about.
Oh, wait, I remember! It's.....That's not a question.