Hi all,
I want to start a small bitcoin lottery in this thread. I will take .001 BTC deposits to my bitcoin address in my signature, and will pay out to a random entrant in 48 hours (6PM CST on July 12). I will pay out 50% of the pot so if there are more than 2 players, the winner will get a profit. If there are 2 players or less, then I will return the player's investments, as the players would not be able to make a profit if they won.
Please post your bitcoin address in a reply to this thread when you enter. That will make it easier to keep track of the total number of players.
Rules:
1)Each entry costs .001 BTC (1 mBTC). Please deposit said 1 mBTC to
17Ko1YEivBycva8U1FhZSBDVeJPDPytmnx to enter the lottery.
2)Only 1 mBTC may be entered per user, to guarantee a pofit on winning. Any extra mBTC will be returned. (If player A submitted 2 mBTC, player B submitted 1 mBTC, and player C submitted 1 mBTC, and player A won, then per the 50% of the pot rule, player A would not make a profit)
3)Entry starts with this post and ends in 48 hours, at 6PM CST on Sunday July 12.
4)Once the lottery entry period ends, I will tally the total number of players, number them with earliest starting at 1 and numbering them on up to the latest entry.
5)I will then pick randomly from those number using
https://www.random.org/integers/, and the player associated with the winning number will win 50% of the total pot. I will post a screenshot of the random number generated screen on the forum along with the winning payout transaction with the post announcing the winner.
6)If there are 2 or fewer players at the end of the 48 hours, I will return the entered bitcoins to their respective players.
Have fun and hopefully we get a lot of players, so the pot will grow large!
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Edit
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This is no longer going to occur, as the poster below has made me aware that threads like this are not profitable nor is it encouraged