Devcoin (DVC) Lottery based on the German 6 out of 49 System
https://dvc-lotto.com Bet using your DVCs on the official results of the German 6 out of 49 Lottery System. Every Saturday evening at 22:00 (UTC+1), the numbers are drawn, the event can be watched on TV.
The service is available since 24th September onwards. The first 100 registered users will receive 50,000 DVC for
free.
How does the system work?
You pick 6 numbers between 1 and 49, and one number between 0 and 9. You win based on how many of the numbers you picked match the weekly draw rsults.
How are the winning amounts calculated?
We take the total collected bets, subtract our fees for the service (5%) and distribute the remaining amount to the winners. The details of the quota calculation are documented on our web page. It is based on the official Lottery calculation schema.
How do you ensure transparency of the payouts?
Bets can be placed till 18:00 (German time). You can download the list of all bets placed from the web page prior to the draw, hence allowing you to verify our quota calculation and pay out amounts.
Fees?
One bet costs 10,000 DVC. We charge 5% fees.
Early announcement: We will release the same service for Bitcoins soon given sufficient interest.
