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Author Topic: NEW 10XBTC Lotto: Draws every 5 minutes, 3 numbers to hit only, TRN technology!  (Read 2623 times)
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July 25, 2015, 12:50:39 AM
 #21

Its nice. I love the design and everything but honestly like others have said you really need to lower the min bet and have to increase the reward because its not really worth playing at these odds.

The 3rd party indepedant number generator is great but most people trust Provavly fair like on dice sites.

Thanks!, you have a pretty nice and successful site too!

We think TRN is perfect for our 5-min-draw lottery over PF since not many people around the world really understand it, on the other hand, TRN is simple and crystal clear, i agree that for other games PF is better.

We are minding options to address this opinions, it is clear to us now that min bet, difficulty and reward must change, the most difficult part is reward, as we have to come up with the funds to back it up and can take time, we are thinking in a 100X reward with 1BTC max bet, which we can raise soon.

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July 25, 2015, 12:53:22 AM
 #22

CMIIW, the player has 0.1% chance to get 10x back, 1% chance to get 1x back and 98.9% chance to get nothing back. Why would anyone play here instead of a 1% edge dice site?

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July 25, 2015, 06:02:52 AM
 #23

CMIIW, the player has 0.1% chance to get 10x back, 1% chance to get 1x back and 98.9% chance to get nothing back. Why would anyone play here instead of a 1% edge dice site?

agree, very not feasible percentage for the players.
too many advantage for the website and sure this is not fair.
seriously, you need to fix the game system.

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10xBTCLotto (OP)
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July 25, 2015, 02:34:34 PM
 #24

CMIIW, the player has 0.1% chance to get 10x back, 1% chance to get 1x back and 98.9% chance to get nothing back. Why would anyone play here instead of a 1% edge dice site?

Is a good point and we are working on this

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July 26, 2015, 02:11:02 PM
 #25

The problem is another here,even if its probably fair,the house edge is so high that they would probably get rich in no time,even if the bet was only 10k satoshi,after a days of tries they would have earned like 1 btc without doing nothing,and if the occasion you get a miracle to get 3 numbers straight,they still win because its only 10x pay

Ohh I get it: it's not even 3 separated numbers from 1000, it's a unique number. my bad.
Still, same stuff, 1 over 1000 is yes about over 90+% House Edge so it's a win situation for the owner.

I was gonna say: I'll hire a someone to make me a site where you guess 1 entire number over 500, if you get any 2 digits you get reimbursed, and if you hit it I'm gonna pay you 100x.
Ah! Still profit for me.

How does this sounds for you: Guess between 1 entire number over 1000, You get 4 entire numbers per ticket (4 chances to win), each ticket is 0.02BTC, guess any 2 digits in any of your 4 entire numbers and you get reimbursed, if you hit, we pay you 100x.

10XBTC.com: The Easiest BTC Lottery!
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July 26, 2015, 05:14:48 PM
 #26

The problem is another here,even if its probably fair,the house edge is so high that they would probably get rich in no time,even if the bet was only 10k satoshi,after a days of tries they would have earned like 1 btc without doing nothing,and if the occasion you get a miracle to get 3 numbers straight,they still win because its only 10x pay

Ohh I get it: it's not even 3 separated numbers from 1000, it's a unique number. my bad.
Still, same stuff, 1 over 1000 is yes about over 90+% House Edge so it's a win situation for the owner.

I was gonna say: I'll hire a someone to make me a site where you guess 1 entire number over 500, if you get any 2 digits you get reimbursed, and if you hit it I'm gonna pay you 100x.
Ah! Still profit for me.

How does this sounds for you: Guess between 1 entire number over 1000, You get 4 entire numbers per ticket (4 chances to win), each ticket is 0.02BTC, guess any 2 digits in any of your 4 entire numbers and you get reimbursed, if you hit, we pay you 100x.


0.02 per ticket is too high, and how much is max ticket can we buy? if I buy 100 ticket it should be around 400 numbers to selected and 400/1000 is around 20% only if you get 100 ticket and that is about 2 btc. I think its not worth enough, the chance is too small too to win that amount of cash
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July 26, 2015, 06:44:46 PM
 #27

If i bet 1 Btc and win 10 btc, do you have a proof of address with bitcoin to pay all people?
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July 27, 2015, 04:38:59 PM
 #28

The problem is another here,even if its probably fair,the house edge is so high that they would probably get rich in no time,even if the bet was only 10k satoshi,after a days of tries they would have earned like 1 btc without doing nothing,and if the occasion you get a miracle to get 3 numbers straight,they still win because its only 10x pay

Ohh I get it: it's not even 3 separated numbers from 1000, it's a unique number. my bad.
Still, same stuff, 1 over 1000 is yes about over 90+% House Edge so it's a win situation for the owner.

I was gonna say: I'll hire a someone to make me a site where you guess 1 entire number over 500, if you get any 2 digits you get reimbursed, and if you hit it I'm gonna pay you 100x.
Ah! Still profit for me.

How does this sounds for you: Guess between 1 entire number over 1000, You get 4 entire numbers per ticket (4 chances to win), each ticket is 0.02BTC, guess any 2 digits in any of your 4 entire numbers and you get reimbursed, if you hit, we pay you 100x.


0.02 per ticket is too high, and how much is max ticket can we buy? if I buy 100 ticket it should be around 400 numbers to selected and 400/1000 is around 20% only if you get 100 ticket and that is about 2 btc. I think its not worth enough, the chance is too small too to win that amount of cash

Max ticket is 1BTC, in the case you mention, 400/1000 is 40%, not 20%

Now, after reading options and wishes here, it comes to my mind that, for example, this lottery https://bitcointalk.org/index.php?topic=1084095.0 has 1/1000000 winning chances and splits the prize in N winners, while, if we raise to 4 numbers per ticket, we will have 1/250 winning chance which is 3 orders of magnitude BETTER than that. And we do not split the prize.

What chances of winning are you wishing here?, THERE IS NO LOTTERY IN THE WORLD with the kind of odds you are wishing, most run with 6 to 8 numbers (YABTCL, state-run lotteries for example), some very rare run on 5 numbers, we are running on 3 only, i think is the best bet you can get around.

Please point me in the direction of that magical lottery that runs on 3 numbers or less and draws every 5 minutes or less (beside us) so we can understand better what you are saying here.

I think that the best we can do is to offer 4 numbers per ticket, at 0.0025 BTC per number and a minimum price of 0.01 BTC, max price is 1 BTC with 4 numbers while raising the prize to 100X, i think that a higher minimum price is worth it because the chances of winning are the highest on the net, so if you bet 0.01 and win, you get 1 BTC and if you bet 1 BTC and win, you get 100 BTC. However i'll have to discuss this with my partners, to see if they are willing to put the rest of the BTC for the pot, which we will have to insure.


10XBTC.com: The Easiest BTC Lottery!
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July 27, 2015, 05:03:59 PM
 #29

10XBTC.COM Is the latest in BTC lottery, innovating from the old concept in lottery and bringing the latest in provably fair true random number from a certified and non related third party.

The Game:
Is very simple: bet between 0.025 and 1 BTC and if you hit the 3-digit number, we will pay you 10 times the value of your bet, if you hit the last 2 numbers, you get reimbursed.

We offer:

  • No Signup required
  • Draws every 5 minutes: No need to wait longer to play lottery
  • Minimum bet is 0.025BTC, Maximum Bet is 1BTC
  • You choose your own number, from 000 to 999
  • Only 3 numbers to hit to multiply your bet by 10
  • If you hit the last 2 number, you get reimbursed
  • Easy and fun interface
  • Free Lotto
  • Free Dice will soon be online
  • HONESTY Above all: We use a 3rd party True Random Number generated from space and environmental variables from a foreign Space Agency from 3 satellites in orbit that re-generates every 5 minutes, we use the last 3 numbers of this TRN to play the lottery and you can check it online whenever you wish, so THERE IS NO CHEATING POSSIBLE

Give it a try and let us know your opinion, we are eager to hear from you about new ideas and improvements, consider the site being a BETA, and all the good suggestion gets implemented, we believe that gambling has to remain fun and affordable.

The URL is http://10xbtc.com

And let's play!
Are you offer only 10x multiply if anyone hit 3 number. It's not fair enough, in mathematical calculation every bet only have chance 1%  and 99% lose. Just my opinion Wink
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July 27, 2015, 05:04:32 PM
 #30

CMIIW, the player has 0.1% chance to get 10x back, 1% chance to get 1x back and 98.9% chance to get nothing back. Why would anyone play here instead of a 1% edge dice site?

agree, very not feasible percentage for the players.
too many advantage for the website and sure this is not fair.
seriously, you need to fix the game system.

I have the impression that some of you are confusing lottery with dice gambling. Lottery is very different, most run on 6 to 8 numbers (1:1000000 or 0.00001% to 1:100000000 or 0.0000001%), no lottery in the world runs on 1:2 chance of winning (50%).

10XBTC.com: The Easiest BTC Lottery!
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July 27, 2015, 05:08:09 PM
 #31

The problem is another here,even if its probably fair,the house edge is so high that they would probably get rich in no time,even if the bet was only 10k satoshi,after a days of tries they would have earned like 1 btc without doing nothing,and if the occasion you get a miracle to get 3 numbers straight,they still win because its only 10x pay

Ohh I get it: it's not even 3 separated numbers from 1000, it's a unique number. my bad.
Still, same stuff, 1 over 1000 is yes about over 90+% House Edge so it's a win situation for the owner.

I was gonna say: I'll hire a someone to make me a site where you guess 1 entire number over 500, if you get any 2 digits you get reimbursed, and if you hit it I'm gonna pay you 100x.
Ah! Still profit for me.

How does this sounds for you: Guess between 1 entire number over 1000, You get 4 entire numbers per ticket (4 chances to win), each ticket is 0.02BTC, guess any 2 digits in any of your 4 entire numbers and you get reimbursed, if you hit, we pay you 100x.


0.02 per ticket is too high, and how much is max ticket can we buy? if I buy 100 ticket it should be around 400 numbers to selected and 400/1000 is around 20% only if you get 100 ticket and that is about 2 btc. I think its not worth enough, the chance is too small too to win that amount of cash

Max ticket is 1BTC, in the case you mention, 400/1000 is 40%, not 20%

Now, after reading options and wishes here, it comes to my mind that, for example, this lottery https://bitcointalk.org/index.php?topic=1084095.0 has 1/1000000 winning chances and splits the prize in N winners, while, if we raise to 4 numbers per ticket, we will have 1/250 winning chance which is 3 orders of magnitude BETTER than that. And we do not split the prize.

What chances of winning are you wishing here?, THERE IS NO LOTTERY IN THE WORLD with the kind of odds you are wishing, most run with 6 to 8 numbers (YABTCL, state-run lotteries for example), some very rare run on 5 numbers, we are running on 3 only, i think is the best bet you can get around.

Please point me in the direction of that magical lottery that runs on 3 numbers or less and draws every 5 minutes or less (beside us) so we can understand better what you are saying here.

I think that the best we can do is to offer 4 numbers per ticket, at 0.0025 BTC per number and a minimum price of 0.01 BTC, max price is 1 BTC with 4 numbers while raising the prize to 100X, i think that a higher minimum price is worth it because the chances of winning are the highest on the net, so if you bet 0.01 and win, you get 1 BTC and if you bet 1 BTC and win, you get 100 BTC. However i'll have to discuss this with my partners, to see if they are willing to put the rest of the BTC for the pot, which we will have to insure.
Cmon bro, now you offer for 4 number only 100x. Not easy hit 2,3,4 number and your offer still low. Like i said before for 3 number you chance only 1% and 4 number only 0.1%.
I would prefer bet lottery in other site with big jackpot
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July 27, 2015, 05:15:17 PM
 #32

10XBTC.COM Is the latest in BTC lottery, innovating from the old concept in lottery and bringing the latest in provably fair true random number from a certified and non related third party.

The Game:
Is very simple: bet between 0.025 and 1 BTC and if you hit the 3-digit number, we will pay you 10 times the value of your bet, if you hit the last 2 numbers, you get reimbursed.

We offer:

  • No Signup required
  • Draws every 5 minutes: No need to wait longer to play lottery
  • Minimum bet is 0.025BTC, Maximum Bet is 1BTC
  • You choose your own number, from 000 to 999
  • Only 3 numbers to hit to multiply your bet by 10
  • If you hit the last 2 number, you get reimbursed
  • Easy and fun interface
  • Free Lotto
  • Free Dice will soon be online
  • HONESTY Above all: We use a 3rd party True Random Number generated from space and environmental variables from a foreign Space Agency from 3 satellites in orbit that re-generates every 5 minutes, we use the last 3 numbers of this TRN to play the lottery and you can check it online whenever you wish, so THERE IS NO CHEATING POSSIBLE

Give it a try and let us know your opinion, we are eager to hear from you about new ideas and improvements, consider the site being a BETA, and all the good suggestion gets implemented, we believe that gambling has to remain fun and affordable.

The URL is http://10xbtc.com

And let's play!
Are you offer only 10x multiply if anyone hit 3 number. It's not fair enough, in mathematical calculation every bet only have chance 1%  and 99% lose. Just my opinion Wink

Most lotteries run on 6 to 8 numbers, offering 0.00001% to 0.0000001%, but of course, the prizes are bigger, and as i said later, a 1% chance to win in a lottery is huge, compared to those odds.

10XBTC.com: The Easiest BTC Lottery!
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July 27, 2015, 05:15:52 PM
 #33

I think you don't understand the point...

99% of players is here to "Win" money, not lose money... so, if we play on a 50% (0% house edge) dice game, we expect to receive 2x reward
The Question is: the House also need to earn money, so they put a LITTLE house edge, normally 1%, so your probably to win is:

49,5% - receive 2x
51,5% - lose all

If you study math, you know that going to infinite, the 1% will really be 1% in average, so in theory, the house is really winning 1%. So, if there is 1000 BTC wagered, the house is earning about 10 BTC.
If i bet alot of times, if i start with 100BTC, making like 1million 1BTC bet size, provably my final result will be 99BTC.

But now, why we play on dice website if it has a house edge... because we want to earn money (beside on really the average probably is to lose money), but if the Dice website is good, always pays instantly, have a nice support team, nice gameplay, we don't care is giving %1 to house edge.

But i think you still don't understand the point... you trying to profit from the bets lol... giving house edges like 99%, now fake 20% (40% to win 100x + 40% (hit 2 last number with 4 numbers = 400/1000) to receive refund) house edge...

But, i'm lottery, not dice game... OK: dicegame have contantly bets, so the wagered ammount is much higher, but you as a lottery, you can increase a little your house edge... max 5% house edge, not 99% or 60%, remember, we are playing to win too, not to give money for free...

So your total prob, considering payout value, must give at least 95% back, 5% is already too high and good for the house.
Imagine 10 ppl betting 1BTC each in one round of your game > you'll earn 0,5 BTC, actually your math is, if 10ppl play 1 BTC in one round, you earn 2 BTC for you OMG... it don't exists

I'm still considering the refund as a prize lol... actually your last idea the house edge is much higher than 20%

Well, It's just my opinion, don't take to the personal side ^^, i'm trying to help you doing the right thing
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July 27, 2015, 05:19:05 PM
 #34

About Lottery Games, have you search some of them here?

man, there is lottery with 1/26 (the payout must be 26x) chance to win, where the payout actually is arround 40-80x if you play on right time (weekends etc), and you can get arround the same payout 26x every 1hour

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July 27, 2015, 05:22:39 PM
 #35

The problem is another here,even if its probably fair,the house edge is so high that they would probably get rich in no time,even if the bet was only 10k satoshi,after a days of tries they would have earned like 1 btc without doing nothing,and if the occasion you get a miracle to get 3 numbers straight,they still win because its only 10x pay

Ohh I get it: it's not even 3 separated numbers from 1000, it's a unique number. my bad.
Still, same stuff, 1 over 1000 is yes about over 90+% House Edge so it's a win situation for the owner.

I was gonna say: I'll hire a someone to make me a site where you guess 1 entire number over 500, if you get any 2 digits you get reimbursed, and if you hit it I'm gonna pay you 100x.
Ah! Still profit for me.

How does this sounds for you: Guess between 1 entire number over 1000, You get 4 entire numbers per ticket (4 chances to win), each ticket is 0.02BTC, guess any 2 digits in any of your 4 entire numbers and you get reimbursed, if you hit, we pay you 100x.


0.02 per ticket is too high, and how much is max ticket can we buy? if I buy 100 ticket it should be around 400 numbers to selected and 400/1000 is around 20% only if you get 100 ticket and that is about 2 btc. I think its not worth enough, the chance is too small too to win that amount of cash

Max ticket is 1BTC, in the case you mention, 400/1000 is 40%, not 20%

Now, after reading options and wishes here, it comes to my mind that, for example, this lottery https://bitcointalk.org/index.php?topic=1084095.0 has 1/1000000 winning chances and splits the prize in N winners, while, if we raise to 4 numbers per ticket, we will have 1/250 winning chance which is 3 orders of magnitude BETTER than that. And we do not split the prize.

What chances of winning are you wishing here?, THERE IS NO LOTTERY IN THE WORLD with the kind of odds you are wishing, most run with 6 to 8 numbers (YABTCL, state-run lotteries for example), some very rare run on 5 numbers, we are running on 3 only, i think is the best bet you can get around.

Please point me in the direction of that magical lottery that runs on 3 numbers or less and draws every 5 minutes or less (beside us) so we can understand better what you are saying here.

I think that the best we can do is to offer 4 numbers per ticket, at 0.0025 BTC per number and a minimum price of 0.01 BTC, max price is 1 BTC with 4 numbers while raising the prize to 100X, i think that a higher minimum price is worth it because the chances of winning are the highest on the net, so if you bet 0.01 and win, you get 1 BTC and if you bet 1 BTC and win, you get 100 BTC. However i'll have to discuss this with my partners, to see if they are willing to put the rest of the BTC for the pot, which we will have to insure.
Cmon bro, now you offer for 4 number only 100x. Not easy hit 2,3,4 number and your offer still low. Like i said before for 3 number you chance only 1% and 4 number only 0.1%.
I would prefer bet lottery in other site with big jackpot

You're getting it wrong, if we increase from 1 number per ticket to 4 numbers per ticket, your chance to hit 100X multiples by four!

10XBTC.com: The Easiest BTC Lottery!
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July 27, 2015, 05:23:14 PM
 #36

Just tell me, if a can play in a Dice game on a 1% win chance to receive 99x and i can get it instantly, no wait time, receive my prize instantly

why should i play in a lottery game with 0,4% win chance to earn 100x, and i have to wait 5 min... it make no sense on really
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July 27, 2015, 05:32:19 PM
 #37

I think you don't understand the point...

99% of players is here to "Win" money, not lose money... so, if we play on a 50% (0% house edge) dice game, we expect to receive 2x reward
The Question is: the House also need to earn money, so they put a LITTLE house edge, normally 1%, so your probably to win is:

49,5% - receive 2x
51,5% - lose all

If you study math, you know that going to infinite, the 1% will really be 1% in average, so in theory, the house is really winning 1%. So, if there is 1000 BTC wagered, the house is earning about 10 BTC.
If i bet alot of times, if i start with 100BTC, making like 1million 1BTC bet size, provably my final result will be 99BTC.

But now, why we play on dice website if it has a house edge... because we want to earn money (beside on really the average probably is to lose money), but if the Dice website is good, always pays instantly, have a nice support team, nice gameplay, we don't care is giving %1 to house edge.

But i think you still don't understand the point... you trying to profit from the bets lol... giving house edges like 99%, now fake 20% (40% to win 100x + 40% (hit 2 last number with 4 numbers = 400/1000) to receive refund) house edge...

But, i'm lottery, not dice game... OK: dicegame have contantly bets, so the wagered ammount is much higher, but you as a lottery, you can increase a little your house edge... max 5% house edge, not 99% or 60%, remember, we are playing to win too, not to give money for free...

So your total prob, considering payout value, must give at least 95% back, 5% is already too high and good for the house.
Imagine 10 ppl betting 1BTC each in one round of your game > you'll earn 0,5 BTC, actually your math is, if 10ppl play 1 BTC in one round, you earn 2 BTC for you OMG... it don't exists

I'm still considering the refund as a prize lol... actually your last idea the house edge is much higher than 20%

Well, It's just my opinion, don't take to the personal side ^^, i'm trying to help you doing the right thing

No prob, no offense taken  Cool

I'm now sure that some of you are confusing dice game with lottery, YABTCL is the biggest one and runs on 6 to 8 numbers, that means that house edge is 99.999999%.

Dice is an entirely different game, however, every opinion counts and we learn from them!  Wink

10XBTC.com: The Easiest BTC Lottery!
kshyzer
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July 27, 2015, 05:33:08 PM
 #38

Now you think... why global Lottery works?

Man, there are 100 million of Poor people, with no study, don't know to do math, giving $1 (a value he can pay) with the hope to became a millionare people lol...

Everybody who have study know that lottery isn't worth


You know most of people here at least know how to use a computer lol, so from this 100 million poor people, you'll find only 10 thousand in max (imaginary values '=')
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July 27, 2015, 05:35:27 PM
 #39

Let's say... here, you actually not working with people without study....

if you want this rates... go to a poor place, offer then to pay you $1 with a chance to win $1000000000, but with 0.0000000000000000000000000001% to win.... I have sure that at least 90% will buy it from you '='
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July 27, 2015, 05:48:35 PM
 #40

Well, i'm not saying that because i'm a bad guy... but have you already talk with people really poor without study?

99% of them can't answer you the result of 7x6 lol
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