ndnh
Legendary
Offline
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
|
|
September 21, 2015, 07:04:45 AM |
|
According to what I've understood it is a bit like ponzi right?
It is a lottery. You get in first, you get in last, nothing changes (I bought the third last ticket or something, and I am second, lol Got lucky.). More like a poker tournament without playing poker. And provably fair too.
|
|
|
|
PlayCryptour (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
September 21, 2015, 07:31:19 AM |
|
I am second. he he Good for you ndnhc! Go go go! Only about 40 blocks to go!
|
|
|
|
PlayCryptour (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
September 21, 2015, 07:32:46 AM |
|
According to what I've understood it is a bit like ponzi right?
Nope. The placings are not who gets in first, but ranking based on entries' scores, which are independently provably fair. Give it a try.
|
|
|
|
Patejl
|
|
September 21, 2015, 07:33:30 AM |
|
Didn't get much of it, but gonna try anyway, lets see if I can beat Mr. Hobbit
|
|
|
|
PlayCryptour (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
September 21, 2015, 07:35:10 AM |
|
Didn't get much of it, but gonna try anyway, lets see if I can beat Mr. Hobbit
Good luck! You'll get it once you try it. It's actually much simpler than what the explanation makes it to be.
|
|
|
|
nickaizoku
Sr. Member
Offline
Activity: 308
Merit: 250
❃ CyberNick ❃
|
|
September 21, 2015, 09:53:46 AM |
|
ive got no5 lol that far but not bad 0.003 become 0.015 . is that our own transaction id? i thought payout has been made..
|
|
|
|
PlayCryptour (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
September 21, 2015, 10:05:01 AM |
|
ive got no5 lol that far but not bad 0.003 become 0.015 . is that our own transaction id? i thought payout has been made.. That is your entry txid. Payouts are only made once tournament closes. The first one will close when block height is 375 480, about 4 hours from now. Stay on 5th and you'll get paid.
|
|
|
|
nickaizoku
Sr. Member
Offline
Activity: 308
Merit: 250
❃ CyberNick ❃
|
|
September 21, 2015, 10:11:59 AM |
|
ive got no5 lol that far but not bad 0.003 become 0.015 . is that our own transaction id? i thought payout has been made.. That is your entry txid. Payouts are only made once tournament closes. The first one will close when block height is 375 480, about 4 hours from now. Stay on 5th and you'll get paid. But how can we secure our winning place? Will it be overtaken?
|
|
|
|
Patejl
|
|
September 21, 2015, 10:13:41 AM |
|
ive got no5 lol that far but not bad 0.003 become 0.015 . is that our own transaction id? i thought payout has been made.. That is your entry txid. Payouts are only made once tournament closes. The first one will close when block height is 375 480, about 4 hours from now. Stay on 5th and you'll get paid. But how can we secure our winning place? Will it be overtaken? Still haven't understood it so don't take my word for it, but I guess that depends on luck and number of entries you make.
|
|
|
|
nickaizoku
Sr. Member
Offline
Activity: 308
Merit: 250
❃ CyberNick ❃
|
|
September 21, 2015, 10:17:11 AM |
|
ive got no5 lol that far but not bad 0.003 become 0.015 . is that our own transaction id? i thought payout has been made.. That is your entry txid. Payouts are only made once tournament closes. The first one will close when block height is 375 480, about 4 hours from now. Stay on 5th and you'll get paid. But how can we secure our winning place? Will it be overtaken? Still haven't understood it so don't take my word for it, but I guess that depends on luck and number of entries you make. Ohhh but if depend on luck.. so i guess to early to happy when saw our txid in winning list
|
|
|
|
PlayCryptour (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
September 21, 2015, 10:27:10 AM |
|
Still haven't understood it so don't take my word for it, but I guess that depends on luck and number of entries you make.
Luck, yes. Depends on number of entries: no. Each of the entries have the same winning chance. All will be clearer once we have a closed tournament. Tip: if your entry just barely drops out of the winning range, also known as bubble in poker term, make a few more entries so that the number of winners increases.
|
|
|
|
nickaizoku
Sr. Member
Offline
Activity: 308
Merit: 250
❃ CyberNick ❃
|
|
September 21, 2015, 10:32:49 AM |
|
Still haven't understood it so don't take my word for it, but I guess that depends on luck and number of entries you make.
Luck, yes. Depends on number of entries: no. Each of the entries have the same winning chance. All will be clearer once we have a closed tournament. Tip: if your entry just barely drops out of the winning range, also known as bubble in poker term, make a few more entries so that the number of winners increases. Ahh really luck hahaha Anyhow lets say if my position is in winning stage, and then alot entries coming and my position drop out.. Is it possible that entry will back to winning place again if the number of winners increases?
|
|
|
|
PlayCryptour (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
September 21, 2015, 10:46:39 AM |
|
Anyhow lets say if my position is in winning stage, and then alot entries coming and my position drop out.. Is it possible that entry will back to winning place again if the number of winners increases?
Yes, that is a valid possibility. If the new entries are mostly scoring lower than yours.
|
|
|
|
PlayCryptour (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
September 21, 2015, 11:14:27 AM |
|
Our first tourney is closing in exactly 20 blocks from now. Hurry if you want to get your entries in. Still plenty of room for overlay. Also, we have just added a couple more tournaments to get things going, including yet another guaranteed tournament: The '000s to celebrate the 376k-th block.
|
|
|
|
ndnh
Legendary
Offline
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
|
|
September 21, 2015, 11:15:11 AM |
|
Didn't get much of it, but gonna try anyway, lets see if I can beat Mr. Hobbit
Mr. Hobbit is now 3rd. Still with just one ticket that is 9x prize. Edit: Almost 9x. Just reserved a seat in the 000's tourney.
|
|
|
|
Patejl
|
|
September 21, 2015, 11:21:24 AM |
|
Didn't get much of it, but gonna try anyway, lets see if I can beat Mr. Hobbit
Mr. Hobbit is now 3rd. Still with just one ticket that is 9x prize. Edit: Almost 9x. Just reserved a seat in the 000's tourney. Awh crap, I'm the last guy.
|
|
|
|
nickaizoku
Sr. Member
Offline
Activity: 308
Merit: 250
❃ CyberNick ❃
|
|
September 21, 2015, 11:22:50 AM |
|
Anyhow lets say if my position is in winning stage, and then alot entries coming and my position drop out.. Is it possible that entry will back to winning place again if the number of winners increases?
Yes, that is a valid possibility. If the new entries are mostly scoring lower than yours. Alright thanks and understood all of it.. because my position just gone.. and check its at no6.. and just checked again. Become no7. Eww its so sad.. too early for celebrating no5 just now.
|
|
|
|
ndnh
Legendary
Offline
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
|
|
September 21, 2015, 11:26:46 AM |
|
Anyhow lets say if my position is in winning stage, and then alot entries coming and my position drop out.. Is it possible that entry will back to winning place again if the number of winners increases?
Yes, that is a valid possibility. If the new entries are mostly scoring lower than yours. Alright thanks and understood all of it.. because my position just gone.. and check its at no6.. and just checked again. Become no7. Eww its so sad.. too early for celebrating no5 just now. Hey, you got company. I am fourth. from second. ...and #1 on the 000 tourney. Once you get a super high number I think it would be really hard to defeat.
|
|
|
|
ndnh
Legendary
Offline
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
|
|
September 21, 2015, 11:30:30 AM |
|
Can I send one tx for multiple entries?
|
|
|
|
PlayCryptour (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
September 21, 2015, 11:47:57 AM |
|
Can I send one tx for multiple entries?
Not at the moment though because of the txid. But it's a feature that we should look at. We shall add support for this with txout index as another scoring factor.
|
|
|
|
|