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Author Topic: Introducing PevPot.com The Bitcoin Lottery  (Read 11848 times)
coinableS
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January 15, 2016, 10:16:22 PM
 #261

Hey everyone, unfortunately I'm going to shut down pevpot, and make this draw the last one Sad

I'd like to thank everyone (especially Dooglus) for all their feedback, and to everyone who played. But the the site hasn't got the sort of traction I'd like to see in order to continue operating it. I was really hoping to see >100 bitcoin lottos, which would make the draw a lot more fun.  It's more than likely my fault for not actively marketing it, and getting it intuitive enough for casual users. But with bustabit's increase in popularity and volume (right now, >200 people online!) I really have my hands full.

Thanks for playing everyone! And good luck to the final winner of draw #11



Sad Sad I was playing every week. Oh well, glad to hear the success with bustabit's and I look forward to your future projects.

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syndria
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January 16, 2016, 12:19:25 AM
 #262

That is because most of the wins were from one people.
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January 16, 2016, 12:30:18 AM
 #263

That is because most of the wins were from one people.
It is like buying lotto. But there are no many ppl involving at it. The chance of wining the jackpot is higher than it. It is sad to hear op close it.


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syndria
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January 16, 2016, 12:51:09 AM
 #264

That is because most of the wins were from one people.
It is like buying lotto. But there are no many ppl involving at it. The chance of wining the jackpot is higher than it. It is sad to hear op close it.

Means in lottery if you buy tickets worth of 10btc you can assure of winning
Sir_lagsalot
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January 16, 2016, 03:14:44 AM
 #265

How about different time modes? Maybe the sponsor's funds could be spent like:

50% of funds for 1000 block pot
20% of funds for 100 block pot
5% of funds spread out for multiple 10 block puts
10% of funds go to the house.

Wouldn't it be better like this, so there's more action and you don't have to wait multiple days, in the fear of getting "pot sniped"?


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Straux
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January 16, 2016, 03:25:54 AM
 #266

Sad to see this great site go. It had really interesting mechanics and an innovative ideas. I think it would be a great site. Would you be releasing the source code for the site, if you're shutting it down? :3 or are you going to make a pevpot 2?

How about different time modes? Maybe the sponsor's funds could be spent like:

50% of funds for 1000 block pot
20% of funds for 100 block pot
5% of funds spread out for multiple 10 block puts
10% of funds go to the house.

Wouldn't it be better like this, so there's more action and you don't have to wait multiple days, in the fear of getting "pot sniped"?

I think this would be a good idea for pevpot 2 if it ever came.
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January 16, 2016, 04:14:06 AM
 #267

That is because most of the wins were from one people.

If I am not wrong last game is winning by people who deposit 0.1 and someone deposit 0.99 losing. It is possible that low deposit people will have this luck and high deposit people sometimes will lose too because it can really assure your winning though only boost your winning chance but still you can lose it sometimes
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January 16, 2016, 07:05:40 AM
 #268

That is because most of the wins were from one people.

If I am not wrong last game is winning by people who deposit 0.1 and someone deposit 0.99 losing. It is possible that low deposit people will have this luck and high deposit people sometimes will lose too because it can really assure your winning though only boost your winning chance but still you can lose it sometimes

The main problem of pevpot is the lack of sponsors I think. As doog pointed out in https://bitcointalk.org/index.php?topic=1243970.msg13462421#msg13462421, running the site indeed incurs a loss every week.

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January 19, 2016, 01:19:59 AM
 #269

Just a heads up. Someone has purchased pevpot.com from me, so after the current draw (#11) -- I will be transitioning it to them, where the addresses will change. =)
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January 19, 2016, 05:20:34 AM
 #270

That is because most of the wins were from one people.

If I am not wrong last game is winning by people who deposit 0.1 and someone deposit 0.99 losing. It is possible that low deposit people will have this luck and high deposit people sometimes will lose too because it can really assure your winning though only boost your winning chance but still you can lose it sometimes

The main problem of pevpot is the lack of sponsors I think. As doog pointed out in https://bitcointalk.org/index.php?topic=1243970.msg13462421#msg13462421, running the site indeed incurs a loss every week.

Although he got a loss every week as long as Rhavar can manage it well I dont think that is the main problem. And now pevpot will be change the ownership and I think it should not be a problem now anymore.

Btw congratz again for the new buyer and Rhavar succesfully manage a good game again
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January 19, 2016, 06:10:02 AM
 #271

Just a heads up. Someone has purchased pevpot.com from me, so after the current draw (#11) -- I will be transitioning it to them, where the addresses will change. =)

Do you vouch for this guy to continue to run the business ? Could you tell us who the new owner is? I would not like someone unknown to steal my deposits when im playing this game becaue this is not like dustdice where you have insurance that your money is safe with moneypot
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January 19, 2016, 11:16:01 AM
 #272

Do you vouch for this guy to continue to run the business ? Could you tell us who the new owner is? I would not like someone unknown to steal my deposits when im playing this game becaue this is not like dustdice where you have insurance that your money is safe with moneypot
Considering RHavar has a good reputation(and is a DT 2 member) , I don't think he would sell the site to any person that comes with a good deal.
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January 19, 2016, 12:08:21 PM
 #273

Do you vouch for this guy to continue to run the business ? Could you tell us who the new owner is? I would not like someone unknown to steal my deposits when im playing this game becaue this is not like dustdice where you have insurance that your money is safe with moneypot
Considering RHavar has a good reputation(and is a DT 2 member) , I don't think he would sell the site to any person that comes with a good deal.

That is why im asking him about who the guy that purchased it from him, is he trusted enough to run this site or could it be just another person trying to get some quick profit. Although this is not the right thread but im personally not happy with how the new team handle moneypot so im asking ryan about this new guy who purchase pevpot from him
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January 19, 2016, 12:13:16 PM
 #274

Nice concept but i am little confused about the price of each ticket, it says to send more than 100 bits to get valid ticket but what will happen if i send 1000 bits, will i get 10 tickets? Sorry if this question is already answered above as i don't have time to scroll the whole thread.
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January 19, 2016, 12:27:45 PM
 #275

Nice concept but i am little confused about the price of each ticket, it says to send more than 100 bits to get valid ticket but what will happen if i send 1000 bits, will i get 10 tickets? Sorry if this question is already answered above as i don't have time to scroll the whole thread.


You didn't read the OP clearly, did ya? Every satoshi sent is one ticket, although there is a minimum of 10,000 satoshi/tickets (100 bits) you can buy each transaction, probably to stop dust tx's.

For every satoshi you send, you get 1 ticket.

P.S. @ryan Do you currently have any projects you're working on? Your ideas are quite creative and unique, but it seems like you have a habit of selling them Grin (except for the case of BaB)
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January 19, 2016, 08:08:04 PM
 #276

Player vs Player is always the best thing, because sometimes when we play against a site bankroll, we cant win it Wink . But I think when you play against a player, you can always compete. Curious to try out the site.

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January 19, 2016, 08:49:39 PM
 #277

Just a heads up. Someone has purchased pevpot.com from me, so after the current draw (#11) -- I will be transitioning it to them, where the addresses will change. =)

Is that someone dooglus? I saw in the previous page that he was interested in taking over. It would be a great news if so, as the biggest difficulty of running and promoting the site is that the owner has to be widely recognized as trustworthy.

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January 19, 2016, 09:07:40 PM
 #278

I calculated the results of the 11th game and this was my findings:

Stretched Hash: 6e466cdd13cc80b1137addf46362bbe3714fc9bf7faef9aba930554d3e080ba5

Winning Ticket: 153066545
Winning TX: ecd8610c2ce3dd5fe7c23e0793d1a91dfa5d89561a69fafd20d893bbaefab85d
Prize: 1.59096084 BTC + 97.798% of the early bird bonus pool

Looks like cowbay again  Shocked

Can you confirm this is the correct result?
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January 19, 2016, 10:04:41 PM
 #279

I calculated the results of the 11th game and this was my findings:

Stretched Hash: 6e466cdd13cc80b1137addf46362bbe3714fc9bf7faef9aba930554d3e080ba5

Winning Ticket: 153066545
Winning TX: ecd8610c2ce3dd5fe7c23e0793d1a91dfa5d89561a69fafd20d893bbaefab85d
Prize: 1.59096084 BTC + 97.798% of the early bird bonus pool

Looks like cowbay again  Shocked

Can you confirm this is the correct result?
If this is true, cowbay winning again is just disgusting already.
Dannie
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January 19, 2016, 11:40:43 PM
 #280

Looks like cowbay again  Shocked

Can you confirm this is the correct result?

What a lucky man. IIRC, if cowbay wins again this time, he would have won 5 draws in total. If the game isn't provably fair, I am sure most people will suspect he is Ryan's alt account lol.

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