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Author Topic: Satoshiround.com - The Bitcoin lottery! Only 0.001 x ticket  (Read 58 times)
Round99
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April 19, 2018, 02:39:46 PM
 #1

Hi everyone,

Satoshiround.com switch back to the Bitcoin BTC chain!

★ Each lottery round is 99 minutes, when one ends, another begins

★ 0.001 BTC per ticket, but...there are also bonuses!

★ Each ticket sold will increment the round Jackpot

★ When round ends,  a winning ticket is drawn among those sold

How can I bet?
Send 0.001 BTC for each ticket you want to buy to the homepage Bitcoin address.
Do you want to buy 7 tickets? Send 0.007 BTC...as simple as that!
When your transaction will receive at least 1 confirmation it will be visible on the homepage and your tickets will be added to the Jackpot.

Bonuses
From 1 to 100+ bonus tickets! Visit Satoshiround.com >> Bonus section.

Provably Fair
Players who bet on bitcoins are almost always pro-users, and pro-users want fairness and security...here we are!

To guarantee the draw impartiality there are 3 keys:
 - Public key: random sha256 hash made public at the beginning and for the entire duration of each round.
 - TXT list hash: the MD5 hash of the text file (which everyone can download) that is generated at the end of each round and which contains all the bets, addresses, tx hash, public key and the verification block number.
 - Block hash key: when created by miners, the verification block hash.
The verification block is 2 blocks in the future from the last block generated when the round ends, this makes the outcome of the random totally unpredictable.
These 3 keys are combined together and passed to a PUBLIC script that will select the winner.
The most important thing: EVERYONE can see the keys and EVERYONE can verify the outcome of the final draw.
Complete technical explanation of the random script and extraction mechanism can be found on the website under "Provably Fair" section.

Any problem? Do not hesitate to contact us from the "Contact" section of the website!

SATOSHIROUND.com | The 99 minutes on-chain lottery
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JackpotRacer
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April 19, 2018, 03:32:45 PM
 #2

Hi everyone,

Satoshiround.com switch back to the Bitcoin BTC chain!

★ Each lottery round is 99 minutes, when one ends, another begins

★ 0.001 BTC per ticket, but...there are also bonuses!

★ Each ticket sold will increment the round Jackpot

★ When round ends,  a winning ticket is drawn among those sold

How can I bet?
Send 0.001 BTC for each ticket you want to buy to the homepage Bitcoin address.
Do you want to buy 7 tickets? Send 0.007 BTC...as simple as that!
When your transaction will receive at least 1 confirmation it will be visible on the homepage and your tickets will be added to the Jackpot.

Bonuses
From 1 to 100+ bonus tickets! Visit Satoshiround.com >> Bonus section.

Provably Fair
Players who bet on bitcoins are almost always pro-users, and pro-users want fairness and security...here we are!

To guarantee the draw impartiality there are 3 keys:
 - Public key: random sha256 hash made public at the beginning and for the entire duration of each round.
 - TXT list hash: the MD5 hash of the text file (which everyone can download) that is generated at the end of each round and which contains all the bets, addresses, tx hash, public key and the verification block number.
 - Block hash key: when created by miners, the verification block hash.
The verification block is 2 blocks in the future from the last block generated when the round ends, this makes the outcome of the random totally unpredictable.
These 3 keys are combined together and passed to a PUBLIC script that will select the winner.
The most important thing: EVERYONE can see the keys and EVERYONE can verify the outcome of the final draw.
Complete technical explanation of the random script and extraction mechanism can be found on the website under "Provably Fair" section.

Any problem? Do not hesitate to contact us from the "Contact" section of the website!

what is the HE? 0.001 sounds a bit high for a ticket IMO. many tried it and all closed down at the end

why not learning from other people faults?

good luck anyway

Round99
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April 19, 2018, 04:06:05 PM
 #3

Price of each ticket is not high if you consider that with every ticket you have the chance to win those of the others.
A few minutes of slot machines is certainly more expensive! here each lottery is 99 minutes in which you have the opportunity to place more bets based on the progress of the game.
Better than a scratch & win 3.0!  Wink
If a round ends with a single player, the round is repeated. No bets will be lost!

SATOSHIROUND.com | The 99 minutes on-chain lottery
JackpotRacer
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April 19, 2018, 04:23:59 PM
 #4

Price of each ticket is not high if you consider that with every ticket you have the chance to win those of the others.
A few minutes of slot machines is certainly more expensive! here each lottery is 99 minutes in which you have the opportunity to place more bets based on the progress of the game.
Better than a scratch & win 3.0!  Wink
If a round ends with a single player, the round is repeated. No bets will be lost!


sure you can see it like this but IMO it is very high for the start. my tip for you is to start with small ticket price and later to offer also higher prices for tickets.

you cant compare slots or scratch with lottery

what will you take from a draw?

just trying to help

good luck

edit

in general a lottery should offer low ticket price and high winnings as it is in real lotteries

Round99
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April 19, 2018, 04:35:16 PM
 #5

Thank you for your feedback, of course Satoshiround was not created by chance. In classic lotteries the prizes are higher and tickets are cheaper because they are based on the losses of other players and on the low probability of winning. for example, hypothetically if 100 tickets are sold, there may be zero winners, while on Satoshiround if there are only 2 players, one will be the winner.
This is another type of game. May like one or the other Wink

SATOSHIROUND.com | The 99 minutes on-chain lottery
Round99
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April 19, 2018, 08:13:42 PM
 #6

In round #4 a lucky player won 0.0062 BTC! Compliments!

Now look ahead to round #5! Place your bets and...good luck!

SATOSHIROUND.com | The 99 minutes on-chain lottery
stomachgrowls
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April 19, 2018, 08:34:31 PM
 #7

Price of each ticket is not high if you consider that with every ticket you have the chance to win those of the others.
A few minutes of slot machines is certainly more expensive! here each lottery is 99 minutes in which you have the opportunity to place more bets based on the progress of the game.
Better than a scratch & win 3.0!  Wink
If a round ends with a single player, the round is repeated. No bets will be lost!


sure you can see it like this but IMO it is very high for the start. my tip for you is to start with small ticket price and later to offer also higher prices for tickets.

you cant compare slots or scratch with lottery

what will you take from a draw?

just trying to help

good luck

edit

in general a lottery should offer low ticket price and high winnings as it is in real lotteries
Ive trying to spot out the deductions or HE for which i have observed he do gets 10k sats out of 100k sat bet amount which is 10% on each bet which is considered high and same as you said the bet amount was too expensive which it should be ideal if you make it lesser for people to get some interest but well having these kind of lottery games will surely failed up in the end. Not to be rude but most of the time this is what actually happens.


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swogerino
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April 19, 2018, 08:36:21 PM
 #8

In round #4 a lucky player won 0.0062 BTC! Compliments!

Now look ahead to round #5! Place your bets and...good luck!

In a lottery winning 6x your bet is not very high. This can be done easily playing soccer ,ice hockey , basketball or tennis bets. I think that you need to lower the price of a ticket to 0.0001 bitcoin and increase the rewards.

By doing so you will have many more players interested to play and the jackpot will be higher. I like the 99 minutes lottery which is a new concept for me that I see for the first time here.

                                 
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Round99
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April 19, 2018, 09:23:50 PM
 #9

Thank you for your opinion. We always take user advice into consideration!  Wink

SATOSHIROUND.com | The 99 minutes on-chain lottery
adaseb
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April 20, 2018, 12:31:21 AM
 #10

Thank you for your opinion. We always take user advice into consideration!  Wink

I don't think there is anything wrong with the bet size. Since this is an onchain type of gambling game.

The fees on the Bitcoin network can increase again and we will all be using 300-400 sat/byte to send transactions.

My advice is you can use a different currency like Bitcoin Cash and lower the bet size. Since that network is mostly empty and just looking for blocks to fill.

To help this site you need more incentives and bonuses however. Like the above poster has said, many will just go and bet on dice instead since it's faster and house edge is lower.

If you offered new gambler deposit bonuses or other prizes than it has a good chance of hitting off.

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Round99
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April 20, 2018, 08:30:15 AM
 #11

I don't think there is anything wrong with the bet size. Since this is an onchain type of gambling game.

The fees on the Bitcoin network can increase again and we will all be using 300-400 sat/byte to send transactions.

My advice is you can use a different currency like Bitcoin Cash and lower the bet size. Since that network is mostly empty and just looking for blocks to fill.

To help this site you need more incentives and bonuses however. Like the above poster has said, many will just go and bet on dice instead since it's faster and house edge is lower.

If you offered new gambler deposit bonuses or other prizes than it has a good chance of hitting off.

Until a few days ago Satoshiround worked on the BCH network, now we are back on the BTC network as our users have requested us because of low transaction costs.
So, send only BTC! Good luck!

SATOSHIROUND.com | The 99 minutes on-chain lottery
Round99
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April 20, 2018, 09:06:41 AM
 #12

Nice shot in round #4! Won 0.0062 BTC

SATOSHIROUND.com | The 99 minutes on-chain lottery
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