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Author Topic: The Simpliest lottery  (Read 699 times)
vanya1210 (OP)
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May 02, 2013, 08:39:56 PM
Last edit: May 02, 2013, 10:09:51 PM by vanya1210
 #1

Closed.
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tutkarz
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May 02, 2013, 08:47:29 PM
 #2

Hi there!

The rules are totally simple: You send ANY amount of BTC to: 1AWb6mWAzLhva1V7wi9SW3wmJT4ja6wTMh and pick a number from 1 to 10.

After all numbers are picked I generate a random number and the winner gets 90% Jackpot!

To prevent paying money to newly registered accounts people who have less than 100 posts on a forum temporary will not be able to gamble.

Good Luck!

so if i bet 1 satoshi i will have the same chances to take jackpot like a person who bet 1000btc. good one.

vanya1210 (OP)
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May 02, 2013, 08:52:57 PM
 #3

Thanks Tutkarz! Edited.
BRules
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May 02, 2013, 09:22:38 PM
 #4

You should have put more thought on this before posting


After all numbers are picked I generate a random number


How can you garantee me that the number you will say is random?

and the winner gets 300% of his bet or 90% Jackpot of all bets if more!

so, if I bet 1 satoshi and another guy bet 10 BTC I will get 3 satoshis and you will take the rest. But if I bet 10 btc and the rest bet 1 satoshi I will lose 1 BTC.

To prevent paying money to newly registered accounts people who have less than 100 posts on a forum temporary will not be able to gamble.

what's the problem of new accounts betting on this? They will pay to be part of it.



vanya1210 (OP)
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May 02, 2013, 09:32:53 PM
 #5

Ok.

Why wouldn't I get random numbers? If anyone does not believe this I can make a video.

On the second quote - fixed.

On the third - this was made to make sure that only known people on the forum will be able to gamble - I mean I will not be able to create fake accounts and cheat.
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May 02, 2013, 09:37:26 PM
 #6

Ok.

Why wouldn't I get random numbers? If anyone does not believe this I can make a video.

On the second quote - fixed.

On the third - this was made to make sure that only known people on the forum will be able to gamble - I mean I will not be able to create fake accounts and cheat.
You don't make a video. Let's do this:

http://www.xorbin.com/tools/sha256-hash-calculator

I have a secret. My secret has a hash of 37ac021f55a15b71fe3756163421509fbaa4a300e7857d44a894a0a363c67c4d

You create a secret (enter something unique into the data box). You post the hash power.

We decide the winner by combining both of our secrets (not the hash, but the actual underlying secret) and getting the first digit from the hash.

Pick a secret. Or not, because this is a silly idea. I bet 100 BTC, others bet a total of 0.05 btc, you're not going to pay me out 300 btc.
vanya1210 (OP)
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May 02, 2013, 09:55:35 PM
 #7

Ok.

Why wouldn't I get random numbers? If anyone does not believe this I can make a video.

On the second quote - fixed.

On the third - this was made to make sure that only known people on the forum will be able to gamble - I mean I will not be able to create fake accounts and cheat.
You don't make a video. Let's do this:

http://www.xorbin.com/tools/sha256-hash-calculator

I have a secret. My secret has a hash of 37ac021f55a15b71fe3756163421509fbaa4a300e7857d44a894a0a363c67c4d

You create a secret (enter something unique into the data box). You post the hash power.

We decide the winner by combining both of our secrets (not the hash, but the actual underlying secret) and getting the first digit from the hash.

Pick a secret. Or not, because this is a silly idea. I bet 100 BTC, others bet a total of 0.05 btc, you're not going to pay me out 300 btc.

I made that easier. Please note that I fixed the bet amount.
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May 02, 2013, 10:00:55 PM
Last edit: May 02, 2013, 10:13:18 PM by TradeFortress
 #8

It does not, because you could tell - say a friend of yours who have an old bitcointalk account to bet on number X.
vanya1210 (OP)
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May 02, 2013, 10:09:38 PM
 #9

OK. Admins pls close this topic.

I will create another lottery with new fixed rules.
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May 02, 2013, 10:14:46 PM
 #10

You can lock the thread yourself.

You have to get a third party really. Sites like satoshi dice can tell you that your bet was provably fair, but they know the secret - and they can pick transactions that would be winning bets. Same thing here. So you need to rely on an external source.

For example, state lottery numbers, or just a secret from a trusted member.

Alternately, disregard everything and sleep cause nobody will play.
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