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Author Topic: [Research] Betting on Live Lottery Draws?  (Read 454 times)
BisonPoint
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April 29, 2017, 10:50:00 AM
 #1

Hi everybody,

I noticed there are many bitcoin lotteries, but I could not find any betting on actual real lottery draws.
I was thinking, of starting that kind of service, so I would like to see some opinions and suggestions.

The most interesting point is that regular bookmakers offer some interesting quotes on this kind of bets; like:
- picking 2 numbers 80:1
- picking 3numbers 1720:1
- picking 4 numbers 5000:1

I would appreciate any opinion and suggestion.
Thanks.
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Ukuhudu
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May 05, 2017, 06:48:05 PM
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Great Project , but I think there are a lot bitcoin bookmakers , maybe you want to create blockchain based booky.
 Hope I'm right. 
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May 05, 2017, 10:15:23 PM
 #3

Your idea is something fresh, as I haven't seen any betting on lottery draws services around. It certainly eliminate one major issue, provably fair factor.
It put your idea more to sportbetting category than lottery IMO.

The downside is that: lottery is kinda niche market for bitcoin gamblers, they don't find it that much interesting.
So it will be hard to say whether your project will catch on.

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BisonPoint
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May 07, 2017, 07:18:35 PM
 #4

Thanks for your replies Ukuhudu and Sundark.

I started this discussion to see if there is any interest in Bitcoin community in this kind of betting.
It is just an idea, and I was just testing waters.

Unfortunately, I must agree with Ukuhudu - people who bet with Bitcoin are looking for something much faster - this is kind a slow.
Even this discussion here shows how little interest there is for this kind of betting

Anyway, guys, thanks for taking time to post some replies, I really appreciate it
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