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Author Topic: Advise us on creating legitimate lottery [results based on euro millions]  (Read 246 times)
realediston
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June 25, 2017, 11:14:00 AM
 #1

Hi


TL'DR :  We live in Europe and there is a very famous lottery draws twice a week Euro millions 'https://www.euro-millions.com'

We have a pool of European based lottery buyers and we divide the wins whenever we make anything.
Now we want to start a lottery of our own solely based on BTC because we believe BTC and other crypto's are the future. We have checked with the local government agencies and non-one cares about BTC as a lottery. So basically we have a go ahead from them.

Our simple question is how do we make sure that new lottery buyers have trust in us. We don't want to partner with governments.

It is just an idea. We are not asking for BTC or money. We want advice.

Best regards
Edi

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mattermaster
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June 25, 2017, 01:55:04 PM
 #2

Look at the kiboplatform.net . World's first ethereum based lottery.
You might like its concept. The only aspect you need to change is to make it bitcoin based.

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June 25, 2017, 01:58:34 PM
 #3

Start with a proper team, a website, gain some trust in the bitcoin sphere.
Trust is the greatest thing, difficult to gain, easy to lose.

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June 25, 2017, 01:59:52 PM
 #4

Lottery is quite profitable and for the first time making the users believe and buy it is really difficult task. If you make it successful for the first time then success is all yours. The platform in which it functions doesn't matter, the trust you generate is the one that stands high.

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June 25, 2017, 02:40:51 PM
 #5

Hey good to see this, if you want the trust of the community then you need to make it a fair draw, like when I deposit 0.2 for example to participate in the lottery, you give me the options to select from 0 to 1000 and you set a block in the future to be mined as the draw to determine the winner.
EG, I select 120 and when next week a miner mines a block of whatever the block count will be by then, you take the first 4 digits of the block after all the zeros of course and if it was close to my selected number then I win, just let the blocks determine the winner, otherwise I'd never participate.

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June 25, 2017, 02:55:26 PM
 #6

Nowadays bitcoin miner's fee is getting expensive, you could try out ethereum for your project as they don't have too big fees.

Though if you want to push through with bitcoins as your main currency then you should probably contact someone that knows how to create a bitcoin gambling site, check out seconds trade gambling site and see how it works, maybe you can imitate their website and make it suited for you. Just find a good developer though, as there would people just trying to scam you off your money.
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June 25, 2017, 04:31:24 PM
 #7

Hi


TL'DR :  We live in Europe and there is a very famous lottery draws twice a week Euro millions 'https://www.euro-millions.com'

We have a pool of European based lottery buyers and we divide the wins whenever we make anything.
Now we want to start a lottery of our own solely based on BTC because we believe BTC and other crypto's are the future. We have checked with the local government agencies and non-one cares about BTC as a lottery. So basically we have a go ahead from them.

Our simple question is how do we make sure that new lottery buyers have trust in us. We don't want to partner with governments.

It is just an idea. We are not asking for BTC or money. We want advice.

Best regards
Edi

hey guys

the idea is not new but good Smiley

it is very naive to think you have the go ahead from the government. you need to know your risks

you dont need trust if you take a trusted escrow

good luck

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June 25, 2017, 04:45:07 PM
 #8

Hi


TL'DR :  We live in Europe and there is a very famous lottery draws twice a week Euro millions 'https://www.euro-millions.com'

We have a pool of European based lottery buyers and we divide the wins whenever we make anything.
Now we want to start a lottery of our own solely based on BTC because we believe BTC and other crypto's are the future. We have checked with the local government agencies and non-one cares about BTC as a lottery. So basically we have a go ahead from them.

Our simple question is how do we make sure that new lottery buyers have trust in us. We don't want to partner with governments.

It is just an idea. We are not asking for BTC or money. We want advice.

Best regards
Edi

If you want buyers have trust in you the only way to achieve that is by using a trusted escrow and of course your lottery should be a provably fair one.

Good luck with your lottery! Great idea!
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June 25, 2017, 05:12:41 PM
 #9

Hi


TL'DR :  We live in Europe and there is a very famous lottery draws twice a week Euro millions 'https://www.euro-millions.com'

We have a pool of European based lottery buyers and we divide the wins whenever we make anything.
Now we want to start a lottery of our own solely based on BTC because we believe BTC and other crypto's are the future. We have checked with the local government agencies and non-one cares about BTC as a lottery. So basically we have a go ahead from them.

Our simple question is how do we make sure that new lottery buyers have trust in us. We don't want to partner with governments.

It is just an idea. We are not asking for BTC or money. We want advice.

Best regards
Edi

If you want buyers have trust in you the only way to achieve that is by using a trusted escrow and of course your lottery should be a provably fair one.

Good luck with your lottery! Great idea!

sure that I agree with you but if he is doing it right it is better than provably fair Smiley

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June 25, 2017, 08:35:12 PM
 #10

Thank you so much guys.

Based on your comments, following is our attempt: https://bitcointalk.org/index.php?topic=1985103.0

Best regards
Edi

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