[BITLOTTO JR] - Weekly raffle with cheaper ticket prices (0.05 BTC)

[bitlotto]

I just started BitLotto Jr. It operates in a very similar fashion to BitLotto. The main difference is the price- 0.05 per ticket and the draws occur every Wednesday 00:00:00 UTC. The winner is calculated in the same way as BitLotto.

The address for the draw is: 1fTfE6DrBua28gY5Lb8FZYQznU5VP7rjx

This address will be used for a while and any late payments just go over to the next weeks draw.

Remember:
-buy each ticket separately by making each payment only 0.05
-you can buy as many tickets as you want to increase odds of winning
-only purchase the tickets using Bitcoin running on your computer - no Ewallets such as MyBitcoin or Instawallet
-back up your wallet in case it is lost. Payment can only go to the address that sent the payment.

More info:
http://bitlotto.com/jr.php and http://www.bitlotto.com


GOOD LUCK!!!!
 

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[PandaMiner]

wow, this would get expensive if I want to buy 20 tickets at 0.0005 transaction tax.

But I did purchase more than one ticket. GL to me!! hehe

[bitlotto]

Are you going to show the pot size for JR.? I don't see it anywhere. The page looks just cluttered with text and confusing

Ya, it's on my to do list. And yes, I know my website is cluttered a bit. I'm not really a designer. That has to be fixed and cleaned up too!!

[Konzul]

The Jr. website does throw a 404 for me atm.

In general I like a weekly drawing. But ticket prize of 0.05 might be to much hassle. I don't mind the 0.25 of the monthly one as almost all of it is going to the prize anyway. With the higher prize I will only buy 1 or 2 tickets. With 0.05 I can see many people buying a lot of tickets.

[bitlotto]

The Jr. website does throw a 404 for me atm.

In general I like a weekly drawing. But ticket prize of 0.05 might be to much hassle. I don't mind the 0.25 of the monthly one as almost all of it is going to the prize anyway. With the higher prize I will only buy 1 or 2 tickets. With 0.05 I can see many people buying a lot of tickets.

Doh. That's because I changed it to php instead of html so it shows to jackpot size. Should work now. If people buy a lot of 0.05 tickets that's ok hey? Since you would have only spent 0.05 and the jackpot could be high. Your risk vs winnings will always be a nice fit since it's a raffle.

[TheBitMan]

The Jr. website does throw a 404 for me atm.

In general I like a weekly drawing. But ticket prize of 0.05 might be to much hassle. I don't mind the 0.25 of the monthly one as almost all of it is going to the prize anyway. With the higher prize I will only buy 1 or 2 tickets. With 0.05 I can see many people buying a lot of tickets.

Doh. That's because I changed it to php instead of html so it shows to jackpot size. Should work now. If people buy a lot of 0.05 tickets that's ok hey? Since you would have only spent 0.05 and the jackpot could be high. Your risk vs winnings will always be a nice fit since it's a raffle.

Still doesn't work

EDIT: works now!

[Konzul]

Doh. That's because I changed it to php instead of html so it shows to jackpot size. Should work now. If people buy a lot of 0.05 tickets that's ok hey? Since you would have only spent 0.05 and the jackpot could be high. Your risk vs winnings will always be a nice fit since it's a raffle.

Yeah it's working now! What I meant to say is that it's just so much effort to buy tickets at 0.05 as its so low value. To make the jackpot into something interesting you need thousands of tickets every week yet there is only a limited number of individual possible punters.

It would be easier if one could buy say 10 tickets in one transaction, but with the very secure and open way the lottery works that's likely not possible.

[bitlotto]

Doh. That's because I changed it to php instead of html so it shows to jackpot size. Should work now. If people buy a lot of 0.05 tickets that's ok hey? Since you would have only spent 0.05 and the jackpot could be high. Your risk vs winnings will always be a nice fit since it's a raffle.

Yeah it's working now! What I meant to say is that it's just so much effort to buy tickets at 0.05 as its so low value. To make the jackpot into something interesting you need thousands of tickets every week yet there is only a limited number of individual possible punters.

It would be easier if one could buy say 10 tickets in one transaction, but with the very secure and open way the lottery works that's likely not possible.

Well, you could always play BitLotto instead of BitLotto Jr! Both are meant for different markets. If you want to send a lot to the cheaper one just copy and paste. Shouldn't take long for 10 tickets. Maybe a minute.

[Konzul]

First drawing of the Jr lottery will be soon. Good luck to everybody who got tickets!

[Konzul]

July 20 BitLotto Jr. Jackpot Size Approx: 3.71 BTC or 51.98 USD
Current approx odds: 1/75 or 1/(total tickets)

75 tickets sold - not bad for the first drawing. Now anxiously waiting for the results

[bitlotto]

July 20 BitLotto Jr. Jackpot Size Approx: 3.71 BTC or 51.98 USD
Current approx odds: 1/75 or 1/(total tickets)

75 tickets sold - not bad for the first drawing. Now anxiously waiting for the results

That was fast. LOL. You beat me. So, are you the one that bought all the ones at the end?

[Konzul]

No sadly not all of the last ones.... I've got maybe 15 tickets this drawing. I think the last tickets where sold shortly after I bumped this thread...

[bitlotto]

First winner:

Jackpot size: 3.71 BTC
Lucky Block: 137111 Mega Millions Numbers: 02 09 10 16 35 Mega Ball 40
Winning Picks: 5eecc74170
Winner's Hash: 57df1912e8
Winner: 1Phcafw1rUuvH8DhCEZPVmCt1UeQ4hNWKU

Congrats!

[bitlotto]

So far: 2.72 BTC up for grabs with a 0.05 ticket.

[bitlotto]

Congrats 1NTEfZpRnrK5gn7JudP25uwtmFBsSaM7kB!! You won about $50 USD worth of BTC!!

Jackpot size: 3.96 BTC
Lucky Block: 138216 Mega Millions Numbers: 20 25 35 52 55 Mega Ball 10
Winning Picks: dc5cc7b7ec
Winner's Hash: dc3f95adc8...
Winner: 1NTEfZpRnrK5gn7JudP25uwtmFBsSaM7kB

[CERN]

Aha, I won!  What a lucky week

I placed three bets on it throughout the past few days, and apparently it paid off!  But really, did luck even have a role in this?  I'm not just CERN;  I'm CERN.  You know, the people with the LHC?  Black holes, etc?

Time travel aside, maybe I'll let someone else win next time, just for karma :p

[bitlotto]

Aha, I won!  What a lucky week

I placed three bets on it throughout the past few days, and apparently it paid off!  But really, did luck even have a role in this?  I'm not just CERN;  I'm CERN.  You know, the people with the LHC?  Black holes, etc?

Time travel aside, maybe I'll let someone else win next time, just for karma :p

Hey, congrats!
I can't think of a better choice for time travel. That's what I'd do. Cheat BitLotto Jr. LOL. Ooops, it can be cheated after all.

[bitlotto]

Hey Bitlotto, I am looking at the blockexplorer transaction page and see many "sent" transactions...What's up with that? Shouldn't they all be there and you only send one, at the end of the round?

It's just the way Bitcoin sends the transaction. Because I get a bunch of 0.05 BTC pieces it will send them all separately to the next person all as the same transaction. The next time the winner spends them they'll be grouped and won't do that.   

[bitlotto]

Congratulations!!

August 3 2011
Jackpot size: 1.98 BTC
Lucky Block: 139355 Mega Millions Numbers: 14 17 19 20 32 Mega Ball 28
Winning Picks: e4ebdc7167
Winner's Hash: e92b639642...
Winner: 13ortwhCHKecoiY1wjfWT87qLEKV7utERR

[bitlotto]

Congratulations!

August 10 2011
Jackpot size: 2.72 BTC
Lucky Block: 140311 Mega Millions Numbers: 11 19 39 45 54 Mega Ball 15
Winning Picks: 928d8d406b
Winner's Hash: 9123f50f80...
Winner: 1EYDoiEcrAY85HxcMZkTT4nV7TbYFbyFSf