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Author Topic: bitcoin new $1000,000 jack[pot  (Read 331 times)
panjul07
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February 20, 2018, 02:59:13 PM
 #41


Hey everyone!

I'm CryptoJoshua from Bitcoin Jackpot and we'd like to partner with you. Bitcoin Jackpot is building what we hope to be the world's best crypto raffle. Promote our raffle tickets and receive a generous recurring commission. Actually you might make more commissions with us than with other programs.

We will pay you $5 USD for each ticket sale. For example if you send 5,000 paid sales, your payment would be $25,000 USD. Then if those same customers buy again in future raffles you'll get another $2 USD per sale for doing nothing.

We're trying to bring some fun into the crypto community and I really hope to work with you.

Here's our website for you to check out: www.bitcoinjackpot.global and the the affiliate sign up is in the footer.

Let's work together,
CryptoJoshua


It is very great commission, but once again there is no guarantee that affiliate users will get the payment as there is no escrow. To be honest $5 for every 1 ticket ($20) is just too good to be true IMO. It is very hard to promote a new site especially a lottery/raffle site with no good drawing system and escrow for the first time. I doubt people will start to promote your site to earn $5 per ticket bought by their referrals because of the mentioned reasons.

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CryptoEbe
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February 20, 2018, 05:58:50 PM
 #42


It is very great commission, but once again there is no guarantee that affiliate users will get the payment as there is no escrow. To be honest $5 for every 1 ticket ($20) is just too good to be true IMO. It is very hard to promote a new site especially a lottery/raffle site with no good drawing system and escrow for the first time. I doubt people will start to promote your site to earn $5 per ticket bought by their referrals because of the mentioned reasons.


Hey Panjul,

I thought you wanted us to take a smaller percent from the prize pool, so we decided to share the profits with our partners, but seems like you are still not happy if we increase rewards via this affiliate program. Regarding your escrow comment, let me address that first. We started this raffle just this month, and decisions like this takes time; so this is currently still in discussion among our team. In my opinion (not my team decision), I am not for escrow idea because of the following reasons.

From my research on other raffles, like Princess Margaret Lotto for example, when they get let's say 10% of the revenue in their bank, they begin to spend it on advertising and operating costs. So right now, it's a working business model vs escrow which isn't used in raffles that I know of. Keep in mind that Satoshi Dice and other big risk formats don't have escrow too. None of the big bitcoin casinos have that (correct me if I am wrong). Moreover, you need to be wary even if someone uses escrow because there are scams there too (https://blockonomi.com/erc-20-token-guide/#Watch_Out_Scammers_Can_Make_ERC-20_Tokens_Too). Also, what if our escrow provider goes under and our funds are tied up? Then all our efforts would be ruined as well because of someone else.

Also, since this is round 1, we are using most of our profits to promote our raffle. For example, you already know about our affiliate program and our banner advertisements in various sites; you also know about our free tickets given out initially and we are also planning to have multiple smaller draws along the way, so our overhead cost is huge for round 1 Another problem with the crypto world, since we are accepting only crypto payments, what if we have our escrow funds in BTC, but BTC crashes and we have to pay $1,200,000 USD in prizes? I doubt escrow would give us the flexibility to transfer a portion to stable fiat money and to use our revenue towards promotions. Once again, this is only my personal opinion and this does not reflect a final decision from my team as we are still debating on using an escrow.

And now, to address your concerns about our drawing process. We are going to let a third party do the draw. We are planning to get the people from random.org themselves (if possible, or someone well known) to do the draw, but we will not do the draw ourselves. Would you rather have the people who made the raffle come up with a process to draw (more chances of manipulating the draw) instead of a completely unrelated third party (that is also well established)? Do you think random.org is not fair in choosing its random numbers? If you have concerns about how random.org chooses random numbers, check out their FAQ page as they have tons of information. Thanks.

Regards,
CryptoEbe
marlboroza
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February 20, 2018, 07:53:02 PM
Last edit: February 20, 2018, 09:02:12 PM by marlboroza
 #43

You've just raised many red flags and this looks like scam attempt:

And now, to address your concerns about our drawing process. We are going to let a third party do the draw. We are planning to get the people from random.org themselves (if possible, or someone well known) to do the draw, but we will not do the draw ourselves. Would you rather have the people who made the raffle come up with a process to draw (more chances of manipulating the draw) instead of a completely unrelated third party (that is also well established)? Do you think random.org is not fair in choosing its random numbers? If you have concerns about how random.org chooses random numbers, check out their FAQ page as they have tons of information. Thanks.
You can easily fake results using random.org. Don't play dumb.
Use this https://www.randompicker.com or don't run lottery.

Regarding your escrow comment, let me address that first. We started this raffle just this month, and decisions like this takes time; so this is currently still in discussion among our team. In my opinion (not my team decision), I am not for escrow idea because of the following reasons.
Reasons? Lets talk about "reasons" and facts.

Quote
Keep in mind that Satoshi Dice and other big risk formats don't have escrow too.
You are not Satoshi Dice. You are brand new site without escrow and fair system.

Quote
None of the big bitcoin casinos have that
You are not big casino.

Quote
Moreover, you need to be wary even if someone uses escrow because there are scams there too
What this suppose to mean? Do you know what escrow is? You won't get money back from escrow. Escrow will send money to winners(edit* and your % back to you.)

Quote
Also, what if our escrow provider goes under and our funds are tied up? Then all our efforts would be ruined as well because of someone else.
There are several highly trusted escrows in forum. If you don't trust 1 use more escrows. This is only excuse not to use escrow.

Quote
Also, since this is round 1, we are using most of our profits to promote our raffle.
How many tickets have you sold already? I believe this is something which you call profit, right?

Quote
Another problem with the crypto world, since we are accepting only crypto payments, what if we have our escrow funds in BTC, but BTC crashes and we have to pay $1,200,000 USD in prizes?
You are accepting only crypto payments which means if you collect 100BTC, prize pool will be 100BTC no matter what happens with its fiat value.

Quote
I doubt escrow would give us the flexibility to transfer a portion to stable fiat money and to use our revenue towards promotions.
You want to run 1,000,000$ worth lottery and you don't have money for promotion/advertising?

These are all excuses, not reasons.


And finally:

Hey, thanks! Just got a few tickets, wish me luck!

Brand new account created to shill for your lottery is one big red flag.

newfan
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February 23, 2018, 04:56:12 PM
 #44


Hey everyone!

I'm CryptoJoshua from Bitcoin Jackpot and we'd like to partner with you. Bitcoin Jackpot is building what we hope to be the world's best crypto raffle. Promote our raffle tickets and receive a generous recurring commission. Actually you might make more commissions with us than with other programs.

We will pay you $5 USD for each ticket sale. For example if you send 5,000 paid sales, your payment would be $25,000 USD. Then if those same customers buy again in future raffles you'll get another $2 USD per sale for doing nothing.

We're trying to bring some fun into the crypto community and I really hope to work with you.

Here's our website for you to check out: www.bitcoinjackpot.global and the the affiliate sign up is in the footer.

Let's work together,
CryptoJoshua


hi. is the price $5 higher if someone buys from affiliate link? no one will buy from my link if i charge $25 and you charge $20 directly.
CryptoEbe
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February 23, 2018, 07:38:46 PM
 #45


Hey everyone!

I'm CryptoJoshua from Bitcoin Jackpot and we'd like to partner with you. Bitcoin Jackpot is building what we hope to be the world's best crypto raffle. Promote our raffle tickets and receive a generous recurring commission. Actually you might make more commissions with us than with other programs.

We will pay you $5 USD for each ticket sale. For example if you send 5,000 paid sales, your payment would be $25,000 USD. Then if those same customers buy again in future raffles you'll get another $2 USD per sale for doing nothing.

We're trying to bring some fun into the crypto community and I really hope to work with you.

Here's our website for you to check out: www.bitcoinjackpot.global and the the affiliate sign up is in the footer.

Let's work together,
CryptoJoshua


hi. is the price $5 higher if someone buys from affiliate link? no one will buy from my link if i charge $25 and you charge $20 directly.

Hey newfan,

The price of each ticket would be $20 regardless of whether someone buys directly or through the affiliate link. If someone uses your link, there is a 365-day cookie duration to provide you commission if they buy within that time frame. So, in the future, even if they don't go through your link again and buy a ticket, cookies would ensure that you would get your commission. Also, if they have made a purchase once as a result of your effort, you would get recurring commission if the same people buy again in the future (even if you do nothing) and this is not affected by the 365-day duration. If you have any more questions, let me know. Thanks.

Regards,
CryptoEbe
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