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Author Topic: ▓ YABTCL.com ▓ Instant Lotto with house edge varying from 0% - 1%  (Read 34644 times)
iawgoM
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May 14, 2015, 10:14:08 AM
 #161

Hi, is this site still functional? any players?
yabtcl (OP)
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May 21, 2015, 03:10:29 AM
 #162

Instant Lottery

We now have an Instant Lottery. No more waiting a few days to see the result.

Here is how it works:

To play our instant lottery you have to choose 1-16 numbers from a total of 67 available. The prizes will depend on the amount of chosen numbers.

TRY BEFORE YOU PLAY:
If you want to try it before playing with real Bitcoins, you just need to check the option "Play for fun" and you will have 100 Play BTC to try the game and test your strategies.

AUTO PLAY MODE:
We have an Auto Play option with some settings. When you start a game with the Auto Play on, it will stop only when you click on the "Stop" button or when one of the conditions adjusted in the Auto Play configuration is met.
If the Auto Play is on, a table will be displayed showing how many rounds were played, the current bet value, your winnings and the maximum profit got in the current game.

SUPER FAST RESULTS:
When playing using the Auto Play, if you don't wanna wait each round to be played, you can advance up to 1000 rounds per request.

PROVABLY FAIR:
Our instant Lottery is provably fair. Before each game we show the SHA256 hash of the secret that will be used to generate the winning numbers of the next game.
For each game started, we follow the steps below:

    1-Concatenate the secret with himself;
    2-Generate the SHA512 hash of the string got on the previous step;
    3-Get the first 7 characters of the hash got on the previous step and transform it to decimal base;
    4-Get the remainder when dividing the number got on the previous step by 67;
    5-Add one to the number got on the previous step;
    6-If the number got on the previous step is not on the list of winning numbers, add it to the list;
    7-If the list of winning numbers has 16 numbers, go to step 11;
    8-Remove the first 7 characters of the hash used on the step 3;
    9-If the string got on the previous step has more than 7 characters, go to step 3;
    10-If the string used on the previous step has less than 7 characters, concatenate the hash got on the step 2 with the secret and go to the step 2;
    11-If the Auto Play is on: stop if one of the conditions is met, otherwise concatenate the hash got on the step 2 with the secret and go to the step 2;
    12-If the Auto Play is off, stop.

LOW HOUSE EDGE:
Our house edge is very close to 1%.

REFERRAL SYSTEM:
Our multi-level referral system also works with our instant lottery. For each round played we pay 10% of the house edge for the first level, 8% for the second level and 7% for the third level. So if a player plays one round with a bet value of 0.1 BTC, the first level will receive 0.0001 BTC, the second level will receive 0.00008 BTC and the third level will receive 0.00007 BTC.



Good luck for all.

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August 21, 2015, 06:10:22 AM
 #163

Congratulations!

Your lotto is one of the few remaining with a good jackpot (>= 100 BTC) over time.

I was wondering some (crazy?) idea: Would that idea of "Margin (Kelly) investing of 10 - 1000%" implemented at 64Blocks.com (a dice game) as explained here ( https://bitcointalk.org/index.php?topic=1024458.0 ) fit your lottery in any way?

That would open the possibilities of higher profits for both sides (bettors and investors) as well.

Dice games are almost like lotteries, don't you think so?

That would be interesting, wouldn't it?

Cheers.

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yabtcl (OP)
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August 23, 2015, 04:29:37 AM
 #164

Hey financisto,

Your idea won't work in our investment,

our investment is for our scheduled lottery and it's is different from the dice sites you see around.

The dice sites are instantaneous and have house edge so the house can win or lose depending on the result of the bet. Our instant lottery have a house edge, but not a invest system.

Our scheduled lottery is not instantaneous, and we have a house fee of 4% that we take from each ticket bought before split the remainder into the jackpots.

That's why this idea for the investment in our scheduled lottery won't work.

regards

yabtcl (OP)
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September 09, 2015, 12:25:13 AM
 #165

Variable house edge
Our instant Lottery has a variable house edge system. The house edge starts at 1%, but you can lower it up to 0% in the following ways:

Playing our instant lottery:
  • If your all your bets in our instant lottery totalize more than 10 BTC, the house edge for your games will be lowered by 0.1%
  • If your all your bets in our instant lottery totalize more than 30 BTC, the house edge for your games will be lowered by 0.2%
  • If your all your bets in our instant lottery totalize more than 50 BTC, the house edge for your games will be lowered by 0.3%
  • If your all your bets in our instant lottery totalize more than 70 BTC, the house edge for your games will be lowered by 0.4%
  • If your all your bets in our instant lottery totalize more than 100 BTC, the house edge for your games will be lowered by 0.5%
The minimum house edge you can reach with the above conditions is 0.1%

Losing in our instant lottery:
if you're playing a not automatic instant lottery game or an automatic one without the bet multiplier option enabled:
  • If your cumulative losses are greater than 10x the bet value of your next game, the house edge for the next game will be lowered by 0.4%
  • If your cumulative losses are greater than 100x the bet value of your next game, the house edge for the next game will be lowered by 0.6%
  • If your cumulative losses are greater than 1000x the bet value of your next game, the house edge for the next game will be lowered by 0.8%
The minimum house edge you can reach with the above conditions is 0%

if you're playing an automatic instant lottery game with the bet multiplier option enabled:
  • If your cumulative losses are greater than 10x the maximum bet value allowed of your next game, the house edge for the next game will be lowered by 0.4%
  • If your cumulative losses are greater than 100x the maximum bet value allowed of your next game, the house edge for the next game will be lowered by 0.6%
  • If your cumulative losses are greater than 1000x the maximum bet value allowed of your next game, the house edge for the next game will be lowered by 0.8%
The minimum house edge you can reach with the above conditions is 0%

  • If your cumulative losses in our instant lottery are greater than 0.5 BTC, the house edge for your games will be lowered by 0.1%
  • If your cumulative losses in our instant lottery are greater than 1 BTC, the house edge for your games will be lowered by 0.2%
  • If your cumulative losses in our instant lottery are greater than 1.5 BTC, the house edge for your games will be lowered by 0.3%
  • If your cumulative losses in our instant lottery are greater than 2 BTC, the house edge for your games will be lowered by 0.4%
  • If your cumulative losses in our instant lottery are greater than 2.5 BTC, the house edge for your games will be lowered by 0.5%
  • If your cumulative losses in our instant lottery are greater than 3 BTC, the house edge for your games will be lowered by 0.6%
  • If your cumulative losses in our instant lottery are greater than 3.5 BTC, the house edge for your games will be lowered by 0.7%
  • If your cumulative losses in our instant lottery are greater than 4 BTC, the house edge for your games will be lowered by 0.8%
  • If your cumulative losses in our instant lottery are greater than 4.5 BTC, the house edge for your games will be lowered by 0.9%
  • If your cumulative losses in our instant lottery are greater than 5 BTC, the house edge for your games will be lowered by 1%
The minimum house edge you can reach with the above conditions is 0% 
   
Having one of the top 100 scores in our score system:
  • If your position is between 1 and 30, the house edge for your games will be lowered by 0.9%
  • If your position is between 31 and 60, the house edge for your games will be lowered by 0.7%
  • If your position is between 61 and 100, the house edge for your games will be lowered by 0.5%
The minimum house edge you can reach with the above conditions is 0.1%


As you can see, the conditions above were separated in groups.

The bonuses are cumulative between groups. This means for example that, if all your bets made in our instant lottery totalize more than 30 BTC and your position in our score system is between 61 and 100, the house edge for your next game will be 0.3%.

Another example, if all your bets made in our instant lottery totalize more than 100 BTC and you own the first position in our score system, the house edge for your next game will be 0.1%. This is because the minimum house edge between the two groups where you met a condition is 0.1%.

Last example, if you have the first position in our score system and you have cumulative losses greater than 100 times the maximum bet of your next game, then your next game will have a house edge of 0%.

Note: If you're playing a game with 0% house edge in automatic mode, the game will stop automatically if you reach a cumulative profit greater than the maximum payout per bet and the house edge for your games will be raised accordingly to the conditions met in the above groups.

yabtcl (OP)
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September 30, 2015, 10:59:41 AM
 #166

We have lowered the minimum bet in our instant lottery.
Now you can bet as low as 1 bit (100 satoshis)

syndria
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September 30, 2015, 11:02:23 AM
 #167

We have lowered the minimum bet in our instant lottery.
Now you can bet as low as 1 bit (100 satoshis)

That sounds good you lowered the bet price,
yabtcl (OP)
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September 30, 2015, 06:59:08 PM
 #168

Glad you liked it.

We thought in lowering it to 1 satoshi, but after brainstorming it a bit, we believe 1 bit is low enough.

If someone presents a compelling case to lower it to 1 satoshi, we will take a look more carefully.

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September 30, 2015, 07:35:12 PM
 #169

Glad you liked it.

We thought in lowering it to 1 satoshi, but after brainstorming it a bit, we believe 1 bit is low enough.

If someone presents a compelling case to lower it to 1 satoshi, we will take a look more carefully.

Someone won from this? Or no one yet?
yabtcl (OP)
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October 01, 2015, 10:22:55 AM
 #170


Someone won from this? Or no one yet?

Yes, in all of our lotteries types players have won considerable amounts.

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November 26, 2015, 02:16:58 PM
 #171

I will try some bets, hope to get some luck
yabtcl (OP)
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November 27, 2015, 01:14:32 AM
 #172

I will try some bets, hope to get some luck

We hope you get lucky too. If you're happy, we are happy.

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November 27, 2015, 02:51:16 AM
 #173

I have bought 1 ticket and won 0.10BTC on hitting 2 digits on draw no 343, waiting for withdraw to be processed.
 Smiley Smiley

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November 27, 2015, 05:38:18 AM
 #174

I have bought 1 ticket and won 0.10BTC on hitting 2 digits on draw no 343, waiting for withdraw to be processed.
 Smiley Smiley

Congrats I was wondering who made the deposit this round.
Usually someone wins the two number round on Yabctl but not that large amount so that's a nice get

Believing in Bitcoins and it's ability to change the world
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November 27, 2015, 05:44:24 AM
 #175

I have bought 1 ticket and won 0.10BTC on hitting 2 digits on draw no 343, waiting for withdraw to be processed.
 Smiley Smiley

How much it cost you for one ticket? Congrats for the win.
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November 27, 2015, 06:07:03 AM
 #176

I have bought 1 ticket and won 0.10BTC on hitting 2 digits on draw no 343, waiting for withdraw to be processed.
 Smiley Smiley

How much it cost you for one ticket? Congrats for the win.
It depends on how much you want to bet. The minimum amount is 0.000001, but you can also play for fun - no real btc will be used.
There is also a free lottery that you can participate.

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yabtcl (OP)
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November 27, 2015, 11:26:00 PM
 #177

I have bought 1 ticket and won 0.10BTC on hitting 2 digits on draw no 343, waiting for withdraw to be processed.
 Smiley Smiley

nice profit, congratulations

yabtcl (OP)
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November 27, 2015, 11:30:32 PM
 #178

I have bought 1 ticket and won 0.10BTC on hitting 2 digits on draw no 343, waiting for withdraw to be processed.
 Smiley Smiley

How much it cost you for one ticket? Congrats for the win.

The base ticket price in our scheduled lottery is 0.001 BTC.

In our instant lottery the minimum bet is 0.000001 BTC (or 1 bit).

Regards

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November 27, 2015, 11:34:45 PM
 #179

Congratulations on launching your own Signature Campaign on bitcointalk. Actually I never heard about Yabtcl before and after seeing some Yabtcl signatures I decided to check if you have thread in gambling section.
I will check if lottery is more interesting than direct betting...
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November 28, 2015, 02:00:42 AM
 #180

I want to play but I only have dogecoin maybe you are interested in receiving deposit dogecoin  just suggestion
Why you just exhange your dogecoin to Bitcoin to play there. If you want to find where you'll change your dogecoin to bitcoin go to here https://shapeshift.io/



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