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Author Topic: LegacyLottery Provably Fair With 95% Payout #1 Drawing March 4th  (Read 49 times)
l4w
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February 26, 2018, 01:40:14 PM
 #1

LegacyLottery #1 Drawing March 4th. #7479

1 Ticket costs 0.001BTC  (1 mBTC)

Prices:

  • 1x 50% of the pot
  • 1x 25% of the pot
  • 1x 10% of the pot
  • 10x 1% of the pot

The remaining 5% are fees for the service.

If the pot is not reaching 0.01 BTC before March 4th all users get their tickets refunded.

How do I participate?

Fill out a simple GoogleDocs form: https://goo.gl/forms/1Rvcx269qIfLw7gi1
and send the BTC to following adress: 1PK1Ava8DrteWgPMTqTSajAwCeJZs3uhQ9 accordingly.

How is it provably fair?

The draw is going to be done via the open source Trusted Random Entropy from the defuse.ca website.
The draw is tied to a drawing number which in this case is 7479.
Before the winners are drawn a list of the BTC wallets and their corresponding ticket number is going
to be published in this thread. The drawing results are public and can be reviewed on the third
party defuse.ca website (https://defuse.ca/trustedthirdparty.htm?drawingnum=7479).
The timestamp is confirming that the draw occured after the
list of the ticket numbers were published. With this system there is no way I can change the outcome
of the draw to my advantage.

How do I know if you are not just going to take my BTC and not draw?

The beauty of blockchain is that you can track every single transaction from the Lottery wallet, thus
you can see whether I have sent out the winnings according to the public draw or not.
However for the first draw you have to trust me. I've used my private  Bitcointalk account as you can see
instead of creating a new account to proof that I have no intend to scam anyone out of their BTC.
I have just seen too many providers of lotteries on this site and elsewhere with
ridiculously high fees (up to 50%) and not a real way to prove their fairness. I've tried to optimize the process
and just want to earn some BTC for my time in the process.


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l4w
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February 26, 2018, 01:41:09 PM
 #2

reserved
JackpotRacer
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Racer and Lottery game are Closed


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February 26, 2018, 08:43:12 PM
 #3

sorry but no chance for this kind of game to succeed


chris200x9
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February 27, 2018, 07:08:13 AM
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However for the first draw you have to trust me. I've used my private  Bitcointalk account as you can see


Why does anyone need to trust you?

just want to earn some BTC for my time in the process.

Until you gain a trust from this community you will not a get a chance to make money from this process because of your still a Jr. Member.

For lottery system people likes to have automated system to pick the winners and that process can be easily verifiable.

Bitinity
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February 27, 2018, 07:31:03 AM
 #5

You need to do harder effort to make this come true. Lottery using a google docs as they way to participate and using 3rd party randomizer for the draw? It is the worst lottery ever imho and even if you are going to use block hashes for the draw which is more provably fair, no one will be interested to send their money to you for some reasons.
Escrow may works but it will be still hard to gain participants, afaik lottery is not really popular/favorite game in crypto gambling industry.
ATSgrowth
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February 27, 2018, 08:18:58 AM
 #6

Sad that but no one can be trusted...
How you can prove you won't just run away with the money?

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JackpotRacer
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February 27, 2018, 08:35:56 AM
 #7

..................................................................
Escrow may works but it will be still hard to gain participants, afaik lottery is not really popular/favorite game in crypto gambling industry.

hi Bitinity

with your sentence above I cant agree Smiley

I hope we will be back with our Dust Lottery and IMO it will be again popular as it was or even more today cause BTC high price and our motto was

"Dust to BTC"

best of luck to you

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