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Question: What do you think would happen if ticket price changed to 0.05 BTC?
Jackpot will be higher - more will play and many people will still purchase at least 0.25 or more - 37 (39.4%)
Jackpot will be the same - there will be more people playing but many will bet less - 17 (18.1%)
Jackpot will be lower - many people will bet the bare minimum - 40 (42.6%)
Total Voters: 93

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Author Topic: [BITLOTTO] Mar 1 draw over $2000 or 50BTC! Tickets now 0.1 BTC for Apr 5  (Read 54448 times)
ErebusBat
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October 10, 2012, 07:41:11 PM
 #561

I am sure it will come.

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bitlotto
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BitLotto - best odds + best payouts + cheat-proof


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October 11, 2012, 03:22:54 AM
 #562

What Otoh said. I try to publish the results as soon as possible, then I wait a few days, and allow everyone who checks the results to look it over. If no issues are brought up in a few days, I open up the wallet and send it off.

No work needed for the winner. They just have to wait and the BTC will show up automatically!

BurtW: Check your wallet now! Wink

http://blockchain.info/tx/5676ed0d459a08d8acb2c6237e0eb492639b4ef766fb3e3d613f34874ff60ef5

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
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October 11, 2012, 07:34:25 AM
 #563

What Otoh said. I try to publish the results as soon as possible, then I wait a few days, and allow everyone who checks the results to look it over. If no issues are brought up in a few days, I open up the wallet and send it off.

No work needed for the winner. They just have to wait and the BTC will show up automatically!

BurtW: Check your wallet now! Wink

http://blockchain.info/tx/5676ed0d459a08d8acb2c6237e0eb492639b4ef766fb3e3d613f34874ff60ef5
Got it and distributed to everyone in the pool.  Thanks!

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October 17, 2012, 03:55:45 AM
 #564

Nov 2 draw now over 30 BTC! Good luck everyone!

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
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October 22, 2012, 02:01:00 PM
 #565

I'm ignorant about how a state-run lottery operates with this.  When I see people buying a ton of tickets at the convenience store how are they verifying winning status for them?  Does it involve handing them over to the cashier to be verified?

 - http://news.sky.com/story/999112/brothers-wait-years-to-claim-5m-lottery-win
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October 22, 2012, 04:37:57 PM
 #566

Handing them over to a cashier takes a lot of trust as there have been cases where they just say you didn't win & then get someone else to cash it in & split the proceeds, I'll link to a big one in France in a mo, so the story you linked to does look very suspect of just that having happened but with so much time elapsed hard to prove anything. Some retailers you can see the amount of any win on their ticket reader display but better still is the bar code readers where you can just scan them yourself, or to check online/newspapers for the results or watch the draw live.

hmm, no surprise seems very common http://www.lotterypost.com/news/167801
http://www.huffingtonpost.com/2012/08/02/lottery-ticket-stolen-from-great-grandmother_n_1733871.html
http://www.telegraph.co.uk/news/uknews/9154969/Newsagent-stole-winning-156000-lottery-ticket-from-pensioner.html

can't find the French case as yet, it was big & the guy always played the same numbers & the lotto company wondered why he kept doing so after he had won with them & I think there was also trouble between the newsagent & the stooge he got to collect the winning from the stolen ticket

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November 01, 2012, 07:05:14 PM
 #567

Just a few hours left! (Remember it has to be in a block dated before 00 UTC, see blockexplorer.com to see the dates of the blocks) Good luck everyone! Just over 45 BTC for the jackpot!

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
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November 01, 2012, 09:14:32 PM
 #568

Why is there no QR code for easy payments? I'd prefer to just use my phone instead of having to open up my blockchain.info wallet.

Discover anarcho-capitalism today!
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November 03, 2012, 04:38:53 AM
 #569

Why is there no QR code for easy payments? I'd prefer to just use my phone instead of having to open up my blockchain.info wallet.
Sure, I'll work on that. I w asn't sure if anyone used that or not.

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
bitlotto
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November 03, 2012, 04:41:40 AM
 #570

Tickets:
http://bitlotto.com/2012nov2.txt

And the winner (almost certain) of 49.25 BTC:
https://blockexplorer.com/tx/bb8e582ea94625d7f1ad05841b903c5faf1cc301c749616f4ce3568e9c5d1433
1NRBAto1TRyCBF7kWGMaCKnaxNYm36Wrnb

Congrats! I'll double check the results tomorrow and update the website!

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
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November 08, 2012, 07:51:29 PM
 #571

Winning payment sent out. Good luck everyone on the next draw!

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
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November 28, 2012, 10:42:33 PM
 #572

Winning payment sent out. Good luck everyone on the next draw!

Looks like BitLotto is facing competition from other online gambling services that use Bitcoin and interest in this is waning.

This is too bad, because seeing the absolute madness that PowerBall has right now, a Bitcoin lottery service with 99% payout and being provably fair should be something exploding by now.

One idea I had was that a party could use BitLotto to enable a raffle for a specific prize.  i.e., if this party (the raffle operator) wins a BitLotto, then that party uses the winnings to buy the prize that is then granted to the holder of the winning ticket.   For example, the raffle operator lists a prize of an all-inclusive trip (including airfare) for two to some winter resort -- if the BitLotto reaches some threshold (e.g., $2K USD worth of BTC at the time when the lotto draw occurs).  If BitLotto doesn't reach that threshold, then the operator just pays out cash instead I suppose.

This can be done today without BitLotto's knowledge or participation however the raffle players would be paying funds to the operator (who then buys the tickets from BitLotto) and would have to trust this raffle operator -- there is no transparency as far as how many tickets are sold, and there is the risk that the raffle operator fails to deliver the prize and winnings.

To enable this type of proxy winner within BitLotto, what is perhaps useful then is a way that individual players can place wagers to this special pool address but if that pool is the winner, the payout goes to the operator who set it up.  This is nearly identical to how a BitLotto affiliate works, except for how the full payout of winnings goes to the party that set it up, not just the commission.

Does anyone have any thoughts on this or have other suggestions for BitLotto?
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November 29, 2012, 01:50:09 AM
 #573

Does anyone have any thoughts on this or have other suggestions for BitLotto?

Maybe someone could build play at the pump!

Powerball could become one huge freakin' mobile payment
 - http://www.mobilepaymentstoday.com/article/204451/Powerball-could-become-one-huge-freakin-mobile-payment
bitlotto
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December 04, 2012, 06:42:43 AM
 #574

Ya, there seems to be a bit of competition lately. Oh well. As bitcoin grows there should be room for lots of players. I'm not going anywhere! The nice thing that no matter how small or large the jackpot it's still a good deal as the the odds just change with the pot size.

17 BTC up for grabs so far! Good luck!

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
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December 04, 2012, 07:34:57 AM
 #575

17 BTC up for grabs so far! Good luck!

There's a performance issue with the site right now.  The page starts to load and then stalls before eventually loading the remainder.
 - http://www.BitLotto.com

Also, are you sure it is wise to load external javascript?   If that were to intermittently or selectively replace the bitcoin address it could cause misdirected wagers.
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December 10, 2012, 04:26:16 AM
 #576

Congrats 1Hanna... for winning 41.58 BTC in December!

0.25 BTC/ticket
1. 19EygNbnF6w8Y3R6niLh5ptNdBLHCbVqFW
2. 1CEJJNBPEDwk4WFGx5x6K9Dkq7uJtffBpY (Pool)
3. 151vnYBGtowaHWAYADPo8qkAohGvCs6SGP (Pool)
Jackpot size: 41.58 BTC
Lucky Block: 211178 Mega Millions Numbers: 07 43 44 51 56 Mega Ball 04
Mixer Hash: a4dd03c995...
Winner's Hash: e916a7121e1407e2626a3cfe494f625b379de2b3bf4457ed771882c9387a2d09(3)
Winner: 1HannaheRa46n6g532kRo9GmnmD5aLUt5j

http://bitlotto.com/2012dec7.txt


Next draw Jan 4!!!

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
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December 10, 2012, 08:04:29 AM
 #577

Anyone wanna pool together their coins for Jan lotto? I want to put in 10 btc. Together, we could have a VERY decent chance of winning.

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December 10, 2012, 03:56:09 PM
 #578

Congrats 1Hanna... for winning 41.58 BTC in December!

0.25 BTC/ticket
1. 19EygNbnF6w8Y3R6niLh5ptNdBLHCbVqFW
2. 1CEJJNBPEDwk4WFGx5x6K9Dkq7uJtffBpY (Pool)
3. 151vnYBGtowaHWAYADPo8qkAohGvCs6SGP (Pool)
Jackpot size: 41.58 BTC
Lucky Block: 211178 Mega Millions Numbers: 07 43 44 51 56 Mega Ball 04
Mixer Hash: a4dd03c995...
Winner's Hash: e916a7121e1407e2626a3cfe494f625b379de2b3bf4457ed771882c9387a2d09(3)
Winner: 1HannaheRa46n6g532kRo9GmnmD5aLUt5j

http://bitlotto.com/2012dec7.txt


Next draw Jan 4!!!

I've been betting for a friend's kid, Hannah, since last March (45 btc bet so far on her behalf) as well as donating any other spare coins that I can to a wallet that I made for her which hopefully will be worth a decent amount by the time she goes to college/university, it's now up to 80 btc thanks to this win (& 2,500 ltc). She lost her father in a tragic accident a couple of years ago so to all who entered this month's Bitlotto many thanks for that & this is just to let you know that you've banked some good karma with your entries.

I also bet 6 btc on behalf of my niece & 6 btc on my own account this month, so my total entries were 18 btc in all which I hope to repeat again for the early January 2013 BL .

Re: Pooling for a greater chance to win, the BL Pirate Pool effectively does this proportionally for unlimited entry amounts & entrants.

BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc     DASH, Digital Cash = www.dash.org     VIA, The future of crypto-currency = www.via.org 
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December 10, 2012, 11:21:40 PM
 #579

I've been betting for a friend's kid, Hannah,

Otoh's bets win again?

Can I just give my BitLotto wagers to you and have you place the bets for me?     Cheesy

which hopefully will be worth a decent amount by the time she goes to college/university

That's a wonderful approach to sharing and providing help.
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December 16, 2012, 12:21:09 PM
 #580

Many thanks SG!

As yet the 7th of Dec's BitLotto hasn't paid out, I believe it would work better if the funds were guaranteed to be sent within 1 week of the draw or at the very least within a week of the winner being announced, preferably much sooner, otherwise it becomes rather random & may deter entrants to the next & future Bitlottos:

https://blockchain.info/address/1HannaheRa46n6g532kRo9GmnmD5aLUt5j

BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc     DASH, Digital Cash = www.dash.org     VIA, The future of crypto-currency = www.via.org 
Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized and responsive. I've had dozens of nodes with them.
CHARITY | MY REP | PREDICTION | PREDICTION 2
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