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Author Topic: Raffle฿it - Testing has ended and the pots are bigger!  (Read 795 times)
hashmaker
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August 10, 2011, 05:05:06 PM
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That's right folks, testing is complete and now the pot size has grown. The current round has a pot of over 15 btc!

Play the odds and be the winner to the first round!

www.rafflebit.com

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


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August 10, 2011, 11:54:10 PM
 #2

On the website:
Quote
When a round starts, the 3 winners of that round are chosen. The source of the winning ticket numbers is random.org, which uses ambient atmospheric signals to generate random numbers. The winning tickets are converted to an tiger192,4 hash, and the winning ticket string for the last round released after it ends. This enables you, the user, to verify that we, the operators, aren't monkeying around!

Your site claims that the hash can be used to verify you "aren't monkeying around". I've tried asking about the details about picking the winner but I haven't got a reply yet. My main concern is that the hash info is kind of deceptive. It doesn't really prove anything at all but gives the illusion that it's somehow making it so you can't cheat. I'm not accusing you of cheating but the claim on the website is in my opinion false.

Since I haven't got a reply, I'll guess what's happening:
-you get random data to say who wins, hash it, release hash, then people play, then you pay, then you release random data

The main problem is that in this case, releasing the hash does nothing. It doesn't prevent you from playing your own game to win. In fact, it just proves you know what ticket will win before hand and you just have to buy it at the right time to win and no one will know.

Really, the only way to prove you "aren't monkeying around" is to have a method by which the winner is determined by a method that's beyond your control and that others can check for themselves. Otherwise they just have to trust that you doing what you claim and have faith in your honesty and that you aren't cheating. 



*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.
nibor
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September 24, 2011, 09:15:11 PM
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I won 4.0158!!!!

Really confused me as I must have entered using my development wallet and then trashed the wallet so had to restore from a backup, and so although I still had the private key had lost the labels. I just upgraded to v0.4.0, loaded the wallet and there was the 4BTC! Normally I keep less than 1BTC in that wallet as test stuff so can easily lose it and was really confused where the 4 BTC came from!

Had to trace through BlockExplorer/google to find where it came from.

Went to this address:
1AJV5E8BYAFqm5opaeg1UbK7pWZZeSzP2F

So it is not a scam!

Good Luck!
Andrew Bitcoiner
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Send correspondance to GPG key A372E7C6


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September 27, 2011, 03:22:47 AM
 #4

The site is down now.

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Tronlet
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October 05, 2011, 03:52:36 PM
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Looks like he just misspelled his own website's name...

http://www.rafflebit.com/home.php

hashmaker
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October 08, 2011, 04:10:53 PM
 #6

/facepalm

It has been fixed Smiley

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