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September 07, 2011, 12:34:09 AM |
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Hey bitcoiners!
btcLottery has been completely revamped, and we are pleased to announce that we are back open for business.
So what's new? Aside from a cleaner and prettier website, btcLottery is now a PICK-3 lottery, almost exactly the same as most US State Pick-3 numbers games. Here are some of the many changes to our site and methodology:
- Weekly draw, with numbers drawn in the first block that starts every monday morning after midnight. No more wondering when the draw might happen. Now weekly draws are exactly that, weekly draws.
- Bet as many times as you want, and bet any amount you want! (with a posted minimum/maximum). Thats right, payouts are paid out in a X:1 formula. For instance, a strait match pays out 500:1, so if you bet .01 btc and win, you get 5 btc back! Bet .02 btc and you win 10! And the maximum bet allowed grows with the prize pool.
- Your ticket number comes from the last three decimal digits of your bet's transaction number. No more needing to do heavy math to figure it out. If you know how to look up your bet's transaction number, then you can instantly find out what your ticket number is. Same goes for the draw number.
- 1 : 3.33 chance to win the minimum prize, and several ways to win, just like any other Pick-3 lottery!
- We have seeded the first game with 20 btc, so come and get em! Each week, whatever is left in the prize pool is seeded to the following week's game. We believe that the way it is set up, the prize pool, prizes, and maximum allowable bets will grow and grow.
So check it out! The next drawing will occur right after midnight EST, Monday morning 9/12/2011.
We hope you like what you see, and we are totally open to your suggestions as well. Feel free to discuss!
Thanks for your patience and Good Luck!!
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