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Author Topic: btcLottery.com is back!  (Read 795 times)
btcLottery (OP)
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September 06, 2011, 04:38:03 AM
Last edit: October 19, 2011, 11:50:18 PM by btcLottery
 #1

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!!


http://www.btclottery.com/images/ads/banner.btclottery.200x50.jpg

Flexcoin ID: btcLottery
Get a 10% lifetime discount on the MtGox competitor "TradeHill" (now with EUR market!) via: http://www.tradehill.com/?r=TH-R118438
bitlotto
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September 08, 2011, 04:43:25 AM
 #2

Very interesting. I like what you have done. Good luck on the new system!!

*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.
btcLottery (OP)
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September 09, 2011, 03:55:50 PM
 #3

Hey thanks brother! Smiley

http://www.btclottery.com/images/ads/banner.btclottery.200x50.jpg

Flexcoin ID: btcLottery
Get a 10% lifetime discount on the MtGox competitor "TradeHill" (now with EUR market!) via: http://www.tradehill.com/?r=TH-R118438
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September 12, 2011, 02:03:33 AM
 #4

Only about 1 hour left until betting closes for our first Pick-3 Drawing.
20+ btc up for grabs, 33 tickets sold already.

Get your bets in before 11pm EST!

Good Luck!

http://www.btclottery.com/images/ads/banner.btclottery.200x50.jpg

Flexcoin ID: btcLottery
Get a 10% lifetime discount on the MtGox competitor "TradeHill" (now with EUR market!) via: http://www.tradehill.com/?r=TH-R118438
btcLottery (OP)
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October 19, 2011, 07:53:38 AM
 #5

After our short technical glitch (i.e. forgot to pack our wallet on our trip), we are back in business with a new Pick-3 game! This week's betting address is 1DMAEfAiyANjxtnnKcGQapDRZtuTUbEdti, and betting can begin immediately. Our prize pool is 22 BTC as of this update.

Big thanks to the two of you beautiful anonymous people who sent in donations to our donation address. It drives us to know there are those of you out there kind enough to send BTC...

We are starting this week's game slightly late, but want to keep our schedule going forward on track, so like the other games, this game's betting will end at 11:00 PM EST this coming Sunday, and the drawing will take place upon the solving of the first full block on Monday morning, 10/24.

Good Luck and thanks for coming back to BTCLottery.com!

http://www.btclottery.com/images/ads/banner.btclottery.200x50.jpg

Flexcoin ID: btcLottery
Get a 10% lifetime discount on the MtGox competitor "TradeHill" (now with EUR market!) via: http://www.tradehill.com/?r=TH-R118438
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