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Question: Would you enter a lotto dependent on how many people entered. One that is not 1 in a million chance, more like 1 in 100.  (Voting closed: January 30, 2014, 03:48:44 PM)
Maybe depending on odds - 1 (12.5%)
Yes - 5 (62.5%)
No - 0 (0%)
Hell No - 2 (25%)
Total Voters: 8

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Author Topic: FAIR Lottery  (Read 693 times)
Newbtube (OP)
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January 20, 2014, 03:48:44 PM
Last edit: January 20, 2014, 04:22:32 PM by Newbtube
 #1

I want to start a lottery for BTC but not a profitable one, for me anyway.
If there was a fair lottery say with a pool of 100 with 1 grand prize winner and 2 additional winners.
You miners will welcome the network traffic for sure.

Just a thought.. Undecided

With maybe like 5% going to a charity if any accept BTC ?

Ok checked out some btc lottry sites, I want to change it from lottery to raffle

I just think spending btc on these sites with reels and cardgames are to rigged.

I see the views, i would like to hear some opinions from you guys.
NewLiberty
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January 22, 2014, 06:02:31 AM
 #2

For charities:
http://bitcoin100.org/charities/
and of course Sean's Outpost and Satoshi forest:
http://bitcoinmagazine.com/6939/seans-outpost-announces-satoshi-forest/


FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
Newbtube (OP)
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January 23, 2014, 09:01:00 PM
 #3

Yes thank you, I came upon that page the other day.
uber
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January 23, 2014, 10:47:42 PM
 #4

The problem might be to make sure that the ones entering it can really trust that it is fair and that the ones winning aren't just the friends of the organizer. You don't need to take a small piece of the prize pool if you can grab the whole prize pool and make it look legit.
NewLiberty
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January 23, 2014, 10:50:35 PM
 #5

Many are based on blockchain dependent variables (so the results depend on the mining of a future block).  This makes it difficult to cheat, unless you are the ones mining the block, or your block gets orphaned.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
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