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Question: Which form of prize pool would you prefer?
Lottery- 1 Eth (High Chance)
Lottery- 10,000 Eth (Ext. Low Chance
SweepStake- 1 Eth (High Chance)
SweepStake 10,000 Eth (Low Chance)

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SwayStar123 (OP)
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June 29, 2018, 04:30:49 PM
Last edit: October 07, 2023, 12:25:51 PM by SwayStar123
 #1

x

BTCevo
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July 01, 2018, 05:54:24 AM
 #2

Would you all prefer a sweepstake with or a lottery? and with a low prize pool and higher chances or high prize pool but low chances?

What are you really trying to say? If you are going to give us some good information about your site then it is better to give us something like your link about your site with better explanation of course. This kind of questions really does not have anything to do with the gambling you are talking about, especially about the lottery system and of course people like big jackpot hit although the chance is small
passwordnow
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July 06, 2018, 01:55:52 PM
 #3

i dont have a website, im just collecting some data
What's this data for?

Would you all prefer a sweepstake with or a lottery? and with a low prize pool and higher chances or high prize pool but low chances?
This looks like a good idea, I like sweepstake and lottery. The lower prize pool the more chance of winning? I'll ride on that instead of hoping with the bigger prize but has lower chance.

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July 06, 2018, 08:02:50 PM
 #4

i dont have a website, im just collecting some data
What's this data for?

Would you all prefer a sweepstake with or a lottery? and with a low prize pool and higher chances or high prize pool but low chances?
This looks like a good idea, I like sweepstake and lottery. The lower prize pool the more chance of winning? I'll ride on that instead of hoping with the bigger prize but has lower chance.

I think lottery is more profitable if we win the jackpot prize, but the possibility was to low. Same with sweepstakes way of winning they're both having lower potential of winning due to more combinations to randomly be established in the draw. However if its your luck then so be it and take your chance of lucky profit as well.
carlfebz2
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July 10, 2018, 05:46:58 PM
 #5

Would you all prefer a sweepstake with or a lottery? and with a low prize pool and higher chances or high prize pool but low chances?
Users preference would vary at first when i do thought lottery and sweepstakes is all the same but they do really have differences when it comes to winning chance.
For most people i do believe they are aiming for lottery. Why? because of the potential on hitting up the big pot which can possibly turn an average person into a wealthy one.  Wink

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July 10, 2018, 06:53:51 PM
 #6

Honestly, I'd actually prefer a lottery that gives out both cash and other prizes, such as vacations, cars and luxury goods. I think very few websites actually engage their players by giving them something real to strive towards, and I think it would be a good change in the scene.

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Devawnm367
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July 10, 2018, 07:06:44 PM
 #7

I would advise make several lower prizes like a top 5 or something, maybe first place  10 eth, 2nd place 8 ethereum, 3rd 6 eth, 4th 4 Eth, and 5th 2 ethereum, I believe you would have more people coming and going with multiple prizes.  Several smaller prizes is bigger than 1 big prize!!!

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BillCoin
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July 10, 2018, 08:33:27 PM
 #8

I would prefer a lottery because it means that I have potentialy more funds to earn.

Making one single ETH won't make me richer, but hitting the lottery will change my life status for ever, I would rather take the risk to change my life status then taking a short risk that will probably won't affect my life status at all.
Anyway, sweepstake happens much frequency which means that you have a larger chance of getting addicted to that and losing more money- as lottery rarely happens you won't lose a lot of money even if you become addicted to it.


Overall you should make sure that you know betting is just for fun and bet on what makes you more happy.
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July 13, 2018, 02:44:41 PM
 #9

I would prefer lottery honestly but sweepstake is great too since it has no waiting time so both can work out. However I would prefer winning something here and there instead of just hoping for a huge win. Huge win may and most probably never come but low chance low reward is a lot better since I can actually win something. Maybe not a lot, maybe I will lose more than I put in but that is generally the case in gambling anyway.

I also like the idea of "scratch card" which could enter and win out between these two. That way you can both have a rare chance to win big but also chance to get even.
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July 13, 2018, 03:05:09 PM
 #10

I choose lottery and I pick Lottery- 1 Eth (High Chance) Grin as I don't want to spend more coins and I don't like to see the losses. since I don't know much about sweepstake, I think selecting lottery is good for me although I know that I don't have a big luck in this game but I am fine with that. who knows I can get a jackpot in this time.

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July 13, 2018, 03:37:25 PM
 #11

Would go for sweepstake, winning something even its low is better than not winning anything in the whole time of your gambling period you may not even win in your entire life if your betting on lottery. lottery is go for if you want to be rich.
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August 22, 2018, 10:28:44 PM
 #12

I always go for the lower prize pool. I have had experience, and I have studied this for quite some time, there are better chances of winning a smaller prize pool than a bigger one. But then again, it never hurts to try the bigger one since it all just runs out to be lucky, right? Lady luck should be at your side  Cool

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August 22, 2018, 10:42:50 PM
 #13

Is this example of Sweepstake? When you go in pharmacy and buy some medicine, for example worth of 20$ and get one ticket which has a chance to win money, car or something? At least it's how I understand from some definitions. If I am true, then I prefer this one since you pay nothing additional, you buy everything for you where if you win or lose, won't affect your happyness. On lottery, you may fail a lot and is waste of money, I care less about lotteries.

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August 22, 2018, 11:06:43 PM
 #14

Would you all prefer a sweepstake with or a lottery? and with a low prize pool and higher chances or high prize pool but low chances?
I would prefer high prize with low chance of winning because it is after all dependent on your luck whether the chance is low or high. Per experience, i have not won a raffle or lottery even if the chance of winning is very high. That is why i want to win big if luck will be on me someday.
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August 23, 2018, 12:37:49 AM
 #15

While growing up, I saw the elders of my family to bet on Lotteries all their lives without winning any significant penny from it. Back then, I don't know what they're thinking in betting in it even if they are not winning any money from it. Well, now, I think I understand what they're feeling back then and with that in mind, I'll be taking my luck and will go with lottery. I'm sure I can experience the same just like the elders of my family, but the thrill of waiting whether I won or not is so great that I can't ignore it.  Wink
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August 23, 2018, 07:20:48 AM
 #16

Would you all prefer a sweepstake with or a lottery? and with a low prize pool and higher chances or high prize pool but low chances?

Lottery or sweepstake I think are only a factor of luck, but to choose I will choose a low prize with a high chance that even then seen from how big the opportunity is, if for example the odds above 70% I will participate even though the prize is lower than the low chance with high prizes, in my opinion just dreaming even though the luck factor also plays a role.
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August 24, 2018, 09:43:53 AM
 #17

I'd prefer the low chance/high payout lottery, just because there aren't that many around.
For me it's just more fun to play when I know that there's a chance to win a significant amount with a low 'investment'.

I mean, wouldn't it be cool if there was like one really big crypto lottery that gave away millions USD worth of crypto?

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