[ANN] CrackTheWallet - BTC/LTC/DOGE Progressive Raffles

[FFrost]

I'm deciding whether to play the raffle or the lottery. The raffle seems a bit long why changed to 100 blocks?

[pavlin99th]

I'm deciding whether to play the raffle or the lottery. The raffle seems a bit long why changed to 100 blocks?

You mean 1000 blocks. Because daily rounds were not getting many players. Current round will end in approx. 4.5 days, on block #300500.
The 5th DOGE round is going to end soon, tickets start at 10 DOGE - you may try this (https://crackthewallet.org/doge/raffle/)
DOGE blocks have period of 1 minute.

[FFrost]

Now that is a Longtime I thought 24 hrs was. Only got bitcoin but wanna play the raffle 

[pavlin99th]

Now that is a Longtime I thought 24 hrs was. Only got bitcoin but wanna play the raffle 

Then consider BTC lotteries. I decided not to call them "instant" (like LTC versions), because BTC confirmation times can be "very not instant".
These lotteries results become available as soon as your transaction gets the 1st confirmation.
And of course they are provably fair - they use block's Merkle root hash, which is unknown until the block is generated.
https://crackthewallet.org/btc/

Tickets are 0.01-0.64 BTC and 0.001-0.064 BTC in mini version. 1st ticket is demo play: try, see results, withdraw back.

[pavlin99th]

Round updates:

• approx. 150 blocks till drawing, which will occur on BTC block #300500 (~1 day left);
• 5 tickets sold;
• 0.0717372 BTC prize pool.

https://crackthewallet.org/btc/raffle/
Tickets start at 0.001 BTC

Simple math shows that this is actually a +EV game.
Say there are 6 tickets, single ticket has 1/6 chance to win 1st place (50% of prize pot), 1/6 for 2nd place (20%), 1/6 for 3rd place (10%) and 3/6 for loss.
Even at 100 tickets it is +EV. Because prize pot is progressively increased with each sold ticket.
You can also increase you win chances by buying more nonces.

Don't miss the chance, join the raffle!

[leancuisine]

Round updates:

• approx. 150 blocks till drawing, which will occur on BTC block #300500 (~1 day left);
• 5 tickets sold;
• 0.0717372 BTC prize pool.

https://crackthewallet.org/btc/raffle/
Tickets start at 0.001 BTC

Simple math shows that this is actually a +EV game.
Say there are 6 tickets, single ticket has 1/6 chance to win 1st place (50% of prize pot), 1/6 for 2nd place (20%), 1/6 for 3rd place (10%) and 3/6 for loss.
Even at 100 tickets it is +EV. Because prize pot is progressively increased with each sold ticket.
You can also increase you win chances by buying more nonces.

Don't miss the chance, join the raffle!

It is a +EV game, so how are you, the site owner, make money from these raffles? Seems more like you are giving money away from the large prize pool compared to the ticket entries... 

[pavlin99th]

Round updates:

• approx. 150 blocks till drawing, which will occur on BTC block #300500 (~1 day left);
• 5 tickets sold;
• 0.0717372 BTC prize pool.

https://crackthewallet.org/btc/raffle/
Tickets start at 0.001 BTC

Simple math shows that this is actually a +EV game.
Say there are 6 tickets, single ticket has 1/6 chance to win 1st place (50% of prize pot), 1/6 for 2nd place (20%), 1/6 for 3rd place (10%) and 3/6 for loss.
Even at 100 tickets it is +EV. Because prize pot is progressively increased with each sold ticket.
You can also increase you win chances by buying more nonces.

Don't miss the chance, join the raffle!

It is a +EV game, so how are you, the site owner, make money from these raffles? Seems more like you are giving money away from the large prize pool compared to the ticket entries... 

You are correct, I do not have profit. Just wanted to create this kind of game, as an experiment, for fun. I can afford to spend some BTC on this.
Also thought that +EV would attract rational gamblers. Mistake. Just look at all these ponzis…

[FFrost]

I deposited 0.01 in the lottery. 

1MEgVzfY2cBHgZsgSfdouvdD327gmhPqGL

[pavlin99th]

I deposited 0.01 in the lottery. 

1MEgVzfY2cBHgZsgSfdouvdD327gmhPqGL

And that's your demo play result:
6|9cded9ec42447e5532d5ca616bf285b42b81435f68cc2e2d7bb3f71c5633f99 - txid
2|80cfdc8d796ac410b707b50c40c35a3c904586752e7c64fc26f6790cb939553 - Merkle root

No matches for 0.01 BTC ticket.
Optimal bet would have been 0.06 BTC -> single match, 0.15 BTC payout, 0.09 BTC profit.
Your 0.01 BTC is now in your balance.

BTW, deposit address changes after every game, but it is possible to reuse previous ones.

Here's your 0.01 BTC free ticket: txid=0b6b6d1d63eeeda178ebae1a10e2a43f3b429c1bb95b3c99a790e1614b31951b
Good luck! 

[FFrost]

If I had 0.06 lol just scrapping the barrel I hope I win something 

[leancuisine]

Sent 0.06BTC and got a match, too bad it was just a demo play as it was my first deposit and so I did not get the 0.15BTC

[pavlin99th]

Sent 0.06BTC and got a match, too bad it was just a demo play as it was my first deposit and so I did not get the 0.15BTC

Well, there is nothing magical in 0.06 BTC ticket amount.
In your demo play case:
f556c00e8f217ce95e19c0d6637b23ad998e376b63bd1ee26c576a96209a7d0a - txid
0954833d9c07710d66cd3af54d1d3c867c67bd773c200ee1b5e3daab8db61b64 - Merkle root
Optimal (max profit) amount was 0.54 BTC -> 5 matches, 0.75 BTC payout, 0.21 BTC profit.

For the next ticket maximum ROI was for 0.11 BTC amount -> 3 matches, 0.45 BTC payout, 0.34 BTC profit.

PS: free 0.01 BTC ticket: txid=974b0d8eb737d80397299bc84225d756550e7b10d1425fad8137703113fab6db

[FFrost]

Managed to find 0.06 

1Cd6STDB47zCjW6ALmkbCjuGXZhtV3MzeV

[FFrost]

Well spent all day gambling to get that 0.06. Now I'm broke oh well gambling for you I guess   

[crystalsum]

Well spent all day gambling to get that 0.06. Now I'm broke oh well gambling for you I guess   

Looks like u got scammed !

[pavlin99th]

Well spent all day gambling to get that 0.06. Now I'm broke oh well gambling for you I guess   

Well, that's gambling…
b36ea9|9ac52acb085a52047da4de39fc2849fbffdb119fbb48189376c0579a31 txid
1bfd4e|ff504ced936ae468ef0f8e499754aef8e9e0ebaedfe27b8d822d68b7df mr
0.37BTC bet on this ticket would have got 4 matches -> 0.6BTC payout, 0.23BTC profit.

This is why there is mini version of the lotto, single pair costs 0.001BTC - ten times less than in regular version.

Looks like u got scammed !

Why? Would like to hear comment from the player.

[FFrost]

Well I suppose i feel disappointed with losing all my btc and sort of like, scammed to strong a word maybe I didn't think I would lose maybe win something I guess

[FFrost]

Wait I got 4 matches right?

[pavlin99th]

Wait I got 4 matches right?

Wrong. Notice the vertical bar. 0.06 ticket buys first 6 pairs. They have no matches. You've got zero.

[crystalsum]

Hahaha bars ! Good excuse ffrost got scammed stay away from this site folks !