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Author Topic: Win one bitcoin  (Read 1228 times)
Sergei505 (OP)
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February 26, 2019, 01:48:39 PM
Last edit: March 10, 2019, 03:04:51 PM by Sergei505
 #1



Hello. We present you a cryptocurrency game that allows you to win 1 BTC!

WEBSITE

TELEGRAM



What is the goal of the game and how much will the winner get?

There is a field with 1000 game blocks on the Home page. Each square has its own unique number (from 000 to 999). When the last square is purchased, one Bitcoin will be received by the player whose square number matches the last three digits of the last hash of the Bitcoin block. All hashes are available in the right panel on the Home page of the site, as well as on numerous resources (for example, BTC.com)
The prize will be 3823 USD at the current exchange rate.

What is the probability of winning?

The probability of winning is one in 1000, i.e. a chance to win is hundreds of thousands times more than in any state lottery. For example, the probability of winning the USA lottery is 1 in 650,000! Can you feel the difference?

How much shall I pay for the participation in the game?
The cost of one square is 0.005 Bitcoins. You can buy any number of squares and increase your chances of winning.

Stock
The first week the cost of the square is 0.002 BTC. The second week is 0.003 BTC. The third week is 0.004 BTC.


How is the winner selected?
This is the situation when the blockchain technology is used. It helps to select the winner among the game participants while providing 100% transparency and accuracy. The point is that right now millions of computers around the world are solving math problems to support the work of the Bitcoin network. This process is called mining and its goal is the hash selection. When there are no free game squares left, we simply take the last three digits of the hash line and select the winner. If your square number matches it, then you get 1 Bitcoin.

How will I get my award?
You do not have to wait for the payment of your awards. All operations with the accrual of both partner Bitcoins and prize Bitcoin take place as soon as possible to the online Bitcoin wallet. At the same time, the information about the accrual is publicly available, because the details of each individual Bitcoin transaction are visible to the entire network, so each person can find out to which wallet the prize Bitcoin is awarded. We shall remind that the history of all Bitcoin transactions (blockchain) is stored on all network nodes.

Partner Program
Get 10% from each square purchased through your referral link.
The award will be accrued to your Bitcoin wallet, and you will find information on payments by clicking on the link that you will receive on your email.

Two unique differences of our Partner Program:
First, the buyers are interested to use your link. The fact is that they also get a 10% discount on their first purchase.
Second, you also get a 10% discount if you use your own link.

By publishing a referral link, you not only gain profit but also bring the game closer to the final and the selection of the winner.



wiik
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February 26, 2019, 02:10:54 PM
 #2

Quote
The cost of one square is 0.005 Bitcoins.

In the website it says "0.002" which is the real one. Quite a cool concept tho , Its like one of my childhood memory where you pay for a ticket similar to this. Except you get a chick as a prize. Anyway, how does the draw works ? Should all the 0-999 slots be filled first before you draw your winner ?

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February 26, 2019, 02:23:23 PM
 #3

I like the concept however since you do not have any reputation in the forum, I will suggest to escrow the prize money to a trusted forum member and then market the website. The escrow will ensure that the winner will get paid 100%

Good luck.

Should all the 0-999 slots be filled first before you draw your winner ?
I think the slots needed to be filled before the draw.

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February 26, 2019, 02:24:32 PM
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 #4

Very interesting I have seen this game years ago but it was an advertising space, people will be addicted on this one, it should be promoted and it's better to set up an affiliate features where referrer will share the winner's rewards.

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February 26, 2019, 02:31:59 PM
 #5

Yep, since the site is new, for a while, until you get a good name, I also suggest you to use an escrow.

I like the fact that the block hash is used for selecting the winner. And also I find interesting the idea with the commercials, although I don't know what can be shown on such a small size. (Edit: I've seen now 2 bought squares, cool!)
What I don't like is that from every 2BTC you collect, you give out 1BTC as prize. I would have understood 20%, maybe 25% too... but half of the money is a bit much imho. And this is at 0.002BTC from the site, not the 0.005BTC from the ANN...

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February 26, 2019, 02:36:06 PM
 #6

Yep, since the site is new, for a while, until you get a good name, I also suggest you to use an escrow.

I like the fact that the block hash is used for selecting the winner. And also I find interesting the idea with the commercials, although I don't know what can be shown on such a small size. (Edit: I've seen now 2 bought squares, cool!)
What I don't like is that from every 2BTC you collect, you give out 1BTC as prize. I would have understood 20%, maybe 25% too... but half of the money is a bit much imho. And this is at 0.002BTC from the site, not the 0.005BTC from the ANN...
The amount on the site and this ANN must be a typo. I hope they fix it. By the way, I see the money is already there: https://www.blockchain.com/btc/address/1WinitJzbmwjYo3SKxsbaKXPxP4UQWsBM

Instead of they holding it, they can simply find a trusted escrow here and ask the escrow to hold the fund.

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aioc
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February 26, 2019, 02:40:56 PM
 #7

Very interesting I have seen this game years ago but it was an advertising space, people will be addicted on this one, it should be promoted and it's better to set up an affiliate features where referrer will share the winner's rewards.

Yes, that's a good advice referral based and a good escrow to gain trust from bettors is a good way to go, if you want to make it big in the gambling niche, looking forward to seeing these two features.

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February 26, 2019, 02:47:41 PM
 #8

If noone gets any referrals or other commissions then they are collecting 5btc to payout 1btc lol. Pretty sure 19$ for a 1:1000 chance is a bit overkill as well.

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February 26, 2019, 02:59:03 PM
 #9

Interesting idea to start such platform. In my opinion it's not that good nor bad when we talk about the winning chance which is one is to one thousand. I found similar a similar game but the winning chance is very low. I find the referral feature so interesting which can also be use to your bets.
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February 26, 2019, 03:13:33 PM
 #10



How much shall I pay for the participation in the game?
The cost of one square is 0.005 Bitcoins. You can buy any number of squares and increase your chances of winning.


So let me understand this. You want to sell 1000 tickets for 0.005btc each , meaning you will get 5 bitcoin from each round but you will give  only 1 bitcoin back to people. Even if one ticket would cost only 0.002btc as it is on the website you still only offer back 50% of what you get,wich for a lottery is a huge house edge.
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February 26, 2019, 03:16:53 PM
 #11

Quote
The cost of one square is 0.005 Bitcoins.

In the website it says "0.002" which is the real one. Quite a cool concept tho , Its like one of my childhood memory where you pay for a ticket similar to this. Except you get a chick as a prize. Anyway, how does the draw works ? Should all the 0-999 slots be filled first before you draw your winner ?

All right On the site the correct description Wink

The first week the cost of the square is 0.002 BTC. The second week is 0.003 BTC. The third week is 0.004 BTC.
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February 26, 2019, 03:18:04 PM
 #12

I like the concept however since you do not have any reputation in the forum, I will suggest to escrow the prize money to a trusted forum member and then market the website. The escrow will ensure that the winner will get paid 100%

Good luck.

Should all the 0-999 slots be filled first before you draw your winner ?
I think the slots needed to be filled before the draw.


Yes, it is interesting. I'm thinking about it Wink
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February 26, 2019, 03:20:34 PM
 #13

Quote
The cost of one square is 0.005 Bitcoins.

In the website it says "0.002" which is the real one. Quite a cool concept tho , Its like one of my childhood memory where you pay for a ticket similar to this. Except you get a chick as a prize. Anyway, how does the draw works ? Should all the 0-999 slots be filled first before you draw your winner ?

All right On the site the correct description Wink

The first week the cost of the square is 0.002 BTC. The second week is 0.003 BTC. The third week is 0.004 BTC.
I suggest you focus on providing an escrow as soon as possible as others suggested since almost no one in their right mind would risk losing their Bitcoin in this case especially since the house edge is pretty high.

I would be more interested in investing if the cost of each square was 0.001 BTC and a recognized escrow service was provided.

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Sergei505 (OP)
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February 26, 2019, 03:23:13 PM
 #14

Quote
The cost of one square is 0.005 Bitcoins.

In the website it says "0.002" which is the real one. Quite a cool concept tho , Its like one of my childhood memory where you pay for a ticket similar to this. Except you get a chick as a prize. Anyway, how does the draw works ? Should all the 0-999 slots be filled first before you draw your winner ?

All right On the site the correct description Wink

The first week the cost of the square is 0.002 BTC. The second week is 0.003 BTC. The third week is 0.004 BTC.
I suggest you focus on providing an escrow as soon as possible as others suggested since almost no one in their right mind would risk losing their Bitcoin in this case especially since the house edge is pretty high.

I would be more interested in investing if the cost of each square was 0.001 BTC and a recognized escrow service was provided.


Thanks for the suggestion. The information is interesting, maybe we will change our opinion.
Thanks for the offer
kurian
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February 26, 2019, 03:24:25 PM
 #15

This is an interesting game if there are many people to participate. I think it'll take long time to fill all the squares. The waiting period makes it boring at the moment. I understand that the website is all new and requires time to pick up. But, if you reduce the price per square, you could get more participants. Start small and as the game gets popular prize can be increased.

s0lidus
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February 26, 2019, 03:29:13 PM
 #16

That's a lot of profit for the house.. if minimum price of one square is 0.002 BTC, house makes at least 1 BTC profit per round, right?


-edit-

I see that MakeMoneyBtc has already made a similar post above.

Sergei505 (OP)
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February 26, 2019, 03:53:54 PM
 #17

That's a lot of profit for the house.. if minimum price of one square is 0.002 BTC, house makes at least 1 BTC profit per round, right?


-edit-

I see that MakeMoneyBtc has already made a similar post above.

It is not that simple. I think you need to carefully read all the rules and conditions of the game.
traderethereum
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February 26, 2019, 04:18:32 PM
 #18

The cost is too high for me so I skip the chance to win one bitcoin, I hope that you guys can be the winner.
I think it's not easy to predict which square which will comes out as the chosen one but it's a new system to play gambling and I like the design and the idea.
If you can keep your work and make it more better, I think you can get more visitor to come to your site.
But still, it's too high  Cry

angel55
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February 26, 2019, 04:19:34 PM
 #19

If noone gets any referrals or other commissions then they are collecting 5btc to payout 1btc lol. Pretty sure 19$ for a 1:1000 chance is a bit overkill as well.

Ridiculous, even state run lotteries "only" take half the money collected and use the other half as the reward.  I doubt OP will get many players on this game.
Bitinity
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February 26, 2019, 04:48:47 PM
 #20

This is an interesting game if there are many people to participate. I think it'll take long time to fill all the squares. The waiting period makes it boring at the moment. I understand that the website is all new and requires time to pick up. But, if you reduce the price per square, you could get more participants. Start small and as the game gets popular prize can be increased.

Not only long time to wait, but it may not sold out ever. I think there was similar game like this year ago in this bitcoin gambling industry but I forget the name. Any games that requires players to wait till all tickets are sold has so low possibility to success. I wonder how if after a year but the tickets are not sold out and most people may forget about it already? As a start, the site should try with lower number of tickets with lower price in order to get the game done faster, just a suggestion.
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