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Author Topic: Lottery!  (Read 361 times)
leex1528
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April 01, 2014, 03:43:26 PM
 #1

First I will say I would like an escrow for this.

Entry Fee:  .01

Rules:  Once we have a set amount of people, I will perform 1 Roll at Primedice.com with a bet of 0.00000000, each entry will receive a number depending on the number of entries we have.  The person that has the number that I roll wins the pool, this means if we get 100 entries, the pool will be 1BTC.

Rules Expanded:  If a roll of 100 comes up, it will be re rolled to make it so we have 100 numbers even.  All that matters is the first 2 rolls, that means if I roll a 90.99, it is number 90 that wins, there is no rounding up at all.  entries will be 0-99 for 100 numbers. 

What is in it for me?  I will take .5% of the monies, so if we get 100 people, I would take .005.

The winner will take the rest.

Is there any interest in this at all?

Post if you are interested, if we gather enough interest, we can make this happen, if you have suggestions, we can also lower/raise the entry fee depending on what people think.
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April 01, 2014, 05:59:33 PM
 #2

Interesting Smiley but chance to be the winner are not too good Sad but! This is a lottery Smiley

Good idea!

 
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leex1528
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April 01, 2014, 06:26:32 PM
 #3

Would be be better with lower entry, lower payout?  I suppose if we went to .002 or something, with 50 people payout would still be .1


Keep thoughts coming!!
magnet007
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April 03, 2014, 06:05:11 AM
 #4

yes,somewhat lower entry would be fine.....

leex1528
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April 03, 2014, 07:22:48 PM
 #5

yes,somewhat lower entry would be fine.....

Would you like a lower entry + more payouts, or keep payouts big for 1 lucky winner?
bitcoin4eva
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April 03, 2014, 07:25:46 PM
 #6

Lower entry and I might send!
leex1528
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April 03, 2014, 07:35:02 PM
 #7

Okay, lower entry seems to be key here:

Entry fee lowered to .002, meaning I would keep entry fee I would take .0001 per entry

Feel free to sign up!  I think keeping the payout high would be fun for all those involved...


.002 * 50 = .1 Prize payout  (or in reality would be .0019*50 = .095 payout minus transaction fees

Thoughts? 

More/less entry?
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