bitterguy28
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January 12, 2021, 09:35:07 AM |
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If he's really serious about that there comes OgNasty which is one of the reputable escrow here in the forum. I really think many people will participate if you let the escrow hold the fund.
Agreed on this, If OP really means Business then better start with trusted escrow here in Forum . sure that he will earn more followers and Joiners in this event he wanted to start. This forum are tired of too much gambling related scams and we are looking for formal and legit transactions of our funds sending to win prizes.
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delfastTions
Legendary
Offline
Activity: 2870
Merit: 1554
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January 12, 2021, 10:38:35 AM |
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Better to escrow the funds OP.
I second this. Transferring $40 in BTC to a recently created newbie account just like that is probably something very few people will do. 100 participants are not easy to find, even with free raffles here on the Collectibles Board it sometimes takes days until all slots are filled. All the same, it is quite a bold proposal to hold such a lottery simply without guarantees of receiving a prize. I don't think anyone can find anyone who will participate in such a lottery. In general, such projects cannot be offered without an escrow. BTT community will never believe such a person as OP, even if he writes his name here (country, address, mobile phone number, and even presents something like a photo and maybe like a KYC ). Of course we will wait for January 17, but I have a bad feeling ...
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LUCKMCFLY
Legendary
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Activity: 2562
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
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January 12, 2021, 03:30:09 PM |
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Does OP plan to do a lottery with the number of participants that he signs up? do you have any way to prove you have 0.01BTC? It would be good if you choose a member of the community who offers the service to give more security to the participants.
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Haunebu
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January 12, 2021, 06:37:59 PM |
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Does OP plan to do a lottery with the number of participants that he signs up? do you have any way to prove you have 0.01BTC? It would be good if you choose a member of the community who offers the service to give more security to the participants.
Yup. He will host a lottery and award the winner a certain amount depending on the bet size. He is charging a certain amount which is basically the house edge on every bet. The biggest problems here are the minimum bet and the absence of an escrow service. Many posters have already mentioned the above issues and op hasn't provided a proper explanation due to which this project probably might not take off in my opinion.
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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January 12, 2021, 10:26:47 PM |
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Actually, the site is good but since it's new, it's really hard to build trust from scratch.
OP also needs to show us how's the marketing side to see if serious about building their reputation.
It's hard to integrate third-party escrow here due to the fact that the system is automated. But since there's a reputable escrow that shows interest, OP should need to interact with him and sees how can they work on proving that the funds are safe and will be distributed at the right time. The distribution will now be manually processed by the escrow which gives more confidence to OP's future bettors.
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Oilacris
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January 12, 2021, 11:52:45 PM |
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Actually, the site is good but since it's new, it's really hard to build trust from scratch.
OP also needs to show us how's the marketing side to see if serious about building their reputation.
It's hard to integrate third-party escrow here due to the fact that the system is automated. But since there's a reputable escrow that shows interest, OP should need to interact with him and sees how can they work on proving that the funds are safe and will be distributed at the right time. The distribution will now be manually processed by the escrow which gives more confidence to OP's future bettors.
Will vary on how they would really able to interact with the community.Building up trust isnt something that you can do in a day which means you do need to out prove something when you are just starting. Lots had already doubts when it comes to legitimacy or on where those coins would be stored from and the prize is actually existing or not. Lots of things to be arranged of to get the interest of the masses.
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rodskee
Full Member
Offline
Activity: 2520
Merit: 204
OrangeFren.com
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January 13, 2021, 03:56:24 AM |
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4 days to go for the raffle , Is there any News about what will be the real Score ? Does OP will use escrow or will Let this first round Free from payments ? If he's really serious about that there comes OgNasty which is one of the reputable escrow here in the forum. I really think many people will participate if you let the escrow hold the fund.
Looks Like OP is not that So serious because the event is happening near but he has Lack of updates in this thread , How sad that this is Gathering attention and maybe prospected participants but OP is having difficulties in updates .
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Chikito
Legendary
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Activity: 2520
Merit: 2076
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January 13, 2021, 06:49:59 AM |
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do you have any way to prove you have 0.01BTC? It would be good if you choose a member of the community who offers the service to give more security to the participants.
He just proof Address with sign message, but still this not enough, right?.
About 3 days, no one to join your game. Seems you must build your reputation first.
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traderethereum
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January 13, 2021, 08:00:13 AM |
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With the current bitcoin price, 0,0001 btc is equal to $3, so I think that is still too high for people. Maybe some people want to test their luck, but I hope they can be careful, and make sure they do not use big money. As I see that he does not come back to his thread, I think he will not continue his offer because maybe he is too busy to do something.
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magneto
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January 13, 2021, 09:54:38 AM |
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Very similar idea to Chainbet - which also has a 0 house edge.
I don't think that you're going to find a lot of players for this game. I remember Chainbet actually advertised a great deal on the forum, but to essentially no avail.
People simply prefer to play traditional casino games, whether it be dice, BJ, craps etc. Whilst this is definitely one of the better ways of ensuring a provably fair result, it's not entertaining or fast paced in any way - which is ultimately what gamblers are looking for.
Good luck with the project, but I'd definitely make a few tweaks to the base game to make it more interesting if I were you (e.g., perhaps integrate block hashes into an animated game?)
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Mahanton
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January 13, 2021, 10:44:58 AM |
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Very similar idea to Chainbet - which also has a 0 house edge.
I don't think that you're going to find a lot of players for this game. I remember Chainbet actually advertised a great deal on the forum, but to essentially no avail.
People simply prefer to play traditional casino games, whether it be dice, BJ, craps etc. Whilst this is definitely one of the better ways of ensuring a provably fair result, it's not entertaining or fast paced in any way - which is ultimately what gamblers are looking for.
Good luck with the project, but I'd definitely make a few tweaks to the base game to make it more interesting if I were you (e.g., perhaps integrate block hashes into an animated game?)
One of the biggest problems with these kind of games is that they aren't really getting that much of attention no matter how generous or big their marketing would be they would really be still ending up with no results or interest in the end.As you had elaborated some example of Chainbet and I remember that one. I fully agree on the fact that people are way more interested into fast paced type of games like dice and crash games where outcomes could really be known in few seconds or instant but for this kind of blockchain or any other forms or lottery then it isn't really that much of appealing.
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chaser15
Legendary
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Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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January 13, 2021, 07:34:15 PM |
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One of the biggest problems with these kind of games is that they aren't really getting that much of attention no matter how generous or big their marketing would be they would really be still ending up with no results or interest in the end.
Raffle or lotteries, or any of the same type, aren't really a catchy game on most gamblers here ever since. 100% pure luck-based and even more difficult to win compared to playing to 5% house edge of a dice game. That will be the challenge to OP, how to face problems like that. But since they are just in their early phase, OP just has to continue giving the best service. The raffle will be drawn a few days from now, let's see how much users bet on it.
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kryptqnick
Legendary
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Activity: 3248
Merit: 1401
Join the world-leading crypto sportsbook NOW!
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January 14, 2021, 11:47:17 AM |
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1 in a 100 is a very slim chance... The website opens to me, but the last 20 guesses shows zero entries lol, and only three days are left before the result. The entry fee is currently worth $4 if I got it right, so not that much. The escrow is a great idea, it would immediately make the game way more interesting to the forum users. But BigBoy89's point about the fees is very relevant, of course, because the fees might cost as much as participation if not more, and that's far from great. Maybe choose a different crypto with lower fees for the time being? Another idea I have is that you lower the payout significantly, but also lower the requirements (for instance, whoever is closest to the actual number wins). That would also make it way more attractive.
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Twinkledoe
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Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
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January 14, 2021, 07:48:38 PM |
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One of the biggest problems with these kind of games is that they aren't really getting that much of attention no matter how generous or big their marketing would be they would really be still ending up with no results or interest in the end.
Raffle or lotteries, or any of the same type, aren't really a catchy game on most gamblers here ever since. 100% pure luck-based and even more difficult to win compared to playing to 5% house edge of a dice game. That will be the challenge to OP, how to face problems like that. But since they are just in their early phase, OP just has to continue giving the best service. The raffle will be drawn a few days from now, let's see how much users bet on it. I have the feeling that this lottery platform will not live long here. But I maybe wrong, let's see this coming Jan 18 if there will be some activity here. There are no list for the last 20 guesses. Does it mean, that there are no players here? No one bothered to take their chance.
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dunfida
Legendary
Offline
Activity: 3234
Merit: 1157
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January 14, 2021, 08:30:12 PM |
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One of the biggest problems with these kind of games is that they aren't really getting that much of attention no matter how generous or big their marketing would be they would really be still ending up with no results or interest in the end.
Raffle or lotteries, or any of the same type, aren't really a catchy game on most gamblers here ever since. 100% pure luck-based and even more difficult to win compared to playing to 5% house edge of a dice game. That will be the challenge to OP, how to face problems like that. But since they are just in their early phase, OP just has to continue giving the best service. The raffle will be drawn a few days from now, let's see how much users bet on it. I have the feeling that this lottery platform will not live long here. But I maybe wrong, let's see this coming Jan 18 if there will be some activity here. There are no list for the last 20 guesses. Does it mean, that there are no players here? No one bothered to take their chance. If there are no history of bets then it does indicate that no one really playing off into this site or do make out some bets and as @mahanton said that these type of games doesnt really get too much attraction. Even if they do some marketing like launching signature campaigns or any other type of marketing or exposure but still wont really be enough to drive out people to make out bets into the site. Main problems that do experience for all lottery sites out there.
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namcunguyen
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January 17, 2021, 08:04:13 AM |
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The end time of the first round is 7 hours, the list of last 20 guesses is still empty. People don't seem to care and trust HashLoot site.
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Kakmakr
Legendary
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Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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January 17, 2021, 04:29:07 PM |
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I need to understand something.... does every person who guess the correct answer, get the 0.01 BTC or just the first person who guessed it? If my math is correct, you can make 99 guesses at 0.0001 BTC and then get back 0.01 .... right?
You bargain on nobody getting the correct answer or a bunch of people getting it wrong to make a profit.... but you might be unlucky and a bunch of people might get it right and then you will have to cut and run... right?
I think it will be better if you can get some trustworthy Escrow service to hold the funds and for them to guarantee the payouts. (It is all about trust)
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Mahanton
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January 17, 2021, 08:44:47 PM |
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I need to understand something.... does every person who guess the correct answer, get the 0.01 BTC or just the first person who guessed it? If my math is correct, you can make 99 guesses at 0.0001 BTC and then get back 0.01 .... right?
You bargain on nobody getting the correct answer or a bunch of people getting it wrong to make a profit.... but you might be unlucky and a bunch of people might get it right and then you will have to cut and run... right?
I think it will be better if you can get some trustworthy Escrow service to hold the funds and for them to guarantee the payouts. (It is all about trust)
In most cases like this on where as an owner of lottery games then you would be that confident that no one will able to guess that right which means that will really be surely a profit. In all the years ive been in crypto and seeing lottery games that do offer this type doesn't really shows up someone who do able to hit the jackpot or the right combination in full-scale. It can really be guessed up but the odds are almost close to impossible that's why lottery games doesn't really get much attention.
I have the feeling that this lottery platform will not live long here. But I maybe wrong, let's see this coming Jan 18 if there will be some activity here. There are no list for the last 20 guesses. Does it mean, that there are no players here? No one bothered to take their chance.
It wont surely survive and just based up on initial impression and just a usual or casual thing on lottery sites they aren't really getting some players.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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January 17, 2021, 09:01:47 PM |
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The end time of the first round is 7 hours, the list of last 20 guesses is still empty. People don't seem to care and trust HashLoot site.
It's expected. OP really needs a big push here to attract users. Solve issues, answer questions clearly, put on heavy marketing, etc. After the first round, let's see if OP will just continue even with few users.
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AmoreJaz
Legendary
Offline
Activity: 3248
Merit: 1103
Leading Crypto Sports Betting & Casino Platform
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January 17, 2021, 10:33:12 PM |
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The end time of the first round is 7 hours, the list of last 20 guesses is still empty. People don't seem to care and trust HashLoot site.
It's expected. OP really needs a big push here to attract users. Solve issues, answer questions clearly, put on heavy marketing, etc. After the first round, let's see if OP will just continue even with few users. seems the OP has not been back here for a week already. i dont think someone participated the first draw. another failed project, i guess. lets see if he will come back here and make some improvements on his site. if not, that's fine. at least one less gambling site with poor prep. we dont need substandard gambling platforms here, which more then likely, will just screw naive players.
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