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Author Topic: have you ever play or won from a crypto exchange lottery?  (Read 1302 times)
Tumanggor (OP)
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July 09, 2021, 06:18:15 AM
Last edit: July 09, 2021, 01:02:39 PM by Tumanggor
 #1

in the last few days, I see more and more people posting they won from the lottery which is in pancakeswap
what surprises me is this account that claims he won 37.583 $CAKE or the equivalent of $548 (sorry I saw it wrong before)

what do you think, have you tried?


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July 09, 2021, 06:47:34 AM
Last edit: July 09, 2021, 06:59:25 AM by avikz
 #2

Dude, there's a huge difference between 37.583 units and 37,583 units. Just notice the comma and fullstop. In the screenshot, I can see it is fullstop and not comma.

So that does not make it "thirty sever thousand and five eighty three" units of cake. Rather it is just a little more than 37 units of cake token.

Am I missing something? Or this is how Cake token is represented or have a German developer?

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July 09, 2021, 06:50:05 AM
 #3

That's 37 CAKE = 548$.

Try to see the winning criteria of PancakeSwap Lottery, I don't really like "Lottery" is purely hoping on luck so the chance not really good. More prefer to do a regular gamble.

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July 09, 2021, 06:52:43 AM
 #4

The screenshots you see here and there, most of the time they are fake. They do that to attract customers. Online casinos do that a lot too. Who is going to prove that the guy didn't win that amount? Nobody can. They can easily fake this and it is a dirty way to advertise your business.

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July 09, 2021, 07:18:47 AM
 #5

That's 37 CAKE = 548$.

Try to see the winning criteria of PancakeSwap Lottery, I don't really like "Lottery" is purely hoping on luck so the chance not really good. More prefer to do a regular gamble.

It would be surprising really to give away 37,583 $CAKE for a lottery in crypto. Its a dot which means its just 37.xxx

I have won a lottery in crypto.games, its not hard to win such a game especially if you buy a lot of slots. The lottery in this casino is easy to play unike the others which they all have to match.  Tho old lottery in crypto is easier to play.



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July 09, 2021, 07:19:48 AM
 #6

That lottery still big money for most people out there and it is hard to win the lottery because that is pure luck and only the lucky person can win.
Like that person, he really got lucky to win that money.
But we do not know if that is real or fake because he does not tell about his wallet or explain more.
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July 09, 2021, 07:29:01 AM
 #7

-snip-
What are you talking about?

Is "LOTERY" from PancakeSwap you can check by official Twitter of PancakeSwap there a lot of users who also share of their winning is legit no fake or anything. PancakeSwap nota taking any fee at all, only 20% from the pools is going to burn.

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July 09, 2021, 07:42:06 AM
 #8

-snip-
What are you talking about?

Is "LOTERY" from PancakeSwap you can check by official Twitter of PancakeSwap there a lot of users who also share of their winning is legit no fake or anything. PancakeSwap nota taking any fee at all, only 20% from the pools is going to burn.
I don't dare speculate on this but I still believe that pancakeswap is running an honest business and marketing...

I follow Pancake's official Twitter account since a few months ago and it's true that Pancakeswap often shares winners in their lottery, for example, this tweet https://twitter.com/PancakeSwap/status/1413199225031036930.

btw, I've tried 3 times to buy lottery tickets there but no luck at all, it needs extreme luck to win a cake there.


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July 09, 2021, 08:17:25 AM
 #9

I've never seen a lottery bet win nearly $548k.
He said the meaning of 'Will risk this' is a broad meaning if you understand it.

Quote
#PancakeSwap and #CAKE are the future! Will stake these, and stack more cake!

He hasn't won in the lottery game, it's just that if he places more you misinterpret the win.

What he means: if he staked more CAKE maybe his dream would come true, but he doesn't.
Those are indeed the thoughts of every bettor, if, for example etc, at the time of winning the lottery $50-$100.

R


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July 09, 2021, 09:16:27 AM
 #10

At first I was also surprised that player won lottery on pancakeswap worth $548k and then I realised it was only 37 cakes their token.But I personally don't have been fond of these lotteries and prefer to bet on real games which involves certain elements of plans and strategies and you play against house or real competitors but yes if you are willing to try your luck on them you can give it a shot who knows you also win that.And most probably they are not the fake wins to attract you as they are already into big business and many tweets could not be fake by random people's and by staking you could earn more reward.

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July 09, 2021, 10:45:15 AM
 #11

btw, I've tried 3 times to buy lottery tickets there but no luck at all, it needs extreme luck to win a cake there.
That's why I hate LOTTERY, is hard to be win can't use any strategy more money more chance not guarantee you are wining. I more prefer regular gambling rather than lottery but went you want to test your luck freely to try.

I've never seen a lottery bet win nearly $548k.
He said the meaning of 'Will risk this' is a broad meaning if you understand it.
6 number hit is a jackpot, so normally went you hit this the prize win is big.

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July 09, 2021, 11:15:29 AM
 #12

btw, I've tried 3 times to buy lottery tickets there but no luck at all, it needs extreme luck to win a cake there.
That's why I hate LOTTERY, is hard to be win can't use any strategy more money more chance not guarantee you are wining. I more prefer regular gambling rather than lottery but went you want to test your luck freely to try.
^ You will never win in the lottery dude if you will always hate them.
You can try at least the amount that you can afford to lose, who knows, you have bought only 5 tickets and you got lucky to win the jackpot prize.
Nevertheless, on my side, I never win the lottery even online or in our local lottery, if this is not manipulated for sure you will have a chance to win but don't expect, because the chances of winning are a very tiny amount fraction over 100 percent.
However, that is not a jackpot I believe.
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July 09, 2021, 12:04:53 PM
 #13

This looks more like a marketing strategy to get more people to use this exchange because with such a huge amount given by them for a small exchange, sorry am not buying this.


Talking of lottery tickets I have tried this several times on a different exchange and I can assure you that this isn't by any chance an easy game, but you don't win if you don't play so try your luck Smiley

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July 09, 2021, 12:33:46 PM
 #14

No, I haven't even entered on crypto exchange lottery, so obviously I'm not going to win any. Again, this is based on pure luck, that good enough money to begin investing on crypto. I'm not against them, but there are people who doesn't like lottery, maybe they think it is rigged or something or the chances to win are really very slim. And in order to win, you need to have a lot of tickets/slots and you might spend money on it.

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July 09, 2021, 12:44:03 PM
 #15

No, I haven't even entered on crypto exchange lottery, so obviously I'm not going to win any. Again, this is based on pure luck, that good enough money to begin investing on crypto. I'm not against them, but there are people who doesn't like lottery, maybe they think it is rigged or something or the chances to win are really very slim. And in order to win, you need to have a lot of tickets/slots and you might spend money on it.

Yeah! it's simply based on some huge pure luck since the odds are too far away from the wins and this kind of game is scary because people will become addicted due to its easy play and small fees which will lead to most of the players will bet everyday. I rather choose to join their giveaways if ever they will have one and you only do some easy tasks to claim your reward. Doesn't matter if it is a big reward or a small the point is the assurance to get your payment for what you did.

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July 09, 2021, 12:51:55 PM
 #16

@Tumanggor, you are joking, your over computed the winning.

Well, I haven't played in a lottery from a trading site yet because I have not seen one.
I use Binance, Kucoin, and even a small exchange but they have no lottery game.

Yobit has a dice game (not lottery) but I'm not into it as I don't trust it.

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July 09, 2021, 12:57:54 PM
 #17

How I wish whoever won that lottery won hundreds in thousands but that's not the right amount just as what have been pointing out to you by the other posts.
It's a period not a comma so it's a centavo in value after the period.

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July 09, 2021, 12:58:04 PM
 #18

@Tumanggor, you are joking, your over computed the winning.

Well, I haven't played in a lottery from a trading site yet because I have not seen one.
I use Binance, Kucoin, and even a small exchange but they have no lottery game.

Yobit has a dice game (not lottery) but I'm not into it as I don't trust it.
Some games like Dice is available on yobit. I've tried those, and it has got only the over and under option. We cannot make a move on the bar. Specific lottery sites were available with cryptocurrency acceptance. Those platforms run on a basis of specific number of participants. Majority of these sites weren't trusted by the forum members. What has been mentioned in the op seems to be a bounty.

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July 09, 2021, 01:31:56 PM
 #19

This looks more like a marketing strategy to get more people to use this exchange because with such a huge amount given by them for a small exchange, sorry am not buying this.
Talking of lottery tickets I have tried this several times on a different exchange and I can assure you that this isn't by any chance an easy game, but you don't win if you don't play so try your luck Smiley
pancakeswap is one of the leading exchange now so i wont say that they are small .
 they can afford to put a prize like that and the ticket buyer also contributes in the prize pool . they have lots of users and the prize could worth more than that .
their tickets are also cost expensive because it was priced at 1 cake per ticket and 1 cake is now worth $15.72
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July 09, 2021, 01:38:38 PM
 #20

This looks more like a marketing strategy to get more people to use this exchange because with such a huge amount given by them for a small exchange, sorry am not buying this.


Talking of lottery tickets I have tried this several times on a different exchange and I can assure you that this isn't by any chance an easy game, but you don't win if you don't play so try your luck Smiley


I've also seen a topic posted like this before and I also had the same thought. A friend of mine tried it and was unlucky in the end. However, there are actually lots of trusted lotteries and we only have to choose the legit ones. Not everyone could be lucky in the lottery but some people could gain something by trying.
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