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Author Topic: have you ever play or won from a crypto exchange lottery?  (Read 1306 times)
mindrust
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July 09, 2021, 02:01:06 PM
Last edit: July 09, 2021, 05:12:51 PM by mindrust
 #21

-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.

Where did I say that PancakeSwap is not legit? I said, online casinos/exchanges do that a lot which is true. PancakeSwap might be legit. I don't know all about that. I haven't heard of that company before. Mine was just a warning.

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July 09, 2021, 02:36:49 PM
 #22

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


Well, what would be wrong with the market strategy in this case? They have that feature and they are sharing the news about that feature (in this case lottery) on their official Twitter page!
The lottery is a lottery! It's the game of pure luck! Some people win, while many, many people just lose! I had the luck winning some lotteries, but with a small number of participants, and with a very low prize pool! Except on Bitdice and Freebitcoin, where you can earn lottery tickets by playing, I don't play the lottery on other places... of course, I am earning tickets, I am not buying them!

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July 09, 2021, 03:35:08 PM
 #23

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.
Indeed a lot of fake giveaways keep happening from time to time to lure gamblers into believing they can actually win lotteries. I often even wonder if the lottery winners are actually picked or pre-determined since there is no way to make the picking system fair. Although, I think if pancakeswap did a lottery and since it's just $548, it must be real.

Casinos fake a lot of giveaways and that is one topic I would love to discuss. I haven't taken part in many lotteries of late but the ones stake does are fair because Eddie does it live and uses google for picking the numbers. But that said, no one knows who owns how many tickets and if the tickets were actually earned .. it can be cheated. Not that I doubt stake or anyone but just stating facts.

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July 09, 2021, 06:23:08 PM
 #24

Of course you can win in the crypto lottery, but you need to consider the chances of winning strongly depend on the total number of participants. The more participants, the lower the chances. I didn't participate in crypto lotteries, but I won a good sum in a regular lottery once. Lottery is a game for patient players, that's why I don't play it for a long time. 

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July 09, 2021, 06:58:38 PM
 #25

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.
Its preference most of the time because we do have interest on games and not all would really be having the same mindset.Even if you do hate it then someone do loves it.
For lottery winning talks then its not that surprising on hitting that significant enough, im much aware with that pancakeswap lottery and same as yours im not that
a really fan on engaging with this type of gambling. Odds are almost close to impossible which i do rather engage into something which is more worth of my time
and of course you would be also enjoying while you do play.

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July 09, 2021, 07:12:00 PM
 #26

I play only at Freebitco.in's lottery. For me it's a good one as it's not necessary to spend anything to participate. I just roll the faucet button every hour and receive free lottery tickets, besides tickets from referrals progression on the site and from wheel of fortune spins.
Of course it's really hard to win because there are thousands or maybe millions of users actively trying to win as well, but like many people on this forum have already noticed, winners don't necessarily need to hold too many tickets to be the chosen ones. It's possible to win even with few dozens of tickets, so I keep hoping I will hit a nice prize on that lottery someday.

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July 09, 2021, 07:16:44 PM
 #27

Someone do even won $250,000 on that lottery: https://www.reddit.com/r/pancakeswap/comments/lwykjg/someone_won_the_lottery_250000/

You would win big in lottery if you are lucky enough but of course you are also aware with the odds on hitting it.So dont get be surprised on that matter.  Cool

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July 09, 2021, 07:50:55 PM
 #28

The only lottery I have played so far in crypto is that of Freebitco.in website.I never won anything there and I doubt I will win anything from these kind of lotteries so I stay away from them now.I know there are people who have won though and play always in the hope to win again.


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July 09, 2021, 08:00:24 PM
 #29

Its preference most of the time because we do have interest on games and not all would really be having the same mindset.Even if you do hate it then someone do loves it.
Yes.

But, due the chance winning pretty low don't hope to much cause everyone or maybe 70-90% people is hoping to win the prize at least get back of his money. In, case for pancake swap we don't need to match all number, 3-4 number already enough to get a profit. Off course, don't really have high expectation about lottery ~XD

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July 09, 2021, 08:12:30 PM
 #30

I have never played or won in a crypto exchange lottery. Didn't even know they existed. So how does this lottery thing work? Is it like if you use the exchange you will be included on the next draw? Then there will hundred thousands on entries and you have to be very very lucky to be the winner. Like you have a very slim chance of winning. I guess those who are sharing they won, are the really lucky ones. Nonetheless, it doesn't cost you anything to enter, so it doesn't matter if you don't win. But if you win, you would rather hope that your were lucky somewhere else  Tongue .

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July 09, 2021, 08:14:30 PM
 #31

I play only at Freebitco.in's lottery. For me it's a good one as it's not necessary to spend anything to participate. I just roll the faucet button every hour and receive free lottery tickets, besides tickets from referrals progression on the site and from wheel of fortune spins.
Of course it's really hard to win because there are thousands or maybe millions of users actively trying to win as well, but like many people on this forum have already noticed, winners don't necessarily need to hold too many tickets to be the chosen ones. It's possible to win even with few dozens of tickets, so I keep hoping I will hit a nice prize on that lottery someday.
I know about this website, it is quite famous for free faucet and some gambling activities as well as lottery promotions but after a process of joining and combining with some experience of quite professional people, we need to know a few tricks to roll and some strategies to redeem more lucky lottery tickets, it can be called some exploitable holes of the game. Cannot exploit natural vulnerabilities and can only call for help from pure luck, I assure you that luck will not fall on our heads, winning a prize is also a strategic sequence

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July 09, 2021, 08:16:23 PM
 #32

I do play on local and online but I didn’t win any amount of money, lottery is one of the hardest thing to win on gambling, very rare to see a winners everyday. Anyway, to OP you misunderstood the real value of that lottery win but it’s not a big deal though, a win is still a win and the real question is, how much money the winner spend before he won on that lottery?
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July 09, 2021, 08:31:01 PM
 #33

Someone do even won $250,000 on that lottery: https://www.reddit.com/r/pancakeswap/comments/lwykjg/someone_won_the_lottery_250000/

You would win big in lottery if you are lucky enough but of course you are also aware with the odds on hitting it.So dont get be surprised on that matter.  Cool
If luck go with you winning a lottery like that is very possible. It's just a matter of how will you manage those winning money afterwards.

I don't have that experienced yet and I' trying to find one for me, jus keep on hoping and if chance if permits trying to participated with high hope that in anyhow luck will back me up.

The only lottery I have played so far in crypto is that of Freebitco.in website.I never won anything there and I doubt I will win anything from these kind of lotteries so I stay away from them now.I know there are people who have won though and play always in the hope to win again.



yeah right, Freebitco.in have this lottery if chance permits you buying or collecting those tickets from their faucets allows you
to extend your chance of winning.  though it's always luck that brings the money on your table.

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July 09, 2021, 08:37:54 PM
 #34

playing lottery is something that easily makes people very frustrated, imagine spending years playing the lottery, always losing and one day some newbie buys a ticket and wins... it makes anyone frustrated. I personally never won the lottery, I stopped playing because I always lost, I realized it would bring me frustration. And there's one more thing, I saw several people who made a lot of money in the lottery and became poor in a short time, it was a shocking thing, I even thought they were people who were paid by the lottery organizers, but after a while I realized they were the real winners who were poor after earning a lot of money

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July 09, 2021, 08:59:59 PM
 #35

Well, for how many years I do play the lottery even in the crypto exchange lottery or in any local lottery --but the sad thing, until now I did not win even though it took for how many years that I keep buying and purchasing tickets. Until now I am still hoping that one day I will win the jackpot prize in the lottery and take my first vacation off the country.
But did you know that most crypto gambling lotteries did not exist or let say most of them, the reason is no one has an interest in continuing to gamble on this game because the chances of winning are very slim, even perhaps you will have own hundreds of tickets per draw but still the chances will consider as small.









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July 09, 2021, 09:05:03 PM
 #36

There were a few crypto exchange lotteries that I participated in, some of them no longer operational since they weren't able to keep up with the industry's standards. I never really won anything on lotteries but it's really a good side bonus on using the platform. Say, you can rack up tickets or entries by trading X amount of crypto or $ in a day which you can use to join in the lottery. It could be a way to attract potential traders in to the platform to at least target something from their trading ventures aside from what they're already doing.

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July 09, 2021, 09:34:10 PM
 #37

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?

Good question. Today, I've got 3 spins in Binance 4th Anniversary. Two of them was typical "Thanks" from CZ, and the last one was close to hit NFT, but resulted in 800 TRX. Of course, i would prefer NFT to 800 TRX, but anyway, it's also good result  Grin

But this happened to me for the first time.

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July 10, 2021, 02:25:12 AM
 #38

Nope, haven't tried this. I am not interested either, although I am not saying this is fake. This is most probably true. The platform is a popular one and has many users. It is not a big deal for them to conduct lotteries with relatively low prizes. Plus the ticket is quite expensive at 1 CAKE.

Anyway, I am not really a fan of lotteries in general. It is hard to win in them. The prize may be worth it but the chance of winning is very low. I'd rather play dice than spend money on lotteries.

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July 10, 2021, 03:41:31 AM
 #39

Nope, haven't tried this. I am not interested either, although I am not saying this is fake. This is most probably true. The platform is a popular one and has many users. It is not a big deal for them to conduct lotteries with relatively low prizes. Plus the ticket is quite expensive at 1 CAKE.

Anyway, I am not really a fan of lotteries in general. It is hard to win in them. The prize may be worth it but the chance of winning is very low. I'd rather play dice than spend money on lotteries.

Because the chances of winning in the lottery are very small, I also very rarely participate in the lottery. I, like you, prefer other gambling games
to participating in the lottery, but I'm not saying the lottery is bad. It's just that I'm not really interested, so congratulations to the winners of
the lottery held by Pancakeswap. Because being a lottery winner is a happy thing, no matter how big the prize is, it's still a proud thing to be
a lottery winner.

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July 10, 2021, 05:42:09 AM
 #40

Nope, haven't tried this. I am not interested either, although I am not saying this is fake. This is most probably true. The platform is a popular one and has many users. It is not a big deal for them to conduct lotteries with relatively low prizes. Plus the ticket is quite expensive at 1 CAKE.

Anyway, I am not really a fan of lotteries in general. It is hard to win in them. The prize may be worth it but the chance of winning is very low. I'd rather play dice than spend money on lotteries.

Because the chances of winning in the lottery are very small, I also very rarely participate in the lottery. I, like you, prefer other gambling games
to participating in the lottery, but I'm not saying the lottery is bad. It's just that I'm not really interested, so congratulations to the winners of
the lottery held by Pancakeswap. Because being a lottery winner is a happy thing, no matter how big the prize is, it's still a proud thing to be
a lottery winner.
Yes, you are right. Lottery attracts many people to try their luck and they will try to spend more money to join.
But lottery can make us spend the money without counting how much money we already used.
Being the winners of that Pancakeswap is unpredictable for that guy, and I think he can enjoy the win money.
I see he have a plan to stake some of that token to have a passive income. Well, that is good for him. At least, he knows what he wants to do with the win money.
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