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Author Topic: have you ever play or won from a crypto exchange lottery?  (Read 1306 times)
perfect999
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July 10, 2021, 07:25:14 AM
 #41

OP might be confused but this is the real winning on Lottery nevertheless, that's still a good money for lottery.
I'm not into lottery as well but I've tried playing this before but I didn't win any money from there so I also stop playing it and goes back to the traditional gambling. The odds of winning in lottery is very low, you must the lucky guy before you won some people place a lot of money and yet they didn't win at all.
Same here, I don't like to buy tickets for a lottery contest because it's like betting on unrealistic odds. I don't mind if I am entering the lottery doing small tasks like there are often giveaways/airdrops where you just need to enter your address. I just don't want to spend money to buy lottery tickets.

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.
I don't think rigging is a problem because just like dice and other games, lotteries can be organized in a provably fair manner such that the results are picked using some kind of algorithm. I feel the real reason behind so many people hating the lottery is because the chances of winning a lottery are low and obviously only a handful of people will walk out as winners.
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July 10, 2021, 10:34:55 AM
 #42

This would be hard to convince but with pictorial evidence I think he truely won that. I haven't been this lucky although I play seldomly with very little coin to risk. I haven't gambled with a huge fortune before maybe that's why my luck isn't forth shinning but have heard of a few winnings from close friends but lot as large as this
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July 10, 2021, 09:40:52 PM
 #43

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.

this lottery in pancake is legit. if you try to buy 1 ticket, as of now the price is about 0.34 cake. and this round, it says the prize pot is worth $39009, and it still increases, depending maybe on the number of people who will buy their tickets. so the one who posted in twitter may have got that number of cake during that round he participated in. but i do agree, winning in lottery is very rare. not lucky on this kind of game as well.

just to give an idea how many cake you will get about your matching numbers -


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July 10, 2021, 09:49:21 PM
 #44


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

I am not aware that Pancake has lottery features but with that kind of price I don't think I can join the lottery and with so many pancake traders it's hard to win on the lottery $549 prize for a $15 is still good if they have winners displaying and they are promoting their winners they can attract more traders who are into the lottery, I hope some of the DEX where I'm actively trading will do something like this.


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July 10, 2021, 10:49:00 PM
 #45


There will always people who will play in a lottery that is why it's a big attraction for casinos and now on exchanges, this is one of the reasons why Pancake is big right now, they not only attract traders but lottery bettors as well but $15 for one ticket alone is quite big I prefer to bet in our lottery where you can only bet for only $0.50 for a chance to win millions.

Maybe your chance of winning is high in this pancake lottery system because the number of buyers are not that big. Whereas if the amount of lottery ticket is cheap, the number of people who can afford is many that your winning chance becomes very very slim. Anyway, it all depends on the user. If pancake is doing this regularly, then, it means, they are attracting lottery ticket buyers. And the prize is quite attractive.
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July 10, 2021, 11:59:20 PM
 #46

what do you think, have you tried?

I have no luck in a real lottery so I have never tried testing my luck on lotteries on an online platform. People that try their luck in an online lottery can only be their spare amount of money. I don't think there is someone that will spend a lot of money on the lottery despite the huge prize because it takes one in a million chance to win plus there is no enjoyment betting on those games. People that win in this game are very lucky and most often they are not even a gambler.
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July 11, 2021, 02:13:10 AM
 #47

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?



I am fully aware of that lottery but not looking at it because of the price of the ticket, I prefer to bet that amount on a dice where I have a better chance, the price is not that huge, compared when you are betting offline where you get to win millions at a cheaper ticket, but it's a good attraction for lottery lovers.
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July 11, 2021, 03:38:49 AM
 #48

I have not played any crypto lottery before since I have played a number of other lotteries and as it turns out they are not so "profitable". Plus the saying of "you have more chances of getting hit by the lightning ⚡ as compared to winning the lottery" seems right to me, since most lotteries these days are very competitive. At the same time there are so many people. The random generator or whatever these guys use to enlist the winners just doesn't work for me. Therefore instead of playing lotteries I would rather save that money and buy something for the long term. But take no offence, I know I am not lucky but that is not the case with everyone else around here. Maybe someone might win, who knows ?

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July 11, 2021, 03:42:22 AM
 #49

I am fully aware of that lottery but not looking at it because of the price of the ticket, I prefer to bet that amount on a dice where I have a better chance, the price is not that huge, compared when you are betting offline where you get to win millions at a cheaper ticket, but it's a good attraction for lottery lovers.

This is also what I know. I have not seen a crypto lottery which gives a larger jackpot amount than offline lotteries. But it is understandable because offline lotteries have much high numbers of participants. But winning is about millions in USD. Crypto lotteries have very limited participants that's why the jackpot is also smaller. And what's even sad is that crypto lottery tickets are more expensive than offline lottery tickets. But the winning probability in offline lotteries is lower than in crypto lotteries.
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July 11, 2021, 04:13:28 AM
 #50


Been gambling in the lottery, in and outside online gambling for several years but luck never reached me. I understand though as that was part of the risk and besides, there's always a statement "who knows". That bad luck won't stop me to bet on the lottery. Smiley

Congratulations to that guy who won the lottery on Pancakeswap. Not that much but not bad for a $15 per slot. We never know how much the user spends the whole time participating in the lottery. So lucky if the user only has a few attempts.

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July 11, 2021, 06:26:55 AM
 #51

Well, it looks legit enough. I took a peek at their Twitter threads plus a random bunch of search results and it seems like it's true enough, just that, the chances of winning are quite abysmal, just like how lotteries are usually anw. You can see that only quite a few players actually share them winning big amounts, and most people even share them winning only 0.5 or less even if they entered and used a pretty big amount of tickets.

This is also what I know. I have not seen a crypto lottery which gives a larger jackpot amount than offline lotteries. But it is understandable because offline lotteries have much high numbers of participants. But winning is about millions in USD. Crypto lotteries have very limited participants that's why the jackpot is also smaller. And what's even sad is that crypto lottery tickets are more expensive than offline lottery tickets. But the winning probability in offline lotteries is lower than in crypto lotteries.
I don't think winning probability changes much even if there were a lot of players that joined in? It's a matching of numbers after all, so it's entirely up to you. Even if there were a million people or only a single person that entered, the odds would still remain the same and only the price pool would change as you said.

R


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July 11, 2021, 09:36:33 AM
 #52

~
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.

The attraction of the lottery is extraordinary, even people who previously refused to be vaccinated, but after knowing that they can get a lottery
ticket that person can change his mind and want to be injected with a vaccine. Even though the chances of being a lottery winner are very small,
but many people are willing to spend a lot of money to buy lottery tickets. They are obsessed with big rewards, and hope for luck. Indeed,
there is nothing wrong with this, as long as the money used to buy lottery tickets is the extra money we have. If the lottery winner can make good
use of the rewards he gets, it needs to be appreciated, because most lottery winners will spend the rewards earned for consumptive things.

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July 11, 2021, 11:17:32 AM
 #53

I don't see much difference in gambling (the background is the same everywhere - mathematics), so I rarely try something new. I have enough poker, dice and roulette to have fun when I want to. The only option when I try something new (maybe it will be a lottery) is some kind of promotions/bonuses.

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July 11, 2021, 12:17:50 PM
 #54

I am fully aware of that lottery but not looking at it because of the price of the ticket, I prefer to bet that amount on a dice where I have a better chance, the price is not that huge, compared when you are betting offline where you get to win millions at a cheaper ticket, but it's a good attraction for lottery lovers.
The price of each ticket is approximately $5 which is expensive and not affordable plus the chances to win is also by luck. The reason why im hesitating to try because I know to myself that im not lucky on lottery game. Just like other lottery, if you want to maximize your chance to win, buying more tickets has an edge compared to others who buy less.

The prize jackpot is attractive and keep on increasing if no one hits it, indeed a good marketing strategy for those who use pancakeswap.

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July 11, 2021, 01:11:10 PM
 #55

I've tried playing on Bitvest before and as far I remember I won some money and that's the only site I played for and my favorite is the KENO game which I also play here in our local, this is so easy to understand and the result is fast as well. The odds on winning in lottery is very low, this is why you should not focus on this so you wont get addicted, better to gamble where you can have at least 30% chance of winning.
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July 11, 2021, 02:00:00 PM
 #56

I've played lotteries so many times before but not on crypto exchanges since the ones that I use doesn't offer any options to gamble and even if they do i'd probably avoid it. Don't get me wrong I still like lotteries but whenever I feel like gambling, the experience is always better on casinos.

The odds on winning in lottery is very low, this is why you should not focus on this so you wont get addicted, better to gamble where you can have at least 30% chance of winning.
Most people that play the lottery already know their chances of winning is close to none but they still do it since some lotteries have different ways of winning.

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July 11, 2021, 03:42:56 PM
 #57

Never, in any kind of lottery, never win.
that is why I never expect about winning and am also not even interested to join any lottery again.
bad luck for me in the lottery  Grin Grin

R


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July 11, 2021, 04:11:28 PM
 #58

Never won the lottery as far as I remember, it's hard to get it even if have a lot of tickets but that's not a guarantee to get a win in the lottery because in the lottery everything is really based on luck, but I always hope to get it even only once in a lottery draw on one gambling website I usually play on.

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July 11, 2021, 05:24:27 PM
 #59

Never, in any kind of lottery, never win.
that is why I never expect about winning and am also not even interested to join any lottery again.
bad luck for me in the lottery  Grin Grin
We have the same experience. But sometimes, I buy lottery by online join with my friend, just for fun and not expecting about winning on that. I know it will need luck to win but if that is for fun and join with a friend, that will be cool.

But I am thinking about how if we buy one ticket and win for a product, that is part of the lottery? Because we never know who the winner is.

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July 11, 2021, 05:29:09 PM
 #60

I've played it before but never got any chance to win even at the slightest amount than you can think. I just got a false hope that when I bet on it but didn't found any luck. With even small amounts of win, this is giving you that hope and at the same time pleasure because unlike any others, if you've won the lottery, it's quite satisfying even the amount would only small just as the image that you've posted OP. So if anyone has ever got the chance to win in the lottery, you're definitely one of the luckiest because unlike me and the others, we have never won any amount from it.

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