If you assume the expected round time (block) is 10 minutes, how much time the whole game will take?
I can provide some estimate:
16 entries / 5 winners = 11 blocks
16 entries / 3 winners = 13 blocks
(playing with 1 live).
16 entries / 5 winners = 43 blocks
16 entries / 3 winners = 45 blocks
(worst situation every player use at least 3 lives / except final winners)
I don't understand why panic as well. Panic is probably because it's a race against time while players also compete with each other's lives.
If you're getting selected by a block you're "dead". You have lost your life. But You have technically around 10 minutes for play again .... or maybe less or maybe more.
Sometimes blocks are produced very slow, sometimes not.
You can get panic while thinking = I want play anymore? When is the right time to place a bid? etc etc.... that's why I add a "panic" name....
the game itself is not a fast game at least with bitcoin.
--- in any case, it could be possible use also other blockchains maybe faster
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but BTC is always BTC
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I would play a game like this only with blockchain.
---It could be modified as well (like 8 players / double selection ---> bigger prize / much faster )
the game is free for everyone that want to create it or trying to play with "these rules". Please cite each time my reference thread if possible and if you deserve my idea was enough funny and original.
Next step, with help of some other guys that I have already reached in MP.
I will prepare a free test ( I will pay with btc some small prize like during holidays) to be played.
Feel free to share your idea or other suggestions, meanwhile thank you all for contributions