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Author Topic: BitLoto.org - daily crypto lottery [ 💰 Ticket price - 3$ ]  (Read 1149 times)
bitgame1 (OP)
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March 11, 2024, 09:41:56 PM
Last edit: March 26, 2024, 02:30:08 PM by bitgame1
 #1

https://bitloto.org
BitLoto.org - daily crypto lottery

Ticket price - 3$
----- ----- ----- ----- ----- ----- ----- ----- ----- ------ ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- -----
The lottery algorithm is as follows:
100% of the prize pool is distributed as follows:
- 1 jackpot - 50%
- 2 big wins - 10% each
- Doubling - number of tickets of doubling winners = ((number of tickets sold*10%)-3). 20% of the total prize pool is distributed among the doubling winners*.
- The service commission is 10%.
If less than 100 tickets are sold, the system may change the number of winners and the amount of the double draw, taking into account - the total number of tickets, the total prize pool and the minimum withdrawal amount in the TRC-20 network.
----- ----- ----- ----- ----- ----- ----- ----- ----- ------ ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- -----
Raffle
1. daily, ticket sales stop at 17:30 GMT
2. tickets are ranked in random order
3. each visitor to the site between 17:30 and 17:59 GMT moves the list of winners up one position.
4. 18:00 GMT, the winners are determined
5. 18:05 GMT winnings are automatically sent to the winners to TRX addresses on the TRC-20 network.

----- ----- ----- ----- ----- ----- ----- ----- ----- ------ ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- -----
how to sign up:
https://www.talkimg.com/images/2024/03/12/yq1kP.jpeg
https://www.talkimg.com/images/2024/03/12/yqVD2.jpeg
https://www.talkimg.com/images/2024/03/12/yqLBq.jpeg
https://www.talkimg.com/images/2024/03/12/yqrZc.jpeg

to make your experience with our lottery more comfortable, throughout the day we will publish promo codes for free tickets. good luck to everyone!
https://www.talkimg.com/images/2024/03/12/yq4hD.png
if there's a problem, I'll help you normally.

have a good game!
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March 12, 2024, 04:38:07 AM
 #2

As I see it you expect to raise $500 if you sell all the tickets and pay out $400 in prizes. If you give away some tickets the profit is reduced. I guess you are just starting out because such a low prize is not likely to attract a lot of customers. People go crazy the bigger the potential prize, even if the probability of winning is much smaller.

What system do you use to make the draw?

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March 12, 2024, 05:18:07 AM
 #3

I guess you are just starting out because such a low prize is not likely to attract a lot of customers. People go crazy the bigger the potential prize, even if the probability of winning is much smaller.
With this kind of lottery/raffle where the prize pool is based on the total purchased tickets only, the consequences for people to see bigger prize is more expensive ticket's price, more tickets to be sold and maybe more time to wait until all tickets are purchased. Especially it is a new site so it will be really hard to gain trust from players to buy the tickets.

What system do you use to make the draw?
No information on the site about how the winners will be drawn, FAQ page is not working and other important pages like T&C are all written in Russian so I have no idea what is written in that pages. Anyway, lottery should be fair and the draw should be done using provably fair mechanism where all players can verify it. Otherwise, there will be too many doubts about the lottery.

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March 12, 2024, 06:13:55 AM
 #4

I assume this lottery are only for Russian people... right?

I tried to figure out what "system" will be used to draw the winners, but all information is just in Russian.  Roll Eyes

You can give out free tickets as much as you like, but if you cannot prove that your method to draw the winners are not fair, then people will not participate.

I clicked in the little envelope to see if I can get online support and it was all in Russian too.

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bitgame1 (OP)
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March 12, 2024, 08:02:06 AM
 #5

I assume this lottery are only for Russian people... right?

I tried to figure out what "system" will be used to draw the winners, but all information is just in Russian.  Roll Eyes

You can give out free tickets as much as you like, but if you cannot prove that your method to draw the winners are not fair, then people will not participate.

I clicked in the little envelope to see if I can get online support and it was all in Russian too.
Thank you for your feedback. All the information about the drawing will be available tonight. The lottery is for everyone! The documentation will also be in English. ahead of time, I will say that all conclusions are in atomic mode, when registering, the system requests your TRX wallet on the trc-20 network. we chose this particular network because of the minimal commission
bitgame1 (OP)
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March 12, 2024, 08:09:52 AM
 #6

I guess you are just starting out because such a low prize is not likely to attract a lot of customers. People go crazy the bigger the potential prize, even if the probability of winning is much smaller.
With this kind of lottery/raffle where the prize pool is based on the total purchased tickets only, the consequences for people to see bigger prize is more expensive ticket's price, more tickets to be sold and maybe more time to wait until all tickets are purchased. Especially it is a new site so it will be really hard to gain trust from players to buy the tickets.

What system do you use to make the draw?
No information on the site about how the winners will be drawn, FAQ page is not working and other important pages like T&C are all written in Russian so I have no idea what is written in that pages. Anyway, lottery should be fair and the draw should be done using provably fair mechanism where all players can verify it. Otherwise, there will be too many doubts about the lottery.
Thank you for paying attention to our lottery. The FAQ has been translated and will be available in English today at the time of launch, I will also publish the terms on this site today. all outputs are in automatic mode, for this, during registration, the system will require you to enter your TRX address on the TRC-20 network
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March 12, 2024, 08:16:29 AM
 #7

As I see it you expect to raise $500 if you sell all the tickets and pay out $400 in prizes. If you give away some tickets the profit is reduced. I guess you are just starting out because such a low prize is not likely to attract a lot of customers. People go crazy the bigger the potential prize, even if the probability of winning is much smaller.

What system do you use to make the draw?

Hi, thanks for your reply. with this comment, you got into the most discussed problem that was in our team)) We've been thinking about it. but initially, the essence of our lottery is not the intervention of the administration in the course of the lottery. therefore, at least we are not going to pour money to attract our players. there will be giveaways of promo codes, the cost of which the site administration will transfer to the general prize fund. We do this so that the first-time buyers can test the system without fear of losing money.
Our tickets are unlimited. The 500 tickets you saw are our test draw within the team
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March 12, 2024, 08:30:29 AM
 #8

Congratulations on the launch of your lottery business. I know you must be very much excited anticipating the launch time. However, I remembered telling you about the minimum ticket purchase which is way  high if there would be a possibility of reducing it you agreed to doing that but I checked, it is still same  and you wrote it out here.

I remembered also advising you about the write up on your website to effect corrections on your lottery website as you have said is a global one and it seems the advice proferred fell on deaf ears.

Lastly, I tried reading through your terms and conditions of service but could not do that even when I tried translating it to English, it failed to do so. What is the fate of non Russian speaking player's who would want to pick up your ticket but can not speak or read Russian language to understand the terms and conditions of service. Even when trying to translate it for easy reading one can not do so. Do you not think this would cause suspicion on your side? I would advise you do something about it.



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March 12, 2024, 10:12:05 AM
 #9

Congratulations on the launch of your lottery business. I know you must be very much excited anticipating the launch time. However, I remembered telling you about the minimum ticket purchase which is way  high if there would be a possibility of reducing it you agreed to doing that but I checked, it is still same  and you wrote it out here.

I remembered also advising you about the write up on your website to effect corrections on your lottery website as you have said is a global one and it seems the advice proferred fell on deaf ears.

Lastly, I tried reading through your terms and conditions of service but could not do that even when I tried translating it to English, it failed to do so. What is the fate of non Russian speaking player's who would want to pick up your ticket but can not speak or read Russian language to understand the terms and conditions of service. Even when trying to translate it for easy reading one can not do so. Do you not think this would cause suspicion on your side? I would advise you do something about it.



Thank you for your words of support, we always treat the words of crypto community experts with great respect, and appreciate their time.

1. yes you are right, at the time of writing your reply - the documentation was in russian, we translated everything into english, but we have switched the language to english right now. also when you go to our site, english became the first language.
2. in the process of testing the ticket price was different, 10$, 30$...at the moment, taking into account your arguments, we have reduced the ticket price to 5$.
We can't set the cost less than 5$ dollars, because the interest of the network at deposit and withdrawal can make the prize fund not interesting for our users.
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March 12, 2024, 11:11:20 AM
 #10

Hello and welcome guys , seems like another Lotto thread here and hope you will gain
players soon because the way I see it , there are very few lottery thread that still exist now
but there are lot of them that tries to lure gamblers here but fails .

Will be checking this thread for legitimacy and may consider joining in the future because
I am fan of lottery myself.

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March 12, 2024, 11:21:49 AM
 #11

I suggest that you have a feature to bet anonymously without the need to create an account since this is a lotto game. You can just provide a betting address on different currencies and use a smart contract that will send directly the prize to the wallet address use to sent the bet amount.

Also 5$ per ticket is too high for a lottery ticket. I’m not certain about how lottery ticket cost in different country but my country traditional lottery just cost 1$ per ticket while the prize is much higher than what you offered. I’m not sure how you draw the winner and how much number is in the draw to determine the winning chance rate.

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March 12, 2024, 11:25:42 AM
 #12

On 12 March at 16:00 GMT (21:00 Moscow, 13:00 New York, 17:00 Paris)
launches a daily online crypto lottery - https://bitloto.org

🔹 Registration via Metamask
🔹 Tickets are $5.
more information - tomorrow

❗️ in the first 24 hours we will publish 24 promo codes for free tickets on our social networks and in this forum.



Not part of the team, I just quote what the OP put so that everyone can see it.

But I do agree, $5 per lottery ticket is very huge amount for gamblers here. Not that we can't afford it, but new sites like yours, we will have to question your reputation. So I would suggest that you lower amount and let gamblers tested your site first.

I'm not a fan of lottery though, but best of luck!!.

 
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March 12, 2024, 11:59:47 AM
 #13

I suggest that you have a feature to bet anonymously without the need to create an account since this is a lotto game. You can just provide a betting address on different currencies and use a smart contract that will send directly the prize to the wallet address use to sent the bet amount.

Also 5$ per ticket is too high for a lottery ticket. I’m not certain about how lottery ticket cost in different country but my country traditional lottery just cost 1$ per ticket while the prize is much higher than what you offered. I’m not sure how you draw the winner and how much number is in the draw to determine the winning chance rate.

Yeah right being anonymous is important that's why would agree if they have this kind of feature since there's no need to disclose anything else aside from what you have suggest. For sure there's a lot of people like that since majority want to have privacy especially that they don't want their name to be expose once they hit a win on their platform.

They should listen and change the minimum amount so that people would see that they listen to suggestion and what majority like to happen. They don't have any reputation yet so best for them if they are active listening and try to catch up the interest of people. $1 should be finr and for sure those people want to test their platform will not fine this so big especially if they are just curious to test out this new site.

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March 12, 2024, 12:38:38 PM
 #14

🔹 Registration via Metamask
🔹 Tickets are $5.
more information - tomorrow

❗️ in the first 24 hours we will publish 24 promo codes for free tickets on our social networks and in this forum.

I am of course interested in the drawing system, because this is the only measure that the tickets we buy in any quantity can be seen when the drawing process takes place. Like the lottery in general, which we usually follow, they do it live on social media channels, be it YouTube or any channel, the most important thing is that transparency towards the public can be accounted for so that there is no suspicion of manipulation in the drawing process. I haven't fully explored further but when I want to connect the metamask wallet there is altcoin TRX for the deposit method. Isn't this on a different network, so connecting a metamask wallet isn't necessary if I want to use TRX.

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March 12, 2024, 12:53:17 PM
 #15

I suggest that you have a feature to bet anonymously without the need to create an account since this is a lotto game. You can just provide a betting address on different currencies and use a smart contract that will send directly the prize to the wallet address use to sent the bet amount.

Also 5$ per ticket is too high for a lottery ticket. I’m not certain about how lottery ticket cost in different country but my country traditional lottery just cost 1$ per ticket while the prize is much higher than what you offered. I’m not sure how you draw the winner and how much number is in the draw to determine the winning chance rate.
we are daily lottery, and 10% of tickets win the game! That's a pretty big winning percentage for lotteries.

Determination of the winner is determined by the system according to the following logic - 100% of the prize fund is distributed as follows:
1 jackpot is 50%
2 big wins - 10% each
Doubles. number of tickets of the winners of the double = ((number of tickets sold*10%)-3). 20% of the total prize pool is distributed among the winners of the double.*
Service commission is 10%
*If fewer than 100 tickets are sold, the system may modify the number of winners and the amount of the Take drawing by considering - total number of tickets, total prize pool and minimum withdrawal amount on the TRC-20 network

we'll think about making it anonymous, it's as important as making the lottery transparent.
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March 12, 2024, 06:58:38 PM
Last edit: March 12, 2024, 08:19:28 PM by bitgame1
 #16

We are happy to announce that from 18:00 our daily crypto lottery https://bitloto.org/ has been launched. you can find the rules of the game on our website or in our social networks.
 


The lottery algorithm is as follows:
100% of the prize pool is distributed as follows:
- 1 jackpot - 50%
- 2 big wins - 10% each
- Doubling - number of tickets of doubling winners = ((number of tickets sold*10%)-3). 20% of the total prize pool is distributed among the doubling winners*.
- The service commission is 10%.

*If less than 100 tickets are sold, the system may change the number of winners and the amount of the double draw, taking into account - the total number of tickets, the total prize pool and the minimum withdrawal amount in the TRC-20 network.

how to sign up:





to make your experience with our lottery more comfortable, throughout the day we will publish promo codes for free tickets. good luck to everyone!

if there's a problem, I'll help you normally.


have a good game!


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March 12, 2024, 09:19:12 PM
Last edit: March 12, 2024, 11:13:32 PM by bitgame1
 #17

Promo code #2 TM85
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March 12, 2024, 11:11:07 PM
 #18

On 12 March at 16:00 GMT (21:00 Moscow, 13:00 New York, 17:00 Paris)
launches a daily online crypto lottery - https://bitloto.org

🔹 Registration via Metamask
🔹 Tickets are $5.
more information - tomorrow

❗️ in the first 24 hours we will publish 24 promo codes for free tickets on our social networks and in this forum.



Not part of the team, I just quote what the OP put so that everyone can see it.

But I do agree, $5 per lottery ticket is very huge amount for gamblers here. Not that we can't afford it, but new sites like yours, we will have to question your reputation. So I would suggest that you lower amount and let gamblers tested your site first.

I'm not a fan of lottery though, but best of luck!!.
I generally agree, so give the promo code to test, and maybe win -  JE72
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March 12, 2024, 11:58:46 PM
 #19

Congratulations on the launch of your lottery business. I know you must be very much excited anticipating the launch time. However, I remembered telling you about the minimum ticket purchase which is way  high if there would be a possibility of reducing it you agreed to doing that but I checked, it is still same  and you wrote it out here.

I remembered also advising you about the write up on your website to effect corrections on your lottery website as you have said is a global one and it seems the advice proferred fell on deaf ears.

Lastly, I tried reading through your terms and conditions of service but could not do that even when I tried translating it to English, it failed to do so. What is the fate of non Russian speaking player's who would want to pick up your ticket but can not speak or read Russian language to understand the terms and conditions of service. Even when trying to translate it for easy reading one can not do so. Do you not think this would cause suspicion on your side? I would advise you do something about it.



Thank you for your words of support, we always treat the words of crypto community experts with great respect, and appreciate their time.

1. yes you are right, at the time of writing your reply - the documentation was in russian, we translated everything into english, but we have switched the language to english right now. also when you go to our site, english became the first language.
2. in the process of testing the ticket price was different, 10$, 30$...at the moment, taking into account your arguments, we have reduced the ticket price to 5$.
We can't set the cost less than 5$ dollars, because the interest of the network at deposit and withdrawal can make the prize fund not interesting for our users.


It is nice you acknowledged the fact that you will have to make corrections in your website for good. I had to check again for myself to see if I can still read you terms and conditions of service so I can know what I am signing up for because I have interest in playing your crypto lottery but this case now is worse because the terms and conditions of service link seems broken and not loading. Did you do that on purpose or It is a bug because.  I am becoming more curious about your lottery games as it is now if I can not have access to your terms and conditions of service.

Here's the link to your terms and conditions of service. It is not working ;

https://bitloto-org-1.gitbook.io/bitloto.org-documentation/attachments/terms-of-service

bitgame1 (OP)
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March 13, 2024, 05:48:40 AM
 #20

Congratulations on the launch of your lottery business. I know you must be very much excited anticipating the launch time. However, I remembered telling you about the minimum ticket purchase which is way  high if there would be a possibility of reducing it you agreed to doing that but I checked, it is still same  and you wrote it out here.

I remembered also advising you about the write up on your website to effect corrections on your lottery website as you have said is a global one and it seems the advice proferred fell on deaf ears.

Lastly, I tried reading through your terms and conditions of service but could not do that even when I tried translating it to English, it failed to do so. What is the fate of non Russian speaking player's who would want to pick up your ticket but can not speak or read Russian language to understand the terms and conditions of service. Even when trying to translate it for easy reading one can not do so. Do you not think this would cause suspicion on your side? I would advise you do something about it.



Thank you for your words of support, we always treat the words of crypto community experts with great respect, and appreciate their time.

1. yes you are right, at the time of writing your reply - the documentation was in russian, we translated everything into english, but we have switched the language to english right now. also when you go to our site, english became the first language.
2. in the process of testing the ticket price was different, 10$, 30$...at the moment, taking into account your arguments, we have reduced the ticket price to 5$.
We can't set the cost less than 5$ dollars, because the interest of the network at deposit and withdrawal can make the prize fund not interesting for our users.


It is nice you acknowledged the fact that you will have to make corrections in your website for good. I had to check again for myself to see if I can still read you terms and conditions of service so I can know what I am signing up for because I have interest in playing your crypto lottery but this case now is worse because the terms and conditions of service link seems broken and not loading. Did you do that on purpose or It is a bug because.  I am becoming more curious about your lottery games as it is now if I can not have access to your terms and conditions of service.

Here's the link to your terms and conditions of service. It is not working ;

https://bitloto-org-1.gitbook.io/bitloto.org-documentation/attachments/terms-of-service
we just checked the documentation links from two different countries, Russia and Estonia, and they work. i will look into this issue further and report back to you.
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