BitLoto.org - daily crypto lottery [ 💰 Ticket price - 3$ ]

[kotajikikox]

we have started the realization of this initiative, and soon  restructure the logic of the drawing, and rondomizer will only randomly rank the lists of tickets, and each unique visitor to the site will move the list where the list of winners begins.

Better do  mate and really like how you handling this thread very different from other lotto site that at most when being questioned they will abandoned the thread and not pursuing their business here in our members.

Welcome here in Bitcointalk , I love Lotto but will wait for others to confirm their experience because it is important for me to know their experiences .

[bitgame1]

I'm not sure if I understand this correctly but I'm almost certain it won't be enough as the result would not be replicable (verifiable) by other users.

[/quote]

you will be able to access the site in real time, 10 minutes before the results are announced, from two different gadgets, and see how you move the list. this will be visible to every visitor.
The basic principle of this logic is that everyone can influence, but no one can control.

[bcfr]

I'm not sure if I understand this correctly but I'm almost certain it won't be enough as the result would not be replicable (verifiable) by other users.

you will be able to access the site in real time, 10 minutes before the results are announced, from two different gadgets, and see how you move the list. this will be visible to every visitor.
The basic principle of this logic is that everyone can influence, but no one can control.

So the final stage of daily draw results in users keep visiting (reloading) the page trying to move in the list to winning position ... like some sort of reload brawl?
It's definitely interesting approach. I guess it contains some level of randomness and couple users might find it sufficient. But still it can be rigged by you (I say it again it's not replicable ) which makes it no go for me.
Let's just give it a try.

BTW can say I appreciate you are trying to improve as well... good approach, go on.

[bitgame1]

I'm not sure if I understand this correctly but I'm almost certain it won't be enough as the result would not be replicable (verifiable) by other users.

you will be able to access the site in real time, 10 minutes before the results are announced, from two different gadgets, and see how you move the list. this will be visible to every visitor.
The basic principle of this logic is that everyone can influence, but no one can control.

So the final stage of daily draw results in users keep visiting (reloading) the page trying to move in the list to winning position ... like some sort of reload brawl?
It's definitely interesting approach. I guess it contains some level of randomness and couple users might find it sufficient. But still it can be rigged by you (I say it again it's not replicable ) which makes it no go for me.
Let's just give it a try.

BTW can say I appreciate you are trying to improve as well... good approach, go on.

1. 1 IP - I visit.
2. How can I tweak this? If you can go to the site at any time and shift? Can you visit site from another gadget at any time and check that there has been a +1 shift?
Sure, one of the users can use VPN, but any other site visitor will shift his whole strategy and he has to start from the beginning, which minimizes the possibility of tweaking.
I think this is a better guarantee of fair play than pulling the right number ball out of the drum

[bcfr]

To make it really bulletproof would require quite lot of additional work on your side and maybe it's not even necessary (possibly you'll find enough users accepting the current state).
I was just expressing my personal opinion, wait for other people insights.

heres couple hints to consider:
every tiket has to have a blockchain record (transaction), no promo codes (or use them but claimed promocode has to create a blockchain record)
a public rule how the winning tickets are selected (this has to be public so anybody can use it to check any previous draws retrospectively)
use hash functions as a means of proving that you didn't rig the draw

Get inspired by how other casinos do this.

EDIT:
That promo code part (the requirement to create blockchain record) is essential for transparency which is essential for provably fair system.
I guess here starts the real "know-how" you should either learn yourself or purchase.

I'm not gonna bother you anymore, wish you goodluck with this project

[bitgame1]

To make it really bulletproof would require quite lot of additional work on your side and maybe it's not even necessary (possibly you'll find enough users accepting the current state).
I was just expressing my personal opinion, wait for other people insights.

heres couple hints to consider:
every tiket has to have a blockchain record (transaction), no promo codes (or use them but claimed promocode has to create a blockchain record)
a public rule how the winning tickets are selected (this has to be public so anybody can use it to check any previous draws retrospectively)
use hash functions as a means of proving that you didn't rig the draw

Get inspired by how other casinos do this.

We'll gradually come to that
As for the promo codes, each promo code is secured with money from our side, added to the total prize pool.
I'm very glad for your attention, taking into account the opinion of the community we can make our project better.
Some things we can implement in a short time and some things will take time.
Thank you for your feedback

[bitgame1]

we have done some work on the appearance of our website http://bitloto.org

[Kavelj22]

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.

Your opinion confirms the validity of my idea regarding the ticket price, because it seemed to me very high compared to lotto tickets in my country, which are less than one dollar. I first thought that the price of $5 might be normal in other countries, but you assured me that my conclusion was correct. Add to that the lack of clarity in the lotto system in place, and I do not expect the casino to enjoy a large turnout.
I can't find an explanation for this high ticket price other than that they are seeking to achieve the greatest amount of profit, even with a small number of users. Or they want to be treasury. Or the possibility that they want the treasurery to have a significant amount, even with a smaller number of users, in case someone wins.

[bitgame1]

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.

Your opinion confirms the validity of my idea regarding the ticket price, because it seemed to me very high compared to lotto tickets in my country, which are less than one dollar. I first thought that the price of $5 might be normal in other countries, but you assured me that my conclusion was correct. Add to that the lack of clarity in the lotto system in place, and I do not expect the casino to enjoy a large turnout.
I can't find an explanation for this high ticket price other than that they are seeking to achieve the greatest amount of profit, even with a small number of users. Or they want to be treasury. Or the possibility that they want the treasurery to have a significant amount, even with a smaller number of users, in case someone wins.

we have assumed that the lottery is a daily, and for a larger jackpot amount and overall prize pool, should set the cost slightly above the average cost.
But I must admit that you are right. in the near future, along with the changes in the algorithm, we will reduce the ticket price as well. now we are thinking whether to set it to 3$, 2$ or 1$.
Our profit comes from the total amount of tickets sold, so the cost per ticket does not affect our profit. We are thinking about how to make the lottery attractive for the users   

[panjul07]

We are thinking about how to make the lottery attractive for the users   

Hard task for you to do if you ask me because basically your game is just a raffle, unlike real lottery where players buy numbers and may get huge win just with small bet.
Raffle is not popular in this crypto gambling industry, the most popular raffle can be in those casinos with different system where players can earn the ticket by wagering.
I'll be surprised if you can survive for long time with your current raffle game only, no offenses, just saying based on what I see in this industry.

[Kavelj22]

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.

Your opinion confirms the validity of my idea regarding the ticket price, because it seemed to me very high compared to lotto tickets in my country, which are less than one dollar. I first thought that the price of $5 might be normal in other countries, but you assured me that my conclusion was correct. Add to that the lack of clarity in the lotto system in place, and I do not expect the casino to enjoy a large turnout.
I can't find an explanation for this high ticket price other than that they are seeking to achieve the greatest amount of profit, even with a small number of users. Or they want to be treasury. Or the possibility that they want the treasurery to have a significant amount, even with a smaller number of users, in case someone wins.

we have assumed that the lottery is a daily, and for a larger jackpot amount and overall prize pool, should set the cost slightly above the average cost.
But I must admit that you are right. in the near future, along with the changes in the algorithm, we will reduce the ticket price as well. now we are thinking whether to set it to 3$, 2$ or 1$.
Our profit comes from the total amount of tickets sold, so the cost per ticket does not affect our profit. We are thinking about how to make the lottery attractive for the users   

Attractive means that you must compete primarily with local lotto companies that provide a huge number of tickets at very low prices and are accessible to all segments of society, so there is no need to advertise them.
As long as your project is crypto-based, the niche is small, and therefore the best solution to reach a wide segment of users is to follow a carefully thought-out marketing strategy, which relies on an experienced advertising team.

Also, supporting more cryptocurrencies will help attract more users. I wish you good luck and I will follow this project in the coming period.

[bitgame1]

We are thinking about how to make the lottery attractive for the users   

Hard task for you to do if you ask me because basically your game is just a raffle, unlike real lottery where players buy numbers and may get huge win just with small bet.
Raffle is not popular in this crypto gambling industry, the most popular raffle can be in those casinos with different system where players can earn the ticket by wagering.
I'll be surprised if you can survive for long time with your current raffle game only, no offenses, just saying based on what I see in this industry.

Many people think casinos are too gambling and it is taboo for them to play in the Casino. While they can afford to play the lottery and do it with their families and even with their children.  Therefore, our main target audience is broader than the casino community. After the testing and innovations are completed, we will focus on this.

[Fivestar4everMVP]

First, let me start by welcome you to the bitcointalk forum, pleasure to have you and your service here.

@op, another user possibly must have suggested this to you, and just incase you haven't considered it, then maybe you really have to consider it, and that is, getting a copper membership badge which will allow you to post images while you wait to earn enough activity to be upgraded to the junior member rank, which is the rank that allow users post images without a copper membership badge.

I don't know, but I feel this thread will look better if the images you shared were displayed here, I feel very lazy this morning clicking those image links so as to see the information contained in them, and I believe it's not just me, there may be other people as well who may naturally no like clicking on links that leads them outside the forum except when visiting a casino,, so, please consider the above suggestion.

I am still yet to get to know how this works though, I will take a look into the mechanics in the lottery and see if it's something I can try.
Once again, welcome to the forum..

[Uhwuchukwu53]

Some users asked about how the winning tickets are drawn but you didn't answer it. You just explained how the prize pool is distributed among the winners. It's interesting to know how you pick the winners and how fair the lottery is.
I also noticed that multi-accounting is forbidden according to your T&C and I don't understand why! If a user can buy as many tickets as he wants, why can't he do it using multiple accounts?

I duely appreciated this question because it's already in my heart to ask because I know the most casino don't support multiple accounts,  my is what is the assurance where multiple ticket is obtain in the process can all received the required rewards and what if the IP is de same.

[Slow death]

We are thinking about how to make the lottery attractive for the users   

Hard task for you to do if you ask me because basically your game is just a raffle, unlike real lottery where players buy numbers and may get huge win just with small bet.
Raffle is not popular in this crypto gambling industry, the most popular raffle can be in those casinos with different system where players can earn the ticket by wagering.
I'll be surprised if you can survive for long time with your current raffle game only, no offenses, just saying based on what I see in this industry.

Many people think casinos are too gambling and it is taboo for them to play in the Casino. While they can afford to play the lottery and do it with their families and even with their children.  Therefore, our main target audience is broader than the casino community. After the testing and innovations are completed, we will focus on this.

as some members said and I'm just going to add a few things here. The reality is that lottery tickets in the real world are very easy to buy because the prices are very low and the tickets are sold in many places, so it is easier for people to leave their homes and go buy lottery tickets. than staying at home wondering how they are going to be able to buy cryptocurrencies and then buying a lottery ticket on a website that sells lotteries and accepts payment in cryptocurrencies. It's much more expensive for these people. Buying cryptocurrencies with a bank card is expensive, so no one will buy cryptocurrencies with a bank card and then buy the lottery with crypto on an online lottery site

which means that the online lottery site that accepts crypto as a deposit method will have to be dependent on customers who already have cryptocurrencies and who are very far from real-world lottery stores, something that is very difficult, because in the real world lottery companies Lotteries are in every corner of cities and neighborhoods, because they want to have the largest number of customers. Another very important point is that real-world lotteries have a very large prize, something that allows the lottery winner to become very rich, while online lottery prizes are not large, they are low values. So the question that I believe most people would ask is why would they spend a long time buying tickets on your website when the amount they would earn is not so high that they would become rich?

When most people spend years buying lottery tickets every day, it is because they have hope that the day they get it right they will become rich, and this is what gives them the hope of not giving up on buying lottery tickets. now on your website they won't have that hope, because on your website they won't make much money. This is why online lottery sites go bankrupt early because they have no customers. This is a business model that only makes a profit when it is executed in the real world

[dothebeats]

In order for your game to be a hit, you must market it thoroughly in order to gain a lot of players and raise the prize pool. If your prize threshold isn't met, you must also return the proceeds of the game and not push through with it since your players might not like playing into a prize pool that isn't what they asked for. Also, what edge does your lottery has against other competitors anyway? There are tons of these platforms around already and so far, none of them are bringing anything new to the table. Not being rude or a dick but people would rather play into government-run lotteries than online lotteries due to the difference in the possible jackpot prizes.

[bitgame1]

In order for your game to be a hit, you must market it thoroughly in order to gain a lot of players and raise the prize pool. If your prize threshold isn't met, you must also return the proceeds of the game and not push through with it since your players might not like playing into a prize pool that isn't what they asked for. Also, what edge does your lottery has against other competitors anyway? There are tons of these platforms around already and so far, none of them are bringing anything new to the table. Not being rude or a dick but people would rather play into government-run lotteries than online lotteries due to the difference in the possible jackpot prizes.

bitloto.org and state lotteries have different lottery logic. The odds of winning the Powerball and Mega Million jackpots are one in 292.2 million and one in 302.6 million, respectivel. at the same time, in https://bitloto.org/, users have a 10% chance to double their amount, and if they are lucky to take half of the prize pool or 10% of it. we distribute the total prize pool more among some users.

Our lottery is aimed at crypto users, especially during bear market, when the market is falling and the amount on accounts falls by several hundred dollars, you can risk 3$ and get back the lost funds.

[bitgame1]

Now, every day, at 17:30 GMT, ticket sales stop. the list of winners is ranked in random order. And for 30 minutes, every visitor to the site moves the winners list down one position. A small battle of the contestants, which brings some interactivity and proves that we don't fake the results. you can log in from two different gadgets and check how the system works.
We are waiting for you https://bitloto.org/ at 17:30 GMT.

[bitgame1]

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

The 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!

[joniboini]

And for 30 minutes, every visitor to the site moves the winners list down one position. A small battle of the contestants, which brings some interactivity and proves that we don't fake the results. you can log in from two different gadgets and check how the system works.

I'm unsure where I should view the list, is it the current lottery tickets tab? Or it is not yet live? How would you prevent people from spamming new website visits and how reliable is the UI? I'm discussing whether there is a lag between each visit and updating the winner. Not sure who would attack it as of now, but if the traffic increases wouldn't it be problematic if someone could DDOS your website easily? Correct me if I misunderstood something.