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Author Topic: Lottery Discussion  (Read 1043 times)
Thekool1s (OP)
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August 01, 2014, 11:22:56 AM
 #1

In what type of lottery will you participate guys? I am planing to build a lottery website. I have come up with some rules

1st prize 5$
2nd prize 2.5$
3rd prize 2$

Ticket will cost 1$ and once 10 tickets are sold a draw will be held by the system. The same model could be applied for expensive tickets like 5$, 10$ Can this website get success. What do you prefer as i need your opinion urgently on this matter to make a deal.

any website creators are also welcome. I have a budget of 300$ will this be enough?
I want the site to have BTC and some other Cryptocurrenies.
Baitty
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August 01, 2014, 11:26:37 AM
 #2

You would need a system which proves you are picking it at random and place money in escrow.

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kevindurant
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August 01, 2014, 11:34:46 AM
 #3

It must be provably fair.

Thekool1s (OP)
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August 01, 2014, 11:35:06 AM
 #4

You would need a system which proves you are picking it at random and place money in escrow.

i am building a official website not escrow stuff. i will ask my builder to put Provable fair too. Anything else?
SOAD
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August 01, 2014, 11:58:49 AM
 #5

This should be in gambling. Isnt there already sites like this? I think its harder than you might imagine to set up a safe and transparent system and also to get people to use it.

nope491
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August 01, 2014, 12:03:38 PM
 #6

You should check the millions of lottery websites that exist and ask yourself: can I do something different, can I add some exiting feature?

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Thekool1s (OP)
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August 01, 2014, 12:05:38 PM
 #7

You should check the millions of lottery websites that exist and ask yourself: can I do something different, can I add some exiting feature?

Bitcoin lottery like this please name them.
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August 01, 2014, 12:14:13 PM
 #8

Check out my ideas about the SuperSatoshi lottery:
https://bitcointalk.org/index.php?topic=431085.0

{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 } Satoshi did use a friend class in C++ and put a comment on the code saying: "This is why people hate C++".
gelar24
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August 01, 2014, 12:50:12 PM
 #9

In what type of lottery will you participate guys? I am planing to build a lottery website. I have come up with some rules

1st prize 5$
2nd prize 2.5$
3rd prize 2$

Ticket will cost 1$ and once 10 tickets are sold a draw will be held by the system. The same model could be applied for expensive tickets like 5$, 10$ Can this website get success. What do you prefer as i need your opinion urgently on this matter to make a deal.

any website creators are also welcome. I have a budget of 300$ will this be enough?
I want the site to have BTC and some other Cryptocurrenies.

I guess not enough with just $ 300, need substantial capital to build a gambling website.
yes start of the campaign and give giveaway and others
yes it is in my opinion Smiley
Puberty
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August 01, 2014, 01:47:42 PM
 #10

Drawbtc.com has a lottery draw. I never tried it myself but you might want to check them out.

[̲̅$̲̅(̲̅2̲̅0̲̅0̲̅)̲̅$̲̅]  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  [̲̅$̲̅(̲̅2̲̅0̲̅0̲̅)̲̅$̲̅]
[̲̅$̲̅(̲̅2̲̅0̲̅0̲̅)̲̅$̲̅]  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  [̲̅$̲̅(̲̅2̲̅0̲̅0̲̅)̲̅$̲̅]
jjc326
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August 01, 2014, 02:08:16 PM
 #11

I've seen a lot of these in the gambling section as well - yes a Bitcoin lottery.  A big problem is getting people to trust you and play, and then for them to keep playing you need to make it provably fair, and also make clear that you don't have shills playing the games for you.  Warning, I've seen many people think their idea is so wonderful but it doesn't work out.
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August 01, 2014, 03:18:43 PM
 #12

You should check the millions of lottery websites that exist and ask yourself: can I do something different, can I add some exiting feature?

I'm going to go out on a limb and say there isn't a million bitcoin lottery systems on the Web.

Puberty
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August 01, 2014, 03:46:16 PM
 #13

You should check the millions of lottery websites that exist and ask yourself: can I do something different, can I add some exiting feature?

I'm going to go out on a limb and say there isn't a million bitcoin lottery systems on the Web.

I think it was a hyperbole. There are probably less than 100 out there but even that is still a fairly decent number.

[̲̅$̲̅(̲̅2̲̅0̲̅0̲̅)̲̅$̲̅]  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  [̲̅$̲̅(̲̅2̲̅0̲̅0̲̅)̲̅$̲̅]
[̲̅$̲̅(̲̅2̲̅0̲̅0̲̅)̲̅$̲̅]  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  ★★★★★  [̲̅$̲̅(̲̅2̲̅0̲̅0̲̅)̲̅$̲̅]
Thekool1s (OP)
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August 01, 2014, 04:37:13 PM
 #14

Plus none of them are as i mentioned. All have different type of lottery system my is unique you have 3/10 Chance of wining you can win 1st prize 2nd prize or the 3rd prize. This Discussion isn't over  Grin
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August 01, 2014, 05:50:08 PM
 #15

IMHO $300 is not enough
Thekool1s (OP)
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August 01, 2014, 06:36:42 PM
 #16

IMHO $300 is not enough

don't you think 300$ are enough for making a website? The rest will be self sustaining as it will be player vs player type of lottery. and the site will charge a small fee while withdrawing thats it nothing more. I have got a person who may make this in 300$.
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