Bitcoin Forum
December 05, 2016, 08:41:53 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 10 BTC Jackpot  (Read 962 times)
dollartrader
Full Member
***
Offline Offline

Activity: 167



View Profile
April 14, 2012, 03:05:25 PM
 #1

One round at bitcoinduit has a 10BTC jackpot.  Check out http://bitcoinduit.com/rounds/27

Expires in less than 10 hours.. who is feeling lucky?
1480927313
Hero Member
*
Offline Offline

Posts: 1480927313

View Profile Personal Message (Offline)

Ignore
1480927313
Reply with quote  #2

1480927313
Report to moderator
1480927313
Hero Member
*
Offline Offline

Posts: 1480927313

View Profile Personal Message (Offline)

Ignore
1480927313
Reply with quote  #2

1480927313
Report to moderator
1480927313
Hero Member
*
Offline Offline

Posts: 1480927313

View Profile Personal Message (Offline)

Ignore
1480927313
Reply with quote  #2

1480927313
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480927313
Hero Member
*
Offline Offline

Posts: 1480927313

View Profile Personal Message (Offline)

Ignore
1480927313
Reply with quote  #2

1480927313
Report to moderator
1480927313
Hero Member
*
Offline Offline

Posts: 1480927313

View Profile Personal Message (Offline)

Ignore
1480927313
Reply with quote  #2

1480927313
Report to moderator
Justin00
Legendary
*
Offline Offline

Activity: 910


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 14, 2012, 03:55:48 PM
 #2

Are you able to explain how the site works please ?
not sure what its all about.. but i am intrigued =)

One round at bitcoinduit has a 10BTC jackpot.  Check out http://bitcoinduit.com/rounds/27

Expires in less than 10 hours.. who is feeling lucky?


edd
Donator
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 14, 2012, 04:16:28 PM
 #3

Are you able to explain how the site works please ?
not sure what its all about.. but i am intrigued =)

One round at bitcoinduit has a 10BTC jackpot.  Check out http://bitcoinduit.com/rounds/27

Expires in less than 10 hours.. who is feeling lucky?


I'll break it down using dollartrader's Round as an example:
Quote
Round info
ROI (%):  25 
Jackpot (%):  25 
Jackpot:  10.00 
Pot:  0.42 
Minimum:  1.00 
Maximum:  1.00 
Exp. (hrs):  9.74 
Decay (%):  5 

ROI (%) = Return On Investment, refers to the amount which will be deducted from your deposit, as well as the percentage of your deposit added to the amount sent to your payout address once all the previous entries have been paid and the Pot has enough funds. For example, if I deposit 1 BTC, 25% of it goes toward the Pot and if/when my turn comes to get paid, I'll receive 1.25 BTC

Jackpot (%) = Percentage of your deposit which goes toward the Jackpot.

Jackpot = Current winnings which the last depositor will receive if no one else deposits before time runs out.

Pot = What has been accumulated so far from depositors that will go toward paying out the next investor based on the order in which they deposited. To use my previous example, if every one before me has already been paid, I can expect to be paid once this amount reaches 1.25 BTC.

Minimum = Minimum deposit required.

Maximum = Maximum deposit allowed.

Exp. (hrs) = How much time is left before the game expires, unless another deposit is made, in which case the timer resets.

Decay (%) = Percentage of time cut off the timer with each deposit.

Still around.
Justin00
Legendary
*
Offline Offline

Activity: 910


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 17, 2012, 12:43:29 PM
 #4

thanks for that Smiley

Inau has been helping me aswell.
Played a few rounds, tis fun =)

Just one thing I dont get... if the jackpot ses like 0.28 for e.g (http://bitcoinduit.com/rounds/95)  how much would that be ?


edd
Donator
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 17, 2012, 03:01:22 PM
 #5

thanks for that Smiley

Inau has been helping me aswell.
Played a few rounds, tis fun =)

Just one thing I dont get... if the jackpot ses like 0.28 for e.g (http://bitcoinduit.com/rounds/95)  how much would that be ?

That jackpot is currently 0.28 BTC but 5% of each additional deposit will be added to it as the game progresses.

Still around.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!