Introducing: The Amazing Anonymous Bitcoin Lottery

[FreeMoney]

Okay, apparently I forgot that I made two accounts 

I really didn't think so, but my account is empty and there seems to be no record of bets, but I did get coins sent to the addy. I'm confused.

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[nelisky]

Good people of the bitcoin world, I'll be moving taabl across servers either today or tomorrow, so don't be alarmed if it goes out for a while. It is for everyone's benefit

And if you are itching to bet, why dont you [shameless plug mode] try your luck or skillz at bitcoinsportsbook.com?[/shameless plug mode]

[S3052]

this TAABL is so great.

Congrats to the creator!

Since I just had 1 single bitcoin in my wallet, would anyone donate  a few so that i continue betting?

[nelisky]

I have updated taabl to support login usernames. If you don't have one, you can add it in the account page. This means that if you had a password set up you'll need to enter it to log in, so if you forgot it PM me and I'll clear it out, so you can log in and set a new one.

Hope this helps making the site more user friendly. Best of luck to all, prizes are accumulating very nicely! Getting more interesting every day.

[S3052]

great. thanks

this is perfect!

[mpkomara]

Consider this-- bitcoin generation (the classic kind) is a lottery of sorts where the price of the ticket is the fixed cost of the hardware and software plus the electricity to generate X khash/sec.  Currently this price is measured in dollars and the winner of the "lottery" is rewarded in 50 bitcoins.

I know it's not in the spirit of bitcoinery (?), but what about designing a real lottery similar to TAABL where tickets are bought using dollars and the winner of the lottery is rewarded in bitcoins?  

If I'm thinking about this correctly, if you designed the rules of the jackpot correctly, the price of tickets for a 50 BTC payout should converge toward the cost of generating a block minus the edge paid to the house.

[nelisky]

Consider this-- bitcoin generation is a lottery of sorts where the price of the ticket is the fixed cost of the hardware and software plus the electricity to generate X khash/sec.  Currently this price is measured in dollars and the winner of the "lottery" is rewarded in 50 bitcoins.  I know it's not in the spirit of bitcoinery (?), but what about designing a lottery similar to TAABL where tickets are bought using dollars and the winner of the lottery is rewarded in bitcoins? 

If I'm thinking about this correctly, if you designed the rules of the jackpot correctly, the price of tickets for a 50 BTC payout should converge toward the cost of generating a block minus the edge paid to the house.

I don't get it. So people would buy in to collect the 50 BTCs from each generated block by the "lottery" site? If not, where would the 50 BTCs come from? One of the features inherent to taabl, as I designed it, is to become as insulated from "money" as possible. It deals with bitcoins, and nothing else, because otherwise we are talking about a full blown gambling site subject to whatever laws and regulations exist, and that is one mess I do not want to get into

[mpkomara]

i appreciate your unwillingness to step into that pile of legal dogpoo.  i love the TAABL as it is.  i'm just looking for a market solution to the answer "how many dollars does it cost to generate a bitcoin?" and i think the type of lottery i'm describing would answer it.

the host of the lottery i'm suggesting would offer, say, 1,000 of his own BTC.  doesn't matter where the host got it from.  he's just the host.  tickets would be sold in dollars to willing customers.  the host could even require that a minimum number of tickets, or revenue in USD for that matter, be generated before continuing with the lottery.

[Anonymous]

i appreciate your unwillingness to step into that pile of legal dogpoo.  i love the TAABL as it is.  i'm just looking for a market solution to the answer "how many dollars does it cost to generate a bitcoin?" and i think the type of lottery i'm describing would answer it.

the host of the lottery i'm suggesting would offer, say, 1,000 of his own BTC.  doesn't matter where the host got it from.  he's just the host.  tickets would be sold in dollars to willing customers.  the host could even require that a minimum number of tickets, or revenue in USD for that matter, be generated before continuing with the lottery.

That's an interesting idea.... Do they have extradition to the US where you live? 

[nelisky]

Dear betting friends,

The last draw had no winners, second time that happens. And the side pot is larger than the average pot now so, time for a guaranteed jackpot? What this means is:
- All the prizes, including 1st prize, are merged down if they have no winners, nothing gets moved to the next draw.
- Side pot is emptied and added to the pot of the next draw.

You guys up for it? I was thinking the running draw would be a jackpot (that's for block 85500), but can also do for 86000 if you want time to collect all the bitcoins you can get to bet

[nelisky]

No opinions whatsoever? Then it's settled, only for block 86000 instead. Let me put this clearly:

The draw for block 86000 will be paying the full pot to whatever prizes are awarded. No first prize rollover on this one.

Also note that

The next draw, for block 86500, will get primed with the side pot, at 408.11, but that one will be running under the common rules of first prize rollover.

This, assuming the never tested in production rollover prevention and side pot priming code is working as it should

[FreeMoney]

Cool.

[nightrow]

Cool, i'm in again this time

Would be nice on your site to have a little chiffred example of what is a pick 3, pick 5, etc, and how are gain redistributed.

Something like the first post of this tread, but don't know if the mentionned values are still up to date (didn't read all the posts)

[nelisky]

Cool, i'm in again this time

Would be nice on your site to have a little chiffred example of what is a pick 3, pick 5, etc, and how are gain redistributed.

Something like the first post of this tread, but don't know if the mentionned values are still up to date (didn't read all the posts)

It is all a question of time... values have changed through time, but every time they changed a post was made, and for now you'll just have to parse the whole thread

But I'm confused; bitpicks are winner takes all, as explained in the instructions page. You mean the lottery draws, right?

[nelisky]

Just a quick note to say that The pick6 has been awarded to whomever had a bet on b1be69 with a total pot of 2250 BTC.

That's US$216 on mtgox, but who cares about non p2p currencies, anyway?

[FreeMoney]

Resolved! Thanks Nelisky.

[nelisky]

URGENT

NELISKY! I made mistakes! Canyou cancel my bets. I bet the same endings over and over!

I can try and help, but I need more details.

PM me your bcin, at least, and tell me if you mean the lottery or some bitpick

[nelisky]

What happened to this site?

It was turned off. Lack of time to fix some bugs, lack of time to secure it properly so I would sleep easy if someone would transfer serious bitcoins into the system and general lack of user interest.

It had its prime, was a lot of fun, I have plans to bring it back...

[olamidey]

For lottery, I've been trying different projects and possibilities even on the blockchain technology. If recent, my attention has been shifted to Gexan and it's looks like everything is fallen in place. Make some couple of bucks and I think I'll stick with them. Got any better, let's discuss