[ANN] A Raffle that pays back 125% - Now even **** MORE **** fair

[elephantas1]

So ponzis with decreased chances to make profit are now called raffle . This is something good to know.

Ponzi = Invest Early/Higher Chance of return (i.e. First in / First Out)

Raffle = Random Draw

If you look at the example above, you would see that investor 2 & 5 would be among the losers.  That doesn't sound like first in first out to me?

well your game is on ponzi games domain maybe that fact confuses people

[lissandra]

ponzi or a raffle its the same thing if a third party doesnt hold it, which is what raffles do.

[stevetrac]

ponzi or a raffle its the same thing if a third party doesnt hold it, which is what raffles do.

i know of no raffle where a third party holds the money . i sell you a ticket i keep the money to pay the prize's

[redsn0w]

At the end everyone of us know that it is only a ponzi scheme , come on OP stop this BS.

[stevetrac]

At the end everyone of us know that it is only a ponzi scheme , come on OP stop this BS.

it's a ponzi of sorts but the loser's are not the last one's in and if you look at most others around 3 quarters lose out ,with this it's 30% .less than
playing the stupid dice games

[micromen]

let's see how this goes before we invest LOL 

[mmxca]

If I am understanding your point, the seed should be something that is not known until the last possible moment.  In my mind, any aspect(s) of transaction that "closes out" a round is the most appropriate source of that information.  In the case of an example transaction bef0e1c852ed343ea97f7df1f975427fb5e678e06d095b349aee45bf5f78213e, the block-height for that transaction is 341163.  Examining that block reveals that the hash of that block height 341163 is 00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da.  If we use that as the seed, the list of dissolved shares would be obtained from this URL:

https://www.random.org/integer-sets/?sets=1&num=30&min=1&max=100&seqnos=on&commas=on&sort=on&order=index&format=plain&rnd=id.00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da

Meaning the losing shares would be: 2, 5, 10, 13, 15, 17, 18, 19, 20, 21, 22, 28, 30, 34, 35, 37, 38, 44, 49, 50, 62, 63, 65, 68, 75, 78, 84, 93, 96, 97

So does anyone else concur that the method described here would presumably be more fair than the way it is set up now?

[shorena]

-snip-
First of all - let me just say "Kudos" on the entirely appropriate GOT reference.  The only comment I would have is that the converse is not necessary true, because he calls me a thief does not necessarily mean I am a thief.  But I take your point.

Dont get me wrong. I am not calling you a thief I am just addressing flaws I see in your system in the hopes that it improves.

-snip-
If I am understanding your point, the seed should be something that is not known until the last possible moment.  In my mind, any aspect(s) of transaction that "closes out" a round is the most appropriate source of that information.  In the case of an example transaction bef0e1c852ed343ea97f7df1f975427fb5e678e06d095b349aee45bf5f78213e, the block-height for that transaction is 341163.  Examining that block reveals that the hash of that block height 341163 is 00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da.  If we use that as the seed, the list of dissolved shares would be obtained from this URL:

https://www.random.org/integer-sets/?sets=1&num=30&min=1&max=100&seqnos=on&commas=on&sort=on&order=index&format=plain&rnd=id.00000000000000001263e943cd24eece8657811c1613912fa63f8c103e6f59da

Meaning the losing shares would be: 2, 5, 10, 13, 15, 17, 18, 19, 20, 21, 22, 28, 30, 34, 35, 37, 38, 44, 49, 50, 62, 63, 65, 68, 75, 78, 84, 93, 96, 97

Would that make it more palatable?

Certainly yes. It would remove a chance for you to get a peek at the results in advance and it would make cheating very costly. Its technically possible for someone with a mining pool to attack the game and withhold the last transaction(s) until an acceptable block is found. But I doubt any pool would rather attack your game than get the 25 BTC reward for publishing a valid block

[mmxca]

Would that make it more palatable?

Certainly yes. It would remove a chance for you to get a peek at the results in advance and it would make cheating very costly. Its technically possible for someone with a mining pool to attack the game and withhold the last transaction(s) until an acceptable block is found. But I doubt any pool would rather attack your game than get the 25 BTC reward for publishing a valid block

So now the question becomes, there is a single transaction of 5 shares sitting there on the site.  Because it is so early in the game, does it matter if change the way the site works since there is no true impact to anyone?  Or do I refund the 0.0125BTC and (reallizing this would cost him transaction fees to reinvest if he desires) he can reinvest if he desires?

[mmxca]

I have implemented the significant change that we have been discussing all afternoon.  The seed for the random list of shares to dissolve is now derived from the hash of the block of the last transaction in the round.

I have also implemented a live online chat system.

This is a significant change in the way that the winners and losers are chosen, but because it will not significantly impact the odds of winning for the player who purchased 5 shares when the game began, we are proceeding with the game as it stands, just not using the originally selected hash.  We will use the new method to determine the list of insolvent shares.

[sellmybit]

Nice

[mmxca]

Nice

Hopefully this will quell some concerns that this is a scam.  I look forward to people actually playing the game instead of tearing it down!

[stevetrac]

well the first 3 rounds worked perfectly for me and i've received payment , so will keep playing . once more volume joins in it will be perfect.

to the op for some reason i cannot seem to send a private message for the last couple of days , keeps coming up error not available .will try again tomorrow

[mmxca]

Starting to see more traffic and more share purchases.  About halfway through round 4 at this point.  Looking forward to the next round of payouts!

I have added some features, as noted in the OP.  The list of shares now gets updated via AJAX.  I am also in the process of adding a "Unconfirmed" transactions section to the home page.

[stevetrac]

people play all the doubler sites and get stung but will not take part in a open honest game , you are all mad or is it just greedy

[coinhugger]

Interesting site, i played and got paid out. It's fully automated and the game doesn't collapse like other ponzis do. It's a straight up raffle, where 70% of the tickets (shares) get paid with profit!

Do something fun with your BTC and give it go.    www.theponzigames.com

[mmxca]

The "raffle" at www.theponzigames.com has been closed down due to lack of interest.

All active tickets at the time of shutdown were paid back.

https://blockchain.info/tx/3045c36145a52590e9531b5e0ece7999e7f99dbbd04ff5ec50133742efee1ba5

At the time of closure, there were 54 (of 100) tickets active.

Code:

+---------+--------+------------------------------------------------------------------+---------------------+------------------------------------+
| game_id | square | txid                                                             | timestamp           | coin_address                       |
+---------+--------+------------------------------------------------------------------+---------------------+------------------------------------+
|       4 |      1 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |      2 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |      3 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |      4 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |      5 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
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|       4 |      7 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |      8 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
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|       4 |     11 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
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|       4 |     16 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |     17 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |     18 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |     19 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |     20 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |     21 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |     22 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
|       4 |     23 | 611c28d3606ef3d3ad390e12946c932e0e8452e7efb7d9bf62bc1037a5bf17b7 | 2015-02-04 17:11:19 | 1LAs458LSenAUHwDgeYhHwMCgD91sVKAEC |
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|       4 |     27 | 742603ce789718b7a85b373e0c4b35308b611bc2892653314f5d97400be3399c | 2015-02-04 23:32:12 | 1M7tcev61F47ezjdNosP39YUXfurDBy6GF |
|       4 |     28 | 742603ce789718b7a85b373e0c4b35308b611bc2892653314f5d97400be3399c | 2015-02-04 23:32:12 | 1M7tcev61F47ezjdNosP39YUXfurDBy6GF |
|       4 |     29 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
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|       4 |     31 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     32 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     33 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     34 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     35 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     36 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     37 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     38 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     39 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     40 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     41 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     42 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     43 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     44 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     45 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     46 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     47 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     48 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     49 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     50 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     51 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     52 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     53 | 654f762816b0b67b2e86149c5979543ff48413e0f3662e4be2d01de45bc2c311 | 2015-02-05 00:10:28 | 12L8L9NYhMWs6BMrgwSsZpfJJUsr2rJeZ4 |
|       4 |     54 | 35496f0ed3b47935fe54936731d5fcbce275f9fcd4d8caad0eda4c28c1ed25f3 | 2015-02-14 22:23:00 | 13HuVWwcED654EqXDbtpXRXPMwerUrddsB |
+---------+--------+------------------------------------------------------------------+---------------------+------------------------------------+

Stay tuned for the the pheonix to RISE AGAIN!