Silk Road forums
Market => Product offers => Topic started by: SR LOTTO on March 09, 2012, 08:36 pm
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Hey SR
first off i think its gonna be kinda long so ill put a tl:dr at the bottom for those who want just a quick run down!! but without further ado
I am opening a SR Official Powerball type lottery game, I always see the lottery games around or raffle type games but the payouts are generally just ok, recently going through the forums I saw that someone had interest in someone opening a serious lotto type game with decent pay outs and having some BTC I would like to see where it can go,
the game will be played exactly like powerball
for 1 btc you choose 5 different numbers (1-56) and for 1.2 btc you choose 5 numbers (1-56)plus the sixth powerball number(1-35)
payouts will be both large and small
Powerball number = $5
1 + PB = $6
2 + PB = $7
3 = $7
3 + PB = $100
4 = $100
4 + PB = $500
5 = $1000
5 + PB = depending on volume of sales
Prizes will be subject to change depending on volume but I will not change anything without proper notification,
Obviously there will be issues of trust and whether or not I can payout the winning tickets, well I have a good number of bitcoins on reserve and id be willing to show a pic of that, as for trust obviously I wont be able to build that without time but ill leave a section in rumor mill to show people are getting their winnings,
Just want to see if there is interest in this
TLDR
1 . Selling lotto tickets
2 . buy them for 1 or 1.2 btc
3 . pick numbers
4 . profit :)
this is mostly an experiment to see how things go ill adjust the game accordingly depending on number of people, ive already got other games in mind if the response isnt big, but I see there is a market for it since alot of people say they have left over bitcoins they dont know what to do with, well give me a chance to turn your change into a chance of a month worths of drugs!!!! or a day for those who like to party :)
I am looking to start a legitimate lotto type establishment for SR let me know what you think all opinions matter good or bad
thanks
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Do you have a vendor account? and how would you randomize the numbers to ensure that you (or your friends) aren't the winners?
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I currently do not have a vendor account and was seeing what type of response i get here,
Thank you for responding btw!,
As for randomization of numbers I have numbered balls in the same mechanism someone would use for bingo one with numbers 1-56 in it and the other with 1-35, I can take pics or video if necessary to prove legitimacy, i have no intentions of stealing or rigging the game but obviously those are going to be the first type of questions that arise
I am not sure 100 percent how to prove it wouldnt be myself or someone i know but if you have any suggestion of that I would be happy to prove my intentions, I figured if i can show that I have a decent amount of BTC to prove I can pay out winnings and showing that I have purchased items to ensure random numbers it would be a good start
but as said before I dont think ill be able to really prove it until members of the community start winning and reporting that they have received their prizes, the btc reserves i have are fairly substantial and I feel there is a void of legitimate lottery based games so naturally I figured that if I can offer a real venue to play there is a place to profit as well as give big payouts to lucky individuals!
more reponse would be great Im eager to offer the service if the demand is there, 5 dollars for the chance of winning 1000!! or more if you play powerball, for the jackpot I was planning on scaling it with the amount of sales and stacking so that every week there isnt a jackpot winning it will be more and more as time passes
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Definitely do a video along with the lotto every time, it will bring you a LOT more players thus a lot bigger payout every time.
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any solution that had you picking the numbers would be thought suspect, even with a video. The only way to show real impartiality is to get the numbers selected elsewhere, couldn't you use the numbers that a real lottery uses, such as the uk lottery, then we could watch the numbers being drawn on telly :)
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what incentive do I have playing your game versus the real powerball?
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I guess the incentive would be to win some btc obviously you can play the real powerball as well but choosing one over the other is based on choice, If you have left over btc and would like the chance to win and get paid I can do that for you!!!! :)
I am looking to get an account soon but again am looking to gauge the interest, as for using UK numbers or US actual power ball numbers obviously that can be an option, I will do anything necessary to prove that the game isnt rigged and am open to suggestion, if there is demand for it I would be glad to see where it goes
thanks for the feedback everyone so far!
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This wouldn't work very well because the odds are against you.. because your number range is so varied, that means that anyone who buys a ticket will have a 1 in 120million odds of winning... and anyone who plays won't win for a very long time... 1 in 120million odds for only $1000.. i'm better off playing the real powerball
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Why not use the same numbers that powerball uses? Publish all numbers that have been picked before the powerball pickings (that would help alleviate some of the people that think its fixed) Yea, it would be a pain, but it would protect you and the buyers from fraud...
There are lots of ways a scammer could make this benefit himself. Once you show that its not rigged in any way, is when you will give buyers more confidence...
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what you do is take the numbers directly from a newspaper. you select like the New York times, and the winning numbers will be the cents of 6 stocks. so if its ATT $10.23 , MSFT $20.44 , APPL $15.88 , etc... the winning numbers are 23 , 44 , 88 , etc... thats the only way to be completely fair and have the numbers out of your control yet every can independently verify :)
edit: and really if you wanted 1000 to 1 odds you would only need someone to pick two numbers, 100 x 10, assuming you can pick the same number twice. The second number you would only take the 2 digit of the remainder since that has a little more variance.
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The problem with that is that numbers would fall outside of his dataset.. In your example, he can't use 88, because that is more than what the maximum number can be...
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If he's basing the whole lottery on and Powerball senerio I think using real Powerball numbers from either the US or the UK would help people think it is a legit lotto and not a bitcoin scam.
Since you are gauging interest, I am interested. I'd play if it doesn't look to scammy.