I like the ICO so far, the only part that I question is the price to price to play vs the winning amount jackpot
Here is an example of what I mean;
Price per one True Flip lotto ticket is $2.75 or 0.001BTC Chances of winning 1 in 49,504,950 with a 39BTC Jackpot or $107,380.41
Price per one local store lotto ticket $1.00 Chances of winning 1 in 3,032,205 with a $500,000 Jackpot
Perhaps the Jackpot should be bigger to justify the cost of each ticket?
I was thinking the same thing, couldn't see any reason to use this lottery over a cash based lottery as the odds aren't any better here. It only benefits whales who can throw their btc at something, otherwise i'd rather use cash to win cash if the odds and price are the same.
I doubt real national lotterys are scams, small ones probably are though.