Ninjastic
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Board Gambling discussion
Re: Question/Poll - Will you invest 0.01 BTC to win 100 BTC?
by
Betwrong
on 13/01/2018, 11:31:33 UTC
Quote from: Zackgeno96 on January 12, 2018, 02:59:30 PM
Quote from: BlockEye on January 12, 2018, 04:23:01 AM
Quote from: Shutup on January 11, 2018, 09:03:45 PM
Quote from: basu77 on January 10, 2018, 01:17:27 PM
Guys I'm working something, which I will definitely share with the community soon.

I've a very simple question to all traders and Bitcoin enthusiasts.

Would you be interested in taking part in a lottery where you can win 100 Bitcoins by investing 0.01 BTC?

Basic rules are as follows: Participation cost  0.01 BTC, 15,000 participants.. 1 winner gets 100 Bitcoins, 20 Runner up winners get 2 Bitcoins each.

I'm working on a similar concept - wanted some thoughts from you folks before I take it any further..

So will you invest 0.01 BTC to win 100 BTC? Yes or No and why...





Yes I will try all way how to get rich. Because l beleive that that there is a way for me too to be a part of bitcoin as a millionaire. I will search how to do it so that I will prove to be proud at bitcoin that one of this days leg a millionaire already to bitcoon
.All things are possible with God, He is my hope to get all this opportunity to be be rich. Thanks bitcoin you change my life.
It is possible through hardwork, many already proves that they are able to be a millionaire thru bitcoin but not in lottery way or in gambling, it's too much risky, having faith and believing while doing our works properly can help us to achieve it, a good and honest will do, we don't really need to go thru shortcuts, but if life will take us into it then be grateful.

It could be work but first you have to earn the trust of the community members. You can start with the small lottery like 1 or 5 btc, make proper payments to the winners, earn good reputation for your website and then slowly increase the winning amount and the required investment for the same. If you managed to pull out all the points then it could work. All the best.

Great advice and I suggest to OP to do like Zackgeno96 said. If your prize will be 1 BTC instead of 100 BTC you can decrease the ticket price from 0.01 to 0.0001 which looks much more reasonable and affordable. But you shouldn't expect profits from your activity during the first couple of months. Even if you lose some money you should pay to the winners. Even if the number of participants isn't complete for the lottery to be profitable, make it happen at your own expense. Thus you can get attention of gamblers to your site and maybe in the future it will become a profitable business. Best of luck!