Post
Topic
Board Gambling
Re: bitcoin new $1000,000 jack[pot
by
CryptoJoshua
on 15/02/2018, 00:22:10 UTC
100,000 tickets @$20 = $2,000,000
1st prize: $1,000,000 2nd: $100,000 3rd:$25,000 and 75 others @ $1,000 each. Total prize $1,200,000 so you will take $800,000 from every draw?
You are also giving away free ticket, how if there are 100,000 people claim it? Will you do the draw while you will have to pay $1,200,000?
I guess that is where the "fund science" part come from. But nevertheless it is still a scheme where the participants won't get the majority of the money as the 800,000$ for science is really big number. And looking for the site's design is one of the big red flags out their as I don't get why it is lacking design when they are in the science and technology category they should have invested heavily on the site's design which they didn't. I am open too observing it but even if it's real the prizes are not sufficient for me.

I guess that is where the "fund science" part come from. But nevertheless it is still a scheme where the participants won't get the majority of the money as the 800,000$ for science is really big number.

Majority of the money is given out since $1,200,000 is the majority out of $2,000,000. Large lottery companies such as Power ball contribute much lower money in terms of percentage towards the final prize. Here is a section from a news article (people.howstuffworks.com/not-all-powerball-ticket-goes-jackpot.html):

"According to Kelly Cripe, director of media relations for the Texas Lottery Commission, precisely "34.0066 percent of each sales dollar is contributed to the jackpot.""


And looking for the site's design is one of the big red flags out their as I don't get why it is lacking design when they are in the science and technology category they should have invested heavily on the site's design which they didn't. I am open too observing it but even if it's real the prizes are not sufficient for me.

Yes, our site is still in progress and we are working on that.