Post
Topic
Board Gambling discussion
Re: World's first Bitcoin lottery
by
firewa
on 13/03/2018, 03:43:32 UTC
Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Ireland’s best known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers, entrants – who aren’t limited to the Republic of Ireland – will be entered into a draw whose current jackpot stands at 1,025 BTC. More details on https://news.bitcoin.com/worlds-first-bitcoin-lottery-offering-1000-btc-bounty/
Who's the lucky one?

Honestly, I feel like any form of gambling is not really worth it. What if you end up tossing in something like 5$ in bitcoin into some form of gambling. What if bitcoin multiplies ten-fold in the next few years? That's a loss of 50$, assuming you don't win (which is the most probable outcome). I guess people get the rush of gambling when they buy into whatever form they prefer, but in the end, you're more likely to come out negative.
Yes, I think it's better to keep Bitcoin gambling than to continue to hold it. Maybe we'll find out later that the money you make from gambling might not be as good as continuing to hold and gain more. Moreover, bitcoin brings gambling, I think Too wasteful, this technology should not be used in these areas.