Post
Topic
Board Gambling
Re: Play Simple FOMO, an ETH-based lottery where the last player to enter wins all.
by
Zicadis
on 03/11/2019, 21:27:20 UTC
Op, please address the quoted point, because it seems accurate and disturbing. The idea of a game where the last person to enter wins does not seem bad, but all of these time extensions are making it confusing. Some people said that it's obviously a scam where you can be the last one to enter, stop the game and win everything, but if the stopping time is decided automatically, I suppose this is not the case. But what about people throwing in money multiple times using their bots? How would you deal with this issue? And also, why not simplify the game? For instance, make it a game where the last person is an n-th participant where n is a random number within a certain reasonable range (between 1 and 30, perhaps? You can reduce the prize, of course) and n cannot be viewed until the game is over but can be verified afterward. I am not good with the technicalities and perhaps this is a bad idea, but it's just a thought about improving the game.
The whales who have bots will win then. It's now a battle of how much they are willing to put in, or how much the hot wallet of their bot has, as near the end, it will be one whale bot after another whale bot who fights to be the last player. You'll also see some bots doing multiple transactions one after the other just to try to be sure they are the last one in, as I'm guessing the winner is still determined by successful transactions included in the final block.

Honestly in my opinion this type of game would not be one I'd be playing and I'm sure this affirms with most players. The main reason being that one can't develop a strategy without being close to/ absolutely broke by the end of it trying to go in to ensure last placement in the game. I suppose if the timing was stochastic then some people would enjoy the thrill of it but not me. Anyways, I'm not saying the idea is completely rubbish but its worth assessing the market figures to see the numbers of your potential customers Wink