Quote from: pezdspense on July 08, 2020, 07:29:49 PM

Quote from: ethereumhunter on July 08, 2020, 12:58:56 PM

The suggestion for you will be maybe you can lower the bet because if you use $10 for one bet, that will be too big for people.

Good point, thank you.
But let me do the math.
Lets say out of each bet $10 we distribute:
1. Jackpot winner - at least 50% or more.
2. Secondary winners - 20% or more.
3. Network, (mining fees, gas price) - 10%.
4. What is left goes to organizers.

So not much left.

If one bet is equal $10, I think that will only give a chance to people who have a lot of money because as a small gambler, I don't have any choice to place that bet. Did you already try freebitco.in and buy the ticket for playing the lottery? In that site, you only need to use 1 satoshi to buy 1 ticket so that you can buy a lot of ticket with $10 Grin

But nevermind, you can still use $10, I only suggest to you Grin

Btw, I am not good in math.

If we calculate, if 100 players buy the ticket for $10, there will be $1,000. Let say the first winner gets $500, and the second winner gets $250, the network fee is about $50. So the organizers will have $200. That is not small money for 1 round Grin

Quote from: peter0425 on Today at 05:12:07 AM

Quote from: pezdspense on July 06, 2020, 11:07:20 PM

Hi everyone,

I know you have a lot of projects popping out here every day.
I am not much into gambling, but someone asked me to do some research on a blockchain-based lottery project and I would like to get some advice.

Sorry but what is the connection about the Lottery in topic and massive daily jackpot?lol jackpot cannot be even win in a year sometimes so there is no such thing like that mate sorry to say that.

and why only lottery?don't you wanna try poker and dice game?

Maybe he sees a few gambling websites which have the lottery gambling games in their site, so he decides to create the lottery games, but with a different idea.