it seems very similar to banscam, a banano gamble (fantastic crypto-meme) site

https://www.reddit.com/r/banano/comments/cgb1xp/banscamme_after_a_few_years/

this game basically increases the price of the bet (every ticket), if there are no bets (24h) the last one who bet wins a large prize

whoever bets first gets a % on subsequent bets

is nice, and banano is like doge (less value) is funny.. but with eth, I don't know if I would play