Win a Lambo Round 9 concluded with a provably fair draw that crowned
User 13517688 as the lucky winner of the Lambo.
At the end of the Golden Ticket Contest,
User 13517688 proudly held 266,282 tickets, with a whopping 1,564,201 tickets in the pool.
Well, it's no surprise that this user became a winner, as he had 17% of the total number of gold tickets. Honestly, it's crazy that one user had more than 266k tickets because it also means that this user probably wagered about 1331 BTC to get that many tickets, or he just bought them for ~66 BTC. In that case, winning 7.44 BTC in the Lambo lottery is just a consolation prize for that user.
Haha, so that guy just called us poor in 1000 different languages. That’s crazy amount of money and I would literally never be able to wager that much money in next 10 years also. Until now I know one member who is holding nearly 1.8 BTC on their freebitcoin account and I thought he was the richest one but looking at the above calculation and users capacity to trade, man there are many riches out there. That guy alone is making most of the revenue to freebitcoin. This is just cream layer for him. Big congrats to that person. Also looking at the profile he might just option out for Lamborghini to be delivered at his doorstep.
So what’s the stuff about waiting for this particular block and how is it utilised to decide the winner anyways?
That's how they designed the provably fair lottery. They could use the hash of 10, 15, 20 or any number of blocks into the future.
For the lottery to be provably fair and the winning ticket to be chosen completely randomly, they use the hash of a block that will be mined in the future and is unknown when the tickets list is published as the client seed.
Ok now got little more idea than what I used to know about the lottery system. Well at least I got chance with 47k lottery ticket and increasing the number everyday with WOF and random purchases. Let’s see how it goes.