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Board Marketplace
Re: Got my BFL Single today and I'm raffling it away for 0.5BTC/ticket!
by
deepceleron
on 09/03/2012, 10:23:05 UTC
I guess I shouldn't point out that doing a mod of the number favours some first % of the shares by getting 1 extra chance at winning Smiley
Yep, enter early! It's like a 1-in-58,640,620 advantage for the first entrant vs the last entrant with 10,000 entries! (i.e., not significant; you reduce your odds of winning 10,000 times more than this by simply using someone else's referral when entering this contest; you increase your odds 10,000 times more by waiting, by having more information to determine optimal number of tickets to buy).

There is profit potential for either entrants or Matthew, I don't think a profit is guaranteed (unless this is a free evaluation unit that must be given away, etc); most raffles/auctions/lotteries that have been tried around here have few participants. This is one of the more significant; we know the organizer actually has the fabulous prize, the prize is rare, and the organizer has some reputation. It goes down in a week - if MNW flakes, we'll get 건달 on him...