UPDATE :

ADDED THE 1/100 AND THE 1/1000, WIN UP TO 1 BTC:
Following the system as the 1/10, i have added the 1/100 and the 1/1000. Players can now win up to 1 Bitcoin !
As usual, any feedback would be appreciated. I will pay 1 ticket in the 1/10 to anyone giving me constructive feedback on the system, not the design.
I am going to focus again on polishing the design now.

Quote

UPDATE :

The 1/10 IS NOW INSTANT DRAW:
Once a ticket is paid for and confirmed once, The house gets the transaction ID.
Then, we wait for the next bitcoin block to be found by the network.
If the last number of the hash of the next block matches the last number of your transaction ID, you WIN !

UPDATE :

PROVABILITY : The system has been changed. It is now based on the next block hash to pick the winner. We need testers to try that system , read the last post to know how to participate.

UPDATE :

DESIGN : I have changed the design, i hope it looks better than the first one, gimme some feedback !

PROVABILITY : The 1/10 is now 100 % provable and fair. Here is how it goes : As soon as the 10th ticket is sold, the system gets the Transaction ID of that last ticket bought, and use the last integer of the TXID to pick the Ticket Number. It is displayed on the 1/10 page so everyone can verify it. Again, some feedback would be appreciated.

CONTENT : I have added the "Stats" page. The presentation is dull and plain, it is still a work in progress. As soon as i am fixed on what exactly i want to be in the page, i'll design it properly. Here again, if you think something is needed in that page, feel free to say it.

I am going to leave it like that for a little bit, see if i can get people to try it. But after multiple test, all systems seem to be working as intended. Good luck to those who try !

Hello everyone !

I am launching today : http://www.bit-lottery.com
It is a lottery based on the ticket purchased, instead of the time, here is the description :

How does this thing works ?!

The draws are based on how many tickets are bought.
As an example : You buy a ticket for the 1/10 draw, and as soon as 10 tickets are bought on the system, the server picks a winner randomly
Same goes for the 1/50 or 1/100 draws : A winner is picked by the system as soon as 50 tickets have been bought.

How much can i win ?!

You win the amount of tickets bought minus 1 ticket. So for the 1/10 draw, you will win the amount of 9 tickets : 0.009 bitcoins.
The amount is directly transferred to the bitcoin address you entered when you bought your ticket.

I guess it is just another scam ...

No. The server picks a random winner, based on the ticket ID. As soon as we have 10 tickets in the system, we pick a random number between 1 and 10, and pick the corresponding ticket ID.
We are currently working on a way to provide complete transparency on the random pick. We have multiple solutions, and are looking which one would work best without breaking the system.

Can i buy multiple tickets ?

There is no automatic solution for that yet, but yes you can : Enter your BTC address each and everytime. Do not send multiple time the same amount to the same address, we must have your entry registered in the database first, which happens when you click on the "checkout".

For how long will the website stay in "beta" ?

As long as necessary. We want to make sure we have complete transparency, in a system that works without any issues at all. We will open the 1/50 and 1/100 draws once we get out of beta.

UPDATE : I am looking for 10 different people ( or at least 10 different addresses ) to try the system, and give me some feedback. Also please comment and critics are welcome, i am looking at improving the site and whatever i may have missed. if you agree to test it, please post your btc address in this thread, so that we all know it is actually working. i will send the money back to the first 10 addresses who try the system.