Anyone entering the bitcoin lottery?

Sabre0001

Lottoland has launched a bitcoin lottery...although only two of the prizes post out in BTC.

Prize Tier Odds Prize Payout EUR (subject to fluctuations)
Match 6 numbers 1 in 13,983,816 1000 BTC 14,266,000 EUR
Match 5 numbers 1 in 55,492 1 BTC 14,266 EUR
Match 4 numbers 1 in 1,033 50 EUR
Match 3 numbers 1 in 56.7 5 EUR
Match 2 numbers 1 in 7.6 1.50 EUR
Exchange rates correct as of 14th December 2017

Will I have to share my winnings?
The tier 1 prize (the 1000 BTC jackpot) will be shared equally between any-and-all bets that match the 6 numbers and the number of Bonoloto jackpot winners.
For example, if there are 2 Lottoland winners of the Bitcoin lotto and 2 winners of the Bonoloto jackpot, the 2 Lottoland winners would each win 250 BTC.
Winning bets from lower prize tiers do not share the corresponding prize amount; they will each win the prize payout in full.

Not much different to the regular lottery really. And you may be better served by saving up that 3.50 a week and dripping it slowly into bitcoin yourself...

https://www.lottoland.ie/bitcoinlotto

https://www.irishtimes.com/business/retail-and-services/bitcoin-lottery-launches-in-ireland-1.3331196?mode=amp

Blacktie.

1 in 14 million chance of winning and this "8. Lottoland reserves the right to amend or withdraw this product at any point for whatever reason. " in their terms and conditions. No thanks.

grindle

Good idea, but the €3.50 is per line - seems to be €21 minimum spend?

That seems like a price you'd set hoping to get the already crypto-rich involved rather than trying to get normies on the train.

Wheety

Bonoloto? :rolleyes: