I'm thinking of starting a lottery (another chance to win SBD). My daily contest is funded by me so it is limited in prize money. But a lottery could grow much bigger if people are willing to enter. I've been reading past lotteries that have been posted on Steemit. Some have done ok but most haven't gained much traction. So before I start this I'd like to see how much interest there is.
The lottery would be 95% of the winning paid out as prize money (5% to cover costs).
I'm thinking an entry of 0.1 SBD could yield a decent size pot and allow most people to enter. Right now there are over 300 plus entering my daily contest so a lottery might have enough traction to get pretty big.
How it would work
People would transfer 0.1 SBD to me and then I would tally up the entrie's for the day and randomly pick a winner. Pretty much the same way I'm doing the daily contest. I would automate this with a python script to make sure it is fair (get's all the entries, does the math, ensure random selection, etc)
Here is an idea of the pay out:
100 would be 9.5 SBD
200 would be 19.00 SBD
300 would be 28.5 SBD
400 would be 38 SBD
500 would be 47.5 SBD
So let me know your thoughts?
Will try it soon... maybe 3 types a week.
I don't think so if you will get all the 300 participants on your Daily SBD giveaway.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We have upvoted your post with 100% vote weight for $0.32. Thank you for participating with @betgames, visit us to win more upvotes and SBD!
Regards,
@betgames
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it would be great. Especially for newbies like me
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
no saya sulit sekali dengan itu..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It would be great.We are very excited to join a game like this.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good idea.
I know among 100 people even if 99 are rewarded the left over one would be none other than me- my good luck is still not too bad.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It could be very interesting as an idea.
Considering the participation you normally have and the increase in SBD that you would give away could be a great success. You have my full support.
The price is not even excessive and even a minnow could get there.
It would be very interesting if you also open a discord channel and the new users who register receive 1 free ticket. This way you could increase your audience and create a bunnypuncher community.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is a super good idea.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@bunnypuncher yes definitely go for it.. it will be like fun also and with fun we will be also making money with luck also..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Worth a try to see how well it goes. may find it does.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What is a race?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Let's get going,am thinking it would be fine
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm wondering if it would be illegal depending on where you live.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is a very good point. I'm reading up on it and it seem there are some issues with calling it a lottery.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah @bunnypuncher Be careful.. all of us want you to be safe with your contests.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @bunnypuncher, How to play this lottery ,,?
I want to join ...
You really work hard to help the glory of steemit users ..😊
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
To be honest, I'm not quite sure if 300 people participate in the current lottery, with nothing to lose, it would seem that they would participate much less if they had to pay. On the other hand, there are currently several prizes, and in the lottery that you are considering is only 1, even if the amount is higher, there is less chance of winning.
Likewise, the only way to know is to test it. If you don't raise enough money in your current lottery to pay the prizes, it's worth a try.
Greetings.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lets do it o/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It sounds great!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why not? It would be great , till now I haven't come across good lottery in steemit . This seems awesome and since you already have a good userbase it will be fun for users too .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it´s an awesome idea!
0.1 SBD is a good starting point to test it, I´m down for it :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it's a good idea, and I want to try to get into the entry. thanks @bunnypuncher
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received upvote from @tipU :) | Voting service guide | For investors | Claiming Byteball Airdrop Guide.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think its good lotery. I am in. When will you start?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I say give it a shot a see how it plays out with a few drawings and decide from there. Good luck and thanks for the dailies.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The potential ROI is promising, I think you will have a lot of entries. You can count with me most of the times, for sure! (risking 0.1 to win 20+).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The idea is good but risky, more for people who do not like to lose, it would be quite frustrating.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I do not understand how to play in this lottery, because I've only ever seen a lottery contest by telling us to guess a certain number ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Have fun..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
excellent thanks for these contest and opportunities, greetings.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That would be a great idea. 0.1sbd is not bad for registration but big rewards will be waiting.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
YOU CAN DO IT!!! I think it's a great idea!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @bunnypuncher! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Your post was the most commented on one day
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
To support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Play-off for third result
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
smart idea...continue
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @bunnypuncher! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Award for the total payout received
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Play-off for third result
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Not a bad one
Ready for this
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good, interesting if you print first I sure will succeed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Maybe there should be a trial first for this contest but that may be a lot of devotees
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good idea for you..😊
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is a good idea
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I will be exicted to be part of it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A daily submission of 0.1 SBD is a little pricey for me, however, I would still enter this raffle a 2-3 times a week. Gambling is fun! lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
would start with 0.1SBD and earn how much? to know ..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It seems like a good idea, you should give it a try
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit