/biz/ - Business & Finance

Alright /biz/ I have a money making scheme for myself and at least a few of you. I was kind of inspired by the twitter scam, if this sounds familiar, but my intention is to create a legit daily lottery on /biz/.


I'll be seeding this thing up front with $10. The rules are simple. Roll, and the first person with dubs gets double back whatever in BTC that they send to this address

3AN2JbcdxXBJjaVWtx7X3hRq6UMLWsJ1YC

Rules.

1. No two bets can be repeated. As little as a penny's difference is fine. This is a precaution to ensure I can verify exactly which anon sent which order
2. Your bet's potential winnings (remember 2X) cannot exceed what is in the pool, which today is only 10 dollars. (So I guess today's maximum bet is $5) So if you send me $6 when the day's cap is $10, I'm just keeping your money and adding it to the pool, whether or not you rolled dubs.

3. I keep 10 percent of your winnings and migrate what everyone added to the pool to the next day, thus increasing the earnings cap.

4. You can roll as many times as you want and there is no minimum bet.

5. As the pot grows, I don't expect your bets to get larger, but I will gradually increase the number of people who can win in a day. Maybe we can pick a winner for every 10 dollars in the pot.

6. Again. There is no minimum bet.
In theory, the daily pool can be high or low depending on how it went the previous day. Remember. I'm taking 10 percent of your winnings, so I am motivated to keep this going, to keep it legit, and to keep growing the pot.

This is just an idea I had while making coffee this morning. Feel free to offer any constructive criticism or point out any flaws in the structure of what I am attempting here. I am encouraging low bets, not only to avoid losing money on the first day, but to kind of emphasize that this is largely for fun.

With that, Let's begin.