CB2Bank Progressive Lotto! Jackpot starts at $110,000! $1,000 per tick (in Contests)


Bubo [DTC of Bubo] May 2 2005 8:47 AM EDT

Progressive Lotto!

Starting Jackpot: $110,000!

Next Drawing: May 7, 2005


Last weeks winning numbers were: 8-25-26-27-39 BB 13


CB2Bank is starting a new weekly lottery based off of Lotto Texas, and is easy to play. The Jackpot is constantly growing as each fee is added to the current Jackpot. Multiple people can choose the same numbers, so do not worry about someone taking your lucky numbers before you. Take a chance at the progressive jackpot with your $1,000 CB2$ ticket today!

To Play:


1. Choose 5 numbers between 1 and 44. These numbers cannot repeat each other.

2. Choose 1 bonus number between 1 and 44. This can be the same as a number chosen in step 1.

3. Send $1,000 to CB2Credit. (You can send one payment if purchasing multiple tickets.)

4. Post your number set to this thread like this "1,2,3,4,5 BB 1". (You can put multiple sets in your post if purchasing multiple tickets.) At 9:12PM CST (usually 8:12PM Server Time) on Saturday, we will no longer accept numbers for the current drawing.

5. Every Saturday after 10:12PM CST (usually 9:12PM Server Time), check http://www.txlottery.org/ for the winning numbers! (We are only using Saturday's drawing in this contest.)

6. A new thread will be started every Sunday for the new weekly drawing!

How to Win:


Match 3 numbers: 10% of the Jackpot will be split between all tickets that match 3 of the 5 numbers!


Match 4 numbers: 40% of the remaining Jackpot will be split between all tickets that match 4 of the 5 numbers!

Match 5 numbers but not the bonus ball: 75% of the remaining Jackpot will be split between all tickets that match all 5 numbers but do not match the bonus ball!

Match 5 numbers and the bonus ball: 90% of the remaining Jackpot will be split between all tickets that match all 5 numbers and the bonus ball!

All remaining Jackpot money will be rolled into the next week's Progressive Lotto Jackpot!

FAQ


1. How many tickets can I buy each week?
You can buy as many tickets as you can afford. Each ticket is $1,000 CB2$.

2. Can I use the same numbers that someone else uses?
Yes. Any number of players can use the same number combination.

3. Can I pre-pay for the same numbers for multiple weeks?
No. It would be difficult to keep track of who has how many weeks left on their numbers, and how much of each purchase would go into which Jackpot. If there is sufficient interest in this, we may implement it in the future.

4. Why can I not purchase numbers for the current drawing after 9:12PM on Saturday? The drawing will not happen until 10:12PM!
This is to ensure that no one attempts to purchase numbers after the drawing is held. We decided on an hour buffer to prevent disputes regarding the timing of a ticket purchase.

5. What happens if no one wins any of the prizes?
Any portion of the Jackpot left each week will roll into the following weeks Jackpot. The term Progressive indicates that the Jackpot will keep growing until a player wins.

6. Why do the 5 number wins say "Remaining Jackpot"?
In the event of multiple winners winning different levels of the Jackpot, we will pay the smallest prizes first. The rest of the prizes are paid out of the remains of the Jackpot after the smaller prizes are awarded. This is to ensure that the prize amounts do not exceed the Jackpot amount.

7. Why are there no 100% winners of the Jackpot? Doesn't that break the rules of the Contest forum?
We want this Lotto to keep going for a long time. To ensure this, we have designed the prizes to never exceed the Jackpot. No one is interested in a zero dollar Jackpot, so we have also designed the prizes so that a part of the current Jackpot will always roll over into the new Jackpot. This does not break the rules of the Contest forum because we are not profiting from this activity, we are only ensuring that each week has a Jackpot! For those who are still worried, if we ever decide to stop this Lotto, we will hold a final contest designed to award out 100% of any remaining money.

8. Why did my 3 ball prize end up less than $1,000? That's not even the value of an entry fee!
The odds of a 3 ball win are 1:150, and that means it is likely for many people to win with 3 balls each week. If the Jackpot is low and multiple people win 3 balls each week, then it is possible for the 3 ball prize to be less than the entry fee.

9. How do we know that you won't short change the Jackpot or winning percentages and pocket the extra money?
All incoming fees can be seen by viewing the Lotto threads, and all outgoing prizes will be posted in the Lotto threads. We invite you to review the numbers yourself. There may be occasions where we make a mistake (we are only human), and would be grateful to anyone who would be kind enough to point out our mistake!

10. What happens if this contest series ends before all of the Jackpot money is paid out?
If this contest is brought to a final conclusion, then a final contest will be held to distribute all remaining Jackpot money. If a final contest cannot be held, then the money will be sent to TourneyPrizes per the Contest Forum rules (Central Bank if TourneyPrizes is not available).We would like to stress that every attempt will be made to hold a final contest to distribute all Jackpot money. Central Bank is only an option if circumstances render it impossible to hold a final contest.

11. What are the actual odds of winning?
5 Balls and Bonus Ball1:47,784,352
5 Balls1:1,111,264
4 Balls1:5,699
3 Balls1:150

Will [Retired] May 2 2005 8:55 AM EDT

2, 15, 16, 19, 35, BB 3
5, 10, 22, 28, 31, BB 11
5, 11, 19, 21, 44, BB 5
6, 7, 10, 39, 42, BB 43
13, 14, 24, 25, 36, BB 40

1, 3, 5, 7, 11, BB 13
6, 8, 30, 37, 42, BB 2
1, 5, 6, 14, 20, BB 44
13, 19, 20, 25, 31, BB 4
8, 10, 11, 29, 41 BB 16

thanks!

Valgasu May 2 2005 9:37 AM EDT

Wow... i can't believe this is serious...

a little help for the REALLY mathematically challenged among us (i hope that 99.9% of the cb players would realize the absurdity of this "game" and not need it, but regardless... here comes the logic)

This game is based on a "real" lottery game, which typically operate under the idea that around 50% of the "take" are paid out on a weekly basis. This happens because the sheer # of people involved make the jackpot very large compared to the cost to play the game ($10 million vs. $1 or thereabouts)... this still makes it a poor game to play as you can only expect to lose money, but that's beside the point... the amount you expect to lose there is ~half of what you put in in the long run

Now, in this case you're asking people to put in $1,000 and the jackpot is a whopping 110 times that amount (of which they would only get 80% mind you)... and yet you're still using a system that gives people less than a one in 47 million chance to win the jackpot... of course the odds of getting 30% of the jackpot are a whopping one in a million, so this is much better... and then with what frequency can you expect to win 10% of the pot? well, now we're at least talking numbers that make it reasonable to assume SOMEONE might hit this... this calculation is a little more complicated than the others, but basically it boils down to about 1/5,500...

now since the other ones are very improbable (on average the 30% prize would be handed out once for every 1 BILLION cb dollars that are put into the lottery) we'll focus on the last combination, the one that gets you 10% of the jackpot... this will be hit approximately once for every 5.5 million cb dollars that are put into the jackpot... and the payout will be 10% of that amount (plus the 110k money that's in there now)... assuming that it doesn't get hit until all of that money is in there (ie the jackpot is now up to 5.5 million cb dollars) and you are considering the purchase of a ticket... at this point, with this enormous jackpot (excluding your chance at the bigger amounts which are really negligible, do the math to see that if you want) you would spend 1,000 cb dollars for a 1/5,500 chance at 550k cb... what are your expected returns? well, exactly what you'd think based on the setup... 10%... each ticket at that time has an expected value of about 100 cbd... as i said, the other values really are negligible, if you figure them out i'd guess your expected average value won't get over 110 cbd...

so what's the point of this post? even if they're not profiting from it, this doesn't mean that it's a "fair" game... IF the jackpot grows to over 5 million cbd you still can't expect more than a 10% return on your "investment"... oh and btw if you buy right now, your expected return is ~~2 cbd per $1,000 cbd you put in... that's right, 0.2%... or another way of saying this is you can expect lose 99.8% of the money you put into this now... and by the time the jackpot hits 5 million cbd it will only drop to 90% that you expect to lose...

now the cb2bank is quite the racquet... i've looked at some other services they've offered in the past and was appalled at the fact that people actually patronized them... this one is just ridiculous though...

oh and as a final note if in fact whoever created this contest didn't realize the math involved and the fact that there isn't really going to be any "winner" from this thing and wants to try to make it more reasonable, then limit the range of numbers (currently 1 to 44) to some smaller number and then find some way to do "fair" drawings

Nixon Jibfest May 2 2005 9:43 AM EDT

this contest might make more sense if you did a "Pick 3" lottery.

Otherwise, #9 kinda worries me. Last thing we need is to sink more cash flow into the central bank.

Bubo [DTC of Bubo] May 2 2005 1:10 PM EDT

Valgasu,

I shall link the long answer that I made just last week that answers a few of your questions. In particular, I'd like to point out the portions that deal with the fact that this is a "Progressive" Jackpot, the discussion of the actual breakdown of odds, and the fact that I invited anyone to start their own competing lottery. You attack the fact that the current Jackpot is so low, but you fail to address the fact that there must be money available to pay the Jackpot with. As I alluded to at the end of my post, many of the larger jackpots use an installment payout plan instead of lump sum (although many offer lump sum at a sharp discount). Installment plans are designed specifically to allow the "awarding" of jackpots that are larger than current funds can support. I think I mentioned that a 10 million dollar jackpot awarded over 30 years came out to $28,000 per month, and that I was perfectly willing to offer this kind of a installment plan as well if that's what you really want. I had hoped that the low starting Jackpot could be forgiven with the 100% of fees going into the Jackpot, but apparently it cannot. In closing to your specific arguments against this Lotto, I'd like to know why you feel you must drive players away from my lotto without setting one up of your own? Your math is fairly accurate, but I have a feeling that you've never tried to run a Long Term Recurring Lottery yourself. Certain concessions must be made to keep the Jackpot at a value to inspire interest without injecting personal money every time a grand prize winner occurs, especially in an environment where you are not going to sell enough tickets to cover multi-million jackpots per drawing. If you do not like how mine is run, then run your own and let the players vote with their money.

As for your personal attacks against CB2Bank, this is not the place for such discussions. I invite you to post your allegations in General or Off-Topic so that we may actually discuss the reasons why you think CB2Bank is so terrible.

Nixon,
You are aware that, except for the grand prize payout, Pick 3 odds using 1-9 per pick end up being 1:167 and 1:333. A Grand Prize exact order carries the odds of 1:1,000. That means, at $1,000 per ticket, it would only take a $1,000,000 investment to hit the grand prize. With 100% of ticket sales going into the Jackpot, this means that it is always a guaranteed win to buy $1,000,000 worth of tickets. This would lead to everyone who can afford to do so playing $1,000,000 worth of tickets in order to split any ticket money paid by people who cannot afford $1,000,000 worth of tickets. After a week or a month of this, it would devolve into the only players playing $1,000,000 worth of tickets, winning back exactly what they paid in. If you raise the ticket prices to prevent this, you are shutting out the lower income players. If you use a percentage, progressive payout like I am here, then you'll face many of the same arguments regarding the carry-over of prize money that I've already faced.

I'd just like to mention that it would be alot easier to offer better odds and fixed value prizes if the grand prize was reduced to 50% or less of the incoming fees. Unfortunately, that would require so much public record keeping to prevent accusations of profiting from the contest that I am not going to run that myself. Good grief, aside from the arguments about the odds, look at how many people are upset over the prizes already!

As I stated the last time I was forced to defend this contest, I am not going to continue it if I have to defend it every time. I started this because I enjoy it, and I wanted to allow others the opportunity to enjoy it. All that it is for me is a huge time investment that I might derive some pleasure from. Valgasu has stated his non-unique reasons for why he dislikes this lottery. Since tickets have already been bought, I shall allow this lottery to continue until Saturday's drawing. If no one outside of CB2Bank purchases any tickets, then I shall shut down this contest for good and refund all monies to everyone who has bought tickets since I started this contest (and take back the money that I donated to start it off). I believe that satisfies the requirements of the Contest Forum (if it doesn't, can an admin or op contact me and tell me what needs to be done?). I ask that any of the current players from both threads who wish to continue debating or discussing this contest do so with CMs to me, instead of cluttering this thread up (it made it a little difficult to track down the 10 tickets that were bought last week). If you insist on making it a public argument, then please start your own thread in the appropriate forum, again to make it easier to track tickets in this thread.

Bubo [DTC of Bubo] May 2 2005 1:19 PM EDT

I think a lot of the arguments about the odds of the game stem from a single misconception. The opposing viewpoints seem to think that I am willing to gamble my personal money in a contest that I am specifically not allowed to profit from. This won't happen, as a friend of mine put it, "If the House cannot win at all, then the House will not play."

The simple answer to the odds question is this. The better the odds, the smaller the Jackpot and the smaller the rewards (either through artificially shrinking the rewards, or just splitting the rewards across the number of winners). The *only* way to offset this shrinkage is to invest personal money into it, or to risk the Jackpot money in loans/investments in an attempt to grow it outside of the game. I am not going to handle the additional time needed to attempt either of the second options. This is a game, for me as well as you, not a job.

Sukotto [lookingglas] May 2 2005 1:44 PM EDT

I, for one, appreciate the work you've done here and the way in which you found a way to fairly pick the numbers.

I normally don't like contests where the numbers get picked in a non-accountable fashion and/or are revealed ahead of time (ie.e, to an admin). In CB1 I was planning to start my own lottery using a pre-published, encrypted, string of numbers but didn't end up dong it because

1) It was still open to cheating since *I* knew the numbers before hand
2) Jon changed the contest forum rules to stop for-profit contests and I wanted something in return for my trouble.

(I didn't think it was worth taking it to the FS forum, so I cancelled my plan *shrug*).

Best of luck to you with the contest!



ps, put me down for 1 13 15 26 40 BB19

Valgasu May 2 2005 4:07 PM EDT

The fact remains that you will almost certainly not pay the VAST majority of the ticket prices paid in...

also, you complain that you had to set it up this way because you couldn't afford to set up a system where you might have to pay out of your own pocket... well, i understand that, and fortunately with the payout system you have (which is not what is in question), that could NEVER happen, you could attach any odds to each ticket (even 100%) and as long as you stick to your payout schedule you would never have to pay more than you take in...

next you shot down the pick 3 idea because a single player or even multiple players could buy out all the numbers and guarantee a split of the pot, and while this is correct with a simple 10 number pick 3, the point was that you need to restructure your payout odds if you actually plan on paying any of this money out... how about a pick 4? now it's 10 million to buy it out... even pick 5 is reasonable odds compared to what you have running... that's 100 million to buy out... not likely to happen...

also, you argue that if you make the odds reasonable then the jackpot will have to be small... the jackpot is already miniscule... you can expect that with the current system the jackpot will grow to about 1 BILLION cb dollars before the 30% PRIZE is paid out even one time and neglecting the 10 and 30% payouts the jackpot will likely reach approximately 47 BILLION cb dollars before the 80% prize is paid out... if your concern is that you don't think lower values than those will entice people then you're just being foolish... no matter how you change the odds of a payout, the current jackpot will remain the same...

IF in fact you have good intentions, which as you state is a topic for another thread, then i'm sure you wouldn't have a problem changing the format of the lottery to something people actually stand a reasonable chance of winning...

if on the other hand your plan is a scam to collect this large sum of money that the bank can in the meantime use as a loan base which almost certainly won't need to be paid out ever (if you make sure to keep the 10% on hand every week, with the current structure you'll almost certainly be fine)... finally waiting until you can execute rule #9 and since tourney prizes is unavailable... oops, sorry guess it goes to central bank... then i'm sure you'll either dissolve the lottery under my allegations or continue running it unchanged under the hopes that no one believes what i'm saying

honestly, i hope your intentions were good and you restructure the lotto to work in a reasonable way... but i have suspicions that this may not be the case...

oh, and finally, i guess i should address the comment you made regarding the fact that i don't run an opposing lottery and don't understand what it would take to do so... i ran MANY contests on cb1, i know what goes into holding contests, keeping track of contestants, handling prize payouts and keeping things fair for all... i enjoyed doing it, however, i don't have the time or patience to run something here now, and i acknowledge that it can be a time consuming undertaking... i fail, however, to see how/why this fact makes it reasonable for you to scam people with a contest that they will never win

{CB1}Lukeyman May 2 2005 5:12 PM EDT

jeeze, can you just let the man have his contest. i mean, come on, how much of a life must you have to scour around and rant on someone elses own contest. Bubo is trying to answer all of your questions but you keep on going, can't you just let him run the contest for some of us who want to play?

Bubo [DTC of Bubo] May 3 2005 1:41 AM EDT

Valgasu,

First of all, I really find your personal attacks to be very out of line. It's almost like you are conducting a witch hunt here. Other people have brought up concerns with the odds in the original thread, and were very civil about it. The one personal attack in the bunch resulted in the clause regarding CentralBank that is causing concern now.

Now, to clarify *again* what happens if this contest comes to a conclusion: In two separate areas of the FAQ I state that a final contest will be held to distribute all monies remaining in the Jackpot. A final condition was put in that the money was going to be sent to Central Bank if a final contest cannot be held for some reason. The only reason this stipulation was put in is because someone alleged that we were going to somehow pocket the money for our own use.

I grew curious, and decided to see what format you held your contests in on CB1. Perhaps I am being an idiot and you had a superior method of holding a lottery. When I searched for your name in the Contest Forum there, I found a few trivia, math, and logic contests, but no lotteries. I honestly don't think you have managed a long term lottery before. I am not faulting your math skills, but the phrase "This happens because the sheer # of people involved make the jackpot very large compared to the cost to play the game" indicates that you seem to think that the number of people participating in the total game affects the odds of the individual. Furthermore, your main argument here is that the odds will create a very large Jackpot. I admit that this confuses me, it makes me think that you are upset because this game cannot be run in the same manner as the real world lottery, but the game produces the same results as the real world lottery. I chose this format partially because of the sheer amount of interest and favor for it in the real world, despite the individual odds. Yes, the potential of the pot to grow large is there, but that is kind of the point of a progressive Lottery, to eventually have a Jackpot so large that *everyone* wants to gamble for a piece of that pie. It will take longer for that to happen here because of the smaller number of players, but it can happen.

Where is the deception here? You are upset that the odds are high, but no one is being coerced into playing this lottery. I am not hiding any hidden costs or any hidden fees against the Jackpot delivery. In my own post I direct people to the website that includes the official odds of winning, and in the very first thread I corrected my accusers incorrect odds with the corrected odds, despite the correct odds being in their favor. Calling this a scam indicates that I am tricking or coercing people into giving me their money, and the phrase scam usually indicates that I am doing this for my own profit. Again, where is the scam here? What am I hiding?

You seem to think that there is no problem with me changing the format of the lottery. Well, there is one big problem that I see. Under the current format, I get to feel the thrill of watching my State's Lottery on television, with the list of tickets in hand as each ball comes out. This is part of the enjoyment that I derive from running this. If I switch to another format, then I will have the cold experience of looking up some other state's lottery on the web, or looking up whatever number generation system I end up with. Little thrill for me, little gratification. Yes, it's a selfish problem and a selfish reason, but it plays a large part in the enjoyment that I get out of this.

As for the Pick 4 and Pick 5 items that you state I am overlooking, I can only counter this charge by repeating the fact that I am attempting to hold a *Long*Term* Lottery here. I'd like to see it still run 6 months from now, a year from now. Pick 4 requires 10 million to buy out. It is *not* that hard to put together 10 million CB2$ right now. There is a player with 6 million on hand already, and I have had 10 million on hand during complex trade transactions before. Good grief, I have a sword right now that I have received an offer of 7 million on alone. 100 million may seem a lot harder to reach, but take a look at the amounts that some of the E-clans are trading around. All it would take is 10 individuals pooling together 10 million each to ensure a win there. Before you counter that the jackpot is too small to take that effort, let me re-iterate that I want this to be here a long time, with a large jackpot, and that your own arguments center around the fact that the Jackpot would grow too large.

We can argue odds all day, and never see eye to eye on it. You can go on with suggestions of Pick 6 games, and Pick 7 games, and so on. In this case, after reviewing various options and odds, then comparing them to both current cash flows of high income players and then attempting to estimate future flows, I ended up choosing this format to prevent this game from being taken over by players who can afford to buy out the prize when convenient (well, it appeared to be one of the most popular available with odds that prevented a buy out, and it had the valuable bonus of being run and televised in my state). It may be the wrong choice, it may be the right choice. The fact remains that we cannot know for certain without running the system for a period of time. (To be fair, simply dropping the bonus ball from the system I'm using now still produces odds high enough to prevent guaranteed wins in this manner. Quite frankly, if you had been more civil about this I'd be much more inclined to make that change. For now, I'm taking it under consideration.)

I am going to conclude this by, once again, suggesting that you run your own Lottery in the manner that you see fit. Put my Lottery out of business by enticing everyone to your own. If your method is both superior and lasts longer than mine, it means I can learn from it.

Also, please keep your personal attacks to yourself. When you have proof that I have scammed people, then you can accuse me of scamming.

Biscuitback May 3 2005 2:07 AM EDT

ok... i'll play.

3, 7, 15, 16, 21 (16)
2, 17, 18, 26, 32 (21)
6, 12, 18, 24, 30 (33)
5, 10, 15, 20, 25 (18)
22, 27, 31, 36, 39 (41)

Biscuitback May 3 2005 2:08 AM EDT

Biscuitback (Biscuitback) 68.119.148.85 Bubo (CB2Credit) $5000 2:07 AM EDT

money sent. good luck with the game

Valgasu May 3 2005 12:33 PM EDT

my comments about the sheer # of people aren't that they affect the odds... what they effect is the expected value... lotteries are all just methods for getting money from people... but at least "real" lotteries have an expected value of typically around 50% of what's put in... yours currently has an expected value of less than 1% and even if 5m cbd is put into the jackpot it would still only get to ~11%... that's why it's a scam... if you had enough people playing (like the real lotteries do) then the jackpot would be much greater relative to the amount you have to put in to play... that is why the expected value goes up... so yes, the # of people playing DOES make a difference...

you can say whatever you want about where the money goes, but the point is that with your current system it WON'T go back to the people who are playing the game atm... if every week you get 50 people to play... and each one buys 10 tickets... that's 500k cb incoming/week.. every 10 weeks or so, someone will hit the 10% jackpot... that's cool, once every 10 weeks you will have a winner there... not bad... now let's calculate how often you'd hand out your 30% prize.. well, that would be about once every 40 years... yes, that's right, once every 40 years, 30% of your prize pool would be handed out... and now finally, 80% of the jackpot... well, we're talking somewhere in the ballpark of the year 3500 we can expect that to be hit once based on 500 participants a week... now i know you want your lottery to be long term.. but it just seems that this might be a BIT excessive...

but oh well, i'm the bad guy for pointing this out, so i'll leave it alone with this last comment... good luck with your sca... err lottery

Reebok May 3 2005 2:03 PM EDT

Preach on brother Valgasu!

Biscuitback May 3 2005 3:14 PM EDT

the way i look at it, i don't care if i win or lose... in fact i'm not really doing it to win.

i never buy lottery tickets pretty much for the same reason varg has been stating and for the fact i just can't afford to lose 5 dollars weekly.

but i'm doing it here because i would like to see if i would have been a millionaire in the state of where ever this is being drawn from and kick myself in the rump, saying " i could have been rich".

and truthfully that has to be the only reason why anyone play the lottery anyways.... right?

Bubo [DTC of Bubo] May 3 2005 3:28 PM EDT

I agree with you Biscuitback.

After considering the objections regarding the odds, I am restructuring the reward levels. Shade has been kind enough to change the first post in this thread with the new information. In summary, I am keeping the 5 ball with bonus ball reward but increasing the payout on it. I am moving up the 5 ball without bonus ball reward to 75% of the payout. This means a similar payout to the old reward systems grand prize, but with roughly a million to one chance instead of 47 million to one. 4 ball rewards are now 40% of the pot, and I have added 3 ball payouts at 10%. I want to state that the current jackpot makes it likely that 3 ball payouts will be less than the current ticket price.

This reward structure should increase the frequency of winners in the game. While the grand grand prize is still very difficult to win, the 5 ball prize is a significant portion of the pot. I am still doubtful about 3 ball prizes at this time, and I may make 3 ball prizes conditional on the amount in the Jackpot in the future.

Furthermore, I will be giving 1 free ticket in this weeks drawing for each ticket bought in last weeks drawing. I'll be CMing the players to notify them of the free ticket.

I want to emphasize that the majority of these changes were inspired by a conversation I had with FatalXception last week regarding the odds, and that Valgasu's commentary this week served only to drive me closer to just shutting down the Lottery instead of making changes.
Valgasu, before you comment on these changes I would like you to know that your personal attacks in this thread caused far more harm than good to your argument, and came *this* close to making me decide to shut the whole thing down instead of changing the game. The majority of these changes originated with FatalXceptions discussion in chat with me last week regarding the odds. To be honest, you can believe what you want about the changes, but please do not direct any comments on this to where I can come across them.

Bubo [DTC of Bubo] May 3 2005 3:34 PM EDT

Current Jackpot is $126,000.

Valgasu May 3 2005 3:43 PM EDT

i don't care who/what made you make the changes, i think it's good that you made them as now there's actually some chance of some money being handed out.. i applaud the effort to make this happen and say that it makes it look as though your intent wasn't to scam people, but that you just didn't understand what running a competition with the original odds with so few entrants actually meant... i applaud that

with regards to the current payout structure, i don't see why you think the payout for 3 balls will be less than the cost of a ticket... if it's 10% and the jackpot is 126k, that's 12.6k... so unless 13 or more people win it, it's not less than 1 ticket price... but at any rate, i applaud the changes and hope the lottery goes well

AdminShade May 3 2005 3:44 PM EDT

replaced the first post with the updated version as i offered to bubo to make things more clear and easier to see :)

Valgasu May 3 2005 3:46 PM EDT

one side note that you may or may not want to clear up too, is that with the current structure if 1 person hits all 5 without the bonus ball and another person hits all 5 with the bonus ball, the guy who hits without will get paid more... he'll get 75% of the jackpot and the guy with the bonus ball will get 90% of the remaining 25% or 22.5% of the original pot... but it's not like that situation will ever arise anyway, so it probably doesn't matter... just thought i'd bring it to your attention :)

Valgasu May 3 2005 3:53 PM EDT

oh, and what the heck, as a sign of good faith...

1, 2, 3, 4, 5 BB 6
7, 8, 9, 10, 11 BB 12
13, 14, 15, 16, 17 BB 18
19, 20, 21, 22, 23 BB 24
25, 26, 27, 28, 29 BB 30
31, 32, 33, 34, 35 BB 36
37, 38, 39, 40, 41 BB 42

i hope 43 or 44 don't hit anywhere!!!

cank May 3 2005 5:12 PM EDT

9,13,33,36,41 BB 34

Nixon Jibfest May 3 2005 7:47 PM EDT

Lotteries are for suckers. With that said, below are 100 entries. use last number as BB.


2, 13, 17, 22, 29, 33
12, 18, 20, 23, 40, 43
2, 9, 19, 36, 39, 41
17, 18, 21, 26, 38, 41
17, 19, 23, 26, 30, 37
8, 9, 14, 26, 30, 42
1, 17, 19, 24, 25, 41
4, 7, 12, 23, 26, 30
1, 7, 26, 35, 40, 44
2, 8, 10, 14, 39, 42
2, 4, 5, 25, 34, 41
17, 23, 28, 33, 35, 42
3, 20, 30, 33, 38, 41
14, 21, 22, 23, 27, 35
1, 17, 31, 34, 37, 44
7, 18, 20, 23, 34, 42
10, 24, 25, 26, 41, 44
2, 11, 13, 22, 25, 40
3, 25, 28, 29, 35, 36
1, 21, 26, 32, 37, 39
1, 5, 9, 11, 29, 36
5, 14, 22, 30, 38, 40
8, 15, 28, 29, 31, 36
1, 10, 22, 23, 32, 39
3, 13, 14, 18, 19, 36
6, 7, 15, 17, 21, 26
13, 33, 36, 38, 42, 44
6, 15, 20, 29, 38, 39
2, 11, 12, 25, 30, 42
7, 16, 24, 29, 38, 41
2, 8, 10, 33, 37, 42
14, 20, 32, 38, 39, 44
4, 5, 8, 32, 35, 38
6, 8, 9, 20, 32, 41
4, 20, 21, 29, 33, 39
9, 14, 20, 27, 32, 43
7, 9, 17, 21, 33, 35
1, 2, 11, 14, 21, 42
3, 5, 14, 33, 37, 43
1, 5, 12, 13, 20, 32
2, 3, 10, 27, 36, 40
4, 6, 15, 25, 31, 43
5, 15, 21, 29, 39, 42
13, 20, 25, 31, 35, 39
7, 19, 21, 27, 32, 35
8, 9, 25, 34, 39, 44
11, 20, 24, 27, 37, 41
3, 4, 14, 18, 28, 31
1, 5, 18, 28, 32, 35
2, 4, 10, 19, 21, 34
1, 3, 18, 26, 30, 40
2, 12, 14, 16, 19, 36
11, 17, 18, 23, 35, 43
10, 11, 23, 25, 29, 32
23, 26, 30, 41, 42, 44
7, 15, 20, 22, 34, 35
7, 10, 20, 24, 33, 36
2, 10, 12, 31, 32, 40
7, 11, 14, 21, 27, 34
12, 13, 23, 33, 37, 44
4, 9, 24, 26, 32, 36
9, 20, 34, 42, 43, 44
16, 23, 26, 32, 37, 42
8, 12, 22, 25, 42, 44
3, 16, 20, 41, 42, 44
10, 23, 28, 31, 37, 41
22, 23, 26, 31, 40, 41
4, 6, 8, 9, 16, 40
1, 2, 3, 24, 42, 44
8, 18, 19, 25, 31, 44
3, 11, 18, 25, 27, 28
5, 17, 24, 26, 29, 42
16, 18, 19, 25, 26, 38
8, 10, 18, 23, 24, 26
4, 7, 10, 27, 30, 44
7, 16, 22, 23, 35, 37
2, 7, 9, 13, 34, 35
4, 11, 21, 31, 35, 44
1, 30, 36, 38, 43, 44
21, 23, 29, 34, 35, 44
1, 18, 22, 28, 31, 44
8, 16, 24, 29, 32, 37
8, 16, 27, 37, 39, 42
1, 3, 5, 14, 15, 18
1, 8, 30, 37, 42, 44
5, 6, 10, 13, 31, 39
3, 5, 21, 24, 29, 41
3, 4, 6, 12, 36, 42
3, 29, 30, 32, 40, 41
3, 6, 7, 14, 24, 36
6, 19, 26, 27, 28, 42
2, 9, 11, 15, 22, 37
4, 6, 12, 16, 18, 26
5, 20, 28, 33, 42, 44
4, 21, 24, 27, 36, 44
3, 6, 22, 25, 34, 36
5, 11, 17, 24, 34, 38
7, 16, 24, 30, 35, 44
10, 13, 18, 19, 29, 40
11, 17, 20, 29, 39, 41

Biscuitback May 4 2005 12:18 AM EDT

my god nixon... get enough tickets... SUCKER... lol

Bubo [DTC of Bubo] May 4 2005 2:04 AM EDT

Current Jackpot is $233,000.

I have been asked to locate a number generator for use with this lottery. I've found one that works, and one that kind of works. I'll be including these two in the FAQ in the future.

http://www.alllotto.com/lotto_number_generator.php?game=lotto
This one works perfectly for here. Just put in the max number of 44, set it for 5 numbers with Bonus number, and how many tickets you want to generate. The only drawback is that you can only generate up to 20 tickets at a time.

http://www.lottobets.com/systems/big5.html
This one does not choose a bonus ball, but it allows the generation of any number of tickets at once.

AdminShade May 4 2005 8:56 AM EDT

:)

32, 1, 5, 12, 10 || 32
14, 25, 5, 31, 9 || 23
1, 2, 3, 4 , 5 || 44
5, 10, 32, 9, 7 || 6
13, 5, 44, 22, 23 || 2

AdminShade May 4 2005 9:10 AM EDT

small remark:

How to Win:

- Match 3 numbers: 10% of the Jackpot will be split between all tickets that match 3 of the 5 numbers!
- Match 4 numbers: 40% of the remaining Jackpot will be split between all tickets that match 4 of the 5 numbers!
- Match 5 numbers but not the bonus ball: 75% of the remaining Jackpot will be split between all tickets that match all 5 numbers but do not match the bonus ball!
- Match 5 numbers and the bonus ball: 90% of the remaining Jackpot will be split between all tickets that match all 5 numbers and the bonus ball!


lets say the pot is 1 million cb2 | $1,000,000

player 1 has 3 numbers right
player 2 has 4 numbers right
player 3 has 5 numbers right but not the bonus number
player 4 has 5 numbers right PLUS the bonus number

(yes only 1 player PER! category)

player 1 wins: 10% of the pot: $100,000
player 2 wins: 40% of what is remaining (40% of $900,000): $360,000
player 3 wins: 75% of what is remaining (75% of $540,000): $405,000
player 4 wins: 90% of what is remaining (90% of $135,000): $128,250

now i know the chances of this happening will be very very very small but what if :P

just a bit teasing and perhaps making you think of things but this scenario is so unlikely to happen :)

Sukotto [lookingglas] May 4 2005 10:42 AM EDT

I urge you to use the state lottery numbers as you originally intended and NOT use a number generator. You can continue to use those numbers and make the odds better by tweaking the rules (like saying you only have to pick 3 or 4 numbers, and if those numbers get drawn then you win). Of course, you've already taken money from people for this contest so I advise against changing the rules this time around.

The big problem with the various raffles and lotterys other people have done is that, although you can use transfer logs to verify money in/out, there's no way to verify that the numbers used were fair and that no player had an unfair advantage.

** I'm not saying that you personally, are untrustworthy. **

What I'm saying is that in order to have a really trustworthy lottery, you have to have really trustworthy numbers.

The only known way for that kind of fairness is to have a trusted third party build a number list that is:
1) secure
2) unbiased
3) independently verifiable/auditable
4) truly random
5) revealed to everyone at the same time (including you) making it
5a) impossible for you to reveal in advance

The state lottery is ideal for this purpose.

Bubo [DTC of Bubo] May 4 2005 10:58 AM EDT

Sukotto, I am still using the state lottery for the winning numbers. The number generators are for people who want to "Quick Pick" their tickets.

Sukotto [lookingglas] May 4 2005 11:59 AM EDT

I have no idea why I read your comment as
"I plan to use a random number generator instead of the lottery site to chose the winning number" + "By the way, here are some pages to help you chose numbers for your tickets"

Instead of the (now obvious) thing you actually did say.

whoops. :-(

Bubo [DTC of Bubo] May 4 2005 2:03 PM EDT

*rereading what I wrote*

Ack! I can see where the confusion came from. :( I will make it more clear in the future. I can only attribute my poor wording of that to it being really late.

Vagabond May 4 2005 2:16 PM EDT

Big round of applause to Bubo. Not just for the well structured changes, but for putting up with the people (like myself) that complained in a not so nice sort of way.

<show of good faith>
3,8,22,28,42 - 24
</show of good faith>

Kilobot571 May 6 2005 4:49 PM EDT

Alright
1,2,3,4,19 BB 44
44,43,42,41,19 BB 36
19,34,17,36,12 BB 39
16,17,18,28,29 BB 20
1,3,27,33,34, BB 35

Here they are

Bubo [DTC of Bubo] May 8 2005 3:46 AM EDT

Winning numbers were 17-24-25-26-33 BB 33. I'm working out who won what right now.

Bubo [DTC of Bubo] May 8 2005 4:11 AM EDT

Current Jackpot is $244,000.

Three tickets matched 3 numbers:

Nixon Jibfest, 1, 17, 19, 24, 25 BB 41
Nixon Jibfest, 10, 24, 25, 26, 41 BB 44
Nixon Jibfest, 5, 17, 24, 26, 29 BB 42

Since all three tickets are owned by Nixon Jibfest, his prize will be $24,400!

Bubo [DTC of Bubo] May 8 2005 4:13 AM EDT

Of course, cache flush has just started. :/

I will send Nixon's money in the morning.

Bubo [DTC of Bubo] May 8 2005 4:39 AM EDT

Transferring permanently the following items to Nixon Jibfest (railrider):

* $24,400

Transfer fee: $98 (Includes discounted rate)

$24,498 has been deducted from the Jackpot of $244,000. New Jackpot is $219,502.
This thread is closed to new posts. However, you are welcome to reference it from a new thread; link this with the html <a href="/bboard/q-and-a-fetch-msg.tcl?msg_id=001Jp5">CB2Bank Progressive Lotto! Jackpot starts at $110,000! $1,000 per tick</a>