The Forefathers of Bitcoin Lotto

1. The Forefathers of Bitcoin Lotto Bitcoingg.com

2. The lottery has given many people the dream of becoming a millionaire in just one night. There is a sense of excitement in the air as a bettor holds their ticket while waiting for the winning results to appear on the screen. Playing the lottery is also very cheap while the payout is massive in comparison. Online casinos are familiar with the popularity of the lottery which is why there are a lot of these types of games on the net. The best place for any player to play at is one which accepts bitcoins. Unlike fiat casinos, sites which accepts this digital currency offers a number of benefits to their customers. Brief historical background on lotteries The earliest signs of a lottery game in recorded history took place in China during the Han Dynasty which is around 205 to 187 BC. In the ‘The Book of Songs’, there was a reference to a game based on luck which was ‘drawing of wood’. Another early sign of lottery is during the Roman Empire’s period. The City of Rome used it to finance the maintenance of the city. Since lottery was a form of gambling, it was illegal in the US and a majority of Europe in the 20th century. However, casinos and lotteries were a good alternative source of revenue for government offices without having to increase the tax rate. This is why many gambling activates were legalized after the Second World War.

3. Evolution of modern lottery There are numerous state and national lotteries held around the world. Older kinds of lottery games have tickets which already has a set of numbers printed on it. It also takes a long time before the results of the lottery was shown. Because of this, lotteries back then were hardly exciting. The games were too long and players aren’t even able to choose their own numbers. The lottery was reworked during the 90s. This led to a faster result where it can take less than a week for a lottery game to finish. There are also other betting options for each lottery game. The popularity of the internet has led to a massive growth of gambling games online. 2008 saw a large number of online lottery games. State and national operated lotteries allow players to buy their tickets at both a retail store and online site. These lotteries usually work within a private network. Any tickets purchased in a physical outlet or website is documented at a central station within the lottery commission office. Lottery tickets allow players to choose their own numbers during this time. Modern lottery games give the winners a lot of time to accept their prize. Players can claim their prize within six months to a year. If there are no jackpot winners or individuals who are able to match all of the numbers in their ticket to the winning results, the prize carries over to the next game. This is the reason why almost every lottery games have an unbelievable payout. Apart from games run by a state or nation, there have been growths of online casinos which are offering lottery games. Lottery games in these casinos also have a massive payout as the ones run by a country’s lottery commission office. Online lotto offer people in areas where there are no lottery available a chance to experience the game.

4. Playing bitcoin lottery There has been a large number of bitcoin lotto lately. The digital currency is able to offer a number of benefits to bitcoin owners. Hassle free transactions– When a player is able the jackpot prize of a lotto game, it can take them a long time to withdraw the money to their credit card or bank account. The process can take up to five days or more than a week. Players must also pay a fee for the transaction. This fee is often the exchange or foreign exchange fee. Bitcoin transactions don’t have these types of hassles. Players can receive their withdrawal in a short time or less than a day. There are some casinos which charge a fee when transferring a player’s bitcoin. However, this of fee is generally small. Real results– Players could easily find online casinos which has a lottery game. However, there is no guarantee of the authenticity of each results of a lotto game. Players can only trust the program to generate random results. Bitcoin games on other hand are able to ensure the results are real through the use of a provably fair feature. The feature basically records the hash used in picking the lotto numbers. Once the results are published, the hash is shown to the player. This can show them how there is no one controlling the results of the lotto.

5. Lottery tips There are no strategies which can guarantee a sure win in a lotto game. The odds of winning is simply too high where a person is more likely to pick up a briefcase full of money than getting the jackpot. There are some things to consider when playing lotto to still feel like a winner. Keep using the same numbers– There are some people who use the same set of numbers for each lotto game they play. They might have gotten it from different parts of their life like their birthdate or street address. Others might have received a set of lucky numbers from someone famous. These numbers can be important to them. They might regret not picking them again if they are part of the winning results. Set a limit– The odds of getting a jackpot is astronomical. Buying 5 tickets instead of one is only going to slightly improve a player’s chance. Bettors should always set their limit when playing the lotto to avoid over spending in one game. Buy more instead of regularly– Some of the spending habits of players is to buy one ticket for every game. They often do this to save their money. Another good way of playing the lotto is to buy a whole month’s worth of ticket for one game when the jackpot is high. This way, they have more chance of getting the jackpot or the other cash prize. The lotto is an exciting game for any type of casino player. It can be enjoyed more by using bitcoins to buy tickets.

6. Sources/References: Bitcoin Casino - http://www.bitcoingg.com/bitcoin-online-gambling/casino/