Whether you would like to play in English, Spanish or Russian, in case you're on the lookout for a blockchain lotto game, then TrueFlip.io could be the place for you. I am still trying to receive my thoughts around this daily online lottery sport . The sport is straightforward. My difficulty is that the calculations on which you actually win is your jackpot. Well, it and that would be wonderful to know who these people really are.
The Game at TrueFlip.io
This is a lottery which players choose 5 numbers from 49 and 1 and 1 number from 1 to 26. TrueFlip.io uses a random computer program to decide on the winning numbers each day. This is all based on bitcoins. That is exactly what you pay to play and that's exactly what you win. The draw takes place every day.
TrueFlip and Winning
TrueFlip says that 50% of these ticket costs goes to prizes together with the remainder. That 50% is divided up at a multiple tier decoration. The remainder goes to their prices ranging from advertising to services. The jackpot is printed in bitcoins and I fight to receive my mind around those figures. It looks like that they pay out on the jackpot less commission. The latest game has a jackpot of 109.30 bitcoins that equals US$ 485,543.02 — based on their foreign market rate.
Access Your Friends to Perform
If you can encourage a friend to play, TrueFlip.io will give you a free ticket plus 2 percent of any of their winnings. I figure that comes from the other 50% of what people are currently paying.
So Who Is True Flip?
TrueFlip.io is possessed by TRUE FLIP GROUP SOCIEDAD DE RESPONSABILIDAD LIMADA, a firm registered in Costa Rica. There are a bunch of networking links that are social, but no contact info except an online form. We are talking no phone numbers, no chat without a snail mail address. I guess they are like bitcoin working in the ether.
Hang on — What Is Blockchain?
I read up on this and after hours and sites, I still don't get it. I think that it has to do with the simple fact that the foundation of winning and paying is via an unregulated monetary system i.e. bitcoins. However, is that it? Me, I enjoy my money in dollars, rather that fantastic ole US dollar things.
So Why Play Here?
Authentic spin has this 1 area, underlining why to playwith. They claim here that 60-65percent of the payment goes to the prize fund. That's not what I read elsewhere. It is anonymous so you likely can duck taxation and other things, but then again, the jackpot does not get up to all those amounts we see with Euro Millions and US Powerball. Again, the chances are better.