There are many possibilities for online gaming with cryptocurrencies, but perhaps not all of them are always worth checking out. For people who wish to utilize their bitcoin along with other cryptocurrency assets to gamble, they have to make certain that they are playing on protected websites that are acceptable rather than simply taking them for a ride. Trueflip really is a nice one that might be worth looking into in the event that you like online lotteries.

WHAT DOES TRUEFLIP OFFER?

Trueflip is an worldwide blockchain lottery that is anonymous and transparent concerning its prize fund. It is a easy and refined platform. The player chooses five numbers between you and forty-nine, then an additional amount from you to twenty-six. This isn't unlike the powerball lottery a few of you might be familiar with, however with higher chances of winning -since the total choice in amounts is radically reduced-. This means it pays out roughly 1.3 times more often than the powerball lottery will. Filling out these tickets is fast and simple.

Another important aspect of any lottery would be the capability to pay to play. Only filling out a ticket may only ever get a player so far. Trueflip enables the participant to choose between a vast array of payment methods. No payment method used is converted into Bitcoin and moved into the Bitcoin Prize finance. This fund is completely transparent so all withdrawals and deposits are visible. This keeps players and programmers honest with one another.

The drawings are each day and they run at 8:00 pm GMT. The actual drawing code will be submitted on their own GitHub and is still a very interesting article of programming. Anyone who finds that kind of thing interesting might enjoy taking a look at their code. Results of the drawings have been posted on their social networking pages immediately afterwards.

 

The breakdown of these winnings fund is quite generous each drawing. The jackpot provides the entire finance, but requires that each number is guessed right and in the proper order. From there awards range from several dollars to thirty percent of their jackpot. While the odds are obviously pretty subdued, this isn't quite as bad as say lotteries with fiat. The jackpot in the time of writing this is all about 46 Bitcoin.

Winnings do carry a 4% commission, and there are some deductions from what you put where go toward upkeep and promotion of their lottery.

If you are in the market for a fresh cyrptocurrency lottery, you might choose to check out Trueflip because of their professionalism, dedication to your privacy, and focus on maintaining the lottery as transparent and as fair as possible.

Trueflip's website: https://trueflip.io/

That is a sponsored post and doesn't necessarily reflect the opinions held by any of The Merkle employees. This is not trading, investing, or gambling advice.