The World’s First Bitcoin Lottery is Offering a 1,000 BTC Prize

Nishanth Shetty

Nishanth Shetty

December 21, 2017 1:25 pm

The World’s First Bitcoin Lottery is Offering a 1,000 BTC Prize | Coindelite News
51561 Total Views

Bitcoin News

If anyone does not want to invest buy bitcoin, now has a chance to get it. One of Ireland‘s best-known lottery operations is offering a bitcoin prize worth millions of dollars. But in exchange for picking only the six numbers, beginners- who do not limit to the Republic of Ireland – will be entered into a draw whose current jackpot stands at 1,025 BTC. The Lottoland is confident that a huge number of bettors are ready to take their chances.

Play and win Bitcoin

Lottoland, found in 2013, is one of Ireland’s best-known lottery operators. It’s courted controversy in the beginning for letting the punters bet on lotteries conducted on other jurisdictions such as America’s Powerball and Europe’s Mega Millions. Anyhow, the company has earned a sizeable market share in Emerald Isle, which was helped by its amazing marking technics.

Launching its own Bitcoin Lottery, Lottoland is cashing in on the craze for the cryptocurrencies that is sweeping the world, through bitcoin at the top of the charge. The website has mentioned: “The world is going Bitcoin bonkers and so are we!”. Players will be required to match all six numbers on their card to scoop the $18 million bonanzas, anyhow, smaller payouts can also win. One in seven bets will win a prize of some other kinds.

Wow! it’s Bitcoin

Players who seem themselves in the desirable position of winning will be faced with a problem: they will have to accept their prize in fiat currency or have the some sent as cryptocurrency to their bitcoin wallet. With annual revenue of around $355m, more than 300 employees and around six million customers – many of whom hail from outside of Ireland – Lottoland have been enjoying great success.

Company’s manager Graham Ross says:

“Bitcoin is a worldwide phenomenon, and Lottoland is giving our customers the opportunity to get involved in the big league.”

No Comments
Ripple and XRP: Key Differences Explained

  These days a huge number of companies and organizations, banks are adopting the Ripple technologies. Somehow, XRP has been knocked between the price dip, regulations, etc. Have you ever compared Ripple and XRP and saw the difference?. I think most of us haven’t. So, here you could understand the difference …

GPU Prices Finally Gain Stability After an Year-Long Surge

GPU prices drop after being rising for almost a year. Since May 2017, there was a steep increase in the price of dedicated graphics cards. Surprisingly, this was not due to the rise in the number of game releases, but this was due to the general public’s interest in cryptocurrency. An …

UK Mosque has Raised 14,000 GBP as the Cryptocurrency Donation

  In May, UK’s Shacklewell Lane Mosque had announced that it would start accepting cryptocurrency as Sadaqah (donations). The Mosque has collected a huge 13,983 GBP (Great British Pounds) in cryptocurrency during Ramadan. Turkish runs the mosque in Hackney, in East London. The mosque had planned to start accepting cryptocurrency at …

Dark Web’s World Cup Gambling Ring Seized by Chinese Police

Chinese officials have shut down an online gambling ring on Thursday. The bets made on the matches used cryptocurrencies that included Bitcoin, Litecoin, and Ethereum. Over $1.5 billion had been accumulated through this scheme. Rather than betting, this scam allowed recruiters to profit off other members. The official statement by The …

Ripple wants to Beat Bitcoin in India | Coindelite News
1
Ripple Wants to Beat Bitcoin in India

  Ripple (XRP), the most bank-targetted blockchain protocol, Ripple (XRP) will be taking over fifty percent of India’s finance sector by preparing payments with low fees and capable systems. Ripple Vice President Asheesh Birla recently became a part of the Scaling and Digital Disruption in Fintech conference and said, Ripple …

Crypto.com announces The MCO Visa Card

  Crypto.com is launching of a new Cryptocurrency enabled MCO Visa Card. This card will allow users to spend their cryptocurrency at more than 40 million locations worldwide, offering the same benefits as some of the best credit cards. To use this card, users will need to download their app which features a …

shares