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The Cista Pyramid #2 - closed
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Cista2
EVE Museum
#1 - 2014-11-20 08:56:36 UTC  |  Edited by: Cista2
Link to Pyramid #1.
This is my version of a fair and predictable pyramid scheme, where the money is redistributed among participants and not taken by the organiser in one sweep at the end.

How the pyramid works.
Each ticket costs 1 million isk. Each layer is roughly twice the size of the layer above it, starting with 10 tickets in the first layer.
There is no limit to number of tickets you buy.
Your win comes when the next pyramid layer below you is filled. Your win will be 2 million isk per ticket.
Schematic of the working pyramid.

How the pyramid ends
The pyramid will close when no new tickets have been sold for 5 days, or when no layer has been filled for 10 days.
At the time of closing there will be players from 1-2 layers that have bought tickets and not gotten a win yet, and these are the “losers”. All the money that came from tickets sold in the last layer is pooled and returned, so that these win-less players will share their loss. The money returned can be close to nothing, or it could in theory be almost 2/3 of the buy price of the tickets, but most likely it will be less than 1/3 of the buy price.
Schematic of the closing pyramid.


How does Cista2 make money on this?
I make the growth rate of layers slightly larger than doubling (10-20-45-100 etc). As more layers are added, this will provide the organiser a nice percentage profit along the way. I will take no percentage of the closing payout. In other words, I do not make money by ending this game, but by maintaining and repeating it succesfully.

Credentials
Earlier uncollateralised projects - 265 bn isk have been paid out.
Feel free to make a copy of the rules.

Want to join? Go to next post!

My channel: "Signatures" -
Cista2
EVE Museum
#2 - 2014-11-20 08:59:33 UTC  |  Edited by: Cista2
Current layer: Layer 7
Size is 1000 tickets.
495 of the 1000 tickets are available to buy.
1 million isk per ticket - send isk to Cista2 now.
Buy as many tickets as you want - you can buy into the next layer also.

Important! I will fill the layers in order of isk received to the Cista2 account, not in order of posts!
If you are anxious about getting into a specific layer, mark your isk transfer with “Only layer 3” or similar, and I will return your isk immediately if they did not get into layer 3.

Size of upcoming layers:
2000, 4500, 10000, 20000, 45000

Previous layers
Layer 1 (10 tickets): Ria Nieyli (10) - paid out November 20th
Layer 2 (20 tickets): Ria Nieyli (20) - paid out November 20th
Layer 3 (45 tickets): Turk Madden (45) - - paid out November 24th
Layer 4 (100 tickets): Ria Nieyli (30), Artemis Scat (25), Kyra Lee (45) - paid out November 25th
Layer 5 (200 tickets): Sirrun (50), Farg VoDeninard (100), Quinn Cooke (50) - paid out November 26th
Layer 6 (450 tickets): Elizabeth Norn (450)
Layer 7 (1000 tickets): Daisuke Aoki (500), Daisani Hakaari (5)

My channel: "Signatures" -
Ria Nieyli
Nieyli Enterprises
When Fleets Collide
#3 - 2014-11-20 09:46:42 UTC
Roll on layers 1 & 2.
Elvandari
Valheru industries
#4 - 2014-11-20 14:21:11 UTC
is ther epossible to let`s say send you money for layer 3 and 5 at the same time? or do i need to send for layer 3 then wait and send for layer 5 when it`s open? Because i kind of find it pointless to fill 2 layers going directly one after another :D
Cista2
EVE Museum
#5 - 2014-11-20 14:53:30 UTC
Elvandari wrote:
is ther epossible to let`s say send you money for layer 3 and 5 at the same time? or do i need to send for layer 3 then wait and send for layer 5 when it`s open? Because i kind of find it pointless to fill 2 layers going directly one after another :D

I think that would not be in best sporting spirit, so better send just one lump of money.

My channel: "Signatures" -
Turk Madden
Doomheim
#6 - 2014-11-20 16:22:09 UTC
ArrowLayer 3, 45 tickets. Isk sent.
Cista2
EVE Museum
#7 - 2014-11-20 18:46:19 UTC
Right, next up is altogether 100 tickets in layer 4.

My channel: "Signatures" -
Ria Nieyli
Nieyli Enterprises
When Fleets Collide
#8 - 2014-11-20 19:00:32 UTC
Cash for 30 tickets sent.
Artemis Scat
Thebes Guild
#9 - 2014-11-20 19:59:25 UTC
25 tickets; 1m each; 25m total; isk sent to cista2.
Daisuke Aoki
Federal Navy Academy
Gallente Federation
#10 - 2014-11-23 15:30:51 UTC
So wait, can you buy tickets for an upcoming layer that hasn't opened or not?
Cista2
EVE Museum
#11 - 2014-11-23 18:16:33 UTC  |  Edited by: Cista2
Daisuke Aoki wrote:
So wait, can you buy tickets for an upcoming layer that hasn't opened or not?

You can fill up the current layer and continue into the next and fill that fully or partly.

Remember you do not win by adding to some layer or other, you win when someone else fills the layer after you Smile

My channel: "Signatures" -
Daisuke Aoki
Federal Navy Academy
Gallente Federation
#12 - 2014-11-24 13:44:31 UTC
I'm in for remainder of level 4 then. 55m ISK sent.
Cista2
EVE Museum
#13 - 2014-11-24 18:07:44 UTC
Daisuke Aoki wrote:
I'm in for remainder of level 4 then. 55m ISK sent.


If you wanted strictly layer 4, then you send 10 mil isk too many, so I returned those.

We are thus into layer 5, with 200 tickets up for sale!

My channel: "Signatures" -
Kyra Lee
Doomheim
#14 - 2014-11-24 20:16:38 UTC
I sent 45Mil in for Layer 4 but it filled up before my i sent in my isk. I have not received a refund and I dont see myself as a listed participant. Does the refund come at the very end of the pyramid or what?
Cista2
EVE Museum
#15 - 2014-11-24 21:28:31 UTC
Kyra Lee wrote:
I sent 45Mil in for Layer 4 but it filled up before my i sent in my isk. I have not received a refund and I dont see myself as a listed participant. Does the refund come at the very end of the pyramid or what?


Actually there was a mistake, your isk came days ago but I never saw the transfer (I believe you did not post on this thread).

But, now I have seen your transfer, so the tickets in layer 4 are yours, and I will return the remaining isk that Daisuke Aoki sent today, because he also stipulated layer 4.

My channel: "Signatures" -
Kyra Lee
Doomheim
#16 - 2014-11-25 00:03:18 UTC
Sorry! I'm new to this forum and am still figuring out the rules. Thanks for fixing it. :)
Sirrun
Bro's N Drone's
#17 - 2014-11-25 04:14:21 UTC
50mill for layer 5 sent.
Farg VoDeninard
VonD Corp
#18 - 2014-11-25 05:39:56 UTC
100M sent for layer 5
Barakach
Caldari Provisions
Caldari State
#19 - 2014-11-25 21:33:05 UTC
Interesting twist on gambling.
Artemis Scat
Thebes Guild
#20 - 2014-11-25 21:59:25 UTC
Barakach wrote:
Interesting twist on gambling.


That is exactly what it is. Shocked
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