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600mil a ticket is ok for a lotto price for 6bil officer item?
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Lhance
Sourball Kingdom
#1 - 2012-03-09 19:11:16 UTC
I have an officer loot to sell as a lotto.

600mil per tickets and total of 10 tickets.

My question is :

Is it too high for a ticket price?
Lando Antilles
#2 - 2012-03-09 19:23:56 UTC  |  Edited by: Lando Antilles
would you like to pay 2.3 Million dollars for a 1/10 chance at a 23 million dollar jackpot?

My gut says no.

I would imagine the psychological barrier levels to such gambling would be:
- 100 million (nice round number),
- and price of PLEX for the well-heeled pod pilots.
Rakshasa Taisab
Sane Industries Inc.
#3 - 2012-03-09 19:26:05 UTC
I'll be willing to pay 600mil for a ticket on the condition that you send me 10% of the officer item as a show of trust.

Nyan
Lhance
Sourball Kingdom
#4 - 2012-03-09 19:38:04 UTC
for trust issues etc. I will engage a third party service like Chribba.

but I am afraid whether the ticket price will be too high. But if there are so many tickets, it may run for a long time. I'd like to get some inputs from eve's businessmen. Big smile
Fracy
Caldari Provisions
Caldari State
#5 - 2012-03-09 23:05:44 UTC
600m is to high.

i would got for 100m i think. and if u do get a third party. mail me when u get ur lotto. i want to buy some
Ariana DeSoto
High-Tech Duct Tape
#6 - 2012-03-10 02:58:46 UTC
I enquire for inserting up pledge 20B. Pleasing to reply soon for timely ISK throbbing.

You pleasing to thank me,
Ariana

I don't always play EvE, but when I do, I prefer it to be a masochistic sandbox hell. Stay wardecked my friends.
Lhance
Sourball Kingdom
#7 - 2012-03-10 10:31:18 UTC
how about 120mil each and 50 tickets total? will use a real world lottery number to be fair.

Lottery plan is like this: after 50 tickets has been sold out, will pick a draw from a real world lottery like Daily 4 from Califonia lottery.

http://www.calottery.com/play/draw-games/daily-4

Choose last 2 digits as the winning number. If it is bigger than 50, will deduct 50 from the number. (e.g. if it is 67, the winning number = 67-50 = 17)

For trust issues, will engage a third party. Have talked with Chribba but haven't settled.

How about that?

@ Arina, i don't get what you mean.
Gingerlord
Center for Advanced Studies
Gallente Federation
#8 - 2012-03-10 14:59:33 UTC
It's a Goon. There isn't anything to understand.

I'm curious about setting up a lottery myself. It would give me something different to work on. Are you going to have a website setup, or just advertise in game and on here?
Lady Godwynn
Lady Godwynn Corporation
#9 - 2012-03-11 00:07:19 UTC
Lhance wrote:
how about 120mil each and 50 tickets total? will use a real world lottery number to be fair.

Lottery plan is like this: after 50 tickets has been sold out, will pick a draw from a real world lottery like Daily 4 from Califonia lottery.

http://www.calottery.com/play/draw-games/daily-4

Choose last 2 digits as the winning number. If it is bigger than 50, will deduct 50 from the number. (e.g. if it is 67, the winning number = 67-50 = 17)

For trust issues, will engage a third party. Have talked with Chribba but haven't settled.

How about that?

@ Arina, i don't get what you mean.


Apologies if my math is off but assuming the last 2 digits go to 99 maximum then every number would have
an equal chance to win if you deduct 50 - except the 50th ticket.

Yours
Lady Godwynn
Lhance
Sourball Kingdom
#10 - 2012-03-11 03:53:05 UTC  |  Edited by: Lhance
Hmmm. Should deduct when greater or equal to 50.
Elijah Bry'an Baudoin
EVE Exchange
#11 - 2012-03-11 13:34:05 UTC
Lhance wrote:
Hmmm. Should deduct when greater or equal to 50.
People seem to trust The Dice:

http://eve-files.com/tools/dice/
Lhance
Sourball Kingdom
#12 - 2012-03-11 16:30:17 UTC
made the lottery with 100mil ticket price. Used Chribba's dice. Thanks for all the inputs.

https://forums.eveonline.com/default.aspx?g=posts&t=79687