Free Bitcoin Lottery & Bitcoin Raffle Sites
Learn about the free Bitcoin lottery and related games here. Besides, know platforms where you can buy Bitcoin raffle to stand a chance to win life-changing amounts.
What Is A Bitcoin Lottery?
You must have heard of lottery winners that made life-changing amounts at the jackpot. Lotteries are draws, usually run by the government or any other gambling entity where winners make huge amounts. On the other hand, a Bitcoin lottery offers the same potential wins, only that the players do not need to buy a physical ticket. Instead, they buy online tickets with cryptocurrency and wait for the draw.
There are many Bitcoin casinos around the world that accept players from all over the globe. Besides, Bitcoin has no country boundaries. This gives virtually any player a chance to enjoy the lottery as long as they sign up at the casino website. Virtual tickets for the e-currency lottery vary in price. However, it is usually low. Many casinos also allow players to purchase several tickets in a bid to increase their chances of winning at the casino
The onset of Bitcoin casinos has tipped the scales towards Bitcoin gambling, and online lotteries are no exception. There are various reliable currency platforms where you can buy Bitcoin raffles and stand a chance to make millions. Here is a guide on Bitcoin lotteries.
Types Of Bitcoin Lottery Games
There are several types of Bitcoin lottery games on the internet. Here is a look at some of the most popular ones.
Live Bitcoin Lotteries
Casinos run live Bitcoin lotteries like conventional live shows. Usually, a host checks the numbers that players have selected and drawn up balls to determine the jackpot winner. Some live lotteries have more than one winner, each picked from the combination of numbers provided. Usually, the winner who gets all the ball numbers correct gets to walk away with the highest prize. However, those who get fewer numbers walk away with a proportionate number of coins according to their correct numbers. One advantage of the live lotteries is that you can see the numbers being drawn. This makes it a fair competition where each player stands a chance to win life-changing amounts. Most platforms give players a few days to buy lottery tickets, after which they do a draw. Every few days or weeks, such draws take place. Check the section below to find platforms that are offering such lotteries.
Based on the Regular Lottery
This was the earliest form of Bitcoin casino on the internet. Bitcoin sites joined hands with renowned lotteries to give players a chance to win prizes besides the traditional lottery. This strategy is meant to shore up some trust as many people were getting to learn about Bitcoin. In this case, the Bitcoin lottery did not draw their winners but relied on the traditional lottery to draw and provide the winning numbers. There are strict rules governing traditional lotteries. Therefore, players are assured of reliability and security of the tickets as well as fairness when drawing winning numbers. Besides, such lotteries have daily draws, giving players a chance to win life-changing amounts each day.
Balls Drawn Provably Fair
Balls drawn Provably Fair is a type of lottery backed up by cryptography to guarantee players 100% fairness in the results. Players can even verify that the result was random with the technology. You can also verify how many tickets have been sold, the person who won and when they bought the ticket. This technology makes all this possible by creating a seed whenever balls are drawn. There is also a second seed from the player who buys the ball. Once the seeds have been hashed, the actual ball numbers are generated. The biggest advantage of this type of lottery is transparency. It is also fair, and numbers are drawn at random. Besides, most such Bitcoin draws operate on a pool system. Therefore, these platforms do not limit the amount of cash you can make from the lottery, as it all depends on what the pool has generated.
Bitcoin Lotteries through Third-Party Casino Software
There are also Bitcoin lotteries drawn through software providers at the casino. There are live game shows as well as software-based options for players to purchase tickets. Some of the leading software providers that offer such opportunities include Evolution Gaming and Net Entertainment. Players win a fixed amount instead of amounts based on the number of tickets purchased in this lottery. Besides, the prizes are calculated using a multiplier rather than a percentage, as with other conventional lottery games. Players can set their stakes when buying lottery tickets with this feature. To participate, you need to sign up at a BTC casino that offers such lotteries. You may find some free offers, such as Bitcoin casino no deposit codes, that you can use to play such games. The advantage of the offer is that software providers are highly regulated. Therefore, they are safe and fair in their offerings.
How To Play Bitcoin Lottery Online
Despite the advancement in gambling technology, the rules and procedures of a lottery have not changed. Bitcoin lotteries use the same set of rules to determine the winner. Generally, you are expected to buy a ticket from the store and wait for the lottery company to draw up numbers to win the prize.
Bitcoin lotteries have the same procedure, only that you do not buy physical tickets but online ones. Your numbers join a pool of other tickets where the winner is drawn at random. The concept of playing such games is based on the randomness of the draw. This makes Bitcoin lotteries more of a game of lack and not of skill.
While lottery is a game of luck, players employ various techniques to increase their chances of winning the jackpot. There is one of them buying several tickets in the hope that one of them will win the money. Second, players may choose low, middle, and high numbers to increase the chances of winning since the bet will cover a large set of numbers
Now that you have the background information, here is how to play a BTC lottery.
Best Bitcoin Lottery And Raffle Sites
There are several sites where you can play BTC lottery and stand a chance to win life-changing amounts. The list below includes casinos, non-casino sites, and platforms dedicated to lotteries. A few offer more than one type of lottery. Here are some of the most popular sites.
TrueFlip
TrueFlip is a Blockchain Games platform that came to being in 2016. It is an anonymous lottery based on an open-source code on a decentralized platform. Curacao eGaming watchdog regulates the platform. TrueFlip runs weekly lotteries where tickets are sold at 0.001 BTC.
This is a Ball Drawn Provably Fair kind of lottery where every detail is published. The information offered includes the distribution framework for the prize pool. Besides, the platform provides instant payouts to the winning numbers. It is a perfect platform for anyone that wishes to try their luck on regular jackpots. This platform accepts lottery players from around the world.
Fortune Jack
Fortune Jack is one of the leading Bitcoin poker sites that also offers a sportsbook and casino. It was established in 2014 and has over a thousand game titles. This casino does not provide any traditional lottery games. Instead, it offers its lotteries in the Keno games section. Keno is a form of lottery that offers some form of fixed-odd jackpots. The other difference is that the game does not provide a progressive pool to create a jackpot but provides fixed win amounts.
One of the advantages of playing at the casino is that you get a chance to set your stake. Besides, since you play against an algorithm, you can stake it as many times as you wish. Third-party providers also regulate the ball numbers to ensure randomness. You can play lotteries on the platform using other e-currencies apart from Bitcoin.
1xBit
1xBit is one of the oldest Bitcoin lottery platforms on the internet. It opened its doors in 2007 and only accepts cryptocurrency. The platform is licensed and regulated by Curacao eGaming Commission. One of the platform’s main features is its native app for the Android and iOS platforms to help players play lotteries on the Go. Besides, it is one of the few platforms on the internet that allow for anonymous use, as it does not have extensive verifications. Players just sign up and can access all features of the site without providing any documents.
The platform offers a daily lottery with an unlimited number of tickets. Besides, if your ticket does not win in the daily draws, it is included in the weekly and monthly draws. There are keno games on the platform where you can win smaller amounts every day. The platform is easy to register and use. It also provides a list of e-wallets that you can use depending on your country.
Lottoland
Lottoland is different from the BTC sites that we have discussed above. It offers the type of lottery offered by the traditional lottery platform where it draws the results. It joins hands with platforms such as the Mega Millions and EuroMillions lottery platforms for draws. However, its users are allowed to purchase the tickets using Bitcoin.
Interestingly, this platform also allows you to deposit funds in FIAT currency, but the same is converted to Bitcoin to purchase the tickets. It also does not have a definite prize system as it copies the structure of the lottery where it draws the numbers from.
On the other hand, you do not win the entire amount that is up for grabs on the traditional lottery. Instead, you would win a portion of the cash that Lottoland corrected for the said lottery. The Gibraltar Gambling Commission regulates Lottoland and offers monthly Bitcoin jackpots.
DuckDice
DuckDice is a platform whose main game is the Bitcoin dice. However, it offers some of the best lotteries in the market. It is the best to-go platform for any gambler who wishes to try their luck on a Bitcoin lottery every 24 hours. The platform hosts a game every 24 hours, long enough to allow the prize pot to grow.
The number of tickets sold since the lottery opened determines the total amount and specific prizes. Players that match 3,4 or 5 numbers get percentage wins of 20%, 30%, and 50%, respectively. If more than one person matches any of these numbers, the winner is divided evenly.
Lotteries on the platform use Provably Fair to ensure that the games are drawn randomly. There is no way that the platform can manipulate the outcome of the games. Besides, you can verify the randomness of the lottery by checking the seed yourself.
Is Bitcoin Lottery Legal?
Most of the Bitcoin lotteries are legal. There are two reasons for this. First, all the platforms where cryptocurrency lotteries are held possess licenses from particular gambling watchdogs. Therefore, they follow a set of rules that determines their engagement with the players.
Second, most jurisdictions do not regard Bitcoin as real money. Therefore, any platform that uses cryptocurrency is not considered to have contravened any real money betting law. The only case where Bitcoin lotteries can be regarded as illegal is if there is any law that expressly forbids such lotteries in a specific country.
Bitcoin lotteries are some of the modern lotteries where you can win life-changing amounts. Unlike FIAT lotteries, you bet and get your winnings in Bitcoin. There are various platforms where you can stake a lottery using Bitcoin. Your choice depends on the amount, rules, and any specific requirement of the platform. If there are any other offers on the gambling site that can help you increase your win amounts for free, make sure to take advantage of them. Read the guideline above to know what platforms you can play and how to wager on Bitcoin lotteries on the internet.
FAQ’s
Do gambling platforms indicate the prize amount before the draw?
It depends on the type of lottery you play. Fixed odds lotteries have a definite amount, while pooled ones depend on the number of tickets bought. The former indicates the expected win.
Can you play lotteries with any other currency apart from Bitcoin?
It depends on the platform that you use for lotteries. Platforms that accept other forms of e-currencies allow players to use them to play at the lotteries. Check other currencies accepted at your favorite platform.
Can you take part in more than one lottery?
You can take part in more than one lottery on the same platform at once. All you have to do is select the lotteries you would like to participate in and stake in them.
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