The Lottery Game
The Lottery Pool
The Coinsino platform wants to be a multi-token betting site hence why we want to support as many blockchain as possible and generate a lottery pool for each of their tokens.
The lottery game on the platform allows you to win supported pool tokens based on the pool you have joined and as long as your ticket passes the winning criteria. On the lottery page, there are native token pools to join, if you joined any of these pools or multiple pools and at the end, your ticket/tickets match the lottery winning numbers, then you will be able to share from your winning matching pool.
For instance, you joined ETH And BNB lottery pool on the Coinsino platform and you have different tickets
2,5,8,9,4,6ETH pool ticket7,0,0,1,9,8BNB pool ticket
And the second [7,0,0,1,9,8] matches some or the exact numbers starting from the left of the winning numbers, then you would share from the BNB pool.
It is easy, fun, and intriguing. If after the round and there are funds left in the pool, 50% of the funds will be rolled over to the next round while the other 50% of funds will be transferred to the Odd pool.
The Lottery Rules
The ticket numbers are between 0-9 On the Coinsino platform. However, 0 (Zero) can not start or end a valid ticket.
The maximum ticket one could purchase at once is capped at 50 max, but you can purchase as many max tickets as possible.
To be eligible as a winner, your ticket digits starting from the left must match the exact starting numbers of the winning digits.
Ticket discount is active on the platform and discount is better with buying bulk tickets. Discounts start from 2 tickets (0.05% discount) to the max of 50 tickets (2.45% discount). But don't forget you can always get as many Max tickets as possible.
Match first 1 = 3%
Match first 2 = 4&
Match first 3 = 10%
Match first 4 = 13%
Match first 5 = 21%
Match first 6 = 41%
Platform Fee = 8%
Guild and steps about the Coinsino Lottery.
To enter the lottery is very simple and claiming tokens after you win is the simplest of all if you understand what I mean.
After connecting your wallet and purchasing a ticket/ticket, wait for the round to draw. The draw takes place after 24hrs prior to when the lottery began.
Your ticket numbers starting from the left must match the exact digit on the winning numbers for you to be a winner. example: If you have 4 tickets with the below digits.
3, 5, 8, 0, 2, 4Ticket one5, 7,0, 0, 0, 1Ticket two9, 0, 8, 1, 1, 2Ticket three5, 7, 8, 1, 0, 1Ticket four
And the winning ticket number for that round is "5,7,8,1,2,4" then the second and fourth tickets are marked as winning tickets that match the first 2 digits and first 4 digits from the winning numbers respectively and therefore, the second ticket will share from the second pool reward labeled "Match first 2" whereas the fourth ticket matches the first 4 digits will share from Match first 4 pool.
If your ticket matches a particular pool number, you and anyone who matches that pool will split the pool funds equally. For example; The fund pool in "match first 2" is $4000 and if 4 people matched that pool, each user will receive $1000.
The Pool Prizes
The prizes for each lottery round come from these two sources:
The funds could be from the team or a grant proposal.
100% of the native tokens paid by people who purchased tickets for that round go back into the prize pools.
The Coinsino platform currently doesn't have a platform token to support its pool but it might change in the future "The $SIN token - coming soon.
The Unclaimed Funds
Rollover Prizes After every round
If there are no winners in one of the prized pools, 50% of unclaimed tokens for that batch roll over into the next round and are redistributed among the next round prize pools. Meanwhile, the other 50% is transferred to the odd pool for betting continuity and platform improvement.
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