YABTCL, “Yet Another Bitcoin Lottery” is the most complete provably fair lottery system available so far. It’s an open source algorithm for random seed generation, hashing, and for the random number generator.
YABTCL website is clear and simple!
Only a Bitcoin address is needed preferably one that you can sign messages with and a password. They strongly recommend a wallet where you are in control of your private key (like Bitcoin Core or Blockchain.info Wallet). You will see, some features are only available through message signing (Bitcoin Core client format).
You can also play without registering using addresses available on the website, to buy random tickets. But if you win, they will return the winnings to the address that sent the amount to their address. You must send your transaction through an address you have control over it.
In my view, registering is better. You will get a temporary address that can be used to fund your account from any wallet and you will be able to participate on pools and also choose the numbers to your tickets.
Investments at YABTCL
Only Registered Users
can invest. To be able to keep the jackpot for 6 hits with a minimum of 1000 BTC, everytime this jackpot is lower than 1000 BTC the investment will be opened. Investors will receive half of the house profit (2%) and you will earn income until you profit 50% of your initial investment. It means that, if you invest 1 BTC, you will stop earning at 1
The minimum investment is of 0.001 BTC
How To Get Bitcoins For Free
You can get bitcoin for free through their Bitcoin Faucet, Free Lottery and through their Referral System.
YABTCL is the first Bitcoin lottery to offer a multi level affiliate program; you will receive profit from three levels below you. The percentage for the first level is 10% of the house profit, the percentage for the second level is 8% and the percentage for the third level is 7%.
And there’s more!
The player with the bigger score will be the referrer:
- Of the players that didn’t reach YABTCL through a referral link
- The referrer of all the random tickets bought by players that used one of YABTCL Anonymous Adress until the next draw.
Investing, buying tickets, creating pools and buying quotas in pools raises your score and when you are only Wining shares of the jackpots, receiving profits from your investments, receiving revenue from the referrals, divesting and receiving profit from quotas bought in your Share-a-Ticket pools, your score decreases.
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