The ETHLOT gambling platform is based on the Ethereum blockchain smart contract. All games are completely autonomous, winning or losing in ethlot depends only on your luck. The ethlot.me gaming platform consists of two parts: a lottery and an auction. In each part, you will find different interesting games.
Contents:
Description of the ETHLOT project
Games are based on the smart contracts. The code is open, so all game entries are open and transparent, and the whole process ends automatically. The smart contract algorithm can ensure that neither gaming operators nor miners can control the outcome of bets.
Press the lottery in the house and enter the room. Set your bet amount. Confirm your choice to pay. Confirm the transaction in Metamask and get the lottery number.
Lottery rules:
| Firstly | Each room has a fixed amount and a prize pool. |
| Secondly | The price of each purchase is fixed, the number of purchases can be set freely. You can receive one number at a time. The more numbers you buy, the more likely you are to win. |
| Thirdly | After the purchase, wait until the total amount for the drawing is accumulated in the room. The winning number will be announced automatically in accordance with the draw rules. |
To participate in the auction, enter the appropriate page and click "Pay". Confirm the transaction in Metamask. Each period will have a lottery prize pool + betting prize pool and the prize pool will accumulate continuously. Every time you click to place a bet immediately, the countdown of 300 seconds will restart after the trade is made.
The dividend pool shares the platform's profit with all players. Users, who own the capital, will have the right to share the pool of dividends every day, and the capital that does not belong to them will not participate in the distribution. All 20% of ETH, participating in the auction, will be automatically transferred to a dividend pool to reward users, who already have funds.
Additional information
The site does not have a WhitePaper document, but there is a large section with answers to questions. Also, some information is available on the main page.
You can receive dividends if you own shares. To do this, you must do one of the following:
- get one referral successfully;
- join the game and spend 0.01ETH;
- or buy shares for ETH (1ETH = 1000 shares).
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