Bitcoin Lottery is a straight forward online betting endeavour that allows participants to register and win bitcoin. No stakes are necessary, and it’s free to join in. Sounds too good to be true, right? What’s the catch? Well, read on for answers to those questions and more…
This online betting site generates revenue through advertising. Basically, the more traffic and clicks it attracts, the more revenue the site owners earn from their advertisers. This explains how and why Bitcoin Lottery is completely free to play. The user base appears to be very small, and the prizes fluctuate between not very much and not a lot.
The site can be accessed via browser or Android or iOS mobile devices. Very little information regarding Bitcoin Lottery’s background, history, licensing and regulation etc. is available, unfortunately, so we can’t offer much comment on that.
First things first, Bitcoin Lottery is as far and away from your classic online bitcoin casino as you can get. There are no poker, roulette, baccarat, blackjack or dice games here, no bitcoin slots, no bells and whistles, this is just a plain sign up and try your luck arrangement. Not necessarily a bad thing, but it’s important to level your expectations accordingly.
To be in with a chance of winning on Bitcoin Lottery, you do need to register an account. This sign up process is not a long winded affair at all, and simply entails providing an email and a bitcoin wallet address, and that’s all there is to it. In fact, that’s the beginning and end of your interaction with the site right there. There’s no games to play, no forms to fill, numbers to count etc. From this point all you have to do is check the site regularly to see if you have won. The site will send you email notifications of your inclusion in subsequent draws.
We have to emphasise this point. If you want to know whether fortune has favoured you, then you really must pay attention to the winners list which is published on the site daily. Don’t be slack though, as if not claimed within 24 hours, all prizes are forfeited and absorbed into the next draw’s prize fund
As pointed out above, to sign up for an account at Bitcoin Lottery takes no time at all. Registration only requires that you provide an email and bitcoin wallet address. Hence, participation at Bitcoin Lottery can be as anonymous as you wish it to be.
Having read this far, it should go without saying that Bitcoin Lottery offers no promotions, bonuses, player incentives, VIP club or loyalty reward schemes. You sign up, you get entered into the draw -there’s no more to it than that.
Deposits and Withdrawals
Again, deposits and withdrawals do not apply to this online bitcoin lottery. If you get lucky and your address gets picked in the draw, then you can retrieve it while on the site by pressing the ‘Claim Prize’ button. Your winnings should then by automatically transferred to the wallet address that you provided upon sign up. Your bitcoin prize will then be transferred immediately to the bitcoin wallet address you used to register your account.
Policy Safety and Security
Bitcoin Lottery doesn’t subscribe to the Provably Fair scheme to verify the trustworthiness of it’s lottery. However, for such a simple, low budget endeavour that asks for now monetary commitment to participate, that’s hardly surprising.
Customer enquiries are handled by a Bitcoin Lottery support team that can be contacted via email or using the contact form. Both of which can be found on the ‘Contact Us’ site page. All messages are stated to be responded to within 24 hours of receipt. We could not verify if this is actually the case, however.
The Bottom Line
Bitcoin Lottery doesn’t make any great claims or set its sights high, by any stretch of the imagination. It’s intention is simple, despite the name suggesting something quite a bit more grandiose with more at stake.
That being said. There is no harm in signing up for that passive chance you may find luck to be on your side. There’s no monetary outlay necessary, you don’t have to commit to anything, and it is not necessary to provide any personal details. However, to the site’s advantage, being that it runs on advertising clicks, you do have to check every day to see if you’ve won or run the risk of your potential cash being binned.
See what you think. In this instance, we can genuinely say you’ve got nothing to lose.