At the time we did this review, the site claimed that it had 4,462 registered users and that it had already awarded 0.4610 BTC in prizes. The highest prize awarded is said to be 0.0935 BTC. Certainly, these numbers are nowhere near impressive but they should not discourage you from considering this site as one of your online bitcoin betting options.
Bitcoin Lottery is mainly advertising-driven and partly donation-driven. It’s a BTC gambling site that does not ask for money from its players. There are no registration fees. Even better, you don’t even have to place a bet or buy a ticket. It’s really as free as free can get. These should explain the relatively low prize figures mentioned earlier. You can’t expect to hit Powerball-like prizes and you shouldn’t. After all, this site does not even try to take any bitcoin from you.
Get to know more about this site that provides you opportunities to get bitcoins online by going over our Bitcoin Lottery review.
We have to make this clear. Bitcoin Lottery is not like your typical online bitcoin betting site. It’s not designed to keep you on its page for a long time. If you are looking for a full-fledged online casino with a wide variety of online games, this is not the site for you. Bitcoin Lottery offers just one game. Obviously, it’s a lottery game. There will be some waiting time. You don’t get to enjoy the thrill and fun of fast-paced bitcoin table games or bitcoin live casino sites.
To play on Bitcoin Lottery, you need to have an account. Essentially, what you are doing during the account registration process is simply the registration of your bitcoin address. The registration will get your bitcoin wallet address included in all of the draws. You will receive an email confirmation regarding the inclusion of your bitcoin wallet address in the draws. You actually don’t have to do anything much to play. You just have to wait for the daily lottery results.
There is at least one winner each day. According to Bitcoin Lottery’s FAQ page, the winner is “selected randomly.
As the site’s name implies, Bitcoin Lottery is a lottery that uses bitcoins as its only currency. All winnings are in bitcoins or BTC. Prizes are stated in BTC.
Again, there is no depositing involved in Bitcoin Lottery. If you play on this bitcoin lottery site, you don’t have to make any deposit. All you need to do is to get an account or register your bitcoin wallet address. Once you successfully get an account and have your bitcoin wallet address included in the lottery, you just have to wait if you win. There’s nothing else to do but to wait.
Moreover, there is no withdrawal function on Bitcoin Lottery. Well, that’s rather obvious since you are not making any deposit. However, you have a Claim Prize button on the site. If you win, you just have to log into your account and click on the Claim Prize button. The prize will be transferred immediately to the bitcoin wallet address you used to register your account. It’s a one-click process. However, as mentioned earlier, if you happen to be the winner of a prize, you need to make sure that you claim your prize within 24 hours from the time the winner was announced. Otherwise, you will lose the prize. The amount will be sent back to the prize fund, increasing the prize for the next draw.