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Hourly lottery - 1 ticket for a week

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Description: My idea is to have a lottery system to compete with the on-line National Lottery.

The idea would be, that someone would buy a ticket that lasts a week. Tickets as usual would cost £1. Instead of this being a normal lottery, where you hope your numbers come up, it will be based on a raffle system, i.e. one person buys a ticket and no one else enters, they will definitely win the prize.

My idea is that draws will occur every hour 24/7, when these draws happen a set percentage of the total "pool" amount will be paid, i.e. 50%/7/24 = 0.3%.

One draw every week will result in that person winning 40% of the pot, the remaining 10% to go to admin costs/profit or 5% to admin and 5% to remain in the pool.
 
Need from others: Basically, all I have for this is the idea, what I need is for funding and for someone to help me set this site up.

Also, I would like to know if anyone thinks if this is a good / bad idea. Whether or not it is worth going forward with etc.
 
Author: iteposo from United Kingdom 
More postings from 'iteposo'
Posting reviewed by: 688 users
Country of business: whole world Published on: 12 April 2005
Region of business: any Posting ID: 1318
Business Sector: entertainment Image: Not available
Business Plan
or Presentation:
Not available
 
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"ENTERTAINMENT" TAGS

online poker casino
computer gaming
game development
gaming centers
adult escort service
adult film producer
adult movies

THREADS

Hourly lottery - 1 ticket for a week  by iteposo , 12/04/2005 , 688 A user of this site directly contacted the author of this posting , No Credits needed to contact the author
Hourly lottery - 1 ticket for a week  by giwypys , 13/04/2005 , 442, 3 Credits needed to contact the author
Hourly lottery - 1 ticket for a week  by ITEPOSO , 13/04/2005 , 584 A user of this site directly contacted the author of this posting , No Credits needed to contact the author

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