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MTV Jackpot

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Yaqweds
Traffic Value: $13,423.66104 Slovenia
4 like this post 0 people
02/09/2016 17:22
I'm wondering why we still don't have a Jackpot here at MTV community? I remember lotto, not sure what happened but it was another source of income.
Anyways, I've come up with a copy version of Eurojackpot with a little different money distribution.
As many of you know, ticket for Eurojackpot costs 2,20€ ($2.47) and there is a 10 million € prize guaranteed in the first round. I would ignore the latter, at least initially, later could be set some opening sum...

The rules would remain the same as they are for Eurojackpot. You pick 5 numbers among 50 numbers in the first pot and 2 bonus numbers among 10 numbers in the second pot. 50% of ticket price goes to MTV for dev. funds or whatever, 50% to the pool. Here is the winning list, don't know a percentage for each prize. I didn't search for it.

5+2 Jackpot
5+1
5+0
4+2
4+1
4+0
3+2
2+2
3+1
3+0
1+2
2+1

Since I know $1.00 is high price for one ticket, I thought for example $1.00 could be a max. like a standard amount and $0.10 could be a min. Let me explain it.
You buy a ticket at whatever price you want in between those two amounts. If you buy a ticket let's say for $0.50, $0.25 gets MTV, the other half goes to the big prize. If you win (assuming jackpot is $10000) you don't get $10000, instead you win $5000, another $5000 transfers to next round. Just look at the percent share. For paying $0.80 you'd get $8000 and so on. The same goes for other - smaller winnings.
The max. ticket price could be higher but winnings would be inversely smaller.

With that ticket price range I think most of users would participate in a game and at the same time we'd still maintain a reasonable jackpot.

However, I'm still confused why something similar hasn't been implemented yet, I think it doesn't cost much and can be done in a relatively short period of time or...? Thoughts?
casio8978 - Forum moderator
Traffic Value: $14,531.83197 Slovenia
1 like this post 0 people
02/09/2016 17:30
I like your idea, but we should pick numbers between 1 and 20 maybe.. (it should be calculated what would be good number)
you see how hard is to win jackpot (5+2) with all european players.. with only MTV users playing it will take forever to see jackpot
ratje2000
Traffic Value: $4,984.48385 Netherlands
5 like this post 0 people
02/09/2016 18:36
Daily Lotto was a product of ours, and to date the worst resulting product we've ever created. Probably the reason why this has not been done yet.
ccarlosdulce
Traffic Value: $14,551.54628 Belgium
1 like this post 0 people
02/09/2016 19:39
...or... we can pay an amount to MTV and with all the money MTV can buy a multiple ticket .. if we win the amount is divided between all the players ! We should have more chances if we pay all the same tickets wink

Of course MTV can get a percentage for the service wink
Yaqweds
Traffic Value: $13,423.66104 Slovenia
1 like this post 0 people
02/09/2016 20:16
Agree casio, numbers should be calculated from scratch.

Ok ratje, as I said, I think that this is not a huge project to implement, neither is costly.. and we have much more users than back then. In my opinion many people would rather buy a ticket for MTV Jackpot than play slots and try to win it there. Still, majority of users don't 'gamble' but you know, when you look at 4, 5 digit number somewhere on the site as a reward, it makes people buy it with one click or so, you need time and nerves for playing...

Now imagine ccarlosdulce we "lend" $5000 to MTV, $1 each user.. We win a jackpot and MTV gets $2500 (50% or whatever percentage), $2500 is divided among users so each user gets back $0.5. It's not really a jackpot since you even lose $0.5smile You can always buy multiple ticket for yourself, like in lotto or any kind of game with jackpot.
Government
Traffic Value: $3,452.27332 Philippines
1 like this post 0 people
03/09/2016 01:24
My opinion is that getting any idea implemented through this form is going to be hard. I think everyone can come up with ideas that are good for the site. I just don't think the focus right now is implementation of new ideas.

I recommend you and anyone else with a good idea to join my skype group. I will bump the thread now for the skype details.
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