> For the complete documentation index, see [llms.txt](https://flippin.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://flippin.gitbook.io/docs/utility/games-of-chance.md).

# Games of chance

> ## [Lotteries: A Waste of Hope](https://www.lesswrong.com/posts/vYsuM8cpuRgZS5rYB/lotteries-a-waste-of-hope)
>
> "The classic criticism of the lottery is that the people who play are the ones who can least afford to lose; that the lottery is a sink of money, draining wealth from those who most need it. Some lottery advocates, and even some commentors on *Overcoming Bias*, have tried to defend lottery-ticket buying as a *rational purchase of fantasy*—paying a dollar for a day’s worth of pleasant anticipation, imagining yourself as a millionaire.
>
> But consider exactly what this implies. It would mean that you’re occupying your valuable brain with a fantasy whose real probability is nearly zero—a tiny line of likelihood which you, yourself, can do nothing to realize. The lottery balls will decide your future. The fantasy is of wealth that arrives without effort—without conscientiousness, learning, charisma, or even patience." - **Eliezer Yudkowsky.**

Although a sink for hope with the real probability of winning that is nearly zero, lotteries as noted above could be defended as a fantasy purchase that is worth only for the feeling of imagining yourself a millionaire. 

Nonetheless, we think Raffles are more realistic as there is always a winner as opposed to lotteries which might not have any winner for each draw. Also, low odds Raffles are more entertaining and engaging within communities as the actual chance of winning is REAL.

### **Chances of winning the lottery**

**The Game**: You select six numbers from 1-59. Six numbers are drawn plus a seventh "bonus ball". (Euromillions & US Powerball)

Here are the approximate chances of matching the drawn numbers:

• JACKPOT (matching all six numbers): **1 in 45 million**

• FIVE + THE BONUS BALL: **1 in 7.5 million**

Although the raffle prizes are smaller, it is always better to approach something achievable and have an actual chance of winning than dreaming of a multimillion-dollar prize with nearly 0 chances. 

### Provably fair games

All games are 100% verifiable through a provably fair algorithm that uses blockchain and cryptography to determine the winners.

#### Raffle

<figure><img src="/files/XPVLKnGMAL074USrDQ8f" alt=""><figcaption><p>Raffles</p></figcaption></figure>

#### Duel

<figure><img src="/files/zsKiBMqCXYoXfg0OK5l1" alt=""><figcaption><p>Duel P2P game</p></figcaption></figure>

#### Coinflip

<figure><img src="/files/SqHaGMuZhfcwMhGyyHFK" alt=""><figcaption><p>p2p Coinflip</p></figcaption></figure>


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