Win Bitcoins Online with Lottoland

If you follow the financial news, you may have read something about cryptocurrencies and their immense valuations in recent years. The original and still the most famous of them all is of course Bitcoin.

Created in 2008 by a group of visionary programmers, (or at least that's what we believe), Bitcoin has made incredible profits for people who believed in its potential early on. Norwegian man Kristoffer Koch was one of those, as the 5,600 bitcoins he bought in January 2010 for around $27 were worth well over four million Norwegian kroner ($680,000) by the time he decided to sell them in April 2017. Not a bad return on his investment, and enough for him to purchase an apartment in Norway. 

Have you managed to enter the world of cryptocurrencies yet? Don't worry if you haven't. Despite the appreciation of Bitcoin making it too expensive for many people to invest in, you still have the chance to get your hands (virtually speaking) on this digital currency. And the best news is that it won't cost you an arm and a leg!

With Lottoland you can win Bitcoins. For a bet of just €3.50 on the Bitcoin Lotto, you could become the latest to win the minimum jackpot prize of 1,000 BTC! And who knows how much that will be worth in a few months or a year from now.

HOW DOES THIS BITCOIN CURRENCY WORK?

Bitcoin is a digital currency that functions organically, in a decentralized way, throughout the world. There is no company, government or entity responsible for its operation, and any person regardless of nation, creed or ethnicity has free access to buy, sell, mine bitcoins or even propose changes to the system.

The most interesting thing about Bitcoin is that sending money from one point to another does not involve a third-party agent. Transactions, both receiving and sending money, are stored on the blockchain and can be accessed via the seller's own computer or mobile devices through "digital wallets." This ensures that your money is not going to be accessed by someone else while you are not using it. There are only two parties involved in a transaction on Bitcoin: a sender and a receiver, so no need for banks or other financial intermediaries. Here's some more information about Bitcoin that you may not have known:

DID YOU KNOW THAT....

The controversial virtual currency is already a decade old and between highs and lows it has had a very interesting history in such a short period of time. To begin with we do not even know the real identity of its creator, who is known only as 'Satoshi Nakamoto'. And this project didn't always look like it was going to be a success, at first its value was so small that the first purchase made with bitcoins cost 10 thousand BTC for 2 pizzas. Seven years later, the amount transferred would be equivalent to US $90 million, which goes to show the incredible rise in value of Bitcoins since then.

The cryptocurrency also attracts enthusiasts as well as critics in the world of celebrities. While some artists already accept this "internet gold" as payment for their music, Lily Allen once turned down "hundreds of thousands" of Bitcoins to play a gig in the virtual world of Second Life, which could have made her a billionaire by now. Mike Tyson is certainly a fan, he even helped to launch a Mike Tyson Bitcoin Wallet, although that seems to have been withdrawn from sale now. 

Today, Bitcoins can be used to make purchases all over the world, even though the majority of Bitcoins is stored rather than spent. Brands such as Dell, Joox, Microsoft and Twitch are among those accepting payments with the cryptocurrency.

HOW TO EARN BITCOINS ONLINE?

Here at Lottoland we have created the world's first Bitcoin lottery, giving the option for winners to withdraw the prize in the form of the world's largest cryptocurrency.

The Bitcoin Lotto draws take place daily, from Monday to Saturday, and is based on the Spanish lottery BonoLoto.

All you have to do is register at Lottoland and bet on 6 numbers between 1 and 49 on the Bitcoin Lotto page.

No tricks and no crazy strategies: you win prizes if you get at least two numbers correct, and you can choose whether to receive the top prizes in Bitcoins or your own currency.

INCREASE YOUR CHANCES TO WIN

The probability of winning the top prize of Bitcoin Lotto (1,000 BTC) is 1 in 13,983,816 million - much easier than winning on Powerball or EuroJackpot, for example.

But if you still need a little help, you can follow some tips to improve your chances of becoming the owner of a minimum 1,000 Bitcoin jackpot.

1. CREATE A SYNDICATE

In addition to being a lot of fun and bringing a group closer together, joining a syndicate greatly increases your chance of winning bitcoins in the lottery.

The more people who participate in the game, the more lines can be bought and the closer you get to the prize pool. 

2. CHOOSE RANDOM NUMBERS

Have you ever thought about betting on combinations such as "01, 02, 03, 04, 05 and 06" or famous ones like "04, 08, 15, 16, 23 and 42" (the mysterious sequence from the TV series Lost)? If so, then the best advice is to forget that idea.

In fact, this tip is not exactly about probability, since the chance of all combinations are the same, but by betting on these familiar sequences you will probably have to share your prize with many other people who have had the same idea.

3. INCREASE THE NUMBER OF COMBINATIONS

This may sound like a pretty basic piece of advice, but it's still one of the best tips. The more lines of combinations you bet on, the greater your chances of winning rewards.

Bitcoin Lotto pays prizes for getting at least 2 numbers correct, and on average, 1 in 7 games is a winner. Those kind of odds are tough to beat in the world of lotteries.

4. BET ON LOTTERIES MORE OFTEN

Bitcoin Lotto draws happen every day, except for Sundays. This is perfect as it means that you have more opportunities to compete for the top prize.

Betting more often is simply a good, common-sense strategy for lottery success. Just as the popular saying goes: "If you're not in, you can't win!"

START BETTING ON THE BITCOIN LOTTO 

Now you know how you can get on board the Bitcoin train without having to worry about spending fortunes or wasting valuable time.

Visit the Bitcoin Lotto page and compete for the daily prizes on offer. Join the cryptocurrency revolution today!