âLucky Round (LURO)
Welcome to Lucky Round (LURO), a fully decentralized blockchain game where you can win all bets of other users! This manual will guide you through the rules and the game process.
Last updated
Welcome to Lucky Round (LURO), a fully decentralized blockchain game where you can win all bets of other users! This manual will guide you through the rules and the game process.
Last updated
Lucky Round (LURO) is a live lottery game that lasts fixed period of time and is fully decentralised. The goal is to place a bet and buy a share in the current round. The more you bet, the higher your chance of winning.
Starting the Round: Each round of Lucky Round has fixed duration (can be 5 minutes or 1 day - see in LURO Terms. Once the round starts, players can begin betting.
Betting: During the round, players can place any amount of bet. Each bet represents a share in the round, and the more you bet, the higher your chance of winning. Each user has a unique color, representing their share and probability of winning.
Winner Announcement: After Round ends, the random number is generated by CHAINLINK VRF and based on this the winner is chosen. Winner wins 95% of all bets from that round. The remaining 5% forms a bonus.
Connect Wallet: Connect your wallet to Betfin.
Select Timeframe: Choose the active timeframe you want to bet in.
Place Bet: Enter the amount you wish to bet and wait for confirmation through your wallet.
Bet regularly to increase your chances of winning.
Place your bets early in the round to take advantage of the bonus.
Split your bets into multiple rounds to diversify your chances.
End of Round: After the round time finishes. No further bets are accepted.
Random Selection: The system randomly selects a winner from the players who bet in that round. This selection is transparent and recorded on the blockchain. The winner is announced as soon as the random number is received from Chainlink VRF.
Winner Notification: The winner is notified, and 95% of all bets from that round are automatically transferred to their account. The remaining 5% is distributed as a bonus. Additionally, 3.6% of the winnings are allocated to conservative staking.
Allocation: 5% of the total bets in a round form the bonus pool.
Logic: Bonus is distributed according to coeficient of size and order of bets. First bet out of 10 will have order coeficient of 10 and last will have coeficient of 1. Size coeficient matches the bet size.
Decentralization: Lucky Round is a fully decentralized game, meaning no central authority can manipulate the results or revert bets
Blockchain: All bets and results are recorded on the blockchain, ensuring full transparency and security.
Randomness: Winners are chosen randomly - see Random Number Generationby chainlink VRF
Contribution to Staking: 3.6% of the winnings are allocated to conservative staking.
If you have any questions or need assistance, feel free to contact our support through the Lucky Round website.
Enjoy the game and good luck!
We hope this manual helps you easily and quickly get involved in the Lucky Round game. Happy betting!
