Lottoland launches the world’s first bitcoin lotto jackpot
Lottoland, the global leader in lotto-betting, is launching the world’s first officially licensed Bitcoin lotto jackpot. The jackpot is seeded at 1,000 Bitcoins (£14.1 million). Today’s draw will take place on at 8.30pm (GMT).
Bitcoin Lotto will offer players in the UK the chance to join the Bitcoin boom. The new product is available at www.lottoland.co.uk. Draws will take place daily apart from Sundays.
Bitcoin Lotto is based on the most popular lottery format in the world – 6/49 (choosing 6 numbers out of 49 balls); the odds of winning the Bitcoin jackpot are 14 million to 1, which is ten times more likely than winning the EuroMillions.
Bitcoin Lotto is backed by Lottoland’s insurance model, guaranteeing all pay-outs and giving customers access to the largest lottery jackpots in the world. To-date, Lottoland players have already won over £847 million on the website.
Regarding the launch of Bitcoin Lotto, Lottoland CEO, Nigel Birrell, said, “We’re pleased to be able to announce the launch of this world exclusive lotto betting product. 1,000 Bitcoins are already worth £14.1 million today, but might be worth double that by tomorrow. Bitcoin is a worldwide phenomenon, and Lottoland is giving our customers the opportunity to get involved.”