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Thread Statistics | Show CCP posts - 0 post(s) |
Cista2
Phoibe Enterprises
25
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Posted - 2014.11.20 08:56:36 -
[1] - Quote
Link to Pyramid #1. This is my version of a fair and predictable pyramid scheme, where the money is redistributed among participants and not taken by the organiser in one sweep at the end.
How the pyramid works. Each ticket costs 1 million isk. Each layer is roughly twice the size of the layer above it, starting with 10 tickets in the first layer. There is no limit to number of tickets you buy. Your win comes when the next pyramid layer below you is filled. Your win will be 2 million isk per ticket. Schematic of the working pyramid.
How the pyramid ends The pyramid will close when no new tickets have been sold for 5 days, or when no layer has been filled for 10 days. At the time of closing there will be players from 1-+ layers that have bought tickets and not gotten a win yet, and these are the GÇ£losersGÇ¥. All the money that came from tickets sold in the last layer is pooled and returned, so that these win-less players will share their loss. The money returned can be close to nothing, or it could in theory be almost 2/3 of the buy price of the tickets, but most likely it will be less than 1/3 of the buy price. Schematic of the closing pyramid.
How does Cista2 make money on this? I make the growth rate of layers slightly larger than doubling (10-20-45-100 etc). As more layers are added, this will provide the organiser a nice percentage profit along the way. I will take no percentage of the closing payout. In other words, I do not make money by ending this game, but by maintaining and repeating it succesfully.
Credentials Earlier uncollateralised projects - 265 bn isk have been paid out. Feel free to make a copy of the rules.
Want to join? Go to next post! |
Cista2
Phoibe Enterprises
25
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Posted - 2014.11.20 08:59:33 -
[2] - Quote
Current layer: Layer 1 Size is 10 tickets. 1 million isk per ticket - send isk to Cista2 now. Buy as many tickets as you want - you can buy into the next layer also.
Important! I will fill the layers in order of isk received to the Cista2 account, not in order of posts! If you are anxious about getting into a specific layer, mark your isk transfer with GÇ£Only layer 3GÇ¥ or similar, and I will return your isk immediately if they did not get into layer 3.
Size of upcoming layers: 20, 45, 100, 200, 450, 1000, 2000, 4500 etc
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Ria Nieyli
23456
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Posted - 2014.11.20 09:46:42 -
[3] - Quote
Roll on layers 1 & 2.
Clone Grade Nu
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Elvandari
Valheru industries Imperium of Rising Luna
3
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Posted - 2014.11.20 14:21:11 -
[4] - Quote
is ther epossible to let`s say send you money for layer 3 and 5 at the same time? or do i need to send for layer 3 then wait and send for layer 5 when it`s open? Because i kind of find it pointless to fill 2 layers going directly one after another :D |
Cista2
Phoibe Enterprises
25
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Posted - 2014.11.20 14:53:30 -
[5] - Quote
Elvandari wrote:is ther epossible to let`s say send you money for layer 3 and 5 at the same time? or do i need to send for layer 3 then wait and send for layer 5 when it`s open? Because i kind of find it pointless to fill 2 layers going directly one after another :D I think that would not be in best sporting spirit, so better send just one lump of money. |
Turk Madden
State War Academy Caldari State
0
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Posted - 2014.11.20 16:22:09 -
[6] - Quote
Layer 3, 45 tickets. Isk sent. |
Cista2
Phoibe Enterprises
25
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Posted - 2014.11.20 18:46:19 -
[7] - Quote
Right, next up is altogether 100 tickets in layer 4. |
Ria Nieyli
23538
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Posted - 2014.11.20 19:00:32 -
[8] - Quote
Cash for 30 tickets sent.
Clone Grade Nu
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Artemis Scat
University of Caille Gallente Federation
0
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Posted - 2014.11.20 19:59:25 -
[9] - Quote
25 tickets; 1m each; 25m total; isk sent to cista2. |
Daisuke Aoki
Ethereal Skies Voices of a Distant Star
9
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Posted - 2014.11.23 15:30:51 -
[10] - Quote
So wait, can you buy tickets for an upcoming layer that hasn't opened or not? |
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Cista2
Phoibe Enterprises
28
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Posted - 2014.11.23 18:16:33 -
[11] - Quote
Daisuke Aoki wrote:So wait, can you buy tickets for an upcoming layer that hasn't opened or not? You can fill up the current layer and continue into the next and fill that fully or partly.
Remember you do not win by adding to some layer or other, you win when someone else fills the layer after you |
Daisuke Aoki
Ethereal Skies Voices of a Distant Star
9
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Posted - 2014.11.24 13:44:31 -
[12] - Quote
I'm in for remainder of level 4 then. 55m ISK sent. |
Cista2
Phoibe Enterprises
28
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Posted - 2014.11.24 18:07:44 -
[13] - Quote
Daisuke Aoki wrote:I'm in for remainder of level 4 then. 55m ISK sent.
If you wanted strictly layer 4, then you send 10 mil isk too many, so I returned those.
We are thus into layer 5, with 200 tickets up for sale! |
Kyra Lee
Radio New Vegas
0
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Posted - 2014.11.24 20:16:38 -
[14] - Quote
I sent 45Mil in for Layer 4 but it filled up before my i sent in my isk. I have not received a refund and I dont see myself as a listed participant. Does the refund come at the very end of the pyramid or what? |
Cista2
Phoibe Enterprises
28
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Posted - 2014.11.24 21:28:31 -
[15] - Quote
Kyra Lee wrote:I sent 45Mil in for Layer 4 but it filled up before my i sent in my isk. I have not received a refund and I dont see myself as a listed participant. Does the refund come at the very end of the pyramid or what?
Actually there was a mistake, your isk came days ago but I never saw the transfer (I believe you did not post on this thread).
But, now I have seen your transfer, so the tickets in layer 4 are yours, and I will return the remaining isk that Daisuke Aoki sent today, because he also stipulated layer 4. |
Kyra Lee
Radio New Vegas
0
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Posted - 2014.11.25 00:03:18 -
[16] - Quote
Sorry! I'm new to this forum and am still figuring out the rules. Thanks for fixing it. :) |
Sirrun
Bro's N Drone's
0
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Posted - 2014.11.25 04:14:21 -
[17] - Quote
50mill for layer 5 sent. |
Farg VoDeninard
VonD Corp
0
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Posted - 2014.11.25 05:39:56 -
[18] - Quote
100M sent for layer 5 |
Barakach
Caldari Provisions Caldari State
208
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Posted - 2014.11.25 21:33:05 -
[19] - Quote
Interesting twist on gambling. |
Artemis Scat
University of Caille Gallente Federation
0
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Posted - 2014.11.25 21:59:25 -
[20] - Quote
Barakach wrote:Interesting twist on gambling.
That is exactly what it is.
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Turk Madden
Brutor Tribe Minmatar Republic
1
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Posted - 2014.11.25 23:57:54 -
[21] - Quote
Isk received! Thanks! |
Quinn Cooke
The Scope Gallente Federation
14
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Posted - 2014.11.26 00:03:50 -
[22] - Quote
50M for layer 5 sent.
doesnt play well with others
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Artemis Scat
University of Caille Gallente Federation
0
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Posted - 2014.11.26 00:56:53 -
[23] - Quote
Payment received, thanks |
Cista2
Phoibe Enterprises
30
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Posted - 2014.11.26 00:57:31 -
[24] - Quote
That means layer 5 is filled, and layer 4 has now been paid their wins
We head into layer 6 now with 450 tickets. |
Elizabeth Norn
Nornir Research
436
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Posted - 2014.11.26 01:01:54 -
[25] - Quote
450m for layer 6 sent.
.
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Daisuke Aoki
Ethereal Skies Voices of a Distant Star
9
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Posted - 2014.11.26 02:26:23 -
[26] - Quote
Ah what the hell....500 million sent for Layer 7 |
Cista2
Phoibe Enterprises
30
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Posted - 2014.11.26 09:25:11 -
[27] - Quote
We are thus well into layer 7 now, while the participants from layer 5 have received their wins. |
Farg VoDeninard
VonD Corp
0
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Posted - 2014.11.26 10:56:10 -
[28] - Quote
Layer 5 payout received with thanks! |
Sirrun
Bro's N Drone's
0
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Posted - 2014.11.26 12:24:29 -
[29] - Quote
Can also confirm layer 5 payout received.
Hurray for free money! |
Kyra Lee
Radio New Vegas
0
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Posted - 2014.11.26 14:54:07 -
[30] - Quote
Confirming payout of my part of layer 4. Thanks! |
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