There are very few processors in the US that will process this type of risk. I'm the founder of a lottery app company called Jackpocket and the compliance / due diligence is ridiculous. Now that DFS is seen as illegal and toxic its going to be near impossible to get someone to underwrite this risk. Time for Bitcoin to shine!
This is only the start of the corruption thats going on in the lottery. I'm the CEO of Jackpocket which is a mobile lottery app that we've been building pretty quietly. We're trying to bring the lottery into 2015, but a big part of our mission is bringing more transparency to the lottery and holding states more accountable to where to funds flow. I'm sure a bunch of you have seen the John Oliver video. The lottery has had a lot of dirty stories behind it. Really needs to be cleaned up because at the end of the day a lot of states need the revenue for social services.
Shameless promotion: If anyone is interested in giving our beta a try you can go to http://get.jackpocket.com for iOS or go to www.jackpocket.com on your Android device to download the APK
I think you actually understand contractual law. We've made an agreement that the ticket belongs to you, and back that agreement up with documentation showcasing that its been purchased and its been purchased on your behalf. You are the rightful owner. I would be impossible for us to cash it in. Any court of law would uphold that the ticket is yours. We have no ability to not keep our promise.
Actually a lot more secure then buying anywhere else. You actually get a digital receipt timestamped with your ID attached to it. Not to mention a picture of your ticket. You end up loosing the winning ticket and its anyone's to claim.
We've been super quiet about this and are not really ready to ship yet (bunch of bugs) but decided to let you guys give it a try since the Mega Millions is so big.
If you're on iOS you can use the code "money" to try it
Yea thats what I am getting at, but I also feel that when your an entrepreneur you have an attitude that may not be in line with a more corporate setting.
After coming off a failure I think the part that really resonated with me talking about the fear of disappointment. I've been so afraid of disappointing others that believed in me and thought they wouldn't look at me with the same amount of respect. What I've found is that they saw it as much more of accomplishment then I almost did.
The other part is "You’re unemployable. You’re an entrepreneur." I am now in the process of meeting lots and lots of companies, big, small, new, old, re-invented and I'm finding that maybe its a case of once you've been a CEO you will always be a CEO. We will see what comes.
No I use the term "current location" as Facebook labels it. You are correct in saying that other platforms call this differently but they are all asking the same general question. "Where do you normally live now". I think you are incorrect in the sense that this shouldn't be a supported part of the API. If your platform is based on Geo (Like Foursquare) then you can of course utilize additional checkins to help solidify the concept of a users "current location" but I still think its really important to index properly. These design decisions that you talk about were implemented before they were supporting geo tags in the API. I think its an easy design change to support this methodology. The platform, the users, and the developers would all gain.
Na, not trying to take anything away from anyone. Just want to know how this works in all honesty. Thought it was exponentially effected by time. Does anyone know the actual algorithm?
Plus I am totally cool with them yanking the tickets. If they would have said not to do it I would have removed them myself.
Not sure if its better to go with having the brand name there or not. I think its cooler with just cloudy, but runs the risk of no one knowing who its from....
You are right in terms of SEO. On a funny note if you search Tripl on Google, our SEO is so bad it comes up as domain description we originally bought. Google must of done some re-indexing. We are trying to fix that this week by using a site index.
headline changed :) I didn't mean to put TC down, as I am a reader there everyday. The point of the post was to showcase how much more traction a hacker news link can create than a TC article. I think there is thought by many startups that being published on TC is the answer to success. I illustrated that its not the case.