Betting
Last updated
Last updated
The betting process is very simple, similar to traditional games like Pick3. You can choose any 3-digit number (000-999), set the bet amount, and pay with $wUSDC to place the bet.
The game progresses in rounds, and participants will automatically place their bets on the latest ongoing round.
The payment token used is $wUSDC, transferred cross-chain via AOX. The minimum bet amount is $1, and the maximum is $100. No gas fees are required (though once the AO mainnet is live, there may be negligible gas fees, with the gas cost in $AO not included in the bet amount). Once the payment is confirmed, the bet is successfully placed.
Each bet generates a permanent ticket stored on Arweave, similar to a traditional lottery ticket. These tickets stored on Arweave are atomic assets, discoverable like NFTs, and have collectible value. [Example of a chain-based lottery ticket]
Minting rewards and ALTb release are tied to the Bet2Mint mechanism. Minting rewards are the basic $ALT given after a bet is placed, while ALTb release is a bonus added on top of the basic reward. Minting buffs are additional rewards for early users, and not all participants will have access to them. [Learn more about Bet2Mint]
After placing your bet, you’ll need to wait for the drawing. The results will be posted in real-time on Aolotto’s official X (formerly Twitter) and Discord. You can also check your win status or view past drawings in your personal center or the Draws page.
Aolotto offers 1000 possible numbers to choose from, so your odds of winning with each bet are 1/1000. The Bet2Mint mechanism is also applied, adding extra rewards. Generally, the earlier you bet in a round, the higher the $ALT reward you’ll earn. The later you bet, the higher your chances of winning (the last person to bet has at least a 50% higher chance of winning). Based on these rules, we recommend the following strategy:
For earlier bets, when the minting rewards ($ALT) are higher, we recommend placing a bet of $100. For example, if Player A places a bet and the Bet2Mint reward for that round is 200 $ALT, Player A would earn 200 $ALT for a $1 bet, or 20,000 $ALT for a $100 bet. As the round progresses, the Bet2Mint reward decreases for subsequent participants based on the remaining minting balance, calculated as: (this round's minting balance - 20,000) * 0.0001.
For later bets, it’s often beneficial to place the minimum bet of $1 to compete for the higher chances of winning as the last bettor.
