Starting from 20th May 2022, each draw is based on the Polygon blockchain in order to guarantee transparency and fairness
Mechanics
1. Entries assignment
Everyday all players who have placed at least one bet the day before will receive a number of entries that will participate to the daily draw.
Every day, you will receive:
up to 5 entries depending on the amount you bet on sport the previous day
up to 5 entries depending on the amount you bet on casino the previous day
up to 5 entries depending on the number of bets you placed on sport the previous day
up to 5 entries depending on the number of bets you placed on casino the previous day
1 entry for each day you placed at least one bet during the 15 days before. If you placed at least 1 bet every day during the past 15 days, you will receive 15 entries.
The number of entries you receive for each criteria is proportional to the average amount that players on 747 score on each criteria. For example: if the previous day the average bet amount on sport of all players on 747 is 1,000 php and you have bet 1,000 php, you will get 5 entries. If you have bet more, you will still take 5 entries, and if you bet less than that, you will take less entries.
Entries are numbered starting from 1.
Entries are made of two parts: Class and Serial. The class indicates the day and the serial indicates the progressive number of the entry in that day.
For example, the entry 9EK 24552is to be read as:
9EK is the class, standing as day identifier (25 May 22),
24552 is the progressive entry number for that day.
In the same day all players will receive entries with the same class.
The number of entries generated every day are shown here.
2. Draw
Each prize will be drawn at a specific time.
There are 11 prizes drawn every day for a total jackpot of 45,000 PHP.
The draw starts every day at 8:00pm Philippines time (12:00pm GMT time).
The first drawn prize is the least valuable one and the last drawn prize is the most valuable one.
There is a draw every 2 minutes.
The last prize is drawn at 8:20pm Philippines time (12:20pm GMT time).
To draw each prize, we use the Polygon blockchain. The blockchain is an immutable, decentralized and distributed ledger that nobody on earth can tamper and that everybody on earth can verify. This assures everybody that each draw is legit.
After each draw an email is sent to the winner and the prize credited to the player account on 747.
3. How to be sure it's legit?
The system retrieves from the Polygon blockchain the block number that was created exactly at or slightly before 2 minutes before the draw time. For the draw occurring at 8pm, the system will consider the block created at (or slightly before) 7:58pm; for the draw occurring at 8:02pm, the system will consider the block created at (or slightly before) 8:00pm and so on.
Once the block is determined, the system takes its hash code and from such a code, it extracts up to 19 digits reading left-to-right.
The resulting number is then divided by the number of entries of the day, the remainder of the division is taken and "1" is added. This is the winning entry number.
Example of draw and verification
On the website www.747raffle.com you can see the latest winners. Let's take the lucky winner of the first prize for the draw of 24th May.
The winning entry class was 9EK (and all participants had entries with the same class).
The winning number was 24552. Let's see why.
The time was 20:20 and therefore the block considered by the system was generated 2 minutes earlier, that is, at 20:18 (or slightly earlier).
You can see that the Hash code of this block is "0xb5ef80229f38af0e8cab74bd083975f19698c368b8e9cc4d90d73f387e16e1b3".
Extracting 19 digits, left-to-right you will get: 5802293808740839751.
From this link you will see that the number of entries for 24 May was 65960.
So the formula is: 5802293808740839751 / 65960 = 87966855802620 and the remainder is 24551 to which we have to add 1 = 24552, which proves that the draw is correct.
A faster way to calculate the remainder is to use the windows calculator and using the "mod" button as shown below:
Can you help me win?
Absolutely, strictly, NO. There is no way that we can influence this system and everybody can verify it.
Can I win multiple times in the same day?
Yes.
Can I withdraw the won amount?
Yes.
How many chances do I have to win with just 1 entry?
This changes every day, because every day there is a different number of entries. You can check here to see the number of entries generated every day. If you have 30 entries and the generated entries are 65000, it means you have 1 out of 2166 (65000/30) chances to win.
747 Daily Raffle - Legit? How to win?
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