[44205] in Cypherpunks
Re: ecash lottery (Was: ecash casino)
daemon@ATHENA.MIT.EDU (E. ALLEN SMITH)
Thu Nov 30 00:35:44 1995
Date: Thu, 30 Nov 1995 00:29 EDT
From: "E. ALLEN SMITH" <EALLENSMITH@ocelot.Rutgers.EDU>
To: tcmay@got.net
Cc: cypherpunks@toad.com
X-Envelope-To: cypherpunks@toad.com
X-Vms-To: IN%"tcmay@got.net"
From: IN%"tcmay@got.net" 29-NOV-1995 23:16:11.12
Personally, I have long had great _hopes_ for using crypto for
non-sanctioned gambling, but I'm pretty skeptical that many people will do
it. For one thing, anyone knowledgeable enough to be comfortable with the
crytography knows that gambling when a house cut exists is a lose. (And
gambling with no house cut is, at best, a wash.)
-----------------------
How about gambling on something other than random numbers? Idea Futures
are one instance, as is sports gambling for those interested in that sort of
thing.
-Allen
