Splinterlands Raffle Tickets (Estimated) Value

in #splinterlands3 months ago

Yesterday, the long awaited Splinterlands raffle took place. What an exciting day! Let's check if it was all worth it and how much I earned.


youtubethumbnail.png
Graphic created with The Logo Creator Software - Source Splinterlands Logo

What Were Raffle Tickets?

Raffle tickets were handed out during the Splinterlands land presale. For every $1 you spent, you got 1 raffle ticket.
You could also get some extra tickets by providing liquidity to the Uniswap tool.
And of course, there were plenty of tickets available on the second-hand market. You could buy them on Hive-Engine or in private deals on Discord.

About $100 000 worth in prizes could be won during the lottery. Lands, Untamed and Dice packs and all kinds of different totems had been added to the prize pool.

Prize pool:


prizes.PNG
Source

Calculations about how many tickets were actually sold revealed that the chances of winning one of the prizes were 1/15 on average. Of course, some people didn't make that average, others went way over. That's the thing with averages, right?!


My Tickets

I purchased a good amount of land during the land presale, and provided liquidity to the uniswap tool.
During the last couple of hours, FOMO kicked in and I bought another 100 tickets on Hive-Engine for about 1.2 Hive.

I ended up with 1760 raffle tickets. I realize I got pretty lucky - a lot of people had way less tickets, and way less chances to win something.

But in the end, it all comes down to luck... Even if you had only 1 raffle ticket, you could have won the main prize, which was a full region (1000 land plots.)


Excited

I was pretty excited about the raffle - weren't we all? After all, there were some great prizes to be won.

I kept an eye on the countdown timer all day long, like time would go faster by just looking at the it, lol. Unfortunately, it didn't.

I don't think I was the only one, though. Discord and Telegram were full of people counting down impatiently. It was fun to see how excited everyone was.

Once the countdown timer reached 0, it was show time. No real hiccups this time - the site didn't crash, and everything went smoothly.

I assume everyone was able to claim his prizes without any trouble.


What Did I Get?

Well, isn't that the most important question of this entire blog post?
I made a video while opening my raffle tickets, which you can watch below.

Underneath, I'll be adding a list of the items I received, and their expected value, so I have an idea about how profitable the raffle actually was.

But first: the video.


So, let's make the list and check the total value of my winnings. (this value is only an estimate, since it's still too soon to say what totems will be worth.)

To be able to put a price on the totems, I looked at both the buy and sell orders on Hive-Engine and used the average (e.g. if there was a buy order of 20 Hive and a sell order of 40 Hive, I used 30 hive for my calculations. - It's probably way off, since it's too soon to tell for how much they will sell in the future, but it's just to get an idea of their value.)


PrizeAmountValue (DEC)
Region00
Tract00
Plot00
Dice Packs2987000
Untamed Packs2346000
Common Totem41580
Rare Totem15135120
Epic Totem4131552
Legendary Totem1275751


I realize these totem values are not representable at all at the moment - time will tell what they'll actually be worth.

Still, if I use my calculations above, the raffle has earned me 676 003 worth of DEC, which is a significant amount, if you ask me.

And then I'm not even calculating the tract I won on a shared account with @davemccoy.

Conclusion

For me, the raffle was definitely worth it. I just hope I'll pull some decent cards from all the packs I won. I still have to open quite a lot of them.
It would probably be more profitable to sell them on the market, but hey, what can I say... I love opening packs 🤣

A gold foil legendary or even a gold foil epic would be a nice bonus, and would add to the total profits from the raffle.

Cross your fingers, and wish me luck!!



signature.gif

Graphic created with The Logo Creator Software

Sort:  

I thought you won the region! But congratulations anyway! :D

Posted Using LeoFinance Beta

Who did win the region? I bet they are happy now.

REGION - @angelito26 (849 entries)

Tbh, never seen the name before

I've never seen that name in battle either. It seems like all I see is enminers(some #) or neminers(some #). They must be some bot because they are predictable easy to beat.

No, seems he's legit. He just turned up in our guild. He has a level v3 deck, but seems to be investing heavily.

Why do they have the same name with a hundred accounts?

Thanks. It was funny. I had checked my results (the one you see above), but suddenly people in Discord started congratulating me for winning a tract.

Then I realized I had another account I had some tickets in. Davemccoy and me worked together to provide liquidity for the uniswap pool. I kept the rewards in my personal account, but the agreement was that all the rewards would be his.
So, the tickets in there were his, not mine.
And the tract was won in that account, with his tickets.

(Fortunately, Dave is an amazing person, and he offered me a part of the tract he won. So, in a way, i did win (part) of the bigger prizes 😁)

I think, as you said, it's too early to assign values to totems. They aren't even totems, they are claims of totems, and we don't know what the totems will be like. There will likely be price differences between two common or rare totems, just like in the case of cards, because they will come with different attributes.

Congratulations, you've done very well in this raffle! Even without the shared tract! :)

Congratulations @simplymike! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 42000 upvotes. Your next target is to reach 43000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Next Hive Power Up Day is February 1st 2021

Congrats! I thought I had a lot of tickets at 80!

Pity you didn't get additional land but the totems sure are nice as well!

congrats! was hoping to see you open up the tract ticket :)

I did open it,but since the tickets weren't mine, I decided not to make a video - didn't know if Dave would have liked it, lol)