Have their been any known cases or certain countries or players being restricted in the past that you know of?
I don't remember seeing any since the start of this thread.
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I dunno if it's already been suggested before ( for sure it is ) but why not re upping the suggestion again ? Because i feel the need of a new currency . Can you guys add xrp because I feel that I'm going to pay more fees when I send btc from wallet to this site . I'm starting to get hook playing hi lo lately , that's why I remember this . I'm not actively depositing before but I can be active on depositing now if they support ripple aside from btc but I have no problem on withdrawing btc because I just chooose the slow method as it's cheap and I don't mind of waiting .
As @Mahdirakib posted above, Freebitco.in had planned to make rebranding and also add few more currenciesvto website. IIRC it was Bitcoin Cash, ETH, DOGE, maybe Litecoin, I don't remember that there was XRP mentioned. No offnce, but IMO, Ripple isn't cryptocurrency. I'M not sure that they are still planning to make these changes. I just remember that some time ago they bought another gambling website, probably now they are working on it. We dropped the idea of adding altcoins. The experience of Doge is that there just isn't enough interest to justify the expense and work involved in supporting all those extra wallets.
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I couldn't find any TOS agreement on your site. I wanted to check which countries and jurisdictions are restricted because I have been testing casinos lately to see if they implement IP blocks for restricted locations or not. You can read more about that here if you are interested > https://bitcointalk.org/index.php?topic=5278411.0Where can I find more information about that for 777Coin? I'm pretty sure you'd have to contact Lightlord directly as he's the owner of that site, 777coin's probably not a registered company and so doesn't have a Terms of Service (neither does SwC Poker AFAIK, an unrelated site). It doesn't have a gaming license so it isn't required to restrict access to any country to comply with a license.
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I've only just signed up to the site in the last couple of weeks and have been having a couple of rolls per day. Most of the time it's been 18 sats, but it went up to 19 sats briefly, then down to 17sats as briefly. Now it's back up to 18sats. I've deposited ~ 0.0003 so far and have placed a couple of wagers on Trump & Harris (ya never know ) That's the BTCUSD exchange rate fluctuating. $0.002 has been 17 to 19 Sats over the last few days. IIRC if you deposit 0.01 (it may be keep a balance of 0.01) you don't have to fill out the Captcha - I hadn't read the $ 50 balance item, but it's handy to know these things.
Roll ON!
Again it's all linked to BTCUSD. A $50 balance gives full base reward and a $100 balance gives play without captcha.
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I remember getting 8 or 9 Satoshis which were the lowest for me and I also remember getting somewhere 22 Satoshis which was the highest for me. ~snip~
The lowest amount it gave 10/11 satoshi while btc reached it's all time high price nearly to 20k usd. Obviously not less than 10 sats. So probably you saying it wrong or missing something. For me I have received 900+ sats when I was new there. Though it always gave same amount in usd value. If btc reach 10× of current price we will get 2 sats for each roll, then people will say getting 18-22 sats at each roll was lucky time It's giving me 10 Satoshis right now and this is not the ATH price for bitcoin. So yeah I do think the lowest for me was 8 - 9 Satoshis. If only Freebitco.in had a history page where we could see the Satoshis earned then we would have got to know my minimum payout The below screenshot is my current payout for rolling and I am not faking it either https://i.imgur.com/aV5Tjgb.pngAlso, the (i) symbol says that we should either play Multiply BTC or buy lottery tickets in order to increase the minimum prize and I really don't do it much. So may be that's why there's a difference between our minimum prizes. They reduce the minimum claim amount if you don't deposit or gamble to prevent losing too much from faucet abusers. The base prize is $0.002 and the low wagering reduction gradually reduces that to 33.5% of the full amount. Your balance is taken into account as well as wagering so if you don't want to gamble you can keep a balance above $50 to get full reward.
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If you are saying that the IP location is not reliable enough, can you tell me what is the more superior method that Bustadice uses to prevent players from restricted countries from accessing the site?
I was was just pointing out that using IP geolocation is very limited in its effectiveness. Many people will get through when they shouldn't and many others will be blocked unnecessarily. The only reason casinos do it is because of the terms of their licence. Requesting KYC before processing a withdrawal isn't it. When that happens, the player could have already gambled at the platform. What is done to stop them from getting in in the first place?
You could ask for KYC before allowing them to deposit. The Curaçao license isn't that strict so it isn't necessary. Some other licenses do require it. It is up to the player to comply with all applicable laws in their jurisdiction.
That's the important point. It isn't illegal for a Bitcoin casino to take bets from anywhere. The condition here is fulfilling the terms on any licence issued. If the Curaçao license only requires them to "not knowingly allow to gamble" that isn't the same as "must block". Others have pointed out that Bustdice doesn't use it as an excuse not to payout. If I understand you correctly that was your concern here. Whether they simply ask people not to gamble or use IP blocking which is only partially effective doesn't seem particularly important to me. As long as the casino is happy it is complying with its licence and the players are happy they are getting paid I can't see a problem.
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IP address geolocation is not entirely reliable and the use of VPN services–especially with endpoints in the USA–is very common. For that reason we don't automatically block anyone based on IP address geolocation. It is reliable enough. Many casinos have such IP blocks in place. During my testing, I saw that they are working just fine. The IP location databases only claim to have 60% accuracy outside of the USA. The fact that other casinos use it and you didn't come across a wrongly assigned address in some very limited testing doesn't necessarily mean it is reliable.
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I have a small question regarding this promo When during playing MULTIPLY BTC game I select 125 sats COST for jackpots, will that amount be added to my wager? Yes. Also, imo, while wagering, it would be nice to be able to see your progress towards getting another golden ticket.
You can track your monthly wagering on the contest page.
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So he lost his account because he violated the terms and conditions? Ouch. And the scammers alsways use the same, not even winning seed.
I didn't actually ban him. I was just inquiring why he would risk getting banned. I think I've workout where this comes from. There's been a lot of fake cheats advertised on Youtube claiming to be able to get you a 10000 roll if buy a script. All they do is modify the display but they always were easy to spot because they didn't include the make an extra $5 text. Now someone has updated one to include it and that is the link to the verifier it gives. So not only are these people trying to cheat $5 they also tried to cheat the $200..,... but then discovered they got scammed themselves when they refresh the page and see the roll wasn't real. What goes around comes around.
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All eligible claims paid up to this post. Reminder: You must post a screenshot of your roll on the FREE BTC page.
You have an account that's nearly 4 years old and active referrals. Why would you try and cheat us out of $5? TERMS OF SERVICE
Please abide by the following simple rules when using this website:
1. Please do not use bots. 2. Please be civil when contacting us and refrain from using strong language. 3. Please do not try to abuse the free giveaway by creating multiple accounts and collecting the free prize more than once every hour using proxies or similar IP address changing applications/services.
If you are found to be breaking any of the above rules or trying to gain an unfair advantage to abuse the service, your account will be deleted and your account balance forfeited.
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Does anyone know what the maximum number of deposit addresses you can generate for your account on freebitco.in?
The only limit is one new address a day to prevent people from spamming the database.
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Looks like he withdrew his money from freebitco.in to the btc address freebitco.in generated so it's lost.
They wouldn't have lost it because the default address is is their deposit address. It would have just gone back to their account minus the transaction fee. When that happened they probably worked it out and locked the thread. For those who don't know, freebitco.in makes a bitcoin address that you use as a username, which is weird because normally usernames are supposed to to be user-generated. They at least used bitcoin addresses the last time I played at the site.
When the site first started you needed a Bitcoin address to register an account. As so many people who come to the site are new to Bitcoin they didn't have a wallet so we changed it to email address registration. The database still needs a Bitcoin address to index the account so we set it their deposit address until they change it.
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Does anybody found difficulty in loading the site? I can login without any issue, but seems like the server is getting slow lately, the page won’t display perfectly. I even get ‘could not display the page because the server stopped responding’ message few times.
It's working fine for me and the site stats show no reduction in usage. Try it from a different internet connection if you can.
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The house edge of 5% is in dice, not parimutual betting as far as I know, plus in parimutual betting you are not betting against the house, you are betting against people, so what freebitcoin is getting could be considered "rake" as in the money you pay the house when you are playing poker for example, you take the money from another person and not from the house when you win and another person gets your money when you lose, the money you pay to the house is always the same no matter who wins.
So, there is a huge difference between house edge and rake in this case. Plus the rake here is quite low as well and also quite unique, there are not that many parimutual betting places in crypto and specially not any with this high volume neither so it is definitely awesome.
I don't know what "rake" means but if I got this right, the house takes 5% of the whatever amount wagered on that game which pretty much counts same as the house edge. Since the house takes 5% of the prize pool, the prize pool shrinks by 5% and you get 5% less coins for your winnings -> house edge. "Rake" is the term used to mean the amount the house takes. It is slightly different from "house edge" as that implies a statistical advantage which only gives a probability of a profit whereas a rake is a fixed amount. You are correct that the house edge on dice and the rake on parimutuel betting are both 5%.
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I don't even know any other site that offers parimutuel betting . I keep betting at 'regular' sites, but more and more, I am also placing bets on freebitco.in, just because of the parimutuel betting (and the extra time multiplier that the site offers). All sports casinos should be parimutuel imo. I also don't understand why there is only freebitco.in uses that idea. Maybe they don't use it because: 1- They are lazy and they don't know how to code it or, 2- They don't do it because it requires active players on the casino beforehand to make it work. Either way it is a great way to build a casino for both the players and the owner because it is all automated rates and everything. There is no risk for the house to get scammed because of a fixed/cheated game because the house takes its cut no matter who wins. (this has been an excuse to seize the players' money for many casinos) This is almost as close as you can get to a decentralized sports betting casino. It wasnt always in crypto especially but I've seen alot of parimutuel betting sites setup and head into esports or similar and if the site is just trying to accumulate users parimutuel can lead to erratic betting odds that can prove unattractive. There is the problem of size where a very large bettor can move the odds and alter the pay off at the last moment even, it can lead to a feedback effect where people are wary of the odds being such a free float. I've also benefitted this way, one bet I placed got a 83x pay off because it became lopsided and my underdog came through but overall its something of a problem to handle for sites I think. Freebitco is maybe ok with this as its such a large established site that has regular custom and people will just drift into the event section and place bets but alot of sites are struggling to raise confidence in bettors to participate or even visit.
There is a lot of manual work involved so you need to have sufficient volume to make it worthwhile. Fixed odds betting can be automated so you only need to make enough to pay for the data feed.
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would be better to betting on othersite which having less Houese edge than freebitcoin, just my opinion though
Name a parimutuel betting site with a lower house edge.
If you are having problems accessing the site there is a network issue at the hosting facility. There are working on it.
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All eligible claims paid up to this post. Reminder: You must post a screenshot of your roll on the FREE BTC page....... like this one:
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I'm going to ask on this thread because I asked in the promo one and received no reply: Hi, does anyone know when the giveaway gets deposited?
I wasnt too bothered but I've just checked that the first time I wrote on this thread was August 7 and I haven't been deposited any satoshi in my 777coin account .
I think it's too long.
I wasn't too worried about this and wasn't even bumping the thread every day but recently I realized that no giveaway had been deposited. Can anyone help? This giveaway is already ended but sadly members still posting here on this thread without any reason you have to check thread hopefully you will find somewhere its already ended some months back. If it had ended lightlord would have updated the OP and locked the thread. The payouts always came intermittently and late but every post always gets paid eventually.
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Are Freebitco.in still store Bitcoin on BIP38 encrypted paper wallets? We use a combination of hot wallets, hardware wallets (Trezor) and BIP38 encrypted paper wallets to store bitcoins is still good to store it there?, because when I clicked that link I received a warning This domain is currently on the MetaMask domain warning list, I had installed Metamask on the browser, cause that I get noticed. https://postimg.cc/xNPkTfrCThat might be a dodgy domain or not but that doesn't mean paper wallets are not secure.
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