Nope! You're just here to share your referral link in freebitco.in!
What a shady activity. You even pretend to be part of freebitco.in.
Myfe is the FreeBitco.in community manager. Wow really? Never knew they had community managers without special names and/or an account better than Sr atleast. Freebitco.in has been in existence for a very long time and they can't even get a high rank account here? I expected them to have at least a Sr. member for an account. If it is true, then my apoligies then. Well, I wanted to have a community manager with a clean posting history hence the new-ish account. |
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Nope! You're just here to share your referral link in freebitco.in!
What a shady activity. You even pretend to be part of freebitco.in.
Myfe is the FreeBitco.in community manager. |
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I'll talk to wetsuit. But the easiest would be for you to go to the FreeBitco.in Big Wins thread now. Right now. And click "Watch" for the thread. Now it'll appear in your Watchlist and you can monitor it and find it regardless of where it sits on the sub-forum. Cheers! Is there any way to get wetsuit to edit the first post to include this link? It will make it easier to find later if and when I actually win $20 again  Thanks! I'm currently watching several different categories, and so that won't be a viable option for me. Would be much easier to include it in the top post as I'm already subscribed to this current thread  I have done it. Thanks for the suggestion. If you have the screenshot of your old win and post it in the thread with your user id, I'll credit an extra $5 to your account as well! Applies to anybody who won either $20 or $200 from us before. |
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Countries having high interest rates also have high rates of inflation so the purchasing power of your money there usually depreciates rapidly. High interest rates are usually set to encourage people to save rather than spend and thus bring inflation down back under control.
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Hey "newbies" before you invest time or money in the betting have one of these positive reviewers tell you how they've won so much and keep asking them questions till you're profiting. Maybe just ask them to see a profit spread?  Look at my old posts in this thread to see how much you'll make on the free part if you do it 24/7. Yeeeaaaaahhhhh... Numbers for every hour of every day of December 2016.. http://pastebin.com/bWWXNH3JI have months and months worth. The only change was up till 80,000 satoshi or somewhere where there was higher class random numbers.. I'll save you all the math.. $1.45 a month before BTC network fees, KWH, hardware wear, the occupied time is deducted.. Probably around -$1,500 to -$9,000 unless you bot or do it an hour or two a day where it's still way way way way in the negative.. But I have some question that "How you played 23 free hourly role everyday?" Didn't you sleep or did other work during this time? lol, those are obviously fake. All numbers in 7-8 thousands? If they had seeds it would be remotely believable but anyone can make up a list of timestamps and numbers. A smarter person would atleast use a wider range to generate the random numbers. |
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Weird, I understand there is a luck involved in this game and we are lucky to get to the second level let alone the 10000 one and win 200$ but the amount of “newbie” accounts opening up and sharing their $20 sounds so fishy to me.
Wetsuit could be a stand up guy but freebitco.in should seriously consider getting more known people to contribute here otherwise it looks like fishy accounts promoting and spamming ads basically through getting “$20 prize”.
We have way more users than this forum (our Alexa rank is 1,737 vs. the forum's 4,696) and so a lot of people who use our website aren't members here. That is why I have been asking winners to post screenshots and their winning seeds so that their wins are verifiable. We are at a point where we get 8,000+ organic signups daily and hardly anyone of those comes from this forum because most forum users already know of FreeBitco.in. We don't really have any need to promote the website on this forum because it brings no benefit. If people don't post about winning from FreeBitco.in here (because most of them aren't members here) then the website gets accused of not paying the big prizes. If they do, we get accused of using newbie accounts to promote the website. If some known member wins a big prize, I'm sure they will post about it here (many already have in our other threads but it is difficult to trawl through the hundreds of posts to find them). |
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gambling always have risk, if everyone can win easily in gambling, i think all casino site would go bust  Absolutely, those who said has been scammed by a site because they could not win but unable to give valid proofs of being scammed are just players who do not understand how gambling works. They only think that they will make some money after some loses but in fact they keep on losing again and again till they have no more funds to bet. This kind of players should blame themselves why they keep on losing. well yeah and we should ignore people who are complaining about losing after gambling in a 5% HE site since it's expected but what about the lottery ?? the lottery should definitely be less shady in the future cause it's the only negative thing about the site can't they develop a system like the one in crypto-games for example ? How is the crypto-games lottery provably fair? Their website says this is how it works: What is this game?
This game is called lottery. You can buy lottery tickets and hope that one of your ticket numbers will be picked. The draw takes place twice per week, on Wednesday and Saturday.
How to play
Click on tab "Buy ticket" and enter number of tickets you want to buy. Each ticket costs 0.0001 BTC (10k satoshi). You can buy tickets only with Bitcoins.
Lots will be drawn each week on wednesday and saturday using random numbers generated through RandomPicker. Three winning tickets will be selected and winners will get the following prizes:
1st place: 80% of the prize pool
2nd place: 14% of the prize pool
3rd place: 4.5% of the prize pool
Payout:
98.5% of the money raised with ticket sales will be paid out to the three winners.
Rest 1.5% will go to the house for maintenance and development. AFAIK, there is no way to implement a provably fair lottery where there is a variable number of tickets sold. If anybody can come up with a system for doing so, I would be happy to implement it like I have mentioned before quite a few times. And I would offer a generous bonus for the person doing so as well. is there anyway that the person can know what are the tickets numbers that he holds ?? if so then you can record the weekly draw using a RNG site and upload the video on youtube sportsbet did that in one of their draws after all the players complained I could assign ticket numbers to all users and do a public draw. However, it still does not stop me from creating fake accounts and giving them tickets to push the odds of winning in my favour. It is possible to hash ticket numbers with a client seed, order them in ascending order and then pick winners. However, it wouldn't make the game provably fair, it would only give an appearance of being fair while it actually isn't and wouldn't doing that be more dishonest? If enough people think that would be a more preferable approach, it is something I could do but personally I feel it is dishonest to claim something is provably fair when it really isn't. Right now, people who play the lottery know that numbers are picked server-side and that it may not be fair and they buy tickets knowing that. Giving the appearance of being fair while not really being so would give people a false sense of trust. Also, I haven't seen many public RNG's who offer a service to handle drawing of 100 million+ tickets (which is what we usually have) so I'll need to make something myself. Also 100 million hashes would create a file of 6.4 GB (and last week we had 130 million tickets) so I am not sure how many people would actually download such a file to check the results. |
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gambling always have risk, if everyone can win easily in gambling, i think all casino site would go bust Absolutely, those who said has been scammed by a site because they could not win but unable to give valid proofs of being scammed are just players who do not understand how gambling works. They only think that they will make some money after some loses but in fact they keep on losing again and again till they have no more funds to bet. This kind of players should blame themselves why they keep on losing. well yeah and we should ignore people who are complaining about losing after gambling in a 5% HE site since it's expected but what about the lottery ?? the lottery should definitely be less shady in the future cause it's the only negative thing about the site can't they develop a system like the one in crypto-games for example ? How is the crypto-games lottery provably fair? Their website says this is how it works: What is this game?
This game is called lottery. You can buy lottery tickets and hope that one of your ticket numbers will be picked. The draw takes place twice per week, on Wednesday and Saturday.
How to play
Click on tab "Buy ticket" and enter number of tickets you want to buy. Each ticket costs 0.0001 BTC (10k satoshi). You can buy tickets only with Bitcoins.
Lots will be drawn each week on wednesday and saturday using random numbers generated through RandomPicker. Three winning tickets will be selected and winners will get the following prizes:
1st place: 80% of the prize pool
2nd place: 14% of the prize pool
3rd place: 4.5% of the prize pool
Payout:
98.5% of the money raised with ticket sales will be paid out to the three winners.
Rest 1.5% will go to the house for maintenance and development. AFAIK, there is no way to implement a provably fair lottery where there is a variable number of tickets sold. If anybody can come up with a system for doing so, I would be happy to implement it like I have mentioned before quite a few times. And I would offer a generous bonus for the person doing so as well. |
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Lol, this is hilarious. You have issued your own shitcoin and now people have to buy that shitcoin to gamble in your casino? Seems like a great business decision.
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If I am not mistaken BTC price during the hack was ~$540 and now it is ~$1,100 so even with a 100% redemption of tokens, didn't BTC holders at Bitfinex take a loss of more than 50%? or will they be compensated in BTC?
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I see the payout amount is different for everyone?
I am getting 177 satoshi per hour for example, I started early with 196 like a week ago. Why is it dropping constantly?
Bitcoin price is going up. |
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The image URL is invalid. |
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Admin, how do we know if the refback distribution was made? I am donating 50% of my comisions to my referrals, and my upline also donates a percentage to me, but this Sunday I didn't receive the green bar "you received *** btc..." nor my referrals did.
Please pm me your user id and I'll take a look. |
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Please post a screenshot to get your reward. |
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%4 profit for yearly is realy low.
More than my Coinbase account is paying!  Are you referring to bsave.io? If so, then sure, FreeBitco.in offers a better annual interest rate (4% vs 2.5%). But I am not exactly sure how everything at bsave is set up regarding the insurance of their digital assets as they are linked to Coinbase. Coinbase is fully insured, and if the bsave assets also fall in that category, it gives bsave a huge security advantage, which is obviously not the case with FreeBitco.in. Some times less is more.  Bsave has nothing to do with coinbase. They just take coins from your coinbase account and lend it on Bitfinex. So, when bitfinex got hacked, savers had to take a 30% haircut ( https://bitcointalk.org/index.php?topic=1316621.msg16016421#msg16016421). They are just misleading people into thinking that they are somehow affiliated with coinbase when they just link your coinbase account to their service (which any service can do using coinbase API). |
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Freebitco.in gambling system is too bad . Always I have to face lose. They don't allow you to win much. I am pretty much sure most of the user lose all their faucet claim balance and deposit balance in multiply game. Only few user get benefit from there. See my lose here
Our system is provably fair, we do not "make" you lose, you were just unlucky. If you cannot handle the risk, you really shouldn't be gambling and then crying when you lose. If you can prove that the rolls aren't provably fair, please go ahead and do so. |
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Are faucets, referral commissions and promo costs all deducted from the investor profit? or is it paid from the sites cut?
It is paid from the site's cut. If you look at all of the casinos that operate on a crowdfunding basis, then you'll see that the site's cut is split into a)promotion of the site, b)running the faucet and c)paying for server fees and hiring people etc. It is definitely not from the investors. Ethan could pay it himself as well. If the website takes 10% of the investor profit (0.1% of wagered approx.) how can it pay 0.2% of wagered to affiliates? Does it operate on the basis that not all users will have affiliates and assume that risk? |
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Lol, its a simple psychological thing. Many many users will simply use at some point dice option, out of 100 users 10 of them will actually keep their coins and make that 4.08 percent regularly, 90 users wont be that patient and at some point will start to use dice game option.....
Yes, that may be correct. Because recently admin has posted a comment saying that most of the profit he gets from a dice game. So it is a clever way of asking people to keep money in their wallet so that they can easily play the game. Also their dice game house edge is quite high compared to other dice game sites. that is one of the biggest reasons why i can't wrap my head around this investment. this site has a high house edge (i believe it is 5%) and people are are real gamblers know this very well and won't play there. instead they will choose other better places with low house edge of 1% and lower. the only players remaining will be faucet users and they won't deposit to play, they just use the faucet payment and that means site doesn't really make money since their advertisement is almost nonexistant these days. Have you seen our stats page? We have a lot more volume than some people may think. |
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Are faucets, referral commissions and promo costs all deducted from the investor profit? or is it paid from the sites cut?
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