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421  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: freedoge.co.in hacks your ballance on: July 19, 2016, 05:16:08 AM
Avoid to use this dice site that will empty your pocket with their terrible soft. Using a strategy of 5% win chance, 6% increase on loss, return to base bet on win, I got a lose streak of 173 and then I stopped rolling to not loose everything. It's good to mention the probability to get 173 loosing steps in a row that is 0.01 %.
I didn't get this event on any other dice site that I used so far because the probability is incredible small, but not for freedoge.co.in.
Shame to them!

Go around and avoid freedoge.co.in !  

Can you pm me your user id so I can check your roll history? We save a history of all rolls so I would like to check your roll history to see if this was indeed the case.

Also, if I have calculated correctly, with a 5% win chance and 10,000 rolls you have a 6.669% probability of a losing streak of 173. With 100,000 rolls, this increases to 50.335%. So, it is not as improable as you may think. (http://www.sportsbookreview.com/picks/tools/streak-calculator)

All rolls are provably fair as explained in the box accessed by clicking the PROVABLY FAIR link.

422  Economy / Micro Earnings / Re: freebitco.in - is it even worth it? on: July 18, 2016, 02:03:51 AM
it's a fun time waster but I think it's a scam frankly.  the hi/lo game claims you 'win' if you hit "hi" above 5250, however I've had numbers rolled higher than 5250 that don't pay so i think it's either a scam or their program has a major bug and they don't care because it benefits them.  though i don't know how since it's a free game anyway!

The numbers that you need to hit to win change when you change the multiplier value. I would like it if you could post a screenshot where you were supposed to win but didn't and also the seeds for the roll if you have them.
423  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 15, 2016, 03:50:31 PM
I see you guys are back to using mellowads, what happened to only self-serving ads?

We have had quite a few advertisers asking us to run mellow ads since they prefer to use it over our internal system so I have brought it back.
424  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 13, 2016, 04:23:18 AM
Your losses? Grin You make 7-16btc daily with your dice game.
You said you pay up to 4btc daily for your users so you will still have 3-12btc profit every day.

Profits from the dice game are much lower, at the moment they only about cover the payouts.

Does this take into account overhead or how does this factor exactly? With a 5% house edge, and based on the number of rolls this site gets (which reduces variance and smoothes out user luck, which can be lumpy), shouldn't the profit margin on the dice game be relatively close to 5%?

We actually have a lot more variance than other dice websites because most of our users only make small bets and so a few high rollers can create a lot more ups and downs for the bankroll. However, things have been looking u the last couple of days.

That makes sense. So at this point, with ads off, is all the revenue the site generates then from people who deposit coins for the purpose of gambling?

We still have in-house ads which show up occasionally. Other than that the revenue comes from people gambling and some buying lottery tickets.
425  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 12, 2016, 01:58:13 PM
Out of curiosity, how many static views does this site generate on a daily basis? If you'll be willing to supply such info. Tongue

I ask because of my thread, here.

In the last 30 days:

21 mil sessions
3 mil users
38 mil pageviews
426  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 12, 2016, 12:53:21 AM
Your losses? Grin You make 7-16btc daily with your dice game.
You said you pay up to 4btc daily for your users so you will still have 3-12btc profit every day.

Profits from the dice game are much lower, at the moment they only about cover the payouts.

Does this take into account overhead or how does this factor exactly? With a 5% house edge, and based on the number of rolls this site gets (which reduces variance and smoothes out user luck, which can be lumpy), shouldn't the profit margin on the dice game be relatively close to 5%?

We actually have a lot more variance than other dice websites because most of our users only make small bets and so a few high rollers can create a lot more ups and downs for the bankroll. However, things have been looking u the last couple of days.
427  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 06, 2016, 06:40:01 PM
Thank you for posting the screenshots! Send me your freebitco.in user id and I shall credit your account with 50k satoshi!
428  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 05, 2016, 12:18:13 AM
Thank you for posting your wins guys, really appreciate it!
429  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 04, 2016, 12:10:16 PM
Your losses? Grin You make 7-16btc daily with your dice game.
You said you pay up to 4btc daily for your users so you will still have 3-12btc profit every day.

Profits from the dice game are much lower, at the moment they only about cover the payouts.
430  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 04, 2016, 06:13:02 AM
You guys still show mellowads

Not anymore, removed them today.

Freebit is completely free of ads, like... really empty and free. I actually don't mind a few ads if it means a higher rewards, lol.
freedoge is still having a few ads, am I correct?

Yes, freedoge.co.in still has ads but they will probably be removed soon as well. On both sites, users can still create ads and only those will be shown apart from 1 banner every 24 hours per user from a-ads, so not 100% ad-free but about 90%. If I could give out higher rewards by having more ads, I would but from my experience apart from Adsense, the income from other ad networks is quite unreliable so I am unable to make any long term commitments to pay out higher rewards. Hence I made the decision to just remove the ads and make the claim process easier (1 page instead of 2 pages previously). I plan on adding more games to the website and hope to make up the revenue shortfall from there.

Also the rewards are now lower because of the increasing bitcoin price which has gone up about 50% in the last couple of weeks.

I actually wouldn't mind too if you put a little ads but still on the same claim amount, just make sure you didn't suffer any loss. I think that is the least we can do. I've been using this faucet for some time and, in fact, this is the only faucet i still use.

Putting the ads back would only help about 10-20% but would inconvenience users a lot more hence I am reluctant to do that. All ads made via our website have to go through a manual review process so we have a lot more control over them but from what I have seen other ad networks do not have any kind of controls in place which results in flashing and distracting banners showing up which i really dislike. I want a long term solution and current ad networks only provide a short term fix. Do not worry about my losses, I am here for the long run and have a few thousand bitcoin of my own to back the website so short term losses do not concern me much as long as I can create a sustainable system for the website to keep paying out for years to come.
431  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 04, 2016, 04:39:30 AM
You guys still show mellowads

Not anymore, removed them today.

Freebit is completely free of ads, like... really empty and free. I actually don't mind a few ads if it means a higher rewards, lol.
freedoge is still having a few ads, am I correct?

Yes, freedoge.co.in still has ads but they will probably be removed soon as well. On both sites, users can still create ads and only those will be shown apart from 1 banner every 24 hours per user from a-ads, so not 100% ad-free but about 90%. If I could give out higher rewards by having more ads, I would but from my experience apart from Adsense, the income from other ad networks is quite unreliable so I am unable to make any long term commitments to pay out higher rewards. Hence I made the decision to just remove the ads and make the claim process easier (1 page instead of 2 pages previously). I plan on adding more games to the website and hope to make up the revenue shortfall from there.

Also the rewards are now lower because of the increasing bitcoin price which has gone up about 50% in the last couple of weeks.
432  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 03, 2016, 05:16:25 PM

We have actually gone completely ad-free as of today, apart from the ads that users run via our self-serve advertising platform. We did this even though it reduces our revenue just so that users have a better experience. As for the multiply rolls, 40 rolls is nowhere enough a large enough sample size to determine the fairness. We are provably fair and all rolls can be verified. Sometimes the server that stores the rolls history gets overloaded and so rolls can take a bit longer to show up in the rolls history (even then the delay should not be more than a minute or two). If any rolls are missing, please let me know the nonces that are missing and I shall check but I doubt that any are, it is just slow at times.

Previously when we had adsense ads we had different rewards based on the user's country as we earned different revenue from users of different countries. However since adsense blocked the website from their service, I have just normalised the rewards so the average rewards are still the same but they are now equal for all countries. Most other faucets who got their adsense accounts disabled have either shut down or reduced their rewards drastically but I have been able to keep the rewards more or less the same. We are still paying out 3.5 - 4 bitcoin in free play rewards and affiliate commissions every single day and I doubt that there are many other faucets that can claim to do the same.

You guys still show mellowads

Not anymore, removed them today.
433  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 03, 2016, 05:14:18 PM
I don't know. I'm pretty sure I am done with this site. It has taken a massive turn down the shady side IMO. I have used this site for almost 3 years now and it is the only 'faucet' I have used in a long time because it paid well and the rolls win % were actually pretty close to what the site said.

Now, since the site was updated the other week, hourly payouts are crap and with a weekly payout limit of 25000 means that someone rolling the smallest amount would have to roll 86 times in one week to get a payout. That means that they need to roll 12 hours each day to get your goal of 25000 in one week.. Before this change, with the 10k weekly payout I was able to meet it in about 20-30 rolls.. Also now after each hourly roll you get that annoying popup shows every time. Obviously you want people to roll and give you back the btc they won. Which leads me to the multiply btc part..

Before whatever on the site changed (for 2 years probably), my win % used to be pretty close to that 47.5% until the other week when the site was updated. Now it is at like 34% win rate over the past 40 rolls. Even the roll history isnt correct. I rolled 5 times this morning, won the first roll and lost the following 4 rolls but the site only shows my win, while my balance is at 0. Sure it could just be crap luck.

And yes, i know what you are going to say "Its a faucet, what do you expect? its based off btc price!" and yes, I know that but with the 10+ ads shoved in your face every hour, plus the miniscule hourly payout now, plus the "C'mon and multiply that btc!", plus the 25000 weekly payout. You have no choice but to attempt to roll your winnings in order to get the payout that week. Unless you happen to have 86 hours available each week to roll or you get lucky and win more than the lowest. I run several ad-supported websites do i know with all those ads the site probably makes some decent change per user. I dont use those advertisers, but still..

Yes im ranting, but ive been a fan of this site for a long time and that has all change recently.

We have actually gone completely ad-free as of today, apart from the ads that users run via our self-serve advertising platform. We did this even though it reduces our revenue just so that users have a better experience. As for the multiply rolls, 40 rolls is nowhere enough a large enough sample size to determine the fairness. We are provably fair and all rolls can be verified. Sometimes the server that stores the rolls history gets overloaded and so rolls can take a bit longer to show up in the rolls history (even then the delay should not be more than a minute or two). If any rolls are missing, please let me know the nonces that are missing and I shall check but I doubt that any are, it is just slow at times.

Previously when we had adsense ads we had different rewards based on the user's country as we earned different revenue from users of different countries. However since adsense blocked the website from their service, I have just normalised the rewards so the average rewards are still the same but they are now equal for all countries. Most other faucets who got their adsense accounts disabled have either shut down or reduced their rewards drastically but I have been able to keep the rewards more or less the same. We are still paying out 3.5 - 4 bitcoin in free play rewards and affiliate commissions every single day and I doubt that there are many other faucets that can claim to do the same.
434  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 01, 2016, 11:54:55 AM
You can now see your multiply referral commissions in the REFER page. It will only show commissions from this point onwards, not the ones you received before.
435  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: July 01, 2016, 11:54:41 AM
You can now see your multiply referral commissions in the REFER page. It will only show commissions from this point onwards, not the ones you received before.
436  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: June 28, 2016, 07:31:30 AM
-snip-

Congratulations! It would be nice if more people posted their wins here, I ask everyone who wins big to do so but almost nobody ever does.
It is because most of the members here either do not use faucets anymore or haven't got a luck yet getting the high rewards.
I think you should have a link of this thread to your site.

When someone wins the top 3 prizes or wins a lottery prize, we send them an email with a link to this thread asking them to let others know about their win. I feel most do not post because they do not have any incentive to do so.
437  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: June 28, 2016, 06:32:48 AM
Great news for our affiliates - we now pay you 0.25% commission for all wagers made by your referred users in the MULTIPLY BTC HI-LO game! This should provide a nice earnings boost for active affiliates.

Noice!

Does it work for all referred or only for new ones? Will the dice referral earnings be shown separately from faucet commission?

Also, what's your commission on wagers? Can't see any info on this anywhere.

It is for all referred users, old and new. The commissions will not be shown separately currently as it would slow down roll speed but we might do it if we get enough people requesting it. Based on our current volumes, we expect to be paying an additional 0.5 BTC per day just in MULTIPLY BTC commissions.
Whoa! That's very nice! An additional commission.

Anyway, for the first time in 5 months of using your faucet, I got:



Thanks!

Congratulations! It would be nice if more people posted their wins here, I ask everyone who wins big to do so but almost nobody ever does.
438  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: June 28, 2016, 03:56:12 AM
Great news for our affiliates - we now pay you 0.25% commission for all wagers made by your referred users in the MULTIPLY BTC HI-LO game! This should provide a nice earnings boost for active affiliates.

Noice!

Does it work for all referred or only for new ones? Will the dice referral earnings be shown separately from faucet commission?

Also, what's your commission on wagers? Can't see any info on this anywhere.

House edge on this site is 5%
House edge is to much if you want to play for serious money. Although the game is fun to play with the faucet but the risk so big of losing all. Why not lower the house edge for people who deposit and not playing the faucet. Possible this will attract more serious players.

I am working on a points system that people can accumulate and then use to lower their house edge, increase free play rewards among other things.
439  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: June 28, 2016, 03:11:21 AM
Great news for our affiliates - we now pay you 0.25% commission for all wagers made by your referred users in the MULTIPLY BTC HI-LO game! This should provide a nice earnings boost for active affiliates.

Noice!

Does it work for all referred or only for new ones? Will the dice referral earnings be shown separately from faucet commission?

Also, what's your commission on wagers? Can't see any info on this anywhere.

It is for all referred users, old and new. The commissions will not be shown separately currently as it would slow down roll speed but we might do it if we get enough people requesting it. Based on our current volumes, we expect to be paying an additional 0.5 BTC per day just in MULTIPLY BTC commissions.
440  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: June 27, 2016, 12:38:58 PM
Great news for our affiliates - we now pay you 0.25% commission for all wagers made by your referred users in the MULTIPLY BTC HI-LO game! This should provide a nice earnings boost for active affiliates.
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