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Author Topic: To freebitco.in and their representative, TheQuin  (Read 8505 times)
Lucius
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September 02, 2025, 01:28:00 PM
 #321

Just another scammy site that pulled the rug years ago, and still, people are falling for it.
~snip~


I wouldn't agree that it's been years, but just a little over a year since things went downhill. Some time after this topic was opened, I successfully withdrew everything I had, and until a month ago the withdrawals were working (albeit difficult). I have written several times that the business was most likely sold quietly, and that the new owner is clearly incapable of keeping it functional to this day.



~snip~
As matters currently stand, the only problem their customers seem to be reporting are related to delayed withdrawals. Has anybody actually lost anything on their website? I doubt it otherwise the accusations would have been posted in large numbers. It seems the have put a lot of effort in their business model and have no intention of closing down.


Some users claimed that their accounts were hacked regardless of whether they had 2FA enabled. How much truth there is in that is hard to say, but something definitely turned bad at some point, and those who could only explain what was happening disappeared without a trace.

Free Market Capitalist
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September 02, 2025, 02:47:19 PM
Merited by LoyceV (1)
 #322

Just another scammy site that pulled the rug years ago, and still, people are falling for it.
~snip~


I wouldn't agree that it's been years, but just a little over a year since things went downhill.

I think LoyceV is referring to the fact that the free game they were promoting so heavily was rigged. In the post you mention, he has included two links. I'll bring here a relevant quote so you can see for yourself:

You should probably move (bottom-left) this to Scam Accusations.

I've often wondered if they're legit, based on the average cost per faucet claim:
1 number pays $200
2 numbers pay $20
4 numbers pay $2
8 numbers pay $0.20
100 numbers pay $0.02
9886 numbers pay $0.002

I've always wanted to know if they really pay $271.37 on average for 10000 rolls. And if so, why don't they just pay $0.027 for each roll? They'd have the highest paying faucet, while it would cost them the same amount in total.
Because they choose not to pay the average amount for each roll, but made it a jackpot system, cheating would be possible and largely go unnoticed. Especially if they only cheat once every few thousand rolls.

Based on the odds, I would expect one $200 winner for every 2 $20 winners.
I did a (manual) count on pages 5, 10, 15, 20, 25, 30, 35, 40, 45, and 50 on Big wins at FreeBitco.in:
I just won $20 at FreeBitco.in! 116 times
I just won $200 at FreeBitco.in! 2 times
I probably miscounted a bit, but let's round it down: winning $200 is 50 times less likely than winning $20, and that makes the difference 25 12.5 times larger than it should be.

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Lucius
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September 03, 2025, 01:54:57 PM
 #323

~snip~
I think LoyceV is referring to the fact that the free game they were promoting so heavily was rigged. In the post you mention, he has included two links. I'll bring here a relevant quote so you can
see for yourself:

I too always suspected that it was practically impossible to get 10 000 on a faucet, and after more than 10 years of using it (with occasional breaks) I have never managed to achieve it. As for other awards, I managed to get them several times, and the biggest one was over 80 000 sats if my memory serves me well.

Considering that most of those prizes have remained intact to this day, I can say that I profited despite everything.

andresteves
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September 03, 2025, 04:07:49 PM
 #324

Some users claimed that their accounts were hacked regardless of whether they had 2FA enabled. How much truth there is in that is hard to say, but something definitely turned bad at some point, and those who could only explain what was happening disappeared without a trace.

I was one of those unfortunately. You can read here what happened to me https://bitcointalk.org/index.php?topic=320959.msg65765181#msg65765181 (No need for reposting).
LTU_btc
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September 03, 2025, 07:20:38 PM
 #325

I've always wanted to know if they really pay $271.37 on average for 10000 rolls. And if so, why don't they just pay $0.027 for each roll? They'd have the highest paying faucet, while it would cost them the same amount in total.
Because they choose not to pay the average amount for each roll, but made it a jackpot system, cheating would be possible and largely go unnoticed. Especially if they only cheat once every few thousand rolls.
I won't tell anything about rigged part because I can't confirm or deny whether it was rigged or not. But I will give my 2 cents about why they can't pay $0.027 for each roll. Because it's marketing. It's easier to attract people with words ''Win up to $200 every hour'' than Win $0.027 every hour'' I doubt that they would have reached tens of millions registered users by just giving few cents each hour without chance to get more.

I too always suspected that it was practically impossible to get 10 000 on a faucet, and after more than 10 years of using it (with occasional breaks) I have never managed to achieve it. As for other awards, I managed to get them several times, and the biggest one was over 80 000 sats if my memory serves me well.

Considering that most of those prizes have remained intact to this day, I can say that I profited despite everything.
I also didn't got, I didn't even got $20 reward and I can't remember whether I got $2. I made scary number of faucet rolls and Possibility theory tells that I had to hit 10000 at least few times
And despite all things that are going on with Freebitco.in, I still make at least few faucet rolls each day. In these 10 years it become habbit for me, something similar like smoking for some people Cheesy.

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Th
UserU
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September 06, 2025, 05:15:05 AM
 #326

I also didn't got, I didn't even got $20 reward and I can't remember whether I got $2. I made scary number of faucet rolls and Possibility theory tells that I had to hit 10000 at least few times
And despite all things that are going on with Freebitco.in,

The odds are definitely skewed for free rolls, as in with other chance games which rely on similar mechanics since they would be paying through their nose with at least a "10,000" hit a day without gambling.

I still make at least few faucet rolls each day. In these 10 years it become habbit for me, something similar like smoking for some people Cheesy

Ayyy, those free sats are worth claiming once you've wagered a fair sum. Before you know it, you can purchase some cigs or a square meal with that haha

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bilge8408
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November 23, 2025, 07:24:40 AM
 #327

They don't pay.

More than 1 week passed and my payment is still pending. I also won the second big prize from free roll (9999) and got an email (probably automated) to share my proof here on this forum.
And i ask what good of any prize if i am not paid properly??

https://ibb.co/v6Bqw9N1

NABiT
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November 23, 2025, 08:58:23 AM
 #328

They don't pay.

More than 1 week passed and my payment is still pending. I also won the second big prize from free roll (9999) and got an email (probably automated) to share my proof here on this forum.
And i ask what good of any prize if i am not paid properly??

You might want to follow this thread if you want to keep up with any developments.
https://bitcointalk.org/index.php?topic=320959.new;topicseen#new
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