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Author Topic: losing from freebitco.in  (Read 12293 times)
P0K1T5
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September 08, 2016, 08:16:53 PM
 #61

Patience commitment and a little luck and u may very well find these sites like freebitco can be profitable like a few $$ profit,
I term it as   You just need 2 get over that initial hump and the easiest way 2 do this is claim a nice amount of coin before gambling it away while you slumber
Ive used freebitco's auto bet feature and slept with it still ticking away the next morning but ive lost it all way more times than this mind you
Ever since the reward points came out ive changed my strategy i call it my
"Golden Formula"
i now have 2 accounts with my 'active betting' acc referring to my 'banking' acc
i set my return to 1.5
i set my on loss tab to %200
i like to go for about 9999 rolls but you need a fair few so you get to that %66 wins %33 loss ratio
i then place my bet at   lets call it  Y satoshi
and then i put a Max bet at (Yx27) which is a 4 times loosing streak before it  resets back to my base bet
being not a numerical genius or master of statistical data i think ive just tried to get all technical and say ....
if my base bet is 0.00000002
then my max bet is 0.00000054
or  for Doge site i do
base  0.03
max  0.81
now with the bitcoin and if im on a good run i can get my profit to stagnate around no loss and no gain over an hour or so of auto betting but where this is at is instead how i now claim on a massive amount of coin somewhere between 50 000 to 100 000 satoshi
netting me alot of reward points and shoving a tidy amount of coin into my banking acc from the referral bonus
this may not work everytime and may not be for you but hey what ever floats your boat or what ever blows your hair back im just sharing my strategy as of late
1 thing i do no for sure is te amount of people that actually make some decent BTC from claiming at faucets and gambling it at btc dice games are few and far between
a few things that are starting to shit are
you tube vids claiming a way to make a 1  btc even 3 4 or 5 btc in a few days at freebitco.in using the martingale or a martingale styled betting plan
worse still are those coin hungry scabs sobbing they are broke their arse is all pumped out and they post their wallet address asking for donations 
those greedy fools are never getting diddly squat from me 
The best and most important point i will now raise is this
None of these sites would ever exist if we the user actually made money of them the only person that profits is the site itself. Much like a real world casino it would have to shut its doors if people started walking away with pockets full of easy earned cash
oh yeah that is besides for me with using my winning "golden formula" and self referral accounts.
Good luck peeps 
 and if you want easy cash then ur just a bloody tool if u didnt realize u should of stayed at school instead of smoking pot down at the local pool and playing up like bloody brain dead tool
hawkins
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September 08, 2016, 10:12:11 PM
 #62

I think it is a normal thing, because you enable auto bet. I guess when you're sleeping it works automatically created an account, and make you lose some amount of bitcoin. yeah, but I guess it was quite an interesting experience to be shared so that something like this does not happen on another member. I rarely play in freebico.in, but if I play one day, I probably would never enable auto bet when I'm going to sleep
malcovixeffect
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September 08, 2016, 11:06:22 PM
 #63

I think it is a normal thing, because you enable auto bet. I guess when you're sleeping it works automatically created an account, and make you lose some amount of bitcoin. yeah, but I guess it was quite an interesting experience to be shared so that something like this does not happen on another member. I rarely play in freebico.in, but if I play one day, I probably would never enable auto bet when I'm going to sleep

Duh, he said he forgot to that he enabled the auto bet function.
xuan87
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September 08, 2016, 11:41:01 PM
 #64

that is very unfortunate, maybe its a good lesson for all of us that auto bet for a long time will cause us to lose the bet, if we count probability no matter what is your strategy you will always lose in the end, so if you want to earn some profit you got to put limit in your auto bet function


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maku
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September 08, 2016, 11:59:31 PM
 #65

And that story op told us is the reason I don't particularly like every automated betting systems in Dice. It feels like I am not in control of the outcome of the game at all.
True, that you can program it with all variables you wish, but instead this I would rather bet more money using single bet option.
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September 09, 2016, 12:28:25 AM
 #66

lol, imagine if you wake up and see a few btc's in your account. would you still say the same?
anyway, i dont like those auto betting too... might be just my imagination, but i always lose more when i use it.
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September 09, 2016, 12:44:35 AM
 #67

So this is the point of autobet things? With huge amount of bankroll I think you can hold it for a very long time though, like for example you can place with very low basbet with 0.1 sor 1 btc bankroll and slowly play for it to be profitable though. And of coursw with 100% or 200% on loss and may be 2x or 2.5 odds. I think you might suffer huge loss streak but still you can hold on it then. I dont know if it really works on frebetco.in because they have reallly high house edge as far as I know compare to other sites
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September 09, 2016, 12:53:04 AM
 #68

I just want to share of losing my small btc.

I'm almost in my goal of .05BTC yet when I sleep last night I forgot that I clicked the auto bet because I want to try some,  I went to my bed start dreaming, then when the morning comes, I saw my computer still open and when I saw the tab of the site there you go the surprise Shocked Shocked Shocked Shocked..... no more btc left for betting... Cry Cry Cry

Just an advice mates!!

Don't you ever leave your computer open.. hahahhaha
but no joke, everything must be safe, though its just a little BTC still I expect that I can withdraw in my desired amount.
since gambling is bad work but still we always try to make money througj this .
freebitco.in was my ine of the best site for satoshi faucet collection but now it becamea totally in gambling site and here no gambling stergy works now so i will aso suggest everyone don't try to gamble and earn only through faucet .
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September 09, 2016, 12:55:53 AM
 #69

lol, imagine if you wake up and see a few btc's in your account. would you still say the same?
anyway, i dont like those auto betting too... might be just my imagination, but i always lose more when i use it.

Everybody wants that to happen but do you think it will happen? if happens also what the % of success? I feel the % is very very less so I don't think it is worth to try that method. Because gambling is just to have a fun but not for running in auto mode to make money out of it.
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September 09, 2016, 02:30:43 AM
 #70

I've never as so much profit this type of gambling site but all most cases my loses possibility are going to high.Here experienced need poorly.
I thing  your advice is legit.
It's now my imagination how man profit from  this auto bet.
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September 09, 2016, 02:59:49 AM
 #71

So this is the point of autobet things? With huge amount of bankroll I think you can hold it for a very long time though, like for example you can place with very low basbet with 0.1 sor 1 btc bankroll and slowly play for it to be profitable though. And of coursw with 100% or 200% on loss and may be 2x or 2.5 odds. I think you might suffer huge loss streak but still you can hold on it then. I dont know if it really works on frebetco.in because they have reallly high house edge as far as I know compare to other sites

The point of the autobet is for people who want to try different "strategies" where they do some form of martingale, or with some other variable. It does work in the short term, but you will more than likely lose in the long run.

OP, how much were you betting? If you have more than 0.005 in your account, you should just gamble it elsewhere for a lower house edge.
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September 09, 2016, 03:03:44 AM
 #72

I've never as so much profit this type of gambling site but all most cases my loses possibility are going to high.Here experienced need poorly.
I thing  your advice is legit.
It's now my imagination how man profit from  this auto bet.

not work with autobet even we are stay in front of our computer for a night, we only get lose because we don't even know what will happen and we only get shock when we realize that our balance is reduce with fast. i think better to use manual bet because we can manage how much we want to lose and how much we can set our winning but all in all, its not good to gambling at all.

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September 09, 2016, 03:17:06 AM
 #73

That is just a proof that no one can win in the long run. Even if you did it on the other site(for example pd). The same thing will happen. You will woke up with nothing left in your balance.
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September 09, 2016, 03:34:20 AM
 #74

That is just a proof that no one can win in the long run. Even if you did it on the other site(for example pd). The same thing will happen. You will woke up with nothing left in your balance.
really hard to beat the house better to be contented with small earnings/winnings to get something from the house, no exemption with this site you don't know when your bet will win or lose so if you got something like small earnings just enjoy it and quit instead of keep trying your luck and lose everything in return.

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September 09, 2016, 03:50:39 AM
 #75

it is gambling so you must ready to lose  Grin  and at least you learn to not leave auto bet in some gambling site, i never end with win in auto bet

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September 09, 2016, 04:30:59 AM
 #76

You shouldn't have tried gambling if you can't afford to lose your money. You're almost reaching your goal, why don't you just quit at that time instead of leaving your account autobetting without your attention. I'm pretty sure you got a lose streak and your account bet a huge amount of money. This should be a lesson to all the newbies out there who thinks there's an autobet that works in the long run.

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September 09, 2016, 04:54:41 AM
 #77

it is gambling so you must ready to lose  Grin  and at least you learn to not leave auto bet in some gambling site, i never end with win in auto bet

Indeed that is simple method of gambling we should be ready for lose if we want to do this, keep running auto bet for hours it could be ended to get busted, I think so op has been learned a lesson by gambling with auto betting for a long time.
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September 09, 2016, 07:15:38 AM
 #78

In my own opinion i really wanted to earn some good profits but i think that freebitcoin was really not a place for it just my opinion tho as i am losing too much from it even if i just get the amount bet in their faucet.
I have lost almost 0.01BTC already from their game for playing too much on it because it was really fun.
Although those amount were not originally from me because those were what I just won from the game itself, this some what soothing me over the frustration of loses.

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September 09, 2016, 09:29:06 AM
 #79

Don't blame freebitcoin for your loss,ok 3% house edge is high especially if you compare it with other dice sites but I believe that the same will happen in every dice game if you leave autobet running for so long.My advice is to set a smaller goal and withdraw your money quickly when you hit it cause a big losing combo will certainly happen in martingale.
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October 16, 2016, 04:23:17 PM
 #80

What a sad story indeed. Yeah, when you use auto bet it's like giving away your money instantly. Lesson learned you have to earn money sometimes in a hard way  Grin

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