FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest

[TheQuin]

Does it mean the prizes will go out not by the game of chances but exactly for the top 10 wagering accounts?

It difficult to understand what you are asking. All the existing games remain the same and then the wagering contest is a promotion we are running in addition to that.

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[TheQuin]

I do understand that. The question is, if this new contest will pay out strictly the top 10 wagering users depending on their total wagering volume or this will take in account any other factors (like total won/lost, won/lost in a single spin, random etc.).

OK, now I understand. The competition is just the total wagered amount. Win or lose or any other factors don't matter.

[Warfare]

LOTTERY ROUND 160
This round, the winner with the lowest number of tickets is #7 with 9,812 tickets.
#1 won 2.56798446 BTC with 15,362 tickets.

[TheQuin]

A small change to the July wagering competition to make it a little more interesting.


The prizes for referrers will now be a separate competition for the users with the largest total amount wagered by all their referrals.

July Wagering Contest - $30,000 in prizes

How does it work?

• The contest starts on 1st of July at 00:00 UTC.
• Prizes for the top 10 accounts by wagered amount in the month.
• Prizes for the largest total amount wagered by all referrals.
• Prize can be taken in Bitcoin or Reward Points, the choice is yours.

How much can I win?

• 1st Prize - $10,000
• 2nd Prize - $5,000
• 3rd Prize - $2,500
• 4th Prize - $1,250
• 5th Prize - $625
• 6th Prize - $300
• 7th Prize - $150
• 8th Prize - $75
• 9th Prize - $40
• 10th Prize - $20

How much do I get if win the referral contest?

• 1st Prize - $5,000
• 2nd Prize - $2,500
• 3rd Prize - $1,250
• 4th Prize - $625
• 5th Prize - $300
• 6th Prize - $150
• 7th Prize - $75
• 8th Prize - $40
• 9th Prize - $20
• 10th Prize - $10

We wish you every success whether you're a whale or your referrals are.


Don't forget to follow us on Twitter to see every bonus promotion and announcement >>> https://twitter.com/freebitco

[s3cr3t44]

Keep making rewards smaller for free users and now new promos for big spenders. Looks like you wanna run a casino which is fine but do you pay taxes on your profit by any chance. That is more provocative question i know the answer to.

Anyway about competition. Few observations:
1. Why affiliates get half rewards lol they will get shitload of satoshies anyway. I dont get that for site that lately keep on reducing rewards so they are staying profitable to give where is no need.
2. The way rewards are distributed is better you just pay top5 cause last few spots rewards are joke compared.

Good luck with promo(meaning i hope it doesnt backfire and we(everyone that doesnt gamble as much as you see fit) get even lower rewards)!

[TheQuin]

Keep making rewards smaller for free users and now new promos for big spenders. Looks like you wanna run a casino which is fine but do you pay taxes on your profit by any chance. That is more provocative question i know the answer to.

When we first launched we were a faucet funded by advertising which had a 0% house edge dice game to keep people on the site between free rolls.
We changed into a casino over time.
I think the question should be where do we pay taxes?

Anyway about competition. Few observations:
1. Why affiliates get half rewards lol they will get shitload of satoshies anyway. I dont get that for site that lately keep on reducing rewards so they are staying profitable to give where is no need.
2. The way rewards are distributed is better you just pay top5 cause last few spots rewards are joke compared.

The idea is to incentivise people to advertise their referral links where people that use traditional gambling sites will see them.

If you know about Bitcoin then you most likely already have an account with us. We're looking to get it out to a wider audience.

Good luck with promo(meaning i hope it doesnt backfire and we(everyone that doesnt gamble as much as you see fit) get even lower rewards)!

I hope so as well as I came up with some of the ideas.

The reduced rewards are about disincentivising botnets. They have running costs and if we make the rewards too high then we lose a lot to them. Their costs have been coming down so we have to react in this way.

[maksic2004]

What is the honesty of the site that, lose 1000 Satoshi, get a bonus of 1-2 Satoshi to roll, and an hour later they are gone, and the inscription play increase your bonus, why so I have already earned it

[TheQuin]

why so I have already earned it

Playing a free-roll is not a job, so no, you didn't earn it. We gave you a free game, that is what happened. We'll give you another one an hour later as well. Those that play the paid for games as well get bigger rewards.

[maksic2004]

I wrote about it and play the game give an addition to the free roll and after an hour or two it is no longer, again, play only what if the account 00000000

[TheQuin]

what if the account 00000000

You could always try the deposit button. I'm told that often helps.

[maksic2004]

Maybe it helps but to make a Deposit and lose it again.

[Mahdirakib]

Keep making rewards smaller for free users and now new promos for big spenders. Looks like you wanna run a casino which is fine but do you pay taxes on your profit by any chance. That is more provocative question i know the answer to.

Anyway about competition. Few observations:
1. Why affiliates get half rewards lol they will get shitload of satoshies anyway. I dont get that for site that lately keep on reducing rewards so they are staying profitable to give where is no need.
2. The way rewards are distributed is better you just pay top5 cause last few spots rewards are joke compared.

Good luck with promo(meaning i hope it doesnt backfire and we(everyone that doesnt gamble as much as you see fit) get even lower rewards)!

Why affiliates...; I also want to know it properly. The affiliate will get huge amount of satoshi as commission from their referrals. And they will get more prizes for this. I think this is not fair. Make rich person more Rich. Why?

And the first five rewards are bigger. It will better to make the reward prizes smaller and distribute it with more players. 30,000$ is a huge giveaway. Distributing reward with more player will attract all user's to play because there will be a lot of prize pool for them to get.

I don't think there is any value of our words. Because we are just small user of your (wetsuit) site.
This will be pleasure if You(TheQuin) ask wetsuit to make some changes.

[TheQuin]

Why affiliates...; I also want to know it properly. The affiliate will get huge amount of satoshi as commission from their referrals. And they will get more prizes for this. I think this is not fair. Make rich person more Rich. Why?

As I just explained.

The idea is to incentivise people to advertise their referral links where people that use traditional gambling sites will see them.

If you know about Bitcoin then you most likely already have an account with us. We're looking to get it out to a wider audience.

The idea of running a promotion is to benefit the site in the long run and bringing in more gamblers will do that.

And the first five rewards are bigger. It will better to make the reward prizes smaller and distribute it with more players. 30,000$ is a huge giveaway. Distributing reward with more player will attract all user's to play because there will be a lot of prize pool for them to get.

I don't think there is any value of our words. Because we are just small user of your (wetsuit) site.
This will be pleasure if You(TheQuin) ask wetsuit to make some changes.

The wagering contest was my idea after wetsuit asked my opinion on a referral income based competition. wetsuit designed the payout structure, each reward level is halved, the same as the lottery payout structure. Having a very large first prize is a pretty standard marketing strategy because it works. Adding the referral wagering element was also wetsuits idea. I've been discussing these ideas with him for a while now and I feel he is settled on the format.

[Mahdirakib]

The idea is to incentivise people to advertise their referral links where people that use traditional gambling sites will see them.

If you know about Bitcoin then you most likely already have an account with us. We're looking to get it out to a wider audience.

I also think that most bitcoin user have an account at freebitco.in They use it as a faucet as a beginner to bitcoin. And also try the gambling option.

The idea of running a promotion is to benefit the site in the long run and bringing in more gamblers will do that.

And here we can learn that freebitco.in is now a gambling site. Not faucet at all. Hope freebitco.in team will be able to become success on their new project. Best regards.

I will also enjoy the game but not to win the prizes cause I'm not a big gambler.

[TheQuin]

And here we can learn that freebitco.in is now a gambling site. Not faucet at all. Hope freebitco.in team will be able to become success on their new project. Best regards.

I will also enjoy the game but not to win the prizes cause I'm not a big gambler.

Faucets are funded by adverts, they pay you to be marketed at. Our faucet pays you to be marketed at by us with our gambling product. Where did you think all the money to pay the free rolls comes from?

[Mahdirakib]

Faucets are funded by adverts, they pay you to be marketed at. Our faucet pays you to be marketed at by us with our gambling product. Where did you think all the money to pay the free rolls comes from?

In past wetsuit introduce freebitco.in as a faucet. By using Google AdSense he was displaying ads on his site. And I think he got benefit from this. But Google AdSense ban his account because they don't allow faucet to use ads.
But now I think all freebitco team/(wetsuit) earning come from gambling. And you pay a little amount back to user by faucet...Don't sure. I just think that.

[TheQuin]

In past wetsuit introduce freebitco.in as a faucet.

That's pretty much what I said a few hours ago.

When we first launched we were a faucet funded by advertising which had a 0% house edge dice game to keep people on the site between free rolls.
We changed into a casino over time.

We had other adverts after adsense but the site is now a gambling site with a faucet. Unlike any other gambling site we don't mind if people only use the faucet and never gamble.

And you pay a little amount back to user by faucet

Faucets have never paid much. Users that keep higher balances and gamble get a lot more from the faucet because of all the bonuses.

[Mahdirakib]

Faucets have never paid much. Users that keep higher balances and gamble get a lot more from the faucet because of all the bonuses.

Yeah, I know that. I also receive more from the base price of faucet. I always make deposits and gamble here. Though I have lost as much as I can effort. I'm still using freebitco.in & it's on my first choice. Thanks for all information TheQuin

[santaklaus03]

I cant chose any RP bonus ( EVEN 1 RP/roll)  and im not halved.  Have you made any changes on this?

[TheQuin]

I cant chose any RP bonus ( EVEN 1 RP/roll)  and im not halved.  Have you made any changes on this?

There are some ongoing changes but it is work in progress at the moment so I haven't got any details.