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Author Topic: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 361762 times)
chevalier2000
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January 24, 2020, 08:57:49 AM
 #7241

Hello, i have a question about the odd in the betting system.
The odd displayed is only "estimated odd" ?
The odd is registered when we bet or when the bet is closed ? Because if the odd displayed is higher when we bet than in the closure we can lose money.
All other bet sporting website are "what you see is what you get".

Also i don't understand what is the time weight multiplier. It is displayed 30x = 40% of the prize pool. What does it mean ? This is a bonus ?
Sorry my english is poor.
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pinoycash
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January 25, 2020, 02:23:52 AM
 #7242

Hello, i have a question about the odd in the betting system.
The odd displayed is only "estimated odd" ?
The odd is registered when we bet or when the bet is closed ? Because if the odd displayed is higher when we bet than in the closure we can lose money.
All other bet sporting website are "what you see is what you get".

Also i don't understand what is the time weight multiplier. It is displayed 30x = 40% of the prize pool. What does it mean ? This is a bonus ?
Sorry my english is poor.

Weight multiplier is for the early birds who place their bet much earlier. They will get higher percentage in the total prize pool. So if you're planning to place a bet and confident with your choice its better to it right after it was posted.

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January 26, 2020, 08:29:27 AM
 #7243

The odd is registered when we bet or when the bet is closed ? Because if the odd displayed is higher when we bet than in the closure we can lose money.

It is impossible to lose money if you win the bet. The odds change because other people bet against you as it says on the page:

Quote
Bet on the latest events against other FreeBitco.in users and win a share of the prize pool if you pick the winner!

Obviously you don't know what will be in the prize pool to be shared by the winners until all bets have been placed.

All other bet sporting website are "what you see is what you get".

No. Those that offer fixed odds betting and bet against you will tell you the odds when you place a bet but in player versus player betting that isn't how it works. https://en.wikipedia.org/wiki/Parimutuel_betting

freebitcoin.TO WIN A  LAMBORGHINI!..

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yannik.biz
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January 26, 2020, 09:47:11 AM
 #7244

you going to adopt kingDice ? What will happen with freebitcoin  Huh


regards

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TheQuin
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January 27, 2020, 01:16:15 AM
 #7245

you going to adopt kingDice ? What will happen with freebitcoin  Huh


regards

We are going to relaunch a new KingDice and that has no effect on freebitco.in.

freebitcoin.TO WIN A  LAMBORGHINI!..

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pinoycash
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January 27, 2020, 05:32:31 AM
 #7246

you going to adopt kingDice ? What will happen with freebitcoin  Huh


regards

We are going to relaunch a new KingDice and that has no effect on freebitco.in.

its high time for you guys to launch a real casino platform. freebitco.in has been in the service for longer time i remember giving out free sats and lottery tickets to win some awesome prices.

Having king dice as your sister site will be an easy promotion since you already have the trust and the userbase of freebitco.in

adamistraybar
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February 01, 2020, 11:16:10 PM
 #7247

i made a ton of dice bets and got no reward points or lottery ticket is the site broken??

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TheQuin
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February 02, 2020, 03:26:41 AM
 #7248

i made a ton of dice bets and got no reward points or lottery ticket is the site broken??

Not broken, just a bit of lag updating the pages. Wait a while and refresh the page.

freebitcoin.TO WIN A  LAMBORGHINI!..

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Lucky444
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February 06, 2020, 05:05:58 AM
 #7249

When will the cricket match South Africa England 1st ODI be graded? It was played 2 days ago (South Africa won) but still hasn't been graded

The other cricket match New Zealand India 1st ODI is also completed (New Zealand won) yesterday. Was hoping these can get graded soon?
TheQuin
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February 06, 2020, 09:53:11 AM
 #7250

When will the cricket match South Africa England 1st ODI be graded? It was played 2 days ago (South Africa won) but still hasn't been graded

The other cricket match New Zealand India 1st ODI is also completed (New Zealand won) yesterday. Was hoping these can get graded soon?

Both of them were paid in the time we said they would be.

Quote
DECISION LOGIC
The winner of this bet will be the team that wins the match.

If the match is abandoned without a result, bets on both teams will receive 50% of the finishing outcome odds.

Winners will be declared and paid out within 48 hours of the match ending.

freebitcoin.TO WIN A  LAMBORGHINI!..

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February 07, 2020, 07:28:31 AM
 #7251

Я выигpывaл 0.3 BTC в 231 лoтepee.
aksu
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February 13, 2020, 09:09:22 AM
 #7252

What is "house edge" in betting?
If formula is (Bet Amount)*(100%+(Time Weight Multiplier)%), is this still multiplyed by closing odds? Can I assume that early bettor can have 0% house edge and later bettors pay house edge?
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February 13, 2020, 09:35:02 AM
 #7253

What is "house edge" in betting?

5% the same as the dice.


If formula is (Bet Amount)*(100%+(Time Weight Multiplier)%), is this still multiplyed by closing odds? Can I assume that early bettor can have 0% house edge and later bettors pay house edge?

No.

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February 13, 2020, 09:49:25 AM
 #7254

This seems to be complicated. So first there is 5% cut and early bird can have 95% return, so last bettor can have only 47,5% return, is this correct?
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February 13, 2020, 03:06:47 PM
 #7255

This seems to be complicated. So first there is 5% cut and early bird can have 95% return, so last bettor can have only 47,5% return, is this correct?

no wonder they can afford to distribute lamborghins  Cheesy
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February 14, 2020, 02:38:45 AM
 #7256

no wonder they can afford to distribute lamborghins  Cheesy

Name a parimutuel betting site with a smaller house edge.

freebitcoin.TO WIN A  LAMBORGHINI!..

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February 14, 2020, 06:19:01 AM
 #7257


no wonder they can afford to distribute lamborghins  Cheesy

NGL, I'd love myself some Lambos sitting in my garage Cheesy

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February 14, 2020, 08:30:13 AM
 #7258

Name a parimutuel betting site with a smaller house edge.

There is a lot ~97% betting sites with bitcoins and all asians bookies have ~98% with fiat. You cant engage meaningful betting with 50% return, it is ridiculous. I looked their turnover and it is not much. They would do better to release just simple tote pool with 95% return and get 100x bigger volume or 98% return and 1000x bigger volume. These are researched stuff.
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February 14, 2020, 02:36:56 PM
 #7259

Also there is no accountancy of own bets and it is difficult to monitor bets. It would increase credibility if there was a total statement of how much money each option received and how much it was paid out in winnings.
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February 15, 2020, 06:51:44 AM
 #7260

Name a parimutuel betting site with a smaller house edge.

There is a lot ~97% betting sites with bitcoins and all asians bookies have ~98% with fiat. You cant engage meaningful betting with 50% return, it is ridiculous. I looked their turnover and it is not much. They would do better to release just simple tote pool with 95% return and get 100x bigger volume or 98% return and 1000x bigger volume. These are researched stuff.

You did not answer my question. Name a parimutuel betting site with a smaller house edge.

Also there is no accountancy of own bets and it is difficult to monitor bets. It would increase credibility if there was a total statement of how much money each option received and how much it was paid out in winnings.

Your bets move to My Expired Bets for one month after the event. You can keep your own records if you want a longer record. That has nothing to do with credibility.

freebitcoin.TO WIN A  LAMBORGHINI!..

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