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Author Topic: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 357684 times)
aksu
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February 15, 2020, 09:07:14 AM
 #7261

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

I did not know the term, parimutuel is like tote pool. Yes I dont know any tote pool betting with bitcoins in the whole internet. But it doesnt matter, rules of the game are too bad, when I can bet on fixed odds with 97% return.
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February 15, 2020, 09:18:06 AM
Merited by mindrust (1)
 #7262

I did not know the term, parimutuel is like tote pool. Yes I dont know any tote pool betting with bitcoins in the whole internet. But it doesnt matter, rules of the game are too bad, when I can bet on fixed odds with 97% return.

https://en.wikipedia.org/wiki/Parimutuel_betting

I only know of one other Crypto site that does parimutuel betting which also has a 5% house edge. For fixed odds betting you will normally get a minimum of 5.5% house edge.

freebitcoin.TO WIN A  LAMBORGHINI!..

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February 15, 2020, 01:36:30 PM
 #7263

I only know of one other Crypto site that does parimutuel betting which also has a 5% house edge. For fixed odds betting you will normally get a minimum of 5.5% house edge.

What is that site?
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February 15, 2020, 06:46:19 PM
 #7264

What am i missing here. i have played free rolls 106 times. every time i have play the multiply btc rolls. that is 14272 times. when i started that i was calculating that i need to play that 25000 times to get to 0.00000020 bonus. but now i have 19.1641% achieved to next bonus. and it goes down every hour.
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February 15, 2020, 11:32:36 PM
 #7265

I only know of one other Crypto site that does parimutuel betting which also has a 5% house edge. For fixed odds betting you will normally get a minimum of 5.5% house edge.

What is that site?


You have to answer my question before you get to ask me another one.

Name a parimutuel betting site with a smaller house edge.


...i have 19.1641% achieved to next bonus. and it goes down every hour.

It goes down every time you do a free roll. To earn a bonus you have to wager enough in proportion to how much we have given you for free.

freebitcoin.TO WIN A  LAMBORGHINI!..

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February 16, 2020, 11:09:19 AM
 #7266

Ah ok. I have just been unlucky then. Cheesy
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February 17, 2020, 10:33:54 PM
 #7267


You have to answer my question before you get to ask me another one.

Name a parimutuel betting site with a smaller house edge.

Well I dont know any other betting site with bitcoins and parimutuel. But I guess they all have smaller house edge, because freebitco has around 70 - 75% which is very small.
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February 18, 2020, 12:39:30 AM
 #7268

Well I dont know any other betting site with bitcoins and parimutuel.

I didn't specify Bitcoin. Name ANY parimutuel betting site with a lower house edge.

But I guess they all have smaller house edge, because freebitco has around 70 - 75% which is very small.

You guess wrong. Our house edge is 5% which makes it the same or better than any other parimutuel betting site and fixed odds betting usually has a higher house edge as the bookie is taking a greater risk. You keep stating that there are better places to bet but so far a failed to name one.

freebitcoin.TO WIN A  LAMBORGHINI!..

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February 18, 2020, 11:30:26 AM
Last edit: February 18, 2020, 04:29:43 PM by aksu
 #7269


You guess wrong. Our house edge is 5% which makes it the same or better than any other parimutuel betting site and fixed odds betting usually has a higher house edge as the bookie is taking a greater risk. You keep stating that there are better places to bet but so far a failed to name one.


This is not true, because bettor have to be very early. If he notices match even one day late, he can not have 95% percent return, it is allready under 90%. In Sweden and Finland have state-owned tipping companies that offers 85% percent return to horse races. It is lower return, but bettor can place bets to last minute before race with same conditions. What comes to fixed odds, here is sample of this evening CL-match between Dortmund and PSG:  https://www.oddsportal.com/soccer/europe/champions-league/dortmund-paris-sg-UX5SubKs/#ah;2;0.00;0  There is 4 bookmakers that offer over 98% return, in Asian betting companies around 98% is common.
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February 19, 2020, 02:57:30 AM
Last edit: February 19, 2020, 04:01:32 AM by TheQuin
 #7270

This is not true,

It is true because your logic is completely flawed. We only take 5% from the prize pool so everyone gets the other 95%. The time weight multiplier is irrelevant to the house edge.

because bettor have to be very early. If he notices match even one day late, he can not have 95% percent return, it is allready under 90%. In Sweden and Finland have state-owned tipping companies that offers 85% percent return to horse races. It is lower return,

Congratulations, you finally got something right. most parimutuel betting has a minimum of 15% house edge and is often far bigger.

but bettor can place bets to last minute before race with same conditions.

Many bettors prefer the way we do it as they get a better return by betting early or a choice to bet late when more information that may affect the result is known (eg. the teams have been announced and a start player is injured). That actually makes it fairer, in fixed odds betting the odds will change in situations like that so the returns do vary depending on when you bet.

What comes to fixed odds, here is sample of this evening CL-match between Dortmund and PSG:  https://www.oddsportal.com/soccer/europe/champions-league/dortmund-paris-sg-UX5SubKs/#ah;2;0.00;0  There is 4 bookmakers that offer over 98% return, in Asian betting companies around 98% is common.

I just clicked that links and took a screenshot.



A 95% return looks very competitive in that market place even if you ignore that you'll be earning free lottery tickets, golden tickets and reward points and Free BTC bonuses by betting with us.

You still haven't named a parimutuel betting site with a better house edge and are making comparisons of house edges in different betting types. If you don't like parimutuel betting then don't do it.

freebitcoin.TO WIN A  LAMBORGHINI!..

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February 19, 2020, 01:25:01 PM
 #7271

Free Bitcoin   Shocked  https://youtu.be/4HRu-0Bjpk8

Just a heads up, don't click on the link. It's some obvious BTC scam giveaway in the YouTube video.


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February 19, 2020, 03:07:07 PM
 #7272

It is true because your logic is completely flawed. We only take 5% from the prize pool so everyone gets the other 95%. The time weight multiplier is irrelevant to the house edge.
I'm sorry for the misunderstanding, but you explained the matter badly. So you are returning really 95%, though not for everyone but first bettors can get theoretically over 100% and have great advantage.

Quote
You still haven't named a parimutuel betting site with a better house edge and are making comparisons of house edges in different betting types. If you don't like parimutuel betting then don't do it.

And I wont, I didn't claim to know a single one. And no I wont, I like betting, but not this time weighted system.
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February 19, 2020, 05:06:35 PM
 #7273

@TheQuin
Can i withdraw my Bitcoin to segwit address?
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February 20, 2020, 01:10:32 AM
 #7274

@TheQuin
Can i withdraw my Bitcoin to segwit address?

Yes. You can enter all Bitcoin addresses on the withdraw page but you can't set the profile address (default withdrawal address) to a Bech32 address.



~ I like betting, but not this time weighted system.

If you think about it a bit it just makes the parimutuel system function a bit more like fixed odds where an early bettor might get much better odds when less information is available and then the odds tighten later on. Parimutuel betting without the TWM is often unfair to early bettors.

freebitcoin.TO WIN A  LAMBORGHINI!..

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February 20, 2020, 01:36:58 AM
 #7275


And I wont, I didn't claim to know a single one. And no I wont, I like betting, but not this time weighted system.

Well, you can bet on other sites if you don't fancy parimutuel. After all, it's their call to operate on their own terms.

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February 23, 2020, 12:24:52 PM
Last edit: February 23, 2020, 02:39:28 PM by eldavo
 #7276

I just got 10000 on a 1 satoshi multiply btc rool... i feel so sad

EDIT: I've read a few pages of this thread. I'm glad to see the developers active on the forum! So I'd like to ask a few question, hoping they don't ignore me

1) Feature-request: "Step-mode" for auto-bet. I lost lots of money by accidentally putting the wrong settings in auto-bet. It's fine, it's my fault, but I thought... Is it possible to have a betting option where settings change automatically but you still have to click the roll button every time?
2) Feature request: Dark mode?
3) I'm falling in love with free bitcoin, so much that I'm using both my phone and my PC to get free rolls. Sometimes they are on the same IP, sometimes they are not. Many times I forget I already rolled on one device and I try to do it on the other one, only to have the error "someone has already played from your ip address...". Sometimes it also happens on mobile data connection ( I guess my mobile ISP NATs). My question is, do I risk to be banned? Should I be more careful about trying to continously rool? Some days I stay the whole day on my PC, so I can continously roll, do I risk to be banned because my behaviour is too similar to a bot? PS: Sometimes I also use my personal VPN (that is not detected as a VPN), can these things flag my account?
4) What is the minimum free btc payout? I've seen it decreasing to 15 satoshis and I bought tickets to bring it up but i'd like to know if there is a minimum payout or it goes down until 0 satoshis.
5) I'm trying to figure out a bonus strategy to maximize profits (hope it's legit). Does the x% more satoshi bonus get calculated in real time or when the bonus starts?
I'll explain better: I now have 40 satoshis per free rool. With 100% free btc bonus, I would get 40+40=80. If, during the bonus, my free btc goes down to 20, does the bonus get lower as well (20+20) or stays at 40 (20+40)?
6) Is it possible to have the TOS available when you are logged in? As you can understand from my questions, I'm really anxious about getting banned, so sometimes I'd like to re-read the rules to ensure I'm not breaking them.
7) I signed up using a referral guy that I know, but I heavily suspect he's using bots. My question is, if he gets banned, do I get banned as well?  
Cool No way to know if you're doing something wrong? Just permanent ban? For example in Pokemon go you first get kicked, than you get a 7-day warning and a 30-day warning and then a ban. Or in Youtube you can see if you uploaded copyrighted material they flag your account for some time and they let you know...
9) There is an option to disable interest. Why? Is there a reason of why an user should do that? Saying no to extra free satoshis?
10) Do accounts get deleted for inactivity? I got some satoshis from 2015 and I forgot I had them. In some months I'll probably stop using freebitcoin and forget I've deposited in there... (I forget everything Sad )
11) Bonus feature-request: Translations?
12) Bonus: I'm tired of mis-reading "provably fair" as "probably fair", can you change the words please?  Tongue

Thank you for your answers, if you decide to answer lol. Have a great day!
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February 23, 2020, 03:13:51 PM
Merited by peter0425 (2)
 #7277

I just got 10000 on a 1 satoshi multiply btc rool... i feel so sad

EDIT: I've read a few pages of this thread. I'm glad to see the developers active on the forum! So I'd like to ask a few question, hoping they don't ignore me



That's a ton of questions, Quin will handle them for you. In the meanwhile I can try to answer to the best of my knowledge:

3) This happens when both devices have loaded the page when the claim was ready. Nothing wrong with that, as long as you don't bypass the cooldown. For the VPN, it's best not to use it when claiming.
4) The free payout is progressive; it increases when you wager and purchase lottery tickets and decreases when you claim. So yes, it can drop to 0 once the system determines your claims vastly outnumbers the amount wagered, especially on accounts that played with miniscule amounts (every claim is 3-digits worth of Sats).
5) It gets calculated the moment you click on "Redeem". So for instance if you redeemed the bonus at 5:04pm Tuesday, it'll expire at the same time the next day. But then you still have to manually claim from the faucet to utilize it.
6) IMHO, displaying the TOS can be annoying for many since not all bother to read them due the length, but perhaps the site could add a more detailed one (currently the FAQ doesn't really cover what you're looking for).
7) Nope. All accounts are independent, unless they're linked (e.g. both upline and downline are traced from the same IP address).
8.) AFAIK, any actions that are abusive, such as referring multiple instances are dealt with permanent bans. Never seen a temp one so far.
9) My educated guess would be for the Muslim members. In their religion, it's forbidden to collect interests. This option is also common on forex platforms.
10) Yes, the system clears inactive accounts from time to time.
12) There's nothing wrong with the current wording. You might want to read it more carefully next time Wink

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February 23, 2020, 05:55:06 PM
Last edit: February 23, 2020, 06:57:03 PM by eldavo
 #7278

Thank you for answering dear. I guess Quin will answer when he will come back to work, tomorrow.

That's a ton of questions

Sorry, they were supposed to be 4-5 but my hands slipped on the keyboard lol

yes, it can drop to 0 once the system determines your claims vastly outnumbers the amount wagered, especially on accounts that played with miniscule amounts (every claim is 3-digits worth of Sats).


Is it possible to even have a profit in the long run then? (I guess the answer is in the RPs...)


In their religion, it's forbidden to collect interests.

That's cool, you never stop learning...

You might want to read it more carefully next time Wink

As a non-English speaker, I've read thousands of "probably" but never a single "provably".. so my brain auto-replaces the letter. Wrote it here just because I thought it was funny to say lol.


Another question, because why not:
I noticed it's getting more and more difficult to get +20 free btc bonus. I'd like to withdraw all my balance, close my account, open a new one and re-deposit all my balance. Would this be considered abuse?

EDIT: Another twos:
Why is there an option to play without captcha? I mean, what is the advantage of an user doing that (if not using bots).
Are RP bonuses even profitable? To make a profit from them, you need to roll 12+ times a day, but if you do that, you'll be probably marked as a bot! So what's the point?
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February 23, 2020, 09:01:38 PM
 #7279

@eldavo, I will try to answer some of your questions:
2. Dark mode, I think it's good idea.
3. I think you're risking by playing in such way. It would be best to use Freebitco.in using single IP.
4. I remember minimal reward on Freebitco.in was 9 or 10 Satoshi when Bitcoin was at $20k
6. I agree, it can be displayed together with FAQ.
7. No, if you didn't broke any rules, you shouldn't be worried. And AFAIK, all bans are permanent on Freebitco.in
8. You missed this number Smiley.
9. I know that people can disable getting free lotterry tickets, it's for religious reasons. As UserU said, it might be same reason.
10. They delete completely inactive accounts, but they don't touch accounts with ballance.
11. I like this idea. It could help Freebitco.in to go even more global.
12. Can you offer an alternative for words "provably fair" Cheesy?

Why is there an option to play without captcha? I mean, what is the advantage of an user doing that (if not using bots).
It's like a bonus for active Freebitco.in players. And sometimes ReCaptcha is very difficult to solve, so playing without captcha makes our life easier.




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TheQuin
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February 24, 2020, 02:57:30 AM
 #7280

I just got 10000 on a 1 satoshi multiply btc rool... i feel so sad

EDIT: I've read a few pages of this thread. I'm glad to see the developers active on the forum! So I'd like to ask a few question, hoping they don't ignore me

1) Feature-request: "Step-mode" for auto-bet. I lost lots of money by accidentally putting the wrong settings in auto-bet. It's fine, it's my fault, but I thought... Is it possible to have a betting option where settings change automatically but you still have to click the roll button every time?

We're not going to change the auto-roll. If you want any other features try https://bot.seuntjie.com/

2) Feature request: Dark mode?

That's already on the to-do list.


3) I'm falling in love with free bitcoin, so much that I'm using both my phone and my PC to get free rolls. Sometimes they are on the same IP, sometimes they are not. Many times I forget I already rolled on one device and I try to do it on the other one, only to have the error "someone has already played from your ip address...". Sometimes it also happens on mobile data connection ( I guess my mobile ISP NATs). My question is, do I risk to be banned? Should I be more careful about trying to continously rool? Some days I stay the whole day on my PC, so I can continously roll, do I risk to be banned because my behaviour is too similar to a bot? PS: Sometimes I also use my personal VPN (that is not detected as a VPN), can these things flag my account?

The system is designed to only let you have one free roll per hour. As long as you don't use multiple accounts to get around that you will be OK.

4) What is the minimum free btc payout? I've seen it decreasing to 15 satoshis and I bought tickets to bring it up but i'd like to know if there is a minimum payout or it goes down until 0 satoshis.

The low wagering reduction stop when you get to 33.5% of the base reward (0.002 USD)

5) I'm trying to figure out a bonus strategy to maximize profits (hope it's legit). Does the x% more satoshi bonus get calculated in real time or when the bonus starts?
I'll explain better: I now have 40 satoshis per free rool. With 100% free btc bonus, I would get 40+40=80. If, during the bonus, my free btc goes down to 20, does the bonus get lower as well (20+20) or stays at 40 (20+40)?

From the rewards page:
Quote
FREE BTC BONUS
Redeem your points to increase your minimum free FREE BTC reward! Each bonus is valid for 24 hours after redemption. This bonus will only increase the lowest prize in the FREE BTC table and only the base reward will be multiplied by this bonus and then added to any other bonuses that you have currently.

Or bonuses are not applied to other bonuses in other words.

6) Is it possible to have the TOS available when you are logged in? As you can understand from my questions, I'm really anxious about getting banned, so sometimes I'd like to re-read the rules to ensure I'm not breaking them.

Don't abuse by claiming more than one free roll per hour or steal referral commissions by self-referring. It's too obvious to need a ToS.

7) I signed up using a referral guy that I know, but I heavily suspect he's using bots. My question is, if he gets banned, do I get banned as well?  

That is quite possible as if they have hundreds or thousands of bot referrals I am unlikely to spot if there are one or two real ones hiding there. Just open a new account with default referrer and stop using the old one if you are worried about it.

Cool No way to know if you're doing something wrong? Just permanent ban? For example in Pokemon go you first get kicked, than you get a 7-day warning and a 30-day warning and then a ban. Or in Youtube you can see if you uploaded copyrighted material they flag your account for some time and they let you know...

We have 2 types of ban. Automatic banning from free rolls but you can still use the rest of the site. This is triggered by certain behaviours that are common for bots.
Manual hammer ban if I find them abusing. Both are permanent unless you can convince me I made a mistake.

9) There is an option to disable interest. Why? Is there a reason of why an user should do that? Saying no to extra free satoshis?

Some people caught religion and cannot be cured.

10) Do accounts get deleted for inactivity? I got some satoshis from 2015 and I forgot I had them. In some months I'll probably stop using freebitcoin and forget I've deposited in there... (I forget everything Sad )

No. Only accounts that have never been used at all.

11) Bonus feature-request: Translations?

Maybe.

12) Bonus: I'm tired of mis-reading "provably fair" as "probably fair", can you change the words please?  Tongue

It's the phrase that best describes what it does. It gives you the tools to prove to yourself that it is fair.

freebitcoin.TO WIN A  LAMBORGHINI!..

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