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Author Topic: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 406429 times)
Holdaaja
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December 29, 2015, 04:39:45 PM
 #1221

...
I do not understand the recent fascination with people wanting to collect 800 or 1,000 satoshi every hour by hitting faucets. That was never my intention with freebitco.in. I always made it to be a place where people could have a bit of fun and play for a shot at winning a significant prize. The low rewards are in place simply so that if you do not win a big prize, you at least get something.

Well, if that's your goal, why not tweaking the payout structure to increase chances of winning anything higher than basic payout? Say, something between 10-20% instead of current 1.14%.

Judging on my referred list, it looks like most people would click few times and then let it go. Giving higher chance of winning even just slightly higher amount could give a small psychological boost to the users and could help maintain active users base.

Just my suggestion. It's your site and your decision.



Increasing the rewards would not be possible under the current circumstances because as it stands, the ad revenue that we get is not enough to pay the free play rewards which is currently subsidized due to the multiplier. So unless we get much larger multiplier volumes, we cannot pay more that what we currently are.

Maybe users would prefer to have a larger shot at winning $20 with no chance of winning $200. It is too much of a risk to adjust the payout tiers directly so I would need to run some tests to get a better idea of what kind of prizes people would prefer to win.

For me higher change for 20$ without change of winning 200$ sounds good.

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pawel7777
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December 29, 2015, 06:35:05 PM
 #1222


Increasing the rewards would not be possible under the current circumstances because as it stands, the ad revenue that we get is not enough to pay the free play rewards which is currently subsidized due to the multiplier. So unless we get much larger multiplier volumes, we cannot pay more that what we currently are.

Maybe users would prefer to have a larger shot at winning $20 with no chance of winning $200. It is too much of a risk to adjust the payout tiers directly so I would need to run some tests to get a better idea of what kind of prizes people would prefer to win.

I get that. I wasn't talking about increasing rewards, but just about tweaking payout tiers.

imho, 3-4 tiers, with ~10% chance of winning something bigger than basic payout (ie 3*basic) could work better for you in terms of retaining users (I haven't done any math on this so not sure if feasible).

If I had to choose between the current system and higher chance of winning $20 I'd go for the latter. But that's just my preference.


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onlinedragon
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December 29, 2015, 07:34:50 PM
 #1223

Won today 0.00046544 BTC with the Faucet nice to win something more then average.
Nomad88
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December 29, 2015, 08:39:23 PM
 #1224

Won today 0.00046544 BTC with the Faucet nice to win something more then average.


I won the same prize twice. Never more than that. I have been using it for quite long timme now. I really like this site.

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January 10, 2016, 03:56:01 PM
 #1225

I just won the seventh prize of 0.04724441 BTC in the free weekly lottery draw @ FreeBitco.in https://freebitco.in/?r=518554      Grin Grin Grin
onlinepro
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January 10, 2016, 04:02:25 PM
 #1226

I just won the seventh prize of 0.04724441 BTC in the free weekly lottery draw @ FreeBitco.in https://freebitco.in/?r=518554      Grin Grin Grin

Nice win!
I wish I can win big price one day too.

How many tickets did you have?

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January 10, 2016, 05:03:50 PM
 #1227

I just won the seventh prize of 0.04724441 BTC in the free weekly lottery draw @ FreeBitco.in https://freebitco.in/?r=518554      Grin Grin Grin

Congratulations but I would like to see a post saying hey I won 1 BTC in free lottery at freebitco.in

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January 11, 2016, 07:22:59 AM
 #1228

I just won the seventh prize of 0.04724441 BTC in the free weekly lottery draw @ FreeBitco.in https://freebitco.in/?r=518554      Grin Grin Grin

Congratulations but I would like to see a post saying hey I won 1 BTC in free lottery at freebitco.in

i see that first prize won over 3BTC congrats to lucky winner i must say that is huge amount and see that this faucet is becoming so big that none can match it



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January 11, 2016, 04:46:42 PM
 #1229

I just won the seventh prize of 0.04724441 BTC in the free weekly lottery draw @ FreeBitco.in https://freebitco.in/?r=518554      Grin Grin Grin

Congratulations but I would like to see a post saying hey I won 1 BTC in free lottery at freebitco.in

i see that first prize won over 3BTC congrats to lucky winner i must say that is huge amount and see that this faucet is becoming so big that none can match it

Yeh really lucky guy it would be nice if he post a screen shoot of his winning and motivate us to keep using this faucet .

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January 11, 2016, 05:07:57 PM
 #1230

I just won the seventh prize of 0.04724441 BTC in the free weekly lottery draw @ FreeBitco.in https://freebitco.in/?r=518554      Grin Grin Grin

Congratulations on a nice win Smiley

Very nice wins, every round is bigger and bigger and more ticket is in game.First place is won 3 BTC which is almost 1350$ Smiley


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January 11, 2016, 05:34:43 PM
 #1231

I just won the seventh prize of 0.04724441 BTC in the free weekly lottery draw @ FreeBitco.in https://freebitco.in/?r=518554      Grin Grin Grin

Congratulations on a nice win Smiley

Very nice wins, every round is bigger and bigger and more ticket is in game.First place is won 3 BTC which is almost 1350$ Smiley



I think someone picked up on how the lottery works and are investing quite a lot of money into trying to win it. Lately the jackpot 1st prize is much bigger than what it used to

be and the winning tickets are much more too.. for some time the 1st prize was won with very little tickets. If the system works as the website states, the people who owns

the most tickets, should in theory dominate the 1st spot winnings and it seems to be the case lately. It is nice to see weekly 1st prizes and second prizes above 1 BTC.  Grin

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January 11, 2016, 05:42:22 PM
 #1232

I just won the seventh prize of 0.04724441 BTC in the free weekly lottery draw @ FreeBitco.in https://freebitco.in/?r=518554      Grin Grin Grin

Congratulations on a nice win Smiley

Very nice wins, every round is bigger and bigger and more ticket is in game.First place is won 3 BTC which is almost 1350$ Smiley



I think someone picked up on how the lottery works and are investing quite a lot of money into trying to win it. Lately the jackpot 1st prize is much bigger than what it used to

be and the winning tickets are much more too.. for some time the 1st prize was won with very little tickets. If the system works as the website states, the people who owns

the most tickets, should in theory dominate the 1st spot winnings and it seems to be the case lately. It is nice to see weekly 1st prizes and second prizes above 1 BTC.  Grin
yes I noticed the total ticket sold used to be around 1 crore .

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lottoitaliano
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January 11, 2016, 06:24:35 PM
 #1233

The payment for lottery are very high last week , why ?
is possible because now pay already one free ticket every 8500 satoshi play to the dice game, and have very more user?
Holdaaja
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January 11, 2016, 06:27:22 PM
 #1234

The payment for lottery are very high last week , why ?
is possible because now pay already one free ticket every 8500 satoshi play to the dice game, and have very more user?

I think more tickets bought means bigger prices.

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Temo58
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January 11, 2016, 07:37:22 PM
 #1235

The payment for lottery are very high last week , why ?

more tickets more prizes.  Wink if 1 ticket costs 8500 sat , 7000 going in prizepool and 1500 is admin commision.
pawel7777
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January 11, 2016, 08:11:47 PM
 #1236

The payment for lottery are very high last week , why ?

more tickets more prizes.  Wink if 1 ticket costs 8500 sat , 7000 going in prizepool and 1500 is admin commision.

1 ticket costs 17sats. You also get FREE ticket for each 8500 sat wagered, but that's not the cost of the ticket.

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wadii33
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January 11, 2016, 11:22:01 PM
 #1237

The payment for lottery are very high last week , why ?

more tickets more prizes.  Wink if 1 ticket costs 8500 sat , 7000 going in prizepool and 1500 is admin commision.
no a ticket costs only about 17 +-1 depends on bitcoin prices but for 8500 it isfor every 8500 satoshi wagered in the dice game you get a free lottery tickets and the reason for the prize getting higher is that users started to buy more tickets and play dice more
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January 12, 2016, 04:10:26 PM
 #1238

This is definitely not just more people playing... I figure it is one or more than one player buying a bunch of tickets and then dividing the winnings. We are seeing people with

3 000 000 and 9 000 000 tickets and that means they are dumping at least 1.53 BTC on this lottery. That person who won the 10th prize of 0.00590555 BTC ....spend 1.53 BTC

in tickets. That is just crazy... or something is wrong here. Why spend  $600+ to win $2.7? .....There has to be some group of people who is sharing the prize.

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pawel7777
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January 12, 2016, 04:29:14 PM
 #1239

This is definitely not just more people playing... I figure it is one or more than one player buying a bunch of tickets and then dividing the winnings. We are seeing people with

3 000 000 and 9 000 000 tickets and that means they are dumping at least 1.53 BTC on this lottery. That person who won the 10th prize of 0.00590555 BTC ....spend 1.53 BTC

in tickets. That is just crazy... or something is wrong here. Why spend  $600+ to win $2.7? .....There has to be some group of people who is sharing the prize.

But how do you know he/they bought the tickets? It's probably easier to earn them by gambling. Example: set auto-bet with a base bet at 85000 sats (10 tickets per roll) at payout ~x1.1125 and increase base on loss at ~x10, if you have large balance, with bit of luck you can earn thousands if not millions of tickets while actually making a profit.

But personally I think those could relate to the top referrers (you also earn ticket for each roll of your referee).

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Kprawn
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January 12, 2016, 05:04:43 PM
 #1240

This is definitely not just more people playing... I figure it is one or more than one player buying a bunch of tickets and then dividing the winnings. We are seeing people with

3 000 000 and 9 000 000 tickets and that means they are dumping at least 1.53 BTC on this lottery. That person who won the 10th prize of 0.00590555 BTC ....spend 1.53 BTC

in tickets. That is just crazy... or something is wrong here. Why spend  $600+ to win $2.7? .....There has to be some group of people who is sharing the prize.

But how do you know he/they bought the tickets? It's probably easier to earn them by gambling. Example: set auto-bet with a base bet at 85000 sats (10 tickets per roll) at payout ~x1.1125 and increase base on loss at ~x10, if you have large balance, with bit of luck you can earn thousands if not millions of tickets while actually making a profit.

But personally I think those could relate to the top referrers (you also earn ticket for each roll of your referee).

Interesting observation Mr Holmes, I did not see the recent addition of the " 1 ticket for every 0.00008500 BTC that you wager in the MULTIPLY BTC game! " ...thank you for

pointing that out to me. I just cannot see how people would risk using the multiply option, because I have never been very successful with that part of the faucet. If the

person got those tickets from the referral side, we would have noticed it before in some of the other draws. It has never been this high... only averaging at about 1 BTC per

week for the last couple of months.  Wink

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