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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 421579 times)
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October 09, 2019, 07:33:28 PM
 #10041

We could try to calculate how much the tickets cost? I mean there are tons of tickets that have been given for free that is for sure but since we have no data that how many of the tickets are free in both normal lottery and lambo lottery all we have as data point is the ticket numbers and ticket prices.

So, looking at the lambo deal there has been about 1300+ btc worth of tickets gone, I am not saying bought because they are doing both wagered amount free ticket giveaway and deposit bonuses now so they are not all bought but I want to remind you this is just the data we have. Whereas regular lottery tickets are around 1 btc or so, it is of course new so it will probably end with about 2.5 or 3 at most. So, as you can see there is about 1300 bitcoin difference.

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October 09, 2019, 07:40:45 PM
 #10042

Whereas regular lottery tickets are around 1 btc or so, it is of course new so it will probably end with about 2.5 or 3 at most. So, as you can see there is about 1300 bitcoin difference.

There is a huge difference because while the regular tickets gets spent every week, the lambo tickets are cumulatively piling up every day since... since I don't know exactly when but I know it has been up more than a month.




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October 11, 2019, 02:59:16 PM
 #10043

It will be up for 6 months which means 24 weeks, still not even remotely close, we are still talking about 1300+ btc versus maybe maximum 30 btc total. It is not a wonder tho because even tho lottery tickets (regular ones) are quite easy to get, they are given away free for basically everything, hence all in all nobody spends neither 1 btc nor 1300 btc on these tickets but at least those are the data we have and considering people spend more money to get lambo tickets compared to regular tickets, even if they are "given away" they are given away for a lot more expensive stuff.

200K is around 25 bitcoins or so, I reaaaallly doubt freebitcoin didn't sold 25 btc worth of tickets on that 1300+ btc worth of gone, even if not they probably made more from wagers thanks to ticket sales then they would normally do so they are in profit on this one.

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October 11, 2019, 05:21:04 PM
 #10044

That was my take also, I dont know for sure if the appreciation in BTC price since contest started has helped the viability of the contest prize vs takings but either way I think we can call this a big success and its done the job of be eyecatching and immediate 'sell' in terms of getting people involved.
   It might even help BTC overall because of the deposit thing, whats the downside to speculating on a small 0.05 BTC deposit, getting interest on that after deposit and receiving a chance of a dream supercar.    I like thats a thing, maybe next time we could go with the current meta and have like Tesla or 10x of them if they are becoming more affordable.   Sell the green side to it all, I forget which country it is I read about, maybe Norway that only allows parking for electric cars and free pass through towns and so on.   Its very biased but I can understand from the air quality point of view, I know London gives no congestion charge for zero emission vehicles (also 9 seater old Land Rovers btw).   Obviously the capital issue matters but the running costs of an electric car is potentially great vs the Lambo running cost for me I dont know if I could afford it though it'd be a nice dilemena to have for sure.

.
Jumped the gun slightly there, some delay is the practise on most gambling sites as they schedule all withdrawal requests together to save fees I imagine.


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October 12, 2019, 02:22:27 AM
 #10045

I'm really failing to see why freebitcoin is giving away lambo tickets for people who are depositing , can't they just deposit and make a withdrawal after that ?
not sure if people who are gambling in the site like the way the tickets are getting distributed cause IMO it's not fair to gamblers

We run that promo when transaction fees are high to compensate for the increased cost of depositing so it probably wouldn't be worthwhile trying to abuse it that way.



Jumped the gun slightly there, some delay is the practise on most gambling sites as they schedule all withdrawal requests together to save fees I imagine.

To run the wallets efficiently we only have one UTXO in each of the 2 withdrawal wallets so there are not lots of inputs making the transaction larger. That means we spend the change from the previous transaction each time. If fees suddenly increase and one transaction gets stuck then there are only a fixed number of dependant transactions we can broadcast. So if the TXID we gave you doesn't show up on the blockchain it means we have prepared the transaction but can't broadcast it until a previous transaction has confirmed.



Is there a problem with the India V South Africa and Pakistan V Sri Lanka betting?

Both matches have finished and yet the status is still "pending".

Sorry about the delay on that one. I was on holiday and missed that the game needed paying out so I think it ended up being a little over the 48 hours we specify on the site.


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October 12, 2019, 06:56:09 PM
 #10046

^^ You guys deserve a little break time to time, maybe you should be doing this as a two man job instead of just quin doing it all by himself, after all every single second freebitcoin grows bigger (at least it feels that way, thequin can say if it is actually growing all the time or if there are bad days as well) and that means there needs to be some help, wetsuit used to do it himself all the time and wrote here but running the website and also being the support and community manager all got too hot for him so he got help now but now we are growing even bigger so I would say we need even more help, another person helping out thequin would be lovely, not for us, dude reaches out to all of us perfectly and he is an awesome person who does everything in his power, but there needs to be help for him so that he can take times off here and there.


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hosseinimr93
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October 12, 2019, 08:42:39 PM
 #10047

^^ You guys deserve a little break time to time, maybe you should be doing this as a two man job instead of just quin doing it all by himself, after all every single second freebitcoin grows bigger (at least it feels that way, thequin can say if it is actually growing all the time or if there are bad days as well) and that means there needs to be some help, wetsuit used to do it himself all the time and wrote here but running the website and also being the support and community manager all got too hot for him so he got help now but now we are growing even bigger so I would say we need even more help, another person helping out thequin would be lovely, not for us, dude reaches out to all of us perfectly and he is an awesome person who does everything in his power, but there needs to be help for him so that he can take times off here and there.
First of all we don't know what is going on behind the scene. We don't know TheQuin is doing all the works alone or there are some people helping him. I guess a team are working together.
Secondly, Freebitco has enough money to hire people if it is needed.
What is important now is that every thing is going very well. It does not matter how many people are working.

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October 13, 2019, 04:57:25 AM
 #10048

^^ You guys deserve a little break time to time, maybe you should be doing this as a two man job instead of just quin doing it all by himself, after all every single second freebitcoin grows bigger (at least it feels that way, thequin can say if it is actually growing all the time or if there are bad days as well) and that means there needs to be some help, wetsuit used to do it himself all the time and wrote here but running the website and also being the support and community manager all got too hot for him so he got help now but now we are growing even bigger so I would say we need even more help, another person helping out thequin would be lovely, not for us, dude reaches out to all of us perfectly and he is an awesome person who does everything in his power, but there needs to be help for him so that he can take times off here and there.
First of all we don't know what is going on behind the scene. We don't know TheQuin is doing all the works alone or there are some people helping him. I guess a team are working together.
Secondly, Freebitco has enough money to hire people if it is needed.
What is important now is that every thing is going very well. It does not matter how many people are working.
Don't forget wetsuit. As far as I know he is the big boss here, not theQuin. From time to time people panic when the website goes offline or payments got delayed for a few mins but in the end, all get resolved every time. Amazing they never got hacked too. Whoever coded this website knows his shit well.




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October 13, 2019, 12:13:25 PM
 #10049

It will be up for 6 months which means 24 weeks, still not even remotely close, we are still talking about 1300+ btc versus maybe maximum 30 btc total. It is not a wonder tho because even tho lottery tickets (regular ones) are quite easy to get, they are given away free for basically everything, hence all in all nobody spends neither 1 btc nor 1300 btc on these tickets but at least those are the data we have and considering people spend more money to get lambo tickets compared to regular tickets, even if they are "given away" they are given away for a lot more expensive stuff.

200K is around 25 bitcoins or so, I reaaaallly doubt freebitcoin didn't sold 25 btc worth of tickets on that 1300+ btc worth of gone, even if not they probably made more from wagers thanks to ticket sales then they would normally do so they are in profit on this one.

What is your point here? First of all I would say that if the wagered continue, of course they will profit for sure but the point is not about house are getting profit or not from the start but it is about the players. Players effectively place their bet there and wagered huge amount because they want to get the lambo. And do you think they actually spend 25-30 btc just for lambo? If they just spend this amount then it would be better of they buy them self. But the reality is that players do not spend that huge on wagering because it depends on their luck as well. With 1 btc I believe you can wagered around 10 btc or even more if you are lucky enough
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October 13, 2019, 12:41:26 PM
 #10050

It doesn't matter how many of golden ticket have been sold and how many of them have given to gamblers due to wagering.
Every golden ticket costs 25000 Satoshis. Instead of buying the tickets directly you can get one ticket if you wager 0.005 BTC. There isn't a huge difference between these two method.
The house is making profit from those who wager too. Given the house edge, the house is earning 25000 Satoshi from every 0.005 BTC players wager.
The only difference is that if you wager to get the tickets, you can enjoy your time, try your luck and get some weekly tickets as well.

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October 13, 2019, 01:07:05 PM
 #10051

It doesn't matter how many of golden ticket have been sold and how many of them have given to gamblers due to wagering.
Every golden ticket costs 25000 Satoshis. Instead of buying the tickets directly you can get one ticket if you wager 0.005 BTC. There isn't a huge difference between these two method.
The house is making profit from those who wager too. Given the house edge, the house is earning 25000 Satoshi from every 0.005 BTC players wager.
The only difference is that if you wager to get the tickets, you can enjoy your time, try your luck and get some weekly tickets as well.

Why wager when you can get the golden tickets for free when you deposit? You get 1 ticket for every 0.05btc you deposit. You can withdraw immediately after you get the tickets or stay and collect some interest for a few days maybe. Wagering and trying your luck makes sense and a cool way to earn tickets if you are a gambler though.




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October 13, 2019, 02:43:15 PM
 #10052

It doesn't matter how many of golden ticket have been sold and how many of them have given to gamblers due to wagering.
Every golden ticket costs 25000 Satoshis. Instead of buying the tickets directly you can get one ticket if you wager 0.005 BTC. There isn't a huge difference between these two method.
The house is making profit from those who wager too. Given the house edge, the house is earning 25000 Satoshi from every 0.005 BTC players wager.
The only difference is that if you wager to get the tickets, you can enjoy your time, try your luck and get some weekly tickets as well.

Why wager when you can get the golden tickets for free when you deposit? You get 1 ticket for every 0.05btc you deposit. You can withdraw immediately after you get the tickets or stay and collect some interest for a few days maybe. Wagering and trying your luck makes sense and a cool way to earn tickets if you are a gambler though.

I guess the one issue is that not everyone has got 0.05 btc lying around that they can transfer over, plus people might be worried about security.

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October 13, 2019, 04:04:50 PM
 #10053





Still better than none though!

You wagered?

Nah, I bought it for 25k sats. With my luck I'd lose much more while wagering 0.005 BTC.  )





Still better than none though!

You wagered?

I've been on the platform for a long time. I buy tickets at least 10 times a day and I have never won anything. Can anyone win?

We were talking about the Golden Ticker Lottery where one can win a Lambo. It's running for the first time, so no one has won in it yet.


Yet I think it's an interesting observation, made by @Herbert2020 here. I personally have never thought that my chance of winning the weekly lottery with 70 tickets

70 ÷ 256,000,000 x 100% = 0.00002734%

is almost the same as that of winning the Lambo with 1 ticket:
It's 50% higher than your chance to win the Lambo.
~

Right, but I had an impression that it was 1,000% higher than the chance of winning the Lambo with 1 ticket. After all, the top prize for the weekly lottery is around 0.3, while Lambo costs over 23 BTC.

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UserU
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October 13, 2019, 05:10:21 PM
 #10054


Nah, I bought it for 25k sats. With my luck I'd lose much more while wagering 0.005 BTC.  )


Well, good luck! Don't forget us should you win the Lambo!

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TheQuin
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October 14, 2019, 04:30:06 AM
 #10055

Don't forget wetsuit. As far as I know he is the big boss here, not theQuin. From time to time people panic when the website goes offline or payments got delayed for a few mins but in the end, all get resolved every time. Amazing they never got hacked too. Whoever coded this website knows his shit well.

You're right, wetsuit is the boss and does all the coding (and he does know his shit well). I just handle the day to day running of the site for him.

freebitcoin.TO WIN A  LAMBORGHINI!..

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Kakmakr
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October 14, 2019, 07:31:50 AM
 #10056

Don't forget wetsuit. As far as I know he is the big boss here, not theQuin. From time to time people panic when the website goes offline or payments got delayed for a few mins but in the end, all get resolved every time. Amazing they never got hacked too. Whoever coded this website knows his shit well.

You're right, wetsuit is the boss and does all the coding (and he does know his shit well). I just handle the day to day running of the site for him.

Considering what a large operation this is and how massive the user base is, it is astonishing that it is doing this well. Most large IT operations usually have a support ratio of 1:200 for Tech support to users, but that includes desktop support.

Also considering that it is one of the top ranked sites based on views, one would think that it would consist of a whole organization with a corporate structure of people running the site.  Grin

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Herbert2020
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October 14, 2019, 08:00:40 AM
 #10057

---
Nah, I bought it for 25k sats. With my luck I'd lose much more while wagering 0.005 BTC.  )

it is easier to accumulate it through deposits Wink they ran the promotion a couple of times already and it is specially good for those who were already investing in the site for the daily profit (in the EARN BTC tab) to increase their chance.
ps. the only reason why i which the bitcoin price to stay down is because the winning reward in bitcoin would be a lot higher ... ($200k/$8300=BTC24.09)

This space is for rent. Send PM with your offer.
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October 14, 2019, 08:03:40 AM
 #10058

I woke up today with a sort of high dream of winning the lottery for the first time, after accumulating the highest ever personal record for percentage of tickets (0.26%). Took a lot of high risk bets, came out lucky, and got a loooot of RPs during the past weeks 5x.

Nothing landed in my balance, but knowing I got 1/400 chance after trying very hard, and coming away with a small profit (but still much in loss overall hehe), makes me think it's still a good week.

and the Lambo deal is coming through soon! Almost there with my 100 tickets hehe!



BIG WINNER!
[15.00000000 BTC]


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Rainbot
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October 14, 2019, 10:56:01 AM
 #10059

Considering what a large operation this is and how massive the user base is, it is astonishing that it is doing this well. Most large IT operations usually have a support ratio of 1:200 for Tech support to users, but that includes desktop support.

Also considering that it is one of the top ranked sites based on views, one would think that it would consist of a whole organization with a corporate structure of people running the site.  Grin
You are right but I guess they are keeping things confidential. Now, freebitcoin is a long running a faucet-cum-gambling site and I just want to recall the early days to remind the new people here. When it first started none of it was like this, a lot has changed since the first days.

I remember this being a huge faucet website back in the day, like not even betting or lottery or dice, just pure faucet (there was dice and lottery as well but not used as much) because it gave like hundreds of satoshi, if you were using this websites faucet back in the day and saved all the free money you got from them, you could basically be rich all thanks to their free money.

However, that doesn't mean we can't have another support here helping thequin out, he helps everyone out and he is super active here but that worries me that he works too much, we wouldn't want him to burn out and quit one day, dude is a beast when it comes to fixing stuff and that is why he needs to be fresh all the time.


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October 14, 2019, 12:17:33 PM
 #10060


Nah, I bought it for 25k sats. With my luck I'd lose much more while wagering 0.005 BTC.  )


Well, good luck! Don't forget us should you win the Lambo!

really not sure start ticket buy round 224 to many time buy ticket but not win bad luck,
but problem can not claim many hours earning already claim.
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