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

[soslex]

@Reatim
As far as I know, the time for WoF is still 48 hours, if it passes from that time it will be forfeited and cannot be used, the purpose of "Play All" is for members who hold FUN Token, they will get additional freespins every day, maybe the FUN holder can answer more precisely.

Agreed on this because i have missed my Spin for some busy days and when i checked the email the next day ( when the new one already comes) it says the link had already expires .

but is it really every 48 hours mate? or 24 hours after the email has sent ? because on the 25th hours new one will come for us to spin again.

The spins that you get from holding FUN tokens for the premium program never expire. Per the FAQ on the premium membership page:

"The free spins will never expire and you can choose to play them whenever you want."

The spin that you get from the email expires after 48 hours.

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[Jemzx00]

Just Now that i have received such message , does it mean that we can Have our spins even if we forgot or not made it daily ? does our previous spins will be counted? because according to this message



It seems that our spins accounted from time to time even if we are not active for some days?

or i am missing something in this matter , thanks for the answers in advance .

Regardless of your activity, these free spins are added to your account every day based on the number of FUN Tokens you hold and the duration you hold them for in your FreeBitco.in account.

These spins are an added Premium Benefit of being a FUN Token holder at FreeBitco.in.

May I know where to find that WOF spins option and if that's available for non-premium FUN token hodlers? It would be less hassle to open freebitcoin only and play directly WOF page unlike opening them on my email.

Also, are the time limit for every spins will be shown there or you'll have to know it yourself? Anyway, I'm looking forward to know where to find that WOF page on Freebitcoin platform.

expected that we could have benefit with FUN tokens when making deposit and withdrawals futher
but just realised FUN is ETH network and have to pay more fees than in case of BTC transactions

Do you mean buying of FUN tokens? If yes, you can directly buy FUN tokens via bitcoin directly on freebitcoin. Withdrawal may depend on the traffic and the transaction fee on the network.

[jaysabi]

And I've done the calculations on FUN and took a pass on it because I didn't deem it a worthwhile investment, based solely on the math.  Everyone has to make their own determination about that though. 

How did you calculate it ? I decided to jump on it and bought 2500 FUN tokens awhile ago to obtain the premium membership. I think they will keep adding advantages and that in the long end (maybe a couple of years), it will be beneficial.
Besides that, as they have now acquired the FUN tokens, the price of these tokens will probably increase also. This token may have been dead for a couple of years, but it clearly shows that freebitco.in has a plan with these tokens and will actively further develop and improve this.

Here's how I calculated initially, which is very rough back of the envelope math, and when the price was about 100 sats/FUN:

I looked at WOF spins primarily, as that's what I see as the biggest perk of the program. The extra interest doesn't amount to much by comparison.  Here's what I calculated:

At 5000 Fun tokens, the cost is currently 500k sats.  After a month you get 3 extra WOF spins and it scales up to 6 daily WOF spins after a year. For the sake of simplicity, I'm just going to calculate 6 extra WOF spins from the start.  WOF spins are generally worth 50 sats.  Either you get 50 sats or 50 rp which given enough time you can convert to 50 sats if you make it to 100k rp.  Sometimes you get more sats on a spin, but sometimes you get lottery tickets too which in all likelihood translate to 0.  So expecting 50 sats per spin is reasonable and I would say necessary when you're calculating time to recover investment. 

At 6 extra spins a day, you're looking at 300 sats as the extra perk.  On a 500k sat investment cost, that's 1667 days, or 4.56 years.  And that's only if FUN holds the value you bought it at.  Taken that as a given, it's not a compelling investment given the risks.  I think you can get more perks at much higher investment costs, but honestly, that's even more risky in my view, so I calculated on what seemed like a reasonable test tier.

Now the price has fallen and the time to recoup investment has fallen with it, so it's gotten more attractive. But I haven't accounted for lost interest income necessary for converting to FUN, and I'm also not assuming any gains on FUN holdings (which is folly to take as a given).  I'll continue to watch the price of FUN and if it continues to fall, I'll be more interested, but you're still at a 2.7 year recovery period (VERY ROUGHLY) for a 5k FUN tier investment, and that's an awfully long time to break even and take on the unknown risks of holding a low-utility alt.

Having trading volume doesn't mean it has utility, it just means people are speculating in it. So that doesn't mean it's not a shitcoin. Also, having a whitepaper doesn't mean it's not a shitcoin either. Since it's a vague term without a universal definition, you'll probably get variations from person to person, but I would consider a coin with no utility or no problem to solve to be a shitcoin.  I.e., it doesn't need to exist, or someone just created it to enrich themselves.  That's 99% of all coins on coinmarket cap.  There are only a handful that wouldn't fit this definition, and I'm not exactly sure FUN is one of them. Does it need to exist? No, not really. It's not currently doing anything bitcoin doesn't already do. Faster and cheaper aren't exactly breakthroughs anymore when there are other tons of other coins that do this too. Guess we'll see if FB can grow it into anything more than what it currently is.

I'm not sure yet how advantageous FUN investment could be, but it's not like 99% of altcoins in the market, because it actually offers some exclusive benefits to holders, such as free wheel daily spins and increasement in bitcoin interest income for FreeBitco.in's investors, depending on the amount you hold and on how long you are holding.
So it's not a token which relies in speculation to grow. The calculation someone should do is if extra free spins and bonus interest worth the investment in FUN coin.

It does have some utility because FB is using it, but still the question is why. What's it accomplish you can't do with bitcoin already? That's the crucial difference.  It's like how JD used/uses CLAMS.  (Dunno if they still do, haven't followed that site in a long time.)  But that's another instance where CLAMS was a worthless coin, but it gained utility because it was the only coin JD would take for gambling.  The use-case for the coin outside that site was virtually 0 though, and the overall question remained, why that coin specifically?  It wasn't doing anything you couldn't do with bitcoin, so it was just useless differentiation.

And I've done the calculations on FUN and took a pass on it because I didn't deem it a worthwhile investment, based solely on the math.  Everyone has to make their own determination about that though. 

The calculation I did was:

500,000 FUN (to take maximum advantage of the investment) is about 15,000$ dollars if you buy for 0,03$ each.

15,000$ is proportional to 0,35 btc.

0,35 btc generates interest income of 0,014 btc yearly in the site (4,08%), approximately.

By investing in FUN coin your daily income will decrease, as you will be exchanging your bitcoins out. So you need to make sure the extra 25% interest from holding 500,000 FUN after 1 year on will generate at least more than 0,014 btc yearly. The 25% bonus interest must be more profitable than holding 0,35 btc.

Conclusion: it worths for people who 0,35 btc represents less than 25% of their total investment in the site. If you have more than 1,4 btc invested it could sound interesting after 1 year. And consider the 16 daily free wheel spins a bonus, as it's impossible to take its prizes in consideration as they are random.
Negative side:

• During the first year of FUN investment you won't receive the maximum bonus. You need to wait 1 year to start taking advantage of 25% extra interest and 16 free spins;
• By investing your btcs in FUN you would still lose potential bitcoin bull runs' profits.

I like that you're accounting for lost interest income and needing to make that up. But you can take in WOF rewards into your consideration because someone published the prize table here, so statistically speaking we can come up with I feel a pretty good ballpark figure related to owning FUN.  I'll try to find some time to run the numbers and post here for review.  I need to find that prize chart that's buried a ton of pages back.

[moderator's note: consecutive posts merged]

[Saint-loup]

Here's how I calculated initially, which is very rough back of the envelope math, and when the price was about 100 sats/FUN:

I looked at WOF spins primarily, as that's what I see as the biggest perk of the program. The extra interest doesn't amount to much by comparison.  Here's what I calculated:

At 5000 Fun tokens, the cost is currently 500k sats.  After a month you get 3 extra WOF spins and it scales up to 6 daily WOF spins after a year. For the sake of simplicity, I'm just going to calculate 6 extra WOF spins from the start.  WOF spins are generally worth 50 sats.  Either you get 50 sats or 50 rp which given enough time you can convert to 50 sats if you make it to 100k rp.  Sometimes you get more sats on a spin, but sometimes you get lottery tickets too which in all likelihood translate to 0.  So expecting 50 sats per spin is reasonable and I would say necessary when you're calculating time to recover investment.  

At 6 extra spins a day, you're looking at 300 sats as the extra perk.  On a 500k sat investment cost, that's 1667 days, or 4.56 years.  And that's only if FUN holds the value you bought it at.  Taken that as a given, it's not a compelling investment given the risks.  I think you can get more perks at much higher investment costs, but honestly, that's even more risky in my view, so I calculated on what seemed like a reasonable test tier.

Now the price has fallen and the time to recoup investment has fallen with it, so it's gotten more attractive. But I haven't accounted for lost interest income necessary for converting to FUN, and I'm also not assuming any gains on FUN holdings (which is folly to take as a given).  I'll continue to watch the price of FUN and if it continues to fall, I'll be more interested, but you're still at a 2.7 year recovery period (VERY ROUGHLY) for a 5k FUN tier investment, and that's an awfully long time to break even and take on the unknown risks of holding a low-utility alt.

Your calculations only apply to a pure claimer but not to a regular player. You didn't include the rakeback in your calculations, neither the amount of additional earning interests you can get.

[tygeade]

Honestly there is no need to panic about the wheel of fortune that much considering that is like 50 satoshi per day, who would be really riled up about chance to win 50 satoshi per day? Sorry it could be 50 RP per day as well if you are unlucky.

I am not saying it is a bad thing, it gives as much as a rolex after all but let's be honest the chances for that is so little and you only have once a day chance that I do not think many will win it, probably few times a year between thousands of tries a day, hence I think it is not really that big of a deal.

You know what fun token gives you? Higher investment return, that is the most insane part, if you have a lot of bitcoins, you could put them here, buy fun token and actually make a living from just the interest, that is what we are talking about, that is a huge huge huge positive of fun token that people are not talking enough about.

[STT]

WOF is not the biggest element for any bigger player its the cashback and also the interest is far more significant.   If I had somehow had extreme optimism for BTC and even moderate budget, I could have built 100 Bitcoin to deposit (over many years).   Sadly I lacked that ambition and I dont have anything near there but its quite realistic for people to be saving larger amounts in crypto and really the wheel is for fun.  Somewhere I will have a screenshot of my old mining pool amounts but Im fairly sure 100 was quite reasonable to those gifted that diamond hand vision :p   So Im thinking those dudes would be silly not to hold FUN.   I like the wheel element but also I never saved up that amount of BTC, I converted some to gold at one point which did go up but still Im looking silly at this point.   I wonder if the dude who sold his house for Bitcoin in 2013 is still holding, he used to come back to update his thread occasionally but it got locked sadly so who knows.
  I say 100 but 2btc or 3btc even will have some do the maths and know they get back the cost of FUN in benefit, I know its alot in FIAT just saying there was opportunities over the years and some never sold because they got matrix thinking.

You may still spin one by one if you like, for the person who said that.  Did that today and got at least one lucky spin, put it back into FUN as I like to speculate :p

[jaysabi]

Here's how I calculated initially, which is very rough back of the envelope math, and when the price was about 100 sats/FUN:

I looked at WOF spins primarily, as that's what I see as the biggest perk of the program. The extra interest doesn't amount to much by comparison.  Here's what I calculated:

At 5000 Fun tokens, the cost is currently 500k sats.  After a month you get 3 extra WOF spins and it scales up to 6 daily WOF spins after a year. For the sake of simplicity, I'm just going to calculate 6 extra WOF spins from the start.  WOF spins are generally worth 50 sats.  Either you get 50 sats or 50 rp which given enough time you can convert to 50 sats if you make it to 100k rp.  Sometimes you get more sats on a spin, but sometimes you get lottery tickets too which in all likelihood translate to 0.  So expecting 50 sats per spin is reasonable and I would say necessary when you're calculating time to recover investment.  

At 6 extra spins a day, you're looking at 300 sats as the extra perk.  On a 500k sat investment cost, that's 1667 days, or 4.56 years.  And that's only if FUN holds the value you bought it at.  Taken that as a given, it's not a compelling investment given the risks.  I think you can get more perks at much higher investment costs, but honestly, that's even more risky in my view, so I calculated on what seemed like a reasonable test tier.

Now the price has fallen and the time to recoup investment has fallen with it, so it's gotten more attractive. But I haven't accounted for lost interest income necessary for converting to FUN, and I'm also not assuming any gains on FUN holdings (which is folly to take as a given).  I'll continue to watch the price of FUN and if it continues to fall, I'll be more interested, but you're still at a 2.7 year recovery period (VERY ROUGHLY) for a 5k FUN tier investment, and that's an awfully long time to break even and take on the unknown risks of holding a low-utility alt.

Your calculations only apply to a pure claimer but not to a regular player. You didn't include the rakeback in your calculations, neither the amount of additional earning interests you can get.

Yeah, since gambling is a net loss statistically, you wouldn't include that in a break even calculation.  If you're a regular gambler on the site, you are likely to have more tangible benefits under the program compared to where you would be without it.  However, since the marketing around FUN are geared towards an "investment" I calculated breakeven for investors.  

And the amount of extra earned interest is pretty small compared to the opportunity cost of buying FUN up front.  If you max out the FUN tier, you get an extra 25% of the interest rate after 1 year, so instead of earning 4.08% you're getting 5.10%.  The extra 1.02% is the interest benefit, again after 1 year.  It currently costs .325 btc to get that bonus (at the current 65 sats/FUN), and there's 1 month lag time before you start accruing any benefits, so it takes 13 months total before you'll be getting an extra 1.02% on your onsite balance.  In the meantime, you've given up 13 months of daily compounded interest on the .325 btc which comes out to (roughly) .01326 btc (might actually be more, I did a simple 4.08% calc, but can't remember if that already factors in the daily compounding or not).  You have to have a significant amount of additional btc onsite earning interest in order for the extra interest to pay back the lost interest income from holding FUN, in fact more than 1.3 btc for you to eventually earn back the interest you've lost with extra interest.

Examples of interest lost and gained at 2 and 3 btc onsite:

Years       Int. Lost    Interest Gained on 2 btc      Interest Gained on 3 btc
1.083        .0143           (Some)                                   (Some)
2.083        .0276           .0221 + some                          .0331 + some
3.083        .0409           .0424 + some                          .0637 + some
4.083        .0541           .0629 + some                          .0943 + some

You earn some extra interest in the first year, but I don't feel like doing the calculations with the scaling rates because I'm trying to keep this simple and just ballpark it.  Safe to say that at 2 btc onsite earning interest, the interest pays itself back sometime between year 2 and 3.  At 3 btc onsite, you earn it back before the second year is complete.  I don't keep nearly that much on the site... not your keys, not your coins and all that, but if you've got significant btc onsite (more than a couple btc), you'll get a lot more benefit out of this program, assuming it's not changed.  (Remember, holding 2 btc onsite is about $100k at this point. That's a good chunk to have somewhere with no safety net.  Stocks and bank accounts are federally guaranteed at that amount if the operator fails.)  

Another thing to consider, since this is going to add costs to the operating expenses of the site, this program has to significantly boost gambling income for this program to remain unchanged because it generates a profit for the site, which is another risk factor you have to consider.  Even with a good reputation, I'm not likely to put a significant amount of btc in some else's hands and trust it to be safe, but I'm probably far more cautious than a lot of people here, so take that for what it's worth.

[Saint-loup]

Yeah, since gambling is a net loss statistically, you wouldn't include that in a break even calculation.

LOL only losers say that   But I don't understand why you are promoting a gambling site and posting in the gambling section if you think this way?  
If you were a regular gambler you would know that in addition of your winnings you're increasing your free claim rate until 80sats by claim, and earning RP points and lottery tickets when you gamble on freebitcoin.
And now, above that you'll earn a cashback on all your gambles in less than 10 days now.  

Another thing to consider, since this is going to add costs to the operating expenses of the site, this program has to significantly boost gambling income for this program to remain unchanged because it generates a profit for the site, which is another risk factor you have to consider.

That's exactly the opposite of what you tried to prove above. You asserted above that will be a net loss for "investors" and players and now you're stating it will represent a loss for the house, sorry but that doesn't make sense...  

[uneng]

I like that you're accounting for lost interest income and needing to make that up. But you can take in WOF rewards into your consideration because someone published the prize table here, so statistically speaking we can come up with I feel a pretty good ballpark figure related to owning FUN.  I'll try to find some time to run the numbers and post here for review.  I need to find that prize chart that's buried a ton of pages back.

Yes, it seems your post below is the key for finding out if the investment is worthful or not for each investor based on his btc balance. In my calculation I ignored the first year, but good that you counted the *losses* for not having the full bonus (25%) during the investment first's 12 months.

Examples of interest lost and gained at 2 and 3 btc onsite:

Years       Int. Lost    Interest Gained on 2 btc      Interest Gained on 3 btc
1.083        .0143           (Some)                                   (Some)
2.083        .0276           .0221 + some                          .0331 + some
3.083        .0409           .0424 + some                          .0637 + some
4.083        .0541           .0629 + some                          .0943 + some

Besides this profit you also have 5840 chances yearly (starting to count after the first year, 365 x 16) to hit something good at the WOF.
I believe someone won't hit the minimum prize every roll, so it may boost your earnings.

[jaysabi]

Yeah, since gambling is a net loss statistically, you wouldn't include that in a break even calculation.

LOL only losers say that   But I don't understand why you are promoting a gambling site and posting in the gambling section if you think this way?  
If you were a regular gambler you would know that in addition of your winnings you're increasing your free claim rate until 80sats by claim, and earning RP points and lottery tickets when you gamble on freebitcoin.
And now, above that you'll earn a cashback on all your gambles in less than 10 days now.  

Another thing to consider, since this is going to add costs to the operating expenses of the site, this program has to significantly boost gambling income for this program to remain unchanged because it generates a profit for the site, which is another risk factor you have to consider.

That's exactly the opposite of what you tried to prove above. You asserted above that will be a net loss for "investors" and players and now you're stating it will represent a loss for the house, sorry but that doesn't make sense...  

I'll re-state it since you're having trouble comprehending. The site is adding operating costs by giving away perks related to FUN that it wasn't doing before.  There are perks people earn for holding FUN, regardless of if they're gambling.  The only way that makes sense is if FUN is going to bring in more gambling revenue than the costs of people who earn the perks without gambling.  I mean, it's a simple concept.  Not sure why you're struggling with it. 

[Saint-loup]

I'll re-state it since you're having trouble comprehending. The site is adding operating costs by giving away perks related to FUN that it wasn't doing before.  There are perks people earn for holding FUN, regardless of if they're gambling.  The only way that makes sense is if FUN is going to bring in more gambling revenue than the costs of people who earn the perks without gambling.  I mean, it's a simple concept.  Not sure why you're struggling with it.  

It's not a simple concept jaysabi because you tried to prove above that will be a losing investment for players and for investors. If the 2 categories are going to lose money, there won't be any "cost" to cover for the house but only a net profit...
If I give you 1000$ and you give me back 600$ you won't have to chase a new income to refund me.
Moreover I don't understand why it would be a so called risk factor to offer more gambling.

[jaysabi]

I'll re-state it since you're having trouble comprehending. The site is adding operating costs by giving away perks related to FUN that it wasn't doing before.  There are perks people earn for holding FUN, regardless of if they're gambling.  The only way that makes sense is if FUN is going to bring in more gambling revenue than the costs of people who earn the perks without gambling.  I mean, it's a simple concept.  Not sure why you're struggling with it.  

It's not a simple concept jaysabi because you tried to prove above that will be a losing investment for players and for investors. If the 2 categories are going to lose money, there won't be any "cost" to cover for the house but only a net profit...
If I give you 1000$ and you give me back 600$ you won't have to chase a new income to refund me.
Moreover I don't understand why it would be a so called risk factor to offer more gambling.

God, I know it's not simple for you, you've made that abundantly clear. You keep arriving at conclusions I didn't argue for, so that's on you for your inability to understand. You're conflating two different perspectives, one about how the program operates for the site and the other how it operates for people who hold FUN.  These are two different things but you keep trying to jam them together and you're confusing yourself. More troubling, you apparently can't understand how the FUN program increases operating costs for the site, and that's by far the simplest idea I've even brought up. If you can't understand that, there's absolutely no upside to continue to engage with you because it's just going to be you continually not understanding my two different points and arguing against them because you don't understand them.  Let's just agree to stop here.

[RealMalatesta]

I'll re-state it since you're having trouble comprehending. The site is adding operating costs by giving away perks related to FUN that it wasn't doing before.  There are perks people earn for holding FUN, regardless of if they're gambling.  The only way that makes sense is if FUN is going to bring in more gambling revenue than the costs of people who earn the perks without gambling.  I mean, it's a simple concept.  Not sure why you're struggling with it. 

People I think do not understand that casinos could technically make a "loss" in the sense that if gamblers lose 10k dollars per month on a casino but the operating costs (hosting, staff, developers, etc etc) is above 10k, that means casino is making a loss, not all losses are related to gambling, there are certain costs of a casino that is given every week, think of it like electricity bill of the offices, that has to come in every single month right?

There is no avoiding that, if you do not pay it that means your electricity will be cut and you won't even have connection, hence why it is obvious that there is always costs of it. This means gamblers will always lose in the long run because of house edge, but casino could lose as well if gamblers do not cover the operative costs of a place, not that freebitco.in is in any danger because last they said they were making enough to cover all costs for a while.

[Poker Player]

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I partially agree with jaysabi. As I said a few pages ago, I think the rewards program seeks to build customer loyalty. It is clear that the casino has to cover the expenses and make a profit, otherwise it has to close. For me, what FB does with the program is to reduce its HE with certain users who hold a certain amount of tokens, but this reduction is compensated precisely by the tokens and loyalty.

[STT]

Sounds like over simplification, we dont have all the facts available as its not a public company but any business is about maximising revenue efficiently.  The added cost discussed is relative to revenue but also cost of capital, its not a free benefit but via holding a token at cost and with some risk in the market extending out to a year to get full benefits. Tons of money in crypto is short term speculative, leveraged over night even 'hot money' is very common, hence why price can half surprisingly often despite long term gains over most of crypto.   My take is the strategy generally makes sense and I feel lucky holding some Fun as I won another 4000 rp today, overall I dont expect my holding tokens to cost me anything maybe I come out flat or quite probably I gain some benefits net; obviously its all at capital risk its really not free.

[jaysabi]

-snip

-snip

I partially agree with jaysabi. As I said a few pages ago, I think the rewards program seeks to build customer loyalty. It is clear that the casino has to cover the expenses and make a profit, otherwise it has to close. For me, what FB does with the program is to reduce its HE with certain users who hold a certain amount of tokens, but this reduction is compensated precisely by the tokens and loyalty.

Yes, this is exactly where I was going with my point about the program has to generate more revenue than costs otherwise the benefits are going to be scaled back.  Look at the interest the site pays as an example. The site pays interest on deposits because it generates loyalty and keeps people playing on the site.  Paying interest is a loss leader, the site doesn't make a profit on paying interest, it relies entirely on the goodwill it builds to drive gambling activity which is how the site actually makes money.  If paying interest was costing more than the revenue the site generates from gambling, it would have to scale down the interest or discontinue it because it wouldn't make business sense to pay it.  That's my same point with the FUN program.  If the program doesn't generate extra revenue enough to offset the new added costs of running the program, then the benefits have to be scaled back to prevent the site from losing money on it, and if the benefits are scaled back, that increases the breakeven point for anyone who bought tokens and is trying to calculate when that decision makes financial sense for them (if ever).

[HeitorMessias]

Hi for all, I would like to make a suggestion, in the future in the BETs Football session add Brazilian and continental American football games. the Brazilian championship starts in April approximately. 7 of the 10 biggest soccerclub fans in the world are from nations like Brazil, Argentina and Mexico, the liberadores da america championship will have its next edition in 2022.

[slaman29]

Sounds like over simplification, we dont have all the facts available as its not a public company but any business is about maximising revenue efficiently.  The added cost discussed is relative to revenue but also cost of capital, its not a free benefit but via holding a token at cost and with some risk in the market extending out to a year to get full benefits. Tons of money in crypto is short term speculative, leveraged over night even 'hot money' is very common, hence why price can half surprisingly often despite long term gains over most of crypto.   My take is the strategy generally makes sense and I feel lucky holding some Fun as I won another 4000 rp today, overall I dont expect my holding tokens to cost me anything maybe I come out flat or quite probably I gain some benefits net; obviously its all at capital risk its really not free.

I think almost every attempt to count profits of the site here has been oversimplified. Same as most of the TA in altcoin sections. I'm not an expert myself but I do know that token economics takes a lot of thought and it's really not as easy as most people make it out to be.

Also, what we're seeing now is really tight data in small timeframes. It's going to be a long time to come before we see the effects of utility overcome speculation for FUN.

[freebitco.in PR]

Collect as many tickets as you can by wagering and free spins to increase your chance of winning up to $7,500 in BTC on the coming Sunday.

Congratulations to the 10 Lucky Winners of Lottery Round 301.

[Saint-loup]

Yes, this is exactly where I was going with my point about the program has to generate more revenue than costs otherwise the benefits are going to be scaled back.  Look at the interest the site pays as an example. The site pays interest on deposits because it generates loyalty and keeps people playing on the site.  Paying interest is a loss leader, the site doesn't make a profit on paying interest, it relies entirely on the goodwill it builds to drive gambling activity which is how the site actually makes money.  If paying interest was costing more than the revenue the site generates from gambling, it would have to scale down the interest or discontinue it because it wouldn't make business sense to pay it.  That's my same point with the FUN program.  If the program doesn't generate extra revenue enough to offset the new added costs of running the program, then the benefits have to be scaled back to prevent the site from losing money on it, and if the benefits are scaled back, that increases the breakeven point for anyone who bought tokens and is trying to calculate when that decision makes financial sense for them (if ever).

I'm glad to see you've changed your mind and you're not endorsing anymore the calculations you made above. According to you now, the current terms of the program could favor the users and could represent a kind of give away from Freebitcoin. That's a great news. I hope you've bought a decent amount of FUN tokens to take advantage of this great opportunity