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

[BitcoinAccepted]

Why do they have limited markets on where I can place bet? will the FreeBitco.in will soon add more sports betting and other markets too? I see that this is one of the gambling sites that operates in many years and I think it is better to upgrade it and add more games and markets in the betting?

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[PawGo]

Why do they have limited markets on where I can place bet? will the FreeBitco.in will soon add more sports betting and other markets too? I see that this is one of the gambling sites that operates in many years and I think it is better to upgrade it and add more games and markets in the betting?

I think they will not add new games, as there are other sites for that: clubriches.com and dplay.casino.
Mostly you may bet on football games, cricket and F1 - the most popular sports (at least is some countries...) Which other sports would you like to see? Basketball? Hockey?

[LTU_btc]

Why do they have limited markets on where I can place bet? will the FreeBitco.in will soon add more sports betting and other markets too? I see that this is one of the gambling sites that operates in many years and I think it is better to upgrade it and add more games and markets in the betting?

You shouldn't consider Freebitco.in as traditional bookmaker like Bet365 or Sportsbet. They're adding just main events which have biggest interest. Everything is done manually, so you shouldn't expect that they will have that many bets to offer.
If you want traditional bookmaker, you can use Freebitco.in owned ClubRiches.com

[wiss19]

The amount of "betting" is more than enough because it is not just a sportsbook, it is a different method. I am forgetting the name, I do not remember what it was called, but basically they do it gambler vs gambler type of betting. Which means that they do not put any odds anywhere, how much you wager decides on the odds, so the more we wager the more we get odd changes.

This is usually amazing for the underdog wagerers because it means that something 1.70 in regular sportsbooks could be 1.40 here, but something that is 4.00 in regular sportsbooks could become 12.00 here because of the same reason. So they can't put a lot more other options, with the problem of lacking betting if that is done.

[Flexystar]

The amount of "betting" is more than enough because it is not just a sportsbook, it is a different method. I am forgetting the name, I do not remember what it was called, but basically they do it gambler vs gambler type of betting. Which means that they do not put any odds anywhere, how much you wager decides on the odds, so the more we wager the more we get odd changes.

This is usually amazing for the underdog wagerers because it means that something 1.70 in regular sportsbooks could be 1.40 here, but something that is 4.00 in regular sportsbooks could become 12.00 here because of the same reason. So they can't put a lot more other options, with the problem of lacking betting if that is done.

I never heard of such type of gambling or betting but it sounds risky but lot of fun. I mean the way you explaining the odds here are best. Though risky on the winning odd side but it’s worth taking it because it huge as compared to the traditional odds system.

I am not sure but this is what they do in the forex trading where you have to predict the call and put option. The more people go for Call the more market pushes itself towards that direction. Though it’s myth but that’s just collective stimuli of market. I think you talking about similar thing but in the gambling world.

[babygun]

The amount of "betting" is more than enough because it is not just a sportsbook, it is a different method. I am forgetting the name, I do not remember what it was called, but basically they do it gambler vs gambler type of betting. Which means that they do not put any odds anywhere, how much you wager decides on the odds, so the more we wager the more we get odd changes.

This is usually amazing for the underdog wagerers because it means that something 1.70 in regular sportsbooks could be 1.40 here, but something that is 4.00 in regular sportsbooks could become 12.00 here because of the same reason. So they can't put a lot more other options, with the problem of lacking betting if that is done.

It is called parimutuel betting and it is indeed quite a cool system! So if you browse a bit, you can find some value bets with much higher odds compared to traditional bookies. And don't forget the time multiplier factor also, the earlier you place your bet, the higher this will be, which will increase your final odd.

[virasog]

The amount of "betting" is more than enough because it is not just a sportsbook, it is a different method. I am forgetting the name, I do not remember what it was called, but basically they do it gambler vs gambler type of betting. Which means that they do not put any odds anywhere, how much you wager decides on the odds, so the more we wager the more we get odd changes.

This is usually amazing for the underdog wagerers because it means that something 1.70 in regular sportsbooks could be 1.40 here, but something that is 4.00 in regular sportsbooks could become 12.00 here because of the same reason. So they can't put a lot more other options, with the problem of lacking betting if that is done.

Do you mean that freebitco follows this method of gambling and final odds are calculated once the betting period is over?
This means if more people will bet on a team, its odds will decrease automatically and if fewer people bet on a team, its odds will increase?

So is this model better than the traditional betting model where odds are usually set by the bookies (gambling sites)?

[swogerino]

Why do they have limited markets on where I can place bet? will the FreeBitco.in will soon add more sports betting and other markets too? I see that this is one of the gambling sites that operates in many years and I think it is better to upgrade it and add more games and markets in the betting?

Yes as strange as it seem yesterday I could not place a bet on F1 which I would have lost anyway but I believe to have been a glitch to the site for yesterday only as I think F1 I saw it was available to bet other times.On the other side Freebitco.in has enough betting options as a side casino I would say compared to the real ones as it lack selection of games and it is not a real sport book nor a real casino because it does not offer slots to play.For me if they add slots that would greatly increase their profits but the final decision is only theirs.

[arallmuus]

Do you mean that freebitco follows this method of gambling and final odds are calculated once the betting period is over?
This means if more people will bet on a team, its odds will decrease automatically and if fewer people bet on a team, its odds will increase?

Yeah this is called parimutuel betting. There is also time weight multiplier on freebitco.in although it wont differ that much from the final odds but everyone could be getting different odds depending on when you bet. Someone that bet early will have higher odds compared to someone that bet on the few last hour before it closes

So is this model better than the traditional betting model where odds are usually set by the bookies (gambling sites)?

It totally depends on what you are betting and the type of bet that we are refering to. If you loves to bet on underdog to win then parimutuel betting could be giving you better odds because most people will flock on favourites

[MinMan]

Why do they have limited markets on where I can place bet? will the FreeBitco.in will soon add more sports betting and other markets too? I see that this is one of the gambling sites that operates in many years and I think it is better to upgrade it and add more games and markets in the betting?

Yes as strange as it seem yesterday I could not place a bet on F1 which I would have lost anyway but I believe to have been a glitch to the site for yesterday only as I think F1 I saw it was available to bet other times.On the other side Freebitco.in has enough betting options as a side casino I would say compared to the real ones as it lack selection of games and it is not a real sport book nor a real casino because it does not offer slots to play.For me if they add slots that would greatly increase their profits but the final decision is only theirs.

Strange things happened to me as well because few weeks back there were too many markets available from different sports for betting, but recently they have very few markets which are available for bets with not bets available for world cup qualifiers. Some time back there were few announcements about bringing new spots betting site but sadly recently we have no update about this as well hopefully soon we will have some news from admin.

As now members are involved in this site, they need to do some better things for having more traffic and punters to invest and bring some good revenue. Agree with this statement that it's not a sports book or gambling site but as they were involved in past now they are not doing things like this recently which is strange.

[dabbur]

Do you mean that freebitco follows this method of gambling and final odds are calculated once the betting period is over?
This means if more people will bet on a team, its odds will decrease automatically and if fewer people bet on a team, its odds will increase?

Yeah this is called parimutuel betting. There is also time weight multiplier on freebitco.in although it wont differ that much from the final odds but everyone could be getting different odds depending on when you bet. Someone that bet early will have higher odds compared to someone that bet on the few last hour before it closes

So is this model better than the traditional betting model where odds are usually set by the bookies (gambling sites)?

It totally depends on what you are betting and the type of bet that we are refering to. If you loves to bet on underdog to win then parimutuel betting could be giving you better odds because most people will flock on favourites

I guess this is just like how a common bookie would do. If more people bet on it, odds go down - nothing special.

It does not depend on the model if its better or not in this case, it depends on the payout percentage.
I just checked the payout percentage for the Chelsea - Brentford event. With the actual odds at FreeBitco.in the payout would be ca. 90 percent. All 35 bookies listed at oddsportal have higher payouts. So FreeBitco.in is a lousy bookie. Good bookies have 97-98 percent payout.

[arallmuus]

-snip

I guess this is just like how a common bookie would do. If more people bet on it, odds go down - nothing special.

Yeah its pretty much the same though otherwise people would flock to parimutuel betting instead of going to the usual bookies

It does not depend on the model if its better or not in this case, it depends on the payout percentage.
I just checked the payout percentage for the Chelsea - Brentford event. With the actual odds at FreeBitco.in the payout would be ca. 90 percent. All 35 bookies listed at oddsportal have higher payouts. So FreeBitco.in is a lousy bookie. Good bookies have 97-98 percent payout.

Its because alot of people are betting on that pool thus making the odds significantly lower compared to other bookies. Well regarding the odds, you might be able to get better odds on some other pool such as Wolves vs Aston Villa, Wolves to win is currently @3.77 which is higher than common bookies @2.55 odds. Odds could be dropping before it closes but most likely could be higher than the common bookies odds

[dabbur]

-snip

I guess this is just like how a common bookie would do. If more people bet on it, odds go down - nothing special.

Yeah its pretty much the same though otherwise people would flock to parimutuel betting instead of going to the usual bookies

It does not depend on the model if its better or not in this case, it depends on the payout percentage.
I just checked the payout percentage for the Chelsea - Brentford event. With the actual odds at FreeBitco.in the payout would be ca. 90 percent. All 35 bookies listed at oddsportal have higher payouts. So FreeBitco.in is a lousy bookie. Good bookies have 97-98 percent payout.

Its because alot of people are betting on that pool thus making the odds significantly lower compared to other bookies. Well regarding the odds, you might be able to get better odds on some other pool such as Wolves vs Aston Villa, Wolves to win is currently @3.77 which is higher than common bookies @2.55 odds. Odds could be dropping before it closes but most likely could be higher than the common bookies odds

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

[babygun]

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

As arallmuus already explained, freebitco.in is different from the other bookies as their system is based on parimutuel betting so the odds depend on how many people are betting on it. If you place a bet, just before the market closes, your odd will not have varied a lot so it is still betting and not gambling that you are doing.

[STT]

That kind of imbalance naturally occurring is an opportunity to seize at times, its an extra level of judgement and something to watch.   I like it personally as people crowds even can be wrong and they can gift me nicer odds especially on outside outcomes, if Im taking a risk give me the higher odds.   I wont complain, maybe it doesn't work out as well for those who like to take the favorites but its upto you to judge, caveat emptor :p

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[dabbur]

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

As arallmuus already explained, freebitco.in is different from the other bookies as their system is based on parimutuel betting so the odds depend on how many people are betting on it. If you place a bet, just before the market closes, your odd will not have varied a lot so it is still betting and not gambling that you are doing.

The odds do not depend on how many people are betting on it. If one person bets 1btc on outcome 1 and 10 people 0.1 btc each on outcome 2 than the odds are still the same - it depends on the total stakes (totalisator). But I am talking about the house-take here, the payout rate of FreeBitco.in seems not to be very generous if I am looking at the odds.

[Mahdirakib]

What if BTC crosses $45k by the end of this month ? 
Also, didn't you think ETH bet would have made more sense though ?

If that happens, I'll be a sad panda.
As we're speaking, it's creeping towards 44K. No worries though, my balance wasn't that much when I decided to go all-in. Lose or not, I just want those RP to withdraw my sweet BTC

Now bitcoin price is staying between $45k to $50k range for the recent strong move of the crypto market. Bitcoin price will drop below $45k if a reverse move happen within tomorrow. Otherwise you will loss your both (all-in) bets. Maybe you are going to loss your bankroll in this month. It wouldn't be a great deal if you placed bets in ETH. The price of ETH has increased significantly as well. And the number of bets is quite low on the current ETH price range. Perhaps, bettors didn't expect such price change in the last week of the month.

[TheQuin]

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

As arallmuus already explained, freebitco.in is different from the other bookies as their system is based on parimutuel betting so the odds depend on how many people are betting on it. If you place a bet, just before the market closes, your odd will not have varied a lot so it is still betting and not gambling that you are doing.

The odds do not depend on how many people are betting on it. If one person bets 1btc on outcome 1 and 10 people 0.1 btc each on outcome 2 than the odds are still the same - it depends on the total stakes (totalisator). But I am talking about the house-take here, the payout rate of FreeBitco.in seems not to be very generous if I am looking at the odds.

You are talking incorrectly about the house rake. It is 5%. The reason the odds appear less is that they don't include the Time Weight Multiplier. Everyone actually gets more than the displayed odds.

[barbara44]

~snip

That is what the great part about it as well, you could see one side being worse than regular bookies, but that usually means that the other side is better than the regular bookies. I just do not like it during champions league games because I have seen a few times when it was worse for both sides, but regular league games, and specially low rated games that are not really getting too much attention could be so awesome, I have seen both sides better as well.

So, it is really not that much of a different clear cut thing when you compare. It all depends on what you want to wager and based on that you could end up with something good or bad compared to other places, you have to check each individual bet for that.