piloder
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 Offline
Activity: 966
Merit: 1006
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April 04, 2017, 09:31:06 AM |
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And if that's not enough, now FreeBitco.in offers a guaranteed option to win...4% annual interest on your gambling winnings balance and 25% commissions on the interest your referrals earn...paid out every single day.
The guarantees in life are now death, taxes, and FreeBitco.in interest!
Freebitco.in may earn far more than 4% annually with their users bitcoin so this is actually a good business strategy they have started.  I think only death is guaranteed in life, taxes and freebitco.in interest are only optional. There can be tax free country and freebitco.in may discontinue this annual interest if they fail to secure 4% annually with their investment.  |
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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Bitinity
Legendary
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Activity: 1442
Merit: 1074
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April 04, 2017, 11:56:38 AM |
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gambling always have risk, if everyone can win easily in gambling, i think all casino site would go bust  Absolutely, those who said has been scammed by a site because they could not win but unable to give valid proofs of being scammed are just players who do not understand how gambling works. They only think that they will make some money after some loses but in fact they keep on losing again and again till they have no more funds to bet. This kind of players should blame themselves why they keep on losing. |
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SyGambler
Legendary
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Activity: 1764
Merit: 1441
https://bitcoin.watfordfc.com
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April 04, 2017, 12:11:17 PM |
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gambling always have risk, if everyone can win easily in gambling, i think all casino site would go bust Absolutely, those who said has been scammed by a site because they could not win but unable to give valid proofs of being scammed are just players who do not understand how gambling works. They only think that they will make some money after some loses but in fact they keep on losing again and again till they have no more funds to bet. This kind of players should blame themselves why they keep on losing. well yeah and we should ignore people who are complaining about losing after gambling in a 5% HE site since it's expected but what about the lottery ?? the lottery should definitely be less shady in the future cause it's the only negative thing about the site can't they develop a system like the one in crypto-games for example ? |
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wetsuit
Legendary
Offline
Activity: 981
Merit: 1018
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April 04, 2017, 12:16:08 PM |
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gambling always have risk, if everyone can win easily in gambling, i think all casino site would go bust Absolutely, those who said has been scammed by a site because they could not win but unable to give valid proofs of being scammed are just players who do not understand how gambling works. They only think that they will make some money after some loses but in fact they keep on losing again and again till they have no more funds to bet. This kind of players should blame themselves why they keep on losing. well yeah and we should ignore people who are complaining about losing after gambling in a 5% HE site since it's expected but what about the lottery ?? the lottery should definitely be less shady in the future cause it's the only negative thing about the site can't they develop a system like the one in crypto-games for example ? How is the crypto-games lottery provably fair? Their website says this is how it works: What is this game?
This game is called lottery. You can buy lottery tickets and hope that one of your ticket numbers will be picked. The draw takes place twice per week, on Wednesday and Saturday.
How to play
Click on tab "Buy ticket" and enter number of tickets you want to buy. Each ticket costs 0.0001 BTC (10k satoshi). You can buy tickets only with Bitcoins.
Lots will be drawn each week on wednesday and saturday using random numbers generated through RandomPicker. Three winning tickets will be selected and winners will get the following prizes:
1st place: 80% of the prize pool
2nd place: 14% of the prize pool
3rd place: 4.5% of the prize pool
Payout:
98.5% of the money raised with ticket sales will be paid out to the three winners.
Rest 1.5% will go to the house for maintenance and development. AFAIK, there is no way to implement a provably fair lottery where there is a variable number of tickets sold. If anybody can come up with a system for doing so, I would be happy to implement it like I have mentioned before quite a few times. And I would offer a generous bonus for the person doing so as well. |
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SyGambler
Legendary
Offline
Activity: 1764
Merit: 1441
https://bitcoin.watfordfc.com
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April 04, 2017, 12:33:33 PM |
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gambling always have risk, if everyone can win easily in gambling, i think all casino site would go bust Absolutely, those who said has been scammed by a site because they could not win but unable to give valid proofs of being scammed are just players who do not understand how gambling works. They only think that they will make some money after some loses but in fact they keep on losing again and again till they have no more funds to bet. This kind of players should blame themselves why they keep on losing. well yeah and we should ignore people who are complaining about losing after gambling in a 5% HE site since it's expected but what about the lottery ?? the lottery should definitely be less shady in the future cause it's the only negative thing about the site can't they develop a system like the one in crypto-games for example ? How is the crypto-games lottery provably fair? Their website says this is how it works: What is this game?
This game is called lottery. You can buy lottery tickets and hope that one of your ticket numbers will be picked. The draw takes place twice per week, on Wednesday and Saturday.
How to play
Click on tab "Buy ticket" and enter number of tickets you want to buy. Each ticket costs 0.0001 BTC (10k satoshi). You can buy tickets only with Bitcoins.
Lots will be drawn each week on wednesday and saturday using random numbers generated through RandomPicker. Three winning tickets will be selected and winners will get the following prizes:
1st place: 80% of the prize pool
2nd place: 14% of the prize pool
3rd place: 4.5% of the prize pool
Payout:
98.5% of the money raised with ticket sales will be paid out to the three winners.
Rest 1.5% will go to the house for maintenance and development. AFAIK, there is no way to implement a provably fair lottery where there is a variable number of tickets sold. If anybody can come up with a system for doing so, I would be happy to implement it like I have mentioned before quite a few times. And I would offer a generous bonus for the person doing so as well. is there anyway that the person can know what are the tickets numbers that he holds ?? if so then you can record the weekly draw using a RNG site and upload the video on youtube sportsbet did that in one of their draws after all the players complained |
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wetsuit
Legendary
Offline
Activity: 981
Merit: 1018
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April 04, 2017, 12:44:25 PM |
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gambling always have risk, if everyone can win easily in gambling, i think all casino site would go bust Absolutely, those who said has been scammed by a site because they could not win but unable to give valid proofs of being scammed are just players who do not understand how gambling works. They only think that they will make some money after some loses but in fact they keep on losing again and again till they have no more funds to bet. This kind of players should blame themselves why they keep on losing. well yeah and we should ignore people who are complaining about losing after gambling in a 5% HE site since it's expected but what about the lottery ?? the lottery should definitely be less shady in the future cause it's the only negative thing about the site can't they develop a system like the one in crypto-games for example ? How is the crypto-games lottery provably fair? Their website says this is how it works: What is this game?
This game is called lottery. You can buy lottery tickets and hope that one of your ticket numbers will be picked. The draw takes place twice per week, on Wednesday and Saturday.
How to play
Click on tab "Buy ticket" and enter number of tickets you want to buy. Each ticket costs 0.0001 BTC (10k satoshi). You can buy tickets only with Bitcoins.
Lots will be drawn each week on wednesday and saturday using random numbers generated through RandomPicker. Three winning tickets will be selected and winners will get the following prizes:
1st place: 80% of the prize pool
2nd place: 14% of the prize pool
3rd place: 4.5% of the prize pool
Payout:
98.5% of the money raised with ticket sales will be paid out to the three winners.
Rest 1.5% will go to the house for maintenance and development. AFAIK, there is no way to implement a provably fair lottery where there is a variable number of tickets sold. If anybody can come up with a system for doing so, I would be happy to implement it like I have mentioned before quite a few times. And I would offer a generous bonus for the person doing so as well. is there anyway that the person can know what are the tickets numbers that he holds ?? if so then you can record the weekly draw using a RNG site and upload the video on youtube sportsbet did that in one of their draws after all the players complained I could assign ticket numbers to all users and do a public draw. However, it still does not stop me from creating fake accounts and giving them tickets to push the odds of winning in my favour. It is possible to hash ticket numbers with a client seed, order them in ascending order and then pick winners. However, it wouldn't make the game provably fair, it would only give an appearance of being fair while it actually isn't and wouldn't doing that be more dishonest? If enough people think that would be a more preferable approach, it is something I could do but personally I feel it is dishonest to claim something is provably fair when it really isn't. Right now, people who play the lottery know that numbers are picked server-side and that it may not be fair and they buy tickets knowing that. Giving the appearance of being fair while not really being so would give people a false sense of trust. Also, I haven't seen many public RNG's who offer a service to handle drawing of 100 million+ tickets (which is what we usually have) so I'll need to make something myself. Also 100 million hashes would create a file of 6.4 GB (and last week we had 130 million tickets) so I am not sure how many people would actually download such a file to check the results. |
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BTCevo
Legendary
Offline
Activity: 1834
Merit: 1008
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April 04, 2017, 03:08:55 PM |
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And if that's not enough, now FreeBitco.in offers a guaranteed option to win...4% annual interest on your gambling winnings balance and 25% commissions on the interest your referrals earn...paid out every single day.
The guarantees in life are now death, taxes, and FreeBitco.in interest!
Freebitco.in may earn far more than 4% annually with their users bitcoin so this is actually a good business strategy they have started. I think only death is guaranteed in life, taxes and freebitco.in interest are only optional. There can be tax free country and freebitco.in may discontinue this annual interest if they fail to secure 4% annually with their investment. I just wondering if we can really earn4% gradually because if this is true, this will be sure profitable site ever in this bitcoin world. And I wondering again if the site already have any player that put their money there? I know their site is great site and have good reputation but we just take some precaution if any time that they can run away with this really huge money |
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Kprawn
Legendary
Offline
Activity: 1778
Merit: 1064
CryptoTalk.Org - Get Paid for every Post!
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April 04, 2017, 03:30:50 PM |
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gambling always have risk, if everyone can win easily in gambling, i think all casino site would go bust Absolutely, those who said has been scammed by a site because they could not win but unable to give valid proofs of being scammed are just players who do not understand how gambling works. They only think that they will make some money after some loses but in fact they keep on losing again and again till they have no more funds to bet. This kind of players should blame themselves why they keep on losing. well yeah and we should ignore people who are complaining about losing after gambling in a 5% HE site since it's expected but what about the lottery ?? the lottery should definitely be less shady in the future cause it's the only negative thing about the site can't they develop a system like the one in crypto-games for example ? How is the crypto-games lottery provably fair? Their website says this is how it works: What is this game?
This game is called lottery. You can buy lottery tickets and hope that one of your ticket numbers will be picked. The draw takes place twice per week, on Wednesday and Saturday.
How to play
Click on tab "Buy ticket" and enter number of tickets you want to buy. Each ticket costs 0.0001 BTC (10k satoshi). You can buy tickets only with Bitcoins.
Lots will be drawn each week on wednesday and saturday using random numbers generated through RandomPicker. Three winning tickets will be selected and winners will get the following prizes:
1st place: 80% of the prize pool
2nd place: 14% of the prize pool
3rd place: 4.5% of the prize pool
Payout:
98.5% of the money raised with ticket sales will be paid out to the three winners.
Rest 1.5% will go to the house for maintenance and development. AFAIK, there is no way to implement a provably fair lottery where there is a variable number of tickets sold. If anybody can come up with a system for doing so, I would be happy to implement it like I have mentioned before quite a few times. And I would offer a generous bonus for the person doing so as well. is there anyway that the person can know what are the tickets numbers that he holds ?? if so then you can record the weekly draw using a RNG site and upload the video on youtube sportsbet did that in one of their draws after all the players complained I could assign ticket numbers to all users and do a public draw. However, it still does not stop me from creating fake accounts and giving them tickets to push the odds of winning in my favour. It is possible to hash ticket numbers with a client seed, order them in ascending order and then pick winners. However, it wouldn't make the game provably fair, it would only give an appearance of being fair while it actually isn't and wouldn't doing that be more dishonest? If enough people think that would be a more preferable approach, it is something I could do but personally I feel it is dishonest to claim something is provably fair when it really isn't. Right now, people who play the lottery know that numbers are picked server-side and that it may not be fair and they buy tickets knowing that. Giving the appearance of being fair while not really being so would give people a false sense of trust. Also, I haven't seen many public RNG's who offer a service to handle drawing of 100 million+ tickets (which is what we usually have) so I'll need to make something myself. Also 100 million hashes would create a file of 6.4 GB (and last week we had 130 million tickets) so I am not sure how many people would actually download such a file to check the results. Damn, I never really thought about the practical implication with the hashing of those tickets. The draw is usually almost instantaneous, so I figured it was a easy and fast process with limited hashing needed. I know https://www.reddit.com/r/millionairemakers/ has some system that shows the draw process in real time, but it takes a lot of time.  |
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Myfe
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April 04, 2017, 04:40:52 PM |
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I just wondering if we can really earn4% gradually because if this is true, this will be sure profitable site ever in this bitcoin world. And I wondering again if the site already have any player that put their money there? I know their site is great site and have good reputation but we just take some precaution if any time that they can run away with this really huge money
There's been a lot of members collecting the 4% interest we've been offering. First, you don't have to make deposits to earn the interest...you just need to keep your balance with FreeBitco.in (and if it's over 30,000 satoshi you'll start earning interest). Second, if you want to get more benefit out of the interest offering you can deposit as much BTC as you like to your account and enable the two-factor authentication for additional password security. We've had great response and use from existing members! |
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SyGambler
Legendary
Offline
Activity: 1764
Merit: 1441
https://bitcoin.watfordfc.com
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April 04, 2017, 05:03:39 PM |
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I could assign ticket numbers to all users and do a public draw. However, it still does not stop me from creating fake accounts and giving them tickets to push the odds of winning in my favour. It is possible to hash ticket numbers with a client seed, order them in ascending order and then pick winners. However, it wouldn't make the game provably fair, it would only give an appearance of being fair while it actually isn't and wouldn't doing that be more dishonest?
If enough people think that would be a more preferable approach, it is something I could do but personally I feel it is dishonest to claim something is provably fair when it really isn't. Right now, people who play the lottery know that numbers are picked server-side and that it may not be fair and they buy tickets knowing that. Giving the appearance of being fair while not really being so would give people a false sense of trust.
Also, I haven't seen many public RNG's who offer a service to handle drawing of 100 million+ tickets (which is what we usually have) so I'll need to make something myself. Also 100 million hashes would create a file of 6.4 GB (and last week we had 130 million tickets) so I am not sure how many people would actually download such a file to check the results.
well it seems that I was wrong , yep that would be better but it won't be a provably fair as you said so thanks for explaining that I'm just confused , how there is no easy way to run a provably fair lottery these days  maybe the smart contracts can solve that but I was hoping for a more simple solution |
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Myfe
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April 04, 2017, 05:08:03 PM |
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How there is no easy way to run a provably fair lottery these days maybe the smart contracts can solve that but I was hoping for a more simple solution Sy, the comment quoted below from wetsuit still applies - if you find or have ideas on a better system, let us know! AFAIK, there is no way to implement a provably fair lottery where there is a variable number of tickets sold. If anybody can come up with a system for doing so, I would be happy to implement it like I have mentioned before quite a few times. And I would offer a generous bonus for the person doing so as well.
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Myfe
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April 05, 2017, 06:16:22 AM |
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Big News from FreeBitco.in - we have our first Reward Points redemption for an iPhone AND a set of Beats by Dre headphones. The hype is real, people, these redemption options are available for your Reward Points, you just gotta get out their an earn it - from yourself or your referrals! Receive 2 free Reward Points for every FREE BTC roll you play, 1 points for every roll your referrals play and 1 points for every 0.00003500 BTC that you wager in the MULTIPLY BTC game! Make sure you cash in on the 3x Rewards Points weekend offers too! I know, I know...pics or it didn't happen. Pics below! http://i.imgur.com/pWlZSpj.pnghttp://i.imgur.com/c12rxNR.png |
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karmamiu
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April 05, 2017, 09:52:17 AM |
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This is one of my 1st faucet sites where i actually got my 1st payout also, i also like their dice and all their other offers which seems to be good and awesome.
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Hanako
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April 05, 2017, 09:58:03 AM |
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As i see this is the number 1 best faucet ever i see and still paying!, growing, i think its almost 5 years? Old ?.... And still counting on it...Anways freebit.co.in addred a new features that can mine now and grow your bitcoin without doing anything but year is needed, hopefully i won a jackpot here
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mastermold
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April 05, 2017, 01:15:12 PM |
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Freebitcoin.in is a best faucet. For newbies it is quite helpful to start with bitcoin.
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DuddlyDoRight
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April 05, 2017, 01:25:31 PM |
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Hey "newbies" before you invest time or money in the betting have one of these positive reviewers tell you how they've won so much and keep asking them questions till you're profiting. Maybe just ask them to see a profit spread?  Look at my old posts in this thread to see how much you'll make on the free part if you do it 24/7. |
I have faith that one day this forum will get threads where people won't just repeat their previous posts or what others have already stated in the same thread. Also that people will stop acting like BTC is toy-money and start holding vendors accountable. Naive? Maybe.
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Myfe
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April 05, 2017, 06:49:23 PM |
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Hey "newbies" before you invest time or money in the betting have one of these positive reviewers tell you how they've won so much and keep asking them questions till you're profiting. Maybe just ask them to see a profit spread? Look at my old posts in this thread to see how much you'll make on the free part if you do it 24/7. And read through 2,300 posts? I don't think anyone is going to do that. Write us a summary here, in one post, a clinic of sorts. Tell us how we can beat the bank! |
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Kprawn
Legendary
Offline
Activity: 1778
Merit: 1064
CryptoTalk.Org - Get Paid for every Post!
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April 05, 2017, 08:08:12 PM |
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Big News from FreeBitco.in - we have our first Reward Points redemption for an iPhone AND a set of Beats by Dre headphones. The hype is real, people, these redemption options are available for your Reward Points, you just gotta get out their an earn it - from yourself or your referrals! Receive 2 free Reward Points for every FREE BTC roll you play, 1 points for every roll your referrals play and 1 points for every 0.00003500 BTC that you wager in the MULTIPLY BTC game! Make sure you cash in on the 3x Rewards Points weekend offers too! I know, I know...pics or it didn't happen. Pics below! http://i.imgur.com/pWlZSpj.pnghttp://i.imgur.com/c12rxNR.pngAh, so this operation is operating from the UK, because I see the currency in the details are all in British Pound. Good to know Freebitco.in is not operated from some obscure country with a shady history. .... I see both items were redeemed by the same person in the USA, which is a bit strange. |
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Myfe
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April 06, 2017, 02:21:26 AM |
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Clever guy, this Kprawn, clever indeed. I can confirm that the redemption did originate from the same account/person, therefore the same shipping location. Big News from FreeBitco.in - we have our first Reward Points redemption for an iPhone AND a set of Beats by Dre headphones.
Ah, so this operation is operating from the UK, because I see the currency in the details are all in British Pound. Good to know Freebitco.in is not operated from some obscure country with a shady history. .... I see both items were redeemed by the same person in the USA, which is a bit strange. |
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Myfe
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April 06, 2017, 02:23:49 AM |
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Anybody taking advantage of the Multiply BTC bonus?
I read on this forum somewhere about a guy/gal wagering 0.5BTC in the Multiply and running it up to 21BTC! Anyone else hear/read about this? If so, share details.
FreeBitco.in is matching Multiply BTC play up to 1BTC. Specific rules apply, so if you have questions PM me.
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