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Author Topic: FreeBitco.in - Win free Bitcoins every hour!  (Read 206250 times)
m0gliE
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May 19, 2017, 01:34:22 PM
 #2801

Hello, I'm new on this forum and also a new member of FreeBitco.in... I was wondering if the bonus is still available if I post my bitcoin address here. In that case, here's my address: 12X4zaVX1MJVFUSoYtREHLx5nHeyKDJipn

Randomguy, we have something better than that bonus now available - we pay 4% annual interest, paid daily on balances over 30,000 satoshi! If you need a link you can see my signature.

Join us!

Paid daily at 4% annual interest rate?
You can withdraw how you want?
Then it's... Not possible. Or at least I don't see how it can be. That's just a trap to get your money invested and then leave with it ^^

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Csmiami
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May 19, 2017, 01:36:28 PM
 #2802

Hello, I'm new on this forum and also a new member of FreeBitco.in... I was wondering if the bonus is still available if I post my bitcoin address here. In that case, here's my address: 12X4zaVX1MJVFUSoYtREHLx5nHeyKDJipn

Randomguy, we have something better than that bonus now available - we pay 4% annual interest, paid daily on balances over 30,000 satoshi! If you need a link you can see my signature.

Join us!

Paid daily at 4% annual interest rate?
You can withdraw how you want?
Then it's... Not possible. Or at least I don't see how it can be. That's just a trap to get your money invested and then leave with it ^^

They are giving aprox 0.01% daily interest (400.000 satoshis get 40/day) and the rest of the faucet keeps on being the same. You also get a 25% on your referals daily interest

craked5
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May 19, 2017, 03:00:19 PM
 #2803

Hello, I'm new on this forum and also a new member of FreeBitco.in... I was wondering if the bonus is still available if I post my bitcoin address here. In that case, here's my address: 12X4zaVX1MJVFUSoYtREHLx5nHeyKDJipn

Randomguy, we have something better than that bonus now available - we pay 4% annual interest, paid daily on balances over 30,000 satoshi! If you need a link you can see my signature.

Join us!

Paid daily at 4% annual interest rate?
You can withdraw how you want?
Then it's... Not possible. Or at least I don't see how it can be. That's just a trap to get your money invested and then leave with it ^^

They are giving aprox 0.01% daily interest (400.000 satoshis get 40/day) and the rest of the faucet keeps on being the same. You also get a 25% on your referals daily interest

Well it's not so difficult to believe in then.
It's more or less the interest rate you get from a bank in fact ^^
A bit more in traditional banking to be honest.

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May 19, 2017, 07:15:53 PM
 #2804

They are giving aprox 0.01% daily interest (400.000 satoshis get 40/day) and the rest of the faucet keeps on being the same. You also get a 25% on your referals daily interest

Thank you for clarifying this key point. The interest rate is 4% APR, which stands for Annual Percentage Rate (i.e., the amount of return you receive after 1 year). We pay 1/365th of that 4% each day so you start getting paid immediately and so your interest paid then earns interest going forward.


Well it's not so difficult to believe in then.
It's more or less the interest rate you get from a bank in fact ^^
A bit more in traditional banking to be honest.

Exactly! And it's a lot more interest than banks are paying in many western countries. The EU is talking about negative interest rates. And in the US interest rates are at 1% or lower.


Csmiami
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May 19, 2017, 07:51:48 PM
 #2805

They are giving aprox 0.01% daily interest (400.000 satoshis get 40/day) and the rest of the faucet keeps on being the same. You also get a 25% on your referals daily interest

Thank you for clarifying this key point. The interest rate is 4% APR, which stands for Annual Percentage Rate (i.e., the amount of return you receive after 1 year). We pay 1/365th of that 4% each day so you start getting paid immediately and so your interest paid then earns interest going forward.


Well it's not so difficult to believe in then.
It's more or less the interest rate you get from a bank in fact ^^
A bit more in traditional banking to be honest.

Exactly! And it's a lot more interest than banks are paying in many western countries. The EU is talking about negative interest rates. And in the US interest rates are at 1% or lower.



It's not aboout being paid more tham with banks, but of seeing a fair system that you can control, you have no contract and can decide when to start earning and when to stop doing so

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May 19, 2017, 09:41:16 PM
 #2806

Hello, I'm new on this forum and also a new member of FreeBitco.in... I was wondering if the bonus is still available if I post my bitcoin address here. In that case, here's my address: 12X4zaVX1MJVFUSoYtREHLx5nHeyKDJipn

Randomguy, we have something better than that bonus now available - we pay 4% annual interest, paid daily on balances over 30,000 satoshi! If you need a link you can see my signature.

Join us!

I have already joined the website. Waiting for the 3x RP promotion to begin! Grin Grin

https://yolodice.com/r?2LFd2-N5s
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May 19, 2017, 09:53:00 PM
 #2807

I have already joined the website. Waiting for the 3x RP promotion to begin! Grin Grin

Dedicated to some randomguybrowsing...

We're approaching a HUGE Rewards Points bonus weekend >>>>> 3x Rewards Points starts tonight!

For the entire weekend, we'll pay you 6 Rewards Points for a free roll, 3 Rewards Points for a multiply roll, and 3 Rewards Points for a referral roll!

Follow us on Twitter to get more announcements of great promotions > https://twitter.com/freebitco

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May 19, 2017, 10:08:23 PM
 #2808

I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

Csmiami
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May 20, 2017, 04:42:22 AM
 #2809

I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user

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May 20, 2017, 06:22:54 AM
 #2810

I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

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May 20, 2017, 10:21:46 AM
 #2811

I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

Lol, I don't really see your maths. If just by pure chance the provability to hit the lowest prize is 98.85%, how is it not going to be the average income per roll on every user? You have to be a really lucky bastard just to hit the 1k prize (0.99%) and moreover to hit it repeatedly. And adding an example (in my acoount) I have about 2000 free rolls and that has given me aprox 450k satoshi. If you multiply it by 5 (to reach the 10k rolls you mentioned before), you would get 0.02 BTC and 0.02/10.000 =0.000002 =0.002$

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May 20, 2017, 04:01:42 PM
 #2812

I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

It's not at all guaranteed that you will hit the $200 every 10,000 rolls, but I just want to add my 2 cents to that "~27k worth of moneys" thing.

You can make a freeroll every hour so you have 24 free rolls per day at most. 24x365=8,760 free rolls per year.
You'll need 114 years to make 1,000,000 rolls. Smiley

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May 20, 2017, 05:57:48 PM
 #2813

I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

It's not at all guaranteed that you will hit the $200 every 10,000 rolls, but I just want to add my 2 cents to that "~27k worth of moneys" thing.

You can make a freeroll every hour so you have 24 free rolls per day at most. 24x365=8,760 free rolls per year.
You'll need 114 years to make 1,000,000 rolls. Smiley
I wasn't saying you would be making 27k/day, rather that you would gain that in total if you rolled 1 million times. Therefore the average roll reward would be 2.7 cents ($0.027)...
I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

Lol, I don't really see your maths. If just by pure chance the provability to hit the lowest prize is 98.85%, how is it not going to be the average income per roll on every user? You have to be a really lucky bastard just to hit the 1k prize (0.99%) and moreover to hit it repeatedly. And adding an example (in my acoount) I have about 2000 free rolls and that has given me aprox 450k satoshi. If you multiply it by 5 (to reach the 10k rolls you mentioned before), you would get 0.02 BTC and 0.02/10.000 =0.000002 =0.002$

Bro... I didn't say "what reward will you get most of the time"... I said "the average roll reward". So:

if you roll 10,000 times, you would on average get 9885 rolls on 0.2 cents, 100 rolls on 2 cents, 8 rolls on 20 cents, 4 rolls on $2, 2 rolls on $20 and 1 roll on $200.
So on average you will get 9885*0.002+100*0.02+8*0.2+4*2+2*20+1*200=271.37 every 10,000 rolls.
So the average roll is 271.37/10,000 = $0.027137 = ~2.7 cents

Is it really that hard to understand simple maths?

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May 20, 2017, 06:41:51 PM
 #2814

They are giving aprox 0.01% daily interest (400.000 satoshis get 40/day) and the rest of the faucet keeps on being the same. You also get a 25% on your referals daily interest

Thank you for clarifying this key point. The interest rate is 4% APR, which stands for Annual Percentage Rate (i.e., the amount of return you receive after 1 year). We pay 1/365th of that 4% each day so you start getting paid immediately and so your interest paid then earns interest going forward.


Well it's not so difficult to believe in then.
It's more or less the interest rate you get from a bank in fact ^^
A bit more in traditional banking to be honest.

Exactly! And it's a lot more interest than banks are paying in many western countries. The EU is talking about negative interest rates. And in the US interest rates are at 1% or lower.



It will take 20 years for roi. 20 years is a massive amount of time in which anything could happen! This site probably won't operate till then so why risk everything for such a small profit. The risk vs reward is really bad.

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Panda Trump
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May 20, 2017, 07:55:30 PM
 #2815

They are giving aprox 0.01% daily interest (400.000 satoshis get 40/day) and the rest of the faucet keeps on being the same. You also get a 25% on your referals daily interest

Thank you for clarifying this key point. The interest rate is 4% APR, which stands for Annual Percentage Rate (i.e., the amount of return you receive after 1 year). We pay 1/365th of that 4% each day so you start getting paid immediately and so your interest paid then earns interest going forward.


Well it's not so difficult to believe in then.
It's more or less the interest rate you get from a bank in fact ^^
A bit more in traditional banking to be honest.

Exactly! And it's a lot more interest than banks are paying in many western countries. The EU is talking about negative interest rates. And in the US interest rates are at 1% or lower.



It will take 20 years for roi. 20 years is a massive amount of time in which anything could happen! This site probably won't operate till then so why risk everything for such a small profit. The risk vs reward is really bad.

Actually it would take a bit less than 15 years to double your money on freebitco.in.

Also, it doesn't even take 15 years for ROI. As you can just pull your money off after a day, you would have an ROI of 0.01%, but still have ROI after just a single day!

So you could just keep your BTC on there till you think they are becoming a risky site and then just pull them off and enjoy your earnt interest! Having your money on there for 1 year would mean 4.08% ROI. It's still quite some in comparison to many IRL banks (Here in the netherlands I don't know of a bank which gives over 1% interest...)

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May 20, 2017, 10:46:35 PM
 #2816

I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

It's not at all guaranteed that you will hit the $200 every 10,000 rolls, but I just want to add my 2 cents to that "~27k worth of moneys" thing.

You can make a freeroll every hour so you have 24 free rolls per day at most. 24x365=8,760 free rolls per year.
You'll need 114 years to make 1,000,000 rolls. Smiley
I wasn't saying you would be making 27k/day, rather that you would gain that in total if you rolled 1 million times. Therefore the average roll reward would be 2.7 cents ($0.027)...
I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

Lol, I don't really see your maths. If just by pure chance the provability to hit the lowest prize is 98.85%, how is it not going to be the average income per roll on every user? You have to be a really lucky bastard just to hit the 1k prize (0.99%) and moreover to hit it repeatedly. And adding an example (in my acoount) I have about 2000 free rolls and that has given me aprox 450k satoshi. If you multiply it by 5 (to reach the 10k rolls you mentioned before), you would get 0.02 BTC and 0.02/10.000 =0.000002 =0.002$

Bro... I didn't say "what reward will you get most of the time"... I said "the average roll reward". So:

if you roll 10,000 times, you would on average get 9885 rolls on 0.2 cents, 100 rolls on 2 cents, 8 rolls on 20 cents, 4 rolls on $2, 2 rolls on $20 and 1 roll on $200.
So on average you will get 9885*0.002+100*0.02+8*0.2+4*2+2*20+1*200=271.37 every 10,000 rolls.
So the average roll is 271.37/10,000 = $0.027137 = ~2.7 cents

Is it really that hard to understand simple maths?

It's not that it is difficult to understand, it's about you facing it the wrong way (didn't mean to sound mean). Let's put a different example: Suppose you have 10 tickets, with numbers 1 to 10 in each. Each number has a prize. Numbers 1 to 7 go to prize A, 8 and 9 to B and 10 to C. If you took one ticket, the higghest chance is of getting A (here goes the key to our misunderstanding) if you don't put that ticket back, after 10 trials you would have earned A 7 times, B 2 times and C 1 time (this is what you say). But if you put that ticket back, after 10 trials, you don't neccesarily have to earned those same amounts (could be 9 A and 1 B or whatever). Now, applying this example to the website, and using the definition of average, 100 sathosis is the average income per roll (0,002$). What you say is not based on statistics and provability, just in having perfect numbers without taking the facts into account. (on average would mean the sum of each free roll divided into those free rolls, not the numbers you would get having each prize once)

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May 20, 2017, 11:36:02 PM
 #2817

I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

It's not at all guaranteed that you will hit the $200 every 10,000 rolls, but I just want to add my 2 cents to that "~27k worth of moneys" thing.

You can make a freeroll every hour so you have 24 free rolls per day at most. 24x365=8,760 free rolls per year.
You'll need 114 years to make 1,000,000 rolls. Smiley
I wasn't saying you would be making 27k/day, rather that you would gain that in total if you rolled 1 million times. Therefore the average roll reward would be 2.7 cents ($0.027)...
I did some maths... and if the number is really fair, the average roll will give 2-3 cents... (If you would roll 100,000 times, it would probably be 2-3 cents average). How is this profitable for you? 2 cents would mean you have to get $20 per thousand visits to have enough money to pay your users... But how does that work? Really... I'm curious... Is it simply because most users lose it all in the Multiply BTC or is it some dark secret you don't want us to know?

How did you arrive at 2-3 cents for the average roll? The top Free BTC roll prize is $200, it's fixed along with all prize levels below it, regardless of the price of bitcoin.
Lmao... I understand that it's all fixed. That's how I arrived at 2-3 cents (I did it in my head and my head isn't that exact Tongue) the exact value is: $0.027137, so basically 2.7 cents.

I can show you my calculation if you want..

https://docs.google.com/document/d/1JtwnXVjswztX0gVzqffW0gaKppQyWGG_dl4Kcnt6HDg/edit?usp=sharing

That's the document I put clear calculations in.

Use my ref links for +25% more earnings btw,
-Panda Trump

If there are 6 available prizes, being the maximum 200$ 0.1$ st the moment, and each prize is divided by 10, the you have 0.1/0.01/0.001/0.0001/0.00001/0.000001 then, it would be 200$/20$/2$/0.2$/0.02$/0.002$, and that 0.002$ is the average roll on every user
I don't get what you're trying to say... 0.002$ is the average roll on every user? That's nonsense. $0.002 is like the base roll and because there is a chance on the higher prizes, it adds to that base roll. On average, you will hit the $200 every 10,000 rolls, so you basically get $0.02 (2 cents) every roll you play. It's simple maths bro. If you roll 1 million times, I'm pretty sure you would get ~27k worth of moneys

Lol, I don't really see your maths. If just by pure chance the provability to hit the lowest prize is 98.85%, how is it not going to be the average income per roll on every user? You have to be a really lucky bastard just to hit the 1k prize (0.99%) and moreover to hit it repeatedly. And adding an example (in my acoount) I have about 2000 free rolls and that has given me aprox 450k satoshi. If you multiply it by 5 (to reach the 10k rolls you mentioned before), you would get 0.02 BTC and 0.02/10.000 =0.000002 =0.002$

Bro... I didn't say "what reward will you get most of the time"... I said "the average roll reward". So:

if you roll 10,000 times, you would on average get 9885 rolls on 0.2 cents, 100 rolls on 2 cents, 8 rolls on 20 cents, 4 rolls on $2, 2 rolls on $20 and 1 roll on $200.
So on average you will get 9885*0.002+100*0.02+8*0.2+4*2+2*20+1*200=271.37 every 10,000 rolls.
So the average roll is 271.37/10,000 = $0.027137 = ~2.7 cents

Is it really that hard to understand simple maths?

It's not that it is difficult to understand, it's about you facing it the wrong way (didn't mean to sound mean). Let's put a different example: Suppose you have 10 tickets, with numbers 1 to 10 in each. Each number has a prize. Numbers 1 to 7 go to prize A, 8 and 9 to B and 10 to C. If you took one ticket, the higghest chance is of getting A (here goes the key to our misunderstanding) if you don't put that ticket back, after 10 trials you would have earned A 7 times, B 2 times and C 1 time (this is what you say). But if you put that ticket back, after 10 trials, you don't neccesarily have to earned those same amounts (could be 9 A and 1 B or whatever). Now, applying this example to the website, and using the definition of average, 100 sathosis is the average income per roll (0,002$). What you say is not based on statistics and provability, just in having perfect numbers without taking the facts into account. (on average would mean the sum of each free roll divided into those free rolls, not the numbers you would get having each prize once)

Not trying to sound mean, but your way of thinking is a bit crappy...

Ofcourse "The Reality" is not 100% the same as "The Average". You can get less than the average, but also more than the average. And after all, everyone will get around the average in total, as it's completely random.

You're saying that, simply because not everyone gets exactly what the average person gets, users of freebitco.in do not get 2.7137 cents on average. Is that correct?

Now I don't understand your last sentence... On average would mean the sum of each free roll divided into free rolls? That's weird... Can you show your way of calculating the average? Thanks!

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May 20, 2017, 11:59:18 PM
 #2818

I don't have time to read all this crap that you write here around! This website is legend! People trust him! I dont know what informations you want to show. Just leave this place and forget!

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May 21, 2017, 08:26:23 AM
 #2819

I don't have time to read all this crap that you write here around! This website is legend! People trust him! I dont know what informations you want to show. Just leave this place and forget!
And you're talking to?

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May 21, 2017, 08:59:17 AM
 #2820

I don't have time to read all this crap that you write here around!
If you don't have time to read this topic then you don't know what people are talking about so you can't really say it's all crap, right?

I dont know what informations you want to show.
Of course you don't know, you don't read posts in topic.

Just leave this place and forget!
This is public forum  Roll Eyes

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