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Author Topic: FreeBitco.in - Win free Bitcoins every hour!  (Read 208805 times)
marlboroza
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July 01, 2017, 10:23:10 AM
 #3241

Video is enough for a provably fair system? No, it is not even close to a fair system. Video can be edited and the draw can be made many times till the owner gets the expected winners unless the draw is made in live mode.
Yes, that is why I said spins should go live, so everyone can see them.

But even though it is being drawn in live mode, it is still not provably fair as per my understanding provably fair system is where the draw is verifiable. Otherwise, it cant be called as provably fair.
True, but he can create provably fair for this. Or not?

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July 01, 2017, 10:57:29 AM
 #3242


 Cheesy

It should be enough to show a proof video of the shuffle every week.

Video is enough for a provably fair system? No, it is not even close to a fair system. Video can be edited and the draw can be made many times till the owner gets the expected winners unless the draw is made in live mode. But even though it is being drawn in live mode, it is still not provably fair as per my understanding provably fair system is where the draw is verifiable. Otherwise, it cant be called as provably fair.

Yes this is so true, if they can't verify the bet so it can't be called as provably fair system although it has already been live mode. They need to make it as fair as possible but until now there is no way we can prove the system is being honest yet. Need to give them some time to make their lottery system is provably fair or people will said it scam

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LTU_btc
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July 01, 2017, 10:59:37 AM
 #3243

Video is enough for a provably fair system? No, it is not even close to a fair system. Video can be edited and the draw can be made many times till the owner gets the expected winners unless the draw is made in live mode.
Yes, that is why I said spins should go live, so everyone can see them.

But even though it is being drawn in live mode, it is still not provably fair as per my understanding provably fair system is where the draw is verifiable. Otherwise, it cant be called as provably fair.
True, but he can create provably fair for this. Or not?
Live mode don't make draw provably fair. First of all, it's possible to show recorded video like it would be live. And even if it really broadcasted live, there would be no guarantee that draw isn't rigged.

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July 01, 2017, 11:29:44 AM
 #3244

Video is enough for a provably fair system? No, it is not even close to a fair system. Video can be edited and the draw can be made many times till the owner gets the expected winners unless the draw is made in live mode.
Yes, that is why I said spins should go live, so everyone can see them.

But even though it is being drawn in live mode, it is still not provably fair as per my understanding provably fair system is where the draw is verifiable. Otherwise, it cant be called as provably fair.
True, but he can create provably fair for this. Or not?
Live mode don't make draw provably fair. First of all, it's possible to show recorded video like it would be live. And even if it really broadcasted live, there would be no guarantee that draw isn't rigged.
We are discussing this https://bitcointalk.org/index.php?topic=320959.msg19824755#msg19824755, in my opinion spins can be done live and provably fair.
Live(social) spins like in bitdouble.io and provably fair using hash from blocks which will be mined on sunday.
If this can be done, of course.

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July 01, 2017, 02:28:57 PM
 #3245

,I have tried this site once and its been so long since i last checked it, I don't even have new updates about what is their new or even what have they improved from their site and even those. Have anyone here tried their faucet, its quiet nice.

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July 01, 2017, 05:39:51 PM
 #3246

I have noticed a 100% deposit bonus a while ago when I visited freebitco.in . Is there a wagering requirement to unlock the bonus?

Are you sure about this? I don't think they have such deposit bonus right now. They are just offering 4% around annual profit on your bitcoin deposits in their wallet.

jamyr, yes there is a 100% deposit bonus for the Multiply BTC game only. Please read all of the rules, there are very specific requirements to earn the 100% deposit bonus. If you have questions you can PM me.

piloder, we also offer the 4% annual interest...which is paid daily (1/365th of 4% each day).


Have read thru the terms. And it is good to know that freebitco.in is doing this updates and improvement. The very first hi-lo site I have visited when I was new to btc. Just having a double-thought in depositing as I knew the house edge is very high compared to competitors.

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July 01, 2017, 06:44:57 PM
 #3247

I have noticed a 100% deposit bonus a while ago when I visited freebitco.in . Is there a wagering requirement to unlock the bonus?

Are you sure about this? I don't think they have such deposit bonus right now. They are just offering 4% around annual profit on your bitcoin deposits in their wallet.

jamyr, yes there is a 100% deposit bonus for the Multiply BTC game only. Please read all of the rules, there are very specific requirements to earn the 100% deposit bonus. If you have questions you can PM me.

piloder, we also offer the 4% annual interest...which is paid daily (1/365th of 4% each day).


Have read thru the terms. And it is good to know that freebitco.in is doing this updates and improvement. The very first hi-lo site I have visited when I was new to btc. Just having a double-thought in depositing as I knew the house edge is very high compared to competitors.



This explains how the site makes income. There is no adds or anything that can provide for the site except gamblers at the moment. They give high interests and lottory prizes(which i seriously doubt) and only way to afford all these plus make a profit is high house edge.

Speaking of lottory runs, i wonder if anyone was lucky enough to win anything (not necesseraly the jackpot) from it. I personally never won anything and never seen a post that shares a proof of winning. Somebody mentioned above that winning of $200 was published once. I haven´t seen that either, but even so isn´t weird that such an old faucet has proof of one single winning? Good faucet, but too many questions in the air...


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July 01, 2017, 07:11:03 PM
 #3248

A few updates...

First. Holy Sh*t, we've already commenced a EPIC Rewards Points bonus weekend >>>>> 5x Rewards Points starts tonight!

For the entire weekend, we'll pay you 10 Rewards Points for a free roll, 5 Rewards Points for a multiply roll activity exceeding 1500 satoshi, and 5 Rewards Points for a referral roll!

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



Second. For those of you that play the FreeDoge.co.in game, we've halved the payout for the Free Doge rolls. The site has been less profitable and we've had to reduce the payouts as a result. I know a few of you had specific questions about this...if others have questions PM me!

That is all. For those in the US and Canada enjoy the holiday weekend!

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July 01, 2017, 07:15:48 PM
 #3249

Every goes, how they gt money, if lotery safe... Maybe fauct is made like money washing machine, and lotery gives only big wins theyself, and "as proof for them" is lotery... And fauct is just that noone would put his nose in there, where dont need... While i get my satoshi claimed and payd in time, im not much care of if they fare or no. Noone forcing to buy tickets.

http://bitgames.io/?affid=962797
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July 02, 2017, 03:17:59 AM
 #3250

Have tried this site again after a long time I stopped using this site as a gambling site that I am playing. I have joined the lottery even I know I have a very very low chance of winning on lottery but miracle happened I won a price but not the jackpot but Im happy to won a price even I know I will not win because It is very rare to win.



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July 02, 2017, 07:21:56 AM
 #3251

I really like the site. The dice thing is a lot more fun than normal faucets. I have recieved several payouts so the site is legit Smiley

The site is legit and paying well. But you can't get more bitcoin even if you played Game Multiplyed. I tried many hacking technique but non-of the successful. Please if you know something good and great and unique method of winning the huge amount of bitcoin from this website then post it here.
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July 02, 2017, 08:21:05 AM
 #3252

The lottery round will be provably fair from the round starting today (round 110). The SHA256 hash for the server seed of this round will be b09379ba8c6f0e995b623d118ec1836ee3c92f3085c025a2ee100ce1e10c3806. Someone please quote this so that I cannot edit it later. The full details on how the winners will be picked will be updated in the website shortly after the new round begins.

The 1 BTC bounty for helping with ideas for developing this system will be shared equally between Zhor and edge777. If you guys see this message, please pm me your Freebitco.in user id's. If not, i'll contact you in a couple of days to ask for them.

This post describes how the winners will be picked: https://bitcointalk.org/index.php?topic=320959.msg19748669#msg19748669

I shall try to pre-generate the seeds for the next 1,000 rounds and post their hashes in the forum after the first couple of provably fair rounds have completed successfully.

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July 02, 2017, 08:23:47 AM
 #3253

-snip-
seed of this round  b09379ba8c6f0e995b623d118ec1836ee3c92f3085c025a2ee100ce1e10c3806
Quoted as requested.
Congratulations for both guys, 0.5BTC seems like a fine reward Smiley both winners will post their tx's I hope?
Out of curiosity, wetsuit why not try live lottery raffle? Like on youtube or twitch?
Such huge user-base would surely generate additional income on those platforms not to mention it could be first event of this type in business. It would of course mean another serious changes to the system and more expenses, can you imagine the first real bitcoin lotto machine (balls with numbers) that you can watch/play online... revolution.
Huge step, imo whoever makes it will take over small gambling world of bitcoin.   

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July 02, 2017, 09:22:32 AM
 #3254

The lottery round will be provably fair from the round starting today (round 110). The SHA256 hash for the server seed of this round will be b09379ba8c6f0e995b623d118ec1836ee3c92f3085c025a2ee100ce1e10c3806. Someone please quote this so that I cannot edit it later. The full details on how the winners will be picked will be updated in the website shortly after the new round begins.

The 1 BTC bounty for helping with ideas for developing this system will be shared equally between Zhor and edge777. If you guys see this message, please pm me your Freebitco.in user id's. If not, i'll contact you in a couple of days to ask for them.

This post describes how the winners will be picked: https://bitcointalk.org/index.php?topic=320959.msg19748669#msg19748669

I shall try to pre-generate the seeds for the next 1,000 rounds and post their hashes in the forum after the first couple of provably fair rounds have completed successfully.

well guys, i can confirm that i just received the 0.5btc reward. Thanks, wetsuit!

http://freebitco.in/?r=4021713&tag=tlk 100%refback
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July 02, 2017, 09:41:34 AM
 #3255

-snip-
seed of this round  b09379ba8c6f0e995b623d118ec1836ee3c92f3085c025a2ee100ce1e10c3806
Quoted as requested.
Congratulations for both guys, 0.5BTC seems like a fine reward Smiley both winners will post their tx's I hope?
Out of curiosity, wetsuit why not try live lottery raffle? Like on youtube or twitch?
Such huge user-base would surely generate additional income on those platforms not to mention it could be first event of this type in business. It would of course mean another serious changes to the system and more expenses, can you imagine the first real bitcoin lotto machine (balls with numbers) that you can watch/play online... revolution.
Huge step, imo whoever makes it will take over small gambling world of bitcoin.   

Couple of issues with that:

1). Creating a wheel for 200 million tickets and 500,000+ users/round would need a really huge wheel so that everything is visible.
2). Also, it is not automated so it will need to be done manually at a fixed time every week which might not be possible always.
3). Thirdly, pre-recorded videos can be made to appear as live.

I needed a system that is air-tight, automated and can be verified easily. This system fulfills all those criteria.

You are correct that there is potential in doing a live lottery, but it would need to be done as a lotto game like the UK national lottery.

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July 02, 2017, 11:06:24 AM
 #3256

I was always avoiding playing the lottery game on  FreeBitco.in, I even disabled the lottery tickets in my free rolls in favour of reward points.

But this time I decided to give it a shot.  Smiley

So I have bought 2,110 tickets and now my winning chance is 0.01103122 %.

I'm wondering whether it's the chance of taking the 1st place or it's the chance of taking any of the 10 winning places?

Wish good luck to me, guys. I want to win that 2+ BTC.   )
It's the chance of taking any of the 10 winning places. I wondered about that a couple weeks ago too, but you can easily divide your number of tickets by the total number of tickets and multiply it by 100%. You should then see the chance you'll win the first prize. Multiply it by 10 and that's the chance you should be seeing.

Regards,
Trump
Thanks for your explanation! Damn, that was stupid of me to not think on how to check that myself. )

Meanwhile I bought another 500 tickets, just in case. ) My win chance is 0.01075149 % right now and the lottery round 109 ends in 4 hrs 25 mins. Good luck to me.  Smiley

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July 02, 2017, 12:06:24 PM
 #3257

Finally lottery will be provably fair. People will don't have to create all these accusations that lottery is rigged anymore. I hope that fair game will bring me a lottery prize finally. Offcourse, chances is low, as always.

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July 02, 2017, 12:07:10 PM
 #3258

This is incredibly generous prize, but well deserved. It will be a lot more trnsparent with this new system. I am quite sure you will be selling a lot more tickets too. Fingers crossed Smiley


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July 02, 2017, 12:13:21 PM
 #3259

Finally lottery will be provably fair. People will don't have to create all these accusations that lottery is rigged anymore. I hope that fair game will bring me a lottery prize finally. Offcourse, chances is low, as always.
That will bring more and more players back again having this provably fair system will stop those players to think that the site is rigging the results now that it will be shown most of the claimers and gamblers will be more aggressive to win the decents rewards. Good luck and keep claiming and playing.

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July 02, 2017, 02:11:07 PM
 #3260

It was great to see the new updates on the lottery system, I have purchased one hundred lottery tickets for this draw since it is being updated with this provably fair system and the draw is going to happen in around 1 hours more, maybe I would get lucky and hopefully win some prizes in this draw, and big congrats to Zhor and edge777 for winning the bounty prize of 0.5 BTC each, that is very generous of wetsuit to give out a bounty with such big amount of money  Smiley

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