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Author Topic: FreeBitco.in - Win free Bitcoins every hour!  (Read 206251 times)
BTCevo
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July 03, 2017, 12:26:40 PM

Just spent around 0.03 btc last night just to hit the first prize and i got nothing there. And now suddenly they make it provably fair? Sure wasting my btc for last week. Just do hope that i can win big this week. This week tickets will be like sold out just many people want to try about your new lottery system. So every week there is not fully 10 persons that really win some cash there? Some of them are just random addresses right?

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DrGuns4Hands
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July 03, 2017, 12:55:06 PM

it's crazy to see people posting their address here haha. well i've already tried playing in this site mostly the dice game so far so good so i could definitely say that this site is legit although this site is new from my eyes but as i already said so far so good i've earned my first win in this site so try your luck guys.

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July 03, 2017, 02:45:00 PM

it's crazy to see people posting their address here haha.

what could happen for that?

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July 03, 2017, 07:02:16 PM

Interesting to see that they start providing option to earn interest on your balance.
The lottery is provably fair, however, unfortunately haven't won anything till now(((

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July 04, 2017, 03:38:38 AM

Interesting to see that they start providing option to earn interest on your balance.
The lottery is provably fair, however, unfortunately haven't won anything till now(((

Until now system was not fair so don't know how they were selecting the winners but now they made a better system so we can try our luck. But as we all know, the winning chance in a lottery is very low and one should be very lucky to win that first price. Just try with a small amount every week to check your luck.

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July 04, 2017, 06:57:45 AM

Thanks to the owner WETSUIT for restoring/White listing my account. finally  i can claim and join the lottery again. thank you for fast support and fixing my issues. all the best.

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July 04, 2017, 07:34:11 AM

Interesting to see that they start providing option to earn interest on your balance.
The lottery is provably fair, however, unfortunately haven't won anything till now(((

Until now system was not fair so don't know how they were selecting the winners but now they made a better system so we can try our luck. But as we all know, the winning chance in a lottery is very low and one should be very lucky to win that first price. Just try with a small amount every week to check your luck.

Plus buying the lottery tickets increases your achievement towards next bonus. I'm buying tickets from everything I claim until I increase my bonus.

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July 04, 2017, 08:42:48 AM

The lottery page has now been updated with the details on how the winners will be picked from round 110 onward. Please let me know if it isn't clear or difficult to understand. I have tried to make it as easy to understand as possible so that everyone can do the verification themselves.

The system looks ok but is there any way you can assign ticket number when people purchase instead of assigning ticket number at the end of the round finish? I'm not a very technical guy, but this looks much better than the current system which no one can be verified.

It makes no difference to the provable fairness of the system because ticket numbers are assigned before we know the bitcoin block hash so we cannot predict the outcome when the numbers are assigned.

Assigning ticket numbers when people purchase tickets will have a couple of problems:

1). It would require us to store 250 million records in the database which would cause a lot of extra load
2) It will make the verification's file much larger in size (250 million records vs 500,000 now) - 500x bigger. Right now the verification file would be about 14 mb in size but having individual ticket numbers will make the file 7 gb in size so it will be much more difficult for people to download the file and verify the results.

Yes, it will not have any impact on provable fairness. But people buy lottery tickets with so many different numbers to increase their winning chance. But in this method, you're going to assign consecutive numbers to one member, and even though they buy tickets at different timings and day, still they will get consecutive numbers. If you can assign a ticket number when they buy, then they can get many different ticket numbers.

I understand that there is a psychological impact of having different numbers so that users can pick lucky numbers etc. but it is simply not possible to at a reasonable cost at our scale. Maybe someone can do a lottery with a fixed number of tickets and have users pick numbers that they like and it should be ok for lotteries with higher priced but limited tickets but we cannot price tickets higher since we give them out for free mostly and the ticket price is actually added to the lottery prize pool for tickets that are given out for free.

You can still increase the ticket price and still retain the reward system. Instead of rewarding people with whole tickets, you give them discounts on increments for the purchase of their next ticket. Example : Ticket price = $10 - For every 8 free rolls you play per day, you get say 5% off the purchase price of the lottery ticket for the next round. 

This will reduce the amount of tickets and also make the system more manageable. < database size >

All discounts are carried over to the next round for people who cannot afford to buy whole tickets from their own money. < just to make it fair >   ^smile^

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July 04, 2017, 10:46:28 AM

Thanks to the owner WETSUIT for restoring/White listing my account. finally  i can claim and join the lottery again. thank you for fast support and fixing my issues. all the best.

Yes, I can confirm that normally they are great in supporting their customers, they are quick to reply and always ready to help.

Btw recently I've noticed that we have to fill in the captcha before a free roll again (which was abandoned some time ago). Is it only me or will it be like this for everyone from now on?

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July 04, 2017, 01:11:43 PM

Thanks to the owner WETSUIT for restoring/White listing my account. finally  i can claim and join the lottery again. thank you for fast support and fixing my issues. all the best.

Yes, I can confirm that normally they are great in supporting their customers, they are quick to reply and always ready to help.

Btw recently I've noticed that we have to fill in the captcha before a free roll again (which was abandoned some time ago). Is it only me or will it be like this for everyone from now on?


Yes, its for everyone. Couple pages back there was annouced, that capha is removed... I like it.

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July 04, 2017, 03:59:39 PM

Interesting to see that they start providing option to earn interest on your balance.
The lottery is provably fair, however, unfortunately haven't won anything till now(((
Lottery is provably fair  Huh Can't find anything regarding fairness of their lottery.
They are giving just 4% annual interest on your bitcoin deposits and I don't think it is worth if you consider the risk of losing all of your deposits if anything goes wrong with them.

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July 04, 2017, 04:35:28 PM

FreeBitco.in is a legendary faucet site. Since, i was a newbie until now senior still utilize this faucet. Over time, FreeBitco.in provides more facilities that are very interesting, investment services.


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July 04, 2017, 04:45:35 PM

Interesting to see that they start providing option to earn interest on your balance.
The lottery is provably fair, however, unfortunately haven't won anything till now(((
Lottery is provably fair  Huh Can't find anything regarding fairness of their lottery.
They are giving just 4% annual interest on your bitcoin deposits and I don't think it is worth if you consider the risk of losing all of your deposits if anything goes wrong with them.
I was also searching where we can check this lottery system is fair but have nothing about this and never have any person who post here about this because most of time we have random addresses as winners if OP want some more audience in this lottery need to work on this system in future




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July 04, 2017, 04:48:13 PM

Interesting to see that they start providing option to earn interest on your balance.
The lottery is provably fair, however, unfortunately haven't won anything till now(((
Lottery is provably fair  Huh Can't find anything regarding fairness of their lottery.
They are giving just 4% annual interest on your bitcoin deposits and I don't think it is worth if you consider the risk of losing all of your deposits if anything goes wrong with them.
I was also searching where we can check this lottery system is fair but have nothing about this and never have any person who post here about this because most of time we have random addresses as winners if OP want some more audience in this lottery need to work on this system in future

Interesting to see that they start providing option to earn interest on your balance.
The lottery is provably fair, however, unfortunately haven't won anything till now(((
Lottery is provably fair  Huh Can't find anything regarding fairness of their lottery.
They are giving just 4% annual interest on your bitcoin deposits and I don't think it is worth if you consider the risk of losing all of your deposits if anything goes wrong with them.

Oh come one guys, please read the thread before posting. In the lottery page there is now a link "THIS LOTTERY IS PROVABLY FAIR!". Clicking that link will describe the provably fair system that is going to be used from this round onwards.

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July 04, 2017, 04:48:39 PM


Lottery is provably fair  Huh Can't find anything regarding fairness of their lottery.


Announced in this very thread, only a short scroll back through.


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panjul07
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July 04, 2017, 04:57:34 PM

Lottery is provably fair  Huh Can't find anything regarding fairness of their lottery.

I guess you missed it, check again the lottery page and you'll find the new system of the lottery which is now provably fair.

They are giving just 4% annual interest on your bitcoin deposits and I don't think it is worth if you consider the risk of losing all of your deposits if anything goes wrong with them.

Indeed 4% annual interest is so low, better to invest on gambling sites where you can earn more but of course there is bigger risk as well. Anyway, is there any stats on the investment at freebitcoin like how many people investing and how many btc invested so far?


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wetsuit
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July 04, 2017, 04:59:18 PM


Indeed 4% annual interest is so low, better to invest on gambling sites where you can earn more but of course there is bigger risk as well. Anyway, is there any stats on the investment at freebitcoin like how many people investing and how many btc invested so far?



Its in the STATS page.

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July 04, 2017, 08:37:55 PM

Yeah, the 4.08% annual interest is kinda low but still it's better than before. Before there was nothing, nothing at all, just an ordinary faucet gambling site. The best move so far was removing the captcha for faucet claims. Hoping they will increase the compounding interest.

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poptok1
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July 04, 2017, 09:19:47 PM

Yeah, the 4.08% annual interest is kinda low but still it's better than before. Before there was nothing, nothing at all, just an ordinary faucet gambling site. The best move so far was removing the captcha for faucet claims. Hoping they will increase the compounding interest.
"kinda low"? O c'mon, 4% is an awesome move! No such thing around since 2(?) years.
However one important thing must be addressed here, namely a huge thanks must be given to wetsuit.
We have seen a lot of faucet/services owners starting their businesses here, on bitcointalk.
Some of them vanished without a word, others stated that they have "outgrown" this great community and left.
Not to mention scammers(but who cares about them anyway?).
Owner of FreeBitco.in however despite being successful with his project haven't left us Smiley
Moreover he is still very active, with all kind of advices and support. Admirable, worth following/imitate.
Once again, thank you wetsuit for being different, for treating this place as a homebase, for sticking with blabbing and complaining users Wink Long last freebitcoin.   

kodes88
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July 05, 2017, 02:01:01 AM

Just spent around 0.03 btc last night just to hit the first prize and i got nothing there. And now suddenly they make it provably fair? Sure wasting my btc for last week. Just do hope that i can win big this week. This week tickets will be like sold out just many people want to try about your new lottery system. So every week there is not fully 10 persons that really win some cash there? Some of them are just random addresses right?
yes,i think so,they take a lot of bitcoin from lottery,i also think they not provably fair like people talk above,i bought some ticket,and notice that some address are weird,so i stop to buy ticket for lottery,and i also wonder are they build android app for their site?because i just found sibling on play store,but have different prize like on site.

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