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Author Topic: FreeBitco.in - Win free Bitcoins every hour!  (Read 206275 times)
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July 14, 2017, 07:44:13 PM
 #3381

I have one question about lottery.
Base bet is 2 satoshi, and bet odds is set to 1.1
So If I WIN I got nothing, but if I loose I lost 2 satoshi.
That is not look fair to me.


You set the multiplier at 1.1 giving yourself an 86.36% chance of winning so the bet pays 10% of stake. As it's rounded off you need to bet a minimum 10 satoshi to win 1.

Mathematically it is OK, but in this case and with this setting you can just, and only to lost everything. And that is not OK, right? 
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July 14, 2017, 09:32:09 PM
 #3382

Recaptcha for freedoge.co.in should also be removed. It's  a pain in the ugh and waste of time for 0.47 doge coin.

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July 14, 2017, 09:38:04 PM
 #3383

I have one question about lottery.
Base bet is 2 satoshi, and bet odds is set to 1.1
So If I WIN I got nothing, but if I loose I lost 2 satoshi.
That is not look fair to me.


You set the multiplier at 1.1 giving yourself an 86.36% chance of winning so the bet pays 10% of stake. As it's rounded off you need to bet a minimum 10 satoshi to win 1.

Mathematically it is OK, but in this case and with this setting you can just, and only to lost everything. And that is not OK, right? 
If you continue to play multiply btc i think much better to find some other site which only have 1% house edge to make high percentage of winning. Here in freebitcoin i loose a lot of bitcoin i only do now to their site is claiming their free roll. This is only based on my experience.



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July 14, 2017, 10:38:57 PM
 #3384

I have one question about lottery.
Base bet is 2 satoshi, and bet odds is set to 1.1
So If I WIN I got nothing, but if I loose I lost 2 satoshi.
That is not look fair to me.


You should be getting 2/10th of a satoshi though freebitco.in and other sites don't have that, it will just eventually be added in your balance if you won 5 times. Just my guess. Smiley

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July 14, 2017, 11:37:20 PM
 #3385

Recaptcha for freedoge.co.in should also be removed. It's  a pain in the ugh and waste of time for 0.47 doge coin.
I agree that ReCaptcha sometimes is very annoying, but there are alternative - you can use SolveMedia instead of ReCaptcha.
But sometimes SolveMedia text is very hard to read.

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July 15, 2017, 12:20:36 AM
 #3386

Recaptcha for freedoge.co.in should also be removed. It's  a pain in the ugh and waste of time for 0.47 doge coin.
I agree that ReCaptcha sometimes is very annoying, but there are alternative - you can use SolveMedia instead of ReCaptcha.
But sometimes SolveMedia text is very hard to read.

These are implemented to avoid people using bots to claim free coins because these faucet site owners want people to visit their sites, not bots. If people visit then they can sell their other services to site visitors otherwise they will only distributing free coins and they will not make any profit out of it. But what I know is for some of the people site already removed these captchas solving to claim coins.

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July 15, 2017, 02:43:54 AM
 #3387

We're in the midst of a RESPECTABLE Rewards Points bonus weekend >>>>> 2x Rewards Points starts tonight!

For the entire weekend, we'll pay you 4 Rewards Points for a free roll, 2 Rewards Points for a multiply roll, and 2 Rewards Points for a referral roll!

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



And as promised a few announcements are on their way...I'll start with our statement on the potential for a hard fork, which was recently posted to the Free BTC landing page.

Quote from: FreeBitco.in Official Hard Fork Statement
Recently, there have been discussions about the possibility of a bitcoin hard fork happening so we wanted to address the issue for users who have their coins stored with us.

We feel that the possibility of a hard fork has been greatly exaggerated, however we are prepared to deal with it if it does happen.

If there is a hard fork, we shall always follow the longest chain (the chain with the most proof of work) as our primary coin. Bitcoins on the secondary chain however, will be made available for withdrawal by users after there has been a clear winning chain. So for each satoshi that users have with us, they will receive 2 (or more if there are multiple forks), one on the longest chain and one in the minority chain/s.

Are any of your other online or exchange wallets making such public statements to put your mind and your Bitcoin at ease?

Please help us spread the word about our loyalty to you.

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July 15, 2017, 03:31:04 AM
 #3388

I have one question about lottery.
Base bet is 2 satoshi, and bet odds is set to 1.1
So If I WIN I got nothing, but if I loose I lost 2 satoshi.
That is not look fair to me.

unlike some other dice site, in that site a non-integer winning is rounded to integer. If you bet 1 , bet odd 1.9, instead of getting 0.9 we received nothing

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July 15, 2017, 11:00:27 AM
 #3389

Recaptcha for freedoge.co.in should also be removed. It's  a pain in the ugh and waste of time for 0.47 doge coin.
I agree that ReCaptcha sometimes is very annoying, but there are alternative - you can use SolveMedia instead of ReCaptcha.
But sometimes SolveMedia text is very hard to read.

These are implemented to avoid people using bots to claim free coins because these faucet site owners want people to visit their sites, not bots. If people visit then they can sell their other services to site visitors otherwise they will only distributing free coins and they will not make any profit out of it. But what I know is for some of the people site already removed these captchas solving to claim coins.
Yes, previously they announced that captcha was removed for people who are playing multiplier or buying lottery tickets. But they can't remove captcha for all due to fraudsters.

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July 15, 2017, 01:52:11 PM
 #3390

Tried it out, got a very small amount of Bitcoin.  Not sure why people are posting their addressed here.

It's still just a faucet. If you post your address you will be creditted .0005 (after 10 free rolls).

Exactly. Thank you Smiley
Also you have a chance to win more than the normal amount of Bitcoins faucets usually give. As the ad revenue stabilizes, I will probably be able to increase the odds of users winning higher amounts.

Bonus activated for everyone who posted.

Wow, very kind of you...Is it still in effect? What I mean is the bonus. Smiley 

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July 16, 2017, 06:53:02 AM
 #3391

Tried it out, got a very small amount of Bitcoin.  Not sure why people are posting their addressed here.

It's still just a faucet. If you post your address you will be creditted .0005 (after 10 free rolls).

Exactly. Thank you Smiley
Also you have a chance to win more than the normal amount of Bitcoins faucets usually give. As the ad revenue stabilizes, I will probably be able to increase the odds of users winning higher amounts.

Bonus activated for everyone who posted.

Wow, very kind of you...Is it still in effect? What I mean is the bonus. Smiley 

Its 4years old promo... Its long time not going enymore...

http://bitgames.io/?affid=962797
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July 16, 2017, 10:29:45 AM
 #3392

Just in case this still works

17QU7qux7PVazMqpPjiqzZtWGySNL3W7i2

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July 17, 2017, 01:51:31 AM
 #3393

Just in case this still works

17QU7qux7PVazMqpPjiqzZtWGySNL3W7i2

You should read the posts above already said that it was old promotion and not working but still you want to try to get free money?

If you're looking for free money then go to their faucet and get some free coin. They have stopped this promotion quite long back.

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July 17, 2017, 02:43:47 AM
 #3394

Just in case this still works

17QU7qux7PVazMqpPjiqzZtWGySNL3W7i2

You should read the posts above already said that it was old promotion and not working but still you want to try to get free money?

If you're looking for free money then go to their faucet and get some free coin. They have stopped this promotion quite long back.
claim inside the faucet and just save it for a month or two for sure you will gain enough for the minimum withdrawal better to take time
to read so if there's any additional promotions you will be able to grab the opportunities.

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July 17, 2017, 02:53:32 AM
 #3395

Just in case this still works

17QU7qux7PVazMqpPjiqzZtWGySNL3W7i2

You should read the posts above already said that it was old promotion and not working but still you want to try to get free money?

If you're looking for free money then go to their faucet and get some free coin. They have stopped this promotion quite long back.
claim inside the faucet and just save it for a month or two for sure you will gain enough for the minimum withdrawal better to take time
to read so if there's any additional promotions you will be able to grab the opportunities.

Saving for month or even two will not give you enough from few claims. It is only around 4% annually, so few hundreds satoshi is impossible to gain minimum to withdraw. The only way to collect enough is to be very active on faucet or be very lucky in hi-lo game Wink   

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July 17, 2017, 07:29:21 AM
 #3396

MIN. WITHDRAW: 0.00030000 BTC
So if you use this faucet for two months, and clam free sathosi 14 times per day ( with current) bitcoin price you will get
14*97*60=81480 sathosi, so you collect more then double of needed.
But what you will do with 81480 when withdrawed?
1.68 $ is not much money...
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July 17, 2017, 08:42:20 AM
 #3397

Hi,
I have a payout that is still pending since sunday (auto withdraw option). I've never had this kind of delay, is anyone having the same problem?

Edit: payout confirmed.
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July 17, 2017, 08:47:03 AM
 #3398

I have one question about lottery.
Base bet is 2 satoshi, and bet odds is set to 1.1
So If I WIN I got nothing, but if I loose I lost 2 satoshi.
That is not look fair to me.


You set the multiplier at 1.1 giving yourself an 86.36% chance of winning so the bet pays 10% of stake. As it's rounded off you need to bet a minimum 10 satoshi to win 1.

Mathematically it is OK, but in this case and with this setting you can just, and only to lost everything. And that is not OK, right? 

Yeah but they should have set the minimum wagering amount to 100 satoshi atleast, so even if you are wagering at 1.01, you will still have a reward at the end/

Why would you even want to wager 2 satoshis, it's like wagering nothing but dust.


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July 17, 2017, 09:41:27 AM
 #3399

Just in case this still works

17QU7qux7PVazMqpPjiqzZtWGySNL3W7i2

You should read the posts above already said that it was old promotion and not working but still you want to try to get free money?

If you're looking for free money then go to their faucet and get some free coin. They have stopped this promotion quite long back.
claim inside the faucet and just save it for a month or two for sure you will gain enough for the minimum withdrawal better to take time
to read so if there's any additional promotions you will be able to grab the opportunities.

Did you try to do that? Since When I execute that act it never gives me huge satoshi amount for saving my faucet earnings, the time generated became slow men and if you think you can earn bunch of satoshi with that doing I think your expectation is very wrong since with this site the more you active the more satoshi you can get. It's not a lazy mans faucet and this one needs effort also.


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July 17, 2017, 01:09:02 PM
 #3400

I have one question about lottery.
Base bet is 2 satoshi, and bet odds is set to 1.1
So If I WIN I got nothing, but if I loose I lost 2 satoshi.
That is not look fair to me.


You set the multiplier at 1.1 giving yourself an 86.36% chance of winning so the bet pays 10% of stake. As it's rounded off you need to bet a minimum 10 satoshi to win 1.

Mathematically it is OK, but in this case and with this setting you can just, and only to lost everything. And that is not OK, right?  

Yeah but they should have set the minimum wagering amount to 100 satoshi atleast, so even if you are wagering at 1.01, you will still have a reward at the end/

Why would you even want to wager 2 satoshis, it's like wagering nothing but dust.


Exactly. I propose to calculate the would be daily profit from that strategy.  Smiley

Btw I like that there is no minimum wagering amount on FreeBitco.in. I don't think something like this should be implemented.

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