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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 420041 times)
TheQuin
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January 13, 2019, 02:55:02 PM
 #7741

I assume the 1.6k btc user savings includes wetsuits stash that he's willing to give up to the cause before giving up and turning the servers off?

No. The user savings are not the bankroll. The bankroll wetsuit has is adequate for maximum win per bet of 20 BTC. Certainly more so than those sites that use leveraged investments.



That's why Quin disables/ bans those who simply claim and not wager because there are no advertisements on the site. Or else how's he gonna pay the bills and punters?

I don't. We allow people to just use the faucet if they want. That is one thing that distinguishes us from other gambling sites. I only ban people for abuse by multi-accounting and self-referring.

freebitcoin.TO WIN A  LAMBORGHINI!..

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January 13, 2019, 03:09:36 PM
 #7742

I assume the 1.6k btc user savings includes wetsuits stash that he's willing to give up to the cause before giving up and turning the servers off?

No. The user savings are not the bankroll. The bankroll wetsuit has is adequate for maximum win per bet of 20 BTC. Certainly more so than those sites that use leveraged investments.



That's why Quin disables/ bans those who simply claim and not wager because there are no advertisements on the site. Or else how's he gonna pay the bills and punters?

I don't. We allow people to just use the faucet if they want. That is one thing that distinguishes us from other gambling sites. I only ban people for abuse by multi-accounting and self-referring.

Got it, my bad. I'll edit my previous post then.

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January 13, 2019, 06:19:31 PM
 #7743

Hallo,
kann jemand sagen wieviele Wetten man hintereinander max verlieren kann?

Direct Google translation from German to English : "Hello,
can someone say how many bets you can lose max at a time?"

Answer : There are no specific amounts of bets that are configured by the site, for you too win or loose bets. The site is using a provable fair betting system, so you can test this for yourself.  Wink  <Each bet can be verified for fairness>  Wink

Hope that answers your question.  Wink

That Google translate is getting better every day! Smiley It even proposed me this version:


Quote
Hello, can anyone say how many bets you can lose in a row?

Which I think is closer to what maestro0 meant to ask. And some people doubt that AI can surpass humans in all respects soon. Smiley

I think maestro0 has just started playing dice and after losing, say, 15 bets in a row on 50% win chance he made the post thinking that that would be impossible to happen if everything was fair.  All of us have been there at some point in the very beginning. Smiley I think learning about provably fair algorithm can be a good starting point for understanding how modern gambling works.

15x hintereinander verlieren ist ja noch ok aber bei mir waren es schon 26x!!!

Kann das jemand überbieten??
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January 14, 2019, 12:09:13 AM
 #7744

friends, be careful with this site, they will steal your bitcoins. they are scammers
ahah, really? I said half a year ago that this is exactly what they will do. first asked to replenish the account to unlock all the bonuses, and then stole all the money)) new business, handsome)) greed will ruin you
I want to tell you that imagine or not, freebitco was recommended by some financial industrials in one country when bitcoin was new to people, they suggested freebitco as a way of collecting bitcoins. This website was very popular when price was low and they had 1 btc every hour, now maybe they losts their popularity but not trust, don't spread wrong messages, they don't steal money.
I just used the website, was invited referrals and collect your free Satoshi. sometimes played as a gambling game.
I had a small amount of bitcoins in my account, the bulk of which was deposited by me. they took everything from me. they said I was stealing from them. How can you steal what they give for free every hour?  it turns out everyone who uses this site steals from them? everyone who hasn't lost of course...

Not true. We only ban abusers that make multiple free rolls every hour and/or self refer to abuse the referral system. You stole and withdrew much more from us than the small balance that was on your many accounts.
Freebitco is faucet website yeah? I was using that in past for fun when you were giving away 1btc/hour. I was making multiple freerols, never had any problem. So logically if you are faucet website in idea and also offer dice to multiple your faucet income, then why would you call abusing to multiple freerolls? I have no idea...

Yes, of course they are faucet website which guarantee player some amount to be claimed.The problem is not about their site but on the people who keeps on claiming their freeroll, although it is a free but there is no way that you guys can keep on abusing it. Each of players can do multiple accounts(apparently) but they can't self-refer for themselves or even using any third party to claim it more than one time per hour. You can see this site and compare their faucet to others site, I do not think that any site giving this huge amount per claim
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January 14, 2019, 04:49:19 AM
 #7745

Announcement:

The time of the weekly auto-withdraw payouts on Sunday will be changing next week. From Sunday 20th January payouts will be 12 hours later at 20:00 server time (UTC -7).

freebitcoin.TO WIN A  LAMBORGHINI!..

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January 14, 2019, 10:02:46 AM
 #7746

Hallo,
kann jemand sagen wieviele Wetten man hintereinander max verlieren kann?

Direct Google translation from German to English : "Hello,
can someone say how many bets you can lose max at a time?"

Answer : There are no specific amounts of bets that are configured by the site, for you too win or loose bets. The site is using a provable fair betting system, so you can test this for yourself.  Wink  <Each bet can be verified for fairness>  Wink

Hope that answers your question.  Wink

That Google translate is getting better every day! Smiley It even proposed me this version:


Quote
Hello, can anyone say how many bets you can lose in a row?

Which I think is closer to what maestro0 meant to ask. And some people doubt that AI can surpass humans in all respects soon. Smiley

I think maestro0 has just started playing dice and after losing, say, 15 bets in a row on 50% win chance he made the post thinking that that would be impossible to happen if everything was fair.  All of us have been there at some point in the very beginning. Smiley I think learning about provably fair algorithm can be a good starting point for understanding how modern gambling works.

15x hintereinander verlieren ist ja noch ok aber bei mir waren es schon 26x!!!

Kann das jemand überbieten??

Firstly, you are not in the Local, and thus please try to write in English, use Google translate at least. This is the last time I'm answering to a post which is not in English.

Secondly, you've never mentioned what win chance you were betting with. Was it 47.50%? Anyway, even with 47.50% win chance losing 26 bets in a row is possible. With hundreds of thousands bets you are almost certainly going to hit that losing streak, but it is not impossible to hit it right away as well.

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January 14, 2019, 03:22:10 PM
Last edit: January 14, 2019, 08:51:48 PM by STT
 #7747

Well that should be really unlikely, thats a coin flip odds almost.     Just 5 coin flips all being heads is below 4% (1 in 32 odds) so given 100 people attempting this task, only 4 should be succeeding in all heads on 5 coin flips or 40 for a 1000 people separately attempting the task.

Think thats correct, might be lower school maths even.   So for 15 sequential attempts at 47.5% odds it comes back like below 0.2% and 26 attempts I dont even have that as a readable number Tongue  its tiny, national lottery type odds.    
I'll go see if I can find a handy website that would confirm, give a readout on that

http://math.ucr.edu/home/baez/games/games_9.html

[26 flips all being the same result is 1 in 67 million possible event.    Math major tells me, the correct equation for a consecutive occurrence is = 1/0.475^26 ~254 million]


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January 14, 2019, 04:20:28 PM
 #7748

I can imagine why someone would want to make multiple accounts in order to make more money even if it is small amounts. We consider the first world country living salaries as 1000+ dollars a month but there are many countries where making 100+ dollars a month is amazing money for kids and young adults, consider the fact that minimum salary is about 200-300 dollars in at least 50 countries, it wouldn't be shocking why someone would have 100 accounts and keep abusing the faucet over and over again all day every day since that is literally free money by doing nothing.

Of course they should be banned and of course all the money they have on their account should be taken away from them since all of it is illegal but in the end we can't be really surprised when they start doing it again later on because there is no mechanism that makes them stop before doing it, all you can do is ban them when they do it, nothing freebitco.in can do before they start doing it.

I hope there will be some IP solution to stop them before they even try in the future because I love the website and don't want to see it go because of these scammers.
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January 14, 2019, 11:45:45 PM
Merited by Betwrong (1)
 #7749

I hope there will be some IP solution to stop them before they even try in the future because I love the website and don't want to see it go because of these scammers.
They probably have a solution to stop anyone from abusing the referral system. If you haven't watched this thread before you'll see a lot of them complain on this thread, warn others to not use this site and asking the reason for their ban then TheQuin comes in to expose them one by one.

[26 flips all being the same result is 1 in 67 million possible event.    Math major tells me, the correct equation for a consecutive occurrence is = 1/0.475^26 ~254 million]
This is for all 26 flips to be a winning outcome. For losing outcomes I think it should be 0.525.

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January 15, 2019, 08:33:12 AM
 #7750

~
[26 flips all being the same result is 1 in 67 million possible event.    Math major tells me, the correct equation for a consecutive occurrence is = 1/0.475^26 ~254 million]
This is for all 26 flips to be a winning outcome. For losing outcomes I think it should be 0.525.

That's right, and therefore the odds of losing 26 bets in a row at 47.50% win chance would be once every 18,873,746 bets. Still a big number, but not as big as 254 million.

Playing years on various dice sites, I personally never had that experience, nor I've seen that anyone else had. So it would be interesting if maestro0_5 could provide us with a screenshot. I'm inclined to think that he was betting with 20% win chance or something like that.

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January 15, 2019, 10:00:26 AM
 #7751

~
[26 flips all being the same result is 1 in 67 million possible event.    Math major tells me, the correct equation for a consecutive occurrence is = 1/0.475^26 ~254 million]
This is for all 26 flips to be a winning outcome. For losing outcomes I think it should be 0.525.

That's right, and therefore the odds of losing 26 bets in a row at 47.50% win chance would be once every 18,873,746 bets. Still a big number, but not as big as 254 million.

Playing years on various dice sites, I personally never had that experience, nor I've seen that anyone else had. So it would be interesting if maestro0_5 could provide us with a screenshot. I'm inclined to think that he was betting with 20% win chance or something like that.

It's happened to me already, not even at this site but at a 1% house edge site, and I didn't even reach 1 million bets haha. Just goes to show what variance can do to kill you. And 18.8 mil bets? that's like betting 1 satoshi and after losing 26 bets you can lose about 0.38 BTC. Lots of people I'm sure have lost that amount just doing 1 satoshi martingale.

Anyway, my stats at Freebitco.in aren't good. Busted 0.02 deposit, after fewer than 1 million bets. Took a lot of rewards from the x5 promos, and managed to unlock bonuses, and had a lot of fun, so no big deal.



BIG WINNER!
[15.00000000 BTC]


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January 15, 2019, 02:02:43 PM
Merited by STT (1)
 #7752

~
[26 flips all being the same result is 1 in 67 million possible event.    Math major tells me, the correct equation for a consecutive occurrence is = 1/0.475^26 ~254 million]
This is for all 26 flips to be a winning outcome. For losing outcomes I think it should be 0.525.

That's right, and therefore the odds of losing 26 bets in a row at 47.50% win chance would be once every 18,873,746 bets. Still a big number, but not as big as 254 million.

Playing years on various dice sites, I personally never had that experience, nor I've seen that anyone else had. So it would be interesting if maestro0_5 could provide us with a screenshot. I'm inclined to think that he was betting with 20% win chance or something like that.

It's happened to me already, not even at this site but at a 1% house edge site, and I didn't even reach 1 million bets haha. Just goes to show what variance can do to kill you. And 18.8 mil bets? that's like betting 1 satoshi and after losing 26 bets you can lose about 0.38 BTC. Lots of people I'm sure have lost that amount just doing 1 satoshi martingale.

Anyway, my stats at Freebitco.in aren't good. Busted 0.02 deposit, after fewer than 1 million bets. Took a lot of rewards from the x5 promos, and managed to unlock bonuses, and had a lot of fun, so no big deal.

This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.
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January 15, 2019, 07:16:27 PM
 #7753

This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.
Hi, as far as I know there is no faster method for browsing through roll history, you just have to click through.
Unrelated tip for the future: forum admins and users in general are expected not to post quotation pyramids (a lot of posts from other people in one quote).

@TheQuin (he is the official person of contact for freebitco here)
What are the chances for using reward points to increase interest rates, something like 1000RP for 0.000001% (per day)?
And as always; any updates about new layout/rebranding?

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January 16, 2019, 07:33:16 AM
Last edit: January 16, 2019, 08:45:10 AM by ralle14
 #7754

This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.
I tried replicating your losing streak and after a few minutes the highest I got over 4k rolls was ~10 losses in a row. With how fast their betting speed is at low bet amounts I might hit it within a day if I continued betting. I would be impressed if those losing streaks came from a x1.01 multiplier which is the highest win %.

No site offers this, to my knowledge. You have to remember your bet ID maybe.
I don't see any bet ID from the site though. All I see is the verifier and the time the bet was made.

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.
●/
●/
●/
SLOTS
GAME SHOW
LIVE CASINO
●/
●/
ROULETTE
BLACKJACK
▄▄▄▄▄▄▄▄▄▄ ▄▄ ▄
|.
.21-10-21.
|
   BONUS BATTLES   
.....WINNER TAKES ALL.....
TWITTER     |     DISCORD
..PLAY NOW..
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January 16, 2019, 08:22:16 AM
 #7755

It's happened to me already, not even at this site but at a 1% house edge site, and I didn't even reach 1 million bets haha. Just goes to show what variance can do to kill you. And 18.8 mil bets? that's like betting 1 satoshi and after losing 26 bets you can lose about 0.38 BTC. Lots of people I'm sure have lost that amount just doing 1 satoshi martingale.

Anyway, my stats at Freebitco.in aren't good. Busted 0.02 deposit, after fewer than 1 million bets. Took a lot of rewards from the x5 promos, and managed to unlock bonuses, and had a lot of fun, so no big deal.

This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.

Actually, that's a really good question. I have of course always examined everytime I went bust, and checked my losing streaks but all of them have always been provably fair and verified, I have no issues. Maybe TheQuin can provide some assistance on how to check stats history from a particular month. No site offers this, to my knowledge. You have to remember your bet ID maybe.

Also, that's my setting. And I promise you I've hit streaks from 1 satoshi to over 1 million satoshi, and very quick to reach. Just leave it on auto for 999999 bets, you'll hit it before the auto ends. If you don't, you're lucky. That's statistics, you can't beat it!



BIG WINNER!
[15.00000000 BTC]


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January 16, 2019, 09:32:50 AM
 #7756

@TheQuin (he is the official person of contact for freebitco here)
What are the chances for using reward points to increase interest rates, something like 1000RP for 0.000001% (per day)?

I can't see that happening.

And as always; any updates about new layout/rebranding?

I'll post it here as soon as I have ay information.

freebitcoin.TO WIN A  LAMBORGHINI!..

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Betwrong
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January 16, 2019, 10:32:44 AM
 #7757

~

This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.

I'm not sure if that's possible at all, I mean, scrolling back to November. What I can do is to scroll to one month back from now, but not further.

But anyway, I hope you understand now, that even with 47.50% win chance such a long losing streak could happen without site being rigged. (Still would be interesting to see the screenshot though, because it's a rare event.)

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maestro0_5
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January 16, 2019, 10:37:13 AM
 #7758

~

This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.

I'm not sure if that's possible at all, I mean, scrolling back to November. What I can do is to scroll to one month back from now, but not further.

But anyway, I hope you understand now, that even with 47.50% win chance such a long losing streak could happen without site being rigged. (Still would be interesting to see the screenshot though, because it's a rare event.)

From the settings with the loss I took a screenshot,
but it does not work with image insertion, what do I have to do to insert it?
jackg
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January 16, 2019, 12:55:40 PM
 #7759

~

This is basically no problem as proof if someone can tell me how to search faster in my story than to scroll back. It was already in November !!
It was a normal setting with 1 Satoshi at 47.5%
Sorry if it's badly translated, but I can only speak german.

I'm not sure if that's possible at all, I mean, scrolling back to November. What I can do is to scroll to one month back from now, but not further.

But anyway, I hope you understand now, that even with 47.50% win chance such a long losing streak could happen without site being rigged. (Still would be interesting to see the screenshot though, because it's a rare event.)

From the settings with the loss I took a screenshot,
but it does not work with image insertion, what do I have to do to insert it?

Put a link to.the screenshot here inside img tabs and someone will quote it and then others can see the image on the thread.

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January 16, 2019, 04:25:22 PM
 #7760

The number one spot is taken with 138 bitcoins wagered. To give you an idea of how much that is, 138 bitcoins totals to 500 thousand dollars. Someone wagered about 500 thousand dollars in gambling in order to reach the number one spot that will be getting 10 thousand dollars in rewards.

I am not saying anyone who gambles 500 thousand dollars loses money, after all the house edge is small and you can even be lucky and even won money during that much gambling and maybe that person will get 10 thousand dollars on top of the money they already made but risking 500 thousand dollars to make 10 thousand dollars sounds crazy. That person and all the following people there with 125 and so forth must be really into gambling.

I have not gambled anything more than 0.05 so far so it sounds so crazy to think about how much I would have to bet my max comfortable amount to actually reach to point they are right now. I applaud them for their courage and hope they will tie the house edge with this promotion at least and make profits.
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