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Author Topic: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live!  (Read 299351 times)
Betwrong
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March 03, 2019, 09:04:10 AM
 #8281

Something just happened which I only realized late but I made my biggest deposit last week and left it on auto for about 100k rolls at the smallest 1 satoshi martingale. I ddn't even check what happened, assumed it had just finished because I've done 100k plenty of times with even lower balances. I hit my worst streak so far so quickly haha!~
~ I do not think that they implemented a counter measure for it, but I do know it does not work.
~

I too think that no countermeasure is implemented on the site. In order to lose 0.01 BTC martingaling with 1 sat as initial bet you need to hit 19 reds in a row. Odds of losing 19 bets in a row at 47.5% win chance(as it is for 2x on FreeBitco.in): once every 207,478 bets. So, it is a small wonder when one loses it within 100,000 bets. For example, odds of losing 2 bets in a row at 90% win chance: once every 100 bets, but we all know that this can happen much sooner than that.

We don't know the size of slaman29's balance though. If it was greater than 0.02 then it was really very bad luck, but still not something unimaginable.

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March 03, 2019, 12:10:08 PM
 #8282

Something just happened which I only realized late but I made my biggest deposit last week and left it on auto for about 100k rolls at the smallest 1 satoshi martingale. I ddn't even check what happened, assumed it had just finished because I've done 100k plenty of times with even lower balances. I hit my worst streak so far so quickly haha!

Good news is I activated a huge bonus and was left with 30% of bankroll. I'm going to sit tight for a while and stick to 4x RP and up. Good luck all!

A 1 Satoshi Martingale can quickly add up to a lot of Satoshi's if you are on a losing streak. Unfortunately I cannot do this with my account, because it will quickly eat into my deposit balance that I left there for the 4.08% interest that I earn on the site.  Angry

I can assure you the Martingale strategy does not work on Freebitco.in in, I tried it with several different variants and all of them failed. I do not think that they implemented a counter measure for it, but I do know it does not work.

Good luck, you might be more lucky than I were before.  Roll Eyes

Yeah, I did know the risk, to be honest even on my 2 previous busts, I actually lasted a lot longer than I should have, even doubled 200k satoshi to 400k+, and it was after I deposited to over 2 million that the bust came haha.

This was actually meant to be my deposit balance, but at least I managed to get 110k RP, which I converted, and then the big bonus turned up to be almost 200k, so I "earned back" 400k. I still lost over 50% deposit but it's okay, I did expect it. I'll earn some more interest for a few weeks before I deposit again!

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pinoycash
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March 03, 2019, 12:12:51 PM
 #8283

I tried many times martingale method in hi-lo game and most of them i got good results. Yes sometimes i lost but only what i earn in faucets. Thank you freebitco.in i wish i will won lottery one day.

No matter how many you try this type of betting method you will always end up losing your bank roll in the end, Good thing it was only from faucet earnings but even with 1 sat base bet you can easily lost everything if you suffer a long losing streak

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March 03, 2019, 12:48:20 PM
 #8284

Yesterday I redeemed my  first "100 reward points/roll" and I claimed my bonus 17 times since yesterday and I still have the time to claim it 4 more times. If I succeed this I'll break my record (was below 20 can't remember the exact number) by clicking 21 times in a day. Might be a world record.  Grin

ez 900rp.

Do it 90 times more and then I can reach 100k rp  Cheesy

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March 03, 2019, 02:55:15 PM
Merited by justspare (2)
 #8285

We can even calculate it quite easily, 1-2-4-8-16-32-64-128-256-512-1028-2048-4096-8192-16384-32768-65536 after that it is over 100k but I think it is already finished at this point, which means 17 losses in a row.

That impossible, I had the same thing myself before on some other website, yeah you do not expect 17 losses in a row that is true but its also quite possible considering each bet is individually %50 chance, so on your 17th bet you can not say "oh I lost 16 in a row, 17 must hit" because that is not how it works, your 17 has the same 50% chance of win/lose as your first bet.

It is of course not common, I understand why one would be shocked but its just so possible that no one really argue about the possibility neither. I do not think the chance of losing 100k worth the 1 satoshi  gain on each win. I would have tried it with higher amount even if it means quicker loss.

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justspare
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March 04, 2019, 06:01:48 PM
 #8286

Was a there a drop in affiliate lottery ticket earnings? I see that my affiliates are bringing about the same btc as they used to for me, so lack of affiliate income is not an issue since it didn't change much but for some reason I am getting less lottery tickets from them. I am sure there is something I am not looking at correctly so I just wanted to ask it here instead of trying to figure it out myself Cheesy. It seems the easier way out.

What would be the reason for the affiliates to bring in same amount of bitcoin for you from their freerolls and such but not the same amount of lottery tickets earned from them, you think there is an easier explanation or did the lottery tickets earned from affiliates dropped in the recent weeks? Maybe I missed out on an announcement regarding that topic, sorry if I did.

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March 04, 2019, 09:04:19 PM
 #8287

Was a there a drop in affiliate lottery ticket earnings? I see that my affiliates are bringing about the same btc as they used to for me, so lack of affiliate income is not an issue since it didn't change much but for some reason I am getting less lottery tickets from them. I am sure there is something I am not looking at correctly so I just wanted to ask it here instead of trying to figure it out myself Cheesy. It seems the easier way out.

What would be the reason for the affiliates to bring in same amount of bitcoin for you from their freerolls and such but not the same amount of lottery tickets earned from them, you think there is an easier explanation or did the lottery tickets earned from affiliates dropped in the recent weeks? Maybe I missed out on an announcement regarding that topic, sorry if I did.
I don't think that they changed something. Freebitco.in still gives 1 lottery ticket for every faucet claim of your referral. I don't remember, does Freebitco.in gives lottery tickets for X BTC that your referral wager? If yes, maybe it means that your referrals wagered less BTC and in the result you got less lottery tickets.

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March 05, 2019, 01:04:52 AM
 #8288

Was a there a drop in affiliate lottery ticket earnings? I see that my affiliates are bringing about the same btc as they used to for me, so lack of affiliate income is not an issue since it didn't change much but for some reason I am getting less lottery tickets from them. I am sure there is something I am not looking at correctly so I just wanted to ask it here instead of trying to figure it out myself Cheesy. It seems the easier way out.

What would be the reason for the affiliates to bring in same amount of bitcoin for you from their freerolls and such but not the same amount of lottery tickets earned from them, you think there is an easier explanation or did the lottery tickets earned from affiliates dropped in the recent weeks? Maybe I missed out on an announcement regarding that topic, sorry if I did.
I don't think that they changed something. Freebitco.in still gives 1 lottery ticket for every faucet claim of your referral. I don't remember, does Freebitco.in gives lottery tickets for X BTC that your referral wager? If yes, maybe it means that your referrals wagered less BTC and in the result you got less lottery tickets.

You only get lottery tickets from your referrals for their free-rolls and nothing has changed on that. The number of lottery tickets you get from your own wagering did change when BTC fell back below $5000. You now get 1 free lottery ticket for 1000 sats wagered rather than 500 sats wagered when it was above $5000.

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March 05, 2019, 09:46:53 AM
 #8289

Something just happened which I only realized late but I made my biggest deposit last week and left it on auto for about 100k rolls at the smallest 1 satoshi martingale. I ddn't even check what happened, assumed it had just finished because I've done 100k plenty of times with even lower balances. I hit my worst streak so far so quickly haha!

Good news is I activated a huge bonus and was left with 30% of bankroll. I'm going to sit tight for a while and stick to 4x RP and up. Good luck all!

What is the point of rolling 1 satoshi? Do you even know if there is a min 500 sat that counted for the lottery and reward point? I do not know if they are accumulated it like with 500 times of rolling then it will be counted or not but to be safe here I usually doing 500 sat roll. And btw may I know about your biggest deposit here? Because if you have made a big deposit why you just roll on 1 satoshi? And there is jackpot if you hit 8888, do you even bother to tick on this?

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March 05, 2019, 09:54:58 AM
 #8290

We can even calculate it quite easily, 1-2-4-8-16-32-64-128-256-512-1028-2048-4096-8192-16384-32768-65536 after that it is over 100k but I think it is already finished at this point, which means 17 losses in a row.

That impossible, I had the same thing myself before on some other website, yeah you do not expect 17 losses in a row that is true but its also quite possible considering each bet is individually %50 chance, so on your 17th bet you can not say "oh I lost 16 in a row, 17 must hit" because that is not how it works, your 17 has the same 50% chance of win/lose as your first bet.


I had my fair share of 12 losses in a row before, and lost almost half a BTC because of that! Cheesy
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March 05, 2019, 10:43:14 AM
 #8291

I am also curious why you have not used the "Sign a message" option within Coinbase yet? TheQuin are 100% within his rights not to honour your request, if you have not signed the Bitcoin address, because that is standard practice on all sites, when you want to make changes.  Tongue

FTW, bitmaster88 did manage to sign a message eventually and got back into their account. Please take note, write down your 2fa keys and set the profile address to one you can sign from.

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March 05, 2019, 11:58:14 AM
 #8292



roll confirm

Did I win something? I should win something with this roll?

FUUUUUUUUUUUUUUUUUUUUUUCK  Cheesy

Made 1128 rolls so far this is the best one I got.

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March 05, 2019, 12:00:22 PM
 #8293



roll confirm

Did I win something? I should win something with this roll?

FUUUUUUUUUUUUUUUUUUUUUUCK  Cheesy



Wrong side

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March 05, 2019, 10:21:42 PM
 #8294

https://i.ibb.co/gD4pfYQ/dde.png

roll confirm

Did I win something? I should win something with this roll?

FUUUUUUUUUUUUUUUUUUUUUUCK  Cheesy

Made 1128 rolls so far this is the best one I got.
Lol, you're so close and so far away from winning $200 at the same time... I can't find screenshot right now, but one I rolled 0000...

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March 06, 2019, 01:32:25 AM
 #8295


Lol, you're so close and so far away from winning $200 at the same time... I can't find screenshot right now, but one I rolled 0000...

I got it too and also 9999




...from the Multiplier :c
TheQuin
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March 06, 2019, 08:35:47 AM
 #8296

Anyway, I got this impression that new UI tests where performed, before actual change happens.

Yes. The web designer is still testing. There's not anything new on it, just an updated look with more information.

They had a few problems making it work on mobile but it is done now.



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March 07, 2019, 03:57:41 AM
 #8297

Well I feel jipped. I lost > 5btc within 20 seconds!

How is it possible that I lost more than 20 straight dice rolls in a row ~2.18 odds (increase bet by 100% on loss and starting at 0.00000001btc bet).

The odds are pretty damn ridiculous not to win one game within the 20 straight rolls with those odds but it happened.. WTFFFFFFFFFFFFFFFFFFFF NOT HAPPY!
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March 07, 2019, 04:11:26 AM
 #8298

Well I feel jipped. I lost > 5btc within 20 seconds!

How is it possible that I lost more than 20 straight dice rolls in a row ~2.18 odds (increase bet by 100% on loss and starting at 0.00000001btc bet).

The odds are pretty damn ridiculous not to win one game within the 20 straight rolls with those odds but it happened.. WTFFFFFFFFFFFFFFFFFFFF NOT HAPPY!

In a series of 50,000 bets the chances of getting a losing streak of 20 at 2.18x are 20.8%. We get about 70 million rolls a day so someone probably got a far worse streak than you.

http://completecurrencytrader.com/streak-probability-calculator.php#book_wrap



sebzak
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March 07, 2019, 04:12:31 AM
 #8299

This is the only faucet site I'm using. Already got about 30$. Cool

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March 07, 2019, 10:53:51 AM
 #8300

Well I feel jipped. I lost > 5btc within 20 seconds!

How is it possible that I lost more than 20 straight dice rolls in a row ~2.18 odds (increase bet by 100% on loss and starting at 0.00000001btc bet).

The odds are pretty damn ridiculous not to win one game within the 20 straight rolls with those odds but it happened.. WTFFFFFFFFFFFFFFFFFFFF NOT HAPPY!

In a series of 50,000 bets the chances of getting a losing streak of 20 at 2.18x are 20.8%. We get about 70 million rolls a day so someone probably got a far worse streak than you.

http://completecurrencytrader.com/streak-probability-calculator.php#book_wrap
https://i.snag.gy/1kXK4i.jpg



didn't think of it in that perspective... thanks. Still hurts though
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