TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 04, 2018, 11:13:07 AM |
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or something else?
To incentivise people to advertise their referral links where they might find gamblers. The objective is to simply increase turnover just as it would be for any type of business. Individual outcomes don't matter, some win and some lose, but statistically, a higher turnover equates to higher gross income.
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Real14Hero
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 04, 2018, 01:06:24 PM |
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We have increased the MULTIPLY BTC commissions from 0.25% to 0.40% of the amount that your referral wagers! Refer more users to play MULTIPLY BTC and start earning big!
Interesting for those who have referred big players I dont think there are much big players on the site. How ever I agree that there are a "lot" of small players. So a person needs to invite more in quantity as compared to quality in order to generate profit as no whales will be interested to come here with 5% house edge because they can already find much lower house edge in other gambling sites.
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jackg
Copper Member
Legendary
Offline
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
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July 04, 2018, 03:22:56 PM |
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@theQuin, for the site improements wetsuit wanted, could you add statistics timeframes for a certain period of time (like: today, this week, this month and all time maybe)? Just so we can see stats based on that period for wagering and lottery tickets etc.
What statistics do you have in mind? If you give me a bit more detail and I'll be happy to ask wetsuit to consider it. I mean like the current statistics we have already but for a set period of time. As currently my account statistics range from 2015 to now, instead of being able to get monthly/weekly and yearly data on wagering amounts, wagering wins, free rolls, lottery tickets. etc. I think it is hard for them to inplement this kind of thing, may be they can make it that simple like current wagered or may be lifetime wagered. To ask them get weekly or monthly data on wagering for everyone must be really hard. And btw they already have put lottery tickets weekly so there is no need for that. If you want that so bad, maya be you can ask wetsuit is to send the details towards your email That was another thing, @thequin, is there any chance you can make the lottery files into a csv file instead of how it currently is because my computer can't parse them that well (or is there a way to import them into excel so they get read like a spreadsheet with || and | instead of , and /n)? (/n is a newline) We have increased the MULTIPLY BTC commissions from 0.25% to 0.40% of the amount that your referral wagers! Refer more users to play MULTIPLY BTC and start earning big!
Interesting for those who have referred big players I dont think there are much big players on the site. How ever I agree that there are a "lot" of small players. So a person needs to invite more in quantity as compared to quality in order to generate profit as no whales will be interested to come here with 5% house edge because they can already find much lower house edge in other gambling sites. 5% isn't really that huge though. I mean it is quite rediculously high and 0.5% is better but all the sites with 0.5% house edges take investors and they don't give out stable commision, sometimes you earn, sometimes you lose it's just the luck of the draw. Some people would probably play this site because they're less likely to win so when they do win it is worth more because the chance of them winnng is so much lower.
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TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 04, 2018, 03:41:02 PM |
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That was another thing, @thequin, is there any chance you can make the lottery files into a csv file instead of how it currently is because my computer can't parse them that well (or is there a way to import them into excel so they get read like a spreadsheet with || and | instead of , and /n)? (/n is a newline)
Yes, you can open them in Excel as a txt file and the import wizard should start. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.snag.gy%2FBjYMy0.jpg&t=665&c=kEjsP9pGVDlBWQ) Then select other separator and type in | ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.snag.gy%2Fp5LHCD.jpg&t=665&c=HHZ_oqf2f68CKw)
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broke_tradah
Jr. Member
Offline
Activity: 350
Merit: 6
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July 04, 2018, 04:09:19 PM Last edit: July 04, 2018, 04:22:07 PM by broke_tradah |
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We have increased the MULTIPLY BTC commissions from 0.25% to 0.40% of the amount that your referral wagers! Refer more users to play MULTIPLY BTC and start earning big!
This means that users will be earning almost two times more from referrals. Great news for those who have managed to invite many people to the site with their referral link. As I can see from the site stats, 9 affiliates have earned over 10 BTC each, which is very impressive. What remains mystery to me is how it is possible to refer 105,886 users to the site? That's what the number one affiliate had managed to accomplish earning 25.74807777 BTC in commissions. And another thing which is equally impressive is that someone has earned 16.55070954 BTC with only 2 users referred. I myself have no referrals so far, but I think this is something which definitely should be considered. No, that is not how much we have earned. Thats how much the idiots betting have wagered (and more than likely lost). For example I am in the top 10 with 7BTC for referrals and have made about whole whopping 10Mil sat's or so. Thats a far cry from 7BTC. LMFAO. some win and some lose
Another grossly underestimatd statement. It's more like very few win, pretty much everyone else loses because of the super high house edge, players simply cannot win for any sustained period longer than 1 SUPER lucky 47.5 roll. Outside of that, they all pretty much lose. We have increased the MULTIPLY BTC commissions from 0.25% to 0.40% of the amount that your referral wagers! Refer more users to play MULTIPLY BTC and start earning big!
Interesting for those who have referred big players I dont think there are much big players on the site. How ever I agree that there are a "lot" of small players. So a person needs to invite more in quantity as compared to quality in order to generate profit as no whales will be interested to come here with 5% house edge because they can already find much lower house edge in other gambling sites. This guy is 100% correct. No whale is ever going to give freebitco the light of day because they know it's not worth the risk. Smaller players dont realize that 5% is ubsurdly high and gives them next to no chance to win anything of any substance. Anyone betting on freebitco is a complete idiot. But hey there are LOTS of idiots out there and I aim to capitalize on them all just like freebitco is doing. Some people would probably play this site because they're less likely to win so when they do win it is worth more because the chance of them winnng is so much lower.
How does this make any sense? The chance of them winning is LOWER for THE SAME or LESS amount. I dont follow. Are you confused how house edges work? If I bet 47.5 here and win, I would get the same as if I bet somewhere else with 47.5 regardless of how high/low the house edge is. Therefore I'd only bet someplace where I can bet at 50% and win exactly 2x. If I did that at freebitco, I'd get LESS than 2x. So your logic is supremely flawed, and YES there are 0% house edges out there for Dice games. we've already covered that topic and there is a list of them in the thread history.
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Watch me rape Freebitco.in 24x7 with my gambling bot (you can to) here: https://dlive.tv/btctrading I also do some trading there as well.
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Real14Hero
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 04, 2018, 05:24:35 PM |
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We have increased the MULTIPLY BTC commissions from 0.25% to 0.40% of the amount that your referral wagers! Refer more users to play MULTIPLY BTC and start earning big!
Interesting for those who have referred big players I dont think there are much big players on the site. How ever I agree that there are a "lot" of small players. So a person needs to invite more in quantity as compared to quality in order to generate profit as no whales will be interested to come here with 5% house edge because they can already find much lower house edge in other gambling sites. This guy is 100% correct. No whale is ever going to give freebitco the light of day because they know it's not worth the risk. Smaller players dont realize that 5% is ubsurdly high and gives them next to no chance to win anything of any substance. Anyone betting on freebitco is a complete idiot. But hey there are LOTS of idiots out there and I aim to capitalize on them all just like freebitco is doing. However you must also realize yhe fact that if you count the lottery tickets being awarded to you and the rewards points as net profit then the house edge reduces by a pwrcent or two ( forgot the exact value) but still a 3% house edge is also a lot as compared to other reputed dice sites.
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ACHANCE
Newbie
Offline
Activity: 112
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 04, 2018, 05:28:32 PM |
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REALY CAN EARN FREE BTC AND THE SITE WILL ASK FOR JOINING AND PAY OUT FEE
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poptok1
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 04, 2018, 05:46:22 PM |
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@theQuin, for the site improements wetsuit wanted, could you add statistics timeframes for a certain period of time (like: today, this week, this month and all time maybe)? Just so we can see stats based on that period for wagering and lottery tickets etc.
What statistics do you have in mind? If you give me a bit more detail and I'll be happy to ask wetsuit to consider it. Where more stats are always good thing to have, there we(me) could really appreciate some additional way for utilizing reward points. I have this idea of making users be able to buy referrals with reward points. There are two approaches, one could be that only active referral players can be bought (no gambling), the other obviously with gambling aspect, active and inactive refs ready for purchase. The balance conundrum; ❤ 5 packages with different amount of refs inside. 2,5,10,20,50 refs. (no idea about the package prizing) ❤ Only one "pack with refs" can be bought per week. ❤ Option to steal referrals from other users. ❤ Insurance against ref theft, to equalize chances - 1RP per 1 referral someone has. (example: I have 10 refs, my insurance costs me 10RP per week). ❤ five hearts for freebitco ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Real14Hero
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 04, 2018, 05:51:46 PM |
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REALY CAN EARN FREE BTC AND THE SITE WILL ASK FOR JOINING AND PAY OUT FEE
You cant earn much here, but it surely can pay you out enough to see some millibits to just experience a thing called bitcoin. Or if you are really lucky it can also payout. good amounts.
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TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 05:47:01 AM |
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Where more stats are always good thing to have, there we(me) could really appreciate some additional way for utilizing reward points. I have this idea of making users be able to buy referrals with reward points. There are two approaches, one could be that only active referral players can be bought (no gambling), the other obviously with gambling aspect, active and inactive refs ready for purchase. The balance conundrum; ❤ 5 packages with different amount of refs inside. 2,5,10,20,50 refs. (no idea about the package prizing) ❤ Only one "pack with refs" can be bought per week. ❤ Option to steal referrals from other users. ❤ Insurance against ref theft, to equalize chances - 1RP per 1 referral someone has. (example: I have 10 refs, my insurance costs me 10RP per week). ❤ five hearts for freebitco ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The problem with selling referrals is that there is no guarantee that they will continue playing. We would just get endless complaints.
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andreijoaquin
Jr. Member
Offline
Activity: 173
Merit: 4
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July 05, 2018, 06:04:06 AM |
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I've been playing freebitco.in for almost a year now and I feel bad about the redemption of bonuses. I hope the discretion will be remove because those bonuses really helps me to earn from faucet claims.
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TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 06:05:43 AM |
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I've been playing freebitco.in for almost a year now and I feel bad about the redemption of bonuses. I hope the discretion will be remove because those bonuses really helps me to earn from faucet claims.
The best bonuses are available to those customers that deposit and play.
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Kakmakr
Legendary
Offline
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 07:28:08 AM |
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We have increased the MULTIPLY BTC commissions from 0.25% to 0.40% of the amount that your referral wagers! Refer more users to play MULTIPLY BTC and start earning big!
Interesting for those who have referred big players I dont think there are much big players on the site. How ever I agree that there are a "lot" of small players. So a person needs to invite more in quantity as compared to quality in order to generate profit as no whales will be interested to come here with 5% house edge because they can already find much lower house edge in other gambling sites. I beg to differ, because you will have to look at the bigger picture, before you judge the site. They might have a 5% house edge, but if you know how to fully utilize the site, that might be much lower. Let me explain : You can open a second account for your spouse for instance and then link that as a referral to your "Whale" account. <Just verify it and link it to a separate mobile phone> This is allowed, if you do it correctly. This allows your spouse ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) to get 50% of whatever you win in addition to getting free lottery tickets every time you play. <Now suddenly the % goes a bit lower, because you legally gamed the system> The Whale also receive reward points and this puts money back into his/her pocket over time. <When they qualify for these rewards> Lastly, the deposits receive a 4% interest daily, so the Whale might not even have to gamble with his/her own money and just be playing with the interest. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) There is so much more to this site than what most people see. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Pursuer
Legendary
Offline
Activity: 1638
Merit: 1163
Where is my ring of blades...
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 08:39:57 AM |
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We have increased the MULTIPLY BTC commissions from 0.25% to 0.40% of the amount that your referral wagers! Refer more users to play MULTIPLY BTC and start earning big!
Interesting for those who have referred big players I dont think there are much big players on the site. How ever I agree that there are a "lot" of small players. So a person needs to invite more in quantity as compared to quality in order to generate profit as no whales will be interested to come here with 5% house edge because they can already find much lower house edge in other gambling sites. 5% isn't really that huge though. I mean it is quite rediculously high and 0.5% is better but all the sites with 0.5% house edges take investors and they don't give out stable commision, sometimes you earn, sometimes you lose it's just the luck of the draw. Some people would probably play this site because they're less likely to win so when they do win it is worth more because the chance of them winnng is so much lower. I disagree. it is not about the number. it may as well be 2% or 1.5% or even possibly be 1.1% and doesn't make a difference. when people want to choose where to go they compare these services (in this case a dice site for gambling) and it is a competition. when one site offers 1% and the other 0.5% and the other 5% people will choose the one with lowest house edge not the highest. there are good incentives on this site in my opinion such as the lottery (both free tickets and ability to buy), rewards you get which you can use in many ways, profit from your investment which is 100% guaranteed not like investment in gambling sites that depends on players losing/wining, free rolls, .... but these are good for a different kind of user, in the end if you want to attract gamblers you need lower house edge.
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Only Bitcoin
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TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 08:46:59 AM |
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I disagree. it is not about the number. it may as well be 2% or 1.5% or even possibly be 1.1% and doesn't make a difference. when people want to choose where to go they compare these services (in this case a dice site for gambling) and it is a competition. when one site offers 1% and the other 0.5% and the other 5% people will choose the one with lowest house edge not the highest.
there are good incentives on this site in my opinion such as the lottery (both free tickets and ability to buy), rewards you get which you can use in many ways, profit from your investment which is 100% guaranteed not like investment in gambling sites that depends on players losing/wining, free rolls, .... but these are good for a different kind of user, in the end if you want to attract gamblers you need lower house edge.
I'm not so sure that holds true for an audience wider than the gambling board of this forum. If you look at other sites with other games plenty of people prefer to play roulette at 2.7% than dice at 1%. If you look at traditional fiat gambling sites they don't compete with each other on house edge they do it with promotions and giveaways. Our turnover is up there with or above other dice sites, so that tends to point at this strategy working.
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Betwrong
Legendary
Offline
Activity: 3374
Merit: 2204
I stand with Ukraine.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 09:47:03 AM |
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Where more stats are always good thing to have, there we(me) could really appreciate some additional way for utilizing reward points. I have this idea of making users be able to buy referrals with reward points. There are two approaches, one could be that only active referral players can be bought (no gambling), the other obviously with gambling aspect, active and inactive refs ready for purchase. The balance conundrum; ❤ 5 packages with different amount of refs inside. 2,5,10,20,50 refs. (no idea about the package prizing) ❤ Only one "pack with refs" can be bought per week. ❤ Option to steal referrals from other users. ❤ Insurance against ref theft, to equalize chances - 1RP per 1 referral someone has. (example: I have 10 refs, my insurance costs me 10RP per week). ❤ five hearts for freebitco ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The problem with selling referrals is that there is no guarantee that they will continue playing. We would just get endless complaints. As a long time user of FreeBitco.in I like poptok1's suggestion very much. I already want to buy some referrals with my reward points. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) To avoid the complaints you've mentioned it should be pre-conditioned that there is no guarantee that referrals you are going to buy will continue playing after the purchase. I personally would buy them anyway because I've never had any referrals and it's very interesting to me to try what it's like to have them.
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TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 09:52:23 AM |
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As a long time user of FreeBitco.in I like poptok1's suggestion very much. I already want to buy some referrals with my reward points. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) To avoid the complaints you've mentioned it should be pre-conditioned that there is no guarantee that referrals you are going to buy will continue playing after the purchase. I personally would buy them anyway because I've never had any referrals and it's very interesting to me to try what it's like to have them. You can give all the warnings you like but if someone buys something and it stops working the next day they are going to complain like mad. I played a game years ago that you could buy and sell referrals and it was absolute mayhem. This just isn't going to ever work.
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TheGreatPython
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July 05, 2018, 10:37:35 AM |
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Lol I never saw an owner of a casino letting the gamblers know he will be on vacation and contact his replacement. This website is so cool man. I literally imagine guys who run this website is just dudes like us who sit in front of their pc and run it instead of some guys wearing suits and having meetings and write some stuff on whiteboards and all that corporate jazz Thats a huge plus for me.
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jackg
Copper Member
Legendary
Offline
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 03:36:23 PM |
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Lol I never saw an owner of a casino letting the gamblers know he will be on vacation and contact his replacement. This website is so cool man. I literally imagine guys who run this website is just dudes like us who sit in front of their pc and run it instead of some guys wearing suits and having meetings and write some stuff on whiteboards and all that corporate jazz Thats a huge plus for me.
Erm what? TheQuin had to say he was going on vacation otherwise someone would probably be petty enough to neg him (there's a lot of people who don't like this site). Also, his replacement is the site owner.
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TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2018, 03:42:37 PM |
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Also, his replacement is the site owner.
I was enjoying the lolz on my new found status there. I knew someone would ruin it. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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