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Join the world-leading crypto sportsbook NOW!
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August 18, 2018, 09:07:12 AM |
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This is a wonderful platform to get Bitcoin, however, the chances of getting something tangible is very low. Secondly, you can spend the entire day and end up making nothing. I have tried it.
Overall, it is still a legit site that have been operating for many years and it offers everyone a chance to get some free bitcoin from the site, it is not surprising to see that you have ended up making almost nothing from the site in an entire day, as I believe there are quite a number of members who have used this site for a long time and most of them did not manage to hit the big prizes from the free roll given out per hour yet, but there is still hope in every free roll, and I really like the lottery draw on this site too as it allows members to stand a chance to win some big prizes with the free lottery tickets given out for every free roll that the users claim. |
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BTCevo
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August 18, 2018, 01:28:45 PM |
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A friend of mine wants to start with Bitcoin, but he currently has no money to buy. I am now looking for ways to make it easy for him to start and to find opportunities to earn a few Satoshis. I came across FreeBitco.in. How much can you currently earn there? How much Satoshis do you get per request? And where is the payout limit? Is it recommended for beginners?
Yes, I believe everyone always start from this point when they do not know anything about crypto. This is the best way to earn some amount for free, so I can say you are already in a right path by telling him this. But of course new account will have this very little amount to claim per hour. If he can afford to losr his time just by claiming it them go for it but if not, may be you shoulf ask him to wagered some amount to increase his claim though |
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TheQuin
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August 18, 2018, 01:33:47 PM |
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Yes, I believe everyone always start from this point when they do not know anything about crypto. This is the best way to earn some amount for free, so I can say you are already in a right path by telling him this. But of course new account will have this very little amount to claim per hour. If he can afford to losr his time just by claiming it them go for it but if not, may be you shoulf ask him to wagered some amount to increase his claim though
Right on schedule, it is BTCevo's regular weekly signature spam post saying absolutely nothing in barely legible English. |
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jackg
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https://bit.ly/387FXHi lightning theory
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August 18, 2018, 03:02:09 PM |
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Right on schedule, it is BTCevo's regular weekly signature spam post saying absolutely nothing in barely legible English.
It does look like he's more supportive of it now though (in comparison to not asking people to wager). And sure, wagering/using the lottery with free btc winings is a good way to go and also gaining enough reward points to start earning on those too. Once the friend gets into bitcoin more he can then come back and wager more or get interest on his earnings.
@BitcoinArsenal once he gets familiar with bitcoin and how it works, you could always look to sending him some of your bitcoin if you have some you can spare on him (maybe as a birthday/christmas present). |
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Kprawn
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August 19, 2018, 01:51:44 PM |
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Looks like we are going to see a repeat of last weeks draw result, with the total amount of tickets for the Lottery at a mind boggling 1,163,352,553 tickets once again and also a first prize of BTC2.59694688. I think, I am going to stop using my interest to buy Lottery tickets until Wetsuit figured out how to stop these bots from "cheating" in the Lottery. Well, cheating might be a little harsh, but you get what I am saying.  |
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TheQuin
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August 19, 2018, 02:00:05 PM |
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Looks like we are going to see a repeat of last weeks draw result, with the total amount of tickets for the Lottery at a mind
boggling 1,163,352,553 tickets once again and also a first prize of BTC2.59694688.
I think it'll be a little lower than last weeks 1.3 Billion. One of the things we introduced stopped some of them but not enough. We've got other things we're working on but wetsuit has been away the last 2 weeks so it is difficult to implement them. I think, I am going to stop using my
interest to buy Lottery tickets until Wetsuit figured out how to stop these bots from "cheating" in the Lottery. Well, cheating
might be a little harsh, but you get what I am saying.
It's not that they're cheating the lottery, it is that they are cheating the faucet to buy the lottery tickets. |
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babygun
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August 19, 2018, 02:00:24 PM |
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Looks like we are going to see a repeat of last weeks draw result, with the total amount of tickets for the Lottery at a mind boggling 1,163,352,553 tickets once again and also a first prize of BTC2.59694688. I think, I am going to stop using my interest to buy Lottery tickets until Wetsuit figured out how to stop these bots from "cheating" in the Lottery. Well, cheating might be a little harsh, but you get what I am saying. I think the high number of tickets has also something to do with the wagering contest. Because you get 1 free lottery ticket and 5 reward points for every 0.00000500 BTC you wager. |
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TheQuin
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August 19, 2018, 02:06:37 PM |
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I think the high number of tickets has also something to do with the wagering contest.
Because you get 1 free lottery ticket and 5 reward points for every 0.00000500 BTC you wager.
This isn't 100% accurate because the stats are to the end of Saturday but 7 days wagering volume was 1,185 BTC. That gives 237 million tickets and is a very small part of the 1.1 to 1.2 billion total. |
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jackg
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https://bit.ly/387FXHi lightning theory
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August 19, 2018, 02:10:15 PM |
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This isn't 100% accurate because the stats are to the end of Saturday but 7 days wagering volume was 1,185BTC. That gives 237 million tickets and is a very small part of the 1.1 to 1.2 billion total.
Is the rest mostly botnets or legitimate users or is it too hard to work out. I guess people can do the 1000 lottery tickets per roll reward and see if they get anywhere... |
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TheQuin
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August 19, 2018, 02:18:15 PM |
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Is the rest mostly botnets or legitimate users or is it too hard to work out.
I guess people can do the 1000 lottery tickets per roll reward and see if they get anywhere...
Too hard for me to work out as I only have a limited view of the stats. One way to get a guess would be to download the tickets file when it comes out and see all the accounts grouped together with almost the same number of tickets as they're likely to be botnets. My best guess is based on the fact there used to be 400 to 500 million tickets a week but now we're doing over a billion so I think 50% to 65% bots. We restricted the RP redemption for 1000 lottery tickets per roll because that's what they were doing a while ago but they've switched to buying them instead. wetsuit said they're even depositing and buying tickets with the deposit to get around all the restrictions. Maybe if they have some bad luck and don't win anything that'll make think about not doing it next week. |
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jackg
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Activity: 2856
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https://bit.ly/387FXHi lightning theory
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August 19, 2018, 03:01:36 PM |
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Too hard for me to work out as I only have a limited view of the stats. One way to get a guess would be to download the tickets file when it comes out and see all the accounts grouped together with almost the same number of tickets as they're likely to be botnets. My best guess is based on the fact there used to be 400 to 500 million tickets a week but now we're doing over a billion so I think 50% to 65% bots.
Maybe I'll make a graph out of that file and find out of they are all near each other or not (probably best). ... but they've switched to buying them instead. wetsuit said they're even depositing and buying tickets with the deposit to get around all the restrictions. Maybe if they have some bad luck and don't win anything that'll make think about not doing it next week.
Isn't that what you want, you're probably still then making a profit from them? Restrictions on that are going to be really difficult to do as it'll block out a lot of regular users already. |
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TheQuin
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August 19, 2018, 03:14:44 PM |
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Isn't that what you want, you're probably still then making a profit from them?
That's what I was thinking when wetsuit told me they started doing it. But the thing is we make a small loss on the lottery so it is +EV to them because of buying tickets with all the free-roll winnings. Restrictions on that are going to be really difficult to do as it'll block out a lot of regular users already.
We'll probably just have to make it -EV. |
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delay66rus
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August 19, 2018, 04:55:45 PM |
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you are making progress in fighting bots.
Last week there were 750,000 accounts in the lottery. today 650000
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TheQuin
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August 19, 2018, 05:13:20 PM |
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you are making progress in fighting bots.
Last week there were 750,000 accounts in the lottery. today 650000
Yeah, I'm doing the sums slightly differently but similar conclusion. I was initially disappointed that my idea wasn't more effective but when I think about the fact that they have actually started to pay to play I know we've got them on the back foot. |
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delay66rus
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August 19, 2018, 05:39:03 PM |
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the same bot has already taken 6 places
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TheQuin
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August 19, 2018, 05:40:25 PM |
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the same bot has already taken 6 places
Not as bad as the 8 they had last week. Also ties in with my 50 - 65% of the tickets estimate. |
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jackg
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Activity: 2856
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https://bit.ly/387FXHi lightning theory
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August 19, 2018, 05:50:11 PM |
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I made a scatter graph of the tickets but it doesn't give so much.  I'm trying to make a pie chart but it seems very resource intensive and will probably end in a similar thing. P.S. did wetsuit play this one, I'm sure it began with UID 5 on the sheet and that seems quite low for it to be another user. |
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TheQuin
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August 19, 2018, 05:53:25 PM |
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P.S. did wetsuit play this one, I'm sure it began with UID 5 on the sheet and that seems quite low for it to be another user.
wetsuit's UID is 4. Check the ref link in his signature! I made a scatter graph of the tickets but it doesn't give so much.
I'm not sure how to get the best out of it but UIDs close together with similar numbers of tickets (looks around 25k) is what to look for. |
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jackg
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Activity: 2856
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https://bit.ly/387FXHi lightning theory
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August 19, 2018, 05:57:08 PM |
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P.S. did wetsuit play this one, I'm sure it began with UID 5 on the sheet and that seems quite low for it to be another user.
wetsuit's UID is 4. Check the ref link in his signature! Does he not have 3, 2 & 1 (so he could technically have 5, I guessed it was a genuine user though). And the first one is 6... |
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TheQuin
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August 19, 2018, 05:58:33 PM |
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P.S. did wetsuit play this one, I'm sure it began with UID 5 on the sheet and that seems quite low for it to be another user.
wetsuit's UID is 4. Check the ref link in his signature! Does he not have 3, 2 & 1 (so he could technically have 5, I guessed it was a genuine user though). 1 would be root and 2 and 3 admin and/or testing. 5 was the first customer to sign up (I'm 178). |
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