FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest

[deisik]

There is no chain of reaction on betting. Each bet is individual which something gamblers try to deny as hard as possible. 8888 is 1 in 10000 chance of hitting, it is 1 in chance of hitting on your first ever bet and on your 10000th bet it is still 1 in 10000 chance. There is no chain betting that will allow you to finally hit that. You can hit 8888 on your first ever bet or you may not hit it on your 100kth bet.

There is no way of playing long enough to eventually hit it. However, the only reason people think its possible is that if you play long enough you create yourself more 1 in 10000 chances than just one. Same applies to people who gamble martingale for example, they think they can't lose 10 times in a row but your 10th loss is actually still %50 loss chance and not lower.

Do math, not meth

The longer you play, the higher are your chances to eventually hit the jackpot, even if the outcomes of individual rolls are independent of each other. It is the same with martingale, i.e. the longer you play, the sooner you will hit a losing streak that will wipe away your account (actually, not sooner but you get the point). Otherwise it wouldn't be a losing strategy, as simple as it gets. But that's not the point here. If you had been using FreeBitco.in long enough, you would have known that your chances of hitting 8888 may be a little bit different from 1:10000

[1715132989]

1715132989

[TheQuin]

If you had been using FreeBitco.in long enough, you would have known that your chances of hitting 8888 may be a little bit different from 1:10000

That is simply untrue.

[deisik]

If you had been using FreeBitco.in long enough, you would have known that your chances of hitting 8888 may be a little bit different from 1:10000

That is simply untrue

Strictly speaking, I don't know about the jackpot

And when I was playing at FreeDoge I didn't notice any discrepancies or inconsistencies in this regard, so it may well be the same with FreeBitco. But I remember discussion in this very thread a couple years ago when people calculated the chances of hitting high numbers and they were far from what you would expect out of a uniform distribution

In other words, your odds of hitting 10000 are far from being 1:10000 (as you would intuitively expect). I rolled a zillion times myself and never hit the two highest numbers. So, you know, you wouldn't actually be surprised to see something like that with the jackpot as well. If anyone wants to check how things really are, you are welcome

[TheQuin]

In other words, your odds of hitting 10000 are far from being 1:10000 (as you would intuitively expect). I rolled a zillion times myself and never hit the two highest numbers. So, you know, you wouldn't actually be surprised to see something like that with the jackpot as well. If anyone wants to check how things really are, you are welcome

The odds of hitting 10000 are actually 20000:1 due to rounding. The possible outcomes are not 1 to 10000 they are 0 to 10000 with 0 and 10000 having half the chance being rolled than all the other numbers. Have a look at the how the rolls are calculated section on the provably fair tab.
As for the endless discussions from people saying it can't be fair because they didn't roll it in xxx attempts, that is just crying about variance.

[slaman29]

This is classic and I bet you a lot of people have experienced the same thing before. I usually configure a auto bet configuration, but the added cost to add the jackpots will clean you out in a matter of minutes if you not careful.

This is why I want Wetsuit to add a feature to separate your investment and gambling budget from your total bitcoins on the site. <To prevent you from accidently using those funds, but I guess he knows this happens and he has no problems with that.>  

Haha, I'm not surprised! And the chances of striking a 8,888 is pretty much like 1 in a million. Even rarer than those bet IDs ending with postfixes/ prefixes.

That's a great idea, let's see what Quin says about this. But still, there are those who get triggered during a losing streak and immediately withdraw their investment funds

Really? I thought the chances for the jackpot hit is 1 in 10,000? Because isn't that just the only requirement, to hit 8888? I've seen plenty of 7777... although, come to think of it, I don't recall ever hitting any of the big bonuses in freerolls, when the 9995 and above should really mean 5 in 10,000 or 1 in 2000 or do the freeroll odds play differently? Just never thought about it actually!

Edge only matters in Multiply, not jackpot or freeroll right?

Edit: just saw the reply above mine. So now I know, 1 in 20,000. Seems okay

[deisik]

In other words, your odds of hitting 10000 are far from being 1:10000 (as you would intuitively expect). I rolled a zillion times myself and never hit the two highest numbers. So, you know, you wouldn't actually be surprised to see something like that with the jackpot as well. If anyone wants to check how things really are, you are welcome

The odds of hitting 10000 are actually 20000:1 due to rounding. The possible outcomes are not 1 to 10000 they are 0 to 10000 with 0 and 10000 having half the chance being rolled than all the other numbers. Have a look at the how the rolls are calculated section on the provably fair tab.
As for the endless discussions from people saying it can't be fair because they didn't roll it in xxx attempts, that is just crying about variance

I actually hit 0 once

But I didn't hit 10k or the second best tier ever. I'm not crying as I don't roll as often as I used to a few years ago. All in all, it can be said that I don't particularly care. Just in case, when people discussed this issue in the past, it didn't look like they were crying either. And I don't remember wetsuit coming up with a rebuttal or anything to that tune, so it was kinda accepted. Anyway, if anyone is curious beyond just idle talk, the thread is not self-moderated, thus you can find all the relevant posts on this topic here

[Betwrong]

For example, your 0.3 btc / 30 mil satoshi, say you are betting on 0.4% win chance or 237.50 odd. How big was the losing you've got at the time you were bursted? if you were able to scale this amount to withstand around 2800 losing streak, it is likely you would win in between

I've written about that above

To repeat, you either earn dust with losing streaks that are too long or end up burst pretty soon. I guess with 0.4% win chance and a losing streak of 2800, it would be equal to a win chance of 0.4x100=40% and a losing streak of 2800/100=28 rolls. But 28 losing rolls is not worth the risk as at any point you risk your whole amount while earning only dust when you win. Basically, no matter how you tweak the odds and amounts, it can always be reduced to these simple numbers (to make things easier to understand)

I agree with your calculations. Personally, I see it exactly like this. If you have, say, 0.01 on your balance, you can bet it all at once with 94.06% win chance and get 0.0001 in the case of winning(on a dice site with house edge as it is on Freebitco.in). Or you can do classic martingale with 1 satoshi as initial bet and you'll get approximately 0.0001 in profit after 100,000 rolls or so, but your chances of succeeding in that are exactly the same as with betting 0.01 at once with 94.06% win chance.

[ralle14]

To get the Jackpot 08888 is not difficult as long as you want to try it on each account.
In a way :
1. Deposit the 30K satosi balance
2. Play multiply by copying the Jackpot table
3, If 3 x of the game has not been obtained, then move the balance to the next account.

And in this way, 95% succeed, unless (TheQuin) considers it a cheating game. and what happens is the account will be blocked

The odds for you to win the jackpot will always remain the same which is 1:10000 cmiiw. Changing accounts won't increase your chances of winning if hitting the jackpot was that easy then the site would've lost a lot of money by now. And multi accounting is not allowed (it's stated in their terms) they're mostly used to abuse the site.

[deisik]

To get the Jackpot 08888 is not difficult as long as you want to try it on each account.
In a way :
1. Deposit the 30K satosi balance
2. Play multiply by copying the Jackpot table
3, If 3 x of the game has not been obtained, then move the balance to the next account.

And in this way, 95% succeed, unless (TheQuin) considers it a cheating game. and what happens is the account will be blocked

The odds for you to win the jackpot will always remain the same which is 1:10000 cmiiw. Changing accounts won't increase your chances of winning if hitting the jackpot was that easy then the site would've lost a lot of money by now. And multi accounting is not allowed (it's stated in their terms) they're mostly used to abuse the site

While changing accounts won't increase your chances, it can help increase your betting speeds if you are auto-betting. I mean running a few sessions in parallel. Why you would ever need that I don't know (perhaps, for more reward points or maybe something else). On the other hand, if you have access to a number of white IP addresses, you can hunt for higher tiers apart from taking what you receive from free rolls anyway. To everyone, I'm in no way and in no case endorsing such practices

They are discussed here for informational and educational purposes only

[Avirunes]

To get the Jackpot 08888 is not difficult as long as you want to try it on each account.
In a way :
1. Deposit the 30K satosi balance
2. Play multiply by copying the Jackpot table
3, If 3 x of the game has not been obtained, then move the balance to the next account.

And in this way, 95% succeed, unless (TheQuin) considers it a cheating game. and what happens is the account will be blocked

The odds for you to win the jackpot will always remain the same which is 1:10000 cmiiw. Changing accounts won't increase your chances of winning if hitting the jackpot was that easy then the site would've lost a lot of money by now. And multi accounting is not allowed (it's stated in their terms) they're mostly used to abuse the site.

The only way I can think of abusing the site is by claiming faucet from multiple accounts. Just curious if it still applies for a person who is paying with his deposit balance and playing for jackpot hits from multiple accounts? (Just wondering..)

[Lassie]

To get the Jackpot 08888 is not difficult as long as you want to try it on each account.
In a way :
1. Deposit the 30K satosi balance
2. Play multiply by copying the Jackpot table
3, If 3 x of the game has not been obtained, then move the balance to the next account.

And in this way, 95% succeed, unless (TheQuin) considers it a cheating game. and what happens is the account will be blocked

The odds for you to win the jackpot will always remain the same which is 1:10000 cmiiw. Changing accounts won't increase your chances of winning if hitting the jackpot was that easy then the site would've lost a lot of money by now. And multi accounting is not allowed (it's stated in their terms) they're mostly used to abuse the site.

The only way I can think of abusing the site is by claiming faucet from multiple accounts. Just curious if it still applies for a person who is paying with his deposit balance and playing for jackpot hits from multiple accounts? (Just wondering..)

I doublt someone will do change their IP address everytime he/she wants to claim the faucet coz claiming from it is only once every 60mins from the same IP. It would be a waste of time changing from one IP to another just for few satoshis

[Sines1991]

Why is everyone so hard you discuss the question about the martingale system, but no one can see that the site freebitco.in particular Mr. TheQuin, was stolen from me about 3 BTC? Is everyone believes that it is correct to steal deposits from a user who has several accounts, but who has not suffered any losses or freebitco site.in no particular Mr. TheQuin? Really it is impossible in this situation to solve a problem that to both parties it was good. Return at least 50% of the deposits, and leave the rest to the site freebitco.in for further development. I want to hear your opinion!!! Speak out on this situation

It is an open forum and they discuss what interests them. You've already been told countless times and heard people's opinions. Nobody thinks that if someone loses at gambling they are entitled to cheat the casino in return. I didn't steal anything from you, I caught you cheating free-rolls and referral income. Nobody thinks cheats are entitled to a refund. I can assure you no cheat that got away with a profit ever refunded anything to us.

What I lost, I'm not asking you to give me back. I ask you to return what is left of my deposits.

[broke_tradah]

What I lost, I'm not asking you to give me back. I ask you to return what is left of my deposits.

LMFAO,  in bitcoin there is no such thing as "My deposits" unless it uses multisig.  Get lost kid.  Not your keys,  not your bitcoin.  Simple.  If you dont believe in that idea,  go use a site that uses multisig with 3rd or more party arbiters (if you find one let me know).

[Kevin77]

I feel like gambling for the jackpot is really not that worthy, after all it all depends on the jackpot multiplier you pay, you can pay 2 satoshi or you can pay 0.000125 bitcoin for jackpot and no matter which one you do in the end the cost would be higher than the effort, if you play 2 satoshi and try to hit it, even if that 1 in 10000 comes in at around 10kth mark that means you must have spent 20k satoshi to get there whereas you get like 10k satoshi in return only.

It means if you want to profit from this you need to be so lucky that something that is one in ten thousand chance should happen before five thousand bets are over. Hence I think playing regular hi and lo without adding jackpot is much more fun to me, I do not add extra loss to the account which allows me to win or lose with a better odd betting.

[deisik]

It means if you want to profit from this you need to be so lucky that something that is one in ten thousand chance should happen before five thousand bets are over. Hence I think playing regular hi and lo without adding jackpot is much more fun to me, I do not add extra loss to the account which allows me to win or lose with a better odd betting

The current jackpot is likely an artifact from the jackpot contest that seems to have been removed

I don't know if this contest was ever available on FreeBitco.in but on FreeDoge.co.in you could participate in the jackpot contest where you rolled for the jackpot against other players. For example, if you participated in it and hit the jackpot (08888), you were given the whole amount paid by other contest participants in this round. I don't know why the show was canceled but with it the jackpot made sense playing

[r3db0ne]

Ahhh! first site I used to trial out the gambling..
Took a decent amount from me.

Was always amazed at how some users had < 100 lottery tickets and won the bigger > 1btc prize!

Even beating all the other user with millions of 'lottery tickets' lol.

It was fun though.

[Hlavson]

How much is reward lowered when playing FREE BTC? I have done about 50 rolls and reward is now 50 SAT. At the beginning was 58.
Also my friend was able to achieve 2-5% bonus with every lottery ticket, but for me one ticket is about 0,01%. Can someone explain this system?

[TSDW85]

How much is reward lowered when playing FREE BTC? I have done about 50 rolls and reward is now 50 SAT. At the beginning was 58.
Also my friend was able to achieve 2-5% bonus with every lottery ticket, but for me one ticket is about 0,01%. Can someone explain this system?

The free roll is tied to the USD value of BTC, the top free roll lucky number payout (hitting lucky number 10000) is always valued at USD $200, and the tiers of payout scale accordingly: USD $20, USD $2, USD $0.20, and so on.  The value of BTC changing is what turned the lowest payout from 58 satoshi to 50 satoshi.

As for the bonus, don't even bother going there, it's not worth it.

[TheQuin]

How much is reward lowered when playing FREE BTC? I have done about 50 rolls and reward is now 50 SAT. At the beginning was 58.
Also my friend was able to achieve 2-5% bonus with every lottery ticket, but for me one ticket is about 0,01%. Can someone explain this system?

The full base reward is the Bitcoin equivalent of $0.002. After being given a chance to build a roll history accounts that do not meet balance and/or wagering requirement gradually have their base reward lowered until it reaches 33.5% of full base reward. If you don't want to gamble you can keep a balance above $50 to receive the full base reward.
The percentage towards the next Free BTC bonus is calculated on a ratio of wagered amount against free winnings so you must have won a lot more from free-rolls than your friend has.

What I lost, I'm not asking you to give me back. I ask you to return what is left of my deposits.

That is correct. You were not asking for it back you were trying to steal it back by abusing the faucet and referral program.

[Hlavson]

The full base reward is the Bitcoin equivalent of $0.002. After being given a chance to build a roll history accounts that do not meet balance and/or wagering requirement gradually have their base reward lowered until it reaches 33.5% of full base reward. If you don't want to gamble you can keep a balance above $50 to receive the full base reward.
The percentage towards the next Free BTC bonus is calculated on a ratio of wagered amount against free winnings so you must have won a lot more from free-rolls than your friend has.

Thank you for explanation. Is there any requirement how funds have to be earned? If i can reach $50 with referrals and free rolls only, the bonus reward will be activated? I am just curious why such important information about full bonus reward after reaching $50 is not on the site.