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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 415720 times)
Rabbot
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May 23, 2019, 10:40:35 AM
 #9021

I am disappointed.

You already said many times. Not everyone is as miserable as you when they win.
Yes, because the result looks strange. Like for an 50/50 event. This type of betting seems completely useless.
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May 23, 2019, 10:54:54 AM
 #9022

Yes, because the result looks strange. Like for an 50/50 event. This type of betting seems completely useless.

You're not happy. We all heard you the first time.

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May 23, 2019, 02:19:39 PM
Last edit: May 23, 2019, 03:09:29 PM by STT
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 #9023

Emails are a system from about the 1960's     Its like a postcard, anyone can read it and anyone send you junk mail with made up details.      Mail can be intercepted en-route and sent to another party who wants to read all your email, I've read court cases where that was part of the details.   Obviously there has been times no one found out the email was redirected and duplicates made.   In that case it was between two opposing ISP owners and so fairly easy for him to alter the IP routing.

Anyone who wants to send securely should be using PGP signatures to ensure they are the person they say they are


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May 23, 2019, 05:18:59 PM
 #9024

I still can't believe they ended it in a such a horrible way, the writers (and directors at the same time) just wanted this to be done with so obviously that they literally just quickly ended it without really caring about it and it shows. Why did HBO allowed for something like this, why would they let the writers get away with such a hurried up job, there was so many things wrong and nobody really cared about this season at all, look at the starbucks cups (one the famous the second was under samwell tarly when tyrion first enters on the last episode).

This is really just a pure money grab move by HBO and the writers to make it end as quickly as possible and move on. I read on reddit a great idea like how Jon could have asked for a trial by combat with grey worm or anyone grey worm wanted and Jon could have gone free and since Grey Worm was considered a "bad man" by the end of it nobody would mind. Well, not much to do now, all hail bran the broken and I guess we gotta accept the loss on this bet  Cool.

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May 23, 2019, 08:41:21 PM
 #9025

Just curious on the betting option

Example
If I have a bet 3 days before the expiration with odds 1.2 and I bet, 1 BTC but over the time the will drop to 1.1  and I will win, my win will be ?


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May 24, 2019, 02:20:01 AM
 #9026

I am disappointed.

You already said many times. Not everyone is as miserable as you when they win.
Yes, because the result looks strange. Like for an 50/50 event. This type of betting seems completely useless.

The line on Bran closed @ 1.2 on Bovada as the final was leaked. Likely a lot of volume on FreeBitco.in betting on the leaked result and thus the odds went down.

Just curious on the betting option

Example
If I have a bet 3 days before the expiration with odds 1.2 and I bet, 1 BTC but over the time the will drop to 1.1  and I will win, my win will be ?

Probably something around 1.12 as you would have had a higher time multiplier.

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May 24, 2019, 04:28:42 AM
 #9027

The line on Bran closed @ 1.2 on Bovada as the final was leaked. Likely a lot of volume on FreeBitco.in betting on the leaked result and thus the odds went down.

There was a lot of last-minute volume likely caused by the leak. The odds will change when a lot of bets pile onto one outcome close to the end which is why the estimated payout is just an estimate. We also got a lot of volume on the Bitcoin price at the end of May being above $6000. Which although it looks like a sure thing Bitcoin is capable of moving more $2000 in 7 days.

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May 24, 2019, 07:42:02 AM
 #9028

Probably something around 1.12 as you would have had a higher time multiplier.

Are you sure about it?
This is what I don't get with this option of the multiplier.
What is the point to bet on day 1 with this kind of options with high TIME WEIGHT MULTIPLIER if, in the end, your bet will have very similar odds to a normal bet without the "time factor risk"

Example bitcoin June price prediction
If I bet now is a very high-risk bet since we have 30 more days to the closing date and for this reason, we have a high bonus



If I want to bet on 7500 -8000 range the odds and the winning showed are the followings



but we have 30days, everything can happen so is safer to wait the last day and set a little higher "safe bet" on the best range, that range on the last day will have probably a range near 1.1

So base on what you said If I bet now 1 BTC on bitcoin prediction price with odds 3.71 as shown on the 1st picture and I will win my bet is not locked with that odds but if I will win I will get something around 1.2? This seems very wrong and misleading to me.



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May 24, 2019, 07:45:41 AM
 #9029

but we have 30days, everything can happen so is safer to wait the last day and set a little higher "safe bet" on the best range, that range on the last day will have probably a range near 1.1
So base on what you said If I bet now 1 BTC on bitcoin with odds 3.71 as 1st picture and I will win my bet is not locked with that odds but if I will win I will get something around 1.2?

I thought of that which is why I set betting to close on the 23rd of the Month.

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May 24, 2019, 07:57:08 AM
 #9030


I thought of that which is why I set betting to close on the 23rd of the Month.

This helps but doesn't resolve the situation, the same is with the Uefa champions league where I bet with good odds.
If the odds now will go down and my bet has no odds locked, I will lose only money.

When I put a bet is expected that my bet is locked with the odds at the moment of my click.

There is no point at all to do a bet with a high multiplier if in the end the odds when the high multiplier was active changes when we are close to the deadline... and this is very misleading to me.

(Yeah I know now I probably already lost money on next champions league final since my odds are not locked and everyone is betting on last 2 teams and odds are quickly going down/changing)


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May 24, 2019, 08:29:11 AM
 #9031


I thought of that which is why I set betting to close on the 23rd of the Month.

This helps but doesn't resolve the situation,

It certainly helps those who bet on $5,501 - $6,000 at 86.50x at the end if Bitcoin dips below $6000 briefly at the end of the month. A lot of people have underestimated the risk of that happening and piled in thinking above $6000 is a sure thing.

the same is with the Uefa champions league where I bet with good odds.
If the odds now will go down and my bet has no odds locked, I will lose only money.

When I put a bet is expected that my bet is locked with the odds at the moment of my click.

I don't know where you got that expectation from.

Quote
Bet on the latest events against other FreeBitco.in users and win a share of the prize pool if you pick the winner!

Early bets have a higher weight and will get a bigger share of the prize pool!

I think that made it clear how it worked. There is no mention of fixed odds, it just tells you that the prize pool will be shared at the end which obviously means that your share will also depend on what bets are placed after yours.

There is no point at all to do a bet with a high multiplier if in the end the odds when the high multiplier was active changes when we are close to the deadline... and this is very misleading to me.

Looking at the payouts on the events so far the early bettors have done very well compared to the late bets.

(Yeah I know now I probably already lost money on next champions league final since my odds are not locked and everyone is betting on last 2 teams and odds are quickly going down/changing)

If you only bet on the winner then you can't lose. If you hedged your bets because you saw the current odds meant you couldn't lose if you backed both Liverpool and Spurs then you should have stopped and thought about it for a moment. There is no such thing a guaranteed win.

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May 24, 2019, 08:47:28 AM
 #9032

When I put a bet is expected that my bet is locked with the odds at the moment of my click.

I don't know where you got that expectation from.


Well, 99% of websites work on that way or I'm wrong? When you click you get a fixed odds (I'm talking about huge bookmakers like William hill, bet365 etc), so I think is a normal expectation.


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May 24, 2019, 08:53:18 AM
 #9033

Well, 99% of websites work on that way or I'm wrong? When you click you get a fixed odds (I'm talking about huge bookmakers like William hill, bet365 etc), so I think is a normal expectation.

Bookmakers do indeed work that way. This is player versus player betting, not bookmaking.

As I just said:

Quote
Bet on the latest events against other FreeBitco.in users and win a share of the prize pool if you pick the winner!

Early bets have a higher weight and will get a bigger share of the prize pool!

I think that made it clear how it worked. There is no mention of fixed odds, it just tells you that the prize pool will be shared at the end which obviously means that your share will also depend on what bets are placed after yours.

We told you how it worked.

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May 24, 2019, 09:30:19 AM
 #9034

Oh my god guys why did everyone have to put spoilers all over the place? I was planning to see if I would do this Game of Thrones thing on the weekend but seriously, we have sore winners who put it all over the thread and many times too!

I guess now the next discussion is. Was the odds really 2/1 (or so it seems from the posting)? I thought Bran payouts were much bigger than that. So are the bets system working out for everyone? Anyone know what's the difference a 99x and 1x weight applied to winnings?



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May 27, 2019, 10:57:06 AM
 #9035

On top of all of that we should also consider the fact that "betting" is something new in freebitcoin, I am sure there will be more games there will be more shows and there will be more stuff that we can bet on in the future, right now it is quite limited and it is kind of like in beta stage right now. When everything is said and done we are going to have a betting section that is delicious and we will be capable of at least getting used to it since it will be much more stable when it comes to it.

Something like sportsbetting on a football match and something like a tv show ending is totally different so it is not really that disappointing that it ended this way (unlike the show which was super disappointing). A year from now we will probably talk about how freebitcoin is amongst the top websites for betting too.
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May 27, 2019, 11:56:56 AM
 #9036

but we have 30days, everything can happen so is safer to wait the last day and set a little higher "safe bet" on the best range, that range on the last day will have probably a range near 1.1
So base on what you said If I bet now 1 BTC on bitcoin with odds 3.71 as 1st picture and I will win my bet is not locked with that odds but if I will win I will get something around 1.2?

I thought of that which is why I set betting to close on the 23rd of the Month.

This way is also not fair enough, it will be pointless to have people bet on the start as well. For example if they bet on lower odds which is possible the highest chance to win but it close on 23th June. Dont you think it is best to wait them until last minutes to bet? The chance wont be drastically change, unless there is suddenly a very huge pump and dump? To have 23th or 30th will just be the same, in a week range does not have much different because the gap that you make is far too safe which people will consider to bet on the safest point here. Why dont you make more options to bet instead of the range spare. May be a prediction like in couple of hours or minutes, it is faster and have a better odds
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May 28, 2019, 12:33:45 AM
 #9037

This way is also not fair enough,

I think you are confusing your likes and dislikes with fairness.

it will be pointless to have people bet on the start as well. For example if they bet on lower odds which is possible the highest chance to win but it close on 23th June.

It isn't pointless to bet at the start and get a near 100x time weighting.

Dont you think it is best to wait them until last minutes to bet? The chance wont be drastically change,

The whole point is you have to make that trade-off between getting a high time weight multiplier and having more information to base your bet on. It is simply a choice.

unless there is suddenly a very huge pump and dump? To have 23th or 30th will just be the same, in a week range does not have much different because the gap that you make is far too safe which people will consider to bet on the safest point here.

Bitcoin moved from $6200 to $8200 between the 10th and 14th of May. Sharp movements in Bitcoin price within a week are common and a pullback to below $6000 was still very possible between betting closing on the 23rd and end date of the 31st.

Why dont you make more options to bet instead of the range spare. May be a prediction like in couple of hours or minutes, it is faster and have a better odds

I did make more options. Have a loke a the options on the June bet.
When we put the May bet up Bitcoin price had been quite stable since December last year. I didn't see the bull run coming so soon so we were a little caught out and didn't have sufficient options on the May bet.

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May 28, 2019, 06:07:18 AM
 #9038

Quote
Early bets have a higher weight and will get a bigger share of the prize pool!

Thats fair enough, a few people have noted about the time factor and it being advantageous to delay the bet otherwise but if early bird rule is in effect that counters it.     I used to see this with sports betting quite alot, people would swoop in last minute with a bet which causes some problems.  



Bitcoin is very unpredictable,   I was so sure it would hang around 6000 area for far longer.   This I dont understand.    I made a deposit to take advantage of the interest on the site which I dont often do.   When its this irrationally positive it makes sense to just save and take in the scenery as we rise Tongue , last time I decided this as a policy was Feb 2017 so hopefully Im similarly correct longer term.


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May 28, 2019, 06:37:26 AM
 #9039

Quote
Early bets have a higher weight and will get a bigger share of the prize pool!

Thats fair enough, a few people have noted about the time factor and it being advantageous to delay the bet otherwise but if early bird rule is in effect that counters it.     I used to see this with sports betting quite alot, people would swoop in last minute with a bet which causes some problems.  



Bitcoin is very unpredictable,   I was so sure it would hang around 6000 area for far longer.   This I dont understand.    I made a deposit to take advantage of the interest on the site which I dont often do.   When its this irrationally positive it makes sense to just save and take in the scenery as we rise Tongue , last time I decided this as a policy was Feb 2017 so hopefully Im similarly correct longer term.
Well that is how things go early bets should really have a bigger share compare to those last minute bets,
Because there are times that we could almost see the winning team .
If I am not mistaken you could put up a bet even when the game had started right?
So it would be much more easy to predict.

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May 28, 2019, 09:06:33 AM
 #9040

Anyone care to share bets made at 99x weight and at 0 weight so we can compare what the differences would have been? Might get more interest and more people too! I think someone did make a suggestion to add some estimations calculator so yeah that could be something interesting as well. Guess a lot of us stood by the sidelines for a while, (although I made a bet just out of curiosity).



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