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

[TheQuin]

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This is the freebitco.in thread. Please try and stay on-topic.

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[Kakmakr]

Basically it can take years and the bot would seem like its effective when it fact it just didn't have a long enough timeline.

~~Snip Snip... Drone bla bla bla...

Having a house edge, is just how casinos make their money, it is not some kind of scam.  

~~ Snip Snip... Drone bla bla bla ..continues.

The house edge is the difference between the true odds and the odds that the casino pays you when you win. Casinos does not have to cheat to make money, in the long run, the casino will win on negative expectation games. 

The sole purpose of a house edge is to ensure that gambling site have a long-term advantage over their customers, this is necessary for the continued operation of any casino. If they do not do this, they will make no profit and they will have to close their doors.

So, even if your so-called bot is successful, it would eventually run out of money, because the house always win. 

Drone 1 - Scammer 0 

[mindrust]

~snip

This is the freebitco.in thread. Please try and stay on-topic.

Hey quin, I deposited some coins after the golden ticket promotion has ended, naturally didn't get any golden tickets. Will there be again a promotion like that? If I move my coins out and in again will I be getting credited golden lambo tickets?

[docthusinh]

Don't you think the casino owners don't have a catch there? If anything abnormal or the server can't process the bet due to heavy load, they just simply put it in a CATCH or ELSE statement and return a BLANK result (server doesn't accept bet, try again) or LOSE result (you lose, give me your coin) or worst return a HTTP 503/504 result without any response.

Of course, in a simplified world an else statement or a try-catch block fixes any error
But you hit the nail, as soon as the casino knows that something abnormal is going on they simply can deal with the situation accordingly.

That conclude is what I want to see, thus this is my conclusion: there is no cheat or bug exploit available thus again someone can't say that the bot win because it found out the way to dig in the hole. The casino hold the data and the log, they can easily track and find out if the guy cheated and stopped it immediately.

[TheQuin]

Hey quin, I deposited some coins after the golden ticket promotion has ended, naturally didn't get any golden tickets. Will there be again a promotion like that? If I move my coins out and in again will I be getting credited golden lambo tickets?

We'll definitely run it again. Turn on notifications so you don't miss it. You get 48 hours every time we do it.

[docthusinh]

Basically it can take years and the bot would seem like its effective when it fact it just didn't have a long enough timeline.

~~Snip Snip... Drone bla bla bla...

Having a house edge, is just how casinos make their money, it is not some kind of scam.  

~~ Snip Snip... Drone bla bla bla ..continues.

The house edge is the difference between the true odds and the odds that the casino pays you when you win. Casinos does not have to cheat to make money, in the long run, the casino will win on negative expectation games. 

The sole purpose of a house edge is to ensure that gambling site have a long-term advantage over their customers, this is necessary for the continued operation of any casino. If they do not do this, they will make no profit and they will have to close their doors.

So, even if your so-called bot is successful, it would eventually run out of money, because the house always win. 

Drone 1 - Scammer 0 

Half agree here, it would eventually run out of money, but when is it is the question, he managed to run 24/7 for too long and the event did not happened, per my estimation total bets he made is around 150 millions mark (taken from last year mark of his bot ads thread as starting time) and with this count of bets made any matimatical formula should already yield bursted result a few times at least.

Thus to be fair, for 99% of the gamblers (including casino owners, bank roll investors, etc...) they can stick to the concept that is already exist and agaist this kind of thing because it is what it need to be for casinos to exist. For the rest 1% of the gamblers, there is hope that some one win and profit from it and you might learn it to find out your way, thus made up gambling industry. Like me, I don't use the guy bot on my own coins because budget requirement can't meet, thus developed one base on his concept (I manage to understand it as well as the things he said) for few other sites on alts which satisfy my budget (10 bitcoins I don't, but 10 ethers it is a yes) and it work exactly the same thing, which I am currently in process of reaching 30 millions bets mark.

[TheQuin]

Half agree here, it would eventually run out of money, but when is it is the question,

The answer to that depends purely on luck. You can work out the mathematical probabilities all you want but if you get a run of bad luck it will happen earlier and good luck will make it happen later. That's why gambling with a system is still gambling.

[fullhdpixel]

This morning when I checked the website there was two countdowns on the lambo page, one was like an hour left or so if I am not wrong and then the other was the 60+ day whole ordeal thingy, what was the first one and what was the second one ( I assume second one was ending of it all).

To be perfectly honest with you all other talks about house edge is just a marvel that even after 10 years of crypto gambling world that started first with satoshidice, some people do not realize they can't beat the system. There is house edge, you lose more money than you win on the same bet, what don't they really understand? What part of it is so confusing that they think they can find a solution that can figure out a way to turn the system into profitable ways for themselves. Gambling is something you do for fun, just try to enjoy it instead of trying to win.

[broke_tradah]

The sole purpose of a house edge is to ensure that gambling site have a long-term advantage over their customers.... <SNIP>

Uhm,  thats exactly what I said.  Its a TIME mechanism,  not a "profit" mechanism (although one can use it for such purposes,  that is not its TRUE purpose) and its certainly NOT a requirement for the casino to make a profit.  It's entirely possible to profit with 0% edge and examples of this exist if you actually do some research.  You cannot tie time and profit together.  They are completely separate items and not associated AT ALL.  It's very possible for time to insure that you (as the house) DONT profit as well.  This is proven by moving the house edge below 0.  It's a time mechanism.  Period.  So any statement you make about it being "required" to "make money" which you've now done TWICE is completely stupid and makes about as much sense as calling liquid water as solid a diamond.  Edge has absolutely NOTHING to do with profit.  All it does is protect the casino against players who have A LOT of time to spare and very likely deep pockets,  possibly more so than the casino itself.  That is its ONLY purpose and bots have more time than any living human.

BTW,  using your logic that an edge is REQUIRED to be profitable,  please explain the ZERO EDGE online sites AND brick/mortar casinos that exist through out the world.  This one should be amusing.  The first time you say the phrase "they use other",  I'm going to slap you with an example of one that DOESNT and then watch the reply get deleted by TheQuack reporting it for "promoting other sites".  lol

[Rozita]

This morning when I checked the website there was two countdowns on the lambo page, one was like an hour left or so if I am not wrong and then the other was the 60+ day whole ordeal thingy, what was the first one and what was the second one ( I assume second one was ending of it all).

Every time I check "Golden Ticket" section, I just see one countdown. Now there are 62 days left until the countdown ends.

To be perfectly honest with you all other talks about house edge is just a marvel that even after 10 years of crypto gambling world that started first with satoshidice, some people do not realize they can't beat the system. There is house edge, you lose more money than you win on the same bet, what don't they really understand? What part of it is so confusing that they think they can find a solution that can figure out a way to turn the system into profitable ways for themselves. Gambling is something you do for fun, just try to enjoy it instead of trying to win.

You are completely right about the house edge. The owner of the gambling website is always the winner and players always lose. They lose 100% in long term and they might win very low amounts of money in short-term if they are very lucky. You are 100% right. No one can beat the system. There are some people think that they will be finally winner. They believe that they cannot be unlucky every time. Some people always increase the amount of the bets as they think they will be finally winner. Finally they lose more than they can afford and leave the gambling website after a big loss.
There is no need to have mathematical knowledge to understand the house edge. It's really simple. When you try to increase your bitcoins two times in freebitco 5250 numbers out of the 10000 ones are in favor the owner. Knowing this is enough to understand the game is not fair.
(I don't blame freebitco or other gambling websites. House edge is really needed to remain profitable and alive.)

[TheQuin]

This morning when I checked the website there was two countdowns on the lambo page, one was like an hour left or so if I am not wrong and then the other was the 60+ day whole ordeal thingy, what was the first one and what was the second one ( I assume second one was ending of it all).

We were running a promotion that gives a free Golden Ticket for depositing 0.05 BTC that was the first timer and there was a banner above it explaining that. The second timer is for when the draw happens.

~snipped pseudoscience babble about my magic time machine that beats a house edge~


~ and then watch the reply get deleted by TheQuack reporting it for "promoting other sites".  lol

Wow. The thickest dimwit on earth has finally understood one of the forum rules. This thread is ours and is for discussion of our service. You are welcome to promote your own service in your own thread. The fact that thread died due to lack of interest does not give you the right to hijack this one.

[SyGambler]

hey the quin , I see you haven't added US open to the site
it's getting closer and closer to end so just curious if you are planning to add some to the site ? maybe some outrights or match ups would be really cool , still plenty of matches and outcomes to bet on

[TheQuin]

hey the quin , I see you haven't added US open to the site
it's getting closer and closer to end so just curious if you are planning to add some to the site ? maybe some outrights or match ups would be really cool , still plenty of matches and outcomes to bet on

It's very difficult to do individual matches in tennis tournaments because there's no fixed schedule when matches start. I should have done an overall bet on the tournament but I forgot about it until too late.

[SyGambler]

hey the quin , I see you haven't added US open to the site
it's getting closer and closer to end so just curious if you are planning to add some to the site ? maybe some outrights or match ups would be really cool , still plenty of matches and outcomes to bet on

It's very difficult to do individual matches in tennis tournaments because there's no fixed schedule when matches start. I should have done an overall bet on the tournament but I forgot about it until too late.

yeah indeed , maybe you can just add the outrights now with the players who are left ? that shouldn't be a problem I guess
not sure if it will gain action but it's nice to have freebitcoin as another option in case someone wants to check the odds for outright winner

[noormcs5]

hey the quin , I see you haven't added US open to the site
it's getting closer and closer to end so just curious if you are planning to add some to the site ? maybe some outrights or match ups would be really cool , still plenty of matches and outcomes to bet on

You can bet on US Open on others sports betting site which are delicately made for the sports betting. I mostly use freebitco for faucets and lottery.
Also the "Earn BTC" feature is good where you will get 4.08% annual interest.

[TheQuin]

hey the quin , I see you haven't added US open to the site
it's getting closer and closer to end so just curious if you are planning to add some to the site ? maybe some outrights or match ups would be really cool , still plenty of matches and outcomes to bet on

You can bet on US Open on others sports betting site which are delicately made for the sports betting. I mostly use freebitco for faucets and lottery.
Also the "Earn BTC" feature is good where you will get 4.08% annual interest.

Some people prefer the parimutuel betting we offer as an alternative.

@SyGambler I'll have a look at getting something up when I get to the office tomorrow.

[SyGambler]

You can bet on US Open on others sports betting site which are delicately made for the sports betting. I mostly use freebitco for faucets and lottery.
Also the "Earn BTC" feature is good where you will get 4.08% annual interest.

I know and I already placed the bets I want with other sites , but the betting in freebitcoin is different since it's parimutuel as TheQuin mentioned
in parimutuel sites sometimes you can find much better value for certain selections cause the odds are driven by what people are betting and the volume is smaller than normal betting sites
so you may find people wagering a lot of money on the favorite making the odds for the other selections better than other sites , at these times you may find value that's impossible to be found in other sites

@SyGambler I'll have a look at getting something up when I get to the office tomorrow.

thanks mate I will be waiting 

[Kakmakr]

The sole purpose of a house edge is to ensure that gambling site have a long-term advantage over their customers.... <SNIP>

Uhm,  thats exactly what I said.  Its a TIME mechanism,  not a "profit" mechanism (although one can use it for such purposes,  that is not its TRUE purpose) and its certainly NOT a requirement for the casino to make a profit.  It's entirely possible to profit with 0% edge and examples of this exist if you actually do some research.  You cannot tie time and profit together.  They are completely separate items and not associated AT ALL.  It's very possible for time to insure that you (as the house) DONT profit as well.  This is proven by moving the house edge below 0.  It's a time mechanism.  Period.  So any statement you make about it being "required" to "make money" which you've now done TWICE is completely stupid and makes about as much sense as calling liquid water as solid a diamond.  Edge has absolutely NOTHING to do with profit.  All it does is protect the casino against players who have A LOT of time to spare and very likely deep pockets,  possibly more so than the casino itself.  That is its ONLY purpose and bots have more time than any living human.

BTW,  using your logic that an edge is REQUIRED to be profitable,  please explain the ZERO EDGE online sites AND brick/mortar casinos that exist through out the world.  This one should be amusing.  The first time you say the phrase "they use other",  I'm going to slap you with an example of one that DOESNT and then watch the reply get deleted by TheQuack reporting it for "promoting other sites".  lol

I can now see why #TheQuin are not engaging with you anymore, you sound like a snot nose teenager "know-it-all" script kiddy.    The zero house edge operations are mostly scammers who wants to cash in quickly on gamblers greed and they do not last very long. Some of them get alternative income from these sites, eg. Advertisement income that generates additional income for them to pay for their operating expenses. <Small fry fly-by-night operations>

I figure Brick n Mortar operations with a zero house edge does the same thing by supplementing their income from alcohol and food sales and the gambling side is just a minor attraction to get people through the door. We have a couple of Sport bars in my area, where they have some slot machines and some sports betting, but their main income are derived from the bar and the restaurant.

My interaction with you will stop now, because you are simply too thick headed and stubborn to have a normal conversation. In any way, what you are doing is simply wrong and you are spoiling a very good experience for millions of people that are enjoying this site.

[BTCevo]

Every time I check "Golden Ticket" section, I just see one countdown. Now there are 62 days left until the countdown ends.

Basic ticket lottery round not bad i hope 1 to 10 number off price not bad luckily you win 1st prize so comfortable feel likely basic lottery. free of ticket so best opportunity.   

Of course it is free right and you will get the chance to win it but still it is very really small chance compare to the one you play it. And by playing on their game you can even have chance to win lambo instead of just getting lottery ticket and reward point. So basicly by playing on their hi-lo games, the chance to win some prizes will booatly increasing instead of just stay getting the free money. It is all your choice to take

[TheQuin]

You can bet on US Open on others sports betting site which are delicately made for the sports betting. I mostly use freebitco for faucets and lottery.
Also the "Earn BTC" feature is good where you will get 4.08% annual interest.

I know and I already placed the bets I want with other sites , but the betting in freebitcoin is different since it's parimutuel as TheQuin mentioned
in parimutuel sites sometimes you can find much better value for certain selections cause the odds are driven by what people are betting and the volume is smaller than normal betting sites
so you may find people wagering a lot of money on the favorite making the odds for the other selections better than other sites , at these times you may find value that's impossible to be found in other sites

@SyGambler I'll have a look at getting something up when I get to the office tomorrow.

thanks mate I will be waiting 

The US Open is up now.

We're stopping taking new bets on the "Brexit - Will the UK leave the EU before 2019 ends?" bet tomorrow as things look they could be decided at any moment. So get your bets in while you still can.