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

[JP Esq]

I have a question regarding the "Betting" section on the site.

I understand its a tote/pool/parimutuel system but there appears to be some inconsistent outcomes with the final odds and margins.

For example, in the Levante V Valladolid soccer match on 31 Aug, the final odds were:

Levante 1.73
Draw 2.01
Valladolid 2.41

The "over round" or "vig" on this market is a whopping 149! (A pure fair odds market will equal exactly 100)

However, in the Villareal V Real Madrid match the next day, the final odds were:

Villareal 3.35
Draw 3.59
Real Madrid 1.47

The margin on these odds is about 126 (still a very healthy margin but considerably better for the gambler then the Levante match.)

Its not my place to question Freebitco.in on how to run their business but the difference in profit margins from one event to the next does appear erratic. Its as if the site is taking widely different cuts from each individual event instead of say a flat 15% for example.

Does anyone know whats behind this? Rounding errors for example wouldnt explain these differences. Am I missing something?

Thanks in advance to anyone who can offer any explanation.

(For the avoidance of doubt Im not accusing or hinting at any underhand practices by the site at all, Im genuinely puzzled.)

[Rozita]

As I read in "terms and conditions" of Lamborghini Lottery, a list which will contain all users and their tickets numbers will be published. It's a good idea. It cause the people to trust the lottery more. I think Freebitco should publish this list every week for weekly lotteries too. I have heard from many users that complain about weekly lotteries. If this list is published, I am sure more people will buy tickets.

[Oasisman]

As I read in "terms and conditions" of Lamborghini Lottery, a list which will contain all users and their tickets numbers will be published. It's a good idea. It cause the people to trust the lottery more. I think Freebitco should publish this list every week for weekly lotteries too. I have heard from many users that complain about weekly lotteries. If this list is published, I am sure more people will buy tickets.

You mean a total transparency? Well, thats a good idea, might be a good idea for the future lotteries as well. I havent had a visit to their website for a couple of months now and I think the lambo lottery is still hot. I also had few tickets for the lottery too.

[TheQuin]

I think Freebitco should publish this list every week for weekly lotteries too. I have heard from many users that complain about weekly lotteries. If this list is published, I am sure more people will buy tickets.

We already do publish the ticket list every week BEFORE the draw. Read the "THIS LOTTERY IS PROVABLY FAIR!" tab for full details.

Its not my place to question Freebitco.in on how to run their business but the difference in profit margins from one event to the next does appear erratic. Its as if the site is taking widely different cuts from each individual event instead of say a flat 15% for example.

Does anyone know whats behind this? Rounding errors for example wouldnt explain these differences. Am I missing something?

Thanks in advance to anyone who can offer any explanation.

(For the avoidance of doubt Im not accusing or hinting at any underhand practices by the site at all, Im genuinely puzzled.)

The profit margins are not erratic. It is not fixed odds betting it is a parimutuel betting system. That means all the money goes into a prize pool, we take out a 5% rake and then the rest is shared out among the winners.

[broke_tradah]

We already do publish the ticket list every week BEFORE the draw. Read the "THIS LOTTERY IS PROVABLY FAIR!" tab for full details.  We just don't tell you which ID's are real and which are fake though.  Most of them are fake,  so IDK why you'd even trust such a list anyway.

Fixed the spelling errors for you.  BTW,  how do you provably fair a lottery with an unverifiable list of ID's?  You dont.  It's not a provably fair lottery,  it's only a provably accurate roll.  Whether the roll lands on a real ID is a completely different matter.  Anyone that tells you they have a provably fair lottery is just outright lying to you.  You cant prove ID's are real or who they belong to without KYC.  You can only say that they exist.  Proving they are real isnt possible with an anonymous service.  So any "lists" that they provide are just smoke and mirrors.  They are completely worthless.

[TheQuin]

Did childish thing by misquoting you ~ BTW,  how do you provably fair a lottery with an unverifiable list of ID's?

I have answered this bullshit from you so many times it is not possible for anyone with 2 brain cells to rub together not to get it.

Increasing the number of tickets increases the prize pool so would be PnL neutral. It wouldn't work anywhere other than the illogical fantasy land you live in. You are yet to be capable of coming up with a counter-argument so you just repeat the same bullshit.

[BTCevo]

Free tickets to lottery and reward points that you can claim stuff with and even the lambo is all paid by the 5% house edge. I mean some people complain about the rate of it but honestly at the places you play that gives you 1% house edge or so they do not give anything else, that is it, you play on 1% house edge and you lose.

However, here no matter how much you lose (or even win, or even not play) you are getting free stuff which exists nowhere except here. Lottery tickets are very crucial because we have seen many many people with very little tickets that won either the first place or much more times be in the first 1-10 tickets. Just last draw we had a winner with 477 tickets, that is literally 477 satoshi (probably got it for free instead of buying as well) that earned this guy quarter of a bitcoin. Nowhere other than here you can see stuff like this.

it will be nice if the cheaters who are running this site give something to peoples who lost thousands of dollar here on gambling.They are just concentrated on money making nothing else.Lakhs of tickets in every lottery round and never get even 10th place.Fake winners and fake promotions.I am a gambler and i lost here so much that i would have bought the lamborghini myself......these shitheads only making money from user interest....no one real has got anything ever.....maybe they gave one or two memebrs from different forums some favour and their con is working like charm.........anyone who expect any profit here,i bet,open your eyes......LOL

If you think that they are scamming you then you should not try to gamble from the start then. Instead of gambling you will be able to get the lambo by yourselves then why betting here? I believe this is not what your intention from the start. You will think that you are going to get the profit and the lambo as well or even win the weekly lottery. I do not know if this is really possible or not. But this is game of chance, it is either you win or lose. Just as simple as that, if you can't afford it then do not bother to start it

[broke_tradah]

Did childish thing by misquoting you ~ BTW,  how do you provably fair a lottery with an unverifiable list of ID's?

I have answered this bullshit from you so many times it is not possible for anyone with 2 brain cells to rub together not to get it.

Increasing the number of tickets increases the prize pool so would be PnL neutral. It wouldn't work anywhere other than the illogical fantasy land you live in. You are yet to be capable of coming up with a counter-argument so you just repeat the same bullshit.

Ok so let me get this straight.  You're trying to say that increasing the prize pool tickets somehow costs you capitol?  If I have 10 people give me $100 and then tell them that 50000 other people also gave me $100 and that the prize pool is a massive $5 mill,  you're telling me my PnL is neutral when not a single real player wins?  WTF are you smoking?  the 5 mill cost me NOTHING but the idiots who believed it still paid me $100 and I kept ALL of it and didnt pay a dime to anyone.  PnL neutral.....  the audacity lol.  And this is just an extreme example to prove the point that the fake tickets/accounts dont cost anything but it CERTAINLY increases the profit since the likelyhood of someone actually winning is extremely low and when they do win, they have to compete with the fakes for a part of the pool.  No 1 ticket holder wins EVERYTHING.  If they did,  then I'd agree,  increasing the pool size would be risky business.  But thats not the case.

BTW this doesnt even account for the fact that those idiots how have 100s of thousands of tickets only got those tickets by gambling and VERY LIKELY losing everything.  So essentially they pay 25-50x MORE than what the ticket costs.  So even if they were to win,  the house still ends up in massive profit.  Tossing in a few fake accounts with fake tickets to lower the likelyhood of someone winning makes all the sense in the world if you're a greedy bastid (like I know u are,  you wouldnt be human if you werent).

[TheQuin]

Ok so let me get this straight.  You're trying to say that increasing the prize pool tickets somehow costs you capitol capital^*?

Of course it does you retard.

If someone as dumb as you was running a lottery and decided to play their own lottery they increase the total prize pool and have exactly the same odds of winning as everyone else. They might win sometimes and that reduces what they payout out on those occasions BUT that is cancelled out by paying more on all the prizes they don't win.

I have explained that to you countless times but you are far to thick to understand that simple logic.


*Corrected dimwit's spelling error.

[Lakai01]

Ok so let me get this straight.  You're trying to say that increasing the prize pool tickets somehow costs you capitol?  If I have 10 people give me $100 and then tell them that 50000 other people also gave me $100 and that the prize pool is a massive $5 mill,  you're telling me my PnL is neutral when not a single real player wins?  

Well, of course it costs money when freebitco.in increases the prize pool. Putting your assumption aside that no real user wins (where does this assumption come frome, any proofs?) an increased pool size doesnt directly mean that more users buy tickets. Its likely, but not guaranteed.

I have explained that to you countless times but you are far to thick to understand that simple logic.

Kudos to you to always respond back at his attacks. I admire your nerves of steel

[broke_tradah]

Well, of course it costs money when freebitco.in increases the prize pool.

An entry in a DB doesnt cost a dime more than what it costs for the db hosting.  There have been 233 lottery weeks,  of that,  maybe 1 or 2 people have come forward to say they won something of significance in the lottery.  Thats pretty good proof right there in itself that most of the "winners" are just that,  completely fake.    Besides,  I find the lottery to be a complete waste anyway.  It's totally pointless.  It would just be better if it went away completely and was replaced by more referral percentage.  At least that would motivate more people to promote the site more than they would from something they never win anyway.

[docthusinh]

I am not sure of fake IDs, but managed list of lottery ticket owners that eligible for enrolling a specific lottery draw is more or less "exist". An example scenario would be someone who referred other people years back but didn't touch the site since then and his players are still playing thus he get free lottery tickets via referral system. The problem arise here is the chance of "dead coin" exist, in which they paid the prize to this kind of user and the guy never notice of the winning to take out or use it on dice game thus the site will lose this liquidity due to its inactive/not moving issue. They may argue that "winner get a notification email" but well, there are people who made fake email address just for use with online activities and never touch it again after it is used to verify the other online account.

[anon121]

Free tickets to lottery and reward points that you can claim stuff with and even the lambo is all paid by the 5% house edge. I mean some people complain about the rate of it but honestly at the places you play that gives you 1% house edge or so they do not give anything else, that is it, you play on 1% house edge and you lose.

However, here no matter how much you lose (or even win, or even not play) you are getting free stuff which exists nowhere except here. Lottery tickets are very crucial because we have seen many many people with very little tickets that won either the first place or much more times be in the first 1-10 tickets. Just last draw we had a winner with 477 tickets, that is literally 477 satoshi (probably got it for free instead of buying as well) that earned this guy quarter of a bitcoin. Nowhere other than here you can see stuff like this.

it will be nice if the cheaters who are running this site give something to peoples who lost thousands of dollar here on gambling.They are just concentrated on money making nothing else.Lakhs of tickets in every lottery round and never get even 10th place.Fake winners and fake promotions.I am a gambler and i lost here so much that i would have bought the lamborghini myself......these shitheads only making money from user interest....no one real has got anything ever.....maybe they gave one or two memebrs from different forums some favour and their con is working like charm.........anyone who expect any profit here,i bet,open your eyes......LOL

If you think that they are scamming you then you should not try to gamble from the start then. Instead of gambling you will be able to get the lambo by yourselves then why betting here? I believe this is not what your intention from the start. You will think that you are going to get the profit and the lambo as well or even win the weekly lottery. I do not know if this is really possible or not. But this is game of chance, it is either you win or lose. Just as simple as that, if you can't afford it then do not bother to start it

Well,i have tried many gambling site and i am not crying for my loss.I am just pointing out my conclusion.There are so many sites in gambling business and not everyone of them is fair and certainly not this one! i bothered to mention anything is just for the sake of people who are hoping to get lottery or lamborgini.....you can only GET bits of satoshi by free roll,thats too always minimum......so forget about being lucky.When a buiness starts to think of making money only and ignoring the best interest of its customer,its no longer remain a business.I think the word i am looking for this site is probably SCAMMING.....my concluion is provably fair,as they say too....LMAO............I dont know why so many senior member here are taking scammer side..........PLEASE COME FORWARD AND SAY YOU WON LOTTERY  HERE.

[STT]

There is a thread where people can post their seed for winning the lottery I think.   I've posted in reply to someone who started a thread but actually theres an official claim thread and it says when you win go post there and claim a little bit extra for posting your ID.   I've definitely seen someone do this.

Heres my 1% chance win - https://i.imgur.com/iOIhKK5.png   Not sure that helps you, its a humble win lol  sorry its not impressive but I count 1% as lucky.   I have had a few of them and I'll post if I get even more slight odds.

Also there is golden ticket chance for deposits at the moment, for those waiting on that offer - https://i.imgur.com/fbOnOaZ.png    I'm now scrolling in anticipation through available colours for a Lambo because they arent boring like Ferrari.

[TheQuin]

An entry in a DB doesnt cost a dime more than what it costs for the db hosting.  There have been 233 lottery weeks,  of that,  maybe 1 or 2 people have come forward to say they won something of significance in the lottery.  Thats pretty good proof right there in itself that most of the "winners" are just that,  completely fake.    Besides,  I find the lottery to be a complete waste anyway.  It's totally pointless.  It would just be better if it went away completely and was replaced by more referral percentage.  At least that would motivate more people to promote the site more than they would from something they never win anyway. I still don't understand the simple logic that it wouldn't work because it increases the prize fund.

Just ignoring the reason I have stated that your logic is flawed doesn't win any argument. It just makes you look like more of a fool than you already do.

[anon121]

There is a thread where people can post their seed for winning the lottery I think.   I've posted in reply to someone who started a thread but actually theres an official claim thread and it says when you win go post there and claim a little bit extra for posting your ID.   I've definitely seen someone do this.

Heres my 1% chance win - https://i.imgur.com/iOIhKK5.png   Not sure that helps you, its a humble win lol  sorry its not impressive but I count 1% as lucky

Also there is golden ticket chance for deposits at the moment, for those waiting on that offer - https://i.imgur.com/fbOnOaZ.png    I'm now scrolling in anticipation through available colours for a Lambo because they arent boring like Ferrari.

i dont see anyone real claiming a win in lottery recently.This site started as a free faucet and now see where they are.They will give someone some free satoshi...or even some extra than usual and this hides their con perfectly.They climbed the ladder of success by manipulating peoples and giving them hopes.This forum has thousands of member...right? Anyone here,who could say that they won lottery or largest prize in free roll....i guess not.
Whoever is running this bullshit,either be it quin,wetsuit or drysuit....lol.....Now you see me complaining,you may give someone something to stand for your scam......thats very easy......comeon,do it cheaters.

[TheQuin]

i dont see anyone real claiming a win in lottery recently.This site started as a free faucet and now see where they are.They will give someone some free satoshi...or even some extra than usual and this hides their con perfectly.They climbed the ladder of success by manipulating peoples and giving them hopes.This forum has thousands of member...right? Anyone here,who could say that they won lottery or largest prize in free roll....i guess not.
Whoever is running this bullshit,either be it quin,wetsuit or drysuit....lol.....Now you see me complaining,you may give someone something to stand for your scam......thats very easy......comeon,do it cheaters.

There were quite a few lottery winners that have posted in various threads on the forum. Most obviously prefer to stay anonymous. There's whole thread full of free roll big winners that have posted screenshots and the link to verify their rolls.

None of that stops imbeciles claiming it is a scam with no proof to back their claims up. That's just part of life on the forum. There's always another jerk like you shouting their mouth off.

[mindrust]

I deposited on this website big amounts. Collected interest, went in and out whenever I wanted. Never had any problems.

I can't speak for the future but my past and on-going experiences say there is no scam.

[Betwrong]

I deposited on this website big amounts. Collected interest, went in and out whenever I wanted. Never had any problems.

I can't speak for the future but my past and on-going experiences say there is no scam.

I deposited 0.007 BTC to my freebitco.in account more than a year ago and have been earning passive interest since then. When I needed 0.001 some time ago I withdrew that amount from the site without any problems and with the lowest fee possible.

This site is surely not a scam, but it will always have haters saying bad things about it because this happens to anything which is popular and prosperous.

[Lakai01]

I deposited on this website big amounts. Collected interest, went in and out whenever I wanted. Never had any problems.

I can't speak for the future but my past and on-going experiences say there is no scam.

I deposited 0.007 BTC to my freebitco.in account more than a year ago and have been earning passive interest since then. When I needed 0.001 some time ago I withdrew that amount from the site without any problems and with the lowest fee possible.

This site is surely not a scam, but it will always have haters saying bad things about it because this happens to anything which is popular and prosperous.

I second this, never had any vad experience with the site, everything works smooth and without any flaws. Even my free roll winnings are statistically fitting