JP Esq
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September 18, 2019, 09:19:19 PM |
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Have anyone won a lottery at Freebitco ? I have tried my luck many times in this lottery but never won it. Even I used to solve the captcha at this site every hour but never got a big reward. Maybe I am not that lucky to go for a Lamborghini Not once, even with 10% chance. And then I see someone winning top prize with just a few tickets 10%?! You must have had around 15m-20m tickets! Where do you get all them from? Do you buy them? Its unusual for me to get anywhere near 0.05%!
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TheQuin
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September 18, 2019, 11:51:30 PM |
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Healthy increase in volume, but lower lottery prize, ignore the period that the first prize skyrocket to 1.8-2.0btc (mass multi accounts bot), it's prize now is lesser than 0.5 BTC (which was before that event is 0.5 -> 0.6 btc) but the wager volume right now is much more than before so either it's not really healthy or the prizes have been offset for weeks to pay the Lambo.
No. We look at everything in dollar terms. When the lottery was 0.6, BTC was much lower. So the wagering volume was higher in BTC terms but lower in dollar terms. Nothing has been changed to offset the Lambo.
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docthusinh
Jr. Member
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Activity: 225
Merit: 4
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September 19, 2019, 02:10:41 AM Last edit: September 19, 2019, 02:29:33 AM by docthusinh |
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Healthy increase in volume, but lower lottery prize, ignore the period that the first prize skyrocket to 1.8-2.0btc (mass multi accounts bot), it's prize now is lesser than 0.5 BTC (which was before that event is 0.5 -> 0.6 btc) but the wager volume right now is much more than before so either it's not really healthy or the prizes have been offset for weeks to pay the Lambo.
No. We look at everything in dollar terms. When the lottery was 0.6, BTC was much lower. So the wagering volume was higher in BTC terms but lower in dollar terms. Nothing has been changed to offset the Lambo. A simple check, current peak top wager is 1000+ btc during your lambo event, himself alone can overtake at least 5 times wager amount of the top 10 table at that time, and the price during that period is 5k-8k5 (few months right before the mega drop to 3k2), simple take 5 times bigger wager, but 2 times btcusd price, not to mention total user accounts now is at least 2x more but the prize is lower.
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TheQuin
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September 19, 2019, 02:27:39 AM |
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Healthy increase in volume, but lower lottery prize, ignore the period that the first prize skyrocket to 1.8-2.0btc (mass multi accounts bot), it's prize now is lesser than 0.5 BTC (which was before that event is 0.5 -> 0.6 btc) but the wager volume right now is much more than before so either it's not really healthy or the prizes have been offset for weeks to pay the Lambo.
No. We look at everything in dollar terms. When the lottery was 0.6, BTC was much lower. So the wagering volume was higher in BTC terms but lower in dollar terms. Nothing has been changed to offset the Lambo. A simple check, current peak top wager is 1000+ btc during your lambo event, himself alone can overtake at least 5 times wager amount of the top 10 table at that time, and the prize during that period is 5k-8k5 (few months right before the mega drop to 3k2), simple take 5 times bigger wager, but 2 times btcusd price, not to mention total user accounts now is at least 2x more but the prize is lower. That's not a simple check. You are only looking at one players monthly volume. Look at the history of the lottery results and then convert the prize amounts into USD at the exchange rate of the time and you'll see the prizes have increased. We only show 10 days history on the stats page but if you had of kept notes you would see that daily volume wagered has decreased in BTC terms but increased in USD terms in the same period. I think you must have spent too long talking to The Village Idiot.
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docthusinh
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Activity: 225
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September 19, 2019, 02:56:44 AM |
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I think you must have spent too long talking to The Village Idiot.
The guy has nothing to do here regarding to the topic we are talking about which is the lottery prize being offset for the Lambo. Btw, i take ideas/comments from both sides, you defend your casino, and he is a player which propose something might be hard to be true to the majorities but i am open to that including verify it because i am a player too. Understand that you need to defense your side but calling him, which is your customer, like that is not good
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TheQuin
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September 19, 2019, 03:02:55 AM |
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I think you must have spent too long talking to The Village Idiot.
The guy has nothing to do here regarding to the topic we are talking about which is the lottery prize being offset for the Lambo. Btw, i take ideas/comments from both sides, you defend your casino, and he is a player which propose something might be hard to be true to the majorities but i am open to that including verify it because i am a player too. Understand that you need to defense your side but calling him, which is your customer, like that is not good I was just noting the similarity in the flaws in your theories. Maybe he lent you his tinfoil hat. I told you that we did not change the lottery to compensate for the Lambo and you continue to argue that we did by using false logic. That's insulting me by inferring that I'm lying. That's exactly what he has been doing in these threads for the last year. Whether people are customers or not I'll give back as good as I get when someone does that.
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davinchi
Legendary
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Activity: 2100
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September 19, 2019, 11:08:25 AM |
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I doubt freebitcoin got enough advertisement out of this. I mean they were already one of the most known casinos in the whole crypto world and certainly the biggest faucet out there by a large margin, how much new user could they actually get from something like this.
I think it will definitely pay out. Freebitco.in and its contest is literally covered in every larger crypto-blog or news site. I read even an article in a well known newspaper about the giveaway (can't find the link unfortunately). The amount someone needs to deposit isn't that much, so it's very appealing for users to deposit BTC to get golden tickets, additionally, they even earn interest for depositing funds. The need to deposit funds is the most inhibiting threshold for new customers in my opinion. Once they have the funds at the site, it's very likely that they wager at least a small amount at games or bets. I am too not feeling like they didn't make any marketing out of this, I am not even saying they didn't make any money out of it neither, I am just saying in the past months since this started, they didn't get 200 thousand dollars out of this most probably. Now they might have made some money, hell they might even make more than 200k from the people who came during this period as well, but at the end of the day I am just saying from start of the lambo lottery to end of it, they probably didn't make 200k from it. Of course, it is marketing and some people came here hearing about the lambo and they stayed and even after lambo they will still be here and all that but that doesn't mean that people are actually paying that much money to buy all those tickets, maybe deposit and gain interest but not wagered millions to make freebitcoin profits at 200k range.
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hosseinimr93
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September 19, 2019, 08:46:44 PM |
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The win chance shown in lottery section of freebitco website is calculated wrong. The real win chance is bigger than what is shown. Now the win chance shown is equal to [(your tickets/total tickets)*100%]*10. It's wrong. The real win chance is bigger. Because the person who wins the first prize will no longer have the chance to win the second to tenth prize, and all his tickets are removed when next winners are being determined.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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September 20, 2019, 06:14:21 AM |
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Have anyone won a lottery at Freebitco ? I have tried my luck many times in this lottery but never won it. Even I used to solve the captcha at this site every hour but never got a big reward. Maybe I am not that lucky to go for a Lamborghini Not once, even with 10% chance. And then I see someone winning top prize with just a few tickets 10%?! You must have had around 15m-20m tickets! Where do you get all them from? Do you buy them? Its unusual for me to get anywhere near 0.05%! My highest ever was around 0.05% if I recall correctly too, and that was with me wagering really dangerously on nonstop auto (or rather setting max bets auto and repeating when it was over. Ended up losing quite a bit, but recovered some from all the RPs converted to satoshi. Never won the lottery too and I keep seeing people win with a few hundred or thousand. There's that famous 2 ticket winner too! I got a few ticks for Lambo, not even 50 yet, but hey, maybe my turn is coming;)
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darewaller
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September 20, 2019, 07:05:18 AM |
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I think you must have spent too long talking to The Village Idiot.
The guy has nothing to do here regarding to the topic we are talking about which is the lottery prize being offset for the Lambo. Btw, i take ideas/comments from both sides, you defend your casino, and he is a player which propose something might be hard to be true to the majorities but i am open to that including verify it because i am a player too. Understand that you need to defense your side but calling him, which is your customer, like that is not good There is no need to hold back on someone just because you are representing a casino, this is not even fully a casino, casino is a place people come to gamble and lose money, we literally have stuff that you can do without spending a single dime and earn money here. Aside from that if a person is an idiot, there is no other way around it but call him an idiot. If you can't calculate that when bitcoin was 3k the price was bigger in btc but lower in usd whereas when its 10k the price is lower in btc but higher in dollars than you either don't know math at all or you literally want to just hurt this casino on purpose and here on this topic we do not allow neither of those things as the people who have been using this website for years. I literally remember the time freebitcoin had ads, it has grown bigger and bigger every single day and I can testify to that.
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mole0815
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Join the world-leading crypto sportsbook NOW!
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September 20, 2019, 11:16:52 AM |
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there's a lot going on here and therefore it's almost impossible to follow all posts in the thread. are there people here who have caught the or one of the main prizes? if that's not necessarily supposed to be publicly posted here, that would of course be understandable as well
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STT
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Catalog Websites
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September 20, 2019, 12:38:44 PM |
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Theres a special thread for mentioning a big win, because posting on there gives a bonus for giving a code that is posted on the win. I did notice it a while back but not sure where exactly it is now, I would guess its given as a link to the person who wins one of the main prizes. I still do not get an exact percentage on how much we can get towards price surge BTC price moved from 9600 to 10400 just yesterday very rapidly and between two points already well known. That is 800 or 8% so speculating is always attractive in terms of gains vs just holding for interest but its alot less effort to just hold plus its very easy to get the speculation wrong. I've always been a fan of staking coins because they give mining fees to holders, seems like a good system to me but thats not BTC, maybe Doge will go that way and I know ETH kinda has a system to give a % to big holders who operate a node. I got a few ticks for Lambo, not even 50 yet, but hey, maybe my turn is coming;) I have literally won a main prize with a singular ticket before. 2 I figure is always sensible because it immediately doubles your chance and then every double from there is slightly harder to do unfortunately but hopefully everyone who wants a ticket has got one by now.
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Kakmakr
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Leading Crypto Sports Betting & Casino Platform
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September 20, 2019, 12:39:08 PM |
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there's a lot going on here and therefore it's almost impossible to follow all posts in the thread. are there people here who have caught the or one of the main prizes? if that's not necessarily supposed to be publicly posted here, that would of course be understandable as well Well, some individuals have reported with their own threads that they have won jackpots, like this : https://bitcointalk.org/index.php?topic=5094085.0 and some people has also asked this before, like this : https://bitcointalk.org/index.php?topic=1938150.0A lot of people are using this thread ----> https://bitcointalk.org/index.php?topic=1850855.0 to report their winnings to get a small extra bonus, after they reported it. The information is there, just use the forum search function.
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fullhdpixel
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September 20, 2019, 02:22:08 PM |
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The win chance shown in lottery section of freebitco website is calculated wrong. The real win chance is bigger than what is shown. Now the win chance shown is equal to [(your tickets/total tickets)*100%]*10. It's wrong. The real win chance is bigger. Because the person who wins the first prize will no longer have the chance to win the second to tenth prize, and all his tickets are removed when next winners are being determined.
Some people like you think lottery is something very easy to win, we are talking about odds that many people don't even bet on dice games, it is literally less than 0.1% chance most of the time, of course you will lose every single time because it is lottery and there are literally millions of tickets every single week, so you do not have a chance to win it 99.9%+ of the time every single week, don't look at it like dice players do where they think after 17 losses it must be a win on 18th because every single bet is a new one and every single lottery is a new one, you will end up losing every single time. A guy with 1 ticket technically has the same chance of winning the big bet as someone who has 1 million tickets, only 1 ticket will win an you do increase the chance by having more tickets but in the end there are so many combined that you are just another ticket holder among many.
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hosseinimr93
Legendary
Offline
Activity: 2534
Merit: 5629
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September 20, 2019, 07:47:51 PM |
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The win chance shown in lottery section of freebitco website is calculated wrong. The real win chance is bigger than what is shown. Now the win chance shown is equal to [(your tickets/total tickets)*100%]*10. It's wrong. The real win chance is bigger. Because the person who wins the first prize will no longer have the chance to win the second to tenth prize, and all his tickets are removed when next winners are being determined.
Some people like you think lottery is something very easy to win, we are talking about odds that many people don't even bet on dice games, it is literally less than 0.1% chance most of the time, of course you will lose every single time because it is lottery and there are literally millions of tickets every single week, so you do not have a chance to win it 99.9%+ of the time every single week, don't look at it like dice players do where they think after 17 losses it must be a win on 18th because every single bet is a new one and every single lottery is a new one, you will end up losing every single time. A guy with 1 ticket technically has the same chance of winning the big bet as someone who has 1 million tickets, only 1 ticket will win an you do increase the chance by having more tickets but in the end there are so many combined that you are just another ticket holder among many. It seems that you misunderstood me. I didn't talked about possibility of winning. I know how a lottery works. I know that some one who has only one ticket might win the lottery and there is no guarantee to win the lottery even if you have 1 million tickets. I know all of these. I just talked about the percentage of win chance which is shown in front of number of your tickets on the website. The win chance which is calculated there is wrong. I just talked about a mathematical calculation. I didn't talk about how a lottery works or how the winners are determined. I know everything is based on luck.
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JP Esq
Newbie
Offline
Activity: 11
Merit: 0
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September 20, 2019, 09:02:36 PM |
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The win chance shown in lottery section of freebitco website is calculated wrong. The real win chance is bigger than what is shown. Now the win chance shown is equal to [(your tickets/total tickets)*100%]*10. It's wrong. The real win chance is bigger. Because the person who wins the first prize will no longer have the chance to win the second to tenth prize, and all his tickets are removed when next winners are being determined.
Some people like you think lottery is something very easy to win, we are talking about odds that many people don't even bet on dice games, it is literally less than 0.1% chance most of the time, of course you will lose every single time because it is lottery and there are literally millions of tickets every single week, so you do not have a chance to win it 99.9%+ of the time every single week, don't look at it like dice players do where they think after 17 losses it must be a win on 18th because every single bet is a new one and every single lottery is a new one, you will end up losing every single time. A guy with 1 ticket technically has the same chance of winning the big bet as someone who has 1 million tickets, only 1 ticket will win an you do increase the chance by having more tickets but in the end there are so many combined that you are just another ticket holder among many. It seems that you misunderstood me. I didn't talked about possibility of winning. I know how a lottery works. I know that some one who has only one ticket might win the lottery and there is no guarantee to win the lottery even if you have 1 million tickets. I know all of these. I just talked about the percentage of win chance which is shown in front of number of your tickets on the website. The win chance which is calculated there is wrong. I just talked about a mathematical calculation. I didn't talk about how a lottery works or how the winners are determined. I know everything is based on luck. Technically, you're correct. However, the actual win percentage is unknown before the draw because nobody knows how many tickets each of the ten winners will hold. To be more precise, the caption should say something like: " minimum win percentage". In a lot of cases, I would guess that the actual number isnt much higher then the displayed number.
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JohnBitCo
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September 20, 2019, 10:35:10 PM |
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The win chance shown in lottery section of freebitco website is calculated wrong. The real win chance is bigger than what is shown. Now the win chance shown is equal to [(your tickets/total tickets)*100%]*10. It's wrong. The real win chance is bigger. Because the person who wins the first prize will no longer have the chance to win the second to tenth prize, and all his tickets are removed when next winners are being determined.
Even then I have not heard form anyone here if they had won a lottery. Few of my friends also play at freebitco and they also did not win any big prize. I wonder if this lottery system is fair ?
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JP Esq
Newbie
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Activity: 11
Merit: 0
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September 20, 2019, 11:07:31 PM |
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The win chance shown in lottery section of freebitco website is calculated wrong. The real win chance is bigger than what is shown. Now the win chance shown is equal to [(your tickets/total tickets)*100%]*10. It's wrong. The real win chance is bigger. Because the person who wins the first prize will no longer have the chance to win the second to tenth prize, and all his tickets are removed when next winners are being determined.
Even then I have not heard form anyone here if they had won a lottery. Few of my friends also play at freebitco and they also did not win any big prize. I wonder if this lottery system is fair ? For what its worth, I believe the lottery to be fair. But I can see why the perception otherwise can exist. One possibility to help the situation might be if more prizes were paid out (hence, more likely to receive anecdotal confirmation.) Wouldnt even necessarily need an increase in the overall pot value either.
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LTU_btc
Legendary
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Activity: 3192
Merit: 1364
Slava Ukraini!
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September 20, 2019, 11:18:22 PM |
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Even then I have not heard form anyone here if they had won a lottery. Few of my friends also play at freebitco and they also did not win any big prize. I wonder if this lottery system is fair ? Is it so difficult to check lottery page before talking nonsense? Lottery is provably fair and on their page everything is explained in detail. Fact that you and your friends haven't won anything isn't an argument. There is over 200 000 000 lottery tickets each week. Is it very likely that you or your friend with few hundreds tickets can win? And it's not so diicult to find posts, where people posted proofs that they had won in Freebitco.in lottery.
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Lakai01
Legendary
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Activity: 2436
Merit: 2880
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September 21, 2019, 05:02:55 AM |
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Even then I have not heard form anyone here if they had won a lottery. Few of my friends also play at freebitco and they also did not win any big prize. I wonder if this lottery system is fair ? Recap how many people you know who have won in the standard lottery of your state? I am quite sure it's "none", would you call the States lottery unfair, too? Regarding the freebitco.in lottery: There are millions of players all over the world, chances that you know someone who has won in the lottery personally are extremly low, just do the math.
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