slaman29
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September 23, 2019, 05:56:26 AM |
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1 ticket costs only 1 satoshi. You don't need to wager 500 sats to get 1 ticket. Wagering to get tickets is stupid. Just get 500 tickets instead.
If I straight up buy tickets, that's always -EV. Due to the way their sports system is setup, it's possible to get a +EV bet and free tickets. The lottery is extremely -EV if you buy tickets as the pot is much lower than a 1 ticket:1 sat ratio, so I would argue the other side and say that buying tickets is stupid, while wagering and getting tickets as a bonus is the way to go. I don't know what the logic is about getting tickets with satoshi either. Unless all you do is freeroll and you use freeroll satoshi to get tickets, then you're basically just losing time. I'd like to see something come out of my captcha time! Sports system I'm not sure how it becomes +EV though. I've bet there but I see the odds are really not so good.
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oaz7t
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September 23, 2019, 06:47:40 AM |
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Why this thread is still active. Is it even active content over freebitco?
Because last time I checked they are not giving away any Lambhorgini. Lolz.
Freebitco is obviously great platform to play the game and win each hour. The only trusted site with huge returns. I believe they have stopped such promotions and its worthless to keep commenting on this thread.
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TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 23, 2019, 07:04:57 AM |
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Why this thread is still active. Is it even active content over freebitco?
Because last time I checked they are not giving away any Lambhorgini. Lolz.
Freebitco is obviously great platform to play the game and win each hour. The only trusted site with huge returns. I believe they have stopped such promotions and its worthless to keep commenting on this thread.
I suggest you check again. We are giving away a Lambo.
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Kakmakr
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September 23, 2019, 10:22:47 AM |
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Can we have a bet for the Winner of the Rugby World cup now please, before it becomes to evident who would be winning the cup. As more games are played, it would be easier to see who the dominant contender would be and then the odds would be too easy to guess. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Currently I think the strongest contenders are the All Blacks / South Africa / Australia / England ...but there are some teams like Whales and Ireland with a outside chance to take it. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Would it be possible? I see some bets on the site, but I think we should start with the Winner of the Cup now. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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TheQuin
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September 23, 2019, 10:52:32 AM |
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Can we have a bet for the Winner of the Rugby World cup now please, before it becomes to evident who would be winning the cup. As more games are played, it would be easier to see who the dominant contender would be and then the odds would be too easy to guess. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Currently I think the strongest contenders are the All Blacks / South Africa / Australia / England ...but there are some teams like Whales and Ireland with a outside chance to take it. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Would it be possible? I see some bets on the site, but I think we should start with the Winner of the Cup now. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I thought I would try something different this time. Most of the group stage games are very one-sided so I am going to add the games individually from the quarter-finals onwards.
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STT
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September 23, 2019, 10:54:41 AM Last edit: September 28, 2019, 11:39:09 PM by STT |
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Wales are going to win it, its their game to take back and Japan is quite rainy at present which is the natural environment for anyone from Walesnot giving away any Lambhorgini They are 100% giving me a Lamborghini in about 38 days from now or 200k in BTC One of these as a wrap would be a good choice imo You might not realise this but if you got a dual-boot system You should be in tech support, you called it just right. Vast majority of problems in tech support tickets are simple issues misunderstood through the muddy kaleidoscope which is human perception so you nailed it basically.
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░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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Adam556
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September 23, 2019, 12:04:22 PM |
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Why this thread is still active. Is it even active content over freebitco?
Because last time I checked they are not giving away any Lambhorgini. Lolz.
Freebitco is obviously great platform to play the game and win each hour. The only trusted site with huge returns. I believe they have stopped such promotions and its worthless to keep commenting on this thread.
Haha, no offence buddy, but epic information fail.
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epidemia
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September 23, 2019, 04:01:57 PM |
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Hello everybody. Are there representatives of this project in this topic? Does the project team plan to add new football matches in the sports betting section in the future? For example, more English Premier League matches or UEFA Europa League matches. I have asked before...but no one answered me...Thank/
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hosseinimr93
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September 23, 2019, 05:14:55 PM |
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Sports system I'm not sure how it becomes +EV though. I've bet there but I see the odds are really not so good.
Since the odds are always against gamblers, the expected value in negative. But sometimes gamblers use their own probability for calculating the expected value. If the probability of an outcome differs from what the odds are determined base on, the expected value can be positive.
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davinchi
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September 23, 2019, 07:33:36 PM |
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There is 30+ days left (38-37?) so it is definitely still going on and will continue for another month and change. I have been putting all my affiliate income into it, since I make more every single day that means I buy more tickets everyday as well, at first I literally bought anytime I reached 25k satoshi but now I find it tiring and since I still have time I do it periodically like once a week or so, I will probably do another wholesale purchase couple weeks before the timer runs out and than once again right before it ends.
However, I should be forward and say that I don't care about the lambo at all, that is useless to me because I don't want it, I am more excited about the possibility of getting 200!! thousand dollars worth of bitcoins, couple that with 4% interest I will be living a great life (we can keep that 200k and earn interest right thequin?).
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mindrust
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September 23, 2019, 07:41:05 PM |
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However, I should be forward and say that I don't care about the lambo at all, that is useless to me because I don't want it, I am more excited about the possibility of getting 200!! thousand dollars worth of bitcoins, couple that with 4% interest I will be living a great life (we can keep that 200k and earn interest right thequin?).
200k is 20btc right now. I am watching freebitco.in's payout addresses from time to time. There are indeed people with 20+ btc in that website. (saw withdrawals that big) But the amount is already quite big you could also buy a house and rent it. There are many options too choose from with $200k.
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DarkStar_
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September 23, 2019, 09:59:18 PM |
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If you want +EV any move you make other than clicking the free roll button is stupid.
Want profits? Then collect interest and play free rolls only.
Everybody knows gambling isn't about getting +EV. It is about luck. (Well maybe not everyone)
Tell that to professional sports bettors and poker players ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) The point is, if you're trying to make a profit from gambling (which is what everyone wants), you have a much better chance of winning by playing dice or sports than from buying lottery tickets at FreeBitco.in. If you want +EV any move you make other than clicking the free roll button is stupid.
Let's take a look at a the Arsenal - Aston Villa match that settled recently. The option of Draw closed at odds of 7.9 with a 0x multiplier, or up to 14.8 with a 100x multiplier. A fair game would offer a 6.75% chance of winning with 14.8 odds. On Pinnacle (generally considered the sharpest book), the Arsenal - Aston Villa match closed with odds of Draw at 5.23. When you take into account the odds of the other options, the fair probability of a Draw occurring is 18.61%. This is very clearly a +EV move. But hey, you can keep sticking to your free rolls if you want.
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taking a break - expect delayed responses
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Kakmakr
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September 24, 2019, 09:22:19 AM |
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Can we have a bet for the Winner of the Rugby World cup now please, before it becomes to evident who would be winning the cup. As more games are played, it would be easier to see who the dominant contender would be and then the odds would be too easy to guess. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Currently I think the strongest contenders are the All Blacks / South Africa / Australia / England ...but there are some teams like Whales and Ireland with a outside chance to take it. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Would it be possible? I see some bets on the site, but I think we should start with the Winner of the Cup now. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I thought I would try something different this time. Most of the group stage games are very one-sided so I am going to add the games individually from the quarter-finals onwards. OK, that make sense... I was just worried that the closer we get to the quarter-finals and the semi-finals, that it would become too easy to spot the ultimate winner. Most people think the All Blacks will take it, because they won the game against South Africa and because they are the number 1 team on the world rankings, but I think we will see a upset in this World Cup. <The All Blacks struggled with the high humidity and teams like England / Ireland from the northern hemisphere will have some advantage, because they are used to that kind of wet weather. How much in advance will we be able to place our bets on these quarter-final matches?
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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TheQuin
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September 24, 2019, 09:36:22 AM |
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How much in advance will we be able to place our bets on these quarter-final matches?
I'll try and get them up as soon as I know the lineup and schedule.
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mindrust
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September 24, 2019, 09:42:47 AM Last edit: September 24, 2019, 09:55:33 AM by mindrust |
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Tell that to professional sports bettors and poker players ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Magic words. Professional bettors. I wonder how many of freebitco.in's player base call themselves pro's. You can't be a pro if you don't make a living out of it. But hey, you can keep sticking to your free rolls if you want.
I don't think it is +EV when you lose. (In your example, Arsenal won, it wasn't a draw) Your calculations don't take the probability of landing on a fixed result match neither. (yeah sometimes people cheat) All I am saying is, you can increase your chances by doing fancy calculations, to an extent but in the end it is still about your luck. +EV is not guaranteed. Clicking the button however, is %100 +EV, that's why it pays so little.
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Muttley
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September 24, 2019, 01:37:10 PM |
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I don't think it is +EV when you lose. (In your example, Arsenal won, it wasn't a draw)
Your calculations don't take the probability of landing on a fixed result match neither. (yeah sometimes people cheat)
All I am saying is, you can increase your chances by doing fancy calculations, to an extent but in the end it is still about your luck. +EV is not guaranteed.
Clicking the button however, is %100 +EV, that's why it pays so little.
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It is +EV if you arb laying this result with lower odds, on an exchange bookie, like Betfair. If Admin uses fixed odds (as I suggested before), clonig Pinnacle odds, for example, the total amount of bets woud increase exponencially.
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DarkStar_
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September 24, 2019, 01:42:15 PM |
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Tell that to professional sports bettors and poker players ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Magic words. Professional bettors. I wonder how many of freebitco.in's player base call themselves pro's. You can't be a pro if you don't make a living out of it. Probably not a lot. But even one is still infinitely times more than your blanket statement that no one gambles for +EV. But hey, you can keep sticking to your free rolls if you want.
I don't think it is +EV when you lose. (In your example, Arsenal won, it wasn't a draw) Your calculations don't take the probability of landing on a fixed result match neither. (yeah sometimes people cheat) All I am saying is, you can increase your chances by doing fancy calculations, to an extent but in the end it is still about your luck. +EV is not guaranteed. Clicking the button however, is %100 +EV, that's why it pays so little. That's not how EV works. Positive Expected Value means that for each bet placed, you're expected to profit that much. Basically a negative house edge. However, there's still short term variance, so you could win or lose a lot more. It should balance out in the long run though. I'll put it in simple terms for you: If I give you a 1/6 chance of winning, but give you a payout of 14x, are you expected to make a profit in the long run? (Hint: the answer is yes) +EV can be guaranteed if you know what you're doing. Keep in mind that we're talking about the English Premier League, the largest and most watched soccer league in the world. I'm not going to pretend that the chances are absolutely 0 without knowing but I'm talking about, but the chances are low enough that I don't care. It's certainly not a larger than 6% chance and even then, the outcome could still be fixed on what I'm betting on. This isn't some third tier Norwegian football being played here.
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taking a break - expect delayed responses
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mindrust
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September 24, 2019, 01:53:28 PM |
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Sorry, not buying that. If it was that simple too many people would abuse freebitco.in's high +EV odds and send the casino to bankruptcy.
Do you do it?
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redsun114
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September 24, 2019, 02:51:23 PM |
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I don't think it is +EV when you lose. (In your example, Arsenal won, it wasn't a draw)
Your calculations don't take the probability of landing on a fixed result match neither. (yeah sometimes people cheat)
All I am saying is, you can increase your chances by doing fancy calculations, to an extent but in the end it is still about your luck. +EV is not guaranteed.
Clicking the button however, is %100 +EV, that's why it pays so little.
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It is +EV if you arb laying this result with lower odds, on an exchange bookie, like Betfair. If Admin uses fixed odds (as I suggested before), clonig Pinnacle odds, for example, the total amount of bets woud increase exponencially.
I can totally understand poker and sportsbooks, there are +ev possibilities in those when the time is right, don't get me wrong they are not +ev at every single time or bet, but there are those possibilities at least. However, dice is rarely ever +ev in any case, maybe if a place is giving a contest or promotion that makes you get more in return of what you wager because they lack other players who wager and you win by luck and by lack of other gamblers but usually even those are not +ev at all. Dice is a house edged game where nobody wins but the house, you may get lucky once or twice but if you long time enough and wager long enough you will lose all the time. Lottery is not +ev or negative, its between players, there is no house edge because house doesn't win anything.
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DarkStar_
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September 24, 2019, 03:19:23 PM |
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Sorry, not buying that. If it was that simple too many people would abuse freebitco.in's high +EV odds and send the casino to bankruptcy.
Do you do it?
You should also learn how a pari-mutuel betting system works; it's based on the amount that players bet on the other outcome. FreeBitcoin takes a flat 5% on bets, and the rest of the money is in the pool. If too many people bet on it, the odds drop and it's no longer +EV. I wasn't on the Arsenal match but I've placed a few +EV bets, yes. @redsun114 I don't know if they take a cut for lottery but they put in a lot of free tickets without increasing the pool by a proportional amount. Thus, the lottery is very -EV even if the house doesn't profit in it.
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taking a break - expect delayed responses
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