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

[JP Esq]

Is there a problem with the India V South Africa and Pakistan V Sri Lanka betting?

Both matches have finished and yet the status is still "pending".

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[Indymoney]

Is there a problem with the India V South Africa and Pakistan V Sri Lanka betting?

Both matches have finished and yet the status is still "pending".

Mostly this take some time so you have to wait hopefully in next few hours all will be settled because mostly I have my wins after 10 to 12 hours so wait all will be ok in next few hours.

[hosseinimr93]

Is there a problem with the India V South Africa and Pakistan V Sri Lanka betting?

Both matches have finished and yet the status is still "pending".

It's normal. Status of bets always becomes "pending" after the match ends.
According to what the website says, winners will be paid out within 48 hours after the match ends.
The last time I bet, I remember it took about half a day.

[STT]

Well, looking at the ticket pool right now, I have a feeling a whale would win the Lambo. After all, it's like a leaderboard.

It wont be like that exactly, whales may register individually as having many tickets but there are possibly a million smaller holders.   En mass the smaller ticket holder represents a greater proportion and more likely to show up as the winner.    I expect its at least 50/50 between a large holder or someone with only a few tickets winning.

India

India has 40% of the population with some access to the internet.   It really is unfortunate this is the case as they have some irregular economy which is making the actual cost of access quite low however the population is still not rich overall and many cannot get equipment to be online.    China is not a free country, some countries block gambling if they do not pay taxes towards that government

The tale with some south american countries is they have been rich at one time or another but have suffered poor economies recently.    I'm surprised Nigeria or somewhere doesnt show up more as I'm always getting email from there :p.    Russia and large parts of eastern europe are quite empty comparatively.   Kazakhstan is the same size as Europe with the population of 2 British cities.

[Lakai01]

Well, looking at the ticket pool right now, I have a feeling a whale would win the Lambo. After all, it's like a leaderboard.

It wont be like that exactly, whales may register individually as having many tickets but there are possibly a million smaller holders.   En mass the smaller ticket holder represents a greater proportion and more likely to show up as the winner.    I expect its at least 50/50 between a large holder or someone with only a few tickets winning.
-snip-

It's like in the state lottery where you have to guess 6 numbers out of 45 right, for example. Someone could place 50% of all bets (and spend a lot of money therefore), but this doesn't imply that he will win but chances are very high, though.
Anyways ... A whale has to spend a lot of money to get that many golden tickets, I am not sure why he doesn't simply take this money and buys the lambo straight away

[Oasisman]

Well, looking at the ticket pool right now, I have a feeling a whale would win the Lambo. After all, it's like a leaderboard.

It wont be like that exactly, whales may register individually as having many tickets but there are possibly a million smaller holders.   En mass the smaller ticket holder represents a greater proportion and more likely to show up as the winner.    I expect its at least 50/50 between a large holder or someone with only a few tickets winning.
-snip-

It's like in the state lottery where you have to guess 6 numbers out of 45 right, for example. Someone could place 50% of all bets (and spend a lot of money therefore), but this doesn't imply that he will win but chances are very high, though.
Anyways ... A whale has to spend a lot of money to get that many golden tickets, I am not sure why he doesn't simply take this money and buys the lambo straight away

Am I getting this correct, that If you're going to make a deposit at freebitco.in, you'll 1 free golden ticket? Then you could also get another free golden ticket every time you wager/bet? Or directly purchase a golden ticket.
I think thats better than just purchasing a Lambo straight away. As long as you didnt spend more than the value of the Lambo. Of course you still have a chance to win while gambling plus you get free tickets. 😁

[UserU]

Am I getting this correct, that If you're going to make a deposit at freebitco.in, you'll 1 free golden ticket? Then you could also get another free golden ticket every time you wager/bet? Or directly purchase a golden ticket.
I think thats better than just purchasing a Lambo straight away. As long as you didnt spend more than the value of the Lambo. Of course you still have a chance to win while gambling plus you get free tickets. 😁

Yes, but the deposit condition is subjected to certain intervals (e.g. certain days) and the amount has to be at least 0.05. Given the current price at roughly 8K, that's more than 400 US dollars.

For betting, 0.005 and above entitles you to 1 ticket.

Definitely not fully spending on a Lambo is what we hope for but with over 5 million entries, treat it as another lottery

[Kakmakr]

It does make sense that most traffic are coming from countries where there are high unemployment and third world countries.

I don't think so.
India has higher unemployment rate than Russia and also much larger population.
The unemployment rate in India is 6% and in Russia is 4.3% [Ref.]. Also, the population of India is 10 times the population of Russia [Ref.]. But we don't see India in third top visitors of freebitco.

Yes, that might be true, but it boils down to the level of access to the Internet, because those people will have to have access to the Internet to access Freebitco.in.    Russia have very good access to the Internet in their main cities and a lot of their citizens are concentrated in these large cities.

India have a large distribution of people working in more rural or agricultural areas, where there are not that much access to the Internet. You also have a lot of people living in informal housing, where there are no electricity and no Internet access. 

[Betwrong]

~
So one golden ticket will cost you 0.05 BTC which is roughly 400 dollars. ~

No, that's not the price for one ticket. In fact, you can buy 200 tickets for 0.05 BTC.

If you have something on your balance, you can just go to GOLDEN TICKET section, scroll down to this:



and purchase 1 ticket for 25k sats. That's what I did when the lottery only started, and my win chance, if I remember correctly, was around 0.05% at first. Today my win chance is 0.00001910%, but I'm not losing hope. After all, only if you have zero tickets you can be absolutely sure that you won't win.

[mindrust]

I am pretty sure most people (whales) didn't pay for the golden tickets. They probably got their tickets by making huge deposits on the website. In and out every time the opportunity pops. You can get  thousands of tickets for free using that way.

[Oasisman]

Am I getting this correct, that If you're going to make a deposit at freebitco.in, you'll 1 free golden ticket? Then you could also get another free golden ticket every time you wager/bet? Or directly purchase a golden ticket.
I think thats better than just purchasing a Lambo straight away. As long as you didnt spend more than the value of the Lambo. Of course you still have a chance to win while gambling plus you get free tickets. 😁

Yes, but the deposit condition is subjected to certain intervals (e.g. certain days) and the amount has to be at least 0.05. Given the current price at roughly 8K, that's more than 400 US dollars.

I see, I was really wondering, a whale could easily deposit large percentage of their asset and get free tickets every 0.005btc. It turns out theres an interval to avail the free ticket every deposit.

Definitely not fully spending on a Lambo is what we hope for but with over 5 million entries, treat it as another lottery

What the heck! Thats a lot, good luck to your entries then. Thanks for the clarification above anyway.

[UserU]

I see, I was really wondering, a whale could easily deposit large percentage of their asset and get free tickets every 0.005btc. It turns out theres an interval to avail the free ticket every deposit.

Yup, you'll see this when it's up

What the heck! Thats a lot, good luck to your entries then. Thanks for the clarification above anyway.

Thanks, but I don't have a single ticket

[Herbert2020]

Definitely not fully spending on a Lambo is what we hope for but with over 5 million entries, treat it as another lottery

What the heck! Thats a lot, good luck to your entries then. Thanks for the clarification above anyway.

actually 5 million is very very low compared to their lottery and also considering the prize!!!
the current number of tickets to win the Lambo which is worth $200k (~24BTC) is 5.2 million. then which had the highest prize for last round at 0.3BTC had 245 million tickets!
that is a gigantic difference, you can get a much higher chance of winning a much bigger prize in their Golden ticket section.

[STT]

It's like in the state lottery where you have to guess 6 numbers out of 45 right, for example. Someone could place 50% of all bets (and spend a lot of money therefore), but this doesn't imply that he will win but chances are very high, though.

The way I was counting it was the section of whales and the section of normal size bettors and golden ticket holders, which of these two groups is going to win.    The whales say might have 200 tickets but there is only a thousand of them where as maybe we have 100,000 little bettors on the site with 2 tickets each.   The chances of either a whale or the normal punter is equal because each section in total has the same amount of tickets.  

  I dont know where the distribution lies exactly but I will not be that surprised if the winning gold ticket holder for the Lamborghini turns out to have only ever got a couple tickets.   Amazing but theres tons of guys like that, so one of us has a chance to win at least.    
  This same dynamic is why I quite quickly disregard all the whale theories on what drives price, do not underestimate the little guy not when theres 7 billion people in the world.   The bigger audience always matters more and in terms of crypto it's where we are going to see the growth come from and imo the driving force for crypto is the people, hopefully every good business recognises this.

[bitgolden]

What happens if a whale just deposits money, gets free gold tickets then he withdraws his money, then he deposits again the same money? I know he will lose a bit on withdrawals and deposits from the transaction fee's but if he uses big enough money then the fee could be small comparatively.

No need for me to know what happens if someone does that because I don't even have 1 bitcoin to my name but at least would love to know just because of curiosity. In any case, I used to purchase tickets directly but decided to just give myself a chance on the dice for a while, never liked dice to be honest but I saw the chance and took it, it gave me some free as well to roll, so I gambled until I had zero to see how much I would make, I actually made more than I could with the direct purchasing, lost the same amount of money but had 2 more tickets.

[hosseinimr93]

actually 5 million is very very low compared to their lottery and also considering the prize!!!
the current number of tickets to win the Lambo which is worth $200k (~24BTC) is 5.2 million. then which had the highest prize for last round at 0.3BTC had 245 million tickets!
that is a gigantic difference, you can get a much higher chance of winning a much bigger prize in their Golden ticket section.

Cannot compare Lambo tickets with weekly lottery tickets.
1. You can buy weekly lottery tickets at 1 Satoshi. But 1 Lambo ticket costs you 25,000 Satoshis.
2. You can get 1 weekly lottery ticket for every 500 Satoshis you wager. But for receiving 1 Lambo ticket you need to wager 500K satoshis.
3. You can get 2 free lottery tickets  for every free roll you play
4. You can get free lottery tickets for the games your referrals play.

Generally, total Lambo tickets are fewer. But the tickets that everyone has are also fewer.
The total number of tickets does not matter. The important thing is the ratio of number of your tickets to the total number of tickets

[Betwrong]

~
Generally, total Lambo tickets are fewer. But the tickets that everyone has are also fewer.
The total number of tickets does not matter. The important thing is the ratio of number of your tickets to the total number of tickets

Right, in fact, it's practically impossible to have only one ticket for the weekly lottery. Even if you don't buy the tickets, don't play Multiply BTC game, don't have any referrals, you are going to have around 70 tickets by making just 5 free rolls per day.

Yet I think it's an interesting observation, made by @Herbert2020 here. I personally have never thought that my chance of winning the weekly lottery with 70 tickets

70 ÷ 256,000,000 x 100% = 0.00002734%

is almost the same as that of winning the Lambo with 1 ticket:



I mean, after reading many times about how many Golden Tickets have been distributed already, I had a feeling that my chance of winning the Lambo was incomparably smaller than that of winning the weekly lottery.

[UserU]

Still better than none though!

You wagered?

[Nadziratel]

Still better than none though!

You wagered?

I've been on the platform for a long time. I buy tickets at least 10 times a day and I have never won anything. Can anyone win?

[STT]

I'll have to double check with my local Einstein but I think 0.00002734 equates on a weekly draw to a win every 36,576 weeks.    So you really need to be raising your ticket game if you want to win once in a lifetime because thats 703 years.   You can win if you have reasonable odds otherwise you are wishing on a star basically.
   If 70 tickets can be bought with 70 satoshi which has never been alot of value especially then its not really something to complain about.  Lottery generally has super long odds but its extremely simple to enter, play and takes no time and thats the advantage.   If you want the best odds, dedicate every evening to training to be the best Poker player in the world or something like that I guess