Lakai01
Legendary
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Activity: 2436
Merit: 2894
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November 18, 2019, 04:56:34 AM |
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Check the contest page
HOLY COW! dude gambled 136 bitcoins? That is a ton of money to put in for just one contest but I am sure you guys keep getting it all the time. He probably doesn't care about being the third or even the first considering dude had enough money to gamble 136 bitcoins, lottery was never really 10+ btc in the history of freebitcoin as far as I remember (and I am pretty sure about it). 136 BTC is quite a number. It is for sure a bot which constantly auto bets with eg. 0.00001 BTC. I dont think that there is someone out there thinking "today I am feeling lucky, lets roll with 100 BTC" But still a very impressive number ...
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TheQuin
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November 18, 2019, 06:04:25 AM |
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I dont think that there is someone out there thinking "today I am feeling lucky, lets roll with 100 BTC" But still a very impressive number ... There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
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Kakmakr
Legendary
Offline
Activity: 3542
Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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November 18, 2019, 06:58:27 AM |
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I think this is the hidden gem of this site that are overlooked by the majority of the people that are criticizing faucets. They look at the 100 some odd Satoshi that the site is giving and missing the referral income potential that the site is offering as a passive income. Most of my referrals are inactive now, because most "new" users only do the faucet thing for a while and when they realize that 100 Satoshi is not a lot of money, then they simply give up. If they just took the time to dig a little deeper, they would have found the real gems on this site. < I now get a lot of free Satoshi per day without solving any Capthas or having to use the faucet feature, because my balance on the site is getting 4.08% interest.> The hourly faucet is not 100 satoshi. That's very lower for new users. They can get only 23 satoshi per hour. With wagering, the amount of free satoshis you can get per hour increases. That's why you are now getting 100 sotoshi per hour. If you wager, the amount of base hourly faucet can increase up to 19 times. I used the 100 Satoshi as an example and I never said per hour. Most people use the faucet only for say between 6 and 8 times a day, so their combined income from the faucet per day would be about 100+ Satoshi. The point still stand that most people are looking at the small amount of Satoshi that you get from the faucet activity and they are missing all the other nice features on the site to make some very good passive income.
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keyscore44
Legendary
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Activity: 2002
Merit: 1016
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November 18, 2019, 10:02:12 AM |
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I dont think that there is someone out there thinking "today I am feeling lucky, lets roll with 100 BTC" But still a very impressive number ... There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that. Yep, big balls, or 5k BTC in wallet But 20 BTC is the biggest win, or the biggest bet? About the guy that have played 136 BTC, it for sure is some bot that play little amounts without a break - Is this allowed by Freebitco.in?
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UserU
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November 18, 2019, 12:44:05 PM |
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There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
Do those HRs mainly Martingale? Palms be sweaty, knees weak, arms are heavy each time the bet is doubled.
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Juggy777
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November 18, 2019, 01:41:44 PM |
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Check the contest page to see where the 3rd place winner got their lottery tickets from.
HOLY COW! dude gambled 136 bitcoins? It seems that there is a close contest going on between the top 2 users on the freebitco contest page, as both have wagered around 138, and 100 bitcoins respectively. About the guy that have played 136 BTC, it for sure is some bot that play little amounts without a break - Is this allowed by Freebitco.in?
@keyscore44 do you have any proof that he has used outside bots to place his bets, if yes then you should contact freebitco staff and they’ll investigate it for you. Though I feel he has not used any shady techniques at max he may have used the auto bets feature to place his bets.
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Lakai01
Legendary
Offline
Activity: 2436
Merit: 2894
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November 18, 2019, 06:12:51 PM |
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There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
Do those HRs mainly Martingale? Palms be sweaty, knees weak, arms are heavy each time the bet is doubled. Depends on his stack I think. You shouldnt stick to Martingale if your bankroll isnt huge or you may get wracked in no matter of time. Imagine he starts with 1 BTC and has a loss streak for eg 5 games. He would have lost 1 + 2 + 4 + 8 + 16 BTC at the blink of an eye.
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redsun114
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November 18, 2019, 07:09:47 PM |
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I wonder when will freebitco.in actually have "staking" option eventually, I know they are mainly a bitcoin website but considering these dudes put on top of everything they have ever done so far, it feels like maybe another coin could be in their radar? It is doubtful and it is a lot of work to integrate any other coin but that seems like the logical next step in the end, not now, no any time soon but considering this website has been in operation for 120 years now it is only logical that one day in the distant future they may actually have other coins and have staking because that is also free money to people as well. They already have some sort of "staking" for bitcoin where they give 4% for it and no other place I know does anything remotely same as that, so it doesn't look too impossible.
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veleten
Legendary
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Activity: 2016
Merit: 1106
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November 18, 2019, 07:59:51 PM |
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There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
Do those HRs mainly Martingale? Palms be sweaty, knees weak, arms are heavy each time the bet is doubled. Depends on his stack I think. You shouldnt stick to Martingale if your bankroll isnt huge or you may get wracked in no matter of time. Imagine he starts with 1 BTC and has a loss streak for eg 5 games. He would have lost 1 + 2 + 4 + 8 + 16 BTC at the blink of an eye. I know that in good old times there were so many whales betting huge amounts of coins at freebitcoin I saw 1-5 btc bets fly , but it was when bitcoin price reached 200$ , so then it was 200-1000$ per bet today an 0.01 bet is considered HR and I don't n see people bet 1 btc at freebitcoin anymore , maybe because the whales migrated to the sites with a lower house edge , maybe because there are less people who got their coins close to nothing , cheap and martingaling with a 1 btc base and a 20 btc cap is suicidal , you get five reds in 2x every hundred bets or so
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JP Esq
Newbie
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Activity: 11
Merit: 0
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November 18, 2019, 09:52:44 PM |
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Any chance we could have this weekends English Premier League and La Liga matches added to the betting section? Its a been a while since weve had the chance to bet on these matches. Thanks in advance if possible.
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TheQuin
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November 19, 2019, 02:50:51 AM |
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@keyscore44 do you have any proof that he has used outside bots to place his bets, if yes then you should contact freebitco staff and they’ll investigate it for you. Though I feel he has not used any shady techniques at max he may have used the auto bets feature to place his bets.
There's no problem with using a dicebot. Multi-accounting to make extra free rolls and self-referring are the only things that get people in trouble.
Any chance we could have this weekends English Premier League and La Liga matches added to the betting section? Its a been a while since weve had the chance to bet on these matches. Thanks in advance if possible.
Yes.
There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
Do those HRs mainly Martingale? Palms be sweaty, knees weak, arms are heavy each time the bet is doubled. A mixture of all sorts but going all-in on one big bet is unusual.
But 20 BTC is the biggest win, or the biggest bet?
Biggest win on each roll so, therefore, the biggest bet is determined by the multiplier used.
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mindrust
Legendary
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Activity: 3388
Merit: 2508
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November 19, 2019, 05:43:10 AM |
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There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
Do those HRs mainly Martingale? Palms be sweaty, knees weak, arms are heavy each time the bet is doubled. Depends on his stack I think. You shouldnt stick to Martingale if your bankroll isnt huge or you may get wracked in no matter of time. Imagine he starts with 1 BTC and has a loss streak for eg 5 games. He would have lost 1 + 2 + 4 + 8 + 16 BTC at the blink of an eye. You shouldn't stick to martingale unless your bankroll is infinite. I repeat, INFINITE. No matter what the amount is, 1 or 100 or even 1000+, sooner or later there will be a round where you'll have to go all in to save your initial bet which is probably a few thousand sats. If it is lower, it is even worse.
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UserU
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November 19, 2019, 05:55:12 AM |
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Depends on his stack I think. You shouldnt stick to Martingale if your bankroll isnt huge or you may get wracked in no matter of time. Imagine he starts with 1 BTC and has a loss streak for eg 5 games. He would have lost 1 + 2 + 4 + 8 + 16 BTC at the blink of an eye.
You shouldn't stick to martingale unless your bankroll is infinite. I repeat, INFINITE. No matter what the amount is, 1 or 100 or even 1000+, sooner or later there will be a round where you'll have to go all in to save your initial bet which is probably a few thousand sats. If it is lower, it is even worse. True that. There was a time I started with 4-digits Sats and the whole thing ended up nomming almost 1 BTC. I was on a loss streak of almost 15 rounds!
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Betwrong
Legendary
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Activity: 3416
Merit: 2217
I stand with Ukraine.
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November 19, 2019, 09:21:55 AM |
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There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
Do those HRs mainly Martingale? Palms be sweaty, knees weak, arms are heavy each time the bet is doubled. Depends on his stack I think. You shouldnt stick to Martingale if your bankroll isnt huge or you may get wracked in no matter of time. Imagine he starts with 1 BTC and has a loss streak for eg 5 games. He would have lost 1 + 2 + 4 + 8 + 16 BTC at the blink of an eye. You shouldn't stick to martingale unless your bankroll is infinite. I repeat, INFINITE. No matter what the amount is, 1 or 100 or even 1000+, sooner or later there will be a round where you'll have to go all in to save your initial bet which is probably a few thousand sats. If it is lower, it is even worse. The thing is that there is a cap on the max win, which is 20 BTC, so even an infinite bankroll wouldn't help you much. If we take UserU's sequence as an example, after losing 16 BTC with your last bet, or 1 + 2 + 4 + 8 + 16 = 31 BTC in total you have no chances of getting it back with your next bet, because you can't bet 32 BTC with 47.50% win chance. What you can do is to bet 32 BTC with 57.58% win chance (1.65x payout), an win 20 BTC back in the best case scenario, but that's not what players usually expect from martingale.
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mindrust
Legendary
Offline
Activity: 3388
Merit: 2508
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November 19, 2019, 09:56:17 AM |
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There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
Do those HRs mainly Martingale? Palms be sweaty, knees weak, arms are heavy each time the bet is doubled. Depends on his stack I think. You shouldnt stick to Martingale if your bankroll isnt huge or you may get wracked in no matter of time. Imagine he starts with 1 BTC and has a loss streak for eg 5 games. He would have lost 1 + 2 + 4 + 8 + 16 BTC at the blink of an eye. You shouldn't stick to martingale unless your bankroll is infinite. I repeat, INFINITE. No matter what the amount is, 1 or 100 or even 1000+, sooner or later there will be a round where you'll have to go all in to save your initial bet which is probably a few thousand sats. If it is lower, it is even worse. The thing is that there is a cap on the max win, which is 20 BTC, so even an infinite bankroll wouldn't help you much. If we take UserU's sequence as an example, after losing 16 BTC with your last bet, or 1 + 2 + 4 + 8 + 16 = 31 BTC in total you have no chances of getting it back with your next bet, because you can't bet 32 BTC with 47.50% win chance. What you can do is to bet 32 BTC with 57.58% win chance (1.65x payout), an win 20 BTC back in the best case scenario, but that's not what players usually expect from martingale. You can still use multiple accounts to bypass that limitation. I don't know if it is against the rules but I don't think TheQuin would complain about it anyway. If you are down more than 30+ btc though, bypassing that limitation is probably make things worse for you. That limitation is there for your own good.
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TheQuin
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November 19, 2019, 10:40:30 AM |
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There are not many high rollers that play like that. We've got a max win of 20 BTC per roll so they would have to go 1.2x with a 79.17% win chance. Need some balls to do that.
Do those HRs mainly Martingale? Palms be sweaty, knees weak, arms are heavy each time the bet is doubled. Depends on his stack I think. You shouldnt stick to Martingale if your bankroll isnt huge or you may get wracked in no matter of time. Imagine he starts with 1 BTC and has a loss streak for eg 5 games. He would have lost 1 + 2 + 4 + 8 + 16 BTC at the blink of an eye. You shouldn't stick to martingale unless your bankroll is infinite. I repeat, INFINITE. No matter what the amount is, 1 or 100 or even 1000+, sooner or later there will be a round where you'll have to go all in to save your initial bet which is probably a few thousand sats. If it is lower, it is even worse. The thing is that there is a cap on the max win, which is 20 BTC, so even an infinite bankroll wouldn't help you much. If we take UserU's sequence as an example, after losing 16 BTC with your last bet, or 1 + 2 + 4 + 8 + 16 = 31 BTC in total you have no chances of getting it back with your next bet, because you can't bet 32 BTC with 47.50% win chance. What you can do is to bet 32 BTC with 57.58% win chance (1.65x payout), an win 20 BTC back in the best case scenario, but that's not what players usually expect from martingale. You can still use multiple accounts to bypass that limitation. I don't know if it is against the rules but I don't think TheQuin would complain about it anyway. If you are down more than 30+ btc though, bypassing that limitation is probably make things worse for you. That limitation is there for your own good. Multiple accounts wouldn't make any difference. You still have to break the loss down into smaller amounts whether you do it in the same account or not.
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UserU
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November 19, 2019, 01:27:58 PM |
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^ What he said. After all, the win amount is capped at 20BTC so of you want to win that 32 back, you've to bet another 12, that is if you've got the pocket (and guts)
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mindrust
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November 19, 2019, 03:36:33 PM |
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^ What he said. After all, the win amount is capped at 20BTC so of you want to win that 32 back, you've to bet another 12, that is if you've got the pocket (and guts) I don't understand how it is not going to work.. if you want to win 32 btc, wager 10 btc with %50 chance and wager another 6 with the the same setup. Theoretically it is the same thing as wagering 16 btc at once to get 32...
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Lakai01
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November 19, 2019, 07:36:07 PM |
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BTC wise you are right, you win 32 BTC in both setups ... IF you win. Chances that you do (and reach your 32 BTC target) are way higher in the first setup. In your second setup you have to win both bets, resulting in a chance of 25% (1/2 * 1/2) vs. the 50% chance in the first setup. Correct me if I am wrong please
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SquallLeonhart
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November 19, 2019, 07:46:05 PM |
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Even if you have an infinite amount of bankroll, there is a limit to how much you can win, as far as talks go it is said 20 bitcoins here so that means if you martingale or do any other method eventually you will reach a max cap where all you can win is 20 bitcoins, so if you lose that as well you can't double that or do anything different and you will start to slowly just balance your bet out with 5% house edge on the line as well.
Hence, when you gamble too big, the "infinite" doesn't matter, you can have 50000 bitcoins in your hands or 50, it is all the same when the max is 20 bitcoins. Sure, you can just ignore the losses when you are gambling with that much money in your pockets and losing 100 bitcoins is not really that big if you are a wealthy whale with 10k+ bitcoins but it is still impossible to bet more than the max bet.
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