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

[SquallLeonhart]

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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[mindrust]

%25 is for winning 32 btc.

there are 4 possible outcomes.

a) win (10) lose (6) > wagered 16, won 20 - %25 > we are 4 btc up
b) win (10) win (6) > wagered 16, won 32 - %25 >>>> this one is what we want but it may not happen
c) lose (10) win (6) > wagered 16, won 12 - %25 > we are 4 down
d) lose (10) lose (6) > wagered 16, won 0 - %25

As you see your chances to win 32 btc is %25 but also your chances to lose everything is also went down to %25 from %50. Sometimes it is better to think both possibilities 

[luksbit]

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.

Taking advantage of the momentum, and the liberators of america Futebol final will there also be a bet?

[Indymoney]

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.

I am also expecting some good amount of soccer matches as we are going after International break and @wetsuit must give some good favor to punters for betting on euoprean leagues this week specially from England, Spain and Germany lets see what reply came from @TheQuin about this.

[slaman29]

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.

Exactly. There is a staking option and you get it daily, with no penalty for removal at any time, I don't risk everything of course but it really feels good to be earning just that tiny bit of satoshi when you have a big bankroll and are going for the Lambo (golden tickets). I know the balance I had was nowhere near the whales but I was seriously rolling (in my standards) and every day getting significant amounts of BTC just for having that balance there? No other site does this:)

[Betwrong]

%25 is for winning 32 btc.

there are 4 possible outcomes.

a) win (10) lose (6) > wagered 16, won 20 - %25 > we are 4 btc up
b) win (10) win (6) > wagered 16, won 32 - %25 >>>> this one is what we want but it may not happen
c) lose (10) win (6) > wagered 16, won 12 - %25 > we are 4 down
d) lose (10) lose (6) > wagered 16, won 0 - %25

As you see your chances to win 32 btc is %25 but also your chances to lose everything is also went down to %25 from %50. Sometimes it is better to think both possibilities  

I have a feeling that we are starting to lose track of where we started.

Why do we need to win 32 BTC, in the first place? It's because we lost 31 BTC prior to this point. We were talking about martingale with 1 BTC as initial bet, basically about the following sequence of losses:

1, 2, 4, 8, 16

as a result of which we lose 31 BTC.

So, in this case

a) win (10) lose (6) > wagered 16, won 20 - %25 > we are 4 btc up

we are not 4 BTC up, but 27 BTC down. (-31 + 4 = -27)

and so on.

Correct me, if I'm wrong.

EDIT: I reread your post, and now I agree with your point. Indeed the chances of losing are going down as well. Only, I'd say, it's not the chances of losing everything, but rather the chances of losing another 32 BTC. Since we were talking about infinite bankroll, we can't lose it, right?

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

In my opinion, you are right. Winning two times in a row with 50% win chance is two times less probable than winning just once with the same win chance.

[keyscore44]

^ 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...

Not exactly. Keep in mind the house edge. As far as I know, it is 5% on Freebitco.in (I think it was before, but I can be wrong). Anyway with one roll the risk is less than with several.

[UserU]

Not exactly. Keep in mind the house edge. As far as I know, it is 5% on Freebitco.in (I think it was before, but I can be wrong). Anyway with one roll the risk is less than with several.

You are correct. 0 - 4750 | 5250 - 10000 for a 2X payout.

[mindrust]

^ 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...

Not exactly. Keep in mind the house edge. As far as I know, it is 5% on Freebitco.in (I think it was before, but I can be wrong). Anyway with one roll the risk is less than with several.

You are right I missed that part. The more you play the more chances for the house edge to get its %5 cut out from you.

This could be tolerated if we were trying to win only 30-32btc but things change a lot when we try to win something like 60 btc. (you'll need to wager 10btc 3 times)

[sana54210]

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.

I am also expecting some good amount of soccer matches as we are going after International break and @wetsuit must give some good favor to punters for betting on euoprean leagues this week specially from England, Spain and Germany lets see what reply came from @TheQuin about this.

Yeah, because of the euro ones and national ones we haven't had any decent regular league matches so it will be really fun to go back to those games, I know the others are fun here and there but when they cause this much break I don't really like it. Also it is too weird for someone like me who have been using freebitcoin for 5 or so years to actually come to this topic and see discussions about soccer .

I mean this place wasn't this huge enormous place that has all these things back in the day, if I remember correctly there was just faucet and maybe lottery as well when it started, all these interest rates, contests, lambos, sports all came down later (maybe dice was there as well when it first started I am not sure) so to come here and talk about soccer is still a bit weird.

[keyscore44]

^ 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...

Not exactly. Keep in mind the house edge. As far as I know, it is 5% on Freebitco.in (I think it was before, but I can be wrong). Anyway with one roll the risk is less than with several.

You are right I missed that part. The more you play the more chances for the house edge to get its %5 cut out from you.

This could be tolerated if we were trying to win only 30-32btc but things change a lot when we try to win something like 60 btc. (you'll need to wager 10btc 3 times)

Unfortunately. The longer you play, the more likely you lose. Maybe little off top, but playing in casinos, on machines, I noticed a certain regularity. Not always, but often. At the beginning, the machine gives you a win to make you think that there is a chance to win more, because it came so easily and quickly .. However, over time, it gets what gives you at the beginning and what is yours also ..

[UserU]

Unfortunately. The longer you play, the more likely you lose. Maybe little off top, but playing in casinos, on machines, I noticed a certain regularity. Not always, but often. At the beginning, the machine gives you a win to make you think that there is a chance to win more, because it came so easily and quickly .. However, over time, it gets what gives you at the beginning and what is yours also ..

That's what the house edge is for. But then, treat gambling as a form of entertainment rather than a get-rich scheme. I've ripped countless times but it's the thrill of playing (not losing, of course) 😆

[Indymoney]

Unfortunately. The longer you play, the more likely you lose. Maybe little off top, but playing in casinos, on machines, I noticed a certain regularity. Not always, but often. At the beginning, the machine gives you a win to make you think that there is a chance to win more, because it came so easily and quickly .. However, over time, it gets what gives you at the beginning and what is yours also ..

That's what the house edge is for. But then, treat gambling as a form of entertainment rather than a get-rich scheme. I've ripped countless times but it's the thrill of playing (not losing, of course) 😆

Some time I also feel I have to do something about this but every time as I have some good amount I cannot stop my self and have some big loses today I was really bore and try on dice which give some good shock as I lost 0.03 bitcoins now hopefully I will take break for some long time.

[UserU]

Some time I also feel I have to do something about this but every time as I have some good amount I cannot stop my self and have some big loses today I was really bore and try on dice which give some good shock as I lost 0.03 bitcoins now hopefully I will take break for some long time.

We've all been there. Just from a small bet which snowballed into huge losses.

I don't know you, but what I do is to cash them out frequently (I convert my BTC to virtual items and selling them).

[sancho2964]

1. How does the administration look at the adaptation of the site, for Russian-speaking people? It can be seen that many people from Russia visit this site.
2. And in the rates section, you can add, "In what year Putin will step down as president," just add the option "never." I am sure he is cremated and he will still rule the country.

[TheQuin]

1. How does the administration look at the adaptation of the site, for Russian-speaking people? It can be seen that many people from Russia visit this site.

I don't have any exact numbers but we're certainly big in Russia.

2. And in the rates section, you can add, "In what year Putin will step down as president," just add the option "never." I am sure he is cremated and he will still rule the country.

What if he makes himself Tsar?

[sancho2964]

It is ruled out, "Russia is a country of democracy and fair elections."
There is a joke on this subject, I don’t know how Google translator will translate it, but I will try.
Sailing in a boat after a shipwreck - Putin, Obama and Merkel.
Well, let's argue who should work the oars. Well Obama says: "I am the president of the best country in the world, I will not row oars"
Merkel says: "I am a woman, and Kansler is the best country in the world."
Putin: "Let's vote."
The picture is changing, and Obama and Merkel are working the oars.
Obama asks: "How did it happen that three of us are floating in the boat, and four have voted for him?"

[TheQuin]

It is ruled out, "Russia is a country of democracy and fair elections."
There is a joke on this subject, I don’t know how Google translator will translate it, but I will try.
Sailing in a boat after a shipwreck - Putin, Obama and Merkel.
Well, let's argue who should work the oars. Well Obama says: "I am the president of the best country in the world, I will not row oars"
Merkel says: "I am a woman, and Kansler is the best country in the world."
Putin: "Let's vote."
The picture is changing, and Obama and Merkel are working the oars.
Obama asks: "How did it happen that three of us are floating in the boat, and four have voted for him?"

That's a very good way of explaining why you will not be seeing any Russian political bets. 

[nc50lc]

@TheQuin Speaking of betting, will you add the 2019 30th South East Asian Games in the sports betting list?
Not per sport, just the top 1 country out of 11.

[docthusinh]

@TheQuin Speaking of betting, will you add the 2019 30th South East Asian Games in the sports betting list?
Not per sport, just the top 1 country out of 11.

That's would be alot of work for them, majority of them will be chosing football for their sport betting, but they will need country specific, which "Thai League" will be for Thai people, "V-League" will be for Vietnamese, the same goes for Singapore, Malaysia, Indonesia, etc....thus alot of work if they want to go for that path since people in one country will not know anything happening on games of other country except those famous ones such as Premier League, LIGA, Seria, Bundesliga...and thus they will not play on game they don't know.