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

[freebitco.in PR]

Play the Daily Progressive Jackpot and maximize your today's BTC earnings.

Only 6 hours left to Participate in the Daily Jackpot. Follow the leaderboard to know where you stand.




Congratulations to User Id 13562178 for winning 0.19395455 BTC yesterday.

[slaman29]

I will try to use the Free btc bonus (1,000%) and see how it works!

Also, I see that there is another section with "Reward point bonus" But it is a little confusing, not sure what is the difference between that and Free BTC bonus. Maybe "Free BTC bonus" gives more rewards after all?

Also, there is a "link" button to the left, what not sure what it is for...

Basically this just puts a 24 hour bonus for you to get 1000% of what you normally get for a free roll. It's worth it IF you can roll 12 free rolls in the 24 hour period, and then every roll after that is a great bonus. If you roll less than 12 you'll not even break even. That's my advice.

Free btc gives you direct BTC from freerolls, free RP gives you more RP (that's what you're using to pay for those bonuses).

Every roll gives you free btc, RP and lottery ticks.

[STT]

You won odds of 4750 to 1 ?   Congrats, whatever the size bet thats some great luck, on general principle I'd go try a few different bets more to see if I can win some more.   The leylines or whatever favoured you that day, reminds me of this impossible case:

adding poorer countries languages

There are no poor countries when it comes to crypto I'd hope, should be about growth not the standing wealth.   Every country is rich with people and so potential to expand unheeded in an unbiased depoliticized system of trade that is BTC.     Theres such giant potential out there just being left unused untapped, I hope crypto is part of what enables that and so justifies the whole eco system over our centralised one way FIAT system.

[UserU]

Basically this just puts a 24 hour bonus for you to get 1000% of what you normally get for a free roll. It's worth it IF you can roll 12 free rolls in the 24 hour period, and then every roll after that is a great bonus. If you roll less than 12 you'll not even break even. That's my advice.

Even if he rolls less than 12 times, he still earns more than the 3.2K RP he spent on.

Assuming it's 400 Sats per free roll at the time of typing, that's 8 rolls which more or less breaks even.

[darewaller]

Daily Jackpot is not daily lottery its need some wagering from you on this site and you can win good price if you have some good technique then surely you can win with just deposit of 0.1 to 0.2 bitcoins as I check many players they deposited this amount and reach nearly 15 to 20 bitcoin wagering just patience and some skills need for this nothing else.

If you are lucky you can wager lots of BTC with small deposit 

Where do you deposit in order to wager? using the main deposit button at front page?

Yes on site just his is for deposit and its only for bitcoin 

Do not forget that the money you have in your account (however you get it) could be used for everything. You don't just play dice with it, you can do many many things. You can buy the lambo lottery ticket, you can buy regular lottery ticket, you can gamble, you can claim interest on it as long as it stays, you can put on sports bets (or just bets in general) and there must be some stuff I am forgetting as well.

All of that is used by the same account money you have, there is no separation of "this money is for x and this money is for y" type of situation, you just have one balance in the website and it is used for everything. Also if you ever deposit and gamble, you will get more free money as well from the faucet so you can increase your income with that.

[vella85]

Basically this just puts a 24 hour bonus for you to get 1000% of what you normally get for a free roll. It's worth it IF you can roll 12 free rolls in the 24 hour period, and then every roll after that is a great bonus. If you roll less than 12 you'll not even break even. That's my advice.

Even if he rolls less than 12 times, he still earns more than the 3.2K RP he spent on.

Assuming it's 400 Sats per free roll at the time of typing, that's 8 rolls which more or less breaks even.

The one where we need to claim 12 times to break even is if anyone claims the 100 reward points per roll. As it costs 1,200 reward points that gives 100 reward points per roll.

This is a tip for anyone wanting to build their reward points, claim the reward points bonus and claim as many free rolls as you can in the 24 hour period and continue to build your reward points until you reach the maximum amount to claim the free BTC bonus. That is how I've been able to build my account as well.

[Indymoney]

Basically this just puts a 24 hour bonus for you to get 1000% of what you normally get for a free roll. It's worth it IF you can roll 12 free rolls in the 24 hour period, and then every roll after that is a great bonus. If you roll less than 12 you'll not even break even. That's my advice.

Even if he rolls less than 12 times, he still earns more than the 3.2K RP he spent on.

Assuming it's 400 Sats per free roll at the time of typing, that's 8 rolls which more or less breaks even.

The one where we need to claim 12 times to break even is if anyone claims the 100 reward points per roll. As it costs 1,200 reward points that gives 100 reward points per roll.

This is a tip for anyone wanting to build their reward points, claim the reward points bonus and claim as many free rolls as you can in the 24 hour period and continue to build your reward points until you reach the maximum amount to claim the free BTC bonus. That is how I've been able to build my account as well.

Now today I am going to do new experiment for this taking 100 rewards points and 1000% bonues with 4400 rewards lets check what happen because its good to do these type things for fun I have nearly 20000 rewards points never use them but now first use is going to happen in next few hours.

[Betwrong]

Here's a cool little strategy I'm thinking of using: I currently have upwards of 3500 reward points.

On the rewards page, I'll redeem 600 RP for the 50 lottery tickets/roll bonus. I'll free roll every hour at least 12 times in the next 24 hours, giving me 600 lottery tickets in addition to the 300 lottery tickets I already have. Plus, that also adds 120 RP to my 2900 remaining RP, which adds up to 3020.

Using this strategy, it would be a significant boost to my lottery ticket count, and I could repeat the same strategy for the next 5 weeks to get 600 additional lottery tickets every week, boosting my chances of winning the lottery for 6 weeks running. At least one of them has to be the lucky one, right? Let's find out!

From my experience, no. Since the price for 1 ticket is just 1 satoshi, sometimes I succumb to the temptation of buying a thousand or two of them, but I've never won in the lottery, never took the 10th place even. And this is not surprising, because even with 20,000 tickets your win chance is still smaller than 0.01%.

[mindrust]

Here's a cool little strategy I'm thinking of using: I currently have upwards of 3500 reward points.

On the rewards page, I'll redeem 600 RP for the 50 lottery tickets/roll bonus. I'll free roll every hour at least 12 times in the next 24 hours, giving me 600 lottery tickets in addition to the 300 lottery tickets I already have. Plus, that also adds 120 RP to my 2900 remaining RP, which adds up to 3020.

Using this strategy, it would be a significant boost to my lottery ticket count, and I could repeat the same strategy for the next 5 weeks to get 600 additional lottery tickets every week, boosting my chances of winning the lottery for 6 weeks running. At least one of them has to be the lucky one, right? Let's find out!

1000 tickets per week guarantees nothing. You can get nothing even with 10k tickets in the next 10-20 rounds if you are unlucky. How many people do you think there are joining the lottery with 1k tickets every week? Lots of.

Right now in the current round, The number of total lottery tickets is coming close to 235 million. Your chance of winning  with 1k tickets is 1 in 235k.
There is also smth I don't understand with freebitco.in's calculation of lottery win chance.

It says there is a 0.0011065% chance to win with my 260 tickets but when I do 260/235.000.000 I get 0.000001106, x100 and it is 0.0001106%.



Am I having a Brain fart again or what?

[UserU]

Am I having a Brain fart again or what?

Good question. I calculated, and if you discount the last 3 digits, that's the percentage you get (i.e. the current value you're seeing).

Maybe they don't count, since the numbers are increasing at a constant pace.

[mindrust]

Am I having a Brain fart again or what?

Good question. I calculated, and if you discount the last 3 digits, that's the percentage you get (i.e. the current value you're seeing).

Maybe they don't count, since the numbers are increasing at a constant pace.

Ah I get it.

What they do is 260/235k instead of 260/235m which is not exactly the right way to calculate this, is it?

[UserU]

Ah I get it.

What they do is 260/235k instead of 260/235m which is not exactly the right way to calculate this, is it?

Most likely, since that's the only way we got those numbers. But our best bet is to let Quin clarify this.

[darewaller]

All the odds on the February Bitcoin Price bet seem balanced. Every highly logical outcome seems to have odds above 3 at least. I believe any one or two of $10,501 - $11,000, $10,001 - $10,500, $9,501 - $10,000, $9,001 - $9,500 would be ideal bets that would guarantee at least thrice the return on investment.

I think I'll go with $9,001 - $9,500 and $9,501 - $10,000 considering how BTC has been trading in the last week. Get in your bets too guys; the bet ends tomorrow, but remember, the bet is for bitcoin price prediction when February ends.

I still can't see bitcoin doing anything aside from $9.5 to $10.5k inside this week, the 1st of march is Sunday so we have like one week or so left, sure there could be some bitcoin movements that could change a lot of price points and so forth but I do not see them happening at all.

So, let's look at the odds and what we could do about this, as you can see, the odds are over 3 for the both of them, which means you will get x3 at the very least if you get the game. So, if you actually put in 100 dollars for both $9.5k and also $10k levels (the top two right now) you could actually spend 200 dollars but end up with either 309 or 378 dollars. The only possible downfall of this is the slight chance that bitcoin may end up under $9.5k and I do not see that happening honestly.

[BitSat19]

Here's a cool little strategy I'm thinking of using: I currently have upwards of 3500 reward points.

On the rewards page, I'll redeem 600 RP for the 50 lottery tickets/roll bonus. I'll free roll every hour at least 12 times in the next 24 hours, giving me 600 lottery tickets in addition to the 300 lottery tickets I already have. Plus, that also adds 120 RP to my 2900 remaining RP, which adds up to 3020.

Using this strategy, it would be a significant boost to my lottery ticket count, and I could repeat the same strategy for the next 5 weeks to get 600 additional lottery tickets every week, boosting my chances of winning the lottery for 6 weeks running. At least one of them has to be the lucky one, right? Let's find out!

From my experience, no. Since the price for 1 ticket is just 1 satoshi, sometimes I succumb to the temptation of buying a thousand or two of them, but I've never won in the lottery, never took the 10th place even. And this is not surprising, because even with 20,000 tickets your win chance is still smaller than 0.01%.

In last few rounds I check few members with 1 Million lottery tickets standing on 10th and with just 400 or 600 standing on third or fifth its all about luck if you have better day then you can go with very few and if no then million tickets are also nothing so its just wasting to buy these tickets.

[hosseinimr93]

There is also smth I don't understand with freebitco.in's calculation of lottery win chance.

It says there is a 0.0011065% chance to win with my 260 tickets but when I do 260/235.000.000 I get 0.000001106, x100 and it is 0.0001106%.

As, there are 10 winners in the lottery, 0.00011% is multiplied by 10.

The formula which is used to calculate the chance of winning in the lottery is:

Chance of winning the lottery = ( ( your tickets / total tickets ) * 10 ) * 100%

That's how freebitco calculates chance of winning. But that's not accurate. Because no one can win more than one prize.

[mindrust]

There is also smth I don't understand with freebitco.in's calculation of lottery win chance.

It says there is a 0.0011065% chance to win with my 260 tickets but when I do 260/235.000.000 I get 0.000001106, x100 and it is 0.0001106%.

As, there are 10 winners in the lottery, 0.00011% is multiplied by 10.

The formula which is used to calculate the chance of winning in the lottery is:

Chance of winning the lottery = ( ( your tickets / total tickets ) * 10 ) * 100%

That's how freebitco calculates chance of winning. But that's not accurate. Because no one can win more than one prize.

So what happens here is,

I have 0.0001106% chance to win the 1st slot but since there are 10 slots, I get 10 tries. I participate again and again till I win a slot or all 10 slots are gone.

Random roll #1 > 260 tickets, chance to win a slot is ~0.0001106%
Random roll #2 > 260 tickets, chance to win a slot is ~0.0001106%
Random roll #3 > 260 tickets, chance to win a slot is ~0.0001106%
...
Random roll #8 > 260 tickets, chance to win a slot is ~0.0001106%
Random roll #9 > 260 tickets, chance to win a slot is ~0.0001106%
Random roll #10 > 260 tickets, chance to win a slot is ~0.0001106%

That's why it is ~0.001106%...

Starting from 2nd round, you should remove the winners from the participants list etc etc, its just a rounding error at this point nobody will notice 9 people out of 235 million. :p

[hosseinimr93]

Starting from 2nd round, you should remove the winners from the participants list etc etc, its just a rounding error at this point nobody will notice 9 people out of 235 million. :p

Number of tickets that are removed is much more.
Assume that the first winner have 20 million tickets. Then your chance to win 2-10th places will be much higher.

A good example is lottery round 245.
Total number of tickets was 248 million.
Winners of 1-9th places had 52 million tickets in total.

If you had 260 tickets your chance to win the first prize was 0.000106 %. But your chance to win 10th place was 0.000135%

[mindrust]

Starting from 2nd round, you should remove the winners from the participants list etc etc, its just a rounding error at this point nobody will notice 9 people out of 235 million. :p

Number of tickets that are removed is much more.
Assume that the first winner have 20 million tickets. Then your chance to win 2-10th places will be much higher.

A good example is lottery round 245.
Total number of tickets was 248 million.
Winners of 1-9th places had 52 million tickets in total.

If you had 260 tickets your chance to win the first prize was 0.000106 %. But your chance to win 10th place was 0.000135%

Originally I thought 9 people wouldn't make a difference that's why I said it like that but now you mentioned it, at least 5-6 out of 9 of them will have thousands (sometimes millions) of tickets each. (Lots of tickets, lots of chance to win) That means removing them will affect the chance to win the last slot, a lot. A LOT. (Can't stress it enough)

What about winning the top prize? Is it guaranteed to win the highest prize if you get enrolled in the first round or is it possible to get the lower prizes? Is there an order or is this random too? Damn math is hard.

[BitSat19]

Starting from 2nd round, you should remove the winners from the participants list etc etc, its just a rounding error at this point nobody will notice 9 people out of 235 million. :p

Number of tickets that are removed is much more.
Assume that the first winner have 20 million tickets. Then your chance to win 2-10th places will be much higher.

A good example is lottery round 245.
Total number of tickets was 248 million.
Winners of 1-9th places had 52 million tickets in total.

If you had 260 tickets your chance to win the first prize was 0.000106 %. But your chance to win 10th place was 0.000135%

I never gone in deep like this because its really hard to do these all but nice today have some good information about this all system.

[TheQuin]

Starting from 2nd round, you should remove the winners from the participants list etc etc, its just a rounding error at this point nobody will notice 9 people out of 235 million. :p

Number of tickets that are removed is much more.
Assume that the first winner have 20 million tickets. Then your chance to win 2-10th places will be much higher.

A good example is lottery round 245.
Total number of tickets was 248 million.
Winners of 1-9th places had 52 million tickets in total.

If you had 260 tickets your chance to win the first prize was 0.000106 %. But your chance to win 10th place was 0.000135%

Originally I thought 9 people wouldn't make a difference that's why I said it like that but now you mentioned it, at least 5-6 out of 9 of them will have thousands (sometimes millions) of tickets each. (Lots of tickets, lots of chance to win) That means removing them will affect the chance to win the last slot, a lot. A LOT. (Can't stress it enough)

The actual win chance varies because you can't know how many tickets are going to be taken out in advance so the win chance stated on the site is the minimum chance of winning a prize because the actual chances will increase for each round.

What about winning the top prize? Is it guaranteed to win the highest prize if you get enrolled in the first round or is it possible to get the lower prizes? Is there an order or is this random too? Damn math is hard.

The first prize is always drawn first so every ticket is included. Then 2nd place is drawn but if it is the same winner it is then redrawn until we have a new winner. The order is always sequential 1 to 10.