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

[arallmuus]

It is still a mystery how they keep going with faucet model. I know freebitco.in is now a full fledged gambling house rather than naming them a faucet. If we are capable of predicting the future then we might have at least made use of freebitco.in by inviting all friends as referrals.

5% house edge, thats the secret to the mistery . Most people that wager there dont really notice this but 5% is huge. Some keep wagering there because unlike most site, freebitco.in gives lottery ticket  

You should know how everyone loves lottery and you do know each round there are alot of lottery ( I mean like hell alot, someone even got 10M lottery ticket in the last round ). Im quite sure that most people got their lottery from either referall claiming free btc or their referall wagering

If there are around only $10,000 then on 5% house edge they will be getting $500 on average . So around $15,000 profit monthly and Im sure their daily wager is more than that

P.S : Variance applies as well but if we do see this on basically VERY long term than that is their average

Edit : They also have betting and golden ticket which could be purchased by everyone, also dont forget that they some people might purchase the normal lottery ticket as well

[btcltcdigger]

They recently upped the RP requirement for captcha-less rolls, haven't they?
It burned out through 5k RP in like a day or so

[ryzaadit]

-snip-

Yeah, some of the people thinking a high house edge always a problem, but to be honest is not a problem at all as long you feel the recognized on the website. Sometimes when playing on the lowest house edge, still thinking/meet some situation hard for hits the winning even already using a few times bet. But when playing on the playing high house edge around 2-5%, can be winning a multiple feels like know about the recognized on the game and casino by using a feels recognize from your pure thinking.

Because of that's, no matter low or high the house edge along we know and recognize the game, result and casino by your own speculation is not a problem at all. Low house edge just an bonuses for me.

[hosseinimr93]

If there are around only $10,000 then on 5% house edge they will be getting $500 on average . So around $15,000 profit monthly and Im sure their daily wager is more than that

Yes, the wagering volume is much higher.
The website shows the wagering volume for the last 10 days. According to the following chart, the average wagering volume in the last 10 days is 126 BTC = 1.2 million dollar.



Given the 5% house edge and assuming 126 BTC is wagered every day, they are making 60,000 dollar per day.
It should be noted that a big part of this goes to reward points, lottery tickets, faucet, the daily jackpot, monthly contest, referrals wagering commission, etc.

[jostorres]

Maybe when I first stepped into the forum, they even shared this faucet site with me. And if I didn't just ban the first account here because using VPN I would have accumulated a lot and would have paid more attention to it. I've also had other tried out faucets that were popular back then. Who really knows that freebitco.in will remain?

It is still a mystery how they keep going with faucet model. I know freebitco.in is now a full fledged gambling house rather than naming them a faucet. If we are capable of predicting the future then we might have at least made use of freebitco.in by inviting all friends as referrals.

I owned a website that was bitcoin faucet rotator. That was a thing back in the day, people would claim faucets like crazy and when I had just one website that had a code which allowed you to claim in each website from just mine that allowed people to claim in 50 faucets by just visiting my website.

I can tell you that people who used my website did almost all of them, however to this day only freebitcoin ones are still here, the website is looooooong gone and all other faucets never really earned me anything and people quit after a short while. Which goes to show you that this website is definitely the best "faucet" out there since people not only come here to claim the faucet but they do a million different things here that they have fun with. 

[STT]

If you had referred people from your website somehow that might have paid off increasingly.  Its not just this website where that can work out, I know of someone who is self made millionaire in UK, started off a journalist and by referring people to electric company discounts and he gets a very small percentage of their business or electric used every year forever.   He has long since stopped doing that as he is successful as a trader now but still it pays him and he can use the cash for trades/bets.
   If Freebitco is paying that referral % forever potentially its the biggest pay of all, going forward there is still massive amount of people who haven't any idea about this website and would probably use it if they did, crypto is still expanding.    If I had twitter follower userbase or anything like that I'd be hoping to pick up a few signups tbh and theres no sellout to it as its genuinely a decent site to be signed upto.

[arallmuus]

-snip-

Yeah, some of the people thinking a high house edge always a problem, but to be honest is not a problem at all as long you feel the recognized on the website. Sometimes when playing on the lowest house edge, still thinking/meet some situation hard for hits the winning even already using a few times bet. But when playing on the playing high house edge around 2-5%, can be winning a multiple feels like know about the recognized on the game and casino by using a feels recognize from your pure thinking.

Because of that's, no matter low or high the house edge along we know and recognize the game, result and casino by your own speculation is not a problem at all. Low house edge just an bonuses for me.

It is indeed a problem. Lets say if you compare site A vs site B

site A with 1% house edge
site B with 5% house edge

In the long run, you are going to lose more on site B if there isnt any variances at all. If you are wagering $1000 on both site, you are bound to lose $50 on site B compared to $10 on site A in verage on long run

See the difference right now? This is assuming you are not winning anything at all and just straight random losing and winning few bets. If variances is on your side and you win then that would be another story. You could still win even if house edge is 10% and you are lucky ( this is a complete diffeent scenario of course )

Hence is why alot of dice site stick to standard 1% house edge or even lower around here to attract more player.


If you add the lottery ticket factor given each 500 satoshi wager, the house edge of this site is actually lower than 5% 

[ryzaadit]

-snip-

That's doesn't matter with me.

I'm not playing with a long term play when everyone using an automatic play and martingale system with the small fund. I'm using a bait bet with short time bet, trying to figure it the pattern and feeling the bet. When I'm confident with my bait then going to big a significant amount like 25, 50 or maybe 100$ depending my money but mostly using 20% from my total money.

And I'm not really referring and talking about the fee and as long the current balance was more than your initial amount deposit then not a problem you ended with the profit. When everyone doing a bet, they will always see the end of the result, as long their balance more than their deposit their will be happy and doesn't care about the fee from the house edge but the house edge should still make sense around 1-5%.

[hd49728]

Yes, the wagering volume is much higher.
The website shows the wagering volume for the last 10 days. According to the following chart, the average wagering volume in the last 10 days is 126 BTC = 1.2 million dollar.

The wagered amount likely reached its peak and fell down after that. At any perspective, the impressive increase of wagered amount shows that the Freebitco.in casino has gotten more attention from gamblers since the pandemic, and has better growth recent weeks.

Given the 5% house edge and assuming 126 BTC is wagered every day, they are making 60,000 dollar per day.
It should be noted that a big part of this goes to reward points, lottery tickets, faucet, the daily jackpot, monthly contest, referrals wagering commission, etc.

It is a win win marketing approach. Spend some income from house edge to run promotions, faucet, reward points, etc. will catch more flow of gambling capital and win bring more income from house edge. Then the cycle begins again and again. It is very common growth in online gambling industry, big casinos get bigger and have more competitive promotions over time while the newborn casinos have struggled to survive and get users.

[TheQuin]

If you add the lottery ticket factor given each 500 satoshi wager, the house edge of this site is actually lower than 5% 

Then add the reward points, golden tickets, referral commissions, free rolls and bonuses and you'll find we are very competitive against the 'low house edge' sites.

[JoshBarwick]

great thread awesome i will try wish me luck

[slaman29]

Yeah, it doesn't show my total wagered but I can say it's way more than 0.1 BTC.

Earning a little more satoshi isn't worth ripping your balance though

I can't agree enough, and that's got to be true for any gambling, the problem sometimes is our minds are wired in weird little ways that force us to go for round achievements. For example my brain will say, oh it's only 100k left to get a round number. Or, why not wager 5k more RP to get 100k RP? Or only 3% left to get next bonus:p

[freebitco.in PR]

Win a Lambo Round 3 is well underway by now, with 1.4 million Golden Tickets already distributed.

1. Buy Golden Tickets for 25,000 satoshi each
2. Earn 1 Golden Ticket for every 500,000 satoshi wager

Collect as many tickets as possible for a higher chance of winning your dream car!

[Juggy777]

If you had referred people from your website somehow that might have paid off increasingly.  Its not just this website where that can work out, I know of someone who is self made millionaire in UK, started off a journalist and by referring people to electric company discounts and he gets a very small percentage of their business or electric used every year forever.   He has long since stopped doing that as he is successful as a trader now but still it pays him and he can use the cash for trades/bets.
   If Freebitco is paying that referral % forever potentially its the biggest pay of all, going forward there is still massive amount of people who haven't any idea about this website and would probably use it if they did, crypto is still expanding.    If I had twitter follower userbase or anything like that I'd be hoping to pick up a few signups tbh and theres no sellout to it as its genuinely a decent site to be signed upto.

@STT I’ll second that as I too had joined Freebitco as someone’s referral who promised me 80% ref back, and had he not advertised that i would get such a high ref back amount then I probably would not have signed up.

Also if you wish to get referrals for Freebitco then create a YouTube video, search low competition keywords for it, and send some backlinks to it with some luck you should be able to get some referrals.

Source:

https://ahrefs.com/blog/youtube-keyword-tools/

[UserU]

I can't agree enough, and that's got to be true for any gambling, the problem sometimes is our minds are wired in weird little ways that force us to go for round achievements. For example my brain will say, oh it's only 100k left to get a round number. Or, why not wager 5k more RP to get 100k RP? Or only 3% left to get next bonus:p

Same here man. Sometimes I'd still wager or go all in just to contra the high withdrawal fees and lose it all.

It's some weird OCD we have there.

[Saint-loup]

The server is down? I can't reach the page anymore. It's the same for anyone else?

[asu]

The server is down? I can't reach the page anymore. It's the same for anyone else?

Working on my end here. What page? I can access https://freebitco.in/ right now.

[freebitco.in PR]

Wager on the Multiply BTC game / Bet on events to increase your wagering volume and grab the #1 spot to win the Daily Progressive Jackpot.


Congratulations to User Id 37701561 for winning USD 1318 yesterday.

[arallmuus]

I'm not playing with a long term play

Long term doesnt mean you play / roll there for hours a day. As long as you keep playing regularly on the site like you have mentioned, it is long term play already.

If you add the lottery ticket factor given each 500 satoshi wager, the house edge of this site is actually lower than 5% 

Then add the reward points, golden tickets, referral commissions, free rolls and bonuses and you'll find we are very competitive against the 'low house edge' sites.

1 RP equal to 1 satoshi and they are giving free 1 RP for each 500 satoshi wager

You can consider this as some kind of rakeback so for each average 500 satoshi wager , you will lose around 25 satoshi( Average ) if the house edge is 5% and you will get 1 satoshi rakeback

Sounds generous? No but atleast it is something and definitely not competitive low edge site compared with the others

[buwaytress]

I can't agree enough, and that's got to be true for any gambling, the problem sometimes is our minds are wired in weird little ways that force us to go for round achievements. For example my brain will say, oh it's only 100k left to get a round number. Or, why not wager 5k more RP to get 100k RP? Or only 3% left to get next bonus:p

Same here man. Sometimes I'd still wager or go all in just to contra the high withdrawal fees and lose it all.

It's some weird OCD we have there.

Goddamn you guys, not alone. I sometimes ruin my OCDness with bitcoin balances, trying to get satoshis up to round numbers.

Worse for me is trying to gamble to account for withdrawal fees, conversions and all that. I've had a perfectly nice balance ready to withdraw and call quits, then my brain goes: oh wait, withdrawal fee is A, my future transaction fee is B and I'll lose 1% at Localbitcoins plus their deposit fee. I know, I'll gamble for it! Then I do that, lose, panic, lose, panic, bust.

I know I'm not the only one... the worse is to try to all-in on 1.01 just for bloody fees. Life of a gambler huh.