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[TheQuin]

First time seeing quite a number of outages in a short period

It's unusual. We're going to do a bit of a bonus next week to make up for it. I'll let freebitco.in PR fill you in with details when they've made up the graphic.

[wiss19]

Odd for Hamilton to win has been increased to 1.98, which is high, especially with the time multiplier that you have. Verstappen will indeed be the only one who can really come close or maybe Bottas can surprise.

@TheQuin, I think there is a bug in betting: I placed 2 bets on "Who will become the Republican Presidendtial nominee" and I got confirmation that the bet is placed, but I can't see these bets. It doesn't show up in my bets...

The odds do not matter as I find in these parimutual betting. It will swing up and down but the only thing that determines your winning at the end of the day is how much the other people are betting. And of course your multiplier;)

Hamilton 2/1 win is a great odd though, wonder what it will be with max multiplier.

If I am not wrong, compared to other places that you bet on these things, freebitcoin basically lets you and me decide on the odds. Well technically speaking other places do let you and me decide as well but they change it themselves to make it more profitable for themselves, so if everyone wagers on one side and they are asleep it doesn't change, but here I think it is really us that changes it.

So, if there were too many people who wagered on verstappen and bottas all of a sudden, that would mean that Hamilton would definitely go down a bit. He is still the favorite and there is no way that he would ever seen with anything but a favorite, but to be perfectly honest he could lose as well, in sports world favorites do not win every time they are expected to win, there wouldn't be any surprise results if that was the case.

[TheQuin]

If I am not wrong, compared to other places that you bet on these things, freebitcoin basically lets you and me decide on the odds. Well technically speaking other places do let you and me decide as well but they change it themselves to make it more profitable for themselves, so if everyone wagers on one side and they are asleep it doesn't change, but here I think it is really us that changes it.

Yes. It's parimutuel betting so it's player versus player rather than betting against the bookmaker. You're correct that bookmakers adjust their odds according to how much they take on each outcome so technically the customers always decide the odds. The big difference is what happens when someone makes a large bet. An individual bookmaker wouldn't adjust his odds for that he would just lay part of it off with other bookmakers. With parimutuel betting, it stays in the prize pool and makes the other outcomes more attractive.

[GhostStories]

Will UEFA champions leagues final be not available for betting?

[freebitco.in PR]

Will UEFA champions leagues final be not available for betting?

It will be live shortly.

[TheQuin]

Will UEFA champions leagues final be not available for betting?

It will be live shortly.

It's just gone up so you'll see it when the cache updates (within 1 hour).

[freebitco.in PR]

New Bet Added - UEFA Champions League Final

The biggest and most-watched sporting event in the world is here - the UEFA Champions League Final.

Paris Saint-Germain are in their first final ever and they seek to make it a victorious one.

Meanwhile, Bayern Munich are no strangers to this stage of the competition and they're seeking a 6th Champions League crown.

Will Neymar, Di Maria, and Mbappe spur PSG on to the trophy? Will Bayern lift their first Champions League trophy since 2013?

This bet is LIVE at FreeBitco.in. It's the last match of the 2019/20 season, so make your predictions, bet now, and win BTC!

[SiNeReiNZzz]

New Bet Added - UEFA Champions League Final

The biggest and most-watched sporting event in the world is here - the UEFA Champions League Final.

Paris Saint-Germain are in their first final ever and they seek to make it a victorious one.

Meanwhile, Bayern Munich are no strangers to this stage of the competition and they're seeking a 6th Champions League crown.

Will Neymar, Di Maria, and Mbappe spur PSG on to the trophy? Will Bayern lift their first Champions League trophy since 2013?

This bet is LIVE at FreeBitco.in. It's the last match of the 2019/20 season, so make your predictions, bet now, and win BTC!

I'd say that luck has played its part recently...
Hopefully the lucky streak will last a little longer!

[babygun]

-snip

If I am not wrong, compared to other places that you bet on these things, freebitcoin basically lets you and me decide on the odds. Well technically speaking other places do let you and me decide as well but they change it themselves to make it more profitable for themselves, so if everyone wagers on one side and they are asleep it doesn't change, but here I think it is really us that changes it.

So, if there were too many people who wagered on verstappen and bottas all of a sudden, that would mean that Hamilton would definitely go down a bit. He is still the favorite and there is no way that he would ever seen with anything but a favorite, but to be perfectly honest he could lose as well, in sports world favorites do not win every time they are expected to win, there wouldn't be any surprise results if that was the case.

I am a little bit confused, if someone would place a big bet on Verstappen/Bottas, would the odd for Hamilton to win not increase instead of decrease?

Thanks for adding the bets around the Champions League final!

[STT]

player versus player

I much prefer that though it can be uneven if numbers are low, in this case it means theres often good value bets available.     I bet Lewis Hamilton but with the race still a week away its slightly risky because the weather can change everything or thats how I remember some of the biggest F1 upsets that have occurred.   His F1 pole lap from 2018

   I must have been lucky and skipped problems on the site, not really seen it.

'Merc F1 engine super car'  (Porsche already did that :p)

[slaman29]

Speaking about the new bonus, is the ongoing one the one you're talking about TheQuin to make up for the outages. See already the weekly lottery looks on track to be below 0.3 btc, a lot of time lost for this week, but on the other hand I'm approaching 0.5% of all this week's tickets, so I'm going to be hoping my 1 in 200 wins!

One question I always forget to ask. Can you win more than 1 prize in a draw with a different ticket? Has that ever happened?

[hosseinimr93]

I am a little bit confused, if someone would place a big bet on Verstappen/Bottas, would the odd for Hamilton to win not increase instead of decrease?

Odds depend on total amount of money put on different outcomes.
Let's say there's a basketball game between teams A and B. Till now, 10 BTC has been put on team A and 10 BTC has been put on team B.
Regardless of the time weight multiplier and assuming the house edge is 5%, the odds for each of teams would be 1.9.
If you bet 2 BTC on team A, the amount put on team A would increase to 12 BTC. This causes the odds for team A to increase decrease to 1.74 and odds for team B to decrease increase to 2.09.

One question I always forget to ask. Can you win more than 1 prize in a draw with a different ticket? Has that ever happened?

That's impossible. You cannot win more that one prize.
If a user who has already won a prize is picked, calculations are done again and a new user is picked.  

[UserU]

Odds depend on total amount of money put on different outcomes.
Let's say there's a basketball game between teams A and B. Till now, 10 BTC has been put on team A and 10 BTC has been put on team B.
Regardless of the time weight multiplier and assuming the house edge is 5%, the odds for each of teams would be 1.9.
If you bet 2 BTC on team A, the amount put on team A would increase to 12 BTC. This causes the odds for team A to increase to 1.74 and odds for team B to decrease to 2.09.

Isn't that dependent on the number of bettors? If team A has 1,000 bets, it's odds should be much lower than of team B if it has like 300.

[hosseinimr93]

Isn't that dependent on the number of bettors? If team A has 1,000 bets, it's odds should be much lower than of team B if it has like 300.

Odds for a certain outcome is a function of ratio of total amount of money put on the outcome to total amount of money put on all outcomes.
If 1,000 people each put 1 mBTC on team A and 300 people each put 5 mBTC on team B, the odds of team A would be 1.5 times bigger that odds of team B.

[freebitco.in PR]

Today's projected jackpot is USD 1683.

Wager on the Multiply BTC game / bet on your favorite events in the next 6 hours and grab the #1 spot to win the Daily Progressive Jackpot.


Congratulations to User Id 36658559 for winning USD 1474 yesterday.

[babygun]

I am a little bit confused, if someone would place a big bet on Verstappen/Bottas, would the odd for Hamilton to win not increase instead of decrease?

Odds depend on total amount of money put on different outcomes.
Let's say there's a basketball game between teams A and B. Till now, 10 BTC has been put on team A and 10 BTC has been put on team B.
Regardless of the time weight multiplier and assuming the house edge is 5%, the odds for each of teams would be 1.9.
If you bet 2 BTC on team A, the amount put on team A would increase to 12 BTC. This causes the odds for team A to increase decrease to 1.74 and odds for team B to decrease increase to 2.09.

One question I always forget to ask. Can you win more than 1 prize in a draw with a different ticket? Has that ever happened?

That's impossible. You cannot win more that one prize.
If a user who has already won a prize is picked, calculations are done again and a new user is picked.  

Thanks for the good explanation, I think I understand it. It is a different system of betting, but interesting.
The time multiplier is also a nice extra feature!

[Tiber727]

Anyone remember the minimum balance you have to keep to both claim reward points and not have captchas? Search isn't cooperating and there's too many pages. Nor is it listed on Freebitcoin's website itself, as far as I can see.

[NABiT]

Anyone remember the minimum balance you have to keep to both claim reward points and not have captchas? Search isn't cooperating and there's too many pages. Nor is it listed on Freebitcoin's website itself, as far as I can see.

"If you don't want to wager you can just keep a balance above 100 USD to play without captcha."
https://bitcointalk.org/index.php?topic=320959.msg54085390#msg54085390

[Text]

Anyone remember the minimum balance you have to keep to both claim reward points and not have captchas? Search isn't cooperating and there's too many pages. Nor is it listed on Freebitcoin's website itself, as far as I can see.

When I have not yet reached the total wagered of my account to be free to solve the captcha every time I roll free I can still see it and how many more are left. But when I started reaching the need to be wagered, I couldn't find it even if I looked for it ... So you can really see that.

I think once you unlock the use of claiming reward points and claiming a freeroll without a captcha you will no longer need to have a minimum balance.

[wiss19]

If I am not wrong, compared to other places that you bet on these things, freebitcoin basically lets you and me decide on the odds. Well technically speaking other places do let you and me decide as well but they change it themselves to make it more profitable for themselves, so if everyone wagers on one side and they are asleep it doesn't change, but here I think it is really us that changes it.

Yes. It's parimutuel betting so it's player versus player rather than betting against the bookmaker. You're correct that bookmakers adjust their odds according to how much they take on each outcome so technically the customers always decide the odds. The big difference is what happens when someone makes a large bet. An individual bookmaker wouldn't adjust his odds for that he would just lay part of it off with other bookmakers. With parimutuel betting, it stays in the prize pool and makes the other outcomes more attractive.

Yeah, that is what I like about this place as well because even though there are plenty of times when you wager on regular expected odds and all, there are a lot of times when odds are better here as well, some people just bet big on the team or person or whatever thing that wasn't favorites which makes the odds for favorites a lot better than other places.

I don't know if there is one right now but let's say a team has 1.70 odds at almost everywhere, or around that level, sometimes you can see as high as 2.20 here for some reason, just because the other side got a huge bet from someone that increased the odds. That is something we as gamblers can take advantage of and make it a profitable thing by basically "arbitrage" our bet if that is even a word for this.