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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 525548 times)
hosseinimr93
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September 03, 2020, 06:58:39 PM
 #13441

I am 100% convinced that website itself losses money for the lottery. .........
For getting 1 lottery ticket, you need to wager 500 satoshi. Given the 5% house edge, the website earns 25 satoshi for every 500 satoshi is wagered. Assuming each lottery ticket costs 1 satoshi, 4% of the profit website makes is spent for free lottery tickets given to users.
Also, note that only 25% of value of total tickets is awarded to winners and 75% of that goes to house. So, the money spent for free lottery tickets given to users is only 1% of their profit. (Considering lottery tickets that are purchased by users, this percentage can be smaller.)

Note: I am not saying the lottery is not fair. Freebitco is working provably fair and all users are playing at their own risk. A big part of freebitco's profit is spent for Lamborghini lottery, rewards points, daily jackpot, monthly contest, referrals commissions, etc.

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September 03, 2020, 08:24:36 PM
 #13442

24 Hours Left - 3-4-5 Super Bonanza Week Ends Soon

The Super Bonanza Week ends at 23:59 UTC tomorrow. Earn 3X Golden Tickets, 4X Lottery Tickets, and 5X RP.

Play now to maximize your winnings.


I believe that not enough people realized how awesome the 3-4-5 thing was, there was a huge chance that everyone could have gotten a lot more, the fact that we got so much shows that we did more than what we used to do with this promo while others didn't do too much like they could have.

I love it when I take advantage of these, plus the reward points actually went up to 100k this week so I am super happy about it, it is money in my pocket now thanks to that, I really love it when reward points finally rack up to 100k, this is my second time ever but it really got off very fast this time around at the late stage thanks to this promo. Freebitcoin doesn't even need a promotion, they are already huge and still they manage to get a lot of promotions going anyway to help us out.
Sad that it is over already, it has been a very quick week Cheesy. Normally I do not even spend this much time and just come here once a day and check what I gotta check and do what I gotta do and leave and that's about it, this week has been different, this week has been more about how we could actually spend a lot more time and what we can earn a lot more at the same time. Sure even without this promotion if I spend a lot more time here, I could earn a lot more as well, but I guess that is not what I was thinking, I just didn't feel like it after a long time of doing it.

This promotion reminded of the times I spent a lot more time both on the website and off the website trying to get affiliates, it rekindled my love for marketing, I guess I know what I will be doing for the next few weeks.
Now after end of this promotion many members still feeling good even site wagering was also very high during this week so hopefully they will try again in near future because too many bonuses and other things really give good attraction which is very good I also love to have this but after reading this is only for multiply feel not good. Embarrassed

There is always new promotions, daily jackpots , lottery and a lot of other stuff like betting on the freebitco site which keeps the gambler busy and the wagering is always high on this site. 
I hope there will be more better promo's launch by freebitco in the future also.









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September 03, 2020, 09:26:25 PM
 #13443

I would say, I did well at the MTV Video Music Awards Grin:


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September 03, 2020, 10:15:13 PM
 #13444

Quote
website itself losses money for the lottery
The only part of the website that could lose money possibly is the free draw on every hour and obviously they do want to restrict that to the terms which is 1 roll per person per hour which is fair.   Its a fairly small amount given so I dont think thats a problem, the main deal for any operation is always going to be customer retention.  Gambling is highly profitable business but to actually acquire and retain customers is the hard part, the free roll and other possible giveaways are all justifiable under the idea of promotion, advertisement and this vital customer revenue and recirculation of funds.   I expect most casinos and most operations are not that keen on customers who come, win and leave but anyone who sticks around and plays a number of times, its not often it'd end up loss making.

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September 03, 2020, 11:09:40 PM
 #13445

Quote
website itself losses money for the lottery
The only part of the website that could lose money possibly is the free draw on every hour and obviously they do want to restrict that to the terms which is 1 roll per person per hour which is fair.   Its a fairly small amount given so I dont think thats a problem, the main deal for any operation is always going to be customer retention.  Gambling is highly profitable business but to actually acquire and retain customers is the hard part, the free roll and other possible giveaways are all justifiable under the idea of promotion, advertisement and this vital customer revenue and recirculation of funds.   I expect most casinos and most operations are not that keen on customers who come, win and leave but anyone who sticks around and plays a number of times, its not often it'd end up loss making.

Wouldn't they also lose money if a whale deposits hundreds of btc just to take advantage of the %4 annual interest and avoid anything else? (playing dice, lottery, sports betting etc...)

If I deposit 100 btc right now, my daily income would be 0.01095890btc. That's 0.32928995 monthly which is a lot of money.

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September 04, 2020, 12:31:25 AM
Last edit: September 04, 2020, 05:55:10 AM by STT
 #13446

I'd describe that as cost of capital but also some people will gamble their daily interest, it could be argued in favour as attracting deposits which then encourage gambling 'because its there'.    I reckon its justifiable and possibly even profitable for that reason.    Anyhow every company has a cost of capital to its operations, money isnt free despite the modern dynamic in many western economies its not really that way.   In your example if the whale did just that then yea but as a group I'm considering if its a negative setup or not and obviously some people will be gambling more because of it, I know I do.

BTW, anyone remember I said we'd easily get a fall back in price but it'd be really be too tight to make the 31st; seems like thats exactly whats happened.   Its only a pullback or some reset to the bull story, 10500 pivotal to bets for Sept price now and this time we can setup to go somewhere so I'm watching into next week.

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September 04, 2020, 03:29:11 AM
 #13447

I still cannot figure out what happened after Round 168 of the Lottery with 1,182,683,949 tickets sold to the next week in Round 169 ..where it dropped to 428,289,250 ticket sold and it kept on going downhill from there.  Huh

Before Round 169, the average #1 prize was always above 1 bitcoin ...... and it dropped to 0.6 / 0.5 / 0.3 BTC now....  Roll Eyes  What could the answer be to this mystery? (Was it a group of whales that were manipulating the draw... or even 1 person doing it for weeks... and then took a hit and stopped doing it?)

What is your theory?

Round 168 was on August 2018,

If you go back in this thread to August 2018 you'll find the answer.

tl;dr We had a massive botnet playing free rolls and then just buying lottery ticket with the sats. When wetsuit starting blocking their withdrawals they gave up and went away.

freebitcoin.TO WIN A  LAMBORGHINI!..

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September 04, 2020, 07:09:53 AM
 #13448

I saw tennis sports being added in the betting, already placed in several names both in the men's and women's section, it would be better to place an early bet to get a higher share prize pool even though it will be difficult to predict who will win currently still 3rd round of the US Open.

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September 04, 2020, 08:38:30 AM
 #13449

Quote
website itself losses money for the lottery
The only part of the website that could lose money possibly is the free draw on every hour and obviously they do want to restrict that to the terms which is 1 roll per person per hour which is fair.   Its a fairly small amount given so I dont think thats a problem, the main deal for any operation is always going to be customer retention.  Gambling is highly profitable business but to actually acquire and retain customers is the hard part, the free roll and other possible giveaways are all justifiable under the idea of promotion, advertisement and this vital customer revenue and recirculation of funds.   I expect most casinos and most operations are not that keen on customers who come, win and leave but anyone who sticks around and plays a number of times, its not often it'd end up loss making.

Yeah, but I'm sure all of that's already calculated in the 5% edge, everything from the faucets, to the bonuses, to the free tickets. It's all calculated and of course the risk is in variance, but this place has been going on for years, I'm sure always doing a fine tuning of the balance. That's what sets them apart. The constant care and communication and doing things fresh for their users. I know I've stuck around because of that;)

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freebitco.in PR
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September 04, 2020, 10:28:05 AM
 #13450

Only 3 hours left to win a projected jackpot of USD 1251.

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 12611109 for winning USD 1343 yesterday.





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September 04, 2020, 11:04:56 AM
 #13451

I saw tennis sports being added in the betting, already placed in several names both in the men's and women's section, it would be better to place an early bet to get a higher share prize pool even though it will be difficult to predict who will win currently still 3rd round of the US Open.

Good to see that there have been tennis bets added! For the men, I think Djokovic is the big favorite. On women side it is really difficult to predict as a lot of top seeds didn't enter the tournament; chances that an outsider wins the US Open is quite high.



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Rainbot
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September 04, 2020, 12:14:59 PM
 #13452

Tennis Is Back and So Is Tennis Betting at FreeBitco.in!

As the first major since January, the US Open, gets into gear, we're making sure you get to wager on your favorite Tennis players again!

This time, it'll be without some of the sport's brightest stars - Federer, Nadal, and Ash Barty, but with players like Djokovic, Thiem, Medvedev, Serena, and Osaka taking the court, you aren't missing out!

Bet on the US Open Men's Singles and Women's Singles tournaments at FreeBitco.in and win BTC!

Bets expire on 8th September.


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September 05, 2020, 10:27:00 AM
 #13453

Today's Projected Jackpot is USD 1422.

Wager your best by playing the HI-LO Dice game / Betting on your favorite events in the next 4 hours and win today's Daily Progressive Jackpot.




Congratulations to User Id 38839583 for winning USD 1202 yesterday.









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September 05, 2020, 12:51:13 PM
 #13454

Win a Lambo Round 3 - Only 50 Days Left!

We're entering the final stage of crypto's biggest giveaway, and now is the time to stake your claim on a brand new Lamborghini Huracan.

Earn 1 Golden Ticket for every 0.005 BTC wagered on the Multiply BTC game and Betting page.

The more you collect, the higher your chances of winning.

The Golden Ticket Contest is provably fair, so one lucky ticket is all you need to win. Start playing, get collecting, and make sure you have enough before the clock runs out!


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September 05, 2020, 02:41:11 PM
 #13455

Quote
website itself losses money for the lottery
The only part of the website that could lose money possibly is the free draw on every hour and obviously they do want to restrict that to the terms which is 1 roll per person per hour which is fair.   Its a fairly small amount given so I dont think thats a problem, the main deal for any operation is always going to be customer retention.  Gambling is highly profitable business but to actually acquire and retain customers is the hard part, the free roll and other possible giveaways are all justifiable under the idea of promotion, advertisement and this vital customer revenue and recirculation of funds.   I expect most casinos and most operations are not that keen on customers who come, win and leave but anyone who sticks around and plays a number of times, its not often it'd end up loss making.

Yeah, but I'm sure all of that's already calculated in the 5% edge, everything from the faucets, to the bonuses, to the free tickets. It's all calculated and of course the risk is in variance, but this place has been going on for years, I'm sure always doing a fine tuning of the balance. That's what sets them apart. The constant care and communication and doing things fresh for their users. I know I've stuck around because of that;)
Yeah, people have been talking about how much money freebitcoin makes and that is understandable, freebitcoin DOES make a lot of money that is for sure, however people are forgetting that it is still loved and it is still used and gambled, there must be a reason for it. I mean reward points give you a chance to get so much thanks to all the money you gamble, lottery gives you a chance to win so much more than you gambled, lambo lottery is just out of this world, you could get a lambo from gambling, basically there is so much you can make with that 5% house edge that has been a topic since this place has started.

Yes, you may not get any of it as well, you may lose lottery, you may not make a profit, but that doesn't mean that SOMEONE makes that profit, there is always a person who wins the lambo or the lottery weekly, just because it is not you doesn't mean it is not someone.

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September 05, 2020, 11:15:05 PM
 #13456

Its good to see US Open tennis back but unfortunately I'm already out as I bet on Stefanos Tsitsipas and he lost yesterday so now I have placed another bet on Others as I like the chances of Alex de Minaur and I like to bet on some value and I think he offers great value as he does perform well at the US Open.
 

I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
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September 06, 2020, 10:25:12 AM
 #13457

Its good to see US Open tennis back but unfortunately I'm already out as I bet on Stefanos Tsitsipas and he lost yesterday so now I have placed another bet on Others as I like the chances of Alex de Minaur and I like to bet on some value and I think he offers great value as he does perform well at the US Open.
 

@vella85 yea Tsitsipas exit was surprising, but then again I’m sure that he’ll emerge stronger in the next tournament. Furthermore now I’m focusing on wagering on Djokovic, to win the US open using the free Satoshis that I have collected from Freebitco. Also I would advise you to wager on Djokovic because of his experience, and his exceptional form in 2020 where has won 26 games in a row.

Quote

as the streaking Serb extended his unblemished run to 26-0 in 2020,


Source:

https://www.usopen.org/en_US/news/articles/2020-09-04/motivated_novak_djokovic_extends_winning_streak_to_260_at_2020_us_open.html
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September 06, 2020, 11:26:52 AM
 #13458

@freebitco.in

Do you guys decide which games and rounds to be included on your dashboard for progressive jackpots?

I had suggestion to add the cricket fantasy game on your dashboard. This will bring huge cricket fans on your website and in addition to this being cricket fan I am dreaming that you will add it one day.

Unlike other games, in cricket one can put up different set of competition like which player will have 50's, 100's and more scores. Who will have the first century is biggest fun to watch in cricket.

Freebitco.in must add this worldwide famous game.

:-)

Any suggestions guys?
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September 06, 2020, 06:36:32 PM
 #13459

Its good to see US Open tennis back but unfortunately I'm already out as I bet on Stefanos Tsitsipas and he lost yesterday so now I have placed another bet on Others as I like the chances of Alex de Minaur and I like to bet on some value and I think he offers great value as he does perform well at the US Open.
 

@vella85 yea Tsitsipas exit was surprising, but then again I’m sure that he’ll emerge stronger in the next tournament. Furthermore now I’m focusing on wagering on Djokovic, to win the US open using the free Satoshis that I have collected from Freebitco. Also I would advise you to wager on Djokovic because of his experience, and his exceptional form in 2020 where has won 26 games in a row.

Quote

as the streaking Serb extended his unblemished run to 26-0 in 2020,


Source:

https://www.usopen.org/en_US/news/articles/2020-09-04/motivated_novak_djokovic_extends_winning_streak_to_260_at_2020_us_open.html

Djokovic is in good form and has the best chance to win, but the odd for him is only 1.43... There is no real value in that odd.
I placed a small bet on A. Zverev to win the title @33. While his chances to win are quite low, but this is a quite attrictive odd to place a small bet.



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September 06, 2020, 11:01:59 PM
Last edit: June 12, 2023, 02:38:16 AM by STT
 #13460

Fairly epic 340x win for those underdog bettors today, almost nobody saw this coming congrats to those that did.  I can see the odds for Lewis were over played which is going to happen when he gets such a long streak.  Only the second time he has made it to race winner apparently, heck of a nice pay off and not one I could guess but maybe I diversify a bit next time Tongue

https://www.espn.com/f1/story/_/id/29824995/italian-grand-prix-was-my-race-lose

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Stroll was second on the grid at the mid-race restart but had a slow getaway, dropping behind eventual winner Pierre Gasly on the run down to Turn 1. Gasly inherited the lead once Lewis Hamilton served a 10-second stop-go penalty and held off McLaren's Carlos Sainz for the victory.

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Got to love the wild outcomes for shaking up sleepy odds - https://jerseyeveningpost.com/sport/uk-sport/2020/09/06/novak-djokovic-disqualified-from-us-open-after-hitting-line-judge-with-ball-2/

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