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

[TheQuin]

That might be logical but it wouldn't be fair. Normally when sportsbooks offer a 2-way bet when a draw/tie is a remote possibility, in the event of a draw each side gets paid out 50% of the bet odds. In this case that would mean those that bet on Tyson would get back less then they bet. As we forgot to state the 50% payout rule in the Decision Logic section of the details we've decided just to refund the bet.

I'm not too sure about that; dead heat rules usually apply when there's 2 winners for whatever reason, like 2 horses ending the race with the exact same time. I don't think it makes too much sense to use dead heat rules when the fight ended in a draw, and most books just void the bets on the Winner market that doesn't include the draw.

8. When a "draw" occurs, bets on both fighters "to win" are refunded.

I agree with you but wetsuit overruled my decision on the grounds that we don't have that stated in any ToS or the bet details. It's easier to refund it as void than answering all the complaints from Tyson bettors that got back less than the staked.

[lixer]

Seriously provably fair is for games you play against the house, games you play against others are not provably fair, and sports are not games you play against the house in most of the time. Sure in parimutual betting it is definitely not against the house at all, it is literally people playing against other people and the odds take shape accordingly as well, so freebitcoin can't care less about what happens, they are going to make a profit from rake no matter what the result is.

However one tiny thing most people do not know, even sportsbooks where you wager against the house have odds that makes sure that people gamble against each other and earn accordingly as well, that is why odds are low for favorites and high for underdogs because those odds should make people gamble at exactly that rate.

you can't make sports betting provably fair. As we offer parimutuel (player versus player) betting it doesn't make any difference to us who wins or loses so I've got no incentive for match-fixing  .

[freebitco.in PR]

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[slaman29]

However one tiny thing most people do not know, even sportsbooks where you wager against the house have odds that makes sure that people gamble against each other and earn accordingly as well, that is why odds are low for favorites and high for underdogs because those odds should make people gamble at exactly that rate.

Most of it's automated these days. Systems just calculate the risk that the bookies are open to for each wager, and even adjust the players' maximum bets per market based on their performance. Nothing to worry about it you're like me or most other people, we bet and generally end up net losses but if you start consistently winning net, they tend to limit you;)

[UserU]

Nice to see that freebitco.in decided to refund the bets on the exhibition match of Mike Tyson!

I am glad that bitcoin is reaching new ATH, but hopefully we can stay under 20 000$, otherwise all my bets for 'predict the BTC price for november' will be lost  .

You should have enjoyed your winnings by now. Status changed to "Paid Out" several hours ago

If only I betted more!

[Lucasgabd]

any news on when election bets will be paid out?
it'd be nice for users to have a notice on website talking about it.

of course it's clear that Biden won/Trump lost but I understand if you're holding it due to political uncertainties, but other websites usually say all bets will be released by february 2021.

any news on that?

thanks.

[UserU]

any news on when election bets will be paid out?
it'd be nice for users to have a notice on website talking about it.

of course it's clear that Biden won/Trump lost but I understand if you're holding it due to political uncertainties, but other websites usually say all bets will be released by february 2021.

any news on that?

thanks.

Did you bet on the electoral college? If so, I think that's gonna take a while. Even Quin did mention he gets tons of emails requesting for the payouts.

[Timelord2067]

It doesn't install anything it just enables push notifications to your operating system. It will tell you when the 5x RP bonus has started and stuff like that.

Hey thanks for clarifying that, I'm only a casual user (exclusively on freebitco.in for the last six months BTW) , so the once per hour beep is fine for my time on the site.

Thanks again.

[freebitco.in PR]

Today's Projected Jackpot is USD 11,922.

User 15324044 is leading the ranks on the Daily Jackpot today with 265 BTC wagered so far.




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Congratulations to User 15324044 for winning USD 1255 yesterday.

[tbterryboy]

Nice to see that freebitco.in decided to refund the bets on the exhibition match of Mike Tyson!

Yeah, it makes sense to just refund people in this case, because of the implications of Tyson bettors getting less. Normally if it was just "everyone gets equal shares" type of situation in regular bets, that would have been viable, but this is basically just a refund situation.

I however really admire both fighters, they are 50+ years old and they went the distance and they both fought like it was nothing, they didn't looked gassed and beat at the end, they looked like they could have gone few more rounds at least. Being able to fight at that age with that high quality is a very very difficult thing, even if you are Tyson or Jones, it is still incredibly difficult. I admire their work ethic and the way they got ready for an exhibition match, hopefully everyone comes out happy about it.

[TheQuin]

any news on when election bets will be paid out?
it'd be nice for users to have a notice on website talking about it.

of course it's clear that Biden won/Trump lost but I understand if you're holding it due to political uncertainties, but other websites usually say all bets will be released by february 2021.

any news on that?

thanks.

Did you bet on the electoral college? If so, I think that's gonna take a while. Even Quin did mention he gets tons of emails requesting for the payouts.

Trump's strategy has been clear from the start. He wants to create enough doubt in the members of the Electoral College to make them Faithless.

We should know how successful he is by 14th December. https://crsreports.congress.gov/product/pdf/IF/IF11641

[NABiT]

What will happen to the bets on Lewis Hamilton now he will miss the race due to illness?

[TheQuin]

What will happen to the bets on Lewis Hamilton now he will miss the race due to illness?

The same as the Romain Grosjean bets, nothing. In parimutuel betting, it wouldn't be fair to the other bettors that placed their bets based on what was in the prize pool at the time to remove anything from that prize pool. If you bet early to get a higher time weight multiplier then you also take a greater risk of circumstances changing before the event happens. The same thing could happen to another driver if they have a bad crash in practice and can't participate on race day.
In the event of an unlisted replacement driver winning the race then all bets will be refunded.

[slaman29]

New month new life for betting options! Bitcoin price by 31st December ends in just under two weeks now, some of the odds look pretty tasty if you believe BTC will be between $10k to $25k, the odds for both are 2.2 and 2.5. Put an even bet on the two and you should still come out on top. Over 1 BTC already pledged.

Even if somehow BTC smashes ATH it would need to be 37k or 7.4k for you to miss either;)

[freebitco.in PR]

3X Reward Points (RP) promotion is LIVE and ends in 48 hours.

Collect Reward Points and you can unlock the amazing gadgets, prizes, and more cool stuff!

[Betwrong]

any news on when election bets will be paid out?
it'd be nice for users to have a notice on website talking about it.

of course it's clear that Biden won/Trump lost but I understand if you're holding it due to political uncertainties, but other websites usually say all bets will be released by february 2021.

any news on that?

thanks.

Did you bet on the electoral college? If so, I think that's gonna take a while. Even Quin did mention he gets tons of emails requesting for the payouts.

My bet went on Trump, so I'm not expecting to win anything from that. Congrats to those who bet on Biden! You have to wait just a bit, but there's nothing to worry about, you'll get your winnings soon.


Regarding Bitcoin/Ethereum Price November, I won a small amount with my ETH bet



and a bigger amount with my BTC bet



So, I'm happy to say that overall I'm in profit(although not a big one).

How about you, guys? Anyone won big?

[babygun]

and a bigger amount with my BTC bet



So, I'm happy to say that overall I'm in profit(although not a big one).

How about you, guys? Anyone won big?

I placed the same bets as you for the bitcoin price, but all with equal stakes, so I am in loss  . Final odd for the range 17,501$ - 20,000$ was also only 1.62.
But new month, new chances, I will wait a little bit longer this month before placing the bets  .

[Text]

My bet went on Trump, so I'm not expecting to win anything from that. Congrats to those who bet on Biden! You have to wait just a bit, but there's nothing to worry about, you'll get your winnings soon.

Agree, they still need to increase their patience and just wait first, sure they will receive their pay-out.

How about you, guys? Anyone won big?

I have not tried to bet for the ETH price prediction, but maybe this time I will try as well.  Congrats on your win, I did not increase my bet for the winning range so I kind of did not recover my bet from the previous ones, but it's okay, just recover next time.

[pawanjain]

Going forward freebitco.in can either include a draw option for such events or just refund the amount just as they did it this time. Seems fair and logical.  

We usually do include the draw option but when draws are very unlikely we sometimes use the 50% of bet odds option instead. It was just an oversight in forgetting to write that bit in decision logic section this time.

How does that work out ?
Suppose I placed a bet of 0.001 BTC and at the end the odds are 1.5
Now assuming it was a draw, if you payout 50% of the odds that would yield 0.75
So 0.001 BTC x 0.75 = 0.00075 BTC

Isn't that less than the actual bet itself ?

Correct me if I am wrong

[ju5tke]

Hello,

The question for the Freebitco.in support team.

Before I deposit to app, I saw a text (under the "Redeem all RP bonuses") about VPN/Proxy support. After I deposit to account, I do not see it anymore. Also, I do not see such an option in "Rewards" section (as bonus).
Does it mean that I'm free to use the same account with different IPs?
Is there a limit for number of IPs I can use for my account?
Is there a requirement for IP type (residential, datacenter, etc.)?

Thanks in advance.