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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 521699 times)
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May 03, 2021, 08:02:42 PM
 #16661

it would be much better to keep the exchanges threshold same but increase the reward. Currently you only get 0.001 BTC if you have achieved the minimum 100,000 Reward points.

Its a 1:1 ratio and I think its fair though. According to TheQuin's post, you get 1 RP for every 500 satoshi wagered so thats 0.2% rakeback which is pretty much industry standard. Giving higher reward for the RP would benefit the players more although some site usually give higher percentage depending on your wagered amount but there is no that sort of stuff in freebitco.in
Do not forget that you are also increasing your faucet income, which means it could drop after you claim a few times but you are going to get more free money that way as well the more you wager, also you are getting lottery tickets which means you may win nothing but you may win a lot as well, all for free, and if you are affiliate of someone that person gets something as well, and you do get reward points but you can use that to increase your income as well, either for faucet or increase your reward points as well, not like this is already enough, they are also giving you the golden tickets as well after certain threshold.

Basically when you gamble here, you are not getting just a bit of back, you are getting a lot of things back from many different places. Add Fun token on top of that and it is insane how much you could make from here. That is why the huge 5% house edge that is all 1% in most places are fine here, why? Because of all the things we get.

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May 03, 2021, 08:22:01 PM
Last edit: May 03, 2021, 08:38:53 PM by STT
 #16662

Its all about size at that point, fees dont matter to the largest transactions.   If you have enough then utilize a swap facility to send in an alt and have it converted to BTC and deposited to your address here.   I'm not familiar if they would be ok enough on fees to make that feasible, more then one site offers such a thing I think.   I used to do with this alt coins and a gold deposit, was great they took tons of stuff but then red tape arrived and it got too much hassle to deal with them, crypto has to work at all transaction sizes or I lose belief in it.

Quote
Just set 8/9 gwei fee, and triple your max gas used.

Or use what Bttzed03 suggested earlier and use BSC workaround first.


Useful to know, one exchange I use for ETH has seized up or queued almost 100 dollars worth of ETH saying its not worth their bother to acknowledge the deposit till I can stump up more, since their withdrawal fee is over 30 dollars  I guess they are at least consistent.   I should be grateful they dont forget it altogether, they also have locked hundreds in token worth some numbnuts sent to an exchange address instead of my owned wallet hence the token has never been recognized there.   Always check first wherever you send FUN, probably best buy some first at the destination to make sure its exactly possible to deposit though I've not heard of any especially similar sounding token (GFUN could warrant a warning I guess) or large mixup potential being there.

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May 03, 2021, 09:24:25 PM
 #16663

I tried to contact them but unfortunately didn't receive any information. Has anyone actually tried and received bitcoin?
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May 03, 2021, 11:29:18 PM
 #16664

it would be much better to keep the exchanges threshold same but increase the reward. Currently you only get 0.001 BTC if you have achieved the minimum 100,000 Reward points.

Its a 1:1 ratio and I think its fair though. According to TheQuin's post, you get 1 RP for every 500 satoshi wagered so thats 0.2% rakeback which is pretty much industry standard. Giving higher reward for the RP would benefit the players more although some site usually give higher percentage depending on your wagered amount but there is no that sort of stuff in freebitco.in

I have a question with freebitco. As I remember, you had a website named freedoge.co.in

Probably this

We closed Doge down because it was never profitable and we were encountering more and more problems with the Doge core software being unreliable. The code hasn't been maintained for many years there is no hope that will ever get sorted out. There has been a long delay paying out final withdrawals for the same reason. Our Doge node crashed and required rebuilding. The latest update I have is that it has finally stopped crashing and is about 50% way through resynching the entire Doge blockchain.

Back then it gave you few doge but with the current price, it probably will give you fraction of it. Imagine getting 0.05 doge for every claim
Getting 0.05 doge every hour would be a pretty good opportunity in fact because according to the current prices it would mean you get the equivalent of 37 BTC satoshis at every claims. I don't know any faucet offering such a pay rate currently.

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May 04, 2021, 12:01:45 AM
Merited by DarkStar_ (10)
 #16665

Sometimes I get promotional emails from freebitcoin regarding the deposit promo after I clicked it turned out that only bitcoin deposit methods were available of course I avoid everything that uses bitcoin for deposits so I mean why not provide other methods such as altcoins

Fees have been low recently. Transactions with a fee as low as 4 sats/vbyte are getting confirmed and it might go even lower. It just depends on the wallet or service you are using to store your bitcoin. I tried to make a withdrawal from a certain website and they were charging over $10 in fees so I have not been able to take advantage of this promotion.


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May 04, 2021, 12:34:20 AM
 #16666

I tried to contact them but unfortunately didn't receive any information. Has anyone actually tried and received bitcoin?
Who did you contact?  Is it in the support email?  What information do you expect to receive after you contact them?  This post is very incomplete and please make it specific to give you the right answer and help you with your query.

Which do you refer to being tested to receive Bitcoin?  To deposit?  at the faucet?  or to which?

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May 04, 2021, 01:21:36 AM
 #16667

In my opinion, You must regularly claim the faucet when you have exchanged your RP for boosting rewards from the faucet, at least you have to roll more than 10x, less than that RP will be wasted.
Spending RP on claiming the bonus booster will only be effective if you are sure you will have a lot of free time or you will be able to recoup even more than you spent after activating it.  If you have not yet achieved the goal of reaching 100K RP, maybe you should target to reach it first rather than being included in winning the lottery contest because it is not easy to win there.  We get free lottery tickets at WOF.  And we can also change to get RP in exchange for lottery tickets in the settings.
That's what I mean, my maximum ability to claim faucets per day is only 10-12x, and I rarely change my RP to boost faucet rewards. You are right it is very difficult to win the lottery so it would be better if deactivate it and choose to get RP instead, and I have done it

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May 04, 2021, 02:20:13 AM
 #16668

Sometimes I get promotional emails from freebitcoin regarding the deposit promo after I clicked it turned out that only bitcoin deposit methods were available of course I avoid everything that uses bitcoin for deposits so I mean why not provide other methods such as altcoins
Maybe because name of website is FreeBitco.in, not FreeAltco.in
But yeah, it would be nice if they would start supporting altcoin deposits. I remember they planned to support few main altcoins year or two ago, but so far it wasn't implemented. When transaction fees is so high, Bitcoin deposit isn't good option.

That plan got shelved mainly because we don't really want to get into being an exchange. There's a lot of regulatory implications involved in that. You might remember we used to offer ShapeShift deposits before they were forced to implement KYC. We are looking at alternative solutions to avoid high fees when the network is busy. At the moment Lightning Network still looks like it would be difficult to implement and there probably wouldn't be enough usage to make it worthwhile.

The good news, for now, is the mempool is clearing out and there should be many opportunities for low transaction fees until the next difficulty retarget (about the next 9 days).

freebitcoin.TO WIN A  LAMBORGHINI!..

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May 04, 2021, 02:48:04 AM
Merited by TheQuin (1)
 #16669

Sometimes I get promotional emails from freebitcoin regarding the deposit promo after I clicked it turned out that only bitcoin deposit methods were available of course I avoid everything that uses bitcoin for deposits so I mean why not provide other methods such as altcoins
Maybe because name of website is FreeBitco.in, not FreeAltco.in
But yeah, it would be nice if they would start supporting altcoin deposits. I remember they planned to support few main altcoins year or two ago, but so far it wasn't implemented. When transaction fees is so high, Bitcoin deposit isn't good option.

That plan got shelved mainly because we don't really want to get into being an exchange. There's a lot of regulatory implications involved in that. You might remember we used to offer ShapeShift deposits before they were forced to implement KYC. We are looking at alternative solutions to avoid high fees when the network is busy. At the moment Lightning Network still looks like it would be difficult to implement and there probably wouldn't be enough usage to make it worthwhile.

The good news, for now, is the mempool is clearing out and there should be many opportunities for low transaction fees until the next difficulty retarget (about the next 9 days).

We (FreeBitcoins.com) went the exchange route. Tongue

I'm glad our two services cover a nice spread of crypto stuff.

Our lawyer didn't like the idea of gambling/losing even internet magic money.  Exchange is a bit more straight forward, but a lot more complicated in my opinion.  (no fiat though, lots of people try to add fiat or things that act like fiat... that gets complicated.)



Another fast withdraw off FreeBitco.in... thanks fellas! Tongue

Almost to 10 million Bitcoins processed through the FreeBitco.in account.

My review of Freebitco.in https://freebitcoins.com/blog/freebitco-in-review/ (let me know if you see anything wrong, thanks!)

https://AltQuick.com/exchange/ - Trade altcoins & Bitcoin Testnet coins with real Bitcoin. Fast, private, and easy!
https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
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May 04, 2021, 03:31:21 AM
 #16670

It's the perfect time to take advantage of the deposit bonus for free 10 WOF spins. I was able to send at 5 sats/vbyte and confirmed in the next block. I had mostly lottery small tickets and reward points unlike the last time.
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May 04, 2021, 04:28:40 AM
 #16671

It's the perfect time to take advantage of the deposit bonus for free 10 WOF spins. I was able to send at 5 sats/vbyte and confirmed in the next block. I had mostly lottery small tickets and reward points unlike the last time.

Same, it all boils down to luck. What did you win last time?

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May 04, 2021, 04:52:10 AM
 #16672


We (FreeBitcoins.com) went the exchange route. Tongue

I'm glad our two services cover a nice spread of crypto stuff.

Our lawyer didn't like the idea of gambling/losing even internet magic money.  Exchange is a bit more straight forward, but a lot more complicated in my opinion.  (no fiat though, lots of people try to add fiat or things that act like fiat... that gets complicated.)



Another fast withdraw off FreeBitco.in... thanks fellas! Tongue

Almost to 10 million Bitcoins processed through the FreeBitco.in account.

My review of Freebitco.in https://freebitcoins.com/blog/freebitco-in-review/ (let me know if you see anything wrong, thanks!)

The mere fact of reading that: 9,500,000BTC and when they say 10,000,000BTC this makes me say in my mind that practically 50% of the total limited supply of Bitcoin has passed through freebitco.in, this data is something historical because it makes us reflect that each person who has had Bitcoin or fractions of Bitcoin has put it on Freebitco.in, honestly this data is of another level and speaks very well of what the platform represents.

Very few casinos have such a high traffic effectiveness rate for both users and negotiations, I don't know what the data of a traditional casino is like, of any casino in "Las Vegas" but with all the flow of money that is handled in freebitco.in ,I'm sure it makes a very good competition, Freebitco.in, Stake.com and bitcasino.io have historical data to emphasize.

Quote
We have been withdrawing from FreeBitcoin since 2014. Never once has there been a problem. The automated weekly cashout always arrived on time.

FreeBitcoin has processed almost 9,500,000 Bitcoins… You don’t have to believe me… verify it here: https://blockstream.info/address/329koRvovTyNnd4ADrpR2uJHzXxfvKxta5
Source: ]https://freebitcoins.com/blog/freebitco-in-review/[url][/url]

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May 04, 2021, 05:06:53 AM
 #16673

~snip
Quite right.
 The psychological portrait of a troll is such a not very smart person who has a large complex of ambitions and self-conceit.  He only needs to be discussed, or rather, as a rule, condemned for his actions and statements.  Trolling is basically impossible if you don't answer.  But often indignation prevails and the opponent cannot contain his feelings, and this continues.  Better to overcome yourself and not answer.

That's putting too much work analyzing a troll but you are right, for me though to keep it simple I just always remember the old Internet adage which is "Don't feed the trolls".
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May 04, 2021, 06:00:55 AM
 #16674

In my opinion, You must regularly claim the faucet when you have exchanged your RP for boosting rewards from the faucet, at least you have to roll more than 10x, less than that RP will be wasted.

It's not just your opinion at all. And it's been posted many times already before on different calculations, which you can easily do yourself.

Because base now is only 3/4 satoshi, and the max boost for free BTC is 1000%, so you only get 40 BTC extra per claim. Do this 24 times and you get only 480. Do the math. Not profitable.

RP rewards is constant, so it's always been profitable after 12 rolls.

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TheQuin
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May 04, 2021, 06:23:54 AM
 #16675


We (FreeBitcoins.com) went the exchange route. Tongue

I'm glad our two services cover a nice spread of crypto stuff.

Our lawyer didn't like the idea of gambling/losing even internet magic money.  Exchange is a bit more straight forward, but a lot more complicated in my opinion.  (no fiat though, lots of people try to add fiat or things that act like fiat... that gets complicated.)



Another fast withdraw off FreeBitco.in... thanks fellas! Tongue

Almost to 10 million Bitcoins processed through the FreeBitco.in account.

My review of Freebitco.in https://freebitcoins.com/blog/freebitco-in-review/ (let me know if you see anything wrong, thanks!)

The mere fact of reading that: 9,500,000BTC and when they say 10,000,000BTC this makes me say in my mind that practically 50% of the total limited supply of Bitcoin has passed through freebitco.in, this data is something historical because it makes us reflect that each person who has had Bitcoin or fractions of Bitcoin has put it on Freebitco.in, honestly this data is of another level and speaks very well of what the platform represents.

Very few casinos have such a high traffic effectiveness rate for both users and negotiations, I don't know what the data of a traditional casino is like, of any casino in "Las Vegas" but with all the flow of money that is handled in freebitco.in ,I'm sure it makes a very good competition, Freebitco.in, Stake.com and bitcasino.io have historical data to emphasize.

Quote
We have been withdrawing from FreeBitcoin since 2014. Never once has there been a problem. The automated weekly cashout always arrived on time.

FreeBitcoin has processed almost 9,500,000 Bitcoins… You don’t have to believe me… verify it here: https://blockstream.info/address/329koRvovTyNnd4ADrpR2uJHzXxfvKxta5
Source: https://freebitcoins.com/blog/freebitco-in-review/[url]]]https://freebitcoins.com/blog/freebitco-in-review/[url][/url]

That's only looking at one of our two hot wallets which we have used since December 2017. https://blockchair.com/bitcoin/address/329koRvovTyNnd4ADrpR2uJHzXxfvKxta5
There's another 1,720,665.25097504 BTC on the other https://blockchair.com/bitcoin/address/3LaNNTg87XjTtXAqs55WV5DyWASEZizCXZ

From 2013 - 2017 we didn't have the wallet consolidation process in place and withdrawals were paid out directly from deposits so it's not possible to say how went through in that period.


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freebitco.in PR
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May 04, 2021, 07:51:18 AM
 #16676

Bitcoin Deposit Bonus Activated - 10 Free Spins On Every Deposit!

10 Wheel of Fortune Free Spins every single time you deposit BTC at FreeBitco.in.

Every deposit counts, regardless of the amount. You can redeem the Free Spins immediately to spin the Wheel of Fortune and win exciting rewards such as:

1. A Rolex

2. An iPhone 12 Pro Max

3. Free BTC Up To $15,000

4. Up To 50 Golden Tickets

5. Lottery Tickets/RP

6. Gift Cards

These free spins are in addition to the free spins you receive in the email and the ones you earn as a Premium Member. Also, they don't require a CAPTCHA.Deposit now to get 10 free shots at the Wheel of Fortune today!


Betwrong
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May 04, 2021, 10:04:13 AM
Merited by BayAreaCoins (1)
 #16677

~
My review of Freebitco.in https://freebitcoins.com/blog/freebitco-in-review/ (let me know if you see anything wrong, thanks!)

I've read your review, and everything looks accurate there to me. It's nice and laconic, and I like it.

One thing I would add though. Here

Users have a chance to win $32,500 every week, a Lambo every few months, and other lottery-style winnings ...

since those "other lottery-style winnings" can be pretty significant, I would specify the highest ones, writing something like

and other lottery-style winnings, such as a Rolex, an iPhone 12 Pro Max, a $500 Amazon Gift Card etc., every day.

Also, I just realized that probably the main feature, the chance of winning $200 in BTC every hour, isn't mentioned anywhere. ... Well, I also realized that those additions might make the text less concise, so, idk, maybe it should be left the way it is. Smiley

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May 04, 2021, 02:19:26 PM
 #16678

Hi again

Thanks '@Mahdirakib' for your answer but I did that and PM TheQuin but no answer so far!

And '@TheQuin' as you mentioned here:


Update on Doge: The node is synched and payments have started being made.


Unfortunately, nothing happens, please is there any way for everyone who lost access to their dogecoins to get help?
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May 04, 2021, 02:59:59 PM
 #16679

[...]
Well, first of all, I hear this saying for the first time .. (probably because I have not read the biography of Mark Twain, which contains this expression).
Secondly, I believe that I did not take into account one of the important variables, given that in addition to the 47% chance there is also the value "HI" "Lo" and the fact that I did not use an auto rate. I have no other explanation, because with the usual 47% chance there cannot be 10-15 losses in a row.

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May 04, 2021, 04:23:40 PM
Merited by DarkStar_ (10)
 #16680

Secondly, I believe that I did not take into account one of the important variables, given that in addition to the 47% chance there is also the value "HI" "Lo" and the fact that I did not use an auto rate.
Since the game is provably fair and numbers are determined 100% random, it doesn't really matter if you bet on HI or LO.

I have no other explanation, because with the usual 47% chance there cannot be 10-15 losses in a row.
100 losses in a row is even possible.

By using the doubling strategy (it's also called as martingale strategy), you don't really increase your chance.

Let's say I have 1 BTC and I want to convert it to 2 BTC with HI-LO game.
If I put the whole 1 BTC in a single bet, I will have 47.5% chance of winning.

What if I put 1 mBTC instead of the whole 1 BTC? If I lose, I will double the bet amount. If I win, I will return to 1 mBTC.
Will I increase my chance?

No.
For converting the initial 1 BTC to 2 BTC, using this method, I need to win 1000 bets.
As my total balance is 1000 times my base bet, I can lose the bets up to 10 times in a row.

Let's calculate how much is the probability of winning the bets 1000 times without hitting 10 losses in a row.

(1 - 0.52510)1000 = 0.203 = 20.3%

As calculated above, the chance has decreased to 20.3% from 47.5%

What if I set the base bet amount to 0.001 mBTC instead of 1 mBTC?
In this way, I can lose the bets up to 20 times in a row.

If I do this, I will decrease my chance even more.

(1 - 0.52520)1000000 = 0.079 = 7.9%

Someone may say that I don't want to double my initial balance. I will stop the game, when I make 10% profit.

Again it's not a good idea to use martingale strategy.
If I bet the whole balance and set the multiplier to 1.1, I will have more chance of winning.

.
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