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

[UserU]

Decided to try my luck with the free spins, not too shabby although I'd rather have BTC in place of RP

[Mik69]

Would it be possible to add an option to completely exclude yourself from gambling (hi-lo, betting, lottery)? The only way to reactivate it should be through email and/or 2fa, maybe even allow to set a specific timeframe that can't be bypassed.

This would help with two things:

- In case your account gets hijacked, the person can not just gamble all your money away

- It allows people with a gambling problem to put another barrier between them and their addiction

I thinks it's a reasonable feature to implement.

Why a hacker would want to gamble your funds, I don't understand the point of doing that? 
You really think some hackers will want to wait one week to try to get winnings from lottery or bettings while they can just withdraw your funds instantly?
AFAIK if Freebitcoin is able to offer you free bitcoins through its faucet and earning offer that's because people are gambling.
If less people gamble, they won't be able to offer you such yield.

^ Definitely right and I completely agree, it seems these suggestions is not necessary, once your account will be compromised by hijackers probably you will know in just a couple of hour or more a days but not in weeks. For the first suggestion, you can activate your 2FA and ask for verification upon withdrawal and the second one is about ourselves on how to control gambling, it's just self-control.
Nevertheless, glad to hear that until now Freebitco.in did not stop their faucet.

TheQuin already explained why a hacker would gamble with your money way better than I ever could. By the time you notice your account got compromised your coins might already be all gambled away and it would be nice to have another layer of security to protect yourself from that scenario.

And where did I say I don't want people to gamble? People can gamble their butt off for all I care, as long as they do it with money they can afford to lose. That's how the site makes a profit after all. What I do have a problem with is if a person with a mental health problem ruins their life and doesn't get access to any form of help. There is a reason why some casinos provide a one click 24 hour gambling block button with no way to reverse it. I try to think about and understand where my money is coming from and not just get blinded by dollar signs in my eyes, so the lack of any kind of gambling control options stuck out to me on freebitcoin.

[jaberwock]

Is it just me or the bets are just 3? Bets on BTC price, bets on ETH price, and Fun token price. That three are the only ones that are on the betting section as far as I can see, there is nothing more? I thought with the leagues getting closer to an end there would be more football and F1 is right around the corner again so maybe that would be another one as well. I guess they will be added on a later date but having them quicker on the table would be a lot better if we could do that.

I can't say that which one would be better first, but all of them look like they would be great if we could add them. Personally I would love to have F1 as quickly as possible, with Mercedes proving that they are still ahead of everyone else, I want to wager on Lewis Hamilton all over again, make p for that one loss that he (and I had) this season.

[Dewi Aries]

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.

Haha that makes sense but it doesn't answer anything 
Maybe they forgot about it , it's not difficult for them because they had a freedoge site a few years ago it just took a little bit of development to do it
maybe  player will increase if altcoin is available as a deposit.

[Strongkored]

maybe  player will increase if altcoin is available as a deposit.

Even though it's only BTC as an option on FB, they already have 42 million users, however adding altcoins still a good choice.

Is it just me or the bets are just 3? Bets on BTC price, bets on ETH price, and Fun token price. That three are the only ones that are on the betting section as far as I can see, there is nothing more?

My last bet on FB was the CL match between Bayern vs PSG, and I'm still looking at some of the other bets on FB. Maybe they haven't chosen which sport to add at betting sections.

[NABiT]

Is it just me or the bets are just 3?
Personally I would love to have F1 as quickly as possible

Not just you.

Looking forward to more F1 betting too.

[Kakmakr]

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.

Haha that makes sense but it doesn't answer anything  
Maybe they forgot about it , it's not difficult for them because they had a freedoge site a few years ago it just took a little bit of development to do it
maybe  player will increase if altcoin is available as a deposit.

I think they learnt some lessons from hosting the Dodge coin faucet and it will be counter productive for them to open the platform for other Alt coins, because they do not want to create another use case for Alt coins to thrive, when they want people to buy their new token.  

This does not look like a very large operation, with loads of support people that are available 24/7 .... so just imagine if you add 20 extra Alt coins and the support are flooded with additional Alt coin issues.  

Disclaimer : This is just my own observation and opinion.. I might be wrong.  

[TheQuin]

I think they learnt some lessons from hosting the Dodge coin faucet and it will be counter productive for them to open the platform for other Alt coins, because they do not want to create another use case for Alt coins to thrive, when they want people to buy their new token.  

This does not look like a very large operation, with loads of support people that are available 24/7 .... so just imagine if you add 20 extra Alt coins and the support are flooded with additional Alt coin issues.  

Disclaimer : This is just my own observation and opinion.. I might be wrong.  

You're right. There's just wetsuit when it comes to running nodes and wallets and running an altcoin can be much more than doubling the work of running a Bitcoin node.

[slaman29]

Is it just me or the bets are just 3?
Personally I would love to have F1 as quickly as possible

Not just you.

Looking forward to more F1 betting too.

I wonder if it would be too much to open a "Request a next bet" type of thing where we can enter our vote in a poll, and if the poll counts the most popular vote, that becomes the next bet? Maybe something done every 24 hours automatically, would that be too hard to do in a script?

Sorry I know you guys get 100 suggestions:)

[goshko_hubaveca]

hello freebitco.in team . i want to know do you support native segwit. i want to withraw to such an adress on my ledger

[newwest]

Decided to try my luck with the free spins, not too shabby although I'd rather have BTC in place of RP

Congrats not too bad and you got a good reward as well. Though correct more btc would have being the cherry on the top but finally need to be that lucky to get that btc as well as it would just be a certain percentage of the total spins they would be rewarding it. Wish we all can make it big once in the WOF or free spins.

[Betwrong]

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.

You've explained it well, I only disagree with your last sentence. I think the chance of winning is absolutely the same either with martingale or betting with 1.1x multiplier. With this particular multiplier you have 10%+ chances of losing your whole balance right away, with the very first bet, even on a site with the smallest house edge.

[babygun]

Decided to try my luck with the free spins, not too shabby although I'd rather have BTC in place of RP

Not too bad! A lot of RP and some extra satoshi are always welcome! How far are you from the 100,000 RP points?

FUN token price stays to be volatile, we saw another nice price jump 1-2 days ago but now it is again going down.

[UserU]

Not too bad! A lot of RP and some extra satoshi are always welcome! How far are you from the 100,000 RP points?

FUN token price stays to be volatile, we saw another nice price jump 1-2 days ago but now it is again going down.

I'm barely past half of the threshold, so it's still a loooooooong way to go. How about you?

For them tokens, I'm looking to re-enter after selling them for some profit. But yup, it's crazy they almost reached 5 cents that time.

[Jayceeeeee]

Hi, I cannot access my account anymore, my e-mail is projet1jc@gmail.com. Can anyone sole this problem? Regards,

[freebitco.in PR]

Cryptocurrency Betting - How Far Can ETH Go?

Over the last few weeks, BTC shed 25% only to reclaim the $55,000 level, ETH hit new all-time highs, and FUN rallied 25% to hit a two-week high.

Where will they go next?

Predict where BTC, ETH, and FUN Token price could end up on 31st May and win BTC at FreeBitco.in!

Notable odds:

BTC - 6.07 on $55,001 to $57,500
ETH - 6.03 on $3,251 to $3,500
FUN - 7.86 on $0.035001 - $0.040000

[Mahdirakib]

Hi, I cannot access my account anymore, my e-mail is ~~. Can anyone sole this problem? Regards,

What message freebitco showing there while you trying to login? Maybe ‘incorrect login details’, right? If you have forgotten your account password then try to reset your password. It should work if you haven't done anything wrong and got banned. When did you login to your account last time?

[hosseinimr93]

You've explained it well, I only disagree with your last sentence. I think the chance of winning is absolutely the same either with martingale or betting with 1.1x multiplier. With this particular multiplier you have 10%+ chances of losing your whole balance right away, with the very first bet, even on a site with the smallest house edge.

You are right. I calculated the chance of winning in both cases.
Let's say I have 1 BTC and I want to convert it to 1.1 BTC.

If I put the whole 1 BTC is a single bet with multiplier of 1.1, my chance of winning would be 86.36%.

If I use martingale method and set the base bet to 0.001 mBTC 1 mBTC, the chance of converting the 1 BTC to 1.1 BTC would be:

(1 - 0.525¹⁰)¹⁰⁰ = 0.852 = 85.3%

Thank you Betwrong for noticing the typo.

[NABiT]

hello freebitco.in team . i want to know do you support native segwit. i want to withraw to such an adress on my ledger

Native segwit info here from TheQuin

https://bitcointalk.org/index.php?topic=320959.msg54127196#msg54127196

[codegnome]

You've explained it well, I only disagree with your last sentence. I think the chance of winning is absolutely the same either with martingale or betting with 1.1x multiplier. With this particular multiplier you have 10%+ chances of losing your whole balance right away, with the very first bet, even on a site with the smallest house edge.

You are right. I calculated the chance of winning in both cases.
Let's say I have 1 BTC and I want to convert it to 1.1 BTC.

If I put the whole 1 BTC is a single bet with multiplier of 1.1, my chance of winning would be 86.36%.

If I use martingale method and set the base bet to 0.001 mBTC, the chance of converting the 1 BTC to 1.1 BTC would be:

(1 - 0.525¹⁰)¹⁰⁰ = 0.852 = 85.3%

Spoken about Martingale, I found a website that wrote in their terms they would confiscate your funds and close your funds if you use systems like Martingale.
Why would they do that? it is just a strategy, not a way of guaranteed money.
I assume its fine to use this strategy?