BrewMaster
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There is trouble abrewing
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May 12, 2021, 05:55:09 PM |
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Is the probability of hitting the major prizes really higher in doing that than the daily 14 spins?
it is the same as rolling the dice game and the chances of you hitting the top prize there ($200) is similar (not the same) to chances of winning the big rewards by spinning the wheel of fortune. in other words it is a low chance that you can hit with 1 spin or never with a million spins.
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There is a FOMO brewing...
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DarkStar_
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Activity: 2772
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May 12, 2021, 06:36:49 PM |
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~ I will post a breakdown here after.
Great, I always want to check these numbers though I'm waiting for the breakdown as well. Seeing the table of probabilities is one thing, but seeing someone's real results after 1,000 WoF rolls is very interesting. Actually, I'd like to see such breakdowns posted by other people with 1,000+ rolls too, let alone official stats from the site, that would be fantastic. WOF spins are provably fair the same way normal rolls are (the Multiply BTC page will show your WOF spins in history), so I'm not too sure what you're expecting to see. 1000 spins is a decent number, but given that a lot of the prizes are < 1% chance, you'll still see a lot of variance. I'm curious about the 1000 WOF free spins. Is the probability of hitting the major prizes really higher in doing that than the daily 14 spins?
Does anyone also know how many FUN is held by users on freebitco.in? The 500K caught me by surprise to be honest hehe. That's probably over $20K when it was bought.
The chance is exactly the same. The benefit from saving is that all of the lottery tickets you get will be played in a single round, increasing your chance of winning the lottery in that single round at the cost of previous rounds.
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taking a break - expect delayed responses
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FanEagle
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Activity: 3038
Merit: 1129
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May 12, 2021, 09:06:26 PM |
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How much did you lose in 3 weeks precisely? Because AFAIK Funfair didn't go down in USD neither in BTC during the last 3weeks. It was at 63sats and 0.034$ exactly 3 weeks ago, so you rather should have earn money from your holding position so far in addition to the free money you got in satoshis and RP points from your WOF spins, your interest bonus and your rakeback.
Do not forget that you also get a higher interest rate and other perks like ticket which should only be valid if you win, but at least gives you a better chance to win. Long story short like I always say, even if it goes down to 1 satoshi one day, that means we are still profiting from this fun token in the long run, it is integrated into freebitcoin. This is a major change that doesn't get enough credit for what it is, people are talking about it like it is just another token and that's it, but people do not talk about how this changes freebitcoin so much. This place has been a great place for years, it has been one of the most visited crypto websites in the world for years, they didn't had to change anything, they could have gone the same forever and they would have still made so much money, but they improved it so much with this, it is incredible.
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STT
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May 13, 2021, 12:21:39 AM Last edit: May 13, 2021, 12:45:24 AM by STT |
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I'm curious about the 1000 WOF free spins. It does sound kinda cool, I wont comment on the chances exactly but I appreciate the aim of a moon shot type deal where you try to get the best chance rather then by an accumulated distribution. My quick idea to improve odds or returns is to stream the wheel spins on Twitch and also post referral link for anyone wanting to join, if you could somehow publicize it maybe contact someone who already does gambling streams then you could benefit that way for sure. My reference for that is many gamble streams are quite modest but attempting many times for a grander prize, can easily get an audience. I wasnt sure if there was a limit to keeping them and I only got to like 50 before I used most up. Nice to know if I go away a while they stack up for when I get back. The other aspect I kinda think about is the variable reward via the volatility in BTC pricing and thats always going to be there imo. Doing the spins when price is lower brings a higher reward in BTC terms so I always like watching pricing for the swings it goes through, on a thousand iterations that potential difference adds upto something.
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Juggy777
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May 13, 2021, 09:03:42 AM |
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Is the probability of hitting the major prizes really higher in doing that than the daily 14 spins?
it is the same as rolling the dice game and the chances of you hitting the top prize there ($200) is similar (not the same) to chances of winning the big rewards by spinning the wheel of fortune. in other words it is a low chance that you can hit with 1 spin or never with a million spins. I don’t think having high number of spins will increase your odds, as it’s probably fair and most importantly it’s luck based. Furthermore to illustrate more I have only hit 9999 once on freebitco, and post that I have been chasing it for 3 years now, and yet I have not been able to hit it, so you see in the end it all comes down to your luck and not the number of spins.
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Saint-loup
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May 13, 2021, 10:31:42 AM Last edit: May 13, 2021, 10:43:14 AM by Saint-loup |
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it is the same as rolling the dice game and the chances of you hitting the top prize there ($200) is similar (not the same) to chances of winning the big rewards by spinning the wheel of fortune. in other words it is a low chance that you can hit with 1 spin or never with a million spins.
I don’t think having high number of spins will increase your odds, as it’s probably fair and most importantly it’s luck based. Furthermore to illustrate more I have only hit 9999 once on freebitco, and post that I have been chasing it for 3 years now, and yet I have not been able to hit it, so you see in the end it all comes down to your luck and not the number of spins. No you are wrong, you have obviously more chances to get at least one tail by tossing several times a coin than by tossing it one single time. You have 1/2 chances(50%) to get a Tail when you flip a coin one time : H T But you have 3/4 chances(75%) to get it if you flip the coin 2 times HH HT TH TT And 7/8 chances(87,5%) for 3 times. HHH HHT HTH HTT THH THT TTH TTT
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freebitco.in PR
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freebitco.in Official PR Account
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May 13, 2021, 02:17:56 PM |
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The First Step of the iGaming Revolution - FUN Token Casino Coming Soon!FUN Token was created as a way of harnessing blockchain tech to make online gaming truly fair, secure, and transparent using a decentralized framework. FreeBitco.in acquired FUN Token in 2021 and it's time to take the first step in fulfilling that vision... FUN Token is developing a Decentralized Casino for FUN on the Ethereum mainnet! This casino is set to be launched this quarter. FUN Token transactions will be limited to deposits and withdrawals only to reduce the impact of high gas fees. Gaming operations will begin in earnest post-launch. Furthermore, details of a Token Burning Program will be released in Q2 2021. This program will utilize the profits earned through the gaming operations to fuel the regular burning of tokens. Click here to take a look at the FUN Token Roadmap Q1 2022. We're bringing decentralized gaming to the mainstream. Invest in the future of iGaming with FUN Token and join the revolution!
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babygun
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May 13, 2021, 03:05:35 PM |
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Could you share some more news about the FUN casino?Will it contain only in-house games such as Dice, Crash,... or also 3rd party slots?
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jaberwock
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Activity: 2730
Merit: 1127
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May 13, 2021, 06:58:14 PM |
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It does sound kinda cool, I wont comment on the chances exactly but I appreciate the aim of a moon shot type deal where you try to get the best chance rather then by an accumulated distribution. My quick idea to improve odds or returns is to stream the wheel spins on Twitch and also post referral link for anyone wanting to join, if you could somehow publicize it maybe contact someone who already does gambling streams then you could benefit that way for sure. My reference for that is many gamble streams are quite modest but attempting many times for a grander prize, can easily get an audience. I wasnt sure if there was a limit to keeping them and I only got to like 50 before I used most up. Nice to know if I go away a while they stack up for when I get back. The other aspect I kinda think about is the variable reward via the volatility in BTC pricing and thats always going to be there imo. Doing the spins when price is lower brings a higher reward in BTC terms so I always like watching pricing for the swings it goes through, on a thousand iterations that potential difference adds upto something.
It is usually giveaways that draws people to gambling streamers. If you have a casino that can help you with affiliate links, you just share that on your stream and either make it a competition or a giveaway. If people stay there, and then share stuff with you, like screenshots of their accounts or whatever, you can pick one and give some money away to some giveaway winner. However one thing is for sure, competitions are more fair situations, get people to join from your affiliate link, gamble and the one with the biggest gamble gets the prize. It doesn't matter how you do it but in order to get people to be interested in your stream, you have to do giveaways, that is the marketing of twitch. You may also partner with other streamers, if they are willing to host you, that would probably make a good amount of profit for your streams as well.
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Mahdirakib
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In Search of Incredible
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May 13, 2021, 07:48:45 PM |
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No you are wrong, you have obviously more chances to get at least one tail by tossing several times a coin than by tossing it one single time. You have 1/2 chances(50%) to get a Tail when you flip a coin one time : ~snip~
Obviously there is more chance to get bigger prize from large number of WOF spins but this is just probability not guaranteed. I have made more than 83k bets in multiply game and claimed 17k+ hourly faucet. But I got the lucky number 10,000 only one time and it was during multiply game. Where many people get the top number within few rolls. So, I also think that the outcomes are random but it is fully luck based. Nothing can be changed in the outcome of WOF games by learning the odds.
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Saint-loup
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May 14, 2021, 12:28:16 AM |
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No you are wrong, you have obviously more chances to get at least one tail by tossing several times a coin than by tossing it one single time. You have 1/2 chances(50%) to get a Tail when you flip a coin one time : ~snip~
Obviously there is more chance to get bigger prize from large number of WOF spins but this is just probability not guaranteed. I have made more than 83k bets in multiply game and claimed 17k+ hourly faucet. But I got the lucky number 10,000 only one time and it was during multiply game. Where many people get the top number within few rolls. So, I also think that the outcomes are random but it is fully luck based. Nothing can be changed in the outcome of WOF games by learning the odds. It's almost the same for me I've never got the 10 000 number at the free btc game in more than 8k free rolls played while I got it several times at the multiply btc game in 127k multiply btc rolls played according to my personal stats page. So in my personal experience I got more 10 000 number wins by playing more rolls.
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freebitco.in PR
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freebitco.in Official PR Account
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May 14, 2021, 08:22:17 AM |
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Could you share some more news about the FUN casino?Will it contain only in-house games such as Dice, Crash,... or also 3rd party slots?
A host of features and goodies are in development for the FUN Casino. We'll keep you updated regarding the same. Stay tuned, there's a bunch of good stuff coming!
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newwest
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★777Coin.com★ Fun BTC Casino!
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May 14, 2021, 09:41:40 AM |
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No you are wrong, you have obviously more chances to get at least one tail by tossing several times a coin than by tossing it one single time. You have 1/2 chances(50%) to get a Tail when you flip a coin one time : ~snip~
Obviously there is more chance to get bigger prize from large number of WOF spins but this is just probability not guaranteed. I have made more than 83k bets in multiply game and claimed 17k+ hourly faucet. But I got the lucky number 10,000 only one time and it was during multiply game. Where many people get the top number within few rolls. So, I also think that the outcomes are random but it is fully luck based. Nothing can be changed in the outcome of WOF games by learning the odds. It's almost the same for me I've never got the 10 000 number at the free btc game in more than 8k free rolls played while I got it several times at the multiply btc game in 127k multiply btc rolls played according to my personal stats page. So in my personal experience I got more 10 000 number wins by playing more rolls. I never made it above the 2 tier yet in last few months, so 10k for me is just a dream for now unless it happens any time in future. Just wondering the basic level should be increased from 1 sat to higher and littler bit if need to be compensated can be done form the higher levels so that it will balance out for the site.
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freebitco.in PR
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May 14, 2021, 12:22:52 PM |
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The Daily Progressive Jackpot Ends in 3 HOURS!User 37068028 is leading the pack with 6 BTC wagered. Can you grab the top spot before the timer ends? Congratulations to User Id 21392325 for winning USD 3080 yesterday.
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dezoel
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Leading Crypto Sports Betting & Casino Platform
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May 14, 2021, 03:32:26 PM |
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Guys everyone is aware of the fact that the results are randomly generated with a set limit right? Like if it is between 0-10k (was it 1 and 10k or 0 and 10k? I forgot that) the result can't be 20k, because the max is 10k, which means anything between those numbers are just luck. You could roll your first ever free faucet and get that 200 dollars, or you could roll 100k times and not get it, it is all random and based on luck.
It is not about finding the correct way, there is no correct way, you will always end up losing a ton of money if you keep focusing making that kind of decision, you will not be making that kind of profit in the long run at all, it is just pure random and if you try to consider if x method is better or y method is better you will always be upset with the results because they will all lead to the same result as long as you keep gambling; pure random.
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Mahdirakib
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In Search of Incredible
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May 14, 2021, 05:09:55 PM |
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Guys everyone is aware of the fact that the results are randomly generated with a set limit right? Like if it is between 0-10k (was it 1 and 10k or 0 and 10k? I forgot that) the result can't be 20k, because the max is 10k, which means anything between those numbers are just luck. You could roll your first ever free faucet and get that 200 dollars, or you could roll 100k times and not get it, it is all random and based on luck. ~snip~
Yeah, the numbers (from 0 to 10k) are randomly generated and most of us aware about it. I have also said the same thing, the result isn't based on probability always. It just gives a hope and everything happens randomly. We can't manipulate the result and freebitco can't cheat us as well. The outcome is provably fair which is verifiable. But the possibility become higher to get a lucky number while we made a lot of bets/roll without getting that.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Saint-loup
Legendary
Offline
Activity: 2786
Merit: 2428
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May 14, 2021, 10:20:46 PM |
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Guys everyone is aware of the fact that the results are randomly generated with a set limit right? Like if it is between 0-10k (was it 1 and 10k or 0 and 10k? I forgot that) the result can't be 20k, because the max is 10k, which means anything between those numbers are just luck. You could roll your first ever free faucet and get that 200 dollars, or you could roll 100k times and not get it, it is all random and based on luck.
It is not about finding the correct way, there is no correct way, you will always end up losing a ton of money if you keep focusing making that kind of decision, you will not be making that kind of profit in the long run at all, it is just pure random and if you try to consider if x method is better or y method is better you will always be upset with the results because they will all lead to the same result as long as you keep gambling; pure random.
In fact the results aren't fully randomly generated because you can use whatever client seed you want to generate the final number. And it can be the same word or the same "lucky" number at each roll if you want. The random generated part is the house seed, it is chosen before each roll by the house and its SHA-256 hashcode is provided to you. You need to click on the string "THIS GAME IS PROVABLY FAIR!" to see it and to enter your personal seed if you want it. How are rolls calculated?
Two strings are created : STRING1 = "[NONCE]:[SERVER SEED]:[NONCE]" STRING2 = "[NONCE]:[CLIENT SEED]:[NONCE]"
Then HMAC-SHA512 is used to hash STRING1 with STRING2 as the secret key, giving us a 128 character hex string. The first 8 characters of the hex string are taken and converted to a decimal. This decimal is then divided by 429496.7295 and rounded off to the nearest whole number. This whole number is used as your roll, with the maximum possible value being 10,000.
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freebitco.in PR
Copper Member
Member
Offline
Activity: 1485
Merit: 23
freebitco.in Official PR Account
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May 15, 2021, 09:28:39 AM |
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Football Betting - Predict the Champions of Europe and Win!It has been another great year for English football as two English clubs battle it out in the Champions League final for the second time in two years. Manchester City play in their first-ever Champions League final and look to be favorites. Meanwhile, Thomas Tuchel is preparing to spoil their party with a resolute Chelsea side gunning for a 2nd Champions League title. Who'll win? Odds: 1.51 on Man City to Win, 2.47 on Chelsea to Win Another English club, Manchester United, goes against Villarreal in the Europa League final. United are the clear favorites going into the fixture, but Villarreal has Europa League specialist Unai Emery at the helm. Who'll take the title? Odds: 1.35 on Man Utd to Win, 3.05 on Villarreal to Win Predict the outcomes of these football matches and more to win BTC at FreeBitco.in!
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virasog
Legendary
Online
Activity: 3150
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
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May 15, 2021, 10:07:13 AM |
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Could you share some more news about the FUN casino?Will it contain only in-house games such as Dice, Crash,... or also 3rd party slots?
A host of features and goodies are in development for the FUN Casino. We'll keep you updated regarding the same. Stay tuned, there's a bunch of good stuff coming! Good to know that now freebitco users will be able to enjoy the full fledged casino and not limited to only few games like "multiply BTC". I would like to know if this casino will be integrated in the same site or will you launch the Fun casino as a separate URL/domain ?
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UserU
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May 15, 2021, 10:16:09 AM |
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Good to know that now freebitco users will be able to enjoy the full fledged casino and not limited to only few games like "multiply BTC". I would like to know if this casino will be integrated in the same site or will you launch the Fun casino as a separate URL/domain ?
Most probably a separate casino by itself. It'd make more sense that the Freebitcoin stays as a BTC brand with FUN as its own. In a way the FUN casino could sport a more gambling-centric layout.
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