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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 525078 times)
NJ89
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May 23, 2021, 11:11:34 AM
 #16901

Can anyone explain the interest payout here? It's only a 1 sat difference, but I just don't get it?

https://imgur.com/LDZZyqx

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May 23, 2021, 11:39:28 AM
Last edit: May 23, 2021, 06:12:18 PM by STT
 #16902

soslex you making me feel ill bro :O    stay chill when betting for best time.    Sports combo bets make more sense for accumulating larger wins, still risky but at least you can reason the streak and only requires a small start not adding into a loss.


I noticed the wheel spins are maxing out back to the what it started with 50 or 500 or 5000    nicer to see then the reduced amount though I realize people upset on price falling I stopped thinking in terms of moving it back to USD anyway as its increasingly a hassle or negative to consider doing so on a regular basis anyhow.  [My reason to do so is in reference to WB and others, the price on any one day or limited time is not always a true reflection of a longer term value ie. price panics into inaccuracy easily.)

Token price fell for FUN so topped up some and will add till Im the next tier, might as well again I think it counts as some negative to get a cheaper price.

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May 23, 2021, 11:45:43 AM
 #16903

In case anyone wants a real example of why Martingale is a horrible strategy and how quickly things can go terribly wrong, I've got one for you:

https://imgur.com/a/ZeDUurN

After swearing off dice forever, I started dipping my toes in again recently. I think this will scare me off playing again for a while. Friendly reminder that if you decide to gamble, never chase your losses, and when the fun stops, stop.
It's likely not using bitcoin, am i right? It's just XRP coin from what i've seen. The red streak could be longer than that, my friend ever had more than 18 streak losses in 2x multipler and mine was 13 streak losses as longest. Using martingale straregy will be only bust your money

There is only bitcoin supported on this website so that is almost $20,000 risked in a single bet.
It happened because he started with a sizable fund of around $ 35 (based on current prices).
I once did a martingale starting with only one satoshi, what's different from soslex is that if I initially chose LO then until I got win I would still choose LO.

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May 23, 2021, 11:54:06 AM
 #16904

Can anyone explain the interest payout here? It's only a 1 sat difference, but I just don't get it?

there is 4.08% annual interest, you have to divide by a month and a day, but if you still confusing about that, maybe you have to read in the FAQ I quote;

Quote
Daily interest will be calculated at a random time everyday @ 0.0109589% per day


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May 23, 2021, 03:21:36 PM
 #16905

Does anyone get this error?



I tried to access the site since this morning, but no luck...

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May 23, 2021, 04:01:32 PM
 #16906

Does anyone get this error? ~
I tried to access the site since this morning, but no luck...
No problem here. Seems like the error is happening for the ‘rate limiting system’ of freebitco. Maybe freebitco has detected you as a bot (not sure) and for this reason you facing the error. Try again later or use different ISP, it may work there.

R


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May 23, 2021, 06:08:20 PM
 #16907

Does anyone get this error?



I tried to access the site since this morning, but no luck...

No issues also on my side, although I had a similar issue at another site. Did you try using another browser?

I am glad I didn't bet yet on BTC prize for May as the price keeps on dropping, lots of volatility right now.



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May 23, 2021, 09:41:47 PM
 #16908

Token price fell for FUN so topped up some and will add till Im the next tier, might as well again I think it counts as some negative to get a cheaper price.

I think that freebitco choose the best time for FUN token, they started FUN when the BTC started to rise. When bitcoin rises, altcoins rise too, so, this was a great match from them but FUN didn't rise, it was usually in the range of 0.025-0.055, on average it was roughly 0.04.

I think it's the best time again for freebitco to run an aggressive marketing campaign and finally skyrocket this coin. Freebitco is one of the oldest project in crypto industry, this website has a lot of potential and their traffic proves that they are still keeping high positions but I think they need rebranding, it will be the key for their future success. New logo, new and improved UI, new casino features, etc... I think it's time for this changes!

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May 23, 2021, 10:05:54 PM
 #16909

They've certainly placed their bets on this price range because they thought the final odds will be profitable for this outcome, it's not easy to predict how odds will finish in a mutual betting market, that's why it's usually better to wait till the last hours and even the last minutes to place bets on those particular markets. But I don't think bettors place their bets based on a so-called normal situation, those doing that are wrong and are the losers, bettors should place their bets based on the likeliness of situations to happen, and a dip of the BTC price is never unlikely to happen. That's reality.

Not at all easy. The only advantage I can really see is the early bird multiplier -- and going in against the majority of the market, which is where the real value is. Have played only a few times on bets here and the value on a regular book for sports is way better than here, counting the fact you pay out commissions and don't get a good multiplier -- I've looked back and saw the difference to be too much (even at almost max multiplier).

So yeah, only go in last minute, to get the best idea of odds -- but in which case you still see higher value in most regular markets. I could be wrong though, or don't have enough experience here.
Well I was replying to Mahdirakib and we were talking about betting on the BTC price range on Freebitco.in actually. We were not talking about sport bets and I don't know any other sportsbook offering bets on the BTC price range, so I don't understand how we could do arbitrages with other sportsbooks. In fact forecasting BTC and other cryptocurrencies price is extremely hard because of the volatile nature of crypto assets, that's why bookmakers are not able to calculate odds for that and only parimutuel betting sportsbooks like freebitco.in can offer markets for this kind of bets.

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May 23, 2021, 10:14:19 PM
 #16910

Well I was replying to Mahdirakib and we were talking about betting on the BTC price range on Freebitco.in actually. We were not talking about sport bets and I don't know any other sportsbook offering bets on the BTC price range, so I don't understand how we could do arbitrages with other sportsbooks. In fact forecasting BTC and other cryptocurrencies price is extremely hard because of the volatile nature of crypto assets, that's why bookmakers are not able to calculate odds for that and only parimutuel betting sportsbooks like freebitco.in can offer markets for this kind of bets.

Betting on btc price range forecasts? How is it possible?
Are there some price tiers with specified odds which change frequently based on the bets each tier gets? Or they are fixed by the website? I didn't go to freebitcoin since years now as the faucet value is nothing because of the price of btc, but if the prizes are big to predict btc price, I guess will need to begin playing there. Wink
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May 23, 2021, 11:09:18 PM
 #16911

Well I was replying to Mahdirakib and we were talking about betting on the BTC price range on Freebitco.in actually. We were not talking about sport bets and I don't know any other sportsbook offering bets on the BTC price range, so I don't understand how we could do arbitrages with other sportsbooks. In fact forecasting BTC and other cryptocurrencies price is extremely hard because of the volatile nature of crypto assets, that's why bookmakers are not able to calculate odds for that and only parimutuel betting sportsbooks like freebitco.in can offer markets for this kind of bets.

Betting on btc price range forecasts? How is it possible?
Are there some price tiers with specified odds which change frequently based on the bets each tier gets? Or they are fixed by the website? I didn't go to freebitcoin since years now as the faucet value is nothing because of the price of btc, but if the prizes are big to predict btc price, I guess will need to begin playing there. Wink
Yes that's exactly how it works, odds are not fixed by the website or by an odds provider, but they are calculated from the amounts bet on each price range previously defined by the website, so odds currently appearing on the page are not the final odds that will be used for the payouts at the end but just stand for an indication of it. Hence it means you have to guess the right outcome but you also need to guess what will be the final odds for this outcome.


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May 23, 2021, 11:24:53 PM
 #16912

Yes that's exactly how it works, odds are not fixed by the website or by an odds provider, but they are calculated from the amounts bet on each price range previously defined by the website, so odds currently appearing on the page are not the final odds that will be used for the payouts at the end and are just standing for an indication. Hence it means you have to guess the right outcome but you also need to guess what will be the final odds for this outcome.



Wow, I expected something similar.
I got it about the price tiers, but what is the time range? Is it fixed or do we have options to choose from that too? Like 5 minutes, 1 hour, 3 hours, daily bet, weekly bet, etc.?
Is there a ticket (the bet) need to be bought to play this? Or we can use the faucet funds to bet on it?
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May 24, 2021, 04:50:41 AM
 #16913

Yes that's exactly how it works, odds are not fixed by the website or by an odds provider, but they are calculated from the amounts bet on each price range previously defined by the website, so odds currently appearing on the page are not the final odds that will be used for the payouts at the end and are just standing for an indication. Hence it means you have to guess the right outcome but you also need to guess what will be the final odds for this outcome.



Wow, I expected something similar.
I got it about the price tiers, but what is the time range? Is it fixed or do we have options to choose from that too? Like 5 minutes, 1 hour, 3 hours, daily bet, weekly bet, etc.?
Is there a ticket (the bet) need to be bought to play this? Or we can use the faucet funds to bet on it?
You can place your bet at any price range at any time, you can even select all price ranges that you think might be the price of BTC at the end of this month, but usually players will calculate every possible win.
Of course you can use fund from the free roll.

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May 24, 2021, 06:49:32 AM
 #16914

Try again later or use different ISP, it may work there.

Did you try using another browser?
It's fine today. It seems IP related issue, not browser one. Thanks!



I bought the dip lol, and it seems FUN token also really cheap atm, but the fees are not fun at all! I hope we can deposit/withdraw using cheaper network, such as BSC. 338 FUN to withdraw is such a waste for a casual user.

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May 24, 2021, 07:35:47 AM
 #16915

Collect as many tickets as you can by wagering and free spins to increase your chance of winning up to $7,500 in BTC on the coming Sunday.

Congratulations to the 10 Lucky Winners of Lottery Round 312.


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May 24, 2021, 07:38:35 AM
 #16916

Well I was replying to Mahdirakib and we were talking about betting on the BTC price range on Freebitco.in actually. We were not talking about sport bets and I don't know any other sportsbook offering bets on the BTC price range, so I don't understand how we could do arbitrages with other sportsbooks. In fact forecasting BTC and other cryptocurrencies price is extremely hard because of the volatile nature of crypto assets, that's why bookmakers are not able to calculate odds for that and only parimutuel betting sportsbooks like freebitco.in can offer markets for this kind of bets.

I guess I misled when I said regular books for sports but I also was referring to prediction books (order books). I don't want to mention names here but there are quite a number of other prediction markets, mainly like player taker/maker style (P2P) but also some where the platform itself sets up the ranges like Freebitcoin does. And the newer ones are doing it for sports, gambling, markets (Bitcoin, stocks etc.) and also implement some sort of early bird multiplier, with perimutual mechanism. I believe it is somewhat similar but not my favourite so don't compare much. So these were all the ones I'm referring to, but I still see it playing out to better odds in the "regular" p2p fixed odds taker/maker. Again, just my own experience, which is fairly limited.

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May 24, 2021, 07:40:13 AM
 #16917

Collect as many tickets as you can by wagering and free spins to increase your chance of winning up to $7,500 in BTC on the coming Sunday.

Congratulations to the 10 Lucky Winners of Lottery Round 312.


Congratulations to the winners. Fourth one on the table is the luckiest, because to win a prize with 56 tickets among the whales with 5000+ tickets isn't an easy thing. How much need to be wagered to receive a ticket. With Stake we need to wager $1000 to receive a ticket. Everywhere whales make the win. Why don't you make some competition for the common users who make some wagers here and there.

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May 24, 2021, 07:59:15 AM
 #16918

I think they use a fair process for the lottery.Chances are increased if you are a premium member which holds at least 12500 Fun tokens as this gives you 5 free spins daily in the wheel of fortune and you can win tickets there even big amounts like 5000 tickets in a spin.As always if you don't like lottery you disable it and you get reward points instead.

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May 24, 2021, 09:02:40 AM
 #16919

338 FUN to withdraw is such a waste for a casual user.
that's not enough minimum withdrawal also (1000 FUN) with a 658 FUN transaction fee.

How much need to be wagered to receive a ticket.
by Rolling free BTC every hour we can receive 2 free lottery tickets.

if you don't like lottery you disable it and you get reward points instead.
I just know we can disable lottery, where the button?

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May 24, 2021, 09:59:41 AM
 #16920

In social media you will see many videos where they are making huge wins and i am always skeptical in those videos always and they always promote their reference links and the video views and until they are transparent about these win and the users can verify those rolls then i will believe and i have not seen anyone providing that.
That's true, most of those people do get paid to do those kinds of videos, and unless the wins are faked by some fake software that looks like the websites, I think they are real. I mean you can pay a streamer to show your website, you can give them maybe like 1000 dollars to their wallet, and 5000 dollars to the casino account so that they can gamble, and that way they will gamble with free 5000 dollars and they can lose it all if they want to, or if they earn a lot after the agreed amount ends (let's say like 20 hours of gambling with min 20 dollar bet) then they can keep the rest, but any win they get is their luck and I doubt it is faked.

Freebitcoin never really needed marketing like that, they are already one of the most known crypto websites, I still can't believe that they still have the same design after 500 years but this website may look like a small time niche website but reality is that they are bigger than most million dollars worth of websites.

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