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

[PawGo]

Any plans for betting for Real - Atletico game? 4 more days left (TW multiplier is 69), currently odds are: draw 2.32, Atletico 2.65, Real 2.87.

What is interesting, it seems that bets for Atletico has received some serious amounts, as it has only 213 bets, while Real has 1,279.

The most probably I will bet on Atletico too.

[mindrust]

So what is the best route to spend WoF's?

Save them and spend them all at once?

I was spending my WoF's daily but if it makes more sense to save up, then I'll do that.

Right now getting 50 sats from WoF's.

[Betwrong]

Yes, it is unlikely if we take only one week, but take 30 weeks, and it is not that unlikely anymore, right?

The chance would be only around 9.7%

As already calculated, the chance to not win any lottery ticket in a week is 0.338%. This means that the chance to win at least 1 lottery ticket in a week is 99.662%
So, the chance to have at least 1 week without any lottery ticket in a 30 week period is around 9.7%.

1 - 0.99662³⁰ = 0.0966

Yeah, that's what I mean, around 10% isn't a small chance. If someone told you he lost betting with 90% chance of winning you wouldn't be that surprised, right? So, I don't know why people keep saying it's very unlikely. It is just unlikely, but not very unlikely, you know. I wouldn't bet a big amount betting it with 90% win chance, would you?

So what is the best route to spend WoF's?

Save them and spend them all at once?

I was spending my WoF's daily but if it makes more sense to save up, then I'll do that.

Right now getting 50 sats from WoF's.

Saving them and spending all at once I find the least entertaining thing to do with your WoF spins. Spinning the WoF, one spin at a time, every time expecting a great win, that's what I like to do.

[swogerino]

So what is the best route to spend WoF's?

Save them and spend them all at once?

I was spending my WoF's daily but if it makes more sense to save up, then I'll do that.

Right now getting 50 sats from WoF's.

That depends on what you are trying to do with the WoF,if you want to buy FUN tokens when the price is somewhat down it makes more sense to use them and buy them with the satoshi earned from the spins.If you want to use them all at once which I also think is the best thing to do,most likely you should do so before a good event like on Sundays before the lottery tickets so you can get a lot of them and increase your chances to win (although they remain super minimal no matter what you do) or if you will wait a lot longer and you spin them all before the Lambo draw once every 6 months for example.It all depends on your intention.

[PawGo]

Save them and spend them all at once?
Right now getting 50 sats from WoF's.

How many daily WOFs do you have? Do you buy them for RPs?

Remember that freebitco works also like a "saving account", which means you get interest from sats you keep active (available) on your account. In other words - the more sats you have, the more you get, which is one more reason to execute WOFs daily.

[so98nn]

Save them and spend them all at once?
Right now getting 50 sats from WoF's.

How many daily WOFs do you have? Do you buy them for RPs?

Remember that freebitco works also like a "saving account", which means you get interest from sats you keep active (available) on your account. In other words - the more sats you have, the more you get, which is one more reason to execute WOFs daily.

Yeah that’s a good point.  However many times its fun collecting the WOF and expecting good reward in turn in “bulk”. Anyways we start getting the interest thereafter and still enjoy the same level of rewarding Back to our account. By the way many peeps really forget that its better to put our money into freebitco account rather than banks since they are already giving away same interest rate on our savings and with added benefits of having bitcoin in our account. With this interest one can kee adding FUN and enjoy premium benefits too. Many things can be done with planning’s.

[Mahdirakib]

Anyone want to take a guess how long Freebitco.in will go without compulsory KYC (Know Your Customer) verification? It has become a trend for sites to go without it for many years and then suddenly they change business model or they make KYC requirements compulsory.  

Probably the KYC verification system won't be implemented in Freebitco. They don't have gambling license from any operators. Therefore, they are free to take their own decisions. Freebitco has appeared as a faucet site in the crypto community. Now they are more focused on the betting section. But it won't change their anonymous feature. However, freebitco team has created few more gambling sites recently, and all of them has KYC verification system.

[UserU]

How many daily WOFs do you have? Do you buy them for RPs?

Remember that freebitco works also like a "saving account", which means you get interest from sats you keep active (available) on your account. In other words - the more sats you have, the more you get, which is one more reason to execute WOFs daily.

True that. I used to accumulate them until I realized it's better to start earning from the interest since the amount from the Wheel is always fixed at 50 Sats

[Saint-loup]

Save them and spend them all at once?
Right now getting 50 sats from WoF's.

How many daily WOFs do you have? Do you buy them for RPs?

Remember that freebitco works also like a "saving account", which means you get interest from sats you keep active (available) on your account. In other words - the more sats you have, the more you get, which is one more reason to execute WOFs daily.

Yes I agree with you, but even if you win a big satoshi prize, for example 5000 sats. Interests lost are not very large. Because 5000 sats stacked during one month of 30 days on Freebitcoin at 4.08% APY give "only" 16.5 satoshis
5000 x 1.000109589^30 = 5016.46
So losing one month of stacking of WOF satoshi rewards is not so dramatic, I think.

[Slow death]

Anyone want to take a guess how long Freebitco.in will go without compulsory KYC (Know Your Customer) verification? It has become a trend for sites to go without it for many years and then suddenly they change business model or they make KYC requirements compulsory. 

A lot of these sites get a gambling license from some "island"  and they are forced to implement KYC requirements to qualify for this license. Stake.com also have a flexible standpoint on this, but they reward players, if they verify their real identity. (this is a good example of how it should be done) 

looking at Freebitco.in business model I doubt they will start asking for KYC anytime soon, even the regulators if they pay close attention will see that there is not much need for Freebitco.in to have to be demanding KYC, because let's see: what would be the chance for someone to deposit stolen 100 BTC on Freebitco.in and buy lottery ticket and then win to deposit withdraw? winning lottery is something that involves luck, betting and investing at Freebitco.in would also not be attractive to someone who wants to launder 100 stolen BTC, so at Freebitco.in it would not be advantageous for money launderers and regulators will see that. I don't mean to say that Freebitco.in is not good, on the contrary they are a good site, but in conventional casinos there are things like VIP accounts, high odds so for a scammer who stole 100 BTC he will see it as something advantageous to go to the casino to deposit conventional. the strangest part is seeing that european and usa and african countries don't facilitate licenses for online casinos, i really don't understand this posture

[PawGo]

Is there any plan to introduce bets for UEFA Champions League games on early (Groups) stage? Or it will be only on very late stage, like (semi-) finals ets?

I think it could be more (or at least equally) interesting than regular Bundesliga or La Liga games.

[swogerino]

Anyone want to take a guess how long Freebitco.in will go without compulsory KYC (Know Your Customer) verification? It has become a trend for sites to go without it for many years and then suddenly they change business model or they make KYC requirements compulsory.  

Probably the KYC verification system won't be implemented in Freebitco. They don't have gambling license from any operators. Therefore, they are free to take their own decisions. Freebitco has appeared as a faucet site in the crypto community. Now they are more focused on the betting section. But it won't change their anonymous feature. However, freebitco team has created few more gambling sites recently, and all of them has KYC verification system.

People here have won Lambos or the equivalent in money and I don't think they have been asked for KYC when they opted to get their payment in crypto.That is a lot of money considering the price in USD so I don't think they will add such option and I don't think it is needed here.I believe they have strong anti cheat protection through the user ID-s in the site and their way of accessing the site,the mobile,the desktop,what browser do they use and what IP and things like that who make sure people don't cheat with multi accounting.

If KYC is not implemented for a huge amount of money I doubt it will be implemented for other amounts as every other amount here in the site is smaller than the Lambo.

[hosemary]

I believe they have strong anti cheat protection through the user ID-s in the site and their way of accessing the site,the mobile,the desktop,what browser do they use and what IP and things like that who make sure people don't cheat with multi accounting.

KYC isn't asked only for preventing users from cheating.
Many casinos (or other crypto-related services like exchanges) force users to pass KYC due to complying with regulatory rules.
Of course, I agree with you and I don't think they will ever implement KYC. 

[Marvelman]

I believe they have strong anti cheat protection through the user ID-s in the site and their way of accessing the site,the mobile,the desktop,what browser do they use and what IP and things like that who make sure people don't cheat with multi accounting.

KYC isn't asked only for preventing users from cheating.
Many casinos (or other crypto-related services like exchanges) force users to pass KYC due to complying with regulatory rules.
Of course, I agree with you and I don't think they will ever implement KYC. 

I hope you're right. Requiring KYC is a double-edged sword. While it can prevent scammers and cheaters from using the service, it can also limit the freedom of legitimate users as well. I hope that FreeBitcoin has thought things through very carefully, and I hope that they decide in favor of anonymity of players.

[babygun]

True that. I used to accumulate them until I realized it's better to start earning from the interest since the amount from the Wheel is always fixed at 50 Sats

I do the same as you, but didn't think about the extra interest! I just spin them every day as, right now we still get the maximum base amount of 50 satoshis. If the price would rise significantly, the base amount will be also lower than 50 sats.

[STT]

There is no fiat currency input to the site so why does it have to be anytime before forever.   Must I register my favorite baseball cards or pog cards in case somebody values them highly, thats their choice and people can exchange anything they want I cant see it has to get political and constrained by each countries avalanche of red tape.    Some things like aviation fuel for example are protected by law because it could get ridiculous to constrain the free usage globally, I'd hope we conserve some good sense long term its possible at least.

[slaman29]

Yes WOF spins also reduce the bonus percentage, for me it's currently around 0.06% for each spin. I lose more than that with free rolls but my free rolls are above 50 satoshis currently thanks to the bonus, so I can't say if it's the same rate as free rolls and if I would lose this amount on free rolls if I was earning 50 sats by roll. Does anyone know if it's the same rate as a 50 satoshi free roll?

I'm going to keep an eye out on the percentage loss now too and try come back here with my findings... maybe today or this week.

So now I have just did some testing. WoF from email took my bonus % down by exactly 0.0363% per spin. Only managed to test this once today so will see tomorrow if it does the same thing. This compares to a regular freeroll which takes me down by 0.1159, just little over 3x more the WoF. Currently, my total freeroll is about 3x the smallest WoF sats (160 sats vs 50 sats). So that adds up!

Meanwhile I used up all 7 WoFs from daily premium allocation and this took my % down 0.0363 per spin -- so it's the same as from email.

Hard to calculate if it's worthwhile since WoF COULD give you much more than 50 sats... but also tends to give you a lot of lottery tickets. I consider RP same value, just unrealized.

4x RP bonus starts in a few hours so I'll probably start rebuilding my bonus stack a little Or wait til 5x?

[PawGo]

Meanwhile I used up all 7 WoFs from daily premium allocation and this took my % down 0.0363 per spin -- so it's the same as from email.

So, it seems the best is to do nothing. No freerolls, no premium WOFs, no email WOFs... All is against you 

Hard to calculate if it's worthwhile since WoF COULD give you much more than 50 sats... but also tends to give you a lot of lottery tickets. I consider RP same value, just unrealized.

Exactly. 66% chance (if you have hope to convert RPs back to sats one day). The ratio is so 'flat', that in my opinion we may clearly assume one may win only the base reward. Anything more than '50 something' reward, is a lucky roll.

BTW: is there any chance to solve the issue with warning in Opera. It does not look good when you want to introduce site to some (potentially) new users.

[Flexystar]

Meanwhile I used up all 7 WoFs from daily premium allocation and this took my % down 0.0363 per spin -- so it's the same as from email.

So, it seems the best is to do nothing. No freerolls, no premium WOFs, no email WOFs... All is against you 

Hard to calculate if it's worthwhile since WoF COULD give you much more than 50 sats... but also tends to give you a lot of lottery tickets. I consider RP same value, just unrealized.

Exactly. 66% chance (if you have hope to convert RPs back to sats one day). The ratio is so 'flat', that in my opinion we may clearly assume one may win only the base reward. Anything more than '50 something' reward, is a lucky roll.

BTW: is there any chance to solve the issue with warning in Opera. It does not look good when you want to introduce site to some (potentially) new users.

You can always let them know about the site by sharing the actual referral link and let them open it on their desired device + browser. I am not sure how you guys work up with referrals but I have created QR code for my link and usually show it directly to the new person whom I meet in person and want to refer. Anyways that number is also falling behind since I have whole circle by now and also few of them were already on the site before me. :-p

About the 66% chance, well I think we win 66% and loose the remaining over lottery ticket. Every user must be wishing that they should be able to convert the lottery ticket to the sats, but obviously as per business point of view that is not a viable option.

[TheQuin]

Anyone want to take a guess how long Freebitco.in will go without compulsory KYC (Know Your Customer) verification? It has become a trend for sites to go without it for many years and then suddenly they change business model or they make KYC requirements compulsory. 

As long as it is still legally possible to run an unlicensed site and not to implement KYC. We opened other sites that are licenced as a sort of insurance against it ever becoming impossible because we don't want to change Freebitco.in.