dwyane36
Legendary
Offline
Activity: 3010
Merit: 2251
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October 08, 2022, 07:43:51 PM |
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I also am surprised at the level of whales gambling here but mostly they do so because of the sideline prizes because the house edge 5% it is sure to crash every gambler during the long run,they offer daily and monthly jackpots together with tickets and other bonuses to attract the players and being near the Lambo draw this activity increases.
Yes, the 5% house edge is really a lot, and it means that many players will constantly lose in the long run. However, I guess that gambler has some effective strategy that allows him to minimize losses. Obviously, it would be reckless to wager 11 BTC without any strategy because daily jackpots, RP, and other prizes don't compensate for losses due to the house edge.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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swogerino
Legendary
Offline
Activity: 3304
Merit: 1247
Bitcoin Casino Est. 2013
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October 08, 2022, 07:56:27 PM |
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I also am surprised at the level of whales gambling here but mostly they do so because of the sideline prizes because the house edge 5% it is sure to crash every gambler during the long run,they offer daily and monthly jackpots together with tickets and other bonuses to attract the players and being near the Lambo draw this activity increases.
Yes, the 5% house edge is really a lot, and it means that many players will constantly lose in the long run. However, I guess that gambler has some effective strategy that allows him to minimize losses. Obviously, it would be reckless to wager 11 BTC without any strategy because daily jackpots, RP, and other prizes don't compensate for losses due to the house edge. The only strategy I can think of is that they gamble here a lot because of the Lambo draw as no strategy can make you a winner against a big house edge.The RP-s can be used for the next round by exchanging them for WoF 4500 for 5 WoF spins per roll as a bonus,meanwhile the huge number of lottery tickets can significantly boost his chances to win a place there,the daily jackpot also minimizes the loses or if he wagers it that can make even more RP-s and lottery tickets but the main objective of such gambler should be a really huge number of Lambo tickets as the Lambo can make up for all the loses because 11 Bitcoin wagered mean like 1.1 Bitcoin gambled and the Lambo offers many Bitcoins especially right now which the price of Bitcoin is such low.
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Evilash4614
Newbie
Offline
Activity: 1
Merit: 0
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October 08, 2022, 08:13:51 PM |
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I can say that it is fair. I got 4th place in a lottery last month and got 0.01428464 BTC with just 175 tickets.
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Saint-loup
Legendary
Offline
Activity: 2758
Merit: 2421
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October 08, 2022, 08:27:10 PM Last edit: October 08, 2022, 08:42:58 PM by Saint-loup |
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The only strategy I can think of is that they gamble here a lot because of the Lambo draw as no strategy can make you a winner against a big house edge.The RP-s can be used for the next round by exchanging them for WoF 4500 for 5 WoF spins per roll as a bonus,meanwhile the huge number of lottery tickets can significantly boost his chances to win a place there,the daily jackpot also minimizes the loses or if he wagers it that can make even more RP-s and lottery tickets but the main objective of such gambler should be a really huge number of Lambo tickets as the Lambo can make up for all the loses because 11 Bitcoin wagered mean like 1.1 Bitcoin gambled and the Lambo offers many Bitcoins especially right now which the price of Bitcoin is such low.
Don't forget the bonus on the Multiply BTC game. Freebitcoin regularly offers to the players free coins bonuses to wager on this game. I don't really understand how much you need to wager to get it and how the amount given is calculated but it greatly reduces the house edge when you're gambling it, because you still get RP points and lottery tickets for what you're wagering while the coins you gamble are free. So I don't think 5% of house edge is so high, because on slots game it's usually 3% or 4%, you don't have all those bonuses and nobody complains. On sportbooks the house edge is also bigger than that usually.
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hosseinimr93
Legendary
Offline
Activity: 2548
Merit: 5643
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October 08, 2022, 10:25:34 PM |
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Don't forget the bonus on the Multiply BTC game. Freebitcoin regularly offers to the players free coins bonuses to wager on this game. I don't really understand how much you need to wager to get it and how the amount given is calculated but it greatly reduces the house edge when you're gambling it, because you still get RP points and lottery tickets for what you're wagering while the coins you gamble are free.
The bonus you are talking about isn't really free. If you claim a bonus, an amount equal to the bonus is deducted from your main balance and the deducted amount and the bonus goes to bonus account. For the bonus balance being credited to the main account, you have to wager the bonus balance 25 times. Given the 5% house edge, it's expected that you lose the bonus completely and 25% more.
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STT
Legendary
Offline
Activity: 4060
Merit: 1448
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October 08, 2022, 10:47:00 PM |
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I can say that it is fair. I got 4th place in a lottery last month and got 0.01428464 BTC with just 175 tickets.
175 tickets is like the difference between an acorn and an Oak, you just got some of the best luck you ever likely to have numerically at least I remember locking my FUN tokens for 90 days few days back. Was it because of that the WoF spins increased early ? Locking only increases the return amount of the FUN token itself. Its like interest but purely in its own terms, a scrip dividend that'd be called. Its possible to gain enough from the lock that it put you up an extra tier if you were close.
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| CHIPS.GG | | | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀░▄░▀▀▀▀▀░▄░▀███▄ ▄███░▄▀░░░░░░░░░▀▄░███▄ ▄███░▄░░░▄█████▄░░░▄░███▄ ███░▄▀░░░███████░░░▀▄░███ ███░█░░░▀▀▀▀▀░░░▀░░░█░███ ███░▀▄░▄▀░▄██▄▄░▀▄░▄▀░███ ▀███░▀░▀▄██▀░▀██▄▀░▀░███▀ ▀███░▀▄░░░░░░░░░▄▀░███▀ ▀███▄░▀░▄▄▄▄▄░▀░▄███▀ ▀████▄▄▄▄▄▄▄████▀ █████████████████████████ | | ▄▄███████▄▄ ▄███████████████▄ ▄█▀▀▀▄█████████▄▀▀▀█▄ ▄██████▀▄█▄▄▄█▄▀██████▄ ▄████████▄█████▄████████▄ ████████▄███████▄████████ ███████▄█████████▄███████ ███▄▄▀▀█▀▀█████▀▀█▀▀▄▄███ ▀█████████▀▀██▀█████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀████▄▄███▄▄████▀ ████████████████████████ | | 3000+ UNIQUE GAMES | | | 12+ CURRENCIES ACCEPTED | | | VIP REWARD PROGRAM | | ◥ | Play Now |
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so98nn
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October 09, 2022, 06:39:30 AM |
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What a great Sunday Morning! Had few rolls and bang I hit the highest (self) roll on freebitcoin multiplier wager section. I think my luck's good today. What do you guys think about it and have you gotten such high? Previously I posted about my high roll but this time its 452x and all I bet is 70 Sats on it. So I have received about 31,596 Sats for it. Cool isn't it. Moreover, I have multiplied many such bets, I just hope that freebitcoin enjoys their 5% house edge and let me keep 95% all the time like this. Both the houses will stay happy forever. With 0.21% odds I won that's amazing. You can go ahead and win such bets too guys.
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Saint-loup
Legendary
Offline
Activity: 2758
Merit: 2421
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October 09, 2022, 08:35:24 AM Last edit: October 09, 2022, 09:36:21 AM by Saint-loup |
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Don't forget the bonus on the Multiply BTC game. Freebitcoin regularly offers to the players free coins bonuses to wager on this game. I don't really understand how much you need to wager to get it and how the amount given is calculated but it greatly reduces the house edge when you're gambling it, because you still get RP points and lottery tickets for what you're wagering while the coins you gamble are free.
The bonus you are talking about isn't really free. If you claim a bonus, an amount equal to the bonus is deducted from your main balance and the deducted amount and the bonus goes to bonus account. For the bonus balance being credited to the main account, you have to wager the bonus balance 25 times. Given the 5% house edge, it's expected that you lose the bonus completely and 25% more. Yes but you can claim it whenever you want and you can choose the amount of bonus you want to get, you don't have to take it all. So for example, if you planned to wager 0.1BTC in the coming week before getting the bonus, you just need to take 0.002BTC from the bonus offer. At the end you will have wagered the 0.1BTC planned and received 0.002BTC. It means you will theoretically(that is to say if you're commonly lucky) lose 0.1 x 5% - 0.002 = 0.003 instead of 0.005BTC (RPs, lottery tickets, cashback and free rolls bonus not taken into account) at the end. It's maybe not very interesting for people who don't like to play this game, but if you like that, it increases your RTP. Edit : BTW you've made a mistake, you are not expected to lose "25% more" than the bonus from the 5% house edge, but 150% more (0.005btc while the bonus was 0.002btc in my example) . You are expected to lose 25% more than your bonus balance actually.
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PawGo
Legendary
Offline
Activity: 952
Merit: 1385
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October 09, 2022, 11:48:37 AM |
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I must admit I was wrong with my bets on Hamilton, today’s rainy GP in Japan was much more boring than I expected and not much has changed from the starting order. Verstappen won in a safe way - apparently there is still good to bet on him, despite low odds.
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pawanjain
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October 09, 2022, 12:14:13 PM Last edit: October 09, 2022, 12:31:49 PM by pawanjain |
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Well I am not holding much BTC in my freebitco.in account and so the higher interest rate doesn't matter for me as of now. May be in future if I deposit some sats in my freebitco.in account to get interest returns then may be I will increase my FUN token count as well. For the time being this would be my total count for FUN tokens.
If you don't have a lot of BTC on the site, than I would also stick to the level that you currently have. For me it is worth it, but you only get 2 WOF spins more and it is quite a big leap between level 2 and 3. If I buy more FUN tokens to accumulate 12500 tokens and reach level 3 then I will get 8 WoF spins. Currently I am getting 4 WoF spins so that is double than what I am having now. I will get 4 more spins. For the time being I will wait though. P.S: My fault, didn't get the calculation right. Ignore the above. If I buy more FUN tokens to accumulate 12500 tokens and reach level 3 then I will get 8 WoF spins.
Take note that you will get 8 WOF spins only if you hold those 12500 tokens for 360 days. You won't get that number of spins from the day 1. You will get 5 spins in the first 90 days, 6 spins in days 91-180, 7 spins in days 181-360 and 8 spins after 360 days. Thanks for the info.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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hosseinimr93
Legendary
Offline
Activity: 2548
Merit: 5643
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October 09, 2022, 12:29:32 PM |
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If I buy more FUN tokens to accumulate 12500 tokens and reach level 3 then I will get 8 WoF spins.
Take note that you will get 8 WOF spins only if you hold those 12500 tokens for 360 days. You won't get that number of spins from the day 1. You will get 5 spins in the first 90 days, 6 spins in days 91-180, 7 spins in days 181-360 and 8 spins after 360 days.
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swogerino
Legendary
Offline
Activity: 3304
Merit: 1247
Bitcoin Casino Est. 2013
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October 09, 2022, 01:12:05 PM |
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I can say that it is fair. I got 4th place in a lottery last month and got 0.01428464 BTC with just 175 tickets.
At least seeing someone from the forum to have won it with just 175 tickets is greatly reassuring for me and it increases my belief in the lottery of the weekend.That is a huge huge amount of luck to get 0.014x Bitcoin with just 175 tickets out of more than 130 million tickets which is the average number of tickets being sold in a week.To be a winner out of 50 million users and with that low number of tickets is inspiring as I said.Still though I am not spending a single dime anymore on lottery tickets because it is very difficult to be in the top 10 and I prefer to increase my satoshi stash rather than spend them.
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Eureka_07
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October 09, 2022, 02:06:38 PM Merited by Peanutswar (2) |
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About the FUN token, how can I send it to my Freebitco.in account? I can say that it is fair. I got 4th place in a lottery last month and got 0.01428464 BTC with just 175 tickets.
You got very lucky! Well you know, regardless of how many tickets you had, you still have the chance to win, of course still more tickets, greater chance to be drawn as winner. Congrats to that juicy ~300 USD! I just noticed that this one user who recently won the 5 daily jackpots with 4 day winning streak:
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hosseinimr93
Legendary
Offline
Activity: 2548
Merit: 5643
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October 09, 2022, 02:15:50 PM |
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About the FUN token, how can I send it to my Freebitco.in account?
That's very simple. You should make a transaction from your wallet or an exchange. To see your deposit address, go to "Premium" page. Scroll down and click on "Deposit/Withdraw" button. After that, a new window will pop-up in which you can see your deposit address.
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FanEagle
Legendary
Offline
Activity: 3010
Merit: 1129
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October 09, 2022, 05:26:21 PM |
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There will always be a lot of whales here, they are making huge bets at all times, this place is not one of the biggest ever crypto related websites for a reason and whales know that they can trust here and could gamble anyway they want. This is why there will be a lot of whales gambling here at all times.
Of course, when lambo lottery is getting closer they will end up gambling a little bit more and that’s understandable because they want to earn something big, but to be fair they are gambling and losing so much that there are some whales who could win the lambo and still be in a loss, so it's really not ideal if that’s the only reason, it must be just because they like gambling.
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swogerino
Legendary
Offline
Activity: 3304
Merit: 1247
Bitcoin Casino Est. 2013
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October 10, 2022, 06:31:50 AM |
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There will always be a lot of whales here, they are making huge bets at all times, this place is not one of the biggest ever crypto related websites for a reason and whales know that they can trust here and could gamble anyway they want. This is why there will be a lot of whales gambling here at all times.
Of course, when lambo lottery is getting closer they will end up gambling a little bit more and that’s understandable because they want to earn something big, but to be fair they are gambling and losing so much that there are some whales who could win the lambo and still be in a loss, so it's really not ideal if that’s the only reason, it must be just because they like gambling.
Of course they like gambling otherwise they would not be gambling but I also don't understand what they do with all that wagered volume,they get RP,Lottery tickets and even GT tickets to that and in addition Freebitco.in gives them 100% of the amount gambled from them as a bonus balance to play even further so I think that is a great boost to the whales and they continue gambling generating these awesome results for the site. The Lambo draw will be exactly the morning of the next Monday so very few days remain before the draw and everybody has got high hopes to win it.
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freebitco.in PR
Copper Member
Member
Offline
Activity: 1485
Merit: 23
freebitco.in Official PR Account
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October 10, 2022, 12:30:39 PM |
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Weekly Lottery - Win Up To $7,500 in BTC on Sunday!Every week, 10 lucky FreeBitco.in users win a share of $7,500 in BTC through the Weekly Lottery. These are the TEN LUCKY WINNERS from last week (Round 384) that took home the prizes.
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babygun
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October 10, 2022, 01:49:57 PM |
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Of course they like gambling otherwise they would not be gambling but I also don't understand what they do with all that wagered volume,they get RP,Lottery tickets and even GT tickets to that and in addition Freebitco.in gives them 100% of the amount gambled from them as a bonus balance to play even further so I think that is a great boost to the whales and they continue gambling generating these awesome results for the site.
The Lambo draw will be exactly the morning of the next Monday so very few days remain before the draw and everybody has got high hopes to win it.
The biggest benefit to me is getting the extra RP as you can exchange them for satoshis (minimum of 100k). Getting extra lottery tickets and GT is nice but everybody knows that all it depends on luck to win something in the lottery.
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swogerino
Legendary
Offline
Activity: 3304
Merit: 1247
Bitcoin Casino Est. 2013
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October 10, 2022, 07:33:46 PM |
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After playing for so many time daily I finally hit the 2 dollar prize with a single roll,of course I would have preferred much more to get the 20 dollars or the 200 dollars prize but I am still happy with it and thought to share here,1000 satoshi is a good prize for a single roll I believe.
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kojektea
Sr. Member
Offline
Activity: 2352
Merit: 256
Vave.com - Crypto Casino
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October 10, 2022, 07:41:40 PM |
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After playing for so many time daily I finally hit the 2 dollar prize with a single roll,of course I would have preferred much more to get the 20 dollars or the 200 dollars prize but I am still happy with it and thought to share here,1000 satoshi is a good prize for a single roll I believe. that's cool mate, how did you get it? is it just luck that comes? power is very interested in rejoining after a long time I didn't play on FreeBitcoin, I used to play but I never got $1 maybe you can give suggestions to increase the chances of winning
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