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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 517083 times)
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October 21, 2022, 06:00:02 AM
 #23241

There was also a third forum user, Kryptoverdienst, who had only made a single post in the 'big wins on FreeBitco.in' thread over 4 years ago. His account shows he logged in a few days after winning the prize, I'm guessing he was probably getting a bunch of email notifications from forum users trying to message him.

Proceeds to change password, logout and never return to this forum ever again

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October 21, 2022, 07:37:54 AM
 #23242

There was also a third forum user, Kryptoverdienst
Proceeds to change password, logout and never return to this forum ever again

Maybe he just created another account? Probably we will never know.

2 days left for end-of-month crypto price bets, last weeks are so stable that it is almost strange/suspicious Smiley If BTC will not change it's price suddenly, it may give safe 40% gain (current odds are 1.49 for $17,5k - $20k). Second range is 20-22.5k, with odds 3.17 - it would give a nice return, but I do not think we will leave the current range around 19k.
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October 21, 2022, 08:33:30 AM
 #23243

There was also a third forum user, Kryptoverdienst
Proceeds to change password, logout and never return to this forum ever again

Maybe he just created another account? Probably we will never know.

2 days left for end-of-month crypto price bets, last weeks are so stable that it is almost strange/suspicious Smiley If BTC will not change it's price suddenly, it may give safe 40% gain (current odds are 1.49 for $17,5k - $20k). Second range is 20-22.5k, with odds 3.17 - it would give a nice return, but I do not think we will leave the current range around 19k.

I think the odd is intentionally high here in order to scare some bettors at 1.49 because it is a sure win,for 2 days I doubt it will surpass the 20.000 range,sure it has done so sometimes during these days but those were only temporary moments and most of the time the Bitcoin price has been at 19.000 to 19.700 range.

I don't usually bet on such events as I love to take advantage of the 2x,3x,4x or 5x bonuses which they offer regularly for wagering in multiply Bitcoin in the site and I have started a session there already since 3x is active now,already got like 3 GT so far while the RP have gone up considerably.

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October 21, 2022, 08:45:13 AM
 #23244

I think the odd is intentionally high here in order to scare some bettors at 1.49 because it is a sure win
Take note that the odds aren't determined by the house. Freebitco is using Parimutuel betting system and the odds are determined by the users.
In freebtico, all the money that has been bet on an event by all the users goes to a pool. 5% of that goes to the house and the 95% is shared between the winners.
The odds depend on the total money that has been put on the event, the money that has been put on each of outcomes and the time weight multiplier.

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October 21, 2022, 09:20:22 AM
 #23245

I think the odd is intentionally high here in order to scare some bettors at 1.49 because it is a sure win
Take note that the odds aren't determined by the house. Freebitco is using Parimutuel betting system and the odds are determined by the users.
In freebtico, all the money that has been bet on an event by all the users goes to a pool. 5% of that goes to the house and the 95% is shared between the winners.
The odds depend on the total money that has been put on the event, the money that has been put on each of outcomes and the time weight multiplier.

Then it is really high as an odd which I think the users who bet there should take advantage of this.In the case the odd was determined by the house that would have been intentionally high to scare some bettors but since this is not decided by the house then good for the users who will bet on that event.

So when the odd is 1.12 it means a huge amount of money has been put on that certain event by Parimutuel Betting because in normal betting where the odds are determined by the house it means that this is the most likely result to come true or like the gamblers say is the favorite of the event.

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October 21, 2022, 09:45:23 AM
 #23246

So when the odd is 1.12 it means a huge amount of money has been put on that certain event by Parimutuel Betting because in normal betting where the odds are determined by the house it means that this is the most likely result to come true or like the gamblers say is the favorite of the event.

Not "huge amount of money" but much more than for other possibilities. Which makes betting interesting, as on freebitco you may have odds completely different than in case of "centralized" companies. Which means, that you may still bet on two different possibilities and have profit - if the difference is big enough.
Which brings question if betting is completely out of control or if there is any arbitrage...
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October 21, 2022, 10:13:46 AM
Last edit: October 21, 2022, 10:24:57 AM by freebitco.in PR
 #23247

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This offer is only available to specially selected FreeBitco.in players until 30/10 and you can participate even if you're registered or deposited before.

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October 21, 2022, 06:04:49 PM
 #23248

There was also a third forum user, Kryptoverdienst, who had only made a single post in the 'big wins on FreeBitco.in' thread over 4 years ago. His account shows he logged in a few days after winning the prize, I'm guessing he was probably getting a bunch of email notifications from forum users trying to message him.
I wasn't aware of the other two forum members who has won the Lamborghini from Freebitco. User 'fbtclam' had won it from the second round. 'TheQuin' said that he is an active member of the forum who used newbie account to hide his identity. And user 'Kryptoverdienst' has won the Lamborghini from the 5th draw. He is a newbie user who has made only one post about his $20 faucet win. The latest winner, 'soslex' is quite active in Freebitco thread. Therefore, we have seen 3 Lamborghini winners in bitcointalk forum out of the 7 winners. That's quite surprising.

R


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October 21, 2022, 09:51:42 PM
 #23249


Maybe he just created another account? Probably we will never know.

2 days left for end-of-month crypto price bets, last weeks are so stable that it is almost strange/suspicious Smiley If BTC will not change it's price suddenly, it may give safe 40% gain (current odds are 1.49 for $17,5k - $20k). Second range is 20-22.5k, with odds 3.17 - it would give a nice return, but I do not think we will leave the current range around 19k.

The odd for the range 17.5k$ to 20k$ is not super high, but chances are pretty high that we will end up in that range. For more than 1 month, the price has been hovering between 18.5k and 20k (and something just above) so it is worth a (small) bet.



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October 22, 2022, 03:42:01 AM
 #23250

So when the odd is 1.12 it means a huge amount of money has been put on that certain event by Parimutuel Betting because in normal betting where the odds are determined by the house it means that this is the most likely result to come true or like the gamblers say is the favorite of the event.

Not "huge amount of money" but much more than for other possibilities. Which makes betting interesting, as on freebitco you may have odds completely different than in case of "centralized" companies. Which means, that you may still bet on two different possibilities and have profit - if the difference is big enough.
Which brings question if betting is completely out of control or if there is any arbitrage...
From observations after making several bets here, it's actually almost the same if we bet on regular sportsbooks, namely betting on weak athletes or teams which is more profitable.
It's true that in freebitcoin we can bet on all available options on one bet but in my experience that way it's not profitable at all.
I remember only betting on the women's section from Wimbledon tournament this year which profitable, the rest only BEP or even though I won the bet but didn't give a profit.
So if want to bet here bet on a match that we are pretty sure who will win like today's match between Nottingham vs Liverpool, betting on Liverpool is likely to provide certainty of profit even though it is not big.

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October 22, 2022, 06:52:40 AM
 #23251

There was also a third forum user, Kryptoverdienst, who had only made a single post in the 'big wins on FreeBitco.in' thread over 4 years ago. His account shows he logged in a few days after winning the prize, I'm guessing he was probably getting a bunch of email notifications from forum users trying to message him.
I wasn't aware of the other two forum members who has won the Lamborghini from Freebitco. User 'fbtclam' had won it from the second round. 'TheQuin' said that he is an active member of the forum who used newbie account to hide his identity. And user 'Kryptoverdienst' has won the Lamborghini from the 5th draw. He is a newbie user who has made only one post about his $20 faucet win. The latest winner, 'soslex' is quite active in Freebitco thread. Therefore, we have seen 3 Lamborghini winners in bitcointalk forum out of the 7 winners. That's quite surprising.

I would say that it is indeed quite surprising because if we compare it with the weekly lottery winners which happens every week,very few members of the forum have posted there that they have won the draw,and seeing that out of 7 rounds which happen every 6 months to have three winners of the forum that won the Lambo which is really surprising.

Most probably it is this way because they gamble a lot and accumulate a lot of such Golden Tickets but by doing so they should have also accumulated a lot of lottery tickets as well,yesterday I played 0.001 in multiply Bitcoin and got near 16.000 RP,near 7000 lottery tickets and 4 GT tickets with just that amount,so imagine these guys who gamble at least 1 Bitcoin,they should have at least won the weekly lottery once I believe based on the statistics of such huge wagering.

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October 22, 2022, 12:14:10 PM
 #23252

There was also a third forum user, Kryptoverdienst
Proceeds to change password, logout and never return to this forum ever again
Maybe he just created another account? Probably we will never know.

2 days left for end-of-month crypto price bets, last weeks are so stable that it is almost strange/suspicious Smiley If BTC will not change it's price suddenly, it may give safe 40% gain (current odds are 1.49 for $17,5k - $20k). Second range is 20-22.5k, with odds 3.17 - it would give a nice return, but I do not think we will leave the current range around 19k.
I mean if I won 200k then I would not be here neither, not for too long at least. I would love to help freebitco.in and come here an write that I won, and even share proof that I received the money,  all to help the website and that's understandable and that's okay. However, after that I would leave because think of how many people will beg money from you, ranging from just 50 bucks to offer "investment opportunity" to you as high as all of 200k.

This is why it is easier to just let it be and you shouldn't really be going on with the same account. Wiser to just never comeback to that account ever again and let it die so people couldn't bother you with these requests.

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October 22, 2022, 12:27:26 PM
 #23253


Maybe he just created another account? Probably we will never know.

2 days left for end-of-month crypto price bets, last weeks are so stable that it is almost strange/suspicious Smiley If BTC will not change it's price suddenly, it may give safe 40% gain (current odds are 1.49 for $17,5k - $20k). Second range is 20-22.5k, with odds 3.17 - it would give a nice return, but I do not think we will leave the current range around 19k.

Odds have increased to over 4. Tempting to bet but the pattern has always seen the prices briefly showing on 20K before dropping...

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October 22, 2022, 05:34:26 PM
Merited by hosseinimr93 (2), STT (1), Betwrong (1), LTU_btc (1), dwyane36 (1), DdmrDdmr (1), UserU (1), Mahdirakib (1)
 #23254

I have no way to prove that I'm the winner, other than TheQuin's word. As he said, I never received an email telling me I won because I reached out to him first. You can take a look at a screenshot of my user ID, but screenshots can be photoshopped.

Reading through the previous posts, it seems like there is really just 4 main questions that people want to know:

1) Lambo or bitcoin?
My coworkers are used to seeing me drive into work with a 10+ year old beat up truck. While it would be quite amusing to see the looks on their faces when I showed up, in a lambo, it just isn't practical. I'd have to pay for taxes, gas, insurance, and maintenance. Not worth it. I asked for the bitcoin without a second thought.

2) How did you get your golden tickets?
I didn't buy any, and I didn't win any in the wheel of fortune either. So that leaves one possible explanation: I gambled. I placed a few bets on some sporting events, but nearly all of it was done on dice. Some quick math tells you that in the 6 months of the competition I wagered (4870)x(0.005) = 24.35 bitcoin.

3) After winning 10.27 bitcoin, are you in profit?
I have to go through each section of the site to answer this one:

Free BTC: I have performed 26,848 free spins and have won 0.07445748 bitcoin. I won the $20 prize once a few years ago and have never won the $200 prize.

Multiply BTC: This one pains me greatly. I signed up for freebitco.in several years ago with no intention of depositing or gambling. I just wanted some free sats. I spent a few weeks doing free rolls trying to reach the deposit minimum. I got bored, stopped rolling, and logged out. I forgot about the site for 8-9 months.

Then I saw a video about the powers of compound interest. I remembered the interest earning potential on freebitco.in, so I logged back in, made a large deposit, and was excited watching my balance grow without doing anything. But I got impatient. I wanted to earn faster. I started doing small multiply rolls, a satoshi, 1000 satoshis there. I'm sure any degenerate gambler knows how this story ends. Small wins didn't cut it for very long. I increased my bet size, got greedy, and lost everything.

I was terribly upset, but luckily for me, this happened in the middle of the bear market caused the bcash/bsv drama. So while I did lose a substantial amount of bitcoin, I was able to replace all that I lost. I deposited it back into freebitco.in to earn interest, and had no desire to gamble anymore, so I just visited the site to do free rolls every hour.

And I did really good for a few years. I would gamble on dice occasionally, but my bets were mostly pretty small. If I started on a bad losing streak, I could (painfully) convince myself to stop. That is, until June 23 of this year. You can see the post someone made a few days ago with my ID on the leaderboard with ~9 bitcoin gambled. I lost all control and all of those 9 bitcoin were lost in the span of 8 seconds (and if you're wondering, I didn't even win the daily jackpot that day).

I have performed 3,447 multiply rolls and have lost 10.34445924 bitcoin.

Betting: I don't have exact stats here because freebitco.in does not provide them. I placed a large bet on Biden during the election in 2020, and won. In total I would say I am up ~4 bitcoin on the betting section.

Premium: This is another one where I do not have exact stats. I bought 500k fun tokens on the day the program was announced for ~0.365 btc. Through buying the FUN dumps and selling the pumps, I have brought my cost for the membership down to ~0.18 btc. I have earned ~0.30 bitcoin in cashback, ~0.10 bitcoin in extra interest, and ~0.002 bitcoin in WOF spins. If you're interested, I performed 7,255 WOF spins this morning after saving them for 14 months. You can see the results in the imgur album.

If you don't gamble regularly and you do not have a large balance on freebitco.in, I don't think the premium membership is worth it. You almost certainly will not make your money back through WOF spins alone.

Win a lambo: I am up 10.27168610 bitcoin on this section  Cool

Earn BTC: I am up 0.76045185 BTC on this section.

Contest: I won the sixth prize in June this year, so I am up 0.03773296 bitcoin on this section.

Refer: I never promote my ID so I was about to say that I have no referrals, but to my surprise I checked just now and 2 people have signed up under me. They must have signed up after my user ID gained popularity after winning the lambo. So I am up 0.00000020 bitcoin on this section (lol).

Who are these 2 mystery men? Don't be a stranger, reach out and say hi!

Lottery: Many years ago I won 3rd prize in the lottery and so I am up 0.13530860 BTC on this section.

Rewards: I always just cash out my reward points for bitcoin. There are no stats kept here other but based on the amount I have wagered I would say I am up ~0.20 bitcoin.

And that about sums it up. Looking at my (balance + withdrawals) - (deposits) I am in profit of 5.64845487 bitcoin after the lambo competition.

4) What are you going to do with your winnings?
I am sorry to say that I have already gambled away the majority of what I won.

Nah, just kidding (but I had you going there for a second, didn't I?). A user on this forum said I gambled 12 bitcoin the day after the lambo win, but he must have my user ID mixed up with someone else. I haven't gambled since June, and don't plan to do so anymore, for real this time. Losing so much bitcoin so quickly hurt me deeply, and it has been a rough few months. The first time I lost all my bitcoin, the bear market got me out of jail. The lambo freed me the second time. I don't think anything will save me if it happens again.

So, I plan to withdraw so that my freebitco.in balance is 10 BTC. I will use what I have withdrawn to treat myself with a powerful new computer. And, with great sadness in my heart, I will use that computer to log out of freebitco.in. There are people out there who can gamble responsibly. I am not one of them. I will earn about 0.50 bitcoin in interest every year, and will likely cash out during the next bull run after the 2024 bitcoin halving.

Of course, I'll log back in around the time of the lambo drawing to earn myself a golden ticket (or 2  Wink ). Because even though you may all grab your torches and pitchforks and chase me through the streets if I win a second time, the only thing better than winning 1 lambo, is winning a second one.

So good luck all, gamble safely, and may the odds be ever in your favor.

-soslex

Imgur link to prove some of my claims: https://imgur.com/a/Etat87t

P.S. I'm sorry if I missed any questions! Please feel free to ask any more. I really enjoy interacting with members on this forum so I am happy to answer them (within reason).
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October 22, 2022, 07:10:20 PM
 #23255

~snip

Wow, that's a nice breakdown of your earnings, and thanks alot for taking the effort to share it with us. I'm still waiting till this day to win something from the weekly lottery.

In regards to the gambling, I was a degen like you and indeed the temptation is hard to kick the moment the loss or win streaks start.

Also, you might want to be careful with PMs from scammers after this.

 

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October 22, 2022, 07:25:58 PM
Last edit: October 22, 2022, 08:21:44 PM by Saint-loup
 #23256

Your success story is really amazing soslex. But it's sad to hear that gambling is not a joyful and relaxing activity for you but more a stressful and painful one that gives you adrenaline. I hope you will be able to stay away from it if it's so hard for you to control your urges. But it's certainly harder to do after a big win, when you have an account with enticing perks on top of that. You will have to stay very cautious in the coming months, I hope you can find someone to support you irl, best wishes.

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October 22, 2022, 07:39:40 PM
 #23257

I would say that it is indeed quite surprising because if we compare it with the weekly lottery winners which happens every week,very few members of the forum have posted there that they have won the draw
Yeah, I was surprised for this too. There are 10 winners in each week, but we have rarely seen the lottery winners post in the forum. Probably there are many weekly lottery winners who is active in the forum, but they don't want to post about their winnings here.

I have no way to prove that I'm the winner, other than TheQuin's word. As he said, I never received an email telling me I won because I reached out to him first. You can take a look at a screenshot of my user ID, but screenshots can be photoshopped.
I wanted to see the screenshot of the email message to know that how freebitco team congratulate the Lamborghini winners. BTW, you got 22 golden tickets from the 7255 spins for the new Lamborghini round. Good luck Wink.

R


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October 22, 2022, 07:47:44 PM
 #23258

I always prefer the underdog type bets, the high odds that require less of a bet to come through as a win even if occurring less often just have to more sure of your aim when you place it. BTC can for sure break out any time now however I have no clear way to say that will happen never mind stick at the end day to this month.  So I guess 1.49 would be a nice bet to say we stay where we are because BTC has been going sideways, its erratic or volatility has been reducing I would guess some gauge would confirm that but its obvious the lows vs highs as a ratio are reducing weekly.
  In truth we havent been positive trending since August at best, its just been a vice we are caught in and trying to break out so far its predictable but it'll spike some day even if that price fails and we return to 20k area anyway.

Thanks for that Q&A worth a merit for sure  
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26,848 free spins
I never heard that many, is that wheel of fortune spins or the hourly one because thats 3 years constant hourly free claim Shocked    I have well under half that number showing on stats page, my first use of the site was very silly I never did more then just a cookie to hold my account in place I probably did that multiple places back when webpages could mine and .001 in wallets was pocket lint opps Undecided

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October 22, 2022, 08:39:43 PM
 #23259

Thanks for that Q&A worth a merit for sure  
Quote
26,848 free spins
I never heard that many, is that wheel of fortune spins or the hourly one because thats 3 years constant hourly free claim Shocked    I have well under half that number showing on stats page, my first use of the site was very silly I never did more then just a cookie to hold my account in place I probably did that multiple places back when webpages could mine and .001 in wallets was pocket lint opps Undecided
It's the number of free rolls he has played until now. You can see it in the imgur link he has provided. You are right it's a big number but if you are a rather big player you can quickly get big bonuses on free rolls,that is to say up to 200sats for every free rolls currently (RPs and lottery tickets not taken into account). It's not a huge amount of money when converted in USD but if you think Bitcoin will reach $100 000 one day, it's a pretty nice daily gift.

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October 22, 2022, 09:24:20 PM
 #23260

I would say that it is indeed quite surprising because if we compare it with the weekly lottery winners which happens every week,very few members of the forum have posted there that they have won the draw,and seeing that out of 7 rounds which happen every 6 months to have three winners of the forum that won the Lambo which is really surprising.

Most probably it is this way because they gamble a lot and accumulate a lot of such Golden Tickets but by doing so they should have also accumulated a lot of lottery tickets as well,yesterday I played 0.001 in multiply Bitcoin and got near 16.000 RP,near 7000 lottery tickets and 4 GT tickets with just that amount,so imagine these guys who gamble at least 1 Bitcoin,they should have at least won the weekly lottery once I believe based on the statistics of such huge wagering.
Well, I am sure that there is a good reason for that. First of all weekly means there are 10 winners each week, and considering how many people play on freebitco.in and do not use bitcointalk than there is a good chance that we wouldn't hit a single one. Secondly, if you won 200k and asked to share that here, that would make sense, you would do that for sure.

But, if you won like $200 and not asked to share it here, then why would you? It's not that much money, the 8th of this week's lottery could be among us, but not asked to share here, and it wouldn't be a big enough number to be cared neither, we see people winning more than that every day. Hence, that is why we probably don't see weekly lottery winners here most of the time.

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