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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 531693 times)
jaberwock
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January 31, 2023, 07:46:41 AM
 #24621

I believe Coin Hi low game on freebitcoin is rigged as I have lost a steak of 12 games in a row. I bet on Hi each time while doubling my bet and lost all of my balance. What are odds to get 11 Lo in a row with 50% probablity?
if you use the martingale technique make sure you have enough money, I used to play HI and LO there but now I'm more interested in sports betting, after all their game is quite fair maybe you need another strategy to play it
Of course, because the martingale strategy requires quite a lot of money to be able to generate even larger amounts of profit.
For those who only have small amounts of money, I think it will be difficult to use the martingale strategy because in each round the bet amount will be added or increased gradually until you really win the game with the desired profit.
I usually use this strategy when playing roulette and it has proven successful.
Martingale is not good for neither for people who have a lot of money nor people who have very little. If you have very little amount of money than on your 4-5th loss you will be out of money and can't martingale even further, if you have a lot of money you could go as far as 10th bet or maybe even more but then you will stop because you will be out of money too.

This is why it's quite important to remember that a thousand dollars losing 20 times in a row is a billion dollars, see how much it grew quickly? Start with 1 dollar if you want, losing 20 times in a row is a possibility, rarer than most but still there, and even with 1 dollars it becomes 1 million dollars for that bet. I would say don't do it.

freebitco.in PR
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January 31, 2023, 10:28:10 AM
 #24622

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 400) that took home the prizes.


pawanjain
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January 31, 2023, 11:20:48 AM
Last edit: May 15, 2023, 05:06:48 PM by pawanjain
 #24623

Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting



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swogerino
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January 31, 2023, 12:35:17 PM
 #24624

Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting



Betting on Ethereum is never a wise idea since they moved to PoS last September.Since then the activities and the price of Ethereum has not been a lot and most of the time this coin looks stable without much investors support anymore,at least not from guys like us who love the PoW coins much more.For Bitcoin which will never go PoS and this is as sure as death is for everyone of us,we can bet on the price as a lot of market factors can influence its price with lately being the rate hikes of different central banks or when a big huge firm start some involvement with it,while for Ethereum since going PoS I highly doubt one great firm will be investing in it.

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pawanjain
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January 31, 2023, 03:06:19 PM
Last edit: May 15, 2023, 05:06:41 PM by pawanjain
 #24625

Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting



Betting on Ethereum is never a wise idea since they moved to PoS last September.Since then the activities and the price of Ethereum has not been a lot and most of the time this coin looks stable without much investors support anymore,at least not from guys like us who love the PoW coins much more.For Bitcoin which will never go PoS and this is as sure as death is for everyone of us,we can bet on the price as a lot of market factors can influence its price with lately being the rate hikes of different central banks or when a big huge firm start some involvement with it,while for Ethereum since going PoS I highly doubt one great firm will be investing in it.

Well I personally think Ethereum has a lot of room to grow. The reason it has not been showing a lot of volatility is due to the bearish trend.
Now that the trend is reversing we have already seen ETH jump from $1100 to $1600 lately.
After the PoS change in Ethereum, many companies are showing interest in it since it has become more scalable than ever.
Keeping the debate, aside talking about ETH price I guess it wasn't a wise idea to go bullish right now on it after all.
Even BTC is having a good resistance around $23k. Lets see what February has in store for BTC and ETH.

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dwyane36
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January 31, 2023, 07:50:42 PM
 #24626

gambling should really not be considered as a source of income by any means. though i can understand for some sports bettors, but they are doing this already for a living. but when it comes to classic games like dice, roulette, and other other luck-based games, you should not in any way treat this as getting your passive income at all cost. you will subject yourself to stress if you will rely on these games to get income.

Yep, gambling and sports betting are completely different things. I can believe the fact that a user can make a profit from sports betting regularly, especially if he is sufficiently well-versed in a particular sport. However, the same can't be said about any gambling games, as it's impossible to make money from them in the long run because of the house edge. As for me, gambling is more like a kind of entertainment in which a user can only hope to get lucky.

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Fivestar4everMVP
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January 31, 2023, 08:35:02 PM
 #24627

gambling should really not be considered as a source of income by any means. though i can understand for some sports bettors, but they are doing this already for a living. but when it comes to classic games like dice, roulette, and other other luck-based games, you should not in any way treat this as getting your passive income at all cost. you will subject yourself to stress if you will rely on these games to get income.

Yep, gambling and sports betting are completely different things. I can believe the fact that a user can make a profit from sports betting regularly, especially if he is sufficiently well-versed in a particular sport. However, the same can't be said about any gambling games, as it's impossible to make money from them in the long run because of the house edge. As for me, gambling is more like a kind of entertainment in which a user can only hope to get lucky.
To put it in a more simpler form, we did say that a gambler relies only on luck to win the game when he or she is gambling, that is playing, gambling requires no knowledge of anything, it requires no skill of any kind, all that the gambler require is luck, but unfortunately, casinos have programed the games in a way that no matter how much profit the gambler makes at the very beginning, he or she will always end up in loses.
Sports betting is the only way real gamblers make real money.

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pawel7777
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January 31, 2023, 09:19:55 PM
 #24628


I placed a few bets on BTC price about 10 minutes ago, but still nothing is showing under "My bets"?



Is there any way I can see my current/pasts bets? Is there a delay or something and will they be displayed after some time?

And what happened to all the sports bets? There are only 3 events available atm, all on BTC/ETH/FUN price.

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uneng
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February 01, 2023, 01:15:29 AM
 #24629

I had 3 losses in a streak with the maximum winning probability chance of 94,06% and got rekt anyway. The odds are always against the player, doesn't matter how benefical they seem at first glance. That is why we should play only with surplus money, so nasty unexpected losses won't affect our budget and emotional too much. Never gamble an amount of money you don't know how long you are going to take to recover it.

I remembered losing like almost half a BTC during the BTC crash. From a total of 15 bets on Dice via Martingale ;_;
Sorry for your loss, multiplier game is a really treacherous one. It seems everything is under control, until it suddenly isn't anymore. In my case it was 1/10 of a btc lost and I already felt a huge pain in my heart, now I can't even imagine how it feels losing half btc. In my case, it was really tempting to keep playing in an attempt to recover the loss, but I calmed down and imaged the potential outcomes could be even more destructive, totally compromising my long term goals and FUN token experiment.

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February 01, 2023, 03:02:37 AM
Merited by pawel7777 (1)
 #24630


I placed a few bets on BTC price about 10 minutes ago, but still nothing is showing under "My bets"?



Is there any way I can see my current/pasts bets? Is there a delay or something and will they be displayed after some time?

You are in the right place to see your bet history, it's just that it takes time for you to see it and it's also in the note at the bottom that it takes about 1 hour for it to appear.


And what happened to all the sports bets? There are only 3 events available atm, all on BTC/ETH/FUN price.
For this I think it's just because they haven't just put it in yet and it will be added in a few days or before some league games for example start

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February 01, 2023, 03:10:21 AM
 #24631

2 updates from me.

First, Tsitsipas lost badly in the Australian Open, and he was the guy I put bets on above 23x in this site, I couldn't believe my luck that he actually entered the final, but of course, he didn't even win a single set so it was quite a given outcome.

Second, I saw my email had ANOTHER Flash Promo on Saturday (weekend) but it again came after midnight for me lol

This was the first time I ever saw 2 flash promos in a less than a week, which seems it means I must have gotten it quickly for completing one earlier. Hope this is a more frequent phenomenon Wink

Wow that must have been a very nice multiplier if you won it! Did you not place counterbet on Djokovic to win? Sometimes, in situations like this, I would place a counterbet; in that way you always end up with some profit.



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Rainbot
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February 01, 2023, 05:01:33 AM
 #24632

Wow that must have been a very nice multiplier if you won it! Did you not place counterbet on Djokovic to win? Sometimes, in situations like this, I would place a counterbet; in that way you always end up with some profit.
Yeah, you're right, the final odds for Tsitsipas are 6.57. If he wins, the bettor will get big profits, but unfortunately that no tennis player has been able to beat Djokovic in the Australian Open final so far because his record in the AO final is 10-0, one way to be getting a little profit on this bet is by doing a counter bet as you said but of course the money that must be prepared is also good with a right portion distribution for each bet choice

@pawel7777 now sports betting is available you can check and start betting

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February 01, 2023, 06:37:07 AM
 #24633

Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting


sometimes luck can also be on the side of predictions not only playing gambling, I think if crypto prices can quickly recover maybe your bet on ETH will not be in vain, because seeing ETH prices rising so fast compared to other cryptos, to be honest I have never bet on price predictions like this even though I can analyze crypto prices, because prices can change at any time due to bad news or something else, but I hope you are lucky

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February 01, 2023, 10:09:02 AM
 #24634

2 updates from me.

First, Tsitsipas lost badly in the Australian Open, and he was the guy I put bets on above 23x in this site, I couldn't believe my luck that he actually entered the final, but of course, he didn't even win a single set so it was quite a given outcome.

Wow that must have been a very nice multiplier if you won it! Did you not place counterbet on Djokovic to win? Sometimes, in situations like this, I would place a counterbet; in that way you always end up with some profit.

Yes, I think it would have ended up being close to what I originally found the odds (23x++) if not even more. So let's say I put $1 on this right? (I actually put $5 but let's just say for easier math.

Normally I would also think about the counterbet but Djokovic was less than 1.2 to bet on.

So even if I bet 10x what I would win from Tsitsipas, I would only get back almost the same amount of money I placed on Tsitsipas anyway. Meaning, I put down $10, I would win less than $2.

Nett profit: $<12 - $10 (counterbet) $1 (initial bet) = <$1.

And if Tsitsipas did win, I would only gain $13. Because I put the counterbet.
Nett profit: $23 - $1 (initial bet) - $10 (counterbet) = $13

So If you think about it, should I counterbet to have a tiny net profit at the cost of losing almost half of potential big profit? Smiley

It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.


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February 01, 2023, 10:51:36 AM
Last edit: February 01, 2023, 10:37:06 PM by Saint-loup
 #24635

Yes, I think it would have ended up being close to what I originally found the odds (23x++) if not even more. So let's say I put $1 on this right? (I actually put $5 but let's just say for easier math.

Normally I would also think about the counterbet but Djokovic was less than 1.2 to bet on.

So even if I bet 10x what I would win from Tsitsipas, I would only get back almost the same amount of money I placed on Tsitsipas anyway. Meaning, I put down $10, I would win less than $2.

Nett profit: $<12 - $10 (counterbet) $1 (initial bet) = <$1.

And if Tsitsipas did win, I would only gain $13. Because I put the counterbet.
Nett profit: $23 - $1 (initial bet) - $10 (counterbet) = $13

So If you think about it, should I counterbet to have a tiny net profit at the cost of losing almost half of potential big profit? Smiley

It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.
It could make sense if you want to protect your bank roll, because the volatility is very high when you place bets on such high odds. When you undergo a bad streak with 2x odds, you will hardly lose more than 10 times in a row. But when you undergo a bad streak at such high odds as 23x, you can easily lose more than one hundred times in a row. So even if you only bet $5, you can lose more than $500.
By placing counterbets you will reduce this volatility. Moreover if you hold FUN tokens, you will get a bigger cashback because the total amount you wager will be higher.

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February 01, 2023, 02:24:28 PM
 #24636

And what happened to all the sports bets? There are only 3 events available atm, all on BTC/ETH/FUN price.
For this I think it's just because they haven't just put it in yet and it will be added in a few days or before some league games for example start

Honestly, freebitcoin has a scarce amount of sports betting. There are only bets on upcoming soccer games, while bets on other sports are absent at the moment. As for me, this is strange because the regular seasons of both NBA and NHL are in full swing right now. So if freebitcoin had a desire, they could add a lot of bets for sporting events because these leagues have pretty dense schedules, and games take place almost every day.

.
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February 01, 2023, 03:22:24 PM
Last edit: May 15, 2023, 05:06:23 PM by pawanjain
 #24637

Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting


sometimes luck can also be on the side of predictions not only playing gambling, I think if crypto prices can quickly recover maybe your bet on ETH will not be in vain, because seeing ETH prices rising so fast compared to other cryptos, to be honest I have never bet on price predictions like this even though I can analyze crypto prices, because prices can change at any time due to bad news or something else, but I hope you are lucky

ETH was around $1550 yesterday while writing the post and for it to go above $1750 it should have increased by 15% at least.
Now that's a huge spike to be achieved in just one day. Although not impossible but still very tough.
Anyway, I have lost the bet since ETH was in the range of $1500 - $1750 at the time of snapshot.
But no worries as we still have a long way to go and I might recover the losses in the February price prediction bets.

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February 01, 2023, 03:32:05 PM
 #24638


Yes, I think it would have ended up being close to what I originally found the odds (23x++) if not even more. So let's say I put $1 on this right? (I actually put $5 but let's just say for easier math.

Normally I would also think about the counterbet but Djokovic was less than 1.2 to bet on.

So even if I bet 10x what I would win from Tsitsipas, I would only get back almost the same amount of money I placed on Tsitsipas anyway. Meaning, I put down $10, I would win less than $2.

Nett profit: $<12 - $10 (counterbet) $1 (initial bet) = <$1.

And if Tsitsipas did win, I would only gain $13. Because I put the counterbet.
Nett profit: $23 - $1 (initial bet) - $10 (counterbet) = $13

So If you think about it, should I counterbet to have a tiny net profit at the cost of losing almost half of potential big profit? Smiley

It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.



You are also right in that! I didn’t do the calculations but thought there would be more profit left when you would place a counterbet. Best option to counterbet was probably by watching the match live and hoping that Djokovic would fall behind as the odd would go up a bit.



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February 01, 2023, 08:30:05 PM
 #24639

Considering how the BTC reacted and how people bet on it, I think the same should have been done for ETH as well. If you thought that btc would go up, you should have considered ETH would too, because they move the same way.

I know that it is not going to be something major, I know it is going to take a while before we could consider that as a big deal, but that doesn't change the fact that we are going to end up with them at different stages of increase. I personally lost, because didn't see it go up like this, but at least failed in both coins. But if I wagered any higher, I would have done it for both of them at the same time, not just one of them.
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February 01, 2023, 09:37:46 PM
 #24640

...
It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.

For the event with only 2 possible outcomes (either of the players wins and there are no draws), with odds of x23 for one and x1.2 for the other, you would have an amazing arbitrage opportunity with a guaranteed ROI of 14.05%.

So if the odds were correct, you could just throw a larger stake, to enjoy decent profit, virtually risk-free. So yes, it would make sense.

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