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

[UserU]

Besides that, when is the next lambo draw ?

Roughly 69 days 13 hours from now

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[klidex]

Yeah right, if only this surge in price could have happened few days ago then I would have won the bet, LOL.

Also, the base rewards for free roll on freebitco.in has now decreased by 1 satoshi due to the surge in bitcoin price.
Current base reward is 8 satoshis.

I am not completely sure what you write is true, because I think that base reward depends on personal stats, if you use it a lot, without wagering, betting or playing multiply game, it will decrease. You may take a look at "% achieved...." to see how it changes when you roll or bet.

It's true:

Play MULTIPLY BTC, BET ON EVENTS or buy lottery tickets to increase your FREE BTC rewards by up to +0.00000171 BTC

So by wagering, you can increase the base reward, but even if you don't do any wagering you can claim the base reward every hour. We had a little discussion a few pages back: https://bitcointalk.org/index.php?topic=320959.msg61675848#msg61675848. As you can see as the price of Bitcoin is higher the base reward is lower, and vice versa.

The question is will it rise enough to affect WoF spin prizes? I have 996 free spins waiting, I am not sure if should I spin them while the prizes are max 50... I planned to wait for the next Lambo draw.

I personally think that the price of bitcoin might increase further in the next few weeks.
If that happens then it would be better to spin the WoF spins now.
Besides that, when is the next lambo draw ? If there's not much time then you can probably wait for a few days.
Also, will it matter that much if you spin it now while the base reward is better ?

If indeed the price of Bitcoin can continue to increase in the next few weeks wouldn't it be better and more profitable to spin the WoF round when Bitcoin reaches a higher price than now.
I myself tend to prefer to be a little patient waiting for it to really be able to provide even greater benefits.
Already many people have lost profits and luck just because they don't want to be patient and too fast in moving or taking action.

[dwyane36]

Yeah right, if only this surge in price could have happened few days ago then I would have won the bet, LOL.

Also, the base rewards for free roll on freebitco.in has now decreased by 1 satoshi due to the surge in bitcoin price.
Current base reward is 8 satoshis.

I am not completely sure what you write is true, because I think that base reward depends on personal stats, if you use it a lot, without wagering, betting or playing multiply game, it will decrease. You may take a look at "% achieved...." to see how it changes when you roll or bet.

It's true:

Play MULTIPLY BTC, BET ON EVENTS or buy lottery tickets to increase your FREE BTC rewards by up to +0.00000171 BTC

So by wagering, you can increase the base reward, but even if you don't do any wagering you can claim the base reward every hour. We had a little discussion a few pages back: https://bitcointalk.org/index.php?topic=320959.msg61675848#msg61675848. As you can see as the price of Bitcoin is higher the base reward is lower, and vice versa.

The question is will it rise enough to affect WoF spin prizes? I have 996 free spins waiting, I am not sure if should I spin them while the prizes are max 50... I planned to wait for the next Lambo draw.

Correct me if I'm wrong, but I guess a user needs to wager at least 0.085 BTC(~$2k) in a hi/lo game to increase his base freeroll reward up to 8 sats. So I even wonder how much a user needs to wager in order to increase his base reward up to 171 sats.
As for your 996 spins of the wheel of fortune, I've written before that the base prizes from the wheel of fortune will start to decrease when BTC trades in the range of $30k to 33k. So you should keep a close eye on the BTC price in the coming days/weeks.

[uneng]

Correct me if I'm wrong, but I guess a user needs to wager at least 0.085 BTC(~$2k) in a hi/lo game to increase his base freeroll reward up to 8 sats. So I even wonder how much a user needs to wager in order to increase his base reward up to 171 sats.
As for your 996 spins of the wheel of fortune, I've written before that the base prizes from the wheel of fortune will start to decrease when BTC trades in the range of $30k to 33k. So you should keep a close eye on the BTC price in the coming days/weeks.

I have no idea how much I've already wagered as I didn't pay too much attention to this feature, but that is how it looks for me:



It would be helpful if it were possible to check on personal stats tab how much satoshis have been wagered on the account so far.

[swogerino]

Besides that, when is the next lambo draw ?

Roughly 69 days 13 hours from now

They say time flies by but I never have paid any attention to such phrase but to think that October draw is already 4 months behind is something that has passed really quick and only near 69 days to the next Lambo draw makes me rethink about trying to gamble a bit more because so far I only have 10-11 GT as I have not wagered that much and also have not been lucky to win more than 2 GT from WoF during these 4 months.Not that I think anything will change from my gambling but because it just makes me feel better when I accumulate a bit more of those GT-s as you never know,each GT has an equal chance to win the draw  .

[Betwrong]

~

But I don't really look for arbitrage. As I mentioned, my bet was $5. I prefer to either We gamble for funor win 23x5. Instead of "guaranteeing" $1 win. If odds were 2x it would be different I would definitely risk a further $50. Then I either win $55, or $45.

I agree with you. We gamble for fun, and trying to win over $100 is fun, while trying to win "guaranteed" $1 is rather depressing. I mean, if you can easily afford to lose $5, I totally understand what you did, and I think it was right. Counterbetting to have a tiny net profit is boring imo.

[piebeyb]

Besides that, when is the next lambo draw ?

Roughly 69 days 13 hours from now

They say time flies by but I never have paid any attention to such phrase but to think that October draw is already 4 months behind is something that has passed really quick and only near 69 days to the next Lambo draw makes me rethink about trying to gamble a bit more because so far I only have 10-11 GT as I have not wagered that much and also have not been lucky to win more than 2 GT from WoF during these 4 months.Not that I think anything will change from my gambling but because it just makes me feel better when I accumulate a bit more of those GT-s as you never know,each GT has an equal chance to win the draw  .

luck nobody knows even if we only have 1 GT but getting a Lambo is really luck, so it's true what you say that everyone has a chance and doesn't have to have many GT because everything is based on luck, I've never been lucky to get GT from WOF

[Juggy777]

Besides that, when is the next lambo draw ?

Roughly 69 days 13 hours from now

They say time flies by but I never have paid any attention to such phrase but to think that October draw is already 4 months behind is something that has passed really quick and only near 69 days to the next Lambo draw makes me rethink about trying to gamble a bit more because so far I only have 10-11 GT as I have not wagered that much and also have not been lucky to win more than 2 GT from WoF during these 4 months.Not that I think anything will change from my gambling but because it just makes me feel better when I accumulate a bit more of those GT-s as you never know,each GT has an equal chance to win the draw  .

luck nobody knows even if we only have 1 GT but getting a Lambo is really luck, so it's true what you say that everyone has a chance and doesn't have to have many GT because everything is based on luck, I've never been lucky to get GT from WOF

I agree that luck plays an important role in determining who wins the lambo, but luck also favours those who take some action on their part hence one should start preparing well in advance. Furthermore WoF does gives you GT, but there’s no way to determine how many one can win hence one should try and collect many WoF spins and then keep on trying their luck for collecting GT from those spins.

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[Strongkored]

They say time flies by but I never have paid any attention to such phrase but to think that October draw is already 4 months behind is something that has passed really quick and only near 69 days to the next Lambo draw makes me rethink about trying to gamble a bit more because so far I only have 10-11 GT as I have not wagered that much and also have not been lucky to win more than 2 GT from WoF during these 4 months.Not that I think anything will change from my gambling but because it just makes me feel better when I accumulate a bit more of those GT-s as you never know,each GT has an equal chance to win the draw  .

I think now is the right time if you intend to play to reach a 0,005 wagers and get a Golden ticket because you will also get around 4K Reward Points because the RP Promotion is currently ongoing. I only have 2 at the moment 1 from WoF from 1 from the bet but that's the accumulation of multiple activities.

[Don Pedro Dinero]

But I don't really look for arbitrage. As I mentioned, my bet was $5. I prefer to either We gamble for funor win 23x5. Instead of "guaranteeing" $1 win. If odds were 2x it would be different I would definitely risk a further $50. Then I either win $55, or $45.

I agree with you. We gamble for fun, and trying to win over $100 is fun, while trying to win "guaranteed" $1 is rather depressing. I mean, if you can easily afford to lose $5, I totally understand what you did, and I think it was right. Counterbetting to have a tiny net profit is boring imo.

I think the same. Very rarely do people bet for relatively safe low return bets. It's the chance of a big win that is the most attractive, even though the probability of winning is proportionally lower. The lottery that raises the most money in Europe is the EuroMillions, even though it is the most difficult lottery to win. When I play roulette myself, I prefer to play a single number or a few numbers rather than red or black, which I don't find exciting, and in the end is a negative mathematical expectation. If I'm going to put money on something where the maths is against me anyway, I'd rather have a small chance of a big win than play to lose little but win little as well.

[so98nn]

They say time flies by but I never have paid any attention to such phrase but to think that October draw is already 4 months behind is something that has passed really quick and only near 69 days to the next Lambo draw makes me rethink about trying to gamble a bit more because so far I only have 10-11 GT as I have not wagered that much and also have not been lucky to win more than 2 GT from WoF during these 4 months.Not that I think anything will change from my gambling but because it just makes me feel better when I accumulate a bit more of those GT-s as you never know,each GT has an equal chance to win the draw  .

I think now is the right time if you intend to play to reach a 0,005 wagers and get a Golden ticket because you will also get around 4K Reward Points because the RP Promotion is currently ongoing. I only have 2 at the moment 1 from WoF from 1 from the bet but that's the accumulation of multiple activities.

Compete the #1 not the ground line. You will have to put lot of efforts to win. The odds are really low but someone is always winning the race and getting their lambo for every contest. Just to motivate you, you will not just be wagering the money but you will be earning lot of free stuff along the way. Peeps go far beyond and have GT's in the multiples of hundreds and more. So the competition is really thick. The person who one last time already played is best hand after the winnings were credited and I believe they can share the experiences with us since they are one of the fellow members here. Don't put too much emotions though. Just keep in mind, you have to play for fun and not to chase the prize. It can make huge difference when you are wagering your money. Good luck to all.

[STT]

Would there be bets for the Oscars this year, cant exactly remember if there was previous but pretty sure we did bet on it in previous years.   I can remember being convinced on the Anthony Hopkins film but I forget if I bet the actor or the film or both.    Surely its popular enough to qualify on the major categories and get the volume of bets back and forth for proper odds.

[babygun]

I think the same. Very rarely do people bet for relatively safe low return bets. It's the chance of a big win that is the most attractive, even though the probability of winning is proportionally lower. The lottery that raises the most money in Europe is the EuroMillions, even though it is the most difficult lottery to win. When I play roulette myself, I prefer to play a single number or a few numbers rather than red or black, which I don't find exciting, and in the end is a negative mathematical expectation. If I'm going to put money on something where the maths is against me anyway, I'd rather have a small chance of a big win than play to lose little but win little as well.

A lot of people really bet on low odds because they think it is quick and easy money. Look at the topic recently created about the gambler who lost 1.4 million $ on a 1.01 odd...
On a side note, I just noticed that I reached 100k RP again and already exchanged them. Will keep track of it to see how long it takes before I can reach it again as 95% of my RP are coming from the WOF spins.

[pawel7777]

Would there be bets for the Oscars this year, cant exactly remember if there was previous but pretty sure we did bet on it in previous years.   I can remember being convinced on the Anthony Hopkins film but I forget if I bet the actor or the film or both.    Surely its popular enough to qualify on the major categories and get the volume of bets back and forth for proper odds.

I don't expect there's a high demand for that. The popularity of the Oscars (and the Hollywood garbage in general) dropped drastically compared to past years. Most people were only aware of the last year's one because of Will Jones slapping Chris Rock.

[buwaytress]

It'd be interesting to see what the difference will end up being taking max time/weight multiplier so I'll try this soon. I see I get a Premium boost in 7 days and my Reward Points are almost ready for conversion. Is there a way to get alert for new bet offers? Or is there a particular time they get released? I'll test out even bets on all outcomes (1x2) and see what kind of odds they end up getting at the end.

@Saint-loup I don't really see all the extras (freespins freerolls) as additional to the betting though -- I'm only talking about the betting option (I do all the others casually too haha).

I'm not sure this experiment will help you to conclude anything, because real odds change over time as you know. And when you bet at a normal bookmaker using fixed odds, you are paid with odds at the date you've bet while here you will be paid with the odds of the last day, that is to say 10 days, or even more, after your bet. If you compare with odds offered by bookmakers 10 days before the event you will necessarily get different odds than the final odds given by Freebitcoin because many things happen in 10days. And if you compare final odds from Freebitcoin with final odds from bookmakers while you've placed your bet 10 days earlier you're not comparing the odds of the same bet, because 10 days before the bet was different with different odds at bookmakers and they wouldn't allow you to bet at those odds. Actually, I don't think it's relevant to try to compare parimutuel odds and fixed ones, that's just 2 different betting systems, working differently.

Sorry for the late reply, I completely disagree here. Odds always change, that's the nature of likelihood and probability, but if I compare books, I take the bets at the same day and compare odds at the same time. Why not? Everyone knows odds will be different the next day but the idea is to have a large enough sample size, exact same markets at the same time. In 10 minutes, odds will change at all bookies, never mind in 10 days. The point is to compare books at the time you place your bet.

I used to maintain a daily thread that used regular bookies, crypto bookies, and even P2P markets (not parimutuel, just p2p) -- and every option has a variable. Some have limited market sizes. Others have price boosts. Others have promos. All these count towards value.

Either way, probably not going to be able to do this experiment as I didn't get any response on when these bets get released, so not possible to easily test these bets.

All I can say is I'm almost 100% certain I'd gain far less as a casual gambler coming in to place bets on options here, than if I went to a regular bookie. I'd like to try and prove that right, or wrong, but I'm not incentivised enough to try. That's no criticism of the system here either! It's only to point out something (as a regular sports bettor myself).

Time weight multiplier? I don't remember the last time I took a bet even close to max multiplier...

[soslex]

It would be helpful if it were possible to check on personal stats tab how much satoshis have been wagered on the account so far.

If you've never claimed a bonus before you can see how much you have wagered on the site by going to the multiply tab. At the top of the page you'll see a message: "You are eligible for a bonus of x.xxxxxxxx BTC for playing MULTIPLY BTC! Click here to claim your bonus."

For every 100 satoshi you wager on dice or betting, the bonus you are eligible for increases by 1 satoshi. So, multiply the bonus you are eligible for by 100 to see how much you've wagered in total on the site. Again, this will only work if you've never claimed a bonus before.

Edit: I stand corrected, the bonus system was not available in the early days of the site, so wagers made before 2017 won't be included in the eligible bonus number. Thanks @Mahdirakib

[Fivestar4everMVP]

Would there be bets for the Oscars this year, cant exactly remember if there was previous but pretty sure we did bet on it in previous years.   I can remember being convinced on the Anthony Hopkins film but I forget if I bet the actor or the film or both.    Surely its popular enough to qualify on the major categories and get the volume of bets back and forth for proper odds.

I could remember there was a casino that offered betting on last year's Oscar awards, but I am pretty sure it wasn't freebitco, even though i cant remember the casino in particular right now.

And yes, this is a good idea I must admit, would be great to see freebitco offer betting ability for the Oscars award this year to their users, i believe we a lot of movie lovers who would definitely participate in the betting, including myself, so lets hope the freebitco team is reading and would adhere.

[piebeyb]

Would there be bets for the Oscars this year, cant exactly remember if there was previous but pretty sure we did bet on it in previous years.   I can remember being convinced on the Anthony Hopkins film but I forget if I bet the actor or the film or both.    Surely its popular enough to qualify on the major categories and get the volume of bets back and forth for proper odds.

I just found out if there is this bet on freebitcoin, or I missed it, I've only seen sports betting and crypto price predictions so far nothing but that, but if there is maybe there will be more variety in bets on freebitcoin

[Saint-loup]

Sorry for the late reply, I completely disagree here. Odds always change, that's the nature of likelihood and probability, but if I compare books, I take the bets at the same day and compare odds at the same time. Why not? Everyone knows odds will be different the next day but the idea is to have a large enough sample size, exact same markets at the same time. In 10 minutes, odds will change at all bookies, never mind in 10 days. The point is to compare books at the time you place your bet.

I understand what you mean, but when you place a bet on a parimutuel sportsbook like what you can do for horse or dog races, you don't just bet on an outcome at given odds, you bet on an outcome at what you think will be its final odds(ie the odds of your expected payout). So it's not the same job as a bookmaker, people don't try to just assess the likelihood of an outcome, they try to guess how will be the pool at the end, and they only bet if they think the final odds will be interesting. Hence temporary odds, are not just a live evaluation of the likelihood to happen of outcomes by the overall pool, it's more complicated than that. In brief, bettors bet against the other bettors, they don't just buy odds offered by the sportsbook, you have to take that into account.

I used to maintain a daily thread that used regular bookies, crypto bookies, and even P2P markets (not parimutuel, just p2p) -- and every option has a variable. Some have limited market sizes. Others have price boosts. Others have promos. All these count towards value.

Yes it was a very nice thread, one of the most interesting one IMO, why you don't update it anymore?

Either way, probably not going to be able to do this experiment as I didn't get any response on when these bets get released, so not possible to easily test these bets.

All I can say is I'm almost 100% certain I'd gain far less as a casual gambler coming in to place bets on options here, than if I went to a regular bookie. I'd like to try and prove that right, or wrong, but I'm not incentivised enough to try. That's no criticism of the system here either! It's only to point out something (as a regular sports bettor myself).

Time weight multiplier? I don't remember the last time I took a bet even close to max multiplier...

I'm not sure trying to get the highest TMW, is an interesting strategy because one week or more before you have absolutely no idea of what will be the final odds. You don't know what will happen and you don't know what will do the pool so it's a little bit like playing roulette IMO. It's better to wait several days IMO because the more the pool is filled, the less it is likely to change. A high TMW is just a counterpart of a high uncertainty finally.