Fivestar4everMVP
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Leading Crypto Sports Betting & Casino Platform
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April 06, 2023, 01:17:05 PM |
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But isn't this parimutuel bet more complicated than betting in general?
I would actually say it's a far simpler system than fixed odds betting. All the money goes into a pool that is shared out among the winners at the end. The big difference is that it is player versus player betting. So rather than betting against us, you are betting against other customers. That makes it unpredictable because you don't know what they will do next. that sounds simple to explain i studied this system a bit since yesterday, so we really don't bet against the house but bet against other users with all the money in the pool, so i did a test yesterday and it turns out there is indeed a different betting system that i didn't expect, but I'm always happy to test it instead of asking others because testing without risk is no problem for me to learn a bit about the betting system. Sports betting has always been against other users, this is one of the reasons why odds change according to bets, the side that is receiving more bets has a smaller odd, while the side receiving few bets has a higher odd, why is this so? It's so because if the side with the smaller odd wins, the casino is going to settle the winnings with the money raised from the side with a bigger odd, which is only but a few money.. But if the side with the higher odd wins, the casino is going to settle the winnings with the money raised from the side with the smaller odd, which is really big amount of money since several people were pouring money on that side, this is why bigger odds means bigger money, and small odds means little amount of money.
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pawanjain
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April 06, 2023, 04:00:04 PM Last edit: May 15, 2023, 05:00:39 PM by pawanjain |
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Hitting the Jackpot even if just only once is better than never. Seeing the cherished 8888 when you hunt for it is something, innit? I myself hit Jackpot 2 times, once it was 10k sats and another time it was 100k. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FSrNvLQd%2F62045844.png&t=665&c=noJoY4jysix_Eg) It looks interesting , I'll give this a go after trying to make a quick profit on bitcoin price predictions yesterday but was not satisfied after knowing the system , it can't hurt to spend a little satoshi every week looking for the 8888 jackpot and it doesn't require any technique anyway . only luck can give us the jackpot we want. BTW thanks for sharing here ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Bitcoin price prediction always seems like an easy way to make money, as predicting is very easy, but it hurts to say that for all the multiple times I've tried, never have I been lucky enough to win it, and I am assuming this is due to the current high volatility of the price of bitcoin, for several weeks now, price hasn't been that stable, so price prediction in such a market condition is pretty difficult to win from.. You are the first person whom I have heard saying predicting bitcoin price is easy. Everyone else says that predicting crypto prices is a difficult job and it is indeed. The price can change by a huge margin in just one day. It becomes difficult to tell what's gonna be the price after 8-10 days. LOL, you misunderstood me bro, by saying price prediction is very easy, I mean it from a different context and not the context you are thinking, let me explain in a way that you would understand.. Say for example, it is very easy to say that bitcoin will be worth $30,000 by May 30th, it's relatively easy to say, but it coming to reality is where the job lies, this is why I said prediction is very easy, but winning is pretty difficult due to the high volatility bitcoin's price movement. Hahaha, yeah now that's right. I got it totally wrong. 100k more multiply BTC rolls played that means you often play actively in that game and I only played about 33k I rarely open the multiply BTC game at Freebitco now. I placed most of those bets a long time ago. The 100k bets are nothing as I have placed millions of bets at other casinos. Sorry to freebitco for saying this, but honestly, for me personally, I think the multiply bitcoin is one of the worst game I played on freebitco, I've played this game several times and each of those, I ended up losing all my bitcoins instead of actually multiplying it as it is in the game title😂.. Can't remember when I played it last, and I don't think i wil ever, I will rather bet with my bitcoin or join the lottery, I prefer those to multiply btc. Now I see why you prefer betting on BTC and call it easier to predict. Well, yeah multiply BTC is indeed difficult to win. We need a really good luck to win from our bets on multiply BTC. If we keep playing for longer hours we eventually lose money. That's not the case with price prediction. We just bet once a month and helps us from over gambling as well.
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tusandii
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April 06, 2023, 05:36:14 PM |
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Now I see why you prefer betting on BTC and call it easier to predict. Well, yeah multiply BTC is indeed difficult to win. We need a really good luck to win from our bets on multiply BTC. If we keep playing for longer hours we eventually lose money. That's not the case with price prediction. We just bet once a month and helps us from over gambling as well.
Indeed, friends betting BTC prices are easier to predict for those who understand Bitcoin prices and can carry out several strategies used to predict Bitcoin prices because there are many ways to predict Bitcoin Cryptocurency prices in particular. On Bitcoin bets we can only do it once a month and can prevent excessive gambling but it does not rule out that someone cannot prevent excessive gambling because of course they also make bets on other types of bets and if betting large amounts on Bitcoin one's bets can also easily suffered a major defeat.
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Saint-loup
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April 06, 2023, 06:50:42 PM |
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Sports betting has always been against other users, this is one of the reasons why odds change according to bets, the side that is receiving more bets has a smaller odd, while the side receiving few bets has a higher odd, why is this so?
It's so because if the side with the smaller odd wins, the casino is going to settle the winnings with the money raised from the side with a bigger odd, which is only but a few money.. But if the side with the higher odd wins, the casino is going to settle the winnings with the money raised from the side with the smaller odd, which is really big amount of money since several people were pouring money on that side, this is why bigger odds means bigger money, and small odds means little amount of money.
Odds can change because one outcome has much success and many bettors are betting on it but the odds can only be lowered by few units otherwise people could bet elsewhere or could just decide to not take the bet this time. In addition people tend to bet less money when odds are higher because they know the likelihood to win is smaller, so the casino bankroll issue is usually not so crucial.
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FanEagle
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April 06, 2023, 08:55:01 PM |
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But isn't this parimutuel bet more complicated than betting in general?
I would actually say it's a far simpler system than fixed odds betting. All the money goes into a pool that is shared out among the winners at the end. The big difference is that it is player versus player betting. So rather than betting against us, you are betting against other customers. That makes it unpredictable because you don't know what they will do next. that sounds simple to explain i studied this system a bit since yesterday, so we really don't bet against the house but bet against other users with all the money in the pool, so i did a test yesterday and it turns out there is indeed a different betting system that i didn't expect, but I'm always happy to test it instead of asking others because testing without risk is no problem for me to learn a bit about the betting system. I think the idea is that you are going to get different odds based on who bets on what, and in other sportsbooks it is not like that. I know it is not likely and would not happen, but lets assume that there is a game between a great team and a bad team, normally what happens? The great team gets a low odd, like 1.10 or 1.20 or something right? Well, the bad team also gets like 7.60 or something as well? In this method, it is most likely like that too, almost all the time, so there is nothing wrong with it on that front, but on the very rare off chance that some rich person comes along and bets on the bad team just for the lols, that means you are going to get the great team with suddenly high odds.
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arallmuus
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April 06, 2023, 08:59:55 PM |
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that sounds simple to explain i studied this system a bit since yesterday, so we really don't bet against the house but bet against other users with all the money in the pool, so i did a test yesterday and it turns out there is indeed a different betting system that i didn't expect
Its not really different if you are betting. The major difference would be less betting options compared to some regular sportsbook that you are used to bet on. Aside from that, the differences would be on the odds because you could get better odds on least favourites team compared to regular sportsbook but the odds on favourites should be worse most of the time but yeah its a difference experience of betting for sure
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soslex
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April 06, 2023, 09:16:09 PM |
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Sorry to freebitco for saying this, but honestly, for me personally, I think the multiply bitcoin is one of the worst game I played on freebitco, I've played this game several times and each of those, I ended up losing all my bitcoins instead of actually multiplying it as it is in the game title😂.. Can't remember when I played it last, and I don't think i wil ever, I will rather bet with my bitcoin or join the lottery, I prefer those to multiply btc.
To be fair, you are still multiplying your bitcoin, you're just multiplying by a number less than 1 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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pawel7777
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Up to 300% + 200 FS deposit bonuses
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April 06, 2023, 10:07:46 PM |
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Its not really different if you are betting. The major difference would be less betting options compared to some regular sportsbook that you are used to bet on. Aside from that, the differences would be on the odds because you could get better odds on least favourites team compared to regular sportsbook but the odds on favourites should be worse most of the time but yeah its a difference experience of betting for sure
The major downside for me is that you don't really know what the final odds are going to be + there's no option to place combination bets. But yes, this type of betting is a good business model for freebitco.in as they don't care who wins or losses, so they don't have incentive to cut down on odds (or to ban players making consistent profits), meaning players will often get better payouts than with regular sport betting sites, which makes up for for all the downsides.
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arallmuus
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April 06, 2023, 11:21:33 PM |
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-snip
The major downside for me is that you don't really know what the final odds are going to be + there's no option to place combination bets. Oh yeah this as well, I forgot to mention about the time weight multiplier as well but yeah its abit vague for me because I havent been betting for some time on freebitco.in but normally we get better odds on least favourites option compared to those other standard bookies but most people dislike the idea of not getting the exact odds confirmation after bets are placed hence parimutuel betting is not popular around
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babygun
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April 06, 2023, 11:22:06 PM |
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Its not really different if you are betting. The major difference would be less betting options compared to some regular sportsbook that you are used to bet on. Aside from that, the differences would be on the odds because you could get better odds on least favourites team compared to regular sportsbook but the odds on favourites should be worse most of the time but yeah its a difference experience of betting for sure
The major downside for me is that you don't really know what the final odds are going to be + there's no option to place combination bets. But yes, this type of betting is a good business model for freebitco.in as they don't care who wins or losses, so they don't have incentive to cut down on odds (or to ban players making consistent profits), meaning players will often get better payouts than with regular sport betting sites, which makes up for for all the downsides. I am not the biggest fan of combo bets so I don't really mind that you can't combine any bets. You indeed never know what the final odds are; most of the times when I place a bet, the final odd is a bit lower than when I placed it but there is also a time multiplier effect which makes it more interesting again.
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Don Pedro Dinero
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April 07, 2023, 04:57:07 AM |
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Sorry to freebitco for saying this, but honestly, for me personally, I think the multiply bitcoin is one of the worst game I played on freebitco, I've played this game several times and each of those, I ended up losing all my bitcoins instead of actually multiplying it as it is in the game title😂.. Can't remember when I played it last, and I don't think i wil ever, I will rather bet with my bitcoin or join the lottery, I prefer those to multiply btc.
To be fair, you are still multiplying your bitcoin, you're just multiplying by a number less than 1 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Well, actually, if you pay attention to what I've bolded, he is getting them multiplied by 0.
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STT
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April 07, 2023, 05:44:38 AM |
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Only dividing by zero could be worse. Its also possible to buy a lottery ticket and not win, again that'd be a zero so it doesnt sound too unfamiliar a situ to encounter. Just limit what you bet till you find what you like and are fine with risking, never do all imo that's going to leave you bored the next day.
I was going to ask since it flagged up for me but is the app for freebitco likely to just be a random creation by someone or is there an official app. Either way I have not used it that I remember but I had it flagged for removal so figured I would ask, I cant remember when or where I saw it first.
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swogerino
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April 07, 2023, 05:51:24 AM |
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100k more multiply BTC rolls played that means you often play actively in that game and I only played about 33k I rarely open the multiply BTC game at Freebitco now. I placed most of those bets a long time ago. The 100k bets are nothing as I have placed millions of bets at other casinos. Sorry to freebitco for saying this, but honestly, for me personally, I think the multiply bitcoin is one of the worst game I played on freebitco, I've played this game several times and each of those, I ended up losing all my bitcoins instead of actually multiplying it as it is in the game title😂.. Can't remember when I played it last, and I don't think i wil ever, I will rather bet with my bitcoin or join the lottery, I prefer those to multiply btc. Everybody knows that they have a really big house edge compared to other alternatives for the multiply btc or play hi-lo game but a lot of people still play it as they are in for the side benefits.I have said several times that the side benefits if you play long enough there and you do that during bonus days only you get a lot of reward points,you get weekly lottery tickets which if you win once the lottery I think it is enough to justify the play there if you play like 0.001-0.01 Bitcoin max and last but not least is the opportunity to grab Golden tickets which are for the lambo draw which by the way is one week by now.
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Flexystar
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April 07, 2023, 07:04:18 AM |
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Only dividing by zero could be worse. Its also possible to buy a lottery ticket and not win, again that'd be a zero so it doesnt sound too unfamiliar a situ to encounter. Just limit what you bet till you find what you like and are fine with risking, never do all imo that's going to leave you bored the next day.
I was going to ask since it flagged up for me but is the app for freebitco likely to just be a random creation by someone or is there an official app. Either way I have not used it that I remember but I had it flagged for removal so figured I would ask, I cant remember when or where I saw it first.
I think there is no official app. Only made-up apps with affiliate links and also home screen shortcuts. They just keep sending you notifications now and then so that you can keep clicking more and more. I have seen a similar discussion happening a few months back about whether there is an app or not. In conclusion, there is none. Freebitco has a big user base and I believe they should really launch the app for all the platforms. Most of the faucet sites have already launched an app for themselves. In comparison, we don't have it. In freebitco app, user accessibility would increase many folds and experience will grow as well. I am really not sure if they have considered it or not, but if there would have been any app, then you could have seen it on the website already.
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FatFork
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April 07, 2023, 08:03:24 AM |
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Only dividing by zero could be worse. Its also possible to buy a lottery ticket and not win, again that'd be a zero so it doesnt sound too unfamiliar a situ to encounter. Just limit what you bet till you find what you like and are fine with risking, never do all imo that's going to leave you bored the next day.
I was going to ask since it flagged up for me but is the app for freebitco likely to just be a random creation by someone or is there an official app. Either way I have not used it that I remember but I had it flagged for removal so figured I would ask, I cant remember when or where I saw it first.
I think there is no official app. Only made-up apps with affiliate links and also home screen shortcuts. They just keep sending you notifications now and then so that you can keep clicking more and more. I have seen a similar discussion happening a few months back about whether there is an app or not. In conclusion, there is none. Freebitco has a big user base and I believe they should really launch the app for all the platforms. Most of the faucet sites have already launched an app for themselves. In comparison, we don't have it. In freebitco app, user accessibility would increase many folds and experience will grow as well. I am really not sure if they have considered it or not, but if there would have been any app, then you could have seen it on the website already. No, there is no official FreeBitco.in app. I recall TheQuin mentioning that it's kind of pointless to make an official app if you can't put it up on the Google Play Store or Apple App Store. Both platforms are pretty strict when it comes to gambling sites, making it difficult to distribute their app to a wider audience.
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UserU
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April 07, 2023, 09:49:18 AM |
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No, there is no official FreeBitco.in app. I recall TheQuin mentioning that it's kind of pointless to make an official app if you can't put it up on the Google Play Store or Apple App Store. Both platforms are pretty strict when it comes to gambling sites, making it difficult to distribute their app to a wider audience.
After all, the site itself is responsive so the layouts adjust according to the display. So an app for a web app is like putting a hat on a hat.
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freebitco.in PR
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freebitco.in Official PR Account
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April 07, 2023, 12:12:33 PM |
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piebeyb
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April 07, 2023, 06:25:05 PM |
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No, there is no official FreeBitco.in app. I recall TheQuin mentioning that it's kind of pointless to make an official app if you can't put it up on the Google Play Store or Apple App Store. Both platforms are pretty strict when it comes to gambling sites, making it difficult to distribute their app to a wider audience.
After all, the site itself is responsive so the layouts adjust according to the display. So an app for a web app is like putting a hat on a hat. Yes, that's why FreeBitcoin doesn't need an app to pamper its users because you can just use a cellphone browser, the same as other crypto casinos that are friendly using cellphones, but I've seen third parties like bots to auto roll in the Playstore, but I've never touched it. let alone use it for fear it's not safe for my phone. for example there is an unofficial freebitcoin app it's best to stay away from that app.
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SquallLeonhart
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April 07, 2023, 08:10:49 PM |
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No, there is no official FreeBitco.in app. I recall TheQuin mentioning that it's kind of pointless to make an official app if you can't put it up on the Google Play Store or Apple App Store. Both platforms are pretty strict when it comes to gambling sites, making it difficult to distribute their app to a wider audience.
After all, the site itself is responsive so the layouts adjust according to the display. So an app for a web app is like putting a hat on a hat. I would agree with that but it is still possible to just have an amp or whatever they are called. It's like an app, but it's not an app, you know what I am talking about? Those type of things basically look like an app logo on your phone, but when you click on it, it forwards you to the website. Plus the responsive part of the website should get a revamp for sure, it looks outdated to me, and I have said before, the whole design should be revamped if you ask me because it is nearly the same as 10 years ago, gotta change it to make it look more sleek and modern according to our understanding of beauty whenever that changes. I know there has been a small few tweaks, but there are many parts of this website I would change if I had the chance.
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babygun
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April 07, 2023, 09:07:57 PM |
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I would agree with that but it is still possible to just have an amp or whatever they are called. It's like an app, but it's not an app, you know what I am talking about? Those type of things basically look like an app logo on your phone, but when you click on it, it forwards you to the website.
Plus the responsive part of the website should get a revamp for sure, it looks outdated to me, and I have said before, the whole design should be revamped if you ask me because it is nearly the same as 10 years ago, gotta change it to make it look more sleek and modern according to our understanding of beauty whenever that changes. I know there has been a small few tweaks, but there are many parts of this website I would change if I had the chance.
Hmm I don't fully agree, sometimes it is better to leave it as itself as I already saw multiple times that the revamp just doesn't work and activity drops. There were plans 2 years ago for redesigning the site but it didn't go through. Maybe some small things can be updated, but I wouldn't do a massive update to be honest.
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