babygun
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April 28, 2023, 10:56:53 PM |
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Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.
Using martingale is just betting on that there will be no long losing streak. But many fail to realise how much money would be needed to finance this strategy if an unusually long losing streak occurs. With a base bet of just one satoshi and 1btc=$30k, the cost of a losing streak of 10 would be just $0.31, but that's almost guaranteed to happen. A losing streak of 20 would cost us over $314. A losing streak of 30, that's $322,123 - just to win 1 satoshi. If I remember correctly, the longest-recorded losing streak on JustDice (which used to be the most popular bitcoin dice site) was over 30. You are 100% right, it is not worth to do it. In the beginning, I tried it a lot and with success but offcourse it is bound to be doomed in the long end. Had 2 times streaks of like 15 or 16 losses so lost quite a lot of money because of that.
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STT
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Leading Crypto Sports Betting & Casino Platform
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April 28, 2023, 10:58:59 PM Last edit: April 28, 2023, 11:37:43 PM by STT |
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I think Martin worked for a casino maybe , nobody is really benefitting from this but it would raise player participation numbers and make casinos happy that the idea gives people an easy to understand and implement strategy. It wont especially help chances of winning or the balance of amount won vs amount lost, its too risky a strategy is the easiest observation and the gains dont scale with that risk so unwise to use imo. Price end of month is Sunday and I think price is positive acting, maybe a run up to sub 35k area but mostly I would guess BTC price action hangs around 30k down to the wire probably.
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Strongkored
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April 29, 2023, 03:19:55 AM |
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Does anyone experienced that an old account has a 2FA security verification after logging in for a long time? I create my account long time ago and I just recently recover the wallet address and email that I use on it to recover my funds. Surprisingly my account has a 2FA security now even though 2FA option is not available by the time when I'm using my account.
I already requested for 2FA disable. It will take 8 days to approved but I’m hesitant that my balance is still there because I suspect that my account is already hacked due to the notification email that I find that someone trying to access my account. That means you can't log in to your account right? because when you log in you are immediately asked for the 2FA code if it has been activated, If you have never activated 2FA but it turns out to be activated meaning someone hacked your account and replaced everything that has to do with that account, possibility are that the funds there are no longer there. if i'm not mistaken the only ways to restore your account is for you to sign the message from one of the Bitcoin addresses you used to make a deposit in your freebitcoin account My question is will freebitco.in allow my request to disable 2FA even if I’m not the one who set it up?
I think only freebitcoin representative can answer this questions.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Poker Player
Legendary
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Activity: 1386
Merit: 2037
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April 29, 2023, 03:30:41 AM |
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It keeps happening to me almost every time I use martingale strategy for betting. Out of 10 times, I would have lost money 9 times and came out in profits just once. Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits. But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.
Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol. The part that has been left unexplained by pawanjain is that those days that he goes positive he wins very little in relation to what he loses on the days that he goes negative (most of them), because in martingale, the garbage strategy used when you lose is to double the bet, so you are risking 100% each time to win only the initial bet. The ones that I bet that are very happy with so many people practicing martingale, are freebitco.in and casinos in general. For them it is very profitable.
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TheQuin
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April 29, 2023, 05:41:25 AM |
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Does anyone experienced that an old account has a 2FA security verification after logging in for a long time? I create my account long time ago and I just recently recover the wallet address and email that I use on it to recover my funds. Surprisingly my account has a 2FA security now even though 2FA option is not available by the time when I'm using my account.
As far as I remember 2fa has been available from only a very short timeafter we started the site in 2013. I already requested for 2FA disable. It will take 8 days to approved but I’m hesitant that my balance is still there because I suspect that my account is already hacked due to the notification email that I find that someone trying to access my account.
If you had set a recovery telephone number it could have been done immediately. The 8 day cooling off period is to offer protection to someone who notices that their email has been hacked and someone is trying to access their accounts. My question is will freebitco.in allow my request to disable 2FA even if I’m not the one who set it up?
We don't know who set it up but the request to reset it by email must come from an IP address located in the same city as it was set up. If you can sign a Bitcoin message from either the profile address or an address you previously deposited from and send it to me in a PM I can reset your 2fa now.
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tusandii
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April 29, 2023, 08:54:51 AM |
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It keeps happening to me almost every time I use martingale strategy for betting. Out of 10 times, I would have lost money 9 times and came out in profits just once. Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits. But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.
Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol. I'm not sure that martingale is still the mainstay strategy for many gamblers because this type of strategy requires a lot of money to use and not all types of games can use the martingale strategy. We must really understand in advance what game we will choose so that we can determine the method and strategy that is suitable for use. I have used this strategy several times, but when I was still at the beginning of a game session with small bets, we could get a profit, we had to immediately move on to another game because if not, then all the balance you had would be gone without remainder. Strategy is important but it will be more important to be able to find the right type of game and how to use the strategy that we have so that we don't fail in every game session.
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dimonstration
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April 29, 2023, 09:30:20 AM |
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We don't know who set it up but the request to reset it by email must come from an IP address located in the same city as it was set up.
If you can sign a Bitcoin message from either the profile address or an address you previously deposited from and send it to me in a PM I can reset your 2fa now.
The Bitcoin address that I use back then is from a custodial wallet address so signed message is not possible. I will wait for the 8 days period to cooldown then I will input the necessary extra security for my account. I keep receiving a notification email before that someone trying to access my account but I just ignored it because I can still login my account back then. I will contact you once the 2FA didn’t reset after the 8 days period. If the screenshot of my custodial wallet showing the receiving address match to my account address, I will use it to recover this account if possible.
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freebitco.in PR
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freebitco.in Official PR Account
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April 29, 2023, 09:34:34 AM |
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Azerbaijan Grand Prix – Betting Ends in 4 HOURS! Leclerc, Verstappen, and Perez form the top three after qualification, but there's still a Sprint race to be played. Who will win the Azerbaijan Grand Prix? Predict the winner at FreeBitco.in and win BTC if you're right! Betting expires right before the Sprint race begins.
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freebitco.in PR
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Activity: 1455
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freebitco.in Official PR Account
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April 29, 2023, 09:39:18 AM |
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Back by popular demand at Club Riches, just for you and only for the next 48 hours! CLAIM 0.4BTC AND 200 SPINS!Back by popular demand and only for the next 48 hours, Club Riches exclusive offer to claim a massive bonus of up to 0.4BTC plus 200 spins! FreeBitcoin members who will create for the first time an account at Club Riches, and make a deposit, will see their balance get boosted up to the amount of 0.4BTC! The minimum amount you can deposit is €5 if you use crypto or €15 if you use any other method such as credit/debit cards, online banking, e-wallets, or cash vouchers! How to claim:1. Create an account at Club Riches for the first time 2. Select the exclusive bonus from the registration page 3. Deposit as little as €5 4. Club Riches will automatically match the amount of your deposit You can deposit any amount from €5 up to 0.4BTC! Example: When you deposit €100 you will get €100 extra on top and you can start playing any of our fantastic games with €200! You must be quick, you have just 48 hours to claim it! Note: Club Riches is not available in Curacao, Belgium, Denmark, France, Germany, Greece, Hungary, Italy, Netherlands, Poland, Spain, United States and United Kingdom, or countries that are blacklisted by the FATF or other similar institutions.
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Mahdirakib
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In Search of Incredible
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April 29, 2023, 11:08:07 AM |
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Thanks. The question is what "a reasonable amount" is. I know the rule of limited max bet might by annoying, but ok. Generally I claim the bonus when it reaches above 25k satoshi. The reasonable amount isn't big actually. I was also claiming the bonus at the lowest amount when it was implemented for the first time. The bonus become available to claim at 1k satoshi. Then the bonus increase by 1 satoshi for every 100 satoshi wager (1% of the wagered amount). There is no fun of taking the bonus on the lowest amount. However, it is easy to complete the low wagering requirement.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Betwrong
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Activity: 3290
Merit: 2160
I stand with Ukraine.
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April 29, 2023, 11:43:59 AM |
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I think Martin worked for a casino maybe , nobody is really benefitting from this but it would raise player participation numbers and make casinos happy that the idea gives people an easy to understand and implement strategy. It wont especially help chances of winning or the balance of amount won vs amount lost, its too risky a strategy is the easiest observation and the gains dont scale with that risk so unwise to use imo. Price end of month is Sunday and I think price is positive acting, maybe a run up to sub 35k area but mostly I would guess BTC price action hangs around 30k down to the wire probably. Most bets went on the "$27,501 - $30,000" region and I think these people are going to win this time. 2.19x of your bet plus the Time Weight Multiplier, it's not that bad of a win for predicting something that will most likely to happen. But these guys they are going to win 2 times more for their brave bets if they turn out to be right. And, of course, I wish them to be right.
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dimonstration
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April 29, 2023, 01:36:18 PM Last edit: May 14, 2023, 06:12:08 PM by dimonstration |
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I think Martin worked for a casino maybe , nobody is really benefitting from this but it would raise player participation numbers and make casinos happy that the idea gives people an easy to understand and implement strategy. It wont especially help chances of winning or the balance of amount won vs amount lost, its too risky a strategy is the easiest observation and the gains dont scale with that risk so unwise to use imo. Price end of month is Sunday and I think price is positive acting, maybe a run up to sub 35k area but mostly I would guess BTC price action hangs around 30k down to the wire probably. Most bets went on the "$27,501 - $30,000" region and I think these people are going to win this time. 2.19x of your bet plus the Time Weight Multiplier, it's not that bad of a win for predicting something that will most likely to happen. But these guys they are going to win 2 times more for their brave bets if they turn out to be right. And, of course, I wish them to be right. I’m excited to play this game once I access again my account. How time weight multiplier computed? Is the duration of your bet will increase your winning aside from the odds? Also is the bet on the price will remain until the end date or there’s is just a betting time allowed on each pool. I think the Above 30K bet has a chance of winning since there might be a price fluctuations above before the weekly candle close on Monday. That x4 odds is so worth it for those who yolo bet on Bitcoin price back when it’s below 28K.
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pawanjain
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April 29, 2023, 02:40:46 PM |
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It keeps happening to me almost every time I use martingale strategy for betting. Out of 10 times, I would have lost money 9 times and came out in profits just once. Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits. But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.
Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol. I'm not sure that martingale is still the mainstay strategy for many gamblers because this type of strategy requires a lot of money to use and not all types of games can use the martingale strategy. We must really understand in advance what game we will choose so that we can determine the method and strategy that is suitable for use. I have used this strategy several times, but when I was still at the beginning of a game session with small bets, we could get a profit, we had to immediately move on to another game because if not, then all the balance you had would be gone without remainder. Strategy is important but it will be more important to be able to find the right type of game and how to use the strategy that we have so that we don't fail in every game session. The huge balance requirement is the major reason why most of us lose money in martingale. People have seen more than 20 consecutive losses in a row which turns out to be a huge number in martingale. Even I have emptied my account 2-3 times using this strategy after which I sweared that I wouldn't go long if at all I use this strategy again.
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piebeyb
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April 29, 2023, 03:48:06 PM |
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Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.
Using martingale is just betting on that there will be no long losing streak. But many fail to realise how much money would be needed to finance this strategy if an unusually long losing streak occurs. With a base bet of just one satoshi and 1btc=$30k, the cost of a losing streak of 10 would be just $0.31, but that's almost guaranteed to happen. A losing streak of 20 would cost us over $314. A losing streak of 30, that's $322,123 - just to win 1 satoshi. If I remember correctly, the longest-recorded losing streak on JustDice (which used to be the most popular bitcoin dice site) was over 30. You are 100% right, it is not worth to do it. In the beginning, I tried it a lot and with success but offcourse it is bound to be doomed in the long end. Had 2 times streaks of like 15 or 16 losses so lost quite a lot of money because of that. I just needed another 1k satoshi to get another 30k satoshi to withdraw it to my bitcoin wallet, but since then I've touched it just under a few hundred satoshi but, unfortunately I was unlucky and had a 12x losing streak using martingale and it was really funny, but it's okay, I think it's just for fun, looking for fun, if it works, I'll withdraw it, if it fails, let's just say it's not mine, so I have to return it to freebitcoin I tried to use martingale because I thought I could win just a little to be able to withdraw it so I could play other casino games looking for new experiences but in the end I ran out of winning money, don't ever try to use this martingale strategy if you don't want to lose even though you have big capital money.
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hosseinimr93
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April 29, 2023, 05:55:23 PM |
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How time weight multiplier computed?
The time weight multiplier starts from 100 and gradually decrease to 0. For more information on how the time weight multiplier changes and how it affects the odds, click on question mark at the betting page. The huge balance requirement is the major reason why most of us lose money in martingale.
There is no huge balance that is sufficient for being successful at martingale strategy. For being successful, you need an unlimited balance.
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decodx
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April 29, 2023, 07:12:26 PM |
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There is no fun of taking the bonus on the lowest amount. However, it is easy to complete the low wagering requirement.
To be exact, in order to release a 1000 satoshi bonus, you need to wager at least 50,000 satoshi. So, when you asy that a bonus has a "low wagering requirement," I would take that with a grain of salt.
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Saint-loup
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April 29, 2023, 08:59:10 PM Last edit: April 29, 2023, 11:18:30 PM by Saint-loup |
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I’m excited to play this game once I access again my account. How time weight multiplier computed? Is the duration of your bet will increase your winning aside from the odds?
Also is the bet on the price will remain until the end date or there’s is just a betting time allowed on each pool. I think the Above 30K bet has a chance of winning since there might be a price fluctuations above before the weekly candle close on Monday. That x4 odds is so worth it for those who yolo bet on Bitcoin price back when it’s below 28K.
The way the Time Weight Multiplier is computed is written on every betting pages next to its current value, it mostly depends on the time left before the close of the bet. The more there is remaining time the higher the TMW is. But the more there is uncertainty on the winning outcome and its final odds too, so it's hard to define when it's the best time to place bets. Bet markets on cryptocurrencies usually close several days(one week at least AFAIK) before the end of the month, so they are already closed for this month. The Time Weight Multiplier is an additional factor added to our betting events to incentivize early bets by assigning them a higher weight than later bets.
The Time Weight Multiplier starts at 100 for each event and goes down as time passes, eventually reaching 0 when the event ends.
The weight of each bet is assigned as (Bet Amount)*(100%+(Time Weight Multiplier)%). So, a bet made with Time Weight Multiplier of 99x will have a weight of 199% and a bet made with Time Weight Multiplier of 30x will have a weight of 130%.
In the example above, the bet with Time Weight Multiplier of 99x will win 60% (199/(199+130)) of the prize pool and the bet with Time Weight Multiplier of 30x will win 40% (130/(199+130)) of the prize pool.
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babygun
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April 29, 2023, 09:44:15 PM |
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The way the Time Weight Multiplier is computed is written on every betting pages next to its current value, it mostly depends on the time left before the close of the bet. The more there is remaining time the higher the TMW. But the more there is uncertainty on the winning outcome and its final odds too, so it's hard to define when it's the best time to place bets. Bet markets on cryptocurrencies usually close several days(one week at least AFAIK) before the end of the month, so they are already closed for this month.
This is one of the reasons that I like to bet from time to time on freebitco.in as it offers something else besides the regular sportsbooks you have. When I bet on the price for the cyrptocurrencies, I would only bet near the end of the month, but for betting on tennis or soccer matches, this time multiplier can give you a nice bonus.
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virasog
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April 29, 2023, 10:18:07 PM |
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To be exact, in order to release a 1000 satoshi bonus, you need to wager at least 50,000 satoshi. So, when you asy that a bonus has a "low wagering requirement," I would take that with a grain of salt. So will anyone risk 50,000 satoshi wagering to get 1000 satoshi ? The risk is too high as compared to the reward. Yes, if you want to gamble, you can do it but do not force yourself to gamble in order to complete the wagering requirements to claim the bonus. This is one of the reasons that I like to bet from time to time on freebitco.in as it offers something else besides the regular sportsbooks you have. When I bet on the price for the cyrptocurrencies, I would only bet near the end of the month, but for betting on tennis or soccer matches, this time multiplier can give you a nice bonus.
Betting on BTC price on freebitco is most interesting betting I found on this site. es, it is better to bet as late as possible so we can have more chances of guessing the price correctly. Right now you can bet for the bitcoin price on 31 May, 2023 and betting will end in 24 days. Better to place the bet after 23 days so you know what the current Bitcoin price at that time is.
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babygun
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April 29, 2023, 11:20:40 PM |
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Betting on BTC price on freebitco is most interesting betting I found on this site. es, it is better to bet as late as possible so we can have more chances of guessing the price correctly. Right now you can bet for the bitcoin price on 31 May, 2023 and betting will end in 24 days. Better to place the bet after 23 days so you know what the current Bitcoin price at that time is.
It can be interesting, but it really depends on what the odds are. Most of the times, when I bet on it, I want to cover 2 ranges and still try to end up in profit lol. We all know that crypto prices is volatile so there needs to be some value in it before I place the bets. When the price swings too much (what happens quite often) I skip betting on it.
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