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[STT]

FUN token doesn't really react to that

The token price will react as BTC is the denominator which means when BTC is stronger especially sharply up on a particular day that should put pressure on that price.   Same as prices are  certain to rise when a currency value falls.   So thats a definite relationship but I agree if people are positive on BTC it probably does help the FUN token price longer term.   If we compare the recent low for FUN price in dollars and cents to the price today, its risen by 44% which is no small amount.   To then want a Satoshi quoted price rising on top of that value gain would be exceptional, longer term I would estimate  Bitcoin performing well raises the interest and requirement for 'safe harbor' of long term sites like this.   Whatever the narrative I do think its a fairly good guess this site does well alongside bitcoin usage and market generally.   However the price wont move immediately in parallel to BTC.

[Juggy777]

FUN token doesn't really react to that

The token price will react as BTC is the denominator which means when BTC is stronger especially sharply up on a particular day that should put pressure on that price.   Same as prices are  certain to rise when a currency value falls.   So thats a definite relationship but I agree if people are positive on BTC it probably does help the FUN token price longer term.   If we compare the recent low for FUN price in dollars and cents to the price today, its risen by 44% which is no small amount.   To then want a Satoshi quoted price rising on top of that value gain would be exceptional, longer term I would estimate  Bitcoin performing well raises the interest and requirement for 'safe harbor' of long term sites like this.   Whatever the narrative I do think its a fairly good guess this site does well alongside bitcoin usage and market generally.   However the price wont move immediately in parallel to BTC.

@STT till date there’s yet lots of doubts as to what effects the price of Fun tokens and maybe a tutorial video can be made on this by team Freebitco (pardon me if it already exists). Furthermore an live FAQ session can be done where the investors can ask more questions about what makes the price go up and down, as that’ll help remove the confusion that often prevails with new holders.

[Saint-loup]

You and babygun got me wrong hehe but let me try explain

I wouldn't put that bet anytime, but 1.01x in football is different from 1.01x in dice and 1.01x in this particular FUN bet.

1.01x in football actually pays for something that will lose around 1 in 40 times. For example, City will not win against I don't know, Al-Ahly C team.

1.01x in dice pays for something that will lose around 1 in 25 times if you play on FBC. Because of high house edge.

But to me, 1.01x in this FUN bet will lose around 1 in 100 times. Because it has to almost 20% up now in price within 6 days (after already going up 10% in 2 weeks). That's never happened AFAIK and as I said would require a whale to buy it all in this week. I checked CMC and the best it did was around 12% in 2 weeks this whole past year.

So you guys get what I mean about value?

Rich people see 1% return in government bonds as very high value. The risk is very very low for the government not to pay back to you, less than 1 in 100 chance. So yes, people put in millions and billions in bonds for 1.01x per year exactly because of the low risk to reward and the value.

If you think your bet @1.01 would lose one time in 100, it's not a value bet, because the EV is not positive, it's null and even a little bit negative since 1/99% = 1.0101... actually.
EV = 1.01 x 99/100 - 1 = -0.0001
But to be honest I think FUN has way more chances than 1% to go back above $0.005 in one week, because BTC is very volatile and a flash bull run can happen in the coming days.

[UmerIdrees]

I don't think betting on FUN token at 1.01 odd would provide a massive substantial amount of money in profit if you put even huge amount of money on this bet,the reason is that you will get just 1% plus and let's say that you put 1000 dollars on it you will get 1010 dollars in total,if you put 10.000 dollars on it you will get 10.100 dollars so logic wise it is never recommended to try and risk 1000 for 10 dollars or 10.000 for 100 dollars,you get the idea.The bet also can go wrong despite me thinking it will be a sure win but you need like 100.000 dollars to get 1000 dollars,again not worth risking this amount of money for that little profit you get.

In my eyes, there are no "sure" bets so betting on odds like this makes no sense for me. We have had numerous examples (also on this forum) of bets that went wrong by betting on this low odds. Chances that the FUN tokens will go above 0.005$ is indeed very very low, but there is no value for me on it.

You and babygun got me wrong hehe but let me try explain

I wouldn't put that bet anytime, but 1.01x in football is different from 1.01x in dice and 1.01x in this particular FUN bet.

1.01x in football actually pays for something that will lose around 1 in 40 times. For example, City will not win against I don't know, Al-Ahly C team.

1.01x in dice pays for something that will lose around 1 in 25 times if you play on FBC. Because of high house edge.

But to me, 1.01x in this FUN bet will lose around 1 in 100 times. Because it has to almost 20% up now in price within 6 days (after already going up 10% in 2 weeks). That's never happened AFAIK and as I said would require a whale to buy it all in this week. I checked CMC and the best it did was around 12% in 2 weeks this whole past year.

So you guys get what I mean about value?

Rich people see 1% return in government bonds as very high value. The risk is very very low for the government not to pay back to you, less than 1 in 100 chance. So yes, people put in millions and billions in bonds for 1.01x per year exactly because of the low risk to reward and the value.

Measuring the Risk to Rewards ratio also needs to be taken into consideration when we are making bets. This aspect is usually not taken into consideration by many gamblers.

I would not bet 1.01x even on a sports bet too because the risk is too high. As per your calculation, the loss in a sports bet is one out of forty times but think for a moment that it is your unlucky day that you face an upset on a match and lose the bet.

Usually, when people bet with odds like 1.01x they usually put a large amount on a bet because they are sure that they will win the bet. So if they lose, they will lose a big amount of money. In case they put a small amount in that bet, even if they win the bet, with low odds like 1.01x, it's not worth it that we take the risk for such low rewards.

[Fivestar4everMVP]

FUN token doesn't really react to that

The token price will react as BTC is the denominator which means when BTC is stronger especially sharply up on a particular day that should put pressure on that price.   Same as prices are  certain to rise when a currency value falls.   So thats a definite relationship but I agree if people are positive on BTC it probably does help the FUN token price longer term.   If we compare the recent low for FUN price in dollars and cents to the price today, its risen by 44% which is no small amount.   To then want a Satoshi quoted price rising on top of that value gain would be exceptional, longer term I would estimate  Bitcoin performing well raises the interest and requirement for 'safe harbor' of long term sites like this.   Whatever the narrative I do think its a fairly good guess this site does well alongside bitcoin usage and market generally.   However the price wont move immediately in parallel to BTC.

You are right, and I agree with all you said, but just to add that, a coin or an altcoin trading against bitcoin,  can only experience increase in its dollar price when the price of bitcoin is going up, only if the bitcoin price of the altcoin remains the same or increase a bit, if as the price of bitcoin is going up, and the bitcoin price is the altcoin is dropping bit by bit, we can also realize that, even as the price of bitcoin is going up, the dollar price of that altcoin could remain exactly the same or might even be dropping depending how sharp or slow the bitcoin price of the altcoin moves down..

This is to say that, there are many factors working and contributing to the price of a coin, outside bitcoin's movement, even though bitcoin is still very much dominant in the entire market for now.

[piebeyb]

FUN token doesn't really react to that

The token price will react as BTC is the denominator which means when BTC is stronger especially sharply up on a particular day that should put pressure on that price.   Same as prices are  certain to rise when a currency value falls.   So thats a definite relationship but I agree if people are positive on BTC it probably does help the FUN token price longer term.   If we compare the recent low for FUN price in dollars and cents to the price today, its risen by 44% which is no small amount.   To then want a Satoshi quoted price rising on top of that value gain would be exceptional, longer term I would estimate  Bitcoin performing well raises the interest and requirement for 'safe harbor' of long term sites like this.   Whatever the narrative I do think its a fairly good guess this site does well alongside bitcoin usage and market generally.   However the price wont move immediately in parallel to BTC.

If an increase occurs in the BTC price, of course the pair on the FUN and BTC exchange market will decrease except for fiat currency it will increase, that's why never buy FUN using your BTC, if you hold BTC you should keep it well in your wallet, don't use it to buy tokens FUN, because if the price of BTC strengthens, of course the exchange on FUN tokens will decrease.

I think for beginners who don't understand calculations, never buy FUN as a long term investment using BTC, I mean if they have BTC, just hold on to it, but if they have fiat currency, they should buy FUN with fiat currency, because of course, if the price of BTC increases, the price will increase. FUN will also increase sharply on fiat currency.

[slaman29]

If you think your bet @1.01 would lose one time in 100, it's not a value bet, because the EV is not positive, it's null and even a little bit negative since 1/99% = 1.0101... actually.
EV = 1.01 x 99/100 - 1 = -0.0001
But to be honest I think FUN has way more chances than 1% to go back above $0.005 in one week, because BTC is very volatile and a flash bull run can happen in the coming days.

Lol ok guys, seems like everyone doesn't seem to get me. EV is of course negative but you count this 1% against all the other 1%s possible in gambling today or right now, which is dice, and sports betting. This particular 1% returns is lower risk than dice and sports betting, which has higher risk for the same returns.

That's all I'm saying

I get your point and it is more safe to bet on the FUN token price than on a soccer/tennis match with 1.01 odds. But it will only make sense if you bet a very high amount on it as your profit is so low. I have had bad experiences with betting on these low odds (that was on a live tennis match) so not comparable to this bet, but I will never bet anymore on low odds (everything below 1.5 is low for me lol).

Would really like to see you in the football discussions sharing bets, I always feel like it's a moderate group of people actually gambling, majority are just talking about it

[FanEagle]

it's a scam no bet is provably fair i made 150K+ Free Roll no number above 9995

Personally, I have no doubts about the honesty of freebitcoin because they allow users to check details for every free roll or bet in the hi/lo game. As for your post, it sounds like you're just lying and baselessly accusing freebitcoin. You said you made 150k free rolls, but that's just impossible since freebitcoin only allows 1 free roll per hour. Even if you pressed the roll button 24 times a day, it would take you 17 years to claim free sats 150k times. It's funny because freebitcoin was only launched 10 years ago.

If a place had even a shred of doubt instilled on them, they would have been killed off and labeled a scam many years ago. This place has been in operation for a decade or so, and they haven't done anything wrong even once. I do not think that they are going to end up starting now, it is not going to happen. I know that it feels like it might be the case, but most of the time it is not and we just need to accept that it is not.

The best thing to do right now is to know that freebitco.in is a legit place with absolutely nothing wrong, no matter how some people come here to complain when it is in fact them that tried to scam the website, and got caught so they are calling wolf. Reality is that this place is the most legit place that existed for the longest time.

[swogerino]

FUN token doesn't really react to that

The token price will react as BTC is the denominator which means when BTC is stronger especially sharply up on a particular day that should put pressure on that price.   Same as prices are  certain to rise when a currency value falls.   So thats a definite relationship but I agree if people are positive on BTC it probably does help the FUN token price longer term.   If we compare the recent low for FUN price in dollars and cents to the price today, its risen by 44% which is no small amount.   To then want a Satoshi quoted price rising on top of that value gain would be exceptional, longer term I would estimate  Bitcoin performing well raises the interest and requirement for 'safe harbor' of long term sites like this.   Whatever the narrative I do think its a fairly good guess this site does well alongside bitcoin usage and market generally.   However the price wont move immediately in parallel to BTC.

I strongly agree that FUN token will react to the next bull run and we should all be waiting for it not selling the FUN,on the complete contrary we must buy as much as we can now that FUN price is super cheap and as such we can all amount to win really good substantial amounts of profit when we sell the FUN tokens for Bitcoin at that time.Maybe now we are still in a crypto winter for most altcoins including FUN token but most likely they will come out of this crypto winter as they have always done during all the bull runs that we have witnessed so far,so I expect the same to happen in the next bull run,so we should not worry much about FUN and forget about them until the next bull run.

[Saint-loup]

Lol ok guys, seems like everyone doesn't seem to get me. EV is of course negative but you count this 1% against all the other 1%s possible in gambling today or right now, which is dice, and sports betting. This particular 1% returns is lower risk than dice and sports betting, which has higher risk for the same returns.

That's all I'm saying

Yes I understand what you mean but if you look its price on Bitfinex it's still around $0.00424 currently that's not far away from $0.005. Bitcoin is highly volatile and a bull run can still happen before saturday, so for me this range has around 25% chances to lose at least. I'm sad because when I placed my bet on this range odds were way more interesting than that, so now I regret the amount of money I have placed on this range and I hope an upper range will win to be honest.

[TheQuin]

The best thing to do right now is to know that freebitco.in is a legit place with absolutely nothing wrong, no matter how some people come here to complain when it is in fact them that tried to scam the website, and got caught so they are calling wolf. Reality is that this place is the most legit place that existed for the longest time.

One free roll per hour. 150k hours = 17.12 years. The site is just under 10 years old. Go figure.

[slaman29]

Yes I understand what you mean but if you look its price on Bitfinex it's still around $0.00424 currently that's not far away from $0.005. Bitcoin is highly volatile and a bull run can still happen before saturday, so for me this range has around 25% chances to lose at least. I'm sad because when I placed my bet on this range odds were way more interesting than that, so now I regret the amount of money I have placed on this range and I hope an upper range will win to be honest.

Man yeah it made sense for me at the time with 6 days left to closing and now 4 days left to settling and yet now I think about people like you who went in at much higher odds it doesn't make sense at all. Hope you win it too (the higher range) but FUN's gonna need to be whalenipulated by the majority holders (hehe) to do that and they don't have much stake unless they also bet in the higher range

Tough, but hang in there!!

[freebitco.in PR]

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 421) that took home the prizes.

[Betwrong]

~

Well, personally, with my experience playing the HI-LO game on FreeBitco, I can certainly tell you that hunting got the jackpot in that game is like embarking on a mission that you may likely not return from (mission impossible) 😂.

Since 2015 I joined the FreeBitco, I don't know, maybe I missed it but honestly, I not come across any user who testified of winning the jackpot in the hi-lo game, not on this forum, not outside this forum - but anyways, it's good that you categorically said it yourself that you are just doing it for fun, so I wish you as much fun as possible chasing shadows 😂.

For fun yes, but not without success. During my hunt for the Jackpot on FreeBitco.in I hit it two times: once the lowest one, winning 10k sats wit that, and once the second one from the bottom, which gave me 100k.



And even today I was very close to winning another 100k sats





But "close" doesn't count, right?

[so98nn]

It seems we have a new little upgrade on the website. They changed the Free Roll button appearance to "Multiply BTC" whenever you are done rolling your free roll. That is a nice way to divert the users to immediately bet with the earned free sats. I have recently gone down a bit in the multiply section because I lost a lot recently. My current eligible bonus is around 6429 satoshi. I am not sure if I should use it or not. The last time I used it, I exhausted all of my balance. Though I got 1 GT in return but anyways that is not my goal yet. The current focus is only, on price predictions, FUN accumulation, and WOF accumulation.

How about other members? Have you guys used your multiplier bonus and were successful to wager the 25x amount? I am also hesitating to use it over and over again because we have to spend equal amounts from our wallets too. That should be changed soon.  

[swogerino]

It seems we have a new little upgrade on the website. They changed the Free Roll button appearance to "Multiply BTC" whenever you are done rolling your free roll. That is a nice way to divert the users to immediately bet with the earned free sats. I have recently gone down a bit in the multiply section because I lost a lot recently. My current eligible bonus is around 6429 satoshi. I am not sure if I should use it or not. The last time I used it, I exhausted all of my balance. Though I got 1 GT in return but anyways that is not my goal yet. The current focus is only, on price predictions, FUN accumulation, and WOF accumulation.

How about other members? Have you guys used your multiplier bonus and were successful to wager the 25x amount? I am also hesitating to use it over and over again because we have to spend equal amounts from our wallets too. That should be changed soon.  

It is a couple of days that this new look of the site is on.I have never managed to get that x25 with the bonus amount plus the amount played as it is very difficult to do so with a huge house edge like 5% that Freebitco.in has.The reason people still gamble and play a lot in the multiply btc game is because they are trying to increase their chances to get more tickets for the weekly lottery and more tickets for the lambo draw while also by wagering in that game to increase the number of reward points.

I don't suggest you gamble your money unless you are 100% OK if you lose it all as that will be the most likely scenario if you play multiply btc in the Freebitco.in site,you can do so if you want to get side bonuses like the ones mentioned above.

[Mahdirakib]

You said you made 150k free rolls, but that's just impossible since freebitcoin only allows 1 free roll per hour. Even if you pressed the roll button 24 times a day, it would take you 17 years to claim free sats 150k times. It's funny because freebitcoin was only launched 10 years ago.

The user hasn't said anything about the number of accounts he has. Maybe he is claiming the hourly free faucet with at least 10 accounts. It won't take a lot of years to make 150k free rolls if someone use several accounts to claim the faucets. He had said this here a few weeks ago.

they scammed me and did not let me withdraw

Freebitco team only block the withdrawal of abusers. Either the user is a liar, or he is an abuser.

[FinneysTrueVision]

How about other members? Have you guys used your multiplier bonus and were successful to wager the 25x amount? I am also hesitating to use it over and over again because we have to spend equal amounts from our wallets too. That should be changed soon.  

I met the wagering requirements once but I think at the end my balance was still lower than what I initially had to deposit in order to claim the bonus. I didn't make a profit but at least it mitigated my losses to some extent.

Maybe now we are still in a crypto winter for most altcoins including FUN token but most likely they will come out of this crypto winter as they have always done during all the bull runs that we have witnessed so far,so I expect the same to happen in the next bull run,so we should not worry much about FUN and forget about them until the next bull run.

Maybe there's a good reason why it's still winter for many altcoins despite BTC nearly doubling in price since the start of the year. Reasons such as a lack of utility, bad tokenomics, regulatory uncertainty. Not all these reasons may apply to FUN but a loss in value of 35% in 2023 alone is significant and a lot more than waiting for a bull run is needed to make this an attractive investment.

[TheQuin]

You said you made 150k free rolls, but that's just impossible since freebitcoin only allows 1 free roll per hour. Even if you pressed the roll button 24 times a day, it would take you 17 years to claim free sats 150k times. It's funny because freebitcoin was only launched 10 years ago.

The user hasn't said anything about the number of accounts he has. Maybe he is claiming the hourly free faucet with at least 10 accounts. It won't take a lot of years to make 150k free rolls if someone use several accounts to claim the faucets. He had said this here a few weeks ago.

they scammed me and did not let me withdraw

Freebitco team only block the withdrawal of abusers. Either the user is a liar, or he is an abuser.

He is both an abuser and a liar. He got banned for multi-accounting and botting and now he's lying about us as revenge. Just ignore the failed thief.

[BayAreaCoins]

@BayAreaCoins wow that's definitely not shabby at all lol and 5000 refs is not a small amount, imagine them winning Lambo and you getting a cut (even just from ref interest!).

Also anyway I noticed a couple of days ago actually that the betting options for FUN price was a bit too good to be true, with a week til closing, and price even going 50% up would still cause you to win the 1.01x. Not bad huh.

I am not sure if the cut is given for the extra winnings as well? By extra winning I mean to say anything that is won from the freebies. If it is paid out then man, I am sure they are earning hell lot of commission on daily basis. For example, out of 5000 people there might be at least couple of hundreds who are premium members and rolling the WOF on daily basis.

Imagine the amount of commission this dude is earning from them. Are there any other members who has shared their story of referral with freebitcoin website. Because 5k refs, the commission and everything, it's just insane.

Is there a chance they might be earning 10-50K sats only daily basis just from the referral free rolls? Thats insane.

It's not that much:  https://www.blockchain.com/explorer/addresses/btc/3NxEDLbpNSvugEXpuz1kGcUm1GWcfSVdRP

Games with a lower house edge on dice and a higher affiliate commission pay much more.

I imagine most of the signups are low quality though, so I'm not bitching.