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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 523990 times)
buwaytress
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July 01, 2023, 11:14:35 AM
 #25941

Now I don't really bet much on Freebitcoin, but I did want to get a Lambo ticket just before one of the price bets expired. So I dumped 500k sats on the FUN price option. I saw that odds were extremely low at 1.01 but I also saw that there were actually quite a number of other bets on all other options, so I thought, nah you know what, I want that Lambo ticket.

Bet settled today and not even 1 sat profit haha.

I know, I know, commissions and all that but the system "estimate" probably needs to be a lot more accurate than showing 1.01 if it's not even 1.00001, don't you think? Just my heartfelt feedback Wink


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July 01, 2023, 11:21:10 AM
Last edit: July 02, 2023, 06:41:33 AM by babygun
 #25942

Now I don't really bet much on Freebitcoin, but I did want to get a Lambo ticket just before one of the price bets expired. So I dumped 500k sats on the FUN price option. I saw that odds were extremely low at 1.01 but I also saw that there were actually quite a number of other bets on all other options, so I thought, nah you know what, I want that Lambo ticket.

Bet settled today and not even 1 sat profit haha.

I know, I know, commissions and all that but the system "estimate" probably needs to be a lot more accurate than showing 1.01 if it's not even 1.00001, don't you think? Just my heartfelt feedback Wink


That's a massive bet for 0 return lol. But if the odds are advertised at 1.01, you normally would get 5,000 satoshis extra in return. I can understand the bet to get the lambo ticket and the risk was very low, but I still would never bet anymore on these low odds but that's another discussion  Wink.



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July 01, 2023, 11:36:39 AM
 #25943

I always use the bonus on the RP promo periods, so like on the last weekend it was 5RP promo, I usually just like to do portions. This time I didn't have much time so I only claimed 50k sats.

I see it as more like x50 wager though (because it is x25 of bonus claimed + your equal amount). so if I claim 50k sats I have to wager 2.5m sats or 25 mbtc.

Usually I do more like 100 mbtc wager (claiming 200k sats).

Now I still have almost 6 mbtc in bonus waiting to be claimed. Slowly but surely Smiley
That is a good strategy to play only on promo periods and using only the last 2 top prize x4 and x5 RP for every 500 satoshi wagered,the more the amount we wager the better the amount of side benefits as it is a sure thing that with that house edge we will lose all of our balance sooner or later depending on the amount of our bet.

0.006 Bitcoin to be played here in the multiply game at x4 or x5 RP means you are going to get at least x10-x20 that amount wagered and that is 0.06 to 0.12 Bitcoin in wagered amount which gives you great great benefits.
I mean if you are after a "strategy" then I agree that it is a good strategy, but at the same time if we are talking about having fun, then this sucks the fun right out of everything and I honestly hope that it doesn't get there.

I believe that you should always gamble the way you want to gamble and can have the most fun, if this is the way you will have the most fun then you should do that, but that doesn't mean that you should do it because it would be efficient and you would not have fun but you would have the highest chance of making money. That means you are doing something you do not want to do, not having fun, and probably still not making any profit as well, none of those makes any sense to me at all and should be avoided. Only valid advice if it is fun for you.

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July 01, 2023, 01:03:38 PM
 #25944

Now I don't really bet much on Freebitcoin, but I did want to get a Lambo ticket just before one of the price bets expired. So I dumped 500k sats on the FUN price option. I saw that odds were extremely low at 1.01 but I also saw that there were actually quite a number of other bets on all other options, so I thought, nah you know what, I want that Lambo ticket.

Bet settled today and not even 1 sat profit haha.

I know, I know, commissions and all that but the system "estimate" probably needs to be a lot more accurate than showing 1.01 if it's not even 1.00001, don't you think? Just my heartfelt feedback Wink


@buwaytress if my assumption is correct then you wagered at the very end and that’s where Freebitco differs from other gambling sites i.e. their time weight multiplier is kinda complicated because once I had wagered a small amount and the calculator showed me a higher amount  but after winning the amount was very less and that’s when I understood it’s a totally different concept. Furthermore I’m not complaining because it’s yet a fun way to gamble and the more early start you have the better and for next time try wagering early for higher returns.
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July 01, 2023, 07:33:08 PM
 #25945

Things at freebitco.in have changed a lot, it could be said that now Freebitco.in shines much more for not having the ZERO KYC requirement, and that is something that gives it an advantage over any casino, because the acceptance it has the platform is beastly.

This is the most superior thing about freebitcoin ZERO KYC, after running yearly whether freebitcoin has reached a decade, freebitcoin has never changed to become a casino that requires KYC, we see many casinos change and require their players to do KYC and often players are forced to do it because there are funds stored there, but because freebitcoin only has one casino game so only those who like dice will remain loyal to play here, but freebitcoin is the most consistent gambling site with its faucets because many gambling sites have finally stopped their faucet services but freebitcoin has never do it.

This is what many people have been on this Site , and they have not lost their North, After they Placed the sports bets I Thought that they were going to change everything to put Kyc, but it's great, they have always been Loyal to what They have always had, usually when we see that a casino who has a good reputation and does not demand KYC is like that treasure that is rarely there , However when in 2017 I began in the world of casinos Offered us the annual Profitability , and even in Freeebitco.In if a good Balance gives Rentable, these things + Faucet are what Make all Users a love to this casino.

Now, when we Compare with other casinos that have more games, I think that is the reason which has no requirement of KYC, the more games, the more game suppliers because the demand is greater.




I will always have a good idea of freebitco.in, since now many players have options to have enough chances to win, personally I can say that I know many strategies to multiply, but I would like to have a lot of balance to be able to apply them, when there are a very small balance is easy for it to go away, and it has nothing to do with the martingale strategy that is so well known but it is a reckless strategy, my strategies consist of using multipliers up to 7x and not stopping until I see a profit, of course I put a multiplier of 7x, I would bet 1 sats at least 10 times and there I start to increase it, it is similar to a martingale but not completely, that is why I need to apply it with a very good balance, it is dangerous, yes, but I think that these cases The risks must be taken with great measure.



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July 01, 2023, 07:56:28 PM
Last edit: July 01, 2023, 08:58:35 PM by STT
 #25946

Crypto has no official worth, there is no backing especially no guaranteed price just free market determination so its just highly informal personal attribution to a price.   It happens to be fungible so it resembles many other markets but we could be sitting here swapping marbles in theory and nobody would be arguing well we really need more paperwork on this or its not right.  

I always liked the long odds, a certain thing is boring and to me as said its not profitable.  I think if you bet a high amount maybe the site gives cashback or you might get a bonus of some kind for placing high bets ?    That might be the less obvious reason that participants have decided on those odds which dont exactly appeal on the face of it.
   I know one thing, free market determined prices and just general evolution of a product is way more exciting and fluid then the government nonsense that occurs, fixed prices, political agendas really promotes failure over enterprise and its mistakes which have been repeated decades even over centuries yet we keep doing it.  I hope BTC never gets twisted into that system, it would be a sad day.

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July 01, 2023, 08:31:15 PM
 #25947

That's a massive bet for 0 return lol. But if the odds are advertised at 1.01, you normally would get 50,000 satoshis extra in return. I can understand the bet to get the lambo ticket and the risk was very low, but I still would never bet anymore on these low odds but that's another discussion  Wink.

I knew the risk. The sats I have on this site are what I'd call "free money". Just sitting there for fun and to try get that GT just putting in a ticket or so every draw.

That's not why I made that post. My point is, the estimate is a wee bit misleading Wink

@buwaytress if my assumption is correct then you wagered at the very end and that’s where Freebitco differs from other gambling sites i.e. their time weight multiplier is kinda complicated because once I had wagered a small amount and the calculator showed me a higher amount  but after winning the amount was very less and that’s when I understood it’s a totally different concept. Furthermore I’m not complaining because it’s yet a fun way to gamble and the more early start you have the better and for next time try wagering early for higher returns.

I get it. I think I put my bet in with 6+ days to go. Even with the estimate and the time/weight multiplier (which was positive), I expected a large margin of error in the calculation. But zero sats from an estimated 5,000 sats is not even 0.02% of the estimate -- that, really, is all I'm pointing out Wink

I'm not complaining, consider this goodwill feedback.

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July 01, 2023, 08:48:05 PM
Merited by TheQuin (1)
 #25948

Now I don't really bet much on Freebitcoin, but I did want to get a Lambo ticket just before one of the price bets expired. So I dumped 500k sats on the FUN price option. I saw that odds were extremely low at 1.01 but I also saw that there were actually quite a number of other bets on all other options, so I thought, nah you know what, I want that Lambo ticket.

Bet settled today and not even 1 sat profit haha.

I know, I know, commissions and all that but the system "estimate" probably needs to be a lot more accurate than showing 1.01 if it's not even 1.00001, don't you think? Just my heartfelt feedback Wink


@buwaytress if my assumption is correct then you wagered at the very end and that’s where Freebitco differs from other gambling sites i.e. their time weight multiplier is kinda complicated because once I had wagered a small amount and the calculator showed me a higher amount  but after winning the amount was very less and that’s when I understood it’s a totally different concept. Furthermore I’m not complaining because it’s yet a fun way to gamble and the more early start you have the better and for next time try wagering early for higher returns.
It could also be because they haven't sent winnings to his account yet when he looked at it this morning. I've placed a bet on this range too and I got few winnings. Unfortunately I bet on other ranges too, so it's a losing bet on overall for me, but I didn't get 0 winnings for this range.

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July 01, 2023, 09:37:37 PM
 #25949

I've placed a bet on this range too and I got few winnings. Unfortunately I bet on other ranges too, so it's a losing bet on overall for me, but I didn't get 0 winnings for this range.


Well its around 2% of winnings for your bet there so that should be around 1.02 odds. Totally a bad bet if you ask me but considering all that lambo tickets that you got from this, its kinda worth it at some point but meh I wouldnt be betting $1800+ on 1.02 ever I guess

Kinda wondering if you actually got all that from freebitco.in?I mean if I got all that from this site then I guess losing it somehow while wagering it here wouldnt really make me feel bad about myself later on

R


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July 01, 2023, 10:23:13 PM
Last edit: July 01, 2023, 10:44:17 PM by Saint-loup
 #25950

Why do you think 1.02 or 1.01 were bad odds for this range? You were afraid to see the price going under $0 ?  Grin If odds were so small it's because most of other bettors also thought it was a risk-free bet. And I think we were right since the winning outcome has been this one at the end. 2% or 1% in few weeks, which safe investment gives you that?
Unfortunately I had placed a bet on an upper range, with a smaller amount though, that's what I regret even if it would have covered me, not to have bet on this range with such odds.

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July 01, 2023, 11:30:28 PM
 #25951

Why do you think 1.02 or 1.01 were bad odds for this range? You were afraid to see the price going under $0 ?  Grin If odds were so small it's because most of other bettors also thought it was a risk-free bet. And I think we were right since the winning outcome has been this one at the end. 2% or 1% in few weeks, which safe investment gives you that?

Well in this case since you get lambo tickets, then its just decent I guess but without it I think its bad. You need to win 50 times @1.02 odds to get double amount of the stake that you used to bet and you lose all of it if shit happens. Well in most case scenario, its pretty rare for shit to happens in 1.01 or 1.02 odds bet but its gambling though, shit always happens when you least expected it

R


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July 02, 2023, 01:18:14 AM
Merited by buwaytress (1)
 #25952

Now I don't really bet much on Freebitcoin, but I did want to get a Lambo ticket just before one of the price bets expired. So I dumped 500k sats on the FUN price option. I saw that odds were extremely low at 1.01 but I also saw that there were actually quite a number of other bets on all other options, so I thought, nah you know what, I want that Lambo ticket.

Bet settled today and not even 1 sat profit haha.

I know, I know, commissions and all that but the system "estimate" probably needs to be a lot more accurate than showing 1.01 if it's not even 1.00001, don't you think? Just my heartfelt feedback Wink


It takes some time for the payout script to run and then the cache needs to update again to show your winnings. I think you looked at that after it was marked as paid out but before your payout was reflected.

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July 02, 2023, 06:20:10 AM
 #25953

Why do you think 1.02 or 1.01 were bad odds for this range? You were afraid to see the price going under $0 ?  Grin If odds were so small it's because most of other bettors also thought it was a risk-free bet. And I think we were right since the winning outcome has been this one at the end. 2% or 1% in few weeks, which safe investment gives you that?

Well in this case since you get lambo tickets, then its just decent I guess but without it I think its bad. You need to win 50 times @1.02 odds to get double amount of the stake that you used to bet and you lose all of it if shit happens. Well in most case scenario, its pretty rare for shit to happens in 1.01 or 1.02 odds bet but its gambling though, shit always happens when you least expected it
If you bet with little money, maybe 1.01 or 1.02, you won't get satisfactory results, that's why it should be with big money, you can get enough results, but with a high level of risk, although in the end you rarely find failure, but this has been discussed in this forum. also about betting Odss 1.01 or 1.02 where people bet for 1 million dollars on sports and then lose.

Broadly speaking, it is unlikely that there will be a drastic downward price movement on FUN tokens, but all possibilities can happen if in the end there is such a surprise. For me personally, of course, I will avoid this kind of bet with small odds because I am a small gambler who bets with small money but prefer higher Odds on betting predictions. Even if you lose, there's no problem because I understand part of the risk and let's just say I haven't been lucky.

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July 02, 2023, 02:13:08 PM
 #25954

If you bet with little money, maybe 1.01 or 1.02, you won't get satisfactory results, that's why it should be with big money, you can get enough results, but with a high level of risk, although in the end you rarely find failure, but this has been discussed in this forum. also about betting Odss 1.01 or 1.02 where people bet for 1 million dollars on sports and then lose.

Broadly speaking, it is unlikely that there will be a drastic downward price movement on FUN tokens, but all possibilities can happen if in the end there is such a surprise. For me personally, of course, I will avoid this kind of bet with small odds because I am a small gambler who bets with small money but prefer higher Odds on betting predictions. Even if you lose, there's no problem because I understand part of the risk and let's just say I haven't been lucky.
I agree with you, betting on small odds without large amounts don't give interesting winnings usually, especially if you have to take into account external costs like transaction fees for sending the funds and withdrawal fees for withdrawing your winnings if your bet wins. And if you try to check what the Kelly criterion strategy would recommend for those odds, the amounts are usually so scary that even high rollers advise against following it for such bets. So usually, I avoid this kind of odds but this time I don't why, I was really confident in the result.

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July 02, 2023, 06:48:35 PM
 #25955

It takes some time for the payout script to run and then the cache needs to update again to show your winnings. I think you looked at that after it was marked as paid out but before your payout was reflected.

And so it did, indeed. Thank you for taking the time to explain that. I'd checked probably in the same hour and cache needed updating -- it now shows the winnings -- proving that the estimate was actually correct.

Not much to shout about, but the Golden Ticket was all that I was after so I'm golden Wink

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July 03, 2023, 11:29:53 AM
 #25956

I mean if you are after a "strategy" then I agree that it is a good strategy, but at the same time if we are talking about having fun, then this sucks the fun right out of everything and I honestly hope that it doesn't get there.

I believe that you should always gamble the way you want to gamble and can have the most fun, if this is the way you will have the most fun then you should do that, but that doesn't mean that you should do it because it would be efficient and you would not have fun but you would have the highest chance of making money. That means you are doing something you do not want to do, not having fun, and probably still not making any profit as well, none of those makes any sense to me at all and should be avoided. Only valid advice if it is fun for you.

Well you obviously weren't paying attention to all our posts from before then if you think we were talking about "having fun" lol. I mean, it goes without saying, you're gambling for entertainment and if you think you're trying to make it big, you're delusional.

But there's nothing wrong with us all talking about FUN tokens, and wagering requirements all to squeeze out the best we can from a high HE.

In fact I find it fun to be as efficient as possible, it's kinda cool to figure out all these things.

Instead of making a rather longwinded post saying the same thing over and over about fun, why not actually contribute to the FBC strategies? Wink

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July 03, 2023, 12:30:09 PM
 #25957

It takes some time for the payout script to run and then the cache needs to update again to show your winnings. I think you looked at that after it was marked as paid out but before your payout was reflected.

And so it did, indeed. Thank you for taking the time to explain that. I'd checked probably in the same hour and cache needed updating -- it now shows the winnings -- proving that the estimate was actually correct.

Not much to shout about, but the Golden Ticket was all that I was after so I'm golden Wink

I'm glad to see that you didn't lose your 500k sats and got a Golden Ticket. In 100 days we'll see how it turned out for you, but like everyone with a ticket you have a chance of winning that Lambo, and I personally think it would be great if you win with just one Golden Ticket. We all know that you can win, but would be nice to see it in reality. Smiley

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July 03, 2023, 05:14:08 PM
 #25958

If you bet with little money, maybe 1.01 or 1.02, you won't get satisfactory results, that's why it should be with big money, you can get enough results, but with a high level of risk, although in the end you rarely find failure, but this has been discussed in this forum. also about betting Odss 1.01 or 1.02 where people bet for 1 million dollars on sports and then lose.

Broadly speaking, it is unlikely that there will be a drastic downward price movement on FUN tokens, but all possibilities can happen if in the end there is such a surprise. For me personally, of course, I will avoid this kind of bet with small odds because I am a small gambler who bets with small money but prefer higher Odds on betting predictions. Even if you lose, there's no problem because I understand part of the risk and let's just say I haven't been lucky.
I do not think that betting on 1.01 or so bets is "wrong" in the sense that no bet is wrong or right, a bet for 7.00 is not any more right than 1.01 one. You may gamble 10000 times and never lose a single 1.01 one, or you may lose the first one, you may gamble on 7.00 and lose 100 times in a row or win the first one.

There is no set clear thing for this and you need to realize that gambling is a risky thing and the result is not know and no matter shape or form you gamble, it will always end up with house winning. You may get a few wins here and there, you may have good days, or even weeks, but eventually you will end up with a loss for sure. I think it is quite important to focus on how to make it bigger and better, that should be the case for you all the time.

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July 03, 2023, 08:33:35 PM
 #25959

Today the price of FUN tokens has increased by about 33%, this is a fairly large increase and almost rarely happens, in USD value FUN is worth $ 0.00685. The graphic shows that it touched a price higher than that price and in satoshi value the current selling price is 20 Satoshi. those who have accumulated FUN tokens when the price was around 15 satoshi and those who have not locked it for a long time will probably sell their investment because it is very tempting but those who are still in locking mode should be patient and hope that it will continue to rise, the current increase in price may not last long and will come back down, but I hope that at least the price can touch $0.01, and I think that price is quite realistic compared to waiting for the price to reach $0.05 or $0.1.

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July 03, 2023, 09:13:51 PM
 #25960

Why is the gradient on the graph like vertical, an event has changed price some ?   Or is it just a large buyer,  I think lowest I saw was 14 sats but it does kinda figure with BTC now just sideways rather then trending up this allows space for FUN or other prices to adjust upwards some ?   I think thats how it works, glad I did the tier upgrade at the lower prices; mostly anyhow as I did buy on scale some.
  This shows the price variance vs the betting odds was kinda risky after all, I would expect gains more gradual but if its cheap this can happen.

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