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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 522380 times)
Strongkored
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November 24, 2023, 05:41:01 AM
 #27061

Not that long ago the spins reward was fairly near to the max, thats why I used them up because I figured that was fairly good going and BTC was due to recover upwards.
Spinning the wheel of fortune when the based rewards are at the highest amount is the most appropriate choice because when spinning it now we will lose around 20 RP/Satoshi for based rewards, and at this time it is the right thing to save our WoF to wait for Bitcoin to fall again but I I'm not sure it will happen in the near future where the base reward returns to 50 Satoshis/RP, and I would prefer the price of Bitcoin to rise even though it would reduce the base reward of of because seeing our portfolio increase would be more fun.

Even though FUN token price melted down and my investment went to almost 1/3 of its initial value (in BTC), I'm still making above 1% monthly profit (also in BTC), which gives a margin of at least 12% yearly, much superior to any investments offered by local banks and fiat deals in general.

It has been a sustainable source of income and the secret is to take advantage of the extra Bitcoin interest which is paid daily, reaching to 5.10% yearly. I lost count of my daily income progress, because the history doesn't register data from older periods of time, but after one and a half year of investment, I guess I have already made 25% ROI, that is calculated over the initial investment of 0.14611140 BTC which were used to acquire 487,038 FUN.
Patience is the key to being able to enjoy our investment, but I don't really know whether our patience waiting for the FUN token to rise in price will pay off well because at least for now it hasn't shown anything good, maybe in two years it will be very important for the price movement of FUN because of the predictions it will be a bullish period.

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November 24, 2023, 09:23:04 AM
 #27062


It all comes down to luck. It has been a while since I have won one of the bigger prizes of the wheel but it can quickly change. I had a good period some months ago where I won 2 times 3000 RP and satoshi in 3 days time.
Yes, it's true how many WOFs you have, I don't think it's guaranteed that you'll get a big prize, let alone the main prize, I know that only lucky people get it and that's why I'd rather spin it every day than collect as much as possible and then When spun on a certain day, not all of them will produce the main prize and big prizes because whatever it is, it still depends on luck and the prize may not be as big as expected.

Sometimes every day by spinning WOF I often get a prize of 3k satoshi and a gold ticket, that's why there is no difference between collecting WOF and spinning WOF every day because it's the same as everyone hoping for luck. but even so, it all depends on each person's point of view. we can only rely on luck to win.

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November 24, 2023, 10:42:04 AM
 #27063

I guess freebitco.in is being generous these days.
The game on freebitco is provably fair, the winning chances of different prizes are known and the result is determined completely randomly.
If a user has won bigger prizes recently, it means that the user has been more lucky. It doesn't mean freebitco has been more generous.
Freebitco is well known for her provably fair gaming system as a casino with prizes randomly won based on gambler's luck, that being said, from I grasp concerning the generosity @Pawanjain is talking of is how out of their own  volition  they (Freebitco) constantly  throw out different prizes for lucky users to randomly win. A habit in my own lens I view as something that gives the community a feeling of a sense of belonging.

When I said freebitco.in is being more generous I didn't mean that there's something wrong with their provably fair algorithm.
I am saying this because when WoF first started the number of times we would get high rewards were more.
I would get the high reward almost every alternative week but later it decreased by time.
The number of times we get high rewards were very low till now but these days we are getting medium to high rewards more often than earlier.
I don't know about others but I got some nice rewards lately and so I said the may be freebitco.in is being more generous these days.
Well, congratulations to you mate, but I honestly do not see anyhow FreeBitco has been any generous, just count yourself lucky.
For all my spins, both the earned ones and ones I get for free every day, I have won nothing other than either 30 satoshis or 30 reward points, it's sometimes really disappointing but I just I've not just stepped into my lucky season yet.

What I am currently hoping for, and it would be a dream come true if it happens, is to win the first position in the lottery, second or third position won't be so bad, but I have my eyes on nothing but the very best prize, atleast, as a Christmas gift  Grin.

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November 24, 2023, 11:12:35 AM
 #27064

[Win A Lambo Round 10] Drive Closer to Your Dream!🔥

Rev up your chance to own a Lamborghini with just One Lucky Ticket!

Here's how to boost your odds:

1. Wager on Multiply BTC/Betting and earn 1 Golden Ticket for every 0.005 BTC wagered.
2. Alternatively, you can purchase Golden Tickets for 0.00025 BTC each.
3. With every promotional email from FreeBitco.in, you get a Free Spin for Wheel of Fortune. Furthermore, as a Premium Member, you earn up to 16 Free Spins every day. You can win up to 50 Free Golden Tickets by playing the Wheel of Fortune.




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November 24, 2023, 11:46:49 AM
 #27065

Well, congratulations to you mate, but I honestly do not see anyhow FreeBitco has been any generous, just count yourself lucky.
For all my spins, both the earned ones and ones I get for free every day, I have won nothing other than either 30 satoshis or 30 reward points, it's sometimes really disappointing but I just I've not just stepped into my lucky season yet.

What I am currently hoping for, and it would be a dream come true if it happens, is to win the first position in the lottery, second or third position won't be so bad, but I have my eyes on nothing but the very best prize, atleast, as a Christmas gift  Grin.
Several years have passed since they introduced WoF, and I can't remember if it was before the pandemic or if it already existed back then. I remember setting a timer just to remind myself to claim from the faucet, and I never missed any free spins in my email. But now, I rarely do it, only when I feel like it. I still get some free lottery tickets from the free spins, but I've never won, and it's considered lucky if you get a Golden ticket in WoF. I rely on converting Reward Points, and if I'm not mistaken, I've already converted 100K RP twice. Of course, you need partners in collecting, your referrals.

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November 24, 2023, 02:03:19 PM
 #27066

Patience is the key to being able to enjoy our investment, but I don't really know whether our patience waiting for the FUN token to rise in price will pay off well because at least for now it hasn't shown anything good, maybe in two years it will be very important for the price movement of FUN because of the predictions it will be a bullish period.
I fear the price won't rise anymore like it did in the past. The supply is just too high and there isn't a growing demand from investors to justify a potential increasement in price. Investors relying on FUN price to rise in order to profit from their investments must be in a very bad situation, while there is still a chance for those investors who take part in premium program in partnership with freebitco.in.

Anyway, it takes a long time until ROI... By my calculations, about 8 years, considering a margin a little above 12% interest yearly. On the other hand, for big BTC investors it must take less. The more Bitcoins you have in your balance, the faster you hit ROI.

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November 24, 2023, 06:49:46 PM
 #27067

Even though FUN token price melted down and my investment went to almost 1/3 of its initial value (in BTC), I'm still making above 1% monthly profit (also in BTC), which gives a margin of at least 12% yearly, much superior to any investments offered by local banks and fiat deals in general.

It has been a sustainable source of income and the secret is to take advantage of the extra Bitcoin interest which is paid daily, reaching to 5.10% yearly. I lost count of my daily income progress, because the history doesn't register data from older periods of time, but after one and a half year of investment, I guess I have already made 25% ROI, that is calculated over the initial investment of 0.14611140 BTC which were used to acquire 487,038 FUN.
It's bad that Freebitco.in on personal stats page don't display what we got from WoF in total. It would be interesting to know how much exactly I received through WoF spins and how much % ROI I reached through it. When I bought FUN tokens I really didn't counted on that FUN token price will skyrocket one day, I was more thinking about Premium membership benefits.
I can try to make quick maths, (very estimate). Let's say I bought 8800 FUN tokens for about 0.00574 BTC what is $216 now. After that I got 5% cashback, which 0.000287 BTC. And then I was getting 6 WOF spins for more than 2 years. By just getting 30 Satoshi from each spin for 2 years, there is already 0.0013 BTC or $50. But we should count that WoF rewards in past were higher like 50 satoshi and there is higher tier rewards like 500 or 5000 Satoshi and there is actually longer period than 2 years since I bought FUN tokens. So, I suppose, that I got somehwere $70 through WoF spins, what is 30% from my initial investment.
I'm really bad at maths and I hope that I didn't f*cked up with my calculations Cheesy.

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November 24, 2023, 08:10:33 PM
 #27068

Patience is the key to being able to enjoy our investment, but I don't really know whether our patience waiting for the FUN token to rise in price will pay off well because at least for now it hasn't shown anything good, maybe in two years it will be very important for the price movement of FUN because of the predictions it will be a bullish period.
I fear the price won't rise anymore like it did in the past. The supply is just too high and there isn't a growing demand from investors to justify a potential increasement in price. Investors relying on FUN price to rise in order to profit from their investments must be in a very bad situation, while there is still a chance for those investors who take part in premium program in partnership with freebitco.in.

Majority of altcoins are pumping bit by bit, and I must say that it must be very frustrating to those who hold a large amount of Fun token and waiting for the price to go up like the rest of the altcoins in the market, I was actually going to buy more of this to hold for the bull run coming, but after seeing the chart, I completely changed my mind and bought something else, and I am already in profit of about $12 on the altcoin I bought.

I honestly fear that Fun token may not do well in the coming bull run if the team does not do anything to spark investors interests on the token, the team must do something to bring the spotlight on Fun token again, this the only way we might begin to see it's move upwards as the market move up.

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November 25, 2023, 04:12:24 AM
 #27069

Majority of altcoins are pumping bit by bit, and I must say that it must be very frustrating to those who hold a large amount of Fun token and waiting for the price to go up like the rest of the altcoins in the market, I was actually going to buy more of this to hold for the bull run coming, but after seeing the chart, I completely changed my mind and bought something else, and I am already in profit of about $12 on the altcoin I bought.

I honestly fear that Fun token may not do well in the coming bull run if the team does not do anything to spark investors interests on the token, the team must do something to bring the spotlight on Fun token again, this the only way we might begin to see it's move upwards as the market move up.
Investment is a long term activity and speculation is a short term activity. They are very different activities in this market and with a long term investment in $FUN token, it is right to calm down and keep up your patience in mean time for the token growth. You don't have problems to hold your current token, accumulate more token, and wait months to see the token growth together with a big bull market next year and next two years.

In April 2024, Bitcoin will have a halving and history shows with each Bitcoin halving, Bitcoin has its big bull run cycle and it also leads the cryptocurrency market to a new market bull run cycle.

Counting down time till April 2024 halving.
https://www.bitcoinblockhalf.com/

There is an ecosystem around the $FUN token https://funtoken.io/fun-tokens-ecosystem/

R


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November 25, 2023, 04:18:23 AM
 #27070

Anyway, it takes a long time until ROI... By my calculations, about 8 years, considering a margin a little above 12% interest yearly. On the other hand, for big BTC investors it must take less. The more Bitcoins you have in your balance, the faster you hit ROI.
8 years to achieve ROI from our investment is certainly not a pleasant thing for investors, but certainly, many investors are reluctant to cut losses because they consider other things that can be obtained from freebitcoin such as daily wof and also what you do by saving Bitcoin here to earn interest daily and will get additional interest due to premium membership.
I have sold more than 50% of my fun token ownership and currently only get 4 wof every day, I haven't thought about selling the rest because I hope to get greater benefits from wof.

It's bad that Freebitco.in on personal stats page don't display what we got from WoF in total. It would be interesting to know how much exactly I received through WoF spins and how much % ROI I reached through it. When I bought FUN tokens I really didn't counted on that FUN token price will skyrocket one day, I was more thinking about Premium membership benefits.
Maybe freebitcoin could consider adding a feature like that or stats which would really help investors so they can see how much benefit they get from premium membership, but it's certainly not an easy job for this casino developer. I once recorded it manually but it was quite tedious.

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November 25, 2023, 06:19:18 AM
 #27071

I honestly fear that Fun token may not do well in the coming bull run if the team does not do anything to spark investors interests on the token, the team must do something to bring the spotlight on Fun token again, this the only way we might begin to see it's move upwards as the market move up.
I don't really see any progress on the project but I think they probably have their own roadmap, I don't see more projects because I'm too busy with saving some of the FUN I get from freebitcoin, Btw I think a lot of altcoin projects don't do any development but when they do Entering a bull market they still get attention from investors and traders making the price rise.

Seeing the gradual increase of all altcoins including FUN I think is quite good, it's just that if there are additional new breakthroughs for example supporting development on the FUN token I think it would be even better, at least seeing the bullish market really coming so that all projects will compete to release and carry out development on their projects including FUN.

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November 25, 2023, 08:32:11 AM
 #27072

For reaching tier 2 you would have to wager 0.005 BTC. If you make many bets to reach this amount then you will likely end up losing an amount that corresponds to the house edge which is about 0.00025, which isn't too devastating. If you only make a few bets the results can be more volatile but if you use a low multiplier then you are more likely to have a positive result. The only time I've gone for the flash promo bonus I made fewer than 10 bets with a 1.01 multiplier and won all of them.

Ah, I almost forgot that 1.01 multiplier counts.

I'll keep that in mind the next time the promo rolls around again. Thanks!

1.01x is a dangerous multiplier, in my opinion. At least it's like that for me. Normally I lose definitely more than once during a hundred bets, and it's a stressful loss that you don't expect. I've noticed that betting with 47.50% win chance is more entertaining and it gives you the same result regarding wagering in the long run.

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November 25, 2023, 10:35:44 AM
 #27073

Thanks for the link, somehow I didn't saw table with exact numbers after they decreased chances to win something. And damn, these changes is very significant and nothing surprising that getting something significant is very rare thing.
Back when they introduced WOF these high rewards were so attractive, but as usual, good things doesn't lasts long.
The cost of becoming a premium member is something like 90% cheaper than it was at the start due to the price of FUN Token going down. Keeping the odds so high would not have been sustainable because of the high ROI you could make on a small investment. Even though these adjustments made it more difficult for older member to recover the losses on their investment it was likely a necessary change for the long-term viability of the program.
I do believe that getting FUN token right now, when it's this cheap, to get all the benefits that you could get from them is a huge plus, there are really a lot of people who would be able to do is greater deal.

I think it should be important to note that we are talking about a situation that has to be a little bit different, I understand that we are not going to end up with anything that would be all that shocking, we just need to make sure that we are going to end up with a situation that has to be a little bit like "this is all the money I have" situation would be dangerous. I believe that it would be smart to invest just a portion of your money into this, not going to end up with anything at all so you should have some aside as well.

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November 25, 2023, 11:06:54 AM
 #27074

1.01x is a dangerous multiplier, in my opinion. At least it's like that for me. Normally I lose definitely more than once during a hundred bets, and it's a stressful loss that you don't expect. I've noticed that betting with 47.50% win chance is more entertaining and it gives you the same result regarding wagering in the long run.
On 1.01x people tend to bet with a bigger bet amount to maximize the return from that bet. But it is not immune to busting all of a sudden while on roll over the autobet. The wrong roll makes the entire balance go down the drain and hence I dont recommend playing with such multipliers. Rather 5x or 3x with a fixed amount every bet seems better.

In either of these, loss is imminent because eventually the house edge catches up. Even then the game is EV- and that should be understood first by any player before rolling.

R


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November 25, 2023, 12:10:54 PM
 #27075

Well, congratulations to you mate, but I honestly do not see anyhow FreeBitco has been any generous, just count yourself lucky.
For all my spins, both the earned ones and ones I get for free every day, I have won nothing other than either 30 satoshis or 30 reward points, it's sometimes really disappointing but I just I've not just stepped into my lucky season yet.

What I am currently hoping for, and it would be a dream come true if it happens, is to win the first position in the lottery, second or third position won't be so bad, but I have my eyes on nothing but the very best prize, atleast, as a Christmas gift  Grin.

I will only count myself lucky if I win the GT round  Grin I know I am being more greedy here but who doesn't want to win the GT round.
May be you are right and I guess it's my time to win some nice rewards and I hope the time keeps extending.
Afterall, I still have to make even with my investment in the FUN tokens.

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November 25, 2023, 03:32:28 PM
 #27076

Unless your fiat are Venezuelan Bolivares or Argentinian Pesos, I assume your local currency does not perform as bad as FUN.
No, but it does perform worse than BTC, and the key point of this investment is making profit in BTC, through premium program which requires a determined amount of FUN to be held. FUN is just the mean, not the final goal. Bitcoin is.

So, subtracting what you get from the WOF spins from the interest you won't be receiving, we have: 0.003283 - 0.001947 = 0.001336 BTC (~50 USD). So, you would need to make up that much BTC per year from the extra 1.1725% you get as a bonus. Doing the math, we get: 0.001336 / 0.011725 = 0.1139445629 BTC.

If you have at least that in your balance, then yes, purchasing the membership is a solid investment. If you do not, then you are losing money, at least in the short term. And, we have not taken into account how crappy FUN token is and the crash it has had... neither if you bought the tokens/membership when FUN was more expensive.
The investment is worthful if you aim to have a big BTC balance size to make extra daily interest. If you don't have, it's suggested to stick to maximum 12,500 FUN tokens investment tier, which is the best cost-benefit among every alternatives.

Sure, you may win a lottery prize or hit a bigger prize at times, but given the low odds, that is not likely to have a significant impact. I also assumed you get the 16 spins and the full bonus from day 0, which is not the case (but after the second year you get the full benefits, so it is not that much of a big deal either). As a longer term strategy it may work, but you will have to trust Freebitco not changing the conditions of the program and cross your fingers that nothing bad (or shady) happens to the site.
The investment reaches its full potential after the first year. I took the risk, because the site is alive and legit since 2013, plus making a solid and sustainable income offering betting services to customers. But indeed, the risk is always there...

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November 25, 2023, 03:32:58 PM
 #27077

That BTC at the base 4.69% interest rate would have produced 0.003283 BTC (~124.1 USD at current rates) in a year.
The annual interest rate is 4.08%.

In exchange, you get 16*365=5840 WOF spins + 1.1725% more of annual interest per year.
This is assuming you have hold your tokens for at least 365 days.
If you purchase 500,000 FUN tokens, you would get 5230 WOF spins in the first year and 5840 WOF spins in the next years.



1.01x is a dangerous multiplier, in my opinion. At least it's like that for me. Normally I lose definitely more than once during a hundred bets, and it's a stressful loss that you don't expect.
That's normal.
The probability of winning in a game with multiplier of 1.01 is 94.06% and it's expected that you lose 5.96 times in every 100 bets on average.

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November 25, 2023, 05:39:42 PM
 #27078

That BTC at the base 4.69% interest rate would have produced 0.003283 BTC (~124.1 USD at current rates) in a year.
The annual interest rate is 4.08%.

In exchange, you get 16*365=5840 WOF spins + 1.1725% more of annual interest per year.
This is assuming you have hold your tokens for at least 365 days.
If you purchase 500,000 FUN tokens, you would get 5230 WOF spins in the first year and 5840 WOF spins in the next years.

1.01x is a dangerous multiplier, in my opinion. At least it's like that for me. Normally I lose definitely more than once during a hundred bets, and it's a stressful loss that you don't expect.
That's normal.
The probability of winning in a game with multiplier of 1.01 is 94.06% and it's expected that you lose 5.96 times in every 100 bets on average.

Yeah, those numbers. I think I need to get started with more FUN savings before next year starts. I am still stuck at some 22K FUNs but I am not buying them in bulk. I am trying to do some sort of compounding in which whatever I am earning on the freebitcoin with current staking, plus free rolls, bets, multiplier, everything is going in the FUN purchases. On top of this, I also got my 160k RP last year that I used to convert into sats and then later purchased FUN with it. Thats how I am going all in with the freebitcoin.

Though I am losing lot of funds on the multiplier and betting I am trying to keep up the pace of buying more FUN with the time. I believe I am still not close to Break Even Point in terms of profitability. However, it's all about time, the more FUN I keep staking, the more I will receive more gains. So I would also suggest HODL.
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November 25, 2023, 06:09:05 PM
 #27079

From accumulating WOF spins I have also noticed that lottery tickets are a bit more common in practice, though not sure if it has been mere bad luck the 3~4 times I have exchanged batches of WOF spins (500~1000 at a time).
The chances of winning 50 reward points, 50 satoshi and 50 lottery tickets prizes are each 32.93%.
The chances of winning 500 reward points and 500 satoshi prizes are each 0.2%, but the chance of winning 500 lottery tickets is 0.3%.
The chances of winning 5000 reward points and 5000 satoshi prizes are each 0.1%, but the chance of winning 5000 lottery tickets is 0.2%.

Therefore, it's expected to win more lottery tickets than reward points and satoshis.

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November 25, 2023, 06:42:08 PM
 #27080

I honestly fear that Fun token may not do well in the coming bull run if the team does not do anything to spark investors interests on the token, the team must do something to bring the spotlight on Fun token again, this the only way we might begin to see it's move upwards as the market move up.
Honestly, I wonder whether it's good for Freebitco if FUN token rises or not. If freebitco does nothing but FUN token's price starts increasing because of Bitcoin's bull run, then there is a chance that early investors of FUN token will sell it ASAP to get their invested money back because they lost up to 90% because of FUN token's price fall. I think that Freebitco should do something revolutionary to push the price of FUN and sow the positive feelings among people.


To be honest, tokens offered by casinos should be appreciated because of their positive impact on gambling experience, i.e. the benefits they provide daily to gamblers. If someone starts investing in casino's token with the aim and hope of getting a huge interest from stacking, is not really making the right choice. Just my personal opinion.

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