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Author Topic: freebitco.in - is it even worth it?  (Read 94081 times)
tomos81
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October 16, 2016, 06:19:26 PM
 #721

i use this sometimes http://bitcoinfaucetrelay.com/bitcoin-faucet-hack it works 70% of the time

hi i made a simple simulation app and followed the rules of link, where i measured maximum losing streak.. the results are intreresting (made 1 billion of simulations ten times):

- maximum "low" streak: 21
- maximum "high" streak: 19
- invested virtual 1.000.000 satoshis and i bankrupted (because 19 losing streak in 1 satoshi base bet ruined me)

BUT:
i changed the "always hi" / "always lo" to "alternate", the results are surprising:
maximum losing streak was 16
it means, with 1.000.000 satoshis you can make some profit - all day auto betting = around 65.000 satoshi profit

but it can happen, the luck will be very bad for you and you will hit some extreme losing streak


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Victorycoin
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October 16, 2016, 08:12:35 PM
 #722

Of course it is one of the best faucets ever. Here is my reason why I love it so much and will continue doing so.



First claim this morning and BOOM!! Took my breath away to be honest.

Thanks for the 200$ admin.

wow amazing better than hitting 9900x on primedice Smiley

Well PrimeDice is about gambling and I dont like gambling. I prefer to collect the faucets and grow my stash of bitcoin and this one will be one big addition to it now Cheesy

And it did take me 3 months to get the first 10k roll on this site. I have to admit I was lucky.
Most people gambling at this site stands not half a chance of coming out of this site with as much, so your approach is surely the best - gather the faucet and cashout, no need  trying to multiply anything, the odds are terrible

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October 16, 2016, 10:51:55 PM
 #723

~snip~

wow amazing better than hitting 9900x on primedice Smiley
Hui was hit 9900x with around 0.002 btc in a bet(that bet won around 20 btc), still wanna say it's better than 9900x?

Quote
Well PrimeDice is about gambling and I dont like gambling. I prefer to collect the faucets and grow my stash of bitcoin and this one will be one big addition to it now Cheesy

And it did take me 3 months to get the first 10k roll on this site. I have to admit I was lucky.
Good plan there, but it's took long time for increase your money without gambling.
Hitting that only in 3 months is very LUCKY, you'll see many people who already playing faucet for a long time and still never hit that the highest number, Congratulation






.


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October 18, 2016, 05:20:54 PM
 #724

Hello guys those who are wondering if I really won 0.3 btc or I am bluffing, here you go - my user/referral ID = 2715691

wetsuit can now confirm that I won the amount this morning.

Also if anyone wants to join as my referral use the referral id to sign up, I always cashback 50% of referral commission to my active referrals via the Auto-Share feature third option.

I can confirm that user id 2715691 did roll 10,000 and win $200. Congratulations again!
I have to say that he is really very lucky,one in millions i would say have won that award because since years i have not heard any one winning that maximum amount of 200USD.I would say the user must use in worthly and not to even try to gamble with those winning amount.use them wisely.
mrcash02
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October 18, 2016, 08:55:13 PM
 #725

Hello guys those who are wondering if I really won 0.3 btc or I am bluffing, here you go - my user/referral ID = 2715691

wetsuit can now confirm that I won the amount this morning.

Also if anyone wants to join as my referral use the referral id to sign up, I always cashback 50% of referral commission to my active referrals via the Auto-Share feature third option.

I can confirm that user id 2715691 did roll 10,000 and win $200. Congratulations again!
I have to say that he is really very lucky,one in millions i would say have won that award because since years i have not heard any one winning that maximum amount of 200USD.I would say the user must use in worthly and not to even try to gamble with those winning amount.use them wisely.

Yeah, I saw it on another section, this guy was really very lucky. I never saw someone earning it before. Big prize. On the other hand the faucet site had a big loss with it...

Anyway, many bitcoin enthusiasts will see this guy that earned $200 and surely they will try their luck also on freebitco.in, it will boost the faucet site with more users for sure.
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October 18, 2016, 10:16:32 PM
 #726

Hello guys those who are wondering if I really won 0.3 btc or I am bluffing, here you go - my user/referral ID = 2715691

wetsuit can now confirm that I won the amount this morning.

Also if anyone wants to join as my referral use the referral id to sign up, I always cashback 50% of referral commission to my active referrals via the Auto-Share feature third option.

I can confirm that user id 2715691 did roll 10,000 and win $200. Congratulations again!
I have to say that he is really very lucky,one in millions i would say have won that award because since years i have not heard any one winning that maximum amount of 200USD.I would say the user must use in worthly and not to even try to gamble with those winning amount.use them wisely.

Yeah, I saw it on another section, this guy was really very lucky. I never saw someone earning it before. Big prize. On the other hand the faucet site had a big loss with it...

Anyway, many bitcoin enthusiasts will see this guy that earned $200 and surely they will try their luck also on freebitco.in, it will boost the faucet site with more users for sure.

Agreed. But I doubt that the faucet is hurting from this one win. If you think about it, this faucet's sustainability is pretty amazing. You can claim your earnings and let it sit in an account until you're ready to withdraw, or you can use your earnings to try and multiply your earnings. I know of a few users who also use the multiplier as a full-on dice site, which means they actually deposit their own bitcoin into the site, and not just use their earnings. Statistically, the site will win from the dice side of it, which keeps the earnings within the site, rather than paying out all the time to users. Brilliant.

wetsuit, how many times has the 10000 roll in the faucet been hit since you launched? I'd say a couple times now, amiright?

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October 19, 2016, 02:35:48 PM
 #727

Hello guys those who are wondering if I really won 0.3 btc or I am bluffing, here you go - my user/referral ID = 2715691

wetsuit can now confirm that I won the amount this morning.

Also if anyone wants to join as my referral use the referral id to sign up, I always cashback 50% of referral commission to my active referrals via the Auto-Share feature third option.

I can confirm that user id 2715691 did roll 10,000 and win $200. Congratulations again!
I have to say that he is really very lucky,one in millions i would say have won that award because since years i have not heard any one winning that maximum amount of 200USD.I would say the user must use in worthly and not to even try to gamble with those winning amount.use them wisely.

Yeah, I saw it on another section, this guy was really very lucky. I never saw someone earning it before. Big prize. On the other hand the faucet site had a big loss with it...

Anyway, many bitcoin enthusiasts will see this guy that earned $200 and surely they will try their luck also on freebitco.in, it will boost the faucet site with more users for sure.

Agreed. But I doubt that the faucet is hurting from this one win. If you think about it, this faucet's sustainability is pretty amazing. You can claim your earnings and let it sit in an account until you're ready to withdraw, or you can use your earnings to try and multiply your earnings. I know of a few users who also use the multiplier as a full-on dice site, which means they actually deposit their own bitcoin into the site, and not just use their earnings. Statistically, the site will win from the dice side of it, which keeps the earnings within the site, rather than paying out all the time to users. Brilliant.

wetsuit, how many times has the 10000 roll in the faucet been hit since you launched? I'd say a couple times now, amiright?

Quite a few more than that, we currently pay around 5 BTC a day just for free rolls and free roll commissions.

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December 12, 2016, 09:30:58 PM
 #728

i use this sometimes http://bitcoinfaucetrelay.com/bitcoin-faucet-hack it works 70% of the time

hi i made a simple simulation app and followed the rules of link, where i measured maximum losing streak.. the results are intreresting (made 1 billion of simulations ten times):

- maximum "low" streak: 21
- maximum "high" streak: 19
- invested virtual 1.000.000 satoshis and i bankrupted (because 19 losing streak in 1 satoshi base bet ruined me)

BUT:
i changed the "always hi" / "always lo" to "alternate", the results are surprising:
maximum losing streak was 16
it means, with 1.000.000 satoshis you can make some profit - all day auto betting = around 65.000 satoshi profit

but it can happen, the luck will be very bad for you and you will hit some extreme losing streak



Hey,

would you mind sharing what your exact parameters were and what kind of app/model you used?

I have been crunching some numbers for myself but it always turns out bad for someone.
For example:  you start with the minimum bet of 1 Satoshi at a payout rate of 2, the probability to win at 47.50 % and you double your bet everytime you lose so that finally you are lucky and win everything back + the 1 Satoshi you started out with.

Assuming a starting capital of 1 048 576 Satoshi after 10000 bets, 97.5 % of the players will have gained between 1 and 10000 Satoshi, while the other 2.5 % will have lost all of their starting balance of 1 048 576 Satoshi.

However this is just a quick Excel calculation and there are still some other factors like alternative paths to consider as in a Monte Carlo simulation.

I would be glad if you might be able to point me to the tool you were using for your sim so I can set up my own full fledged Monte Carlo  Wink
Thanks in advance!
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December 12, 2016, 09:38:18 PM
 #729

Never thought faucets are worth it.
Its just waste of time,you click on ads for few cents.Also,this doesn't really looks to be worth.

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December 12, 2016, 10:01:07 PM
 #730

Never thought faucets are worth it.
Its just waste of time,you click on ads for few cents.Also,this doesn't really looks to be worth.

I have programmed the only faucet where the rewards are market regulated.
This means it is worth for users,if it would not be worth they would not claim for how much they claim.
I know( because it is so) that a reward for a claim is liked if it is around 700 satoshi.

People say faucets are not worth...But i see that it is impossible to lose members if you can offer over 500 satoshi per claim.

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December 13, 2016, 03:18:00 PM
 #731

Never thought faucets are worth it.
Its just waste of time,you click on ads for few cents.Also,this doesn't really looks to be worth.

Of course faucets are never worth your time. No one should waste their time claiming from faucets all day when they can earn loads from other sources everyday. Just think of the time you are wasting and the amount of electricity and internet bills that you have to pay in order to keep on claiming all day long.

However it is worth it if you can get a lot of referrals on faucets - you can check your earnings every month and withdraw them easily.

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December 13, 2016, 08:04:58 PM
 #732

Never thought faucets are worth it.
Its just waste of time,you click on ads for few cents.Also,this doesn't really looks to be worth.

Of course faucets are never worth your time. No one should waste their time claiming from faucets all day when they can earn loads from other sources everyday. Just think of the time you are wasting and the amount of electricity and internet bills that you have to pay in order to keep on claiming all day long.

However it is worth it if you can get a lot of referrals on faucets - you can check your earnings every month and withdraw them easily.

lots of referrals? you mean millions to make it worth...

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December 31, 2016, 08:25:38 PM
 #733

Hello guys those who are wondering if I really won 0.3 btc or I am bluffing, here you go - my user/referral ID = 2715691

wetsuit can now confirm that I won the amount this morning.

Also if anyone wants to join as my referral use the referral id to sign up, I always cashback 50% of referral commission to my active referrals via the Auto-Share feature third option.

I can confirm that user id 2715691 did roll 10,000 and win $200. Congratulations again!
I have to say that he is really very lucky,one in millions i would say have won that award because since years i have not heard any one winning that maximum amount of 200USD.I would say the user must use in worthly and not to even try to gamble with those winning amount.use them wisely.

How are you getting one in millions?

Wouldn't the odds of getting "10,000" with 10,000 possibilities be 1:10,000?
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January 04, 2017, 08:45:16 AM
 #734

if you are bored, try depositing some and you can see the difference. this is legit though. I deposited 0.01 btc but after earning 0.03 btc i think i am now losing streak. Luckily i've already returned the 0.01 to my wallet. Smiley
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January 04, 2017, 04:04:38 PM
 #735

if you are bored, try depositing some and you can see the difference. this is legit though. I deposited 0.01 btc but after earning 0.03 btc i think i am now losing streak. Luckily i've already returned the 0.01 to my wallet. Smiley

I like this faucet. i have earn profit 0.02btc at hi-lo games, just deposit 0.003 Smiley

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January 04, 2017, 06:40:37 PM
 #736

if you are bored, try depositing some and you can see the difference. this is legit though. I deposited 0.01 btc but after earning 0.03 btc i think i am now losing streak. Luckily i've already returned the 0.01 to my wallet. Smiley

I like this faucet. i have earn profit 0.02btc at hi-lo games, just deposit 0.003 Smiley
Congrats for your winning man but not everyone lucky as you are.Need not find anywhere,just look at me sometimes make a profit somehow but actually it's not enough to defeat my losing streak.
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January 04, 2017, 07:50:35 PM
 #737

I won a little over 0.05 BTC. Decent if you're just looking for fun in free time. I play multipler, sometimes!
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January 04, 2017, 08:07:33 PM
 #738

I use FreeBitcoin and FreeDogecoin because of the luck involved. I've had days giving out 10 times as much because of how this faucet works.

You may struggle to make anything, but at each payout for both expect 3-4 multiples of 10x the standard amount. It takes 2-3 weeks and you'll end up with about a dollar a month from both doing it 5-6 times a day I know of people who buy livestock off this strictly from specific faucets.

I am in love with the above 2 and Bitcoin Game Apps!

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January 22, 2017, 04:48:01 PM
 #739

Just hit 9986 on freebitco.in! 

A nice third level price plus referral bonus!

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January 22, 2017, 07:10:47 PM
 #740

I use FreeBitcoin and FreeDogecoin because of the luck involved. I've had days giving out 10 times as much because of how this faucet works.

You may struggle to make anything, but at each payout for both expect 3-4 multiples of 10x the standard amount. It takes 2-3 weeks and you'll end up with about a dollar a month from both doing it 5-6 times a day I know of people who buy livestock off this strictly from specific faucets.

I am in love with the above 2 and Bitcoin Game Apps!
Yes,its true.In any gambling your luck must be involved.But unfortunately everyone are not lucky as same.
At beginning in bitcoin industry FreeBitcoin was my first priority and yet playing this game multiple times in a busy day.

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