BTCevo
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Activity: 1834
Merit: 1008
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May 11, 2019, 12:08:45 AM |
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400 BTC wagered can be 200 bets of 2 BTC, not 20. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Considering the house edge, 5%, you can perfectly lose 20 BTC within 200 bets. ... Nevertheless, I too feel that their referral system is being abused, and I made a post about that today in their official thread. You right, let's do the math again. Assuming 100 BTC on account A and 400 BTC weighed. Account A refer account B. Account A Interest for 1 month: 0.0109589%*30 (100btc)=0.328767 BTC Reward points = 1/0.00005*400=80.000.000 RP Exchanged RP= 0.8 BTC ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpuu.sh%2FDoA42%2F032713ce31.png&t=663&c=S7GYeIlk4s2wOA) With 200 bet and 5% house edge on the long run, you will lose = 5% 20 BTC = 10 BTC Winner of the contest = 2 BTC Account B Interest= 0% MULTIPLY BTC / BETTING 0.40% of wager / bet =0.4% 400= 1.6 BTC EARN BTC 25% of daily interest, big question marks= 25% of 0.328767? = 0.08 BTC Winner of the referral contest 1 BTC So assuming that you have 2 accounts and 100 BTC on account 1, you will end with 100+0.328767+0.8-10+2+1.6+0.08+1= 95.808767 BTC For the wagered amount, I do not think it is as simple as that, even you play with some low multiplier, there is no guarantee that you will only lose 5% because of the hiuse edge. Everything is all about luck so it is either you are playing hard or not I can say you can't predict the future But let me tell you one thing, if you have 100 btc, why dont you let your money grow there? Just take an interest there, you will earn daily 0.01 which is really huge amount. So your money will keep on growing instead losing 5 btc
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coinlocket$
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Activity: 2422
Merit: 1517
#1 VIP Crypto Casino
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May 11, 2019, 08:52:40 AM |
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For the wagered amount, I do not think it is as simple as that, even you play with some low multiplier, there is no guarantee that you will only lose 5% because of the hiuse edge. Everything is all about luck so it is either you are playing hard or not I can say you can't predict the future
But let me tell you one thing, if you have 100 btc, why dont you let your money grow there? Just take an interest there, you will earn daily 0.01 which is really huge amount. So your money will keep on growing instead losing 5 btc
As I said this is considering variance = 0 with and expecting value equal to that number. I took huge bets to fast counting but yes if you can do 100.000 bets for the same wagered amount total your number should be very close to the house edge, in this case, 5%. Sadly I don't have 100 BTC, but a lot of people have them and they simply gamble them. Instead of doing something useful, this is sad but this is it. Also, this was math to see if as someone said (the top wager is referring himself to beat the system)
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Betwrong
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Activity: 3332
Merit: 2187
I stand with Ukraine.
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May 11, 2019, 11:26:33 AM |
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The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.
If you mean betting with 50% win chance, then even 1/2000 of your bank can be not small enough. Losing 15 times in a row is a common thing, and over 20 times in a row can happen too. The thing is that if it was possible to say that you are insured against losing over 20 times in a row while betting with 50% win chance, many people would just be rolling on dice sites instead of mining.
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LUCKMCFLY
Legendary
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Activity: 2464
Merit: 1856
Leading Crypto Sports Betting & Casino Platform
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May 13, 2019, 02:55:33 PM |
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The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.
If you mean betting with 50% win chance, then even 1/2000 of your bank can be not small enough. Losing 15 times in a row is a common thing, and over 20 times in a row can happen too. The thing is that if it was possible to say that you are insured against losing over 20 times in a row while betting with 50% win chance, many people would just be rolling on dice sites instead of mining. Applying this type of technique I have lost up to 30 times in a row, often with a lot of balance, what happens is that the Provably Fair somehow determines what your game pattern is, and according to that applies strategy in the same way, when it happens this kind of thing, so you can confuse it in some way is to play randomly because there comes a moment that while you are doing random movements you are playing in the hands of luck and what happens, when there are random movements, the system no longer finds any pattern and it starts to win, it's simple logic, I've been playing for a long time and I've discovered this way, many times I changed to 2x, 3x, 5x, 7x, and betting with different amounts, that's how I've managed to be more successful.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Haunebu
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 13, 2019, 04:36:33 PM |
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The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.
If you mean betting with 50% win chance, then even 1/2000 of your bank can be not small enough. Losing 15 times in a row is a common thing, and over 20 times in a row can happen too. The thing is that if it was possible to say that you are insured against losing over 20 times in a row while betting with 50% win chance, many people would just be rolling on dice sites instead of mining. Applying this type of technique I have lost up to 30 times in a row, often with a lot of balance, what happens is that the Provably Fair somehow determines what your game pattern is, and according to that applies strategy in the same way, when it happens this kind of thing, so you can confuse it in some way is to play randomly because there comes a moment that while you are doing random movements you are playing in the hands of luck and what happens, when there are random movements, the system no longer finds any pattern and it starts to win, it's simple logic, I've been playing for a long time and I've discovered this way, many times I changed to 2x, 3x, 5x, 7x, and betting with different amounts, that's how I've managed to be more successful. Same here. Randomizing is the name of the game. I have basically earned healthy profits over a long period of time by always changing my patterns instead of sticking to a singular pattern. There is no guarantee that you will always earn profits in this manner though, but I found it to be much better than depending on something like the Martingale system.
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okala
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 13, 2019, 04:42:22 PM |
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400 BTC wagered can be 200 bets of 2 BTC, not 20. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Considering the house edge, 5%, you can perfectly lose 20 BTC within 200 bets. ... Nevertheless, I too feel that their referral system is being abused, and I made a post about that today in their official thread. You right, let's do the math again. Assuming 100 BTC on account A and 400 BTC weighed. Account A refer account B. Account A Interest for 1 month: 0.0109589%*30 (100btc)=0.328767 BTC Reward points = 1/0.00005*400=80.000.000 RP Exchanged RP= 0.8 BTC ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpuu.sh%2FDoA42%2F032713ce31.png&t=663&c=S7GYeIlk4s2wOA) With 200 bet and 5% house edge on the long run, you will lose = 5% 20 BTC = 10 BTC Winner of the contest = 2 BTC Account B Interest= 0% MULTIPLY BTC / BETTING 0.40% of wager / bet =0.4% 400= 1.6 BTC EARN BTC 25% of daily interest, big question marks= 25% of 0.328767? = 0.08 BTC Winner of the referral contest 1 BTC So assuming that you have 2 accounts and 100 BTC on account 1, you will end with 100+0.328767+0.8-10+2+1.6+0.08+1= 95.808767 BTC For the wagered amount, I do not think it is as simple as that, even you play with some low multiplier, there is no guarantee that you will only lose 5% because of the hiuse edge. Everything is all about luck so it is either you are playing hard or not I can say you can't predict the future But let me tell you one thing, if you have 100 btc, why dont you let your money grow there? Just take an interest there, you will earn daily 0.01 which is really huge amount. So your money will keep on growing instead losing 5 btc Well I have view the formula and have seen the possibility of winning at the right time but is you wait till the end of the wager you may lose your winning. But always remember the is no sure betting when it comes to gambling.
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thin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2019, 03:26:26 PM |
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First of all, I do not understand why you are getting on your base bet after 4 losses. anyway, I had a better strategy. Bet will lowest amount possible and ignore all the wins you get. just try to get like some losses in a row like 4-5 losses in a row and then increase your bet to 10x and after that use martingale strategy of doubling your bet amount after every loss. by this, you will have like backups on your losses.
I'm sorry this strategy has the same chances to win as any other...Having some losses in a row does not increase your chances next time.
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Betwrong
Legendary
Offline
Activity: 3332
Merit: 2187
I stand with Ukraine.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 18, 2019, 02:41:44 PM |
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The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.
If you mean betting with 50% win chance, then even 1/2000 of your bank can be not small enough. Losing 15 times in a row is a common thing, and over 20 times in a row can happen too. The thing is that if it was possible to say that you are insured against losing over 20 times in a row while betting with 50% win chance, many people would just be rolling on dice sites instead of mining. Applying this type of technique I have lost up to 30 times in a row, often with a lot of balance, what happens is that the Provably Fair somehow determines what your game pattern is, and according to that applies strategy in the same way, when it happens this kind of thing, so you can confuse it in some way is to play randomly because there comes a moment that while you are doing random movements you are playing in the hands of luck and what happens, when there are random movements, the system no longer finds any pattern and it starts to win, it's simple logic, I've been playing for a long time and I've discovered this way, many times I changed to 2x, 3x, 5x, 7x, and betting with different amounts, that's how I've managed to be more successful. I can assure you that this is autosuggestion. Read a bit about provably fair system, and you'll see yourself that there is no such thing as determining your game pattern and then applying a strategy that will make you lose. You don't need to "confuse" the system in order to make it "more fair" because it is absolutely fair by nature. And you don't have to trust it, you can check its fairness yourself through a third source.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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okala
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 18, 2019, 07:23:04 PM |
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It depends on how you handle the formula because you can not bet in this accurate manner and all wagers differs, you will have to reshuffle this formula in other to get the desired result if not the bet may get to a lose lon your side.
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jak3
Legendary
Offline
Activity: 1274
Merit: 1004
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May 18, 2019, 07:55:39 PM |
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First of all, after some analysis I found out freebitco actually has harder win chances. as where you can get 90% win change on the 1.1x bet(dice) on a regular dice site, freebitco provides like 86.36% on 1.1x. I mean that is a bit too high to make you lose your full balance (not to mention why there most earning came from dice and lottery). if you looking for gambling then go for any casino out there but do not go for freebitco. btw my strategy is going for like 10sat at 1.1x payout and on loss(1100%) and on the win(return to base bet).
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Oilacris
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 18, 2019, 08:17:03 PM |
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The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.
If you mean betting with 50% win chance, then even 1/2000 of your bank can be not small enough. Losing 15 times in a row is a common thing, and over 20 times in a row can happen too. The thing is that if it was possible to say that you are insured against losing over 20 times in a row while betting with 50% win chance, many people would just be rolling on dice sites instead of mining. Applying this type of technique I have lost up to 30 times in a row, often with a lot of balance, what happens is that the Provably Fair somehow determines what your game pattern is, and according to that applies strategy in the same way, when it happens this kind of thing, so you can confuse it in some way is to play randomly because there comes a moment that while you are doing random movements you are playing in the hands of luck and what happens, when there are random movements, the system no longer finds any pattern and it starts to win, it's simple logic, I've been playing for a long time and I've discovered this way, many times I changed to 2x, 3x, 5x, 7x, and betting with different amounts, that's how I've managed to be more successful. I can assure you that this is autosuggestion. Read a bit about provably fair system, and you'll see yourself that there is no such thing as determining your game pattern and then applying a strategy that will make you lose. You don't need to "confuse" the system in order to make it "more fair" because it is absolutely fair by nature. And you don't have to trust it, you can check its fairness yourself through a third source. It sounds really too dumb for those people who do keep saying or trying to do such thing where theres a specific pattern with these kind of games like dice and other similar rolling games.All is random and seeking or trying out to search for some pattern will just waste up your time. Confusing the system? that's total bullshit beliefs.
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Oceat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 18, 2019, 11:14:35 PM |
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The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.
If you mean betting with 50% win chance, then even 1/2000 of your bank can be not small enough. Losing 15 times in a row is a common thing, and over 20 times in a row can happen too. The thing is that if it was possible to say that you are insured against losing over 20 times in a row while betting with 50% win chance, many people would just be rolling on dice sites instead of mining. Applying this type of technique I have lost up to 30 times in a row, often with a lot of balance, what happens is that the Provably Fair somehow determines what your game pattern is, and according to that applies strategy in the same way, when it happens this kind of thing, so you can confuse it in some way is to play randomly because there comes a moment that while you are doing random movements you are playing in the hands of luck and what happens, when there are random movements, the system no longer finds any pattern and it starts to win, it's simple logic, I've been playing for a long time and I've discovered this way, many times I changed to 2x, 3x, 5x, 7x, and betting with different amounts, that's how I've managed to be more successful. I can assure you that this is autosuggestion. Read a bit about provably fair system, and you'll see yourself that there is no such thing as determining your game pattern and then applying a strategy that will make you lose. You don't need to "confuse" the system in order to make it "more fair" because it is absolutely fair by nature. And you don't have to trust it, you can check its fairness yourself through a third source. It sounds really too dumb for those people who do keep saying or trying to do such thing where theres a specific pattern with these kind of games like dice and other similar rolling games.All is random and seeking or trying out to search for some pattern will just waste up your time. Confusing the system? that's total bullshit beliefs. No strategy will beat the system in gambling and if people keep talking like they really can beat the system by doing this and that. Then it's time for them to wake up even if they want to prove it but they themselves cannot beat it, i think it's a waste of time to listen to them. Gambling is purely on entertainment only and people should not forget that if they think they can make money out of it.
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3996
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BossMacko
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2019, 02:04:02 AM |
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Been signing in everyday in freebico.in but havent won lottery for 2months no, havent receive jackpot from claim faucet. I tried to gamble everyday to increase my lotto ticket but there is no luck for me.
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JohnBitCo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2019, 05:06:54 AM |
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First of all, I do not understand why you are getting on your base bet after 4 losses. anyway, I had a better strategy. Bet will lowest amount possible and ignore all the wins you get. just try to get like some losses in a row like 4-5 losses in a row and then increase your bet to 10x and after that use martingale strategy of doubling your bet amount after every loss. by this, you will have like backups on your losses.
Even this strategy is not granted to result in win always. After the 4 to 5 straight losses, you are saying to increase the bet to 10x. What if that turn of 10x bet resulted in a loss too ? There is no way to be sure that even after 5 consecutive loses the sixth one will be a winner.
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xvids
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 19, 2019, 05:48:26 AM |
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First of all, I do not understand why you are getting on your base bet after 4 losses. anyway, I had a better strategy. Bet will lowest amount possible and ignore all the wins you get. just try to get like some losses in a row like 4-5 losses in a row and then increase your bet to 10x and after that use martingale strategy of doubling your bet amount after every loss. by this, you will have like backups on your losses.
A lot of strategies could be use in gambling, but not every single time, it would work. It is annoying that even though you came up with too many strategies, yet it is still not enough to beat the house. Competing with the house is pretty brutal, it is like you are fighting a billion soldiers while you are alone, what I mean is the possibility of winning is 0.000001% or in short, very impossible that you could win most of the time whenever you wanted to. I agree there are so many strategies to use bot you couldn't always use it to win. The house would always find out the pattern and you would surely lose . You just have to enjoy it while you can and don't get too greedy cause you might lose it all instead of having a profit. And besides the pattern that has been said jak3 4-5 lose then bet a huge amount doesn't always work I have seen a 15 straight lose on my own bets.
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raven7886
Legendary
Offline
Activity: 1512
Merit: 1041
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May 20, 2019, 09:16:48 AM |
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Yeah, 4 or 5 losses is nothing when you look at the streaks of losses some people had. There was a discussion about the same thing on the real freebitcoin topic where someone lost about 20 times in a row I guess and dude was angry and calling freebitcoin scammers for something like that and thequin basically explained that in 5 thousand bets there is a 20%+ chance to hit 20 losses in a row.
So, losing 4 or 5 is nothing compared to that, it happens quite frequently. People are mistaking their strategy for a blueprint of winning but as long as there is a house edge there is literally no way you can make money with any strategy. You may win or lose based on luck, you can have multiple wins in a row as much as you have losses in a row and if you stop at the right time you will be profiting but there is no way to guarantee a win.
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BlackFor3st
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2019, 10:51:21 AM |
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Did you actually win using this tactics? But I wonder if we can continue doing this kind of betting strategy as it will surely cost some time to win.
If there will be an auto better that can do this, I am sure it will be very useful to use but I wonder if Freebitco.in will allow this to happen. As I saw that it is a good strategy especially if you have good amount of money to bet. You stop when you win then return to the bottom bet and you keep on multiplying the bet once you loss.
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bhabygrim
Sr. Member
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Merit: 257
Best Bitcoin Casino www.coinsaga.com
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2019, 11:05:31 AM |
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Yeah, 4 or 5 losses is nothing when you look at the streaks of losses some people had. There was a discussion about the same thing on the real freebitcoin topic where someone lost about 20 times in a row I guess and dude was angry and calling freebitcoin scammers for something like that and thequin basically explained that in 5 thousand bets there is a 20%+ chance to hit 20 losses in a row.
So, losing 4 or 5 is nothing compared to that, it happens quite frequently. People are mistaking their strategy for a blueprint of winning but as long as there is a house edge there is literally no way you can make money with any strategy. You may win or lose based on luck, you can have multiple wins in a row as much as you have losses in a row and if you stop at the right time you will be profiting but there is no way to guarantee a win.
This is funny actually why would you gamble when you couldn't take the lose? They should know that there are some unexpected things happening in gambling not just on the lose but also on the winning gamblers, For example those who could pull out a huge profit with just a small bet or those who manage to win even with just a small percent of success when they put up a huge multiplier for their bets.
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okala
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May 20, 2019, 01:56:15 PM |
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Yeah, 4 or 5 losses is nothing when you look at the streaks of losses some people had. There was a discussion about the same thing on the real freebitcoin topic where someone lost about 20 times in a row I guess and dude was angry and calling freebitcoin scammers for something like that and thequin basically explained that in 5 thousand bets there is a 20%+ chance to hit 20 losses in a row.
So, losing 4 or 5 is nothing compared to that, it happens quite frequently. People are mistaking their strategy for a blueprint of winning but as long as there is a house edge there is literally no way you can make money with any strategy. You may win or lose based on luck, you can have multiple wins in a row as much as you have losses in a row and if you stop at the right time you will be profiting but there is no way to guarantee a win.
This is funny actually why would you gamble when you couldn't take the lose? They should know that there are some unexpected things happening in gambling not just on the lose but also on the winning gamblers, For example those who could pull out a huge profit with just a small bet or those who manage to win even with just a small percent of success when they put up a huge multiplier for their bets. As I have been saying before there is never a winning formula and every formula can work for Mr x and does not work for Mr B because of the tactics they both applied, how can you expected an already made formula or techniques in a volatile ground such as gambling it not possible.
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jak3
Legendary
Offline
Activity: 1274
Merit: 1004
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May 20, 2019, 02:23:53 PM |
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My wining rule is having 0.1 BTC balance and then go for a 10sat bet. and on loss increase it by 1100x. on win return to base bet. and believe me, this has chances of 1/100000 odds of having a loss. you can not literally lose your full balance. but the negative point of it is you need to have 0.1 btc if you are going to make 1sat per roll. this is my min-max strategy.
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