gosha@e-coin
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April 11, 2020, 09:39:50 PM |
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This is indeed a good example. It is not without reason that Bookmakers always offer 50-50% matches with odds of around 1.85 If two teams or players are equally matched, these odds will be around this course. If you looked at the situation hypothetically, and the same amount was invested in both markets, keep the bookmaker an advantage of like 5-10%, even before the game has started.
Example: 100 @ 1.85 on Player A 100 @ 1.85 on Player B
So the return is always 185, while 200 comes in. (Revenue 15) In the long run, it should be profitable for a bookmaker, because of these kind of benefits.
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Twinkledoe
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April 12, 2020, 02:43:55 AM |
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its not fair, and y'all appear to be paid bots or persons on behalf of freebitcoin site, i have played a true fair random number from random.org on a 1 - 10000 range for 6 hours, and i never got a streak of even 8 loses (under 5k) or a streak of 8 wins (above 5k) have u ever won 30 times? if the probability is almost the same, then some day you could win 20 or 30 times, but this wont happen!! never!!, bullshit, anyways i wont bet again.
I have busted numerous times on many gambling websites, the one I used the most being PrimeDice. It's very common, welcome to gambling. Had you won 13x in a row, you wouldn't have posted a thread to praise them. I thought it's pretty obvious that casinos are made for their owners to earn money, not to lose it. So you're always going to be half a step behind the casino, but you do have a chance to step ahead if you're lucky enough. In fact, I have busted after a streak of more than 20x losses. It's gambling. Kinda awkward to be sad that you've lost - it's part of the game, throw a bit of unluckiness dust on a session and there you go.. I hope by now, the OP realized that he is in gambling and what he was complaining about is really a normal outcome just like in dice. And why would users here will defend freebitco if they also see something shady here? Freebitco has been here for so long, and that kind of complaint I can say is not valid. You are right 20kevin20, had he won 13 consecutive streaks, guess he will be silent about it and just keep on playing.
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Ailurophile
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April 12, 2020, 03:45:51 AM Last edit: April 12, 2020, 05:43:20 AM by Ailurophile |
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How it is possible to lose 13 times in less than 1 minute, with a game that have 50 % win / 50% lose chance?. bullshit. fortunatelly i only bet 17k satoshi... dont spend your satoshis on this shit game. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXObTBVO.png&t=665&c=m4i78wRuf6nNqw) Because you didn't win doesn't mean that the site isn't fair? The website has been operating for so long and this is the first time that I have seen this kind of accusation you are crying for 17K Satoshi because the system didn't let you win. I guess you are one of those who have been watching some tricks on youtube and dreaming of making it real on your own. And beside you could enjoy their game without even spending your own money beceause they have a faucet if you don't have enough money or doesn't want to deposit.
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FinneysTrueVision
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April 12, 2020, 05:17:20 AM |
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Martin is a pleb, dont do that. It dont work from multiple perspectives, mostly imo because it never really pays alot just repays prior loss so pointless risk as OP gives details on; these streaks can happen. It should be unlikely but I agree none of these games were ever in your favour so thats a bad starting point to be in disappointment, you arent owed anything in fact you know for sure the odds are against you. However it should be unlikely to get 13 repeats in a row, I put it into a calculator for odds and its far less then 1% chance in theory. Alot of people dont like theories, they want definite but that aint gambling sadly :p The conclusion of failure or corruption has to be weighed against the millions of players who attempt the same thing. Just very roughly, the odds shown above are 1 in 4344 so for every amount of customers who play this game it can happen. I would advise you to stream your games gambling, as a record and proof and if you are correct and there is unfair bias it will show up. 0.02% sounds like very favorable odds, however that percentage goes up the more wagers you make. If you want to make a decent amount of profit like 100,000 satoshis you will need a minimum of 100k rolls. The odds of getting 13 consecutive losses with that many rolls is close to 100%.
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adaseb
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April 12, 2020, 06:40:54 AM |
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I think its time to put this topic to rest, basically its over 4 pages long and its been over a week since the OP replied and most likely he won't be active in this topic again. People are saying the same thing over and over again and its becoming repetitive.
I don't understand why the OP created a new thread instead of just posting in the already active Freebitco.in thread where he would of gotten the same support. Because people create these new threads and very quickly the topic reaches a conclusion however people still keep posting without reading any posts except the main post.
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acdc
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April 12, 2020, 06:51:26 PM |
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Surely you are not the only case, I guess 90% of people who used to play frebitco have encountered a situation of losing many times in a row in a short time. I also encountered the same situation, constantly losing dozens of times in a short time. Although it is entirely possible, the chance that you lose 10 times in a row is very small.
This isnt only applied on Freebitco alone but in all dice sites as well no matter how big their house edge or small it is.Tendency or chance of losing streak is inevitable and 10x lose in a row is indeed small.I do even experience 20x in a row which totally burn all of my balance in a blink of an eye..First of when i was a newbie then it do give out that kind of question on mind on hows that possible but later on i realize on how do thing works and we shouldnt really expect too much that making money is easy as hell.Freebitco is reputable and been known by many btw and they arent shady at all-- OP just got burned by typical losing streaks that he might even not experience before. Until now freebitco is still a very good betting platform, lots of people participate in gambling there. However, there are still many allegations regarding too many consecutive losses in a short time. I personally think that if someone is a newcomer and does not have a lot of knowledge or self-control, it is best not to engage in gambling.
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crwth
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April 12, 2020, 06:56:35 PM |
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Just because you lost, it doesn't immediately translate into bullshit stuff. It's better to understand that there are possibilities that you cannot foresee or foretell. If you gamble, you should be aware of the risk. Just make sure you don't lose the money that you are going to use for your necessities, like rent. Lol.
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fullhdpixel
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April 12, 2020, 07:18:02 PM |
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People have to keep saying the same thing over and over again in order to make sure it is ingrained in peoples mind that you can lose many times in a row and that is not how you disprove the provably fair. What people are not really talking about too much is the fact that provably fair is not trust based thing and it is factually "provably" fair, as in there is a code behind it and there is a technology behind it, so there is a data that backs up the provably fair claim of the websites and when you lose many times in a row you can check it and see if it was provably fair or not from that system and can see that.
Some people think that provably fair is just websites claiming to be like that but are not, no website can claim to be provably fair and turn out not for a long time, eventually someone will figure that out.
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Saint-loup
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April 17, 2020, 09:41:47 PM |
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I don't why anyone would play at Freebitco.in. They used to be a faucet if I remember correctly. And then I think they started providing lottery where people could use their faucet winnings to buy lottery tickets. Gradually they introduced dice or probably came with lottery, not sure. Anyway, why would you even go and play there when there are lot of other well known casinos? Look at their house edge. Its a total turn off. There are casinos that provides house edge lower than 1% (crypto-games.net has like around 0.8% house edge). Play over there, you have better chance of winning.
On freebitcoin there is a sportsbook where you can bet on many events. Does crypto-games offer that feature? In behalf of adzino-- No they havent but they have lots of variety of games that you can play on. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) When it comes to dice then this site do have the lowest house edge. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6JEsDTG.png&t=665&c=9osaZ9_TwgGRLw) On topic, freebitco.in is been trusted for years and they wont last for years upto now if they arent fair at all or they're doing shady stuffs.. Thank you for your reply. Well, if you want to be sure to play a fair game on freebitcoin, you just need to change the client seed and to replace it by your own client seed(which can be whatever word you want) Then you can easily check if the result is ok or not with the server seed and with its hash.
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shield132
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April 17, 2020, 10:58:52 PM |
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What's the problem? Though it's definitely in the 'unlucky' side, losing 13 times in a row is definitely a possibility. It's not like the possibility of you winning the gamble goes up after every loss. Also, with freebitco.in, the possibility of you winning a x2 multiplier is 47.50% not 50%. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FO8BkNgK.png&t=665&c=f-yMNGHkfyJRHA) not quite, i have had more rounds today, i lost 10 times on another round , but i won 1 times and recovered my lost satoshi, say wathever u say this is not a provably fair game... also a friend played some months ago and he lost 17 times in a round, for y'all if you dont want to risk your satoshi, dont bet on this website. In most online casinos, including crypto and non crypto casinos, games are provably fair. The mistake that players always make is that they ignore the fact that house edge has power there and they can't go against mathematics rules when you play with numbers. Always win on long term is on casinos's side, games have house edge because to keep casinos running their business and getting profit from it. Without house edge, casinos would go bankrupt. You also miss one fact, the provably fair games aren't tracking your previous bets and think, oh this man has done bet 15 times and now it's time to win. New bet = new story written on new paper where your old data doesn't even exist. And if anyone wants to play dice, logically they should look for other websites where dice is their main target and offer dozens of promotions around it along with 1% house edge.
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adzino
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April 17, 2020, 11:40:04 PM |
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I don't why anyone would play at Freebitco.in. They used to be a faucet if I remember correctly. And then I think they started providing lottery where people could use their faucet winnings to buy lottery tickets. Gradually they introduced dice or probably came with lottery, not sure. Anyway, why would you even go and play there when there are lot of other well known casinos? Look at their house edge. Its a total turn off. There are casinos that provides house edge lower than 1% (crypto-games.net has like around 0.8% house edge). Play over there, you have better chance of winning.
On freebitcoin there is a sportsbook where you can bet on many events. Does crypto-games offer that feature? No, but the original poster was talking about dice game so I suggested him to play at crypto-games if he wanted a provably fair well know casino with very low house edge ( unlike freebitco.in where the house edge is more than 2% I think. Don't remember / can't find the house edge being mentioned on their site anywhere). Playing at freebitco.in is very risky. Why play dice at a casino with a very high house edge? You are trying to say that you should play dice at freebitco.in because they have sportsbook? lol.
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shoreno
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January 26, 2021, 03:23:13 PM |
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13 times in a row its just a short lose streak, i've gamble on it and lose 0.2 btc with 67 streak losses. with 2.1 multiplier and 117% raise bet on losses.
That's terrible but not sure someone will have 67 streak losses with 2.1 multipler, as from my roughly calculation, most of longest streak would be multipler*10, so with 2.1 multipler, longest streak losses would be around 21 streak losses Which site you have played before? Don't tell me you playing on 999dice thats why im thinking too . 67 straight losses on 2x multi are unbelievable and he call 13 loss streak short ? short is something 4 to 5 but 13 ? thats already too much imho he raises his bet at 117 % on loss and still ended up at 67 losses , thats also unbelievable but i think he will loose his coins quick enough with that percent of increase before he reaches to 67 rolls . he plays on freebitco too based on his explanation but is 999dice that bad ? maybe , because i never heard of this site before .
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Lanatsa
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January 26, 2021, 06:58:59 PM |
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13 times in a row its just a short lose streak, i've gamble on it and lose 0.2 btc with 67 streak losses. with 2.1 multiplier and 117% raise bet on losses.
That's terrible but not sure someone will have 67 streak losses with 2.1 multipler, as from my roughly calculation, most of longest streak would be multipler*10, so with 2.1 multipler, longest streak losses would be around 21 streak losses Which site you have played before? Don't tell me you playing on 999dice thats why im thinking too . 67 straight losses on 2x multi are unbelievable and he call 13 loss streak short ? short is something 4 to 5 but 13 ? thats already too much imho he raises his bet at 117 % on loss and still ended up at 67 losses , thats also unbelievable but i think he will loose his coins quick enough with that percent of increase before he reaches to 67 rolls . he plays on freebitco too based on his explanation but is 999dice that bad ? maybe , because i never heard of this site before . When calculating odds then this one will really be a good one https://forum.stake.com/topic/18281-calculate-possible-losing-bets-in-a-row-with-odds-calculator/https://www.smartgamblingedge.com/p/odds-calculator.htmlUsing this up for example on putting 1000 bets with 2.1 odds then it would really result into possible losing bets in a row which is on 325. Sounds too much?
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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bonjouros
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January 27, 2021, 07:10:26 PM |
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How it is possible to lose 13 times in less than 1 minute, with a game that have 50 % win / 50% lose chance?. bullshit. fortunatelly i only bet 17k satoshi... dont spend your satoshis on this shit game. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXObTBVO.png&t=665&c=m4i78wRuf6nNqw) Provably fair feature is very difficult to prove whether they are telling the truth or not is a matter of trust issue. If you think that losing 13 times in a row will prove that their feature is unbias then it will be better that you should stay from freebitco.in as other will surely to follow if they can experience the same scenario to what you have experienced. But with regards to winning percentage, I guess you have misunderstanding as it is not 50/50 chances knowing that there is a house edge for sure like in their x2 which game the house a 2.5% house edge so they have a better chances of winning compare to the players.
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FinneysTrueVision
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January 27, 2021, 10:10:36 PM |
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Provably fair feature is very difficult to prove whether they are telling the truth or not is a matter of trust issue. If you think that losing 13 times in a row will prove that their feature is unbias then it will be better that you should stay from freebitco.in as other will surely to follow if they can experience the same scenario to what you have experienced.
But with regards to winning percentage, I guess you have misunderstanding as it is not 50/50 chances knowing that there is a house edge for sure like in their x2 which game the house a 2.5% house edge so they have a better chances of winning compare to the players.
'Provably fair' means you shouldn't have to trust if they are telling the truth or not. You can figure it out yourself with the formula that is on their website. The house edge is actually 5%. Odds of you winning are 47.5% and odds of the house winning are 52.5%. Their odds are 5% better.
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Lakai01
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January 28, 2021, 12:03:01 PM |
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Provably fair feature is very difficult to prove whether they are telling the truth or not is a matter of trust issue.
Actually, provably fair is there for exactly this purpose: you can check the outcome of your bets yourself and don't have to rely on the casino not cheating you: How It WorksIn a provably fair gambling system, a player places bets on games offered by the service operator. The service operator will publish a method for verifying each transaction in the game. This is usuallydone by using open source algorithms for random seed generation, hashing, and for the random number generator. Source Btw. BTCGosu hosts a provably fair verifier on their website, this verifier also supports the verification of bets on freebitco.in: Provably Fair Verifier – Verify Your Bets
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carlisle1
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January 28, 2021, 12:24:38 PM |
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I have Been Playing using my freebies in this Site and never experience that 13 losing streak , though i have i believe 8 straight yet in the 9th i won.
And also i have been accumulating satoshi per hour for free and even won 5000 from their free spins per 24 hrs .
So i think this is only a isolated case and not that an issue to be making a big deal.
and also a Newbie that filing this scenario inside makes it sounds like a Flag for me.
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onrise
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January 28, 2021, 04:51:31 PM |
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I have Been Playing using my freebies in this Site and never experience that 13 losing streak , though i have i believe 8 straight yet in the 9th i won.
And also i have been accumulating satoshi per hour for free and even won 5000 from their free spins per 24 hrs .
So i think this is only a isolated case and not that an issue to be making a big deal.
and also a Newbie that filing this scenario inside makes it sounds like a Flag for me.
It could just be one of the rare scenarios if had lost 13 straight in a go and that is nothing more than being unlucky. Also, we users need to understand that do not expect a win from the game always else all the sites if they do not make money would be shut. So somebody has to lose so that site ends up making money, now it could be any one of us only thing being lucky helps you to save form losing it.
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dunfida
Legendary
Offline
Activity: 3192
Merit: 1150
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2021, 07:59:31 PM |
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I have Been Playing using my freebies in this Site and never experience that 13 losing streak , though i have i believe 8 straight yet in the 9th i won.
And also i have been accumulating satoshi per hour for free and even won 5000 from their free spins per 24 hrs .
So i think this is only a isolated case and not that an issue to be making a big deal.
and also a Newbie that filing this scenario inside makes it sounds like a Flag for me.
It could just be one of the rare scenarios if had lost 13 straight in a go and that is nothing more than being unlucky. Also, we users need to understand that do not expect a win from the game always else all the sites if they do not make money would be shut. So somebody has to lose so that site ends up making money, now it could be any one of us only thing being lucky helps you to save form losing it. Some gamblers are really taking it seriously without even realizing that gambling does involved mostly on the losers side if you werent lucky enough. 13 straight loss isnt something that you can whine off specially on using up that common martingale strategy then these kind of losing streaks arent really surprising. If they werent fair since from the start then they wont really be lasting up for how many years already into this market. Just accept the fact that he's just unlucky on playing up games and moved on.
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arwin100
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2021, 09:35:34 PM |
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I have Been Playing using my freebies in this Site and never experience that 13 losing streak , though i have i believe 8 straight yet in the 9th i won.
And also i have been accumulating satoshi per hour for free and even won 5000 from their free spins per 24 hrs .
So i think this is only a isolated case and not that an issue to be making a big deal.
and also a Newbie that filing this scenario inside makes it sounds like a Flag for me.
It could just be one of the rare scenarios if had lost 13 straight in a go and that is nothing more than being unlucky. Also, we users need to understand that do not expect a win from the game always else all the sites if they do not make money would be shut. So somebody has to lose so that site ends up making money, now it could be any one of us only thing being lucky helps you to save form losing it. Some gamblers are really taking it seriously without even realizing that gambling does involved mostly on the losers side if you werent lucky enough. 13 straight loss isnt something that you can whine off specially on using up that common martingale strategy then these kind of losing streaks arent really surprising. If they werent fair since from the start then they wont really be lasting up for how many years already into this market. Just accept the fact that he's just unlucky on playing up games and moved on. We cannot deny that there are people make a complain once they encounter that's kind of streak and they need to understand that it's so normal as there are really times that luck is not on our side especially when we keep betting together with we are chasing to get back what we lose on that day. Maybe other gamblers need to relax and comeback on the other day once they are starting to lose since forced theirselves to play more and continue to lose well for sure they will give that statement that they are cheated by the casino while the real problem there is they are the one who can be blame for their actions when they are betting.
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