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Author Topic: Proof that Freebitco.in game is not provably fair.  (Read 1125 times)
fmrmx1 (OP)
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April 05, 2020, 02:39:22 AM
 #1

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://i.imgur.com/XObTBVO.png
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April 05, 2020, 02:51:30 AM
 #2

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%.


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fmrmx1 (OP)
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April 05, 2020, 03:02:51 AM
 #3

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://i.imgur.com/O8BkNgK.png

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.
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April 05, 2020, 03:27:42 AM
Last edit: April 05, 2020, 03:39:17 AM by mk4
 #4

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.

Tell you what. While I think there's no way for us to really find out if the "win chance" percentage is actually legitimate or not and while I'm definitely no probability or statistics expert, even if we manually set it to 50%(hence lower potential winnings), having such a losing streak is in no way impossible. And taking note that you had your multiplier set to 2 hence your chances of winning is lower than 50%(47.50%). Don't underestimate the -2.5% difference.

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April 05, 2020, 04:11:37 AM
 #5

I guess you are newbie gambler, am I right? Losing 13 in a row on 2x multiplier is obviously possible. You can even get more than that, your claim does not prove that freebitcoin is not provably fair.
The house edge of the game is also higher than other similar game (dice). You can get the same or even worst result on a game with lower house edge.
I believe you will say the same thing against most other sites once you get the same or worst result even if the site is proven as a provably fair site.

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April 05, 2020, 04:33:29 AM
 #6

Freebitco.in has been in business for years now and it has been very transparent with their process.
That's why they also display their process of calculating their next roll. They also show the client seed and nonce used for calculating the previous roll.
So it's just a matter of luck I would say. If your luck was too bad you can even lose 20 times in a row and then win the next ones.
If your luck is too good you can even win 10 times in a row. 47% chances of winning in no way guarantees that the number acquired would definitely make you a profit. It's just pure luck.

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April 05, 2020, 05:04:28 AM
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 #7

Why is it that every few months there is someone who is surprised their "Martingaling strategy" has suddenly failed due to >15+ losses in a row.

We have all been there. We discover dice and see how easy it is to make money. Basically bet $1 and if you lose, bet $2 next round and you will always win. Its impossible to get over 10 losses in a row correct? Wrong.

I think I was cleaned out before with like 15-16 reds in a row on 50/50 dice a few years back. Basically built up my account for weeks with martingale and eventually it failed that one time and lost the entire account.

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April 05, 2020, 05:42:28 AM
 #8

Freebitco.in has been in business for years now and it has been very transparent with their process.
That's why they also display their process of calculating their next roll. They also show the client seed and nonce used for calculating the previous roll.
So it's just a matter of luck I would say. If your luck was too bad you can even lose 20 times in a row and then win the next ones.
If your luck is too good you can even win 10 times in a row. 47% chances of winning in no way guarantees that the number acquired would definitely make you a profit. It's just pure luck.
It is all about luck, I previously used Freebitcoin.in and for me they are fair and not doing any bad and that is why for me that they are transparent. You lose 13 times because your multiplier is x2. It is better if you will earn more experience in order for you to understand how the dice games work. Maybe you try other dice games in other sites that have look a like with the dice game of freebitcoi.in
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April 05, 2020, 05:43:08 AM
 #9

Why is it that every few months there is someone who is surprised their "Martingaling strategy" has suddenly failed due to >15+ losses in a row.

We have all been there. We discover dice and see how easy it is to make money. Basically bet $1 and if you lose, bet $2 next round and you will always win. Its impossible to get over 10 losses in a row correct? Wrong.

I think I was cleaned out before with like 15-16 reds in a row on 50/50 dice a few years back. Basically built up my account for weeks with martingale and eventually it failed that one time and lost the entire account.

Yes. The Martingale Strategy. Been on the tip of my tongue since my first reply and simply didn't mention it instead because I forgot what it was called. Been a victim of that too in the past when I was in my younger years. You quickly learned that for that strategy to be viable in the slightest, you would need A LOT more capital than what you thought. I completely underestimated how fast the doubling could grow.

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April 05, 2020, 06:12:15 AM
 #10

Probably a newbie but an addicted dicer(I don't know if that's even a word) who's invited by a friend referral then clicked that autobet function and he loses 13 streak over it then claiming that a established gambling platform was not probably fair, seems your having some personal issues.
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April 05, 2020, 06:25:10 AM
 #11

You really think it's 50/50 win or lose chance?. You just want to earn money and whining about how you lose. The winning percentage is not 50/50 but 47.50 win rate and 52.50 lose rate so don't ever think that you'll win all the time or for a couple times. It is clearly that you are very unlucky. Just accept the fact that you lose in a row.
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April 05, 2020, 06:57:28 AM
 #12

You really think it's 50/50 win or lose chance?. You just want to earn money and whining about how you lose. The winning percentage is not 50/50 but 47.50 win rate and 52.50 lose rate so don't ever think that you'll win all the time or for a couple times. It is clearly that you are very unlucky. Just accept the fact that you lose in a row.

I don't know if the OP is new in dice game but what he stated is just a normal one. Losing those 13 consecutive streaks is not impossible to happen but actually a normal one. Also, martingale strategy doesn't work all the time, if he wanted to apply on that. If he is playing dice for long time and not only freebitco, I guess he will encounter such long losing streaks. This is not an isolated case.
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April 05, 2020, 07:02:37 AM
 #13

I don't know if the OP is new in dice game but what he stated is just a normal one. Losing those 13 consecutive streaks is not impossible to happen but actually a normal one. Also, martingale strategy doesn't work all the time, if he wanted to apply on that. If he is playing dice for long time and not only freebitco, I guess he will encounter such long losing streaks. This is not an isolated case.
I totally agree with your point because strategies are made by people who gamble but wanted to win however he/she can using such strategiesor experimenting strategies to use when gambling. In op's case, I really don't know what op used when gambling on freebitco . in and posted here about the lose streak.

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April 05, 2020, 07:11:21 AM
 #14

If I win more than 10 times in a row, the game is probably rigged too right?  Grin
Though the probability of that happening is too low, it can happen still and Freebitco.in remains provably fair.

That's just bad luck mate, maybe you woke up at the wrong side of the bed this morning.  Wink
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April 05, 2020, 07:31:17 AM
 #15

You've got the lesson. I think you now know that gambling is not fair Grin

You should call yourself is not lucky, and don't blame the system because the house will take all of your money. People who gamble should know what the risk in gambling is, so they don't chase the winning but enjoy the games. I don't know if freebitco.in is not provably fair or not because I don't play too much like other people.

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April 05, 2020, 07:59:41 AM
 #16

Firstly, welcome to the gambling world op since you seem to be an amateur based on what I have read so far in this thread. You are honestly complaining about losing 13 times in a row? That is nothing. I personally know people who lost 25+ times in a row.

Also, Freebitco house edge is way higher when compared to sites like Stake etc which is why losing 13 times in a row is nothing in this site. Stop complaining without doing your research op.

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akhjob
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April 05, 2020, 08:41:47 AM
 #17

How it is possible to lose 13 times in less than 1 minute, with a game that have 50 % win / 50% lose chance?. bullshit.

Because the win chance is always <50% for all the rolls you made. It's not like the winning chance gets better every time you lose, the winning chance is always less than <50 in all dice sites and you might even have a streak of 30+ loss if you are unlucky.

And this isn't a proof that Freebitco.in game is not provably fair. You can always verify your rolls if you got any doubt.
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April 05, 2020, 08:44:28 AM
 #18

Come on, OP. I've lost more than 30 times in a row 2 or 3 years ago in this same web and I didn't say the game isn't provably fair. It's just a matter of statistics and house edge. Simple as that.
arwin100
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April 05, 2020, 09:31:55 AM
 #19

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.



OP not every day is lucky day aswell not all your bets will win sometimes long lost streak will occur and it will not never define for a site that they are not fair, better not to live or take gambling seriously so that you will not expect anything to much on it.

And hopefully you get a clarification for the peoples answer here since this type of game is base on luck and just think this way if we win today well that's good but if not move on.

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April 05, 2020, 09:32:59 AM
 #20

So if the chance of losing is 52.5 percent, to lose 12 times in a row like you did is (.525)^12 * 100 meaning a 0.044% chance. It's not necessarily impossible that you lost, you just have terrible luck. Their house edge is massive anyways so I'm not sure why you're using their dice game to actually win money.
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