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Author Topic: To freebitco.in and their representative, TheQuin  (Read 8254 times)
Lucius
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Today at 01:28:00 PM
 #321

Just another scammy site that pulled the rug years ago, and still, people are falling for it.
~snip~


I wouldn't agree that it's been years, but just a little over a year since things went downhill. Some time after this topic was opened, I successfully withdrew everything I had, and until a month ago the withdrawals were working (albeit difficult). I have written several times that the business was most likely sold quietly, and that the new owner is clearly incapable of keeping it functional to this day.



~snip~
As matters currently stand, the only problem their customers seem to be reporting are related to delayed withdrawals. Has anybody actually lost anything on their website? I doubt it otherwise the accusations would have been posted in large numbers. It seems the have put a lot of effort in their business model and have no intention of closing down.


Some users claimed that their accounts were hacked regardless of whether they had 2FA enabled. How much truth there is in that is hard to say, but something definitely turned bad at some point, and those who could only explain what was happening disappeared without a trace.

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Today at 02:47:19 PM
 #322

Just another scammy site that pulled the rug years ago, and still, people are falling for it.
~snip~


I wouldn't agree that it's been years, but just a little over a year since things went downhill.

I think LoyceV is referring to the fact that the free game they were promoting so heavily was rigged. In the post you mention, he has included two links. I'll bring here a relevant quote so you can see for yourself:

You should probably move (bottom-left) this to Scam Accusations.

I've often wondered if they're legit, based on the average cost per faucet claim:
1 number pays $200
2 numbers pay $20
4 numbers pay $2
8 numbers pay $0.20
100 numbers pay $0.02
9886 numbers pay $0.002

I've always wanted to know if they really pay $271.37 on average for 10000 rolls. And if so, why don't they just pay $0.027 for each roll? They'd have the highest paying faucet, while it would cost them the same amount in total.
Because they choose not to pay the average amount for each roll, but made it a jackpot system, cheating would be possible and largely go unnoticed. Especially if they only cheat once every few thousand rolls.

Based on the odds, I would expect one $200 winner for every 2 $20 winners.
I did a (manual) count on pages 5, 10, 15, 20, 25, 30, 35, 40, 45, and 50 on Big wins at FreeBitco.in:
I just won $20 at FreeBitco.in! 116 times
I just won $200 at FreeBitco.in! 2 times
I probably miscounted a bit, but let's round it down: winning $200 is 50 times less likely than winning $20, and that makes the difference 25 12.5 times larger than it should be.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
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