Author

Topic: Coinbet24 - #Streak Competition (Double of the day) - Win 500 mBTC (Read 835 times)

legendary
Activity: 2772
Merit: 3284
This is not a give away!!!! The rules are  too stringent. Almost Impossible to do. Then you still have to rollover the prize?  Coinbet24.com,  get serious. Very bad idea.
It's a contest/game/round. The games and round section isn't only for giveaways, but also competitions. No one is forcing you to participate, and the roll over is easy. Find a option. Bet 50 mBTC. Lay the option at Fairlay, eating a small mBTC loss. Repeat. Enjoy your fully rolled over funds.
full member
Activity: 137
Merit: 100
This is not a give away!!!! The rules are  too stringent. Almost Impossible to do. Then you still have to rollover the prize?  Coinbet24.com,  get serious. Very bad idea.
newbie
Activity: 37
Merit: 0
hard to do this 10 winning streaks for 500 mbtc prize only ,
please reduce it to 5 times only , and see the result.
hero member
Activity: 798
Merit: 503
From my personal experience I would say that winning 10 times in a row with 1.9 odds is really a tough job

If the sportsbook fee is 5% then it would take an average of 1024 days with a normal betting (can be earlier if you have a great luck)
I will want to share in your point of view because to make that happen in my own point of view then a cow will pass through the needle meaning it is most likely impossible and the chance that one failure will occur increases by every action. Even along the line with the conditions that must be met emotions will likely set- in and that may becloud judgement...
member
Activity: 100
Merit: 10
Streak #1: https://www.coinbet24.com/coupon/baaaaakf4

I forgot to play in weekend  Cry even though I won my previous streak 1 ....!
ONM
member
Activity: 89
Merit: 10
From my personal experience I would say that winning 10 times in a row with 1.9 odds is really a tough job

If the sportsbook fee is 5% then it would take an average of 1024 days with a normal betting (can be earlier if you have a great luck)

Well, you're forgetting that you are making bets and are getting paid out on them when you win.

So, if we assume that you are only losing the vig (breaking even on 50-50 bets and losing the vig), and every bet is a 50/50 shot, and the vig is 5%, you'll have to wager 8.88mBTC 1024 times, on average, to win the main prize.  That means that you'll have to wager 9.09312BTC.  With a 5% vig, you'll lose 454.656mBTC and will win 510mBTC in prizes (it doesn't say in the rules if you can win the 10mBTC prize for five in a row multiple times, so I assumed you cannot).  With the prizes, you have to roll them over 4x before you cash out, so that's another 2.04BTC wagered at 5% vig = -102mBTC.

So if you are a breakeven bettor, you'll lose 454mBTC, make 510mBTC in bonus money, but you'll lose 102mBTC before you can cash that bonus money out.  For a grand total of -46mBTC (and two years of your time) in equity.
sr. member
Activity: 434
Merit: 250

Hi Wazzap,

Coupons in the streak contest have to combui coupons with a double (Two items on coupon)

And also remember that coupon have to be posted and finished within the betting day which is from 0800-0759 GMT.

Regards Coinbet24
Thanks for info. It means my entry is invalid hahaa.
I did not understand much the 5th rule.
hero member
Activity: 904
Merit: 500
Coinbet24 - Bitcoin Casino since 2015

Hi Wazzap,

Coupons in the streak contest have to combui coupons with a double (Two items on coupon)

And also remember that coupon have to be posted and finished within the betting day which is from 0800-0759 GMT.

Regards Coinbet24
sr. member
Activity: 434
Merit: 250
hero member
Activity: 904
Merit: 500
Coinbet24 - Bitcoin Casino since 2015
From my personal experience I would say that winning 10 times in a row with 1.9 odds is really a tough job

If the sportsbook fee is 5% then it would take an average of 1024 days with a normal betting (can be earlier if you have a great luck)

Luck or skill can be discussed. We offer leagues with only 3 percent margin.
Please consider this and the prize. Then this promotion could easily be NGR positive for the customer.
legendary
Activity: 1120
Merit: 1001
From my personal experience I would say that winning 10 times in a row with 1.9 odds is really a tough job

If the sportsbook fee is 5% then it would take an average of 1024 days with a normal betting (can be earlier if you have a great luck)
hero member
Activity: 904
Merit: 500
Coinbet24 - Bitcoin Casino since 2015
Double Streak Competition - Win 500 mBTC


Make 10 winning bets in a row and get a 500 mBTC cash bonus into your account !

With this competition, you need to make 10 winnings bets in a row.

How to participate:
1. Sign up for a Coinbet24.com account (If you do not already have one)
2. Place your bet of excatly 8.88 mBTC at odds 1.90 or higher. (double combi)
3. Go to my profile >> Bets and find your bet (Then activate public link)
4. Share public link in this thread

Share like this

Streak #1: https://www.coinbet24.com/coupon/baaaaajTH

If you won the day before, then instead post:
Streak #2: https://www.coinbet24.com/coupon/baaaaajTH

If you win you first 2 bets, but lose the 3rd, then you can continue the day after starting from Streak #1 again.

Prizes

Participation rules:
1. You can only participate 1 time every day
2. You cannot use multiple accounts
3. Only the first bet of mBTC 8.88 the betting day will qualify.
4. Minimum odds on bet must be 1.90
5. The bet must be a combi bet with two (2) items
6. A betting day is defined as 08:00 GMT to 07:59 GMT
7. You bet must finish within that the same betting day.
8. Only pre-match bet are accepted. (So no in-play betting)
9. Streak must be made on consecutive betting days. If you win you first 3 bets, but does not play on the 4th day, then you have to start from streak 1 again.
10. The 1st prize bonus needs turnover x4 at minimum odds 1.6 within 90 days. Max 10% turnover per bet. Normal bonus rules apply.
11. Bet must be shared in this thread to participate.
12. If you in anyway cheat or manipulate this competition, then you will be excluded.
13. This campaign runs until Coinbet24.com decides to stop this, giving 9 days notice.
14. Rules may be changed with effect from change time. (Notice will appear in thread)
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