Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1034. (Read 561640 times)

A user who bets very early (with 100x multiplier) has the chance to win twice the user who bets on a same outcome at the last second (with 0x multipler). But we cannot say if you bet very early (with 100x multiplier) you win twice the case there was no time weight multiplier.

A user who bets with 100x or 90x multiplier has the chance to win extra money. But the user who bets with 0x or 10x multiplier actually earns less than he could win in a betting without time weight multiplier.

The extra money that goes to users who bet with 100x or 90x multiplier, comes from pockets of those who bet with 0x or 10x multiplier.

If you bet with 100x multiplier, you don't double your profit. Maybe, you increase your winning by 50%.
If you bet with 10x multiplier, you don't increase your profit by 10%. Actually, your winning is decreased.

It's always best to bet early. If you bet very fast, you'll have a 100x multiplier (basically double your profit) regardless of option. As it's mutual betting, the odds you have will go up or down as more bets go into the pool. The closing odds is what really matters; before that, the odds shown are only an estimate and likely not very accurate.

I think it is always best to bet early, in any case, for the bigger odds (betting against the favorite). But if you want to bet on the favorite, wait a  bit more. Maybe I am wrong but I notice on FBC this is the pattern as people seem to bet against the favorite earlier (so the odds increase for the favorite).

House edge has always been high on freebitcoin, yes there are some people who want it to stop but the rest of us
understand "why" it is so high, we got used to it by now because we realized when you calculate how much money you can make from the faucet and rewards and potentially even from lottery that we get free tickets for, you realize that house edge is not as high as you might think it is.

Sure for whales who will want to gamble tens of bitcoins here every day the house edge could be horrible but freebitcoin is the website of the less fortunate people and not whales and whenever I end up losing money on dice (hi/lo) I know that my money will end up in the pockets of a guy who needs that faucet side income. So, it is cool with me. I also would love to expand the betting instead of having a new game, right now betting looks a lot limited, expanding that to include more games and sports could be better than trying to add another game.

The faucet abuse pretty much started happening recently like in Late 2017 and throughout most of 2018 before many sites started to reduce the faucet, block withdraws or just remove it all together. Back in 2014-2015 there were people who abused the faucet but not to the extent as they did now.

One example that comes to mind is Primedice back in 2015, back then you could of had a 2000 Sats faucet with a new account and no deposit needed. You could move your faucet all the way up to 4000 Sats if you had enough rollover to gain a higher rank. However back then BTC was only $200 so a 2000 Sats faucet was only like half a penny.

Did people abuse it? Sure they did but the admins and mods didn't see it as a huge impact as in 2017-2018. I remember people would have multiple accounts like "Jack0", "Jack1", "Jack2" and every few minutes in the chat box I would see "Jack1 tipped Jack0 = 0.00010000 BTC" and "Jack2 tipped Jack0 = 0.00010000 BTC" and obviously this person was violating many rules such as having multiple accounts and I asked the trollbox mods why they didn't ban him and they basically said they don't care. It was probably abused in such small numbers that it didn't affect. However when BTC reached $20K and the site was losing like 20 BTC a day on faucet abuse they had to do something.

I think that the 2017 FOMO rally just attracted many new adopters, some good and some bad and hence the 1% of faucet abusers ruined it for everybody.

Let's not forget the faucet abusers back in the day, those dudes were claiming faucet every hour for 24 hours straight for days and even weeks/months until they got banned and that would yield a lot of profit for them. I personally am over the average as well but I have been around for years now so I can say it is obvious why I claimed so much, I didn't claimed that frequently ever but here and there faucet claims for the past 5 years equals to a lot of claims.

I made more money thanks to affiliate honestly so I didn't cared about the faucet that much but I can totally see the average being 0.005, this website literally gives away free money so a lot of people know about this and some even insists on staying and claiming for a long period of time. Then there is reward points which makes it even higher to claim.

would really to see something new , maybe jackpot poker can work in freebitcoin since it only requires 3 players to start and can pay really big + it's a mixture of skill and luck
maybe also changing the current betting section and removing the time bonus thing , it's kinda complicated for all the bettors and gives a lot of advantage for early bettors which is maybe making a lot of people not betting but I may be wrong

personally the majority of my bets are like 2 hours before games start since some news may be revealed about the game , so usually betting on freebitcoin doesn't suit me due to the time bonus thing

It also says:

Which describes how a parimutuel betting system works rather than a fixed odds system.

https://en.wikipedia.org/wiki/Parimutuel_betting

Ah, so only the time weight multiplier remains unchanged.

This is exactly how odds work in different sports betting platforms I know. But I think there is a difference in Freebitco and the odds can change even after you make the bet.
Here is what the website says about outcome odds.
"Estimated odds for this outcome. Actual odds will be calculated after betting ends for this event."

If I'm not mistaken, the outcome odds (which was 1.44) is fixed the moment you bet, so anyone betting after you (or if you decide to bet later) will have lesser multipliers.

But the opposite can also happen (i.e. multiplier value increase after you bet).

For example, 3 days before the match, you bet on the Spurs VS Liverpool so naturally many will bet on Liverpool, making the odds 1.44, assuming you want Liverpool to win.

But 1 day before the match, Liverpool's goalkeeper suddenly had a leg injury so after your bet, the multiplier of Liverpool increases to 1.89. Even if Liverpool wins, you will be paid on the 1.44 multiplier.

No no I mean the Outcome ODDS  is i it fixed when I bet or can it change ? Ok ok the outcome odds change everytime . Sometime the other soccer is better. But when I placed a Bet, can then the Outcome odds change ?

You mean you bet with a 1.44x multiplier and lost?

 hello when i betting on Freebitco with an outcome of 1.44 . Is th 1.44 fixed ? Can freebitco change them after Play ?

If there needs to be a game that is added to freebitcoin it is certainly blackjack. We can find a lot more games, minesweeper, even poker (that's a bit stretch) but blackjack would basically the best addition there is for a place like freebitcoin.

It is a simple game, everyone knows how it is played, everyone understands it, many people would love to play it and there is a very strict house edge as well that would allow freebitcoin to make profit.

Slots are another with the same mindset and logic, it is simple and everyone likes it and you would make money however slots have a bit of difficulty coding, if you hire someone else you will fear backdoor, if you make it yourself it may take a long time, blackjack is simpler in that regard. Whatever you choose I am sure we will love it.

No.


In our opinion having a higher house edge allows us to give away much more than all the other crypto casinos and that is the major reason why we are the most successful. We're not going to change what has been working so well for over 6 years.

https://decrypt.co/11005/bitcoin-casino-third-largest-internet-gambling-site-in-the-world

Before that, please consider lowering your House Edge to at least 2%.
From every thread that discussed "House Edge", freebitcoin had always been mentioned for having a ridiculous HE (Sry for the word).
IMO, it's the major factor why others didn't like the casino part of the site.

BTW, I second UserU's suggestion (Mine Sweeper), but like the one in Stake.

You're right its not most popular game in the online crypto gambling world.
If they want something thats popular Crash is the way to go! 

Well black jack is good, but I think they will avoid card games and probably they will add some crash or maybe plinko, head or tail, some simple game that people like to play. I like to play them too, so maybe crash would be interesting.
One more thing, if they add black jack it would be nice to add some more card games, some poker, Russian or Caribbean poker, or some other new version, there are many different poker versions now.

Definitely Blackjack , it's one of the best casino games.