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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1041. (Read 567162 times)

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legendary
Activity: 4102
Merit: 1454
I thought it was all to do with providing capital to the business which a few gambling sites have a return on, usually its about the maximum bet as you dont want someone or a few people to get silly lucky on 10% odds and have to restrict further high stakes betting.   Ideally and obviously with odds favouring the house, you want the high stakes to continue until they return their money back, the house trimming back after a loss is like the opposite & runs the risk of crystallising the loss some.
   Its such an old site I guess it might also be about wanting temptation or opportunity (having your cash already there aids the convenience factor etc.) to creep in and people gamble some of the deposits they didnt mean to, which Ive done mostly on the events bets.   I lost the brexit bet despite being correct on it passing, just the timing doh  Undecided
legendary
Activity: 2380
Merit: 5213
i suspected that it had to have to do something with abusers. sad that there are some people that ruin it for everyone...
maybe it could be changed to reward to only one deposit per user per week.
I remember TheQuin had said that they offer this bonus when the network is busy and transaction fee is high.
Anyway, in my opinion, it's not fair to those who wager to give golden tickets only for depositing even if someone deposit only one time and don't abuse the system.
I think if the bonus is limited to once per week, then some abusers will likely deposit into their alt accounts. So, better to never offer such a bonus.
hero member
Activity: 2618
Merit: 586
The 10-10.5k is not as easy as it looks. Look at the daily chart, if we basically close above $10K then it quite possibly means that we are going to target new 2019 and maybe retest all time highs later this year.

On most futures exchanges the premium and funding rate is already too high and seems too many people are expecting $10K very soon. However I think the $9400-9600 will be difficult to break and close above.
Well, we are already testing the $9.4k levels so most probably the people at $8-$8.5k people will fail, sure we still have some time left for the month to end and this is bitcoin so anything could happen but we are honestly closer to $10k than $8.5k right now so I do not think that its not "as easy as it looks" for us to drop then go up.

I am not saying $10k people will win but at the same time I am saying we are closer for $10k people to win then people at 8-$8.5k people to win, at least if we ended today people at $10k would be technically more "right" than $8.5k people even if both of them lost to $9-$9.5k people in the end. As long as we can't break the resistance we are not going anything above but if we manage to break it, nothing can stop us from reaching $11-$12k levels, so its all tied to a small thin thread right now.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
the site used to have a lot of promotions for deposits that gave golden tickets almost every week but i have not seen any for a while now (maybe 2 months?). did it stop doing them for this round of the Lambo lottery game or am i just getting unlucky and missing all of them?

We stopped doing it because people were abusing it by depositing and withdrawing the same coin over and over again for 48 hours.

i suspected that it had to have to do something with abusers. sad that there are some people that ruin it for everyone...
maybe it could be changed to reward to only one deposit per user per week.
copper member
Activity: 1486
Merit: 23
freebitco.in Official PR Account
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legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
~ Interestingly the 10k-10.5k odds are still at 22.22 right now, that means people do not think bitcoin will break the resistance in the next few days,

That is so because bets have stopped being accepted several days ago.  I mean, those odds will stay the same regardless of what people think. You scared me to death by that post, btw, because for a moment I thought people could still bet on the event. Smiley


sure it looks not around there right now but if we broke the 9.4k barrier anytime in the next few days I am sure we will go beyond 10k as well and suddenly anyone at the top 5 predictions will be wrong as well.

Almost done, mate. We are at $9,321 right now. I think now I have good chances of winning one of my bets, "$9,501 - $10,000" or maybe even "$10,501 - $11,000" with 57.92 odds.


By the looks of it I am sure the third spot already lost unless something major happens, 7.5k to 8k is not happening anytime soon and it requires some bad news about btc for it to happen if you ask me.

Idk, I think anything can happen. But I'm personally rooting for the "$10,501 - $11,000" range. Smiley
legendary
Activity: 3808
Merit: 1723
~
Let's wait a few more days and check which prediction will be more accurate. However, it seems to me that it is the last, so in the range "$8,001 - $8,500" is the most possible..
Anyway good luck and fingers crossed!  Wink

We are out of that range already. Smiley I think with the current pace we can reach "$10,501 - $11,000" till the end of the month easily, and if that happens, I win with 58x! And someone said earlier in this thread that suspending bets just 7 days prior to the event was too late. No, it wasn't! And today's price is the best proof of that. Now I'm even glad that I missed the opportunity to bet in the last hour, because I would bet on "$8,001 - $8,500".
There is a big rush towards the 8.5k-9k nowadays because of the increase in the price that happened in the last 24-48 hours. The 8k to 8.5k people are getting the second place because of what it has been in the past few weeks. Interestingly the 10k-10.5k odds are still at 22.22 right now, that means people do not think bitcoin will break the resistance in the next few days, sure it looks not around there right now but if we broke the 9.4k barrier anytime in the next few days I am sure we will go beyond 10k as well and suddenly anyone at the top 5 predictions will be wrong as well.

By the looks of it I am sure the third spot already lost unless something major happens, 7.5k to 8k is not happening anytime soon and it requires some bad news about btc for it to happen if you ask me.

I am thinking the opposite actually, remember in Bitcoin trading when people get too bullish then usually a bear market starts and vice versa.

The 10-10.5k is not as easy as it looks. Look at the daily chart, if we basically close above $10K then it quite possibly means that we are going to target new 2019 and maybe retest all time highs later this year.

On most futures exchanges the premium and funding rate is already too high and seems too many people are expecting $10K very soon. However I think the $9400-9600 will be difficult to break and close above.
copper member
Activity: 1486
Merit: 23
freebitco.in Official PR Account
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hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
the site used to have a lot of promotions for deposits that gave golden tickets almost every week but i have not seen any for a while now (maybe 2 months?). did it stop doing them for this round of the Lambo lottery game or am i just getting unlucky and missing all of them?

We stopped doing it because people were abusing it by depositing and withdrawing the same coin over and over again for 48 hours.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
the site used to have a lot of promotions for deposits that gave golden tickets almost every week but i have not seen any for a while now (maybe 2 months?). did it stop doing them for this round of the Lambo lottery game or am i just getting unlucky and missing all of them?
hero member
Activity: 2590
Merit: 605
~
Let's wait a few more days and check which prediction will be more accurate. However, it seems to me that it is the last, so in the range "$8,001 - $8,500" is the most possible..
Anyway good luck and fingers crossed!  Wink

We are out of that range already. Smiley I think with the current pace we can reach "$10,501 - $11,000" till the end of the month easily, and if that happens, I win with 58x! And someone said earlier in this thread that suspending bets just 7 days prior to the event was too late. No, it wasn't! And today's price is the best proof of that. Now I'm even glad that I missed the opportunity to bet in the last hour, because I would bet on "$8,001 - $8,500".
There is a big rush towards the 8.5k-9k nowadays because of the increase in the price that happened in the last 24-48 hours. The 8k to 8.5k people are getting the second place because of what it has been in the past few weeks. Interestingly the 10k-10.5k odds are still at 22.22 right now, that means people do not think bitcoin will break the resistance in the next few days, sure it looks not around there right now but if we broke the 9.4k barrier anytime in the next few days I am sure we will go beyond 10k as well and suddenly anyone at the top 5 predictions will be wrong as well.

By the looks of it I am sure the third spot already lost unless something major happens, 7.5k to 8k is not happening anytime soon and it requires some bad news about btc for it to happen if you ask me.
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
We are planning to add Esports events to our betting section, and we'd like to hear your suggestions!

Let us know the events you would love to bet on in this thread, and we will have those events added to FreeBitco.in.

Man, I am happy about this decision.  Grin Grin Grin  This would be my wish list for betting on eSport games :

1th place: Fortnite
2th place: Dota 2
3th place: Counter-Strike: Global Offensive.
4th place: World of Warcraft
5th place: League of Legends

I have always said Crypto currencies should reach out to the online gamer market, because they are the ideal target market. These people are knowledgeable about anything computer related and they also buy and sell things online.

There are also massive opportunities for free publicity, because these eSport events are streamed online and casinos can buy adverticements on these websites for people to bet on these games.  Wink

copper member
Activity: 1486
Merit: 23
freebitco.in Official PR Account
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hero member
Activity: 1638
Merit: 756
Bobby Fischer was right
We are planning to add Esports events to our betting section, and we'd like to hear your suggestions!
I think it best to start with major and most renown events out there.
Counter Strike, League of Legends, and Overwatch. There are so many divisions to pick from but it would be best to start with world championships in above categories I guess, you don't want to oversaturate your line-up to a point of confusion. 

legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
~
Let's wait a few more days and check which prediction will be more accurate. However, it seems to me that it is the last, so in the range "$8,001 - $8,500" is the most possible..
Anyway good luck and fingers crossed!  Wink

We are out of that range already. Smiley I think with the current pace we can reach "$10,501 - $11,000" till the end of the month easily, and if that happens, I win with 58x! And someone said earlier in this thread that suspending bets just 7 days prior to the event was too late. No, it wasn't! And today's price is the best proof of that. Now I'm even glad that I missed the opportunity to bet in the last hour, because I would bet on "$8,001 - $8,500".
copper member
Activity: 1486
Merit: 23
freebitco.in Official PR Account
We are planning to add Esports events to our betting section, and we'd like to hear your suggestions!

Let us know the events you would love to bet on in this thread, and we will have those events added to FreeBitco.in.
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legendary
Activity: 4102
Merit: 1454
Quote
you’re going to loose this bet unless a miracle happens in the last few days.

Not quite a miracle just a definite push past 200 day average in just a few days.   Sure the odds are against it but weighed on a scales vs the odds stated, it was more probable then it was weighted for; it was a reasonable bet especially on just small amounts.    When the multiple is that high its justified to put on some small amount especially if it amounts to a hedge in a portfolio of positions which is something I can say generally.
   Price is very positive at present, I'm impressed how well its started this week.  Lets see if it can top 9075 then we might see that attempt at higher prices in just this short time.   The fact it sold off some from last attempt not down to 8000 but then formed a higher low; this has to push the needle towards more bullish action.

I put small wager on the outlier outcomes personally, no point having a virtual opinion only.   Simple argument tl;dr   is BTC volatile quite often ? hell yes
hero member
Activity: 1862
Merit: 590
Its interesting to see that for the Super Bowl the San Francisco 49ers are the favourites to win on here while on all the sportsbooks its the Chiefs that are the favourites so there is some btc to be made if you fancy the Chiefs to win which I like as I already have a futures bet on them from before the playoffs started with Bet365.
legendary
Activity: 2380
Merit: 5213
How exactly the prize are being computed on the wagering contest? Or it just go up like a count up timer with specific sats/sec?
I think it depends on wagering volume or the profit website makes. Because it were increased at a specific rate, the amount on different days was the same.
hero member
Activity: 1680
Merit: 505
~
All in all, I don't mind, I agree that with such high price volatility, it's even fun gambling.
You write that you have already bet, if u do not mind, could you state what price and when you bet earlier and on what price you will bet tomorrow? Smiley I wonder which one will be closer to the final one at the end of month... Wink Let's do a small experiment  Grin

I made my first two bets two weeks ago, or maybe even earlier. I expected the price would rise significantly in the end of January(and I still hope, it will). Those were my two earlier bets:



But, unfortunately, I missed my chance to bet in the very last hour. When I remembered about that, it was too late already. I was going to bet on whatever range the price was at the moment of betting, so I would bet on "$8,001 - $8,500".

But this is not the end of the month yet, so I still hope to win with 57.92x multiplier. Smiley

Thank you for agreeing to this experiment and I wish you that the price would rise and that you would get this bigger reward.
Let's wait a few more days and check which prediction will be more accurate. However, it seems to me that it is the last, so in the range "$8,001 - $8,500" is the most possible..
Anyway good luck and fingers crossed!  Wink
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