FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1088.

Lakai01

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Quote from: STT on October 07, 2019, 04:20:43 PM

Quote from: UserU on October 07, 2019, 09:21:46 AM

Well, looking at the ticket pool right now, I have a feeling a whale would win the Lambo. After all, it's like a leaderboard.

It wont be like that exactly, whales may register individually as having many tickets but there are possibly a million smaller holders. En mass the smaller ticket holder represents a greater proportion and more likely to show up as the winner. I expect its at least 50/50 between a large holder or someone with only a few tickets winning.
-snip-

It's like in the state lottery where you have to guess 6 numbers out of 45 right, for example. Someone could place 50% of all bets (and spend a lot of money therefore), but this doesn't imply that he will win but chances are very high, though.
Anyways ... A whale has to spend a lot of money to get that many golden tickets, I am not sure why he doesn't simply take this money and buys the lambo straight away Wink

STT

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Quote from: UserU on October 07, 2019, 09:21:46 AM

Well, looking at the ticket pool right now, I have a feeling a whale would win the Lambo. After all, it's like a leaderboard.

It wont be like that exactly, whales may register individually as having many tickets but there are possibly a million smaller holders. En mass the smaller ticket holder represents a greater proportion and more likely to show up as the winner. I expect its at least 50/50 between a large holder or someone with only a few tickets winning.

Quote

India

India has 40% of the population with some access to the internet. It really is unfortunate this is the case as they have some irregular economy which is making the actual cost of access quite low however the population is still not rich overall and many cannot get equipment to be online. China is not a free country, some countries block gambling if they do not pay taxes towards that government

The tale with some south american countries is they have been rich at one time or another but have suffered poor economies recently. I'm surprised Nigeria or somewhere doesnt show up more as I'm always getting email from there :p. Russia and large parts of eastern europe are quite empty comparatively. Kazakhstan is the same size as Europe with the population of 2 British cities.

hosseinimr93

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Quote from: JP Esq on October 07, 2019, 03:49:34 PM

Is there a problem with the India V South Africa and Pakistan V Sri Lanka betting?

Both matches have finished and yet the status is still "pending".

It's normal. Status of bets always becomes "pending" after the match ends.
According to what the website says, winners will be paid out within 48 hours after the match ends.
The last time I bet, I remember it took about half a day.

Indymoney

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Quote from: JP Esq on October 07, 2019, 03:49:34 PM

Is there a problem with the India V South Africa and Pakistan V Sri Lanka betting?

Both matches have finished and yet the status is still "pending".

Mostly this take some time so you have to wait hopefully in next few hours all will be settled because mostly I have my wins after 10 to 12 hours so wait all will be ok in next few hours.

JP Esq

newbie

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Is there a problem with the India V South Africa and Pakistan V Sri Lanka betting?

Both matches have finished and yet the status is still "pending".

docthusinh

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Quote from: SyGambler on October 07, 2019, 02:37:02 PM

I'm really failing to see why freebitcoin is giving away lambo tickets for people who are depositing , can't they just deposit and make a withdrawal after that ?
not sure if people who are gambling in the site like the way the tickets are getting distributed cause IMO it's not fair to gamblers

It's fair enough, which a gambler might normally desposit 0.01-0.02 but now they might increase the amount to 0.05, from a statistical view it already help increase wagering amount thus increased income for them.Out of 100% of the users deposited, it may need less than 1% of them to keep the coin there and managed to wager & lost is enough.

hosseinimr93

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Quote from: SyGambler on October 07, 2019, 02:37:02 PM

I'm really failing to see why freebitcoin is giving away lambo tickets for people who are depositing , can't they just deposit and make a withdrawal after that ?
not sure if people who are gambling in the site like the way the tickets are getting distributed cause IMO it's not fair to gamblers

It is possible to deposit, get free golden tickets and then withdraw all you had deposited.
It is not fair to those who get the tickets with gambling or buy them. But the reason why freebitco is doing this is clear. They are trying to tempt people. I am sure some of users will deposit and then gamble to withdraw more than they had deposited. Gambling is always tempting. A user who wants to deposit 0.03 and gamble will likely deposit 0.05 instead of 0.03 to receive a ticket too.
Even if all the people deposit and immediately withdraw, Freebitco lose nothing. Because there is no change in prize. The prize costs 200,000 dollar and number of tickets doesn't matter.

SyGambler

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I'm really failing to see why freebitcoin is giving away lambo tickets for people who are depositing , can't they just deposit and make a withdrawal after that ?
not sure if people who are gambling in the site like the way the tickets are getting distributed cause IMO it's not fair to gamblers

LTU_btc

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Quote from: hosseinimr93 on October 06, 2019, 08:55:52 AM

I just checked Freebitco's rank on Alexa. It ranks 2178th. It's great. I really didn't expected this.
Freebitco is now higher than bitcointalk (11139), blockchain.com (5675), bitcoin.org (11505), Bitsler (27526), Sportsbet (40294), Cryptocompare (12132), Cointelegraph (2378) and Coindesk (4636).

It's impressive stats for website which started just as faucet. Almost 30 millions registered users shows how big they are now. They have more users than giants like Bitcointalk, most exchanges, news websites, similar number like Binance or Coinbase. And I think it's safe to say that they are biggest player in crypto gambling industry.

Quote from: sana54210 on October 07, 2019, 11:57:21 AM

I guess when you are advertising on a website called "free" bitcoin, you can't really expect a lot of people with purchasing power would you? How can someone think to adveritse on freebitcoin to sell expensive stuff? It is not really possible to get whales around here, they do exist and we have seen people who gambled a ton of money and who bought a ton of tickets etc etc but the general population of the website must be a bit poorer people like me.

It's just FUD. First of all, it's not even possible to advertise on Freebitco.in - it's ad-free website.
Speaking about whales - please check stats how much BTC top players wager on Freebitco.in each month. If they aren't whales, then I don't know your definition of whale.
And last thing - TheQuin or wetsuit said that Freebitco want get rid image of just faucet website. They want to asociated with gambling first. They even planned to make rebranding.

hosseinimr93

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Quote from: sana54210 on October 07, 2019, 11:57:21 AM

I guess when you are advertising on a website called "free" bitcoin, you can't really expect a lot of people with purchasing power would you? How can someone think to adveritse on freebitcoin to sell expensive stuff? It is not really possible to get whales around here, they do exist and we have seen people who gambled a ton of money and who bought a ton of tickets etc etc but the general population of the website must be a bit poorer people like me.

You can however have a website that doesn't sell anything and just... exists, I don't know like a forum or a news website or whatever, and then you could advertise here, oh boy you could get soooo many people from here, there are unlimited amount of types of people coming here and I am sure whatever you are doing would get their interest eventually.

First of all, Freebitco does not advertise any thing.
Second, Freebitco is not only a faucet website. It is now one of the biggest (likely biggest) gambling platforms.

Check "Stats" on their website. You'll see how many gamblers and whales there are.
Their rank on Alexa is now 2207. Very few crypto-related websites have more traffics than freebitco.

sana54210

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I guess when you are advertising on a website called "free" bitcoin, you can't really expect a lot of people with purchasing power would you? How can someone think to adveritse on freebitcoin to sell expensive stuff? It is not really possible to get whales around here, they do exist and we have seen people who gambled a ton of money and who bought a ton of tickets etc etc but the general population of the website must be a bit poorer people like me.

You can however have a website that doesn't sell anything and just... exists, I don't know like a forum or a news website or whatever, and then you could advertise here, oh boy you could get soooo many people from here, there are unlimited amount of types of people coming here and I am sure whatever you are doing would get their interest eventually.

UserU

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Quote from: dunfida on October 07, 2019, 08:41:33 AM

Whales would really always have the advantage not only to these raffles or promotions but also on all sorts of contest.They do always have the edge but it doesnt mean
that small players wouldnt have the chance on hitting that lambo.Yes, its small but at least you do have the chance and who knows if you do able to snatch that golden chance.

Well, looking at the ticket pool right now, I have a feeling a whale would win the Lambo. After all, it's like a leaderboard.

I'd love to get myself a ticket but sadly I can't fulfil any criteria *cries in broke*

dunfida

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Quote from: MFahad on October 07, 2019, 06:14:57 AM

Quote from: hosseinimr93 on October 07, 2019, 05:53:59 AM

Quote from: UserU on October 07, 2019, 05:42:16 AM

Quote from: tistoni on October 07, 2019, 04:43:13 AM

Can I get free Lamborghini without risking losing anything?

Nope, you must wager at least 0.005 BTC to get 1 golden ticket, buy one or deposit 0.05 BTC.

You can get 1 free Golden ticket for every 0.05 BTC you deposit. As you don't have to wager that, so the tickets you get are free tickets.
By the way, this opportunity is not always available.

So one golden ticket will cost you 0.05 BTC which is roughly 400 dollars. This is not a small amount and i do not think one ticket is enough to win a Lamborghini. There may be whales who may use more than a BTC to get few tickets and this will make our chances close to zero. (Those who do not have much money to invest)
For me, getting Lamborghini from freebitco is a dream which may never come true.

Whales would really always have the advantage not only to these raffles or promotions but also on all sorts of contest.They do always have the edge but it doesnt mean
that small players wouldnt have the chance on hitting that lambo.Yes, its small but at least you do have the chance and who knows if you do able to snatch that golden chance.

NABiT

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Quote from: MFahad on October 07, 2019, 06:14:57 AM

Quote from: hosseinimr93 on October 07, 2019, 05:53:59 AM

Quote from: UserU on October 07, 2019, 05:42:16 AM

Quote from: tistoni on October 07, 2019, 04:43:13 AM

Can I get free Lamborghini without risking losing anything?

Nope, you must wager at least 0.005 BTC to get 1 golden ticket, buy one or deposit 0.05 BTC.

You can get 1 free Golden ticket for every 0.05 BTC you deposit. As you don't have to wager that, so the tickets you get are free tickets.
By the way, this opportunity is not always available.

So one golden ticket will cost you 0.05 BTC which is roughly 400 dollars. This is not a small amount and i do not think one ticket is enough to win a Lamborghini. There may be whales who may use more than a BTC to get few tickets and this will make our chances close to zero. (Those who do not have much money to invest)
For me, getting Lamborghini from freebitco is a dream which may never come true.

As I understand it the 0.05 is a deposit not a price but as already mentioned it is not always available, so far it has run for 48hrs from notification by email, in my case anyway.

MFahad

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Eloncoin.org - Mars, here we come!

Quote from: hosseinimr93 on October 07, 2019, 05:53:59 AM

Quote from: UserU on October 07, 2019, 05:42:16 AM

Quote from: tistoni on October 07, 2019, 04:43:13 AM

Can I get free Lamborghini without risking losing anything?

Nope, you must wager at least 0.005 BTC to get 1 golden ticket, buy one or deposit 0.05 BTC.

You can get 1 free Golden ticket for every 0.05 BTC you deposit. As you don't have to wager that, so the tickets you get are free tickets.
By the way, this opportunity is not always available.

So one golden ticket will cost you 0.05 BTC which is roughly 400 dollars. This is not a small amount and i do not think one ticket is enough to win a Lamborghini. There may be whales who may use more than a BTC to get few tickets and this will make our chances close to zero. (Those who do not have much money to invest)
For me, getting Lamborghini from freebitco is a dream which may never come true.

hosseinimr93

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Quote from: UserU on October 07, 2019, 05:42:16 AM

Quote from: tistoni on October 07, 2019, 04:43:13 AM

Can I get free Lamborghini without risking losing anything?

Nope, you must wager at least 0.005 BTC to get 1 golden ticket, buy one or deposit 0.05 BTC.

You can get 1 free Golden ticket for every 0.05 BTC you deposit. As you don't have to wager that, so the tickets you get are free tickets.
By the way, this opportunity is not always available.

UserU

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Quote from: tistoni on October 07, 2019, 04:43:13 AM

Can I get free Lamborghini without risking losing anything?

Nope, you must wager at least 0.005 BTC to get 1 golden ticket, buy one or deposit 0.05 BTC.

tistoni

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Can I get free Lamborghini without risking losing anything?

hosseinimr93

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Quote from: Kakmakr on October 07, 2019, 02:19:21 AM

It does make sense that most traffic are coming from countries where there are high unemployment and third world countries.

I don't think so.
India has higher unemployment rate than Russia and also much larger population.
The unemployment rate in India is 6% and in Russia is 4.3% [Ref.]. Also, the population of India is 10 times the population of Russia [Ref.]. But we don't see India in third top visitors of freebitco.

Kakmakr

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Quote from: Betwrong on October 07, 2019, 01:43:46 AM

Quote from: hosseinimr93 on October 06, 2019, 08:55:52 AM

I just checked Freebitco's rank on Alexa. It ranks 2178th. It's great. I really didn't expected this.
Freebitco is now higher than bitcointalk (11139), blockchain.com (5675), bitcoin.org (11505), Bitsler (27526), Sportsbet (40294), Cryptocompare (12132), Cointelegraph (2378) and Coindesk (4636).

After seeing your post I also checked FreeBitco.in's data on Alexa, and what surprised me was the Audience Geography:

Maybe it varies from one month to another, because it's hard to believe that India and China are not among the main sources of the traffic. I know that most of Google's services and social media like Facebook are blocked in China, and can't be accessed without VPN. Is it possible that they don't have access to Freebitco.in as well?

It does make sense that most traffic are coming from countries where there are high unemployment and third world countries. This also explains why Ad companies were not very keen to pay for traffic that are coming from these areas. The Ad companies wants exposure to visitors with buying power and most of these people do not fall into that section.

This is also why Freebitco.in moved over to a more gambling oriented income to fund the faucet and other expenses for the site. It does not however make sense from a gambling perspective, because those countries are not really large gamblers.. right. Huh

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