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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1136. (Read 566745 times)

legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
I'm pleased to announce that you can now make instant and slow withdrawals to bech32 addresses.


Just a pity I signed up here with a service that does not allow me to sign my Bitcoin address or I would have changed my Bitcoin address in the blink of an eye. Luckily for me, I do not withdraw bitcoins frequently from this site, so the higher fees that I have to pay for the withdrawals will not matter to me.

The service I am using has no plans to implement bech32 addresses, so I am stuck with them for now.  Roll Eyes  Bitcoin has their fair share of politics and this is just one example of that.  Tongue



hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
And do I get to pick my Lamborghini's colour?  Cool
Probably yes. Freebitco.in haven't bought Lambo so far in case if winner will want to take money instead of car. So, I think that they will let to choose color of car.

Any colour you like (if Lambo do it).



edit: I see Auto Withdraw's fee is limited to 3k sats. That's good but I don't know how long you can sustain it especially when btc hits $50k.

It was only during the last bull run when fees were extremely high that we introduced any fee at all on auto-withdraw. We will only increase that fee if costs increase to force us to.



This way is also not fair enough,

I think you are confusing your likes and dislikes with fairness.

Nope, I really do like it but somehow it does not make any sense to me when you do in that way. It will be just the same as the first time you set it in the end of month. 23th and 30th will be just one week difference so it does not make any huge difference unless there is some pump and dump like what I said before

What has that got to do with fairness?

I just explained and gave examples. Bitcoin can and has moved by large amounts in less than a week many times. There is an obvious advantage to closing betting when the market still has time to change the outcome rather than letting people pile in with huge bets at 23:59 on the day it is decided. No, it isn't the same.


So you are saying that if we bet the first time, that odds from my first bet will be locked? So any changes later on near end of the time limit will never affect on my bet?

NO!!!!! That is clearly not what I said. I said that you get a bigger time weight multiplier and that is not pointless.


I will win the current odds 2.67x?

NO!!!!!! You will win your share of all the bets placed on other outcomes at the end with the time weight multiplier at the time you bet applied.
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
And do I get to pick my Lamborghini's colour?  Cool
Probably yes. Freebitco.in haven't bought Lambo so far in case if winner will want to take money instead of car. So, I think that they will let to choose color of car.
legendary
Activity: 3276
Merit: 2442
I'm pleased to announce that you can now make instant and slow withdrawals to bech32 addresses.


Finally.

I hope you implement Lightning Network too. The withdrawal fee is 6.8k satoshi right now. Not too bad but not too bright neither. Soon it will be pointless to use on-chain faucets because nobody will have enough funds to withdraw and pay the transaction fees.

edit: I see Auto Withdraw's fee is limited to 3k sats. That's good but I don't know how long you can sustain it especially when btc hits $50k.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Where we can find more information on this promo " Win a Lamborghini Huracan" ?
You can find in their site in section golden ticket

https://ibb.co/zGtGthd

https://ibb.co/n6LJWpw

https://ibb.co/Jn8ht3q
This is a strange way to post a "guide" ! Shocked
Just screenshots from what appears to be a phone-orientation? And do I get to pick my Lamborghini's colour?  Cool
member
Activity: 317
Merit: 10
Where we can find more information on this promo " Win a Lamborghini Huracan" ?
You can find in their site in section golden ticket

https://ibb.co/zGtGthd

https://ibb.co/n6LJWpw

https://ibb.co/Jn8ht3q
legendary
Activity: 1834
Merit: 1008
This way is also not fair enough,

I think you are confusing your likes and dislikes with fairness.

Nope, I really do like it but somehow it does not make any sense to me when you do in that way. It will be just the same as the first time you set it in the end of month. 23th and 30th will be just one week difference so it does not make any huge difference unless there is some pump and dump like what I said before


it will be pointless to have people bet on the start as well. For example if they bet on lower odds which is possible the highest chance to win but it close on 23th June.

It isn't pointless to bet at the start and get a near 100x time weighting.

So you are saying that if we bet the first time, that odds from my first bet will be locked? So any changes later on near end of the time limit will never affect on my bet?

unless there is suddenly a very huge pump and dump? To have 23th or 30th will just be the same, in a week range does not have much different because the gap that you make is far too safe which people will consider to bet on the safest point here.

Bitcoin moved from $6200 to $8200 between the 10th and 14th of May. Sharp movements in Bitcoin price within a week are common and a pullback to below $6000 was still very possible between betting closing on the 23rd and end date of the 31st.

That is why I am saying, it does not really change too much if the price later will be bounce back. Anyway, I just checked out that you have update the new bet options here using exact fix price. There is no more huge gap anymore. If I choose to bet on $10,000, any number around that will turn out to be the winner? Example $10,100, I will win the current odds 2.67x?
legendary
Activity: 2464
Merit: 1037
Oldschool!
Where we can find more information on this promo " Win a Lamborghini Huracan" ?
sr. member
Activity: 910
Merit: 252
I have done some betting for testing in past but i am not finding any betting history i think they have to show the betting history . Usually how long it will take to credit betting winnings.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
I'm pleased to announce that you can now make instant and slow withdrawals to bech32 addresses.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Anyone care to share bets made at 99x weight and at 0 weight so we can compare what the differences would have been? Might get more interest and more people too! I think someone did make a suggestion to add some estimations calculator so yeah that could be something interesting as well. Guess a lot of us stood by the sidelines for a while, (although I made a bet just out of curiosity).
sr. member
Activity: 1176
Merit: 301
Quote
Early bets have a higher weight and will get a bigger share of the prize pool!

Thats fair enough, a few people have noted about the time factor and it being advantageous to delay the bet otherwise but if early bird rule is in effect that counters it.     I used to see this with sports betting quite alot, people would swoop in last minute with a bet which causes some problems.  



Bitcoin is very unpredictable,   I was so sure it would hang around 6000 area for far longer.   This I dont understand.    I made a deposit to take advantage of the interest on the site which I dont often do.   When its this irrationally positive it makes sense to just save and take in the scenery as we rise Tongue , last time I decided this as a policy was Feb 2017 so hopefully Im similarly correct longer term.
Well that is how things go early bets should really have a bigger share compare to those last minute bets,
Because there are times that we could almost see the winning team .
If I am not mistaken you could put up a bet even when the game had started right?
So it would be much more easy to predict.
STT
legendary
Activity: 4102
Merit: 1454
Quote
Early bets have a higher weight and will get a bigger share of the prize pool!

Thats fair enough, a few people have noted about the time factor and it being advantageous to delay the bet otherwise but if early bird rule is in effect that counters it.     I used to see this with sports betting quite alot, people would swoop in last minute with a bet which causes some problems.  



Bitcoin is very unpredictable,   I was so sure it would hang around 6000 area for far longer.   This I dont understand.    I made a deposit to take advantage of the interest on the site which I dont often do.   When its this irrationally positive it makes sense to just save and take in the scenery as we rise Tongue , last time I decided this as a policy was Feb 2017 so hopefully Im similarly correct longer term.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
This way is also not fair enough,

I think you are confusing your likes and dislikes with fairness.

it will be pointless to have people bet on the start as well. For example if they bet on lower odds which is possible the highest chance to win but it close on 23th June.

It isn't pointless to bet at the start and get a near 100x time weighting.

Dont you think it is best to wait them until last minutes to bet? The chance wont be drastically change,

The whole point is you have to make that trade-off between getting a high time weight multiplier and having more information to base your bet on. It is simply a choice.

unless there is suddenly a very huge pump and dump? To have 23th or 30th will just be the same, in a week range does not have much different because the gap that you make is far too safe which people will consider to bet on the safest point here.

Bitcoin moved from $6200 to $8200 between the 10th and 14th of May. Sharp movements in Bitcoin price within a week are common and a pullback to below $6000 was still very possible between betting closing on the 23rd and end date of the 31st.

Why dont you make more options to bet instead of the range spare. May be a prediction like in couple of hours or minutes, it is faster and have a better odds

I did make more options. Have a loke a the options on the June bet.
When we put the May bet up Bitcoin price had been quite stable since December last year. I didn't see the bull run coming so soon so we were a little caught out and didn't have sufficient options on the May bet.
legendary
Activity: 1834
Merit: 1008
but we have 30days, everything can happen so is safer to wait the last day and set a little higher "safe bet" on the best range, that range on the last day will have probably a range near 1.1
So base on what you said If I bet now 1 BTC on bitcoin with odds 3.71 as 1st picture and I will win my bet is not locked with that odds but if I will win I will get something around 1.2?

I thought of that which is why I set betting to close on the 23rd of the Month.

This way is also not fair enough, it will be pointless to have people bet on the start as well. For example if they bet on lower odds which is possible the highest chance to win but it close on 23th June. Dont you think it is best to wait them until last minutes to bet? The chance wont be drastically change, unless there is suddenly a very huge pump and dump? To have 23th or 30th will just be the same, in a week range does not have much different because the gap that you make is far too safe which people will consider to bet on the safest point here. Why dont you make more options to bet instead of the range spare. May be a prediction like in couple of hours or minutes, it is faster and have a better odds
legendary
Activity: 1554
Merit: 1054
On top of all of that we should also consider the fact that "betting" is something new in freebitcoin, I am sure there will be more games there will be more shows and there will be more stuff that we can bet on in the future, right now it is quite limited and it is kind of like in beta stage right now. When everything is said and done we are going to have a betting section that is delicious and we will be capable of at least getting used to it since it will be much more stable when it comes to it.

Something like sportsbetting on a football match and something like a tv show ending is totally different so it is not really that disappointing that it ended this way (unlike the show which was super disappointing). A year from now we will probably talk about how freebitcoin is amongst the top websites for betting too.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Oh my god guys why did everyone have to put spoilers all over the place? I was planning to see if I would do this Game of Thrones thing on the weekend but seriously, we have sore winners who put it all over the thread and many times too!

I guess now the next discussion is. Was the odds really 2/1 (or so it seems from the posting)? I thought Bran payouts were much bigger than that. So are the bets system working out for everyone? Anyone know what's the difference a 99x and 1x weight applied to winnings?
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
Well, 99% of websites work on that way or I'm wrong? When you click you get a fixed odds (I'm talking about huge bookmakers like William hill, bet365 etc), so I think is a normal expectation.

Bookmakers do indeed work that way. This is player versus player betting, not bookmaking.

As I just said:

Quote
Bet on the latest events against other FreeBitco.in users and win a share of the prize pool if you pick the winner!

Early bets have a higher weight and will get a bigger share of the prize pool!

I think that made it clear how it worked. There is no mention of fixed odds, it just tells you that the prize pool will be shared at the end which obviously means that your share will also depend on what bets are placed after yours.

We told you how it worked.
legendary
Activity: 2604
Merit: 1517
#1 VIP Crypto Casino
When I put a bet is expected that my bet is locked with the odds at the moment of my click.

I don't know where you got that expectation from.


Well, 99% of websites work on that way or I'm wrong? When you click you get a fixed odds (I'm talking about huge bookmakers like William hill, bet365 etc), so I think is a normal expectation.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2

I thought of that which is why I set betting to close on the 23rd of the Month.

This helps but doesn't resolve the situation,

It certainly helps those who bet on $5,501 - $6,000 at 86.50x at the end if Bitcoin dips below $6000 briefly at the end of the month. A lot of people have underestimated the risk of that happening and piled in thinking above $6000 is a sure thing.

the same is with the Uefa champions league where I bet with good odds.
If the odds now will go down and my bet has no odds locked, I will lose only money.

When I put a bet is expected that my bet is locked with the odds at the moment of my click.

I don't know where you got that expectation from.

There is no point at all to do a bet with a high multiplier if in the end the odds when the high multiplier was active changes when we are close to the deadline... and this is very misleading to me.

Looking at the payouts on the events so far the early bettors have done very well compared to the late bets.

(Yeah I know now I probably already lost money on next champions league final since my odds are not locked and everyone is betting on last 2 teams and odds are quickly going down/changing)

If you only bet on the winner then you can't lose. If you hedged your bets because you saw the current odds meant you couldn't lose if you backed both Liverpool and Spurs then you should have stopped and thought about it for a moment. There is no such thing a guaranteed win.
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