FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1143.

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Quote from: Betwrong on May 05, 2019, 03:49:38 AM

Seeing how many tickets are bought already

and that 179 days left until the end of the contest makes me wonder what if, say, over a million tickets will be bought in the end?

I mean 0.00025 BTC, the price of one ticket, is $1.43 currently, and

1.43 × 227153 = 324,828.79

So it is over $320k in the prize pool already although the contest has barely started. It is very likely that there will be over $1 million in the prize pool. Can we expect more than one Lamborghini then?

It's a lot lesser, the same wagered BTC gives the tickets for the normal lottery and the Lambo lottery. So a lot less "earning" they got so far.

Also, OT I'm working hard of referrals now, hoping a millionaire will join with my link Cheesy

TheQuin

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Quote from: DarkStar_ on May 06, 2019, 11:25:15 PM

@TheQuin, do you know if Freebitco.in serves requests from any domains other than these?
~

This is the full list of subdomains currently.

Code:

captchas2.freebitco.in
captchas.freebitco.in
lwcdn.freebitco.in
s10.freebitco.in
s11.freebitco.in
s12.freebitco.in
s13.freebitco.in
s14.freebitco.in
s15.freebitco.in
s16.freebitco.in
s17.freebitco.in
s18.freebitco.in
s1.freebitco.in
s2.freebitco.in
s3-2.freebitco.in
s3.freebitco.in
s4.freebitco.in
s5.freebitco.in
s6.freebitco.in
s7.freebitco.in
s8.freebitco.in
s9.freebitco.in
sendycdn.freebitco.in
sendy.freebitco.in
sirv.freebitco.in
ws.freebitco.in
wsnew.freebitco.in
bet.freebitco.in
ex.freebitco.in
fbtc-audio.freebitco.in
fbtc-uab.freebitco.in
image_proxy.freebitco.in
ipv6.freebitco.in
lottery-lists.freebitco.in
mining.freebitco.in
nocookie.freebitco.in
promo.freebitco.in
sirv2.freebitco.in
static10.freebitco.in
static1.freebitco.in
static2.freebitco.in
static3.freebitco.in
static4.freebitco.in
static5.freebitco.in
static6.freebitco.in
static7.freebitco.in
static8.freebitco.in
static9.freebitco.in
static.freebitco.in
tracking.freebitco.in
www.freebitco.in
www.ipv6.freebitco.in.

There might be more added so if possible I would use a wildcard *.freebitco.in instead.

Quote from: Kakmakr on May 07, 2019, 02:16:14 AM

Freebitco.in is very close to many of us and it can be compared to someone losing their Bitcoin virginity for the first time. That first experience will always be special. Tongue

No comment.

Quote from: StarofBTC on May 07, 2019, 12:19:59 AM

In any case 0.5 in less than a week must feel good,

It would feel better if it extrapolated out to more than half a Lambo. Grin

Quote from: ?? on ??

Why didn't I get the reward for betting on Cerrone vs IAQUINTA? I bet on Cerrone, he won, but I didn't got my BTC reward? What happened?

We are having some administrative difficulties with the betting at the moment. Don't worry, all bets will be settled.

Betwrong

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Quote from: Thirdspace on May 06, 2019, 06:28:07 PM

~

Quote from: Betwrong on May 06, 2019, 03:09:49 AM

I have been reading this thread for years, and what I have noticed is that your referral program is what being abused by various scammers the most. I think maybe you are too generous with your referral commission rates
~
I have a feeling that you are constantly being robbed by the abusers of your referral program.

freebitco.in has a 5% house edge, so I think those % in referral program are still proportional
and most likely they use it again to play dice, bet, lottery and then lose it back to house Tongue

I've never thought about it this way, but now it makes perfect sense to me. Indeed the 5% hose edge can be justified, apart from by the hourly faucet giving from $0.002 to $200(about which we all know of course), by this generous referral program. Thus my suggestion of reconsidering it will hardly be accepted, and rightly so. Indeed it's not that simple to suggest an improvement for a perfectly balanced system.

Kakmakr

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Quote from: buwaytress on May 06, 2019, 03:43:26 AM

Hey guys! This took a little while, but thanks to wetsuit for agreeing to the interview (and of course thanks to TheQuin for arranging things!), appreciate the candour, looking forward to reporting about the winner in about 6 months from now! The article is here.

@Kakmakr, assuming that the house takes the edge from wagers, then every 0.005 BTC wagered gives the house 0.00025 BTC in earnings (on a 5% Multiply edge). Of course, we'll assume they have to pay ref fees etc etc but I think it's fair to say that Lambo's already paid for itself;)

Holy cow! I would have never thought that I would see the day that Wetsuit would agree to an interview, so get 1 merit point from me for that effort. Wink

I hoped for some more details on how the site is doing and actual statistics on it's active membership, but this is a good start. Wink

Freebitco.in is very close to many of us and it can be compared to someone losing their Bitcoin virginity for the first time. That first experience will always be special. Tongue

StarofBTC

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Well, I didn't think about that one, then yeah it will probably take about 6 months to be truthful, I was considering most of the money would probably come from either people betting (which considering the house edge probably would profit you more than actually buying the ticket) or would be direct purchases, I didn't know any other option could be used but yeah the free rolls and referral income would probably be used as well.

I have directly purchased myself (even though a small amount) and that is why I wasn't focusing on other options. In any case 0.5 in less than a week must feel good, I know it won't continue like this forever but I am pretty sure since this money would be money you would already pay for to people instead of everyone this will make it to just one person and you guys probably will be about break even levels (a bit lower a bit higher) when 6 months ends.

DarkStar_

legendary

Activity: 2772

Merit: 3284

@TheQuin, do you know if Freebitco.in serves requests from any domains other than these?

Code:

freebitco.in
www.freebitco.in
static1.freebitco.in
static2.freebitco.in
static3.freebitco.in
static4.freebitco.in
static5.freebitco.in
static6.freebitco.in
static7.freebitco.in
static8.freebitco.in

My DNS adblocking has a list that includes the freebitco.in domains and I'm trying to make sure I have everything whitelisted. I'm pretty sure I caught everything but I figured I'd ask.

docthusinh

jr. member

Activity: 225

Merit: 4

Quote from: Thirdspace on May 06, 2019, 06:28:07 PM

Quote from: TheQuin on May 06, 2019, 12:38:48 AM

~
Edit: wetsuit just updated me on the current split.
So far we have sold 0.5 BTC worth of tickets and given away 67 BTC in tickets.

the cheapest Lamborgini Huracan is around 200k
to break even solely from sold tickets it would take ~33.33 BTC (@$6k/BTC) ~133,333 paid tickets
still long way to go if wetsuit depends only paid tickets, which I believe he doesn't Wink

Quote from: Betwrong on May 06, 2019, 03:09:49 AM

I have been reading this thread for years, and what I have noticed is that your referral program is what being abused by various scammers the most. I think maybe you are too generous with your referral commission rates
~
I have a feeling that you are constantly being robbed by the abusers of your referral program.

freebitco.in has a 5% house edge, so I think those % in referral program are still proportional
and most likely they use it again to play dice, bet, lottery and then lose it back to house Tongue

Those sites even with 1% edge is still in profit and they also having promotion event, with them 5% less 1% and 0.4% (assume that this 1.4% will not be reused to gamble again) then with the remaining 2.6% there still alot of ready to take out profit & reservation for risk of the edge may drop below 5% sometimes & reservation for a very small portion for payment to "only to get free thing people".

"Too generous" is what cause branding effect to their site that fit their marketing purpose thus gaining users, the more they give..the more they take. This is also a core statement for old users to encourage new people to get in as their referals, you may search around the internet to see how many of those videos trying to get referals without mentioning the "generous program"..none of them lol. And also we can't conclude until at least someone have a chance to look at their balance sheet daily/weekly/monthly lol.

Thirdspace

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Quote from: TheQuin on May 06, 2019, 12:38:48 AM

~
Edit: wetsuit just updated me on the current split.
So far we have sold 0.5 BTC worth of tickets and given away 67 BTC in tickets.

the cheapest Lamborgini Huracan is around 200k
to break even solely from sold tickets it would take ~33.33 BTC (@$6k/BTC) ~133,333 paid tickets
still long way to go if wetsuit depends only paid tickets, which I believe he doesn't Wink

Quote from: Betwrong on May 06, 2019, 03:09:49 AM

I have been reading this thread for years, and what I have noticed is that your referral program is what being abused by various scammers the most. I think maybe you are too generous with your referral commission rates
~
I have a feeling that you are constantly being robbed by the abusers of your referral program.

freebitco.in has a 5% house edge, so I think those % in referral program are still proportional
and most likely they use it again to play dice, bet, lottery and then lose it back to house Tongue

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

Quote from: pinoycash on May 06, 2019, 06:14:51 AM

Quote from: Betwrong on May 04, 2019, 08:44:54 AM

I just spotted the following in TERMS & CONDITIONS for the Golden Ticket contest:

Quote

The winner can also opt to receive US$200,000 in lieu of the car, paid in bitcoins using the exchange rate after the lottery drawing has been done.

That's actually a very good thing because not all of us can afford paying the excess shipping costs and any applicable taxes or fees, but $200,000 in BTC wouldn't hurt anyone for sure.

Now I can sleep with a peaceful mind not worrying about all those taxes and stuff.

In this case i will probably prefer to get paid in cold cash rather than a lambo that i cannot drive due to road condition at my country Cheesy

Specially the taxes and custom duties that cost almost the same price of the current market price of each lambo. Not worth it Cheesy

That's probably what 99% of the people will do and not necessarily because they don't have a driving license or because they can't drive the car in their countries. The thing is most people that are using this website are not rich meaning a lambo would not fit them and cash will be much more helpful for them since they could spend it on buying anything they want, including a pretty luxurious car.

uray

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Activity: 1400

Merit: 505

Quote from: docthusinh on May 06, 2019, 09:49:31 AM

Yes, drive out/ get it wheel spin on the street in our country..the total cost would be 600k USD ++ (including 200% import tax & 10% VAT tax & insurrance & fees etc...)..Someone here if they win and there is no cash option then he will need to prepare 400k USD to get a 200k USD prize lol.

The import tax is a real bummer even if you won any prize and no one will opt for that option as the tax levied are huge and the maintenance charges and the money you have to spend for insurance is another hurdle, it is better to get a cash prize than opting for other exotic options.

Quote from: LUCKMCFLY on May 06, 2019, 12:24:48 PM

Always in Freebitcoin offers great opportunities to win, previously I bought many tickets, but I have not had the luck to win, however, the prizes are now much more juicy, this is still a platform that continues to grow.

The prize money is really juicy right now and it has being a long time since i played in freebitcoin, will try my luck, i have played in the past but never won anything substantial.

LUCKMCFLY

legendary

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Leading Crypto Sports Betting & Casino Platform

Always in Freebitcoin offers great opportunities to win, previously I bought many tickets, but I have not had the luck to win, however, the prizes are now much more juicy, this is still a platform that continues to grow.

There are many platforms that offer live awards, where they interact directly in meeting with users, and every time it is done they give out gifts in Satoshis, this is something that really attracts. I applaud these efforts for the gaming platforms, I believe that the development not only in Blockchain is given through the games of Chance, the money that every day is played is representative and people have fun.

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: Betwrong on May 05, 2019, 03:49:38 AM

Seeing how many tickets are bought already

and that 179 days left until the end of the contest makes me wonder what if, say, over a million tickets will be bought in the end?

I mean 0.00025 BTC, the price of one ticket, is $1.43 currently, and

1.43 × 227153 = 324,828.79

So it is over $320k in the prize pool already although the contest has barely started. It is very likely that there will be over $1 million in the prize pool. Can we expect more than one Lamborghini then?

Other sites offer same thing as well but I do not know how is this exactly going to work. It is like a normal lottery of course but with bigger prize because it is a lambo that we are talking about. And if lambo prize $300k and prizepool is having $1 mil. They are going to take $700k in bitcoin ang will continue on this lambo prize again in the next 6 months? I would like to see who is going to win this. I seldom see any real player that winning good thing here

docthusinh

jr. member

Activity: 225

Merit: 4

Quote from: pinoycash on May 06, 2019, 06:14:51 AM

Quote from: Betwrong on May 04, 2019, 08:44:54 AM

I just spotted the following in TERMS & CONDITIONS for the Golden Ticket contest:

Quote

The winner can also opt to receive US$200,000 in lieu of the car, paid in bitcoins using the exchange rate after the lottery drawing has been done.

That's actually a very good thing because not all of us can afford paying the excess shipping costs and any applicable taxes or fees, but $200,000 in BTC wouldn't hurt anyone for sure.

Now I can sleep with a peaceful mind not worrying about all those taxes and stuff.

In this case i will probably prefer to get paid in cold cash rather than a lambo that i cannot drive due to road condition at my country Cheesy

Specially the taxes and custom duties that cost almost the same price of the current market price of each lambo. Not worth it Cheesy

Yes, drive out/ get it wheel spin on the street in our country..the total cost would be 600k USD ++ (including 200% import tax & 10% VAT tax & insurrance & fees etc...)..Someone here if they win and there is no cash option then he will need to prepare 400k USD to get a 200k USD prize lol.

buwaytress

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Quote from: TheQuin on May 06, 2019, 03:50:19 AM

You're welcome and thanks to BitcoinNews.com for giving us the exposure.

You're not taking into account that that amount would mostly have been wagered anyway and pays the faucet and everything else. To pay for the Lambo it has to be an increase in wagered amount caused by the Lambo contest.... which is, of course, impossible to measure.

Pleasure's ours. We don't have the resources to go all out and find every great story there is out there, and this site was one of the earliest names I'd known about when first getting acquainted with Bitcoin. In my eyes, anyway, that's its own fair share of contribution to Bitcoin awareness. And behind it a small passionate team, which is really all the tiny parcels of what's driving this larger community.

And yes, of course, I forget, without the Lambo even people are already wagering. I suppose it would be interesting to see just how much more tickets in the normal lotto are gained than in usual weeks. My guess is significantly more!

pinoycash

hero member

Activity: 1316

Merit: 514

Quote from: Betwrong on May 04, 2019, 08:44:54 AM

I just spotted the following in TERMS & CONDITIONS for the Golden Ticket contest:

Quote

The winner can also opt to receive US$200,000 in lieu of the car, paid in bitcoins using the exchange rate after the lottery drawing has been done.

That's actually a very good thing because not all of us can afford paying the excess shipping costs and any applicable taxes or fees, but $200,000 in BTC wouldn't hurt anyone for sure.

Now I can sleep with a peaceful mind not worrying about all those taxes and stuff.

In this case i will probably prefer to get paid in cold cash rather than a lambo that i cannot drive due to road condition at my country Cheesy

Specially the taxes and custom duties that cost almost the same price of the current market price of each lambo. Not worth it Cheesy

TheQuin

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Activity: 2576

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Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: buwaytress on May 06, 2019, 03:43:26 AM

Hey guys! This took a little while, but thanks to wetsuit for agreeing to the interview (and of course thanks to TheQuin for arranging things!), appreciate the candour, looking forward to reporting about the winner in about 6 months from now! The article is here.

@Kakmakr, assuming that the house takes the edge from wagers, then every 0.005 BTC wagered gives the house 0.00025 BTC in earnings (on a 5% Multiply edge). Of course, we'll assume they have to pay ref fees etc etc but I think it's fair to say that Lambo's already paid for itself;)

You're welcome and thanks to BitcoinNews.com for giving us the exposure.

You're not taking into account that that amount would mostly have been wagered anyway and pays the faucet and everything else. To pay for the Lambo it has to be an increase in wagered amount caused by the Lambo contest.... which is, of course, impossible to measure.

buwaytress

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Hey guys! This took a little while, but thanks to wetsuit for agreeing to the interview (and of course thanks to TheQuin for arranging things!), appreciate the candour, looking forward to reporting about the winner in about 6 months from now! The article is here.

@Kakmakr, assuming that the house takes the edge from wagers, then every 0.005 BTC wagered gives the house 0.00025 BTC in earnings (on a 5% Multiply edge). Of course, we'll assume they have to pay ref fees etc etc but I think it's fair to say that Lambo's already paid for itself;)

Betwrong

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Quote from: TheQuin on May 06, 2019, 12:38:48 AM

Quote from: StarofBTC on May 05, 2019, 11:58:36 PM

This is getting super crazy, I know it supposed to be 6 months and it would make you guys super rich if you continue to do this for 6 more months because it will be millions of dollars when it ends however we are already over the prize amount, 200 thousand dollars was the amount you said you would credit (if we opt for cash instead of the car) and you are already over 200 thousand dollars today and its only 4th of may. I can't believe how many people and how many tickets are in this already.

Would you consider cutting it short because of the number of tickets sold or will you continue to wait that said 6 month period just in case? I can't believe we just talked about what would happen if you guys can't sell 200 thousand dollar worth of tickets and here you are breaking that on your 4th day. This is surreal.

As Kakmakr just explained above we are giving away most of the tickets. Even a lot of the tickets that are being bought are being paid with Bitcoin from the faucet and referral income (which comes from us).

Edit: wetsuit just updated me on the current split.
So far we have sold 0.5 BTC worth of tickets and given away 67 BTC in tickets.

I have been reading this thread for years, and what I have noticed is that your referral program is what being abused by various scammers the most. I think maybe you are too generous with your referral commission rates

and although it could be a good marketing move in the beginning, maybe it's time to reconsider your policy regarding referrals.

I have a feeling that you are constantly being robbed by the abusers of your referral program.

TheQuin

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Activity: 2576

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Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: StarofBTC on May 05, 2019, 11:58:36 PM

This is getting super crazy, I know it supposed to be 6 months and it would make you guys super rich if you continue to do this for 6 more months because it will be millions of dollars when it ends however we are already over the prize amount, 200 thousand dollars was the amount you said you would credit (if we opt for cash instead of the car) and you are already over 200 thousand dollars today and its only 4th of may. I can't believe how many people and how many tickets are in this already.

Would you consider cutting it short because of the number of tickets sold or will you continue to wait that said 6 month period just in case? I can't believe we just talked about what would happen if you guys can't sell 200 thousand dollar worth of tickets and here you are breaking that on your 4th day. This is surreal.

As Kakmakr just explained above we are giving away most of the tickets. Even a lot of the tickets that are being bought are being paid with Bitcoin from the faucet and referral income (which comes from us).

Edit: wetsuit just updated me on the current split.
So far we have sold 0.5 BTC worth of tickets and given away 67 BTC in tickets.

StarofBTC

hero member

Activity: 1148

Merit: 528

This is getting super crazy, I know it supposed to be 6 months and it would make you guys super rich if you continue to do this for 6 more months because it will be millions of dollars when it ends however we are already over the prize amount, 200 thousand dollars was the amount you said you would credit (if we opt for cash instead of the car) and you are already over 200 thousand dollars today and its only 4th of may. I can't believe how many people and how many tickets are in this already.

Would you consider cutting it short because of the number of tickets sold or will you continue to wait that said 6 month period just in case? I can't believe we just talked about what would happen if you guys can't sell 200 thousand dollar worth of tickets and here you are breaking that on your 4th day. This is surreal.

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1143. (Read 566728 times)