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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1198. (Read 559567 times)

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Onto the topic, I think yes it would be good to see the house edge a bit lower and people would be more interested, if you can get everything with just a 3% edge then that's even better than the 5%.

That's 40% reduction in income. That would mean a 40% reduction in spending. That would mean we were just like all the other sites.


But when your chef quits you have to change the way you run things to keep up your reputation Grin.
I apologise for touching some sort of soft spot here but clearly, reducing the house edge to 3% would make it a greater site to play on and also mean you'd giveaway more lottery tickets, meaning, if people buy them, you go in profit if they try and get the same percentage each round or something.

He hasn't quit, he's taken on extra help as his business model works so well it is now too much work for him alone.

Nope, you will not be like all the other sites, you will be in a better position to be competitive with them. A 1% reduction will already place you in a better position to compete with other gambling sites. When you changed the business model from a faucet site to a gambling site, you effectively changed the original concept and the original goal for this site.

When you were mostly a faucet, you had to subsidize the faucet payouts with the gambling income, but now you are re-defining yourself as a gambling site and that changes your target market. Gamblers wants a low house edge and a fun experience.   Roll Eyes
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
No there isn't a way to cancel it. Their support told me that in 2015 anyway when I accidnetally withdrew my doge to the wrong address Sad.
thought so. oh well, I'll just have to send it back to my deposit address Cool

Doge works slightly different. On Freebitco.in you can just not acknowledge the email and it will cancel.


Yea, count is all zeros at the moment, so it was not reset after the Lottery. http://prntscr.com/kv3mnn So, I think Wetsuit will
my total lottery ticket number was just resetted about an hour ago,
so it seems he (or the system) sets cut off time at 11:59:59 pm UTC time
was it intentionally changed and forgot to adjust the clock timer or just a glitch in the system?

It was a technical glitch and it just didn't trigger for some reason and needed to be done manually. It just means the last round was a little longer than usual.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
No there isn't a way to cancel it. Their support told me that in 2015 anyway when I accidnetally withdrew my doge to the wrong address Sad.
thought so. oh well, I'll just have to send it back to my deposit address Cool

Yea, count is all zeros at the moment, so it was not reset after the Lottery. http://prntscr.com/kv3mnn So, I think Wetsuit will
my total lottery ticket number was just resetted about an hour ago,
so it seems he (or the system) sets cut off time at 11:59:59 pm UTC time
was it intentionally changed and forgot to adjust the clock timer or just a glitch in the system?
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Yes, just don't click the link in the confirmation email and it will automatically cancel after one hour.
I never have to click any confirmation email to complete a withdraw Huh
is it because I use the same address from auto withdraw for my slow withdraw?
then in my case I guess there is no way to cancel it?
btw, it goes from pending (on site) to unconfirmed (on chain) in less than an hour

No there isn't a way to cancel it. Their support told me that in 2015 anyway when I accidnetally withdrew my doge to the wrong address Sad.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
Yes, just don't click the link in the confirmation email and it will automatically cancel after one hour.
I never have to click any confirmation email to complete a withdraw Huh
is it because I use the same address from auto withdraw for my slow withdraw?
then in my case I guess there is no way to cancel it?
btw, it goes from pending (on site) to unconfirmed (on chain) in less than an hour
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
At the moment tickets count for Lottery Round 172

Yea, count is all zeros at the moment, so it was not reset after the Lottery. http://prntscr.com/kv3mnn So, I think Wetsuit will just credit you for the tickets you spend on the Lottery and you can just use that for the next round. I received my Lottery ticket purchase amount back, the last time this happened.  Wink  This will mean the Lottery Jackpot will be much higher, if everyone just use that refund to buy tickets again.  Grin

Do we get the money from the tickets if we got them through the hi-lo game?
legendary
Activity: 1904
Merit: 1074
At the moment tickets count for Lottery Round 172

Yea, count is all zeros at the moment, so it was not reset after the Lottery. http://prntscr.com/kv3mnn So, I think Wetsuit will

just credit you for the tickets you spend on the Lottery and you can just use that for the next round. I received my Lottery

ticket purchase amount back, the last time this happened.  Wink  This will mean the Lottery Jackpot will be much higher, if

everyone just use that refund to buy tickets again.  Grin
member
Activity: 111
Merit: 10
At the moment tickets count for Lottery Round 172
sr. member
Activity: 672
Merit: 266
Is there a Problem with the Lottery?
Countdown is finished and no information on Twitter?

There does look to be some delay. I have alerted wetsuit but if that can't be rectified then we will do what we did the last time we had a technical failure on the lottery and refund all the tickets.

Yes, definitively something wrong with the lottery because countdown has ended and prizes still remain the same.
I didn't checked if tickets won after countdown has ended were added or not, hope they aren't lost between last week's ticket number that has ended and this week's ticket number that hasn't started yet.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
Is there a Problem with the Lottery?
Countdown is finished and no information on Twitter?

There does look to be some delay. I have alerted wetsuit but if that can't be rectified then we will do what we did the last time we had a technical failure on the lottery and refund all the tickets.
member
Activity: 111
Merit: 10
Is there a Problem with the Lottery?
Countdown is finished and no information on Twitter?
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
is there a way to cancel a pending slow withdrawal?
just right after I made a withdraw, I lost my left over balance Lips sealed this is the second time this month
the first time was a bit better, I can hold for 2-3 days before I busted Tongue
maybe just coincidence...  Roll Eyes

Yes, just don't click the link in the confirmation email and it will automatically cancel after one hour.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
is there a way to cancel a pending slow withdrawal?
just right after I made a withdraw, I lost my left over balance Lips sealed this is the second time this month
the first time was a bit better, I can hold for 2-3 days before I busted Tongue
maybe just coincidence...  Roll Eyes
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
Yes, I know that and thank you very much
but in the end they will stop playing because they lose
or if they win they will stop also to defend their victory, because if they continue to play in the end they will lose also by the house edge because gambling is about probability as you explained before

so honestly I prefer new referrals continuously, because as far as my experience new referrals make a much larger contribution and slowly decline until they finally stop.

Not all of them. Some gamble regularly for years on end.

what do you mean by "having a second person"?

Me  Cheesy

I taking a much more active role so that wetsuit has more time for strategy and development.
newbie
Activity: 23
Merit: 0
Yes
Maybe I'm not a big referral whales that have brought in huge income but I am also a referrer
What I feel is that there are no other sites that give a huge referrer income like this

But unfortunately botnets have ruined everything
I hope freebitco.in finds new innovations to prevent botnets more effectively without reducing referrer income

We actually increased referral commission rates from 0.25% to 0.40% of wagered amount recently. We certainly have no plans to reduce it and I think that if we did it would be unfair to those that have already invested in advertising us.

We're constantly working on better ways to combat the cheats and simply having a second person dealing with it is already yielding some good results.

Yes, I know that and thank you very much
but in the end they will stop playing because they lose
or if they win they will stop also to defend their victory, because if they continue to play in the end they will lose also by the house edge because gambling is about probability as you explained before

so honestly I prefer new referrals continuously, because as far as my experience new referrals make a much larger contribution and slowly decline until they finally stop.

------------------------------------------------------

what do you mean by "having a second person"?
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
Onto the topic, I think yes it would be good to see the house edge a bit lower and people would be more interested, if you can get everything with just a 3% edge then that's even better than the 5%.

That's 40% reduction in income. That would mean a 40% reduction in spending. That would mean we were just like all the other sites.


But when your chef quits you have to change the way you run things to keep up your reputation Grin.
I apologise for touching some sort of soft spot here but clearly, reducing the house edge to 3% would make it a greater site to play on and also mean you'd giveaway more lottery tickets, meaning, if people buy them, you go in profit if they try and get the same percentage each round or something.

He hasn't quit, he's taken on extra help as his business model works so well it is now too much work for him alone.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I second that  Wink  I think Wetsuit fine tuned this operation to the tee and any change in the house edge will unbalance the whole thing. Let's rather accept that a higher house edge is necessary to cross fund other features on the site and be done with it. We do not want a lower house edge with less features, right? Freebitco.in is a streamlined engine and too many tinkering will cause damage to the well oiled gears of the operation.  Tongue

Can we not start a new line mid sentence, it's causing me quite a headache.
But yeah in some ways it probably is quite streamlined, I think giving 0.4% of what is wagered is quite high but if it works then fine (I'd be up for the idea of reducing the referral bonus since thequin wants to attract noobs who probably won't find this site through others and are more likely to stumble across it in other places and on this forum)...

I disagree. Dropping the house edge will pull the customer base you should be targeting, not the faucet suckers that are sucking the place dry at the moment. Freebitco.in is not a faucet site anymore, so there is no reason why we should add higher referral bonuses to attract these non-gamblers.

I think gamblers are looking for sites with the lowest house edge and by dropping the house edge, we would be drawing in the target crowd that we should be targeting.  Wink

Thank you.

Onto the topic, I think yes it would be good to see the house edge a bit lower and people would be more interested, if you can get everything with just a 3% edge then that's even better than the 5%.

I agree. It's like reducing the prices of meals in a well established expensive restaurant at the expense of food quality. Nobody does that, although it may seem like lowering the prices can attract more customers.

It's extremely hard to find a good working business model. And once you've found it, you shouldn't make critical changes while it works perfectly.

But when your chef quits you have to change the way you run things to keep up your reputation Grin.
I apologise for touching some sort of soft spot here but clearly, reducing the house edge to 3% would make it a greater site to play on and also mean you'd giveaway more lottery tickets, meaning, if people buy them, you go in profit if they try and get the same percentage each round or something.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
I disagree. Dropping the house edge will pull the customer base you should be targeting, not the faucet suckers that are sucking the place dry at the moment. Freebitco.in is not a faucet site anymore, so there is no reason why we should add higher referral bonuses to attract these non-gamblers.

I think gamblers are looking for sites with the lowest house edge and by dropping the house edge, we would be drawing in the target crowd that we should be targeting.  Wink

I disagree with your disagreement. There a few big referral whales that have brought in a huge income to us over the years and they continue to advertise and pull in new customers.

I think our turnover numbers compared to the low house edge sites shows that there is a big market for running the site the way we do. Abandoning our successful business model and going to compete in an already overcrowded sector isn't something that's going to happen.

I agree. It's like reducing the prices of meals in a well established expensive restaurant at the expense of food quality. Nobody does that, although it may seem like lowering the prices can attract more customers.

It's extremely hard to find a good working business model. And once you've found it, you shouldn't make critical changes while it works perfectly.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
Yes
Maybe I'm not a big referral whales that have brought in huge income but I am also a referrer
What I feel is that there are no other sites that give a huge referrer income like this

But unfortunately botnets have ruined everything
I hope freebitco.in finds new innovations to prevent botnets more effectively without reducing referrer income

We actually increased referral commission rates from 0.25% to 0.40% of wagered amount recently. We certainly have no plans to reduce it and I think that if we did it would be unfair to those that have already invested in advertising us.

We're constantly working on better ways to combat the cheats and simply having a second person dealing with it is already yielding some good results.
newbie
Activity: 23
Merit: 0
I disagree. Dropping the house edge will pull the customer base you should be targeting, not the faucet suckers that are sucking the place dry at the moment. Freebitco.in is not a faucet site anymore, so there is no reason why we should add higher referral bonuses to attract these non-gamblers.

I think gamblers are looking for sites with the lowest house edge and by dropping the house edge, we would be drawing in the target crowd that we should be targeting.  Wink

I disagree with your disagreement. There a few big referral whales that have brought in a huge income to us over the years and they continue to advertise and pull in new customers.

I think our turnover numbers compared to the low house edge sites shows that there is a big market for running the site the way we do. Abandoning our successful business model and going to compete in an already overcrowded sector isn't something that's going to happen.

Yes
Maybe I'm not a big referral whales that have brought in huge income but I am also a referrer
What I feel is that there are no other sites that give a huge referrer income like this

But unfortunately botnets have ruined everything
I hope freebitco.in finds new innovations to prevent botnets more effectively without reducing referrer income
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