FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1232.

Betwrong

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Activity: 3374

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I stand with Ukraine.

Quote from: Thirdspace on July 07, 2018, 09:18:42 PM

Quote from: Betwrong on July 07, 2018, 04:40:18 AM

I'm sorry for your loss, but it happens, every long time dice player knows that. Although it's very rare but you can get 27 reds in row playing with 2x multiplier. But actually I suspect you were playing with multiplier other than 2x, weren't you?

yes, I forgot to mention the multiplier... I was playing with varied multipliers from 3x to 2.2x
that is probably the main reason for such bad streaks, I think a few last bets was 3x (big mistake)
it was not straight martingale, I always either reverse or start over the bet amount after certain lose streak
within a month period before I've never encountered over a 16 lose streak
within the last week, I got hit badly (lose 60-70%) but never get busted
I managed to recover and accumulate some profit... I got carried away and lose control
I was hoping to win back all my (previous deposit) losses but ended up adding to my lose stats Sad

That's what I thought, thanks for the elaboration. Although, as you can see from the comments above, this could happen even if you were playing with 2x multiplier only. The thing is that the more bets you make the higher the chance of hitting an extremely long losing streak, but there's also a chance of hitting it with small amount if bets.

Quote from: TheQuin on July 07, 2018, 08:18:35 AM

~
There's a 30 winning streak as well to make you feel better.

I had experienced 18 winning streak myself playing with 2x multiplier. This happened only once in my long history of playing dice, probably around 2 years ago, and when I saw that with my own eyes, I thought to myself, it means I can get 18 reds in a row as well, and I've started treating martingale with caution since then.

Thirdspace

hero member

Activity: 1232

Merit: 738

Mixing reinvented for your privacy | chipmixer.com

Quote from: Betwrong on July 07, 2018, 04:40:18 AM

I'm sorry for your loss, but it happens, every long time dice player knows that. Although it's very rare but you can get 27 reds in row playing with 2x multiplier. But actually I suspect you were playing with multiplier other than 2x, weren't you?

yes, I forgot to mention the multiplier... I was playing with varied multipliers from 3x to 2.2x
that is probably the main reason for such bad streaks, I think a few last bets was 3x (big mistake)
it was not straight martingale, I always either reverse or start over the bet amount after certain lose streak
within a month period before I've never encountered over a 16 lose streak
within the last week, I got hit badly (lose 60-70%) but never get busted
I managed to recover and accumulate some profit... I got carried away and lose control
I was hoping to win back all my (previous deposit) losses but ended up adding to my lose stats Sad

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: BayAreaCoins on July 07, 2018, 04:50:15 PM

I lost $5000 on a 32 loss 49.5% martingale.

2^32 odds of 32 losses in a row lol

(not on this site)

I'm sorry for this, but the odds of losing is (1/(2^32)) and the odds of winning is (1-(1/(2^32))). May as well keep our statistics right, actually it's a little less than that but it'll work as an example.

Quote from: veleten on July 07, 2018, 01:57:01 PM

Quote from: panjul07 on July 07, 2018, 12:07:57 PM

Quote from: babygun on July 07, 2018, 09:20:15 AM

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

Well that is the risk with gambling, sometimes you win but in the end the house always wins Grin

.
However having a 27 lose streak is quite unusual to see, I guess the luck is for the moment not on your side.

Why it is unusual to see 27 lose streak while we are talking about 5% house edge? Even more, he did not even mention the payout he used when he got the 27 lose streak. It is very possible to get 27 lose streak even if we are playing in 1% house edge site, indeed the possibility will be lesser than on 5% house edge but I do not think it is as unusual thing.

I myself got a 27 red streak on a 2x multiplier back in 2014
up to now it is the longest streak that I ever had, had a couple of 24 reds in a row but thats it
this is not something extra super ordinary,with 5% house edge it is even more probable
sorry for your loss,but gambling is like that-you win some,you lose some (and more,usually)

A 27 win streak would be really good still if anyone actually manages to get it without a large amount of gambling in order just to find that pattern.

BayAreaCoins

legendary

Activity: 4004

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Owner at AltQuick.com

I lost $5000 on a 32 loss 49.5% martingale.

2^32 odds of 32 losses in a row lol

(not on this site)

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: veleten on July 07, 2018, 01:57:01 PM

Quote from: panjul07 on July 07, 2018, 12:07:57 PM

Quote from: babygun on July 07, 2018, 09:20:15 AM

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

Well that is the risk with gambling, sometimes you win but in the end the house always wins Grin

.
However having a 27 lose streak is quite unusual to see, I guess the luck is for the moment not on your side.

Why it is unusual to see 27 lose streak while we are talking about 5% house edge? Even more, he did not even mention the payout he used when he got the 27 lose streak. It is very possible to get 27 lose streak even if we are playing in 1% house edge site, indeed the possibility will be lesser than on 5% house edge but I do not think it is as unusual thing.

I myself got a 27 red streak on a 2x multiplier back in 2014
up to now it is the longest streak that I ever had, had a couple of 24 reds in a row but thats it
this is not something extra super ordinary,with 5% house edge it is even more probable
sorry for your loss,but gambling is like that-you win some,you lose some (and more,usually)

I used to play dice in a similiar way back in 2014.

Basically was mining DOGE with my 280X and everyday sent my profits to a dice site.

I always did martingale. First time I turned like 1BTC into 2BTC until I hit 15 reds in a row.

Then I figured, its very rare to hit 16 reds in a row so I adjusted my bets and gambled the same way... a few weeks later I hit 17 reds in a row.

Then I figured, ok, its very very rare to hit 20 reds in a row, so adjusted my base bets, made it lowers and I think a few months later I got like 21 reds in a row.

So yes 27 reds is more than possible.

Best way to play is to do it in reverse. Only double your base bet on a win, when you get 20 wins in a row (which will happen) you can turn 1 Satoshi into a huge amount with little risk. However most of us are impatient and never play that way.

veleten

legendary

Activity: 2016

Merit: 1107

Quote from: panjul07 on July 07, 2018, 12:07:57 PM

Quote from: babygun on July 07, 2018, 09:20:15 AM

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

Well that is the risk with gambling, sometimes you win but in the end the house always wins Grin

.
However having a 27 lose streak is quite unusual to see, I guess the luck is for the moment not on your side.

Why it is unusual to see 27 lose streak while we are talking about 5% house edge? Even more, he did not even mention the payout he used when he got the 27 lose streak. It is very possible to get 27 lose streak even if we are playing in 1% house edge site, indeed the possibility will be lesser than on 5% house edge but I do not think it is as unusual thing.

I myself got a 27 red streak on a 2x multiplier back in 2014
up to now it is the longest streak that I ever had, had a couple of 24 reds in a row but thats it
this is not something extra super ordinary,with 5% house edge it is even more probable
sorry for your loss,but gambling is like that-you win some,you lose some (and more,usually)

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: babygun on July 07, 2018, 09:20:15 AM

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

Well that is the risk with gambling, sometimes you win but in the end the house always wins Grin

.
However having a 27 lose streak is quite unusual to see, I guess the luck is for the moment not on your side.

Why it is unusual to see 27 lose streak while we are talking about 5% house edge? Even more, he did not even mention the payout he used when he got the 27 lose streak. It is very possible to get 27 lose streak even if we are playing in 1% house edge site, indeed the possibility will be lesser than on 5% house edge but I do not think it is as unusual thing.

Chris314

sr. member

Activity: 672

Merit: 266

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

If you wager, you give in average 5% of your wager to the house. As it's a luck game, some are winners and give less (or even earn from the house), others lose and give more than the 5% average to the house.

Actually with the 10 first contestants, freebitco.in should have earned 5% of the 186 btc wagered, so a little more than 9 btc, enough already to pay the winners at the end of the month (unless btc price drops badly).

Kprawn

legendary

Activity: 1904

Merit: 1074

http://prntscr.com/k3o0gw

How do you compete with that. Roll Eyes

Wow, these guys are making some very big efforts to win $10 000. Grin

I figure that they might

even lose some money in the end or they do not even know about the competition. Roll Eyes

Betting that much with a 5% house edge is

crazy. Sad

s0lidus

full member

Activity: 958

Merit: 120

CryptoGames: Revamped Games, Multiple Coins

Quote from: TheQuin on July 07, 2018, 08:18:35 AM

Quote from: s0lidus on July 07, 2018, 07:54:45 AM

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

27 in a row on what payout? Sounds pretty brutal if it's on ~50% chance (x2).

-And i agree with post above. Try to withdraw some when you're winning before you continue. That way it won't really hurt if you end up losing.

Pretty brutal but not as bad as 32. https://bitcointalksearch.org/topic/m.7060900
There's a 30 winning streak as well to make you feel better.

I feel a lot better now, but still yo.. that's why i use my favorite payout Tongue

babygun

sr. member

Activity: 2170

Merit: 254

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

Well that is the risk with gambling, sometimes you win but in the end the house always wins Grin

.
However having a 27 lose streak is quite unusual to see, I guess the luck is for the moment not on your side.

@Thequin, any updates on the rebranding ?

TheQuin

hero member

Activity: 2576

Merit: 883

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

Quote from: s0lidus on July 07, 2018, 07:54:45 AM

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

27 in a row on what payout? Sounds pretty brutal if it's on ~50% chance (x2).

-And i agree with post above. Try to withdraw some when you're winning before you continue. That way it won't really hurt if you end up losing.

Pretty brutal but not as bad as 32. https://bitcointalksearch.org/topic/m.7060900
There's a 30 winning streak as well to make you feel better.

s0lidus

full member

Activity: 958

Merit: 120

CryptoGames: Revamped Games, Multiple Coins

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

27 in a row on what payout? Sounds pretty brutal if it's on ~50% chance (x2).

-And i agree with post above. Try to withdraw some when you're winning before you continue. That way it won't really hurt if you end up losing.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

If you manage to double your balance again, withdraw your original deposit.
If you want to play for longer periods of time then you should probably reduce the size of your bet somewhat or reducing your multiplier.

Let's hope you get better luck next time!

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: Thirdspace on July 07, 2018, 03:25:53 AM

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

I'm sorry for your loss, but it happens, every long time dice player knows that. Although it's very rare but you can get 27 reds in row playing with 2x multiplier. But actually I suspect you were playing with multiplier other than 2x, weren't you?

Quote from: TheQuin on July 05, 2018, 04:52:23 AM

Quote from: Betwrong on July 05, 2018, 04:47:03 AM

As a long time user of FreeBitco.in I like poptok1's suggestion very much. I already want to buy some referrals with my reward points.

To avoid the complaints you've mentioned it should be pre-conditioned that there is no guarantee that referrals you are going to buy will continue playing after the purchase. I personally would buy them anyway because I've never had any referrals and it's very interesting to me to try what it's like to have them.

You can give all the warnings you like but if someone buys something and it stops working the next day they are going to complain like mad.

I played a game years ago that you could buy and sell referrals and it was absolute mayhem. This just isn't going to ever work.

That's sad for me, but I understand your decision to not do it. No company would be excited about getting a storm of complaints from their customers in the future.

Thirdspace

hero member

Activity: 1232

Merit: 738

Mixing reinvented for your privacy | chipmixer.com

very bad day for me Angry

I managed to get my balance almost doubled after a month+ then I lost it 3-4 days ago
then today I made another deposit close to ~30 mbtc, I was hoping it could last a month or so
but what happened was... 27 lose streak in a row Shocked

It feels like I'm donating to the prize pool contest

Barcode_

staff

Activity: 3206

Merit: 575

Join the world-leading crypto sportsbook NOW!

The referral who manage to get a big whale player to sign up under his referral link would be very happy in this new referral contest, as the referral will be able to earn an amazing amount of $5000 USD without the need to take any risk playing the HI-LO game in order to win the first prize for the referral contest.

TheQuin

hero member

Activity: 2576

Merit: 883

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

Quote from: BTCevo on July 07, 2018, 01:23:01 AM

I think it is hard for them to inplement this kind of thing, may be they can make it that simple like current wagered or may be lifetime wagered. To ask them get weekly or monthly data on wagering for everyone must be really hard. And btw they already have put lottery tickets weekly so there is no need for that. If you want that so bad, maya be you can ask wetsuit is to send the details towards your email

It's not really difficult but we would need to put more archive data servers in place to do it. At the moment we only store total values for each account. It is something we're looking into the feasibility of adding.

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: jackg on July 03, 2018, 03:40:00 PM

Quote from: TheQuin on July 03, 2018, 03:00:04 PM

Quote from: jackg on July 03, 2018, 01:43:39 PM

@theQuin, for the site improements wetsuit wanted, could you add statistics timeframes for a certain period of time (like: today, this week, this month and all time maybe)? Just so we can see stats based on that period for wagering and lottery tickets etc.

What statistics do you have in mind? If you give me a bit more detail and I'll be happy to ask wetsuit to consider it.

I mean like the current statistics we have already but for a set period of time. As currently my account statistics range from 2015 to now, instead of being able to get monthly/weekly and yearly data on wagering amounts, wagering wins, free rolls, lottery tickets. etc.

I think it is hard for them to inplement this kind of thing, may be they can make it that simple like current wagered or may be lifetime wagered. To ask them get weekly or monthly data on wagering for everyone must be really hard. And btw they already have put lottery tickets weekly so there is no need for that. If you want that so bad, maya be you can ask wetsuit is to send the details towards your email

BayAreaCoins

legendary

Activity: 4004

Merit: 1250

Owner at AltQuick.com

One roll of 25 BTC with 95% chance to win means you're going to lose 1/20 of the time right?

You're going to lose 1.25 ish against the edge. Bitcoin is worth $6000. You win $10,000 (1.512 Bitcoins back)

EV+ atm?

You could self-affiliate to make it even more positive at this point. It is still very early in the month.

The contest is wagered... not gross profits. (I believe)

The less you play against a big house edge, the better.

#1 is now >67 BTC.

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1232. (Read 559465 times)