FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1251.

TheQuin

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Quote from: Kakmakr on June 06, 2018, 10:59:11 AM

Can I ask a silly question? Well, I am.... How does this increase the bankroll, if those coins are inaccessible to you to distribute? Or do you use it without the users permission and if he or she regain control of that account, then you credit the account again? I seem to be missing the point here. Huh

I know those coins are not actual coins, but just a entry in your internal ledger. Roll Eyes

They are actual coins held in our hot and cold wallets. If someone withdrew them they wouldn't be there anymore. Whether or not an individual account with a balance is active or not isn't important but the overall size of the bankroll is.

The point of the bankroll is that we have coins available to payout if a high roller gets lucky. The maximum win is set to be a tiny fraction of the total bankroll so if someone wins it, even a few times in a row, we can payout without suffering a noticeable decrease in that bankroll. Over time the house will recover that amount when others come along and lose. So the bigger the bankroll the bigger buffer you have against a big winner. We don't "use it without the users permission" it's all just part of the big pot. Inactive accounts abandoned with balances make that pot bigger.

Yes jackg, if or when the site ever shuts down is the only time we'll ever know how much belongs to people that will come and collect it and how much is people that don't even remember having an account.

jackg

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

Quote from: Kakmakr on June 06, 2018, 10:59:11 AM

~
Can I ask a silly question? Well, I am.... How does this increase the bankroll, if those coins are inaccessible to you to distribute? Or do you use it without the users permission and if he or she regain control of that account, then you credit the account again? I seem to be missing the point here. Huh

I know those coins are not actual coins, but just a entry in your internal ledger. Roll Eyes

It's more that the bankroll doesn't decrease by someone else using it.

When/if freebitco.in stops running if wetsuit decides to cash out then he can do after giving people say a year or two to ensure all acounts are emptied before leaving then that money goes back to them.

Kakmakr

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Quote from: TheQuin on June 05, 2018, 01:55:47 AM

Quote from: Kakmakr on June 05, 2018, 01:46:58 AM

What happens with the accounts that has won the Lottery, like the 2 x lottery ticket winner of the last draw? Say, they just logged in to test this site and used a throwaway email address to register?

I know I do this a lot for many shady sites on the internet, so I might even be one of those people. The only reason why I do this is to protect my main email accounts from becoming a spam nest. Roll Eyes

There should be some rule enforced that all accounts with no activity for say 10 years should be closed down and all money on those accounts be transferred to the faucet or lottery pool for a bonus draw. Huh

If they don't check the email they used then they won't see the notification of the win. I don't think we could really introduce a rule like that retrospectively. If the coin just sits there unclaimed that actually helps us as it increases the size of the bankroll which in turn allows us to have a larger maximum win on the Hi-Lo game (currently 20 BTC which is competitive with other dice sites).

Can I ask a silly question? Well, I am.... How does this increase the bankroll, if those coins are inaccessible to you to distribute? Or do you use it without the users permission and if he or she regain control of that account, then you credit the account again? I seem to be missing the point here. Huh

I know those coins are not actual coins, but just a entry in your internal ledger. Roll Eyes

BTCevo

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Quote from: jackg on June 03, 2018, 08:37:31 AM

Quote from: TheQuin on June 03, 2018, 04:18:45 AM

Quote from: slaman29 on June 03, 2018, 04:13:34 AM

can't seem to find history of how much I actually wagered though, just that I played 8k rolls. Is there a way to find these stats?

Not at the moment. Improved stats is definitely one the things I'm hoping to see on the new site. wetsuit is very receptive to any suggestions, most of what I've suggested to him so far he's either already done or put on the list for when he starts the rebranding.

Is there anything on reducing the house edge or adding more games? That'd be nice to see. And getting reward points from investment earnings maybe?

There is no way they will reduce the house edge, first because they give such a big lottery prize on every week which is 5% house edge is pretty good amount to keep the lottery be there. Second thing, people like their lottery system so if they reduce the house edge, of course their hi-lo games will be good to play but their lottery will be on very low prize and it will not attract any players to play

jackg

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

Quote from: TheQuin on June 05, 2018, 09:55:15 AM

Quote from: Thirdspace on June 05, 2018, 09:47:13 AM

Quote from: TheQuin on June 03, 2018, 08:58:45 AM

Adding more games is definitely on the list. RP for deposits isn't a bad idea, I'll mention it.

It's a bad idea, will be easily exploited. RP can be exchanged to satoshi with minimum 100k RP per conversion
but giving multiply btc bonus for deposit amount is more appropriate
then to claim that bonus, user will need to match the amount and play it 25 times over (current bonus term)
it will be just like other casino/dice/games site with a bonus deposit program Wink

I was thinking more along the lines of RP to go with the interest on your balance. wetsuit would need to work out all the costs etc. but for example, we pay 4.08% on balances above 30k sats we could do xx RP a day for balances above 100k. Something like that anyway.

Yeah that was my original thought. Say, something like 1 RP and 1 lottery ticket per 1Msats per day would be quite nice.

(1Msat = 1000000satoshi).

Quote from: TheQuin on June 05, 2018, 01:55:47 AM

Quote from: Kakmakr on June 05, 2018, 01:46:58 AM

What happens with the accounts that has won the Lottery, like the 2 x lottery ticket winner of the last draw? Say, they just logged in to test this site and used a throwaway email address to register?

I know I do this a lot for many shady sites on the internet, so I might even be one of those people. The only reason why I do this is to protect my main email accounts from becoming a spam nest. Roll Eyes

There should be some rule enforced that all accounts with no activity for say 10 years should be closed down and all money on those accounts be transferred to the faucet or lottery pool for a bonus draw. Huh

If they don't check the email they used then they won't see the notification of the win. I don't think we could really introduce a rule like that retrospectively. If the coin just sits there unclaimed that actually helps us as it increases the size of the bankroll which in turn allows us to have a larger maximum win on the Hi-Lo game (currently 20 BTC which is competitive with other dice sites).

I mean it would be nice if you won the top prize on the lottery and then left the money in there to get all the interest... Even though the interest isn't that much 40mbtc is better than nothing for a year forgetting about your win...

TheQuin

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Quote from: Thirdspace on June 05, 2018, 09:47:13 AM

Quote from: TheQuin on June 03, 2018, 08:58:45 AM

Adding more games is definitely on the list. RP for deposits isn't a bad idea, I'll mention it.

It's a bad idea, will be easily exploited. RP can be exchanged to satoshi with minimum 100k RP per conversion
but giving multiply btc bonus for deposit amount is more appropriate
then to claim that bonus, user will need to match the amount and play it 25 times over (current bonus term)
it will be just like other casino/dice/games site with a bonus deposit program Wink

I was thinking more along the lines of RP to go with the interest on your balance. wetsuit would need to work out all the costs etc. but for example, we pay 4.08% on balances above 30k sats we could do xx RP a day for balances above 100k. Something like that anyway.

Thirdspace

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Quote from: TheQuin on June 03, 2018, 08:58:45 AM

Adding more games is definitely on the list. RP for deposits isn't a bad idea, I'll mention it.

It's a bad idea, will be easily exploited. RP can be exchanged to satoshi with minimum 100k RP per conversion
but giving multiply btc bonus for deposit amount is more appropriate
then to claim that bonus, user will need to match the amount and play it 25 times over (current bonus term)
it will be just like other casino/dice/games site with a bonus deposit program Wink

buwaytress

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Quote from: TheQuin on June 05, 2018, 01:55:47 AM

Quote from: Kakmakr on June 05, 2018, 01:46:58 AM

What happens with the accounts that has won the Lottery, like the 2 x lottery ticket winner of the last draw? Say, they just logged in to test this site and used a throwaway email address to register?

I know I do this a lot for many shady sites on the internet, so I might even be one of those people. The only reason why I do this is to protect my main email accounts from becoming a spam nest. Roll Eyes

There should be some rule enforced that all accounts with no activity for say 10 years should be closed down and all money on those accounts be transferred to the faucet or lottery pool for a bonus draw. Huh

If they don't check the email they used then they won't see the notification of the win. I don't think we could really introduce a rule like that retrospectively. If the coin just sits there unclaimed that actually helps us as it increases the size of the bankroll which in turn allows us to have a larger maximum win on the Hi-Lo game (currently 20 BTC which is competitive with other dice sites).

Yeah, that's always been an unfair rule - retrospective or not. We all have been there, leaving accounts inactive inadvertently, I know it's happened to me more than I care to remember. Could always make them tagged as dormant, requiring reactivation, but never to confiscate monies that are simply left on accounts. It's not really like they're taking up so much resources, are they?

@kakmakr, I use plenty of throwaway emails too, but if I even had a small chance of winning a lottery, I'd use an email I could at least check back. Freebitco.in is whitelisted from my email haha.

TheQuin

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

Quote from: Kakmakr on June 05, 2018, 01:46:58 AM

What happens with the accounts that has won the Lottery, like the 2 x lottery ticket winner of the last draw? Say, they just logged in to test this site and used a throwaway email address to register?

I know I do this a lot for many shady sites on the internet, so I might even be one of those people. The only reason why I do this is to protect my main email accounts from becoming a spam nest. Roll Eyes

There should be some rule enforced that all accounts with no activity for say 10 years should be closed down and all money on those accounts be transferred to the faucet or lottery pool for a bonus draw. Huh

If they don't check the email they used then they won't see the notification of the win. I don't think we could really introduce a rule like that retrospectively. If the coin just sits there unclaimed that actually helps us as it increases the size of the bankroll which in turn allows us to have a larger maximum win on the Hi-Lo game (currently 20 BTC which is competitive with other dice sites).

Kakmakr

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Quote from: TheQuin on June 04, 2018, 11:19:24 PM

Quote from: jackg on June 04, 2018, 01:41:57 PM

Quote from: babygun on June 04, 2018, 12:41:27 PM

@Thequin, maybe this question has been answered before, but can you loose your balance due to inactivity?
I can imagine that they are thousands of accounts which have some BTC on the site, but who haven't been active for more than 1-2 year.

No balances don't decay on the site (just grow

).

I didn't login to my account for most of 2015 and 2016 and was still there when I came back. I've got a few referrals that I have been earning 1 sat a day from since interest was introduced so their accounts must be growing at 4 sats a day. We never know if or when they might come back.

What happens with the accounts that has won the Lottery, like the 2 x lottery ticket winner of the last draw? Say, they just logged in to test this site and used a throwaway email address to register?

I know I do this a lot for many shady sites on the internet, so I might even be one of those people. The only reason why I do this is to protect my main email accounts from becoming a spam nest. Roll Eyes

There should be some rule enforced that all accounts with no activity for say 10 years should be closed down and all money on those accounts be transferred to the faucet or lottery pool for a bonus draw. Huh

TheQuin

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

Quote from: jackg on June 04, 2018, 01:41:57 PM

Quote from: babygun on June 04, 2018, 12:41:27 PM

@Thequin, maybe this question has been answered before, but can you loose your balance due to inactivity?
I can imagine that they are thousands of accounts which have some BTC on the site, but who haven't been active for more than 1-2 year.

No balances don't decay on the site (just grow

).

I didn't login to my account for most of 2015 and 2016 and was still there when I came back. I've got a few referrals that I have been earning 1 sat a day from since interest was introduced so their accounts must be growing at 4 sats a day. We never know if or when they might come back.

jackg

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

Quote from: babygun on June 04, 2018, 12:41:27 PM

@Thequin, maybe this question has been answered before, but can you loose your balance due to inactivity?
I can imagine that they are thousands of accounts which have some BTC on the site, but who haven't been active for more than 1-2 year.

No balances don't decay on the site (just grow

).

babygun

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Activity: 2170

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@Thequin, maybe this question has been answered before, but can you loose your balance due to inactivity?
I can imagine that they are thousands of accounts which have some BTC on the site, but who haven't been active for more than 1-2 year.

Kakmakr

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Quote from: Juggy777 on June 03, 2018, 06:19:00 AM

Quote from: Betwrong on June 03, 2018, 06:09:19 AM

Quote from: TheQuin on June 02, 2018, 12:30:03 PM

~
Have a look at round 126. A brand new account won the 5th prize of 0.11908959 BTC with 2 tickets. They only had one free spin and got all that. Anything can and does happen in games of chance.
~

This is really amazing. They won much more than one can win rolling 10000 on free spins (which all of us so eagerly desire). Here's the top prizes for LOTTERY ROUND 126:

Just imagine, you register, do just one roll and win 0.119 BTC with that. Hopefully they haven't forgot their login credentials, which happens frequently when we create new accounts.

Anyway it's nice to see that such lucky strikes do happen in real life.

How in the world did that happen lmao just two tickets that means his very first spin and he's won it that's to good. I don't understand why would someone be interested to buy a freebitco account the original owner can always reset the password as it'll be linked to his account isn't that a big risk, don't really think buying a account should be allowed and freebitco should update their tos for that.

That is actually mind boggling if you consider the odds of winning with 2 tickets, in a Lottery where 494 511 164 tickets were bought. Roll Eyes

This person just won about $1000 US and he did not even buy a single lottery ticket. Grin

Those tickets was possibly just a test roll on the FREE roll to see how this works. Amazing luck!

Well, it just shows you that anything is possible. Roll Eyes

TheQuin

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Quote from: MangoPolo on June 03, 2018, 11:40:01 AM

Also something's wrong with the link to BITCOIN BLOCK FOR CLIENT SEED: 525803 https://imgur.com/a/Q64cRrv

You have to wait for the block to be mined before you view it. Telling you in advance which block we will use along with the ticket list is what makes it provably fair.

Quote from: MangoPolo on June 03, 2018, 11:40:01 AM

Same error could be seen when clicking the link to a payment of 0.3 BTC from the "LAST 10 PAYMENTS SENT" block in the STATS menu of the website Huh

This means that we have created the raw Tx but not yet broadcast it to the network. That usually happens when there is a long gap between blocks and we need other Txs to confirm to return the change used in later Txs.

Quote from: LTU_btc on June 03, 2018, 01:54:02 PM

Quote from: TheQuin on June 03, 2018, 12:31:15 AM

I don't think there's any rule about selling or giving away an account but having more than one account is not allowed.

Having more than one account isn't allowed? Really? I remember when interest feature was launched, I wanted to create another account where I would just keep BTC to get interest. I asked wetsuit, can I make another account. He answered that I can make second account, but it's only allowed to use one account to claim from faucet.

I was answering in the context of being asked if it was OK to farm accounts.

BTCevo

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Quote from: jackg on June 03, 2018, 08:37:31 AM

Quote from: TheQuin on June 03, 2018, 04:18:45 AM

Quote from: slaman29 on June 03, 2018, 04:13:34 AM

can't seem to find history of how much I actually wagered though, just that I played 8k rolls. Is there a way to find these stats?

Not at the moment. Improved stats is definitely one the things I'm hoping to see on the new site. wetsuit is very receptive to any suggestions, most of what I've suggested to him so far he's either already done or put on the list for when he starts the rebranding.

Is there anything on reducing the house edge or adding more games? That'd be nice to see. And getting reward points from investment earnings maybe?

There is no way they will reduce the house edge, first because they give such a big lottery prize on every week which is 5% house edge is pretty good amount to keep the lottery be there. Second thing, people like their lottery system so if they reduce the house edge, of course their hi-lo games will be good to play but their lottery will be on very low prize and it will not attract any players to play

LTU_btc

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Quote from: TheQuin on June 03, 2018, 12:31:15 AM

I don't think there's any rule about selling or giving away an account but having more than one account is not allowed.

Having more than one account isn't allowed? Really? I remember when interest feature was launched, I wanted to create another account where I would just keep BTC to get interest. I asked wetsuit, can I make another account. He answered that I can make second account, but it's only allowed to use one account to claim from faucet.

MangoPolo

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Quote from: babygun on June 03, 2018, 11:33:31 AM

Quote from: MangoPolo on June 03, 2018, 11:23:56 AM

What is the weird thing with the number of tickets for the users starting profile id 14000000's? https://imgur.com/a/JMTf0NY

Most of them have 2 tickets each, especially the end of the list.

Probably these are all new accounts who have done 1 free roll which gives them 2 lottery tickets.

Also something's wrong with the link to BITCOIN BLOCK FOR CLIENT SEED: 525803 https://imgur.com/a/Q64cRrv

Same error could be seen when clicking the link to a payment of 0.3 BTC from the "LAST 10 PAYMENTS SENT" block in the STATS menu of the website Huh

babygun

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Quote from: MangoPolo on June 03, 2018, 11:23:56 AM

What is the weird thing with the number of tickets for the users starting profile id 14000000's? https://imgur.com/a/JMTf0NY

Most of them have 2 tickets each, especially the end of the list.

Probably these are all new accounts who have done 1 free roll which gives them 2 lottery tickets.

MangoPolo

jr. member

Activity: 56

Merit: 2

If you overcome procrastination you get it all.

What is the weird thing with the number of tickets for the users starting profile id 14000000's? https://imgur.com/a/JMTf0NY

Most of them have 2 tickets each, especially the end of the list.

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1251. (Read 559465 times)