Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1324. (Read 559348 times)

OMG! Thanks for the quote, but could wetsuit have been anymore cryptic? 

This alone is false. My balance is way less than 2x total free rolls:



This complicates things substantially. Now we have to somehow incorporate the number Multiply BTC rolls played M in a formula related to B >= 2F

Currently my M = 28,021 lol any ideas what this value should or could be in relation to B >= 2F to keep avoiding captchas ?

Can everyone share their following data to help me find a new formula, plz:

Thanks.

Exactly that. I had gambled so much that I ended up with over 28% of the lottery tickets lol
Another interesting fact was that right after losing all, the free roll amounts went up also for about 3 days before they’d started going down again (due toBTC price rise). So you’re welcome 

It's not just here, Gambler's Fallacy is as old as gambling itself and I'm pretty sure no amount of logic will ever completely eradicate it. 



The problem is that the maximum possible losing streak is infinity so you would need an infinite bankroll. Also, you will run into the house maximum bet limit before you get there.

How can it does not work? As long as you have enough bankroll to cover I think this will be okay. Many of us said that it does not work just because they do not have enough bankroll to cover their loss. They want to eaen big but with small bet, how is that be possible? You even need to calculate how much loss that you might suffer from your bankroll and do not play too long as I can suggest

Lol! He just made a mistake but he could argue that even if he deleted last number, so, for the first example the sequence would be like this:

1350
2467
3957
4501

And he would then be pretty sure that next number would be above 5000.

Here we can see again a typical mistake repeated in so many threads on the gambling section. You are not betting on a 5-bet sequence to have at least one result higher than 5000. 4 results have already appeared, so next bet having an outcome higher than 5000 is still 50%.

I don't understand how you can have 5-digit numbers where the game only draws from 0 to 10000.
As said above, it's random, there's no "bet almost safely" possibilities in gambling.

No, you can’t, because next bet is an individual mathematical event, independent from the former ones.

Again, don’t listen to this guy. I don’t doubt that he is having good faith in showing what he is doing but he has no idea about probability in gambling and the fact that he deposited 1.3 BTC and lost it all clearly shows it.

Yes, I asked about it when it changed a while back and Wetsuit the site owner replied telling us of the 2x free rolls total requirement. There is a certain amount of multiply BTC and/or Lottery tickets purchased needed as well, I'm not sure what exactly the requirement is but I haven't done either for quite a long time and I don't get a captcha.

Sorry for what you have just lost buddy, it is lottery where you may not win anything even if you have 90% winning chance. I think the lottery system is provably fair already, so you can verify it if you doubt about the results. You were just very unlucky to not win anything last week. Probably you should try this every week with lower amount. With 1.3btc you may divide it into several weeks instead of 1 week only.

I don’t think the site has to remove that at all, as it is applicable indeed.

Luck depends also on how many tickets. I you have 90% of the tickets you need way less luck to win the lottery than if you have just 0.0001% of them.

Anyway, buying so many lottery tickets is pretty crazy. Site owner must be very happy with customers like him.

(Post-edit: I’ve realized that he probably didn’t buy the tickets, but got them due to gambling so much, which is pretty crazy anyway)

In a lottery, only 10 people are going to win and I think site need to remove that % of winning feature because it is not applicable. Even though if you purchase 90% of tickets but not sure whether you can win a lottery. It does not depend on how many tickets you got but it depends on your luck in the lottery.

You shouldn't have spent so much money but it is learning for you and should avoid these big mistakes in future.

The week that I deposited 1.3 BTC and lost all, I had ended up with 860,000+ tickets and didn't win jack  
It said I had 28+% chance of winning, on my lottery page, but guess what? Didn't win any of the 10 prizes. How unlucky can someone be???
Never waste any BTC or reward points on lottery tickets. Its so unpredictable, and chance of winning is ... idk... weird
I was so disappointed that I lost almost $13K, that I wanted to believe that I was gonna win some back with the lottery, especially seince I had more than 28% of all the lottery tickets in the world! I didn't...

BTW, congratulations to me!!! I finally just became a Full Member  

Oh, I see what ur saying. yea, my math was off. I meant after "11th loss" (12th bet)... I was referring to basic martingale as an example (which doesnt work because at the end if u win, ur profit is whatever your first bet was, i.e 1 satoshi in the above example.

I'm kinda new to the lingo of this. What do you mean by "started with a multiplier of 3"? Does this mean triple the bet every time, or Payout = 3, Win chance=31.67% ?
If you are referring to tripling the bet every time, I think that can be extremely dangerous if you don't have a laaarge balance and u don't start from the minimum bet. I think it's safer to play with the amounts. (Hint: The bet amounts don't have to be common multiples. PM me and ask me for my referral code if u want my secret   I haven't been able to refer anyoe so far)  

I'm still experimenting with my adapted Martingale. One trick I recently started using to avoid dangerously long streaks is watching the rolled numbers and try to predict a pattern. Usually it;s not easy, but a few times, you could detect a recognizable pattern. Example: if you roll the following sequence of numbers:
13503
24679
39573
45012
You can bet almost safely that the next roll would be higher than 50000

Another example of a recognizable pattern is something like:
49321
51893
46061
54021
32023
You can bet almost safely that the next would be above 6000

Then again, the problem with these patterns is that you never know when they change and switch to another pattern or just another totally irrelevant random number  

BTW, a nice technique not to lose your cool is stick to a certain daily percentage increase in balance. I carefully increase my balance about by 10% every day. It takes me about 1-2 hours every day, but I just calculated that in if I keep compounding it, I will break even (make up my lost BTC) between 80 and 81 days from today

LOTTERY ROUND 131
This round, the winner with the lowest number of tickets is #3 with 126 tickets.
#1 won with 777,690 tickets.

I never said I used basic martingale, I was just saying 2047 only gets you 11 rolls
and the 11th roll will be your last chance to win it all back
If you said the next bet of 2048 could've won it back, then your correct it's the 12th bet
but your starting balance must be minimum 4095  
fyi I started with multiplier of 3 do hi-lo switches, but this method cannot be used straight forward
once a while need to change strategy of different combination multiplier and hi-lo sequences
oh... I understand now, you also modified the bet amount too, not only multiplier
the point is modified martingale with several strategies adapting the house roll pattern
it's not easy.. and you need to control your emotion and use the best strategy after you overcome greed

You mean the minimum roll amount? I thought it had to be more than double the minimum withdraw amount or something...
In any case, is it removed automatically or is the user supposed to send a request somewhere?

EDIT: after further research on another topic on bitcointalk.org with the same exact name : https://bitcointalk.org/index.php?topic=319540.3360
I found some claim that you need to deposit an amount greater than or equal to the free rolls amount you have won so far. Other say that you don't actually need to deposit, as long as your balance is greater than or equal to double the free rolls amount you have accumulated. (you can see this info in Stats -> Personal Stats in your account.)

Is anyone aware of any official statement about this, or is everyone just speculating?

Well, the Captcha or not decision is more complicated than that!

Simply having double the balance (due to winnings) of total free rolls does not work because I have free rolled BTC0.00149102, but my balance is only BTC0.00070584 (so my balance is actually less than half my total free rolls  . On the other hand, my total deposits so far are BTC1.33296526. So if the Captcha removal requires a deposit double of the amount of total free roll winnings, then it would make sense. But then again, my deposit is greater than the current balance also. But then again, I could speculate a lot more theories with my total deposits amount 




P.S. I bet someone is wishing I was their referral right about now  

We may get that in a few years. I thin there was a protoco change that made the smallest transaction decrease from 0.06mBTC to 0.03mBTC. But that might have just been for the exchange I was using at the time as I was fairly new in the autumn 2015. I always regret not buying then but always think of how likey I would have been to pull out at every crash along the way and how much worse I'd have felt if I had've gone through with it.

Were you around when Gavin made those faucets? Do you still have any of the BTC that they used to give out for free?
I think it is highly likely also that we will be considering a satoshi to be similar to how we used to think of a bitcoin as a unit (even from the point when I started). I'd be surprised if that doesn't happen within the next 3 block halvings.

Gavin Andresen, ex lead developer for Bitcoin prior to 2014.

Wetsuit created it and has owned it since it started back in 2013, so no they didn't buy it.

So Wetsuit is the creator of this site or just the owner? Meaning they bought it like what happened to the moneypot bitcoin casino sites a year back.


Who is Gavin btw?