Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1423. (Read 565954 times)

Every goes, how they gt money, if lotery safe... Maybe fauct is made like money washing machine, and lotery gives only big wins theyself, and "as proof for them" is lotery... And fauct is just that noone would put his nose in there, where dont need... While i get my satoshi claimed and payd in time, im not much care of if they fare or no. Noone forcing to buy tickets.

A few updates...

First. Holy Sh*t, we've already commenced a EPIC Rewards Points bonus weekend >>>>> 5x Rewards Points starts tonight!

For the entire weekend, we'll pay you 10 Rewards Points for a free roll, 5 Rewards Points for a multiply roll activity exceeding 1500 satoshi, and 5 Rewards Points for a referral roll!

Follow us on Twitter to get more announcements of great promotions > https://twitter.com/freebitco

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Second. For those of you that play the FreeDoge.co.in game, we've halved the payout for the Free Doge rolls. The site has been less profitable and we've had to reduce the payouts as a result. I know a few of you had specific questions about this...if others have questions PM me!

That is all. For those in the US and Canada enjoy the holiday weekend!

This explains how the site makes income. There is no adds or anything that can provide for the site except gamblers at the moment. They give high interests and lottory prizes(which i seriously doubt) and only way to afford all these plus make a profit is high house edge.

Speaking of lottory runs, i wonder if anyone was lucky enough to win anything (not necesseraly the jackpot) from it. I personally never won anything and never seen a post that shares a proof of winning. Somebody mentioned above that winning of $200 was published once. I haven´t seen that either, but even so isn´t weird that such an old faucet has proof of one single winning? Good faucet, but too many questions in the air...

Have read thru the terms. And it is good to know that freebitco.in is doing this updates and improvement. The very first hi-lo site I have visited when I was new to btc. Just having a double-thought in depositing as I knew the house edge is very high compared to competitors.

,I have tried this site once and its been so long since i last checked it, I don't even have new updates about what is their new or even what have they improved from their site and even those. Have anyone here tried their faucet, its quiet nice.

We are discussing this https://bitcointalksearch.org/topic/freebitcoin-200-freebtcwin-lambo02btc-dailyjackpot32500-wager-contest-320959, in my opinion spins can be done live and provably fair.
Live(social) spins like in bitdouble.io and provably fair using hash from blocks which will be mined on sunday.
If this can be done, of course.

Live mode don't make draw provably fair. First of all, it's possible to show recorded video like it would be live. And even if it really broadcasted live, there would be no guarantee that draw isn't rigged.

Yes this is so true, if they can't verify the bet so it can't be called as provably fair system although it has already been live mode. They need to make it as fair as possible but until now there is no way we can prove the system is being honest yet. Need to give them some time to make their lottery system is provably fair or people will said it scam

Yes, that is why I said spins should go live, so everyone can see them.

True, but he can create provably fair for this. Or not?

It's the chance of taking any of the 10 winning places. I wondered about that a couple weeks ago too, but you can easily divide your number of tickets by the total number of tickets and multiply it by 100%. You should then see the chance you'll win the first prize. Multiply it by 10 and that's the chance you should be seeing.

Regards,
Trump

I was always avoiding playing the lottery game on  FreeBitco.in, I even disabled the lottery tickets in my free rolls in favour of reward points.

But this time I decided to give it a shot. 

So I have bought 2,110 tickets and now my winning chance is 0.01103122 %.

I'm wondering whether it's the chance of taking the 1st place or it's the chance of taking any of the 10 winning places?

Wish good luck to me, guys. I want to win that 2+ BTC.   )

Freebitco.in histories by far is i know the most oldest and Legit established and I think the first  free faucet I saw that created when bitcoin was only new to the world. Already have payouts without investments. But always unlucky in multiple your bitcoins.

Video is enough for a provably fair system? No, it is not even close to a fair system. Video can be edited and the draw can be made many times till the owner gets the expected winners unless the draw is made in live mode. But even though it is being drawn in live mode, it is still not provably fair as per my understanding provably fair system is where the draw is verifiable. Otherwise, it cant be called as provably fair.

 

It should be enough to show a proof video of the shuffle every week.

I have been using this faucet for very long time too. There are tons of reviews about it, and most are negative. This is of course because they offer gambling and people don´t like loosing money. Once they do, they start asking questions. Here is what i think about freebitco.in

Upsides:
- It is one of the oldest Bitcoin faucet and still working fine.
- I never had an issue with withdrawal and they always pay on time.
- Their affiliate program is good and fair, you can always track your referral income.
- Winning the highest prize (about $200 in Bitcoins) is close to impossible, but someone won the prize once and it was shared here on the forum. I´ve also won the 3rd biggest prize once.
- They started to pay interest and it is quite high considering other services out there.
- When you have an issue, you get a rapid reply to your messages.

Downsides:
- Most important question is how they make profit? Their adsense is gone some time ago and there is not much advertisements on the site(in fact there is none at the moment), so do they make all the profit from gambler´s deposits?
- The lottery system is not transparent enogh, and i´ve never seen someone posting a prrof about winning the jackpot. It´s very weird considering the fact that lottery runs are everyweek and it´s been 109 rounds so far.
- People talk about the fairness of their High-Low game. I agree with that. I have lost some money there, but i also made some money sometimes. I´ve stopped playing it and only claiming from the faucet, and buying tickets sometimes.

ive been using this faucet for quite some time now
its very addictive in my part haha
claiming then rolling the dice then buying those lottery tickets

this is impossible. you can prove the fairness of each and every single roll. there is no manipulation possible (with reasonable effort) to "just change the algorithm". I can say that with confidence because the site describes the algorithm used to provide the 0-10000 number very detailed. You could even randomize the client-seed before each roll. I repeat just once more: there is no way the server could cheat you.

https://en.wikipedia.org/wiki/Gambler%27s_fallacy

i think you are totally right about your claim that when you are on auto play sooner or later the algorithm switches its mode if you won too often and it produces loss after loss till your balance is 0 (or almost 0). 

i think the possibility that you lose 18 times in a row at chances of 50/50 per roll are pretty low - even tho there is a very tiny chance for that to happen.

strangely it only happens when you've won too much in multiply btc in 1 or 2 days. well time to stop gambling .. 

http://www.bild.me/bild.php?file=880447318_times_loss_in_a_row.PNG 

They say it is probably fair the game but you can look in your eyes when you are on auto but  you know that there is manipulation form the inside. 1st you would analyse that you win it win it win it when that is enough suddenly it would be loss loss loss on this because E.I is on the game now if he sees that you pretty good player they will drop your algorithm and starting the balance to became 0