FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 309.

piebeyb

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Bitcoin Trader

Quote from: babygun on April 28, 2023, 05:56:53 PM

Quote from: pawel7777 on April 28, 2023, 04:54:51 PM

Quote from: babygun on April 28, 2023, 02:39:16 PM

Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.

Using martingale is just betting on that there will be no long losing streak. But many fail to realise how much money would be needed to finance this strategy if an unusually long losing streak occurs.

With a base bet of just one satoshi and 1btc=$30k, the cost of a losing streak of 10 would be just $0.31, but that's almost guaranteed to happen. A losing streak of 20 would cost us over $314. A losing streak of 30, that's $322,123 - just to win 1 satoshi.

If I remember correctly, the longest-recorded losing streak on JustDice (which used to be the most popular bitcoin dice site) was over 30.

You are 100% right, it is not worth to do it. In the beginning, I tried it a lot and with success but offcourse it is bound to be doomed in the long end. Had 2 times streaks of like 15 or 16 losses so lost quite a lot of money because of that.

I just needed another 1k satoshi to get another 30k satoshi to withdraw it to my bitcoin wallet, but since then I've touched it just under a few hundred satoshi but, unfortunately I was unlucky and had a 12x losing streak using martingale and it was really funny, but it's okay, I think it's just for fun, looking for fun, if it works, I'll withdraw it, if it fails, let's just say it's not mine, so I have to return it to freebitcoin

I tried to use martingale because I thought I could win just a little to be able to withdraw it so I could play other casino games looking for new experiences but in the end I ran out of winning money, don't ever try to use this martingale strategy if you don't want to lose even though you have big capital money.

pawanjain

hero member

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Nothing lasts forever

Quote from: tusandii on April 29, 2023, 03:54:51 AM

Quote from: babygun on April 28, 2023, 02:39:16 PM

Quote from: pawanjain on April 28, 2023, 12:02:01 PM

It keeps happening to me almost every time I use martingale strategy for betting.
Out of 10 times, I would have lost money 9 times and came out in profits just once.
Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits.
But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.

Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.

I'm not sure that martingale is still the mainstay strategy for many gamblers because this type of strategy requires a lot of money to use and not all types of games can use the martingale strategy.
We must really understand in advance what game we will choose so that we can determine the method and strategy that is suitable for use.
I have used this strategy several times, but when I was still at the beginning of a game session with small bets, we could get a profit, we had to immediately move on to another game because if not, then all the balance you had would be gone without remainder.
Strategy is important but it will be more important to be able to find the right type of game and how to use the strategy that we have so that we don't fail in every game session.

The huge balance requirement is the major reason why most of us lose money in martingale.
People have seen more than 20 consecutive losses in a row which turns out to be a huge number in martingale.
Even I have emptied my account 2-3 times using this strategy after which I sweared that I wouldn't go long if at all I use this strategy again.

dimonstration

hero member

Activity: 2786

Merit: 705

Dimon69

Quote from: Betwrong on April 29, 2023, 06:43:59 AM

Quote from: STT on April 28, 2023, 05:58:59 PM

I think Martin worked for a casino maybe Tongue

, nobody is really benefitting from this but it would raise player participation numbers and make casinos happy that the idea gives people an easy to understand and implement strategy. It wont especially help chances of winning or the balance of amount won vs amount lost, its too risky a strategy is the easiest observation and the gains dont scale with that risk so unwise to use imo.

Price end of month is Sunday and I think price is positive acting, maybe a run up to sub 35k area but mostly I would guess BTC price action hangs around 30k down to the wire probably.

Most bets went on the "$27,501 - $30,000" region

and I think these people are going to win this time. 2.19x of your bet plus the Time Weight Multiplier, it's not that bad of a win for predicting something that will most likely to happen.

But these guys

they are going to win 2 times more for their brave bets if they turn out to be right. And, of course, I wish them to be right.

I’m excited to play this game once I access again my account. How time weight multiplier computed? Is the duration of your bet will increase your winning aside from the odds?

Also is the bet on the price will remain until the end date or there’s is just a betting time allowed on each pool. I think the Above 30K bet has a chance of winning since there might be a price fluctuations above before the weekly candle close on Monday. That x4 odds is so worth it for those who yolo bet on Bitcoin price back when it’s below 28K.

Betwrong

legendary

Activity: 3514

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🌀 Cosmic Casino

Quote from: STT on April 28, 2023, 05:58:59 PM

I think Martin worked for a casino maybe Tongue

, nobody is really benefitting from this but it would raise player participation numbers and make casinos happy that the idea gives people an easy to understand and implement strategy. It wont especially help chances of winning or the balance of amount won vs amount lost, its too risky a strategy is the easiest observation and the gains dont scale with that risk so unwise to use imo.

Price end of month is Sunday and I think price is positive acting, maybe a run up to sub 35k area but mostly I would guess BTC price action hangs around 30k down to the wire probably.

Most bets went on the "$27,501 - $30,000" region

and I think these people are going to win this time. 2.19x of your bet plus the Time Weight Multiplier, it's not that bad of a win for predicting something that will most likely to happen.

But these guys

they are going to win 2 times more for their brave bets if they turn out to be right. And, of course, I wish them to be right.

Mahdirakib

legendary

Activity: 1946

Merit: 1026

In Search of Incredible

Quote from: PawGo on April 27, 2023, 07:44:52 AM

Thanks. The question is what "a reasonable amount" is. I know the rule of limited max bet might by annoying, but ok.

Generally I claim the bonus when it reaches above 25k satoshi. The reasonable amount isn't big actually. I was also claiming the bonus at the lowest amount when it was implemented for the first time. The bonus become available to claim at 1k satoshi. Then the bonus increase by 1 satoshi for every 100 satoshi wager (1% of the wagered amount). There is no fun of taking the bonus on the lowest amount. However, it is easy to complete the low wagering requirement.

freebitco.in PR

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Activity: 1485

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freebitco.in Official PR Account

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freebitco.in PR

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freebitco.in Official PR Account

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dimonstration

hero member

Activity: 2786

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Dimon69

Quote from: TheQuin on April 29, 2023, 12:41:25 AM

Quote from: dimonstration on April 28, 2023, 11:51:23 AM

We don't know who set it up but the request to reset it by email must come from an IP address located in the same city as it was set up.

If you can sign a Bitcoin message from either the profile address or an address you previously deposited from and send it to me in a PM I can reset your 2fa now.

The Bitcoin address that I use back then is from a custodial wallet address so signed message is not possible. I will wait for the 8 days period to cooldown then I will input the necessary extra security for my account.

I keep receiving a notification email before that someone trying to access my account but I just ignored it because I can still login my account back then. I will contact you once the 2FA didn’t reset after the 8 days period. If the screenshot of my custodial wallet showing the receiving address match to my account address, I will use it to recover this account if possible.

tusandii

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Activity: 1708

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Leading Crypto Sports Betting & Casino Platform

Quote from: babygun on April 28, 2023, 02:39:16 PM

Quote from: pawanjain on April 28, 2023, 12:02:01 PM

It keeps happening to me almost every time I use martingale strategy for betting.
Out of 10 times, I would have lost money 9 times and came out in profits just once.
Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits.
But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.

Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.

I'm not sure that martingale is still the mainstay strategy for many gamblers because this type of strategy requires a lot of money to use and not all types of games can use the martingale strategy.
We must really understand in advance what game we will choose so that we can determine the method and strategy that is suitable for use.
I have used this strategy several times, but when I was still at the beginning of a game session with small bets, we could get a profit, we had to immediately move on to another game because if not, then all the balance you had would be gone without remainder.
Strategy is important but it will be more important to be able to find the right type of game and how to use the strategy that we have so that we don't fail in every game session.

TheQuin

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Activity: 2576

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

Quote from: dimonstration on April 28, 2023, 11:51:23 AM

Does anyone experienced that an old account has a 2FA security verification after logging in for a long time? I create my account long time ago and I just recently recover the wallet address and email that I use on it to recover my funds. Surprisingly my account has a 2FA security now even though 2FA option is not available by the time when I'm using my account.

As far as I remember 2fa has been available from only a very short timeafter we started the site in 2013.

Quote from: dimonstration on April 28, 2023, 11:51:23 AM

I already requested for 2FA disable. It will take 8 days to approved but I’m hesitant that my balance is still there because I suspect that my account is already hacked due to the notification email that I find that someone trying to access my account.

If you had set a recovery telephone number it could have been done immediately. The 8 day cooling off period is to offer protection to someone who notices that their email has been hacked and someone is trying to access their accounts.

Quote from: dimonstration on April 28, 2023, 11:51:23 AM

My question is will freebitco.in allow my request to disable 2FA even if I’m not the one who set it up?

We don't know who set it up but the request to reset it by email must come from an IP address located in the same city as it was set up.

If you can sign a Bitcoin message from either the profile address or an address you previously deposited from and send it to me in a PM I can reset your 2fa now.

Poker Player

legendary

Activity: 1372

Merit: 2017

Quote from: babygun on April 28, 2023, 02:39:16 PM

Quote from: pawanjain on April 28, 2023, 12:02:01 PM

It keeps happening to me almost every time I use martingale strategy for betting.
Out of 10 times, I would have lost money 9 times and came out in profits just once.
Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits.
But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.

Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.

The part that has been left unexplained by pawanjain is that those days that he goes positive he wins very little in relation to what he loses on the days that he goes negative (most of them), because in martingale, the garbage strategy used when you lose is to double the bet, so you are risking 100% each time to win only the initial bet.

The ones that I bet that are very happy with so many people practicing martingale, are freebitco.in and casinos in general. For them it is very profitable.

Strongkored

legendary

Activity: 2814

Merit: 1112

Leading Crypto Sports Betting & Casino Platform

Quote from: dimonstration on April 28, 2023, 11:51:23 AM

Does anyone experienced that an old account has a 2FA security verification after logging in for a long time? I create my account long time ago and I just recently recover the wallet address and email that I use on it to recover my funds. Surprisingly my account has a 2FA security now even though 2FA option is not available by the time when I'm using my account.

I already requested for 2FA disable. It will take 8 days to approved but I’m hesitant that my balance is still there because I suspect that my account is already hacked due to the notification email that I find that someone trying to access my account.

That means you can't log in to your account right? because when you log in you are immediately asked for the 2FA code if it has been activated,
If you have never activated 2FA but it turns out to be activated meaning someone hacked your account and replaced everything that has to do with that account, possibility are that the funds there are no longer there.
if i'm not mistaken the only ways to restore your account is for you to sign the message from one of the Bitcoin addresses you used to make a deposit in your freebitcoin account

Quote from: dimonstration on April 28, 2023, 11:51:23 AM

My question is will freebitco.in allow my request to disable 2FA even if I’m not the one who set it up?

I think only freebitcoin representative can answer this questions.

STT

legendary

Activity: 4102

Merit: 1454

I think Martin worked for a casino maybe Tongue

, nobody is really benefitting from this but it would raise player participation numbers and make casinos happy that the idea gives people an easy to understand and implement strategy. It wont especially help chances of winning or the balance of amount won vs amount lost, its too risky a strategy is the easiest observation and the gains dont scale with that risk so unwise to use imo.

Price end of month is Sunday and I think price is positive acting, maybe a run up to sub 35k area but mostly I would guess BTC price action hangs around 30k down to the wire probably.

babygun

sr. member

Activity: 2226

Merit: 254

Top-tier crypto casino and sportsbook

Quote from: pawel7777 on April 28, 2023, 04:54:51 PM

Quote from: babygun on April 28, 2023, 02:39:16 PM

Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.

Using martingale is just betting on that there will be no long losing streak. But many fail to realise how much money would be needed to finance this strategy if an unusually long losing streak occurs.

With a base bet of just one satoshi and 1btc=$30k, the cost of a losing streak of 10 would be just $0.31, but that's almost guaranteed to happen. A losing streak of 20 would cost us over $314. A losing streak of 30, that's $322,123 - just to win 1 satoshi.

If I remember correctly, the longest-recorded losing streak on JustDice (which used to be the most popular bitcoin dice site) was over 30.

You are 100% right, it is not worth to do it. In the beginning, I tried it a lot and with success but offcourse it is bound to be doomed in the long end. Had 2 times streaks of like 15 or 16 losses so lost quite a lot of money because of that.

decodx

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Activity: 1456

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🇺🇦 Glory to Ukraine!

Quote from: babygun on April 28, 2023, 02:39:16 PM

Quote from: pawanjain on April 28, 2023, 12:02:01 PM

It keeps happening to me almost every time I use martingale strategy for betting.
Out of 10 times, I would have lost money 9 times and came out in profits just once.
Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits.
But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.

Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.

Yeah, sometimes it's hard to resist the temptation of the Martingale strategy, even though we know it's not a guaranteed win. Thats why I've found that trying out new strategies and mixing things up can actually make gambling more fun and exciting. So, I like to switch things up and try out different strategies depending on my mood and the situation. Sometimes I'll go for a high-risk, high-reward approach, while other times I'll play it safe and stick to smaller bets. I think gambling should be a fun pastime and the most important thing is to enjoy yourself and not take things too seriously.

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: babygun on April 28, 2023, 02:39:16 PM

Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.

Using martingale is just betting on that there will be no long losing streak. But many fail to realise how much money would be needed to finance this strategy if an unusually long losing streak occurs.

With a base bet of just one satoshi and 1btc=$30k, the cost of a losing streak of 10 would be just $0.31, but that's almost guaranteed to happen. A losing streak of 20 would cost us over $314. A losing streak of 30, that's $322,123 - just to win 1 satoshi.

If I remember correctly, the longest-recorded losing streak on JustDice (which used to be the most popular bitcoin dice site) was over 30.

babygun

sr. member

Activity: 2226

Merit: 254

Top-tier crypto casino and sportsbook

Quote from: pawanjain on April 28, 2023, 12:02:01 PM

It keeps happening to me almost every time I use martingale strategy for betting.
Out of 10 times, I would have lost money 9 times and came out in profits just once.
Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits.
But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.

Martingale is still the go strategy of a lof of players allthough we all know in the end, you will always loose. To be honest, I am sometimes still tempted to do it even though I know it can go or will wrong, which happened already to me a couple of times lol.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: noormcs5 on April 27, 2023, 11:48:00 AM

Quote from: pawanjain on April 27, 2023, 11:36:23 AM

Quote from: piebeyb on April 26, 2023, 05:18:01 AM

Quote from: ?? on ??

Auto Bet's Inputs

Base Bet    0,00000001      0,00000100
Bet ODDS    2.00         Idem
On Win    Return to Base Bet   Idem
On Lose    Increase Bet by 105.00%   Idem
Bet on    Low         Idem
-----------------------------------------------------
Required Balance to stand eventual 20 LOOSES on a row

this looks like the martingale strategy, but indeed only this method and strategy can be profitable

It's the first time I have heard someone say martingale to be profitable. It's definitely martingale in the above post but it's surely not profitable over long term.
In the long run the losses turn out to be greater than the profits which is why it's not profitable over the long term.
It's easy for beginners to use but they should avoid using it consecutively to avoid losses.

It depends upon difference experiences from the gambler who play martingale. Sometime the gamblers keep on playing with martingale and keep on wining and thinks that this is the best winning strategy in gambling.
In freebitco you can use Auto bet and apply this strategy , and you may start wiing few of the games. But one day will come, when this strategy will fail and you will lose all your balance.

If you apply this strategy with money management that is to manually quit after few consecutive losses, then maybe it become a profitable way to gain some money in gambling but still no strategy works perfect in gambling.

It keeps happening to me almost every time I use martingale strategy for betting.
Out of 10 times, I would have lost money 9 times and came out in profits just once.
Sometimes what I do is I quit the auto bet while I'm in profits and quit for the day thinking I am in profits.
But then the next day I play again and lose all what I had won earlier. LOL. Still it's fun to sleep thinking you won for the day.

dimonstration

hero member

Activity: 2786

Merit: 705

Dimon69

Does anyone experienced that an old account has a 2FA security verification after logging in for a long time? I create my account long time ago and I just recently recover the wallet address and email that I use on it to recover my funds. Surprisingly my account has a 2FA security now even though 2FA option is not available by the time when I'm using my account.

I already requested for 2FA disable. It will take 8 days to approved but I’m hesitant that my balance is still there because I suspect that my account is already hacked due to the notification email that I find that someone trying to access my account.

My question is will freebitco.in allow my request to disable 2FA even if I’m not the one who set it up?

freebitco.in PR

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Activity: 1485

Merit: 23

freebitco.in Official PR Account

[Monthly Contest] You Have 2 DAYS to Win $32,500!

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1. Wager on the Multiply BTC Game, or Bet on Events

2. Refer Friends (When They Play, You Benefit)

3. Grab the top spots in the Wagering and Referral Contests before April 30, 23:59 UTC!

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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 309. (Read 565470 times)