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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 344. (Read 564118 times)

legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
I agree with Saint-loup about volatility and the only way to really protect your winnings is with locked in odds, not possible on this site but only at bookies where your odds are locked in. It should be said that I don't place many bets on big odds, it's something I only try out with low wagers and only more recently due to inspiration from other bettors who seem to like to place high odds.

I definitely seem to lose almost the same frequency on low odds games. My history on FBC betting shows I lose a lot of bets on odds below 2x anyway while history on bookies with high odds show I win something like 1 in 10, so in theory odds above 10x are very good ROI.

...
It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.

For the event with only 2 possible outcomes (either of the players wins and there are no draws), with odds of x23 for one and x1.2 for the other, you would have an amazing arbitrage opportunity with a guaranteed ROI of 14.05%.

So if the odds were correct, you could just throw a larger stake, to enjoy decent profit, virtually risk-free. So yes, it would make sense.

But I don't really look for arbitrage. As I mentioned, my bet was $5. I prefer to either lose $5 or win 23x5. Instead of "guaranteeing" $1 win. If odds were 2x it would be different I would definitely risk a further $50. Then I either win $55, or $45. Smiley
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting


sometimes luck can also be on the side of predictions not only playing gambling, I think if crypto prices can quickly recover maybe your bet on ETH will not be in vain, because seeing ETH prices rising so fast compared to other cryptos, to be honest I have never bet on price predictions like this even though I can analyze crypto prices, because prices can change at any time due to bad news or something else, but I hope you are lucky

ETH was around $1550 yesterday while writing the post and for it to go above $1750 it should have increased by 15% at least.
Now that's a huge spike to be achieved in just one day. Although not impossible but still very tough.
Anyway, I have lost the bet since ETH was in the range of $1500 - $1750 at the time of snapshot.
But no worries as we still have a long way to go and I might recover the losses in the February price prediction bets.
Did you see the rise in crypto today has increased enough even the price of ETH has risen 8% today, I think your prediction is right, no one knows about luck well even though there is still a lot of time, but I am happy to see the price of crypto go up today  Wink

Yeah right, if only this surge in price could have happened few days ago then I would have won the bet, LOL.

Also, the base rewards for free roll on freebitco.in has now decreased by 1 satoshi due to the surge in bitcoin price.
Current base reward is 8 satoshis.



copper member
Activity: 1485
Merit: 23
freebitco.in Official PR Account
It's an Action-Packed Weekend in the Premier League!

After a week of cup action, the Premier League is back with another set of exciting fixtures!

League leaders Arsenal travel to Everton as they look to extend their lead at the top. Meanwhile, Manchester United host Crystal Palace as they seek to solidify their grip on a Top 4 spot.

Manchester City have a tough trip to Tottenham to negotiate, too. Several bets from the Premier League, Serie A, La Liga, and the Bundesliga are LIVE at FreeBitco.in. Bet now!

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting


sometimes luck can also be on the side of predictions not only playing gambling, I think if crypto prices can quickly recover maybe your bet on ETH will not be in vain, because seeing ETH prices rising so fast compared to other cryptos, to be honest I have never bet on price predictions like this even though I can analyze crypto prices, because prices can change at any time due to bad news or something else, but I hope you are lucky

ETH was around $1550 yesterday while writing the post and for it to go above $1750 it should have increased by 15% at least.
Now that's a huge spike to be achieved in just one day. Although not impossible but still very tough.
Anyway, I have lost the bet since ETH was in the range of $1500 - $1750 at the time of snapshot.
But no worries as we still have a long way to go and I might recover the losses in the February price prediction bets.
Did you see the rise in crypto today has increased enough even the price of ETH has risen 8% today, I think your prediction is right, no one knows about luck well even though there is still a lot of time, but I am happy to see the price of crypto go up today  Wink
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Honestly, freebitcoin has a scarce amount of sports betting. There are only bets on upcoming soccer games, while bets on other sports are absent at the moment. As for me, this is strange because the regular seasons of both NBA and NHL are in full swing right now. So if freebitcoin had a desire, they could add a lot of bets for sporting events because these leagues have pretty dense schedules, and games take place almost every day.
Maybe they need time to add it because the representative once said that not many people work at freebitcoin so everything can't be done quickly and my guess is because their sports betting system is different from other sports betting that use service providers whereas at freebitcoin they don't use service providers.

This is look interesting in the betting on the Liverpool vs Wolves match, indeed Liverpool are really bad this season they haven't even made it to the top 4 even it looks far from that but a draw in this match I don't think will happen, Liverpool will fight for 3 points and the odds on them are pretty good still a few days left so odds could change but won't be very far down so this would be my pick
sr. member
Activity: 2212
Merit: 254
Top-tier crypto casino and sportsbook
You are also right in that! I didn’t do the calculations but thought there would be more profit left when you would place a counterbet. Best option to counterbet was probably by watching the match live and hoping that Djokovic would fall behind as the odd would go up a bit.
Yes I agree with you, it can be a good strategy to place a counterbet during the event, if you think you haven't made a smart bet or if you need to preserve your bank roll. But you must do it on a reliable and reputed sportsbook because live odds are usually terrible, especially if you can't watch the game. During the Australian Open I've placed a live bet @1.02 on Kokkinakis against Andy Murray one day and I lost, now I'm convinced real odds were way higher than that actually, and he wasn't about to win in reality.

Yeah, I am not the biggest fan in live betting as I have lost a lot more bets that I won and the odds can change very quickly. I used to place bets without watching and that is never a good idea as I lost a lot more bets than I won in that way lol.
STT
legendary
Activity: 4102
Merit: 1454
Quote
while bets on other sports are absent at the moment.

I bet and won on the Tennis recently so not really the case.  It might be only the larger events are listed but makes sense they go with the volume events.  I thought the odds were alright considering how often he has won at that event, surely the favorite to win listed anywhere.
The FUN price was more difficult this week as it very nearly crept over the line but with BTC pulling back a bit that was enough to hold it at the line for midnight.  BTC I didnt guess on massively, it could have been over 25k but not quite this time was too close to call especially.



legendary
Activity: 2604
Merit: 2353
You are also right in that! I didn’t do the calculations but thought there would be more profit left when you would place a counterbet. Best option to counterbet was probably by watching the match live and hoping that Djokovic would fall behind as the odd would go up a bit.
Yes I agree with you, it can be a good strategy to place a counterbet during the event, if you think you haven't made a smart bet or if you need to preserve your bank roll. But you must do it on a reliable and reputed sportsbook because live odds are usually terrible, especially if you can't watch the game. During the Australian Open I've placed a live bet @1.02 on Kokkinakis against Andy Murray one day and I lost, now I'm convinced real odds were way higher than that actually, and he wasn't about to win in reality.
legendary
Activity: 2436
Merit: 1561
...
It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.

For the event with only 2 possible outcomes (either of the players wins and there are no draws), with odds of x23 for one and x1.2 for the other, you would have an amazing arbitrage opportunity with a guaranteed ROI of 14.05%.

So if the odds were correct, you could just throw a larger stake, to enjoy decent profit, virtually risk-free. So yes, it would make sense.
sr. member
Activity: 1922
Merit: 328
Considering how the BTC reacted and how people bet on it, I think the same should have been done for ETH as well. If you thought that btc would go up, you should have considered ETH would too, because they move the same way.

I know that it is not going to be something major, I know it is going to take a while before we could consider that as a big deal, but that doesn't change the fact that we are going to end up with them at different stages of increase. I personally lost, because didn't see it go up like this, but at least failed in both coins. But if I wagered any higher, I would have done it for both of them at the same time, not just one of them.
sr. member
Activity: 2212
Merit: 254
Top-tier crypto casino and sportsbook

Yes, I think it would have ended up being close to what I originally found the odds (23x++) if not even more. So let's say I put $1 on this right? (I actually put $5 but let's just say for easier math.

Normally I would also think about the counterbet but Djokovic was less than 1.2 to bet on.

So even if I bet 10x what I would win from Tsitsipas, I would only get back almost the same amount of money I placed on Tsitsipas anyway. Meaning, I put down $10, I would win less than $2.

Nett profit: $<12 - $10 (counterbet) $1 (initial bet) = <$1.

And if Tsitsipas did win, I would only gain $13. Because I put the counterbet.
Nett profit: $23 - $1 (initial bet) - $10 (counterbet) = $13

So If you think about it, should I counterbet to have a tiny net profit at the cost of losing almost half of potential big profit? Smiley

It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.



You are also right in that! I didn’t do the calculations but thought there would be more profit left when you would place a counterbet. Best option to counterbet was probably by watching the match live and hoping that Djokovic would fall behind as the odd would go up a bit.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting


sometimes luck can also be on the side of predictions not only playing gambling, I think if crypto prices can quickly recover maybe your bet on ETH will not be in vain, because seeing ETH prices rising so fast compared to other cryptos, to be honest I have never bet on price predictions like this even though I can analyze crypto prices, because prices can change at any time due to bad news or something else, but I hope you are lucky

ETH was around $1550 yesterday while writing the post and for it to go above $1750 it should have increased by 15% at least.
Now that's a huge spike to be achieved in just one day. Although not impossible but still very tough.
Anyway, I have lost the bet since ETH was in the range of $1500 - $1750 at the time of snapshot.
But no worries as we still have a long way to go and I might recover the losses in the February price prediction bets.
legendary
Activity: 3094
Merit: 2345
And what happened to all the sports bets? There are only 3 events available atm, all on BTC/ETH/FUN price.
For this I think it's just because they haven't just put it in yet and it will be added in a few days or before some league games for example start

Honestly, freebitcoin has a scarce amount of sports betting. There are only bets on upcoming soccer games, while bets on other sports are absent at the moment. As for me, this is strange because the regular seasons of both NBA and NHL are in full swing right now. So if freebitcoin had a desire, they could add a lot of bets for sporting events because these leagues have pretty dense schedules, and games take place almost every day.
legendary
Activity: 2604
Merit: 2353
Yes, I think it would have ended up being close to what I originally found the odds (23x++) if not even more. So let's say I put $1 on this right? (I actually put $5 but let's just say for easier math.

Normally I would also think about the counterbet but Djokovic was less than 1.2 to bet on.

So even if I bet 10x what I would win from Tsitsipas, I would only get back almost the same amount of money I placed on Tsitsipas anyway. Meaning, I put down $10, I would win less than $2.

Nett profit: $<12 - $10 (counterbet) $1 (initial bet) = <$1.

And if Tsitsipas did win, I would only gain $13. Because I put the counterbet.
Nett profit: $23 - $1 (initial bet) - $10 (counterbet) = $13

So If you think about it, should I counterbet to have a tiny net profit at the cost of losing almost half of potential big profit? Smiley

It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.
It could make sense if you want to protect your bank roll, because the volatility is very high when you place bets on such high odds. When you undergo a bad streak with 2x odds, you will hardly lose more than 10 times in a row. But when you undergo a bad streak at such high odds as 23x, you can easily lose more than one hundred times in a row. So even if you only bet $5, you can lose more than $500.
By placing counterbets you will reduce this volatility. Moreover if you hold FUN tokens, you will get a bigger cashback because the total amount you wager will be higher.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
2 updates from me.

First, Tsitsipas lost badly in the Australian Open, and he was the guy I put bets on above 23x in this site, I couldn't believe my luck that he actually entered the final, but of course, he didn't even win a single set so it was quite a given outcome.

Wow that must have been a very nice multiplier if you won it! Did you not place counterbet on Djokovic to win? Sometimes, in situations like this, I would place a counterbet; in that way you always end up with some profit.

Yes, I think it would have ended up being close to what I originally found the odds (23x++) if not even more. So let's say I put $1 on this right? (I actually put $5 but let's just say for easier math.

Normally I would also think about the counterbet but Djokovic was less than 1.2 to bet on.

So even if I bet 10x what I would win from Tsitsipas, I would only get back almost the same amount of money I placed on Tsitsipas anyway. Meaning, I put down $10, I would win less than $2.

Nett profit: $<12 - $10 (counterbet) $1 (initial bet) = <$1.

And if Tsitsipas did win, I would only gain $13. Because I put the counterbet.
Nett profit: $23 - $1 (initial bet) - $10 (counterbet) = $13

So If you think about it, should I counterbet to have a tiny net profit at the cost of losing almost half of potential big profit? Smiley

It doesn't make sense right? To me anyway, but yeah I get it, we should always try to make profit.

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
Place bets on the BTC and ETH price betting. Although I am gonna one of the bets but eventually it's gonna be an overall loss.
If only I had not bet on ETH this time then I would have been in profit. No worries though.

BTC price betting


ETH price betting


sometimes luck can also be on the side of predictions not only playing gambling, I think if crypto prices can quickly recover maybe your bet on ETH will not be in vain, because seeing ETH prices rising so fast compared to other cryptos, to be honest I have never bet on price predictions like this even though I can analyze crypto prices, because prices can change at any time due to bad news or something else, but I hope you are lucky
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Wow that must have been a very nice multiplier if you won it! Did you not place counterbet on Djokovic to win? Sometimes, in situations like this, I would place a counterbet; in that way you always end up with some profit.
Yeah, you're right, the final odds for Tsitsipas are 6.57. If he wins, the bettor will get big profits, but unfortunately that no tennis player has been able to beat Djokovic in the Australian Open final so far because his record in the AO final is 10-0, one way to be getting a little profit on this bet is by doing a counter bet as you said but of course the money that must be prepared is also good with a right portion distribution for each bet choice

@pawel7777 now sports betting is available you can check and start betting
sr. member
Activity: 2212
Merit: 254
Top-tier crypto casino and sportsbook
2 updates from me.

First, Tsitsipas lost badly in the Australian Open, and he was the guy I put bets on above 23x in this site, I couldn't believe my luck that he actually entered the final, but of course, he didn't even win a single set so it was quite a given outcome.

Second, I saw my email had ANOTHER Flash Promo on Saturday (weekend) but it again came after midnight for me lol

This was the first time I ever saw 2 flash promos in a less than a week, which seems it means I must have gotten it quickly for completing one earlier. Hope this is a more frequent phenomenon Wink

Wow that must have been a very nice multiplier if you won it! Did you not place counterbet on Djokovic to win? Sometimes, in situations like this, I would place a counterbet; in that way you always end up with some profit.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform

I placed a few bets on BTC price about 10 minutes ago, but still nothing is showing under "My bets"?



Is there any way I can see my current/pasts bets? Is there a delay or something and will they be displayed after some time?

You are in the right place to see your bet history, it's just that it takes time for you to see it and it's also in the note at the bottom that it takes about 1 hour for it to appear.


And what happened to all the sports bets? There are only 3 events available atm, all on BTC/ETH/FUN price.
For this I think it's just because they haven't just put it in yet and it will be added in a few days or before some league games for example start
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
I had 3 losses in a streak with the maximum winning probability chance of 94,06% and got rekt anyway. The odds are always against the player, doesn't matter how benefical they seem at first glance. That is why we should play only with surplus money, so nasty unexpected losses won't affect our budget and emotional too much. Never gamble an amount of money you don't know how long you are going to take to recover it.

I remembered losing like almost half a BTC during the BTC crash. From a total of 15 bets on Dice via Martingale ;_;
Sorry for your loss, multiplier game is a really treacherous one. It seems everything is under control, until it suddenly isn't anymore. In my case it was 1/10 of a btc lost and I already felt a huge pain in my heart, now I can't even imagine how it feels losing half btc. In my case, it was really tempting to keep playing in an attempt to recover the loss, but I calmed down and imaged the potential outcomes could be even more destructive, totally compromising my long term goals and FUN token experiment.
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