FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 534.

TheQuin

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

Quote from: arallmuus on March 30, 2022, 08:02:47 AM

Quote from: dabbur on March 30, 2022, 01:57:56 AM

My oppinion is keep it as simpel as possible. If that Time Weight Multiplier was gone I would bet more often there. And in addition the odds would be more transparent than. What do you guys think about it?

If you remove that then it would be pretty much similar as normal bookies and I think its kinda essential there because it gives some people incentives to bet as early as possible thus building up the prizepool as well. If everyone just waited till last minute to bet then the prizepool will be much smaller and it might not even be lucrative enough for people to join in that pool

That is part of the reason it's there. It also compensates for the fact that people who bet later have more information available to them that may affect the outcome, eg. a star playing getting injured.

PawGo

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It was more about that part:

Quote from: hd49728 on March 30, 2022, 10:13:50 AM

Only for holders for now and total holders must increase more to attract investors. I know Polygon is a new deployment for FUN token but on any chain, total holders and fair distribution are important for experienced investors to look at, take into consideration and make decision.

I was thinking about things which make company reliable and interesting for investors.

Anyway, all we can do is to promote it and spread good opinion about them.

hd49728

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Not your keys, not your coins!

Quote from: PawGo on March 30, 2022, 11:25:48 AM

Do you have any reasons for assuming that they do not care enough about so-called security?
I suppose it is not so easy to join network like that, I believe they are serious company. They business partners for sure checked different aspects of partnership and whom they make business to.

No. I did not understand my point. I meant the huge hack on Ronin bridge is an alarm for all. So it is better to spend resources to review on security. Prevention is alwayd better than cure and in crypto, it is still right.

Quote

About the first part you wrote- you cannot be more right. But I believe (or in other words, we know freebitco is not a scam company) they know what to do.

Hey, please understand it correctly. Where did you see I call Freebitco is a scam company? I have never written anything like that.

Security breach does not always relate to a scam company. Do you call Sky Mavis is a scam one? If you call them like that, is it true?

pawanjain

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Nothing lasts forever

Quote from: Mahdirakib on March 29, 2022, 03:30:14 PM

Quote from: UserU on March 24, 2022, 11:22:28 AM

Quote from: pawanjain on March 24, 2022, 10:49:30 AM

What if BTC crosses $45k by the end of this month ? Shocked

Also, didn't you think ETH bet would have made more sense though ?

If that happens, I'll be a sad panda.
As we're speaking, it's creeping towards 44K. No worries though, my balance wasn't that much when I decided to go all-in. Lose or not, I just want those RP to withdraw my sweet BTC

Now bitcoin price is staying between $45k to $50k range for the recent strong move of the crypto market. Bitcoin price will drop below $45k if a reverse move happen within tomorrow. Otherwise you will loss your both (all-in) bets. Maybe you are going to loss your bankroll in this month. It wouldn't be a great deal if you placed bets in ETH. The price of ETH has increased significantly as well. And the number of bets is quite low on the current ETH price range. Perhaps, bettors didn't expect such price change in the last week of the month.

That's true. Bitcoin is still hovering in the $45k - $50k range and I personally think it will stay in this range.
Lucky are those who would have bet in this range and the returns are worth the bet as well.
Those who bet in this range strongly deserves these rewards but lets see what happens in the next 24 to 36 hours.

PawGo

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Quote from: hd49728 on March 30, 2022, 10:13:50 AM

The team should pay more resources for security because there are a few hacks on crypto bridges and the latest one ison Ronin Bridge and Axie Infinity.

Do you have any reasons for assuming that they do not care enough about so-called security?
I suppose it is not so easy to join network like that, I believe they are serious company. They business partners for sure checked different aspects of partnership and whom they make business to.

About the first part you wrote- you cannot be more right. But I believe (or in other words, we know freebitco is not a scam company) they know what to do.

hd49728

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Not your keys, not your coins!

Quote from: freebitco.in PR on March 30, 2022, 08:59:33 AM

This is just the beginning. There's more to come. Watch this space.

I aggree that it is only the beginning. Only for holders for now and total holders must increase more to attract investors. I know Polygon is a new deployment for FUN token but on any chain, total holders and fair distribution are important for experienced investors to look at, take into consideration and make decision.

The team should pay more resources for security because there are a few hacks on crypto bridges and the latest one ison Ronin Bridge and Axie Infinity.

freebitco.in PR

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freebitco.in Official PR Account

It's time...

XFUN - FUNToken's low latency, high speed, gas-free counterpart on the Polygon network - is here.

The journey towards achieving truly decentralized, non-custodial gaming starts with XFUN. The smart contract can be found here: https://polygonscan.com/token/0x8Cf745561791A43d70F75e85FbC6e3752395C5f0

The XFUN Wallet v1.0 is already out on iOS and Android.

This is just the beginning. There's more to come. Watch this space.

arallmuus

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Quote from: dabbur on March 30, 2022, 01:57:56 AM

My oppinion is keep it as simpel as possible. If that Time Weight Multiplier was gone I would bet more often there. And in addition the odds would be more transparent than. What do you guys think about it?

If you remove that then it would be pretty much similar as normal bookies and I think its kinda essential there because it gives some people incentives to bet as early as possible thus building up the prizepool as well. If everyone just waited till last minute to bet then the prizepool will be much smaller and it might not even be lucrative enough for people to join in that pool

PawGo

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Activity: 952

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Quote from: dabbur on March 30, 2022, 01:57:56 AM

I thought about the Time Weight Multiplier too. Maybe there should be a remark that odds dont include the Time Weight Multiplier bonus. However I dont like this Time Weight Multiplier anyway. Cant see any advantage in it. Ok you get higher quotes when betting earlier but odds are fluctuating often significantly especially at the begining so that can easily offset the Time Weight Multiplier. My oppinion is keep it as simpel as possible. If that Time Weight Multiplier was gone I would bet more often there. And in addition the odds would be more transparent than. What do you guys think about it?

Exactly my words, that's wrote I wrote few pages ago. When we talk about money/casino/betting, keep it simple. To avoid confusion, discussion, doubts and false claims.
I do not understand idea of Time Weight Multiplier - the value from the moment when you place your bet is 'lost', as it is not displayed anywhere; it makes verification much more difficult. The same with odds which may change in time - you cannot verify what were the odds yesterday. Too much kung-fu!

dabbur

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Quote from: TheQuin on March 29, 2022, 08:51:40 PM

Quote from: dabbur on March 29, 2022, 11:23:36 AM

Quote from: babygun on March 29, 2022, 05:15:01 AM

Quote from: dabbur on March 29, 2022, 01:14:30 AM

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

As arallmuus already explained, freebitco.in is different from the other bookies as their system is based on parimutuel betting so the odds depend on how many people are betting on it. If you place a bet, just before the market closes, your odd will not have varied a lot so it is still betting and not gambling that you are doing.

The odds do not depend on how many people are betting on it. If one person bets 1btc on outcome 1 and 10 people 0.1 btc each on outcome 2 than the odds are still the same - it depends on the total stakes (totalisator). But I am talking about the house-take here, the payout rate of FreeBitco.in seems not to be very generous if I am looking at the odds.

You are talking incorrectly about the house rake. It is 5%. The reason the odds appear less is that they don't include the Time Weight Multiplier. Everyone actually gets more than the displayed odds.

I thought about the Time Weight Multiplier too. Maybe there should be a remark that odds dont include the Time Weight Multiplier bonus. However I dont like this Time Weight Multiplier anyway. Cant see any advantage in it. Ok you get higher quotes when betting earlier but odds are fluctuating often significantly especially at the begining so that can easily offset the Time Weight Multiplier. My oppinion is keep it as simpel as possible. If that Time Weight Multiplier was gone I would bet more often there. And in addition the odds would be more transparent than. What do you guys think about it?

barbara44

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Activity: 2548

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Quote from: arallmuus on March 28, 2022, 09:22:06 PM

~snip

That is what the great part about it as well, you could see one side being worse than regular bookies, but that usually means that the other side is better than the regular bookies. I just do not like it during champions league games because I have seen a few times when it was worse for both sides, but regular league games, and specially low rated games that are not really getting too much attention could be so awesome, I have seen both sides better as well.

So, it is really not that much of a different clear cut thing when you compare. It all depends on what you want to wager and based on that you could end up with something good or bad compared to other places, you have to check each individual bet for that.

TheQuin

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

Quote from: dabbur on March 29, 2022, 11:23:36 AM

Quote from: babygun on March 29, 2022, 05:15:01 AM

Quote from: dabbur on March 29, 2022, 01:14:30 AM

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

As arallmuus already explained, freebitco.in is different from the other bookies as their system is based on parimutuel betting so the odds depend on how many people are betting on it. If you place a bet, just before the market closes, your odd will not have varied a lot so it is still betting and not gambling that you are doing.

The odds do not depend on how many people are betting on it. If one person bets 1btc on outcome 1 and 10 people 0.1 btc each on outcome 2 than the odds are still the same - it depends on the total stakes (totalisator). But I am talking about the house-take here, the payout rate of FreeBitco.in seems not to be very generous if I am looking at the odds.

You are talking incorrectly about the house rake. It is 5%. The reason the odds appear less is that they don't include the Time Weight Multiplier. Everyone actually gets more than the displayed odds.

Mahdirakib

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In Search of Incredible

Quote from: UserU on March 24, 2022, 11:22:28 AM

Quote from: pawanjain on March 24, 2022, 10:49:30 AM

What if BTC crosses $45k by the end of this month ? Shocked

Also, didn't you think ETH bet would have made more sense though ?

If that happens, I'll be a sad panda.
As we're speaking, it's creeping towards 44K. No worries though, my balance wasn't that much when I decided to go all-in. Lose or not, I just want those RP to withdraw my sweet BTC

Now bitcoin price is staying between $45k to $50k range for the recent strong move of the crypto market. Bitcoin price will drop below $45k if a reverse move happen within tomorrow. Otherwise you will loss your both (all-in) bets. Maybe you are going to loss your bankroll in this month. It wouldn't be a great deal if you placed bets in ETH. The price of ETH has increased significantly as well. And the number of bets is quite low on the current ETH price range. Perhaps, bettors didn't expect such price change in the last week of the month.

dabbur

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Activity: 118

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Quote from: babygun on March 29, 2022, 05:15:01 AM

Quote from: dabbur on March 29, 2022, 01:14:30 AM

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

As arallmuus already explained, freebitco.in is different from the other bookies as their system is based on parimutuel betting so the odds depend on how many people are betting on it. If you place a bet, just before the market closes, your odd will not have varied a lot so it is still betting and not gambling that you are doing.

The odds do not depend on how many people are betting on it. If one person bets 1btc on outcome 1 and 10 people 0.1 btc each on outcome 2 than the odds are still the same - it depends on the total stakes (totalisator). But I am talking about the house-take here, the payout rate of FreeBitco.in seems not to be very generous if I am looking at the odds.

freebitco.in PR

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Activity: 1485

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freebitco.in Official PR Account

FUNToken Rises Up the Ranks on Uniswap + New Pair Added!

On March 28, Uniswap added the FUN/DAI trading pair; FUNToken can now be traded against the top five tokens on the platform. Click here to access the FUN/DAI pair on Uniswap.

Also, FUN's TVL surged to $20.69 million and the token now ranks 22nd by TVL, above the likes of LINK, MKR, SAND, AAVE, and more. FUNToken also boasts over $1 million in daily volume on the platform.

Click here to buy/trade FUNToken at Uniswap.

STT

legendary

Activity: 4102

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That kind of imbalance naturally occurring is an opportunity to seize at times, its an extra level of judgement and something to watch. I like it personally as people crowds even can be wrong and they can gift me nicer odds especially on outside outcomes, if Im taking a risk give me the higher odds. I wont complain, maybe it doesn't work out as well for those who like to take the favorites but its upto you to judge, caveat emptor :p

babygun

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Top-tier crypto casino and sportsbook

Quote from: dabbur on March 29, 2022, 01:14:30 AM

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

As arallmuus already explained, freebitco.in is different from the other bookies as their system is based on parimutuel betting so the odds depend on how many people are betting on it. If you place a bet, just before the market closes, your odd will not have varied a lot so it is still betting and not gambling that you are doing.

dabbur

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Activity: 118

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Quote from: arallmuus on March 28, 2022, 09:22:06 PM

Quote from: dabbur on March 28, 2022, 05:01:10 PM

Quote from: arallmuus on March 28, 2022, 04:06:49 PM

-snip

I guess this is just like how a common bookie would do. If more people bet on it, odds go down - nothing special.

Yeah its pretty much the same though otherwise people would flock to parimutuel betting instead of going to the usual bookies

Quote from: dabbur on March 28, 2022, 05:01:10 PM

It does not depend on the model if its better or not in this case, it depends on the payout percentage.
I just checked the payout percentage for the Chelsea - Brentford event. With the actual odds at FreeBitco.in the payout would be ca. 90 percent. All 35 bookies listed at oddsportal have higher payouts. So FreeBitco.in is a lousy bookie. Good bookies have 97-98 percent payout.

Its because alot of people are betting on that pool thus making the odds significantly lower compared to other bookies. Well regarding the odds, you might be able to get better odds on some other pool such as Wolves vs Aston Villa, Wolves to win is currently @3.77 which is higher than common bookies @2.55 odds. Odds could be dropping before it closes but most likely could be higher than the common bookies odds

It does only depand on how much the bookie is willing to pay out not how many people are betting. If the volume for all placed bets would be 1 btc and FreeBitco.in was paying out 0.9 btc to the winners than payout is 90 percent. Its not forbidden paying out 0,95 btc but profit for FreeBitco.in would be less than.
"Odds could be dropping before it closes" yes thats the problem. You dont know your final odd when placing the bet. This makes it more like gambling instead of betting. With betting, if you are doing it smart, you can win in the long run but not with gambling. With gambling your money is gone when entering the casino - in the long run.

arallmuus

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Quote from: dabbur on March 28, 2022, 05:01:10 PM

Quote from: arallmuus on March 28, 2022, 04:06:49 PM

-snip

I guess this is just like how a common bookie would do. If more people bet on it, odds go down - nothing special.

Yeah its pretty much the same though otherwise people would flock to parimutuel betting instead of going to the usual bookies

Quote from: dabbur on March 28, 2022, 05:01:10 PM

It does not depend on the model if its better or not in this case, it depends on the payout percentage.
I just checked the payout percentage for the Chelsea - Brentford event. With the actual odds at FreeBitco.in the payout would be ca. 90 percent. All 35 bookies listed at oddsportal have higher payouts. So FreeBitco.in is a lousy bookie. Good bookies have 97-98 percent payout.

Its because alot of people are betting on that pool thus making the odds significantly lower compared to other bookies. Well regarding the odds, you might be able to get better odds on some other pool such as Wolves vs Aston Villa, Wolves to win is currently @3.77 which is higher than common bookies @2.55 odds. Odds could be dropping before it closes but most likely could be higher than the common bookies odds

dabbur

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Quote from: arallmuus on March 28, 2022, 04:06:49 PM

Quote from: virasog on March 28, 2022, 11:46:02 AM

Do you mean that freebitco follows this method of gambling and final odds are calculated once the betting period is over?
This means if more people will bet on a team, its odds will decrease automatically and if fewer people bet on a team, its odds will increase?

Yeah this is called parimutuel betting. There is also time weight multiplier on freebitco.in although it wont differ that much from the final odds but everyone could be getting different odds depending on when you bet. Someone that bet early will have higher odds compared to someone that bet on the few last hour before it closes

Quote from: virasog on March 28, 2022, 11:46:02 AM

So is this model better than the traditional betting model where odds are usually set by the bookies (gambling sites)?

It totally depends on what you are betting and the type of bet that we are refering to. If you loves to bet on underdog to win then parimutuel betting could be giving you better odds because most people will flock on favourites

I guess this is just like how a common bookie would do. If more people bet on it, odds go down - nothing special.

It does not depend on the model if its better or not in this case, it depends on the payout percentage.
I just checked the payout percentage for the Chelsea - Brentford event. With the actual odds at FreeBitco.in the payout would be ca. 90 percent. All 35 bookies listed at oddsportal have higher payouts. So FreeBitco.in is a lousy bookie. Good bookies have 97-98 percent payout.

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 534. (Read 562997 times)