FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 690.

Saint-loup

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Quote from: babygun on July 26, 2021, 07:20:56 PM

Quote from: Saint-loup on July 26, 2021, 06:10:36 PM

Quote from: babygun on July 25, 2021, 02:37:44 PM

I didn't really do calculations to determine the ROI of my investment but I am pretty sure it will be around 1 year of less.
I bought 5000 tokens at an average of 70 satoshis. I think in total I already won around 45 - 50k in RP and I also won a couple of times already 5000 satoshis.

What do you mean by ROI precisely? Because I don't think 3 or 4 Wheel of Fortune spins per day will let you earn 350 000 sats in one year... So I think you've taken into account the value of your FUN tokens. But how do you know at which price you'll be able to sell them in one year?

Sorry, I meant that my average buying price of the FUN tokens is 70 satoshis. With ROI, I mean return on investment but I think I made a calculation error. In 4 months time I already earned 50k rP + 15000 satoshis, so if this continues I will have my full investment back in less than 2 years, which is still nice.
I am not planning to sell anytime soon these 5000 FUN tokens. I bought some more when the price was 50 and 60 satoshis and these I will sell when the price pumps again heavily.

So you mean you think you will get a ROI of +100% in BTC in less than one year? Huh

Wow it's interesting I wasn't aware of these figures. Well it's a little bit unfair for bigger investors, because with 50 times more tokens (250 000) you get less than 3 times more Wheel of Fortune spins than with 5000 and you can't reach such ROI even with the cashback and the extra earning interests.

Quote from: FinneysTrueVision on July 26, 2021, 07:29:40 PM

Quote from: Saint-loup on July 26, 2021, 06:10:36 PM

What do you mean by ROI precisely? Because I don't think 3 or 4 Wheel of Fortune spins per day will let you earn 350 000 sats in one year... So I think you've taken into account the value of your FUN tokens. But how do you know at which price you'll be able to sell them in one year?

FUN is down over 10% against Bitcoin in the last few days so it's going to be really difficult for anybody to recover their investment through the value of the tokens. I bought tokens when the program was already a few months old so the price wasn't as high. At today's prices I probably could have broke even within 6 months, taking into account the total value of my tokens plus rewards from WOF, but I had been reinvesting my profits back into FUN so now I'm in a deeper hole.

Well if you have reinvested your profits then you have lowered your break even point because you've certainly bought those tokens at a lower price than the first ones, so your "hole" as you say is maybe less deep than you think.

FinneysTrueVision

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Top Crypto Casino

Quote from: Saint-loup on July 26, 2021, 06:10:36 PM

Quote from: babygun on July 25, 2021, 02:37:44 PM

I didn't really do calculations to determine the ROI of my investment but I am pretty sure it will be around 1 year of less.
I bought 5000 tokens at an average of 70 satoshis. I think in total I already won around 45 - 50k in RP and I also won a couple of times already 5000 satoshis.

What do you mean by ROI precisely? Because I don't think 3 or 4 Wheel of Fortune spins per day will let you earn 350 000 sats in one year... So I think you've taken into account the value of your FUN tokens. But how do you know at which price you'll be able to sell them in one year?

FUN is down over 10% against Bitcoin in the last few days so it's going to be really difficult for anybody to recover their investment through the value of the tokens. I bought tokens when the program was already a few months old so the price wasn't as high. At today's prices I probably could have broke even within 6 months, taking into account the total value of my tokens plus rewards from WOF, but I had been reinvesting my profits back into FUN so now I'm in a deeper hole.

babygun

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Top-tier crypto casino and sportsbook

Quote from: Saint-loup on July 26, 2021, 06:10:36 PM

Quote from: babygun on July 25, 2021, 02:37:44 PM

I didn't really do calculations to determine the ROI of my investment but I am pretty sure it will be around 1 year of less.
I bought 5000 tokens at an average of 70 satoshis. I think in total I already won around 45 - 50k in RP and I also won a couple of times already 5000 satoshis.

What do you mean by ROI precisely? Because I don't think 3 or 4 Wheel of Fortune spins per day will let you earn 350 000 sats in one year... So I think you've taken into account the value of your FUN tokens. But how do you know at which price you'll be able to sell them in one year?

Sorry, I meant that my average buying price of the FUN tokens is 70 satoshis. With ROI, I mean return on investment but I think I made a calculation error. In 4 months time I already earned 50k rP + 15000 satoshis, so if this continues I will have my full investment back in less than 2 years, which is still nice.
I am not planning to sell anytime soon these 5000 FUN tokens. I bought some more when the price was 50 and 60 satoshis and these I will sell when the price pumps again heavily.

ilovesushi1337

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Quote from: Twinkledoe on July 26, 2021, 03:53:02 PM

Quote from: ilovesushi1337 on July 26, 2021, 01:38:08 PM

Hi, I don't mean to quote this but it seems there's no other way I can get ahold of anyone at freebitco.in. Freedoge.co.in shut down, I submitted my info, got an e-mail to confirm withdrawal, confirmed this withdrawal request over a month ago (the e-mail told me that I would receive payment in 7 days) and I'm still waiting for the owed Dogecoin. Is there any chance this gets approved? Thanks in advance!

Yes, freedoge was already shutdown a long time ago. I don't know if they are still allowing the withdrawal up until now. Hope the PR rep here will answer your question once and for all. So at least close your case if they are not anymore accepting withdrawal. But the form is still available, so hopefully, you can still get your doge, which is actually has a very good price as compared to the last time you used freedoge.

Quote from: STT on July 26, 2021, 06:18:59 PM

That site closed but last I read they allow the manual withdrawal via request however it was going extremely slowly due to having to recompile a database node or something. Just doing a full wallet build on BTC is a pain, on Doge it must be a nightmare at this point. Its such a fast blockchain and its been around many years now so its spammed and grown to epic sizes I guess, I used it when 100k doge was not hard to get. I figured it'd be dead long ago, various bots using it died or were compromised but overall the blockchain has issues apparently and thats why you may have some delayed response. I just respond because I frequent the thread so often, thats the last I remember reading.

I wonder on the worth of converting doge to FUN since thats now a thing, might be the ideal swap. I'd be tempted to just auto convert all remaining parties in that way if the process is that hard to do maybe en masse it would be less so, but thats a controversial option Shocked

BTC isnt going to deliver an ideal blow off price into month end, just saying I doubt it. Aspirations are capped, I wish I was wrong though at least it moved and did something more interesting then sideways.

I did get the confirm e-mail which said it would be processed within a week and I've been waiting on it for a month. Just waiting to see if I can have an actual answer about this matter - thank you Twinkledoe & STT!

STT

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That site closed but last I read they allow the manual withdrawal via request however it was going extremely slowly due to having to recompile a database node or something. Just doing a full wallet build on BTC is a pain, on Doge it must be a nightmare at this point. Its such a fast blockchain and its been around many years now so its spammed and grown to epic sizes I guess, I used it when 100k doge was not hard to get. I figured it'd be dead long ago, various bots using it died or were compromised but overall the blockchain has issues apparently and thats why you may have some delayed response. I just respond because I frequent the thread so often, thats the last I remember reading.

I wonder on the worth of converting doge to FUN since thats now a thing, might be the ideal swap. I'd be tempted to just auto convert all remaining parties in that way if the process is that hard to do maybe en masse it would be less so, but thats a controversial option Shocked

BTC isnt going to deliver an ideal blow off price into month end, just saying I doubt it. Aspirations are capped, I wish I was wrong though at least it moved and did something more interesting then sideways.

Saint-loup

legendary

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Quote from: babygun on July 25, 2021, 02:37:44 PM

I didn't really do calculations to determine the ROI of my investment but I am pretty sure it will be around 1 year of less.
I bought 5000 tokens at an average of 70 satoshis. I think in total I already won around 45 - 50k in RP and I also won a couple of times already 5000 satoshis.

What do you mean by ROI precisely? Because I don't think 3 or 4 Wheel of Fortune spins per day will let you earn 350 000 sats in one year... So I think you've taken into account the value of your FUN tokens. But how do you know at which price you'll be able to sell them in one year?

Twinkledoe

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Quote from: ilovesushi1337 on July 26, 2021, 01:38:08 PM

Hi, I don't mean to quote this but it seems there's no other way I can get ahold of anyone at freebitco.in. Freedoge.co.in shut down, I submitted my info, got an e-mail to confirm withdrawal, confirmed this withdrawal request over a month ago (the e-mail told me that I would receive payment in 7 days) and I'm still waiting for the owed Dogecoin. Is there any chance this gets approved? Thanks in advance!

Yes, freedoge was already shutdown a long time ago. I don't know if they are still allowing the withdrawal up until now. Hope the PR rep here will answer your question once and for all. So at least close your case if they are not anymore accepting withdrawal. But the form is still available, so hopefully, you can still get your doge, which is actually has a very good price as compared to the last time you used freedoge.

trashman707

newbie

Activity: 11

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this web are G(OLD)
but are hard to get good number on roll
even jackpot
(poorly me)

ilovesushi1337

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Merit: 0

Quote from: TheQuin on July 23, 2021, 08:44:39 PM

Quote from: dezoel on July 23, 2021, 02:46:01 PM

I am not 100% sure if I agree with that. Maybe here it is not such a big deal but you do share lambo winners here (which is I am sure not because of anything specific, just to show it is fair) but in other places I have seen people share big wins all the time, I don't want to name any other casinos names, but whenever there is a big win in a casino they share the big win on their bitcointalk topic all the time, and in another place which is a sportsbook they share all the parlays all the time whenever someone wins a big odd thing.

So, I know minimum of two places which are HUGE in their respective parts of the gambling world, they keep sharing all the big wins. If they didn't care about individual success and think that does bring more business, they wouldn't share all those things all the time, whenever someone wins like a 40x or more odds they keep sharing it, or if it is huge amount. Hence I believe there are some casinos who cares, and some who do not care, I do not think that there is one correct answer to it.

It's something I'm not personally keen on. I think there should be some kind of opt-in for the winners to decide if they want publicity or not.

Quote from: Chikito on July 23, 2021, 08:10:05 PM

The betting table looks filled enough Tokyo Olympic but several games aren't popular for me such as hockey, golf, and rugby. Is there any possibility to list popular sports for the next like athletics, swimming, and volleyball?.

There are thousands of events at the Olympics and everyone would have a different idea of what is popular. We should have a few athletics and cycling bets coming up but I don't want to go over the top on it (not least because of the work involved for me tracking the results and doing the payouts on time). The betting is the most support intensive side of the site in terms of the number of queries I get about each bet.

Quote from: freebitco.in PR on July 25, 2021, 09:47:15 PM

Collect as many tickets as you can by wagering and free spins to increase your chance of winning up to $7,500 in BTC on the coming Sunday.

Congratulations to the 10 Lucky Winners of Lottery Round 321.

https://sirv.freebitco.in/1627267620_fwfC52MQ.png

Hi, I don't mean to quote this but it seems there's no other way I can get ahold of anyone at freebitco.in. Freedoge.co.in shut down, I submitted my info, got an e-mail to confirm withdrawal, confirmed this withdrawal request over a month ago (the e-mail told me that I would receive payment in 7 days) and I'm still waiting for the owed Dogecoin. Is there any chance this gets approved? Thanks in advance!

freebitco.in PR

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freebitco.in Official PR Account

Collect as many tickets as you can by wagering and free spins to increase your chance of winning up to $7,500 in BTC on the coming Sunday.

Congratulations to the 10 Lucky Winners of Lottery Round 321.

STT

legendary

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I've won 5000 level prizes 3 out of the last 4 days, so I find the cost of tokens is justified and it just makes it more interesting so why not. I think there is a bias that will return price upwards, especially the larger players with cashback can justify or people who keep a balance can also justify it. I also just got my higher 180 day level of rewards so didn't feel too long really.
My main thinking or consideration really was, will I hold into 2022 regardless of a BTC pullback which invariably happens and I will carry on participating on the site so it was fair to go ahead. Sure enough we have pulled back though it rises for the moment, I think it'll take its time. My general thinking its not a ski slope type action now it'll likely rise in a second stage of movement that turns all crypto and various tokens far more positive again but Im unconvinced we are all clear just yet; I continue to add a few FUN occasionally, time based cost averaging I do on lots of assets.

babygun

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Top-tier crypto casino and sportsbook

I didn't really do calculations to determine the ROI of my investment but I am pretty sure it will be around 1 year of less.
I bought 5000 tokens at an average of 70 satoshis. I think in total I already won around 45 - 50k in RP and I also won a couple of times already 5000 satoshis.

Generalzod580

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Quote from: jaysabi on February 07, 2021, 11:38:21 AM

Quote from: FinneysTrueVision on February 06, 2021, 06:20:18 PM

Quote from: jaysabi on February 06, 2021, 10:16:16 AM

I looked at WOF spins primarily, as that's what I see as the biggest perk of the program. The extra interest doesn't amount to much by comparison. Here's what I calculated:

At 5000 Fun tokens, the cost is currently 500k sats (it was more when I did my initial calcs too). After a month you get 3 extra WOF spins and it scales up to 6 daily WOF spins after a year. For the sake of simplicity, I'm just going to calculate 6 extra WOF spins from the start. WOF spins are generally worth 50 sats. Either you get 50 sats or 50 rp which given enough time you can convert to 50 sats if you make it to 100k rp. Sometimes you get more sats on a spin, but sometimes you get lottery tickets too which in all likelihood translate to 0. So expecting 50 sats per spin is reasonable and I would say necessary when you're calculating time to recover investment.

At 6 extra spins a day, you're looking at 300 sats as the extra perk. On a 500k sat investment cost, that's 1667 days, or 4.56 years. And that's only if FUN holds the value you bought it at. Taken that as a given, it's not a compelling investment given the risks. I think you can get more perks at much higher investment costs, but honestly, that's even more risky in my view, so I calculated on what seemed like a reasonable test tier.

Happy to hear any input on where you think I've made an error in logic or if I'm missing something about the program.

You are assuming that the odds of winning 5000 sats are 0% but it is above 1%. At 6 spins per day you should win 5000 sats more than 20 times in a year. That's 100k sats and 100k reward points in a year. There will also be smaller prizes that could give you another 100k sats and 100k reward points per year. Plus, you'd also be getting interest on sats you otherwise wouldn't have.

As I said, it was very rough math done quickly to get in the ballpark of what the return on investment is. But let's correct a couple errors in your logic. First, you're deducting sats from your account to buy FUN, so you're not making any extra interest until the purchase price of FUN has been fully recovered. In fact, you're making less interest until that point, so that's an additional cost of FUN that has to be taken into account when calculating break even.

Second, your expectation to win twenty 5k sat prizes on 1% probability in a year on 2190 spins is overblown. You have to use a binomial probability equation to solve this. Saving the hardcore math and just using a calculator for this, the odds of winning at least twenty 5k prizes in 2190 spins is only 68.7%. Expecting 100k in earnings is not a safe assumption.

Under the best circumstances, the end result is still multi-year repayment period on an alt coin that will probably not hold its value it attains during this pump and which most people buy in at.

Reading this really opened my mind to the opportunity cost of buying fun tokens in that the sats spent will no longer be earning interest directly,
However it also made me realise that since the average daily reward for fun tokens membership level 1 is approx 50 sats through the initial 1 free WOF but in the form of rp, lottery tickets or sats itself,
if one where to then calculate the amount to get the first premium membership of 2500 fun tokens which is about 0.0011btc with fun being at a price of 44 sats per one.
it can therefore be estimated that your daily 4.08apy interest on that 0.0011btc would ideally be just 12 sats, On the contrary if that btc was used to purchase fun tokens your daily interest would technically be increased to 50 sats as per that being the average wof reward and 1 is instantly awarded after just one day of purchasing and holding the 2500 fun tokens

dwyane36

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Quote from: uneng on July 24, 2021, 03:58:48 PM

Quote from: Betwrong on July 24, 2021, 04:14:39 AM

Btw, as you all can see, I won 5k sats on WOF today. Again!

Very nice. I have also won some nice prizes recently from 500 to 5000 satoshis and 50 satoshis more often. This wheel of fortune is being really good and although the faucet's rewards are insanely low, the wheel still keeps Freebitco.in at the top of best faucets of crypto universe.
Now the first thing I do when I start my day is to login into my email account and grab my free ticket spin, it's really satisfactory even if I don't win good rewards. I'm glad Freebitco.in team introduced this idea in the site. Their marketing department is really good and knows how to captivate users.

Yeah, winnings of 5k sats, lottery tickets, or RP often appear in this thread. I guess even one daily free ticket for the wheel of fortune might be a good alternative to freebitcoin faucet, especially for new users who can get only a couple of sats as a minimum faucet reward.

Juggy777

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Quote from: jamyr on July 25, 2021, 04:34:48 AM

Quote from: uneng on July 24, 2021, 03:58:48 PM

Quote from: Betwrong on July 24, 2021, 04:14:39 AM

Btw, as you all can see, I won 5k sats on WOF today. Again!

Very nice. I have also won some nice prizes recently from 500 to 5000 satoshis and 50 satoshis more often. This wheel of fortune is being really good and although the faucet's rewards are insanely low, the wheel still keeps Freebitco.in at the top of best faucets of crypto universe.
Now the first thing I do when I start my day is to login into my email account and grab my free ticket spin, it's really satisfactory even if I don't win good rewards. I'm glad Freebitco.in team introduced this idea in the site. Their marketing department is really good and knows how to captivate users.

I sometimes participate with free Wheel of Fortune ticket(s) I get on my email. In my observation I get to use the 2 most recent emails which sometimes give me RPs or satoshis. Question is how many hours or days does it usually take before a free ticket from an email expires?

@jamyr the question you asked is already answered in the mails it’s 48 hours and they’ll specify it, check all the mails they have written it. Also I too have won 5k sats, but these days I have to be content with 50 Satoshis or those lottery tickets and I have won some 5000+ tickets for this week so wish me luck that I get a big price from Freebitco during this weeks draw.

jamyr

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<------

Quote from: uneng on July 24, 2021, 03:58:48 PM

Quote from: Betwrong on July 24, 2021, 04:14:39 AM

Btw, as you all can see, I won 5k sats on WOF today. Again!

Very nice. I have also won some nice prizes recently from 500 to 5000 satoshis and 50 satoshis more often. This wheel of fortune is being really good and although the faucet's rewards are insanely low, the wheel still keeps Freebitco.in at the top of best faucets of crypto universe.
Now the first thing I do when I start my day is to login into my email account and grab my free ticket spin, it's really satisfactory even if I don't win good rewards. I'm glad Freebitco.in team introduced this idea in the site. Their marketing department is really good and knows how to captivate users.

I sometimes participate with free Wheel of Fortune ticket(s) I get on my email. In my observation I get to use the 2 most recent emails which sometimes give me RPs or satoshis. Question is how many hours or days does it usually take before a free ticket from an email expires?

uneng

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Leading Crypto Sports Betting & Casino Platform

Quote from: Betwrong on July 24, 2021, 04:14:39 AM

Btw, as you all can see, I won 5k sats on WOF today. Again!

Very nice. I have also won some nice prizes recently from 500 to 5000 satoshis and 50 satoshis more often. This wheel of fortune is being really good and although the faucet's rewards are insanely low, the wheel still keeps Freebitco.in at the top of best faucets of crypto universe.
Now the first thing I do when I start my day is to login into my email account and grab my free ticket spin, it's really satisfactory even if I don't win good rewards. I'm glad Freebitco.in team introduced this idea in the site. Their marketing department is really good and knows how to captivate users.

babygun

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Top-tier crypto casino and sportsbook

Quote from: iv4n on July 23, 2021, 10:08:43 PM

You are lucky if you often win 5k prize!

I forgot to mention the price. You are totally right about that part . It's 46 sats for some time, but who knows what can happen in the future, in a case it dips, buying now would be a bad move. I didn't bother to learn more about Fun token, and I am not sure what we can expect from Fun token in terms of price. I bought it for spins on the site, but I guess I will have to check more about it.
What you think about the Fun token price in the future?

I also bougth the FUN token to acquire some extra WOF spins but in the think in the future the price will be a lot higher. When they acquired the FUN tokens, the prices jumped above 100 satoshis and they have an interesting roadmap uphand which could/have a positive impact on the price.

Quote from: Chikito on July 23, 2021, 08:10:05 PM

The betting table looks filled enough Tokyo Olympic but several games aren't popular for me such as hockey, golf, and rugby. Is there any possibility to list popular sports for the next like athletics, swimming, and volleyball?.

the bet table missed the women's badminton also which we have Greysia Polii/Apriyani Rahayu which my favorite champions (maybe I'm late for the table). So far Kento Momota (1.60) is still the favorite in men's, but I have to support both; Jonatan Christie and Anthony Ginting also.

I placed a bet on Momota to win as he is the big favorite but I think the biggest competition will be from Antonsen and Axelsen from Denmark.

freebitco.in PR

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freebitco.in Official PR Account

Win a Lambo 5 - 658,000 Tickets Already Distributed!

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Betwrong

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Quote from: TheQuin on July 23, 2021, 12:20:36 AM

Quote from: STT on July 22, 2021, 06:49:49 PM

I doubt casinos do hate big winners, if they didnt exist it would reduce their overall revenue which is where they pick up the profit just from averages not the idea of waging any war or even negative stance towards seperate players. If anything surely casinos want more notable winners so long as it also correlates to more custom, almost every industry its about the revenue and growth etc.

Casinos don't have an interest in individual outcomes. They just want people to wager because that gives them a chance to profit.

This.

With enough users, especially with millions of them like on freebitco.in, all wins are more or less compensated by losses, and vice versa. A gambling site is earning from house edge, and, as @STT has rightly noted, is even interested in some players winning big because that would attract more users.

Quote from: chenpa on July 23, 2021, 02:19:54 PM

anybady know where i can see history of my WOF spin ?

Click on MULTIPLY BTC here

and then scroll down to see your ROLL HISTORY, like this

Btw, as you all can see, I won 5k sats on WOF today. Again!

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 690. (Read 562216 times)