Looks like reward points have been getting extra attention these days, didn't we just had another reward point thing just recently? It became back to back very quickly. I rather would like to see lottery tickets actually, or maybe something else but reward points are not really doing all that well right now since I either withdraw it as satoshis (which is what I do always) or maybe I could wait for years to get some physical thing (or gift code) and I rather not do that at all right now. Hence, best case here we should be looking at making as much real money instead of reward points and I don't know what that could be.
Maybe increase the free faucet a tiny bit instead? We all know there are levels of faucet, if you are new you are not making that much from faucet whereas when you gambled a ton you can roll for more at minimum, so you can increase everyone's level a bit more during a set period of time?
Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 850. (Read 529434 times)
June 04, 2020, 01:43:22 PM
June 04, 2020, 01:08:34 PM
Most of the old crypto gambling sites that had faucets in the past removed them because the gambler never made a deposit and was never going too. Many pioneer bitcoin dice sites like Primedice didn't have any ads to gain revenue, their revenue was the house edge and dice profits. So if somebody won big at a faucet deposit then it was a pure loss for them.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
Ah yeah, the pure casino faucets were always the problematic ones especially for those who would go for 990x or even higher. I think some removed but others made it remain, but with certain conditions that count for abuse. I think the problem as you say became a big one in 2017 when waves of faucet abusers came online and sucked faucets and casino faucets dry..
No, there was a lot of good faucets back in the day, but advertisers quickly realized that faucet traffic was not good advertising for them, because people using a faucet are not their target market. This is why some sites paying for traffic, stopped paying large amounts for faucet traffic.
When this happened, Freebitco.in made the decision to switch their business model to a "gambling" site and not a faucet site and also to eliminate or reduce advertisements for a better gambling experience.
This is where you have to give credit to Wetsuit and his team, they anticipate changes in the market and they adapt to those changes or the needs of their users. The rest of the faucets did not adapt to the change and they just faded away.
June 04, 2020, 11:52:33 AM
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June 04, 2020, 11:49:13 AM
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June 04, 2020, 07:53:23 AM
Ah yeah, the pure casino faucets were always the problematic ones especially for those who would go for 990x or even higher. I think some removed but others made it remain, but with certain conditions that count for abuse. I think the problem as you say became a big one in 2017 when waves of faucet abusers came online and sucked faucets and casino faucets dry..
Well, smart casinos nowadays limit the faucet claims to zero balances. Sure, there are those lucky ones that might still cashout but they're the minority.
If there's no faucet, how do they expect players to stay loyal if they don't get to enjoy with whatever they have? Plus, the higher minimum withdrawal is not an issue if you're planning to stay.
June 04, 2020, 06:20:54 AM
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June 03, 2020, 03:00:28 PM
Most of the old crypto gambling sites that had faucets in the past removed them because the gambler never made a deposit and was never going too. Many pioneer bitcoin dice sites like Primedice didn't have any ads to gain revenue, their revenue was the house edge and dice profits. So if somebody won big at a faucet deposit then it was a pure loss for them.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
Ah yeah, the pure casino faucets were always the problematic ones especially for those who would go for 990x or even higher. I think some removed but others made it remain, but with certain conditions that count for abuse. I think the problem as you say became a big one in 2017 when waves of faucet abusers came online and sucked faucets and casino faucets dry..
So, there was scripts that refreshed whenever lost and stopped whenever it won, you could leave it when you went to sleep and when you wake up there was always at least one win, and you could withdraw. About 500k satoshi easily won every single night, better than mining for sure. They fixed it but this was literally primedice v1 the very first version, so it was always there.
June 03, 2020, 12:48:33 PM
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June 03, 2020, 04:39:56 AM
Most of the old crypto gambling sites that had faucets in the past removed them because the gambler never made a deposit and was never going too. Many pioneer bitcoin dice sites like Primedice didn't have any ads to gain revenue, their revenue was the house edge and dice profits. So if somebody won big at a faucet deposit then it was a pure loss for them.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
Ah yeah, the pure casino faucets were always the problematic ones especially for those who would go for 990x or even higher. I think some removed but others made it remain, but with certain conditions that count for abuse. I think the problem as you say became a big one in 2017 when waves of faucet abusers came online and sucked faucets and casino faucets dry..
June 03, 2020, 03:35:26 AM
June 02, 2020, 11:37:11 PM
Anyone using a bot to claim the hourly free BTC is abusing the site; and that's the reason it's unfair for the rest of the users.
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Can't agree more to this. Faucets were always free of cost, but not free for nothing (except Freebitcoin which really is free of ads or anything at all haha) but all of the old faucet sites gained revenue from ads. When people cheated with bots, those ads didn't bring in money and sites had to close down.
Basically, revenue must be generated for sites to earn something but the sad thing is farmers don't care. They'll take as much as they can knowing the site will close down if they keep doing so. They have burned earth mentality.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
This is a big loss for the site especially if the abuser win the jackpot that's why I agree on what counter action they do since it could drive the abuser away since its not profitable for them to do this kind of act. And maybe best for the site to offer a play money for test and get rid the faucet totally so that there will be no more disturbance in their site for in that area.
But I think the new sites didn't have this feature anymore if I'm not mistaken right?
There’s no doubt that some people like to abuse faucets, but what these people don’t understand is Freebitco security measures has improved a lot over the years, and hence their faucet system cannot be easily abused. Furthermore Freebitco earns from mining, house edge, lottery tickets, and that’s why they can afford to keep their site free of ads.
Quote
Those rare who have a big balance, win, but most of the people often lose, but Freebitco profits are enormous. Therefore, the site has no ads on platform, it's clean and easy to use. But the main profit comes from Multiply BTC game. Free Bitcoin Wallet, Faucet, Lottery and Dice!
Quote
When you hold money in your FreeBitco.in account, we split it into 3 parts - the first part is used to cover user withdrawals, the second part is used to bankroll our MULTIPLY BTC game and the third part is used to expand our bitcoin mining operation (which is currently 9.065Petahashes or 0.008% of the total hashpower of the bitcoin network). We make a profit and assume the full risks of our businesses and in return for you saving your money with us, we give you a risk-free fixed rate of return.
Sources:
https://www.quora.com/How-does-freebitco-in-make-money
https://freebitco.in/#
June 02, 2020, 07:50:33 PM
Theres a risk in FIAT and in crypto obviously too but at least we can get a return on the crypto where as FIAT you dont receive any interest from a bank any more and have to really take up extra involvement like stocks or similar investments. Im not against stocks, I've traded them for years but plain cash has to be an option for the risk adverse and thats being allowed as an option in FIAT currently which is wrong.
Holding cash in a bank is a risk involved investment, that perception is not there but its true and in 2008 it became obvious for a while but its still true now even at best the currency is likely losing money by a few percent every year. Only a few countries have a good currency, trade surplus and no debt etc. Crypto looks great by comparison.
Holding cash in a bank is a risk involved investment, that perception is not there but its true and in 2008 it became obvious for a while but its still true now even at best the currency is likely losing money by a few percent every year. Only a few countries have a good currency, trade surplus and no debt etc. Crypto looks great by comparison.
June 02, 2020, 06:02:52 PM
20 x 365 = 7300
7300 / 0.04 = $182,500
BTC price on the website says 9,388.99
So thats 19.43 BTC right now to get 20 dollars a day
As bitcoin prices wildly fluctuate, we can't really say it will be 19 bitcoin or 15 bitcoin or 25 bitcoin to make 20 bucks per day, since the price of bitcoin changes a lot even within a day. Tomorrow we could wake up to bitcoin being $5k, or $20k, which means different amounts will be needed for 20 bucks per day. Sure you can calculate for right now, but as soon as prices change, that calculation will change as well.7300 / 0.04 = $182,500
BTC price on the website says 9,388.99
So thats 19.43 BTC right now to get 20 dollars a day
Honestly, I do not have any plan to keep any big money in freebitco.in for the reason of gaining daily interests but I do have plans to build my referral income stronger than what I do have right now. When bitcoin enters into bullish mode, more new people will start adopting cryptos and some of them may be interested on trying their luck for every hour to win $200 here. Catching them before anyone else do, could be the key to earn $20 or more per day without any big amount of BTC needed.
June 02, 2020, 04:57:02 PM
I doubt that is still a problem but I think even if they do something like that, it wouldn't really change much nowadays because they get caught and they simply block the account and the amount of money they earn without paying them. So, it looks like they won on paper but they can't withdraw at all. The only downside here is that someone else would have won, but instead they won and that means the abusers stole someone elses place (in stuff like lottery and so forth).
Of course there could be some people who have won and withdrew as well while tricking the website as well, I don't know how many but there could be some, those are the ones that is danger to the website but I feel like it is not all of them that gets away with it, most of them must have been caught and accordingly punished.
What's the problem?Of course there could be some people who have won and withdrew as well while tricking the website as well, I don't know how many but there could be some, those are the ones that is danger to the website but I feel like it is not all of them that gets away with it, most of them must have been caught and accordingly punished.
Limit the faucet the balance needs to be 0 before can use the next faucet, and most of the faucet casino using this method only gives 100-500 satoshi. Did he can withdrawl that's faucet by doing gambling, you need more "LUCK" can be reached a minimum withdrawl by only 100-500 satoshi. Most of the casino minimum withdrawl 50K-100K sat, and the lowest 10K sat.
I believe, if they keep using faucet balance to playing the casino they even cannot reach the min withdrawl without using their own money. They just wasting the time, banned it's not an option everyone freely can create a hundred account if they want. The faster way they can use to got free money, they need gambling using "ALL IN" mode with 4-6x wins in a row using a 2x multiplier.
The calculation ALL-IN should be like this:
Start from 100-500
1x: 200-1000 sat
2x: 400-2000 sat
3x: 800-4000 sat
4x: 1600-8000 sat
5x: 32000-16000 sat
As you can see, if they really lucky and want the faster way they need is to do this method if the faucet gives them 500 sat only need 5x times all in less than that they need more all-in attempt. Cause using an auto betting with only 100-500 sat will not gonna work, sometime me using this method only for fun purpose and cannot past the 3/4x times attempt all-in.
June 02, 2020, 03:44:19 PM
All these faucet decisions, abuse or not i believe all depends on the purpose of what a casino has a faucet. If they want to use a faucet for focusing a new member who wants to try the casino by using a free fund from cassino. They just need to set some rules, every user who used a faucet the amount need to be 0 for the next faucet. On the case freebitco, they not only focusing the faucet purpose for gambling activity but also they giving free money to their user that's why they have a lot abused on the casino.
I doubt that is still a problem but I think even if they do something like that, it wouldn't really change much nowadays because they get caught and they simply block the account and the amount of money they earn without paying them. So, it looks like they won on paper but they can't withdraw at all. The only downside here is that someone else would have won, but instead they won and that means the abusers stole someone elses place (in stuff like lottery and so forth).Of course there could be some people who have won and withdrew as well while tricking the website as well, I don't know how many but there could be some, those are the ones that is danger to the website but I feel like it is not all of them that gets away with it, most of them must have been caught and accordingly punished.
June 02, 2020, 02:31:23 PM
All these faucet decisions, abuse or not i believe all depends on the purpose of what a casino has a faucet. If they want to use a faucet for focusing a new member who wants to try the casino by using a free fund from cassino. They just need to set some rules, every user who used a faucet the amount need to be 0 for the next faucet. On the case freebitco, they not only focusing the faucet purpose for gambling activity but also they giving free money to their user that's why they have a lot abused on the casino.
June 02, 2020, 02:23:41 PM
But I think the new sites didn't have this feature anymore if I'm not mistaken right?
Most sites still do, to attract few player because the purposes of faucet is to let new guy try out their site without having to deposit anything. In sort, freebitco.in is almost the same as regular gambling site with faucet . The difference is that in this site, the faucet is much more popular than the actual gambling
June 02, 2020, 12:11:14 PM
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June 02, 2020, 04:48:18 AM
Anyone using a bot to claim the hourly free BTC is abusing the site; and that's the reason it's unfair for the rest of the users.
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...cut...
Can't agree more to this. Faucets were always free of cost, but not free for nothing (except Freebitcoin which really is free of ads or anything at all haha) but all of the old faucet sites gained revenue from ads. When people cheated with bots, those ads didn't bring in money and sites had to close down.
Basically, revenue must be generated for sites to earn something but the sad thing is farmers don't care. They'll take as much as they can knowing the site will close down if they keep doing so. They have burned earth mentality.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
This is a big loss for the site especially if the abuser win the jackpot that's why I agree on what counter action they do since it could drive the abuser away since its not profitable for them to do this kind of act. And maybe best for the site to offer a play money for test and get rid the faucet totally so that there will be no more disturbance in their site for in that area.
But I think the new sites didn't have this feature anymore if I'm not mistaken right?
June 02, 2020, 02:05:22 AM
Anyone using a bot to claim the hourly free BTC is abusing the site; and that's the reason it's unfair for the rest of the users.
...cut...
...cut...
Can't agree more to this. Faucets were always free of cost, but not free for nothing (except Freebitcoin which really is free of ads or anything at all haha) but all of the old faucet sites gained revenue from ads. When people cheated with bots, those ads didn't bring in money and sites had to close down.
Basically, revenue must be generated for sites to earn something but the sad thing is farmers don't care. They'll take as much as they can knowing the site will close down if they keep doing so. They have burned earth mentality.
Most of the old crypto gambling sites that had faucets in the past removed them because the gambler never made a deposit and was never going too. Many pioneer bitcoin dice sites like Primedice didn't have any ads to gain revenue, their revenue was the house edge and dice profits. So if somebody won big at a faucet deposit then it was a pure loss for them.
This actually wasn't a big issue in 2016 like I recall, but in 2017 there was just too many people who were abusing the system and they had no choice but to reduce the faucet, then lower it even further and finally just get rid of it all together. Because it was too much of a headache to keep having to freeze withdraws.
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