Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 936. (Read 561435 times)

Yea that could be confusing possibly as I find % shows highest just after I bet or buy golden tickets but it goes down some.   The whole time thats happening Iam able to use the faucet and Ive always been able to roll faucet every hour, the only thing that happens is when BTC rises it will adjust the amount down but theres no exclusion.
   What happens when you get 100% is for a short duration it triggers a bonus on top of the faucet normal amount, its not going to alter the base amount just for most it doubles what you get normally I think.     So like 24hr after you get the bonus then it goes back down again, I forgot how long it lasts exactly and it's going to vary in frequency how involved you are with the site but its just like turbo not forever :p
Some sites do restrict withdrawals but apart from observing the transaction fees I've not encountered any drawbacks to winning or deposits must be played through 40x or whatever.  Its worth saying as some sites do that sure, no hassle is a key feature here really.

Once again, the answer is no. Free rolls will always stay available. Get your facts right before intervening this thread with false claims.

No ~LOL

You still can claim the freeroll even you winning or gaining some jackpot 200$ from the faucet, there is no rules/policy at all when we hit the jackpot then the faucet freeroll will be closed for the account who has hit the 10000 number jackpot.

Really?

I already cashed out a few coins when the price was at a all-time-high ($18 000+) and made a very good profit on those coins. Any investment portfolio are divided into low/medium/high risk categories and you set aside a budget for each. This Freebitco.in deposit is part of my high risk portfolio ...so I made room for failure, if this site goes down with my deposit.

I do not have a set price target for selling coins.... I just wait for a price explosion and then I sell a few.. then I buy in low again. (normal trading practice)

Every person has their own strategy and risk management... so I am not saying my strategy will work for everyone. If you are scared of risk or if you cannot manage the risk... stay away from this strategy.  

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I never had the chance, and I heard about Bitcoin a few years ago, by then BTC was already on the way towards thousands of dollars but still, I'm very glad I didn't waste too much time in getting some for myself, even though the earnings in BTC was quite low by then. No regrets, my friend, just be glad you're here now.

Thats alot of free bets, you won in general because it always pays and BTC rose over many years so some of your pay will look quite generous in the region of 10k BTC price now.   Its one of the few positives to a BTC crash, the pay goes up on this site at least      10,000 bets is the base line for a fair chance or someone said it must be 20,000 bets as its a fractional that requires rounding up therefore making the very top number harder then it appears.   I've won the lesser prizes a couple times hopefully not reducing my chance of the best one.



This site is more of a general public population is my take, theres going to be some good odds available because we dont know or watch every single race.    I used to watch F1 alot but miss the races quite often nowadays and its all been lockdown so maybe people forgot history or just doubted we get a reliable result.

If you have 100 BTC of capital, pay for your own house.  Take care of bills, diversify yourself so you arent just crypto.   I think thats fair strategy, nobody would really encourage to store it all in one place or even one sector of the economy.    I imagine anyone with that kind of capital has to take the trouble to go own the entire site somewhere else not just be as casual as the rest of us can be and grateful for the 4% that is no hassle.
  I had the chance to take up 100BTC way back but lacked the imagination to envision where crypto could travel despite expecting generational changes due to very long term macro economic progression I didnt expect crypto to enter into part of the carry trade globally.   The yield given might easily pay for itself because I definitely am massively more likely to bet more frequently while storing the value in one place and its more useful then often expensive exchanges.

I free spin, store a bit and occasionally bet the markets there. The edge on the multiply game is just too steep for me. I'm coming up on my 8,000th free spin and haven't hit the $200 yet lol.

Yes people keep saying, I bought BTC cheap or got it free by mining and they consider it "free money" and basically risk it by gambling or trading and end up losing it. However its unrealized profits, until you sell the profits isn't there. Its a psycholigical thing, people basically got free BTC so they try and get more of it by gambling or trading, most end up losing it. Some are smart and withdraw some profits but most lose all of it.

Look what is going on with the stock market now. People making tons of money on Robinhood with their "free $1200 stimulus" checks. People basically buying anything because its "free money" and in the end they lose it due to risky gambles and trades. This is why people who worked minimum wage for their money make smarter decision than those who got it for free. So saying its "free money" isn't really true.

Yes Im quite aware of what Im typing and it seems you are the one that doesnt understand what annual and daily interest means.

You can check this here https://compounddaily.org/calculator/ . It breaks down to 4~ % as stated on the site


Yes, good amount that breaks up to 4+ bitcoin per year. Meanwhile Im risking my 100 bitcoin in an unanimous site only to get 4% annually . I should have just gamble my 100 btc a gambling site with 1.04 odds and gets my 4 btc instantly (?) . Yeah that sounds like a really good bad idea.

If I have 100 bitcoin in my possession right now, I would just keep it safe instead of depositing it for 365 days

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Thanks for this . It should really helps him understand about compound interest

No, that's not how the daily interest rate has been calculated. The daily interest rate has been calculated in such a way that you get the claimed annual rate only if you hold all your daily interests.
According to the website, the annual interest rate and daily interest rate are 4.08% and 0.0109589% respectively.

Assuming you withdraw your daily interests, you will get 0.0109589*365 = 0.0399 = 3.99% annual interest. (Wrong)
Assuming you hold all your daily interests, you will get 1-(1.000109589)³⁶⁵ = 0.0408 = 4.08% annual interest. (True)

So, you will get 4.08% interest rate (the rate stated in the website) only if you don't withdraw your daily interests.

By getting paid on daily basis, it is even higher actually because you get that interest per day and you keep it on your account and each day that 4% becomes bigger and bigger since your amount is bigger. That is real power of compound interest calculation. Today's interest just turns tomorrow as capital.

So, you do not have to wait, put up 100 bitcoins on your account and you will get a good amount of interest per day and you can gamble with them every day. That way you will both gamble and if you win you win money freely, if you lose you are not losing money that you worked for, just the interest and you still get side stuff with it.

Also when you calculate everything that is given with the high house edge, the whole purpose of having high house edge shows why it is not actually that high. You are getting the free lottery tickets, you are getting the reward points, you are getting the lambo ticket as well, and also you are getting interest rate on the money you leave at the website as well.

Now combine all of this there is a chance you just lose all your money for a high house edge and leave that part is correct, but think about all the people who wagered but won the lottery, people who wagered and got the lambo, people who wagered but has enough reward points to claim a brand new iphone or whatever. So, yes the 5% house edge is too high and not needed for the people who lose, but to people who win its a marvel and a great blessing.

Yes, Based on what is stated under "BITCOIN SAVINGS FAQ" in "Earn BTC" section of the website, a part of the money users deposit in Freebitco is used for mining.

If they think that it is a free money they are getting with that 4% interest rate they are very wrong. I mean for them it is free of course (as is almost all interests you get) but freebitcoin is probably earning something with that too, I remember it was regarding mining if I am not wrong, but I could be wrong. Whatever they are doing, they are definitely using that money somehow to make more money.

Otherwise why would they ever give you interest while not earning anything at all, they must be earning something in order to give you that interest one way or another. However gambling income is still by far the biggest income they have (probably) look at all the amount that was wagered, considering the house edge is 5% they must be making a decent amount from there.

Why don't you cash out already a couple of these bitcoins to use in real life? Do you have a plan at which prive level you will sell these?
I know it is fun and addictive to gamble, but you could loose all. Happened to me once, so now I only gamble with very very low amounts  .

If you want to risk your BTC then go ahead and risk it, I dont tell you to keep your bitcoin in cold storage as I said only deposit what you can afford to lose. It seems you dont really understand what Im trying to say.

If you deposit 1 BTC into any site, that means you are risking those 1 btc. It is fine if you want to risk 1 btc when you deposit into this site but from your previous statement shows that you deposit only to risk those free daily interest instead of your own deposit


Things can always go south my friend only deposit what you can afford to lose

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