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Topic: freebitco.in an actual scam - page 5. (Read 15101 times)

newbie
Activity: 29
Merit: 0
November 20, 2018, 06:05:53 AM
#31
I always got paid on this site though I only save and use the free roll. Never won the lottery but that's fine as long as my daily interest got credited. But lately I cannot login to my account it always says  "your connection is not private". I dont with the others if they can access their account. But its not working for me Sad
sr. member
Activity: 672
Merit: 266
November 16, 2018, 06:53:39 AM
#30
I've always played BET HI, and  I lost 10 times. With 47.5% chance,
the probability of losing should be 1 in 1 million.

https://prnt.sc/liseg9


You have 0.15% chance to get 10 losses in a row with 47,5% winning chance (1-0.475)^10
That's not 1 in 1 million but 1 in 1 thousand.
hero member
Activity: 2576
Merit: 882
Freebitco.in Support https://bit.ly/2I9BVS2
November 15, 2018, 07:04:06 PM
#29
I've always played BET HI, and  I lost 10 times. With 47.5% chance,
the probability of losing should be 1 in 1 million.

https://prnt.sc/liseg9


I think you need to educate yourself about probabilities. You were betting on 2x so the probability of a loss is 52.5 and to calculate the probability of a streak of losses occurring you also need to consider the total sample size of bets.
To illustrate this I've used 3000 bets (I usually use 10,000 but with a streak so small that gives 100% probability).

http://completecurrencytrader.com/streak-probability-calculator.php#book_wrap



With 2x, if you want to give yourself a fighting chance, you should count on a losing streak of 22 being likely to occur.
sr. member
Activity: 1664
Merit: 271
November 15, 2018, 12:35:21 PM
#28
 I've always played BET HI, and  I lost 10 times. With 47.5% chance,
the probability of losing should be 1 in 1 million.

https://prnt.sc/liseg9
newbie
Activity: 12
Merit: 0
October 13, 2018, 09:08:46 AM
#27

I bet 50 times minimum amount to control scam or not... When i bet low and lost, then i clicked high and lost again. Then i bet low and failed again.. Hi-Low-hi-low-hi-low... 50 times repeatedly... Always lost...100 percent failure...
[/quote]

  Same story. I've tried thousand combinations, and now I know there is no RND in their program.
Win chance 47.50%. It means you will get 100% red out of 2.5%. (Both High and Low are red. And you can push anywhere)  But when there is not enough money in their bank, they give you 10% win chance. (90% all red ) There is no mathematics - it's all fixed. It's not even virtual emulator of RND. When you set 50% win chance, it still gives you unnatural fluctuations. It's more safe to play roulette on magnets, then this))
  Provably Fair my ass.
Google "rnd number", play with it and feel the difference.
hero member
Activity: 2576
Merit: 882
Freebitco.in Support https://bit.ly/2I9BVS2
August 11, 2018, 02:56:39 PM
#26

First I want to say sorry for bumping this post. I totally trust freebitco.in and have been an active member for many years.

It would be better to start a new thread as anyone seeing this bumped is unlikely to be someone interested in your inquiry.

My question is about the "Earn BTC" section of the site.

Has anyone had problems with it

I know it is only my word but since I started doing support in March the only issue I have had to deal with was one panicky customer when our hosting site had a problem that took all our history servers down and meant we couldn't display the recent interest payments data.

and how much BTC would you trust keeping on your balance to earn interest daily?

Thanks for your feedback.  Wink

That's a question which everyone will have a different view and if you want answers I'd suggest starting a thread with that in the title.
hero member
Activity: 637
Merit: 511
I ❤ the bitcoin community
August 11, 2018, 01:10:33 PM
#25

First I want to say sorry for bumping this post. I totally trust freebitco.in and have been an active member for many years.

My question is about the "Earn BTC" section of the site.

Has anyone had problems with it and how much BTC would you trust keeping on your balance to earn interest daily?

Thanks for your feedback.  Wink
hero member
Activity: 2576
Merit: 882
Freebitco.in Support https://bit.ly/2I9BVS2
June 11, 2018, 10:12:46 AM
#24
I bet 50 times minimum amount to control scam or not... When i bet low and lost, then i clicked high and lost again. Then i bet low and failed again.. Hi-Low-hi-low-hi-low... 50 times repeatedly... Always lost...100 percent failure...

Do you want post some proof of that? It would beat the provably fair record by some distance. I'd love to see a screenshot of the bet history and the links to roll verification.
newbie
Activity: 2
Merit: 0
June 11, 2018, 10:09:27 AM
#23
I always get paid by this site but why I say is it's a scam is because they quote to be "provably fair" but there is an algorithm in the back which makes you lose.

I've chosen the 47.25% chance of winning and losing 50+ times in a row doesn't make sense what so ever when that's the percentage chance of winning, which isn't mathematically possible. This tends to happen when you bet higher amounts, play for more than 20min, or happen to keep the page open for a few hours(noticed this when I slept with it open overnight once).
The site can be fair and gives a chance of winning but when you try to make a "real" profit it forces you to lose.

I also notice the "lottery" winnings tend to go to the same people, when you watch the lottery page the user ids they display who win; end up winning every lottery, every other, every 3 to 4 - occasionally more; it will vary.

Just a little hint, clearing cookies helps you "win" again but they also keep a record of how you bet in the background, clearing cookies and cache; I tend to change to a freshly newly installed browser with no records in it - it catches on to you playing earlier. Don't fall for people telling you to clear sessions/cookies to trick the site to letting you win again, it doesn't work.

I love the site but it's defiantly not "provably fair".

Basically if you want to win on this site play the high to low game very safely and not frequently, maybe you can make a profit after a few weeks to a month(aka $100 or more USD).

I bet 50 times minimum amount to control scam or not... When i bet low and lost, then i clicked high and lost again. Then i bet low and failed again.. Hi-Low-hi-low-hi-low... 50 times repeatedly... Always lost...100 percent failure...
member
Activity: 153
Merit: 10
April 14, 2018, 02:17:03 PM
#22
I always get paid by this site but why I say is it's a scam is because they quote to be "provably fair" but there is an algorithm in the back which makes you lose.

I've chosen the 47.25% chance of winning and losing 50+ times in a row doesn't make sense what so ever when that's the percentage chance of winning, which isn't mathematically possible. This tends to happen when you bet higher amounts, play for more than 20min, or happen to keep the page open for a few hours(noticed this when I slept with it open overnight once).
The site can be fair and gives a chance of winning but when you try to make a "real" profit it forces you to lose.

I also notice the "lottery" winnings tend to go to the same people, when you watch the lottery page the user ids they display who win; end up winning every lottery, every other, every 3 to 4 - occasionally more; it will vary.

Just a little hint, clearing cookies helps you "win" again but they also keep a record of how you bet in the background, clearing cookies and cache; I tend to change to a freshly newly installed browser with no records in it - it catches on to you playing earlier. Don't fall for people telling you to clear sessions/cookies to trick the site to letting you win again, it doesn't work.

I love the site but it's defiantly not "provably fair".

Basically if you want to win on this site play the high to low game very safely and not frequently, maybe you can make a profit after a few weeks to a month(aka $100 or more USD).

Every dice website that change the client seed on each bet can manipulate the outcome, you can do something on short term but on the long term they will rip you off. it is normal. and when you see hero members, legendary members posting here on behalf o the dice site defending it, are usually paid by the website admin, or they win some lotteries, get some free coins to be moderator for them, etc.
And who is paying you to defame the senior/experienced users?  Grin You have freedom to share your thoughts  but you shouldn't accuse others without proof. We all Freebitco.in users know the 'provably fair' isn't in favor of the users and it's the owner's choice. Still some people claim that they get small profits from the site by playing the Hi-Lo game and it's possible if you use uncommon strategies. But still it's risky and you need a good amount already in site balance to prevent as many losing strike as possible. But if someone claim that they hack/get big profits from that Hi-Lo game, then that's a big lie. Smiley
newbie
Activity: 427
Merit: 0
April 14, 2018, 02:01:10 PM
#21
I always get paid by this site but why I say is it's a scam is because they quote to be "provably fair" but there is an algorithm in the back which makes you lose.

I've chosen the 47.25% chance of winning and losing 50+ times in a row doesn't make sense what so ever when that's the percentage chance of winning, which isn't mathematically possible. This tends to happen when you bet higher amounts, play for more than 20min, or happen to keep the page open for a few hours(noticed this when I slept with it open overnight once).
The site can be fair and gives a chance of winning but when you try to make a "real" profit it forces you to lose.

I also notice the "lottery" winnings tend to go to the same people, when you watch the lottery page the user ids they display who win; end up winning every lottery, every other, every 3 to 4 - occasionally more; it will vary.

Just a little hint, clearing cookies helps you "win" again but they also keep a record of how you bet in the background, clearing cookies and cache; I tend to change to a freshly newly installed browser with no records in it - it catches on to you playing earlier. Don't fall for people telling you to clear sessions/cookies to trick the site to letting you win again, it doesn't work.

I love the site but it's defiantly not "provably fair".

Basically if you want to win on this site play the high to low game very safely and not frequently, maybe you can make a profit after a few weeks to a month(aka $100 or more USD).

Every dice website that change the client seed on each bet can manipulate the outcome, you can do something on short term but on the long term they will rip you off. it is normal. and when you see hero members, legendary members posting here on behalf o the dice site defending it, are usually paid by the website admin, or they win some lotteries, get some free coins to be moderator for them, etc.

Geee you cracked the code! Hats off!
newbie
Activity: 8
Merit: 0
April 14, 2018, 01:24:49 PM
#20
I always get paid by this site but why I say is it's a scam is because they quote to be "provably fair" but there is an algorithm in the back which makes you lose.

I've chosen the 47.25% chance of winning and losing 50+ times in a row doesn't make sense what so ever when that's the percentage chance of winning, which isn't mathematically possible. This tends to happen when you bet higher amounts, play for more than 20min, or happen to keep the page open for a few hours(noticed this when I slept with it open overnight once).
The site can be fair and gives a chance of winning but when you try to make a "real" profit it forces you to lose.

I also notice the "lottery" winnings tend to go to the same people, when you watch the lottery page the user ids they display who win; end up winning every lottery, every other, every 3 to 4 - occasionally more; it will vary.

Just a little hint, clearing cookies helps you "win" again but they also keep a record of how you bet in the background, clearing cookies and cache; I tend to change to a freshly newly installed browser with no records in it - it catches on to you playing earlier. Don't fall for people telling you to clear sessions/cookies to trick the site to letting you win again, it doesn't work.

I love the site but it's defiantly not "provably fair".

Basically if you want to win on this site play the high to low game very safely and not frequently, maybe you can make a profit after a few weeks to a month(aka $100 or more USD).

Every dice website that change the client seed on each bet can manipulate the outcome, you can do something on short term but on the long term they will rip you off. it is normal. and when you see hero members, legendary members posting here on behalf o the dice site defending it, are usually paid by the website admin, or they win some lotteries, get some free coins to be moderator for them, etc.
sr. member
Activity: 518
Merit: 250
January 31, 2018, 02:27:40 PM
#19
It's one of the best and well known faucets, if not the best. Definitely not a scam.
Playing martingale or modified martingale there will be a time when you will face a 50 and more lossing streaks, it is mathematically/statistically impossible to avoid amongst millions and millions of rolls. And it's the same everywhere, once I left pc rolling small amounts on primedice and got 30+ 50% losing streak, it's statistically normal.
newbie
Activity: 136
Merit: 0
January 31, 2018, 11:44:13 AM
#18
You have to be smart when playing the dice game.
I start at 1 satoshi and when I lose I double my bet. when I win I cut my bet down. and I play for a certain amount of total wins
Right now my max starting bet is 4 satoshi, and I play for 28 wins,

Example.
bet 1  lose,
bet 2 lose,
bet 4 win,
bet 2 Win,
bet 1 lose,
bet 2 lose,
bet 4 lose,
bet 8 win,
bet 4 lose,
bet 8 lose,
bet 16 win,
bet 4 win,  Notice I went down to 4 from 16 because that's my max starting amount. In these 5 wins I earned 12 satoshi. Plus my bets add up for reward points.
I am a bit of a fanatic as I record my earnings on bets and know what my max in losses can be right now its 2048 satoshi or 12 losses in a row  to lose what I have won this round.
If every hour I play for 28 wins this is my last 7 plays earnings.
0.00000049
0.00000050
0.00000057
0.00000061
0.00000038
0.00000044
0.00000051

It's not much but as my total climes so does my number of wins and my max bet.

Come up with a system your comfortable with and a amount your comfortable with losing.

It is known strategy - https://en.wikipedia.org/wiki/Martingale_(betting_system)
And sometime, you will also lose all your money
newbie
Activity: 46
Merit: 0
January 31, 2018, 10:38:35 AM
#17
You have to be smart when playing the dice game.
I start at 1 satoshi and when I lose I double my bet. when I win I cut my bet down. and I play for a certain amount of total wins
Right now my max starting bet is 4 satoshi, and I play for 28 wins,

Example.
bet 1  lose,
bet 2 lose,
bet 4 win,
bet 2 Win,
bet 1 lose,
bet 2 lose,
bet 4 lose,
bet 8 win,
bet 4 lose,
bet 8 lose,
bet 16 win,
bet 4 win,  Notice I went down to 4 from 16 because that's my max starting amount. In these 5 wins I earned 12 satoshi. Plus my bets add up for reward points.
I am a bit of a fanatic as I record my earnings on bets and know what my max in losses can be right now its 2048 satoshi or 12 losses in a row  to lose what I have won this round.
If every hour I play for 28 wins this is my last 7 plays earnings.
0.00000049
0.00000050
0.00000057
0.00000061
0.00000038
0.00000044
0.00000051

It's not much but as my total climes so does my number of wins and my max bet.

Come up with a system your comfortable with and a amount your comfortable with losing.
newbie
Activity: 53
Merit: 0
January 31, 2018, 10:07:29 AM
#16
In gambling, in most cases, only the owner of a game of chance gains. So it's not necessary to blame someone.
sr. member
Activity: 476
Merit: 250
ADMIN & Idea Contributor with "ABY" BiggBoss
January 31, 2018, 06:09:26 AM
#15
this site not scam, it has gambling -- play with care and calculation, this is also having browser mining, Bank Interest, Deposit and Earn interest..
very good site.. Cool
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
January 30, 2018, 12:31:14 PM
#14
FreeBitco.in's house edge is indeed very high compared to other casinos, but doesn't matter where you play, you will always hit a long loss streak, consequently losing all your money... It's gambling, it's Dice game, that is how it works for the players. And it doesn't mean the casino is cheating you.

Just stay away from the Dice tab and don't worry too much about lottery. Use the safe features of FreeBitco.in (faucet and investment) and you will be fine.
newbie
Activity: 136
Merit: 0
January 30, 2018, 07:05:34 AM
#13
It's not scam... It's called gambling & this is the way how they get profit.
Gambling is called luck...
I have also loss like 20-25 time in a row...but it doesn't mean that it is scam.
Though last day I have won some in gambling...

Lucky man Cheesy
member
Activity: 316
Merit: 10
January 30, 2018, 01:58:14 AM
#12
Wow 50 red streak in odd 2.0, do you have screenshot?

Never seen like that before
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