Topic: FreeBitco.in is High-Low game is a sham (Read 2210 times)

Here is the "provably fair".

Lost 17 times in a row, until balance goes to zero.

This happened to me, at least 10 times.

Everytime my balance becomes a little hi.

I lost with 1.01 and 1.18 odds it is insane

https://i.imgur.com/8iaiCMA.png
https://i.imgur.com/LqnPm6y.png
https://i.imgur.com/9sZiod2.png

Honestly all you do right now is just speculating, there is no proof

Another angry freebitco.in user. Just because he was unlucky he wants to blame the website and make people think that it is a scam. In fact, even himself knows the fact that it is a legitimate site. It is simple mat. Odds are little lower compared to other dice and gambling sites, but it is " PROVABLY FAIR ". Please if you can´t handle loosing, don´t play again.

It's totally a scam. They have real legit odds your first 10 rolls but if you're using a double up strategy (have a base bet and keep betting high/low repeatedly doubling your bet until you win then start with base bet again) it works just like roulette odds black/red in the casino where you should win by the fourth or 5th time of placing bets on the same color. However I tried this three times in a row with the free give out. The first 10 rolls will work like the odds should then after the site notices you're winning more BTC than you lose it suddenly rigs the game to land somewhere not in your bet until you run out of BTC. I literally lost 5 and 6 times in a row each time betting on the same side and lost that many times in a row. No fucking way, the odds of that are ~(1/2)^n [the actual base would be more like .525 rather than .5 because they have a 5% advantage] where "n" is the number of times a coin lands on the same side in a row (or in our example numbers that are higher or lower than 5000 where each represents a side of a coin) where getting n=5 times of landing on the opposite side is less than 3% likely and n=6 turns is under 2% and it happened every single time I've played the game after my free satoshi and then when I decided to test it three hours in a row it happened three times in a row where each time it was under 3% likelihood so 3%*3%*3% = .0027% maximum probability of these three attempts ending with 5 or more times of the wheel hitting low or high in a row. On other attempts I alternated and somehow again it would end up with me taking a loss that many times in a row. It's crazy. If you use that site for free BTC don't make more than a couple bets because after you play so many bets with honest odds it gets rigged against you. Just collect the free BTC if you want to keep it. They must be making a killing. The odds should be close to roulette and blackjack (assuming unadvantaged players) and I've spent 3 hours in the casino playing blackjack and came out doubling my money before multiple times using the same betting scheme I did on this site.

I'm only making this conclusion after thoroughly testing it for myself. It's very believable to me they would set it up where it will be honest for the first few turns to get gambling addicts hooked and then switch rig the game after so many turns so people don't really keep their 72 satoshi and end up wasting time visiting that site because they always lose their money. I actually programmed a simulator in java to see if I could reproduce that in a simulation using my strategy and about 48% of the time I won like I should have and had zero times of the numbers being high or low 6 times in a row after 1000 games were simulated, though there were a couple 3-peats and 4-peats. Just thought I'd make others aware to avoid the frustration I had trying out different faucets.

It's totally a scam.

They have real legit odds your first 10 rolls but if you're using a double up strategy (have a base bet and keep betting high/low repeatedly doubling your bet until you win then start with base bet again) it works just like roulette odds black/red in the casino where you should win by the fourth or 5th time of placing bets on the same color.

There is definitely a hidden element of scam/sham to it but that's what it is and it's how they make most of their money anyway.

I always stop after 10 losses in a row to limit my losses.
Quite funny though, I've had that happen to me at least 10-15 times but I have NEVER had a winning streak that high ever.

You would expect a winning streak to be as common as a losing streak (minus 5% house edge) but in reality nope.

Conclusions: Save up and get a decent amount of interest rolling in daily and then just use that to play jackpots or low bets with high rewards that kinda thing. Martingale never works for very long.