Topic: FreeBitco.in is High-Low game is a sham (Read 2161 times)

Provably deviently rigged 

You think they are going to just give thier WORTHLESS currency away? It's only worth something until enough people got money in it for them to rob blind in a flash!

I tried everything high high high high high low low low low low high low high low high low high low high low low high low high low high low high low high etc etc etc

Rolled like 10 got 0.00000004 each time
(Mind you that's only 1/6 of a penny)
Hi Low drained me each time expect one
Got 0.00000019 on the Bayern Munich bet

Big waste of time your better off walking with your head down and looking for pennies in public

People are like that's how they make thier money defending an institution but what about how I make my money as an individual?

Looney Tunes

My Longest streak was 22 Loses and with 1 sat base bet i lost everything, but since we all know Hi-Lo is a game of chance having a 22 losing streak has the same chance of having a 22 winning streak.

All bet can easily be verified if its provably fair. So there's no way Freebitcoin is a Sham

Here are my last two tries to gamble on their two sites
Judge yourself fro the 2 images if is provably fair or not =)) !

13 rolls in a row lost ! more than 80.000 Satoshis !

https://imgur.com/ydDbcnZ 



And here 14 rolls in a row LOST , more than 175 Doges (+80 DOGE lost the prev day with 8-9 rolls in a row lost !)

https://imgur.com/8y0WBow

This happened yesterday and today. I tried the double up " strategy " and for a couple of days worked and then the site took all my balance + a deposit
I did it mostly to prove myself and the community here that there is something wrong with those 47,5 % win chance or even a scam
I learn my lesson and i will NEVER gamble again on their 2 sites and i suggest you to do thew same !

Provably fair means you can check by yourself that the draw is fair.
Doesn't mean you will always win at the end, because it's the contrary. With a 5% house edge, the probability to get n losses in a row is NEVER equal to zero, whatever n is. The more you play, the sooner you will encounter this "n in a row losing streak".
Don't play if you can't afford to lose your money.

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.

https://i.postimg.cc/jjgk5TY0/freebitcoin-17.png

1.01 odds gives you 94.06% chance to win.

If you roll 10000 times 100 satoshis:

9406 times you win 1 satoshi meaning + 9406
  594 times you lose 100 satoshis, meaning - 59400

59400 - 9406 / 10000 is 49994 / 10000

with each roll you lose 4,99 satoshis per average.

Rational mind would recommend not to roll.

Yes.
There are just indirect proofs.
For example, if BTC is rising, your shurely loose.

Or if you have very high persent of your balance won by gambling.

Or you just withdraw half of the balance or some balance.

May be it can be expand on winning, deposites and etc. of your referrals.
_____

To stubid c..nts: This discuss have still no linkage to 'PROVABLY FAIR" system. Cause smth may be fair only proofably.

If you still belive in mighty and honest "Provably Fair" thechnik, try this:

1. Accumulate 100000 satoshi on balance
2. Find your own ref.link (in fact - this may work with any ref.link )
3. Still logged on freebitco.in open "Incognito" window
4. Paste&Go your ref.link
5. Return on main window and start to bet from 1 satoshi.
_______
 
.... and their bullshit about hashes and verified rolls still be in right state.

Lets hope everything is ok now

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

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... where is the luck.

FreeBitco.in is definitely a scam, any dice website that randomize the client seed /change it at each bet can manipulate the outcome of the numbers, so yes you can win on short term but in the end they will just ruin you up. any legendary user that post here pro freebitco.in comments are usually paid by the dice website owner.

In this case, both sides are correct. The OP is definitely right about many losses in a row when doubling the bet, but I'm not writing about that so we'll leave that alone, except to say that  I've gone 20 reds (losses) in a row many times and there are a few things that can be done to help stop the "loss, loss, loss, loss, loss, loss" logjam and still come out on top of the round, but it cost me alot of time and alot of Satoshi's to figure out; I'm unwilling to just give that away. I can say, if you go to a doctor and tell them that it hurts when you poke yourself in the eye with your finger, the doctor is gonna say "quit poking yourself in the eye with your finger, then"

The opposition to the OP's argument was that it is just "chance" or "luck" to hit a green. (a win)  This is absolutely and totally incorrect regarding many losses in a row, but is absolutely correct in the following scenario - hence the selling point of the game - "Provably Fair"

IF, you set your bet at the smallest increment, 0.00000001  Satoshi's, and click the same button (high or low, doesn't matter which, REALLY - it doesn't...) over and over and over, the ledger at the bottom of the page will be mathematically close to accurate.  If you like, change the odds from 2.0 to 2.85 and you'll notice the chance to get your desired outcome is exactly 33.33%     Play 40, 60, 80, or 100 rounds, pick just one button with just one Satoshi as a bet, and then average out your wins to losses. Guess what? It's one out of 3 as promised.

Set the win ratio for one out of 5 and try it. Or, one out of ten. It works just how it's portrayed.

Here's the rub, however.... increasing the bet adds to the math. So, instead of 60 results to get the average winning streak and to test the win / loss ratio, you have to play many, many more rounds before it will even out. Increase the bet by doubling again and again and again, then you just added an extra 50 or 100 games to the win/lose ratio. Eventually, the ratio works out, although you may have to play 200 rounds for the "Provably Fair" win/lose ration to work out.

If you understand how the game works, you have a chance. The "secret" to really winning this game, and I can prove it - is simply to: "quit poking yourself in the eye!"   Good luck!

For me it has always been a very honest site and I have seen enough people to be able to earn something there and so lose as well.At the end and only question if you will be lucky or not.

I'm listening...


So it's not a scam?

You gotta make up your mind. You say our operation is like roulette at a casino, therefore it can't be a scam.

Your words. Not ours.

My strategy for freebitco.in

START:

BET 1 SATOSHI HI
WIN 1 TIME KEEP BETTING HI
UNTIL
LOSE 3 TIMES
THEN
DOUBLE BET HI

Unfortunetaly my greed has cost me 0.00775 BTC on this website. Currently building up a balance with faucets and referral commission to try it again (to gain back my money at least).

So my suggestions for gambles on freebitco.in is

1. NEVER immediately double your bet after loosing (you will lose again and again until your balance is 0)
2. DO NOT get greedy, it is very easy once your balance becomes large to start betting larger numbers to increase the speed at which you make money
3. Withdraw your multiply winnings WHENEVER POSSIBLE that is whenever your balance is double the minimal withdraw balance.
4. Deposit your BTC at your own risk, I deposited and lost.
5. If you plan on staying on your computer for more than 12 hours during the day use the 100 REWARDS/ROLL bonus (active for 24 hours) because after 12 rolls you will get 100 rewards points with each roll (up to 1100 per 24 hours).

It's not a proof anyway. I always use their two faucets, FreeBitco.in and FreeDoge.co.in, I never hit more than the minimum reward at FreeBitco.in, but at FreeDoge.co.in I have a decent number of high winnings, it happens more often and it doesn't mean FreeBitco.in is cheating me on the faucet, right?

I think we are just being unlucky. 

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

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.

It's provably fair, but has a 5% house edge. That's why you lose more here than on other dice sites.
Anyway, whatever the house edge, your probability to lose n times in a row is never null, and the time you have n losses in a row you'll lose more money than what you've earned with the previous games when the winning roll came before the nth loss.

Play for fun, only what you can afford to lose.

Come on! FreeBitco.in one of the most trustable faucet ever. They paid me more than 0.05 BTC without any invest. Dont say them Scammer please. I also believe that the hi-lo game is fair too..

Statistically the odds of getting 10 wrong in a row is 65% out of 1000 rolls. The odds of getting 16 wrong in a row is 0.5%. You would need a pool of 82000 to “beat” the system. That’s starting with an initial bet of 1.

The odds of getting long bad streaks is very good. They don’t have to manipulate the system to take your money.

So far it has worked nice for me

This is the biggest shame of sites like this...that they allow gamble to enter the cryptocurency world.

I understand seems very impossible to lose many times in sequence always with 49% chance of victory, but the probability exists anyway... It's too hard to happen, but as you are playing a lot, probably hours gambling on Dice game, sooner or later you hit this little probability and lose all your money.

If things were so easy like you say (that you go to casinos and double your money easily, etc...) casinos would crash and this wouldn't be a possible activity anymore.

How about this math:
Your chance to win is 47.5%.
Casino has 52.5% chance to win.
Go to brick and mortar casino and try to count cards. They will kick you out of casino.
Who are those people? They got lucky, that's all.
Not in EV- games.
Whoever won millions $$$ doesn't brag around. People who you are talking about are probably chasing referrals with "how to beat casino" fake methods and strategies.

Your odds calculation is wrong. Lets say you decided to roll low each time with a win ratio of 47%. Each time you roll there is always %47 percent win chance. You roll the second time the chance of it being low or high does not change. It will still be %47. You can roll 1000000 times and again the chances of rolling a low is still %47. If you are an unlucky person you can roll 1000000 times and you can still lose each time by rolling that many highs. Every round is a brand new round. Your probability calculation is wrong. Your chances of rolling a low never increases.

The only time your calculation works is if for example you have a deck of cards that has 52 cards and each time you bet on whether its a black or red, you burn that card, there will be 51 cards left. So if the burnt card was red now you have more chances of it being a black if you play with that 51 cards. The only game that works this way is blackjack and therefore it is not allowed to count the cards. Roulette however work the same as the roll game, every round is a new round.

I have lost lots of satoshis as well, playing those games. My advice to you is never play those games. Maybe 100 rolls each day just for the fun of it, not to make profit.

You ever heard of counting cards and table bias? Blackjack is gambling if you're just the average person but you can actually manipulate the odds with strategy because there are people who make millions off blackjack and roulette tables they discovered the bias of. The law of averages says if you use a strategy that changes the odds (which counting cards and bet rules changes ever so slightly into your favor) will over time reflect what it should be according to probability and therefore over time you win more than you lose and make millions. Just take a Google search. There are people who have done it. I havent made millions but I've just started going to casinos and only play blackjack and roulette and I've walked out with at least double my money everytime stating with $100 and $5 base bets.

I didnt find that site to gamble, I actually just was looking at the different bitcoin faucets and thought those features were interesting on the site. I clearly dont expect to make money from that site. I plan on just collecting my free BTC and doing a couple bets here and there until I can cash them out and never use the site again because its so slow its a waste of time to try and make money that way.

Lol, if gambling is this easy then people won't be encouraging each other not to gamble and the world would have more professional gambler as a job. Most gambling games is in favor of the house and only a selected few are like 50:50. 5-6 times is definitely nothing!

If you play on dicesites you should know that you can get up to 40 reds when you bet 50%.

In the long run it will be close to 50% wins.

Luck or not its still ultimately math. There are strategies based on changing bets that actually work and I do pretty damn well in IRL casinos at blackjack which has similar odds just by that bet strategy. I've also ran simulations with java. If you ever took a statistics course it will tell you that reality tends to match the probabilities. It's satoshi, not even a cent so its not a big deal to me, I'm just saying for anyone that actually wants to make money from the site just stick to collecting the free satoshi every hour and do maybe 10 bets before it starts skewing the odds. It's pretty easy for them to have a "if (play has won x satoshi or player has won x turns then make random generator only use numbers in the range not choosen by player for x turns)". It's not very hard to do..

5-6 times in a row is really nothing. I know some players had more than 20 in a row.

Your method is called martingale. It's worst method ever with only one outcome - lose.

Don't blame site, because it is provably fair although i don't like their big house edge.

Next time be smart - DON'T use martingale - there is no secret method to win. Either you are lucky or not.

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.

I think you know that gambling is based in your luck, if you are not lucky you will loose but if you are lucky you can win, gambling also is not profitable it is just for fun but if you are looking for a profit gambling is not ideal for that, most of the users said that site is scam if they lost not only freebitcoin even other trusted site. Those users are insane.

How? I only used a base of .5 because that would be a easy rough estimate if you were trying to make a quick estimate to the probability. A base of .525 likelihood of the site winning the same side each time. .525^n is the true probability of you losing n times in a row betting on the same side, you learn this in high school Algebra and in detail in an introductory statistics course. Statistically there is only (.525^4)^3 chance of having 3 outcomes where n>4 in a row. Thats why in real life I tend to beat the casino by having enough money to keep doubling my bet everytime I lose until I win going in with only $100 playing blackjack everytime in real life but never with 72 satoshi on this site.

Be clear on that even you lost in your last roll,
the probability is still 5050 in your next roll...nth change for your next roll

Although the ''chance'' is low for lost in a row (in Maths), but it is still possible.

You give wrong information

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.