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Topic: freebit.co.in multiplay system - page 3. (Read 7222 times)

legendary
Activity: 1064
Merit: 1000
July 15, 2015, 01:55:11 AM
#46
Yep,all true. I think i"ll try one more time martingale system with 0.5 btc. My bet amount will be 13 sathosi so I can be ready for 22 "level deep scenario". I"ll use a dice site with 1% house edge and ofcourse pravably fair system. Wich one should I choose? Sathosi dice maybe?

Thats risky but If you are going for such martingale, it will takes a lot of time. What you need is a site with a very fast roll. Betterbets will be the answer for that.  Smiley (link on my sig ). Provably fair in betterbets because it uses Moneypot API
legendary
Activity: 1358
Merit: 1001
July 15, 2015, 01:48:28 AM
#45
Sorry to hear OP lose on Freebitco.in,
it is a good faucet site,
but their is house egde is 2.5%, whihc is way too high.

And better to keep away from those x 2 betting,
go find some with x 1.X

i would assume that the larger portion of people who use/play at freebitco.in are rather new to bitcoin, and as their site is usually the first one on google searches on "free bitcoin," i would also assume that the majority of these people have no idea of house edge, provably fair, etc. which allows for the site to get away with something ridiculous as a 5% house edge on their dice game.
 Yep,all true. I think i"ll try one more time martingale system with 0.5 btc. My bet amount will be 13 sathosi so I can be ready for 22 "level deep scenario". I"ll use a dice site with 1% house edge and ofcourse pravably fair system. Wich one should I choose? Sathosi dice maybe?
legendary
Activity: 966
Merit: 1000
July 15, 2015, 01:32:26 AM
#44
freebitco.in have huge house edge thats why i would never deposit to play dice there.. Cheesy
but well still you gambled you lost.. when you dep there you was ready to lose your btc.
regards.
-Katerniko1
legendary
Activity: 1288
Merit: 1043
:^)
July 15, 2015, 12:10:11 AM
#43
Sorry to hear OP lose on Freebitco.in,
it is a good faucet site,
but their is house egde is 2.5%, whihc is way too high.

And better to keep away from those x 2 betting,
go find some with x 1.X

i would assume that the larger portion of people who use/play at freebitco.in are rather new to bitcoin, and as their site is usually the first one on google searches on "free bitcoin," i would also assume that the majority of these people have no idea of house edge, provably fair, etc. which allows for the site to get away with something ridiculous as a 5% house edge on their dice game.
hero member
Activity: 882
Merit: 1000
Exhausted
July 15, 2015, 12:06:22 AM
#42
Just lost 0.55 btc. I divided my whole amount to 2 milion parts that is only 27 sathoshis per roll and i put it on autobeting whole night but i had 21 consecutive loses on "double your bet on lose" thing.  I thought that there is no chance to lose 21 consecutive time but i guess there is.fuck me,fuck freebit.co.in fuck everything. Are they really "provably fair" or thats a crap?

Yes the site is provably fair, but it wouldn't make any sense unless you go verify your bets.

Sorry to hear OP lose on Freebitco.in,
it is a good faucet site,
but their is house egde is 2.5%, whihc is way too high.

The house edge is indeed 5%, as you have only 47.5% chance to win a x2 bet and hence the EV is 95%.
newbie
Activity: 42
Merit: 0
July 14, 2015, 11:45:43 PM
#41
Sorry to hear OP lose on Freebitco.in,
it is a good faucet site,
but their is house egde is 2.5%, whihc is way too high.

And better to keep away from those x 2 betting,
go find some with x 1.X
hero member
Activity: 896
Merit: 1000
July 14, 2015, 11:27:25 PM
#40
I haven't used the faucet site for ages, but if I recall correctly, the house edge of its dice game is 5%. Why do you gamble your bitcoin there instead of some 1% dice sites?
legendary
Activity: 1456
Merit: 1005
July 14, 2015, 10:47:54 PM
#39
freebitco faucet is good but I would not be playing their dice. This is worst game on their site no way any one can win
hero member
Activity: 560
Merit: 500
July 14, 2015, 05:46:43 PM
#38
Just lost 0.55 btc. I divided my whole amount to 2 milion parts that is only 27 sathoshis per roll and i put it on autobeting whole night but i had 21 consecutive loses on "double your bet on lose" thing.  I thought that there is no chance to lose 21 consecutive time but i guess there is.fuck me,fuck freebit.co.in fuck everything. Are they really "provably fair" or thats a crap?



The point is why you so brave acting like lucky luke to play and betting on faucet site with big amount of btc?? Because i think it more more and more risk than playing on new gambling site..
Why you not deposit and play on pure gambling site that well know provably fair??
Even if you rich of btc ,why mot just share to me or others else with free or with some funny jobs to do..

No offense, just my oppinion bro..
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
July 14, 2015, 05:45:27 PM
#37
in fact the chance is really high to loose if you do a lot of bets, even if you would get 50 losses in a row the chance to loose 51st will still be 50 per cent

That is not correct. One event does not depend on the other of course, but if you are talking about "in a row" then it depends.
I your example, after the 50 (and if you consider that as a "mark"), yes the % of losing the next one is of course 50%. But the chance of losing 50 in a row in 1M rolls is really close to 0% lol (you can't even get a result in the site http://www.sportsbookreview.com/betting-tools/streak-calculator/)

He lost after 100K rolls meaning that the chance should be 1% (22 rolls in 100K, not the 50 in your example lol, that is almost 0), wich makes it a "rare" event, and he was quite unlucky. I won't say the site is rigged or anything like that, 1% is rare, but it happens. Of course that if that is happening to to many users then something is not correct.

But people should really pay attention to that, and not just say that is normal or wtv, and that martingale sucks (whitch is true, it sucks). That will just let the casinos do wtv they want because we accept everything.
legendary
Activity: 3500
Merit: 1354
July 14, 2015, 04:31:33 PM
#36
I can't believe it, you risked and lost your 0.55btc in a high-low/dice game which has no provably fair system and ridiculous House Edge (the highest House Edge among other high-low/dice games). And you did it with martingale strategy...LOL
Sorry for your lost, but its better not to play in this site again. Just use the site for faucet only and if you want to play dice, its better to play on other sites which has provably fair system and low house edge.

P.S :
Two typos on your tittle :
1. Freebit.co.in should be freebitco.in
2. Multiplay should be multiply
legendary
Activity: 1050
Merit: 1005
July 14, 2015, 04:26:25 PM
#35
0,5 bitcoin is really more, why you have play dice and not buy a lottery ticket of the site? have more chance to win
sr. member
Activity: 406
Merit: 250
July 14, 2015, 04:05:53 PM
#34
i think the best site for gambling is bustabit, because if you lose thereare people get lose too,


wait what? do you want to say that other people loosing will impact others loosing too? Cheesy thats totally nonsense, also im impressed how op managed to loose that much on a faucet
full member
Activity: 248
Merit: 100
July 14, 2015, 03:37:06 PM
#33
i think the best site for gambling is bustabit, because if you lose thereare people get lose too,

legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
July 14, 2015, 03:03:43 PM
#32
Oh boy boy...you could convert them to nxt, and then play on to the moon, you had the same chance to crush or win them and win like a lot of money Smiley
legendary
Activity: 1358
Merit: 1001
July 14, 2015, 02:40:00 PM
#31
Firstly, you bet with martingale system? So you had 21 losses streak? Wow, sorry for your losses, 0.55btc is not a little money, sorry...

how about house edge there? I remember the house edge there is higher than 1%, and it is a faucet site, not a dice site, so you can play dice in a provably fair dice site, but not this faucet site. Besides, there are many dice sites have faucet, you may love it.  Grin

Yep, i was so fuckin stupid. I was so naive that I even fantasized what will I buy when I get to 1 or 2 bitcoins and cashout...good old marty gale not so good,haha me so stupid. Their house edge is I think 2.5 percent.
legendary
Activity: 2156
Merit: 1082
July 14, 2015, 02:33:20 PM
#30
But if martingale work, you understand all casino to world is closed? For every bet you have the same % of the previous bet, lose or win
legendary
Activity: 2436
Merit: 1804
guess who's back
July 14, 2015, 02:07:29 PM
#29
Firstly, you bet with martingale system? So you had 21 losses streak? Wow, sorry for your losses, 0.55btc is not a little money, sorry...

how about house edge there? I remember the house edge there is higher than 1%, and it is a faucet site, not a dice site, so you can play dice in a provably fair dice site, but not this faucet site. Besides, there are many dice sites have faucet, you may love it.  Grin

well that's the weird point , I can understand that martinagle may surprise people and everyone won't believe that it's not safe unless he tried it first
but I can't understand why to play in it , you have to roll over 52.50 in order to get X2
their house edge is really terrible and you can at least reduce the chance of busting by playing in a good dice site
people here calculated his streak using a normal dice calculator , but the odds are actually way bigger due to their house edge
hero member
Activity: 840
Merit: 1000
July 14, 2015, 01:57:22 PM
#28
Firstly, you bet with martingale system? So you had 21 losses streak? Wow, sorry for your losses, 0.55btc is not a little money, sorry...

how about house edge there? I remember the house edge there is higher than 1%, and it is a faucet site, not a dice site, so you can play dice in a provably fair dice site, but not this faucet site. Besides, there are many dice sites have faucet, you may love it.  Grin
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
July 14, 2015, 01:52:31 PM
#27
This is the first time I heard that someone played so much in a dice game in freebitco and damn so big amount. You will never see any such post or thread about the dice game in freebitco but still OP played there. He has a bitcointalk account with a rank of full member but still he choose to play in freebitco than any other popular dice site game which has a own thread here. Freebitco is the best in terms of faucet only.

Well that's gambling life.
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