How to win in Freebitco.in - page 14.

MinerHQ

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Quote from: s0lidus on October 01, 2018, 10:03:17 AM

Quote from: Agarthian on October 01, 2018, 07:30:51 AM

nice try but its all about luck... freebitco is hard to win unless u have big balance n lucky.

It's mostly about luck, yes. But the House Edge is an important factor as well, and as far as I know freebitco.in has 5% house edge (please correct me if I'm wrong), while most dice sites have house edge of 1% or lower.

Yes, their house edge is 5% and not sure why people still want to choose this site to play dice with deposited money. Whatever other free things they offer but it won't make sense to roll dice with the higher house edge with a deposited money. It was just a faucet site and from there slowly, they changed it into a gambling site so now they should consider lowering the house edge.

Agarthian

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Quote from: btc_angela on October 01, 2018, 10:08:01 AM

Quote from: slaman29 on September 27, 2018, 03:16:57 AM

Er, no, the thread related to Freebitco.in is very much alive. Practically getting more active in the last few months actually ever since it got a dedicated user being admin. Anyway, it's a faucet site after all, rather than a casino. So if you think about it, if you're only there to claim faucet Bitcoins, then you already win, with no risk of losing anything except a few minutes a day (like me haha).

Official thread for discussion - https://bitcointalksearch.org/topic/freebitcoin-200-freebtcwin-lambo02btc-dailyjackpot32500-wager-contest-320959

Exactly, its very much alive and they have someone who dedicates himself to answer all questions. And yes, its nice to claim on its faucet and try your luck as well. hehehe

@Agarthian - yes its base on luck, so everyone can try, maybe one day you will be lucky as everyone here. hahaha.

wow who is everyone here and how lucky they been ? Cheesy

btc_angela

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Quote from: slaman29 on September 27, 2018, 03:16:57 AM

Er, no, the thread related to Freebitco.in is very much alive. Practically getting more active in the last few months actually ever since it got a dedicated user being admin. Anyway, it's a faucet site after all, rather than a casino. So if you think about it, if you're only there to claim faucet Bitcoins, then you already win, with no risk of losing anything except a few minutes a day (like me haha).

Official thread for discussion - https://bitcointalksearch.org/topic/freebitcoin-200-freebtcwin-lambo02btc-dailyjackpot32500-wager-contest-320959

Exactly, its very much alive and they have someone who dedicates himself to answer all questions. And yes, its nice to claim on its faucet and try your luck as well. hehehe

@Agarthian - yes its base on luck, so everyone can try, maybe one day you will be lucky as everyone here. hahaha.

s0lidus

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Quote from: Agarthian on October 01, 2018, 07:30:51 AM

nice try but its all about luck... freebitco is hard to win unless u have big balance n lucky.

It's mostly about luck, yes. But the House Edge is an important factor as well, and as far as I know freebitco.in has 5% house edge (please correct me if I'm wrong), while most dice sites have house edge of 1% or lower.

Agarthian

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nice try but its all about luck... freebitco is hard to win unless u have big balance n lucky.

adaseb

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Posts like this are the reason why all these casinos keep raking in the large money (or BTC in our case). Many new people think they found a secret "strategy" like the OP poster above who only did a few hundred rolls and made a slight profit, thinks he can outsmart the house.

What he doesn't understand that resetting your bet every 4 times doesn't make much of a difference since the house edge is still there and each roll is completely independent of the prior. What his strategy might do is that it will take him longer to go bust since he doesn't go much higher than doubling his base bet after the 4th loss, however in the end he will go bust.

You can actually very easily do this on Microsoft Excel where you put in your house edge and use the RAND() command and it will simulate any number of rolls and you will see that eventually you go bust and not every time will your account reach a huge balance before going back down and bankrupting you.

BTCevo

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Quote from: nhuantv on September 26, 2018, 09:51:28 PM

Is there anyone still play https://freebitco.in
I can see the last post related to freebit is very old.

If you still playing freebit. Can you share how to win?

Here's my own rule to win. Lets discuss about that.

1- Bet at 1/1000 your balance
   Exp: you have 1000 sat => bet 1 sat per roll
2- If you loose => x2 your bet
   Exp: you bet 3 sat and loose => bet 2x3 = 6sat
3- If you win => return to base bet and change type of bet
   Exp: Hi -> Lo, or Lo -> Hi
4- THE MOST IMPORTANT: after 4 times you loose, its time to stop lost. Return bet to exactly 1sat untill you get green. After that, back to step 1.

The 4th rule is the most important to keep your balance. But its is really hard to keep us in rule. You need practice very much.

======
Any one else has your rule to win freebit or any new idea? please share here, i will happy to practice with it.

This is just a gambling fallacy when you playing on dice, more over if you are using bot to play. Many people already give so many patterns and method yet they losing every single of their balance. I do not say that their method is working or not but the longer you gamble the faster your balance going to end. It applies on every gambling game, not just dice game, especially on freebitco.in

Anyway let me tell you my method, set your own target on daily depends on your bankroll, like if you have 0.01 btc then try to aim 10k or 100k each day. Made your own choice

slaman29

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Quote from: chris200x9 on September 27, 2018, 04:22:36 AM

Quote from: nhuantv on September 27, 2018, 04:04:45 AM

Quote from: Zakie on September 27, 2018, 02:58:15 AM

Thanks for your knowledge sharing, but i can't believe that some one can take money from the bookmakers, not one hundred percent, sorry.
One more thing, i'm Viet Dzung from Discord, hi Queen Wink

Hi anh Dũng, em Queen đây.
You right, gamble always not 100%. But like you play gamble in real life, you win 10, after that you lose 7, you stop => mean you win 3.
The key here is "Stop lost". If i feel unlucky, i will stop for that day and return later. I think its work for me.

There is no such rule that one should win 10 and lose 7 but it can happen reverse as well so, in the end, you may still lose money. So the basic rule, don't aim profit from the gambling games instead just go for fun and if your lucky on any day then you will make some free money, as well as you, get free entertainment. You remember to fix your budget in gambling before you overspend on these games.

Gambling in real life only seems different because you can spend a whole day in a casino and play a few hundred hands. So you don't see the variance so easily. In one hour on freebitco.in or other dice sites you can play thousands of hands. So that 7-streak will happen so often, unlike in real life where 7-streak may appear once or twice a day, if at all.

Also edge in real life is much higher so you tend to lose more in the long run. No strategy guarantees profits!

veleten

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Quote from: nhuantv on September 26, 2018, 09:51:28 PM

Is there anyone still play https://freebitco.in
I can see the last post related to freebit is very old.

If you still playing freebit. Can you share how to win?

Here's my own rule to win. Lets discuss about that.

1- Bet at 1/1000 your balance
   Exp: you have 1000 sat => bet 1 sat per roll
2- If you loose => x2 your bet
   Exp: you bet 3 sat and loose => bet 2x3 = 6sat
3- If you win => return to base bet and change type of bet
   Exp: Hi -> Lo, or Lo -> Hi
4- THE MOST IMPORTANT: after 4 times you loose, its time to stop lost. Return bet to exactly 1sat untill you get green. After that, back to step 1.

The 4th rule is the most important to keep your balance. But its is really hard to keep us in rule. You need practice very much.

======
Any one else has your rule to win freebit or any new idea? please share here, i will happy to practice with it.

you must be new to gambling Wink

got to read about Martingale systems first and the house edge
freebitcoin is a great site, just not for gambling your coins at
as it has been mentioned above, 5% house edge makes your chances to win very low (in the long run ,I mean)
you would be better off saving whatever satoshi you get from their faucet and either investing them
or withdrawing and gambling at other sites that have only 1% house edge

kurian

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The freebitco thread is constantly updating even though its an old one. 5% house edge is very high comparing other dice sites. So, in the long run you will bust for sure. Four loses in a row happens pretty much often in a martingale. I don't think one could make some profit using this strategy.

Chris314

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Quote from: nhuantv on September 27, 2018, 06:04:47 AM

And i will find out the way can win.

Many others have tried before, without success.
There's no way to win in the long term, statistically your losses will approach 5% of your wagered amount the longer you bet.

nhuantv

newbie

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Quote from: Chris314 on September 27, 2018, 04:47:14 AM

AS already said, the strategy is a Martingale one, and if you return to base bet after 4 losses in a row, you will lose 15 satoshis. You will then need to win 16 times without losing more than 4 times in a row to actually earn 1 satoshi in total.
With a 47,5% winning rate, you have 7,6% risk to have 4 losses in a row, higher than the 6,6% needed to win 16 times without losing 4 times in a row.
Otherwise said, you will lose at the end.

Yeah, i dont think i can earn money from gambling. But im really excited with my rule.
And i will find out the way can win.
I place a target i can win 1btc in under 3 month just from faucet.
This is the snapshot my balance: https://imgur.com/a/v33JrNB

Chris314

sr. member

Activity: 672

Merit: 266

AS already said, the strategy is a Martingale one, and if you return to base bet after 4 losses in a row, you will lose 15 satoshis. You will then need to win 16 times without losing more than 4 times in a row to actually earn 1 satoshi in total.
With a 47,5% winning rate, you have 7,6% risk to have 4 losses in a row, higher than the 6,6% needed to win 16 times without losing 4 times in a row.
Otherwise said, you will lose at the end.

nhuantv

newbie

Activity: 83

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Quote from: chris200x9 on September 27, 2018, 04:22:36 AM

Quote from: nhuantv on September 27, 2018, 04:04:45 AM

Quote from: Zakie on September 27, 2018, 02:58:15 AM

Thanks for your knowledge sharing, but i can't believe that some one can take money from the bookmakers, not one hundred percent, sorry.
One more thing, i'm Viet Dzung from Discord, hi Queen Wink

Hi anh Dũng, em Queen đây.
You right, gamble always not 100%. But like you play gamble in real life, you win 10, after that you lose 7, you stop => mean you win 3.
The key here is "Stop lost". If i feel unlucky, i will stop for that day and return later. I think its work for me.

There is no such rule that one should win 10 and lose 7 but it can happen reverse as well so, in the end, you may still lose money. So the basic rule, don't aim profit from the gambling games instead just go for fun and if your lucky on any day then you will make some free money, as well as you, get free entertainment. You remember to fix your budget in gambling before you overspend on these games.

Follow my rule, i still can lose all money in worst case: i must stop lost over and over again continuously.
anyway, i just use faucet and btc from sell airdrop token to play. If i win, lucky me. If i lose, no problem. Dont spend your real money in gamble.

chris200x9

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Quote from: nhuantv on September 27, 2018, 04:04:45 AM

Quote from: Zakie on September 27, 2018, 02:58:15 AM

Thanks for your knowledge sharing, but i can't believe that some one can take money from the bookmakers, not one hundred percent, sorry.
One more thing, i'm Viet Dzung from Discord, hi Queen Wink

Hi anh Dũng, em Queen đây.
You right, gamble always not 100%. But like you play gamble in real life, you win 10, after that you lose 7, you stop => mean you win 3.
The key here is "Stop lost". If i feel unlucky, i will stop for that day and return later. I think its work for me.

There is no such rule that one should win 10 and lose 7 but it can happen reverse as well so, in the end, you may still lose money. So the basic rule, don't aim profit from the gambling games instead just go for fun and if your lucky on any day then you will make some free money, as well as you, get free entertainment. You remember to fix your budget in gambling before you overspend on these games.

Zakie

newbie

Activity: 157

Merit: 0

Quote from: nhuantv on September 27, 2018, 04:04:45 AM

Quote from: Zakie on September 27, 2018, 02:58:15 AM

Thanks for your knowledge sharing, but i can't believe that some one can take money from the bookmakers, not one hundred percent, sorry.
One more thing, i'm Viet Dzung from Discord, hi Queen Wink

Hi anh Dũng, em Queen đây.
You right, gamble always not 100%. But like you play gamble in real life, you win 10, after that you lose 7, you stop => mean you win 3.
The key here is "Stop lost". If i feel unlucky, i will stop for that day and return later. I think its work for me.

I know, you're Queen, sao em chat kiểu gì nửa Việt nửa Anh vậy.
Good luck on your way!

nhuantv

newbie

Activity: 83

Merit: 0

Quote from: Zakie on September 27, 2018, 02:58:15 AM

Thanks for your knowledge sharing, but i can't believe that some one can take money from the bookmakers, not one hundred percent, sorry.
One more thing, i'm Viet Dzung from Discord, hi Queen Wink

Hi anh Dũng, em Queen đây.
You right, gamble always not 100%. But like you play gamble in real life, you win 10, after that you lose 7, you stop => mean you win 3.
The key here is "Stop lost". If i feel unlucky, i will stop for that day and return later. I think its work for me.

nhuantv

newbie

Activity: 83

Merit: 0

Quote from: slaman29 on September 27, 2018, 03:16:57 AM

Er, no, the thread related to Freebitco.in is very much alive. Practically getting more active in the last few months actually ever since it got a dedicated user being admin. Anyway, it's a faucet site after all, rather than a casino. So if you think about it, if you're only there to claim faucet Bitcoins, then you already win, with no risk of losing anything except a few minutes a day (like me haha).

Official thread for discussion - https://bitcointalksearch.org/topic/freebitcoin-200-freebtcwin-lambo02btc-dailyjackpot32500-wager-contest-320959

Tks slaman29!

nhuantv

newbie

Activity: 83

Merit: 0

Quote from: panjul07 on September 27, 2018, 03:47:48 AM

Quote from: nhuantv on September 26, 2018, 10:24:47 PM

Quote from: harizen on September 26, 2018, 10:01:04 PM

Quote from: nhuantv on September 26, 2018, 09:51:28 PM

~snipped~

1) No posting of referral links => I removed ref link

2) What you shared is a martingale system. You will lose on a long run surely. And come on it's a waste time to just bet 1 sat.

Bottom line, you can't beat their house edge much more especially at 5%. Don't have an update if they changed it but still no changes at all in the end.

Quote from: nhuantv on September 26, 2018, 09:51:28 PM

If you still playing freebit. Can you share how to win?

You need pure luck to win. That's it and nothing else.

Thanks for your notice!

1) No posting of referral links => I removed ref link

2) What you shared is a martingale system. You will lose on a long run surely. And come on it's a waste time to just bet 1 sat.
=> 1 sat is just my example, i used to bet at 5000 sat
And I use my rule to win actually. You can test it if you doubt it, let test by bet 1sat.

Anyway, i totally agree with you that we need luck in gamble

You were just lucky if you have not lost anything by using the strategy, as previously said that it is just a basic martingale strategy which is proven to be the most dangerous strategy. Even worst, you use it on a dice game with higher house edge.
Even if you start with 1 satoshi, but once you face worst losing streak then it will make you lose so huge amount of money fast.

Yes, i agree that martingale is very dangerous. If you have all BTC in the world, you will empty after lose 50 times.
That's why i have rule No.4: stop lost after only 4 lose, and keep bet 1sat 'till it end.

panjul07

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Activity: 3500

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Quote from: nhuantv on September 26, 2018, 10:24:47 PM

Quote from: harizen on September 26, 2018, 10:01:04 PM

Quote from: nhuantv on September 26, 2018, 09:51:28 PM

~snipped~

1) No posting of referral links => I removed ref link

2) What you shared is a martingale system. You will lose on a long run surely. And come on it's a waste time to just bet 1 sat.

Bottom line, you can't beat their house edge much more especially at 5%. Don't have an update if they changed it but still no changes at all in the end.

Quote from: nhuantv on September 26, 2018, 09:51:28 PM

If you still playing freebit. Can you share how to win?

You need pure luck to win. That's it and nothing else.

Thanks for your notice!

1) No posting of referral links => I removed ref link

2) What you shared is a martingale system. You will lose on a long run surely. And come on it's a waste time to just bet 1 sat.
=> 1 sat is just my example, i used to bet at 5000 sat
And I use my rule to win actually. You can test it if you doubt it, let test by bet 1sat.

Anyway, i totally agree with you that we need luck in gamble

You were just lucky if you have not lost anything by using the strategy, as previously said that it is just a basic martingale strategy which is proven to be the most dangerous strategy. Even worst, you use it on a dice game with higher house edge.
Even if you start with 1 satoshi, but once you face worst losing streak then it will make you lose so huge amount of money fast.

Topic: How to win in Freebitco.in - page 14. (Read 4270 times)