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Topic: How to win in Freebitco.in - page 7. (Read 4270 times)

legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
May 13, 2019, 09:55:33 AM
The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.

If you mean betting with 50% win chance, then even 1/2000 of your bank can be not small enough. Losing 15 times in a row is a common thing, and over 20 times in a row can happen too. The thing is that if it was possible to say that you are insured against losing over 20 times in a row while betting with 50% win chance, many people would just be rolling on dice sites instead of mining. Smiley

Applying this type of technique I have lost up to 30 times in a row, often with a lot of balance, what happens is that the Provably Fair somehow determines what your game pattern is, and according to that applies strategy in the same way, when it happens this kind of thing, so you can confuse it in some way is to play randomly because there comes a moment that while you are doing random movements you are playing in the hands of luck and what happens, when there are random movements, the system no longer finds any pattern and it starts to win, it's simple logic, I've been playing for a long time and I've discovered this way, many times I changed to 2x, 3x, 5x, 7x, and betting with different amounts, that's how I've managed to be more successful.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
May 11, 2019, 06:26:33 AM
The size of the minimum rate must be chosen equal to no more than 1/2000 of your bank. Why 1/2000? Because you will have a margin of 9 losses of the generated number in your chosen range and balance balance for the 10th rate, after which about half of the balance remains.

If you mean betting with 50% win chance, then even 1/2000 of your bank can be not small enough. Losing 15 times in a row is a common thing, and over 20 times in a row can happen too. The thing is that if it was possible to say that you are insured against losing over 20 times in a row while betting with 50% win chance, many people would just be rolling on dice sites instead of mining. Smiley
legendary
Activity: 2534
Merit: 1517
#1 VIP Crypto Casino
May 11, 2019, 03:52:40 AM

For the wagered amount, I do not think it is as simple as that, even you play with some low multiplier, there is no guarantee that you will only lose 5% because of the hiuse edge. Everything is all about luck so it is either you are playing hard or not I can say you can't predict the future

But let me tell you one thing, if you have 100 btc, why dont you let your money grow there? Just take an interest there, you will earn daily 0.01 which is really huge amount. So your money will keep on growing instead losing 5 btc

As I said this is considering variance = 0 with and expecting value equal to that number.
I took huge bets to fast counting but yes if you can do 100.000 bets for the same wagered amount total your number should be very close to the house edge, in this case, 5%.
Sadly I don't have 100 BTC, but a lot of people have them and they simply gamble them. Instead of doing something useful, this is sad but this is it.
Also, this was math to see if as someone said (the top wager is referring himself to beat the system)
legendary
Activity: 1834
Merit: 1008
May 10, 2019, 07:08:45 PM
400 BTC wagered can be 200 bets of 2 BTC, not 20. Smiley

Considering the house edge, 5%, you can perfectly lose 20 BTC within 200 bets. ...

Nevertheless, I too feel that their referral system is being abused, and I made a post about that today in their official thread.

You right, let's do the math again.

Assuming 100 BTC on account A and 400 BTC weighed.
Account A refer account B.

Account A

Interest for 1 month: 0.0109589%*30 (100btc)=0.328767 BTC
Reward points = 1/0.00005*400=80.000.000 RP
Exchanged RP= 0.8 BTC



With 200 bet and 5% house edge on the long run, you will lose = 5% 20 BTC = 10 BTC
Winner of the contest = 2 BTC

Account B
Interest= 0%
MULTIPLY BTC / BETTING 0.40% of wager / bet =0.4% 400= 1.6 BTC
EARN BTC 25% of daily interest, big question marks= 25% of 0.328767? = 0.08 BTC

Winner of the referral contest 1 BTC

So assuming that you have 2 accounts and 100 BTC on account 1, you will end with

100+0.328767+0.8-10+2+1.6+0.08+1= 95.808767 BTC

For the wagered amount, I do not think it is as simple as that, even you play with some low multiplier, there is no guarantee that you will only lose 5% because of the hiuse edge. Everything is all about luck so it is either you are playing hard or not I can say you can't predict the future

But let me tell you one thing, if you have 100 btc, why dont you let your money grow there? Just take an interest there, you will earn daily 0.01 which is really huge amount. So your money will keep on growing instead losing 5 btc
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
May 10, 2019, 05:34:55 PM
First of all, I do not understand why you are getting on your base bet after 4 losses. anyway, I had a better strategy.
Bet will lowest amount possible and ignore all the wins you get. just try to get like some losses in a row like 4-5 losses in a row and then increase your bet to 10x and after that use martingale strategy of doubling your bet amount after every loss. by this, you will have like backups on your losses.

A lot of strategies could be use in gambling, but not every single time, it would work. It is annoying that even though you came up with too many strategies, yet it is still not enough to beat the house. Competing with the house is pretty brutal, it is like you are fighting a billion soldiers while you are alone, what I mean is the possibility of winning is 0.000001% or in short, very impossible that you could win most of the time whenever you wanted to.

So I seriously doubt that the OP's strategy will actually work. With the house edge of freebitco, I am not sure how you can calculate your chance of winnings here. I am still playing on this site, but I just leave it to luck. I don't need any strategy to win, I will be crazy if I will do so. Don't take this too seriously, just have fun and let your luck decide. Unless, you are betting your lifesavings here.
legendary
Activity: 2982
Merit: 1028
May 10, 2019, 02:46:24 PM
First of all, I do not understand why you are getting on your base bet after 4 losses. anyway, I had a better strategy.
Bet will lowest amount possible and ignore all the wins you get. just try to get like some losses in a row like 4-5 losses in a row and then increase your bet to 10x and after that use martingale strategy of doubling your bet amount after every loss. by this, you will have like backups on your losses.

A lot of strategies could be use in gambling, but not every single time, it would work. It is annoying that even though you came up with too many strategies, yet it is still not enough to beat the house. Competing with the house is pretty brutal, it is like you are fighting a billion soldiers while you are alone, what I mean is the possibility of winning is 0.000001% or in short, very impossible that you could win most of the time whenever you wanted to.
Every strategy have a same goals, to win or to take some advantage from the casino house, if you can have a working plan you can extend your stay inside and play much longer but due to your greediness the results will mostly turned into negative results, you need to firmed with your strategy and always stay away when you already win even a little percentage of your actual capital better than losing everything.
hero member
Activity: 1400
Merit: 571
May 10, 2019, 01:33:02 PM
First of all, I do not understand why you are getting on your base bet after 4 losses. anyway, I had a better strategy.
Bet will lowest amount possible and ignore all the wins you get. just try to get like some losses in a row like 4-5 losses in a row and then increase your bet to 10x and after that use martingale strategy of doubling your bet amount after every loss. by this, you will have like backups on your losses.

A lot of strategies could be use in gambling, but not every single time, it would work. It is annoying that even though you came up with too many strategies, yet it is still not enough to beat the house. Competing with the house is pretty brutal, it is like you are fighting a billion soldiers while you are alone, what I mean is the possibility of winning is 0.000001% or in short, very impossible that you could win most of the time whenever you wanted to.
legendary
Activity: 1274
Merit: 1004
May 10, 2019, 12:23:26 PM
First of all, I do not understand why you are getting on your base bet after 4 losses. anyway, I had a better strategy.
Bet will lowest amount possible and ignore all the wins you get. just try to get like some losses in a row like 4-5 losses in a row and then increase your bet to 10x and after that use martingale strategy of doubling your bet amount after every loss. by this, you will have like backups on your losses.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 10, 2019, 10:40:40 AM
I heard many strategies to win on freebitco.in but never try any strategy yet. I don't know they discovered a true trick or they were just lucky. Well, I don't think the team will stay silent if people already knew how to play and make money on their website. It means someday the trick will be delete and the calculation will be changed. It's good for you to keep it for yourself so people the team won't know that everyone can "hack" it.
I guess they are very lucky to win in freebitco. In because if they are not lucky, they will lose their money without having a chance to recover it in other days.
It is difficult to win in that site, and I tried many times before and the result still the same.
The luck itself cannot be predicted when it will come and we could risk our money if we are staying in that site without any break.
I am sure they will prevent people who are cheating on their site because they don't want to get lost because of some bugs that might exist in their website and I am sure they will fix the bugs.
sr. member
Activity: 672
Merit: 266
May 10, 2019, 10:33:21 AM
That type of strategies will never work, thinking that some sort of strategy and following a strict rule would help you win is the reason why most people lose their money gambling in crypto world and can't really get out of the mindset of losing. You can win like this for a long long time and be at a huge profit (this is gambling after all, you may get lucky) but in the end if you follow ANY strategy for too long you will lose all your money because you are going to lose way too many times in a row.

Gambling long enough time gets the chance of too many losses in a row higher, for example gambling over 5000 times will result with you losing 20 times in a row possibly. That is why the only way to win is betting all your money on one hand and if you are lucky you will win, that is more realistic than these strategies. At least you will know if you will lose on your first hand or you will win.
Being practical and just aiming for the win, betting all in will dictates the result right away, those strategy are just for extending your stay inside the house, it will still resulting to lose everything if you are playing longer time, there's some chances that you'll win but most of the time it will not give you
a favorable position, just pick your own method and try your luck to win.
I have an account on this gambling site but I never gain profit even how I used strategy. I believed that this is all about luck and nothing you can do this even how expert you are in making strategy. Even how many times you had bet only 1% of chances in winning out of 100%. Well, so far this gambling site is an older crypto gambling site which is I've known before 3 years had passed and until now they are still operating.
Gambling is luck and a 50:50 chance there is no formula or strategy that stand out for making profit consistently, I had try my luck countless number of time with freebitco.in but I have not been oportuned to win or have an edge over, despite martingale strategy I deployed however a lot of people gambles and making profits is just luck from point of view.

There's a formula however : if n is the number of bets, the higher n is, the closer are your losses to the site house edge, which is 5% here on freebitco.in. Written otherwise : with each bet, you give in average 5% of the bet amount to freebitco.in.
That's the only working formula, working with any strategy (Martingale, D'Alembert etc.).
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
May 10, 2019, 09:12:31 AM
That type of strategies will never work, thinking that some sort of strategy and following a strict rule would help you win is the reason why most people lose their money gambling in crypto world and can't really get out of the mindset of losing. You can win like this for a long long time and be at a huge profit (this is gambling after all, you may get lucky) but in the end if you follow ANY strategy for too long you will lose all your money because you are going to lose way too many times in a row.

Gambling long enough time gets the chance of too many losses in a row higher, for example gambling over 5000 times will result with you losing 20 times in a row possibly. That is why the only way to win is betting all your money on one hand and if you are lucky you will win, that is more realistic than these strategies. At least you will know if you will lose on your first hand or you will win.
Being practical and just aiming for the win, betting all in will dictates the result right away, those strategy are just for extending your stay inside the house, it will still resulting to lose everything if you are playing longer time, there's some chances that you'll win but most of the time it will not give you
a favorable position, just pick your own method and try your luck to win.
I have an account on this gambling site but I never gain profit even how I used strategy. I believed that this is all about luck and nothing you can do this even how expert you are in making strategy. Even how many times you had bet only 1% of chances in winning out of 100%. Well, so far this gambling site is an older crypto gambling site which is I've known before 3 years had passed and until now they are still operating.
Gambling is luck and a 50:50 chance there is no formula or strategy that stand out for making profit consistently, I had try my luck countless number of time with freebitco.in but I have not been oportuned to win or have an edge over, despite martingale strategy I deployed however a lot of people gambles and making profits is just luck from point of view.
jr. member
Activity: 162
Merit: 3
Free Crypto in Stake.com Telegram t.me/StakeCasino
May 10, 2019, 06:56:42 AM
I think that Freebitco is the best website to faucet this website. They are still working 100% Leagly since the beginning. No scam has ever happened. This is the most trusted website in the faucet. I earn a lot of money from the lottery. But I could not profit from playing the "HI or lo" gambling game on this website.
legendary
Activity: 2534
Merit: 1517
#1 VIP Crypto Casino
May 09, 2019, 12:14:17 PM
Theres nothing time consuming about the faucet for most people.   Its like 5 seconds or less, it just doesnt give out that much BTC so you'd have to gamble it and get lucky elsewhere on the site.     The only thought I had about why the faucet is good is that over time if BTC gains alot then everyone who used it has won without any real risk to take part.
    Even just recently the reward for faucet was closing in on 40 satoshi every hour but now the price for BTC recovered some this has now dropped to like 16 Satoshi.    I recommend even more using the faucet when BTC is less popular

Keep in mind, you can always deposit 60$ and get the bonus on the basic roll.
Rolling without the bonus is meh a loss of time.
STT
legendary
Activity: 4088
Merit: 1452
May 09, 2019, 11:22:17 AM
Theres nothing time consuming about the faucet for most people.   Its like 5 seconds or less, it just doesnt give out that much BTC so you'd have to gamble it and get lucky elsewhere on the site.     The only thought I had about why the faucet is good is that over time if BTC gains alot then everyone who used it has won without any real risk to take part.
    Even just recently the reward for faucet was closing in on 40 satoshi every hour but now the price for BTC recovered some this has now dropped to like 16 Satoshi.    I recommend even more using the faucet when BTC is less popular
hero member
Activity: 1400
Merit: 571
May 09, 2019, 10:20:06 AM
I think there is no specific profit strategy, all based on luck only.
But the profit can be increased through referrals and participation in the lottery

I agree with this one, you could easily multiply your balance in freebitco.in by just looking for referrals, that way, you could easily earn free bitcoins compare if you don't have any referrals at all. Winning in faucets is so hard to achieve since they are already giving free bitcoins and letting you win big amount every roll is an abuse already.

Though I don't really need that free bitcoins on faucets since it is time consuming and that's not worthy at all to be claim in every hour.
newbie
Activity: 8
Merit: 0
May 09, 2019, 05:59:10 AM
i Have a Question:

In the betting section, what does the TIME WEIGHT MULTIPLIER do to your bet. I don't get the explanation that is given on the site.

------
The Time Weight Multiplier is an additional factor added to our betting events to incentivize early bets by assigning them a higher weight than later bets.

The Time Weight Multiplier starts at 100 for each event and goes down as time passes, eventually reaching 0 when the event ends.

The weight of each bet is assigned as (Bet Amount)*(100%+(Time Weight Multiplier)%). So, a bet made with Time Weight Multiplier of 99x will have a weight of 199% and a bet made with Time Weight Multiplier of 30x will have a weight of 130%.

In the example above, the bet with Time Weight Multiplier of 99x will win 60% (199/(199+130)) of the prize pool and the bet with Time Weight Multiplier of 30x will win 40% (130/(199+130)) of the prize pool.
So the quicker you make your bet, the higher share of the prize pool you can win!
------

What if the odds are 4.42 and the TWM is 45.706x and I bet 1 BTC. My Estimated winnings wil be: 4.42000000. Is this actual my winning or will it be less?
 
hero member
Activity: 2590
Merit: 644
May 08, 2019, 10:48:46 AM
That type of strategies will never work, thinking that some sort of strategy and following a strict rule would help you win is the reason why most people lose their money gambling in crypto world and can't really get out of the mindset of losing. You can win like this for a long long time and be at a huge profit (this is gambling after all, you may get lucky) but in the end if you follow ANY strategy for too long you will lose all your money because you are going to lose way too many times in a row.

Gambling long enough time gets the chance of too many losses in a row higher, for example gambling over 5000 times will result with you losing 20 times in a row possibly. That is why the only way to win is betting all your money on one hand and if you are lucky you will win, that is more realistic than these strategies. At least you will know if you will lose on your first hand or you will win.
Being practical and just aiming for the win, betting all in will dictates the result right away, those strategy are just for extending your stay inside the house, it will still resulting to lose everything if you are playing longer time, there's some chances that you'll win but most of the time it will not give you
a favorable position, just pick your own method and try your luck to win.
I have an account on this gambling site but I never gain profit even how I used strategy. I believed that this is all about luck and nothing you can do this even how expert you are in making strategy. Even how many times you had bet only 1% of chances in winning out of 100%. Well, so far this gambling site is an older crypto gambling site which is I've known before 3 years had passed and until now they are still operating.
legendary
Activity: 2982
Merit: 1028
May 08, 2019, 10:39:51 AM
That type of strategies will never work, thinking that some sort of strategy and following a strict rule would help you win is the reason why most people lose their money gambling in crypto world and can't really get out of the mindset of losing. You can win like this for a long long time and be at a huge profit (this is gambling after all, you may get lucky) but in the end if you follow ANY strategy for too long you will lose all your money because you are going to lose way too many times in a row.

Gambling long enough time gets the chance of too many losses in a row higher, for example gambling over 5000 times will result with you losing 20 times in a row possibly. That is why the only way to win is betting all your money on one hand and if you are lucky you will win, that is more realistic than these strategies. At least you will know if you will lose on your first hand or you will win.
Being practical and just aiming for the win, betting all in will dictates the result right away, those strategy are just for extending your stay inside the house, it will still resulting to lose everything if you are playing longer time, there's some chances that you'll win but most of the time it will not give you
a favorable position, just pick your own method and try your luck to win.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
May 08, 2019, 09:33:36 AM
I will definitely try this  to see if this numerous gambling strategies indeed work.
Freebitco is the only gambling site I have played  and comfortable with. It surprises me they still exist today even with the ponzi-like(not sure it is ponzi) investment they offered their customers.

Bookmarked
copper member
Activity: 47
Merit: 0
May 08, 2019, 05:56:09 AM
Although real winning strategy does not exist the topic becomes popular even among very experience forum members.
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