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Topic: Proof that Freebitco.in game is not provably fair. - page 5. (Read 1197 times)

legendary
Activity: 3808
Merit: 1723
Why is it that every few months there is someone who is surprised their "Martingaling strategy" has suddenly failed due to >15+ losses in a row.

We have all been there. We discover dice and see how easy it is to make money. Basically bet $1 and if you lose, bet $2 next round and you will always win. Its impossible to get over 10 losses in a row correct? Wrong.

I think I was cleaned out before with like 15-16 reds in a row on 50/50 dice a few years back. Basically built up my account for weeks with martingale and eventually it failed that one time and lost the entire account.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Freebitco.in has been in business for years now and it has been very transparent with their process.
That's why they also display their process of calculating their next roll. They also show the client seed and nonce used for calculating the previous roll.
So it's just a matter of luck I would say. If your luck was too bad you can even lose 20 times in a row and then win the next ones.
If your luck is too good you can even win 10 times in a row. 47% chances of winning in no way guarantees that the number acquired would definitely make you a profit. It's just pure luck.
legendary
Activity: 3500
Merit: 1354
I guess you are newbie gambler, am I right? Losing 13 in a row on 2x multiplier is obviously possible. You can even get more than that, your claim does not prove that freebitcoin is not provably fair.
The house edge of the game is also higher than other similar game (dice). You can get the same or even worst result on a game with lower house edge.
I believe you will say the same thing against most other sites once you get the same or worst result even if the site is proven as a provably fair site.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
not quite, i have had more rounds today, i lost 10 times on another round , but i won 1 times and recovered my lost satoshi, say wathever u say this is not a provably fair game... also a friend played some months ago and he lost 17 times in a round, for y'all if you dont want to risk your satoshi, dont bet on this website.

Tell you what. While I think there's no way for us to really find out if the "win chance" percentage is actually legitimate or not and while I'm definitely no probability or statistics expert, even if we manually set it to 50%(hence lower potential winnings), having such a losing streak is in no way impossible. And taking note that you had your multiplier set to 2 hence your chances of winning is lower than 50%(47.50%). Don't underestimate the -2.5% difference.
newbie
Activity: 3
Merit: 0
What's the problem? Though it's definitely in the 'unlucky' side, losing 13 times in a row is definitely a possibility. It's not like the possibility of you winning the gamble goes up after every loss.

Also, with freebitco.in, the possibility of you winning a x2 multiplier is 47.50% not 50%.

https://i.imgur.com/O8BkNgK.png

not quite, i have had more rounds today, i lost 10 times on another round , but i won 1 times and recovered my lost satoshi, say wathever u say this is not a provably fair game... also a friend played some months ago and he lost 17 times in a round, for y'all if you dont want to risk your satoshi, dont bet on this website.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
What's the problem? Though it's definitely in the 'unlucky' side, losing 13 times in a row is definitely a possibility. It's not like the possibility of you winning the gamble goes up after every loss.

Also, with freebitco.in, the possibility of you winning a x2 multiplier is 47.50% not 50%.

newbie
Activity: 3
Merit: 0
How it is possible to lose 13 times in less than 1 minute, with a game that have 50 % win / 50% lose chance?. bullshit. fortunatelly i only bet 17k satoshi...

dont spend your satoshis on this shit game.

https://i.imgur.com/XObTBVO.png
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