Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live!
After rereading my post above I realized that I described something that can happen only in a parallel universe. The max profit on bet on freebitco.in is 20 BTC, so you can't actually win 160 BTC in one bet.
But now I'm wondering is there a limitation on max bet amount, or is it theoretically possible to bet 2,000 BTC with 94.06% win chance and win 20 BTC, taking the 1st place in the wagering contest in the meantime?
But now I'm wondering is there a limitation on max bet amount, or is it theoretically possible to bet 2,000 BTC with 94.06% win chance and win 20 BTC, taking the 1st place in the wagering contest in the meantime?
Yes, you can bet 2,000 BTC at 1.01x if you have the balls to do it!
~
I just did it with an amount I could afford to lose, just for the fun of it:
but no way I would do that with any significant(for me) amount. It's good I won btw, because losing 10k sats in one second is not what I actually want. I can play 3 hours in a poker tournament with 10k sats buyt-in where I can potentially win 0.002 BTC.
But, as @panjul07 has pointed out, it's not like no one can do that. Especially starting from the 1st of May, when you can get a lot of Golden Tickets while wagering big amounts. The more tickets, the higher the chances of driving a Lambo home.
