Post
Topic
Board Gambling
Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!!
by
TheQuin
on 19/09/2019, 02:27:39 UTC
Healthy increase in volume, but lower lottery prize, ignore the period that the first prize skyrocket to 1.8-2.0btc (mass multi accounts bot), it's prize now is lesser than 0.5 BTC (which was before that event is 0.5 -> 0.6 btc) but the wager volume right now is much more than before so either it's not really healthy or the prizes have been offset for weeks to pay the Lambo.

No. We look at everything in dollar terms. When the lottery was 0.6, BTC was much lower. So the wagering volume was higher in BTC terms but lower in dollar terms.
Nothing has been changed to offset the Lambo.


A simple check, current peak top wager is 1000+ btc during your lambo event, himself alone can overtake at least 5 times wager amount of the top 10 table at that time,  and the prize during that period is 5k-8k5 (few months right before the mega drop to 3k2), simple take 5 times bigger wager, but 2 times btcusd price, not to mention total user accounts now is at least 2x more but the prize is lower.

That's not a simple check. You are only looking at one players monthly volume.
Look at the history of the lottery results and then convert the prize amounts into USD at the exchange rate of the time and you'll see the prizes have increased.
We only show 10 days history on the stats page but if you had of kept notes you would see that daily volume wagered has decreased in BTC terms but increased in USD terms in the same period.

I think you must have spent too long talking to The Village Idiot.