Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
arallmuus
on 14/05/2020, 23:06:37 UTC
Okay, so I'm wondering... in the "contest" you see these people who wager soooooo much money.
In just 14 days, the first one on the ranking has wagered over 323 BTC, which is roughly just over 3 million USD.

How do they do that? I mean, you must have an enormous amount of BTC in your account to be able to spend that on Multiply, you need a lot of guts to spend those amounts on Betting... I'm really puzzled... Sure, they win +2000 USD almost every day, but still. Can anyone explain?
That is a very simple question though because maybe they had a lot of money to play with.
But it doesn't mean the 3 million USD is the entire capital of course.

Expected loss on three million wagered is 150,000$, since Freebitcoin house edge is higher than average and is 5%

Freebitco.in was/is faucet site and it appears on top google search for free bitcoin or bitcoin for newbie . When you were a newbie in a crypto world and you see how easy it is to get bitcoin also at the same time you can gamble to get more , what would you expect? Most people will just gamble and once they lose, they might be curious to keep trying without any understanding of the house edge