Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
babygun
on 29/04/2021, 11:03:18 UTC
Using the same logic you might think that within 100k tries you are definitely going to hit a 0.01% target at least once(because it "should" happen once in 10k tries). But this is not necessarily the case. Some gamblers lose big money relying on such wrong calculations.
Man, in fact, I absolutely agree with you ... Just recently, I decided to test the doubling strategy, (if you can call it that) but it didn't end as I expected. I assumed that using a 47% chance, and doubling the rate in case of a loss will sooner or later pay for itself, but I could not imagine that with such a high probability I will have 10 losses in a row.

My personal record is 16 reds in a row betting with 50% win chance. But I also had 17 greens in a row once.


Mine is 13 reds in a row  Grin. It was enough to loose all my balance. Everybody can agree that Martingale will fail at a certain moment, but still I like to use it from time to time.


Are we going to see another FUN token competition? That activity really did boost the price of this token. Maybe freebitco team is cooking something for another exciting activity that will focus on FUN tokens. But right now, for those who want to hold more fun tokens to get the benefits from holding it, will be a good time to buy more as the price is bit lower.

True, I hope they organize a new one or something else to boost the price. The price is hovering these last couple of days around 60 satoshis.