Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
FinneysTrueVision
on 20/10/2021, 00:34:24 UTC

After seeing this i decided to do a little research as to why the rewards from wof spins have mainly been base rewards.

So i did a little digging up and i stumbled across this on the fun token telegram
https://i.imgur.com/xS6uv81.jpg

now i cant verify with 100% certainty the validity of this but based on the above picture the wof would award the base reward 99% of the time.

As such i looked at the recent results of other users and i saw this as well

https://i.imgur.com/HcNxgIn.jpg        https://i.imgur.com/vn0IVBg.jpg



As can be seen above, for the most part the rolls will give the base reward of around 30 rp/sats/lt with respect to bitcoins price

From the buisness standpoint i understand the reason why the owners would do this, but from the users standpoint we are spending reward points and holding fun tokens for a completely different product than what was marketed originally as can be seen below..

https://i.ibb.co/RYgSRBM/freebtc-prize-table.png



imagine the time, effort and risk it takes to gamble and obtain reward points only to spend it on a  bonus where u could lose up to 70% of the rp spent because you are not aware that the rules of the game have changed.
Personally, i believe increasing the cost of the wof bonus would be better than changing the game and reducing the winnings to such extent. after all now we are willing to pay for this bonus either via premium membership or reward points and time.

I am not posting this to throw shades at the devs, i simply would like a clarification as to whether there is some level of truth in this or if it is just mere banter



It does indeed appear like they have pulled a bait and switch. Here is the new prize chart:



With the new odds it becomes virtually impossible to break even unless you actually end up winning the lottery or a lambo with your tickets. If you somehow manage to make 24 claims in a day to get 120 spins you will only be expected to earn a combined 3342 RP & sats while the cost to activate the bonus is 3600 RP.

With these adjustments it also makes it much less appealing to become a premium member. With FUN token hitting new lows against BTC since it was introduced to the site and the WOF prizes constantly decreasing, the vast majority of long term investors might end up losing more BTC than they earn.