Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
shield132
on 19/05/2024, 10:06:40 UTC
So I have an update about the hardware wallet that I have been bitching about for the last month. Freebitco.in has reissued my reward points. Thank God take back everything I said. Well almost cuz I'm still owed $500 from wagering contest that was taken for me but I can confirm that I got my reward points back and I was able to cash out to my wallet. No problem, hopefully they can can get this problem with the cash travel malware fingered out and if they can do that then we're in good standing. Thank you freeBitco.in for my  reward points.
Congratulations, that's a sign of good. By the way, where did they contact you? Via Twitter, Facebook, Instagram or via email?

(...)
- At the wagering's level that you have described, House Edge can be provably close to zero:



So, that sort of user is investing in the house's side rather than in the gambler's side.

I'm not that familiar with all the recent bonuses etc, but this can't be right. That would mean that if a player referred himself, which is not allowed but could happen, he would be making 0.40% of the amount wager in pure profit (with 0% house edge). If that were the case, the site would probably have gone bankrupt already.
And even if a player didn't refer himself, but was legitimately referred by another user, the site would still be making a loss on such a player (unless he was unlucky in betting).
I don't understand how he calculated a 1% house edge on different events and promotions. 5x RP bonus is not a regular part of the website, it's a promotion. I don't understand what is 1% usual bonus and 2% special bonus
I believe that mathematically Freebitco.in should have calculated everything in a way that they should be guaranteed to win long-term, otherwise they wouldn't exist for so many years. Their referral bonus is excellent, one can live a happy life with active and rich referrals.