Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
rdbase
on 19/03/2025, 13:33:45 UTC
They said the free spins were removed due to problems but that makes no sense.
They never explained why they no longer credit WOF spins for holding FUN tokens.
It was removed because the bitcoin price got too high and it was too costly for them to keep those up.
No, it has nothing to do with bitcoin price.
The rewards they give through WOF spins are always adjusted to bitcoin price.
When they launced WOF spins, the base rewards were 50 satoshi, 50 reward points and 50 lottery tickets. Now they are 12 satoshi, 12 reward points and 12 lottery tickets.
Having held these tokens for the last year my locked fun have been released and was only able to sell them for 1 satoshi each. So lost over 4x the value of what I had bought them for at 5 satoshi each this time last year.
Bitcoin's price was $60,000 so spent 0.0125btc from what I recall. Was only able to sell them all for 0.0025btc doing this straight off the site so they took nearly half of what I would if I was able to withdraw these tokens to an exchange and sell them on there.
Never received the 16 WOF spins daily for the past 8 months so that is another loss complied of potential satoshis/RP/lottery tickets given per spin.
Overall a horrible experience using this site. So completely agree with shield132 of his rundown on the post above.