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[freebitco.in] Explaining the chance of wining and how it all works.

nilinia

Cryptographic Vulnerability Auditor
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Hi Nulled.
I want to start with my presentation, my nickname is, as you can see, Joker, I am new to this forum and saw that you have this section, seen the tutorial AlanTuring made and wanted to make an more in deep explanation on how freebitco.in works with also the chances of winning any of the prizes and how the referral works.
Mainly I consider this site a pyramid scheme, where you win more by getting more people to it.
Every hour you have a chance to win between 0.00000017 BTC and 0.01693017 BTC:
0-9885 = 0.00000017 BTC (= ~0.002$ ) with a chance of 98.85%
9986-9985 = 0.00000169 BTC (= ~0.02$ ) with a chance of 1%
9986 - 9993 = 0.00001693 BTC (= ~0.2$ ) with a chance of 0.08%
9994 - 9997 = 0.00016930 BTC (= ~2$ ) with a chance of 0.04%
9998 - 9999 = 0.00169302 BTC (= ~20$ ) with a chance of 0.02%
10000 = 0.01693017 BTC (= ~200$ ) with a chance of 0.01%
With every roll you also get 2 free lottery tickets and 2 reward points.
So these are the chances for you to win even a little more, pretty small eh? Well, what can we say, free money remain free money.
Now about the referral system they have, as I said before it's a pyramid scheme, you get 50% of the winnings of every free roll every one of your referrals do, 0.40% of wager/bet on the Multiply BTC/Betting and 25% of their daily interest. Also 1 free lottery ticket and 1 reward point for every free roll as well.
Now the lottery, well a lottery remains a lottery, the more tickets you have, the bigger the chance to win you have, but don't underestimate the chance or luck of others. I see a lot of No. 1 winners with over 1.000.000 tickets or over 10.000.000 tickets, but in last 13 round of lottery there also were 2 super lucky winners, with only 66 and 77 tickets they won the grand prize of 0.64629613 BTC and 0.67751993 BTC, that's hella of a luck, this demonstrate that even with low chances you can still win, maybe not the grand prize, but there are 10 places that can win somewhere between 0.001 BTC and up to 0.8 BTC. Sadly I seen in past few round the prizes become lower and lower, which is not so good.
About reward points, they are not so good, I mean you should be better not spending BTC to buy BP, their price is lower.
I compared their 22.000.000 BP Iphone XS (512 GB) price converting the amount of BTC needed to get those points and checked the phone price on Amazon, the results are that you spend 0.22 BTC (= ~2600$ ) on a phone that costs on Amazon 1750$. Maybe you can buy a few of them when you are close to a prize you want. I would recommend in a case of boting to use the Rewards Points Bonus, cause you buy 100 rewards points bonus per roll for the next 24h which you can get a total of 24 rolls so you win back double the points, it can be really useful this way.
In the end I hope I made all of you understand this site and how it works, and if you would like to help me within it, I would be very thankful. Here is my referral link: https://freebitco.in/?r=6172966
Also, sorry if my english was bad, I am not a native and I still have to learn a lot.
 

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