The first iGaming-Blockchain site to hit 120 million visits in one month

Yes, you read it right - that is more than the traffic on all Betsson, Kindred and GiG brands combined. What is even more surprising is that this website has no Sportsbook product, no Casino, no Poker and probably not even one single image!

Can you guess who it is? Click here to find out.

If the 90's web design does not shock you, here are some impressive Quick Facts that definitely will...

1.     Win Free Bitcoin Every Hour

How it Works: All users are entitled to visit the ‘FREE BTC’ page every hour and click the ‘Roll’ button. A 5-digit number is then rolled and displayed. Irrespective of the number rolled you will always win some Satoshi to build up a bankroll. With some luck you can win even more if you roll a number greater than 9886. The maximum amount you can win for free every hour is 0.028BTC (equivalent to $199.99 at the current price. 1 BTC = $7063.20 on 1st Sep 2018) Learn more

Why it’s Smart: Very few people can say no to earning free money, and this website gives customers a reason to return every hour to do just that. There is a story about how Warren Buffett, the best investor of the 20th century, was riding an elevator up to his office and on the floor was a penny. He was not alone, there were several executives in the lift as well, but no one took notice of the shiny penny. When the doors of the elevator opened, Buffett leaned over and picked up the penny to the shock of the executives. As he left, without turning around he held the penny up over his shoulder and said “The beginning of the next billion.”

2.     Multiply Your Bitcoin

How it Works: You can multiply your bitcoin by up to x4750 by playing the MULTIPLY BTC game. This is another simple game which involves rolling a 5-digit number. In this game you have to guess whether the randomly generated number will be higher or lower than a set threshold. By default to win you need to, bet HI and get a number higher than 5250 or Bet LO and get a number lower than 4750. This gives the house an edge of 5%, which almost translates to the same chance of winning when betting Red or Black on American Roulette. You can also customize the odds/win chance and bet size if you wish to risk less or more. On top of that you can also win Jackpots of up to 1 Bitcoin if you roll the number 8888. Learn more

Why it’s Smart: Greed and Fear are two of the three great forces in the world, according to Einstein (the third is stupidity). They are also two triggers that marketers have leveraged for years to drive consumers to take action. People gamble for a number of reasons; you can read more about this my article: Why People Play Slot Games. However from my experience greed, is one of the main reasons why even people who win at a Casino, can eventually walk out at a loss after believing they can win more. Although this website might give out a lot in free rewards, users are more likely to gamble away money which they did not have to work hard for. While the ones that win are even more likely to return.

3.     Weekly Lottery with Big Prizes

How it Works: Every registered user can collect free tickets to the weekly lottery draw. You will receive 2 lottery tickets for every ‘FREE BTC’ hourly roll you play. This adds up to a maximum of 48 free lottery tickets per day. In addition, you will also earn 1 free lottery ticket for every $0.03 wagered in the MULTIPLY BTC game. To increase the chance of winning extra lottery tickets can be purchased for less than $0.01. The largest Jackpot amount won on the website to date was of: 16.6 Bitcoins (equivalent to $117,271.46 at the current price. 1 BTC = $7063.20 on 1st Sep 2018) Learn more

Why it’s Smart: Over 32 million people in the UK play lottery every week, that is more than 65% of the entire adult population. The odds of winning the lottery are so complex, that they can confuse the brain, causing people to become superstitious and believe they can win. Often a time we find ourselves fantasizing how we would spend the money, if we had to bag that big win. This activates the same parts of the brain that would become active if we actually won. These areas have links to the brain regions involved in emotion, decision-making and motivation. This motivation coupled with the dream of winning a life-changing amount drives people to purchase more tickets.

4.     Refer and Earn 50% Commission

How it Works: All users can earn generous commissions, simply by promoting their unique referral URL or sharing it with friends. When new users sign up through your link, you will automatically receive a 50% lifetime commission on all their winnings in the FREE BTC game. You will also get a 0.40% cut of all money wagered whenever they play the MULTIPLY BTC game. If you or your referrals rank in the top 10 players leader-board with the highest wagering volume, there is a further $30,000 that can be won in monthly contests. Learn more

Why it’s Smart: Companies like Uber, Dropbox and Airbnb have successfully used their referral programs to accelerate the growth of their businesses. This website is no different. People make referrals all the time in casual conversation, talking about brands they love and services they enjoy. The referral program on this website facilitates and encourages that. Most importantly it rewards users with a generous commission, giving them a vested interest in promoting the business. On the other hand it gives freebitco.in access to new valuable customers, without having to invest money upfront into expensive acquisition marketing.

5.     Loyalty Rewards and Prizes

How it Works: Every active user receives Reward Points for actions performed on the site. These can be redeemed in awesome Prizes and Bonuses. You collect 6 free Reward Points for every FREE BTC roll you play. 3 Points for every roll your referrals play and 3 Points for every 0.00000500 BTC that you wager in the MULTIPLY BTC game. There is a huge selection of gifts available including the latest: Apple iPhone X, Beats Wireless Headphones, Fitbit Bands, GoPro Hero Cameras, Samsung Gear VR and many more.

Why it’s Smart: Providing your customers with a tangible reward for displaying certain behaviour is a tried and tested method to deliver organisational sales goals. Loyalty rewards not only help boost good will, but also contribute to improving customer engagement levels, extending lifetime value and moving individuals up the value chain. Furthermore having highly desired gadgets available in the loyalty store, adds to the appeal which might justify playing further to reach your goal.

6.     Receive Daily Interest on Savings

How it Works: Receive compounded daily interest on the balance that you hold without doing anything. By maintaining a balance of at least 0.0003 BTC in your account, you get paid compounded interest on your full balance every day. There is no lock-in period to earn interest (you start earning interest right from the first day) and your balance can be withdrawn any time you wish. You can treat this as an instant-access savings account to hold your excess bitcoins and earn passive interest on your account balance. At an annual interest rate of: 4.08%. Learn more

Why it’s Smart: Not a lot of gamblers can resist the temptation of having a balance on their account without being tempted to play it again. While this saves the company and the player money in terms of deposit and withdrawal fees, prominently displaying the balance serves as a constant reminder to do just that. The website incentivizes users not to withdraw by paying out daily interest on their account balance, in order for them to perceive this as an investment. That said if you can brave the temptation they pay better than most reputable banks. However also keep in mind that the price of crypto currency is still quite volatile, but this can also work in your favour.

7.     All Games are Provably Fair

How it Works: Blockchain technology has one key advantage - Transparency! This means there is no way the site can cheat you by picking a number that is in its favour. Each roll is calculated using 3 parameters - the server seed, client seed and nonce. The user can review the last 2 parameters that will determine the outcome in advance, while the server seed is kept hashed until after the roll. At this point you can verify if the SHA256 hash of the server seed matches the one shown before the roll. Learn more

Why it’s Smart: This website offers fair games through decentralisation. Every user is able to transparently verify and audit their rolls to ensure that the games are not rigged. Unfortunately game providers, particularly unlicensed ones have been caught cheating in the past and Bitcoin Casinos are not better: case of Bitcoin Casino caught cheating. In contrast Freebitco.in has been one of the pioneers in blockchain game development since 2013 and it's mission is to build exciting games that are provably fair.

Visit FreeBitco.in

Bonus: Getting Started is Easy

How it Works: Signing up on Freebitco.in is simple and easy - no long registration forms that take forever to complete. Just enter your email address and password to get started.

How FreeBitco.in makes Money?

• While no deposit is required to start collecting free Bitcoin on the site. Users have the option to deposit their own money and enjoy the games further. Like any other gambling operation, they do have a house edge and make their money when players lose.
• The website reinvests some of its profits into running its own Bitcoin mining operation (which is currently 9.065 Petahashes or 0.019% of the total hashpower of the Bitcoin network).
• Note: The website claims they do not sell Traffic or Advertisments. I did ask support to confirm this, as it could be a great opportunity for some - however to date I have not received a reply.

Tricks and Scripts for FreeBitco.in

There is no shortage of people online suggesting various betting strategies to beat the games on this website. While their faith surpasses religious levels, one must bear in mind that most of these are just trying to claim new referrals under their account. In the long run no betting system can withstand the test of time. The longer you play, the ratio of money lost to money bet will get closer to the expectation for that game. Let's look into the most popular system:

The Martingale

The idea is that by doubling your bet after a loss, you would always win enough to cover all past losses plus one unit. You can try this on the MULTIPLY BTC game by following these steps, using the Auto Bet functionality:

Base Bet: Depends on your balance. Start with 0.00000001 (for 0.00008192 balance) and increase as you go on: 0.00000002 (for 0.00016384 balance), 0.00000004 (for 0.00032768 balance) etc.

Max Bet/Win: Your current balance divided by 2 and round down to a power of two (i.e. 0.00004096 for a balance of 0.00008192)

Odds: 2

Rolls: 999999

Bet On: Alternate

On Win: Return to Base

On Lose: Increase set by 100%

Stop Betting After: Profit ≥ 0.00001000 (you can vary this just the way to want)

On Hitting Max Bet: Stop Betting

Do Not Refresh: Tick.

The problem is that it is easier than you think to lose several bets in a row and run out of betting money after you’ve doubled it all away. This is the reason why most casino games have a maximum bet limit.

Alternatively you can try this system on Edgeless.io where you can increase your chances of winning by playing the first Etherium 'Smart Contract' powered BlackJack with a House Edge of less than 0.05% (rather than the 5.00% on MULTIPLY BTC).

Scripts

Finally, if you have better things to do than visiting Freebitco.in every hour to collect your free Bitcoin, there are numerous scripts available online which will automate the process.

Visit FreeBitco.in

Found this interesting, it would mean a ton to me for you to share this with your LinkedIn contacts. Remember gambling can be addictive, play responsibly!

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About the Author:

Alan is an established leader within the iGaming space, with an excellent understanding of Product, Marketing and Operations. Over the years he has contributed to the success stories behind several established brands and startup ventures.

He is an innovative strategist who infuses fresh ideas and data driven automation into just about anything. Alan puts these talents to work enabling teams, identify new opportunities and realizing them through smart objectives and impactful solutions.

He has mastered the art of planning, budgeting and forecasting to guide big thinking into deliverables that achieve results. His passion for helping businesses develop across all aspects of the online gaming operation, flows through in the expert industry knowledge he provides. For no-nonsense business advice, reach out on: [email protected]