Hi! This is Ankarlie co-founder and Administrator of Coinfinty Raiblock Community Team. I am writing you this article to discuss a betting system that I learned from my cryptocurrency mentor. It gives the user of Freebitco.in a better chance of winning in its High and Low game. Although I have a very successful run using my betting system let me be clear that this is still Gambling and more often than not the designers or makers of this site made sure that they will have always have the edge. This system does NOT GUARANTEE that you will win each and every time. The only thing that this system does is increase your odds of winning. That being said let us begin.
This strategy guide aims to discuss the following:
1. Determine what mode of strategy to use.
2. What to do when you are winning.
3. How to manage your losses when you are in a losing streak.
4. How to break away from a cyclic lose-win loop and going nowhere.
5. When to take profit and When to stop.
Before we start our discussion on our strategy I would like to discuss first what it is or what I think it is. Freebitco.in is first, in my point view a highly organized and well thought off Online Free bitcoin wallet. It provides the same functionality as an online wallet which is: to receive, store or send bitcoin. It has the security features as well as better benefits than most online wallet as it gives rewards interest on your deposit daily.It also as super low transaction fees. Second, it is a free faucet site in which the user may get free bitcoin satoshis every hour. Third, it is a bitcoin multiplier by doing a simple game of High and Low. Fourth, it is an Affiliate program in which you are provided a referral link that you can market. Any referrals that signs up under your link and makes use of the bitcoin multiplier will earn you some satoshi bitcoins. Fifth and last it is a free mining site where you can use your own computer’s CPU to mine cryptocurrency. In addition to the ones mentioned, Freebitco.in also has rewards points and a lottery. These rewards points can be used in variety of ways like increasing rewards value per faucet claim or getting more lottery tickets that gives you more chances of winning the built in lottery.
(NOTE: THE FOLLOWING TWO PARAGRAPHS ARE FOR THOSE WHO ARE JUST STARTING. THOSE WHO HAS 500,000 SATOSHI AND ABOVE CAN SKIP THEM)
Now that we have an idea on what Freebitco.in is we will discuss how to start. For beginners we start using it as a free Faucet only. It is like any other faucet site that gives you Free satoshis every hour. You may try to use the multiplier but use it sparingly. Use a simple Martingale strategy to Multiply your rewards using min bet (1 sat) as your starting bet. Try to set your target winnings to double the amount you get from the faucet site.
e.g. if you get 70 sat try to multiply it and make it 140 sat.
Simple Martingale Strategy:
1. Start with a base bet in this case we use 1 satashi (bet 1).
2. Bet with a high or a low it does not matter.
3. If it wins you bet again with the same bet which is 1 sat (bet 2).
4. If it loses you double your bet to 2 sats (bet2).
5. If the 2nd bet wins you go back to your base bet which is 1 sat (bet 3)
6. If the 2nd bet loses then you double your again the bet to 4 sat (bet 3).
7. Do this cycle until you win your target winnings which is 140 sat.
Please do note that the starting bet is the one that determines how much we win each cycle in a winning bet. It is also important to note that you have very little winning chance if you have little amount of bitcoins in your wallet since this increases your bets exponentially. If you started with 70 satoshi in the wallet and your starting bet is 1 satoshi you can lose everything is a 5 losing streak.
We now start our discussion in the strategy proper. This strategy is only for those who has at least 500k (1,500 Pesos or $30) satoshi in their internal wallet in Freebitco.in. Again if you do not have at least 500k satoshi please just stick to the faucet claiming first until you reach 500k or if you have extra bitcoins put some bitcoin your internal wallet. All strategies we will employ here will assume that you have atleast 500k satoshi in you internal wallet.
The first thing we do is to determine what mode of strategy to use. Whether to use an aggressive mode (simple martingale) or normal mode of betting (3R4X modified martingale). We can do this by doing some sample bets. If you see a 50-50 occurrence of win streaks and lose streaks we can do the simple martingale strategy for a limited time period. If see a sudden surge of losing streaks of 5 above switch to the normal mode of betting which we call 3R4X bets which we will discuss later. Switching from one mode to another is important as a tool to recover fast lost bets or to break win-lose cyclic loop that gets you nowhere (more on that later).
The Simple Martingale strategy is not a complicated as it may sound. Let us consider we have 500k satoshi in our internal wallet . We start betting with 40 sat as our starting bet (Base bet). Every time we bet and win we bet the same amount which is 40 sat. Now if for instance we lose we double our bet in the next round. If we lose once again we double our bet again, doing this until such time that we win. When we win we reset our bet to our base bet or starting bet of 40 sat. To have a clearer view of what is happening please see the betting sequence below:
40 win, 40 win, 40 win, 40 lose, 80 lose, 160 lose, 320 win, 40 win, 40 win, 40 win, 40 lose, 80 win, 40 lose.
Flow chart of Simple Martingale
Please note that the number of bets you can make is directly proportional to the amount of bitcoins you currently hold in the bitcon internal wallet of Freebitco.in . In our case since we have 500k satoshi using the simple martingale we have about 12 chances before catastrophic lost.
The 3R4X is a modified martingale strategy. It sounds complicated but in reality it is not. Let us again consider we have 500k satoshi in our internal wallet. Similar to the simple martingale we always bet the starting bet or base bet (40 sat) in a winning streak. Now in a losing streak we manage our loses by employing the 3R4X strategy. 3R means, 3 repeats and 4x, means multiply by 4. In this strategy in a losing streak we place 3 consecutive similar bets. After 3 consecutive loses we multiply the base bet by four. Please see the betting sequence below:
40 win, 40 win, 40 lose, 40 lose, 40 lose, 160 lose, 160 lose, 160 lose, 640 win, 40 win , 40 win
As you can see above we only revert back to the base bet of 40 when we win RIGHT AFTER we multiplied the base bet by 4. Of course that is not always the case because we sometimes win at the second or third repeated bet. There is where complications occur and we have to employ different tactics remove ourselves in that situation.
Condition 1 win after first lost: 40 win, 40 win, 40 lose, 40 win
This just resets streak (does not affect your balance) In this condition you neither lose nor win anything. Just continue the 3R4X strategy you are using.
Condition 2 win after 2nd lost: 40 win, 40 win, 40 lose, 40 lose, 40 win You lose 40 sat
In this condition you just lost 40 sat you, may try to bet another 40 to cancel the lost or double your bet switching to simple martingale until you win.
Condition 3 win after first lost right after multiplying by 4:
40 win, 40 win, 40 lose, 40 lose, 40 lose, 160 lose, 160 win
You lose 120 sat in this condition. It happens when you win right after your first lose of the 4x bet. You can bet another 160 to actually win 40 satoshi since 160-120 is 40 or just take the lost and switch to Simple martingale to regain the lost 120 Sat. However this condition is dangerous since if you lose again this effectively reset a losing streak with your base bet at 160 satoshi. Freebitco.in site likes to do this: resetting streaks when you are on the higher base bets.
Condition 4 win after 2nd lost right after multiplying by 4:
40 win, 40 win, 40 lose, 40 lose, 40 lose, 160 lose, 160 lose, 160
Here you lose 280 sat. This condition happens because you have to take into account the loses you have incurred before multiplying the base bet by 4. You have three choices here: (a) Bet the same amount of 160 and lose only 120. (b) Double your next bet to win 40 sat (320-280=40) or (c) just take the lost and revert back to base bet of 40. In this case I recommend that you go back to 40 and just take the lost and switch to simple martingale strategy until you recover the 280 sat that was lost. Upon recovery of the 280 Sat lost go back to the 3R4X strategy.
We always like to go back to the 3R4X strategy because this gives us significantly more chances of winning than the simple martingale strategy. In a simple martingale strategy you can only survive 12 consecutive lost (given base bet is 40 satoshi with 500k satoshi in the wallet) while using 3R4X can survive a 20 consecutive losing streak.
It is important to remember that in 3R4X we always count the loses and we always count them in three’s before multiplying by 4.This is especially important when you are betting fast. There is a special condition in which results seem to be in a lose-win loop and you are going nowhere. When you encounter this you just try to weather the loop until you encounter two consecutive wins or loses. If you encounter two consecutive win and you are above base bet go back to the base bet. But If already in the base bet (40 sat) you do not need to do anything but to continue your bet. When you encounter two consecutive loses you employ either the simple martingale or 3R4X. However, if you are way above base bet it is recommended to just go back to base bet (40 sat) to reset betting cycle.
Flow chart of 3R4X Modified Martingale:
Now when do we stop or when do we take profit? Some of us find it hard to stop especially when we are in a winning streak only to find ourselves losing everything in the end. To avoid such scenario, before we start using the multiplier of Freebitco.in we should already have a target on what we want to achieve.
As stated above I view Freebitco.in as free bitcoin wallet where I can keep my bitcoins safely. They even provide an easy way of getting new versions of bitcoins during a Forking event. We can also multiply our Bitcoins by using the High and Low game using the strategy stated in this article. But and I cannot stress this enough We should set a goal so that we know when to stop or take profit if we plan to use this. I set a target of 10% daily. For an account that has 500,000 satoshi. that is 50,000 satoshi target winnings and I don’t try to win it in one sitting. I divide it to four 12,500 Satoshi target winnings, every betting session every after I get the free satoshi from the built in faucet. Using this target I can possibly double my bitcoins every 10 days.
Of course there are bad days where you keep on losing (more often than not). I have set my stop loss at 30%-40%. Meaning if I lost 30%-40% of my original balance I stop playing and try to multiplier after an hour or on another day. This usually happen at the 11th losing streak at simple martingale and 18th losing streak at 3R4X modified martingale. 
Now that we have a target (10% daily) and stop lost plan (lose of 30%-40%) we now know exactly what conditions when to stop. This begs us the question how fast we can get there. In reality we cannot say exactly since conditions differ from time to time but, we can speed up the process by changing the base bet. We like to change base bets from 40 sat to 400 sat at times. Here is why. If the target is set to 50k satoshi daily and we set 40 sat as our base bet then we need around 1250 wins daily before we can reach that target. Although setting the base bet to 40 gives us more chances of winning it also exposes us to the risk longer. Now take for example if we set the base bet at 400 sat. This means that we only need 125 wins to reach the daily target of 50k satoshi. Here is a quick comparison between the two (Assuming 500k Sat in the wallet):
As you can see above when using simple martingale it does not have much impact on the number of losing streak before reaching stop lost condition. For 40 satoshi you reach it at the 11th bet while a 400 satoshi starting bet or base bet you reach it at the 8th bet a mere 3 losing bets difference. On the other hand when using 3R4X modified martingale there is a 5 losing bets difference. In one of our practice betting session we were able to earn 100K satoshi in less than 30 minutes buy increasing the base bet from 40 sat to 400 sat using simple martingale strategy (We had 1M satoshi in the wallet).
Screenshot at 11.21 PM before starting Multiplier:
Screenshot 11:51 PM after starting multiplier : 
Increasing the base bet from 40 sat to 400 sat may seem to be a very enticing proposition but always remember that we formulated a betting system for the purpose of increasing the number of chances of winning by increasing the number of possible bets. Increasing the base bet does the reverse. It lowers the number of possible bets.
That concludes our discussion of our betting system. Let me end by summarizing the betting system that we have discussed.
1. We set the target winnings at 10% of our bitcoin we have in the internal wallet.
2. We don’t try to win in one sitting. 4 sessions with 2.5% Target earnings will do.
3. We set stop lost when we lost 30%-40% of our bitcoins
4. There are two methods we use to manage loses these are Simple martingale and 3R4X modified martingale. 5. We switch between the two methods whenever needed to break cyclic trends or for faster recovery of loses
6. Increasing base bets accelerates our earning rate but decreases the chances of winning.
ADDENDUM and OBSERVATION: ·
- The high and low game is not a simple 50-50 chance game. It is much of a strategy game much like chess. Here you manage losing streaks. ·
- The site adjusts the sequence of results depending on the strategy you use. This suggests that the site might be using a special kind of algorithm or artificial intelligence or learning software.
- We use Brave browser which has superior protection against trackers and markers and clear its cache before and after betting session.
- Always count your losses.
- Be wary of Winning streaks it is like fattening you up and getting you ready for the butcher.
- Beware once you see a cyclic lose-win loop the system is trying to increase your base bet or throw you off your strategy.
- The system takes advantage of emotions: enticing you to bet more in a winning streak or enrages you in a losing streak bet with no emotions.
- BET WHAT YOU CAN ONLY AFFORD TO LOSE
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