FreeBitco Exposed — Can You Really Win Free Bitcoin? Read Reviews!
FreeBitco Review
FreeBitco.in is a Bitcoin faucet that offers a chance to win free bitcoins through a Hi-Lo game plus a weekly lottery. If you’re looking at how to earn free bitcoin, read further.
What Is FreeBitco.in?
FreeBitco offers what looks like two games. There is Hi-Lo where they say you can win up to $200 in bitcoins. They say you can win up to $200 in free bitcoins every hour and then in the same paragraph, FreeBitco says if you play this game, you can win up to 1 Bitcoin each time you play. Then there is a weekly lottery for prizes. Players get a 50% referral commission when they encouraged their friends, family, and others to play. There are a few websites where people are actually advertising for more players.
Is Jackpocket a scam or is it legit?
Who Can Participate?
Though there is no information on who can or cannot play, the very nature of bitcoins suggests that anyone can join the games. Bitcoin is a currency that is not based in any country or by any authority. The exchange rate floats though the current rate of exchange is 1 Bitcoin is worth US$ 2,282.23.
What Are the Prizes Offered by Free Bitcoin?
Playing FreeBitco.in’s Hi-Lo game wins you Bitcoins. There do appear to be prizes to be won in their weekly free lottery, but there is no information on what they are. Playing either is free.
Who Owns FreeBitco.in?
FreeBitco.in is owned by InterGlobal Limited, a company based in Belize. There is a snail mail address and email address, though don’t look to find this on their site. Well, it might show up once you register, but there is no “contact us” menu on their site. InterGlobal also owns a mirrored site called freedoge.co.in which is a duplicate platform for DOGECOINS. They are currently trading at 1,000 DOGECOINS.
What Are the Terms & Conditions?
Don’t look to find published Terms and Conditions at FreeBitco.in prior to registration. There aren’t any. There is a “Terms of Service” with three rules: do not use bots, don’t use rude language, and don’t create multiple accounts.
How to Collect a Prize?
FreeBitco.in has no information on how you collect your prize. Theoretically, getting your winnings should be pretty straightforward and simply credited to your account. But there is a heap of complaints online, where players say their wins were not credited. We’re also not sure whether you can transfer your Bitcoins somewhere else to purchase things or if this is locked to their site and advertisers.
FreeBitco.in Feedback and Complaints
Jumping around the web, it’s been a while since we come across so many negative comments. The loudest one was the rate of winning which estimated a potential win of $0.002 for each roll. This was qualified by the fact that if you did use the referral system and got lots of people to play, the amount would add up pretty fast. There were also comments on the fact the site had too many advertisements. I guess that’s how they stay in business.
Why You Should Register with FreeBitco
Pros:
Anyone Can Play
It’s Free
Simple Game of Hi-Lo
Why You Shouldn’t Register with FreeBitco
Cons:
No Terms & Conditions
No Info on How You Get Your Winnings
A Heap of Complaints
Is FreeBitco Legit?
It’s hard to say whether this is legit or not without registering and there was no way I was going to do it without more information. That and the fact, that there were more complaints than good reviews.
The combination of so many negative comments and the lack of published information prior to registration definitely put me off. Add to that the comments that a bunch of people (who must be better at math than I am) posted relating to the only way to really win here is by referrals hence getting a bunch of other people to play.
FreeBitco gets a thumbs down. This site seems more angled at getting you to engage in the world of Bitcoin than actually getting prizes and things.
Arimah
All you guys complaining, stop betting!! Stop using the multiply btc option. Use freebitco as a wallet and earn from referrals, daily interest, faucet. That’s all!! Don’t let greed get to you. Gambling always end up in sorrow.
Yes it’s rigged, the more reason to keep off from the gambling feature.
Exactly. Too many people came here to complain after they bet the farm on a game. I have 8000+ referrals after I bought the freebit.co.in domain name and redirected it to the referral link. 6000 on my account, and another 2000 on my daughter’s. I earned 0.9+ on my account from 6000. That’s from a $999 investment in the domain name, so it was all worth it. I am now trying to get a Google Play app approved for more referrals and will just redirect the domain to the google play page to get the users set up with my own app.
Dean Beith
There is a business in The BVI operating under the name of InterGlobal Ltd whose address is 3rd Floor, J & C Building, P.O. Box 933, Road Town, Tortola, the British Virgin Islands using the website of Freebitco.in which is purely an Internet Gambling Website. They use the name Freebitcoin and is known as operating as a free faucet to obtain a small amount of bitcoin for free. You can make claims on an hourly basis and with each claim a pop-up display stating you can multiply your Bitcoin up to 4750 times playing their provably fair Hi/Low game.
Reputable gambling sites block IP addresses where Internet Gambling is known to be Illegal. I have a dispute with them which I reached a dead end where they claimed their Gaming Console or Platform worked with 100% accuracy yet I have numerous screen prints of game logs which they have completely ignored where I can prove over 4 Million Satoshis which is known as fractional Bitcoin was lost.
They do not have a gaming license because they say that it’s not worth the paper it’s printed on and that anyone who will pay Curacao the fee can obtain one. I requested a complete audit be done on my account. Initially, they insulted my intelligence telling me to look words up in the dictionary to unnecessary name calling to vulgar emails of threats. I was humiliated by them in a public forum where I was pointing out how I unfairly lost Millions of Satoshis.
They have no terms of service and anyone with knowledge to operate a computer deserves the right to access their complete house advantage games. They place no age minimum on gambling either as my 14-year-old nephew lost nearly 2 Million Satoshis on a malfunction that they claimed was completely on his end yet they were able to fix it.
Last night he got into a heated argument demanding the return of monies lost on Jackpot bets he did not place and said he would report them to their Government authorities. They in turned made threats of reporting him to the Police for Blackmail. To add further insult to injury they blocked his account and he had two referrals with substantial balances that were also blocked and the funds on deposit were confiscated, downright stolen. So if Freebitcoin cannot steal your money from their house advantage game they will literally steal your money.
I had made promises of contacting you as well as the FBI in the U.S. and they told me I did not have what was required in my “Trousers” which you know what they meant, to carry out anything I claimed. It was reported that a lady from Russia lost large amounts of money to this site under their phone malfunction that they threatened to report her to her Government authorities for her participation in Illegal Internet Gambling when she demanded the return of bets she did not place.
Freebitcoin uses companies owned and operated in the U.S. to conduct their Illegal activities like Twitter to solicit wagers from U.S. residents, Cloudflare their hosting company to operate their site, as well as Facebook and Instagram for further solicitations of Illegal wagers from U.S. citizens.
I find it very interesting that they have no restrictions on who can gamble at their site allowing children to access their site, gamble, and lose money that may not be theirs to be betting. They turned my teenage nephew into a gambling addict. I as well as my nephew both tried to work with the unknown operators of Freebitcoin in an amicable manner and they are so dead set that they are right and we are wrong and actually give the impression that they are above the law.
Something clearly needs to be done here as they should not be allowed to get away with stealing peoples money as they did to me, my nephew, and his two friends. I read that Internet Gambling, as well as the operation of such a business, is Illegal in The BVI and like I said they have challenged me to do something and so I am reaching out for help here as about 15 cents in bitcoin worth about $750.00 USD is at stake here. I would like to see a return of these funds to my Coinbase wallet and I would be happy to disburse funds to the other 3 who were ripped off. It really seems strange how my nephew had a heated argument with Freebitcoin and his account and his two referrals all had their account blocked and the funds are now no longer accessible for withdrawal.
Karsten
People are saying it’s a scam because of the gambling feature. I think, however, that it is a very good site, as I am getting legit payouts, good faucet bonuses and referral bonuses. This is a great site, do not let anyone tell you that it is not, they are just stupid and lost it all while betting.
Aliii
Hi
I have invested 1 bitcoin and started to play. After 2 days suddenly I got 35 times lo in a row when I was betting on hi. What do you think 35 times in a row against your bet with odds 2.
I lost all of my money. don’t play there.
That sounds rather crazy that you thought spending 10K in bitcoin and using it to bet will get you further in life.
Non of your business
Waste of time….seriously….just go and play lottery probably you have the same chance to win…