Just want to remind everyone. We reached another Bitcoin ATH today, it won't be long before every faucet will be adjusted accordingly.
I expect that soon faucet rewards will be limited to 50 satoshis per claim or even less.
Even currently I find it hard to try to play with faucets with a hope you will make enough BTC to be able to withdraw your prize.
I think that most faucets will be removed completely.
In the past whenever Bitcoin hit a new high the faucets were little changed.
The reason why they are getting reduced or eliminated is due to abuse. Surprising during the last few Bitcoin bubbles there weren't the same abuses as there are now.
Most likely its one individual or group of individuals that abuses all these dice sites for their free faucets.
I don't know about them getting removed because of the prices, I really doubt that Crypto-Games is going to remove their faucet.
People still need to level up to get high faucet claims, which is partially based on how much they've wagered in BTC.
The regular faucets without any casino attached will probably disappear, I doubt that their income from advertisements covers their costs.
Yes, it's not easy to upgrade the faucet there, you need to wage many Bitcoins, you need to login for many days, you need to invest many Bitcoins, receive comission from referrals... I personally think the hardest part is to earn comission from referrals.
But I think someday they will reduce the faucet rewards, because BTC price will increase too much.
Basically if you think back to 2009-2010 when Bitcoin was completely useless, the core devs wanted to make it useful and they started website where you could get some BTC from a faucet.
I remember there was one that get you like 1 BTC per day per IP address. All you had to do was use a proxy or just reboot your ISP to get a new IP and you could get another 1 BTC from the faucet. This was when BTC had a value of like 1500 BTC per $1 or so.
Then when dice sites came up they wanted a similiar idea and it just grew in popularity, however they didn't expect BTC to go up so fast that it would lead to faucets abuse. This wasn't an issue in 2009 because the value was very low or worthless.
So that's why many sites still have faucets to keep up with the Bitcoin tradition however most will remove it and replace it with play demo money instead.