The site looks good but I've heard about it being a scam. Some people say they recieved payment (low one). And some guys who earned 0.01+ say they didn't recieve the payment. You can see the complaints right here:
https://netbusinessrating.com/en/review-10532-freebitcoin. The OP doesn't have negative trust, the thread itself is quite big here, so can somebody tell me is it a scam or not? Thank you.
i never heard freebitco.in scam people since they are started from 2013. They are the longest and trusted for faucet site (for me), so i doubt if they ever did that (scam).
But, i have no idea how the pick the winner from their weekly lottery, and their House Edge (5%) is too high.
Okay, maybe you are right but why are people writing other thigs on the site to which I gave link previously? "freebitco.in is a Scammer page
The "provably fair" algorithm does not even exist!" and "Biggest Scam. They have stole my 0.01559201 BTC. May be they are paying regularly to small earner."?
Well, anyway, I've signed up here and I'll try playing.
Good luck! You have a chance to win $200 in BTC on their FREE ROLLS but I advise you against playing HI-LO game on thier site. It has huge house edge, 5%, and maybe that's why everyone, including me, loses in that game. Generally it's a great site though, I even won $2 in BTC with their free rolls once.
Allow me to put it in better terms: HI-LO and the Lottery have worse odds than a lot of state lottery games with proportionately lower payout and there is a very shady winner base..
Most state lotteries are being audited by independent organizations as a requirement and some of the earnings are going to sponsored charities and non-profit organizations. I have even seen some good movies being funded by state lotteries to develop talent that would have gone unnoticed.
What is this site doing with it's profits from their lottery? They have no audit requirements and are completely anonymous. Why?
We could be funding ISIS or some Pedo network, and we will not even know it. < For the crazies out there, I am not saying this site is affiliated with ISIS or Pedo's... what I am saying is, we do not know where the money is going,
because this site is 100% anonymous. ~
Is this true? I thought a site can't be 100% anonymous if it's located in the Clear Web. Also I think the guy named wetsuit has something to do with the site because he has started this thread, he might be the owner even. So they are not 100% anonymous.
Who is Wetsuit? A anonymous user on a forum. Do you see any physical business address posted on their site? Do you know who the owner is? Do you know any of his or her employees working for this site? Is this site registered as a legal gambling operation and where is the license to operate?
Who registered the domain and is this linked to a physical address that can be linked to this site owner?
You will not find any answers to this, because it is not available. Most of these sites are not regulated and not registered as a business, so they are not paying taxes like the rest of us and they operate without a gambling license.
People conveniently forget about these things, because they get free handouts from the site and this practice is widely accepted, because everyone seems to be doing this.
Why would someone host a provably fair lottery, if they are not regulated and audited?
If you want to play the lottery, use the faucet income for that and write it off as entertainment and forget about winning anything, because there is no proof that it is in any way provably fair. ^grrrrrrrr^
(800 doges*21 satoshis = 16,8k satoshis)
