This is not at all risky and really helped me to collect Bitcoin. But regarding betting I am still in doubt, even though I've
watched the video over and over again I'm still doubtful. I better just bet manually for now.
Perhaps, you are abusing the faucet (just kidding). I find this a great tool to save time, especially for the solid users of freebitcoin to acquire bitcoins from faucets since free bitcoins are only available every hour. To make it efficient, you can always turn on your pc to claim even if you are doing some other stuffs. And it was just like giving you an infinite amounts to play and test your luck.
On the other hand, I don't think the scripts for automated betting will be that good, because it will test how random freebitcoin's outcomes is. If so, there's no way you can win with 100% chance using bots.