That's is correct. PUSH the gambling, cause all that it is, gambling. Send in money to a so called faucet and GAMBLE IT to supposedly get a higher award.
'so called' by you it would seem. Have you ever stopped to think what faucets are for? Those that are funded by advertising are paying you to be marketed at by viewing the adverts. Freebitco.in is paying to market the gambling services at you.
Oh and also PUSH holding a balance for a VERY small 4.08% annual interest rate, or roughly 0.34 % per month or 0.011% per day. Most traders can achieve a return much higher than a menial 0.34% on just about every trade.
Over 85% of traders lose money. Trading is an activity that requires time to perform whereas interest payments are a passive income. Comparing the two is a false equivalence. Tell me where you can get better than 4.08% PA as a passive guaranteed income?
To achieve an interest payout of .0007 per month, one would require a balance of over .2 btc. Again an average trader would reasonably expect his/her bitcoin to work much more efficiently for them. (.2 x 4.08%= .00816 per year / 12 = .00068/month). To achieve these lofty awards one must RISK their balance to obtain it.
Lie. The trader must risk their money but there is no requirement to gamble to receive interest. You can open an account deposit and just leave it there if you want and you'll get exactly the same interest as everyone else.
Kind of reminiscent of casino rewards points platform that are designed to encourage excessive and compulsive gambling.
Wow, casino uses tried and tested marketing strategies shocker. I bet you must be the first person to notice that.
If one wishes to park their bitcoin for a low interest return or simply seeking to gamble this may be a fine place for an individual. If you are seeking a faucet to grow your trading coin without sending in coin and most likely losing it this is truly a place to avoid, as you will likely never receive anything.
If you are seeking 'a faucet to grow your trading coin' you need to step out of cloud cuckoo land.
I have personally played many dice games over the years. Every single one has claimed provably fair, but when you played them you found out that they are not at all. All are prone to excessive, unnatural and statistically improbable losing streaks, and all claim that you are just unlucky, while they rake in your coin.
To be clear I am not identifying this as a scam.
Of course you're not calling it a scam you're just displaying your ignorance. Provably fair mean you can prove it TO YOURSELF. However when faced with the reality that improbable sequences do occur it's easier just think it was unfair than to actually check it.
I have received small payouts in the past. However this is no longer a faucet, and pretending to be one when it is a dice game is misleading.
Unlike every other gambling site, freebitco.in will allow you just to claim the faucet whatever your balance and never gamble if you wish. It isn't pretending to be anything other than a gambling site with a faucet. Maybe you built up some perception of it in your own mind and mislead yourself.