Paid to gamble - page 4. | Bitcointalksearch.org

BTCevo

legendary

Activity: 1834

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Quote from: barbara44 on January 20, 2016, 08:43:48 AM

I think free faucet is not free because you are spending your time to earn that money.

Yeah you spending on something waste. The payout and the time you spend is not worth enough, better to try something good like signature campaign, the lowest payout from signature campaign will still better from any faucets in this world

mexicantarget

legendary

Activity: 1652

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Cypherpunk (& cyberpunk)

Quote from: barbara44 on January 20, 2016, 08:52:10 AM

Quote from: sishendaoye on January 20, 2016, 08:48:38 AM

Quote from: barbara44 on January 20, 2016, 08:43:48 AM

I think free faucet is not free because you are spending your time to earn that money.

Some of it is literally only 3 clicks away. You put little effort in it. I believe that as long as you are not spending your own money on a gamble, it's not really a gamble.
Even though technically it is a gamble without any risks.

yes I think same too, because there is no risk, but still saying paid to gamble is wrong.

But you are getting paid from the faucet to

a) Use casino games
b) Withdraw your coins when you hit your threshold

barbara44

hero member

Activity: 2548

Merit: 605

Quote from: sishendaoye on January 20, 2016, 08:48:38 AM

Quote from: barbara44 on January 20, 2016, 08:43:48 AM

I think free faucet is not free because you are spending your time to earn that money.

Some of it is literally only 3 clicks away. You put little effort in it. I believe that as long as you are not spending your own money on a gamble, it's not really a gamble.
Even though technically it is a gamble without any risks.

yes I think same too, because there is no risk, but still saying paid to gamble is wrong.

sishendaoye

sr. member

Activity: 434

Merit: 250

Quote from: barbara44 on January 20, 2016, 08:43:48 AM

I think free faucet is not free because you are spending your time to earn that money.

Some of it is literally only 3 clicks away. You put little effort in it. I believe that as long as you are not spending your own money on a gamble, it's not really a gamble.
Even though technically it is a gamble without any risks.

barbara44

hero member

Activity: 2548

Merit: 605

I think free faucet is not free because you are spending your time to earn that money.

Anmol_Verma

member

Activity: 112

Merit: 10

Quote from: mexicantarget on January 12, 2016, 04:57:41 AM

If you're getting free coins from a faucet, and that site has a casino, which DOESN'T allow you to deposit ANY funds, is it considered as gambling if you use/play any of those games?

Been trying to figure out this thing for a week, but there's so much contradiction for both answers, so I am not sure how to pick "the right" answer, if there is one.

EDIT: I'm talking about the site in my signature.

Nah that's not gambling as you are not risking any money from your pockets.but that free faucet money will make you addicted in the long time if you kept gambling and chances are you will end up depositing money in the casino for gambling then that will be real gamble.

michinzx

sr. member

Activity: 364

Merit: 250

Quote from: Astargath on January 19, 2016, 09:37:11 AM

Quote from: michinzx on January 18, 2016, 01:33:42 PM

Quote from: Astargath on January 17, 2016, 01:06:12 PM

Quote from: mexicantarget on January 17, 2016, 11:19:39 AM

Quote from: Astargath on January 17, 2016, 09:24:25 AM

Quote from: mexicantarget on January 17, 2016, 07:57:13 AM

Quote from: BTCevo on January 17, 2016, 05:14:44 AM

Quote from: Dennis7777 on January 16, 2016, 02:26:37 AM

Quote from: Blithe on January 15, 2016, 10:32:51 PM

It still puts the gambling addiction in you. So later in the future you will be more likely to deposit and play.

Well, OP already said his site does not allow users to deposit and also will never allow deposits. BTW, I do agree with the others that the site should be classified as a gambling site, as it is pretty much like someone going to PD and only playing with the faucet money.

Yeah in the end you will get ban from them because of abuse their faucet. Btw if deposit is never allow on this site I dont think it will never called gambling then because you dont really use your money to do things just like faucet that give you 500 sat each hour or something like that

Why would I ban someone?

Isn't it normal that someone who "abuses" (by using bots/multiple accounts) gets banned?

Quote from: Daijess on January 17, 2016, 07:54:48 AM

This is just like those app on game store , free digital money for you to play and you can buy free digital money with real money ..

We don't sell any credits.

I tried it and it's really cool but as people level up and are able to bet more, won't you end up loosing way too much money? I mean I know you have ad revenue but it's not going to be enough, I still feel like there is some kind of trick that you are not telling people.

I am good at creating demand for products, that's all.
There's no tricks here. Everything is legit

I'm going to add more games, which means more people will be coming on the site. That means more ad revenue (and faucet balance).

Hmm, yes but I, for example, have used the faucet and played the game for an a hour and I was able to make almost 5000 credits and that's only using 1 credit as initial bet, I can't imagine what would happen when someone can bet more, he could use a bot and get a net profit of 20k-50k per hour depending on luck and initial bet, I don't see how you are going to be able to cope with that but hey if you can, congratulations. As I said the site is pretty cool because of the +EV games.

put into perspective, thats at most 20 cents an hour, which is completely not worth the time and effort that might have been put into it and a complete waste of time imo. its funny how even then, a lot of people will claim playing with the faucet is profitable and "worth the time" no matter what because it enables them to gamble.

Well if he can detect botters then no it's not going to be worth it, obviously but 20 cents an hour are 4.8 dollars a day which is 144 dollars a month, thats for 1 user only, it's not a huge amount of money but you can see why it can be a problem if a lot of users do it, right?

thats not even guaranteed though, keep in mind that gambling is completely random, and the bot would have to manually withdraw and take out any fees that come with withdrawing. in addition, take into account the electricity costs of keeping the computer running with the bot. chances are, youre spending more on keeping the computer running than youll make from doing that. its a waste of time.

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

Quote from: ajareselde on January 19, 2016, 07:04:46 PM

As per chat talk; you should add some explanation to the referral limits if there are some.
I don't see how sending hits to promoting your site can be a bad thing. A simple FAQ explaining limitations of referral system aint that hard to add.
btw i stopped promoting from that TE, if that helps.

cheers

It's all good, no worries. Google stats get messed a bit with TE, so I try to limit it.
Just don't want to get banned from AdSense, that's all.

There are no ref limits

Will add this in FAQ, thanks for the suggestion, appreciate it!

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

As per chat talk; you should add some explanation to the referral limits if there are some.
I don't see how sending hits to promoting your site can be a bad thing. A simple FAQ explaining limitations of referral system aint that hard to add.
btw i stopped promoting from that TE, if that helps.

cheers

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

Quote from: ajareselde on January 19, 2016, 05:42:26 PM

Quote from: mexicantarget on January 19, 2016, 04:58:55 PM

Quote from: buyinbtc on January 19, 2016, 03:52:47 PM

no one is paying for you to gamble, thats just a bonus that everyone can get in order to try the website out, i doubt that you will have enough success to complete the wagering requirements

Paid around $5 to users so far, made around $70 from ad networks.

With 14x difference between income and expences, have you considered increasing amount of credits per claim ?
Right now it's really low (financial-wised), even tho the site is kinda interesting to play at.
Looking forward to the new game being added, cheers

Hey, glad you enjoy the game/site.

Unfortunately, this is the start, so I'm not sure how much site will be earning in the near future, so I can't increase any payouts yet.
Will need to see what happens when it's stabilized, then I can increase faucet payouts in order to attract more people.

Thanks for your kind words, appreciate it.

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: mexicantarget on January 19, 2016, 04:58:55 PM

Quote from: buyinbtc on January 19, 2016, 03:52:47 PM

no one is paying for you to gamble, thats just a bonus that everyone can get in order to try the website out, i doubt that you will have enough success to complete the wagering requirements

Paid around $5 to users so far, made around $70 from ad networks.

With 14x difference between income and expences, have you considered increasing amount of credits per claim ?
Right now it's really low (financial-wised), even tho the site is kinda interesting to play at.
Looking forward to the new game being added, cheers

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

Quote from: buyinbtc on January 19, 2016, 03:52:47 PM

no one is paying for you to gamble, thats just a bonus that everyone can get in order to try the website out, i doubt that you will have enough success to complete the wagering requirements

Paid around $5 to users so far, made around $70 from ad networks.

Quote from: Shogen on January 19, 2016, 04:15:37 PM

Quote from: vendetahome on January 19, 2016, 04:06:48 PM

i wish you good luck with your sports bets, but i think you will not earn enough money to withdraw, im curious if you will make any money all in all, not even talking about withdrawing

Huh sports bets? What are you talking about? OP's site is not about sports betting but has a slot game only.

Post farmer/sig spammer.

Gonna add 1 more game in the next 48 hours. Working on it like mad atm

Shogen

legendary

Activity: 966

Merit: 1001

Quote from: vendetahome on January 19, 2016, 04:06:48 PM

i wish you good luck with your sports bets, but i think you will not earn enough money to withdraw, im curious if you will make any money all in all, not even talking about withdrawing

Huh sports bets? What are you talking about? OP's site is not about sports betting but has a slot game only.

vendetahome

hero member

Activity: 658

Merit: 500

i wish you good luck with your sports bets, but i think you will not earn enough money to withdraw, im curious if you will make any money all in all, not even talking about withdrawing

buyinbtc

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CryptoTalk.Org - Get Paid for every Post!

no one is paying for you to gamble, thats just a bonus that everyone can get in order to try the website out, i doubt that you will have enough success to complete the wagering requirements

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: mexicantarget on January 19, 2016, 02:05:21 PM

Quote from: Buziss on January 19, 2016, 02:00:25 PM

Quote from: Supercrypt on January 19, 2016, 01:53:28 PM

Quote from: Nimbulan on January 18, 2016, 03:23:58 PM

you are not paid to gamble here, you just get a bonus that needs a lot of wagering in order to withdraw the money, though i wish you good luck trying to win enough

I dont think any rollover is required, or is it required for you to cashout the money ?
If so, then I would call a faucet where you can not cashout your money freely even when you worked hard.

It is not about rollover but about the minimum withdrawal limit. The min withdrawal is 10000 satoshi, and you can only get 80 satoshi every 5 minute by solving the captcha. So in order to make a withdrawal, you will need to keep on playing the slot game for a long period of time.

There are a few users who get 10k withdrawals every 4-6 hours.

of course there r tons of withdrawals cuz it is free, but if the pools can thin out the withdrawal den it is ok. so i think the owner will keep a close eyes on the facuets. these free earners also will be bring in more crowd since they r there for quite an amount of time so it is actually may be a gd stragety.

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

Quote from: Buziss on January 19, 2016, 02:00:25 PM

Quote from: Supercrypt on January 19, 2016, 01:53:28 PM

Quote from: Nimbulan on January 18, 2016, 03:23:58 PM

you are not paid to gamble here, you just get a bonus that needs a lot of wagering in order to withdraw the money, though i wish you good luck trying to win enough

I dont think any rollover is required, or is it required for you to cashout the money ?
If so, then I would call a faucet where you can not cashout your money freely even when you worked hard.

It is not about rollover but about the minimum withdrawal limit. The min withdrawal is 10000 satoshi, and you can only get 80 satoshi every 5 minute by solving the captcha. So in order to make a withdrawal, you will need to keep on playing the slot game for a long period of time.

There are a few users who get 10k withdrawals every 4-6 hours.

Buziss

hero member

Activity: 896

Merit: 1000

Quote from: Supercrypt on January 19, 2016, 01:53:28 PM

Quote from: Nimbulan on January 18, 2016, 03:23:58 PM

you are not paid to gamble here, you just get a bonus that needs a lot of wagering in order to withdraw the money, though i wish you good luck trying to win enough

I dont think any rollover is required, or is it required for you to cashout the money ?
If so, then I would call a faucet where you can not cashout your money freely even when you worked hard.

It is not about rollover but about the minimum withdrawal limit. The min withdrawal is 10000 satoshi, and you can only get 80 satoshi every 5 minute by solving the captcha. So in order to make a withdrawal, you will need to keep on playing the slot game for a long period of time.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: Nimbulan on January 18, 2016, 03:23:58 PM

you are not paid to gamble here, you just get a bonus that needs a lot of wagering in order to withdraw the money, though i wish you good luck trying to win enough

I dont think any rollover is required, or is it required for you to cashout the money ?
If so, then I would call a faucet where you can not cashout your money freely even when you worked hard.

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

Quote from: Astargath on January 19, 2016, 09:37:11 AM

Quote from: michinzx on January 18, 2016, 01:33:42 PM

Quote from: Astargath on January 17, 2016, 01:06:12 PM

Quote from: mexicantarget on January 17, 2016, 11:19:39 AM

Quote from: Astargath on January 17, 2016, 09:24:25 AM

Quote from: mexicantarget on January 17, 2016, 07:57:13 AM

Quote from: BTCevo on January 17, 2016, 05:14:44 AM

Quote from: Dennis7777 on January 16, 2016, 02:26:37 AM

Quote from: Blithe on January 15, 2016, 10:32:51 PM

It still puts the gambling addiction in you. So later in the future you will be more likely to deposit and play.

Well, OP already said his site does not allow users to deposit and also will never allow deposits. BTW, I do agree with the others that the site should be classified as a gambling site, as it is pretty much like someone going to PD and only playing with the faucet money.

Yeah in the end you will get ban from them because of abuse their faucet. Btw if deposit is never allow on this site I dont think it will never called gambling then because you dont really use your money to do things just like faucet that give you 500 sat each hour or something like that

Why would I ban someone?

Isn't it normal that someone who "abuses" (by using bots/multiple accounts) gets banned?

Quote from: Daijess on January 17, 2016, 07:54:48 AM

This is just like those app on game store , free digital money for you to play and you can buy free digital money with real money ..

We don't sell any credits.

I tried it and it's really cool but as people level up and are able to bet more, won't you end up loosing way too much money? I mean I know you have ad revenue but it's not going to be enough, I still feel like there is some kind of trick that you are not telling people.

I am good at creating demand for products, that's all.
There's no tricks here. Everything is legit

I'm going to add more games, which means more people will be coming on the site. That means more ad revenue (and faucet balance).

Hmm, yes but I, for example, have used the faucet and played the game for an a hour and I was able to make almost 5000 credits and that's only using 1 credit as initial bet, I can't imagine what would happen when someone can bet more, he could use a bot and get a net profit of 20k-50k per hour depending on luck and initial bet, I don't see how you are going to be able to cope with that but hey if you can, congratulations. As I said the site is pretty cool because of the +EV games.

put into perspective, thats at most 20 cents an hour, which is completely not worth the time and effort that might have been put into it and a complete waste of time imo. its funny how even then, a lot of people will claim playing with the faucet is profitable and "worth the time" no matter what because it enables them to gamble.

Well if he can detect botters then no it's not going to be worth it, obviously but 20 cents an hour are 4.8 dollars a day which is 144 dollars a month, thats for 1 user only, it's not a huge amount of money but you can see why it can be a problem if a lot of users do it, right?

I understand your point very well.

No, I'm not worried, because the math is more complicated to be honest. Not everyone spends the same amount of time on the site.
I've added some formulas which will help reduce expenses in the long term.

I'm also adding more games in the near future

Topic: Paid to gamble - page 4. (Read 6538 times)