Topic: Poll: Are faucets actually good for Casinos? (Read 2224 times)
I am surprised it's so close voting between the freeloaders and 50/50's. Keep the votes coming the data could be valuable.
Faucet for casino is overall good for me. The only thing i dont like about it is people abusing faucets
If faucet is the right amount (not too small, not too big) it's good for casino. But, if it's to high players will take advantage of this and withdraw funds as soon as possible.
Agreed. The changes that were made to Primedice are proof of this. Primedice 3 used to offer 1,000+ satoshis per minute to semi-regular players. This was an increase from the old PD2 which only awarded something like 200-500 satoshis per minute. Eventually it was found that too many people were abusing the faucet so Stunna was forced to decrease the payouts, tighten up the rules for leveling up (since a higher level meant a higher faucet amount), and enforce a longer waiting period between claims. I'm sure that the faucet was one of the reasons why PD became so popular and much like traditional faucets, they can help newbies become familiar with the site before they graduate to "real" money, but PD3 was proof that a faucet that is too good just doesn't make good business sense.
I didn't vote because I didn't like any of the options but I'll tell you my opinion. Faucets are good in general for Casinos and any business trying to spur the development of Bitcoin as a viable currency. Faucets generate interest and spark learning about Bitcoin.
Also, there is no law mandating faucets so it's purely up to the business to have faucets or to not have faucets. Some casinos have faucets and some don't but it's not like the faucet is what makes the Casino.
Also, there is no law mandating faucets so it's purely up to the business to have faucets or to not have faucets. Some casinos have faucets and some don't but it's not like the faucet is what makes the Casino.
Faucet is very good for casino owner, it can attract new visitor to try their gambling site.
It also can make a lot potential new gambler which are starting from faucet.
I have experienced about this case. My friend is faucet hunter, only try to earn bitcoin for free from faucet.
One time he knows about faucet in bitcoin dice casino and start using that faucet.
He learn about that game and start gambling using faucet bonus as capital to gamble.
One day he won several times and withdraw good amount of bitcoin (compare to results from faucet
)
And for next day he start to use his own coin as capital to gamble there and lose many coins
Still curious about his luck, he start buying bitcoin from his money and gamble it on casino.
What's your guess? Happy Ending or Bad Ending?
It also can make a lot potential new gambler which are starting from faucet.
I have experienced about this case. My friend is faucet hunter, only try to earn bitcoin for free from faucet.
One time he knows about faucet in bitcoin dice casino and start using that faucet.
He learn about that game and start gambling using faucet bonus as capital to gamble.
One day he won several times and withdraw good amount of bitcoin (compare to results from faucet
)And for next day he start to use his own coin as capital to gamble there and lose many coins
Still curious about his luck, he start buying bitcoin from his money and gamble it on casino.
What's your guess? Happy Ending or Bad Ending?
Yes that was my point, people is greedy and they will eventually lose everything even if they won it from free faucet. But a Faucet Hunter is a interesting thing, you can register on 4-5 different casinos that use faucets and use a fast strategy like betting everything on 50% 10 times or betting 1/4 on 5% something that would make you win a lot with really low chances, if you are lucky you could actually benefit from this
Faucet is very good for casino owner, it can attract new visitor to try their gambling site.
It also can make a lot potential new gambler which are starting from faucet.
I have experienced about this case. My friend is faucet hunter, only try to earn bitcoin for free from faucet.
One time he knows about faucet in bitcoin dice casino and start using that faucet.
He learn about that game and start gambling using faucet bonus as capital to gamble.
One day he won several times and withdraw good amount of bitcoin (compare to results from faucet )
And for next day he start to use his own coin as capital to gamble there and lose many coins
Still curious about his luck, he start buying bitcoin from his money and gamble it on casino.
What's your guess? Happy Ending or Bad Ending?
It also can make a lot potential new gambler which are starting from faucet.
I have experienced about this case. My friend is faucet hunter, only try to earn bitcoin for free from faucet.
One time he knows about faucet in bitcoin dice casino and start using that faucet.
He learn about that game and start gambling using faucet bonus as capital to gamble.
One day he won several times and withdraw good amount of bitcoin (compare to results from faucet
)And for next day he start to use his own coin as capital to gamble there and lose many coins
Still curious about his luck, he start buying bitcoin from his money and gamble it on casino.
What's your guess? Happy Ending or Bad Ending?
Its highly unlikely that you would be able to win big amounts of money from a faucet of 2000 satoshis for example, most people would lose before reaching 0.01 and even if you reach it most people would greed and end up loosing anyways so im pretty sure the casinos do not lose almost any money with faucets
Casino faucets should have a high verification level, so people don't use bots to abuse the faucet system. If so, the faucet is good for the casino and the players!
Solvemedia it is, high verification level + site owners can earn from it
I would say that is good because it gives you the chance to experiment with the site without having to deposit. Then if you like it you can go on and deposit. On the other hand a lot of people trying to abuse it which sucks but there are things to do to avoid it. Overall I'd say faucet has more positive aspects than negative.
Casino faucets should have a high verification level, so people don't use bots to abuse the faucet system. If so, the faucet is good for the casino and the players!
Agreed. If they had a more complex verification for the faucet, they would likely increase the amount you would be able to claim from it too which would be a win win.
I think the increase will be minimal at best wouldn't it? The thing is with casino faucets i really don't see the need for them, yeh you get to try out the site but most of the time, if you have gone that far to use the faucet you would go that little further and deposit a few satoshi. I voted hurts for that reason to many freeloaders, while you give people free satoshi that could be spent giving better first deposit deals and lower requirements.
Casino faucets should have a high verification level, so people don't use bots to abuse the faucet system. If so, the faucet is good for the casino and the players!
Agreed. If they had a more complex verification for the faucet, they would likely increase the amount you would be able to claim from it too which would be a win win.
Casino faucets should have a high verification level, so people don't use bots to abuse the faucet system. If so, the faucet is good for the casino and the players!
If faucet is the right amount (not too small, not too big) it's good for casino. But, if it's to high players will take advantage of this and withdraw funds as soon as possible.
They're good because they keep people playing on the site and some of the faucet users when they like the site deposit their own funds to play. Chat and Faucet are two very important components of the casino, so even if a player is having a bad day, he'll still stay on the site and keep playing with faucet while talking to other gamblers.
Faucets are good for casino as it attracts people to try out the site using 'free' money.
More people will deposit btc to bet which generates profit from the house.
or people will just keep on trying to hit the high outcome bets with a faucet and abuse it every time its available, or even worse do it with vpns and stuff, if people would really want to try it out they would just deposit a small amount and check if its worth playing or not More people will deposit btc to bet which generates profit from the house.
You never know, when someone might strike it lucky and get into some money. {The bad characters being referred to here}
They might not have had money before, and they used these faucets to play.. either for fun or to try it out.
If you did not provide a faucet, these people might not have "tested" your site before and they would play somewhere else.
If physical casino's turned their back on "bad characters" they would have gone bankrupt long ago.. Just go to any casino and see who supports them most .... Poor people and old people. {Those with little or no chance of making it big, with what they have got... and then they become desperate and turn to luck to increase their chances}
We sometimes go there, to watch the people.... it's actually pretty sad to see... but I guess some do succeed or they enjoy the entertainment.
They might not have had money before, and they used these faucets to play.. either for fun or to try it out.
If you did not provide a faucet, these people might not have "tested" your site before and they would play somewhere else.
If physical casino's turned their back on "bad characters" they would have gone bankrupt long ago.. Just go to any casino and see who supports them most .... Poor people and old people. {Those with little or no chance of making it big, with what they have got... and then they become desperate and turn to luck to increase their chances}
We sometimes go there, to watch the people.... it's actually pretty sad to see... but I guess some do succeed or they enjoy the entertainment.
Faucets are good for casino as it attracts people to try out the site using 'free' money.
More people will deposit btc to bet which generates profit from the house.
More people will deposit btc to bet which generates profit from the house.
Just like the poll says, if you want to explain your vote please do but leave out site endorsements.
Yes because the sites control the faucet abusers and it gives some people the chance to play with real money to test the site exactly as if they deposit. Bitcoin is perfect to gift people micro amounts.
I wonder if all the faucet supporters would be so supportive if a faucet was just play money vs. Bits of btc. Assuming they just want to try a site then they don't need actual money to do this.
Perhaps not. It will not be as thrilling as to use a few satoshis to hit up the high multiplier. The reason that faucet lickers still doing this is that to gain some amount from the free faucet and trying to hit high multiplier with it.
Although I wouldnt say many were actually success but yet it doesnt seem to hurt the sites especially if they sites is well established with quite a lot of BTC wagered daily
Just like the poll says, if you want to explain your vote please do but leave out site endorsements.
I only vote for faucet to test the site but i dont like it for people abusing it looking for free money.
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