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Topic: Poll: Are faucets actually good for Casinos? (Read 2225 times)

hero member
Activity: 560
Merit: 500
I am surprised it's so close voting between the freeloaders and 50/50's. Keep the votes coming the data could be valuable.
member
Activity: 96
Merit: 10
Faucet for casino is overall good for me. The only thing i dont like about it is people abusing faucets
sr. member
Activity: 406
Merit: 250
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.
legendary
Activity: 2296
Merit: 1031
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. 
hero member
Activity: 1064
Merit: 505
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 Cheesy )

And for next day he start to use his own coin as capital to gamble there and lose many coins Sad

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? Cheesy

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
hero member
Activity: 644
Merit: 500
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 Cheesy )

And for next day he start to use his own coin as capital to gamble there and lose many coins Sad

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? Cheesy
hero member
Activity: 1064
Merit: 505
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
newbie
Activity: 42
Merit: 0
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
hero member
Activity: 546
Merit: 500
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.
sr. member
Activity: 350
Merit: 250
'Slow and steady wins the race'
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.
sr. member
Activity: 462
Merit: 250
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.
legendary
Activity: 1064
Merit: 1000
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!
sr. member
Activity: 258
Merit: 250
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.
hero member
Activity: 672
Merit: 502
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.
full member
Activity: 238
Merit: 100
★YoBit.Net★ 200+ Coins Exchange & Dice
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
legendary
Activity: 1904
Merit: 1074
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.  Sad
legendary
Activity: 1344
Merit: 1000
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.
legendary
Activity: 812
Merit: 1000
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.
legendary
Activity: 2562
Merit: 1414
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
newbie
Activity: 42
Merit: 0
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.
hero member
Activity: 501
Merit: 500
Just like the poll says, if you want to explain your vote please do but leave out site endorsements.

I find it hard to make a vote, I chose both good and bad because no options I felt fitted. Faucets are good for newbies to learn about bitcoin and how it works without risking nothing but time in the process. Faucets on gambling sites I think are a waste of time for both the site and the user it doesn't benefit anyone imho. Dadice does have a half decent faucet where you level up but still a waste of time.
hero member
Activity: 728
Merit: 500
Faucets are very good for any site in my opinion.Faucets give everyone easy access to test the betting system of any site.I personally do not deposit without having tested any site.Faucets should be used to test not to make money as some players abuse of it.
member
Activity: 64
Merit: 10
Faucets are great for the casino because they draw newbies in and they often get hooked on gambling. It's offering something addictive for free. They usually end up betting their own money eventually and losing but even if they don't the casino is still attracting more hits to their website and players rarely win enough to cash out so its free or very cheap advertising at the end of the day.
hero member
Activity: 896
Merit: 1000
A built-in faucet can attract lots of players to your site, It may make the site looks popular, but most of the player will just play with the faucet.
IMHO, it is better to lower the house edge or offer some deposit bonus with rollover to attract the real gamblers.
hero member
Activity: 658
Merit: 500
theres no point in free faucet on casinos, if people want to try it out the owner could just do the demo version, or freeplay with credits or something like that
hero member
Activity: 896
Merit: 1000
I gave vote for option three but my complete answer will be here to be more clear. Instead of faucet there should be timely free rolls or no deposit bonuses for casino players.I will second as someone early said overall faucets not good for casinos.

+1. I picked Faucets do both good and bad for the industry. since while they offer a simple, free, way to test the workings of a dice site before putting into the said site real BTC; faucets are frequently misunderstood by players as a way to farm online casino for free money. I cannot see however any betterment with timely free rolls, or no deposit bonuses for casino players.

i also voted for Faucets do both good and bad for the industry. some freerolls or no deposit bonus is more better option than put faucet on regular basis, only few people dependent on faucet and use that great service just to farm it instead of playing there.
sr. member
Activity: 322
Merit: 250
https://dadice.com | Click my signature to join!
I gave vote for option three but my complete answer will be here to be more clear. Instead of faucet there should be timely free rolls or no deposit bonuses for casino players.I will second as someone early said overall faucets not good for casinos.

+1. I picked Faucets do both good and bad for the industry. since while they offer a simple, free, way to test the workings of a dice site before putting into the said site real BTC; faucets are frequently misunderstood by players as a way to farm online casino for free money. I cannot see however any betterment with timely free rolls, or no deposit bonuses for casino players.
legendary
Activity: 1008
Merit: 1000
i voted for yes i think faucet is good option for new users to test that service for free to make before deposit if they are satisfied and think that casino offering great services than surely will make deposit to play with big money.
legendary
Activity: 1876
Merit: 1005
I gave vote for option three but my complete answer will be here to be more clear. Instead of faucet there should be timely free rolls or no deposit bonuses for casino players.I will second as someone early said overall faucets not good for casinos.
legendary
Activity: 1862
Merit: 1015
If you need something to attract then faucet is the good option. With faucet , people will start betting and try to verify valid a bet before deposit the real money into the site. Faucet also increasing the site traffic  Smiley So it's good for both side ( the site owner and the bettor )
elm
legendary
Activity: 1050
Merit: 1000
I would strongly prefer deposit bonuses as the house. Faucets doesn't help you keep customers or create cash flow.

This.  Plus people that use faucets to gamble are much more unlikely to actually deposit money and play.

These are my thoughts as well. 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.

My worry is faucets are creating a userbase of people just looking for hand outs vs. supporting the bitcoin casino economy and development.

very good point! play money is enough to test any game.
sr. member
Activity: 462
Merit: 250
I can draw your avatar!
A faucet or a giveaway is a good incentive to get new customers hooked. They try, lose it all or win some and then add funds from their wallets to enter and win back some more, only to lose it all in the end, it is a good strategy for the casinos to maintain a faucet or giveaway. Not so good for the gamblers, losing your money, be it of free will, is not good, being seduced by it might be a bit on the immoral side of life for me.
full member
Activity: 140
Merit: 100
Get Free Mobile Data http://get.kickbit.com/1/oexq
I would strongly prefer deposit bonuses as the house. Faucets doesn't help you keep customers or create cash flow.

This.  Plus people that use faucets to gamble are much more unlikely to actually deposit money and play.

These are my thoughts as well. 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.

My worry is faucets are creating a userbase of people just looking for hand outs vs. supporting the bitcoin casino economy and development.


Obviously there will be a group of people just looking for hand outs however the chances of reaching the payout limit is often times really low and the casino will not lose too much money overall from this
hero member
Activity: 560
Merit: 500
I would strongly prefer deposit bonuses as the house. Faucets doesn't help you keep customers or create cash flow.

This.  Plus people that use faucets to gamble are much more unlikely to actually deposit money and play.

These are my thoughts as well. 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.

My worry is faucets are creating a userbase of people just looking for hand outs vs. supporting the bitcoin casino economy and development.
full member
Activity: 140
Merit: 100
Get Free Mobile Data http://get.kickbit.com/1/oexq
Faucets are great for casinos!
They allow potential customers to get hooked up plus a person is very unlikely to win anything from a faucet since the odds always favor the house
hero member
Activity: 812
Merit: 1000
I think Faucets are good for Casinos. It lets people who have not played at a casino test it without depositing anything and basically it keeps good cheap traffic coming to a site, which you'll see that sites who don't have faucets do struggle for. I don't think a lot of people are able to make something out of faucet funds, so whatever they claim they end up giving it back by gambling with it.

And some sites like PD have faucets which gets increased as a player achieves a wagering requirement and it helps the site differentiate  real players from freeloaders.
full member
Activity: 154
Merit: 100
That Darn Cat
I would strongly prefer deposit bonuses as the house. Faucets doesn't help you keep customers or create cash flow.

This.  Plus people that use faucets to gamble are much more unlikely to actually deposit money and play.
hero member
Activity: 840
Merit: 1000
I vote for the first one, I like faucet, I have turned hundreds of faucet to 0.001+ btc, so it's a good try for the new sites, my dadice faucet is 7500 sat now, i have rolled on dadice for 1 and half month, and finally my faucet is strong now, not easy to increased my faucet.

I don't think faucet is bad for site, site owners can attract more users, and it's difficult to withdraw(generally 0.001btc withdrawal limit) from the 200-500 sat faucet if don't deposit.
hero member
Activity: 742
Merit: 502
Circa 2010
Just like the poll says, if you want to explain your vote please do but leave out site endorsements.

They're good for both the site user and the owner in all honesty. It's the same reason you'll see casinos and poker rooms offer bonuses and promotions - it helps to bring in new customers and maintain a userbase (even if they are only freerolling). Hopefully, you'll eventually convert them into a paying customer. In the meantime though, you can expect to lose a bit due to your faucet - but just as promotions have rules that minimise their losses (i.e. minimum number of bets, rollover etc), dice sites have minimum cashouts which tend to reduce how much they lose.
legendary
Activity: 1078
Merit: 1024
I would strongly prefer deposit bonuses as the house. Faucets doesn't help you keep customers or create cash flow.
sr. member
Activity: 448
Merit: 250


I didn't vote because you didn't provide the answer I might give.

Faucets didn't ever pay me anything ever, though I tried on numerous occasions,

they wasted my time every time, so faucets are a total waste of time.

sr. member
Activity: 294
Merit: 250
Faucet is good because customers will experienced playing the site without risking anything other than their time. In the long run hopefully the users will be addicted playing and deposit bitcoins.

hero member
Activity: 854
Merit: 1000
Of course are good!
Faucets help to test the site to users who are not decided and don't want to deposit before testing the games
legendary
Activity: 2562
Merit: 1414
The downside is that it often seems to create a "beggar" culture on the site. 

AFAIK the begging behaviour isnt caused by faucet, most likely human nature of wanting something for free after seeing someone getting tipped on the site. This begging behaviour is also differ according to the mentality of each players. If the site enforce the rule of no begging strongly then this begging things wont occur often
legendary
Activity: 1022
Merit: 1000
Faucets are basically advertising for the site.  As long as the operator can avoid having it be botted, no mean feat, then players using the faucet provide some minimum level of activity and can populate the site's chat room.  I can see how this has some advantages.

The downside is that it often seems to create a "beggar" culture on the site.  I was a primedice faucet fan for awhile, but PD's chat has gotten a bit out of hand.

It seems a one time bonus or match play can be just as good as a faucet for promotional purposes.

Good Luck!
legendary
Activity: 1736
Merit: 1029
It would be an obvious "good and bad" for me.  Like everything in life, there is balance. Tongue  There are people that got into bitcoin because of these free faucets.  There are others that just took a couple cents and left.  Whichever, IMHO it is 50/50.
legendary
Activity: 2436
Merit: 1804
guess who's back
Faucets are really good for testing the site
it could be really small money to test the site

but yes it may harm the site if the faucet gives really huge money
this will attract mainly freeloaders
hero member
Activity: 558
Merit: 500
i like to have free roll more than free faucet, also every free money can being withdraw with a very low wage. Lol
hero member
Activity: 511
Merit: 500
A faucet I believe is a great idea if your interested in testing out a new casino or dice site to see if you enjoy the site enough to make a deposit. However not the best if your trying to make profit using a faucet.
sr. member
Activity: 280
Merit: 250
No dont use faucet for casino,. Because in my experience sometime free faucet in casino can make great llag/delay/error if i open casiono site from mobile..
hero member
Activity: 560
Merit: 500
Just like the poll says, if you want to explain your vote please do but leave out site endorsements.




Any options for 50 50 vote? perhaps you should add that. Good as in because people can test the site without having to deposit some amount. This only applied to a new site though there are many faucet lickers as well in a top dice sites.
Anyway the faucets amount are quite low, considering the trouble to get it into the minimum withdrawal needed for the sites, it will be not an option to say that it drains the casino.

P.S : Not everyone is lucky enough to win huge from just faucet
Added 50/50 for you. Regarding the drain I should clarify that I'm speaking in terms of server resources.
legendary
Activity: 2562
Merit: 1414
Just like the poll says, if you want to explain your vote please do but leave out site endorsements.

Any options for 50 50 vote? perhaps you should add that. Good as in because people can test the site without having to deposit some amount. This only applied to a new site though there are many faucet lickers as well in a top dice sites.
Anyway the faucets amount are quite low, considering the trouble to get it into the minimum withdrawal needed for the sites, it will be not an option to say that it drains the casino.

P.S : Not everyone is lucky enough to win huge from just faucet
hero member
Activity: 560
Merit: 500
Just like the poll says, if you want to explain your vote please do but leave out site endorsements.
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