question about gambling | Bitcointalksearch.org

Chrithu

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Quote from: Crossbow376 on May 09, 2014, 04:53:10 AM

Quote from: monbux on May 08, 2014, 09:39:06 PM

Also, the faucet is not worth it unless you have A LOT of time on your hands...

Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff.

So I take it you have to sit in front of the PC for hours for the free rolls??

Just kidding. I do not really see how the five seconds it costs to react to an alarm on a smartphone and entering a captcha is an utter waste of time. Free money is free money. And free money that according to the yay sayers will reach astronomic heights in value one day is even more free money.

And as far as the OP goes: You should look up the written law about gambling in your country and see the defininition of what is considered gambling and thus illegal and then see if that defintion fits on what happens on freebitco.in.

batmanbad

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Quote from: MightyBTC on May 10, 2014, 04:48:41 AM

I played at freebitco.in for a while but didn't win anything much yet, Is there any better way to get some satoshis for beginners?

Its super hard for me to win anything as well. Its literally peanuts for pay.

MightyBTC

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I played at freebitco.in for a while but didn't win anything much yet, Is there any better way to get some satoshis for beginners?

Tammy Chan

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Quote from: eatingtic on May 09, 2014, 06:12:23 PM

Quote from: CADguy on May 09, 2014, 06:05:14 PM

Quote from: Crossbow376 on May 09, 2014, 04:53:10 AM

Quote from: monbux on May 08, 2014, 09:39:06 PM

Also, the faucet is not worth it unless you have A LOT of time on your hands...

Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff.

yep, faucets are just a way to introduce people to bitcoin not to distribute actualy value

This is pretty spot on, "introduce" meaning not a serious amount.

IMO, it doesn't worth the time to collect payment from faucets, but it may make sense if you have the ability to get hundreds or thousands of referrals.

eatingtic

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Quote from: CADguy on May 09, 2014, 06:05:14 PM

Quote from: Crossbow376 on May 09, 2014, 04:53:10 AM

Quote from: monbux on May 08, 2014, 09:39:06 PM

Also, the faucet is not worth it unless you have A LOT of time on your hands...

Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff.

yep, faucets are just a way to introduce people to bitcoin not to distribute actualy value

This is pretty spot on, "introduce" meaning not a serious amount.

CADguy

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Quote from: Crossbow376 on May 09, 2014, 04:53:10 AM

Quote from: monbux on May 08, 2014, 09:39:06 PM

Also, the faucet is not worth it unless you have A LOT of time on your hands...

Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff.

yep, faucets are just a way to introduce people to bitcoin not to distribute actualy value

Kprawn

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Well I also "played" on that site, and won some coins.

A while ago, I won one of the "jackpots" in the "free" section and it added 0.00060000 BTC to my earnings. {That is equel to a few cents}

I did not think it was possible to win any of these jackpots... just thought it was a "carrot" for your greed. Grin

And it does pay out, but it's miniscule.

If in theory, you do win the big jackpot, which i doubt, you could win +/- $ 1000 worth in BTC.

If you play only with your "free" roll earnings, you not paying anything.

Earnings from hourly "roll of dice" is +/- 0.00000448 {So if you never sleep and roll every hour, and win no jackpots} Daily earning is
0.00005376 BTC and that = +/- 0.02 {USD} per day at today's rate.

Good luck.. Hope you win millions of BTC.

Hope my calculations are correct.

Crossbow376

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Quote from: monbux on May 08, 2014, 09:39:06 PM

Also, the faucet is not worth it unless you have A LOT of time on your hands...

Even if you have a lot of time, you could have spent it on other more meaningful / more profitable stuff.

Robin_Good

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It is allowed to play online poker and holding a poker tournament In Germany, but there is ban on games with real cash prizes.
I wonder in this case BTC=money or not?

deebob

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I would focus on growing your referral, then doing the free rolls.

AirC

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Quote from: monbux on May 08, 2014, 09:39:06 PM

Quote from: BitcoinNewbie15 on May 07, 2014, 06:34:38 PM

Do you think freebitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is freebitco.in even a gambling site? Online gambling is illegal in my state... Thanks!

I'm pretty sure it's considered gambling. Also, the faucet is not worth it unless you have A LOT of time on your hands...

The faucet is just a huge waste of time, when that time can be used for other ways to get btc.

monbux

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Quote from: BitcoinNewbie15 on May 07, 2014, 06:34:38 PM

Do you think freebitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is freebitco.in even a gambling site? Online gambling is illegal in my state... Thanks!

I'm pretty sure it's considered gambling. Also, the faucet is not worth it unless you have A LOT of time on your hands...

hackjack

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dont worry your not gambling with money, your gambling with products. Its not fiat currency so you will be fine

andreja1982

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0,1 btc

and

red, red, black, red, red, black, black, black, red, red, black,red,red and you will have 1000BTC

Bitwayup85

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I wouldn't call that gambling. I think gamble would be considered when you play at casino which has T.O.S. and is legally registered and meet all casino requirements according to the state laws. And rolling the dice for bitcoins, I don't think this is considered as a gamble because It doesn't need any casino T.O.S. registered in the state. But I'm not sure.

locopao

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I think gambling is something that has to do with money (money betting)

So, Freebitco.in IS NOT a gambling site since you dont pay money to play, you don't earn money if you win.

Bitcoin is not money (that'a what every one says out at the money / market world) so your possible earnings is NOT money, it's just some kind of online "coupons" that can get you free things online.

Is bitcoin illegal at your country, too?

TrailingComet

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freebitco.in is gambling if you play the faucet
However as the inputs to play the faucets are free in effect possible maybe to argue that it's game money
Not gambling until you withdraw the btc

zx81

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Maybe consider it like entering a competition. Either the faucet gives you 400 sats or more sats or none.

Sonny

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Quote from: mezmerizer9 on May 07, 2014, 06:46:14 PM

Quote from: BitcoinNewbie15 on May 07, 2014, 06:39:58 PM

Quote from: mezmerizer9 on May 07, 2014, 06:38:05 PM

Quote from: BitcoinNewbie15 on May 07, 2014, 06:34:38 PM

Do you think bitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is bitco.in even a gambling site? Online gambling is illegal in my state... Thanks!

Did you maybe mean freebitco.in instead of bitco.in or not?

Oh yeah sorry about that... Fixing my post now!

well the rolling part, no, but you can gamble that btc you've got in second tab, so that is considered gambling. Also, try Primedice, you can request payment every one minute if you have no btc, so try that one, here: primedice.com

OP mentioned online gambling is illegal at his place, and you suggest him to play on PD lol? Cheesy

mezmerizer9

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Quote from: BitcoinNewbie15 on May 07, 2014, 06:39:58 PM

Quote from: mezmerizer9 on May 07, 2014, 06:38:05 PM

Quote from: BitcoinNewbie15 on May 07, 2014, 06:34:38 PM

Do you think bitco.in is considered gambling? I rolled the dice twice and got like 400 satoshi, but i never made any bets or deposited bitcoin in that site... Is that considered gambling? And is bitco.in even a gambling site? Online gambling is illegal in my state... Thanks!

Did you maybe mean freebitco.in instead of bitco.in or not?

Oh yeah sorry about that... Fixing my post now!

well the rolling part, no, but you can gamble that btc you've got in second tab, so that is considered gambling. Also, try Primedice, you can request payment every one minute if you have no btc, so try that one, here: primedice.com

Topic: question about gambling (Read 1115 times)