Bitcoin Gambling Sites with Faucet
Even if you are not lucky enough to make a profit from gambling, you can still “score” at Bitcoin gambling sites with a faucet feature. In fact, they may be exactly what you are looking for. You can win satoshi by using faucets without even having to deposit any money. Bitcoin gambling sites with a faucet feature will regularly reward you and allow you to make a profit even if you keep losing games – no luck needed.
Top Bitcoin Gambling Sites with a Faucet
Of course, you also need to have a Bitcoin wallet address to issue a withdrawal. Bitcoin sites with a faucet feature usually allow you to withdraw your winnings after your balance reaches a certain amount. This amount will be different for each site – we recommend that you read the terms & conditions page beforehand. You can use your free satoshi as you like after you withdraw them to your Bitcoin wallet.
What Is a Bitcoin Faucet?
Bitcoin faucets were invented by Gavin Andresen in 2010. At that time, the value of Bitcoin was very low and faucets were used to promote this currency. To explain it simply, a faucet is a “reward” system: Websites with this feature reward their visitors for making various activities on the website. The site owner decides what this activity will be. Staying on a page for a certain amount of time, clicking on ads, or playing a simple game – each Bitcoin faucet site sets different goals. Likewise, prize amounts vary. It is usually possible to win between 100 and 1,000 Satoshi. So the highest profit you can make usually does not exceed 0.0001 BTC. In short, faucet is a feature that allows you to win free Satoshi.
How Does a Bitcoin Faucet Work?
The owner of a faucet site first selects a payment provider and integrates it into the site. He deposits a specific amount of Bitcoin to the provider’s wallet address. Payments are automatically transferred to the visitors’ wallets via the provider’s wallet when certain conditions are met. In other words, payments do not need to be approved manually. Visitors do not need to share their credentials to use a faucet and no geographic restrictions apply. Since this feature is not considered as gambling, standard legal restrictions do not apply to faucets.
Owners of faucet sites earn revenue from advertising. For this reason, most faucet sites are filled with ads and you are not allowed to use extensions such as AdBlock. Likewise, the task you need to complete often is to click on the ads. Gambling sites also offer simple and casual games like wheel of fortune and dice. It does not matter whether you win the game or not: The goal is to complete the activity, so just playing the game is enough to win free satoshi.
As can be guessed, faucet site owners do not offer this service because they have good intentions. Their goal is to increase the number of visitors, make them click on more ads and make a profit from advertising. You can open a site with a budget of 0.5 BTC and, for example, you can earn 0.75 BTC from ad networks. With referral commissions, visitors can earn additional income too. Profit margins are fairly low, but these are simple operations, which do not have to be taken care of regularly once they are established. To give you an idea, a faucet site with 250,000 visitors per month can earn an average of 850 USD per month. After all expenses and commissions are deducted, net monthly earnings will be around $ 650.
Faucet Gambling vs. Regular Gambling
Bitcoin gambling sites with a faucet feature do not offer a “classic” gambling experience. For the most part, the games on these sites are extremely simple. Playing a game for a certain period of time is usually enough to win free satoshi. Once more, winning or losing the game is not important: Just play it for a certain amount of time and collect your satoshi. Therefore, they are quite different from regular Bitcoin gambling sites. A simple dice game, a prize draw, or “pick-me” games – these are the games you can find on the faucet gambling sites, and the goal is not to play games but to complete the assigned task.
However, some regular Bitcoin gambling sites may use faucet feature to attract interest and increase the number of visitors. In addition to all the classic casino games, these simple mini-games and tasks are also available on these sites. The goal is to encourage the players to spend more time on the site and to spend their free satoshi by playing “serious” games. In this respect, faucets count as the “bonus” of these sites.