Quote from: klf on June 19, 2017, 01:32:59 AM

Quote from: Food2 on June 19, 2017, 01:14:04 AM

Quote from: veleten on June 19, 2017, 12:56:46 AM

Quote from: Food2 on June 19, 2017, 12:48:26 AM

Quote from: chineseprancing on June 18, 2017, 11:44:09 PM

How long freebitco.in give a high amount of Satoshi? Because if it is continue for a long time maybe the freebitco.in was declared of bankruptcy. Due to some users were make it faucets instead of gambling site.

Haha, sir/miss, I believe you misunderstand the point of freebitco.in. The main purpose of freebitco.in IS to be a faucet. It was created with that purpose and continues to be developed with that purpose. Freebitco.in also includes a gambling feature (among other things), but I can assure you that wetsuit has calculated how much to give on the faucet in order to remain profitable while doing so. I highly doubt they will be going bankrupt anytime soon.

nope I think you misunderstood the point of freebitco.in,sir
it is a business that brings money to the owner,so if it is a faucet or a dice site or a space invasion early warning system
it should be profitable to be maintained and developped,freebitcoin as a faucet only has outlived its purpose
there are only that many people around the globe that haven't heard or registered at freebitcoin,it is not profitable to run it is a standard faucet monetised with ads only
so the owner decided to introduce different sources of income for his site: hi/low game,lottery etc. and it is the right thing to do
if he decides that the faucet is no longer needed and is dragging him down,he will dispose of it mercilessly

Haha, let's agree to disagree

To my point though, wetsuit (site admin) has previously stated that he is still calculating the amount of extra BTC on the faucet that can be given while still remaining profitable, meaning that contrary to chineseprancing's remarks, I do not feel that freebitco.in will go bankrupt due to increased faucet claims. Freebitco.in makes a killing from the 5% house edge on their hi-lo game, so if they wanted to kill the faucet, they could've and would've done it long ago... There is a reason they keep it running

If I'm not wrong most of the faucet users never withdraw money because either they end up losing money in hi-low game or wasting money in a lottery system. Because as you said with 5% house edge and with that much small amount no one can win money from their hi-low game. And in a lottery system, no one knows how they are picking the winner and mostly they may pick the one which they want for the first price and smaller ones may be given to other members. Since they don't have a system to prove they are honest so we can assume these things for now. So they are always in a profit but only people are either wasting their time or money.

That will hopefully soon be changed, as users have submitted algorithms for wetsuit to use to show the lottery is provably fair, and he will be picking one shortly.

I also agree with you, in that users do not end up withdrawing for various reasons, and so the faucet is much more profitable than it may initially seem.