Freebitco.in is far the best and longest existing faucet / free bitcoin site i know

The payouts are working and if you do not enable "minimum auto payment" the transactoin fees are quite low.
In addition you could stack some amount of BTC there in order to get some 4% as a bonus per year.
Its been a long time since I cashed out from freebitco.in . Whatever I earn in freebitco, I put that amount in their investment program and keep on getting some profit on my balance. This is only site which I am using since I came to know about bitcoins and still it feels good to play on that site.
This is one of the best parts about the site. Even if you are betting, it is nice getting daily interest on your balance, and with a larger balance you can actually get quite a bit from it, plus it pays far more than normal banks.