yes the faucet is a little bit too good to be true but maybe because they just started their website and wanted to attract players that's a good promotion actually.
The faucet gives you $0.01-0.02 per claim and you can claim it 10 times in a day and you cant claim it if you have balance in the account. It is something common, and nothing special with faucet so I dont get how can it be something "to good to be true"? The one which is too good to be true for me is the affiliate commission. It gives 50%-85% supposedly from the house edge, most other casinos gives 10-20% only if I recall it correctly.
Correct, if you have balance in wallet you cant claim it and just have to play some games and wish either you make it big so that you can reach near payout and withdraw it, or else have to deposit and make it big win. Else those 0.1$ claims will just be to test out their games and luck.