Over the time I have been fooling around with bitcoin, I have always been intrigued with faucets. The concept is pretty alien. Literal free money, but almost worthless amounts at a time. It'd be like if someone stood on a corner handing out slivers of cut up penny. Intellectually, I understand the concept. They advertise at you, and give you back a percentage of the earnings.
Now the question is, why doesn't this work? Are there a lot of operational costs going on behind the scenes that eat up profit? Are there that many people using a given faucet , and if so, why don't all those guys mean even more profit, if it's derived from traffic? I would greatly appreciate it if a faucet operator would take the time, if they feel gregarious, to explain the quick and skinny of operating a faucet? It's something I'm interested in possibly getting behind, but I want to understand why so many of these particular business ventures fail.
Thanks in advance
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
Edit: cleaned that up, t9 is fail.