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Question: Do you think faucets help or hurt the Bitcoin Casino industry?  (Voting closed: May 14, 2015, 08:49:26 PM)
Help because I like free money I don't have to earn. - 15 (40.5%)
Hurts because it attracts people who have no bitcoin and are a drain on the Casino and resources. - 6 (16.2%)
Faucets do both good and bad for the industry. - 16 (43.2%)
Total Voters: 37

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Author Topic: Poll: Are faucets actually good for Casinos?  (Read 2170 times)
josephno1
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May 10, 2015, 04:47:51 AM
 #21

I would strongly prefer deposit bonuses as the house. Faucets doesn't help you keep customers or create cash flow.

This.  Plus people that use faucets to gamble are much more unlikely to actually deposit money and play.

These are my thoughts as well. I wonder if all the faucet supporters would be so supportive if a faucet was just play money  vs. Bits of btc. Assuming they just want to try a site then they don't need actual money to do this.

My worry is faucets are creating a userbase of people just looking for hand outs vs. supporting the bitcoin casino economy and development.


Obviously there will be a group of people just looking for hand outs however the chances of reaching the payout limit is often times really low and the casino will not lose too much money overall from this

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May 10, 2015, 07:57:53 AM
 #22

A faucet or a giveaway is a good incentive to get new customers hooked. They try, lose it all or win some and then add funds from their wallets to enter and win back some more, only to lose it all in the end, it is a good strategy for the casinos to maintain a faucet or giveaway. Not so good for the gamblers, losing your money, be it of free will, is not good, being seduced by it might be a bit on the immoral side of life for me.

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May 10, 2015, 07:58:24 AM
 #23

I would strongly prefer deposit bonuses as the house. Faucets doesn't help you keep customers or create cash flow.

This.  Plus people that use faucets to gamble are much more unlikely to actually deposit money and play.

These are my thoughts as well. I wonder if all the faucet supporters would be so supportive if a faucet was just play money  vs. Bits of btc. Assuming they just want to try a site then they don't need actual money to do this.

My worry is faucets are creating a userbase of people just looking for hand outs vs. supporting the bitcoin casino economy and development.

very good point! play money is enough to test any game.
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May 10, 2015, 08:04:03 AM
 #24

If you need something to attract then faucet is the good option. With faucet , people will start betting and try to verify valid a bet before deposit the real money into the site. Faucet also increasing the site traffic  Smiley So it's good for both side ( the site owner and the bettor )
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May 10, 2015, 08:08:25 AM
 #25

I gave vote for option three but my complete answer will be here to be more clear. Instead of faucet there should be timely free rolls or no deposit bonuses for casino players.I will second as someone early said overall faucets not good for casinos.
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May 10, 2015, 08:18:54 AM
 #26

i voted for yes i think faucet is good option for new users to test that service for free to make before deposit if they are satisfied and think that casino offering great services than surely will make deposit to play with big money.
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May 10, 2015, 08:20:18 AM
 #27

I gave vote for option three but my complete answer will be here to be more clear. Instead of faucet there should be timely free rolls or no deposit bonuses for casino players.I will second as someone early said overall faucets not good for casinos.

+1. I picked Faucets do both good and bad for the industry. since while they offer a simple, free, way to test the workings of a dice site before putting into the said site real BTC; faucets are frequently misunderstood by players as a way to farm online casino for free money. I cannot see however any betterment with timely free rolls, or no deposit bonuses for casino players.

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May 10, 2015, 08:34:44 AM
 #28

I gave vote for option three but my complete answer will be here to be more clear. Instead of faucet there should be timely free rolls or no deposit bonuses for casino players.I will second as someone early said overall faucets not good for casinos.

+1. I picked Faucets do both good and bad for the industry. since while they offer a simple, free, way to test the workings of a dice site before putting into the said site real BTC; faucets are frequently misunderstood by players as a way to farm online casino for free money. I cannot see however any betterment with timely free rolls, or no deposit bonuses for casino players.

i also voted for Faucets do both good and bad for the industry. some freerolls or no deposit bonus is more better option than put faucet on regular basis, only few people dependent on faucet and use that great service just to farm it instead of playing there.
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May 10, 2015, 08:36:37 AM
 #29

theres no point in free faucet on casinos, if people want to try it out the owner could just do the demo version, or freeplay with credits or something like that
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May 10, 2015, 08:46:07 AM
 #30

A built-in faucet can attract lots of players to your site, It may make the site looks popular, but most of the player will just play with the faucet.
IMHO, it is better to lower the house edge or offer some deposit bonus with rollover to attract the real gamblers.

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May 10, 2015, 08:59:46 AM
 #31

Faucets are great for the casino because they draw newbies in and they often get hooked on gambling. It's offering something addictive for free. They usually end up betting their own money eventually and losing but even if they don't the casino is still attracting more hits to their website and players rarely win enough to cash out so its free or very cheap advertising at the end of the day.
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May 10, 2015, 09:16:32 AM
 #32

Faucets are very good for any site in my opinion.Faucets give everyone easy access to test the betting system of any site.I personally do not deposit without having tested any site.Faucets should be used to test not to make money as some players abuse of it.
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May 10, 2015, 09:18:21 AM
 #33

Just like the poll says, if you want to explain your vote please do but leave out site endorsements.

I find it hard to make a vote, I chose both good and bad because no options I felt fitted. Faucets are good for newbies to learn about bitcoin and how it works without risking nothing but time in the process. Faucets on gambling sites I think are a waste of time for both the site and the user it doesn't benefit anyone imho. Dadice does have a half decent faucet where you level up but still a waste of time.
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May 10, 2015, 09:36:56 AM
 #34

Just like the poll says, if you want to explain your vote please do but leave out site endorsements.

I only vote for faucet to test the site but i dont like it for people abusing it looking for free money.
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May 10, 2015, 09:49:21 AM
 #35

I wonder if all the faucet supporters would be so supportive if a faucet was just play money  vs. Bits of btc. Assuming they just want to try a site then they don't need actual money to do this.

Perhaps not. It will not be as thrilling as to use a few satoshis to hit up the high multiplier. The reason that faucet lickers still doing this is that to gain some amount from the free faucet and trying to hit high multiplier with it.
Although I wouldnt say many were actually success but yet it doesnt seem to hurt the sites especially if they sites is well established with quite a lot of BTC wagered daily

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May 10, 2015, 09:51:59 AM
 #36

Just like the poll says, if you want to explain your vote please do but leave out site endorsements.

Yes because the sites control the faucet abusers and it gives some people the chance to play with real money to test the site exactly as if they deposit.  Bitcoin is perfect to gift people micro amounts.
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May 10, 2015, 02:24:31 PM
 #37

Faucets are good for casino as it attracts people to try out the site using 'free' money.
More people will deposit btc to bet which generates profit from the house.

     

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May 10, 2015, 02:27:53 PM
 #38

You never know, when someone might strike it lucky and get into some money. {The bad characters being referred to here}

They might not have had money before, and they used these faucets to play.. either for fun or to try it out.

If you did not provide a faucet, these people might not have "tested" your site before and they would play somewhere else.

If physical casino's turned their back on "bad characters" they would have gone bankrupt long ago.. Just go to any casino and see who supports them most .... Poor people and old people. {Those with little or no chance of making it big, with what they have got... and then they become desperate and turn to luck to increase their chances}

We sometimes go there, to watch the people.... it's actually pretty sad to see... but I guess some do succeed or they enjoy the entertainment.  Sad

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May 10, 2015, 05:13:17 PM
 #39

Faucets are good for casino as it attracts people to try out the site using 'free' money.
More people will deposit btc to bet which generates profit from the house.
or people will just keep on trying to hit the high outcome bets with a faucet and abuse it every time its available, or even worse do it with vpns and stuff, if people would really want to try it out they would just deposit a small amount and check if its worth playing or not

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May 10, 2015, 07:24:27 PM
 #40

They're good because they keep people playing on the site and some of the faucet users when they like the site deposit their own funds to play. Chat and Faucet are two very important components of the casino, so even if a player is having a bad day, he'll still stay on the site and keep playing with faucet while talking to other gamblers.

 

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