Freebitcoin Faucet Launches Wagering And Referral Contest With 30,000 Dollar Prize Fund

ONE of the web’s most popular free bitcoin faucet and game websites has just got better after the launch of a wagering and referral contest with some huge prizes on offer.

Most people familiar with the world of bitcoin faucets will have heard of Freebitco.in, with its simple, ad-free design, generous free faucet, hi-lo game and weekly lottery.

And now there’s even more reason to visit with the arrival of the new contest, which was announced on the website with the following statement:

“Participate in our monthly wagering and referral contest with $30,000 in total prizes!

To win the wagering contest with $20,000 in total prizes, you must rank in the top 10 users by wagering volume for the month and to win the referral contest with $10,000 in total prizes, you must rank in the top 10 users by combined wagering volume of your referrals for the month.

The contest will start at the beginning of the month at 00:00 UTC and end on the last day of the month at 23:59 UTC. For the wagering contest, all bets made in MULTIPLY BTC and MULTIPLY BTC jackpots will qualify. For the referral contest, all bets that your referrals make in MULTIPLY BTC and MULTIPLY BTC jackpots will qualify. The top 10 users with the highest wagering volume for the month will win the wagering contest and the top 10 users with the highest combined wagering volume of their referrals will win the referral contest.

The prizes will be paid out in BTC converted from USD at the current exchange rate after the contest ends. You will receive an email notifying you if you have won a prize and the prize will be credited directly to your FreeBitco.in account and can be withdrawn anytime.”

This level of prize money will prove to be a huge draw for new members keen to see if they can become one of the lucky winners.

Immediately though some people will ask if this new offering is a scam or legit, after all, it seems like a huge amount of money to offer in prizes for a bitcoin faucet.

From what we know of this site and the reports from users across some of the largest bitcoin forums out there, this is completely genuine.

We have personal experience of the site on a basic level – faucet, wagering and referrals – and have found it to be extremely reliable and have never had any problems withdrawing our bitcoins once we’ve accumulated the necessary threshold amount.

So new members can be confident that this is a legitimate prize contests alongside the other methods of earning free bitcoins the freebitco.in already offers.

The site already offers weekly prizes through a lottery which, depending on the prevailing price of bitcoin, can be as much as 1.5 bitcoins for 1^st prize.

In addition to this, you can multiply your bitcoins through a hi-lo game, although like all forms of gambling, don’t expect to come out on top!

One interesting feature of freebitco.in is that you actually earn interest on whatever your bitcoin balance is, as long as it’s in excess of 30,000 Satoshi.

At the time of writing this was paid daily at a rate of 4.08% pa. It’s compounded as well which means that, depending on what your balance is, you can actually earn a healthy amount of coin throughout the course of the year.

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