Bitcoin is exploding in value and popularity lately and everyone is wondering how they can get some satoshis for free. Well, there are lots of ways but faucets aren't nearly as profitable as they used to be.

One great option is a company called BetFury. I've been using them since last summer and their payouts are amazing. Unfortunately, the faucet has dropped substantially since the summer (from 30 satoshis per 20 minutes to 1.25!) but there are still ways to use it for getting free Bitcoin (and other cryptos).

Best Betting Strategy for BetFury

Betting is not a great way of making money because it is inherently stacked against the bettor and in favor of the house. However, if you bet conservatively with a clever system, you can certainly make profits over a long period of time. That's what I'm going to show you here.

First of all, open a BetFury account. Either deposit a cryptocurrency into it or use the faucet to earn free Bitcoin or free BNB (Binance Coin).

Note: This will be difficult with the Bitcoin faucet because you need a good amount in order to make this strategy work and at the current rate of 1.25 satoshis per 20 minutes it will take you a long time.

You can currently deposit any of the following:

• Bitcoin
• Ethereum
• Binance Coin
• Tether
• Tron
• Sun Token

The Fundamentals of Conservative Betting

What we want to do is bet small amount (relatively speaking) and keep enough in reserve to win back any losses. Here is an example using small amounts of Bitcoin to illustrate clearly what I mean:

Here, I have bet 125 satoshis at a 94% chance of winning. I get back 130 satoshis, meaning a profit of 5.

I could do this again and again and again, earning 5 satoshis each time.

Eventually, I will lose. When that happens, I need to bet higher:

A bet of 4,000 satoshis would earn me my 125 satoshis back, plus 45 satoshis profit. This is great... but what if I lose again?

At 94% win rate, it is unlikely that you will lose twice in a row, but it does happen occasionally. If this happened, you would have to choose whether to bet higher:

A bet of 128,000 would win you back your 4,000 loss and losing 3 consecutive times is really unlikey. In fact, out of tens of thousands of bets, it has never happen to me.

Still, this is about conservative betting. How do we lower our chances of loss to almost zero?

There is a better way of doing it.

Instead of playing one massive bet to wipe out our losses, we go for two smaller bets:

If I lost 125 satoshis, I could place a bet of 2,000 satoshis in order to recover 85 sats. Then I would bet another 1,000 satoshis to get back another 42 sats. This would earn me 127 satoshis, meaning that my loss was recovered with 2 sats as a bonus.

This functions really well as a conservative betting strategy because now if I lose my second bet (2,000 sats) then I don't have to immediately jump to a 128,000 satoshi bet. I can go for a 32,000 and 16,000 bet, which drastically limits my exposure to risk.

Alternative Option

One last method is to switch from 94% to 95% when you lose. This makes it slightly more likely that you will not lose two or three consecutive bets, but your win will be a little smaller. If I lost a 4,000 satoshi bet then I could place a 95% wager on 128,000 sats. It is a bigger risk but you have slightly less chance of losing.

All in all, I much prefer the first option because I like limiting the risk and stacking sats slowly over time.

How Much Bitcoin Can You Make?

If you bet 125 sats each time, you would earn 5 satoshis per bet. If you did this 50 times per hour, 5 hours per day you would get 1,250 sats per day. If you bet 250 sats, it would be doubled to 2,500 sats per day. If you placed a few more bets... Well, you get the point. It goes up fast.

In the end, it depends how much money you put in. I stuck a million satoshis into BetFury but some people put several Bitcoin in and just gamble like crazy. As long as you are conservative, you can make profits and also earn dividends.

Note that you don't need to use Bitcoin. You could also deposit something like BNB or TRX so that you can place smaller bets (in dollar terms) and build faster. It's up to you.

Be sensible. Be patient. Be persistent.

(This is obviously not financial advice. Use your brains and gamble responsibly.)