First the answer to the question is: YES, IT'S POSSIBLE!

The real question is if the value that you will win in free bitcoins, is worth your time.
That decision is up to you after finishing reading this article.
If you don't feel like reading it all, you can jump right to the conclusion

Everyone that heard about bitcoin, has at a given time, wished it had bought quite a few when the price was below one dollar in 2009. At the time of this post, bitcoin according to coinmarketcap is valued at 9 240,89$. Its easy to understand how much money you could have right now if you have bought only 100 bitcoins back in 2009.

Across the internet, if you google for "earn free bitcoins" or "win free bitcoins" you get thousand of articles and sites promising free bitcoins and that you can get rich quickly with a little investment. I tried quite a few options and i can guarantee that 99,99% of them are scams and the rest are not worth your time because they pay very low values.

WIN FREE BITCOIN

The only one that i found to be quite worth under certain conditions was freebitco.in

This site exists since 2013 and is a Bitcoin faucet that allows you to win a portion of FREE BTC every hour. This portion of FREE BTC depends on the current bitcoin price and the biggest prize is fixed at 200$ (lucky number 10000) and the other prizes in proportion to it.

When the price of the bitcoin goes down, the reward amount calculated in bitcoins goes up and the other way round is also true. So, regardless of the current bitcoin price, you have a fair chance of winning US$200 in bitcoins on each roll.

The minimum value of the faucet, is 0.00000021 bitcoin that is equivalent to 0,001936$ at current bitcoin price. The minimum total withdraw of the site is 0.00030000 BTC so if every roll you make you only win the minimum prize amount of 0.00000021 you will need 1429 rolls (0.00030000/0.00000021) to reach the minimum total withdraw of the site. Take into account that you can only roll one time each hour which means 24 rolls per day, but nobody is all the time in the computer so let's assume you only roll 10 times per day which means that you need at least 143 days at current market price of bitcoin to achieve the minimum withdraw prize amount.

Let's confirm this: 143 days, 10 rolls per day, minimum prize of 0.00000021 bitcoin:

143 x 10 rolls x 0.00000021 = 0,0003003 bitcoin

Offcourse this is the worst case scenario, because you can roll more times per day and you will not always win the smaller prize of 0,00000021 bitcoin.

MULTIPLYC BITCOIN

Other option that freebitco.in offers is the MULTIPLY BTC option, where you can gamble the bitcoins you have earned and try to make a profit.
Personally i don't recommend this because it's high risk and all the times i played i ended up losing all!

EARN INTEREST ON THE BITCOIN YOU EARNED

One interesting option the site has is that you can earn interest in the bitcoin you earned but only if you mantain a balance of at least 0.0003 bitcoin in your account. The site pays an annual compound interest rate of 4.08% and you start earning interest right from the first day and you can withdrawn any time you wish.

The minimum balance of 0.0003 bitcoin that you need to have in your account to earn interest pays the following interest:

PARTICPATE ON THE WEEKLY LOTTERY FOR FREE AND WIN BIG PRIZES

For every free roll you play you receive 2 free lottery tickets for the lottery and you can win the following prizes:

You also have the option to buy lottery tickets with the bitcoin you earned. For example if in one roll you win 0.00000021 bitcoin, you can exchange it for 21 lottery tickets:

Off course the win chance is not very high, but you're playing for free and you never know when you might win.

REWARD POINTS

For every free roll you play, you receive 2 free reward points and on weekends normally that amount is doubled and tripled.
You can exchange your rewards points for an iphone or samsung galaxy, hardware wallets and gift certificates altough the amount of points is super high and extremely difficult to reach.
Easier achievable options are to exchange for free bitcoin bonus, lottery ticket bonus and extra reward points on your next roll.

Conclusion

Freebitco.in is a good site to earn some free bitcoins and every hour you can roll for free and win a small percentage of bitcoins, as well as 2 free lottery tickets and 2 reward points!
In my last roll, i won 8 reward points because on weekends they generally offer more.

Nevertheless, take attention to the following:

Every time you roll, you must solve the google recaptcha system which can been quite irritating. I found out that a good way for it, to don't appear often is to have a verified gmail account that you're logged in at the moment of the roll.
The minimum amount you can win with every roll is quite low. At current bitcoin price, minimum roll is worth 0.00000021 bitcoin, which would take you 143 days rolling at least 10 times a day to achieve the minimum withdraw of 0,00030 bitcoin. Off course, you can roll more times a day and you won't always win the smallest prize.
The multiply bitcoin option is quite fun, but you can lose all your bitcoin quite fast, so i don't recomment it.
The annual interest rate of 4,08% over deposits of at least 0.0003 bitcoin is a great plus. Everybody loves to earn passive income. If you don't want to spend much time with the free rolls every day until you achieve the minimum balance of at least 0.0003 bitcoin in your account to earn interest you can easily make a deposit of that value and start earning interest right away. You can deposit funds on your freebitco.in account using blocktrades.us and exchange steem or steem dollars for bitcoin. You will find your deposit adress on your freebitco.in account.
Free lottery tickets are also quite nice and there is always a chance to win the big prizes of the weekly lottery.
With every free roll, you earn free rewards points. The best option would be for you to exchange them for more rewards points. For example, with 1200 Rewards points you can exchange for a 24 hour period where every roll you make its worth 100 points, which means if you roll 20 times in that 24 hour period you win 2000 rewards points, while having used only 1200 points to buy this option. You profit 800 points. When you have 3200 points, you can also exchange them for a 1000% bonus over the minimum free bitcoin reward on the table .
The site also has a good referral policy and for every friend you invite and every roll he makes the site pays you 50% of the minimum free btc roll winnings as commission and 1 extra free ticket and 1 extra reward point. If you register using our link you also get a part of the weekly referral gains based on the total number of free rolls you made on the week. This option (share amount based on total referral activity) is automatic on the website and a way to reward people that registered using our link.

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How to win free bitcoins! Is it possible?