In a time where SatoshiDice can be sold for about 12
million dollars, and other successful gambling
sites can make hundreds of thousands of dollars a
year, online bitcoin gambling is off to a lucrative
start.
Bitcoin gambling differs from other forms of
gambling by providing a layer of authenticity
through shared algorithms that show customers
the site is provably fair. Other sites like Just-
Dice.com go above and beyond by having a live chat
and letting folks invest their money along with the
site.
Satoshi Live wants to take this concept even further,
by providing live dealers for players to interact
with. Steve, from SatoshiLive, has taken the time to
explain their concept.
Ruben Alexander: What inspired Satoshi Live?
Steve Hoffman: We love bitcoins and online
gaming, and there was a void in the market for
such a site, it was a perfect match. The online live
casinos out there don’t have the flexibility and speed
that bitcoins offer for deposits and withdrawals.
The bitcoin casinos out there now don’t provide a
real live gaming experience, we wanted to recreate a
real casino experience with live dealers that players
can interact with in real time. It’s as close to the
real thing as possible.
RA: How can a player use Satoshi Live?
SH: Registration is easy. Simply sign up with a
username of your choice along with an email
address and you’re good to go. We never ask for ID
or any other types of documentation.
RA: Why do you offer live dealers?
SH: Live dealers offer a gaming experience which
simple software based gaming sites can’t. It’s not
the same as sending your bitcoins to a site and
waiting for that site to send you more/less bitcoins
back. SatoshiLive offers is a true gaming
experience, in real time with real people.
RA: Why are you requiring an account to play?
SH: We thought about this during development,
and our main point was for customer support, if
they need anything or have any questions they can
always contact us with their user names and we can
provide solid customer support. We also want to
provide bonuses for all our loyal players and the
account was necessary for us to have in order to
provide the loyalty program.
The rest of this interview will be available in
Bitcoin Magazine’s 14th issue.
Visit SatoshiLive.com for more information.