Bitcoin Gambling with Live Dealers: An Interviewwith SatoshiLive (preview)


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DATE: Sept. 28, 2013, 1:17 a.m.

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

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