Future of Blockchain in Gambling Space Explored in ASEAN Gaming Summit 2019
March 20, 2019
What is Blockchain? What are its benefits? Who uses it? Day 2 of ASEAN Gaming Summit 2019 puts blockchain's role in the gaming space in the spotlight.
Satoshi36 is a Bitcoin lottery website that was launched in May 2013. This platform packages itself as a perfectly fair Bitcoin lottery by guaranteeing that the mathematical algorithms used are more reliable and free of risk as compared to the classic lottery. It currently accepts Bitcoin as its primary and sole mode of payment, and it is only available in English.
Bitcoin Lottery Game
Many Bitcoin lottery platforms have already been launched in the online gaming scene since Satoshi36 started to operate. However, this lottery game still has the qualities that make it interesting to play. Perhaps its most attractive feature is that a new round begins in almost every 5 minutes. Thus, the pace of betting here is quicker than the other lottery games, which tend to announce the winners after a few hours.
Moreover, the betting interface is clean, simple, and user-friendly. As a result, everyone who is new to this game will find it absolutely easy to play. In fact, all you must do is to choose at least one of the 36 sectors found on the wheel. Once all desired numbers have been selected, just hit the Play button to generate the bet address you can send your bitcoins to within the allotted betting time period, which is a little over 4 minutes.
Betting and Winning
The minimum bet per game is 0.01 BTC while the maximum amount you can wager is 10 BTC. The payout for each round is determined by the multiplier and the win odds and will be directly sent to your address. Just remember that the more numbers you choose, the smaller the multiplier will be.
However, if there is one feature that should be improved, it would be its house edge. With a 2% house edge, some players may be put off. A lower house edge of at least 1% will make the game on par with the majority of the popular Bitcoin dice platforms.
An affiliate program definitely works to the advantage of the brand and the players. If you choose to make the most of this feature, you will have the opportunity to earn 50% of the lottery profit of each of the winning players who have accessed the website via your referral link. Take note, however, that only one URL per Bitcoin address is permitted.
Satoshi36 may have already gained enough competitors in the arena, but it still packs some juice to win the game. It would be greatly preferred, though, if the house edge will be lowered and if more innovative features will be included, specifically the provably fair system. Nevertheless, playing Bitcoin lottery here should be a breeze.
No license set.
No payment methods set.
No payment methods set.