I am also wondering what's the point of letting people pay for free forever. Is it some sort of an infinite faucet?
Yes. The goal is to get Bitcoin into the hands of as many people as possible while also showing people what is possible with true 21st century money.
How is it financially supported and is there no fear that this will be exploited? It look more to me like the website is simply writing down the numbers as if users receive and play with Satoshis while no transactions are really made and in case of winning enough to cover the transaction fees there won't be a way to withdraw.
The project is funded by a group of long-time Bitcoiners who also happen to be big fans of the poker scene.
I'm not 100% sure I understand your 2nd sentence but I'll try to clarify what I can:
- Yes, the faucet is limitless as long as you're not actively abusing it or breaking any site rules as per our ToS (eg. colluding) which you can find int the menu as well as on the welcome dialog at first login.
- We have risk mitigation in place to limit abuse and have had the faucet running since 2016 with no issues.
- As long as you have 100k satoshis or more, you can withdraw -- no strings. Seriously. This is now entirely covered by our (really low) rake schedule from players who
play at higher stakes. - We receive many deposits a day. Liquidity at higher stakes is still low but we have high stakes games going about 5-7hrs a day right now and this is growing. Normally players who deposit will simply sit down until somebody joins them.
Thanks for a long reply! Okay, if you are funded by people who want to contribute to the cause, I guess it makes sense. And it's good that you have measures against the system's abuse.
I guess there are bots playing poker on your website, right? How can a person know whether she/he is playing with another player or a bot? Or do bots always have prompting nicknames (I played with someone called Boter or something, for instance)? I think some people might be more comfortable knowing whether they are playing against people or not.
Good luck with your project, it's a nice idea to familiarise more people with Bitcoin through poker.