Bitcoin Poker

bitcoin poker

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Playing poker has become one of the biggest gambling businesses in the world with the emergence of online institutions like PokerStars, Full Tilt and the popularity of live tournaments like the World Series of Poker. The good news for Bitcoin enthusiasts is that there are now several options to use this crypto currency as a deposit and withdrawal method.

The beauty of using Bitcoin to deposit money at online poker dens is that it is almost instant. At poker websites like SealsWithClubs it’s extremely easy to deposit and withdraw money. In fact the entire sign up process is exceptionally easy.

Best bitcoin poker websites

Bitcoin PokerSWC Poker: SWC is your no.1 destination for online bitcoin poker. The website is owned and operated by poker pro Bryan Micon, who is passionate about bringing poker back to all residents of the USA. The benefits of playing at SWC include lower rake, rake backs and a rewards program called Krill. You can read our full review which goes into more details.

Americas Cardroom: Americas Cardroom has been around longer than bitcoin. The popular USA-serving poker website began accepting bitcoin in early 2015. With both downloadable software and an instant-play version, as well as the ability to deposit both bitcoin and real money makes Americas Cardroom a great alternative to the USA-banned PokerStars. Read our full review here.

Sign-up & Verification process at Bitcoin Poker websites

Unlike PokerStars and other major poker websites you are not obliged to jump through hoops to begin playing at Bitcoin websites. When you are making an account at bitcoin casinos and poker halls it is simple as making a username and password. You don’t have to give up your identity to play at these places, in fact you can use an email account that is not even linked to your true identity.

Depositing & Withdrawing bitcoins at Poker Websites

When you have made an account at a casino or poker website you will have your own unique bitcoin address given to you. You can think of it like an account number.

To fund these account numbers is a simple process. You need to have a funded Bitcoin Wallet and you simply send over how much of the virtual currency you want to play with.

The withdrawal process is just as simple, you just repeat the above sentence in the reverse order. So you go the withdrawals page on your chosen site and send your balance back to your Bitcoin Wallet.

Bitcoin Poker – Hold’em, Omaha and Video

While the software that is used for Bitcoin Poker still has some ways to catch-up to Fiat-based alternatives, there is still plenty of options for the player. The options at swcpoker.eu include Texas Hold’em and Omaha with a variety of cash games, regular tournaments and sit and go tournaments available.

The player numbers are not as high at Bitcoin poker websites as they are at other options, but they have slowly been growing as cryptocurrencies have become more popular.

Omaha Hi-Lo: This is a game where the stakes are generally high. You are dealt four private cards. Five cards are then dealt publicly on the table. The player can then use two cards from their four private cards, along with three cards of the displayed cards. Forming the best poker had they can out of five cards.

Texas Hold’em: If there wasn’t Texas Hold’em available it just wouldn’t be poker and there certainly is a good range at several different Bitcoin websites. These options include regular tournaments and ‘sit and go’ tournaments. Of course there is also cash games available. Often the pots are quite big at SWC while playing Bitcoin poker.

Video Poker: Several Bitcoin casinos have Video Poker available for their customers. Video Poker is just a one man game. It’s basically chasing poker hands for odds payouts. It’s always worth a few hands when you’re gambling online.

Is Bitcoin Poker Safe?

Like any online gambling, you need to be well aware of where you are playing. If you’re playing at a dodgy website there is a chance that you could be ripped off.

There are several things that you can do to make sure that you remain safe while playing poker at Bitcoin websites.

The first is to read about the website that you are intending to play at, do your homework, read reviews and make sure people have not had issues with them in the past. For instance cashing out.
The second thing you can do is limit your damage. Start with a small deposit and try the website out, even make a deposit and immediately withdraw it. After all Bitcoin deposits are generally instant, or at least within 20 minutes.

Finally, it can be a good idea to cash out when you’re gambling at Bitcoin locations. While chances are that everything will be fine if you left your funds in the account, you never know what could happen – just ask the players at PokerStars who had their accounts frozen in America, and that was with regular currency.

The rake and Bitcoin Poker

If you’re playing poker online you generally pay a fee to the house. This is referred to as the rake. The standard rake at PokerStars is usually around five percent, but this amount is capped at $4. This means that you can be playing a hi stakes game and the rake will be $4.

The rake when playing Bitcoin poker is usually significantly lower, which is obviously a huge plus for players, but you don’t get the associated benefits that come with the rake being higher. But in reality how often do you actually get any bonus of note from websites like PokerStars and Full Tilt.

The host website usually won’t charge a rake during a tournament, but a small percentage of your entry fee will be charged.

Customer Support

While the standards of professionalism at Bitcoin poker websites have not yet reached the same level as other standard destinations. Websites like SWC Poker and Americas Cardroom take their responsibility to the player seriously.

Several Bitcoin Poker websites have live chat options, but they are not always manned, which can be annoying. But emails sent to customer support, in our experience, have been replied to quickly.