Bitcoin Poker Sites
Bitcoin is the new digital currency that has taken over the virtual world of gambling. On the Internet Bitcoins can be used to play casino games, bet at sports as well as play poker games and tournaments. There are many Bitcoin poker rooms online and their number continues to grow.
Bitcoin is becoming a trusted way to spend, transfer and gamble money online so no wonder why it is used as a banking option at some poker rooms. The virtual currency allows fast and anonymous transfers and players can start playing games or take part in tournaments in less than an hour.
Continue reading to learn more about playing online poker with Bitcoins, what to look for at Bitcoin poker sites and the advantages of playing poker on the Internet with Bitcoins.
How to Play Online Poker with Bitcoins?
To play Internet poker with Bitcoins, register an account with a good Bitcoin poker site. To do this you need to enter your username, password and optionally, an e-mail address. There is no need of additional personal or banking details to complete the registration process.
Once you set up an account, deposit Bitcoins from your Bitcoin wallet to the address provided by the poker room. Deposits are usually completed from 10 to 30 minutes and there are two confirmations that happen automatically.
To play games, the Bitcoins are converted into chips which you can use to place bets. Withdrawing your winnings is also as simple as depositing. Just enter your Bitcoin wallet address and the number of Bitcoins you want to transfer. Fast withdrawals usually take up to 12 hours to complete.
Choosing the Best Bitcoin Poker Site
Since there are many Bitcoin poker sites make sure you sign up with a Bitcoin poker room that meets your needs and that is legally allowed to offer online poker products and services. Even though you remain anonymous at these sites, make sure the site uses safety measures to protect transactions and offers reliable games.
There are a couple of important factors you should look for and consider when choose the best Bitcoin online poker site:
Games and Tournaments
Search the web and read reviews and player feedback about a particular Bitcoin poker site. Make sure the site has good reputation and is backed by experienced team.
Players should be able to make safe transactions to and from Bitcoin poker sites and they should use the best security measures. In addition, for extra protection, some sites store Bitcoins offline.
Games and Tournaments
Texas Hold’em and Omaha should be available to play and the Bitcoin poker site should offer both ring games and sit-n-go’. The site should also use reliable poker software.
Traffic is not very high at Bitcoin poker sites compared to the standard networked- poker sites, but it continues to increase. In fact, reputable Bitcoin sites have decent traffic that is increasing day by day.
It is very important to get your money fast especially since you don’t have to provide any fanatical data to the poker room or wait for days till you get a physical check. Bitcoins exit a poker site virtually, therefore, transactions are processed quite fast.
Advantages of Playing at Bitcoin Poker Sites
One of the biggest advantages of playing at Bitcoin poker sites is that your identity stays completely anonymous to the poker room and other players. No sensitive data is required to sign up with the poker site or to do transactions. Since player ID is unknown players from the United States can also play poker games.
Furthermore, playing with Bitcoins is way better than the traditional banking options like bank transfers or credit cards. Both deposits and withdrawals are quickly processed and there is virtually no waiting time.
Last but not least, Bitcoin poker sites have very competitive rake models. This means that you can play more hands and play fewer rakes.
Bitcoin poker sites offer a lot of advantages over regular online poker rooms. Players are anonymous and transactions are fast. However, make sure you sign up with a reliable poker site that accepts Bitcoin as banking option so you can have fun time playing poker games.