пятница, 29 июня 2018 г.

bitcoin_poker

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Bitcoin Poker

You're more than likely here for one of two reasons:

  1. You've got bitcoins, and you want to know where's best to play poker with them. Check my table of the best Bitcoin poker sites ↓ as of May 2018. Also, what are Bitcoin poker sites like? ↓
  2. You're a poker player,and you are interested in playing with bitcoins. If that's you, read the whole page. Don't worry, it's a good read.

Or Reason 3: you don't know why you're here, but this page looks interesting anyway.

I'll try and explain everything as best as I can on one page.

Note: This isn't for everyone. Please read the entire page (and preferably other links) before playing poker with bitcoins. This is new, so don't just take my word for it.

1. Bitcoin poker sites.

I love Bitcoin. The more I learn about it the more I like about it. I've also taken up playing poker with bitcoins too, which is another decision of mine that I'm happy with. Here are the sites I've checked out so far:

Last Checked: May 2018

Note: You can buy bitcoins from a site like LocalBitcoins.com. This is where I get mine right now.

2. What are bitcoins?

If Dollars ($), Euros (€), Pounds (ВЈ) and Yen (ВҐ) are fiat currencies of the material world, Bitcoin (Bвѓ¦) is the currency of the Internet. That's a loose analogy, but roll with it for now…

These were created in 2009 by Satoshi Nakamoto as an alternative to the usual fiat currencies -- borne out of frustration that a small minority of people in power were able to create a financial crisis that affected the majority. Since 2009, Bitcoin has been rapidly gaining popularity and growing in value.

Fiat Currency - Currency that a government has declared to be legal tender, despite the fact that it has no intrinsic value and is not backed by reserves. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is based solely on faith. – http://www.investopedia.com/terms/f/fiatmoney.asp

Playing poker.

You can buy bitcoins using the currency you're currently using. Just as you can buy GBP using your USD, you can also buy BTC using USD (or whatever currency you like). They're all forms of currency and can be bought, spent and traded.

You can then use these bitcoins to play poker on sites that accept them. So instead of depositing $100 and playing in Dollars, you deposit $100 and get the equivalent in poker room chips (where 1,000 chips = 1 BTC at SealsWithClubs).

Eventually you convert your winnings from BTC back in to USD (or whatever your "home" currency is). And yes, it is a lot easier than you expected.

3. How do I buy bitcoins?

You buy them from websites that sell them. These are called "Bitcoin exchanges":

  • Coinbase.com - A quick and easy Bitcoin exchange for US buyers.
  • LocalBitcoins.com - My personal favourite. People list the prices they're selling them for and via whichever payment method they accept. Then you offer to buy them and make the transfer. When they see the money has come through, they release the bitcoins from escrow.

They are all easy enough to use. It took me about 15 minutes before I bought my first load, and 10 minutes of that was spent browsing around to see what's going on (sometimes I like to see what other people are doing first).

4. Why play poker with bitcoins?

Why not just play with straight-up currency like USD? Why add another layer of complexity by using USD to buy BTC to play poker with?

  1. US Poker - You can easily play online poker in the US with bitcoins. The US government tries to make it difficult for online poker rooms to process gambling transactions, which makes the whole US online poker thing a bit of a grey area. Bitcoin circumvents this problem.
  2. Unique Player Pool - Bitcoins are new and so are used by a certain demographic of people. The vast majority do not have bitcoins because they're good at poker, so when they do decide to play some poker with them they make juicy targets.
  • Fast Withdrawals - Get your money in and out of the poker rooms the same day, usually within a few minutes. Bitcoins have been designed to be sent and received quickly. Less transaction hassle.
  • Lower Rake. Because these poker rooms do not have to deal with payment processing and all the costs associated with it, they can afford to charge less rake. Bitcoin sites charge 2.0-2.5%, fiat currency sites charge 4.0-5.0%.

Betcoin Poker

Deposit with Bitcoin at Betcoin Poker

Accepts US, EU, Russian & Chinese Players

Deposit Options

  • Bitcoin
  • Litecoin
  • Bitcoin Transaction Info
  • Rakeback / Promotions
  • Poker Room Overview

BetcoinPoker will allow you to deposit and withdraw anonymously with transactions being close on immediate. For those with litecoin, this poker site is for you – deposit and withdraw in exactly the same way but with litecoin.

BetcoinPoker runs regular freerolls with prize pools as high as 0.1BTC. The poker room is also offering a 100% match deposit bonus up to 1BTC and a special 10% rakeback for all newly depositing players. Plenty of reason to get signed up!

BetcoinPoker is the first poker client to really disrupt the world of bitcoin poker. Whether you’re looking to multi-table, play in regular freerolls or just sit in for the polished UI, BetcoinPoker has firmly positioned itself as the go-to poker room for bitcoin players.

But there is so much more to this poker site than pretty looks – BetcoinPoker offers all players instant club membership, allowing 10% rakeback; instant deposits (and they meaninstant) and the folks also accept litecoin deposits. Read below for more information on what this place has to offer.

BetcoinPoker takes advantage of a UI that truly brings bitcoin gambling out of the startup era and into the big leagues with a quality feel that isn’t far from the likes of PokerStars and Full Tilt. Here’s what you can expect when depositing at BetcoinPoker.com:

  • Resizable tables (6 would easily fit a screen).
  • Advanced sound settings – upload your own sound FX or play with none.
  • Personal stats – check up on your profit and loss, your call/fold ratio, your bet/check ratio and a lot more.
  • Player notes – keep tabs on your opponents.
  • Customisable themes – choose from several different card, floor and table options.
  • Hand history – look at your previous hands and play them back with the instant hand replayer.
  • Passworded cash games and tournaments – choose to play against your friends.

Getting Started at BetcoinPoker

You can register an account with Betcoin in no more than 10 seconds – it really is that easy. Once you’re set up you can deposit chips by transferring to your unique payment address that is attached to your account.

If you would like to know how to get hold of bitcoin, follow the instructions below:

1. Bitcoin Wallet

To make transactions with bitcoin, you will need to first download a bitcoin ‘wallet’ to your computer. It’s free and simple, just go to bitcoin.org and download and install the bitcoin-QT app. Once you’ve got your wallet, you’ll be able to create sending and receiving ‘addresses’ which is used for making transactions. You do not need to have your wallet open or online to receive payments, your payment will simply update the next time you connect to the internet. This means that you can withdraw from your bitcoin poker site at any time.

2. Buying Bitcoin

To purchase bitcoin, you can either sell goods and ask that the buyer pays in bitcoin to your wallet’s address; or you can go directly to a marketplace or ‘exchange’ and purchase bitcoin there. Sites like BitStamp.com will allow you to buy bitcoin for USD, you can also use these same exchanges to sell your bitcoin once you’ve withdrawn from the poker room.

3. Depositing Bitcoin at BetcoinPoker

After registering, access the ‘wallet’ through your poker client. To deposit into your account, simply use the address provided and send the funds via your own wallet on your computer.

How Big is BetcoinPoker?

BetcoinPoker is the first bitcoin poker site that has truly brought a professional touch to the industry. As of 2014, BetcoinPoker has been anticipated to be one of the fastest growing poker rooms thanks to an array of freerolls, rakeback and promotions.

Is it good value?

BetcoinPoker has an instant 10% rakeback scheme that applies to all new members. On top of that, bitcoin also offers regular freerolls and a 100% deposit bonus that is matched up to 1BTC.

Betcoin Casino – Heist Video

BetcoinPoker also offers a 3D casino with games such as 'Heist'.

Why Play Bitcoin Poker?

Bitcoin has changed online poker. If you like me, I became frustrated with the continuing payment processing issues that have plagued the online poker industry over the years. I hated having to wait days, weeks or even months to cash out my winnings. Bitcoin has changed all of this frustration for thousands of other online poker players and me. Transactions on Bitcoin sites are easier than ever.

How does Bitcoin work? Bitcoin is a peer-to-peer decentralized currency. Satoshi Nakamoto created the digital currency Bitcoin in 2009. Run on a network of user software; bitcoin is both a payment processor and currency. New coins are ‘mined’ (created) through software and a mutually agreed upon set of rules.

I have Bitcoin; where can I use it to play online poker? Currently, a few online poker sites offer bitcoin depositing options with others plan to soon. In 2017, new poker sites, including FortuneJack and Betcoin, now accept Bitcoin. You can find links and reviews of current bitcoin poker sites below and on our review page.

Spread the Word About Bitcoin Poker!

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I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be… more

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Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

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I tried to search for things like www.homedepot.com. The same thing happened. It would say WEBPAGE NOT AVAILABLE. The only thing that changed were all the upper and lower case letters, numbers and symbols.
Then it would again say
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED

This is the same thing that happened when Samsung and At&t tried to do any kind of searches thru the Yahoo Search App.

Yahoo needs to fix the problem with their app.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and… more

Bitcoin Poker

Bitcoin poker is becoming an increasingly accepted concept among online poker sites and poker players in the US. Due to the anonymity that playing poker with Bitcoin presents, the easy transaction process and low processing fees, poker sites that accept Bitcoin as a deposit option are witnessing higher volumes of traffic and are able to cashout winning poker players much quicker.

However, there is still a little “fear of the unknown” about Bitcoin poker – not just because players are using a decentralized currency to fund their betting actions, but because of the currency´s volatility. We aim to explain in every day terms what a Bitcoin is, and how it can be used to play online poker at a Bitcoin poker site.

If you are not interested in Bitcoin, there are plenty of other options through real money games.

So, What is a Bitcoin?

A Bitcoin is a unit of “crypto-currency” – a digital peer-to-peer currency which is used to conduct transactions over the Internet. The number of Bitcoins in circulation increases at a predetermined level over the years until a finite number is reached and, because no individual (or Government) has control over the “Bitcoin protocol”, the value of Bitcoin fluctuates subject to demand and supply (rather than being artificially inflated by actions such as “Quantitative Easing”).

Bitcoins are stored in “Bitcoin wallets” (think along the lines of PayPal, Neteller, Click2Pay, etc), and can be converted into dollars (or other currencies) at a Bitcoin exchange. There are dozens of Bitcoin wallet providers and exchanges.

Making a Deposit by Bitcoin

Provided your poker room of choice accepts Bitcoin as a deposit option (a list is provided below), making a deposit into a poker account with Bitcoin is very easy. Once you have set up your Bitcoin wallet and made your first BTC purchase, simply visit the Cashier´s page on the poker site. On sites which accept multiple currencies, select the Bitcoin option and then introduce the dollar value of your deposit.

  • A Bitcoin value is displayed at the current exchange rate and the 34-character address to which the payment should be sent.
  • On the main page of your Bitcoin wallet, click on the button that says “Send Money” and then copy and paste the 34-character address into the “To” field.
  • Then add the Bitcoin value that you wish to deposit into the poker account and click “Send Money.

The only difference with Bitcoin exclusive poker sites is that the 34-character address is displayed immediately and you simply copy and paste the address into the Bitcoin wallet and transfer how many Bitcoin (or fraction thereof) you wish to deposit into your poker account. The funds will normally be displayed in the poker account within 10-15 minutes, and can be used to play online Bitcoin poker immediately.

Bitcoin Poker Withdrawals

At the time of compiling this page, Bitcoin poker withdrawals are only available on Bitcoin-exclusive sites. The process is equally as straightforward as depositing, with players simply entering their own 34-character address in the Cashier´s page, the amount that they wish to withdraw and their password. The minimum figure that can be withdrawn is usually very modest – typically 0.02 BTC – and transactions take around 12 hours to process and 30 minutes to complete.

Players who deposit into multicurrency online poker rooms with Bitcoin will have to use an alternative payment solution to withdraw their winnings; but the multicurrency sites offering Bitcoin poker deposits are very accommodating, and will help with payment processing issues via their Live Help feature. Although a bit of a nuisance to sort out an alternative withdrawal method, this policy does protect the player from negative fluctuations in the value of Bitcoin.

Protect your cash and personal information and make banking easy by playing at the best bitcoin poker sites.

Playing Poker with Bitcoin

Once funds are in your poker account, playing poker with Bitcoin is no different than using dollars to buy into a table – indeed, multicurrency poker sites that accept Bitcoin as a payment option will credit your account with the dollar value of the Bitcoin transaction, so you should notice no difference at all!

Players on Bitcoin exclusive poker sites only need to have a sense of bankroll management to monitor how much to bring to a table and move up or down the stake levels according to their performance. There is no need to worry about “how much is that is dollars” because the math of bankroll management works in any currency.

Myths Associated with Bitcoin Poker

There are a number of rumors circulated about Bitcoin and questions asked about the legality of the currency. If you are apprehensive about any aspect of the Bitcoin currency, you are advised to visit the BitcoinTalk forum, where questions from “Newbies” are welcome and answered appropriately. Importantly, if you are a profitable poker player in the US, playing poker for Bitcoin does not exclude you from declaring your winnings to the IRS!

In terms of playing poker at online sites that accept Bitcoin, it was once upon a time true that the sites were heavily populated by “currency libertarians” who did not have a clue about how to play online poker and were easy game. Unfortunately those days are now gone as the concept of playing Bitcoin poker online has become more widely accepted among experienced poker players and as the currency libertarians ran out of money!

Bitcoin Poker Sites

As more online poker sites start to accept Bitcoin as a deposit option, this list will be reviewed and extended. For now we have just included those sites we have tried and tested, and would recommend to a friend:

Betcoin Poker

Deposit with Bitcoin at Betcoin Poker

Accepts US, EU, Russian & Chinese Players

Deposit Options

  • Bitcoin
  • Litecoin
  • Bitcoin Transaction Info
  • Rakeback / Promotions
  • Poker Room Overview

BetcoinPoker will allow you to deposit and withdraw anonymously with transactions being close on immediate. For those with litecoin, this poker site is for you – deposit and withdraw in exactly the same way but with litecoin.

BetcoinPoker runs regular freerolls with prize pools as high as 0.1BTC. The poker room is also offering a 100% match deposit bonus up to 1BTC and a special 10% rakeback for all newly depositing players. Plenty of reason to get signed up!

BetcoinPoker is the first poker client to really disrupt the world of bitcoin poker. Whether you’re looking to multi-table, play in regular freerolls or just sit in for the polished UI, BetcoinPoker has firmly positioned itself as the go-to poker room for bitcoin players.

But there is so much more to this poker site than pretty looks – BetcoinPoker offers all players instant club membership, allowing 10% rakeback; instant deposits (and they meaninstant) and the folks also accept litecoin deposits. Read below for more information on what this place has to offer.

BetcoinPoker takes advantage of a UI that truly brings bitcoin gambling out of the startup era and into the big leagues with a quality feel that isn’t far from the likes of PokerStars and Full Tilt. Here’s what you can expect when depositing at BetcoinPoker.com:

  • Resizable tables (6 would easily fit a screen).
  • Advanced sound settings – upload your own sound FX or play with none.
  • Personal stats – check up on your profit and loss, your call/fold ratio, your bet/check ratio and a lot more.
  • Player notes – keep tabs on your opponents.
  • Customisable themes – choose from several different card, floor and table options.
  • Hand history – look at your previous hands and play them back with the instant hand replayer.
  • Passworded cash games and tournaments – choose to play against your friends.

Getting Started at BetcoinPoker

You can register an account with Betcoin in no more than 10 seconds – it really is that easy. Once you’re set up you can deposit chips by transferring to your unique payment address that is attached to your account.

If you would like to know how to get hold of bitcoin, follow the instructions below:

1. Bitcoin Wallet

To make transactions with bitcoin, you will need to first download a bitcoin ‘wallet’ to your computer. It’s free and simple, just go to bitcoin.org and download and install the bitcoin-QT app. Once you’ve got your wallet, you’ll be able to create sending and receiving ‘addresses’ which is used for making transactions. You do not need to have your wallet open or online to receive payments, your payment will simply update the next time you connect to the internet. This means that you can withdraw from your bitcoin poker site at any time.

2. Buying Bitcoin

To purchase bitcoin, you can either sell goods and ask that the buyer pays in bitcoin to your wallet’s address; or you can go directly to a marketplace or ‘exchange’ and purchase bitcoin there. Sites like BitStamp.com will allow you to buy bitcoin for USD, you can also use these same exchanges to sell your bitcoin once you’ve withdrawn from the poker room.

3. Depositing Bitcoin at BetcoinPoker

After registering, access the ‘wallet’ through your poker client. To deposit into your account, simply use the address provided and send the funds via your own wallet on your computer.

How Big is BetcoinPoker?

BetcoinPoker is the first bitcoin poker site that has truly brought a professional touch to the industry. As of 2014, BetcoinPoker has been anticipated to be one of the fastest growing poker rooms thanks to an array of freerolls, rakeback and promotions.

Is it good value?

BetcoinPoker has an instant 10% rakeback scheme that applies to all new members. On top of that, bitcoin also offers regular freerolls and a 100% deposit bonus that is matched up to 1BTC.

Betcoin Casino – Heist Video

BetcoinPoker also offers a 3D casino with games such as 'Heist'.

Play on the next generation cryptocurrency poker platform powered by Bitcoin and Ethereum

We are not an ICO. Our mission is to revolutionize the game of poker and empower players.
Crypto Poker via blockchain technology has improved the game in many factors.
Get on the waiting list and be first to play along with FREE BITCOIN!

Crypto Poker Club
Blockchain Powered Game

The next generation poker game & network runs purely on Blockchain Technology - we have fixed many issues that come with traditional online poker games. Aside from a better game, every bit of Bitcoin & Ethereum profit made on our tables will be worth exponentially more in the near future.

Tired of slow withdrawals?

Blockchain Technology empowers poker

Big poker sites run on old technology that has not improved since the mid 2000's during the industry boom. Blockchain technology enables us to improve just about every aspect of the game.

Our Bitcoin Poker & Ethereum Poker games are optimized with the latest technology; making the game fairer, more efficient, reducing bureaucracy and introducing a world-class rewards programme!

Bronze Star Rewards

Rewards are paid out in full at the end of each month. The funds will be credited to your account automatically.

In case of ranking up during the month, you will get the higher reward for that month you ranked and your min now becomes bigger.

In case you do not reach the minimum requirement for your current rank, you will be ranked down and will not receive the cashback for that month.

Bronze Star Requirements

Every-time you play any cash game or tournament/sit n go, you pay rake to be able to play these games.

You must meet the minimum monthly rake volume to keep or rank up to this rank or else you will be ranked down.

All calculations are done from the 1st of every month to the 30th of each calendar month.

If you achieve the next rank requirement, you will automatically be ranked up and awarded higher rewards at the end of the month.

Silver Star Rewards

Rewards are paid out in full at the end of each month. The funds will be credited to your account automatically.

In case of ranking up during the month, you will get the higher reward for that month you ranked and your min now becomes bigger.

In case you do not reach the minimum requirement for your current rank, you will be ranked down and will not receive the cashback for that month.

Silver Star Requirements

Every-time you play any cash game or tournament/sit n go, you pay rake to be able to play these games.

You must meet the minimum monthly rake volume to keep or rank up to this rank or else you will be ranked down.

All calculations are done from the 1st of every month to the 30th of each calendar month.

If you achieve the next rank requirement, you will automatically be ranked up and awarded higher rewards at the end of the month.

Gold Star Rewards

Rewards are paid out in full at the end of each month. The funds will be credited to your account automatically.

In case of ranking up during the month, you will get the higher reward for that month you ranked and your min now becomes bigger.

In case you do not reach the minimum requirement for your current rank, you will be ranked down and will not receive the cashback for that month.

Gold Star Requirements

Every-time you play any cash game or tournament/sit n go, you pay rake to be able to play these games.

You must meet the minimum monthly rake volume to keep or rank up to this rank or else you will be ranked down.

All calculations are done from the 1st of every month to the 30th of each calendar month.

If you achieve the next rank requirement, you will automatically be ranked up and awarded higher rewards at the end of the month.

Platinum Star Rewards

Rewards are paid out in full at the end of each month. The funds will be credited to your account automatically.

In case of ranking up during the month, you will get the higher reward for that month you ranked and your min now becomes bigger.

In case you do not reach the minimum requirement for your current rank, you will be ranked down and will not receive the cashback for that month.

Platinum Star Requirements

Every-time you play any cash game or tournament/sit n go, you pay rake to be able to play these games.

You must meet the minimum monthly rake volume to keep or rank up to this rank or else you will be ranked down.

All calculations are done from the 1st of every month to the 30th of each calendar month.

If you achieve the next rank requirement, you will automatically be ranked up and awarded higher rewards at the end of the month.

All-Star Rewards

Rewards are paid out in full at the end of each month. The funds will be credited to your account automatically.

In case of ranking up during the month, you will get the higher reward for that month you ranked and your min now becomes bigger.

In case you do not reach the minimum requirement for your current rank, you will be ranked down and will not receive the cashback for that month.

All-Star Requirements

Every-time you play any cash game or tournament/sit n go, you pay rake to be able to play these games.

You must meet the minimum monthly rake volume to keep or rank up to this rank or else you will be ranked down.

All calculations are done from the 1st of every month to the 30th of each calendar month.

If you achieve the next rank requirement, you will automatically be ranked up and awarded higher rewards at the end of the month.

Finding the best Bitcoin Online Poker

If you are a serious online poker player, you have probably heard about an alternative to depositing real money into your online poker accounts. A new type of currency has slowly been gaining momentum and may change how we purchase goods, services, and even the way we play internet poker.

Bitcoin (BTC) is a form of digital currency (also called a cryptocurrency) that can be traded between two people anywhere in the world, including for chips with online Bitcoin poker sites.

The list of places that accept Bitcoin grows each day, and includes Amazon, Overstock.com, the NBA's Sacramento Kings, and of course many online poker Bitcoin sites. There are also Bitcoin exchange programs that allow you to trade BTCs for real cash.

Our top rated Bitcoin site for May 2018 is BetOnline .

What is so good about our recommended sites?

  • Regular promotions and good bonuses
  • Popular games with soft competition
  • Very good apps for mobile gaming

Bitcoin at a Glance

Developed in 2008, Bitcoin is a digital currency that can be traded between two parties located anywhere in the world. It is continually growing as a currency, and it’s an increasingly common experience to find yourself on a site accepting Bitcoin. Internet poker using Bitcoin is also on the rise, and it has found its way to a small number of online poker rooms. While playing online poker with Bitcoin is still unavailable at most sites due to its newness, depositors of the currency favor it for its efficient, secure and low-cost features.

The Ins & Outs of Bitcoin Poker

Bitcoins can be acquired in a variety of ways, the most common being buying them from specific sites, receiving them as a form of payment, or through a process called 'mining'.

A Bitcoin miner is a free application that users install on their computers to generate, or 'mine', Bitcoins. The connected network of all these miners adjusts the amount of BTC created so they are generated at a frequency that is predictable and doesn't flood the market. Once 'mined', an electronic signature is added and the currency is now permanently in the network for distribution and exchange.

What are the advantages of using Bitcoin to make a deposit?

Though it can be tricky to find a poker room that takes Bitcoin, there are many advantages to having it as your deposit method of choice. Firstly, transactions take place very quickly. As Bitcoin is exchanged via a peer-to-peer system, you send funds directly to your recipient without the intervention of a third party. Secondly, you won’t have to provide any personal information when you deposit on a poker site that accepts Bitcoin, making it a safe and secure option for those uncomfortable with sharing information online. Lastly, because the cryptocurrency’s operational costs are cheaper, you will usually find that a poker room that takes Bitcoin has a lower rake charge. Players get to keep a greater portion of their winnings when playing internet poker using Bitcoin.

Bitcoin Poker vs. Real Money Poker

To be able to make withdrawals, transfers, and deposits with Bitcoin, you will need what is called a "Bitcoin wallet". This is similar in concept to your internet banking or PayPal account.

A big difference between using a Bitcoin wallet versus a website like PayPal is that the latter has to be tied to a bank account. Bitcoin wallets are typically considered more secure and horror stories of Bitcoin-accepting sellers getting hit with account freezes and chargebacks are non-existent.

The wallet needs to live on your hard drive and you will need to know its 'address' to receive BTC. Wallets can also be accessed on your iPad, iPhone, Android, or similar device.

The Benefits of Going All In With Bitcoin

One of the main reasons for Bitcoin's popularity is that there is no possible way for third parties (i.e. the government) to seize or freeze your Bitcoin wealth. This also means there is no way for any party to ever tax your Bitcoin income or spending. The currency is also completely private as no one except each wallet's owner will know how many Bitcoins someone possesses.

There are also no transaction costs or waiting periods associated with transferring around Bitcoins, unlike traditional banking or even PayPal. The entire system is a lot quicker and more secure than traditional currency, which would only require knowledge of a few authentication details to steal money. With Bitcoins, a thief would need have to have access to a user's physical computer in order to send BTC to their own account.

The Bitcoin Poker Downsides

While BTC is becoming more widely accepted, the amount of places that welcome Bitcoin are still sporadic and limited. The market and value of Bitcoin is also wildly unstable and unpredictable, leading to possible confusion in transactions.

Also, because accessing Bitcoin requires physical access to whatever device they are stored on, Bitcoins could be 'lost' forever in the event of a hard drive crash, or if you lose your device. With no way to get them back, you could go from being the richest Bitcoin owner alive to being Bitcoin-broke if someone smashed your hard drive.

Poker Sites That Accept Bitcoin

There are many top Bitcoin gambling sites, though it can be considered risky to play on newer sites because of the aforementioned downsides. Check our reviews for safe places to play poker with Bitcoin

And if you're worried about the legalities of Bitcoin Poker, don't sweat it. Since Bitcoin is unregulated and legally considered a commodity as opposed to a currency, laws against depositing and playing online poker with American dollars do not apply on US Bitcoin poker sites. In addition to America, this also applies to Europe and the rest of the world.

The Future Of Bitcoin Poker Sites

As Bitcoin gains more and more acceptance across the world, the number of top poker sites Bitcoin is valid on will continue to grow. With instant transfers and no transaction fees, Bitcoin will likely become invaluable to serious online poker players.

How To Deposit for Online Poker with Bitcoin

  1. In order to be able to deposit at a poker site that accepts Bitcoin, you first need to create a wallet so that you can purchase your digital currency. A list of e-wallets which support Bitcoin are listed at https://bitcoin.org/en/choose-your-wallet. You can find clients for computers, tablets and mobiles.
  2. Once you have downloaded an e-wallet which supports Bitcoin, you can purchase the currency through various exchanges which can be found at http://howtobuybitcoins.info/. Bitcoin you have purchased will be stored in your wallet, which you can then use to deposit at a poker site.
  3. Once you have found an online poker site accepting BTC, go to the cashier page and select Bitcoin as the payment option. You will need the recipient Bitcoin address so that you can deposit money into your poker account. When you pay, you will be redirected to your Bitcoin wallet for completing the transaction.

Frequently Asked Questions

Can I use Bitcoin at online poker sites?

Yes! Though it's not yet universally-accepted, there are many top online poker rooms such as the ones listed on this page) that accept Bitcoin deposits, withdrawals, and wagers. Any internet poker site will list alongside their other welcomed currencies if they accept Bitcoin or not.

Is this available in any country?

Part of BTC's appeal is that it knows no borders in terms of acceptance, meaning it can be traded with online poker palyers on the other side of the world without having to worry about transaction or conversion fees. Just know that some online poker sites won't accept players from certain countries, regardless of if they are gambling only with Bitcoin or not.

Are there sites that specialize in Bitcoin poker games?

Yes! And on this page we have listed the top online poker rooms that both accept and specialize in BTC gaming.

Is Bitcoin poker legal?

Yes! Playing with Bitcoin is not prohibited because it is not yet recognized by governments as legal tender. Just know that some European poker rooms will block the IP addresses of American-based players, even if they are only trying to play with Bitcoin.

Is it a safe payment method?

Absolutely. Anyone trying to steal your Bitcoins would not only need the log-in information to your digital wallet, they'd also have to get a hold of your physical device. Much more difficult than someone simply hacking your bank account from the other side of the world!

Are poker winnings processed and paid back in Bitcoins?

It depends on the online poker site, but typically whatever currency you deposit with (including Bitcoin) can be processed and withdrawn the same way.

Am I eligible to receive poker bonuses?

Like playing with USD, the Euro, or any other currency, the bonuses you receive at Bitcoin online poker site are going to vary. Most (if not all) Bitcoin poker rooms will offer bonuses and incentives for players just like any other online poker room would.

Can I use Bitcoins when playing on a mobile device?

Yes! If you have a Bitcoin wallet on your mobile device and are playing on a mobile-friendly online poker site, you can wager your BTC just as you would if playing on a desktop computer.

Are there any advantages to using Bitcoin for online poker?

Many! One of the most popular reasons for Bitcoin's rise in usage is that third parties (such as the government), can't freeze, seize, or tax your wealth. This is in part due to the currency being completely private, meaning no one except you can see how much BTC is in your wallet.

Another reason so many love Bitcoin is that the transactions are instantaneous, unlike wit PayPal, traditional banking, and other services. Not only is this much more convenient, it adds another element of security to your transactions.

What are the disadvantages of using Bitcoin to play poker?

Bitcoin is not yet universally-accepted and it can be frustrating trying to find a bitcoin-accepting online poker site with all the features that you enjoy most. The BTC market is also an unstable one, which means the cryptocurrency's value can swing wildly from day to day. And because the currency is tied to a physical device, a crash or loss of the device could mean losing all of your bitcoins as well.

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