There are more than 100 million poker players, and the number is increasing day by day. It has grown into the most famous card game. Once a choice of the elite and considered a luxury icon, poker has ruled the casinos, backrooms, and lounges. Online casinos have elevated every aspect of the poker game, and have made playing poker much easier and more accessible
Cryptocurrencies are gaining popularity and are replacing the old-school currency trading methods. Bitcoin is one of the most famous cryptocurrencies and has become a number one choice for gamblers. Many players like playing with the platforms that support the integration of Bitcoin, like Bovada. This platform offers Bitcoin slots and poker where you can use cryptocurrency to play instead of regular currency. There are various other platforms that allow cryptocurrencies with different perks. Let’s discuss some advantages and risks of using Bitcoin for online poker.
What Are the Benefits of Using Bitcoin for Poker?
Privacy is something we all cherish, and bitcoin lets you bet anonymously. A digital currency is not trackable, which helps many players to hide their real identities for gambling. Experienced punters usually invest a few bitcoins and expect their returns in Bitcoins, making huge returns on their small investments. Investing in bitcoins also earns huge returns, plus it grows their investment portfolio. These gamblers keep a close eye on the market value and trade accordingly to make profits.
Many platforms charge different fees for transactions and transfers, but Bitcoin saves you from all that extra losses. This digital currency has no charges for transfer from a casino to a digital wallet. Bitcoin has removed the long waits for withdrawals and transfers by allowing instant withdraws and transfers on winnings. A lot of platforms and websites provide different perks and bonuses on deposits ad transactions in cryptocurrency.
Is it Safe to Play Online Poker with Bitcoin?
Cryptocurrencies are unregulated and decentralized, which means no central authority controls them. 24 hours trading all year round makes digital currencies much more volatile compared to the standard currencies. Prices can shift in a blink of an eye and you might end up in trouble if you are not aware of the market value and trading trends.
Betting with Bitcoin requires a lot of care and basic knowledge. The most important part is finding a credible cryptocurrency wallet where you will store your Bitcoins. There are several platforms that offer storage services, offsite usage keys, and easy access to the funds. These wallets are commonly known as hot wallets. For online poker, you need three things: Bitcoin, Network access, and a secure poker site, and you are good to go.
The majority of online casinos accept Bitcoin and provide many other options for deposits, transfers, and investments. Online poker platforms are usually safe and have a professional staff for asset management. But this does not mean online poker is 100% safe and scam-free. You should invest and play with a credible, safe, and profitable platform.
Using bitcoin for online poker requires some knowledge, but once you are familiar with the process, you will find it one of the easiest and fastest ways to make deposits.
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We offer the highest EV poker software, and training tools available on the net. These are recommended and used by today’s top poker players from the world. We’ve been doing this since 2009 with the emphasis on offering unique and creative poker software that will help any level of poker player be a more thoughtful and successful player at the table. We’d invite you to check these titles out:
DriveHUD 2 – DriveHUD 2 is a poker database and HUD for your online poker play. It overlays a HUD on your online poker tables, and display vital stats about each opponent on your table. It tracks and records all of the hands that you play online. This allows you to review, re-play, filter, graph and analyze all of the hands you’ve played. So you can improve your poker game. LEARN MORE.
Asian Hand Converter – Asian Hand Converter allows you to track your online poker games and run a HUD on several popular Asian poker applications. It supports Poker King HUD, Red Dragon HUD, Bingo Poker (formally Hitea), PokerTime, PokerBros, and Upoker HUD. It works in conjunction with Holdem Manager, PokerTracker, and Drivehud (integrated into Drivehud). You can run multiple tables on these sites on your windows based PC with the use of most popular android emulators. The converter supports LDplayer, Bluestacks (beta), and Nox. LEARN MORE.
Leak Buster Software – Leak Buster is a poker software that interfaces with your Holdem Manager or PokerTracker database, and extracts key statistics about your play in order to find your largest poker leaks. Its unique scoring algorithm weighs the impact of your leak against average win-rates. And it suggests ways to correct those leaks through the use of videos (over 50) and written modules. LEARN MORE.
PokerZion – Get Started with PokerZion’s Proven Poker Training for $7! From over 12+ years of playing poker, combined with techniques and tactics used to win over $500k+ in cash games, this the most comprehensive structured learning course on no-limit holdem. And it’s only 7$! All lessons include a combination of poker training videos, written and audio modules, quizzes and articles. LEARN MORE.