Bitcoin And Poker
Bitcoins have value because people find the Bitcoin protocol to be a useful means of value transfer. Because there is a fixed amount of bitcoin, the value is purely determined by aggregate supply and demand. So it’s like a currency, but it isn’t backed by a government?
That doesn’t seem right. Bitcoin begs the question: “Can there exist a currency backed purely by mathematics and computing power, instead of a central issuer?” Government backed fiat currency has long been the norm. In a fiat system, units of currency can be added or subtracted at the whim of the issuer.
Staunch Bitcoin supporters feel it’s no advantage to the health of a currency when a few people have the ability to make arbitrary changes to it. With fiat currencies, the issuing government is charged with protecting all aspects of the currency, including counterfeiting.
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- Ignition is one of the most popular poker sites accepting bitcoin for US and AUS players. Since 2011, Ignition has built for itself an excellent reputation for being one of the best crypto poker sites offering user security and the full regulatory compliance of a US poker room.
In the case of Bitcoin, math and computing power replaces government. The anti-counterfeiting duties are performed by computer code, and have never been defeated. There are many other aspects to consider on the subject of mathematics and distributed power currency governance. The Bitcoin project is truly an economic experiment.
The poker industry was a particularly interesting case. Bitcoin was launched a couple of years before the Black Friday travesty, but it still took a few years for players to start pushing for mainstream poker platforms to accept cryptocurrencies. After all, this was the perfect solution to avoiding the money transfer issues with US banks.
Online poker with bitcoin offers high-paced gaming action, and is largely considered to be one of the top games in the world. This highly competitive game takes skill, patience and strategy – make sure that you up your game with exclusive bitcoin and crypto poker resources at Gamblingbitcoin.com. From bitcoin poker tips and strategies to helpful poker rules and guides, reviews and everything else you need, we offer the ultimate resource to help you hone your skills. Whether you are new to bitcoin poker, or you are an established player hoping to improve your poker strategy, this is the place where you will be able to learn more about the highly popular bitcoin game of poker.
TOP 5 BITCOIN POKER SITES
1.Ignition Casino poker
It’s no secret that Ignition offers some of the very best poker tables around. New and seasoned players alike can try their hands with bitcoin at Ignition’s poker room. As part of their 150% up to $1,500 deposit poker bonus (if they deposit in Bitcoin), players can also take advantage of the ‘Tell A Friend Bonus’, allowing them to cash in with 200% of their friend’s first deposit up to $100, plus an extra $25 when their deposit is made using Bitcoin. Ignition bitcoin poker also boasts top-notch tournaments (Sit-and-Go, Turbo, Mad Monday) with more than $2 million guaranteed each week and anonymous poker tables. Full Ignition poker review
2.Nitrogen Poker
A browser based Bitcoin poker site that is easy to navigate and allows you to play pseudonymously. With a “swag store”, VIP program, plenty of Bitcoin poker tournaments and constant promotions, the site is a great place to play. Security is top notch and support is legitimately on the ball. Withdrawals are instant and it’s a great place to play. The only downfall is that the community size is a bit small but is sure to continue to grow as the site improves. Full Nitrogen poker review
3.SWC Poker
SWC Poker was the king of online Bitcoin poker. With tables at all stakes, heads up, 6 and 9 max tables of any poker variation and an onslaught of continuous buy-in and freeroll poker tournaments kept this site at the top for a long time. The krill program allows players to earn some of the rake back but it has lost its competitiveness as other sites are now doing the same but with more promotions and bonuses. The Bitcoin poker community has slowly migrated to other sites as big name fiat currency sites have adopted Bitcoin as a payment method. While still a good place to play, the community has dried up significantly. Full SwC poker review
4.Americas Cardroom
ACR have gone all-in on cryptocurrencies. The poker site is accepting 60 different cryptos including Bitcoin. Poker players on ACR won’t have to worry about declined credit cards anymore: now they can use cryptos for deposits & withdrawals as they are convenient, fast and secure. Is it your first time deposit? Then get a 200% bonus up to $1,000 when using a cryptocurrency. Full Americas Cardroom poker review
5.CoinPoker
CoinPoker is a crypto-based poker site created by players for players. Conventional poker rooms return just a little piece of the rake in game fees that you pay, while CoinPoker keeps nothing and uses all the expenses to profit the players. Secure and lightning fast deposits/withdrawals are made achievable with ETH, BTC and CHP tokens. CHP is the own currency of the CoinPoker room. Their decentralized RNG allows crypto players to participate in the shuffling process and confirm that the cards were dealt fairly. Full Coinpoker review
MORE BITCOIN POKER SITES
Video poker gained access to the casino in the 1970’s; and is right now one of the most favorite forms of bitcoin gambling. For the gambler who enjoys a game of skill, a minimal house edge, chance to win big and the pseudonymity of playing alone with bitcoin, there is nothing different that can compare to bitcoin video poker. If you’re a fan of BTC video poker then you will want to check out our free no-download game list. Play some of the largest variety of bitcoin video poker including Jacks or Better, All American, Tens or Better, Five Draw Poker, Double Down Stud, Split Way Royal, Deuces & Jokers, … and more. All the bitcoin video poker listed below are provably-fair!
TOP 5 BITCOIN VIDEO POKER SITES | |||
ROOM | POKER GAMES & BONUS | PLAY NOW | REVIEW |
1 | Jacks or Better, Wild Texas. 100% First deposit bonus | ||
2 | Japan poker, Wild Texas, Jacks or Better. 100% First deposit bonus | ||
3 | 14 video poker games, 0.5BTC unlimited high roller bonus | ||
4 | Classic Video Poker. Low house edge and Progressive jackpot! | ||
5 | Jacks or better, Tens or better, Bonus poker. Win up to 12 BTC ! |
Bitcoin Poker No Deposit Bonus
Bitcoin Poker Reddit
With so many bitcoin poker variations currently enjoyed online by millions of fans, players are certainly spoilt for choice. The most popular bitcoin version is of course Texas Hold’em; however other games such as Ohama, Seven Card Stud or Ohama Hi/Lo are also starting to become more prevalent – all offering guaranteed action and a chance to put your wits and skill to the ultimate test. Whichever variant you prefer, you now have the chance to excel and hit the big league with the help of our world-class bitcoin gambling resources. At GamblingBitcoin.com we aim to provide you with the most informative resources on the most popular bitcoin poker games on the web, to give you more chance to win big in the online rooms. Learn more about the hottest games, and arm yourself with knowledge – all with the help of our handy guides and tips.