Top 3 Reasons You Should Try Bitcoin Poker Sites
Bitcoin has been the word on everyone’s lips for several years now, although many people don’t really understand what it is or how it works.
The ultra-successful cryptocurrency has taken the world by storm, and despite all its ups and downs, it is still standing strong.
The online poker industry was one of the first to start using Bitcoin as a means for payments, mostly thanks to the greater anonymity and geographical freedom it provides compared to fiat currencies.
There are quite a few advantages to using Bitcoin for online poker, along with a few slight disadvantages that I will also mention.
But before we get to that, here are the top three reasons you should try Bitcoin poker sites at least once in your poker career.
3. Play from Anywhere You Want
The online poker industry is becoming more and more limited as time goes by. One after another, countries are limiting who can play at which poker sites, and this is significantly hurting the international poker ecosystem.
For a long time now, American players have not been able to play at major international poker sites, and players from France, Spain, Italy, Russia, and many other places are facing a similar problem.
Bitcoin poker sites, on the other hand, will let anyone play as long as they have the Bitcoin to make a deposit into their accounts.
This means that the player pool is theoretically bigger and that you can play against many inexperienced players from countries where regular online poker is very restricted.
If you happen to travel a lot, you can also benefit from the greater geographical coverage of Bitcoin poker sites, as they will let you log into your account as you travel from one country to another.
Bitcoin poker sites are ideal for anyone who simply wants to play poker and not be harassed by various legal obstacles that oftentimes don’t make too much sense.
2. Be as Anonymous as You Like
Online poker sites that deal with regular currencies require strict KYC procedures and a lot of hassle before they will let you cash out your hard-earned poker winnings.
Many Bitcoin poker sites, on the other hand, will allow you to do anything you like with your own Bitcoin and deposit and cash out as often as you like.
Cashouts from Bitcoin poker sites are usually lightning fast, and they don’t require you to confirm your identity at all.
This does open such sites up to problems such as multi-accounting, but other methods are put into place to prevent such forms of cheating.
The truth is that Bitcoin poker sites come with a certain dose of risk for the players. However, they also allow you to remain anonymous and not have to share your personal documents, credit card numbers, and identity with anyone.
1. Huge Bitcoin Bonuses
Last but not the least, Bitcoin poker sites tend to give away huge welcome bonuses to their players, and these bonuses are paid in Bitcoin as well.
By playing at a major Bitcoin poker room, you stand to get a lot more than you deposited, as playing real money poker hands clears parts of the bonus and adds them to your real money balance.
Of course, welcome bonuses are available at traditional online poker rooms as well, but Bitcoin ones are bigger, easier to clear, and more valuable.
At the end of the day, you will be playing against weaker opponents, you will get a better welcome bonus, and will be able to remain anonymous while receiving lightning-fast withdrawals at any time.
Are There Any Downsides?
As already mentioned, there are also some slight downsides to playing at a Bitcoin poker site, and these are not completely negligible.
For starters, these sites are usually not licensed by the biggest regulators in the world, which means there is more risk of them not being able to cover their deposits at some point.
Furthermore, the greater anonymity of players opens doors for multi-accounting, shadowing, and all sorts of other unsavory practices that make online poker less safe to play.
However, at the end of the day, Bitcoin poker sites are mostly safe and offer a player-friendly atmosphere that allows you to have fun and actually win at the same time.
The only way to know for sure is to try yourself, so check out a Bitcoin poker site and try playing some hands for low stakes to get a better understanding of how Bitcoin poker feels in real-time.