Play Online Poker with Bitcoin
Cryptocurrency poker rooms are conventionally divided into two categories. The first group includes institutions that support free bitcoin poker and offer a game with the conversion. By making deposits in cryptocurrency, money is transferred into regular currency. When withdrawing funds, they are re-converted, allowing you to receive prize money in digital coins. Alternatively, winnings are paid in dollars or euros.
The poker room does not offer separate tables, tournaments for playing for bitcoins, allowing you to play with a common pool of players, finding rivals at any time. But a small commission is charged when converting.
The second category of rooms offers bitcoin games. The poker player is not charged a commission. When the cryptocurrency rate jumps, the player does not lose anything – there are digital coins on the game account and not the converted currency.
The second group of BTC POKER establishments are ordinary online poker rooms that have added a new payment method to their cashier, which allows you to replenish your account in cryptocurrency for playing poker on Bitcoin. They do not open separate tables, since bets are made only in real currency, for example, dollars or euros. The user, replenishing the account in crypto, receives money for the game on the balance at the exchange rate, and upon withdrawal, a reverse conversion is performed.
How Cryptocurrencies Work in Online Poker
- You need to open an account on an exchange or in an exchanger.
- Then, you are to choose a convenient method of buying poker bitcoin.
- After this, you should sign up with a poker room that accepts cryptocurrency deposits.
- And finally, you must make a deposit according to the instructions of the online poker bitcoin room and start playing.
Bitcoin is not the only cryptocurrency used for poker gambling, but it is the largest, most expensive, and reliable one. There are hundreds of cryptocurrencies in the world, some are issued by poker rooms and are used in them to play for money. But Bitcoin remains the main and most popular cryptocurrency, which is why in some poker rooms this is the only option for depositing digital money.