Though Bitcoin may still be foreign to some who play online poker, the crypto-currency has caught on in a big way in online gambling markets. This is especially true for jurisdictions that have prohibitions on iGaming or where the activity is still a grey area under the law.

1. Bitcoin Poker Sites
2. Party Poker Bitcoin
3. Play Online Poker With Bitcoin
4. Play Poker Online With Bitcoin
5. Best Bitcoin Poker Site

Though we know that playing online poker is legal federally, and only criminalized in a few states, that doesn’t stop the government from going after offshore sites. Bitcoin is extremely advantageous in this respect, and it’s also free at most sites for players to send and receive bitcoins.

Bovada Poker is our recommended bitcoin poker site for US players. Bovada occupies a special place in American poker history, as it has been in the online poker industry since 1994. Bovada offers one-stop gambling services, including an online casino, sportsbook, racebook, and live/in-play betting. A Step-By-Step Guide to Using Bitcoin For Internet Poker, Sports, Casino (Anything Really) Blockchain.com is used as an intermediary to add another level of security and anonymity. Using both of these sites in conjunction (as our guide instructs) ensures maximum security, anonymity. Oct 11, 2016  For poker enthusiasts, it can be hard to make a selection from the many choices. One of the many obstacles for online poker players is the legality of the game. Some countries like the US have banned online poker operations. Fortunately for poker fans, Bitcoin allows people to play from as many locations as possible. Mar 19, 2015  If you have a different kind of cryptocurrency or alt coins and you would like to know how to exchange them for Bitcoins (or a portion thereof) so you can play poker online at Betcoin see the. Bitcoin Texas Hold’em: How does it differ from traditional poker? Before you can start playing poker with Bitcoin, you must first understand how the game works. So let’s take a look at what you can expect to encounter. In order for a game of Texas Hold’em to kick off, there must be at least two players at the table and a. The Best Online Bitcoin Poker Sites. While there are not (currently) a lot of places to play poker online using Bitcoin (or other cryptocurrencies for that matter) there was a very well developed poker room called Seals With Clubs that is no longer in existence. Seals With Clubs. NOTE: Seals With Clubs Poker is no longer operating.

What is Bitcoin?

Bitcoin is a form of digital currency that is created and held electronically. The currency uses encryption technology to regulate the creation of currency, corroborate the transfer of funds, and most importantly it operates independently of any central bank or government.

That makes it different from any other currency in the world. It can be used just like any other currency, to purchase products online, but the significant difference between Bitcoin and fiat currency is that it is decentralized.

Bitcoin, in a sense, allows users to be their own bankers. Funds cannot be frozen and transactions cannot be reversed. This is a double-edged sword when it comes to using bitcoin, but is one that makes it especially attractive for offshore operators.

Bitcoin’s Rising Popularity

Bitcoin was first launched in 2008 by a software developer named Satoshi Nakamoto. The name is widely accepted to be an alias[A], and the true creator(s) of Bitcoin is not known to the public. At the launch there was little noise about the crypto-currency, except for a few internet forums.

In 2011, Bitcoin began getting mainstream coverage as more and more people started using it. Bitcoin exchanges began popping up on the web, and suddenly, merchants around the world began accepting it as well.

Today, million and billion dollar companies, like Dell, Overstock.com, and Newegg.com accept Bitcoin, along with tens of thousands of other offline and online merchants. Bitcoin is surely out of its infancy, but still has a long way to go in terms of being adopted by the masses.

However, the currency has now become a regular option at offshore poker rooms due to a variety of advantages when compared to fiat-currency and more traditional payment processing methods, such as credit cards, money transfers and bank wires.

Costs

Payment processing is one of the biggest costs that a gambling site has to endure. Not only does it cost money to process credit cards, bank wires, and money transfers, but transferring funds between banks can be troublesome for offshore operators.

Not only that, but with the US government viewing the activity of these as criminal, they invest time and money into freezing their assets, seizing their domains, and if possible charging their owners criminally.

The issue of chargebacks is another problem. Many players will call their credit or debit card company and issue a chargeback if they’ve lost all of their deposit funds at an online poker room. It’s relatively easy to issue a chargeback against a “foreign transaction” on your card that you “have no idea about”.

Making matters worse, there are some situations where a player may receive a payout and also file a chargeback. In this case, the poker room doesn’t just lose the deposit amount, but they can lose double the amount, if they process a withdrawal for the player and the chargeback is successful.

Bitcoin eliminates chargebacks completely, but even putting fraud issues aside, it vastly reduces processing costs, to almost nothing. Sending bitcoins is free, or costs very little (usually just a few cents), making them an ideal currency for transferring money not only in gaming markets but for any business that wants to save money on transaction fees.

Speed

If you take a look at our monthly processing report, which tracks monthly processing speeds from the top offshore poker rooms, the difference in speeds between Bitcoin and traditional fiat-currencies is stark, and as mentioned above, they cost a lot less too.

Check and bank wire withdrawals normally take 1-2 weeks, and withdrawals back to cards can take up to a week as well. Both have associated fees. Money transfers are quick, usually processed in 48 hours or less, but come with hefty fees compared to other methods.

“Most sites process bitcoin withdrawals within 24 hours. Some sites process them instantly.”

Some sites charge small fees for processing bitcoin transactions, but most are free. Once sent, bitcoins can be received in a matter of minutes, and typically doesn’t take longer than a few hours. This beats just about every withdrawal method in terms of processing speed, and obviously cost.

Most sites process bitcoin withdrawals within 24 hours. Some sites process them instantly (usually bitcoin-only poker site), and the withdrawal process starts immediately after players request it.

Using Bitcoin

Although Bitcoin has grown immensely in the less than five years that it’s been in the public consciousness, it’s still tough for the average person to wrap their head around the idea of a digital currency.

Choosing a Wallet

The first step to obtaining Bitcoin is by signing up for a bitcoin wallet or exchange. We recommend Coinbase.com[B], as it’s extremely simple to use for people who are new to Bitcoin. There are plenty of other wallets available, including mobile-only options, but Coinbase is extremely user-friendly and has excellent security.

Coinbase links to your bank account, so it makes buying bitcoins easy when you link your bank account. Users can link a credit card to allow instant buys. Selling bitcoins, or converting your bitcoins back into USD can be done instantly as well.

The fee for both buying and selling Bitcoins on Coinbase is just one percent. Which, if you have read the above costs for other deposit and withdrawal methods is an unbelievable bargain. However, there is one aspect of Coinbase that may be troublesome for online gamblers.

Coinbase has banned users from using their service[C] if they send bitcoins to online gambling sites. For this reason, we recommend players first send their bitcoins to another wallet before depositing them into an online gambling site.

Coinbase can still be utilized for buying and selling bitcoins, but we recommend sending them to online poker rooms through another wallet and storing them there as well.

Blockchain.info[D] is one of the best online wallets on the web. It’s totally free to store, receive and send Bitcoin payments. We highly recommend it as a wallet.

Bitcoin Addresses

A bitcoin address acts similar to an email address, but also has the ability to receive funds. Addresses are between 26-35 alphanumeric characters with each being a destination for a possible bitcoin transfer.

Sample Bitcoin Address: 3J98tWpEZ73mQivernRywt

Sending bitcoins to someone else (or to an online poker room) is as simple as getting their bitcoin address and sending the coins through a wallet or exchange.

Bitcoin addresses can be generated automatically, with no cost. For security purposes and for extra anonymity, we recommend that users use a unique or new Bitcoin address for each transaction.

Bitcoin addresses are case-sensitive and must be entered exactly as they appear. Remember, bitcoin transfers are not reversible, if you make a mistake, there is a good chance your bitcoins may be lost forever. Check, and double-check your address before you send your bitcoins.

Using Bitcoin Offshore

Bitcoin Poker Sites

Online poker rooms that accept Bitcoin will provide players with an address when they choose that option in the cashier. When it comes to cashing out, players simply provide the poker room with the BTC address where they want the coins sent.

Bitcoins will be converted into USD for play at the tables (unless you’re using a BTC-only poker room) once they are received by the poker room. The conversion rate will vary depending on the exchange that the poker room uses for their conversions, but most should be around the same amount, give or take a few dollars.

One of the issues that players may fear with Bitcoin is price fluctuations. The crypto-currency’s price does change daily, and there have been notable crashes, but for the most part it’s relatively stable.

For those worried about that, risk can be minimized by holding limited Bitcoins. Keep in mind, your funds are kept in USD when inside the poker room, so the value won’t change while it is in your account or at the tables.

Once the funds are cashed out, players can sell the coins for cash almost instantly, reducing the risk of price fluctuations. They can also use a different method for payouts, if they absolutely don’t want a price change from their original deposit.

Bitcoin’s value does change daily, but it has been one of the best investments in history over the past several years. On January 1^st 2013, one Bitcoin was worth $13. As of late November 2017, it has a price of $8,238; a substantial increase to say the least.

Author: Tania
(C) Copyright PokerWebsites.com, 2018

References and Citations

Involved with Bitcoin or other cryptocurrencies? Make it work for you - win Bitcoin online and boost your e-wallet!

Since a few years ago, Bitcoin and other cryptocurrencies have flooded many fields of our everyday life. From online shopping to getting scholarships for online courses, blockchain and crypto took the world by storm.

And it didn't take long for online Casinos to notice something so groundbreaking.

The possibility to play with Bitcoin at online Casinos cannot even be called new anymore. But the more it develops, the better it gets.

At first, it was just a possibility to deposit or withdraw using Bitcoin. The games would still be set in euros or the currency of your choice.

But now, if you play at the right Casinos, the bets are also in Bitcoin. There is a special section for Bitcoin games, unique bonus offers for Bitcoin players, and a possibility to deposit/withdraw in more than one cryptocurrency.

That makes winning Bitcoin online so much easier and removes the hassle of finding games to play.

But even if you find such games, how to know if they are any good and pay well?

That’s what this article is for.

Read it carefully and choose the games that appeal to you the most.

All of them are carefully chosen based on our criteria how to find the winning games, so no matter which one you choose, it’s a safe bet. Ruby slots casino no deposit bonus codes.

How to Win Bitcoin Online

So how does one win Bitcoin online? Well, first, you need to have Bitcoin.

For that, you will need to open a crypto exchange account and e-wallet for keeping your crypto safely. At the exchange, you can buy Bitcoin and, by using the wallet, send or receive payments.

Then, open an account at Bitcoin Casino, make a deposit, and play the games to win Bitcoin online.

It is slightly more complicated than depositing or withdrawing currencies like pounds or euros. And the option to play with Bitcoin is not available at every Casino. With other cryptocurrencies, the options are even more limited.

But playing with Bitcoin does provide an additional layer of safety. Plus, crypto transfers at online Casinos are free and instant.

Once the deposit is made, open the selection of games to play, bet, enjoy, and reap the winnings. The withdrawing process is similar to depositing.

Best of all, the chances of winning Bitcoin are limited mostly to online Casinos. Unless you bet or gamble with random people online.

And at Casinos, not only you can win Bitcoin online but also get free Bitcoin if you are lucky enough to find an awesome Casino bonus.

It works the same way as any other deposit bonus. You deposit some and then get double or triple more money (or crypto) to play with.

Best Games to Play to Win Bitcoin Online

Bitcoin Slots are one of the best Casino games you can play to earn Bitcoin and other cryptocurrencies online.

They are simple, rules barely change from Slot to Slot, and, the best of all, the variety of different Slots is just magnificent.

You can find Slots related to any sport, movie, TV series, food, activities you like, or anything else.

And I mean anything.

Slot themes go as wild as the creativity of developers. And they are getting paid for creativity, so you get the idea.

Don’t believe me? Keep reading to know about the best Slots to spin and win online Bitcoin and see if any of them peaks your interest.

Satoshi’s Secret

Did you know that the person who invented Bitcoin is called Satoshi? It may be his (or her) real name or alias (we will probably never know) and there is an entire Slot dedicated to him/her and Bitcoin.

If you are a true Bitcoin enthusiast, Satoshi’s Secret by Endorphina might be the best Slot to play. Especially, since you can actually win Bitcoin online playing it.

The Ninja

Who doesn’t love the good old Ninja theme? If those are your thoughts exactly, play the Ninja Slot using your Bitcoin funds.

This Slot by Endorphina is full of Ninjas and their weapons. The music and Ninja sounds will keep you on the edge as you spin the reels and hit one or more of the 20 paylines.

Book of Pyramids

Egypt theme is extremely popular at online Casinos and Bitcoin Casinos are not an exception.

But if you want to get a true Egyptian feel when playing with Bitcoin, try Book of Pyramids by BGAMING.

This Bitcoin Slot celebrates all things Egypt - Egyptian symbols for Anubis, the deity Ra, pharaohs, cats, and mummies. It will take you inside the pyramid. That's where the treasures await.

Jetsetter

Pretty women, badass cars, expensive yachts, Casino gambling, and lots of cash? It is not a James Bond movie but the Jetsetter Slot machine by Endorphina.

Want a taste of luxury life? Then spin the reels of this Slot and win Bitcoin online.

The Slot also has a Take Risk feature after every win in case you want a taste of danger, too.

Always Fruits

If you are faithful to the good old fruit slots, Always Fruits is the Slot to win Bitcoin online that will fit you well.

This Bitcoin Slot by Amanet is extremely simple and all the symbols represent fruits.

There is a gamble feature, too. It lets you gamble with your winnings by guessing the color or the suit of the upcoming card.

Hawaii Cocktails

Now seriously. You can say all the other Slot themes are not interesting but if you tell me you wouldn’t like to lay on the beach in Hawaii and sip some fruity cocktails, I call you bluff.

BGAMING Slot Hawaii Cocktails teleports you straight to Hawaii. Any kind of cocktail you like - it’s there. And let’s not forget about the palms, calm exotic tunes, and ocean all around.

I won’t be surprised if after playing this Slot you will book a ticket to Hawaii with your Bitcoin winnings.

Safari

Another Slot trip you can make is to Africa. Endorphina’s Slot Safari is the right choice for that. Wild animals, exotic photography, and adventures await if you choose to spin and win online Bitcoin with this Slot.

The Slot has a gamble feature and 50 ways to win. The graphics are gorgeous and detailed. You risk wishing to go on a safari for your next holidays if you play this Bitcoin Slot.

The Vampires

Want something creepy instead? Then play Bitcoin Slot The Vampires.

But first beware. It’s not a cheesy love story between a vampire and a human. It’s a scary Bitcoin Slot with a lot of vampires, blood, bats, guns, and stakes instead.

Don’t play this at night.

Or do. You never know when you land the lucky symbols and win the maximum of 250.000 coins.

Lucky Sweets

How about something sweet? A cupcake, some ice cream, or a pie? You can have it all at Lucky Sweets Slot by BGAMING.

Five reels, three rows, and five paylines filled with the most delicious and beautiful desserts. And no need to worry about the calories!

Disclaimer: Don’t blame me if you feel the urge to eat something extremely sweet after spinning this Bitcoin Slot.

Wicked Witch

Witches bring about different associations to different people. Maybe now they remind you of some teenage TV series or Halloween movies. But after playing the Wicked Witch Slot, the word 'witch' will remind you of Bitcoin, Slots, and winnings.

Visually, it’s one of the best Bitcoin Slots ever. But an even better thing about this Slot is its return to player of 97.99 percent.

Find a fantasy Bitcoin Slot looking this good which beats that. And then we can talk.

Treasure Diver

How far would you go for a treasure? They say the Sky is the limit, right? But how about diving deep into the ocean instead?

If underwater life fascinates you, try the Treasure Diver Slot to win Bitcoin online.

Not only you will have a chance to win one of the two progressive jackpots, the game is also so full of free spins, it’s difficult to find anything like it.

The Spanish Armada

If history is what makes you tick, then it’s time to remember the good (or not really) old times of the Spanish Armada.

No need to open a history book or Wikipedia just yet. Relive the history by playing The Spanish Armada Bitcoin Slot by Belatra Games.

Will you win the battle and change the history? Maybe not. But you definitely can win Bitcoin online this way.

The Big Deal

A Casino game based on Casinos? Why not!?

Three-row five-reel 25-payline masterpiece filled with drinks, chips, money, cards, jewelry, pit bosses, and all things Casino.

If you play with Bitcoin at home, this Slot is here to create the feeling of land-based Casino gambling. Which can’t hurt, right?

Except you have a lot more options for your wager if you play online. Including four types of cryptocurrencies if you play this Slot at PlayAmo Casino.

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Tesla: Spark of Genius

Yes, even Tesla has his own Slot. Let’s just say that important discoveries don’t get unnoticed by the Casino software developers.

You can give credits to Tesla’s achievements, too. While you can’t thank him for his contribution to the electric power as we know it today (how else would you access Casino games online), you can play the Slot Tesla: Spark of Genius named after him.

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Who knows, maybe the winnings will be enough to buy a Tesla car to commemorate the guy even more.

Taboo

Endorphina doesn’t get scared easily just because something is considered a taboo. You can see it for yourself in their BDSM-themed Taboo Slot.

Handcuffs, whips, deadly high-heels - this Slot has it all. All black and red, it will trigger your deepest fantasies.

Or not.

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Aztec Magic

The ancient civilization of Aztecs attracts the attention of many Slot game developers. But I haven’t seen an Aztec Slot that would pay more than Aztec Magic by BGAMING.

No wonder the Slot got a second edition - Aztec Magic Deluxe. But before you play the follow-up Slot, try your luck with Bitcoin at the original Aztec Magic.

Stone Age

Endorphina again. From the stone age to modern times, it has everything covered. And you can play everything to win Bitcoin online.

If you choose Stone Age for this purpose, then the wall paintings, ancient hunting weapons, and jewelry will be what you see on the reels. And 20 paylines will be what you hope to hit while they spin.

The Stone Age Bitcoin Slot is visually appealing, has calm ancient tunes, and will be a refreshing change from modern full-of-everything and noisy Slots.

Slot of Money

Slot of Money? Can it get more basic than that?

Well, probably. But you have to admit, Slot of Money sounds very simple and on point.

And that’s what we're looking for, right? Slots and money. Or a Slot and Bitcoin in this case.

You can have both when playing this Slot by GameArt.

Play Poker Online With Bitcoin

Pontoon

Last but not least game to try with Bitcoin or other cryptocurrency is Pontoon.

While it’s not a Slot and has more complex rules, it will be a delight for anyone who enjoys Blackjack or other card games. Especially the ones that require strategy to win.

Do you have what it takes to win Bitcoin online by playing cards? Then open Pontoon and enjoy Bitcoin gambling to the fullest.

Be sure to complete your PokerNews experience by checking out an overview of our mobile and tablet apps here. Stay on top of the poker world from your phone with our mobile iOS and Android app, or fire up our iPad app on your tablet. You can also update your own chip counts from poker tournaments around the world with MyStack on both Android and iOS.

Best Bitcoin Poker Site