How Cryptocurrencies Can be Apt for Online Poker? - CryptoNewsZ

How Cryptocurrencies Can be Apt for Online Poker? - CryptoNewsZ


How Cryptocurrencies Can be Apt for Online Poker? - CryptoNewsZ

Posted: 31 Dec 2019 05:05 AM PST

Despite still being a novelty, cryptocurrency has become very important in various aspects of human interaction. Something of a global phenomenon, digital currency announces a revolution in the way we see and use money – some even believe there is a solid chance for cryptocurrencies to replace fiat money and take over the future. One of the uses of cryptocurrencies that has been developing at a rapid pace is their use in the online gambling industry. Online gamblers are increasingly taking advantage of Bitcoin and similar virtual solutions to enjoy their favorite games, such as poker.

Why is using digital money so beneficial when it comes to playing poker online? Yes, it is trendy and makes one look tech-savvy, but that is not the only attraction. Crypto has the upper hand in all the relevant aspects of banking at online casino sites – safe, secure and rapid deposits with a healthy dose of flexibility and guaranteed anonymity. Cryptocurrency and online casinos share the same accessibility features; you can play from anywhere and using any device, from your PC to your smartphone and that's why many consider crypto payments and online casinos a match made in heaven.

Another factor that contributes largely to the popularity of digital money, bypassing the fact that one needs to invest some effort and learn how to use a crypto wallet to be able to make transactions on the internet, is privacy. Betting activities are something people tend to keep for themselves. Only the player is able to keep track of how much he is spending and earning and has the freedom to choose when and where to make transfers without leaving a trace. Both the user's identity and his financial information are safeguarded by the high-level-security system. That gives every poker player peace of mind, enabling them to focus on their play and maximize their potential.

Using Bitcoin or other crypto methods to play poker is empowering. The blockchain system eliminates the middleman and gives you more control over your spending. Embracing technology allows you to make effortless deposits and withdrawals in record speed.

Are there online poker sites that accept crypto? Of course! You'll be surprised to know that most of them have years of experience in the business and successfully process payouts in a matter of hours. Recommended poker sites support encrypted and decentralized cryptocurrencies where you can make transactions that can't be manipulated. From Bitcoin and Ethereum to Doge and Litecoin, there is a new platform of cyber-currencies out there for you. For starters, check here the detailed guide to poker sites accepting Bitcoin.

Bitcoin Casino revs it up a Gear with the Wild Trucks Slot - PC-Tablet

Posted: 28 Dec 2019 11:19 AM PST

Habanero is a rapidly growing casino software developer. Over the last few months, several new slot games have been rolled out to internet betting sites such as Bitcoin Casino. One of the most recent to debut at the cryptocurrency casino is Wild Trucks.

Wild Truck is a retro-looking slot, which features graphics more commonly found in older, dated slots. While the game may appear to have rolled out of yesteryear, many of the features in the slot release are very modern in how they work. Wild Trucks is available to play at BitcoinCasino.io now.

Habanero Slots Continue to Debut at BitcoinCasino.io

The number of Habanero slots at Bitcoin Casino is growing. Taking table games and video poker into consideration, over a hundred games can now be found in Habanero's dedicated section of titles at the cryptocurrency betting site.

New releases such as Nuwa, Colossal Gems and Wizards Want War can be played alongside older, more established games with proven popularity amongst online slot players.

Generic Graphics from Yesteryear

As touched upon, the graphics in Wild Trucks seem to have come from a different time. The basic imagery which appears on the reels wouldn't look out of place in a game from 2010, giving the Habanero developed slot a retro look and feel.

Players at Bitcoin Casino are set to have a simple time wagering on the release. Just fifteen pay lines span the game's 5 reels, and stakes range from 0.15 up to 75.00. Top prize worth over 75,000 coins can be won in the game, which has an RTP rate of 96.6%.

Modern Features Hidden Away

Hidden amongst the dated graphics are an array of very modern features. Trophies appear as standard wilds. Located above the reels are counters. When coloured tracks land on specific reels, those counters are filled. Once a counter meter is completely filled, expanding wilds come into play.

At the same time, Wild Trucks also delivers free spins to its players when matching trucks (or wilds) appear on the first, third and fifth reels. The number of free spins made available depends on the colour of the trucks in the combination. Blue trucks, for instance, can deliver ten free games. However, wild symbols can offer as many as seventy-five free spins. During the feature, matching two identical trucks on the same row will see all symbols in-between transform into the same icons.

About Habanero

Named after a hot chilli pepper, Habanero Systems is one of the fastest-growing slot providers around. The developer went live in 2010, and it's arsenal now consists of table games, video slots and video poker. Games are developed with mobile-friendliness in mind. The provider has offices in Bulgaria, South Africa, Ukraine, Peru, so is a global developer on the rise.

BitcoinCasino.io currently has around a hundred games from Habanero to offer its members. Those titles span all manner of genres. Those games can be played with both cryptocurrency and FIAT currency options.

A new addiction: Bitcoin poker and its growing popularity - Coin Rivet

Posted: 13 Feb 2019 12:00 AM PST

Bitcoin poker has seen exponential growth over the last year or so due to the opportunities it provides online players and poker sites. Bitcoin can be confusing to understand for many new to the space, but you do not need to know the technology or how it works in order to use it on poker sites.

In simple terms, Bitcoin poker is the means of playing poker with Bitcoin. There are many benefits of using Bitcoin to play poker or other online gambling games. Online poker allows users to play with their Bitcoin and use it to buy into games. If a player is successful in a poker tournament, they are then rewarded in the same currency.

Here, we will go through some of the benefits of Bitcoin poker and how these benefits are making it so popular in the gambling community.

Benefits of using Bitcoin in online gambling

Privacy

Bitcoin is built on the blockchain, meaning it is decentralised. This decentralisation means no one person or entity governs or owns it, much unlike dollars, pounds, or euros, which are all currencies that are controlled by a central government.

Because Bitcoin is a decentralised, digital currency, it means no banks have authority or jurisdiction over the transactions a user wishes to make. This brings about more freedom for online gambling, allowing players to spend as much as they like on one particular game. This freedom also brings about anonymity for a user. Bitcoin is not totally anonymous as all transactions are recorded and stored on the blockchain. However, Bitcoin poker allows a user to make payments not under their own name, meaning no one will ever know who a player or user is.

Quicker transactions

Bitcoin poker offers faster transaction times compared to standard online poker games. This is because, as previously mentioned, Bitcoin is a decentralised currency, meaning there is no need for a centralised authority to authorise the payments, which often leads to delays and slow transaction speeds. Due to this, the transaction speed when using Bitcoin is a lot quicker, and sometimes depending on the company, the transaction can be instant. The majority of online casinos have the right to hold a player's winnings until certain agreements are met. But as soon as the casino has confirmed the application for a winner to withdraw their money, the transaction will take no longer than 10 minutes.

Low fees

Not only is Bitcoin poker safe and private, but the transaction fees can also be very low. This is because there is no need to pay for a middleman such as a bank and their often high transaction fees. Bitcoin is built on the blockchain, meaning there will be a small transaction fee, but this is often so small it goes unnoticed.

These fees will also vary from site to site and depend on the types of sites used. But usually, fees are still less than playing with fiat currencies.

US regulations

Online poker and its legality can be a complex issue, with some laws being unclear. Each country has different laws about poker and gambling, so it is always important to understand these differences before playing.

However, Bitcoin offers a way around such laws that stop banks from processing transactions in online poker tournaments. Because banks are not involved with this decentralised, digital currency, it means any legal issues involving banks and online poker are nonexistent. As Bitcoin is decentralised, it can often mean the Bitcoin poker site is also decentralised, meaning any jurisdiction or law will not regulate them either.

Final thoughts  

Bitcoin poker has the potential to take over from standard poker. Bitcoin as a payment option for online players is also sure to grow and be the future of all online sites. We have seen the benefits it brings players and the potential for growth it offers poker. Online poker sites will soon start to fall behind if they do not indulge in the decentralised world of Bitcoin.

For guides on cryptocurrenciesexchanges, and blockchain technology, click here. Make sure you take a look at all the latest crypto and blockchain news.

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