September 2016

Bitcoins & Online Poker

Bitcoin is a new "crypto-currency" that has been around since 2009. It's completely digital and transactions are made with absolutely no middle men. That means no banks, transaction fees, or even personal information involved! Like other 'commodities', bitcoins appreciate in value over time as well, meaning you can earn profits on your bitcoins while you play online poker. It doesn't get any simpler than bitcoin.

At PokerSites.com, you can find the very best poker sites accepting bitcoins. It's time to start betting with this great digital currency and playing poker the 21st-century way.

Benefits of Bitcoin

Bitcoin Poker Sites
  • Super-fast deposits and withdrawals
  • Anonymous transactions so you will never be hacked
  • Invest in virtual currency and earn profits

How to Use Bitcoins

bitcoin

Bitcoins are 100% digital. Not a single bitcoin has been printed or minted. They are not insured by the FDIC. It's all online, and you can directly transfer, buy, or sell bitcoins using a computer or a mobile app without any middlemen. It's a lot like transferring cash digitally, but there are no credit card fees and banks involved in the process.

You have to store your bitcoins in a "digital wallet" (or a virtual bank account) which can be on your computer or in the cloud under your name. It can be software-based, mobile-based, or web-based.

In 2016, there are more bitcoin online poker rooms cropping up everywhere. Poker sites that accept bitcoins have the same great Texas Hold'em and Omaha action as rooms taking credit cards. They're also great for real-money players who want to keep their card details safe or who fall foul of banks declining gambling payments.

Getting Started With Bitcoins

  1. Bitcoin is different to what you are used to. To get started visit Bitcoin.org and read their helpful guides .
  2. Once you've read up on Bitcoin you need to select a wallet where you'll store your Bitcoins, agian bitcoin.org have a handy list of available wallets.
  3. After choosing a wallet you need to get some Bitcoins, you can do this by buying from someone you know, being paid in Bitcoin or buying them from an exchange, howtobuybitcoins.info lists where to buy from. Ensure you check who you are buying from!
  4. When you've got your hands on some Bitcoins, simply visit one of the sites above who accept Bitcoin depsosits and you'll be at the table in no time.

How Are They Created?

Bitcoins are "discovered", not produced or printed. Lots of bitcoins are "mined" using super-servers or via software installed on your hard drive. By mining them, you're helping build the Bitcoin economy, but there's a catch: there's an infinite number of coins produced, and as the years go by, we will reach a point where no more are mined.

Theoretically, therefore, the value of bitcoins will continue to go up. But as with any commodity, the value of Bitcoins can go down as well as up. In April 2016, one bitcoin (BTC) is worth $244. Just a year ago, they were worth $1200; you can see the volatility.

As well as mining, you can buy and sell Bitcoins at online exchanges or other users. (Try Coinbase.com and QuickyCoin.com as two solid exchange sites.) You agree a price then complete the transaction. From there you can make deposits at any of our top Bitcoin poker sites.

Some poker rooms that accept Bitcoins only offer games that are played in this currency; others will convert them at that day's conversion rate.

We Find the Best Bitcoin Poker Sites Online

If you're looking to "mine" the best poker sites accepting Bitcoin in 2016, you're in the right place.

Our team evaluates each of our poker rooms that accept Bitcoin to make sure it delivers on cashouts and customer service. As well as a solid record on transactions, it must also have good player traffic so you aren't waiting around for a table to fill.

Our careful selection has resulted in a list of the absolute best Bitcoin online poker rooms.  Pick one of our great websites and get yourself the best welcome bonus around; all without using a credit card.

FAQ

How popular is it?

In 2016, we are starting to see more and more dedicated Bitcoin poker sites. There are guaranteed prizepool tournaments, all offering Bitcoins, and welcome bonuses in BTC just like USD sites. These let you play games at all stake levels but always in Bitcoin only. Remember, when you cash out, your Bitcoins might be worth less or more than when you deposited them on the site.

Can I use Bitcoins with my mobile phone?

Yes. There are many online exchanges that you can sell, buy and convert Bitcoins; just access them using your smartphone and transfer your currency to your favorite poker rooms.

How quickly can I get my money in to the site?

Because Bitcoin is an anonymous online currency with no banks or middlemen, you can make deposits at poker sites accepting it in seconds.

How quickly can I withdraw my money?

Withdrawals with Bitcoin are really fast. There's no waiting for weeks on end for a bank to process your cash-out; just click the withdraw button and see your Bitcoin arrive in your wallet in seconds. You don't even need any photo ID to complete the transaction.

Is it safe to use?

Because Bitcoin uses peer-to-peer technology and is open-source, there's a danger that Bitcoins are open to hacking. And indeed, in recent years, the new currency has been the victim of some high-profile thefts. But as the fledgling currency continues to grow, the security surrounding it should improve and millions of users continue to buy and sell using Bitcoin without any problems.

1
Accepting Bitcoin

BetOnline Poker has thrown open its doors to US players and ranks as one of the best US poker sites of 2012. Here you will find exclusive software that is simple and easy to use, as well as plenty of cash game and tournament action that features easy-to-beat players. BetOnline also accepts US credit cards, making depositing fast and easy.

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2
Accepting Bitcoin

SportsBetting Poker is a new entrant to the online poker market. It runs on a popular network that gives it a solid player base with easy, safe and secure deposit methods and a range of cashout options. You can get a $1000 bonus as a new player.

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3
Accepting Bitcoin

Americas Cardroom is top rated and fairly unheard of United States poker room that allows US residents to deposit and play for real money. Americas Cardroom offers a large range of different games as well as a comprehensive tournament schedule. New players at Americas Cardroom can benefit from a huge 100% up to $1000 bonus!

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4
Accepting Bitcoin

Ignition Poker is a great choice for US online poker players with plenty of poker games running around the clock. Sign up and receive a 100% deposit match bonus up to a maximum of $100. New players joining can also get a bonus up to $1000 in the Ignition Casino!

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5
Accepting Bitcoin

Black Chip Poker is a highly recommended site offering players an excellent welcome bonus, big guaranteed tournaments, and plenty of cash game action. US players are welcome and they can use a wide variety of secure banking methods, including Bitcoin.

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