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Points to Consider for Choosing the Best Crypto Poker

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Reading Time: 4 minutes

 

Introduction

The COVID-19 pandemic that put everything else on hold for nearly a couple of years surprisingly could not dam the growth of cryptocurrencies. The number of crypto users and use cases has increased exponentially during those two years. The crypto casinos are one of the byproducts of the lockdown that is still holding on to a similar momentum because the inclusion of crypto seems to make everything from performance to security better than they already are.

 

Particularly, classic games like poker have been received well in crypto casinos as they are responsible for moving a large volume of money across accounts. So keep reading to know more about the whats, whys, and hows of Crypto Poker to help you get started in this exciting area.

About Crypto Poker

Crypto Poker can easily be called the new-age iteration of this classic game. Although the gameplay remains untouched for a large part, the innovations in the financial aspect alone are enough to make substantial changes in the game. 

 

Instead of a bank, a player opts to process his funds through a blockchain while using cryptocurrencies for poker. This blockchain is a decentralized infrastructure, meaning your funds do not have to go through an intermediary, making the transfer much faster and more affordable. The transfer is validated through what is known as a network of nodes, and players must offer a fraction of their funds as a mining fee for these nodes.

Why Should You Play Cryptocurrency Poker?

As we have come to the ‘why’ part of the article, let us briefly see about the benefits you get from P

Crypto Poker.

  • Huge bonuses are what lure players to Crypto Poker. The decreased upkeep expenses of crypto casinos play a big part in it.
  • The wagering and withdrawal limits are comparatively higher than traditional poker games with fiat money.
  • Your financial privacy is in safer hands while using Crypto Poker. This public ledger is pseudonymous storage that does not require personal details.
  • The lack of intermediaries helps process your payments much faster, especially while making withdrawals.
  • Crypto Poker allows you to place your bets in almost any crypto casino across the globe and these digital currencies are tax-efficient, too.

How to Choose the Best Crypto Poker?

Looking for the best crypto poker site can be difficult if you do not have the checklist. So this part of the article provides essential information to assist your selection process.

Different Poker Games

Be sure of your needs while looking for a Crypto Poker platform. A casino can offer different types of poker, like virtual poker, video poker, and live dealer games. Poker also includes variations like Texas Hold ’em, Omaha Hi, Omaha Hi-Lo, 7-Card Stud, Badugi, etc. One must look for a platform with all their preferred games for the best possible experience.

Available Tournaments

If you are looking to earn some additional dimes, tournaments are the best way to do it. You must review various aspects like tournament duration, supported games, and winnings before clicking the start button.

Bonuses & Promotions

Crypto Poker offers endless opportunities to maximize your profits through bonuses and promotions. So, if you can find the absolute best casino, you will not even have to spend your money to earn a profit.

Quick Seats

It could be tiresome to wait for a tournament to join an online poker platform, so you should look for a casino with the Quick seat feature. A platform with the Quick seat feature can get you into a tournament or game in less than a minute after choosing.

Depositing And Withdrawals

Never forget to review the payment methods offered in the casino. Particularly when you are a newcomer, it is better to use a platform such as BetOnline or BitStarz that connect you to regulated exchanges and wallets.

Rakes

In poker tables, rakes are the fees that the players pay online service providers. Generally, crypto casino rakes tend to be much more affordable than traditional poker. A crypto casino’s standard rakes are between 4% and 5%.

Mobility

It is always better to go for a Crypto Poker platform that you can access from different devices. Also, mobility is one of the important signifiers that says a lot about how the operator treats the user experience.

Customer Support 

Any activity that involves money is prone to have some trouble while processing. So prompt customer support is not only a sign but also the duty of a reliable crypto casino. This critical function needs to be tested before you can play the games.

 

Related Article: Top Crypto Gambling Sites

Features of Crypto Poker

Apart from the advantages of cryptocurrencies, you can access several other features in Crypto Poker. The following are some unique features you can find in a Crypto casino.

 

  • Provably Fair is probably the best deal you get in a crypto casino. This cryptographic algorithm helps users actively check the games’ fairness.
  • The payments are hassle-free and do not require your details. Furthermore, the platforms can use identity proofing solutions like Proofi to avoid storing users’ data.
  • If you are looking to win big in tournaments, cryptocurrencies, like BTC, ETH, etc., should be your choice. For example, One Million Windfall in BetOnline casino is a poker tournament where you can easily turn your $10 into a million dollars if you have what it takes.
  • Some casinos have built-in Crypto Exchange features to help you exchange your funds, no matter how small. They also have converter features to keep tabs on your money’s value.
  • Players also have choices like Virtual or Live poker games and do not have to compromise on the experience they expect to have.

 

Conclusion

Crypto Poker is one of the latest trends that not only helps you blow some steam off with exciting gameplay, but it can also help you land the jackpot if you are lucky. But beware not to lose your peace of mind for the jackpot and play responsibly. There is only one true way to win the jackpot in a poker game: to not chase after it.

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Cryptocurrency

Crypto gambling sites and profitability: why do they make money?

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The world of gambling is now in front of a mounting phenomenon that is literally taking over many of the markets around the world. This phenomenon is no other than the crypto casinos and crypto betting sites, that predominantly accept bitcoin payments and allow gambling to be done in cryptocurrencies or that are crypto-friendly, in the sense that they are integrating crypto-payments into their core payments and transactions systems.

In some parts of the world, crypto gambling is becoming the most dominant type of gambling. Yet in many countries, crypto gambling is growing parallel to traditional gambling. This is the case of Poland, a market that sees its bitcoin gambling rise lately. In fact, crypto gambling in Poland sees considerable growth as cryptocurrencies are gaining more and more popularity.

And as crypto-gambling is continuously moving upwards, it is only natural to wonder what it is that makes it so attractive to the gambling sites themselves. What is it that makes bitcoin or Ethereum or other digital assets a one-way option for online casinos today?

If you are thinking about why is this and generally why and how bitcoin casinos and crypto gambling sites make money, then this is the right place to read and learn!

First of all, let’s clear some things out.

 

Crypto gambling sites operate under the same principles as traditional gambling sites.

That is, there is no apparent change or difference in how they essentially work. Customers visit the sites, gamble and/or bet, play games and so on and then if they win they withdraw their winnings, while if they lose they are not entitled to any withdrawals.

So, then what is it that makes them so attractive to companies?

It’s all about more customers and more gambling

The truth is that it all comes down to customers and enhanced customer acquisition and retention as well as increased betting activity. Well, let’s take it one at a time.

A bitcoin gambling site is only different from a traditional gambling site in that it accepts payments (and possibly makes payments) in bitcoin. So, on the surface, there is no justified reason for making more money than a traditional site. But, if we consider what bitcoin is, how popular it is becoming among gamblers and what the advantages that it brings to the gamblers, then it sort of shows how bitcoin gambling pays off to the companies themselves.

Bitcoin is a quick, safe, anonymous, reliable, and transparent way of transacting. So, it is preferred by gamblers, because of the many benefits including speed, security, trust, privacy, confidentiality, and credibility. A gambling site that enables its customers to enjoy these benefits – through its adoption of bitcoin transactions – is, by definition, better off in attracting customers.

 

The role of privacy and anonymity

Just think that there are many gamblers who are hesitating because of, let’s say, lack of anonymity that typically characterizes gambling at traditional online casinos, where they have to disclose much personal information and data that otherwise they wouldn’t want to disclose. Having the option to play at the casino, let’s say, without giving any of their personal information, only with the use of cryptocurrencies, is like ‘de-regulating’ and liberalizing the gambling activity for them.

Further it can also be about gamblers not wanting anyone to know if they gamble, when they gamble, how much they gamble or how much they win (or lose). Certainly, crypto gambling gives them the privacy they want.

 

The role of speed

Likewise, one other factor that attracts more customers and more betting also from the existing customers is the speed that bitcoin transactions offer. Bitcoin gambling sites boast their fast processes for payments, deposits, withdrawals etc and so it becomes literally very easy and quick for users to gamble.

 

The role of reduced fees or no fees

Typically, cryptocurrency transactions don’t generate any fees – but in some cases there are some fees, which however are way lower than the fees in traditional online gambling sites. The absence of fees works as a motivator for more betting activity and it is also a customer acquisition (and retention) factor. Just consider that fees are often inhibiting factors or refraining factors for gamblers.

Overall, these straightforward and simple characteristics of bitcoin are what make bitcoin gambling sites more profitable. But in an indirect way: bitcoin is more attractive to gamblers, so sites get to have more customers and more customers means more betting activity and more profits in the end!

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Cryptocurrency

What To Expect From Innovative Casinos

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What To Expect From Innovative Casinos
Reading Time: 3 minutes

 

The rise of online gambling has revolutionised the way we place wagers. Gambling is no longer reserved for bookies, casinos, or the Las Vegas strip, online and mobile betting has given everyone a slice of Vegas right in their pocket. No longer do we need to make the trip to Nevada, despite the city’s mythological status. We can gamble on the go now, at any time we want and from wherever we are.

As online casinos continue using technology to develop and optimise the services they provide, what can we expect to see from these innovative gambling websites in the future? Read on to find out.

Improved Security & Player Protection

Safety and player protection should be the number one priority for online gambling websites and players alike. While online wagering provides tangible benefits in terms of ease and convenience, it comes with certain risks not previously seen in traditional gambling. The potential for security breaches can leave players’ sensitive personal and financial information vulnerable to theft by hackers and scammers, while the use of fraudulent gambling websites can pose serious financial and legal dangers.

As technology continues to develop and security systems advance, we can expect to see much safer online casinos with comprehensive player protection protocols and procedures, ensuring you can enjoy your online gambling experience without having to worry about the risks.

More Live Dealer Games

One advantage that traditional, retail gambling locations have over online gambling websites is the social aspect. Meeting friends, chatting with your fellow players, or having some banter with the dealer at the table, these things aren’t part of the online gambling experience. Or are they?

The rise of online live dealer games has worked to bridge the gap between physical casinos and online casinos. Using live streams of games including blackjack, roulette, and craps gives players the social and personal touch many feel is lacking from the digital experience and helps gambling websites fortify their position in the industry. Expect to see a lot more live dealer games in the future.

Crypto Gambling

The online gambling industry was one of the very first supporters of crypto, with some iGaming platforms accepting the currency as a payment option as far back as. Cryptocurrencies like Bitcoin offer a range of benefits over traditional payment methods. They are fast, secure, and do not require personal identity verification. The anonymity of Bitcoin also helps to protect against fraud, by encrypting transfers between parties.

As crypto continues to enjoy further mainstream acceptance across a range of industries, we can expect to see much more integration with online casinos, particularly as developments like the Ethereum Merge make the digital currency even faster and safer.

 VR Gambling

Virtual reality (VR) is a rapidly developing technology that already sees extensive use across industries including video games, education, and medicine. For online casinos, implementing VR technology will allow them to deliver even more immersive and engaging experiences for their customers, using state-of-the-art visual and audio design to create hyper-realistic, exciting games. VR table games will be the next step towards successfully replicating the physical casino experience, combining realistic visual elements with social interaction features.

Current technological and operating requirements prohibit VR from being fully integrated on an individual player basis, but as the technology continues to develop and improve we can expect to see far more VR gambling and even full VR casino experiences in the future.

AI Technology

Artificial Intelligence (AI) and machine learning technology has proved groundbreaking for many global industries, gambling being no exception. The technology has a vast range of uses, from security to complex data analysis. What it could mean for the average gambler is far more accurate and personalised suggested content. By analysing your betting patterns and preferences, AI can generate markets, bets, and games that will appeal directly to you, making for a more enjoyable and engaging experience.

Conclusion 

With the advent of online gambling, the betting industry has been inextricably linked with technology. As we continue to make advances in fields including crypto and blockchain technology, VR, and AI, we can expect to see much more integration with innovative, forward thinking online casinos. For the player, this will mean improved security, faster payment processing, more immersive experiences, and truly personalised suggested content.

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Cryptocurrency

BetGames Will Start Accepting Fasttoken (FTN) as a Supported Cryptocurrency

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BetConstruct is pleased to announce that BetGames, the leading provider of premium gaming solutions, is planning to add FTN to the list of supported cryptocurrencies.

FTN is the official cryptocurrency of the Fastex ecosystem as well as the adopted cryptocurrency of the leading betting and gaming software provider BetConstruct.

The inclusion of FTN in BetGames’s supported cryptocurrencies will start from January 26th.

To learn more details about FTN, feel free to visit the website www. fasttoken .com.

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