Bitcoin Poker has been the latest craze in the world of online gambling. With poker being as established as it is, it was only a matter of time before the world of blockchain technology was going to merge with that of gambling, thereby revolutionizing the way we play poker.
With the progress of technology in recent years, these numbers have risen, making Bitcoin poker a worthy addition to the already standard and traditional variant. Offering a mountain of exciting new benefits, it can easily be seen why this variant of poker is gaining popularity.
In prior years, several various estimates stated that well over 120 million people worldwide played poker in total, with over 60 million people playing across the globe. If you want to join millions of pro and enthusiast players who are engaging in bit coin poker, keep reading.
What is Bitcoin Poker?
While you will find that Bitcoin Poker is not that different from your regular poker nights in casinos, the most staggering difference between the two lies in the fact that the Bitcoin variant uses cryptocurrency instead of fiat money (for example, dollars).
What this means is that you register, play, deposit, and withdraw payouts by using cryptocurrency. Bitcoin poker relies on blockchain technology and cryptocurrency, with the main difference being the medium through which you play.
Forget about geolocation-related restrictions, slow payouts, breaches of anonymity, contacting the bank, and the hassle of having to go to your nearest casinos in person. All of these (and many more) problems have now been eliminated with this exciting variant.
Is Bitcoin Poker the Future of Online Gambling?
While no one expects traditional poker to disappear, the fact is that Bitcoin poker is amassing a huge fan base and following, offering amazing opportunities. The advantages it offers are vast, making many believe that it is, indeed, the future of online gambling.
Relying on bitcoin technology, this type of poker comes with a range of new, exciting, and growing benefits and safety mechanisms. These perks include everything from guaranteed anonymity, safety, speed of financial transactions, availability, accessibility, and more.
To prove that this is the future of online gambling, we’ve listed the top-ranking benefits and advantages that you can expect if you choose to give Bitcoin poker a try yourself.
Available and Convenient
Let’s start with the most obvious difference. Traditional poker is played in locations such as casinos, which require you to be present in person to be able to play. However, Bitcoin poker requires you to have a device with a stable internet connection.
Forget about the days when you had to get up, get ready, and physically head over to your nearest casino. Bitcoin poker allows you to play from any location, meaning that you can play from the comfort of your home, regardless of your location at a given time.
This advantage is particularly important to those players who are restricted in terms of the availability of casinos nearby. It is also a widely welcomed development for all players who are unable to freely enjoy poker physically in their country or part of the world.
Because it is played online, it is always available, no matter the time of day. You can access and enjoy playing the game online 24/7, from any place and at any time.
This reason is one of the leading perks that has millions of people deciding to give Bitcoin poker a chance. While your traditional game of poker would have you physically seated across your opponents, this one does not. You play online and you don’t show your face.
Because Bitcoin poker relies on blockchain technology, your data, money transactions, and finances are considered secure. This particular technology makes your data less susceptible to fraud and hacking, as no financial transaction can be manipulated.
Payouts are Fast
Forget about slow transactions and slow payouts. Bitcoin poker allows you to deposit and withdraw your money fast. Keep in mind that the site you decide to play on will play a role in payout time, but most withdrawals are instant. The payment comes anywhere from a few minutes to a few hours.
Casinos are here to stay, but so is Bitcoin poker. With many opportunities for further development of the game in its online format, backed by blockchain technology, we expect it to fully take its rightful place as the future of online gambling and great entertainment.