Best Bitcoin Poker Sites for 2018
Which Online Poker Sites Accept Bitcoin Payments?
While for players, enjoying real money poker at offshore sites is completely legal, US banks still do their best to block deposits. Thankfully there is a super-reliable solution available – Bitcoin. What was once in the realm of technical ‘geeks’ is now very much mainstream. Anyone can set up a Bitcoin wallet, fund it and deposit at online poker sites quickly and easily.
On this page you will learn the following;
- Why Bitcoin has become a popular banking method for US players
- How to deposit and withdraw using Bitcoin
- Which US poker sites cheaply and easily accept Bitcoin
Bitcoin Poker for US Online Poker Players
USA poker rooms continue to thrive. Most are based out in the Caribbean, or in Central America. In the past, you would need to make an international credit card purchase (or money transfer) to get money on-board – now you can use Bitcoin at all of the main networks.
If you want to deposit to an online poker site using Bitcoin, check out the list below!
Poker Sites That Accept Bitcoin
Ignition Poker are the single biggest site. Their software features anonymous gaming, and a restriction on multi-tabling which keeps grinders away and the games easy. This poker site has a detailed explainer video, which shows you how to use Bitcoin to get your money on board. You’ll find more games and tournaments here than at any other US friendly poker site.
Bovada Poker is top online poker site for tournaments. Their weekly schedule is packed full of small to mid-buyin games, many with guaranteed prize pools. Look out for the tournament festivals known as the ‘Online Super Series’, which often include a tournament with a $1,000,000 guarantee.
BetOnline Poker are the final major legal US poker site welcoming Bitcoin. This is a long-running sports betting brand which is based down in Panama. BetOnline are a leading site on the Chico Poker Network (another US site on this network is Sportsbook Poker). You’ll find plenty of cash games, and a lot of action generated by the sports betting crowd.
With so many other legal poker deposit options available, there are fewer international brands making the move to Bitcoin. NetBet have started accepting BTC at their UK Licensed sportsbook and casino – I hope that some poker rooms will join this list soon.
Non-US players are welcomed at both the Winning Poker Network (America’s Cardroom) and the Chico Poker Network (BetOnline.ag).
How to Use Bitcoin to Play Online Poker?
The single biggest advantage of choosing Bitcoin – particularly from the US – is that this is a very reliable deposit and withdrawal option. Once you are set up with a wallet, there is nothing stopping you from moving your money around, depositing at different poker sites, and taking advantage of bonuses and promotions as they arise.
Making a Bitcoin wallet is not only fast and easy – it is separate from your bank account. This means that you can keep gambling transactions off of your bank statement.
The final advantage is that the fees are tiny in comparison with other payment methods. These are especially small when you compare them to the fees charged by popular eWallets like PayPal.
Disadvantages of Using Bitcoin
There are two common questions raised when players first look into using this deposit method. First the setup, and second the volatile value of the currency itself.
Setup and funding of your wallet is much easier than most people expect. You can register for a wallet in minutes, and then use an exchange to get Bitcoin into it. If you have friends or family with some BTC, this can be even faster – they can simply send you some.
Volatility is largely avoided by depositing the money into a poker site (where it is held in dollars) as soon as you get it. Even if you do choose to keep some BTC in your wallet, you will find the fluctuations lower than the mainstream media would have you believe.
What Are the Steps for Making a Bitcoin Poker Site Deposit?
Below are 4 general steps for making your first Bitcoin deposit. Remember that once you have a wallet set up, you will only need the last 2 parts of this.
#1 – Register a Bitcoin Wallet: There are several places where you can get an online BTC wallet. Two of the best known are coinbase.com and blockchain.info. Registering one only takes a few minutes, and involves a simple e-mail verification step.
#2 – Get Some Bitcoin: If you do not know someone to send you some, then you can do this via an exchange. Coinbase is the largest, though there are many more. You send money from your bank via a local transfer, and get Bitcoin in return.
#3 – The Poker Site Cashier: Log on to your poker site as usual, and head to the cashier. You should choose Bitcoin and follow the instructions. You will usually specify the amount to send, and the site will then generate a string of letters and numbers called a ‘receivers id’. This is the ‘address’ that you will be sending Bitcoin to.
#4 – Sending Via Your Wallet: The final step is to log in to your wallet, click ‘send’ and enter the id you were given by your poker site and the amount to send, then press ‘ok’. If your wallet charges a ‘miners fee’ you should add this to the amount you are sending (this will be clearly stated).
That’s it – your money will be on board very quickly, and will be converted into dollars and ready for you to play with.
When it is time to withdraw, you will be the one generating the receivers Id via your wallet. Log on to your sites cashier, follow the instructions there and let them have the Id to send the Bitcoin to.