Because of its immutable blockchain and quick payments, bitcoin was essentially developed to enhance gambling. Currently, Blockchain Poker may be the best Bitcoin SV (BSV) poker option because it has been offering virtual currency tables to poker players for a while.
In 2015, the website first opened for business and only accepted Bitcoins. In February 2019, BSV went live after being gradually expanded with additional options.
Then, sit down at a table to register after visiting the website and creating a user name and password. If you’re new to Bitcoin, Blockchain Poker will give you 100 satoshis (each satoshi is one hundred millionth of a single Bitcoin) to get you going.
Table of Contents
Describe Blockchain.Poker.
Blockchain Poker was created in 2016 and it has been improving and adding new features relentlessly since then. In addition to the instant play feature that makes it so alluring to try, it now has a clean interface and fantastic reward systems. These customer-focused features help businesses grow quickly.
Blockchain.Poker Features
- Bitcoin faucet that allows you to earn crypto quickly
- Has a very short 5-minute timer between crypto earnings
- Has a 10% referral program
- You can earn bonuses on your earnings the longer you use the platform
- Crypto earning cooldown: 5 minutes
- Minimum withdrawal: 20,000 Satoshi
Blockchain.Poker Rake Structure
Block Chain Poker has one of the lowest prices on the market, with an average cost of 2% for all open games. At the smallest stake (1/2), games are uncapped. The value of each chip varies, but there are still three raking schedules, one for each cryptocurrency.
In general, the rake structure is flexible. Running a crypto-poker room is less expensive than running a typical website, which supports it. The lowest stakes’ uncapped rake is unusual for a regular, but at those stakes, players are freerolling the website.
The caps, though, catch our eye. The cap is set much higher than a typical site, at 20bb up to 1k/2k. The maximum rake then gradually decreases until it reaches 0,19bb at the highest stake allowed.
How to Make Money From Blockchain.Poker?
Blockchain Poker satisfies every requirement we have for an online poker platform. Bitcoin users will likely also value how simple it is for anyone who doesn’t already use bitcoin to sign up and start using it. They could have copied existing models, but instead they used cryptocurrency to create something incredibly original and entertaining all around that makes having a Poker account totally worthwhile.
A little needs to be done with the user interface. I’ve played on a lot of other websites that look better, for sure. Nevertheless, I’m not overly bothered by this. The simplicity of it appeals to me somewhat. An improved betting system is what I would like to see. It would be helpful to have buttons that would enable common bets.
Another desirable feature is the inclusion of additional audio effects. When other players fold, there is no sound made. For some reason, I feel uneasy about this. I think it’s because you only get a warning when it’s your turn, not before.
Let’s talk about the community now, as it is yet another crucial element of any poker website. The lack of players at the moment has both advantages and disadvantages. It’s fantastic because there aren’t tens of thousands of competitors in the free events, which makes cashing out much easier. The lack of tables for sit and go and cash games is a disadvantage. I am aware that blockchain finds this challenging.poker to address because it is difficult to draw customers.
Increased prize money for the no-cost competitions might be beneficial. I don’t think that would be possible for them without more important partnerships, which are also hard to come by.
Blockchain.Poker Deposit
You can deposit to Blockchain Poker using one of three cryptocurrencies:
- Bitcoin Cash (BCH)
- Bitcoin SV (BSV)
- Bitcoin (BTC)
Immediately following the selection of a payment method, an exclusive address and QR will be generated. The money will be credited to your account after you send a balance there; this usually takes less than 30 minutes.
Let’s say you want to figure out the USD chip rate at the moment. If so, you must divide the cryptocurrency’s current value by 100,000,000,000 and look up its current price on a website like Coinmarketcap. A table can also be opened, then the stake can be clicked.
When making a deposit, there is an option to perform an internal shift (deposit in BCH and receive BTC at a fixed or variable rate). Due to its lower fees and greater dependability, Bitcoin Cash (BCH) is being pushed for adoption by Blockchain, which has partnered with Paxful and other exchanges to streamline the deposit and withdrawal process.
Blockchain.Poker Affiliate Program
There is an Affiliate Program available if you want to recommend Blockchain Poker to your friends. You receive 8% of the overall rake that the players you refer to the program generate through the Affiliate Program.
You can simply visit Blockchain Poker and register for an account. You can find the Affiliate Program and the link to share with your friends in the menu.
How to Withdraw BTC from a Blockchain.Poker?
If you have 100,000 chips or more in your account, which is the required minimum withdrawal amount, you may cash out your winnings at any time. Select “Withdraw” from the top-right menu after choosing the coin type you’re using from the menu at the top of the website. A form will appear where you will need to enter all the relevant info and supply your password:
A cost of 25,000 chips ($2) was incurred because we were disbursing original Bitcoin BTC.25 at the time). Payouts in Bitcoin Cash and Bitcoin SV are entirely free.
Surprisingly, our payment showed up in our Bitcoin wallet in a matter of seconds, though we had to wait for network confirmation before using it. The fact that Blockchain Poker charged us 25,000 but only paid a miners fee of just under 4,000 chips left us feeling a little let down. However, this amount was enough for confirmation to arrive in under ten minutes.
Sending in your identification documents or waiting for a security review of your withdrawal request are not requirements in this room. As a result, you can play without giving any information about your Blockchain identity and be recognized only by your screen name.Poker with any information that might jeopardize your privacy.
Conclusion
Finally, Blockchain Poker offers a straightforward and easy-to-use poker client, and everything works perfectly. Even though there are mostly tiny micro-games and few higher stakes available, Blockchain Poker is a very intriguing and expanding concept for enthusiasts of cryptocurrency poker.
Most importantly, you can play anonymous Texas No Limit Hold’em almost immediately and there are plenty of players for cash games, sit n go competitions, and these games.