I thought his reference was more to the fact that Bitcoin Sites like SWC and Betcoin deal
ONLY in Bitcoin. When player deposits, they hoard the BTC, and when player withdraw they give them BTC back. They don't concern themselves w/exchange rates. It might go up, it might go down. If your concerned about volatility, don't leave large balances of BTC on these sites. (If your speculating on a BTC boom however, you might take the opposite approach).
Compared to a site like ACR that simply accpets BTC as one of many forms of
payment, that they themselves then immediately convert from BTC to $USD upon your deposit, and store it till withdraw requests come in. These guys are converting your BTC to USD and holding it, in USD, till your withdraw request. At that time you can withdraw in USD or BTC, where appropriate exchange rates (at that time) would be applied (again).
In the 1st example (BTC only sites) while your BTC balance stays the same, it's value in $USD can change daily. It could go up or down in terms of $usd value w/out you ever playing a hand.
In the 2nd example, your poker balance is $USD, and BTC going up or down does not impact it.
Make sense.
Last edited by ZenForest; 03-17-2015 at 04:16 AM.