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Bitcoin for online poker? Bitcoin for online poker?

10-08-2017 , 06:00 AM
tonybet poker
If you follow TonyG's twitter, you will know that he is a big fan of cryptocurrency and blockchain technology. I'm dutr tonybet poker will accept other cryptocurrency as well in near future.
Bitcoin for online poker? Quote
10-14-2017 , 08:40 AM
Dear forumers,

what are the best sites to play ring games with cryptocurrencies- BTC/ETH?

thanks
Bitcoin for online poker? Quote
10-14-2017 , 01:43 PM
Right now, SwCPoker (Windows only, all games) and NitrogenSports (web client, NLHE) are the best sites for playing with BTC. Neither of them have a ton of traffic. There's not currently a good site for playing with ETH - you can I think deposit on WPN with ETH but it converts it to USD.

There are also a bunch of tiny sites using the PokerMavens software to offer games in BTC, but I don't recommend them.

There are a couple of new BTC launches coming up - notably, UltimateBit starts their beta soon on the Connective Games software that BetOnline uses. But in general there's very little liquidity in the native cryptocurrency poker market right now. If you want to follow this I recommend the Gambling forum on bitcointalk.
Bitcoin for online poker? Quote
10-14-2017 , 01:44 PM
Quote:
Originally Posted by wmermus
Dear forumers,

what are the best sites to play ring games with cryptocurrencies- BTC/ETH?

thanks
Are you looking for sites that are pure crypto, i.e. sites where you deposit, play, and withdraw solely in BTC or ETH?

or

Are you looking for sites that you can deposit BTC and ETH, play in fiat, and withdraw FIAT or BTC, ETH, etc?

or

Both?


One of the 2+2 sponsors, Winning Poker Network, has option 2. Not only do they allow BTC and ETH, but nearly 70 other cryptos as well. It's a brand new thing:

https://themerkle.com/major-online-p...ptocurrencies/

WPN also has a support forum on 2+2 which can be found here:

--
Kahn
Bitcoin for online poker? Quote
10-16-2017 , 08:29 PM
I would appreciate some help and/or information on which Bitcoin wallets work the best for getting money on and off poker sites.

I am a US based player and play mainly on the WPN network and whichever network Intertops/Juicy Poker are on.

My preference would be for a wallet that's free to set up and doesn't charge fees for deposits and withdrawals.

I've done a fair amount of research and the whole arena seems a bit murky at the moment as to what the different types of wallets offer.

Thanks for any help.
Bitcoin for online poker? Quote
10-16-2017 , 08:43 PM
I don't think you understand what a wallet is. A wallet is just a program that sends and receives Bitcoin. What you're looking for sounds like it's an exchange, and in the US by far the easiest one to get USD on and off of is Coinbase. But you should only use it when changing USD to BTC and vice versa. You'll want to get a wallet of your own to do native BTC transactions. Easy wallets are the online wallet at blockchain.info, or the downloadable client Electrum.

You won't find an exchange that doesn't charge fees for their services, and you won't find a wallet that doesn't use transaction fees because they're a fundamental part of the Bitcoin network.
Bitcoin for online poker? Quote
10-16-2017 , 09:15 PM
^ Said everything just about perfectly, I had issues when trying to find one as well with it being confusing and such to start. Both Coinbase & block-chain are super simple in my experience compared to the others out there and fees are pretty minimal.
Bitcoin for online poker? Quote
10-19-2017 , 05:18 AM
I'm confused how u play at the tables with btc. what are the buyin amounts and stuff?

a normal lobby runs your .05/.1, .25/.5, 1/2, 2/4 etc, how is it displayed on an entirely btc site?
Bitcoin for online poker? Quote
10-19-2017 , 06:21 AM
The stakes are fractions of bitcoins. So .5/1 100bb will be 1/10th of a bitcoin. .5/1= around 570NL at the minute.
Bitcoin for online poker? Quote
10-19-2017 , 01:50 PM
probably a dumb question, but when withdrawing from a site, should I still use a intermediate wallet if I use Kraken (as I would with Coinbase)
Bitcoin for online poker? Quote
10-19-2017 , 02:46 PM
Quote:
Originally Posted by p2 dog, p2
I'm confused how u play at the tables with btc. what are the buyin amounts and stuff?

a normal lobby runs your .05/.1, .25/.5, 1/2, 2/4 etc, how is it displayed on an entirely btc site?
The "major" sites denominate chips in mBTC, which is 1/1000th of a BTC. So a 2/4 table is about $11/$22 right now.

Some of the newer sites are using smaller fractions, like 1/100000 or 1/1m BTC.
Bitcoin for online poker? Quote
10-21-2017 , 10:03 PM
Just curious when you guys cash out into bitcoin, do you then let your poker bankroll sit in bitcoin, or do you take it out so your poker bankroll remains the same and doesnt fluctuate?

Trying to decide what is the best thing to do with my poker bankroll that I dont leave on the site.

(FYI im a microstakes player, this isnt my job)
Bitcoin for online poker? Quote
10-21-2017 , 10:39 PM
Quote:
Originally Posted by ldmariodl28
Just curious when you guys cash out into bitcoin, do you then let your poker bankroll sit in bitcoin, or do you take it out so your poker bankroll remains the same and doesnt fluctuate?

Trying to decide what is the best thing to do with my poker bankroll that I dont leave on the site.

(FYI im a microstakes player, this isnt my job)
It would all depend on where you think Bitcoin is going to go, as well as how risk averse you are.

You might find this BFI thread helpful:

https://forumserver.twoplustwo.com/3...rency-1011408/
Bitcoin for online poker? Quote
10-21-2017 , 11:49 PM
I keep mine in BTC. Even if it weren't for generally feeling more confidence in BTC (and like everything else) than USD right now, paying the transaction fees to get it in and out would suck.
Bitcoin for online poker? Quote
11-07-2017 , 07:00 PM
Very new to bitcoin and searched this thread as well as the dedicated Bovada one but didn't see any mention of this.

If I create a paper wallet, and plan to sit on the coin for awhile rather than get it out immediately, is there any reason that I wouldn't want to, or wouldn't be able to, withdraw directly from the poker site to the paper wallet?
Bitcoin for online poker? Quote
11-08-2017 , 03:52 AM
Quote:
Originally Posted by hulk3rules
Very new to bitcoin and searched this thread as well as the dedicated Bovada one but didn't see any mention of this.

If I create a paper wallet, and plan to sit on the coin for awhile rather than get it out immediately, is there any reason that I wouldn't want to, or wouldn't be able to, withdraw directly from the poker site to the paper wallet?
Yes, this would be possible. The only inconvenience from using a paper wallet this way is it's a bit of work to sweep the private key when you want to spend. But for long-term, this is not much of an issue
Bitcoin for online poker? Quote
11-11-2017 , 05:24 PM
How long are transactions taking from CB to BC today? I made a deposit hours ago and still don't have one confirmation. I tried to increase the fee but didn't see an option to do so. Thanks in advance for any information.
Bitcoin for online poker? Quote
11-13-2017 , 06:35 PM
I took a ~$20 hit going from BC to BitPay. I did pay for a priority fee and the money was in my Bitpay account in less than one second. I don't mind paying for convenience, just wondering is this is normal.
Bitcoin for online poker? Quote
11-13-2017 , 07:18 PM
Quote:
Originally Posted by Online Veteran
I took a ~$20 hit going from BC to BitPay. I did pay for a priority fee and the money was in my Bitpay account in less than one second. I don't mind paying for convenience, just wondering is this is normal.
https://forumserver.twoplustwo.com/s...ostcount=27471

Last edited by goodsaint; 11-13-2017 at 07:22 PM. Reason: Posts following that one are informative also.
Bitcoin for online poker? Quote
11-15-2017 , 12:06 PM
Thanks for the info, goodsaint. These new BitPay fees are outrageous in my opinion.
Bitcoin for online poker? Quote
11-15-2017 , 02:10 PM
Quote:
Originally Posted by mineriva
what about this:

We make a home game on pokerstars.net. We agree that 1000play chips = 1 bitcoin. We each deposit 10 bitcoins into a holding account and each sitdown with 10 000 playchips. When we leave the owner of the holding account pay us playchips/1000 in bitcoin. The holding account owner gets the rake.
That would be one high stakes game today. Damn I wish I'd have read This thread more closely when it was written
Bitcoin for online poker? Quote
11-15-2017 , 05:27 PM
Quote:
Originally Posted by Online Veteran
I took a ~$20 hit going from BC to BitPay. I did pay for a priority fee and the money was in my Bitpay account in less than one second. I don't mind paying for convenience, just wondering is this is normal.
Same, except money didn't appear for 7+ hours.
Bitcoin for online poker? Quote
11-16-2017 , 02:08 PM
Best ways to cash out a large amount of BTC to a US bank or skrill as a US customer? I have kraken and it has taken months to get verified for tier 3... lighting is bad, not all 4 corners etc

Coinbase I hear you can't really cash out a serious amount of BTC to your bank? So besides p2p trading is there any legit way to cash out 10k+ worth of BTC to your bank or skrill?
Bitcoin for online poker? Quote
11-16-2017 , 06:57 PM
Quote:
Originally Posted by CHICKSDIGLONGBALL
Best ways to cash out a large amount of BTC to a US bank or skrill as a US customer? I have kraken and it has taken months to get verified for tier 3... lighting is bad, not all 4 corners etc

Coinbase I hear you can't really cash out a serious amount of BTC to your bank? So besides p2p trading is there any legit way to cash out 10k+ worth of BTC to your bank or skrill?
You could see what is available to you at Local Bitcoins. You could try searching for a local Bitcoin ATM. You could just spend the bitcoin on goods and services and help the Bitcoin economy grow and proliferate.

--
Kahn
Bitcoin for online poker? Quote
11-28-2017 , 02:44 PM
Please help! Blockchain is not sending a verification code to my email. I was just logged in a couple of hours ago. Has this happened to anyone else? What are my options?
Bitcoin for online poker? Quote

      
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