One of the latest emerging trends amongst online poker players is playing online poker at Bitcoin online poker sites.

• Poker Sites That Use Bitcoin
• Bitcoin Poker Us Players
• Online Poker Bitcoin
• Online Poker Sites That Accept Bitcoin

Bitcoin Poker Sites: The Ultimate Guide. If every online poker player would bother to learn how to use Bitcoin today, deposit and withdrawal troubles around the globe would be solved tomorrow. Ignition Poker. After launching in 2015, Ignition Poker has quickly become one of the more popular online poker sites on the Internet. With anonymous tables, customized cards and tables, and a fast-fold variation of Zone Poker, players will love this Bitcoin-friendly site.

Perhaps the main reason why these types of online poker rooms are becoming increasingly popular is the fact that cryptocurrencies, such as Bitcoin, are making it easier for online poker players to deposit and withdraw their funds.

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Looking for a Bitcoin online poker room? If so, you have come to the right place. We spent hours looking for the best real money online poker rooms that accept Bitcoin as a payment method and provided a list of the top choices in the online poker community.

We also included a guide to Bitcoin, how you can deposit using Bitcoin, and listed the advantages of this unique payment method.

Top Bitcoin Poker Rooms

Contents

• How to Use Bitcoin as a Payment Method
• Frequently Asked Bitcoin Questions

With the growing popularity of Bitcoin in the online gaming industry, several leading online poker sites have opted in to provide Bitcoin as a payment method. If you are keen on the idea of using Bitcoin as your preferred payment method and want to find the top online poker sites that accept Bitcoin, you’re in luck as we at Top10pokerwebsites have narrowed down the list to a handful of fully reviewed online poker sites that support Bitcoin as a payment method.

What is Bitcoin?

Although Bitcoin was established in 2009, it was only in 2011 when this new modern currency managed to hit the mainstream market as the first decentralised currency of the world. Bitcoin, as a cryptocurrency, differs from traditional currencies such as the Euro, Pound Sterling, and US dollar as it doesn’t use a third party.

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Unlike traditional currencies, it has no central bank and essentially functions through a peer-to-peer marketplace. Although Bitcoin initially suffered through a turbulent period due to the contemporary nature of this new currency, over the years its reputation along with its popularity has grown strength to strength. By 2014, thousands of online corporations started offering Bitcoin as an alternative payment method. It wasn’t long until the online gaming industry saw the potential in Bitcoin, and now you’ll be able to find several online poker sites that will allow you to deposit and withdrawal through Bitcoin.

Where Does Bitcoin Come From?

You are able to get Bitcoins in a number of ways. They are often bought from certain sites, received as a form of payment or they can be mined.

Mining Bitcoins involves the use of an application that is installed on computers, which then mines Bitcoins. Miners are connected over a network, which will then adjust the amount of Bitcoins that are being created so that they are predictable and also don’t end up flooding the market.

Once the Bitcoins have been mined an electronic signature is added and the currency is in the network and can be exchanged and distributed.

How to Use Bitcoin as a Payment Method

1. Create a Bitcoin Wallet

   To use Bitcoin as a deposit method at any online poker room that accepts Bitcoin, you will first need to obtain a Bitcoin wallet before a deposit can be made. This can be achieved by visiting the Bitcoin website. Fundamentally, you will have two types of Bitcoin wallets to choose from, including a desktop wallet and a web-based wallet service.

   For your convenience, our experts at Top10pokerwebsites recommend that you choose a web-based wallet service instead of a desktop wallet, as a desktop wallet will require you to download additional software onto your computer. However, if you don’t mind the additional download and installation process of additional software, you are more than welcome to choose the desktop wallet. While registering for a Bitcoin wallet, you’ll be required to provide your email address and a Bitcoin password. Unlike an e-wallet where you’ll be required to provide your home address, Bitcoin does not ask for your place of residence at all.

2. Load Your New Wallet with Bitcoins

   Once you selected the type of Bitcoin wallet you want, and managed to successfully register a Bitcoin wallet, you can go ahead and purchase Bitcoins to add to your Bitcoin wallet. You can buy Bitcoins in several different ways, and the most popular ways include purchasing bitcoins directly through your Bitcoin wallet, or use Bitcoin exchange services such as Bitstamp or BTC China that will allow you to trade several currencies for Bitcoins. In addition, you can exchange your Bitcoins for another currency if you feel like it. Furthermore, you can purchase Bitcoins from other Bitcoin users for a price that’s pre-agreed upon, or mine your own Bitcoins by using special software to solve mathematical problems.

3. Register with a Bitcoin Online Poker Room

   Once you obtained a Bitcoin wallet and loaded a couple of Bitcoins into your wallet, you’ll be ready to register with one of our recommended online poker rooms that accept Bitcoin as a deposit method. Once you completed the registration process, make your way to the Cashier section and select Bitcoin as your deposit method.

4. Depositing Funds at a Bitcoin Online Poker Room

   Once you completed the steps mentioned above, you’ll be able to deposit funds in your online poker account. With Bitcoin, you won’t be required to provide any card details or personal information to deposit funds at an online poker site. Instead, your funds will be transferred from your Bitcoin wallet to your online poker room through Bitcoin addresses. A Bitcoin address is characterised as a series of numbers and letters that normally range between 27 and 38 characters. Therefore, if you are using Bitcoin as a deposit method, you will only need to provide your Bitcoin address and the online poker room address to make a successful deposit.

Advantages of Bitcoin

Bitcoin provides a fantastic range of advantages for both online poker operators and online poker players, making it an attractive alternative for funding your online poker account. Players that are accustomed to high transaction fees and credit card rejections, like poker players residing in the US in particular, will find Bitcoin extremely helpful. With Bitcoin, there are no credit card intermediaries or banks that take their cut when making an online transaction. In addition, Bitcoin deposits can’t be blocked by anyone, and they are normally free of any additional charges apart from the Bitcoin transaction fee that is usually the equivalent of a couple of cents. One of the greatest benefits for online poker operators, apart from the advantages as mentioned above, is that transactions with Bitcoin are mostly like playing with cash. There’s no likelihood of a ‘chargeback’ taking place as you get on a credit card transaction where a player disputes the charges that were made on their credit card to obtain a refund.

Another great benefit is Bitcoin’s anonymity. Although it is commonly believed that Bitcoin renders a player, as well as their transactions, completely anonymous, it’s better to say that Bitcoin is semi-anonymous. While individual transactions with Bitcoin might be anonymous, that can only be identified by a certain cryptographical generated address for the receiver and sender, the Blockchain maintaining the ledger of all transactions made with Bitcoin can be used to track down the origins of any funds when using Bitcoin. Therefore, someone converting Bitcoins back to cash at any online exchange, for instance, can have their transactions traced back to the point of origin.

The speed of Bitcoin transactions is also one of its biggest assets. Transactions made through Bitcoin are almost instantly received. However, online players that are new to Bitcoin quickly become aware of the confirmations concept that slows down a transaction which greatly depends on a poker room’s policy. To protect against the same Bitcoins being spent again, the receiver can wait for the network to confirm the transaction a couple of times before the funds are credited to your online poker account. This can have a delaying effect on the acceptance of your deposit ranging from 10 minutes up to 1 hour. If you not too sure if the online poker room has a delay, you can simply ask them how many times a confirmation is required before your funds are accepted. Each confirmation roughly takes up to 10 minutes in real-time.

Disadvantages of Bitcoin

Some online poker rooms that offer Bitcoin as a payment method usually don’t hold a gambling license from a specific jurisdiction. It’s widely known that gambling licenses are associated with plenty of application fees, so online poker rooms save large sums of money that would normally be spent on obtaining a gambling license. Therefore, before registering with an online poker room, ensure they have a gambling license from a well-known jurisdiction.

Although the popularity of Bitcoin is increasing, the online poker rooms that accept Bitcoin as a payment method is still somewhat limited. Another disadvantage is that Bitcoin is considered a volatile currency which means the exchange rate can fluctuate very quickly.

Bitcoin as a medium of exchange vs in-game currency

One crucial factor to consider when using Bitcoins at any online poker room is to find out whether the online poker site allows you to use Bitcoin as an in-game currency, or if it will convert your Bitcoins into another currency before you can join a cash table or tournament. If the latter is the case, you shall be subject to Bitcoin’s fluctuating exchange rate from Euro to U.S dollar. It is not uncommon for the exchange rate to vary over 5% on any given day, which is an extraordinary event for any of the world’s fiat currencies. For this reason, it would be wise to avoid any Bitcoin currency exchanges at an online poker room, and rather look for one that will allow you to use Bitcoin as an in-game currency.

Frequently Asked Bitcoin Questions

There are more and more online poker sites popping up that accept Bitcoin as well as special tournaments and bonuses. They are slowly becoming popular, but are not yet as widely accepted. Keep in mind that when you withdraw your Bitcoins they might be worth less or more than what you deposited them for.

Bitcoin is independent of banks and there is no middleman involved, which means that a Bitcoin deposit will reflect instantly.

You are able to make withdrawals with Bitcoin and this process instant. You will also not need to verify your identification for the withdrawal.

There is a danger of Bitcoin being hacked because it is a peer to peer network that is open. However, as the currency grows, security will also grow and improve.

Yes, you are able to transfer Bitcoin on your mobile to online poker rooms as well as sell, buy and convert the currency.

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 and access payouts using Bitcoin
• Which US poker sites cheaply and easily accept Bitcoin
• History and information on how to get started with Bitcoin

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!

Also on this page: Top Bitcoin Sites >What is Bitcoin > Deposit & Withdrawal Limits > Types of Online / Offline Wallets > Downloading a Wallet > How to Buy > How to Cashout > Pros & Cons > FAQ > Terms

Which Sites Are The Best Sites for Bitcoin Deposits ?

1. Ignition Pokeris the single biggest Bitcoin 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 Bitcoin poker, games, and tournaments here than at any other US friendly poker site.

2. Bovada Poker is a top online poker site for tournaments. Their weekly schedule is packed full of small-to-mid buy-in games, many with guaranteed prize pools including use of Bitcoin poker. Look out for the tournament festivals known as the ‘Online Super Series’, which often include a tournament with a $1,000,000 guarantee.

3. BetOnline Poker is the final major legal US poker site welcoming Bitcoin. This is a long-running sports betting brand which is based down in Panama. BetOnline is 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 – we 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).

What is Bitcoin?

Bitcoin is the world’s largest cryptocurrency – the coin that started the crypto revolution. Bitcoin allows for peer-to-peer money transfer, which are written in a digital ledger, a bit like an accounting transaction. There’s no coin or physical manifestation of Bitcoin – it’s simply code, which represents a value in fiat currency.

Getting into definitions about Bitcoin can become quite technical, and quite quickly, so it’s best just to think of it as a digital payment method that does away with the banks, payment providers, and prying eyes of the government.

Bitcoin was first released in 2009, following a white paper explaining the fundamentals of this new technology. The cryptocurrency is attributed to an anonymous inventor – Satoshi Nakamoto – who’s true identity remains a mystery to this day.

Today, you can buy bitcoin on exchanges and wallet services like Coinbase or Bitpay. These are probably the easiest option for those new to buying or selling bitcoin for fiat, providing both access to the bitcoin market as well as a digital wallet service for storing and transacting with your bitcoin.

Bitcoin wallets are the digital equivalent of the wallet in your pocket. From this wallet, you’ll send and receive funds using your unique wallet address and corresponding private key, which secures your bitcoin. Don’t lose any of this information – lose track of your wallet or your private key, and you might end up getting locked out of your funds.

Multiple different wallet services exist. While the likes of Coinbase roll all the services you’ll need into one, downloading a wallet and buying/selling bitcoin yourself remains the cheapest option.

Downloading a Bitcoin Wallet

If you don’t want to download and maintain a wallet and you’re just looking for the easiest way to buy, store and send your bitcoin, check out Coinbase. Otherwise, you can follow these simple steps below to get up and running with your own bitcoin wallet.

Bitcoin.com offers a wallet app which can be quickly and securely downloaded to your smartphone – perfect for both bitcoin core (BTC) and bitcoin cash (BCH).

1. Head to your device app store.
2. Type ‘bitcoin.com wallet’
3. Find the bitcoin.com wallet
4. Tap ‘Get’ or ‘Install’ to begin the downloading process.
5. Open the app to reveal your new wallets – one for BTC and one for BCH.

You’ll find send and receive tabs below your main wallet balances, which will guide you through the process of transacting in bitcoin.

If you’re buying from an exchange like Coinbase, you can then send your funds from the platform to your wallet, using the unique address generated under the receive tab.

How to Buy Bitcoin

Bitcoin is bought from exchange services, or from brokers, depending on your requirements. We’ve already mentioned Coinbase, which is the market leader, but there are others you can use, like like BitPay and Blockchain.info. You can also buy bitcoin from any individual – it’s a peer-to-peer market, after all.

Follow these simple steps to buy your first bitcoin to play Bitcoin poker and other games.

1. Download and set up your bitcoin wallet – you’ll need your wallet address for storing the bitcoin you’re about to buy.
2. Choose an exchange service, such as Coinbase or Kraken.
3. Create an account with the exchange – you will likely be asked to verify your ID before you can begin purchasing bitcoin.
4. Go to the ‘Buy’ section of the exchange, and enter the amount you want to buy in either BTC or your local currency.
5. You’ll be quoted a price for your transaction. Once you accept this, the transaction will be processed and your bitcoin will show up in your exchange account.
6. From your exchange account, send your bitcoin to your external wallet address.

Easy instructions on how to buy Bitcoin for poker deposits.

Be sure to write down your private key and treat it like cash or anything else that’s highly valuable – lose this, and you lose your money in most cases. So if you do intend to store your bitcoin in a software wallet, make sure you don’t lose the digital keys to the door.

What are the Main Benefits of Using Bitcoin

Bitcoin has exploded in popularity since its launch, to the point where an increasing number of merchants online now accept payment in bitcoin.

• Peer-to-peer: no third parties required
• Anonymous transactions (kind of)
• Secure payments
• Variable value: holdings can increase in value
• Low transaction fees
• Minimal counterfeit/fraud risk

What are the Disadvantages of Using Bitcoin

Of course, bitcoin does have some disadvantages you should weight up.

• Not fully anonymous
• Lots of hackers and scams; it’s up to you to securely store your funds
• Processing times for BTC can be sluggish (BCH is quicker)
• Variable value: investments can go down as well as up!

Bitcoin Deposit and Withdrawal Limits

Deposit and withdrawal limits vary with each Bitcoin accepted poker room, along with the processing times. You will find both the deposit and withdrawal limits for each poker site. The minimum deposit varies for each site. Ignition and Bovada both accept deposits as low as $10 with Bitcoin, Sportsbetting and Betonline accept deposits as small as $20 while America’s Cardroom has a $50 requirement via Bitcoin.

• Bovada Poker: Deposit up to $5,000, unlimited withdrawals. Usually takes around 1 day for withdrawals.
• Ignition Poker: Deposit up to $5,000, unlimited withdrawals. Usually takes 1 day or less for withdrawals.
• Americas Cardroom: Deposit maximum of $25,000, withdrawal maximum of $10,000. One withdrawal per day, up to 5 per week.
• BetOnline Poker: Deposit maximum of $25,000, withdrawal maximum of $10,000. Withdrawals take a maximum of 48 hours.
• Sportsbetting Poker: Deposit maximum of $25,000, withdrawal maximum of $10,000. Withdrawals take a maximum of 24 hours.

Pros & Cons of Using Online or Offline Bitcoin Wallets

The pros and cons of using both online and offline Bitcoin wallets

There are two main types of cryptocurrency wallet – online and offline. Online wallets are probably the easiest to use. You log in, do your business, and log out. This leaves your coins sitting in the wallet. But this convenience comes at a price – security.

These are called ‘hot’ wallets, because bitcoin is being held online. This means you’re always more susceptible to hacks and thefts, versus storing your coins on a hardware wallet. If you’re only sending $10 here and there, it might not be worth going the whole hog and getting yourself a hardware setup. But if you intend to be a regular user or you’re sending and receiving larger amounts, this can be a good investment in the security of your bitcoins.

Coinbase: The leading online wallet and exchange service, this platform is great for those new to BTC. It’s easy to use, secure and probably the most trustworthy name in crypto. However, it can be expensive relative to other services, and some users get understandably nervous about holding large balances with any online wallet.

Electrum: A ‘cold’ wallet, which stores private keys offline. This is the choice for the more security conscious, protecting your funds from the risks of hacking faced by so-called ‘hot wallet’ funds. Not as easy to use as the likes of Coinbase.

BitPay: An easy to use app which does it all for you. Like Coinbase, this can be a more expensive choice, in terms of fees and exchange rates. However, it is simple to use, and widely regarded as a trusted bitcoin wallet and payment service. Play Bitcoin poker and other games safely and securely.

Blockchain.info: Send, receive and trade with a Blockchain.info wallet, which offers up some of the lowest fees around. It’s still an online service, so not quite as secure as the hardware options, but over 29 million users trust Blockchain.info to handle their crypto transactions and store their coins safely.

Ledger: A hardware wallet that lets you store your cryptocurrency entirely offline – the most secure option available for safeguarding your funds. Probably not for the casual user, and there’s the hardware cost for buying a Ledger wallet, but the security benefits make this more than worthwhile for those regularly using bitcoin, or sending larger transactions.

Bonus offers with Bitcoin

A number of online casinos who offer online gambling have generous welcome bonuses and deposit bonuses for using Bitcoin to play Bitcoin poker and other games. It is pretty much free bitcoin to use! Here are some bonus offers to play Bitcoin poker and games today.

1. Ignition- Ignition offers a 200% Bitcoin match bonus up to $2,000. If you make your first deposit with Bitcoin you will get an additional 100% bonus up to 100%. It is a top Bitcoin poker experience.

2. Bovada – Bovada offers a bevy of Bitcoin promotions to meet your gambling needs. In sports, Bovada offers a 50% match bonus up to $500. In Casino games, they offer a 150% match bonus up to $1,500 (redeemable 3X). Bovada is a worthwhile Bitcoin poker experience.

3. BetOnline – They offer a 100% 1st-time cryptocurrency bonus with a max deposit of $1,000. They also offer a 35% crypto bonus on reloads. Use bonuses on their sports, poker games, and more! There’s few places for Bitcoin poker.

How to Cashout from a Poker Site with Bitcoin

So you’ve got a Bitcoin poker balance after you cashed out from the poker room and you want it in cold, hard local currency. Simple – this is a ‘sell’ transaction, so you’re basically going to go through the buying process in reverse.

• Login to your exchange account and find your exchange wallet address. The exact process here varies depending on which platform you’re using, but this is usually not too difficult to find. Platform-specific instructions will be available from the ‘Help’ section of your exchange.
• From the wallet where your bitcoin is currently stored, you want to send the amount you’re intending to withdraw to your exchange wallet, so your funds are primed and ready to go. Alternatively, if your funds are already stored in a wallet linked to an exchange, you can just directly sell them for market value.
• Head to the ‘sell’ section of the exchange, and input the amount in BTC or local currency equivalent you want to sell.
• Confirm the transaction and wait for funds to appear in your exchange account. From here you can withdraw to your bank account through your verified exchange account.

How to cashout from the poker room to Bitcoin wallet and finally, to your bank account.

FAQ’s – Frequently Asked Questions

Are Bitcoin Poker Sites Safe to Use?

Bitcoin for poker is entirely safe, as long as you’re careful with where you’re sending your money. If you transact through an exchange like Coinbase, and you double-check you’re sending to a verified, trusted bitcoin address, that’s a perfectly secure transaction. However, there are scammers out there who will do their best to get you to part with bitcoin, your private keys or other sensitive information – so you should definitely be careful, at least until you know what you’re doing.

Is Bitcoin Legal?

Bitcoin is legal in most jurisdictions worldwide, although some countries like Russia and China take a more restrictive approach to its use. There’s nothing illegal about bitcoin in itself, just as there is nothing illegal with any cash payment. Bitcoin is just another currency, albeit in digital form – even if some countries don’t yet recognize its status as legal tender.

Is Bitcoin available to use on mobile devices?

Bitcoin is available to use on your mobile device paired with a Bitcoin wallet (details listed above) when you are playing on a mobile-friendly site or on a casino-specific app. Mobile devices ensure great Bitcoin poker action.

Is Bitcoin Really Anonymous?

Poker Sites That Use Bitcoin

Bitcoin is anonymous to a point. There’s nothing with your name on it, but all transactions are permanently recorded in the distributed ledger, and it may be possible to trace transactions that originated from the same accounts. So it’s anonymous in most cases. But if you’re doing something illegal, you should still be concerned about this being traced back to you, in part through the clues you leave on the bitcoin ledger with each transaction.

Can I Use BTC to Deposit and Cashout?

Yes! Bitcoin is supported across a growing number of real money poker sites. Check out Bovada Poker, Ignition Poker or Americas Card Room for great sites that allow you to deposit and cashout with BTC while having a great Bitcoin poker experience.

Which Sites Process Bitcoin Withdrawals the Quickest?

Bovada and Ignition Poker are the quickest in terms of handling withdrawals, with less than one day required before you get your hands on your cash.

Bitcoin Poker Us Players

Terms to Know for New Crypto Users

Cryptocurrency: Any virtual currency like bitcoin or ethereum that is bought and sold digitally.

Online Poker Bitcoin

Bitcoin address: The unique address, a string of letters and numbers, which makes up your bitcoin wallet. Send and receive funds to this address, like an email address.

Private Key: The main security feature, you’ll need this private key to send transactions from your bitcoin wallet address. Guard this with your life, it’s the equivalent of your PIN number.

Bitcoin Wallet: The digital wallet identified by your bitcoin address, which holds your bitcoin and, for example, you Bitcoin poker winnings.

Blockchain: The distributed ledger technology that supports cryptocurrencies like bitcoin. Blockchain has a number of use cases aside from cryptocurrency, and is widely regarded as one of the most fundamental tech revolutions since the Internet.

Decentralized: The opposite of centralized – bitcoin transactions are recorded on a ledger spread across multiple different ‘nodes’, rather than one single server. This improves security, as well as being fundamental to the smooth operation and recording of cryptocurrency activity.

Online Poker Sites That Accept Bitcoin

Value: The market price for bitcoin at a given time. Bitcoin is valued based on supply and demand, and is still subject to volatile price swings. As a result, the value of bitcoin is always changing – hence why many see it as a vehicle for investment, as well as a digital currency.

Supply: The total number of bitcoins that have been mined, or that are available for purchase. Bitcoin’s supply is restricted to ensure value.