Betcoin is one of the giants of bitcoin gambling. They formed a few years ago back in December 2013 and have since established themselves as a major player in all types of Bitcoin gambling such as sports betting, casino and now online poker. There are all kind of bonuses to be had when you first deposit on their great poker site. Anything from free Bitcoin freerolls, where you can have the chance to win yourself some free Bitcoins, or deposit bonuses for the first, second and even third deposits you make. There are many daily bitcoin tourneys such as the, “The Daily Coin” where players have the chance to win their share of 1 bitcoin, or the “Daily Double MTT Bitcoin Poker tournament.
Betcoin - Deposits/Withdrawals
Players at Betcoin Poker can either deposit or withdraw with either digital currency - Bitcoin or Litecoin. When players make a deposit, chips are added based on a ratio of 1,000 chips for 1 Bitcoin. Most Bitcoin gambling sites (poker or casino) use this process as it is much easier to keep track of the monetary value. Betcoin Poker has a really low rake ranging from around 2% and is a little higher depending on what stakes you are playing.
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Bitcoin - Poker Tournaments and cash games
Betcoin Poker has lots of different variations of both cash games and bitcoin poker tournaments. The cash games range from Texas Hold’em, Omaha, and 7 Card Stud with table stakes ranging anywhere from 0.01BTC up to 2 BTC. The higher limit tables don’t have a lot of traffic at “off-peak” times, but you can normally find at least one table operating for the higher limits, no matter what time of the day it is. Betcoin have lots of great Bitcoin tourneys throughout the day. These include satellite tournaments such as WSOP qualifiers for players with smaller bankrolls to have a major payday should they reach the latter stages of the bitcoin poker competition. There are many daily MTT bitcoin freerolls offering players the chance to build their bankroll from literally nothing! These tournaments normally have a lot of players (around 300) at any given time. Other well known, popular poker tourneys are the “sit and goes”. These often have lots of poker players battling it out, especially at the lower stakes tables. For a relatively new site, Betcoin Poker has great traffic, and it's only going to increase over the next few months.
Bitcoin - Poker bonus
At Betcoin Poker you will receive a 100% matching bonus that I released instantly. Of course you will need to “earn” the bonus as parts for the bonus is credited to you when you reach a particular milestone. We reached our 0.5 Bitcoin bonus after about 3 weeks. Betcoin Poker also offer special promotions such as bitcoin rake backs, sometimes up to 10%, but you will need to see their site for when such offers are available. There are also many daily bitcoin freerolls as mentioned earlier that not only offer you the chance to win some free bitcoins, but also, giving you the opportunity to test the waters before you make the leap to deposit.
Betcoin - Poker Software
The Betcoin poker software is as good as it gets. You have both the options to download the software or run via your browser. Betcoin Poker also give you the options to play bitcoin poker via your smartphone devices on both IOS and Android. The software itself is really advanced and clean. We are yet to encounter any kind of lagging or crash and we play with both mobile and PC. There are also great features to view hand history or to edit the interface to your liking. Multi tabling also gave us no issues at all.
If you are looking for a great Poker site, where you can play anonymously, Deposit and withdraw without all the nightmare paperwork, and long withdrawal timescales, then we would strongly advise you venturing over to Betcoin Poker!