Cryptocurrency
Points to Consider for Choosing the Best Crypto Poker
Introduction
The COVID-19 pandemic that put everything else on hold for nearly a couple of years surprisingly could not dam the growth of cryptocurrencies. The number of crypto users and use cases has increased exponentially during those two years. The crypto casinos are one of the byproducts of the lockdown that is still holding on to a similar momentum because the inclusion of crypto seems to make everything from performance to security better than they already are.
Particularly, classic games like poker have been received well in crypto casinos as they are responsible for moving a large volume of money across accounts. So keep reading to know more about the whats, whys, and hows of Crypto Poker to help you get started in this exciting area.
About Crypto Poker
Crypto Poker can easily be called the new-age iteration of this classic game. Although the gameplay remains untouched for a large part, the innovations in the financial aspect alone are enough to make substantial changes in the game.
Instead of a bank, a player opts to process his funds through a blockchain while using cryptocurrencies for poker. This blockchain is a decentralized infrastructure, meaning your funds do not have to go through an intermediary, making the transfer much faster and more affordable. The transfer is validated through what is known as a network of nodes, and players must offer a fraction of their funds as a mining fee for these nodes.
Why Should You Play Cryptocurrency Poker?
As we have come to the ‘why’ part of the article, let us briefly see about the benefits you get from P
Crypto Poker.
- Huge bonuses are what lure players to Crypto Poker. The decreased upkeep expenses of crypto casinos play a big part in it.
- The wagering and withdrawal limits are comparatively higher than traditional poker games with fiat money.
- Your financial privacy is in safer hands while using Crypto Poker. This public ledger is pseudonymous storage that does not require personal details.
- The lack of intermediaries helps process your payments much faster, especially while making withdrawals.
- Crypto Poker allows you to place your bets in almost any crypto casino across the globe and these digital currencies are tax-efficient, too.
How to Choose the Best Crypto Poker?
Looking for the best crypto poker site can be difficult if you do not have the checklist. So this part of the article provides essential information to assist your selection process.
Different Poker Games
Be sure of your needs while looking for a Crypto Poker platform. A casino can offer different types of poker, like virtual poker, video poker, and live dealer games. Poker also includes variations like Texas Hold ’em, Omaha Hi, Omaha Hi-Lo, 7-Card Stud, Badugi, etc. One must look for a platform with all their preferred games for the best possible experience.
Available Tournaments
If you are looking to earn some additional dimes, tournaments are the best way to do it. You must review various aspects like tournament duration, supported games, and winnings before clicking the start button.
Bonuses & Promotions
Crypto Poker offers endless opportunities to maximize your profits through bonuses and promotions. So, if you can find the absolute best casino, you will not even have to spend your money to earn a profit.
Quick Seats
It could be tiresome to wait for a tournament to join an online poker platform, so you should look for a casino with the Quick seat feature. A platform with the Quick seat feature can get you into a tournament or game in less than a minute after choosing.
Depositing And Withdrawals
Never forget to review the payment methods offered in the casino. Particularly when you are a newcomer, it is better to use a platform such as BetOnline or BitStarz that connect you to regulated exchanges and wallets.
Rakes
In poker tables, rakes are the fees that the players pay online service providers. Generally, crypto casino rakes tend to be much more affordable than traditional poker. A crypto casino’s standard rakes are between 4% and 5%.
Mobility
It is always better to go for a Crypto Poker platform that you can access from different devices. Also, mobility is one of the important signifiers that says a lot about how the operator treats the user experience.
Customer Support
Any activity that involves money is prone to have some trouble while processing. So prompt customer support is not only a sign but also the duty of a reliable crypto casino. This critical function needs to be tested before you can play the games.
Related Article: Top Crypto Gambling Sites
Features of Crypto Poker
Apart from the advantages of cryptocurrencies, you can access several other features in Crypto Poker. The following are some unique features you can find in a Crypto casino.
- Provably Fair is probably the best deal you get in a crypto casino. This cryptographic algorithm helps users actively check the games’ fairness.
- The payments are hassle-free and do not require your details. Furthermore, the platforms can use identity proofing solutions like Proofi to avoid storing users’ data.
- If you are looking to win big in tournaments, cryptocurrencies, like BTC, ETH, etc., should be your choice. For example, One Million Windfall in BetOnline casino is a poker tournament where you can easily turn your $10 into a million dollars if you have what it takes.
- Some casinos have built-in Crypto Exchange features to help you exchange your funds, no matter how small. They also have converter features to keep tabs on your money’s value.
- Players also have choices like Virtual or Live poker games and do not have to compromise on the experience they expect to have.
Conclusion
Crypto Poker is one of the latest trends that not only helps you blow some steam off with exciting gameplay, but it can also help you land the jackpot if you are lucky. But beware not to lose your peace of mind for the jackpot and play responsibly. There is only one true way to win the jackpot in a poker game: to not chase after it.
NBA superstar Tristan Thompson is the latest big name to partner with Sportsbet.io, the world’s favorite crypto-first sports betting site, as its newest global ambassador.
Thompson, a Cleveland Cavaliers center and 2016 NBA Championship winner, will bring his star power and passion for cryptocurrency to the Sportsbet.io community for the next two years.
The Canadian basketball legend will be sharing his views on the latest action for Sportsbet.io, where fans will have the opportunity to take part in some exclusive promotions.
Tristan Thompson, Sportsbet.io ambassador, said: “Sportsbet.io brings together my two biggest passions: sports and cryptocurrency. I’ve been following the crypto sector for some time now and have seen how transformative it can be. There’s no better place to combine that with my love of sports than Sportsbet.io.”
Shane Anderson, Director Partnership, Content and Brand, Yolo Entertainment, the operator of Sportsbet.io, added: “We’d like to give a huge Sportsbet.io welcome to Tristan, an elite athlete whose passion for both basketball and cryptocurrency makes him a perfect match for us. We’re thrilled to have him on the team, and we already have some exciting plans in the works. Watch this space.”
Thompson’s crypto credentials are already well established; he’s been a vocal supporter of Bitcoin, and recently celebrated as it reached a new all-time high in price.
He will be providing weekly betting tips on a range of sports, including NFL, MLB, European soccer, tennis, golf, UFC and boxing.
The partnership with Thompson marks another exciting new chapter for Sportsbet.io, which has earned a reputation for both its innovative approach to gaming, and its star-studded line-up of ambassadors, including cricket legend Brett Lee, Kenyan rapper King Kaka and many more.
Sportsbet.io is also an official partner of LALIGA and Newcastle United.
The post NBA star Tristan Thompson signs for Sportsbet.io appeared first on European Gaming Industry News.
Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY)
(OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for digital-first players, today announced it has added U.S. President-elect Donald Trump’s official Solana cryptocurrency ‘$TRUMP’ as an accepted payment method.
Ahead of the U.S. Presidential Inauguration on January 20th, Rivalry users are now able to deposit and wager using $TRUMP, a cryptocurrency on the Solana blockchain which currently has a fully diluted value of over USD $30 billion. The addition of $TRUMP as a payment method on Rivalry comes less than 24 hours after the President-elect released the cryptocurrency on Friday evening.
”Meme coins are attention monetized, and the release of $TRUMP just days before an Inauguration is a quintessential internet and crypto culture-driven moment which enabled it to eclipse $30 billion in fully diluted value shortly after its debut” said Steven Salz, Co-Founder and CEO of Rivalry. “Rapidly deploying $TRUMP as a deposit method in less than 24 hours is a testament to our ability to identify and lean into these universal cultural moments, layer it into our core crypto gambling experience, and deliver first-of-its-kind experiences to our users.”
Additionally, Rivalry customers wagering on-site with $TRUMP will receive exclusive rewards through February 1, 2025 in recognition of the upcoming Presidential Inauguration, including multiplying the amount of NUTZ–the Company’s native token–players earn on every bet by 20x, a reflection of the inauguration on Monday, January 20, 2025.
With the acceptance of $TRUMP, along with a number of other major cryptocurrencies as part of Rivalry’s crypto-first approach, the Company has ongoing treasury holdings of various major cryptocurrencies and meme coins that it accepts as a deposit option. The Company will continue to add additional cryptocurrencies as needed to support its player base and continual expansion into the crypto gambling segment.
$TRUMP as a payment method will be available to Rivalry users in jurisdictions which apply to the Company’s Isle of Man license only.
The post Rivalry Adds $TRUMP Meme Coin as Crypto Payment Method appeared first on Gaming and Gambling Industry in the Americas.
SOFTSWISS, a tech company and pioneer in crypto gaming with over 15 years of experience, conducted a survey revealing that the majority view crypto as a key driver for growth in new markets. Experts also analysed this year’s crypto bets to share the latest insights.
Bitcoin recently reached a historic high, getting closer to 90,000 euro per coin. However, during the third quarter of 2024, it faced its sharpest drop in several years. SOFTSWISS experts examine how these market shifts have influenced iGaming performance in the quarterly ‘State of Crypto’ analytics.
A Quarter of the World’s Population Engages in iGaming
Global iGaming statistics indicate that approximately 26% of the world’s population were ever engaged in iGaming. By 2028, the iGaming market is projected to reach 243.2 million users, with a market volume nearing 130 billion euro, a substantial portion of which is expected to involve cryptocurrency.
SOFTSWISS data shows that during the 9 months of 2024, the Total Bet Sum, including both fiat and crypto, increased by 43.1% compared to the same period of 2023. Simultaneously, the Total Bet Count showed even more impressive growth, surpassing 44.5%.
An in-depth comparison analysis since 2022 demonstrates fiat bets are rising much more rapidly than crypto. A comparison between the first nine months of 2024 and the same period of the previous year revealed that the Fiat Bet Sum achieved a 50.4% boost. The conservative approach toward payment methods has resulted in Crypto Bet Sum growing at a slower pace compared to fiat and has led to a modest 4-percentage-points (p.p.) decline in the crypto share in 2024.
[1] Based on data from ongoing projects[
Potential of Crypto in iGaming 2025
According to the SOFTSWISS iGaming Trends 2025 Report, cryptocurrency is set to remain one of the preferred payment methods within the sector. Based on the company’s survey, 58% of respondents identified crypto as the primary driver of growth in new markets, underscoring its essential role in shaping the industry’s future.
Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, reflects on the possibilities of crypto: “Integrating crypto payments allows iGaming businesses to operate globally, delivering greater speed and convenience. With iGaming’s naturally borderless reach, this expands platforms’ access to a wider international audience, boosting their global growth potential.”
“What is more, crypto transaction fees can be almost three times lower compared to traditional fiat gateways, allowing iGaming businesses to save on processing costs and reinvest that capital”, adds Max Krupyshev, CEO of CryptoProcessing by CoinsPaid.
SOFTSWISS data confirms stable interest in crypto. In the first nine months of 2024, the Crypto Bet Sum increased by 15.2% compared to the same period the previous year. A long-term quarter-by-quarter analysis reveals a consistent growth pattern, though the third quarter of 2024 saw a 9 p.p. decline from the previous quarter. The drop aligns with the decline in the exchange rates of major cryptocurrencies, including Bitcoin, Litecoin, and Ethereum, which occurred in the third quarter.
Meanwhile, the Crypto Bet Count rose by 16.2% in Q3 2024, indicating stable interest in crypto gaming. This combination reveals that while engagement in crypto betting remains steady, the total wagered sum is closely correlated to fluctuations in cryptocurrency exchange rates.
Altcoins Share Growth
The top five most popular cryptos in iGaming have remained stable over the years, with some shifts in the ranking order. Bitcoin, Ethereum, Litecoin, Tether, and Dogecoin are the most popular among crypto players. While altcoins accounted for only 25.1% of bets over the first nine months of last year, their share increased significantly to over 47% during the same period in 2024.
Bitcoin’s share dropped by 22 p.p. during the nine months of 2024 compared to the same period of 2023. At the same time, Tether and Litecoin saw the most impressive share growth, with over 8 p.p. and 7.8 p.p., respectively. Ethereum strengthened by 4.9 p.p.
Another impactful trend reveals some casinos, like Rollbit and Shuffle, utilise their own iGaming tokens to boost player engagement. Tokens designed specifically for gaming offer enhanced compatibility across platforms, lower volatility, and exclusive perks for users. Crypto drives the development of new payment methods and business growth.
Vitali Matsukevich summarises: “Crypto offers iGaming operators key advantages beyond lower costs and global reach. Blockchain enhances safety and fairness through transparency and traceability, with each transaction and game result permanently recorded and tamper-proof. Partnering with trusted crypto experts allows operators to harness these benefits, positioning themselves for growth and effectively navigating market shifts.”
The new SOFTSWISS iGaming Trends 2025 Report offers more insights about crypto in the ever-evolving iGaming sector. The visionary report is free to download via the link.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka affiliate platform, the Sportsbook software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.
The post SOFTSWISS Survey Q3’24: 58% Cite Crypto as Key Driver in New Markets appeared first on European Gaming Industry News.
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