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Friday, February 28, 2020

The Real Definition of Bitcoin Poker


Have you heard of Bitcoin poker? Well, this is the first time that a new poker variation has been introduced in the world of poker and if you are an avid poker player then you may have already started to explore the possibility of it.
What does Bitcoin poker have to offer poker players? The beauty of the poker game has always been its versatility, it can be played online or offline. In fact, it can be played with all sorts of software from a computer or a phone.
Nowadays, poker rooms like the Full Tilt Poker and the Jacks do their own version of poker and they cater to people from different countries as well. On the other hand, there are also poker rooms that cater to users from one country only. For example, Poker Stars in the US, Full Tilt Poker in Canada and Poker Stars in the UK. So, now you know why there are two versions of poker.
There are also several major poker sites that have got themselves into the Bitcoin business. So now you know where the popularity of bitcoin poker comes from.
It's important to note that Bitcoins are basically just virtual currency that is issued by a digital certificate. This is an electronic money that is not backed by any financial institution or government. So if a website gives away Bitcoins, they don't even really need to have one if the money isn't too heavy in value.
Image result for crypto poker
The Bitcoins you will get from playing online poker have a similar value to any other form of currency. If you purchase Euros in cash then you would receive the same amount of Bitcoins. But if you purchase a Bitcoin, you will get less Bitcoins than cash would.
Another thing that is quite interesting about Bitcoins is that you don't need to worry about any type of legal repercussions when using them online poker rooms. All you need to do is buy a Bitcoin wallet that has been pre-loaded with a few Bitcoins. So, if you're in a poker room and the price of Bitcoins goes up, you can sell them for cash.
It is important to note that if you are using Bitcoins to play online, you won't have to worry about any form of fees that are required in poker rooms. These Bitcoins are given to you as part of your membership fee to your poker room. In fact, it doesn't cost you anything.

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