Things to Consider When Playing Bitcoin Poker

by Marcus Smith Real Estate Agent

Poker matches can get very competitive. You never know when you’re sharing a table with a seasoned player, moreso when you’re in a wagered online poker match. This places a very small margin of error for those who are aiming for the pot, especially for players who use Bitcoin to play.

With the amount of players in crypto-based casinos today, the challenge of winning BTC from this fun yet tricky card game is real. Bitcoin is a digital currency, but this money is real and a bad loss could cost you a fortune. So before you enter an online poker match, high or low stakes, keep in mind the things you should consider in this guide to playing poker.

Go easy on deposits

The good thing about Bitcoin casinos offering poker games is that you are given the option to spread your coins into flexible amounts. Standard amounts of BTC look modest, but its value in regular currency shoots up when converted. Most poker betting sites offer minimum deposits that are as low as 0.0001 BTC, so there’s no reason to spend all your coins in one huge deposit. To ensure you can have a sustainable poker experience, go easy on your deposits.

Understand poker logic

The way to a poker win is through using your basic poker knowledge to come up with killer moves in play. The same principle is true when you’re playing Bitcoin poker. So don’t over complicate it. The mathematics of poker is all about knowing which starting hands to play, whether it’s pocket aces, kings, queens, or other power hands you can come up with. The more you enter a pot with strong hands, the more you can beat your opponents.

Find which game fits your style

All online poker variations look the same until you’ve tried four or five. There are tons of poker games available online, and the root of winning more profits can grow from your proper selection. The general rules of poker apply to all poker variations like Texas Hold’Em, Omaha, Three Card Poker and more that are available in Bitcoin-based poker sites. However, these games can vary according to play style. Finding one that matches your style can influence your winning chances.

Consider the rake

The best way you can earn Bitcoin from an online poker tournament is by finding a site that has lower, if not the lowest, rake in the market. In poker, the rake pertains to the percentage taken by the cardroom operator as commission fee. Knowing that the price index of Bitcoin changes by the second, playing poker in a site that offers a lower rake or higher rakeback percentage guaranteed higher profits.

Don’t stack your winnings

Regular casino betting sites often take a few days to process withdrawals, making it hard for poker players to receive their earnings. When you play Bitcoin poker, depositing funds is as fast as withdrawing it, which usually takes a few minutes. Maximize this feature by withdrawing your earnings to your wallet immediately after a win. This way you can see your Bitcoin investment grow quickly and sustain your poker journey by not overspending.