Betcoin has announced its new Bitcoin based Poker platform. The poker service will allow customers to place bets using the Bitcoin virtual currency. To celebrate the launch of the new service, Betcoin are running a few great promotions to attract new players.
Currently, Betcoin are running the service with a 0% rake on the tables. This means more winnings go to the players for the time being. On top of that, Betcoin is rolling out a Bitcoin Poker Freeroll campaign, worth hundreds of Bitcoin.
Is Bitcoin The Future of Poker?
Bitcoin is one of the most interesting changes going on in the gambling industry, let alone within any industry. Bitcoin is an entirely new currency that only exists in a virtual state. The currency continues to gain in popularity due to its strong encryption, which lends it to be both secure and an untraceable method of payment.
The problem is that most businesses simply don't understand it or can't think of a way to implement it well into their current business model. Betcoin are one of the few Bitcoin casinos who are including Bitcoin as one of their banking options. This puts them well ahead of most casinos in the industry, with many commentators predicting that Bitcoin will become huge as the years move on and companies that fail to capitalise on it now are only going to miss out.
Betcoin's own chief technology officer predicts that, “It's not long before fiat players in legacy casinos around the world see the attraction of Bitcoin for online gambling – my prediction is that within 10 years fiat-based casinos will have to adapt or die”
“Our casino – and our multiplayer poker suite in particular – make BetCoin an attractive package for any player converting to Bitcoin.”
Betcoin's New Poker Suite
So aside from Bitcoin, what can you expect at the new Betcoin poker suite? Well the new poker suite is kitted out with everything you would expect to find at any great poker casino.
- Players have levels that they are able to rank up, allowing them to access high value freerolls and tournaments
- They can unlock additional rewards for playing, such as physical prizes
- Players are able to completely customise their profile as well as create custom avatars
All over Betcoin looks to be both revolutionising the poker casino with its Bitcoin implementation, whilst also providing a good poker service in general. As things go, that sounds like a pretty solid victory to us.