If you ask most poker players if they would bet with the coins used in a traditional casino or the newer virtual currency used in poker rooms like Play casino, most would say that they would play in casinos where they receive funds in cash rather than in the form of cards or coins. Why is this so? Because in most cases, these poker rooms also offer deposit bonuses for depositing money into their online poker accounts. And that means that a player who plays in such a poker room can easily win a bit of free money, and double his or her bankroll, all just by depositing some money!
Imagine for a moment how much easier life would be if every major online casino operated using the most secure transaction network available, which is currently the case with BitPoker. There wouldn’t be any more middlemen, no more commissions and fees, and no more commissions and fees. With only a few percent of the world’s population using the cash value transfer method every month, what could make BitPoker better than most casinos? It just makes perfect sense, and that is why thousands of poker players worldwide are now switching from real currency to bitcoins.
What does this mean for us as poker players? For one thing, we have a global payment method that is highly reliable – the currency used in every corner of the globe is recognized as the USD, and the money used in Play poker should follow this standard. That means that we can send money to anyone around the world, securely and cheaply, without worrying about commissions and other fees often associated with foreign currency exchange.
One aspect that some people might not see is that many online poker rooms actually allow their members to create multiple accounts. Why? Simply because they realize that if they want to take full advantage of their customers by giving them more features and better services, they might need to add another account. In this case, they allow the user to keep their deposits in a separate wallet. While it isn’t always feasible to move large amounts around, a small amount of funds from a different account could be useful for small expenditures, such as new software or new hardware.
Another thing that makes things easier is that there are now a variety of solutions on the market that integrate themselves well with the bitcoin protocol. An example of this is BitTropics, which allows players to make transfers to and from their currency accounts using a bank account. Successful wire transfers will be free and should not have to be subjected to commission fees. Furthermore, users may be able to set up a virtual money box that functions just like a normal USB drive. This can be used to store larger amounts of money, such as those required for poker parties or large expenses.
There is also no need to worry about a few nasty problems that had plagued the world of electronic money transfer before. Withdrawals are now free, even for smaller transactions. Wire transfers are also much less expensive, as no conversion fee applies. Lastly, btc prices have no impact on withdrawals, as they are based on supply and demand. All in all, using a virtual wallet for poker players has many benefits, including ease of use, reduced fees, and the ability to play at a higher level than would be possible without it.