Bitcoin Poker Legal Rating: 9,8/10 7419 reviews

Ignition is one of the most popular poker sites accepting bitcoin for US and AUS players. Since 2011, Ignition has built for itself an excellent reputation for being one of the best crypto poker sites offering user security and the full regulatory compliance of a US poker room. The short answer is: if playing online poker is legal in your region, then playing poker online while using bitcoin is also legal. This is because bitcoin is viewed as another monetary payment system. If the online poker site accepts it, then it’s a good sign it’s legal.

Since the poker boom of the 2000’s, legal bitcoin poker has been at the forefront of popularity in the online gambling atmosphere. There are software companies that have formed their entire business plans on developing and updating poker software for the various online poker brands in the international gambling jurisdictions. Professional poker players credit the industry for taking the competitive circuits to the next level with the new functionality that those software companies have been able to provide in their apps. Among the communities, banking options have always been a topic of major consideration. Bitcoin has been at the foundation of those debates.

This is a guide that has been built to show you how available bitcoin is in the industry. In the sections below we will explain exactly how bitcoin interacts with the industry in various ways. You can use this guide as a personal resource for buying and storing bitcoin, along with transferring to your favorite gambling websites and using them in all the online poker games that you have grown to love over their new digital forms. You will discover the legality involved with online gambling and bitcoin and the details that you need to know to make sure you keep your cryptocurrencies safe and in your own digital wallet.

Only Reputable Bitcoin Poker Sites Listed
All Legally Licensed And Regulated

The bitcoin poker sites that we have included here in this guide have been double and triple checked for legality and regulatory requirements. Each of these sites have been vetted by our team of industry professionals that have over 20 years of experience in the industry. They are all located outside of the United States and hold all the proper licenses required for the services that they provide. Each of these providers make it easy for you to deposit and withdraw bitcoin and encourage their users to use cryptocurrencies in online gambling.

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What Is The Legal Status Of Using Bitcoin To Play Online Poker In The US?

Playing online poker in the United States is not illegal despite the various federal laws that have been put in place to regulate the industry. Online poker operators are unable to hold reputable businesses within the US not because it is specifically illegal, but because it has not been made legal. Because most states have not gone out of their way to make this industry legal, the proper tax infrastructure and regulating bodies have not been set. Without proper regulation online poker businesses tend to ail pretty quickly. The entrepreneur who wishes to start a reputable online poker brand then seeks out international gambling jurisdictions that can offer him or her that regulation that they require to reputable business with the worlds largest customer markets.

Common Legal Questions Related To Bitcoin Gambling

There are more states that allow online poker in the US than there are that have not. The only state in the US that has specifically made playing poker online illegal as a customer is the state of Washington. In every other state, playing legally regulated offshore online poker is not illegal and has never resulted in any arrests

The Federal Wire Act was written before the internet was created in 1961 to stop organized crime rings from running gambling circuits all over the country using telegraphs and other wired communications. It was updated in 2011 by the Department of Justice to apply to the internet but only to apply to sports gambling. Online poker was no effected by this law originally, or by its update by the DOJ.

If an online poker site that accepts Bitcoin violates the UIGEA, you don’t want to use them anyway. The Unlawful Internet Gaming Enforcement Act was set in place to oversee banking institutions and set parameters by which certain payment options can be used. This federal law makes placing bets online at offshore brands safer for Americans because it forces those brands to keep updated regulation and stay within the regulatory guidelines of the UIGEA. To simplify, the UIGEA is a law that places oversight on banking institutions, not bettors.

Advantages and Disadvantages of using Bitcoin in Online Poker Sites

Advantages

  • Bitcoin has the advantage of being decentralized and not tied to any national government in the world. This means that it cannot be taken from you based on laws set by your government, your bitcoin wallets cannot be frozen like fiat cash accounts, and no countries can place arbitrary fees on the transactions of it.
  • Bitcoin enjoys free processing at most online gambling websites that accept bitcoin.
  • Bitcoin is completely anonymous. It cannot be traced back to you in anyway.
  • The digital nature of the cryptocurrencies allows for them to transferred in and out of online gambling wallets instantly without any delay.

Disadvantages

  • Bitcoin’s price changes daily. The market volatility means that bettors have to pay close attention to maximize their winnings.
  • There is no way to track down lost bitcoin if you have paid for a service and the service was not given. Once you transferred the private keys within that bitcoin, it is gone to you forever.
  • Bitcoins can be stolen via hacking the way your wallet can be stolen via theft. This is what it is important to secure your bitcoin in a proper third party ewallet.

How To Play Poker Online Using Bitcoin

  • How To Buy Bitcoin - Your first step in acquiring bitcoin is finding an exchange to make your purchase. There are numerous exchanges out there that all trade at roughly the same rates with little to no fees for joining. Once you have found an exchange that you like, you will be able to register and purchase bitcoin and any other cryptocurrencies that they offer.
  • How To Get Bitcoin Wallet - Storing smaller amounts of bitcoin in the exchanges where you bought them is not terribly bad but exchanges are big targets for hackers and it is advisable for you to move you bitcoin to safer location. Bitcoin wallets come in all shapes and sizes but the easiest to way to separate them out is by hot and cold storage. Hot storage is a digital wallet that is on the internet that you can access from anywhere you can find WiFi. These are generally safe and offer a good amount of security for your mid-range amounts of bitcoin. They are still connected to the internet, however, which makes them at least that much more vulnerable than the cold storage options. Cold storage options are offline storage options where you can store your private bitcoin keys on USB drives or similar devices that are not connected to the internet and can’t be accessed by hackers. This the recommended option for large amounts of bitcoin.
  • How To Transfer Funds To Your online poker Account - Once you have decided on the bitcoin wallet that you would like to store your bitcoin in, you will be given a wallet address where you can use to send and receive bitcoins to your wallet. When you are choosing your deposit options at the online poker room of your choosing, you will be able to provide that address to make the deposit.
  • How To Withdraw Your Winnings - In much of the same way you deposited, simply request the withdrawal and provide your wallet address and the bitcoin winnings should be delivered to you instantly.

What You Should Know About Playing Online Poker With Bitcoin

Online poker with bitcoin
  • Are there Bitcoin Bonuses for Poker? There are various bitcoin related bonuses throughout the industry. Bitcoin has been a big part of the industry since the beginning and operators tend to incentivize the use of bitcoin because the price has been in a pretty steady incline since its beginning. If they make money in the form of bitcoin and let it sit, its likely to become more money down the road. That’s a healthy investment for online gambling company.
  • What Kinds of Poker Games can I play using Bitcoin? All the games that are usually offered at online poker websites that accept bitcoin. You will have options to play Texas Hold’em, Omaha, Americana, 32 Card Draw, and 3, 5, and 7 card stud. The stakes will vary from high, medium, and low and allow you to play with as much risk as you would like.
  • Are there Poker tournaments that I can play in with Bitcoin? Online poker websites that accept bitcoin have tournaments that are scheduled every day. You can enter any of these using bitcoin for a chance to win big prizes like a seat at the World Series of Poker or large lifechanging sums of money in Bitcoin form.
  • Can I use bitcoin in the online poker software? The online software that has changed the face of competitive poker has been made to accept all the deposit and withdrawal options that the website it is associated with accepts. That means that if the website you have chosen accepts bitcoin, its software is already set up for the use of the Cryptocurrency.
  • Is It Safe Play Online Poker Using Bitcoin? Playing online poker with bitcoin is safer than most options. You will never have to enter in your personal financial banking information and no offshore poker sites will ever have access to you bank accounts. They will only have the information for your digital wallet where your bitcoin us, of which you can have multiple.

Bitcoin Poker Legal Real Money

Other Popular Bitcoin Gambling Pages Worth Reading

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Is Bitcoin Gambling Legal? - Learn all about the legalities of gambling with bitcoin and which sites can be trusted.

Legal Bitcoin Casinos - We rank the most reputable online casinos that accept bitcoin here.

Legal Bitcoin Sports Betting - We review the bitcoin sports betting industry and rank the leading sites that we consider to be the most reputable.

Legal

Crypto Poker – FAQ

Betting with actual money is now a thing of the past. With the advent of cryptography, pseudoanonymity and crypto-currencies, it is now more convenient and safer to play online Poker and other online gambling games regardless of your whereabouts. Why risk the chances of getting spied on when you can use of virtual currency like Bitcoin to enjoy and make money with online gambling.

Global Poker Bitcoin

It you haven’t got a clue what a Bitcoin is, read along and get ready to be mind-blown by how beneficial it is to use Bitcoin in online gambling.

What is Bitcoin?

Bitcoin is a payment system in the form of digital money. Bitcoin is open-source, which means nobody owns it. The digital currency was invented by Satoshi Nakamoto and the real identity of the Bitcoin founder remains unknown up to this very day.

Since the introduction of Bitcoin, people haven’t really understood what it actually is. Some believe Bitcoin to be a real currency, others think it’s merely a commodity, a payment platform, a speculation bubble and many more. But no matter what you call it, Bitcoin is the future of paying for everything! Although it has to be admitted that today the biggest use case is actually speculation and trading. Novices can even study how crypto trading works.

Why do Bitcoins have value?

Since anything in this world has value, it can be a bit more complicated to understand and even explain why Bitcoins have ‘intrinsic’ value. Bitcoins don’t have physical denominations but they are considered as money that can be used to purchase anything as long as the merchant accepts such payment, of course.

Today, only a few merchants actually accept Bitcoin as a form of payment. But as more people and merchants realize the benefits and worth of Bitcoins, then the crypto-currency would become more acceptable to exchange and use like how the Dollar or Euro or even gold is today.

Bitcoins are created by a process called mining. But unlike traditional mining, Bitcoin mining is a network of thousands of computers, solving a mathematical problem.

Where do I keep my Bitcoins?

Technically, you can’t store Bitcoins anywhere. But just like with actual cash that you keep in your physical wallet, Bitcoins can also be stored in various “bitcoin wallets“. To be precise, you are not really storing the actual bitcoin ‘coins’ or ‘bills’, but only the digital keys used to access the public Bitcoin addresses.

There are several web-based wallets, USB wallets and hardware wallets that let you store your private bitcoin keys. You can also make use of paper wallets (they offer actual coin-like Bitcoin) which are the cheapest ways of keeping and storing your bitcoins. The best thing about paper wallet is that no digital keys are stored anywhere, therefore there would be no way to get your Bitcoin keys compromised via cyber-attacks or hardware failure.

Where can I buy and sell Bitcoins for Dollar/Euro?

To get some (or more) Bitcoins, you can buy them either by directly transacting with people who have them, or thru exchange trades. There are also a lot of Bitcoin markets selling Bitcoins and they are offering various ways as payment method as well (credit card, wire transfer, Paypal, etc). Just like when buying Bitcoins, you can also sell them by peer-to-peer transactions and exchanges.

An easy way to start is to pay by credit card – youll find some trustworthy Exchanges to buy Bitcoins with Credit Card on this website.

Are there downsides to playing poker online using Bitcoins?

There are downsides but Bitcoin is not the problem. The adoption of online poker websites is. For example, the government might try to interfere and target certain poker sites for violation of applicable federal laws. Major poker sites also haven’t embraced the payment solution yet because of the extra precautionary measures required (which costs them money) to send out Bitcoin payments.

In reality though, Bitcoins are the best payment solutions for online gambling sites primary because Bitcoins are funds or money that are deposited legitimately on web-based wallets or personal wallets.

How do I send my Bitcoins to the poker site?

Check with the poker platform if it’s accepting Bitcoins as funds to play online poker. If it offers Bitcoin depositing options, then you can send the fund from your digital wallet to the poker site’s Bitcoin wallet.

How does provably fair gambling work?

Provably fair system is a way of making sure that the gambling operator is not cheating anyone and that you get a fair deal on every hand you play. Provably fair is a documentation of the technique the online casino use to shuffle a deck in a provably fair manner.

How do you know if a Bitcoin casino is provably fair?

Bitcoin

To identify whether the online casino is provably fair or not is very easy. You will know if you are playing at a provably fair Bitcoin casino if you can check how the results are being calculated to ensure that deck results are not being manipulated whatsoever. There should also be a “Provably Fair” button that you can click during gameplay to instantaneously verify the authenticity of a shuffle.

Is it possible for a provably fair Bitcoin gambling site to cheat players?

They can cheat players but they would be exposed if they do so since players can immediately verify the authenticity of the shuffles.

Do Bitcoin poker rooms need my personal data?

It depends on the poker room you are playing on. But it is not mandatory to share your personal or financial details with most poker room. So, in case the poker room gets hacked, data sniffers won’t be able to access your Bitcoin wallet since you didn’t share it in the first place.

Where can you play poker with Bitcoins?

You can check the poker sites that accept Bitcoins here. If you want to play with anonymous currencies like Zcash, check out this website.

Can I play Bitcoin poker from a mobile?

If the poker platform offers a downloadable Bitcoin poker app. Otherwise, you can only play Bitcoin poker on your desktop.

How can I cash out?

Bitcoin poker sites offer a variety of ways for players to withdraw their poker earnings or balances. In most cases, Bitcoin cash-outs are done anonymously. In order to process your payout, you will need to provide your Bitcoin address.

The amount that you can cash out will also vary depending on the minimum / maximum payout amounts set by the poker platform. Withdrawal requests / transfers can take up to 1-5 days.

Are Bitcoin poker sites legal?

The legality of the poker site is dependent on where it is operating or based in. For instance, depositing and withdrawing Bitcoins in European-based poker sites is entirely legal.

On the other hand, Bitcoin poker sites are usually illegal in the United States, thus US players often can’t play in Bitcoin poker sites. Some countries or states regulate Bitcoin poker sites, and some don’t. As bitcoin is not seen as official money yet, it is handled like playing for play-money in many countries – which makes it perfetly legal.

Is Bitcoin Poker different from normal poker?

Gameplay is basically similar. One difference between a normal poker to a Bitcoin poker is that the latter is the safer platform. Of course, there’s also the difference in ways of transferring money to and from player’s account. With Bitcoin poker, everything is done anonymously while regular poker requires that players provide financial and personal details.

What does rakeback mean?

Rakeback is the amount you get from the fees charged by the poker site from each game it hosts.

Do Bitcoin Poker Sites offer free Bitcoins?

Are Bitcoin Casinos Legal

Bitcoin poker sites usually give away free Bitcoins to players that win tournaments. Other than that, there is no other way of getting free Bitcoins from Bitcoin poker sites. But you can get a Bonus for your first payment to the Bitcoin Poker Site – in some cases they double your deposit – or more.

Do I need a credit card or bank account to gamble?

Bitcoin Poker Legal Sites

The only time you will need a credit card or bank account is when you buy Bitcoins. But if you have Bitcoins already, then you can instantaneously gamble on Bitcoin poker sites.

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