Overview – One of the newest online poker sites in the industry, it initially launched in December 2013 as Betcoin Sportsbook, before going on to add Betcoin Casino and then Betcoin Poker. While information about the company’s origin is rather scarce, we do know that it was founded by two iGaming experts Ali Bagheri and Magnus Lindberg who ambitiously aimed to develop the worlds largest Bitcoin poker site and pave the way for a new era in online gaming entertainment.
The Competition is relatively good, with an average of 140 players online at any given time; this reasonable amount of traffic means there are always a few tables available. During peak hours you can usually find up to 12 full tables, however these would mainly be lower stakes games, with recreational players. Since the site started out focusing on their sports book and casino interests, most existing customers are not dedicated or regular poker players, so games are still quite soft and profitable. If the site’s growth continues at its current rate however, you can be assured the level of competition will undoubtedly intensify. Betcoin also shares tournament pools with the World Poker Network, which helps to expand their player base.
Cash Games are impressively varied, with a range of poker variants including Texas Hold’em, Omaha, 7 Hard Stud and 32 Card, as well as the popular NL Hold’em and PL Omaha. They also offer Teen Patti Poker, an unusual yet easy to learn and highly playable variation of the British poker game Three Card Brag.
Tournaments A large selection of tournaments which are up and running every day of the week, with 20 guaranteed tournaments daily ranging from $300 to $1,200, including Multitable and Freeroll opportunities. Their cash games are in-house, but they share tournaments with the aforementioned Winning Poker Network
Bonuses currently are quite attractive, with the key example being the first-deposit bonus of 100%, of up to 1 BTC. Rewards can be steadily accumulated as the more you play, the more points will be credited to your loyalty account, as you work your way up the poker rewards club. The higher you reach in this club the more additional benefits you will unlock.
Software on Betcoin is quite state of the art, with one of the most modern and advanced poker platforms on today’s online poker scene. Players can edit the settings on the platform to suit their preferences and alter the appearance of the table to suit their taste. The player-to-player transfer option is also particularly effective. The game-play runs smoothly on all tables and the software works effortlessly on Windows, Android and iPad.
Banking is straightforward with bitcoin deposits quickly credited into your account after one confirmation, and withdrawals credited to your wallet with similar speed. Betcoin will acknowledge every 1BTC as 1,000 credits. When an account on Betcoin is created, a unique deposit address for bitcoin deposits is given and players can make deposits to these addresses from their private wallet. Betcoin Poker also allows players to use sites such as coinbase.com. To withdraw bitcoin winnings, users can process a withdrawal at anytime with all withdrawal requests being manually reviewed. This can take anywhere from a mere 15 minutes up to 4 hours, and is uncomplicated and hassle-free.
Customer Service consists of well trained and intelligent staff available via Skype and email to provide support and answer inquiries. They respond immediately though the Live Chat feature and give comprehensive feedback (but, only from 8am to 5pm ET. After 5, only email support is obtainable)
Why join? Betcoin confidently claims to “combine all the best aspects of an online poker website” and offers players everything they’d hope for in a top online poker site. Betcoin Poker is certain to strengthen and expand as they continue to offer user-friendly software and a wide variety of games fast withdrawals. Their focus on instant deposits and withdrawals is a tempting prospect for players exasperated with the long waiting periods currently associated with banking in traditional online poker. Betcoin have managed to blend the best of online poker and bitcoin, creating the perfect bitcoin focused poker site.