Crypto Poker: Strategies and Platforms for Poker Enthusiasts

Poker was always one of the most popular casino games. It’s a game based on skill and players can actually win big and affect the outcome to their advantage by making smart bets. The house edge is the smallest compared to any other casino game and live games are played against real opponents.

In this article, we’ll discuss a few strategies players should take into account when playing Bitcoin poker and the platforms that you can use to do that. Choosing the perfect strategy and a trustworthy platform is the key to winning at poker.

Starting Hand Selection

Choosing the right starting hand is the most important part of a poker strategy. A player gets dealt two hole cards before the flop and this is where they need to make the first decision whether to fold, check, or bet. It’s also useful to take into consideration the position players hold on the table, as it allows them to observe what cards have been dealt to other players.

Premium hands like Aces, Kings, Queens, and Ace-King are generally played aggressively. With the rest of the cards, it’s for the player to decide and adopt based on what the opponents have drawn.

Choosing How Aggressive You’ll Be

Even though Bitcoin poker sites are based on a random number generator, how a player will approach the game is anything but random. In fact, it’s easily noticeable if a player takes a more aggressive approach, as well as if they decide to be careful.

Being aggressive in your betting involves more risk but it also brings in higher winnings. The key, however, is for the player to bet deliberately and to decide early on in a game what approach they’ll take.

Bankroll Management

Players should set up a bankroll management strategy beforehand. This doesn’t affect the actual poker game but it does go into how much a player is able to bet and how much they are willing to lose. A bankroll strategy should include a stop loss – meaning the amount after which a player stops betting and gives up. It can also include a stop win, an amount after which a player withdraws the winnings and reverts to the initial bet size.

Bitcoin poker casinos allow players to automate the bankroll management process. This means that the players will get locked out of their accounts automatically as they reach their limits. The funds are also transferred in this way.

Pot Odds and Equity

Pot odds and equity are key concepts in poker strategies. Pot odds refer to the ratio of the current pot's size to the cost of a contemplated call. This allows the players to make informed decisions about when to call, raise the bet, or fold.

Equity, on the other hand, represents your share of the pot based on the strength of your hand. If your equity exceeds the pot odds, it's usually profitable to call. The goal is to master the balance between the two.

Reading Your Opponents

Poker is a competitive and adversarial game. Unlike most other casino games, you don’t play against the house, but against other players in real time. This presents a unique opportunity to bluff and read your opponent's bluff while betting.

Online cryptocurrency casinos allow players to bet live, often with dealers streaming from an actual on-the-ground casino. Reading your opponents and spotting the patterns in their gameplay is therefore a key part of any poker strategy. It’s a difficult skill to master and the only way to do it is to keep playing and practice.

What Platforms to Use

There are countless online platforms out there that specialize in playing poker with crypto. These work under the same gameplay rules and odds as the traditional poker establishments, the only difference is that crypto payments provide anonymity and are often much faster.

All of the strategies and planning we discussed before work for both crypto and fiat currency players. When choosing which platform to use, players should take into account the size of their bets, potential bonuses, and loyalty awards, as well as what cryptocurrency they plan to use.

BetPlay

BetPlay is an online poker platform founded in 2020. It allows payment in Bitcoin and other cryptocurrencies. Bet Play provides the Bitcoin poker room with numerous useful features players couldn’t get with traditional fiat payments.

For instance, Bitcoin poker is provably fair as it allows the casinos to write the terms of poker bets into the crypto code and therefore make the payments automatic. The fees paid on transactions to and from the BetPlay poker site are much lower than the ones you would pay for fiat currency payments.

BetPlay offers a cashback bonus set at 10 percent weekly and there’s an initial welcome bonus matching your first deposit.

BetOnline

BetOnline is an online casino that provides Bitcoin poker among other traditional games. It’s known for higher-than-average betting limits, which makes it a poker site for players with some experience and somewhat deeper pockets.

BetOnline provides a 50 percent welcome bonus for the first deposit up to the amount of $1.000. The site has been in business for the past 20 years which is an eternity in the world of online poker and betting in general. The reputation it’s made over that time is well-earned. Payout speed is probably its biggest weakness – it will take 3 days to get your winnings.

The casino hosts many different poker tournaments but few pros and high rollers sign up.

Black Chip Poker

Black Chip Poker is a popular gambling establishment for slots, sports betting, and most of all for playing poker with crypto. It accepts a lot of different cryptocurrencies and a 100 percent deposit bonus for initial deposits up to $2.000.

Players can choose which seat to use, which helps when you’re deciding whether to bet or fold. It’s also possible to play at multiple tables at once – in fact, you can play at 24 tables at the same time.

Unlike most cryptocurrency casinos Black Chip Poker doesn’t allow anonymous betting. Players need to provide an ID and an address. Some may find that to be a dealbreaker.

Chipstar

Chipstar casino has a dedicated poker platform and it’s used by players from all over the world. It accepts Bitcoin as well as ten other cryptocurrencies and operates in 5 languages. However, it doesn’t allow players to register without providing their real name and address.

There’s a 100 percent deposit match bonus and 250 free spins for new players. There’s also a cashback promotion program, at a rate of 10 percent for some slots.

Chipstar poker tournaments can have up to 3000 players and offer VIP awards and features, including bonuses, match deposits, and lower fees for tournament participants.

Conclusion

Bitcoin poker is one of the most played online gambling games. It’s based on the same rules and strategies of traditional poker, meaning that it’s a game of skill allowing players to beat the house. At the same time, Bitcoin poker uses all the advantages of blockchain technology and guarantees fair odds and safe payments.

There are many different strategies players can use to improve their chances in poker games. They are mostly about observing the cards and paying attention to what your opponents are doing.