Cryptocurrencies promised to turn the financial world upside and do away with old financial institutions. While it’s not quite there yet, they did have a significant impact in one area, and that is online gambling. Online poker in particular has been able to benefit from offering crypto options.
Many players are also closely associated with crypto, like Doug Polk, for instance, and continue to be advocates for it. Online poker players seem to embrace the idea of cryptocurrencies in general, which could lead to even more online casinos catering to crypto holders. Let’s take a look at some of the reasons why playing poker in a crypto casino can be a better option.
One of the major benefits of being able to play poker in a crypto casino is that you can bypass some of the rules in your jurisdiction. Online poker and gambling are still illegal in many countries and even in states like Utah. By being able to play with cryptos, you can not only get to play on some of the best casinos you’ll find online but do it in full privacy.
One of the reasons why many regular players still haven’t gotten on the crypto train is that they’re afraid that they won’t get the same selection of games. But you’ll find just as many variations of the game on crypto casinos as you’d find anywhere.
As a matter of fact, you have crypto casino giants like Unikrn that offer one of the widest selections of games and options you can find online. They allow you to not only play poker online but wager on anything from sports to gaming tournaments. The casino accepts all major 12 cryptocurrencies such as Monero and Tron, and also has its very own cryptocurrency, Unikrn gold.
So, if you thought you’d be limited in your choices, think again. Not only will you find anything from Omaha to Texas Hold’Em, but the number of casinos that accept cryptos will only continue to grow.
Another benefit of being able to use cryptos to play poker online is that you’ll be able to control your funds better. You can keep your finances separate and only buy cryptos for gambling specifically. You can keep your earnings in cryptocurrencies as well, so you can make them less accessible for direct spending.
One thing a lot of people tend to overlook when playing poker online is rake percentages. Each casino will take a commission on every pot and this can vary greatly depending on the establishment. This can go from 2.5% to as high as 10% per pot, which can make a significant difference in the long run.
Crypto casinos for the most part will offer lower rake percentages. This is not always the case, however. You still need to do some shopping to see where the better deals are. But, as a rule, you can expect to save when playing at these casinos.
Another thing that sets crypto casinos apart is how much easier the transactions are. There is nothing more annoying than having to go through a cumbersome payment process right in the middle of a game. No one wants to wait three days at best to get access to the money they won either.
With cryptocurrencies, the process is so much smoother. No need to go through a lengthy and archaic verification process. The blockchain already takes care of that. No need to wait for payments and you might be able to skip payment fees in some cases. The convenience, flexibility, and speed of cryptocurrencies are what makes them such a great option for online gambling.
Another thing cryptos promised was to bring more transparency to the banking system. Crypto casinos are often more transparent than other options and make sure that the odds are fair to the players.
Crypto casinos are also much safer than other casinos. No need to put in your personal payment information, so no chance for credit card fraud or your information getting hacked. The blockchain makes this kind of fraud almost impossible for hackers. As a matter of fact, most hackers won’t even bother trying to hack crypto casinos as it’s too difficult and demands too many resources. So, if you want your money and information to be safe and enjoy fair play, your best bet would be to go with a crypto casino, no pun intended.
Crypto casinos have a lot going for them and should continue to blossom over the next few years. It would be wise for you to start educating yourself on cryptocurrencies if you’re unfamiliar with them and see if you could try a few of those online crypto casinos to get a taste of the experience.