Bitcasino Poker Review
Bitcasino Poker is part of the Bitcasino brand, which happens to be the first licensed casino of its type in the world. This allows customers to have the best of both worlds, from the anonymity of virtual currency to the security of using a site that’s approved by a reputable government agency.
This Bitcasino Poker review provides an overview of the site, from withdrawal times to the types of available rakeback. While this information won’t help you avoid a bad beat, it will allow you to make an informed decision when it comes time to open a Bitcoin poker account.
Like many Bitcoin sites, the registration at Bitcasino is devilishly simple and takes less than a minute. Instead of submitting a photo ID or lots of personal details, all you need to come up with is a username and password. Once you’ve done that, you can jump right into the action.
The site is licensed in the nation of Montenegro. While this country isn’t the pinnacle of gaming regulation, it’s a major improvement over most Bitcoin poker rooms that have zero oversight.
Rake & Rakeback
While most Bitcoin poker rooms have about a 2% or 3% rake, Bitcasino collects a much higher rake at a rate of 5% to 6%. This percentage isn’t going to break a player, but the higher rate is worth noting.
Rakeback is another area where the site comes up short. All their leading competitors have some form of rakeback in place for customers, but that’s not the case with Bitcasino.
I imagine the extra money kept by the site goes to the nation of Montenegro for licensing fees. While being regulated is a good thing, I’m certain some customers would prefer an unregulated site that offers bigger savings.
Restricted Countries & Supported Languages
Like most Bitcoin sites, Bitcasino Poker accepts players from around the world. There is, however, one notable exception. Players from the United States cannot game at the site, and this includes both their poker room and related casino.
Those living outside the U.S. will find a number of languages available to support their global customer base. These include English, Chinese, Dutch, German, Italian, Indonesian, Russian, Japanese, and Spanish.
Deposits and Withdrawals
In order to make a deposit, just click on the corresponding button. At this stage, you can either scan a QR-code with your mobile device or paste the address from the Bitcoin wallet of your choice. Once this has been accomplished, the selected number of coins should be transferred to your poker room account within seconds.
All bitcoins that are transferred to the site are converted to MilliBitCoins (expressed as mBTC), and it takes 1,000 of these to equal a single bitcoin. If, for example, a player deposited 0.8 BTC into their account, they would be credited with 800 mBTC.
When you’re ready to receive some of your winnings, just go to the cashier section and choose the withdrawal option. Enter the address of the Bitcoin wallet you want the funds sent to, and then click the amount of mBTC you want to withdraw. After you confirm your intent, the desired coins should be moved within an hour (sometimes within a matter of minutes).
The customer support system is available 24/7, and they provide multiple methods of contact. In addition to the slower ticket system and form email, customers can receive an immediate reply by using the LiveChat feature. I’ve only had to use the support feature on two occasions, but both times I found their staff to be knowledgeable and courteous.
Bitcasino offers lots of great features to its customers, and the rapid withdrawal time is always a selling point. On the opposite end of the spectrum, blocking U.S. players is a major disappointment. The same can be said of their lack of a rakeback program and high rake percentage. If you live outside the U.S. and don’t mind paying a little more, however, the site does offer a safe and secure gaming experience that few can match.