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Ethereum Poker Room

 

Cash Poker Pro, the Ethereum-based blockchain poker platform, is attempting to solve some of the major underlying issues of existing casinos and online poker applications.

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Over the past decade, through the rising popularity of mobile poker applications and online casinos, an increasing number of users have started to play professional poker online, relying on intermediaries and third party service providers.

According to the Cash Poker Pro development team, players in casinos and online poker platforms are often required to pay over 8 percent in transaction fees to have rewards and money that they have obtained through their games moved to personal accounts.

Blockchain Poker. This is one of the most unique Bitcoin faucets. It is a poker room, just like any other, but offers you 100 Satoshi to play. If your balance drops below 50 Satoshis, the faucet will refill up to 100 (limited to 3 minutes intervals). Ethereum (Ether) is just one of more than 60 cryptocurrencies currently accepted by Americas Cardroom, a poker room that decided to really up its cryptocurrency game At the same time, this also means that players depositing with Ethereum can get involved with all the games offered on the site, from cash tables to various tournaments.

“Players may have problem withdrawing their funds from the system due to various reasons. For example, they might not have played enough rounds in order to be given their money back, or they cannot prove that their deposit is legitimate, or they become accused of cheating, or the casino closes. And this situation is not accidental,” explained Cash Poker Pro.

For online casino users, the opaque and inefficient systems that have been implemented to handle financial activities and transactions are highly unreliable, because they utilize traditional financial systems such as bank transfers and electronic wallets to process payments. With payment processing, currency conversion, and maintenance costs, fees for online users add up to large amounts. As the whitepaper of Cash Poker Pro read:

“Firstly, online casinos are subject to laws on money laundering. Such regulations are present in all jurisdictions and require that the operator (the traditional online casino) should make sure that money deposited by a user is not of illegal origin before transferring it to the user’s account. Secondly, all online casinos use traditional means of payment such as electronic wallets and bank transfers, which are subject to the legislation of the countries where the processing centers are located. As a result, casinos charge fees for payment processing, currency conversion etc., and the amount of fees is usually quite big.”

Through immutable, transparent, and decentralized systems, Cash Poker Pro is targeting the abovementioned issues of online poker rooms and providing a more efficient and trustworthy platform for poker players. The Cash Poker Pro platform utilizes the Ethereum blockchain network and smart contracts to autonomously process payments and host poker games within a distributed ecosystem. Since payments and transactions are settled autonomously, there exists no thresholds, boundaries, and inefficiencies in regards to most financial activities.

The beta cross-platforms system and application of Cash Poker Pro in-game.

“With the help of an anonymous cryptocurrency wallet, the user will be able to play poker online without making a deposit or waiting until a deposit or withdrawal operation is approved by the system. The mission of our project is to give any person a chance to anonymously compete against other players on equal terms and to create our own online poker room based on the CPC Poker Room platform using a decentralized platform for monitoring card dealings and a system for fast deposit and withdrawal of funds with blockchain-based authentication,” the Cash Poker Pro whitepaper further explained.

Ultimately, as the Cash Poker Pro platform grows and scales, it aims to evolve into a major platform in the gambling industry by introducing a fair and sustainable poker and casino ecosystem that can be adopted as an alternative to existing platforms, casinos, and applications. Cash Poker Pro developers added:

Ethereum Poker Room

“Cash Poker Pro Poker Room democratizes online gambling with its Ethereum blockchain-based poker room platform. The platform makes use of smart contracts to support the development of a fair and sustainable gaming and gambling industry, where everyone gets rewarded for their contribution. Cash Poker Pro ensures that the autonomous economic structure incorporated in the platform does not affect its usability by striking a delicate balance between both aspects.”

The first phase of the Cash Poker Pro initial coin offering (ICO) for its native token CASH was successfully completed in August. The second stage of the CASH ICO will begin on October 26 and 60 million CASH tokens will be sold during the ICO.

Disclosure: This is a Sponsored Article

Since around 2003, the online poker industry has seen more than its fair share of ups and downs. Interest in the game has been increasing quite a bit online thanks to alternative deposit and withdrawal options like Ether, and there has been a rise in the number of sites that accept cryptocurrencies like this one. When it comes to evaluating which Ether poker sites that we would recommend, we have a few criteria that we prefer to use to protect players who might play there, and we’re going to share those criteria with you here.

Ethereum Poker

Best Online Poker Rooms Accepting Ether (ETH)

We’ve found a few reputable poker rooms that accept ETH. We’ve found these sites to be reputable, offer excellent support and fast and easy payouts into the currency of your choice including Ethereum.

Site NameBonusRatingUSAVisit Site
50% Max $1,000
75% Max $1,000

Scandal-Free And Reputable Ether Friendly Poker

Safety and security for your funds and personal information are the first two things that we think about when looking at Ether poker rooms, and we have a few key items we look at to make sure that everything is on the up and up. The licensing for the site is one of the key things, and that means making sure the license actually exists (and they aren’t just lying about having one on their website). It also includes making sure the license comes from a jurisdiction that is more than a rubber stamp.

We also look at the back history of the room itself and the company that owns and operates the room. There have been a number of scandals in the past with a lot of different online poker rooms, and that’s why it’s so important that we look at a company’s history in this particular sector of the online gambling industry. If there has been any shady activity in a company’s past, we want you to know about it.

Ethereum Poker Rooms

Fair Games And Reliable Cash Outs Always With Ethereum And Blockchain Technology

In some of the scandals that we mentioned above, there were unfair games with rigged software where certain “superuser” accounts could see the cards of everyone else at the table. We want to make sure that the games at the sites we review are fair because we don’t want to send players anywhere that has shady dealings going on. If we have plenty of reason to believe you can trust the fairness of the games, then that’s when we’ll feel comfortable recommending it.

Aside from that, we also only feel comfortable recommending sites when it’s indicated that they have reliable cashouts. While this definitely applies to Ether poker rooms, it’s also something that players should care about in all types of gambling online. If you aren’t sure that you’re going to get your cash out paid out when you’re supposed to, then there’s no point in gambling there in the first place. This is why we put so much emphasis on wanting players to have somewhere with reliable cashouts.

Currency Conversion And Running Tables

One of the things that matters a lot in poker is that everyone at a table is playing with the same currency. This is simply a must for play to happen, and that’s why your Ether deposits will most likely be converted into another popular currency like US dollars, euros or British pounds. This allows everyone to make bets in the same currency against each other, which allows the games to run normally. While it’s not something that’s really such a big deal, it is something that players should be aware of when they are looking to play with a cryptocurrency at the poker tables online.

While the sites that we review generally have this setup for their currency conversions, something that ties into this is whether or not enough tables run for the site to be viable in the first place. Unlike other forms of gambling, you need other players for a poker site to run well, and without that, you’re mostly just going to be sitting at a table by yourself waiting for a game to start. This is an issue for Ether poker rooms since some of them don’t have a lot of traffic, so you’ll want to check out what tables are running for specific games to see if they’ll have the games you want at the stakes you prefer before you get signed up.

Ethereum Poker Room

Summing It All Up

Playing online poker provides a number of specific challenges in vetting sites that you don’t get with other types of Ether gambling sites. However, when you add the requirement that the site accepts Ether for deposits and withdrawals, then that complicates things a bit more. Along these lines, the selection of rooms available isn’t huge, but there are some that fit the bill that we have reviewed, and they’re worth a look if you’re really into this newer type of cryptocurrency.

Other Ethereum Gambling Options – Only Reputable And Trusted Sites Listed

Ether Online Casinos – If you’re looking for casino action, check out these quality and reputable online casinos that accept Ethereum.

Ethereum Poker Room Games

Ether Sports Betting – These sportsbooks are the most trusted in the industry that accept Ethereum. Whether you want to bet on Football, Basketball, Golf or the Super Bowl, these sites have exactly what you need. And they offer near-instant payouts when you win.