Bitcoin deposits will be converted into dollars immediately on deposit, with the funds immediately available for use in the poker room. At the moment withdrawals cannot be made in Bitcoin, but this feature will be added soon.
Bitcoin has become a mainstream media subject over the past year, with many leading investors jumping on the band wagon to create exchanges and investment funds in the currency. It is no longer just for geeks.
More and more companies are accepting Bitcoin for purchases, and it can even be used to buy an apartment in New York.
The result of this attention has been an incredible rise in the value of the cryptocurrency—so called because cryptographic encoding is an essential feature identifying who owns what coins. Over the last year the value of a bitcoin has increased from less than $100 to $950 today. There have been some frightening swings as speculators have moved in to the market, but the long term future of the currency looks very attractive as a number of countries have now accepted its validity as a means of exchange.
Americas Cardroom accepts players from all over the world, but as its name suggests, it is committed to supporting the right of Americans to play poker. The only states from which it doesn’t accept players are Washington, Kentucky and Maryland.
Sunday Major Guarantee Doubled to $100k
As one of the largest US facing sites, it offers excellent promotions such as the Beast bi-monthly rake race, and has regular tournaments with high guarantees. This Sunday, January 12, it will be doubling the guarantee on its Sunday major. The regular $200 +$15 Sunday $50k guaranteed event will be putting up at least $100k in prize payouts. The tournament kicks off at 7pm Easter Time.
2015 Update - Bitcoin deposits were added for all players, after it emerged the first rollout was for Canada based players. Read more here.
By Matthew Marietta, Rakeback.com Executive Editor
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