Bitcoin Forum

Betcoin poker is closing poker for good after the 25th of december. But what will they do with the 40 btc in the bad beat jackpot players have put in? If they keep that is it scamming ? THoughts what you think they should do ?

It was only a matter of time before this was going to happen.  Saw it coming from a mile away.

They definetly shouldn`t keep them and as you said if they do it sounds like scamming.

I for one would like to see them stay. They've always been good, is there anything we can do to make them change their mind? Willing to pay a fee on cashouts, whatever management wants.

Wow this is a shame, it's crazy how many bitcoin poker rooms have come and gone since 2013.

How can nitrogen be the last one standing and last time I checked they had more volume then ever. I must say I do like their challenges for cash games which can get you into freerolls with .....ok prize pools I guess.

You can get into a freeroll with 100 mbtc guaranteed with around 80 people...not bad but still a grind.

I thought betcoin would make it but i guess just because a room focuses on bitcoin doesn't merit volume and player loyalty.

I don't think it is scam, these jackpots are a strategy for rooms to attract more clients, anyways there is a very thin line. I dont' think they are releasing that money

Betcoin closing their poker room before the end of the year and being on Christmas? :o

Has there been an official announcement by them on this closure.

I hope they have put out an email notifying all their customers this way as a means of them knowing to withdraw all funds in their wallets if that is all they use the site for. :-\

That's a real shame as I have some fond memories from playing over at betcoin. It is a bit worrying though as you say what they'll do with the bad beat jackpot money.. I know some of my money has gone in to that so it'd suck if they just took it. Although I'm not sure what the rules or laws for that matter are that could force them to give it out to players. Will be following to see where it ends up though.

Yeah they put this out today. https://www.betcoin.ag/comment/95644#comment-95644

Time to switch to bchcasino.com, betcoin poker is gone as of 25th along with the bad beat jackpot, how nice.

I cannot say that I am the least bit surprised by this, I figured it was coming for a while.  I'm actually a bit surprised they lasted as long as they did.  Guess Nitrogen is where it's at now.

How long and how often have you played at nitrogensports? I remember trying out their poker about 6 months ago and there was barely any action and I felt the UI was pretty bad. Have they upgraded their systems? Is there a lot of action there now? I'd love to find a good replacement for betcoin but I doubt there will be anyone for now..

If they are announcing and then closing down then I don't see the point of running away with those Bitcoins.

The date is yet to come and have faith, everyone who has put in the money can be refunded. No big deal

I'd really hope they will do something like that but I can imagine it will be an administrative nightmare for them to figure out. What about players not currently active? What about players that lost their account? 40 BTC = $756,000, in other words a hell of a lot money.

Let's see what happens in the coming days/weeks..

WTF. I just found the time to start to learn about Bitcoin and what I can do with it, and now the main gambling save I signed up for made a deposit at is closing down for poker. I seen one other recommendation for another poker site, however does anybody have any other ones? I don't like playing against computers, or other play against other people at tables.

It seems that bitcoin poker is not profitable anymore, too many sites close their poker game in the last few years. But it is a good opportunity to the existing site such as swcpoker and nitrogen. Betcoin poker player may move to one of the existing site. Regarding the 40btc badbeat jackpot, lets wait for the official announcement.

Can someone recommand me a good poker site where I can play with crypto (I was a reg with fiat) ? Thanks.

You can play poker anonymously in nitrogensports with crypto https://nitrogensports.eu/poker/play
They don't require any type of verification for you to play poker with only crypto and they are also one of the trusted casino around.

Thanks! I'll try it.

This is sad to see when eventually it had to happen. I love that coin is tied in with the WPN network but  tournaments that reposted on betcoin Got old very fast. Seem like the tournaments late registration ran so long that to make it past that point had a little less to do with skill and more to do with how many buy ins you purchased.  I’m all for late registration along poker tournament I don’t always want to sit down and play an 8 hour tournament.

at the day I saw this topic https://bitcointalk.org/index.php?topic=2574693 I felt that the closing is coming for Betcoin poker
I was and still hoping that bitcoin poker will be as big as fiat poker , but the sites are keep closing
many hate Betcoin but for me it's has always been my special site , cause I started my whole crypto gambling there and it was really great two years ago
hopefully this will be an incentive for some sites to start offering poker since now there are no much options to choose

I had some great times playing there a couple years ago. I really hate nitrogens ui too so idk if ill play again.  Sad

Yeah it's a real shame that their UI is pretty shit, they said a while ago that they updated or were about to update it but I'm not sure I noticed too to much of a difference haha.

Back to playing with FIAT again I guess.. For now.

What are some good alternatives. People have been telling me to stay away from them, but I love my poker !

Swc, 5dimes still has poker and supports bitcoin. I think im going to go back to them anyway as im not trying to pay $20 bitcoin fees for withdrawl

Unless there is a lack of advertising, I am not sure how the site could not be profitable.  I understand security and site upkeep, but I am sure they take in enough on the rakes for these games to make a nice penny. 

I wasn’t aware that five dimes had installed a bitcoin poker room. It seems like that’s one of the sites are used to try to sports bet on. Do you have any idea if they are now excepting US customers? As far as bit. Poker goes we are running out of optionsWhen it comes To just basic poker rooms.

We'll be adding provably fair poker in 2018 @ stake.com

What do you mean like p2p poker? or like against the casino poker?

If this really happens then many of them are going to move from betcoin to other poker games which offer a better thing like some more rooms or may be more tourneys pn their site but after these past years and they suddenly closed it for good? Or are you just promote your refs here? Because I believe there is rules where you can't promote any affiliates link here and more over you got this red trust

I stopped playing poker there for a while, because of all the problems they were having. I still somewhat surprised for this decision, since they were actually the btc poker room with more players (at least they were by the time I stopped playing there). As for the bad beat jackpot I think they should return it to players, or at least create some freeroll tournaments for those who were active and contributed to the jackpot with those coins. If they keep it to themselves, that will turn out as another scam accusation for them.

nitrogen isnt trustworthy anymore.  they are taking eveyones bitcoin cash, now worth $3500 a coin.

Let's all face it, poker is not something casinos profit from. This is the reason why there aren't much good poker sites to play on. Also this is one of the games that is skill based, well not purely but a huge deal of skill is needed to be successful. This means that it has a really big learning curve for newbies that will cause them to quit before they reach the point they make a profit.

that's sad because I have an account there before and I remember all the good times.

I don't agree, they take money from rake and from poker casino is just earning because they don't invest from their own money they collect it from players who takes each others money and pays rake. Only problem is to attract enough players, with many players poker site can work and have profit from that.
Sad to hear that bitcoin.ag is closing their poker room, I saw their announcement and that is final decision. Looks like nitrogen can become most popular bitcoin poker place now.

This sportsbook always had me concerned.  When it was closed for a few months, that was a bad sign.

Probably on some way they will build another gaming site like gambling related and for that, the jackpot that never win of the player on their site will invest on that new project for more BTC what a wonderful world. :)

I hope it is because I am one of the lovers of poker, for me poker is very fun and I hope there will be other poker games or new and more fun to play it. poker gambling game is most fun for me ;)