How To Play Poker With Blockchain Technology And What Are Its Benefits?

Poker is a fast-evolving game in all parts of the World, especially in the virtual mode of gaming. Many people prefer now to play the game online. With this change occurring at a rapid pace, the importance of Blockchain Technology in Poker becomes very crucial to its relevance.

Blockchain technology is a tool that helps to keep the entire data of the people about the game safe itself, whether it's about the number of bets placed or things related to transactions in the game it's all recorded via blockchain, and the plus point of blockchain is that these records cannot get tampered by anybody.

In this article, we will discuss the need and benefits of blockchain technology in Poker.

Why Blockchain Technology is Important in Poker?

In the past, online Poker when not under the influence of blockchain technology, had to face various issues, for example- fairness about the game, issues related to transactions and bets in the game, the people didn't have much faith in the game.

Since the arrival of blockchain technology, the game has not only been played worldwide but has won the trust of the people once again.

Blockchain technology offers a decentralized platform, which ensures that the bets or the transactions are recorded in a public ledger that can not be edited or tampered with easily by a third party or an intruder.

To safeguard you and your money as well as the bets, blockchain technology plays a vital role in protecting your details.

Top 5 Important Benefits of Blockchain in Poker

1. Play Anonymously-

This strategy helps users who don't want to reveal their identity to the World or want to hide their stuff, blockchain is the best method to do that. It will only ask for your email ID and wallet details.

2. Cost-Effective-

Traditional poker games are much more difficult than Online Blockchain Poker. In traditional online Poker, a lot of paperwork and details are required to get yourself registered. But in Blockchain Poker, they use cryptocurrency and hence are not dependent on banks. Cryptocurrency ensures that there is less paperwork.

3. Rakeback-

Rakeback means a refund of a rake taken by a Poker player back to the player. In blockchain the entry is fee is minimal and allows the rake to operate fine.

4. Fast Payouts-

When it comes to modern technology blockchain is the ideal option for it. In traditional Poker, the player has to rely on banks, whereas in modern Poker no such thing is needed, in this the withdrawal is instant. Unlike Traditional Poker games which could almost a month to withdraw money.

5. Transparency in Gameplay-

One more primary reason that Blockchain Poker is better than traditional Poker, is the blockchain helps Poker sites to be free of any manipulation through RNG(Random Input Generator) input. In traditional Poker the casinos and the players would manipulate the rules and results according to their favorite outcome.