FAQ

Frequently Asked Questions and Answers

Bitcoin



Bitcoin is a decentralized, peer-to-peer digital currency and payment network. It enables a new form of online payment completely independent of any government or third-party intermediary. For users, bitcoin is essentially “cash for the Internet.” The decentralized nature of the network means that its individual users drive Bitcoin, with no need for brokers or a central authority.

The currency units, called ‘bitcoins’ or ‘BTC’, are exchanged between bitcoin addresses similarly to how emails are transferred between email addresses. As bitcoins are exchanged, the globally distributed ledger used to track bitcoin ownership, known as the ‘Blockchain', is collectively updated by ‘miners' on the network.

Bitcoin is the simplest way to exchange money at very low cost. You can buy bitcoins using the currency you're currently using. Just as you can buy GBP using your USD, you can also buy BTC using USD (or whatever currency you like). They're all forms of currency and can be bought, spent and traded.

  1. US poker: You can easily play online poker in the US with bitcoins. The US government tries to make it difficult for online poker rooms to process gambling transactions, which makes the whole US online poker thing a bit of a grey area. Bitcoin circumvents this problem.
  2. Lower rake: Because these poker rooms do not have to deal with payment processing and all the costs associated with it, they can afford to charge less rake. Bitcoin sites charge 2.0-2.5%, fiat currency sites charge 4.0-5.0%.
  3. Protect your identity: With Bitcoin, there is no credit card number that some malicious actor can collect in order to impersonate you. In fact, it is even possible to send a payment without revealing your identity, almost just like with real money. You should however take note that some effort can be required to protect your privacy.
  4. Zero or low fees: Bitcoin allows you to send and receive payments at very low cost. Except for special cases like very small payments, there is no enforced fee. It is however recommended to pay a higher voluntary fee for faster confirmation of your transaction and to remunerate the people who operate the Bitcoin network.
  5. Fast international payments: Bitcoins can be transferred from Africa to Canada in 10 minutes. There is no bank to slow down the process, level outrageous fees, or freeze the transfer. You can pay your neighbors the same way as you can pay a member of your family in another country.
  6. Works everywhere, anytime: Just like with email, you don't need to force your family to use the same software or the same service providers. Just let them stick to their own favorites. No problem there; they are all compatible as they use the same open technology. The Bitcoin network never sleeps, even on holidays!
  7. Security and control over tour money: Bitcoin transactions are secured by military grade cryptography. Nobody can charge you money or make a payment on your behalf. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.
  8. Mobile payments made easy: Bitcoin on mobiles allows you to pay with a simple two step scan-and-pay. No need to swipe your card, type a PIN, or sign anything. And all you need to do to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let your friend scan your mobile, or touch the two phones together (using NFC radio technology).

Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.

First, get yourself a bitcoin wallet

Your first step (for real this time) is to acquire a digital wallet to stash your future bitcoins in. Bitcoin wallets allow you to store, send and receive bitcoins. You can get one from an Internet-based wallet service, like Coinbase or Blockchain.info (for more click here).

Buy them from a Bitcoin exchange

At this time, the largest full trading exchanges are Bitstamp (US), WEX (unknown),Kraken (US),Huobi (China),OKCoin (China) and BTC China.

Bitcoin is useful for two reasons:

  1. Bitcoin transactions are conducted external to traditional banking systems. Because of this, there is no regulation on the transactions. This decentralized process means that individuals are able to deposit to and withdraw from Bitoker online poker rooms with relative ease.
  2. Bitcoin transfers happen almost instantly, so there’s no waiting for wire transfers or checks in the mail. This anonymity and lack of a central authority means easier (and cheaper) transactions for players.

For Bitoker online poker rooms, bitcoins are usually broken down into much smaller pieces, or chips. This makes it easier to make smaller, more incremental, bets and conduct your game however you wish.

Three wonderful places where you can get your questions answered are the Bitcoin Wiki at http://en.wikipedia.org/wiki/Bitcoin/ , the Bitcoin sub-reddit at Reddit.com/r/bitcoin and Bitcoin Stack Exchange at Bitcoin.StackExchange.com .

General

Registering to play on Bitoker is very easy, just go to the Register page and fill out your information. All you need is a unique username, and an email address. We use the email address to make sure you never lose access to your account.

All transactions in this site are based on bitcoin bits. Each user has a unique deposit address which can be found on the Deposit page. You can send any amount you want from your bitcoin wallet to that address, and wait for 2 confirmations. These happen automatically and usually take 10 to 30 minutes to complete. You will get the exact number of bits you have sent as chips.

1 BTC (1,000,000 bits) equals 1,000,000 chips.

On Bitoker, 1 chip is worth exactly as 1 bit. 1 bit is 1/1,000,000 of a BTC. In other words, 1 BTC equals 1,000,000 chips.

Bitoker is an internet poker room, not a casino. That means you never play poker against the house, only against other players. For ring games, Bitoker receives compensation by taking a ‘rake’, a small amount from each ring game pot. We collect a constant rate of 3% for public ring games and 2% for VIP ring games. This rake from the pot never exceeds 0.0008 / 0.00025 BTC. We have "No Flop No Drop" rule, which means no rake is collected on hands that don't make it to the flop.

Public ring games: 3% Rake (RakeCap = 0.0008 BTC)

VIP ring games: 2% Rake (RakeCap = 0.00025 BTC)

Just as you can easily deposit BTC, we can quickly send BTC to any address you request. withdrawals are processed automatically but in case of larger withdrawals, your withdrawal may be marked for manual processing, most withdraws get done within just minutes.

We currently offer No Limit Texas Hold'em, Pot Limit Texas Hold'em, Limit Texas Hold'em, Pot Limit Omaha, Limit Omaha, Pot Limit Omaha Hi-Lo and Pot Limit Omaha Hi-Lo games.

The minimum buy-in for a 10/20 table is 100 chips (0.0001 BTC).

Yes, you receive 40% lifetime commission by refering other people. More information is available on the Affiliates section of FAQ page.

Bitoker security system allows you to effectively protect your gaming account from hacking and frauds using two-factor authentication. All bitoker users can take an advantage of this protection system. Protection is enabled and operates with the help of one-time security code that is generated by a mobile application or browser extension.

Two Factor Authentication, also known as 2FA, two step verification or TFA (as an acronym), is an extra layer of security that is known as "multi factor authentication" by using a time-based one time password (TOTP) which is required when you login to your account.

Bitoker makes use of 2 Factor Authentication through Google Authenticator. If you do not currently have it on your Android or iOS device you can download it for free from their app stores.

To set up 2FA on your account follow these 7 steps:

  1. Download Google Authenticator App. You can get it for iOS or Android.
  2. Log in your account on the official Bitoker website. If you are not logged in, click on the "Login" button in the upper right corner of the site and enter your details to log in to your account.
  3. Once you have entered the site with your credentials, click on "Settings".
  4. Click the "Enable 2FA" button.
  5. Scan QR code on the page using two-factor authentication mobile application or entering the 16 digit secret key manually.
  6. Enter the code generated by the application into the field under the QR code and click "Enable Two Factor Authentication"
  7. Congratulations! You now have 2 Factor Authentication enabled on your account.

Now, every time you log in your profile, along with your username and password a one-time security code will be required. To obtain this code, run the application that you used to enable security option, and use the code that appears on the screen. You have 30 seconds to enter the code. After that application will generate a new code. Application and code generation are operational even without internet connection.

VIP rings have low rake for big players (2% Rake / RakeCap = 0.00025 BTC). Minimum 5 BTC deposit requirement to access VIP Rings, you will access automatically by your system after deposit 5 BTC in your account

Affiliate Program

Earning additional income from poker is a big business. Bitoker Affiliates offers a share of the rake from every player an affiliate signs up. You don't even need a website (although having your own website helps). All you need to do is to send a visitor to our site via a special link (called 'affiliate link')

For every single person you refer, 40% of poker rake collected from them will go to your current earnings, profit earned through affiliate program every 24 hours is deposited to your balance and is available for withdrawal.

Setting up an account is very easy, To sign up just go to the Register page and fill out your information.

No! It's absolutely free to join Bitoker affiliates. There is no charge to apply.

Tracing your accounting activity is now easy with a dedicated online panel to track all your account activities.

Profit earned through affiliate program every 24 hours is deposited to your balance and is available for withdrawal.

There is no limit in a successful affiliate program. The more players you send who consistently play on our site, the more you make from their raked play. Once you refer a player, he/she remains yours indefinitely, promising you earnings for as long as they have a valid account and play on the site. You’ll be earning BIG MONEY in no time just by referring poker players to Bitoker, and the bigger the player, the bigger your payments will be.

YES! You can promote us through pay-per-click in search engines. In fact, this type of promotion becomes increasingly popular and we are aware of several affiliates promoting Bitoker online poker rooms in this way. Just make sure that you add your affiliate link in the online Ads.

Texas Hold'em

Texas Hold'em (or just "hold'em" for short) is currently the most popular variation of poker, thanks mainly to televised coverage of the World Series of Poker, the World Poker Tour, and various celebrity-based events. The no-limit version is often described as the "Cadillac of poker, taking only a minute to learn but a lifetime to master."

Each player is dealt two down (or hole) cards that only they can see. A round of betting occurs. Three community cards (known as the "flop") are dealt face up in the middle of the table. Another round of betting occurs. A fourth community card (known as the "turn") is dealt face up on the table. Another round of betting occurs. A fifth and final community card (known as the "river") is dealt face up on the table. A final round of better occurs. The player's hole cards are revealed and the player with the best five-card poker hand wins the pot. Your five card hand can consist of none, one, or both of your hole cards along with five, four, or three of the community cards. If two or more players share the same best hand, the pot is divided equally among the winners.

Poker hands are ranked in the order specified below, lowest to highest. Note that only card rank (deuce through ace) matter in poker when comparing individual cards. The suits of clubs, diamonds, hearts, and spades are all considered equal.

  1. High Card: Cards are ranked deuce (2) as the lowest to ace as the highest. If two or more players have the same high card, then the second highest card (and so on, to the fifth card if necessary) determine the winner.
  2. Pair: A pair (two cards of the same rank) beats high card. The highest pair is a pair of aces. If two or more players have the same pair, then the highest of the three remaining cards (known as kickers) determine the winner.
  3. Two Pair: Two pair beats a pair. If two or more players have two pair, then the highest pair determines the winner. For example, a pair of aces and fours beats a pair of kings and queens. If two or more players have the same two pair then the fifth card kicker determines the winner.
  4. Three of a Kind: Three of a kind (three cards of the same rank) beats two pair. Three aces is the best of these. If two or more players share the same three of a kind hand, the two remaining kickers determine the winner.
  5. Straight: A straight beats three of a kind. A straight is five consecutive card ranks. Aces can be high or low so the lowest straight is ace through five while the highest is ten through ace. There are no kickers with straights since all five cards are needed to make the hand.
  6. Flush: A flush beats a straight. A flush is any five cards all of the same suit (i.e., all diamonds or all spades, etc.). If two of more players share a flush then the player with the highest card (all the way to the fifth card if necessary) in the flush wins.
  7. Full House: A full house beats a flush. A full house is the combination of three of a kind and a pair. If two or more players have a full house then the player with the best three of a kind wins. If those are the same then the player with the best pair wins.
  8. Four of a Kind: Four of a kind (four cards of the same rank) beats a full house. If two or more players share the same four of a kind, then the fifth card kicker determines the winner.
  9. Straight Flush: A straight flush (five consecutive cards all of the same suit) beats four of a kind. Aces can be high or low. An ace-high straight flush is called a royal flush, the best possible hand in poker.

Texas Hold'em can be played in three basic variations:

  1. Limit Hold'em: In Limit Hold'em, the amount you can bet or raise is fixed, according to the posted stakes. A bet placed before the turn card (4th community card) is dealt is known as a "small bet" and is fixed at the size of the big blind. A bet placed after the turn card is dealt is known as a "big bet" and is equal to twice the size of the big blind. In tournament play, these stakes are raised at set intervals, referred to as "levels". For example, in a 100/200 level, the "small bet" is 100 and the "big bet" is 200. This means that in the first two betting rounds (before and after the flop) you can bet or raise exactly 100 chips and in the last two betting rounds (before and after the river) you can bet or raise exactly 200 chips. In limit play, the betting is capped at three raises per round, unless two players are "heads-up" in the round.
  2. Pot Limit Hold'em: In Pot Limit Hold'em, there are no fixed stakes. Instead, you can bet or raise up to the amount currently in the pot. This includes bets in front of you plus your call. For example, if there are 100 chips in the pot and you are the first to act in the betting round, the maximum you can bet is 100 chips. But the next player could then call that 100 and raise an additional 300 chips.
  3. No Limit Hold'em: In No Limit Hold'em, you can bet all of your chips at any time (referred to as going "all-in").

In Pot Limit and No Limit games, the minimum bet or raise is equal to the big blind (see below). Once a player raises, the minimum reraise is equal to the last raise. The minimum resets to the big blind on the next round of betting.

In a home game, the players take turn dealing the cards, rotating clockwise. In casino and on-line play that use a dedicated dealer, a dealer button (or just the "button") is a white disk that is rotated clockwise among the players. The player that is "on the button" is the last to act in each betting round, after the flop.

In Texas Hold'em, there are forced bets called "blinds" made prior to the dealing of the hole cards. These blinds are similar to antes except they only involve two players and the bets do not immediately go into the pot. The player to the left of the button posts the "small blind" and the next player posts the "big blind". The small blind is typically half of the big blind and the big blind is the minimum bet or raise that can be made in this and all subsequent rounds. In Limit Hold'em the big blind is equal to the "small bet". In tournament play, the blinds are raised at set intervals, or levels. This keeps the action going and puts a definite end point on the game. Otherwise, players could just keep folding their hands and the game would go on for hours or days.

Once the two blinds are posted, the player to the left of the big blind is the "first to act" and has the option of folding, calling the big blind bet, or raising. Play continues around to the button. Then the player who posted the small blind has the option to call or raise the bets so far. And the same goes for the player who posted the big blind. If no one raised the big blind then that player has the option to "check" and the flop will be dealt. There are no more forced bets after the flop and first person to the left of the button (who hasn't yet folded) will be the first to act in subsequent betting rounds.

A side pot is created when a player calls a bet but doesn't have enough chips to cover the bet or if a player raises when another player is already all-in. The main pot will only hold the chips that every player contributed equally to. The overflow bets go into the side pot, which the all-in player did not contribute to and therefore cannot win. There can be multiple side pots if there are multiple all-in players. The last side pot created is the first side pot awarded after the showdown. The main pot is awarded last. Players who fold before the showdown forfeit their right to all pots, including the main pot.

Omaha

Omaha is a variation of poker similar to Texas Hold'em but with following differences: each player is dealt four hole cards instead of two and to make their five-card hand, they must use exactly two of their hole cards and exactly three of the five community cards. So for each hand dealt, a player has 60 possible ways to make a five-card hand in Omaha compared to only 21 in Hold'em. All other aspects of Omaha are identical to Hold'em.

Omaha Hi-Lo (also referred to as "Omaha 8 or Better") is a variation of Omaha where the pot is split by the players with the best high hand and the best low hand. The same player can win both halves of the pot. The high hand is determined in the same way as regular Omaha described above. The low hand is determined by the player who has five unpaired cards of the lowest rank, using any of his two hole cards and any three community cards. These do not have to be the same five cards used to make the high hand. Aces can count as low cards and none of the fives cards can be higher than an 8. Straights and flushes are not a factor in calculating the low hand so the best low hand is 5432A while the worst is 87654. Any combination containing a pair or a 9, 10, J, Q, or K is not qualified for a low hand so not every hand will have a qualified low hand. No player can make a low hand if there are not at least three community cards of different ranks 8 or lower. And no individual player can make a low hand if they do not have at least two hole cards of different ranks of 8 or lower. If there are no qualified low hands at showdown, the player with the best high hand wins the whole pot. If the pot contains an odd number of chips and there is at least one qualifed low hand, the extra chip is awarded to the high hand. Both the high and low halves of the pot can be split by multiple players in the case of ties.