Ethereum Poker Room

You want to play poker with real money, but you also want your identity to be kept secret? What about a truly fair RNG system, no country restrictions, and lightning fast withdrawals? Ethereum poker offers all of these and more – and the best part is, you don’t need to be a computer geek to benefit from all these advantages.

Top Ethereum Poker Sites

CoinPoker is a worldwide cryptocurrency-based online poker room that’s launching its ICO this November. We’re operating with Ethereum Smart Contracts and once the room will have been launched, we’re going to ensure full transparency via the use of blockchains. Each Ethereum poker room has a different conversion, fees structure and so on. You’d have to check with your online poker site to be 100% sure. /faqanswer faqquestionWhat is ‘Gas’ in Ethereum? /faqquestion faqanswer Basically, Gas is the fee you spend to facilitate an Ether transaction or mining. Poker and Community Advisor Teresa is a gaming expert with more than 15 years of experience and is well-known worldwide in the industry. She is a respected figure in the Finnish poker market, as well as an acclaimed poker tournament director with a long career working on the European Poker Tour.

What Is Ethereum Poker?

Using Ether does not change the rules of the poker (or gameplay) – it is a currency before anything else. In other words, Ethereum poker is the usual “normal” poker. You do not have to learn the game from the beginning or memorize a new card hierarchy. The only differences are:

• Ether is used as the “currency” (The form of payment is called “Ether” on the Ethereum platform)
• You can play poker anonymously – no country limitations, no ID verification
• Deposit and withdrawal transactions are very fast
• In games where this feature is supported, the RNG software works on the Ethereum blockchain, not on a server controlled by the casino. (So you do not have to worry about fairness.)
• In pure Ethereum casinos, the house edge is lower than standard poker games (0.83% on average).

How Does Ethereum Poker Work?

In casinos that support Ether only as a currency, the functioning of the poker game does not differ in any way. Become a member, deposit Ether to your account and start playing – that’s all. The advantages you get from the casinos that offer this support are not directly related to the games. You only get the advantages of anonymous gambling, lightning fast withdrawals, and no country limitations. The rules of the games and the general gameplay do not differ.

Ethereum Poker Rooms

Things are a bit different in pure Ethereum casinos. What we mean by this term is that all casino games, including poker, work on the blockchain, not on a central server. These types of casinos are relatively few in number, but they offer many advantages. First of all, you can be sure that the RNG software is really random because dice is “rolled” by the blockchain. Thanks to the smart contracts infrastructure, you do not have to wait for withdrawals: You win and get paid at the same time. Whichever poker variant you play, the house edge is significantly reduced. Pure Ethereum casinos keep their infrastructures on a blockchain, not on a central server. This allows you to enjoy various advantages in all games including poker.

But in any case, the rules of poker, the conditions of winning, and the overall gameplay do not change. The opportunities offered by Ethereum do not affect the way games work. In other words, Ethereum poker is not a new or “improved” game: You are still playing the usual poker.

Rules of Ethereum Poker

If you know the rules of poker, then you are ready to play poker on the Ethereum platform too: As we mentioned above, the rules of the game do not differ. Poker is a game with many variations, but the card hierarchy and base system do not change. Here is a brief reminder of the general rules using the five card poker variant:

• Poker is a game played with a single deck of 52 cards. Contrary to popular belief, Joker cards are only used in some variants.
• Each player gets 5 cards in total. The goal is to create a sequence with a higher rank than other players.
• As it is obvious from this explanation, there is a card hierarchy in poker. You can see this hierarchy in the following table:

• The players are trying to create one of the sequences in this table with the cards being dealt. But creating a high-rank sequence is not the only way to win in poker. You can win a game by “bluffing” even when there are no valid sequences in your hand.
• After the initial dealing, each player must choose one of the following options:
• Call: The player matches the bet on the table
• Raise: The player matches the bet on the table and raises it. There is no limit on raising, as long as it stays under the table limit.
• Fold: The player removes himself from that game.
• The game (and betting) continues until all the remaining players have chosen the “call” option. For example, if there are only 2 players left on the table and both of them call, the cards are compared and the player with the higher rank wins.

Let us remind once again that these explanations are at a very basic level. There are numerous variations of poker and different rules can be used in each variant.

Top Strategies for Ethereum Poker

This goal of this article is not to give detailed poker strategies, but we can give you some tips:

• Do not bluff continuously. Hollywood movies may have convinced you that this is a valid tactic, but in the real world, constant bluffing will show you like a fool.
• Learn to analyze your opponents’ body language, especially their mimics.
• Learn basic card counting. This is the tactic that will help you the most. Likewise, you also need to learn probability calculations.
• If the odds are in your favor, adopt an aggressive style of play. (Please note, however, that this tactic does not work against professional players.)
• You do not have to enter every game. If your cards are bad, avoid playing that round. Otherwise, you will have to constantly bluff and that will not work. In other words, “play fewer hands.”

Remember that each poker variant has its own special tactics. These are just general tips and you may need to change them according to the game and your opponents.

Latest News

Ethereum Poker

Cash Poker Pro 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.

Today we have the chance to interview Mr. Prozorov Danila, CEO at Cash Poker Pro, and ask him more about the project.

Hi Danila, what is the role of cryptocurrencies and blockchain in online gambling?
Today, the vast majority of online casinos use the system in which users make deposits but cannot withdraw their money if they do not play. This infringes players’ rights as they are not given full control of their funds. 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.

Firstly, online casinos are subject to laws on money laundering. Such regulations are present in all jurisdictions and require that the operator (the 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. The average fee for transferring money to the user’s account is more than 8% of the amount of the deposit, and the average withdrawal fee is more than 2% thereof. In the beginning, users do not see the amount of fee they will have to pay for money withdrawal. This is a disadvantage for users, but casinos have to use this system because it gives them protection from losses. Thirdly, the system of deposits gives casinos a particular advantage as they effectively turn into banks and can use users’ deposits for their own commercial purposes. Thus, it is the user who suffers most under the existing system. However, online casinos suffer too as they have to deal with huge mistrust on the part of players.
In this situation, only big players who have huge financial and administrative assets can enjoy any benefits.
Also, one of the most significant problems is the fact that online systems use centralized random number generators which are susceptible to external influences. In other words, the owner of an online system can influence the gaming process and its results because they have access to the server and the program code, which causes mistrust on the part of users. Users who make huge bets become particularly vulnerable in this situation.

Ethereum Poker Room App

We believe that the best solution to this problem is to use a decentralized platform for fast deposit and withdrawal of funds with blockchain-based authentication.
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. Everything will be done in one click!

Can you talk more about the team and key partners?
Our team has more than 10 years of experience in the gambling and entertainment industry. In addition, we have more than 5 years of experience in the field of online products.
Our talented team includes professionals from the fields of programming, marketing, advertising, and law.
Danila Prozorov (CEO) – serial entrepreneur since 2000, founder of trade marks х3 mobile accessories (mobile accessories TOP 5 in Russia) , ArmadA (ATV and scooters).
Yaroslav Dementev (COO) – serial entrepreneur since 2000, management of international projects for increasing company profitability.
Kir Lyznikov – (CMO) – Serial entrepreneur since 2003 with experience in marketing, finance and management. Managing Partner and Marketing Director at several international entertainment projects (Russia, UAE, Mauritius). CEO at Dodo Entertainment.
Natalia Deksbakh (Marketing manager) – Professional photographer and marketing expert. Winner of several international photo contests. Participant in international photo exhibitions. CEO at Deksbakh Collection, Deksa.
Elena Bogdanova (Lawyer) – More than 17 years of experience in legal matters. Senior Legal Counsel and Compliance Manager at GROHE. Provider of legal services for Russian subsidiaries of foreign companies (Wella, Peugeot, Knauf Insulation).
Maxim Ustinuk (lawyer) – Experience in legal matters since 1999. Deputy Chairman at Zaschita Moscow Bar Association.
Roman Dobrik(UX/UI Designer)
Tolya Yanot ( CTO) – CTO Cash Poker Pro electronic poker tables, CTO live-casino Golden Dragon, worked on mobile app Word Poker Club (#1 in East Europe), built some social games with millions of players.
Dmitry Polovalkin (Protocol Architect) – hardcore backend developer. High performance backend solutions for online games. Cryptographic Engineer. Smart contract developer. Worked on projects: Overkings MMORPG, Honest War Multiplayer RTS, live-casino Golden Dragon, CryptoSlots.
Alexander Shniperson – Senior Backend and Frontend Developer.

We are glad to announce that we made an agreement with Russian and CIS top 5 online /offline betting and gambling companies to integrate our online poker room to their platforms once its ready.
Stavkabet – betting company (TOP 5 in Kazakhstan )
Leman – betting company (TOP 5 in Kazakhstan)
Imperium- games – online betting and gambling More then 1million users all over the word
Bingo Boom – lottery solutions (TOP-1 in Russia)
1x-bet – betting company (TOP 5 in Russia)
It will attract over 2.000.000 new players all over Russia an CIS countries.

There are hundreds of Bitcoin casinos and gambling websites out there that offer a range of games for enthusiasts, why Cash Poker Pro is better?
We understand that it is difficult to start a revolution in the online gambling industry. It is necessary to find a market niche in which our advantages will be in demand.
Having carefully analyzed the history of online gambling and the distribution of the spheres of influence of famous manufacturers, we have found an unoccupied niche, which comes in the form of messengers.

Messengers are becoming more and more popular among users just the way it happened with social networks some time ago. Every day the number of people using messengers is growing.
People use them for communication, reading news, playing games, and also making purchases.
The most popular messengers are multifunctional messengers with reliable data security.
The primary objective of our project is to bring an online poker room for messengers (WhatsApp, Telegram, Facebook) to the market. In June 2017, Telegram announced the launch of its own payment system. This gives online game designers the opportunity to monetize their projects. This is an unoccupied niche, which gives start-ups like ours a chance to find customers among more than 100 million users.

The 26th of October 2017 the ICO will start and 60 million CASH tokens will be sold during this phase. What does your roadmap take into account as next steps?
The funds raised during this stage will be used to develop and launch the platform, market the product on a global scale, create a technical support department, pay for contextual advertising, and attract starts to promote the product. 60 million CASH tokens will be sold during the ICO, following this structure:
26 th of October Next 20,000,000 CASH –1CASH = $0.40.
31 st of October 10 000 000 CASH –1CASH = $0.43.
5 th of November 10 000 000 CASH -1CASH =$0.46.
10 th of November 10 000 000 CASH -1CASH =$0,49.
14 th of November 10 000 000 CASH -1CASH=$0,52
After 18 th of November 1CASH = $1

Ethereum Poker Room Games

Final questions: when will you issue the tokens and when they will be tradable on exchanges?
After ICO we will have agreements with exchanges. Also don’t forget that tokens CASH are game currency.
Moreover, being a cryptocurrency, CASH tokens are an excellent investment tool because:
1. the amount of Cash Poker Pro poker room tokens is limited from the very beginning;
2. the CASH token is pegged to BTC, ETH, WAVES rates, which have been showing a steady
growth over the past years.

Great, thanks you Danila for these very exaustive answers! If you need further information read Cash Poker Pro Whitepaper.

Ethereum Poker Room Poker

Remember, the Cash Poker Pro pre-ICO will be launched in 5 days. Join it here.