Poker News

Prize Reaches $500K for the PokerGo Tournament 2022

Video pokers are the new incarnation of the age-old poker games played in casinos. These new poker games do not in any way change the gameplay of this fan-favorite game from the gambling tables. However, digitization helped the game providers to offer variety in the same game and conduct tournaments with huge prize pools. Previously, video poker was accessed through the large machines kept in casinos in cities like Las Vegas. Now, as gambling activities moved online after the onset of the internet, we have video poker, among other games, played from the convenience of our homes.

The eventual development of video poker has also led to the emergence of Bitcoin video poker. This variety of games lets you wager using Bitcoins instead of fiat money. The integration of Bitcoins for such games enhances the usual difficulties found in gambling. Among the advantages, this digital currency establishes global connectivity without compromising privacy and with tax efficiency. It helps users from countries with restrictions on gambling partake with no difficulty. Moreover, playing with Bitcoin helps one not just with connectivity but also leads one to give benefits and rewards. Try your hand at Bitcoin video poker by exploring the best sites available for the same.

Now, PokerGo’s new announcement has excited the Video Poker community. The edition of the PokerGo Tour Championship has been announced to come with a prize pool of $500,000. In 2021, the PokerGo title offered a $200,000 cash prize for the winner Ali Imsirovic. Compared to this, the new edition brings more than double the prize for the previous year. A prize pool of this large in a poker tournament was never seen since the 1976 World Series Poker which came with a $10,000 cash prize.

This increased market for the growth of poker games in the last few years. Video poker has got a lot of attention lately, especially with a special impetus given by cryptocurrencies like Bitcoin. A large number of Gen Z have integrated cryptocurrencies into their lifestyle and are spending them for their lifestyle needs. Gambling, on the same line, emerged not just as a lifestyle but also as a way to cryptocurrency investment. The arrival of Bitcoin is changing the fundamental outlook of games like Video Poker.

Such tournaments from PokerGo and other operators put video poker on par with exports. Following and participating in such tournaments increases your chances of getting a grand prize. Bitcoins offer the best way there is to get the most out, such as tournaments. Contrary to popular belief, Bitcoin’s benefits do not stop with transaction speed and tax reduction. The use of Bitcoin reduces overhead expenses in casinos leading to a significant increase in your chances on the table. Moreover, with Bitcoin, one does not even have to use their own money, thanks to the numerous Bitcoin faucets operating on the Internet.

Xiang Han

Xiang Han is a journalist at CapitalBay.News and has hands-on experience in the poker industry. He frequently plays online poker games and serves as a tournament consultant for popular online poker rooms.

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