Depositing through conventional payment methods using fiat currencies typically requires the involvement of a third party. Not just this, you will also have to give up some of your details to bring the transaction into effect. By implication, your financial transactions, especially deposits cannot be confidential. Thankfully, betting with Bitcoin, Ethereum, Litecoin, Dogecoin, and other cryptocurrencies has ushered in a new era of rising change and comfort in anonymous deposits. You can now deposit at and other crypto operators anonymously. Since crypto makes for direct peer-to-peer financial transactions, only two parties are required to effect payments. Third parties like financial institutions, governments, and other forms of intermediaries are no longer needed. This creates the ideal setup for anonymity and privacy. One of the biggest objectives of blockchain technology is cheaper and instantaneous transactions, whether domestic or cross-border. This is why making withdrawals with crypto is great as they are instant. Of course, this is an exclusive preserve of crypto gambling platforms like Betbit Bitcoin Casino. Indeed, the involvement of a third party is the reason withdrawals at casinos and sportsbooks get delayed. Since blockchain technology eliminates the need for these third parties, this leads to faster payouts. This also means gamblers don’t need to pay fees or commissions to have their withdrawals processed. By implication, this allows you to spend more time exploring the robust assortment of games at the iGaming site instead of waiting pointlessly for payments to be effected. Once you register on a crypto casino or sportsbook, you will most likely be entitled to a bonus package as a new member of the site. This is known as the welcome or signup bonus. For instance, Betbit gives its new players a welcome offer of 100% up to 100 mBTC on their first deposit. Playing with cryptocurrency doesn’t disentitle you from enjoying good bonuses and promotions. At bitcoin operators, there are different categories of bonuses you can claim provided you meet the attached terms and conditions. Some of these bonuses and promotions are:

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Different Poker Game Types

There are so many different variants, it can all get a bit mind boggling at times. Here we will explain a few of the different formats of Texas Hold’em to you.

Multi Table Tournament (MTT)

An MTT is a format in Hold’em where a player buys in to the tournament and their buy-in will contribute towards a prizepool. The aim is to keep accumulating chips as the field narrows whilst players get knocked out. Eventually a certain percentage of the field will get paid and play all the way down to a winner.

Sit & Go

This is essentially a smaller version of a MTT with a player cap. Once a certain amount of players enter the Sit & Go will start and no new players can enter.

Bounty Tournament (KO)

This is becoming an ever increasing popular format of poker. It usually takes the format of an MTT with a slight twist. In this format, a part of the players buy-in goes towards a knockout prizepool and another into the main prizepool. A player will receive a part of the knockout prizepool every time they eliminate another opponent from the tournament. This is enjoyed by many as they receive instant rewards from eliminating players and creates an incentive to knock other players out.

Timed Tournament

A player receives a certain amount of chips and can add on at various points throughout. After a certain amount of time, the tournament is halted and players are awarded prizes based on the amount of chips they have.

Short Deck

Short deck, also known as Six Plus Hold’em is a variant of Hold’em where all the cards below 6 are removed from the deck. It was created to drive more action in the game. Hand rankings may differ dependent on the rules set out by the provider. It is always essential to check before playing.


A satellite is a tournament where you can win entry into a larger tournament. These are designed to allow anyone to play larger tournaments no matter the size of your bankroll. Some of the greatest wins in the history of poker tournaments have come from players satelliting in and so their significance is not to be underestimated.

Pot Limit Omaha (PLO)

Whilst this is not a format of Texas Hold’em, it still merits mentioning as it is a very popular game format. In this format of poker, players are dealt 4 hole cards and must use two cards from their hand, unlike Hold’em where a player can use, both, one or neither of their cards. Furthermore, whereas Hold’em is a no limit game, as you can probably guess from its name that the maximum bet you can make at any one time is the size of the pot.

If you fancy playing one of these game types, head down to The Poker Palace at Club Marconi, where you can find these games running. The Poker Palace is one of the only venues in Sydney that offer such a wide variety of games, catering to the needs of all players!

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