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The 2020 Online World Series of Poker Is Finally Here

After a long wait following the cancellation of the 2020 World Series of Poker due to the coronavirus pandemic, poker lovers can now finally enjoy the action online. The 2020 Online World Series of Poker kicked off on July 1 and is set to run until September 6.

While the online tournament series may seem rather weird for people who were used to being part of the action in the land-based venues, the online tournament series promises a lot of fun for every poker lover. To begin with, the online poker series features a total of 85 WSOP gold bracelets all of which are up for grabs on both GGPoker and WSOP.com.

WSOP.com’s daily series poker action began on July 1 and will remain available till July 31. This will, unfortunately, be available to only New Jersey and Nevada players. GGPoker, on the other hand, will be kicking off its massive array of 54 bracelet events on July 19 and they will run till September 6.

Record-Breaking Events in Store

While it may have been a result of circumstance, there is a lot of optimism about the tournaments. Most notable, it is expected that the 2020 Online World Series of Poker will become the largest online poker event ever, that is, in terms of the prize pool. Speaking of the prize pool, the event has a massive guarantee which has certainly caught the attention of poker players and pros from all around the globe.

“With over $100M in guarantees during the WSOPC Super Series in May and more than $134M in awarded prizes, it’s clear that GGPoker and the WSOP make a good pair. We’re excited to create bracelet events that the worldwide poker community will embrace, as well as innovative programming with PokerGo.”

Steve Preiss, Head of Poker Operations for GGPoker.

The players will have the chance to participate in a ton of exciting events with very reasonable buy-ins. Even the “Main Event” which will go down on WSOP.com on July 31 will have a buy-in of $1,000. This might seem a little high but it is definitely low enough that a considerable number of players will be able to get in on the fun. To put this into perspective, the No-Limit Hold’em Championship “Main Event” will cost a whopping $9,000 less than the traditional Main Event. That said, if you have always wanted to participate in that particular event but the high buy-in has kept you away, this might your chance to be a part of it.

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The World of Crypto and Poker in 2020 And Beyond

Poker remains to be one of the most popular games on the planet and this is set to be the case for a very long time. No other games come even close to offering the thrill and excitement that poker offers its customers. Now, things are about to get even better thanks to the entry and subsequent integration of crypto technology.

While digital currencies and the associated technologies are still seen as novelties by many people, they have evolved tremendously over the years to become among the most popular topics on the planet. A revolution in the way that we perform transactions is imminent and one of the industries that will benefit will be the gambling industry. This is because the sector was among the very first ones to adopt crypto technologies in a bid to improve service delivery. The gaming industry has capitalized on the benefits that can be derived from the use of bitcoin and other cryptocurrencies as well as supporting technologies such as the blockchain and smart contracts.

How Will It Impact Online Poker?

Already, there are a decent number of online poker operators that are utilizing digital currencies. These companies are now essentially proof of concept for the benefits of using crypto for banking. Some of the most marketed benefits include security, safety, speed, flexibility, and even anonymity. Decentralization plays a huge part in this and it ties in very well with the accessibility that online poker operators are working hard to keep offering.

The shift towards online poker operations that support crypto payments has already begun albeit on a rather small scale – it is picking up the pace though. Digital currencies may have grown tremendously popular but there has been a bit of a slowdown in terms of mainstream rollout. The gaming industry does not seem to be suffering from the same problem since it is known for being very experimental as an early adopter of technologies.

Giving Users Full Control

At the end of the day, this seems to be the most important factor for many online poker players. By eliminating the middleman, online poker operators will allow the users to have more control over how they spend their money. Speed, safety and security are the core consideration in this case. A number of projects were already in the pipeline by the time 2019 was coming to an end with more set to come into play this year. There are lots of crypto-powered online poker sites available right now. You might want to get acquainted with them as soon as possible. Why? They are the future.