If you have a bitcoin or poker question please post it in the comments box or contact us.
Are bitcoin bets and payouts transactions on the block chain?
When you deposit and withdraw to and from a bitcoin poker site those transaction are on the blockchain. Everything in between, like your bets and payouts, is just being recorded by the poker site not on the blockchain.
As such your balance is not 100% in your control until you withdraw it back to your own wallet on the blockchain.
How can I bet on the value of bitcoin? ie short or long bitcoin
At FortuneJack (review) (UK punters must use a VPN) you can deposit bitcoin and take a position whether the value of bitcoin will go up or down in a predetermined time frame. If you are right you will return 1.8 mBTC for every 1 mBTC risked.
Is Bitcoin Poker Legal?
We have a full page on this topic, please see bitcoin gambling laws & jurisdictions.