On yesterday's stream Eddie said Poker should and will be coming to stake some time soon.
He didn't mention a specific time though.
I think that's a great idea. They basically get risk free money through collecting the rake. Having a super big player base this would be a HUGE opportunity for stake and for their players.
For people with skill at poker that might become a lucrative site. Many degen gamblers that just lost with casino games and sports might "try their luck" at poker, fishing time.
Question is though, will they make their own poker software/network where only stake players will be able to play or will they join a network like ipoker, ggpoker, 888 and so on.
My best guess that they will keep it in house because KYC is not mandatory. Some abusers might want to run up some amounts on sports/casino and the chip dump it to somebody on a different site through shared network.
Anyway, I think it's a nice idea. Poker with crypto still is WAY too small.
Let's hope they can create a fun and safe environment with a lot of different poker variations like NLH, PLO, Stud games, Chinese Poker and so on.
Hopefully they are asking the players for their input when creating this! And please, make some moderate rake.
While I would love to see a truly successful crypto poker site, I'm not sure there are enough people around the world who could make it as popular as something like PokerStars or GGPoker. Those sites are successful, having thousands of players even at the low points of the day, but the fact they are fiat based just gives them a much higher audience. The fact is many people still do not have any interest in crypto nor want to mix it into the gambling mix. Those that do have crypto usually have it with the intention of holding on long term or using it for a particular purpose besides gambling. It will also take a huge effort, which will be greatly helped by their existing player base they can direct there, in order to reach that self sustaining critical mass of players.
If there are not thousands of users interested in crypto, then why are there 10s of thousands of viewers on some of these streamers like Adin Ross or Trainwrecks? Why would sites waste their money hiring these big named streamers, or having sponsorships with sports personas, or even waste money paying for advertising?
I think there are more people interested in crypto than we think and we just have to stay vigilant in spreading the word. Get people engaged and show them that crypto is here to stay. That along with new ways to use their crypto(such as poker) will be the way to get more and more interested in crypto.
I hope this launch happens soon and I hope it goes well. I feel like poker is much easier to make money on vs all the other games a casino may offer.