They’ve also updated the minimum bets to be more inline with the higher price tag of Bitcoin to make it easier for new players to get started. Mostly because when the site began Bitcoin only had a price tag of around $10, and this issue was never rectified, causing the chips price tag to balloon in price. However, the most interested addition is likely their new Jackpot feature.
The software has been released in a “play at your own risk” mode due to potential bugs in the programming. While SWC has offered bounties to help weed out these security risks, it begs the question of whether or not it’s worth it to play on a platform with a known security flaw.
Anyone who has held Bitcoin for more than about five minutes should be immediately suspicious of any platform with advertised security issues. SWC management has stated that they will make good on losses sustained through software bugs, but that’s still a pretty big risk to take.
Would someone who finds a major security flaw in a gambling platform report it to SWC for the bounty or choose to exploit it themselves to steal Bitcoin from players? If you’re playing with just a few dollars then this might not be a big deal, but if you’re gambling with a large bankroll then this is certainly something to be concerned about. Especially when there are other platforms available that are safer.
While in the past SWC was a rarity for accepting Bitcoin, now there are tons of other poker platforms doing the same. SWC also has less opportunities available than many newer sites. They don’t offer any other gambling options like casino games or sports books, and there are no promotions to speak of. So, while their update might be nice, it’s likely too little too late for this legacy Bitcoin poker platform.