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K8Poker FAQ

 

- What is Bitcoin?

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet.

 

 

More information can be found at bitcoin.org and blockchain.info.

 

- Where can I buy and sell bitcoins?

You can buy them from whoever has them and sell them to whoever wants them.
Many services have been created to help streamline this process.

bitstamp.net: Trade Bitcoins with style

coinbase.com: Coinbase is an international digital wallet that allows you to securely buy, use, and accept bitcoin currency.

localbitcoins.com: Buy and sell bitcoins near you.

 

- What is a chip worth?

A chip on K8poker is worth 1/10000 of a Bitcoin, this does not fluctuate.

 

- What poker software do you use? Is it safe?

We use Poker Mavens by Briggs Softworks. There are no known security flaws.

The randomness of Poker Mavens’ RNG can be tested using a utility found at briggsoft.com.

 

- How much do you charge in rake?

2.5% of the total pot size

 

- Do you have any pointing system and how does it work?

Yes, Points are earned in cash games depending on the rake a player contributes to the pot. Players point is equal to the square root of the total rake paid by each player.

 

- Does K8Poker offer rakeback?

Yes. Rakeback percentage is based on players point. It starts from 2% up to maximum 40%. Rakebacks updates once per week.

 

- How do I retrieve my password if I have lost it?

YOU CAN ONLY RETRIEVE YOUR PASSWORD IF YOU HAVE VALID EMAIL ADDRESS IN YOUR ACCOUNT.