A popular fixture of the SwCPoker annual schedule, the Bitcoin Poker Holiday Series (BPHS) returns again for 2023. There are 45 events with a total of 2,000,000 chips guaranteed, which is equal to 2 bitcoins.
Each weekday will see three or four tourneys take place while Saturdays and Sundays are a bit busier with five or six tournaments firing off daily. The event with the earliest starting time is scheduled for noon ET while the latest-running MTT gets underway at midnight ET. There's thus a clear bias in favor of North Americans here.
Though many competing sites have experimented with expanding their series beyond just NL Hold'em and PL Omaha, this trend is perhaps most pronounced at SwcPoker. Among the variants highlighted in this year's series are Big O, 12-Game Mix, Triple Stud, Pineapple, and Drawmaha.
Buyins range from 250 to 5,000 chips. At present rates of exchange, we're talking about between $11 and $215 per event: eminently reasonable and affordable for the many of players.
The Main Event of the BPHS is set to begin at 7 p.m. ET on New Year's Eve (Sunday, Jan. 31). It has a buyin of 5,000 chips and a guarantee of 250,000. This price of entry corresponds to 0.005 BTC or roughly $215 at current market rates. The prize pool will be at least one-quarter of a bitcoin (approximately $11,000. It's possible to re-enter up to four times.
Participants in the BPHS will automatically earn points toward a leaderboard for every tournament that they finish in the money. Then at the end of the series, the top 32 individuals on the leaderboard will win prizes.
Points are earned according to the following formula:
10 x (√Field Size/ √Finish) x (1 + log Buyin)
Everyone who registers for an MTT before it begins gets a 1.5x point multiplier.
At the conclusion of the series, the top 10 leaderboard placers will win the following prizes:
In addition, the top 32 leaderboard finishers will gain entry into a special Holiday Series freeroll.
In addition to the elements directly connected to the series events, there are also a bunch of other attractive features surrounding the BPHS. Every day, there are two 500 chip freerolls. Furthermore, while the series is running, all cash game players will get triple of the Krill rewards currency.
If you're unfamiliar with how SwcPoker works, then perhaps it's time to go over a few of the basics because it has its differences from your standard online poker room.
The most important thing to be aware of is that all cashier functions are conducted in Bitcoin and Bitcoin alone. You can't deposit fiat currency and have it exchanged into Bitcoin; neither can you request that SwC transform your balance from bitcoins into standard currency when you request a withdrawal.
All games are similarly denominated in BTC units. However, SwCPoker divides each bitcoin into a million parts to arrive at the value of a single chip. Or to put it another way, each chip at SwC is worth .000001 BTC.
If you'd like to enjoy the Bitcoin Poker Holiday Series but don't yet have an account at SwCPoker, then there's no time like the present to open a new one. Simply click on the button below to go to SwCPoker's website:
For more info about this cardroom, you can check out this honest SwCPoker review.
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