Michael Mizrachi Starts Bitcoin Online Poker Room

As well as being a 3-times WSOP bracelet winner with $14,580,583 in tournament earnings, US pro Michael Mizrachi has now decided to start his own bitcoin online poker room, called GetLuckyPoker.com.The 33 year old has even decided to sponsor a bunch of his buddies
to help promote the site, including his three brothers, Luis Velador, and Mike Matusow.
Interestingly, although the GetLuckyPoker website is already up, it is not yet operational and has been in a soft launch phase for almost a year now. As Michael Mizrachi explained to Lee Davy on calvinayre last week:
“I have decided to make my own luck. I am opening my own online poker site. We will have a few pros on there. It will be called GetLuckyPoker.com and we will be using bitcoins. Hopefully, that works. We will have Badeci, Badugi, Deuce to Seven.. as many games as we can get up on there. Hopefully, it will be up before the beginning of January and it’s going to be exciting.”
Bitcoin-based gambling has become increasingly popular of late, with advantages of the virtual currency including allowing for quick deposits and withdrawals, as well as providing security and anonymity. One of the biggest online gambling Bitcoin sites out there at the moment can be found at sealswithclubs.eu, and has a motto which states: “No Banking, Only Bitcoin.”
Another is called Breakout Coin (BRO), and in September the site announced its launch complete with a number of high profile poker pros, including Johnny Chan, Huck Seed, Jennifer Harman, Ted Forrest, Todd Brunson and Vladimir Shchemelev. As Breakout Gaming’s head of marketing Gian Perroni explained at the time:
“The difference is that we’re building a gaming property whose sole purpose is to support the value of the coin. What will make the coin successful is if the gaming is successful, and what makes the gaming successful is the fact that we have a blend of excellent products and very, very good experienced personnel.”
It will be interesting to now see how Michael Mizrachi’s bitcoin venture takes off, but “The Grinder” is no stranger to gambling, and as he says of his latest project: “We are all gamblers. We aren’t afraid of losing. We all think that bitcoin will rise up. It’s new to me, but I will take the risk, and feel like it has a good shot to be a success… You have to take risks. I have had some good businesses, and some not so good. It’s the risk you take.”