CoinPoker is a poker room that is crypto-based. Some of the largest cash game pots in online poker history have been played on CoinPoker!
Games on CoinPoker are fair through their decentralized card shuffling software (RNG). Their “revolutionary RNG module is impossible to reverse engineer.
This makes it possible to safely disclose information about the order of the deck, and boost transparency in online poker. Once a hand is completed, players can verify the randomness of the deck, as well as see the undealt cards that would have been in play!”
On top, third-party tools such as HUDs, trackers or any assisting software are not allowed in order to ensure the games played are clean.
The CHP Token
The official cryptocurrency of CoinPoker is called Chips (CHP), and are based on the Ethereum network. This ERC-20 token can be purchased on a number of exchanges and held on ERC-20 compatible wallets. It is used on CoinPoker for promotions, bets and payments made to and from your account.
There are two wallets in CoinPoker, a CHP and USDT wallet. It’s recommended to keep a balance in CHP because you will only earn 33% weekly rakeback when paying rake from this CHP balance while playing.
Exchanges on where to trade the CHP token are growing. One of them is KuCoin and here is a guide how to buy CHP tokens on that platform. Today it’s even easier with the ‘Swap CHP’ function within the cashier.
Depositing and requesting withdrawals might seem overwhelming. It can be recommended to check out the detailed instructions on CoinPoker’s website.
Rake
Rake Structure
The rake charged by CoinPoker can be found in the table below this message and is called Community Contributions. They’re calling it like this because besides a small part used for administrative fees, all rake is used to return to the players in the form of promotions.
7-Handed Tables Rake Structure
4-Max Tables
The way this 7-handed rake structure translates into big blinds paid in rake per 100 hands, can be derived from the following table:
The rake paid in bb/100 is better than the average industry standards. Especially in combination with the 33% flat rakeback, net rake paid is amongst the lowest across all poker sites.
Rakeback
While you play, CHP is deducted to pay the rake from as long as you have a balance in CHP, otherwise it’s deducted from your USDT balance. By maintaining a balance in CHP, you’ll get 33% of the rake paid back in your account each Monday for the week prior.
Promotions
Welcome Bonus
CoinPoker is offering 3 welcome bonuses that are 100% matching your deposit, worth ₮100, ₮300 and ₮700! By depositing three times, you can receive up to ₮1,100 in welcome bonuses.
You will only have one bonus active at a time. A bonus expires 60 days after claiming it, and when it runs out or when cleared, you’re able to claim a new one and make a qualifying deposit.
Where most welcome bonuses have a clearance rate of 10-30%, meaning when you raked $1,000, $100 to $300 is cleared in bonus money. At CoinPoker, it’s as high as 50%! Half the ₮ you’ll rake is being returned through the welcome bonus! Therefore, in order to clear the largest ₮700 bonus in full, you’d need to generate ₮1,400 in rake.
Leaderboards
For cash game players CoinPoker is offering two leaderboards: one for No-Limit Hold’em (NLHE) and one for Pot Limit Omaha action, including 5-card PLO. The top 50 players in each leaderboard are winning a cash prize.At the moment, the total weekly prize pool consists of ₮10,000, ₮4,205 is being distributed across the PLO leaderboard with a ₮750 top prize, and the other ₮5,795 across the NLHE leaderboard, with a ₮1,000 first prize.
(!) Make sure to have enough CHP balance to pay the rake from, as you’re being granted 50% more leaderboard points when you’re paying the Community Contributions (rake) in CHP.
There’s a ₮15,000 tournament leaderboard as well, rewarding the top 150 players in the form of cash (₮) and/or tournament tickets.
Bad Beat Jackpot
At every cash game table 2.5% of the rake generated is used to grow the Bad Beat Jackpot. The jackpot gets triggered when at least 3 players are being dealt at the beginning of the hand, the hand goes to showdown, needs to be the first run and both winning and losing players must use two of their hole cards.
The minimum requirements for the losing hand is as follows: at 4-card PLO any Straight Flush, at 5-card PLO a Straight Flush (3-7) or better is required, and at NLHE tables one needs AAAKK or better.
Everyone at the table will be rewarded when the Bad Beat Jackpot hits! Click here for more information on the Bad Beat Jackpot payout distribution.
To participate in our CoinPoker Leaderboard to win USDT cash prizes, coaching and more, sign up to Coinpoker via https://plomastermind.com/coinpoker-signup (Open link in private/incognito window) and use Referral Code: JNANDEZ
