With modern technologies advancing daily and cryptocurrencies making their way into more people’s portfolios, the potential has come up for a blockchain-based poker site to make some noise in the online poker market. After some failed attempts, one has stuck around, and it’s gaining popularity rapidly. Let’s look at CoinPoker and why it could be the future of online poker.
About the Company
CoinPoker first launched its operations back in 2017. One of the key people in the company is a poker legend, Lithuanian businessman Atanas ‘Tony G’ Guoga. One of the revolutionary features of CoinPoker is its decentralized Random Number Generator, which is fully blockchain-based and available to be reviewed by anyone. Games are in USDT despite the site having its own CHP token. Today, CHP is used only as a tool for awarding rakeback. Despite the site having a no KYC policy and its availability in all jurisdictions, it is entirely legal and operates under the Curaçao eGaming licence.
The Games
CoinPoker offers a variety of poker games. The software supports three poker formats: No Limit Holdem, Pot Limit Omaha, and 5-card Pot Limit Omaha. One vital difference between CoinPoker and others is the maximum of seven players per table. Additionally, 4-handed and heads-up games are also available. Here is the breakdown of the site’s offering:
- Cash game stakes start at 2c/5c and go up to $1000/$2000.
- VIP games play as high as $10k/$20k.
- Tournament formats include freeze-outs, re-entries, deep stack, bounty, etc., with buy-ins up to $5k.
- Satellites for live events are also available.
- Cosmic Spins, with six levels of buy-ins between 25c and $100.
- Recently, CoinPoker added casino and live dealer games to their offering.
CoinPoker Promotions
Player bonuses and promotions are segments where CoinPoker shines compared to other poker rooms on the market. Having a team of seasoned poker pros working behind the scenes, they go out of their way to make the player’s experience as enjoyable as possible.
First Deposit Bonus
CoinPoker offers a generous first deposit bonus. All you have to do is deposit between $10 and $2000, and you will unlock an astounding 150% bonus. It will be released in 10% instalments as you keep paying rake. You will need to generate a total of 2x the bonus in rake to release it completely. Example:
- You make a $2000 deposit.
- You are eligible for a $3000 bonus.
- Your bonus will pay out $300 for every $600 rake paid.
Rakeback
CoinPoker’s rakeback is among the industry’s highest. Every player is eligible for a 33% rake rebate paid out weekly. There is a small catch. To take advantage of this bonus, you must have CHP in your account. You can exchange USDT for CHP directly in your account. Rakeback is paid out every Monday. Example:
- You don’t have CHP in your account. The rake is paid in USDT. You don’t get any rakeback.
- You have CHP in your account. Half of the rake is paid in CHP. You get 33% rake back as CHP next Monday.
Leaderboards
Leaderboards are another way CoinPoker rewards its players. This one is for the most loyal ones. Compete against other players and climb the ladder for a bigger payday. There is a leaderboard for every game format:
- No Limit Holdem cash game $1000 daily
- Pot Limit Omaha cash game $1000 daily
- Cosmic Spins $500 daily
- Tournament $15,000 monthly.
Bad Beat Jackpot
Have you gotten super unlucky? When you play on CoinPoker, you don’t have to worry about this. If two monstrous hands collide, everyone at that table will get rewarded. Unlike some other sites that take extra money out of the pot, at CoinPoker, 2.5% of all the generated rake goes towards growing the Bad Beat Jackpot. The amount paid out depends on the table stakes, so the higher you play, the bigger the potential reward. Here are the jackpot requirements:
- At least three players must be dealt into the hand.
- The hand must go to the showdown.
- Both winner and loser must use two of their hole cards.
- In case of running it multiple times, only the first run will count.
- In NL Holdem, a player must lose with Aces full of Kings (AAAKK) or better.
- In PL Omaha, with any straight flush.
- In 5-card PL Omaha, with a 7-high straight flush (34567).
If all of the above criteria are met, the jackpot will pay out 50% to the loser of the hand and 20% to the winner. 20% will be shared among all other players seated at the table, while 10% will be collected as an admin fee.
Get Your Coinpoker Account Today
If all of the above sounds awesome to you, simply follow these steps to get started:
- Head over to CoinPoker using our link.
- Enter your e-mail, nickname, and password.
- Verify your e-mail and mobile phone number.
That’s it! Your account is ready. Since the site has a no KYC policy, no further verification is necessary. As always, remember to send us a message. We might have a surprise in store for you. Go big or go home!