[CoinPoker] - Official - Bringing the Game Back to Players
[CoinPoker] - Official - Bringing the Game Back to Players
8
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[CoinPoker] - Official - Bringing the Game Back to Players

Hello Everyone,
This is the Official Thread of CoinPoker (previous thread)

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05 July 2018 at 04:51 PM
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2551 Replies

8
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The CHP are just super annoying. I play without rakeback at this point because the system appears obscure to me, and feels scammy.
Also I am too lazy to do all this transfering and swaping, account registering etc.

Just finally give us usdt rb and everyone will be happy.


The CHP thing isn't that confusing or bad.

First of all, if you buy CHP on Coinpoker they charge 5% fee each time. So effectively it's more like 28% rakeback.

You don't need to buy a high amount of CHP at once, just enough to cover at least half your contributed rake for the week, or you can just try a smaller amount and see how it all works.

If you play a session and paid $10 in contributed rake (nothing to do with how much rake you actually paid from the pots you won) then when you close the tables, half of that amount comes out of your CHP balance (equivalent), so $5 USDT worth of CHP, and at the same time $5 is added back to your USDT.

That continues for the week until Monday morning around 7am PST when 33% of your contributed rake for the week is added back to your CHP balance, then it starts over for the new week.


Hi Coinpoker,
Can you open less 7max tables to increase traffic to the 4max tables? Thanks.


by MagRailPro m

The CHP are just super annoying. I play without rakeback at this point because the system appears obscure to me, and feels scammy.
Also I am too lazy to do all this transfering and swaping, account registering etc.

Just finally give us usdt rb and everyone will be happy.

There's no longer any complicated transferring / swapping / DEX exchange account registering if that's what you mean, anymore. CHP is now bought in the client, in one click. Then gradually traded away automatically during the course of that player's weekly playing sessions.


by f0rg0tten m

Hi Coinpoker,
Can you open less 7max tables to increase traffic to the 4max tables? Thanks.

6max is currently under consideration, so if / when that happens it might also affect the number of 7max and 4max tables that spawn. I don't have an exact timeframe yet unfortunately.


by Coin_poker m

6max is currently under consideration, so if / when that happens it might also affect the number of 7max and 4max tables that spawn. I don't have an exact timeframe yet unfortunately.

will 6max be ante tables?


by Coin_poker m

There's no longer any complicated transferring / swapping / DEX exchange account registering if that's what you mean, anymore. CHP is now bought in the client, in one click. Then gradually traded away automatically during the course of that player's weekly playing sessions.

Ok, I see.
What about converting CHP into cash or usdt once it was credited by Coinpoker?
Can that be swapped on the spot, or do I need an external provider to turn CHP into usdt?
And is there still a 1000 CHP barrier to swap it into usdt?
Thanks for helping.


If you win a coin by winning one of the coinmaster tourneys as a part of that promotion, is your coin collection listed anywhere?


Hi guys,

Do you know if this converter is safe? https://www.advancedpokertools.com/produ...

It is detected as a Trojan by my antivirus..


Hello,

Can we swap CHP tu USDT on Metamask?


I have been using that converter for a few months it's safe and works pretty good.


by Coin_poker m

Speaking as a player I'd agree, and as you said before recs then wake up with money in their account after a loss.

You're talking to players. Not crypto casino owners.

But from a poker / crypto casino perspective, how many just pay 33% flat rakeback nowadays while also having a good product, not many. There's usually some kind of catch.

Like Rollbit requiring people to hold RLB token to get rewards - CoinPoker also has a similar crypto futures betting type feature coming soon, hopefully that brings in some recs that then crossover into to poker. And some Polymarket style predictions markets in the sportsbook.

Seems like a Freudian slip here? Because you're admitting that since you don't pay a flat 33% rakeback, you make players jump through hoops, you pay less rakeback than advertised, you make people hold a worthless token to get rakeback, and you aspire to add more casino games/elements to the platform, you are no better than those other scam casino sites.

As played, the CHP ICO happened in 2017 and now they have, in Mario's words in a video he made 'inherited' a token still valued in the millions of $. So their options are to use that, bridge to a new token, or render it worthless by switching to flat rakeback. Just my personal opinion. They're aware some players don't like CHP as I've passed on all the feedback here, some don't mind it at all though.

The token is already worthless, because it isn't worth anything. If you destroyed everyone's CHP right now and switch everyone to an automatic 33% rakeback, paid in USDT, zero people would lose anything and almost everyone would gain money.


I dont really care if i get rakeback in CHP or in USDT. I also dont care that you charge a 5% fee (which is redicilous, its your token and you are not a 3rd party offering something to take a fee of it.) But if some funplayer plays a couple of days, runs out of money and then gets CHP the following monday in his account, its super frustrating i can imagine. They first lost their money, now they dont even get rakeback paid in USDT so they can play again and have to deposit. This is gonna loose you recreational players which are the most valueable players we need to keep the games going.


by Rolled High, Bro m

You're talking to players. Not crypto casino owners.Seems like a Freudian slip here? Because you're admitting that since you don't pay a flat 33% rakeback, you make players jump through hoops, you pay less rakeback than advertised, you make people hold a worthless token to get rakeback, and you aspire to add more casino games/elements to the platform, you are no better than t

It is written that it's effectively 31.35%, several times on the rakeback landing page on the website.

There are now no hoops to jump through anymore unlike before, it's now just one mouse click to buy CHP in-client. That is then automatically traded away as you play. This has been explained ITT by other players as well who don't consider it a scam at all - they just buy a tiny amount, few bucks, enough to get rakeback.

I understand some players don't like it, and I've given everyone here the courtesy of a proper reply instead of just a template answer, but many players are perfectly happy with it, they click the mouse once, they end up with 31.35% effective rakeback each Monday.


by MagRailPro m

Ok, I see.
What about converting CHP into cash or usdt once it was credited by Coinpoker?
Can that be swapped on the spot, or do I need an external provider to turn CHP into usdt?
And is there still a 1000 CHP barrier to swap it into usdt?
Thanks for helping.

Players generally buy a tiny amount to cover that week's rake because no, it can't currently be swapped back in the client. Players have asked for this, we're aware of the feedback - I haven't heard anything yet as to whether they'll add that option.

Using an external provider would be risky as the liquidity is so low, but there are buys and sells happening each day you could potentially check what size of sell order moved the price by what % https://coinmarketcap.com/dexscan/polygo...

Some of those are smaller than 1000 CHP, one recent sell is just 168 CHP


by NoChopNinja m

will 6max be ante tables?

Not sure yet I'll try to find out


by Sheggy1377 m

If you win a coin by winning one of the coinmaster tourneys as a part of that promotion, is your coin collection listed anywhere?

We'll be adding a leaderboard in the next few days to the landing page, which displays the winners of each event and which coin they won, yes.


by Bananaplay69 m

I dont really care if i get rakeback in CHP or in USDT. I also dont care that you charge a 5% fee (which is redicilous, its your token and you are not a 3rd party offering something to take a fee of it.) But if some funplayer plays a couple of days, runs out of money and then gets CHP the following monday in his account, its super frustrating i can imagine. They first lost thei

That's a fair point, Dappadan brought that up before and I did pass it on. Feel free to bring it up on Discord as well or over email, it all gets read. Feel free to tag Mario / Pads on X too, they are more influential than myself in terms of reaching management.


by parisron m

The CHP thing isn't that confusing or bad.

Good to hear. Yes we have veteran players ITT who've been on 2+2 for 15-20 years who don't mind it and appreciate that we offer a higher rakeback than competitors.

by boohaa12 m

buy 100 get 95
33% of 95 is 31.35%

by boohaa12 m

yes you need to hold in your coin account, they are removed each time you exit table and given back the following week Monday. Many many posts on this in thread. Yes of course it worth it. You buy it in client. Don't buy more then you need, buy like 500 chp to start, and see how fast you use it. After that buy enough for maybe 1 or 2 sessions and just keep buying in client as y

by Slugant m

imagine playing on GG where they advertise 50% rb and only getting 12,5%

count your blessings with coinpoker


by Coin_poker m

That's a fair point, Dappadan brought that up before and I did pass it on. Feel free to bring it up on Discord as well or over email, it all gets read. Feel free to tag Mario / Pads on X too, they are more influential than myself in terms of reaching management.

this is basically what I mean wrt rb paid in USDT so that it’s a nice little bonus for fish who run out or you’re earning as you play for a pro. I’ve sort of stopped playing here because of this it’s just annoying. There’s no point messaging Pads etc, nobody listens or has any pull CP seem hell bent on keeping CHP. At the very least allow CHP to be converted back to USDT in client.


by Coin_poker m

Players generally buy a tiny amount to cover that week's rake because no, it can't currently be swapped back in the client. Players have asked for this, we're aware of the feedback - I haven't heard anything yet as to whether they'll add that option.Using an external provider would be risky as the liquidity is so low, but there are buys and sells happening each day you could po

I thank you for the response and the information.
but I did decide now, to not play on Coin Poker anymore.

The fact that your company doesn't want to make such an easy thing like usdt rakeback work, and also your CEO hiding in the dark is nothing I want to support anymore.

On top winning over a good samplesize even as a professional poker player seems impossible to me. No matter Mtts or cg.
Really bad, because your room would have so much potential, but spreading equity into the ecosystem by your RNG so you can rake/profit more + your sketchy rb
and the overall rigged/fixed feeling just ruined it.
GL anyway


by MagRailPro m

I thank you for the response and the information.but I did decide now, to not play on Coin Poker anymore. The fact that your company doesn't want to make such an easy thing like usdt rakeback work, and also your CEO hiding in the dark is nothing I want to support anymore.On top winning over a good samplesize even as a professional poker player seems impossible to me. No matter

It may be supported in the near future when the rakeback system is finally revamped. The current system isn't intended to be permanent. Perhaps you'll join us again when things change.

Re: the CEO point, other veteran 2+2ers also addressed that ITT when it was brought up before:

by freddy10-4 m

if you don't like it, don't play, simple. They aren't telling you who owns it, and that should come as no surprise given the seriously grey legal area they are operating in. Plenty of licensed sites to play at if you prefer.

Then I don't really understand what you mean by 'spreading equity into the ecosystem by your RNG'. We've just had the best players in the world play a Cash Game World Championship over a huge sample size of hands, none brought up anything like this. So we do have professional players that disagree with both of your final points there.


by MagRailPro m

On top winning over a good samplesize even as a professional poker player seems impossible to me. No matter Mtts or cg.
GL anyway

Your comments about the CHP/rakeback are justified but this is just not true. Seems like you're just moaning for the sake of it now.

***

Rep, can you please ask them to fix the "shift focus" thing (I can't remember the exact name of it). Basically if I am typing a msg on Discord and my table needs an action it takes the focus away from the msg I'm typing and makes the table the frontmost window open on my PC, so I'm essentially typing in vain. I then ALT+Tab back to discord, but then another table does it, it is really annoying 😃

Also a nice shiny new replayer would be awesome.

Other than that, great job CP.


by GazzyB123 m

Rep, can you please ask them to fix the "shift focus" thing (I can't remember the exact name of it). Basically if I am typing a msg on Discord and my table needs an action it takes the focus away from the msg I'm typing and makes the table the frontmost window open on my PC, so I'm essentially typing in vain. I then ALT+Tab back to discord, but then another table does it, it is

The 'bring table to top when user action required' bit right - I assume you've tested unticking this setting already - I'll pass this on now

And thanks yes we are working on a better replayer, that's definitely in the pipeline



Didn't know that existed! I have unchecked, thank you so much.

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