[CoinPoker] - Official - Bringing the Game Back to Players
Hello Everyone,
This is the Official Thread of CoinPoker (previous thread)
I can confirm that support refused to convert even measly 120 CHP straight to USDT and also got the same generic response from them with this bonus bs. I don't see anyone in their right mind continue trusting Coinpoker.
Was this a large amount? They usually evaluate this on a case by case basis for each player and based on the amount.
Around $170 worth of CHP. I replied with many points stating why I think it is unfair and that I did not agree for the new terms in regards to CHP, yet I cannot do anything with it. Below is their final answer to my email with all of the concerns that I raised:
Thank you for your feedback.
Note that we are doing a 100% rakeback promotion for the month of March, which is the reason the CHP can only be used as a bonus in April.
We will not make any conversion to USDT. Thank you for your understanding.
Let us know if you need help with anything else.
Translation: since we are doing 100% RB promo, we give ourselves the full right to do what we want and we don't care about what you think. Doesn't matter if you didn't agree for the new, buggy software. It has the 100% RB, so shut up, we are allowed to take your CHP and lock it behind 33% (instead the original 50%) bonus.
I just coolered the hell out of a guy seven times playing heads up in one like six buy-ins off him. Site is ridiculous. I mean playing heads up, two people at the table and cooling the guy seven times. How is that even possible?
Then of course I play another session against another guy and I get coolered at seven times. I mean you guys think this stuff is normal? Because I play
I agree with you 100%. I grind 6-max cash games and the coolers that happen are unbearable sometimes but then adapt to the understanding of folding in certain spots you should never fold is actually more valuable. In fact, they use to have a Bad Beat Jackpot promotion where you would see far too many BBJ hitting abnormally frequently. Especially, through the volume they had performing when they did have it running. It is quite strange.
To be honest, I think the only problems and fears I have about Coinpoker are the rake remaining high after the end of the 100% rakeback promotion, and I think there should be tables without an ante. Frankly, ante games favor weaker players who tend to go all-in more frequently and simplify the game. Therefore, in my view, deepstack play favors those who study more, especially since you have more "maneuvers" for the post-flop where you can apply your edge.
So, if I were to complain about a single problem I see on the site today, besides some "bugs" in this new version, it's precisely that all PLO cash game tables have an ante, because the game becomes simpler and facilitates some spots for weaker players.
I'm routinely missing hands and crashing tables on this new software. Black table bug, new tables fail to load bug, and entire desktop environment freezing. Especially if I try to play more than 3 tables.
This shouldn't be a system resources problem. I've got 64gb ddr5, a 7800 x3d, and threadripper, and a radeon 7900 xt.
Huh What are the red flags you see, or am I missing something here I realize there have been a few glitches and technical errors, but the fact of the matter is this is hands down the best rakeback promotion we've seen in awhile. The improvements in features are also much greater than the new glitches/errors introduced.
We don't know who or what entity owns the site (this is shady for several reasons)
The "regulators" in the jurisdiction that regulates them is worthless (good luck with a legal issue if something happens to your 5, 6, or 7-figure bankroll)
It's operating illegally in the US (we all make our own decision in that regard, but it's still a red flag). At any given time, player bankrolls can get seized if this site or US-facing online poker sites as a whole become targets of the gov't or DOJ (see UIGEA and Black Friday among other examples)
CHP is crypto. So you have to trust they never decide to rug-pull, and, again, we don't know who or what entity owns this site. Even worse, it could have been sold to someone or some entity and we have no way of knowing that. For all we know the site was sold and that's why it went from something we actually liked in terms of functionality and user experience ---> some random trash GG Poker clone filled with absolutely irritating new bells, whistles, and bugs
Do I need to go on? I could sift through this thread and others and probably list you several more
I would never, ever trust this place with a 5 or more figure bankroll. I'd keep as little as possible on here just for stakes I'd play and withdraw profit with as much regularity as possible. Even then I wouldn't trust the site
I love me some decentralization (BTC and ETH hodler here), but you must be transparent to enough of a degree to earn my trust. If you can't deposit on a site via PayPal, you're immediately accepting a large degree of risk. If you can't easily see pathways to remedy a legal issue, or even a jurisdictional issue, even more risk. Nothing about this current iteration of the site and their portrayal of a 100% rakeback promotion that is very, very clearly not 100% rakeback gives me any confidence in security and/or fairness at all
Like, even if I was donk trying to spin a couple bucks into some huge score, and by the grace of the Random Number Gods, accomplished that, who's to say they declare I violated the TOS on some true bs and confiscate the roll? And when that happens, how can I present my case that the money is legally mine? Who do I even sue, or appeal to? They aren't exactly doing much to dispel those concerns, and it doesn't help that this rollout/transition was poorly presented and incredibly misleading (and arguably false advertising). Love me some massive rakeback, but it feels underhanded to present this shiny new toy while quietly jacking up the price to an insane level. A level that they leave open the question of wtf is going to happen next month? Communication on that part is also disconcerting, if not poor in execution. Better communication alone would dispel a good chunk of my mistrust. Not seeing it in this thread
https://coinpoker.com/promotions/rakebac...
https://coinpoker.com/promotions/coinrac...
Since today the 2nd phase started and I am already confused:
„ During the 100% Rakeback promotion, prizes won in CoinRaces will be balanced with your rakeback. Everyone still receives 100% rakeback up to the end of March 31.
For example, if you collected $100 in rakeback from a day of poker, but won $50 from CoinRaces at lunchtime, your rakeback payment will be $50 the following morning.“
So basically the Coinrace is worthless if you would have gotten the same amount either way?
Why lobby so ****ed up.I cant login been playing since 2017 SORT IT OUT. FFS
As I understand it you play leaderboards and if you don’t win enough to meet 100% rb then they top you up to 100%.
Do you have to opt in to leaderboards?
If you win more than 100% rb then that’s all you get.
So really it’s not 100% rb.
If you win more than 100% rb on leaderboard then I don’t think you get 100% rb on top.
You get 100% rb on MTT’s.
You are still getting 100% rb just a shifty way to do it.
Can someone confirm if its 100% RB plus whatever over you win on leaderboard you keep that goes over 100% RB.
As I understand it you play leaderboards and if you don’t win enough to meet 100% rb then they top you up to 100%. Do you have to opt in to leaderboards?If you win more than 100% rb then that’s all you get.So really it’s not 100% rb.If you win more than 100% rb on leaderboard then I don’t think you get 100% rb on top.You get 100% rb on MTT’s.You are still getting 100% rb just
Cant recall exact wording but they did mention something along lines of "we appreciate this (the upping of rb to 100%) makes the leadersboards rather redundant" So i guess 100%rb is the max and if win more on leaderboards you aint getting it! Clearly that sucks for those that grind for leaderboards.
We don't know who or what entity owns the site (this is shady for several reasons)The "regulators" in the jurisdiction that regulates them is worthless (good luck with a legal issue if something happens to your 5, 6, or 7-figure bankroll)It's operating illegally in the US (we all make our own decision in that regard, but it's still a red flag). At any given time, player bankrol
Source: trust me bro. Do you have any examples of players being banned or loosing their bankrolls?
If you dont like it here why play?
Does money won from leaderboards go straight into your poker balance or into the 'coin enquiry' pot that needs to be manually collected?
Dont suppose anyone knows....now they say RB is being topped upto 100%...have they mentioned if this will still be paid daily or weekly or whenever?
Just to make this fully clear for everyone:
The rakeback itself still remains 100% until March 31.But the CoinRaces leaderboard prizes are not on top of that 100%.
They already clarified it with this example:
if you generate $100 in rakeback
and win $50 from CoinRaces
then your next rakeback payment will only be $50
So the leaderboard prizes are being deducted from the same 100% rakeback pool, not added on top.
That means the original wording about “$1,000,000 per week via CoinRaces leaderboards” was extremely misleading, because the natural reading was obviously:
100% rakeback + leaderboard prizes
But the real structure is:
100% total return, with leaderboard prizes counted inside that 100%.
Still a very good promo, but very different from how it was first presented.
Does money won from leaderboards go straight into your poker balance or into the 'coin enquiry' pot that needs to be manually collected?
Leaderboard winnings are paid into your rewards balance, within a few minutes of the leaderboard ending, in USDT. Then you just need to transfer them across to your withdrawable balance with the 'Transfer Now' button. The same way rakeback works this month, which should arrive at 08:00 UTC each day.
Source: trust me bro. Do you have any examples of players being banned or loosing their bankrolls?
If you dont like it here why play?
Not sure how to answer this because it seems you either didn't read my posts or do not understand the content
I was asked a question and I answered it. There's no "trust me bro" about it
So what is the rakeback structure going to be moving forward in April? I’ve emailed support 3 times over the last week and not heard back. This site is a ticking time bomb.
@Chk10x and @Snipe I'm told you have now been credited $100 - let me know if not.
@MatiKosa and @bbz003 I've asked for your CoinPoker username in DM so I can also request that for you.
Right, I did read that part mentioned.
But will the bonus apply retroactively to deposits in March?
Im not 100% but i think you need to make another deposit in april and they will apply it to that.
TeddyD is correct here yes, it will apply to your first deposit in April or beyond. The casino bonus is a separate bonus to the poker one. That one is available this month and ongoing, for casino play.
Players couldn't really do anything with CHP since November 2024 when liquidity was removed from the pool, at which point CoinPoker announced this to all players over email and on 2+2 / socials. It couldn't be sold in the client.
A screenshot of that email is here - https://forumserver.twoplustwo.com/showp...
Players bought it in order to keep holding it and pay less rake. The original plan announced 17 months ago was to replace it with a new token, but based on player feedback we decided to phase it out during this month of 100% rakeback, and not have a native token ongoing.
The bonus is designed to function in a similar way to CHP did - holders of CHP bought it to hold and pay rake with, with no intention to sell (and that was not possible) until it was gradually 'traded away' then they'd top it up - we also often recommended only buying the minimum needed to pay rake at your preferred stakes, for example here https://forumserver.twoplustwo.com/showp...
Sorry for dumb question. Do i have to buy crytpo to then deposit on the site. or can i deposit with £s and it converts in the client?
So what happens after March?
New player here.
What will the raxeback be next month? And will it be automatically pit into your account via usdt?
So what is the rakeback structure going to be moving forward in April? I’ve emailed support 3 times over the last week and not heard back. This site is a ticking time bomb.
This will be announced soon - thanks for your patience. We're taking the time to consult all our partners and pro players to find out what they think is the best overall model for the site, for both regs and recs.
GazzyB123 for example tweeted that he's confident everyone will be happy with it https://x.com/GazzyB1233/status/20288697...
Source: trust me bro. Do you have any examples of players being banned or loosing their bankrolls?
If you dont like it here why play?
Thanks for the positive post. We are trusted by high stakes pros with 8 figure bankrolls on the site. Kayhan Mokri, Linus, PR0DIGY and others, sometimes have $1M+ just on one table. Among our ambassador team we have some of the most respected names: Bencb, Pads, Mario Mosböck, Charlie Carrel and some recent partners like Abby Merk, JRB, Faraz Jaka, YoH ViraL, girafganger7, Beriuzy, Papo MC etc. are also now working with the site in a variety of ways.
