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

[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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2531 Replies

8
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Microstakes players are getting 100% back. As that covers approx 75% (at a guess) of players id say thats outstanding myself.


by TeddyD m

Microstakes players are getting 100% back. As that covers approx 75% (at a guess) of players id say thats outstanding myself.

huh? the micros 100% rakeback is only up to .05 big blind and that isn't anywhere near 75% of the player base lol.


is coinpoker "rewards" = rakeback? So it will be a flat 15% rakeback daily?


Also supporting the micro stakes is great to attract and keep aspiring players on the platform. Never understood the point of nickel and diming the lowest stakes.


by tiger24 m

huh? the micros 100% rakeback is only up to .05 big blind and that isn't anywhere near 75% of the player base lol.

Just checked and so it is, sorry i assumed micro was upto .50. My bad.


by Love_the_game m

is coinpoker "rewards" = rakeback? So it will be a flat 15% rakeback daily?

Thats how im reading it yes, they could perhaps just say that though to be clearer but i assume thats the meaning


by JossoDee m

How disappointing for anyone between micros and high stakes(although it's probably gonna be just as bad for them once more details come out). Rake effectively doubles while rakeback is cut in half for anyone who is not a no life mega multitabeling maniac. To claim that rewarding that type at the cost of everyone else is good for the game or ecosystem is just beyond laughable. A

Curious your other options if you're in an unregulated state in the US? Clubwptgold has no RB and rake 650% higher than the industry standard.


https://coinpoker.com/rake/

Is this the old rake structure and yet to be updated or the recently mentioned itt new rake structure?


by TeddyD m

CP have just posted the following on "x"Over the past few weeks, we’ve been working on the next step for rewards on CoinPoker, with player input playing a key role in how we’ve built it. Your support on and off the tables has been overwhelming. Thank you for that.Today, we’re introducing CoinRewards, CoinPoker’s new rewards system.CoinRewards is designed with one clear goal in

I’ve read the full CoinRewards announcement, and while it’s well written, it feels extremely light on actual, verifiable information.

There are a lot of positive terms like “lowest effective rake” and “healthy ecosystem”, but no concrete numbers to support any of these claims. No clear rake %, no effective rake estimates, and no way for players to independently calculate their real return.

Instead of a transparent rakeback model, this looks like a combination of:

leaderboards (CoinRaces),
random distributions (Splash Pots),
and partial fixed rewards (Daily Rewards),

which makes the system significantly harder to audit from a player’s perspective.

From my own experience so far, these rewards do not appear to be “extra value” on top of rake, but rather a redistribution of it. If rewards are tied to generated rake, then the key question becomes what the real effective return actually is after all costs — and that is still unclear.

Another point that adds to the confusion is CoinPoker’s own wording around Coins. They explicitly state that Coins exclude a “convenience fee charged on the commission or rake”, yet there is no clear explanation of what this fee is, when it applies, or how it affects the total cost paid by the player.

If rewards are calculated based on Coins, but Coins exclude part of the actual cost, then “100% rewards” may not necessarily reflect 100% of what players are effectively paying.

I’m not saying the system is bad — but it is undeniably complex and vague. And in poker, especially at scale, simplicity and transparency matter.

If the goal is truly to offer one of the lowest effective rakes in the industry, then the best way to demonstrate that would be through clear, measurable data — not just well-worded descriptions.


Genuine question here as I’m getting all sorts of mixed messages. Thinking of grinding up a BR from 5nl again, currently on GG but the 100% rb is tempting.

A) Can UK players actually play? I’ve read about players getting banned?
B) I can find out about traffic for myself but if anyone has numbers on 2nl / 5nl that would be great.

Cheers.


by tiger24 m

huh? the micros 100% rakeback is only up to .05 big blind

Is that confirmed somewhere? I ask because the software considers up to .10 big blind as micro stakes.


by Ice_W0lf m

Is that confirmed somewhere? I ask because the software considers up to .10 big blind as micro stakes.

I asked the mods in discord and they told me up to .05, then I asked one of the ambassadors who also said .05
My original question was what is considered micros by coin so we know who gets 100% rakeback? They are horrible at giving details, you always have to ask


by tiger24 m

I asked the mods in discord and they told me up to .05, then I asked one of the ambassadors who also said .05
My original question was what is considered micros by coin so we know who gets 100% rakeback? They are horrible at giving details, you always have to ask

It will be for $5 buy-in tournaments and cash games, and lower, so yes up to 0.05 big blind.

The rakeback page on the site will be updated as soon as the March promotion ends, with all the details broken down clearly. More details on additional MTT rewards are also coming, there will be some extra value for tournament players on top of the 15%.


Please keep sharing your thoughts, suggestions, and concerns with us. We are listening closely, and your input will continue to shape how CoinRewards develops over time.

Gonna call bullshit on listening to players………

Oh wait infused splash pots, I stand corrected.

15% is a slap in the face

Seems the system is designed hide how much rake and rake back is being paid.

Hope you go broke.


by Love_the_game m

is coinpoker "rewards" = rakeback? So it will be a flat 15% rakeback daily?

by TeddyD m

Thats how im reading it yes, they could perhaps just say that though to be clearer but i assume thats the meaning

Correct. It will be called Instant Daily Rewards but yes it functions in the same way as the flat rakeback does at the moment, paid daily at approx. 07:00 - 08:00 UTC.


by Chk10x m

this looks like a combination of:leaderboards (CoinRaces),random distributions (Splash Pots),and partial fixed rewards (Daily Rewards),which makes the system significantly harder to audit from a player’s perspective.From my own experience so far, these rewards do not appear to be “extra value” on top of rake, but rather a redistribution of it. If rewards are t

Correct. The CoinRaces leaderboards now are increased in frequency - 2 hours - and size, now $1 million per week.

About 10x larger than before, as they were $15k per day before.

Then $500k in Splash Pots weekly, so $1.5M weekly plus 15% Instant Daily Rewards (with the same mechanism as the flat rakeback this month).

We understand some grinders won't like this, but we'd encourage players to try it out and measure how much effective rakeback they are getting now after these changes.


I've passed on the feedback here to the team and got back some info I can share:

- Only around 25% of the playerpool ever bought CHP to earn rakeback with. Recreational players did not tend to buy it. So the idea with now standardizing 15% across the entire playerpool automatically, and phasing out CHP, is that recs will now be rewarded more, which should in turn benefit pros as recs will be on the site for longer. We'll be analyzing that throughout April
- Same idea with 100% rewards at microstakes, the intention is this will have a net benefit on all players as more recs may move up in stakes
- We're confident that more players will receive more rewards, overall. Of course grinders have a right to be skeptical of this, that's why we had the leaderboards in place in the second half of March so players can get some idea of their own numbers and effective rewards, in advance, and why we gave out 100% rewards in March, ahead of these changes
- Traffic and FTDs are still trending up, overall, we're confident our changes are going to grow the site and benefit all players
- These changes to effective rakeback / rake aren't necessarily set in stone at this point, it's a fine-tuning process that will be worked on and reviewed again after April
- The rake has not doubled, the increase in the rake caps translates to around a 20-30% increase and is now more in line with other major poker sites, and part of that is returned through the $1.5M in weekly rewards
- PKOs are back now, and we'll be adding other games / variants in the coming days, e.g. Short Deck Poker


by Coin_poker m

I've passed on the feedback here to the team and got back some info I can share: - Only around 25% of the playerpool ever bought CHP to earn rakeback with. Recreational players did not tend to buy it. So the idea with now standardizing 15% across the entire playerpool automatically, and phasing out CHP, is that recs will now be rewarded more, which should in turn benefit pros a

The reason only 25% of the player base ever bought CHP was because no rec understood it. People were in discord daily asking for explanations on how it worked. It was one of the worst rakeback models in the history of online poker in terms of functionality and simplicity. If you are telling me that coin actually used that data then they might be some of the dumbest people alive


you might win a splash the pot but you also might not

you might win a leaderboard prize but you also might not

15% flat rate isn't going to cut it, not for me.......not with that rake cap increase


I'm happy to say after trying this site out that it kicks clubwptgold's ass, imo. The game quality isn't as good but literally everything else is better.


by Coin_poker m

Correct. The CoinRaces leaderboards now are increased in frequency - 2 hours - and size, now $1 million per week. About 10x larger than before, as they were $15k per day before.Then $500k in Splash Pots weekly, so $1.5M weekly plus 15% Instant Daily Rewards (with the same mechanism as the flat rakeback this month). We understand some grinders won't like this, but we'd encourage

I appreciate the additional details, but I still think the core issue remains unresolved.

There seems to be a clear imbalance in how things are presented. On one side, the increase in rake caps is described vaguely as “20–30%”, while on the other side rewards are presented as a precise and impressive figure of $1.5M per week. That makes it difficult to properly evaluate the trade-off.

I do agree that CoinRaces are now more frequent, which is a clear structural change. However, the headline amounts themselves are not yet very meaningful without proper context.

In the previous system, base rakeback was around 33% (with roughly 1.5% lost through CHP conversion), but the leaderboard structure allowed consistent grinders to reach around 60–70% effective rakeback monthly in a relatively stable and predictable way.

That is an important benchmark, because it shows that effective return was not just theoretical, but actually achievable in practice.

In contrast, the current system appears to rely on a combination of:

volume-based rewards (leaderboards),
random distributions (splash pots),
and a relatively small fixed component (daily rewards).

This makes the overall return harder to track, less predictable, and more dependent on variance and volume.

More importantly, larger headline numbers don’t necessarily translate into higher value for players. If rewards are funded, even partially, by increased rake, then this is not purely added value, but a redistribution of a larger cost base.

Another point that hasn’t been addressed is CoinPoker’s own wording regarding Coins. It is explicitly stated that Coins exclude a “convenience fee charged on the commission or rake”, yet there is no clear explanation of:

what this fee is,
when it applies,
how large it is,
or where it is reflected.

If rewards are calculated based on Coins, but Coins exclude part of the actual cost paid by players, then even something like “100% rewards” may not represent the full picture.

I’m not suggesting the system is necessarily bad, but it is clearly more complex, less transparent, and harder to audit than before.

At the end of the day, what matters is not the size of the rewards pool, but the real effective cost for players — and whether that cost is actually lower, higher, or simply redistributed in a less predictable way.


by acescracked84 m

I'm happy to say after trying this site out that it kicks clubwptgold's ass, imo. The game quality isn't as good but literally everything else is better.

Yes, without a question, but game quality is literally the only thing that matters as long as the software is functional enough. Nice software is great, whales playing 80% of hands is better. Coin would be wise to focus on marketing to the recs more like Gold has because no one wants to play on a site full of regs


Noticed another bug. If you hit sit out and next hand is bomb pot you won't sit out, this is on holdem with random bomb pots. Also I guess the first game when you are overlapping games will not pop back up even if it is much later or right after, initially thought it would only be if it happened simultaneously.



Just a scam platform at this point. 3 days to get a reply, when I finally do vague with zero reason or violation given. DO NOT KEEP a balance on this site they can rob you at will and you have ZERO recourse. They don’t follow the rules of the gaming authorities that issues their licenses. Just a bunch of Eastern European or probably Indian scammers at this point.


Weird about the micros if that's the case, generally speaking isn't everything everywhere else below 100nl (50nl and lower) considered micros? I feel confident that it's the case and if so its deceptive language on CP part.

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