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

@Coin-poker:

Now that I let out my venom regarding the increased rake caps and vague rewards system I’d like to retrace and try and get some clarifications rather than bashing publicly the site that potentially can become the best option for most players.

IMO you urgently need to clearly present the figures of your rewards program not in the form of headline numbers but in terms of exact percentages of collected rake going to specific forms of rewards. Your headline numbers mean nothing without relating them to the amount of rake paid and collected. It has to be easy for every player to know what rake back percentage they will be getting if they put in this or that amount of volume so everyone knows their effective rake.

There are a lot of things that you guys are doing very well and I really hope that all the wrinkles get ironed out so Coinpoker can indeed become a global poker hub where the players feel welcomed.

Could you help me with the following questions:

After the end of the 100% rakeback promotion, is Coinpoker still a good option for continuing to play cash games? The software is very good, but I'm wondering if the rake is comparable to most other sites, etc...

My second question is about my CHPs that were locked since the beginning of the promotion and have disappeared or are somewhere I can't find. Can someone explain what will happen to them?

What about the CHP? I don't see it in my wallet anymore and I dont see any bonus either. Do we have to do something?

That's how the wins / losses of two players battling in a heads-up match look like nowadays.

I think that's exaggerate, a minima of 20bb/100+ of rake at nl500.

There won't be any reg battles. The lobby will just be full of bumhunter waiting for massive whales.

I am creating a poll to get players' opinion, feel free to participate.

https://linkto.run/p/T795NFVT

ive paid 20bb rake so far today

same my CHP just mysteriously disappeared and there is no bonus to unlock like they said

Is coin still honoring affiliate rake back? I have not received my rewards from last month.

965 in CHP gone, where is this bonus they speak of?

Good post and fair points, i currently am playing daily on CP and will see what reality is but at min does indeed feel like im playing for just 15% RB with occasional splash pot and even then its not clear how this works. Gonna give it a week or so and see how numbers add up.

I like many people hoped this new version of Coin Poker would be a place worth adding, but high rake, high rake caps, lower 15% rb and relying on random splash pots and leader boards I will never qualify for as the core reward make this site a no go for me as is. I am in let them fail mode hoping weeks, months or years from now Coin Poker 3.0 will be worth playing.

What a clown show. Rep hasn't posted in here in 3 full days too...

The rep is an embarrassment.

The site is an embarrassment.

My chp all gone too. I’m done with this shambles of a site.

I just played a 4.25 hr sesh.

I got leaderboard rewards frok 3 leaderboards....totalling about 275usd.

However in my rewards i can claim 435 usd... where is extra 150 coming from? I claimed rewards before the session also...so balance there was 0.

I won like 4 or 5 splash pots..is that it?

Damn, not looking like a bright future here right now.

That's wild if all the CHP for everyone just disappeared.

So being in NYS, what are my options, just ACR and BoL?

This site is more than fine. Considering playing on ACR or BOL over this is insane.

I think the money you got for being dealt in the hand may go into that rewards pot

what sort of rake bb/100 you gotten today?

you didnt pay any rake last month so your affiliate would not have received any rb from Coin, thus there is no reward to pay you

Huge AF.

1/2 nlhe hu 20bb/100. Not really worth it unless place near top of leaderboards.

Who is responsible for these rake changes!?

No the payout for rake from the month prior, February. The reports are always a month behind.

I'm missing 7200 CHP now as well. What's the deal?

CoinPoker just took a decent promo and turned it into an absolute mess – time to fire the marketing team? (Or off with their heads)

They had a genuinely good idea with the 100% rakeback promo for March. It was straightforward, attractive, and clearly designed to bring in new players who weren’t on the site before and get them playing.
Then someone decided to be too clever. They split the second half of March so it wasn’t actual rakeback at all – just some pooled rewards and other stuff. Ambassadors hyped it anyway, with videos making light of “giving the rake back” while knowing full well what traditional rakeback means and in the end they had to capitulate when the pushback got too much and do what they should of done (and marketed) from the outset.
And then, right after, from April 1 they increased the rake caps in many spots and tried to tarp it all up with the new CoinRewards system – 15% guaranteed (down from the old 33%), extra splash fees on top, RNG variance, and big flashy claims about $1M races + $500k they say they’re adding to splash pots.
In my view, the whole thing has been an absolute mess. They started with something that could have built real goodwill and player loyalty, especially for attracting fresh blood, and then fucked around with it in a way that feels disingenuous and borderline insulting. It’s also disingenuous how CoinPoker lately seems to want to lump any kind of promo they add into “rakeback” — they’re redefining the term arbitrarily.
Its simple…..The rakeback is 15% end off - they have leaderboards and splash pots and those are different promos - if they really were leaving everyone across the board with an unbeatable “rakeback” deal of 35% or more with the inclusion of all of these (CHP was 33% and additional promos ARE NOT RAKEBACK) they’d just of done it - nope it’s a way to disguise figures and treat you like your a mug and that’s no way to build in this sphere
Lumping non-rakeback promos into “rakeback” talk, redefining terms arbitrarily, and burying the net changes under hype – it’s the kind of move that treats players like they’re stupid. I very much doubt this will bring much long term gain - some marketing “geniuses” will be clapping their own backs all month with increased activity on the site but let’s see how it plays out over the coming weeks and months - just trying to be way too clever by far
This lies squarely at the feet of the head of marketing (or whoever signed off on it higher up). They took a solid promo and turned it into a joke. No wonder there’s frustration in the community.
CoinPoker has been around quite a while now (2018) and in that time they didn’t become a major player - there’s a push on now (and I’m not sure everybody and their dog wearing an ambassadors badge is anything innovative, someone just got a marketing budget and went to town) and that 100% March Rakeback with new software would of been a great “relaunch” but they have made an absolute dogs dinner out of it

The only thing that matters is effective rake. Leaderboards absolutely count as rakeback. I just played a block and got like 50th on the leaderboard for ~33% RB. Add the base 15 on top and we're approaching 50% RB.

With that said, the rake is SUPER high now (I mixed 100 and 200) and you're probably looking at anywhere from 10-15 bb/100 rake at midstakes. My understanding is the splash pot fee is an additional fee on top of rake (perhaps someone from Coin can clarify) so it's not fair to really classify that as rakeback (should theoretically be ~0EV, a little +EV if you have an idea what you're doing in these pots).

You can add some rakeback from the $500k that goes towards the 'Infused Splash Pot' promo (since that is from money that gets added to the splash pot pool by Coin) but that doesn't feel like more than a few %'s, I assume.

I really think some base rakeback + 2-hour leaderboards + splash pots (and bomb pots?) has appeal to recreationals but agree Coin's execution has been flawed. I get the impression the rakeback promo in March was their attempt at a shortcut, to draw people to the site in the belief that just getting people on there and depositing would make it infinitely more likely to retain. But in this ecosystem, players are too smart to keep playing games they're getting raked out the ass in if there aren't enough fun players around to sustain the model (which there currently is not).

Realistically, as structured, they're going to have to crank up the rakeback in the short-medium term to acquire the liquidity they seek.

What is the splash pot fee and how does that work? is it taken every hand alongside the rake?

So do we pay for regular splash pots and then mega splash pots are funded by coin?

- leaderboard money
- splash pot money for being dealt in
- splash pot money for winning the pot
- flat rb

does this all go into the 'rewards' pot that needs to be manually claimed? or does any of it go straight into your poker balance?