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

8gameisfun and Transparency

You are really reaching and desperately trying to cling to everything you can.

Like the non issue with their software vulnerabilities. You site Caitlin Comeskey's tweets for example but fail to note that she herself said that those concerns where fully debunked and praised the Coinpoker team for swiftly replying to those concerns.

It's becoming completely obvious that you're here to cause FUD and you want it dominate this thread through the ridiculous and obnoxious walls of text you're posting.

I agree that they completely botched their communications regarding their rewards. As you can see from my post in this thread I also was very concerned in exactly the same way that you are. However, after playing there since their new reward system has been implemented I can empirically see that their rewards add up to 50-60% as also noted by others. That makes the effective rake just below Stars while you're getting a global player pool. While ideally the rake would still be lower I am quite ok with it for now.

And I'm willing to give them some transitional slack to improve their transparency.

I've been around 20+ years myself fwiw.

I appreciate this exchange and I'm now bowing out of it, gl.

JossoDee

" But to say there was never a problem & call for me to apologize is not something I'm gonna take lying down" That's a direct quote from Caitlin please provide the one where "she herself said that those concerns were fully debunked" because the quote I've given you was after the furore and seems totally at odds with your (unquoted) version
And I'm not clinging onto anything I provided 11 points of concern that tarnished them (and none need have occurred hence the frustration) you've replied to one and I have no recollection of her saying anything of the sort but I'm happy if I've missed it for you to provide - because I do sense clinging but just not from my side

https://x.com/caitlincomeskey/status/2028872914980815189?s=46&t=yG2RWDkio4ja959Nm7wWiw

Yes I see it - I think you have used some artistic licence with your quoting of her but sure it’s there in the screenshot

I’m writing to get some clear answers on a couple of issues that are becoming quite frustrating for the community:

External HUDs: We’ve been waiting for a definitive stance on this. Is there an actual decision coming soon regarding the use of external HUDs? The lack of clarity is starting to affect the player experience.

Outrageous EV Cashout Fees: Frankly, the 3% fee for EV Cashout is hard to justify. Compared to almost every other major room, this rate is massively overpriced and feels like an unnecessary tax on the players. Why is it so much higher than the industry standard, and do you have any immediate plans to reduce it? At its current state, it’s honestly discouraging to use.Looking forward to a transparent response.

Other major networks like iPoker offer All-in Cashout at 0% fee, proving that it's a sustainable feature that benefits the ecosystem without draining the players' bankrolls. In comparison, CoinPoker’s 3% fee feels like a pure cash grab. Why should we pay such a massive premium for a service that others provide for free?

Even your own website's example is confusing. The formula provided: [(Pot size – Total Rake) x Equity] x (1 - Fee) with a 3% fee results in $829.35, yet you claim the player gets $837.90. Where does this discrepancy come from? Is the fee applied to the total equity or just the profit? Either way, 3% is an industry-leading high that needs justification.

Regards.

Hi one additional fix - satellites should remain hand-for-hand after ITM but before the seats are awarded. Example - prize pool is 15 seats into a $530 but 16th gets $280 - - we go hand for hand with 18 people left, but then once the $ bubble bursts and 16 are left we are no longer hand for hand, which encourages max stalling. Should be an easy fix.

is there no feature in the new software to rotate your seating position?

I wouldn't dare add a hud when I'm playing as the software seems to be struggling with 5 or 6 tables already.

anyone figure out how much we are paying into the splash pot? Is it every hand or what?

Can anyone tell me if Coinpoker is the best option in terms of rake and rakeback for playing low PLO5 and mid-stakes? I'm really a novice when it comes to understanding rake and rakeback, and it's a bit more complicated on Coinpoker due to the new promotions.

Splash fee is 0.1bb, a tenth of a big blind, per hand

Taken each hand, then there's the zero sum redistribution of that to players, plus Coin adds in $500k weekly to the redistribution

@TheTender31 @Love_the_game

Today's update v1.0.42 optimizes CPU usage for multitabling - hopefully you guys see an improvement there.

Is it 0.1bb per player or total per pot? Are the rules for eligible hands just "every postflop hand" or do some preflop hands count as well?

Total per pot. All hands count.

3 simple questions, hopefully can get some good feedback on

1) Credit card deposits
How much are the fees, FX rates and does it show up as cash advacnce on the credit card statement?

2) I travel alot and just carry my tiny Old Chromebook around usually. Wasn't able to install the software.
What should I do? Download the app and play from the app?

3) Any plans to add 8max or 9max with ante and 200bb buy in?

In my opinion 200bb would be bad for the game, maybe at higher stakes, where buyins for many are in limited supply. Also think it makes the games more nitty, interesting to see what other people think. As for bigger games I did like the 7 max format, definitely no more then 8 for sure. You can't please everyone that's for sure. Everyone wanted 6 max when they only had 7handed.

I play live mostly and online is for practice mainly. Lots of others feel that as well, (live players) we want something more similar to live games.
100bb, 6max online is so so technical. Can't compete with excellent fundamentally sound online players.

GG has 8max with 200bb buyin ante games, those are fun.

Hi Coin_Poker, did you see my post? I think there is a confussion regarding EV Cashout Fee, in webpage you mention 3%, but applying Coinpoker calculation it would be 2% instead of 3%.
Could you clarify this point? Thanks in advance.

There's videos on youtube explaining how to install apks not from google play store onto Chromebooks. Maybe try that. It will be the android app mobile version not desktop app for windows though. Probably can run windows on a chromebook as well?

Yes I was waiting for them to change the page, it now says $829.35. It is 3%. Thanks. It's a brand new optional feature, if players dislike it it may be changed, I'd say send in an email about it, the more emails the more likely it is to be changed. I'll also pass it on. To your other point, a stance on HUDs should be coming soon yes. If they get restricted you'll have plenty of advance warning and there won't be retroactive consequences or anything like that. For the time being, as announced last month ITT, there's no restriction.

I'll grab some examples from our Discord from players as to what effective % they've been getting back the first week of April, and post them ITT.

This could depend on the credit card, it's best to use USDT if you can, there's a conversion fee with anything other than USDT, and withdrawals are in USDT so you'll need some kind of crypto wallet anyway at the moment. Luxon withdrawals are coming, although for those the deposit will also need to be via Luxon.

I've heard the first priority is spins, then fast fold poker, then I haven't heard of 8 / 9 max plans - I doubt it as Coin have always worried about impacting the liquidity in the other ring games with that kind of thing, that was the reason they didn't have both 6 and 7 max before.

Thanks for the clarification and the quick response, @Coin_Rep.

Regarding the EV Cashout fee, I’ve taken your advice and already sent an email to support expressing my concerns. I truly believe that a 3% fee is counterproductive for both the players and the room's revenue in the long run.

For anyone else who feels the same and wants to help push for a fairer rate (closer to the 0%-1% industry standard), here is the full template I used. Feel free to copy and send it to their support:

Subject: Feedback on the new EV Cashout feature – 3% fee is unsustainable

Dear CoinPoker Support Team / Management,

I am writing to express my strong concern regarding the recently implemented 3% fee on the EV Cashout feature.

While the community appreciates the addition of new tools to manage variance, a 3% commission is, frankly, abusive and well above industry standards. To put this in perspective, major competitors like iPoker offer All-in Cashout at a 0% fee, proving that it can be a sustainable feature that benefits the ecosystem without draining the players' bankrolls.

I want to be very clear: I, along with many other regular players and high-volume grinders, will not use this feature under its current terms. At 3%, the cost is so high that it becomes mathematically detrimental to our long-term strategy, rendering the tool useless for its intended purpose.

However, I believe there is a win-win opportunity here:

-Increased Revenue: If you lower the fee to a competitive rate (such as 1% or less), the volume of players using the feature will skyrocket. Currently, you are earning 3% of almost nothing; with a fair fee, you would earn a smaller percentage of a much larger pool of transactions.

-Brand Image: CoinPoker has always been seen as a player-centric room. Maintaining an "industry-leading" high fee like this harms your reputation and pushes regulars toward other networks.

We strongly urge you to reconsider this fee structure. We want to use the feature, but we cannot justify it at the current price point.Looking forward to seeing a positive change for the community.

Best regards,

[Your Nickname]

dude you complain too much. Coin is one of the best sites we have in the US and I am grateful they are constantly trying to improve the user experience.

The best site in the US actually. Not even close really.

Is it just me or is it lagging even more after the latest update?