No one is winning at 200nl on CoinPoker
This has datamined hands for this year at 200nl. Not a single pre-rb winner at 200nl with any significant volume. Granted, this is a relatively small sample, but worse than GG.
Post rakeback is hard to calculate, but this is pretty bad.
This is what high rake and some of the highest rake caps looks like.
Wow that’s crazy! I was considering putting volume on coin when I travel overseas. So there are no winners in the reg pool? What’s the rb% on coin?
Looked at all the active NL200 tables, in most of them same guys playing against each other, many had all regs, some had 5 regs and average 30-40vpip rec.
You can't expect to win anywhere pre rb with poor table select, though I assume they don't care about that and are just grinding rb.
Now its its own thread
But in the CP discussion thread many have accused CP of becoming just a new smaller GG type of site
They reassured us this is not happening (it was)
Players were worried about the rake increases
They reassured us this is not a big deal (it apparently is)
To prove that OP just showed the mined results eerie similar to that of GG volume players who cant win because of high rake.
Seems quite relevant to the CP discussion that was going on in there
Are these topic made into seperate thread and taken out of the CoinPoker thread on request from OP or on request from CoinPoker?
If its the latter I find that quite sketchy.
Now its its own threadBut in the CP discussion thread many have accused CP of becoming just a new smaller GG type of siteThey reassured us this is not happening (it was)Players were worried about the rake increasesThey reassured us this is not a big deal (it apparently is)To prove that OP just showed the mined results eerie similar to that of GG volume players who cant win beca
I posted it in NVG, but it got moved here. I also posted in the main Coin thread. I like coin, the player pool is soft, and the software update has been great. With that said, this rake is predatory and unsustainable. Regs might grind out a post rakeback profit, but fun players are being sliced and diced from both ends. Eventually, this will lead to players leaving.
After coin increased the rake dramatically, they also increased rewards. Since then, they have decreased the rewards and I suspect there are few players who are profitable post rakeback.
It's important enough to have its own thread, if the figures are correct and from a reliable source. One of the posts remains in the main thread with a link to this pre-existing thread.
The CoinPoker Official Thread is obviously for questions, suggestions, answers and responses. It's not really for discussion between players, and this might be a lengthy discussion.
I'll PM their Rep, now, to ensure he is fully aware of this thread.
It's important enough to have its own thread, if the figures are correct and from a reliable source. One of the posts remains in the main thread with a link to this pre-existing thread. The CoinPoker Official Thread is obviously for questions, suggestions, answers and responses. It's not really for discussion between players, and this might be a lengthy discussion. I'll PM thei
Thanks yes we're aware of this thread now and subscribed.
I could be wrong but it I thought it was all the datamined hands 200nl this year imported in a tracker (one I do not recognize though)
Not sure about this but on the top name it says "alias"
I've never seen that on a tracking site but I have seen it in trackers
They were purchased from a HH vendor that advertises on 2+2. I checked against my own small sample and it seemed fairly accurate. The sample is around 3.4 million hands.
This seems pretty normal.
I’m not sure what the exact rake/100 is, but at PLO4 it looks like it’s around **22bb/100**. If someone is getting roughly **60% rakeback** through races, missions, etc., that’s about **13–14bb/100** coming back.
So a player who is **-7bb/100 before rewards** is actually winning around **+6 to +7bb/100 after rewards**.
The bigger issue is that Coin is still changing the rewards system. Winners are probably going to receive less than 60% going forward, while losing/recreational players may receive more.
For example, a player losing **-18bb/100** could eventually get something like **80% rakeback**. If rake is 22bb/100, that’s around **17.5bb/100 back**, which makes that player close to breakeven, maybe around **-1bb/100 after rewards**.
Meanwhile, a winning player who used to get 60% might only get **20%**, which is only about **4–5bb/100 back**. So the current **+7bb/100 post-rewards winner** could get pushed much closer to breakeven, while the big losing player gets pulled much closer to breakeven too.
That seems to be the direction they’re moving: less reward for winners, more rewards for losing/recreational volume. This is how the business works gentlemen.
It might be "normal" if you compare those numbers to GG
The site they vowed to not become
Dont be surprised if next month they slice rakeback or increase rake again
They were purchased from a HH vendor that advertises on 2+2. I checked against my own small sample and it seemed fairly accurate. The sample is around 3.4 million hands.
Which vendor, it should be public info if we're being expected to believe it
https://forumserver.twoplustwo.com/167/p...
They post on here and are like the #1 google search. Notice that the coinpoker rep hasn’t even refuted the information I provided. I wouldn’t bet my life that the data is 100% accurate, but I suspect that it is squarely within the ball park.
Post rb is the number that matters the most.
It was obvious when they changed the rake and rakeback system since Apr, that they want flexibility to change their promotions around.
Some said the rakeback was around 80%? When I heard that, I was sure they would soon dilute the rakeback. For such a site that is spending so much on marketing, its delusional to expect them to prolong these rakeback system for so long.
I just hope that when things are settled, Coin would keep the “online poker dream” alive, which from my perspective, is to allow top 5% players from NL100+ to beat the game with a winrate of 2-8BB/100 post rakeback.
He's more worried about where it came from, pretty sad, but that rake is insane, and it seems every stake level you go up considerably less recreationals.
He's more worried about where it came from, pretty sad, but that rake is insane, and it seems every stake level you go up considerably less recreationals.
I’ve posted the source, which I’ve found to be reliable in the past. I’d love to be proven wrong and have Coin show me a couple of winning 200nl regs who have put in significant volume this year. Having only 2 winning regs in the pool will still be sad, but at least show it’s possible.
The rakeback system, especially the new one with missions and what not are designed to obscure the amount of rakeback you receive. I believe this is intentional, but I could be wrong.
I’m not a coin hater. I love the improvements they’ve made and understand they need to be a viable business, but there’s a balance and I think they went too far.
lol you dont believe it?
I for one dont believe CP wont slash rb% in the near future and screw everybody over
If you weren't planning on doing so it should be public info right?
Just face it, you've become GG's baby brother
Yup thats why the top 25 volume players on 200NL are all losers...
Because of the better games
