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. Grant
Coin adds $ to the Splash Pots, so they are a form of rakeback, no?
It's a 0.1bb fee per pot then it's randomly redistributed, it's net zero sum so no one 'pays' for that part either.
Then on top of that Coin was adding over $2 million a month to the Splash Pots at the time (April).
But the Splashpot-rake doesn’t count towards total rake paid, aka «coins». Therefore the rakeback is incorrect if you don’t:
1) Manually add splashpot-rake to «Coins»
or
2) Manually remove all of the «rewards» gained through splashpots each month, before calculating rakeback%.
PLO4 mid (200-500), playing European afternoon, evening, and night until morning
april 37k hands 57% rakeback (inc. splash as rb, and splash fee as rake)
may 23k 54%
june 24k 53%
Winning after rb, pre rb? Just curious
I like that guy cumicon (not the real cumicon) who plays PLO4 too and wins pre rb
But the Splashpot-rake doesn’t count towards total rake paid, aka «coins». Therefore the rakeback is incorrect if you don’t:
1) Manually add splashpot-rake to «Coins»
or
2) Manually remove all of the «rewards» gained through splashpots each month, before calculating rakeback%.
Yes it needs to be calculated carefully, but it's still a form of rakeback
There's a guy pokerprinz who plays 200nl 6max, he posted in June that he won pre rb and again in July
Coin adds $ to the Splash Pots, so they are a form of rakeback, no?
It's a 0.1bb fee per pot then it's randomly redistributed, it's net zero sum so no one 'pays' for that part either.
Then on top of that Coin was adding over $2 million a month to the Splash Pots at the time (April).
Splash rake is always .1bb/h, so players in shorthanded games pay a higher bb/100 splash rake. Does the splash redistribution algorithm account for this?
Splash pots also need to be won to see a return, which not every player is equally doing relative to what they paid.
Zero sum to the player pool, perhaps (can this be verified?), not zero sum on a per player basis. It is likely there are players pay net additional rake as a result of splash.
Yes it needs to be calculated carefully, but it's still a form of rakebackThere's a guy pokerprinz who plays 200nl 6max, he posted in June that he won pre rb and again in July https://x.com/rektiss/status/20675914929...
That's like 16k hands combined in both graphs.
It’s just what he’s posted last 2 months. Your OP is about 20 players and a small sample too as you said yourself.
It’s just what he’s posted last 2 months. Your OP is about 20 players and a small sample too as you said yourself.
These are most hands played this year. There is a query I ran on the DB.
As you can see, the more hands played, the less winners there are. You can see the rake drag in the second one.
Someone else said they had a large DB of their own played hands and it yielded similar results. I am open to the hand histories being flawed, but I haven't seen any evidence that this is the case. Coin Poker has responded many times in this thread and hasn't really addressed the elephant in the room.
Since we are a little over half way in the year, it could be that the big winners just table select better and play way less hands than the volume players.
Thanks isn't that saying there's 71 winners in that particular DB of 405 players?
The ones not winning are those playing about 90k+ hands this year, in that DB, pre rb?
jspill stop posting.
does this site have no rakeback? The biggest winrate site ive ever played is also the site with the highest rake I ever paid. You have to calculated the effective rake your paying after rakeback. Showing non rakeback numbers like its a live vegas game is disingenuous. but if there's no meaningful rakeback fair enough. The rake alone without context is actually a meaningless number. (except for fish )
[QUOTE=8gameisfun;59354404]Apart from this being a total nonsense statement for obvious reasons I'm assuming no needs explained to them. What does this have to do with there being 0 winners at 200nl?
I actually do think that you need to explain what you're saying. You picked out his comment about # of hands played but didn't respond to the main point.
Your argument is that rake is too high for anyone to win? I don't really buy that. Does talent not count for anything?
I think because of talent and ambition, not rake, that talented players don't remain at one stake for that long, so there is a very strong "settling" effect where the players at a given stake are there precisely because they aren't succeeding at a strong enough rate, with rake, to move up.
If you are giving back so much rake, why rake so much to begin with? What's the point of engineering and building out a complex system like this instead of just offering lower rake to begin with?
Players tend to like the gamified feel of the CoinRaces leaderboards and the other play to earn style mechanics in CoinRewards. Plus it incentivizes playing and battling more, rather than bumhunters / ratholers - players with predatory behaviors are disincentivized. The players that are winning on your previous two screenshots will have lots of options to table select if players are chasing leaderboard prizes, or that next mega splash pot of 1000 bb. Sites that tried the low or zero rake approach, or high flat rakeback, have tended to be reg heavy rather than attracting recreational players.
A 1/2 plo player shared he's winning before rewards, in the main Coin thread yesterday.
Here's some late April feedback I gathered, including from our Discord and main CoinPoker thread.
does this site have no rakeback? The biggest winrate site ive ever played is also the site with the highest rake I ever paid. You have to calculated the effective rake your paying after rakeback. Showing non rakeback numbers like its a live vegas game is disingenuous. but if there's no meaningful rakeback fair enough. The rake alone without context is actually a meaningless n
Thanks. At microstakes we give back 100% of rake to players on Thursdays and at low to high stakes. At low to mid stakes it's the easy to place on leaderboards and other features that can add up to quite a high effective rewards %, some examples above. That amounts to over $7 million monthly in rewards. Then high stakes players earn flat rakeback through our Battle Rewards program.
splashpot is not a rakeback, you pay fee for it. Why do you post fake information?
because they know people calculate it wrong and think splash pots are form of rakeback, meanwhile they pay 2bb fee for it
Am I wrong to assume splash pots are just another trick by the house to increase rake being paid by forcing players to gamble a bit more over an increased pot, which they paid for in the first place?
I don't see them being good in any way for professionals. (I'm not one.)
A 1/2 plo player shared he's winning before rewards, in the main Coin thread yesterday.
Here's some late April feedback I gathered, including from our Discord and main CoinPoker thread.
Please keep enlightening us about the winners, maybe you can post also some PNLs of guys who bought some memecoin for 100$ and won millions
Since new soft, not sharing which exact games, but Mid lobby.
Please keep in mind (FACTS)
1) Un Certified RNG (they changed from provably fair to RNG and that RNG is uncertified for use by them)
2) They showed a Proof of Reserves to garner trust and Patrick Leonard stated it would always be on view - that got taken down and nobody knows as we stand today about the player funds situation- They will tell you “nobody else shows it” That’s irrelevant they through Leonard agreed to have it available it’s no longer on view
3) Predatory T+C’s that give them full rights to seize your funds if your playing Restricted Territory (USA, UK etc) - they could change those terms they refuse to do so - and they don’t need to be there indeed they hardened up those specific terms last year - make of that what you will
4) New Ownership with a chequered history - that’s all over on X @pokerbots1 or indeed PokerNews video “Should you be worried to play on this online poker site”
https://youtu.be/rphSvzCA7i4?is=HgeXIIHbb4iUINv9
5) “For the Player” marketing - there’s nothing for the player here - you firstly have to be good at the game BUT then you have to try and navigate this opaque ever changing rewards structure to “beat it” as well
6) If your worried about Bots they supposedly refunded circa 150k in February - I say supposedly because it was never published the player handles and amounts of those refunded nor the bot handles . This all happened just before the big push in March it had never happened before and there’s been no mention of bots since
Anyway that’s just some of it … make your own mind up . I don’t have the time to play forum tennis with Jspill/CoinPoker here check out the PokerNews video (nothing within that as far as I know has ever been addressed, so the position is the same today as it was then), join their discord, read what’s on X and listen to their Marketing BS. And then do as you please
Here's some late April feedback I gathered, including from our Discord and main CoinPoker thread.
I don't understand this. You are posting (presumably cherry picked) screenshots of people claiming wildly varying rates of rakeback.
When you post, under the official Coin Poker account, a screenshot of someone claiming 80% rakeback, are you suggesting that this is what is available to potential customers such as me?
If so, then shouldn't the guy you also reposted claiming that he gets only 50% be annoyed?
I'm not trying to have a go at you, I would love to start playing again on Coin, and I think its good to see sites trying different strategies.
But at the moment, I don't know what to believe and so I will keep playing on GG.
I have seen very reputable high stakes players post on Discord that Coin is unbeatable and no one should play there.
If they are wrong, then wouldn't it be in your best interests to explain why this is the case, with the numbers that you surely have access to, rather than posting a ton of contradictory screenshots which only make me trust your site less?
It is very shady of Coin to add all splashpot-winnings to the rewards in your wallet, and camouflaging it as rakeback, when it in reality is not.
In addition to this, there hasn’t been any signs of splashpot-rewards in «my transactions» in the wallet until recently. Therefore people have been misguided into thinking that the rakeback% have been much higher than what it actually is, until doing the math themselves:
Total rewards - 15% flat rakeback - total Coinraces rewards = Splashpot rewards
Total rewards - Splashpot rewards = Total rakeback
Total pot ₮5.40 | Rake ₮0.27 | Splash Fee ₮0.10
breh, kinda dishonest. Coinpoker you needa make it possible to see how much money we are spending on splashpot fee.
It’s just what he’s posted last 2 months. Your OP is about 20 players and a small sample too as you said yourself.
Dont be clueless
You posted a 50k, 11k and 5k player hand sample
He posted 24 players with a total of roughly 4 million hands !! (over which the avg winrate was -7.43)
4 million isnt a small sample and carries way more weight than a 66k winning hand sample
Looks like post-rakeback there are many big winners.
It's a very similar situation to GGPoker, i don't see the problem
