Coinpoker Review 2024

CoinPoker, the world's largest cryptocurrency poker site, provides games in USDT and in its own currency, CHP (used only for rake and rakeback). The poker room was launched in early 2018 and was co-founded by the famous Tony G. It is operated by Precise IG Solutions B.V., which holds a Curaçao e-gaming licence. In this detailed review, we will examine the most important things about the poker room. We will focus on answering the main question: is CoinPoker safe for players? We will also look at the rakeback and rake structure, RNG, deposit and withdrawal options, and available games.

coinpoker-review

What is CoinPoker?

"CoinPoker is a cryptocurrency-powered poker platform based on blockchain technology. It is known for being the first to launch online poker tournaments using the Ethereum currency.

It also has its own token called CHP (CoinPoker Token), which players can use to place bets and receive payouts in poker games on this platform.

Pros and Cons of Playing at CoinPoker

✅ Benefits❌ Disadvantages
Play USDT to avoid fluctuations
Limited payment options in certain regions
Large 33% rakeback
Charges for cash withdrawals
Latest software
Withdrawals only to private wallets (not to CEX)
High reputation and securityRakeback is only available if you have CHP on
Mobile apps for iOS and Android devicesFor cryptocurrency users only
Convenient and responsive customer serviceLower player traffic compared to traditional poker sites
Global accessibility without geographical restrictions

Choice of games

Bets and limits: CoinPoker caters for a wide range of players, with stakes starting from a few CHPs (local 'CoinPoker' chips) to high stakes games. This variety ensures that both casual players and high stakes players will find suitable games.

Flow of players: Although the player base is smaller compared to traditional fiat poker sites, CoinPoker's traffic is steadily increasing, especially during peak hours when tournaments attract larger audiences.

Texas Hold'em

Texas Hold'em, also known as "the Cadillac of poker", is by far the most played poker game in the world. Here, each player is dealt two cards and then combines them with five community cards to form the best five-card hand.

More about poker combinations can be found in our article.

Omaha

Omaha, usually played in pot-limit format, is a game where you are dealt four hole cards. To make the strongest possible five-card hand, you need to combine exactly two of these cards with exactly three of the five community cards.

While PLO is a favourite style of Omaha, it is also often played as a high-level split game called PLO8.

In the case of PLO8, the 'O' in H.O.R.S.E., half the pot goes to the highest high hand and the other half goes to the best unpaired five-card low hand. This only happens when all five cards are eight or less.

PLO5

PLO5 is a cousin of PLO (also known as PLO4 in some circles), but here you are given more cards of your own.

This means that pre-flop ties are even tighter. You will have to make the right decision and fold some hands with pocket aces.

If you think PLO5 is crazy, there are also PLO6 and above, but CoinPoker can only play up to PLO5.

Cosmic Spins

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Cosmic Spins is CoinPoker's version of Jackpot Poker. It's a fast-paced tournament, usually with three players, that starts with a small buy-in.

Total "Cosmic Spins"There are eight buy-in levels: ₮0.25, ₮1, ₮3, ₮5, ₮10, ₮25, ₮50 and finally ₮100.

The reel is spun before each tournament. The winner is awarded a prize, which can be anything from 2x to 1000x your buy-in.

CoinPoker has daily Cosmic Spins Leaderboards, where each day the top 10 players in the low (₮0.25-₮5) and high (₮10-₮100) tiers are eligible to receive ₮500 Cosmic Spins Tickets.

It is important to note that players who settle their winnings with a CHP - a special CoinPoker ERC-20 chip - will receive an additional 50 % Leaderboard points.

"CoinPoker Sunday tournament offers

Sunday CoinPoker tournaments are some of the biggest on the market, securing around ₮700,000 each weekend.

Of course, at a time when they are organising various annual series, these assurances can seem even more tempting.

The biggest guarantees are:

coinpoker-sunday-tournaments
  • ₮ 5000 PLO Tycoon, ₮ $200 000 GTD
  • ₮5 000 Nemesis, ₮150 000 GTD
  • ₮1,000 Falcon, ₮150,000 GTD
  • ₮1 000 PLO Eclipse, ₮100 000 GTD
  • ₮200 Sunday Special, ₮40 000 GTD

Software and user experience

Platform compatibility: CoinPoker is available for use on both PCs and mobile devices that support Windows, Mac, iOS and Android. The software is optimised to run seamlessly across all platforms, ensuring that players can enjoy a seamless experience both at home and on the go.

Interface and navigation: The platform features an elegant and modern interface that is intuitive and easy to use. Players can quickly find their favourite games and use the various features without much hassle.

Graphics and sound: CoinPoker offers high-quality graphics and sound effects that enhance the playing experience. The clean design and adaptive layout make it easy for players to stay engaged.

Mobile app

With this app, you can enjoy poker whenever you want, wherever you want. "The CoinPoker mobile app for iOS and Android devices can be purchased by visiting their website or the respective app stores.

coinpoker-mobile-app

Once it's installed on your phone or tablet, you can start playing right away!

Setup is quick and easy, and once you're logged in, you can use all the features of the platform.

How do I install the CoinPoker mobile app?

  • Open your preferred mobile browser and go to here.
  • Choose the device option you're using - iOS or Android.
  • Click on the download link and follow the instructions for installing the app.
  • Once installed, proceed to sign in and start playing poker on your phone.

CoinPoker Rakeback, Rake and Bonus

CoinPoker Rake: CoinPoker's rake structure is competitive, generally less than traditional poker sites. In cash games, depending on the stakes, the payout usually ranges from 3 % to 5 %.

Coinpoker Rakeback: CoinPoker offers an attractive 'rakeback' programme where players can earn up to 33 % on their 'rake' CHP. This rakeback is credited directly to players' accounts, providing significant value through regular play.

coinpoker-rakeback

Regular promotions: CoinPoker offers various regular promotions such as:

  • Leaderboards: Weekly and monthly leaderboards with big CHP prizes.
  • Rake Races: A competition to reward the most active players.
  • Special events: Frequent special events related to major poker series or cryptocurrency-related milestones.

Welcome Award: New CoinPoker players can take advantage of the generous welcome prizewhich usually includes a CHP matching deposit and free tournament tickets.

coinpoker-welcome-bonus

Payment Options at CoinPoker

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Contribution methods: CoinPoker supports deposits in cryptocurrency, mainly CHP, Bitcoin (BTC) and Ethereum (ETH).

Withdrawal methods: Withdrawals are also made in cryptocurrencies and processing times are usually fast, within 24 hours.

Taxes and restrictions: The use of blockchain technology keeps transaction fees to a minimum and there are no high withdrawal limits, making it convenient for high-stakes players.

Security and integrity

Licensing and regulation: CoinPoker operates under Curacao Gaming Authority licence, ensuring compliance with international gambling standards.

Security measures: The platform uses advanced blockchain technology to ensure the security of all transactions and game results. This ensures that every hand is transparent and verifiable, reducing the risk of fraud or cheating.

Fair play: Blockchain used by CoinPoker RNG (random number generation) ensures that all games are fair and that results cannot be manipulated, giving players peace of mind.

coinpoker-rng-legit

Customer service

Means of transport: CoinPoker customer support services are available:

History and background

Establishment and development: CoinPoker was launched in 2017 with the introduction of blockchain technology in online poker. It was designed to offer a more transparent and secure poker environment, using cryptocurrencies for all transactions.

Reputation: CoinPoker has gained a good reputation among cryptocurrency enthusiasts and poker players. It is known for its commitment to fairness and transparency and all game results can be verified on the blockchain.

Tony G wins a record $7.75 million pot on CoinPoker

Tony G wins a record $7.75 million online poker pot on CoinPoker. The hand was played using Tether (USDT), a stablecoin pegged to the US dollar, making it one of the largest pots in online poker history.

This win has sparked debate in the poker community about the authenticity and significance of such a huge pot, but it has been confirmed that Tony G has indeed won a historic victory.

Conclusion

"CoinPoker offers a unique and innovative approach to online poker, combining the excitement of the game with the benefits of blockchain technology. The platform is ideal for cryptocurrency enthusiasts and poker players looking for a secure and transparent environment.

With a wide variety of games, a competitive rake structure and generous promotions, CoinPoker stands out as a top choice for players who prefer to transact in cryptocurrencies.

Final verdict: If you are comfortable with cryptocurrencies and are looking for a cutting-edge poker platform, CoinPoker is a great choice. CoinPoker's commitment to integrity, security and player rewards makes it unique in the online poker industry.

D.U.K CoinPoker

Is CoinPoker safe?

Yes, CoinPoker is a secure platform that uses blockchain technology to ensure transparency and integrity.

What games can I play at CoinPoker?

You can play Texas Hold'em, Omaha, Short Deck and various tournaments.

How can I deposit money at CoinPoker?

The site supports cryptocurrency deposits, primarily CHP, Bitcoin and Ethereum.