CoinPoker Review: The Best & Biggest Crypto Poker Site
8 minutes
Last Updated: August 20, 2024
Founded in 2017, CoinPoker was created by a group of poker enthusiasts and has grown into the largest cryptocurrency-based poker site.
CoinPoker accepts players from all over the world, offering quality software, rich selection of cash games and tournaments played in USDT, provably fair tables, and much more. In many ways, it is an online poker site of the future. Check it out yourself!
In this extensive CoinPoker review, we bring you all the details about the welcome bonus, various rewards and promotions, games on offer, and much more. If you’ve been wondering whether this is the right site for you, you’ll find all your answers inside.
CoinPoker Pros
- Big welcome bonus of up to $2,000
- Soft & action-packed games
- 33% rakeback for all players
- Generous rewards thanks to the Community Contributions model
- Provably fair games
- Run It Twice & Straddles
CoinPoker Welcome Bonus: Get up to $2,000
This room offers a massive welcome bonus of 150% up to $2,000. CoinPoker will match and boost your first deposit by an additional 50%, giving you up to $2,000 in extra funds you can use at the tables.
The minimum deposit required to trigger the welcome offer is just $10, which will grant you $15 in bonus funds. Like with most online poker sites, the bonus releases in chunks as you play real-money ring games and tournaments and generate rake.
To release the CoinPoker welcome bonus, you’ll need to generate two times the bonus amount in rake. So, in the above example, you’ll have to pay a total of $30 in rake to release the full amount.
The good news is that the bonus is released in 10% installments. Thus, every time you generate 10% of the required rake, 10% of the bonus goes to your cash account without any further restrictions.
You’ll have 30 days to complete the bonus, but if you don’t release all installments within that timeframe, you’ll still keep any money released up to that point. However, once 30 days expire, you’ll no longer be able to unlock any additional chunks.
CoinPoker Rake & Rakeback
The welcome bonus is just the tip of the iceberg at CoinPoker. Existing players get to enjoy many generous rewards, including a nice rakeback deal available to everyone.
CoinPoker features 33% rakeback, which is paid weekly into your account, using their own cryptocurrency called CHP. We explain more about how this works in the banking section, but it is completely legitimate – it just can be a bit confusing if you’re new to crypto gaming.
The room is also transparent about the system it uses to calculate your rake contributions and corresponding rakeback. CoinPoker utilizes the contributed rake model, where the calculation is based on the amount you put into every individual pot.
It is important to mention that CoinPoker uses the Community Contributions system, which charges 5% rake across all cash game tables and 8% for tournaments. However, all that money is reinvested into the platform in one way or another, with only a very small amount kept by the operator.
This means that CoinPoker returns most of the rake to the players via rakeback, various promotions, and leaderboards, which helps the operator stand out from most other sites.
CoinPoker Promotions
In addition to the regular rakeback, CoinPoker also features a variety of promotions. Like most sites, these change occasionally, but the ones currently running should give you a good idea of what to expect.
Daily Cash Game Leaderboards
There are daily leaderboards for both Hold’em and Pot Limit Omaha cash games. Each leaderboard features USTD 1,000 ($1,000) in prizes, awarded to the top 15 finishers.
The position on the leaderboard is determined by the number of big blinds posted by the player, with more points awarded in higher-stakes games (ranging from 1 point in NL2 to 36 points in NL100+).
Monthly Tournament Leaderboards
For tournament players, there is a monthly leaderboard featuring $15,000 in prizes. The leaderboard calculates points based on several factors (buy-ins, number of players, and finishing positions) and rewards the top 150 finishers.
The leaderboard winnings are paid in cash and tournament tickets. The monthly winner receives $1,000 in cash and another $1,100 worth of MTT tickets.
Bad Beat Jackpot
CoinPoker also offers Bad Beat Jackpot across all stakes. At these tables, when at least three players are dealt in a hand, and a very strong hand loses to an even stronger one, everyone seated at the table gets a share of the jackpot.
The jackpot is accumulated from Community Contributions (rake), as 2.5% of all contributions goes towards the jackpot. All stakes share the same jackpot, but the percentage of the jackpot paid once the qualifying bad beat happens depends on the stakes, namely:
| Game Type | Stakes | Jackpot Percentage |
| NLH | $0.02/$0.05 | 2.5% |
| PLO | $0.02/$0.05 | 1.25% |
| PLO5 | $0.02/$0.05 | 1% |
| NLH | $0.05/$0.10 | 5% |
| PLO | $0.05/$0.10 | 2.5% |
| PLO5 | $0.05/$0.10 | 2% |
| NLH | $0.10/$0.25 | 12.5% |
| PLO | $0.10/$0.25 | 6.25% |
| PLO5 | $0.10/$0.25 | 5% |
| NLH | $0.25/$0.50 | 25% |
| PLO | $0.25/$0.50 | 12.5% |
| PLO5 | $0.25/$0.50 | 10% |
| NLH | $0.50/$1+ | 45% |
| PLO | $0.50/$1+ | 25% |
| PLO5 | $0.50/$1+ | 20% |
At the end of the hand, 50% of the jackpot is awarded to the losing player, 20% goes to the winner, and 20% is shared by all other players who were dealt into the hand. The remaining 10% goes toward the admin fee for this promotion.
Games on Offer at CoinPoker
CoinPoker features a great variety of game options for all player types and bankrolls. As already mentioned, all games play in USDT, which is the same as playing in US dollars, so it is really easy to adjust even if you’re not familiar with crypto.
Cash Games
CoinPoker features three game variations: No Limit Texas Hold’em, Pot Limit Omaha, and Pot Limit Omaha 5. There are no other game formats on offer at this time, but it’s likely that the operator will expand its offering if and when there is demand for it.
In terms of stakes, the lowest tables available start at $0.01/$0.02, with a minimum buy-in of just $0.80. On the other hand, those looking for high-stakes action can find games with blinds set at $400/$800 for regular games and up to $500/$1,000 for heads-up.
One interesting thing is that there are no 9-handed tables at CoinPoker, nor are there traditional 6-max games. Instead, you can choose between 7-handed, 4-handed, and heads-up games.
As already mentioned, the rake is 5% across all stakes, with rake caps varying depending on the number of players at the table.
Tournaments
If you’re more of a tournament player, you’ll find plenty of action to keep you going at CoinPoker as well. Just like cash tables, tournaments offer a wide array of buy-ins. You’ll find events ranging from just $1 all the way up to $1,000 regularly, with higher buy-ins available for special series and live qualifiers.
Looking at the weekly schedule, CoinPoker may not offer as big guarantees as some of its competitors, but with the operator doing a lot to attract new players, we expect the schedule and the guarantees to grow in the months to come. Some of the marquee events right now include:
- $1,000 Falcon – $150,000 GTD
- $500 Sunday Main Event – $70,000 GTD
- $200 Sunday Special – $40,000 GTD
- $200 Sunday Warmup – $20,000 GTD
CoinPoker also features an MTT series with a good variety of events for all buy-ins and boosted guarantees. One worth mentioning is the Sumer Knockout Series, the most recent edition of which featured $500,000 in guaranteed prizes and $15,000 in added value.
The platform also offers satellites for some live events. For example, players can qualify for the Irish Poker Festival, which will take place from October to November 2024. Satellites start as low as $0.50, so everyone has a shot at winning a seat at the table.
Cosmic Spins
Cosmic Spins are CoinPoker’s variation of jackpot sit and goes. These are three-handed games offering the maximum jackpot of 1,000 times the buy-in.
| Buy-in | Max. Jackpot |
| $0.25 | $250 |
| $1 | $1,000 |
| $3 | $3,000 |
| $5 | $5,000 |
| $10 | $10,000 |
| $25 | $25,000 |
| $50 | $50,000 |
| $100 | $10,000 |
CoinPoker Banking
Deposits and withdrawals at CoinPoker are safe and quick, but the process can be a bit confusing if you’re new to crypto poker.
To play here, you will need to have a crypto wallet, which you’ll connect to your CoinPoker account. Although all games on the site happen in USDT, you can actually deposit using several major cryptocurrencies. Your deposit automatically converts to USDT.
Supported cryptocurrencies are USDT, ETH, BTC, BNB, and MATIC.
Withdrawals are also super simple and quick, as is usually the case with crypto transfers. It’s worth mentioning that the operator also allows player-to-player transfers within the client.
What Is CHP?
We’ve mentioned earlier in this CoinPoker review that you get your rakeback in CHP. CHP is CoinPoker’s own cryptocurrency, and you will need to have some of it in your account to take advantage of the rakeback system.
You can easily obtain CHP using the CoinPoker exchange, or you can purchase it at one of the crypto exchanges.
The simplest way to get CHP is to go to the cashier and select the ‘Buy CHP’ option. Here, you can enter the amount of USDT you want to convert, and it will tell you how much CHP you’ll be getting.
As long as you have CHP in your account, it is used to pay Community Contributions, and any Contributions paid with CHP are eligible for 33% rakeback. Rake paid with USDT, on the other hand, does not qualify for rakeback.
CoinPoker Software
The CoinPoker platform may not be the most sophisticated one out there, but it’s certainly a very solid platform that you’ll have no problems with.
What’s very important is that the software is based on blockchain technology, which means that every hand is completely transparent, and all information is available for everyone to see. In a time when there is an increased concern for fairness in online poker, this is a big deal.
The platform itself features a simple but nice design, with basic filters to select the game type, stakes, the number of players at the table, and the registration stage (for tournaments).
In terms of personalization, you can choose from a few different table backgrounds and deck designs, and there are different options to make multi-tabling easier. CoinPoker also supports features like running it twice, and straddles.
Why Play at CoinPoker in 2024?
CoinPoker is an interesting and modern platform that does things a bit differently. Their approach to rewarding players and giving back almost all of the rake is certainly unique and shows that this operator is willing to do what it takes to establish a healthy ecosystem.
Games are much softer and more action-packed than what you’ll find at most traditional sites, which, combined with good rakeback, is just what you need to make it in online poker.
Finally, a platform that offers provably fair games in 2024 that you can always check is very important. It makes it much easier for players to police the games to ensure there is nothing nefarious going on and act quickly if any suspicious activities are detected.
Sign up for your CoinPoker account today, pick up a big $2,000 welcome bonus, and embark on a different and exciting online poker journey!
