Our CoinPoker review and rakeback program guide is here to introduce you to one of the best rakeback deals on the market, showing you how you can claim 33% weekly cashback in CoinPoker crypto, CHP. We also examine how regular players can make use of the CoinPoker VIP Program to unlock exciting rewards.
Launched in 2017 and licensed by the Government of the Autonomous Island of Anjouan, Union of Comoros, CoinPoker has quickly become a favorite online poker site for crypto gambling fans and traditional casino players alike. With plenty of CoinPoker promotions to take your poker sessions to the next level, let’s take a look at everything in store for you.
How Does the CoinPoker Rakeback Deal Work?
To start, we need to understand what “rake” is before we can understand how you get back your rake.
“Rake” refers to a fee which is taken by a casino in order to make money from hosting a game of poker. CoinPoker rake for cash games is around 5% (maximum of $25), making it one of the most favorable on the online poker market.
As mentioned at the beginning of this CoinPoker review, however, this crypto casino offers one of the best rakeback deals, allowing players to receive back a percentage of the rake they pay when playing poker. By benefitting from these types of poker rakeback deals, you can effectively minimize the cost of playing poker cash games.
Whenever you participate in poker cash games and tournaments at CoinPoker, a percentage of the pot goes towards covering service fees, called Community Contributions. With the CoinPoker rakeback promo, you can get a small portion of this money back in the form of rakeback or cashback up to 33% in CHP, CoinPoker’s native crypto token, every Monday.
How Do I Calculate CoinPoker Rakeback?
Interested to know how much CoinPoker rakeback you can claim? Here are the key points you need to consider:
- 5% is taken from each ring game in Community Contributions.
- CoinPoker gives 33% cashback from the rakes you have paid in the respective week every Monday.
As an example, you could play a game with stakes of ₮400/₮800. That means you would need to pay 5% of the larger bet, which would be ₮40. If you played just this game alone, your total rake for the week would be ₮40. 33% of that total would be ₮13.33, which would be your rakeback on the following Monday.
CoinPoker Rake Structure
One of the features that makes CoinPoker the best crypto poker site is the transparency of their rake structure. Check out the rake structure for No Limit Hold’em, Omaha, and 4 Players poker games in the tables below.
No Limit Hold’em Poker
| Stake | Rake | 2 Players | 3 Players | 5+ Players |
|---|---|---|---|---|
| ₮0.02/₮0.05 | 5% | ₮0.30 | ₮0.30 | ₮0.30 |
| ₮0.10/₮0.25 | 5% | ₮0.50 | ₮1.00 | ₮1.75 |
| ₮0.50/₮1.00 | 5% | ₮1.00 | ₮1.50 | ₮2.50 |
| ₮2.50/₮5.00 | 5% | ₮1.50 | ₮2.75 | ₮5.00 |
| ₮10/₮20 | 5% | ₮3.00 | ₮6.00 | ₮10.00 |
| ₮50/₮100 | 5% | ₮6.00 | ₮10.00 | ₮15.00 |
| ₮150/₮300 | 5% | ₮20.00 | ₮30.00 | ₮40.00 |
| ₮300/₮600 | 5% | ₮30.00 | ₮50.00 | ₮75.00 |
| ₮400/₮800 | 5% | ₮40.00 | ₮60.00 | ₮80.00 |
Omaha Poker
| Stake | Rake | 2 Players | 3 Players | 5+ Players |
|---|---|---|---|---|
| ₮0.02/₮0.05 | 5% | ₮0.30 | ₮0.30 | ₮0.30 |
| ₮0.10/₮0.25 | 5% | ₮0.50 | ₮1.00 | ₮1.75 |
| ₮0.50/₮1.00 | 5% | ₮1.00 | ₮1.50 | ₮2.50 |
| ₮2.50/₮5.00 | 5% | ₮1.50 | ₮2.75 | ₮5.00 |
| ₮10/₮20 | 5% | ₮3.00 | ₮6.00 | ₮10.00 |
| ₮50/₮100 | 5% | ₮10.00 | ₮15.00 | ₮25.00 |
| ₮150/₮300 | 5% | ₮25.00 | ₮50.00 | ₮75.00 |
| ₮300/₮600 | 5% | ₮40.00 | ₮75.00 | ₮100.00 |
| ₮400/₮800 | 5% | ₮50.00 | ₮80.00 | ₮110.00 |
4 Players Max Poker
| Stake | Rake | 2 to 4 Players |
|---|---|---|
| ₮0.02/₮0.05 | 5% | ₮0.30 |
| ₮0.10/₮0.25 | 5% | ₮0.50 |
| ₮0.50/₮1.00 | 5% | ₮1.00 |
| ₮1/₮2 | 5% | ₮1.75 |
| ₮2.50/₮5.00 | 5% | ₮2.75 |
Pros and Cons of Online CoinPoker Rakeback
Now we know the details of the CoinPoker rakeback program, let us take a look at the pros and cons to see if it is really worth it.
Pros
- Unrivaled Rakeback Deal: This is one of the most competitive rakeback promos on the market. CoinPoker are offering a huge 33% cashback every Monday and very few poker sites can match this.
- Bigger Bankroll: Taking advantage of the CoinPoker rakeback promo means getting back some of what you spent on rake, which in turn means more possible games of poker in the future. Isn’t more bang for your buck always better?
- Competitive Rake Percentages: CoinPoker charges only around 5% rake on cash games. That means even if you don’t want to claim the rakeback, the fees for playing your favorite style of poker are still perfectly reasonable.
Cons
- Fluctuating Price of CHP: You can only claim rakeback if you have CHP, CoinPoker’s native crypto token. As with all cryptocurrencies, the price can be volatile and move up and down in fiat currency terms.
- Slightly Reduced Pot Winnings: When playing at sites with a rakeback program, actual pot winnings are slightly lower, because a percentage of the players’ wagers will be allocated towards covering service fees.
What Is CHP on CoinPoker?
CoinPoker is a crypto-only site, which means if you want to take advantage of one of the best rakeback poker sites, you will have to use cryptocurrencies.
CHP is CoinPoker’s native crypto token, and it is essential to use if you would like to claim the rakeback offer. CHP is powered by the Ethereum network via the ERC-20 protocol. By having CHP in your account balance, you will be able to claim the rakeback promo; otherwise, you will miss out.
How Do I Register for CoinPoker Rakeback?
Excited to get started with earning CoinPoker rakeback? Let’s show you how to register an account and to get playing.
- Visit the CoinPoker website: Visit the CoinPoker site on your desktop or mobile device. You can play from most modern devices, so which you choose will be based only on your preference.
- Install the CoinPoker app: You need the CoinPoker app to be able to use the site. Download the desktop or mobile app. This usually only takes a few minutes.
- Open the app: When the app has downloaded, open it and click to create a new account.
- Fill out the registration form: Enter your details and click to accept CoinPoker’s terms and conditions.
- Verify your account: You will receive a verification email with a link to confirm that it is really you that is setting up the account. Click the link.
- Grab some CHP: Fund your account with CHP tokens to be eligible to claim CoinPoker rakeback.
- Play games: Join a poker game or tournament.
- Receive your weekly rakeback: Receive up to 33% weekly rakeback every Monday. This should be added to your account without you having to use any promo codes.
Can I Access Rakeback with CoinPoker Mobile?
Yes, the CoinPoker mobile app is available for download for Android and Windows devices. You can also play your favorite poker games in instant-play mode from your mobile browser, but you will need to download and install the app to access cash games and other features.
CoinPoker Review
- Founded: 2017
- License location: Island of Anjouan, Union of Comoros
- Number of games: 1,600+
- Live casino: Yes
- KYC: No
We’ve established that CoinPoker is one of the top rakeback poker sites, but what other features make this online poker site stand out from the crowd?
CoinPoker is a visually stunning platform that caters to fans of PVP poker, RNG games, and other live casino offerings. The platform is built on blockchain technology that allows easy deposits and withdrawals to let you focus on getting the most from playing poker. CoinPoker primarily uses USDT to make transactions easy, but it is also powered by its own native crypto token, CHP, for what the site calls “bonusing fuel”.
Since its beginnings in 2017, CoinPoker has been fully committed to rewarding gameplay, which is why it offers a low rake structure and its fantastic weekly rakeback offer. CoinPoker also goes one step further by offering more than just poker. The app houses over 1,600 titles by leading brands, giving you more entertainment in between poker sessions.
Joining CoinPoker is a straightforward process, and you do not have the hassle of having to go through time-consuming KYC processes. Once you have verified your account by email, you are good to play.
Bonuses at CoinPoker
CoinPoker rakeback is just one aspect of the promo deals this wonderful crypto poker website has to offer. Check out the table below for a comparison of the other exclusive goodies that are on offer – from the CoinPoker welcome bonus to offers for regular players.
| Bonus Name | Bonus Value | Promo Code | Min. Deposit | Wagering |
|---|---|---|---|---|
| Welcome Bonus | 150% Match Deposit Bonus up to $2,000 (Poker) | N/A | $10 | 2x the bonus in rake |
| Daily Cash Game Leaderboards | $1,000 prize pool on Hold’em
$1,000 prize pool on Omaha |
N/A | N/A | No wagering requirements |
| Monthly Tournament Leaderboard | Win a share of $15,000 every month | N/A | N/A | No wagering requirements |
| CoinPoker Cashback | 33% rakeback bonuses on a weekly basis | N/A | N/A | No wagering requirements |
Pros and Cons of CoinPoker
Pros
- 33% weekly rakeback promotion
- 150% welcome bonus up to $2,000
- Daily/monthly tournament leaderboard prize pools
- 1,600 casino games in the games lobby
- No KYC processes for registration
Cons
- Does not accept fiat currencies
Is CoinPoker Legit?
CoinPoker is a 100% legit crypto poker site. The company in charge, Precise IG Solutions B.V., has a remote gaming license issued by the Government of the Autonomous Island of Anjouan, Union of Comoros. CoinPoker is also built on blockchain technology, which ensures verifiable transactions and gaming.
Responsible Gambling
CoinPoker is a big advocate of responsible gambling. This best rakeback poker site has implemented a variety of tools to help players keep in control of their gambling, including cool-off and self-exclusion tools. You can also set “reality check” reminders on how long you have been playing.
CoinPoker also works with organisations such as Gamblers Anonymous and the National Council on Problem Gambling to help vulnerable players curb any issues with problem gambling.
Summary of CoinPoker Rakeback
CoinPoker is committed to rewarding its players through its 33% weekly rakeback deal. This means that loyal players are able to get more bang for their buck when playing cash games.
The benefits, however, do not end here. You have an unrivalled variety of No-Limit and Omaha games from whcih to choose, plenty of daily and monthly tournaments to enter, and a huge welcome bonus up to $2,000. If that doesn’t scream great value, we’re not sure what does!
Frequently Asked Questions about CoinPoker Rakeback
What is the CoinPoker rakeback offer?
CoinPoker’s rakeback deal gives players up to 33% of their rake back. This CoinPoker rakeback bonus is credited automatically every Monday in the platform’s native currency, CHP.
How can I claim CoinPoker rakeback?
Register an account and obtain CHP tokens. Then play games and contribute to the rake. Every Monday, you will then be able to claim up to 33% of the rake you spent with the CoinPoker rakeback promo.
What is CHP and why is it important to CoinPoker rakeback?
CHP, or CoinPoker Token, is CoinPoker’s native currency. It is built on the ERC-20 protocol, and you will need to have CHP in your account balance to be able to claim CoinPoker rakeback.
Can I withdraw my rakeback from CoinPoker?
Yes, you have the option to request a withdrawal of your CHP rakeback rewards. Using supported currency exchanges, you can easily transfer your CHP rakeback to your crypto wallet or exchange it for fiat or another cryptocurrency.
Can I claim CoinPoker rakeback with the CoinPoker app?
Yes, you can claim CoinPoker rakeback with the CoinPoker app. The process is exactly the same on the CoinPoker mobile app as it is on the desktop version.
Is CoinPoker available in the USA?
Yes, CoinPoker is available to poker fans in the United States. You will, however, need to familiarize yourself with your state’s poker laws before playing.
Is CoinPoker Legit?
Yes, CoinPoker is a legitimate crypto poker platform. It is owned and operated by Precise IG Solutions B.V. and licensed by the Government of the Autonomous Island of Anjouan, Union of Comoros.
Does CoinPoker have KYC processes?
No, CoinPoker does not have KYC processes. This means that, after you register for an account, you can start playing games straight away.