Open Side Menu Go to the Top
Register
[CoinPoker] - Ex-Official - Bringing the Game Back to Players [CoinPoker] - Ex-Official - Bringing the Game Back to Players

05-30-2024 , 04:38 PM
Yeah Ive seen that graphic but it makes no sense. Let's say I pay 10$ rake for my session and I have $10 worth of CHP in my account.
It then converts 5$ into CHP that is then deducted from my balance. On Monday I get back 5$ in USDT. But I bought the 5$ CHP earlier with my own money. So I'm just getting back money I paid for CHP in USDT, not an actual rakeback.

I'm sure I have an error somewhere but that is what this dumb graphic is basically saying.
[CoinPoker] - Ex-Official - Bringing the Game Back to Players Quote
05-31-2024 , 02:38 AM
Quote:
Originally Posted by f0ld44
Yeah Ive seen that graphic but it makes no sense. Let's say I pay 10$ rake for my session and I have $10 worth of CHP in my account.
It then converts 5$ into CHP that is then deducted from my balance. On Monday I get back 5$ in USDT. But I bought the 5$ CHP earlier with my own money. So I'm just getting back money I paid for CHP in USDT, not an actual rakeback.

I'm sure I have an error somewhere but that is what this dumb graphic is basically saying.
We made it easier to qualify for Rakeback, prior to this you needed 100% of CHP in your account, you only need a 50% CHP to still get full Rakeback

If you pay $10 in rake and you have CHP to pay for the rake we give you $3.33 CHP (33% rakeback).

1) Leave table with at least 50% of rake paid in CHP, in this example $5
2) $5 equivalent of CHP is debited from account - current amount - (5/.076) = 65.79 CHP
3) $5 USDT is returned to your CoinPoker Account
4) 33% of total rake paid in USDT is returned in CHP ( ($10 x 0.33) /.076 ) = 43.42 CHP returned

So you are deducted 65.79 in CHP rake and receive 43.42 CHP rakeback

Last edited by Coin_poker; 05-31-2024 at 02:39 AM. Reason: clarity
[CoinPoker] - Ex-Official - Bringing the Game Back to Players Quote

      
m