Here are the contents of the mailer sent 11th April that Jaydeef was referring to:


Dear CoinPoker Players,

We are pleased to inform you about several new updates and enhancements we have introduced to improve your gaming experience at CoinPoker.

7-Handed Tables for Cash Games and Tournaments

We are moving from 6-handed to 7-handed tables for cash games, which brings about increased action, larger pots, and more social interaction among players. We will also implement 7-handed tables for tournaments in the near future.

Rakeback Increase

We have increased the rakeback percentage from 30% to 33%. This change allows you to receive a higher portion of the rake collected by the platform when you employ CHP (our native token) as you participate in various games and tournaments.

Cosmic Spins Update

To make Cosmic Spins more enjoyable, we will increase the starting stack from 300 to 500 chips and reduce the blind increases from 3 minutes to 2 minutes.

Improved Tournament Lobby Display

To make finding and joining satellite events easier, we have updated the tournament lobby to display all satellites for a target event.

Revised Tournament Payout Structures

We have introduced two new payout schedules, which reward approximately 18% and 16% of the field, with minimum cash prizes of around 1.75x and 2x the buy-in, respectively. These changes will be gradually rolled out across the tournament schedule.

Beta Tournaments

We have been running beta test tournaments to experiment with various event formats. If you come across one of these beta tournaments, please take part and share your thoughts with us.

Can you guys also make it so my hand doesn't lose to the river 90% of the time, especially when all in?

Add equity cashouts? Nice to limit variance...

Add zoom poker? Non zoom sucks...

Why i can't use the full color deck ? fourth from left to right in the settings,tried restarting the app,changing outside the tables and still won't work.

So what is the actual reason for making 7-handed tables? Everyone with half a brain knows that if you increase the number of players at the table the number of hands each player plays decreases. So the whole 'increased action and larger pots' argument is a bit of a fluke.

I don't play on Coin Poker but reading between the lines, the change to 7-handed to increase action would suggest the 6-Max games are full of regs playing a preflop 3/bet or fold strategy. This may amaze you, but increasing the tables to 7-handed will statistically make it more likely two players will pick up a hand worth playing. More flops = more rake generated. No flops = no rake generated.

I posted on another strategy forum that Poker sites should do away with both 9-handed and 6-handed games and change to 7-handed. A poster said it was the worse idea he had ever heard of. I responded, I'd sooner come up with the worse idea ever than have no ideas at all.

We shall see if the change is a positive one.

Two questions: one, what is the true rakeback percentage given that you take a cut from CHP conversions in both directions; two, why do you even use CHP anymore and not just give everyone their rakeback directly in Tether?

CHP now seems like being simply a vehicle for you to say rakeback is 33% when it is effectively not because of the conversion fees you skim off, and make a bit extra from people who run out of CHP or don't buy any. Just seems scummy.

this should be the QuickSwap (Polygon Network) link that allows MATIC/USDT <-> CHP to avoild the in-client fees

https://quickswap.exchange/#/swap?in...Ef&swapIndex=0

Any chance you can make the cards a little bit bigger on the table?

There seems to be something seriously wrong with their rakeback system and bordering false advertising.. They claim it is 33%. I raked $37.85 this week and should have gotten like 120~ CHP but only received 49. I know this because i have a bonus i started this week and that's how much i've cleared so far. This is no where near 33% and couple that they seem to be charging fees for converting your chp to usd to cover your rake and i'm really confused where this 33% number comes from. Not worth buying their token.

Hi all!
I want to warn you against playing on this room. And if you doubt, now I will explain what awaits you.
At the very beginning, everything will be fine, you will play for a couple of months and there will be no problems.
You will make deposits and withdraws, start trusting the room and keep more money on your account balance.

One day, after a good win, you will go to rest. And the next day you will be banned.

Just like that, they will ban you and not explain the reasons. You email them, but all you get in return is "Thank you for contacting us.
Your email has been forwarded to the relevant team. They will look into it, and we will get back to you as soon as possible."

You can try to write to them in the telegram channel, in response you will receive something like "If you wrote us an email - wait."

Aaaaand that's all. Almost a month has passed. You can try sending a few more emails, but you won't get any response back.

Here is such a story. Do not play in this room. And if you play, don't have a big balance there. (I lost about $4000)

P.S: I am a Chinese poker player, after the account ban, as far as I understand, they removed Chinese poker from their room altogether. And they decided to just scam the players.
My IGN: Ilnarais

Can someone clarify what the rake is on hu tables? I am seeing an insane amount of rake being paid. Back of napkin maths, if I have someone I'm playing vs who ends up losing 2-3 bis, pretty much 50bb is taken over the this time period (maybe an hour/2 of play at 200 or 500nl), of course I have this stupid rakeback where I keep having to convert CHP to ensure I have a balance but I'm starting to think the rake is MUCH higher than advertised (unless I have missed there is a specific higher rake for hu tables?).

Yes there is. Online they state the following:
"Heads-up, high stakes and custom tables are subject to different community contributions, information is available on request."

I agree that the rake system could be a bit more transparant. Would like to have a general counter with the amount of rake generated per week.

I suppose that’s why some high stakes hu battles between very good players are occurring on 7max tables instead. There’s basically no point playing hu unless playing complete droolers which is all I’m interested in anyway but never seen such high Hu rake before makes it rather pointless endeavour.

buehler, buehler, buehler

Is the hand replayer still 6-handed for anyone else?

the same

Rep doesn't seem to think any of the queries above are worth a response after almost 2 weeks. Bit of a red flag there unfortunately.

Apologies if that was the impression that has been given.

The responses provided by the other posters on the forum provided answers, where our official response would be almost the same.

Our goal is to keep this forum up to date with relevant information about CoinPoker.

Ok.
What is the effective rakeback percentage for those who convert CHP through the site (I expect the majority of your players)

Why do you use CHP rather than give rakeback directly in Tether?

What is the heads up rake structure?

None of these have been answered.

A. Most customers at CoinPoker are experienced in cryptocurrency transactions so can very simply transact using quickswap, where there is no fee. If a Player chooses to use the client to exchange USDT for CHP they are charged 5%. The fee is not charged in both directions.



A. CHP is our native currency, historically all transactions were completed in CHP. The use of CHP and USDT are entirely based upon what best serves CoinPoker and our loyal players.

A. The Heads Up rake structure is available upon request as a previous poster stated, if you would like to request the information please email: support@coinpoker.com

This is the hu rake which was sent to me after I requested it a few times it’s now also in the client under info when you sit. It is absurdly high or at least feels that way, if you have a lengthy match you’re getting rinsed.

]


@rep Can you explain to me exactly how I use quickswap instead of doing the chp swap on client please.

LOL, beat me to it, I did get a prompt reply when I asked, but the caps are insanely high. Interestingly, the numbers they sent me are different (and substantially higher!)

"For heads-up games, the following structure is applied:

100 NL HU = 5%, Max Rake= $1.75
200 NL HU = 5%, Max Rake= $2.25
500 NL HU = 5%, Max Rake= $3.00
1000 NL HU = 5%, Max Rake= $5.00
2000 NL HU = 5%, Max Rake= $6.00
5000 NL HU = 5%, Max Rake= $8.00"

At 1/2 you need about a 22-23bb pot the hit the cap. Not a lot of experience in HU play but if its two aggros they could be seeing a buyin going off the table every 100 hands. 50bb/100 rake may not be beatable without playing Paisting exclusively.

Hi all,

Thank you for your engagement on this forum. I can confirm the Heads - up games are raked using the following, pasted from above:

100 NL HU = 5%, Max Rake= $1.75
200 NL HU = 5%, Max Rake= $2.25
500 NL HU = 5%, Max Rake= $3.00
1000 NL HU = 5%, Max Rake= $5.00
2000 NL HU = 5%, Max Rake= $6.00
5000 NL HU = 5%, Max Rake= $8.00

'@rep Can you explain to me exactly how I use quickswap instead of doing the chp swap on client please.'


Using Quickswap

The best way is to visit www.coinpoker.com and scroll down to the 'Get CHP' this will take you to the Quickswap exchange and autopopulate the CHP (polygon) token.

From there you need to attach your chosen crypto wallet and purchase the amount of CHP you want. Once purchased simply transfer the CHP onto CoinPoker.

Well, it's entirely up to the site how they price their games, but these caps are almost 4x higher than some competing sites at some of those stakes, and are unbeatable at at least some of those stakes if not all. If you want to attract and keep HU players, it might be worth a review.

By way of comparison, SwC rake cap for stakes of 1000NL equivalent and above is 4% capped at 70 chips (around $2).
And that's after their recent rake increase.