After quite a lot of hype and hypothesis, Coin Poker went reside on April 1, 2026 with its new and extremely anticipated rewards program, referred to as “CoinRewards.” Nonetheless, it seems that this new system represents a discount within the precise worth given again to the gamers. On this respect, it continues a pattern that has been evident at Coin Poker for some time now.
Concerning the CoinRewards Program
The brand new CoinRewards system delivers worth to gamers in three main methods. First, there’s $1 million in weekly CoinRaces Leaderboards, that are lively in money video games as much as the $25/$50 stage. Then there are splash pots, to the tune of $500,000 per week, which add as many as 1,000 bbs to randomly chosen money recreation pots. Lastly, everybody will get Each day Assured Rewards, which is principally 15% flat rakeback on the rake and match charges they pay.
Nonetheless, there’s extra to this story than Coin Poker generously handing again tens of millions of {dollars} per week to its customers. We’ve got to think about how the brand new CoinRewards compares to the outdated manner issues have been accomplished at CoinPoker.
Backstory
The explanation we’re even discussing this subject proper now could be as a result of Coin Poker has made large adjustments in its operations. Towards the top of February 2026, the agency began hinting at a brand-new platform to come back and a March stuffed with wonderful rewards.
Coin Poker Promised Massive EnhancementsThe brand new software program turned out to be very divisive with many gamers preferring the outdated poker shopper. Coin Poker promised 100% rakeback for the month of March, however this was not precisely what was delivered. Gamers did get 100% conventional rakeback for the primary half of the month, however then within the latter half, the “rakeback” was supplied by means of leaderboards, splash pots, and different promotions.
As March got here to an in depth and these promotions have been ending, Coin Poker introduced that it will be debuting the brand new CoinRewards program in April. It’s this new system that we’re evaluating at the moment and evaluating to the outdated Coin Poker from earlier than the March and April “upgrades.”
Vital Rake Will increase
Whereas CoinPoker might certainly be giving again a excessive share of the rake it is taking from the video games, the fact is that this rake is far increased than it was once as lately as February 2026. The rake adjustments appeared sooner or later on the Coin Poker web site with none public bulletins being made about them.
As an example, the outdated Coin Poker rake in 6-max NL50 was 5% as much as $2. The brand new rake is 5% as much as $4. In NL100 heads-up video games, the rake was once 5% as much as $1.25, nevertheless it has now elevated to five% as much as $1.50. Six-player NL1,000 video games used to rake 5% as much as $6, and beneath the brand new rake schedule, this has change into 5% as much as $10.
Nearly each mixture of variety of gamers and blind stage has seen its rake cap enhance even whereas the share of rake has remained fixed at 5%. In lots of instances, the utmost rake has doubled.
Subsequently, Coin Poker’s announcement of a brand new rewards program after elevating the rake is akin to a retailer elevating its costs, in some instances to double what they have been earlier than, after which saying a 30% off sale.
Poker coach Frankie Carson did the mathematics and located that CoinPoker’s new rake put it among the many highest-raking on-line poker websites in existence. There are many offshore Coin Poker alternate options that run video games with decrease rake.
Flat Rakeback Decreases
Of the three elements of the CoinRewards program, the one which’s best to know and more likely to enchantment to probably the most gamers is the Each day Assured Awards, which ship 15% rakeback paid immediately to every person’s account daily. Sadly, the earlier rakeback quantity accessible at CoinPoker was 33% paid weekly. Subsequently, direct rakeback funds have been minimize by greater than half.
The outdated system did rely on an advanced mechanic of holding CHP tokens, which have been then used to pay a portion of the rake, with rakeback paid out in USDT afterward. The newer mannequin requires customers to easily click on a button daily to obtain their rakeback. Nonetheless, the elevated comfort of the Each day Awards is actually not price dropping 18% rakeback.
Complicated New Mechanics
Coin Poker is now distributing $1,000,000 per week throughout varied CoinRace leaderboards, damaged down by stake and recreation, in addition to $500,000 in Splash Pots. The issue is that it is very onerous to know how this impacts the outcomes of every particular person participant.
CoinPoker has changed a single – admittedly convoluted – system of flat 33% rakeback with a number of opaque mechanisms that ship worth that is tough to quantify. Nonetheless, most observers consider that the sum whole of those new rewards, when coupled with the upper rake now levied by Coin Poker, delivers considerably much less worth to gamers than the best way issues have been earlier than.
Bonus Clearance Price Diminished
One space during which it’s apparent that the brand new system is inferior to the outdated is within the first deposit bonus. The quantity of this bonus, which is 150% as much as $2,000, has not modified in any respect, however what’s totally different is the speed of bonus clearance. Below the outdated system, the bonus was price 50% rakeback, however now it is solely equal to 33% rakeback.
Below the outdated guidelines, the bonus launched in increments of 10%. These days, the bonus funds are launched instantly as a participant generates rake on the tables. That is positively an enchancment however certainly not well worth the discount in efficient rakeback share. There’s one other manner during which the brand new bonus is worse: It can’t be cleared by means of tournaments, solely ring video games.
CHP Tokens Disappear
Nearly from its inception, Coin Poker was happy with its bespoke crypto-currency, the CHP token. CHP was at first a option to spend money on the platform in addition to a forex used on the tables.
Over time, CHP’s function at CoinPoker diminished till it turned nothing greater than a reasonably roundabout manner for the room to distribute weekly rakeback. Nonetheless, even this restricted function has now ceased, and the token has been retired.
Quite than changing CHP into one other crypto-currency and even providing fiat refunds, Coin Poker has reworked CHP balances into bonus funds. These bonuses have to be cleared on the similar 33% charge as regular Coin Poker bonuses.
Coin Poker Has Turned CHP Balances Into Pending BonusThat is proper – CoinPoker is insulting a few of its most ardent supporters over the previous few years by making them earn again their “funding” by means of continued play. Definitely if CHP was a “actual” forex with the complete backing of administration, as had been said for a very long time, then those that held a steadiness of CHP when it was retired ought to have been made complete with out having to leap by means of hoops to say what was theirs by proper already.
Poker Group Chimes In
We’re not the one ones who consider that Coin Poker has made a disastrous collection of missteps. Take a look at the feedback under, written by precise human Coin Poker gamers and posted on varied boards on the web:
You Can Play Elsewhere
There are a variety of on-line poker rooms that fortunately settle for Individuals, so you are not tied to Coin Poker by any means. Among the many websites with the bottom rake is ACR Poker. While you join ACR Poker, you will get a 100% as much as $2,000 first deposit bonus, and you’ll even get $10 without cost with no deposit required by means of our unique ACR promo code PRB10FREE.
To study extra about this cardroom earlier than signing up, head over to this complete ACR Poker evaluate. You would possibly as an alternative be eager about certainly one of ACR’s sister websites though the $10 no deposit provide is just not accessible with them: Black Chip Poker, Ya Poker (non-US). For different reliable choices for Individuals, try this information to offshore poker USA.
April 3, 2026 – by Max Golden, Editor-in-Chief
