CoinPoker Review

A 150% deposit match of up to $2,000 for poker? I’ll take it any day of the week if it’s as simple as that. Unfortunately, it’s not. As per the terms and conditions, there’s a path to get the full welcome bonus, and, based on my 20+ year poker experience, it’s not an easy one. First things first, to be eligible for the bonus, you have to deposit $10 or more via any payment method. Then, the bonus is activated automatically.

However, to unlock the bonus, you need to generate twice your bonus in rake. You’ll be getting the bonus in portions each time you make 10% of it in rake, so that’s the positive here. The negative? You’ll have to play a lot of hands to unlock the bonus.

The cash game rake at CoinPoker is fixed at 5%, while the rake for tournaments is 6% to 8%. For the beginners here: rake is basically a small fee the casino takes from each pot you play in, either at a cash game or a tournament. At CoinPoker, this is called Community Contributions, and it’s used to fund the platform. In other words, this is how the platform makes money from poker.

So let’s say you’re playing a cash game hand where the pot ends up at $20. With a 5% rake, $1 is automatically contributed toward your rake target. Now, if you deposited $100, your full bonus potential is $150 (you get a 150% deposit match, remember?).

To get the full $150, you need to contribute $300. Once you’ve contributed enough to reach 10% of your bonus, a portion of the poker welcome bonus is released into your account. You then continue playing hands, generating more rake, until you eventually unlock the full bonus.

CoinPoker’s Casino welcome bonus works differently from any other sign-up deal you’d find at other top AU casinos. As I mentioned, it gives new players a 150% bonus of up to $2,000 on their first deposit of $10 or more.

Unlike the poker bonus, which relies on rake from hands, the casino bonus is cleared by wagering. What’s unusual is how the bonus is released. Like the poker bonus, the casino welcome bonus is released in 10% instalments each time you wager 3x that portion on eligible casino games.

Let’s say you deposited $1,000, and you get a $1,500 bonus. Now, you don’t get the $1,500 as bonus money like at any other casino. Here, to unlock the first $150 (10%), you need to wager $350 (3x the portion). Continue this way until the full $1,500 is unlocked, which would require $45,000 total wagers.

Pokies contribute 100% towards the wagering, while live game shows contribute 20%, roulette 5%, and games like dice and baccarat don’t contribute at all.

Tip from Australian Gamblers: At first glance, CoinPoker’s bonus might look tougher to clear than a regular casino offer, but it’s actually fairer. In most online casinos, you might get $1,500 in bonus money, but you’ll need to wager it 40 times before you can withdraw any winnings (which rarely happens). On CoinPoker, you earn your bonus bit by bit as you play, and each portion you unlock goes straight into your balance as real money. There’s no fake bonus balance as a separate wallet. With CoinPoker’s bonus, you essentially get cashback on your money, and since it comes in portions, you’ll likely get something out of it.

CoinPoker offers a 33% weekly rakeback program, but there’s a catch: it only applies if you hold enough CHP to cover the rakeback, the platform’s native token. Every time you play poker, a small portion of each pot (the rake) is collected in USDT, which is CoinPoker’s main in-game currency.

Once you leave the table, the system checks your balance to see if you own any CHP. If you do, you’ll automatically receive 33% of your rakeback as cashback. If you don’t, the rake is simply paid in USDT, and you don’t get a rebate.

The way it works is a bit technical. When rakeback is processed, half of the USDT rake you’ve paid is converted into CHP. This means that your rakeback is tied to the CHP token’s value and liquidity. In other words, this is more of an ecosystem incentive than a real 33% cashback.

There’s one more important detail: you can only buy CHP directly in the CoinPoker client, in the cashier section. A 5% fee applies when purchasing the token, so while CoinPoker advertises a 33% rakeback, the effective rate is closer to 31.35%.

CoinPoker has a Casino Leaderboard tournament, and I actually like this one. It’s simple, automatic, and the prizes are huge for a relatively small field. You don’t need to opt in or track anything manually, just play your usual pokies, and you’ll be earning leaderboard points.

The top five players split $10,000 every week, with $5,000 for the winner. Pokies give you full points (1 point per $1 wagered), but even table games still count, just at a lower rate.

The CoinRaces promotion is CoinPoker’s main poker cash game leaderboard system, which replaces the old “cash game leaderboards” and the Bad Beat Jackpot.

It’s a continuous, daily competition where poker players can earn extra cash based on how much rake (Community Contributions) they generate while playing No-Limit Hold’em (NLH), Pot-Limit Omaha (PLO), and 5-Card PLO games.

There are six 4-hour “races” every day, with two separate leaderboards: one for low-to-mid stakes and one for higher-stakes players. Players earn points for every hand they play, and you collect points with the rake you contribute. The total daily prize pool is $12,000, and the winners of each high-stakes race win $400, while the winners of the low-to-mid stakes races win $150.

CoinPoker’s casino section is actually well thought-out, and it shows in the way the pokies are presented. With just over 350 games in total (around 300+ pokies), it manages to squeeze in a surprising selection of the biggest pokie hits. Seriously, it feels more like a hit compilation than a standard casino library, and you’ll recognise a lot of the titles immediately.

For example, there are Pragmatic Play with hits like Sugar Rush, Big Bass Bonanza, Gates of Olympus, and The Dog House, Hacksaw Gaming brings games like Bash Bros and Stormborn, Novomatic contributes with its classics like Pirate Queen and Rise of Tut, Yggdrasil contributes with games Break the Vault and Fall of Asgard… shall I continue? I think you get the point.

The games are organised into categories like Top Games, Bonus Buy Games, and Jackpots, with options to filter by developer or use the search bar if you’re looking for something specific.

One feature I particularly like, which is something you rarely see in Australian casinos, is the hover-info option. When you hover over a pokie icon, there’s an exclamation mark at the top. Click it, and you get all the key info for the pokie: min and max bets, RTP, volatility, paylines, and max payout. This is a feature every online casino should have!

The selection of RNG table games is decent. With around 20+ games, it’s not the largest selection out there, but it covers the basics. You’ll find several blackjack and roulette variants like standard blackjack, Blackjack Lucky Sevens, Poker Jack, as well as American and European roulette.

There are also several baccarat games, Hi-Lo Dice, and Dragon Tiger, and that’s pretty much it. Another positive here is that all the RNG table games are available in demo, and they also have the hover-info option, where you can check the game info before you start it.

The Live Dealers section was actually my biggest surprise here. It features over 400 tables with so many roulette, blackjack, and baccarat variants that you’ll likely never get to try them. I must point out, however, that even though you’ll see all ~400 games regardless of your location, the list also includes Evolution Gaming’s titles, which are restricted in Australia. If you try to launch one of these games, you’ll get a message that the game is restricted in your region.

Still, there are over 200 live dealers you can play from studios like Pragmatic Play Live, Live88, and Winfinity. I had a great time playing Big Bang Roulette by PP Live, Royal Riches Roulette by Live88, and the fun Top Card game by Winfinity.

There are also plenty of game show-type games like Treasure Island and Mega Wheel 500x, as well as other games like Andar Bahar 5000x, Dragon Tiger, and Millionaire Tapcards.

You’ll find the Jackpot Game category under the Casino section, and it features around 80 games.

Don’t expect some massive progressive jackpots, though, as the library only features fixed jackpot pokies like Candyland Jackpots, Hot Slot 777 Hold the Jackpot, Cash Link Hold & Win, and similar. They’re all good pokies with wins of 15,000x the wager or even more, but they’re not true progressive jackpots.

CoinPoker recently added a sportsbook to its platform, and it’s a big one. There are over 40 sports to bet on, and I wouldn’t get too much on the betting lines because there’s literally everything you can think of. Sports like soccer, basketball, F1, tennis, and other popular events get massive coverage, but niche sports get good coverage too, like water polo and handball.

Rugby League, Aussie rules, and Rugby Union all get good coverage, but CoinPoker should work on the filtering options because everything looks and feels a bit clustered. Also, the eSports are mixed up with other sports, so it can be a bit confusing to see Valorant and Dota 2 in the same section with Newcastle United vs Benfica.

If we compare the list of software providers to a casino like Neospin, for example, it might look tiny. However, for what CoinPoker is, I consider the list of software providers to be very solid. There are around 35 names like Hacksaw, Booming Games, Pragmatic Play, and some niche developers like Bang Bang Games and Darwin:

• AceRun
• 4ThePlayer
• AvatarUX
• Bang Bang Games
• Backseat Gaming
• Boomerang
• Bitpunch
• Booming Games
• BullShark Games
• Bulletproof
• F*Bastards
• GameArt
• G.Games
• NowNowGaming
• Print Studios
• REELPlay
• Relax Gaming
• EvoPlay
• GameArt
• Hacksaw Gaming
• NoLimit City
• Novomatic
• SpinOn
• Peter & Sons
• NowNow Gaming
• Penguin King
• Pragmatic Play
• Red Tiger Gaming
• Relax Gaming
• VoltEnt
• Yggdrasil
• Live88
• Pragmatic Play Live
• Winfinity
• Darwin
• Dare2Win

CoinPoker actually promotes itself as a no-KYC casino, and that claim holds up in practice. Since all transactions are done through crypto, you can play, deposit, and withdraw without going through a full verification process.

I’ve tested it myself, and you won’t be asked to upload ID documents or proof of address. Still, you’ll need to provide some basic details like your full name, country, and age during registration, which is just enough to confirm you’re of legal gambling age and not breaching any regional restrictions.

While poker is the main attraction at CoinPoker, the platform also offers a solid casino with 550+ games, a live dealer section, and a sportsbook. So if you enjoy casino games or betting alongside poker, there’s plenty to play.

CoinPoker offers a 150% welcome bonus of up to 2,000 USDT for both poker and casino. On top of that, there’s a weekly rakeback program, while casino players can join leaderboard competitions and tournaments.

CoinPoker runs primarily on crypto, including USDT, USDC, BTC, ETH, SOL, BNB, and POL. You can also use Visa, Mastercard, Apple Pay, GPay, or PIX for deposits, though these are converted to USDT. Withdrawals are possible only through crypto, starting at just $5.