A poker platform focused on cryptocurrency, CoinPoker, has revealed a significant revamp of its rewards system, introducing a new $1.5 million-per-week initiative called CoinRewards.
The update comes after the company’s most successful month to date, driven by increased traffic in formats like PLO6 and All-In or Fold.
This move aligns with the growth of crypto-integrated gaming, with CoinPoker positioning itself as a prominent player in this space.
Exciting Poker Rewards Program Launched
CoinRewards introduces three key elements:
- Cash game leaderboards
- Randomized splash pots
- Daily guaranteed returns
The goal, according to CoinPoker, is to create a more sustainable and transparent ecosystem that rewards both casual players and high-volume grinders.
$1 Million Weekly Cash Game Leaderboards
The revamped leaderboard system now offers $1,000,000 every week, resetting every two hours to provide more accessible rewards for players with limited time.
CoinPoker ambassador and WSOP champion Bencb praised the change, noting that shorter cycles enable players to earn meaningful rewards in shorter bursts.
$500,000 in Weekly Splash Pots
An additional $500,000 per week will be injected directly into active tables through CoinPoker’s “Golden Chest” splash pot feature.
Unlike traditional winner-takes-all approaches, splash pots distribute rewards to all players dealt into the hand, with the pot winner getting 40% and the rest divided among the table.
This ensures that casual players benefit alongside high-volume grinders.
Daily Guaranteed Returns for All Players
Every player using real money will receive a 15% daily guaranteed reward, based on the previous day’s play and paid out at 07:00 UTC.
CoinPoker emphasizes this as a consistent baseline reward applicable to all stakes and volumes.
Micro-Stakes Fees Reinvested Into the Ecosystem
To support new and recreational players, CoinPoker will reinvest 100% of micro-stakes fees back into the player pool, covering:
- Cash games up to $0.02/$0.05
- Tournaments under $5
The company claims that some players are already experiencing “over 100% effective rakeback” through these combined reward mechanisms.
High-Stakes Rewards Program Introduced
For players at $25/$50 and above, CoinPoker is launching a specialized high-stakes rewards system featuring:
- Action Rewards – for players generating significant table activity
- Battle Rewards – offering high rakeback for top performers
The aim, according to CoinPoker, is to foster a healthier and more competitive high-stakes environment.
New Poker Variants and Events Coming in April
Short Deck Poker Added
CoinPoker is introducing Short Deck (6+ Hold’em) to its selection, joining NLH, PLO, PLO5, PLO6, and All-In or Fold.
Heads-Up Cash Game World Championship Returns
Starting on 6 April, the CGWC will include:
- NLH and PLO divisions
- Rake-free games
- Leaderboards
- Luxury prizes like Rolex watches
Updated 150% Welcome Bonus
The welcome bonus (up to $2,000) now unlocks instantly after each session, eliminating milestone requirements.
A Growing Crypto-Friendly Poker Platform
Established in 2017, CoinPoker has experienced rapid growth, especially after its March rakeback promotion. The platform supports:
- Cryptocurrency payments
- Credit/debit cards
- Google Pay
- Apple Pay
Additionally, the platform offers email-only registration without KYC requirements.