What is CoinPoker's Rakeback System?

By Mrinal Gujare

11 Feb 2025

Mrinal Gujare 11 Feb 2025

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In online poker, a small percentage of the pot is typically taken as a fee to maintain operations. At CoinPoker, this fee is referred to as ‘Community Contributions’.

Players can benefit from cashback, which is a return of a portion of these contributions. This practice is known as rakeback on other platforms.

CoinPoker offers players 33% rakeback every Monday for their play during the previous week. This applies to both tournament and cash game players, with the cashback automatically credited as CHP (CoinPoker's native token) in their accounts.

Requirement for rakeback

To qualify for rakeback on CoinPoker, players need CHP. Community Contributions paid in CHP are calculated towards the cashback.

How does rakeback work?

To better understand how CoinPoker’s rakeback system functions, it is essential to understand the concept of rake.

What is Rake in Poker?

Rake is a small percentage of the pot collected by the poker operator as a fee for hosting the game. This fee helps cover the operational costs of running the poker room and ensures a secure playing environment for grinders.

Rakeback is a reward system where a portion of the collected rake is returned to the players. The rebate can be in the form of a fixed amount per player or calculated based on a player's contribution to the table before cashing out.

This system encourages players to continue grinding on the platform which can significantly impact their overall earnings. In every real money online poker game, some form of rake and rakeback is typically in place.

CoinPoker's Community Contributions

On CoinPoker, rake is referred to as Community Contributions, which constitutes 5% of each ring game pot. The platform utilizes 100% of these contributions to benefit players, including cashback credited weekly as CHP tokens.

Calculating Poker Cashback

The calculation of rakeback may vary across different platforms and providers based on their specific terms. However, the fundamental calculation remains consistent.

Example Calculation:

You contribute $200 to a cash game pot.
The house takes a 5% rake, amounting to $10.
With a 50% rakeback rate, you receive $5 back into your account.

CoinPoker's rakeback system is rewarding in a way that encourages players to grind more and boost their earnings.

If you like rakeback offers then CoinPoker offers 33% rakeback every week. The platform is known to host promotions across tournaments and cash games.

To play on CoinPoker, players must sign up on the site using CoinPoker promo code MAXBET for a deposit bonus of USDT 2000.