CoinPoker’s CSOP (crypto series of poker) main event is set to start with $100,000 guaranteed prize money. Currently, 30 players are registered, with payouts ranging from 37,000 USDT for first place to 4,000 USDT for sixth place. The buy-in for the main event is 500 USDT, with an overlay of 85,000 USDT added by CoinPoker, making it profitable for players, especially amateurs. The tournament is a rebuy event with a late registration period of two hours and ten minutes, likely resulting in an overlay despite more players expected to join at the last moment.
CoinPoker, founded in 2017, is a fully crypto-native poker site that is rapidly growing in popularity. While it may not have the player base of sites that accept both fiat and crypto deposits, such as BetOnline or Bovada, it is gaining recognition for its innovative approach to online poker. CoinPoker recently reduced its fees and has a strong reputation in the crypto poker community. The CSOP event has garnered attention from Business Insider, showcasing the site’s high-stakes tournaments and celebrity poker ambassador Tony G.
In addition to the main event, players can also participate in other high buy-in tournaments such as the PLO Tycoon and CSOP Nemesis, each with large guaranteed prize pools. Cash games with high stakes, reaching up to 1000/2000 blinds on weekends, are another popular feature on CoinPoker. The site has seen significant action, with crypto whales betting over 300k USDT on a single hand. Notably, in 2022, the largest pot in online poker history occurred on CoinPoker, further solidifying its reputation as a top crypto poker platform.
CoinPoker offers players the opportunity to compete for additional prizes through a leaderboard system. A total of 10,000 USDT in added value is allocated to top leaderboard spots, rewarding players who perform well across the 41 events of the CSOP. Prizes include passports to the Summer Showdown series in July, valued up to 2,000 USDT. CoinPoker’s commitment to providing added value and exciting opportunities for players has contributed to its success in the crypto poker space and continues to attract new participants looking for unique gaming experiences.
Overall, CoinPoker’s CSOP main event presents an enticing opportunity for poker enthusiasts with its guaranteed prize money and added value from the site. The combination of high-stakes tournaments, cash games, and leaderboard incentives makes CoinPoker a compelling choice for players looking to engage in crypto poker. With a growing player base and positive reputation within the industry, CoinPoker is establishing itself as a premier destination for those seeking innovative and rewarding poker experiences in the world of cryptocurrency.