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NLHE tournament table, source – CoinPoker
The main event of CoinPoker’s CSOP – crypto series of poker – is set to commence in just over 12 hours at 18:30 GMT / UTC, featuring a guaranteed prize pool of $100,000.
As of the time of this publication, 30 players have registered, and the prize payouts for the top finishers are as follows:
- 1st place – 37,000 USDT
- 2nd place – 26,000 USDT
- 3rd place – 16,000 USDT
- 4th place – 10,000 USDT
- 5th place – 7,000 USDT
- 6th place – 4,000 USDT
Added Value In CoinPoker CSOP Tournaments
With a buy-in of 500 USDT for the CSOP main event, the 30 participants have contributed only 15,000 USDT to the prize pool, indicating that CoinPoker is providing an overlay of 85,000 USDT, making it a lucrative opportunity for amateur players.
In the final moments leading up to the tournament, it is anticipated that more players will join to capitalize on this added value.
This event also allows for rebuys, with a late registration window of two hours and ten minutes.
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CSOP #37 Main Event, source – CoinPoker
Overall, it is expected that there will still be an overlay.
Although CoinPoker has not yet reached the player base of poker platforms that accept both fiat and crypto deposits, such as BetOnline or Bovada, it is experiencing rapid growth and has established a solid reputation as the leading 100% crypto-native poker site since its inception in 2017.
This week, Business Insider featured CoinPoker’s CSOP event, its recent fee reductions, and celebrity poker ambassador Tony G.
High Roller Crypto Poker
While the winner of the main event will receive 37,000 USDT, there are also higher buy-in tournaments available, along with a CSOP leaderboard and cash games.
CSOP #36 PLO Tycoon
At 17:00 GMT / UTC, a ‘PLO Tycoon’ tournament with a buy-in of 5,000 USDT will begin, catering to fans of Pot Limit Omaha, in contrast to the No Limit Hold’em format of the main event. This tournament boasts a guaranteed prize pool of 200,000 USDT.
CSOP #40 Nemesis
At 18:00, a ‘CSOP Nemesis’ NLHE event will take place, also featuring a 5,000 USDT buy-in, but with a substantial guarantee of 400,000 USDT. Currently, only one player is registered, but Tony G is anticipated to participate.
Cash Games
High-stakes games with blinds reaching up to 1000/2000 are regularly held on weekends at CoinPoker, with crypto whales wagering over 300k USDT on a single hand last weekend.
In 2022, CoinPoker witnessed the largest pot in online poker history – view the details on CoinPoker’s YouTube channel.
Leaderboard
CoinPoker also offers an additional 10,000 USDT in added value for its top leaderboard positions – players accumulate points based on their in-the-money finishes and wins across all 41 events of the CSOP, which determines their ranking on the leaderboard.
Prizes include entries to the Summer Showdown series in July valued at up to 2,000 USDT – CoinPoker’s next major tournament event to anticipate in 2024.
Visit CoinPoker
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