Elevate Your Real Money Online Poker Game in New Jersey with CoinPoker

Features of CoinPoker: Why CoinPoker is the Ace Up New Jersey’s Sleeve

At CoinPoker, we’re not content with the status quo. We’ve fused cutting-edge blockchain tech with the heart-pounding excitement of poker, creating a platform that leaves traditional NJ online poker sites behind. Here’s why online poker enthusiasts from New Jersey are going all-in with CoinPoker:

Crypto-Powered Play

We’re embracing the future of finance faster than you can say “Boardwalk Empire.” Our platform supports a wide array of digital currencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and our native CHP token. What does this mean for you, Garden State grinder?

• Lightning-fast transactions: Enjoy payout times typically ranging from 10 minutes to 2 hours.
• Minimal fees: Keep more of your winnings with our low transaction costs.
• Enhanced security: Our blockchain-based platform offers top-notch protection for your funds.

Decentralized RNG – Fairness You Can Bank On

At CoinPoker, fairness isn’t just a promise—it’s provable. Our state-of-the-art Random Number Generator (RNG) is powered by the same cryptographic hash function as the Ethereum network (KECCAK-256), making it impossible to reverse engineer, ensuring absolute randomness and transparency in every hand dealt. After a hand is completed, players have the ability to confirm the fairness of the shuffle by checking the randomness of the deck. They can also view the cards that were not dealt and would have been in play.

Various Cash Games & Tournaments

CoinPoker offers a poker menu as diverse as New Jersey itself. Whether you’re a cash game grinder or ready to dive into our exciting tournaments, we’ve got action running 24/7.

Our offerings include Texas Hold’em, ranging from micro-stakes ($0.02/$0.02) to high-roller games ($500/$1000), perfect for players of all levels. For those who love big pots and big action, Pot Limit Omaha is available, along with the exhilarating 5-Card PLO, the wildest ride in online poker. Our tournaments feature daily events, our Sunday Special, and unique formats like our Cosmic Spins sit-n-gos, offering nonstop chances to compete and win big.

With stakes to suit every bankroll and games running around the clock, CoinPoker brings the excitement of Atlantic City’s best poker rooms right to your device.

Exciting Promotions & Large Rakeback

We believe in rewarding our New Jersey players with a stack of promotions:

• Premium Rakeback: Earn up to 33% rakeback when using CHP tokens.
• Daily Leaderboards: Climb to the top and claim your share of the prize pool.
• Bad Beat Jackpot: A silver lining for when your monster hand gets cracked.
• Royal Flush Bonus: Hit the poker jackpot and we’ll make it rain bonus chips.
• Refer-a-Friend: Invite your New Jersey poker buddies and we’ll reward you both.

Safe & Secure

When it comes to protecting your data and funds, think of us like Hall-of-Famer Martin Brodeur – nothing gets past us. Our multi-layered defenses combine cutting-edge encryption with blockchain tech, creating a safeguard traditional poker sites can only dream of.

We use Proof of Reserves to publicly verify that we hold enough assets to cover all user deposits, ensuring your funds are always secure. We maintain a reserve of 110% of deposits, providing extra assurance. Additionally, all funds are secured in Fireblocks’ multi-auth vaults, requiring multiple authorizations for transactions, which ensures that no single individual can access or move funds without consensus.

Massive Welcome Bonus

New to the CoinPoker family? We’ll roll out the red carpet with a welcome that gives you a 150% boost on your first deposit, up to $2000. It’s our way of saying “Welcome to the party, pal!”

Play Incognito

At CoinPoker, we respect your privacy as much as you do. Unlike other NJ poker sites that ask for your life story, we keep it simple by not asking for a lot of personal information.

All you need is an email and a crypto wallet, and you’re ready to hit the felt. Enjoy the freedom of anonymous gaming without compromising on security or fairness.

Mobile Optimized

Take the action with you wherever you go in the Garden State. Our mobile-optimized platform ensures you can play your favorite poker games, whether you’re commuting on the NJ Transit or relaxing down the Shore. Wherever you are in Jersey, our mobile app delivers the full CoinPoker experience right to your smartphone or tablet.

Poker Games at CoinPoker: A Slice of Atlantic City Online

Our game selection focuses on the most popular poker variants, from penny stakes ($0.01/$0.02) that won’t break the bank to high-roller actions ($500/$1000) that’d make a casino whale blush. We also offer a variety of tournaments, catering to players of all skill levels and bankrolls. Oh yeah, and because we have an international pool of players, you’ll find games running 24/7.

Texas Hold ‘Em

The classic poker variant that needs no introduction. From full-ring games as lively as a summer day on the shore to heads-up battles as intense as a Jets-Giants showdown, we’ve got your Texas Hold ‘Em fix.

Pot Limit Omaha

If Texas Hold ‘Em is like a stroll on the beach, then Pot Limit Omaha is like surfing during a hurricane. With four hole cards to play with, it’s the perfect game for players who find Hold ‘Em too tame and want to spice things up.

5-Card Pot Limit Omaha

Our 5-Card PLO games are like riding the Kingda Ka at Six Flags Great Adventure – heart-pounding action that’ll leave you breathless. With five hole cards instead of four, PLO5 ramps up the excitement and potential for monster hands. It’s the ultimate poker rush.

Poker Culture in New Jersey

In the Garden State, poker isn’t just a game – it’s a way of life. From the glittering casinos of Atlantic City to the thriving online poker scene, Jersey boasts a rich poker culture that rivals any state in the nation.

New Jersey’s love affair with poker dates back to the 1970s when Atlantic City became the East Coast’s answer to Las Vegas. The opening of Resorts Casino in 1978 marked the beginning of a new era, and poker rooms soon became as much a part of the AC landscape as the salt water taffy stands on the Boardwalk.

Popular poker rooms in Atlantic City include:

• Borgata Hotel Casino & Spa
  • Features a nearly unheard-of 85 tables, offering a range of games across all stakes, including No-Limit Hold’em and mixed games. It also hosts major tournaments, such as the World Poker Tour events.
• Tropicana Atlantic City
  • Known as “The Trop,” it features 18 tables and unique formats, including the legendary “pink chip” $7.50/15.00 limit hold ’em game played with $2.50 chips.
• Harrah’s Atlantic City
  • Has 28 tables and offers a mix of cash games, including No-Limit Hold’em and Stud.

But it’s not just about the casinos. New Jersey has also been at the forefront of the online poker revolution. In 2013, it became one of the first states to legalize and regulate online poker, cementing NJ’s status as a pioneer in the U.S. online poker industry. Since then, the state’s online poker market has grown substantially, with several major operators offering their services to New Jersey players.

New Jersey has also produced its share of poker talent. Several world-class players hail from the Garden State, including:

• Phil Ivey: Considered by many to be the GOAT, Ivey has 11 WSOP bracelets, over $26 million in live tournament earnings, and was considered to be many to be online poker’s original final boss.
• Scott Seiver: With over $24 million in live tournament earnings and 7 WSOP bracelets, Seiver is one of the most well-rounded and successful players in the world.
• Vanessa Selbst: Though born in Brooklyn, Selbst honed her skills in the New Jersey poker scene before becoming one of the top female players in the world.

The state hosts numerous prestigious poker events throughout the year, including:

• Borgata Spring Poker Open
• WSOP Circuit Events at Harrah’s
• Tropicana Deepstack Series

From the seasoned pros at the Borgata to the Sunday night home game warriors, from the online grinders to the Atlantic City tourists trying their luck, poker is woven into the very fabric of New Jersey culture. It’s a game that reflects the state’s spirit – a blend of skill, chance, and the unshakeable belief that with the right cards and a bit of Jersey attitude, anyone can come out on top.

Can You Play Online Poker for Real Money in New Jersey?

Absolutely! When it comes to online poker, New Jersey isn’t just ahead of the curve – it’s leading the pack. The Garden State has been all-in on legal, regulated online poker since 2013, making Jersey a pioneer in the digital felt revolution.

In February 2013, then-Governor Chris Christie signed legislation that legalized online gambling in New Jersey, including poker. The law required online poker operators to partner with existing Atlantic City casinos and obtain licenses from the New Jersey Division of Gaming Enforcement (DGE).

The first legal online poker sites in New Jersey launched in November 2013. Since then, the market has grown and evolved, with several major operators offering their services to New Jersey players.

While New Jersey offers a regulated market for online poker, CoinPoker operates in a different lane on the Turnpike. As an off-shore site we’re not regulated by New Jersey authorities but are accessible to players who prefer their unique features, such as cryptocurrency integration, anonymity, and global player pools.

Taxation of Poker Winnings in New Jersey

Winning at poker feels great, but Uncle Sam and the Garden State both want their cut. Here’s the deal:

• Federal Taxes: All gambling winnings, including from poker, are subject to federal income tax. The IRS requires you to report all gambling winnings on your tax return and pay 24% for the feds.
• New Jersey State Taxes: New Jersey also taxes gambling winnings. The state considers poker winnings as taxable income, which must be reported on your NJ-1040 form, and incurs a 3% tax.
• Withholding: Big wins (usually over $5000) might see automatic deductions with casino and on-shore sites.
• Deductions: You can deduct gambling losses up to the amount of your winnings, but only if you itemize your deductions.
• Record Keeping: It’s important to keep accurate records of your wins and losses, including dates, locations, and amounts.

Remember that crypto gains might add another layer to your tax calculations. If your Bitcoin turns into a windfall when you cash out, the taxman might come knocking – any increase in value might be considered a capital gain and could be taxable.

Tax law in New Jersey can get incredibly complex, so speaking with a tax professional who knows both NJ law and crypto is a smart play.

How CoinPoker Compares to Other Online Poker Sites in New Jersey

New Jersey’s got a buffet of regulated poker sites, but CoinPoker brings some unique flavors to the table:

• Cryptocurrency Focus: Unlike traditional NJ sites that primarily use fiat currency, we’re built from the ground up for crypto. This means faster transactions, enhanced privacy, and lower fees.
• Anonymity: Most NJ sites require extensive personal information. At CoinPoker, you can play with just an email address, offering unparalleled privacy.
• Global Player Pool: While regulated NJ sites are limited to players in NJ (and partner states), CoinPoker offers a truly global player pool, meaning more action and bigger tournaments.
• Innovative Technology: Our blockchain-based RNG and overall platform offer a level of transparency and fairness that traditional sites can’t match.
• Generous Promotions: Our rakeback system and ongoing promotions often outpace what’s offered by NJ-regulated sites.
• No Geolocation Requirements: Play from anywhere in NJ without worrying about geolocation issues that sometimes plague state-regulated sites.

While the NJ-regulated sites have their perks and the backing of state authorities, CoinPoker provides a unique, innovative poker experience that many players prefer.

How to Play Poker Online in New Jersey with CoinPoker

Ready to join the digital poker revolution, Jersey style? Here’s your step-by-step guide to getting in on the CoinPoker action:

1. Create an Account: Visit CoinPoker.com and click “Register.” All you need is a valid email address.
2. Download the App: Get CoinPoker for desktop or mobile for a seamless poker experience anywhere in New Jersey.
3. Fund Your Account: You’ll need to deposit using cryptocurrency. Here’s how:
   • Acquire crypto through a reputable exchange like Coinbase or Gemini.
   • Transfer your crypto to a personal wallet.
   • Use this wallet to fund your CoinPoker account.
4. Choose Your Game: Once funded, explore our game lobby. Use filters to find your perfect game.
5. Play Responsibly: Set limits, manage your bankroll, and enjoy the game!

Responsible Gambling

At CoinPoker, we prioritize responsible gambling and encourage our players to enjoy the game safely. We believe in setting strict spending and time limits, staying aware of emotions, and avoiding gambling when upset. Remember, gambling is a form of entertainment, not a financial solution.

If you or someone you know needs support, the Council on Compulsive Gambling of New Jersey provides help and information for problem gamblers. You can also reach out to Gamblers Anonymous, which offers peer support through meetings across the state.

Play Online Poker in New Jersey Today

From the bright lights of Atlantic City to the comfort of your own home, CoinPoker brings the excitement of online poker to all corners of New Jersey. Thanks to our innovative use of cryptocurrency, CoinPoker players will enjoy fast transactions and enhanced security. And because we are global, you’ll always find a game going 24/7. Whether you’re a seasoned pro who’s logged more hours at the felt than Bruce Springsteen has on stage, or a newcomer still learning the game, CoinPoker has a seat for you.

So why wait? Sign up with CoinPoker today and claim your welcome bonus. The digital felt is calling!