Play Poker Online at the Top Offshore Site

Features of CoinPoker: Your Premier Offshore Poker Site

With our unparalleled security, speedy crypto payments, and a variety of exciting poker games and promotions, there is a lot to discover at our site. Let’s take a look at some of the key features of the number one site for offshore poker online.

Secure & Anonymous Play

Anonymity and security are key in online poker. Our use of blockchain technology ensures your transactions are secure and anonymous, reducing the need to reveal personal information. Our state-of-the-art encryption methods protect your identity and funds, allowing you to relax and enjoy our games with confidence. Whether you’re new or experienced, our platform offers a trusted environment for all your poker activities.

Safe, Secure, Trusted

We set the standard for safety with our Curaçao eGaming License, advanced encryption, and Proof of Reserves. Our Proof of Reserves shows user funds are fully covered and visible on the blockchain.

We use Decentralized RNG to ensure every hand you play is fair. Random Number Generation (RNG) is how your cards are shuffled, with our high-tech process you help shuffle the cards. Each player at a table receives some of the deck to shuffle, making sure every deal is provably fair and legitimate.

Additionally, our partnership with Fireblocks ensures your funds are safeguarded in multi-auth vaults with advanced Multi-Party Computation (MPC) technology for top-tier protection.

Fast Crypto Payments

At CoinPoker, we prioritize swift and efficient transactions with a range of cryptocurrency options. Using cryptocurrencies for poker transactions provides benefits such as faster processing times and enhanced privacy, eliminating the need for intermediaries.

You can make an instant deposit and withdrawals take minutes. With limits set at a minimum deposit of $10, and unlimited withdrawals up to your total balance. All of these are available for a nominal fee, 24/7.

Our platform supports a variety of cryptocurrencies, including:

• Bitcoin via the Bitcoin network
• Ethereum through the Ethereum network
• MATIC using the Polygon network
• Solana through the Solana network
• USDT on the Ethereum network
• USDT_TRON via the TRON network

Experience the future of online poker with the efficiency and privacy of crypto payments with us.

High Cashback & Promotions

New to our poker room? Take advantage of our 150% Welcome Bonus. This generous first deposit offer, good for deposits up to $2,000, boosts your bankroll and enhances your gaming experience from the start. Smaller bankroll? No problem! claim the offer starting from a $10 deposit.

Our generous Cashback program and regular promotions are designed to reward all our players. With a whopping 33% you can earn back a significant portion for hands you are involved in, increasing your overall winnings.

Because we appreciate you playing with us, our promotions are on another level of generosity. From freerolls to deposit bonuses, from incredible value satellites into huge events to daily player leaderboards, we’ve got plenty on offer to rocket your bankroll to the skies, discover more on our promotions page.

Variety of Cash Games & Tournaments

We offer a diverse range of cash games and tournaments to cater to all types of players. From micro-stakes to high-stakes games, our platform has something for everyone.

Our cash game stakes range from $0.01 / $0.02 to $1000 / $2000, offering players of all levels a fabulous array of suitable games and competition.

We host tons of regular tournaments and special events each day. If you enjoy winning seats in big in-person events, such as The Irish Poker Festival, then you’ve found your new online poker home. Players can also join in with our high-octane Bounty events, where eliminating your opponents results in great rewards to go along with the bragging rights.

Go Mobile and Play Anywhere

With our Android app and the option to play on iOS, you can enjoy fabulous online poker anywhere. With crystal-clear graphics, you can see all the action from your couch, the bus, or your favorite watering hole. Enjoy fast streaming and real-time online poker wherever you are. Download our dedicated Android app or play on your tablet and enjoy the best mobile experience anywhere at any time.

Our Poker Game Selection for Offshore Players

With our selection of games, you’re never more than a couple of clicks away from the action. You’ll find a list of straightforward styles, all selected to make it easy for you to play. With buy-ins from as little as $0.02 up to $5k, cash games, tournaments, and special events there’s a table for you.

Texas Hold’em

The world’s most popular poker is here, and we’ve got a great selection of Texas Hold’em games. In this classic style, you get dealt two cards in the ‘hole’ and you use these to make a strong hand with three of the five community cards. Played all over the world and the stuff of legends this is a game not to be missed.

Pot Limit Omaha (PLO)

Challenging for the title of most popular is Pot Limit Omaha or PLO, where instead of two cards, you get four hole cards to play with. You still get five community cards to play with too. The goal is to make the best hand you can, but you have to use only two of your hole cards. These games are also often limited on how much you can bet per round, which is why it’s called pot limit.

5-Card Pot Limit Omaha (PLO5)

In the same style as PLO, only you have huge five hole cards to play with alongside the community cards. This adds a huge layer of depth and strategy to the game while allowing for some really strong hand combinations.

Online Poker Tournaments

There’s a lobby full of thrilling tournaments waiting to be played. With PKO, Deep stacks, Bounties, and a range of prizes up to $100,000 every week! Sundays are super at CoinPoker with the biggest games of the week and GTD prizes, alongside special events and series there’s always a great game, check out the tournaments for yourself.

What is Offshore Gambling?

Offshore gambling, particularly in the realm of online poker, refers to participating in poker games and betting activities through websites and platforms based outside of your home country. These offshore sites often operate under licenses from jurisdictions with more favorable or lenient gambling regulations, such as Curaçao or Malta.

This setup can offer players access to a wider range of games, higher bonuses, and enhanced privacy compared to domestic options. While offshore gambling can provide benefits like increased anonymity and fewer restrictions, it’s essential to choose reputable sites and understand the legal landscape to ensure a safe and enjoyable experience.

Why Choose Offshore Poker Sites like CoinPoker?

The unique benefits like greater anonymity and fewer restrictions are a big draw for many. Though regulatory oversight may be less stringent than local sites, the advantages far outweigh this drawback, making offshore poker sites a top choice for players.

When you play on a local site, you would have to use fiat currency to play, which some places may not allow you to do. Many of these sites have a verification process where you have to provide your documentation or ID. You would also have to take into account the local tax laws and how / if you would have to pay them.

Advantages of Offshore Online Poker

There are several distinct advantages over domestic platforms. Here’s why many players prefer offshore sites:

• Greater Anonymity: Offshore rooms often minimize personal information requirements and bypass Know Your Customer (KYC) processes, enhancing privacy and protecting your personal details.
• Fewer Restrictions: Unlike some local sites with geographical limits or game restrictions, offshore platforms offer an unrestricted choice of poker games, without limitations on format, prizes, or promotional frequency.
• Proof of Player Fund Safety: You can be sure that all your bets are covered and that your money is available with our proof of reserves. This is a live track of the funds available, you can enjoy online poker knowing you’re safe.
• Attractive Bonuses and Promotions: Generous bonuses and promotions are common, including welcome bonuses and ongoing offers that can significantly boost your bankroll.
• Reputable Licenses: Many offshore sites hold licenses from respected regulatory bodies, such as Curaçao eGaming, indicating adherence to high standards of fairness and security.
• Advanced Technology: Investment in cutting-edge software ensures smooth gaming sessions and high-quality gameplay. Many top offshore poker sites also offer mobile apps for gaming on the go.

Disadvantages of Offshore Online Poker

The list of advantages is a long one and, while we’ve detailed several of those above, it’s worth considering a few of the potential concerns:

• Limited Regulatory Oversight: There may be less stringent regulatory oversight compared to local platforms, which can sometimes lead to worries about fairness and security.
• Customer Support Challenges: Some may experience concerns regarding customer support accessibility or responsiveness due to differing time zones.
• Financial Challenges: On some sites, you may not be able to add funds via your bank as they block transactions, or have long deposit/withdrawal times. With Crypto, these challenges vanish as it’s all done online and almost instantly.

How CoinPoker Compares to Other Offshore Poker Sites?

When it comes to offshore poker sites, CoinPoker distinguishes itself with a unique combination of features that elevate the player experience. Here’s how we stand out compared to other operators:

• Blockchain Technology: With the latest in blockchain technology, trusted Fireblocks vaults and a visible proof of reserves you know your money is safe. You can follow your money from deposit, to table and back into your wallet in one of the worlds most secure payment systems.
• Fast Crypto Payments: Get instant transactions with the most modern cashier around. Deposit or withdraw your crypto from an e-wallet or directly from your exchange. There’s no need to wait before you jump into a game.
• Generous Cashback and Promotions: Get 33% Cashback every week and enjoy a host of special tournaments with HUGE guaranteed prizes, as well as a whopping 250% Welcome Bonus to get you started
• VPN-Friendly: Play anywhere in the world with our VPN-friendly platform, no matter where you are, we’ve got a table for you.
• Focused Game Selection: Dive straight into the action with a hand-crafted selection of the world’s most popular poker variants. Find a cash game or tournament for your budget in seconds.

How to Sign Up with CoinPoker?

To join us and start playing offshore poker online, follow these simple steps:

• Buy Cryptocurrencies: Purchase Bitcoin, Ethereum, or any CoinPoker deposit supported crypto from a reputable exchange like Coinbase or Binance.
• Create an Account: Visit our website and sign up by filling in your details to create a new account.
• Download the App: Install the app on your device from the website or your app store.
• Deposit Cryptocurrencies: Transfer your purchased cryptocurrencies to your CoinPoker wallet. Generate a deposit address and send the funds from your external wallet.
• Claim Your Bonus: Maximize your initial deposit by taking advantage of the welcome bonus.
• Start Playing: Explore the various poker games and tables available, choose your preferred game, and start playing.

By following these steps, you can quickly join us and enjoy a secure and innovative poker experience.

The Legality of Offshore Poker

The legality of poker in the Americas varies significantly depending on whether it is played in-person or online. In-person poker is generally permitted in many states, especially in licensed casinos and poker rooms.

However, the landscape for online poker is more complex. The Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 restricts financial transactions related to online gambling by prohibiting banks and financial institutions from processing payments for illegal online gambling. However, the UIGEA does not specifically focus on players; instead, it targets the operators and their financial transactions associated with it.

Offshore poker sites operate in a legal gray area. While laws like UIGEA regulate domestic online gambling, they do not extend their authority to entities operating outside the borders. This means that offshore poker sites can legally offer their services to players, as they are not subject to regional jurisdiction. Players can access these offshore platforms without directly violating federal law.

However, it’s important to note that the legal landscape can vary by state. Players should always thoroughly check where they stand before trying to play. Some states have explicitly prohibited online gambling, while others have embraced it with regulated markets. Offshore sites navigate this complexity by operating from jurisdictions where online gambling is legal and providing access to players globally, including those in the Americas.

Taxes on Offshore Poker Winnings

When it comes to taxes on poker winnings, the approach differs significantly between regulated and offshore poker sites. Tax rates on gambling winnings can range from 24% to 37%, depending on your total income.

Regulated sites, which operate within legal frameworks, often withhold taxes directly from players’ winnings and provide a tax form, such as a W-2G, which is essential for accurate tax reporting. This streamlines the process and ensures that the necessary taxes are deducted before the player receives their funds.

In contrast, offshore poker sites do not typically report winnings to the IRS. The responsibility for declaring and paying taxes falls solely on the player. The IRS requires that all gambling winnings, including those from offshore sites, be reported as income. This includes not only traditional currency but also cryptocurrency. Since offshore sites do not provide tax forms or withhold taxes, players must keep meticulous records of their transactions.

At the federal level, gambling winnings are taxable and should be reported on your tax return. The tax rate is the same as your ordinary income tax rate. Some states also impose additional taxes on gambling winnings, so state-level regulations should be checked for specific requirements.

Ensuring compliance and accurate reporting is crucial, and a tax professional can provide personalized advice to navigate these complexities effectively.

How Can You Buy Cryptocurrency for Offshore Poker?

Buying crypto is a relatively simple process, you use your local fiat currency at an exchange, and you swap it for an equivalent amount of crypto. There are a few steps to go through, but the process can all be done online and most places charge only a nominal fee.

There are several reputable exchanges, and you can always find a few reviews for them online. Some of the best are Kraken, Coinbase, Crypto.com, and Bitmart. Simply create your account, and you can then select which currency and how much you want to exchange.

You will also need an eWallet to store your crypto in, this is just like a physical wallet or purse, but for your crypto. Many of the exchanges offer this service as well, giving you the chance to handle all of your transactions in one place.

Responsible Gambling at CoinPoker

We are deeply committed to promoting responsible gambling. Our platform provides a range of tools and features designed to help players manage their gaming activity and maintain a healthy balance. Deposit limits, session time reminders, and self-exclusion options are among the tools we offer.

We encourage all players to set personal limits and take regular breaks to ensure their gaming remains enjoyable and within their control. Our dedicated support team is always available to assist players who may need help via [email protected].

Wrapping Up: The Ultimate Offshore Poker Experience with CoinPoker

We offer an exceptional choice for those seeking offshore poker online. Cutting-edge technology, robust security measures, and dedication to responsible gambling provides a superior gaming environment. If you’re looking for thrilling poker action and a reliable, innovative platform, look no further.

Click here to get started and enjoy the best in offshore poker gaming!

FAQs

• Are offshore poker sites legal to play at?
  Offshore poker sites that use crypto are accessible anywhere, and if they are licensed they are legal to play on from any location.
• Can I join an offshore poker site from the Americas?
  Players are welcome at offshore sites like CoinPoker from anywhere in the Americas, and anyone from any state can sign up for an account and play.
• Are offshore poker sites licensed?
  The best offshore poker sites are licensed by gaming regulators in overseas locations such as Malta, Curacao, and Gibraltar which ensure the highest levels of security and reliability.
• How can I withdraw money from an offshore online poker site?
  Offshore poker sites offer fast cryptocurrency payouts, allowing you to access your funds instantly and at the lowest possible transaction fees.
• Do I have to pay taxes on my offshore poker winnings?
  Yes, if where you live taxes gambling. When you win money playing poker at offshore sites, you will have to report your winnings and pay taxes as you would with any other gambling winnings.