Black Chip Poker rakeback deal and review | Winning Poker Network (WPN)

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The website Black Chip Poker was founded in 2008 and it’s still in the business, offering the possibility to play to anyone, whether they have a big bankroll or not and whether they are living in the United States or anywhere in the world. Each website tries to have its own USP (Unique Selling Proposition) and that of Black Chip Poker is that it offers you a generous 100% match on your first deposit, plus the possibility to play in 4 freerolls. 

There are various games available, and various ways to play them – sit and go-s, cash games or tournaments. With people signing in from all over the world, there is action at the tables no matter what time of the day or the night you are playing. Another catch of this website is that allows you to play up to 40 tables at a time, if you can handle that many. 

Most tournaments are played until a single person remains in the game, and they also have a certain number of payout spots. But on the off-shore website you will also find timed tournaments, where everything stops after a certain amount of hours, or hand-based tournaments, where the game stops after a certain number of played hands. Other cool features include the rake race and satellites where you can win spots in world class events. 

They have a downloadable gaming platform where you will find lots of cool features and adjustable settings so you can have a custom poker experience. The more you play and the more you win, the more loyalty points you get, that you can then use for various extras and rewards. 

There are various ways to make a deposit or to cash out, so feel free to choose the one that is best suited for you. And they even offer to possibility to withdraw your earnings in Bitcoin. If you ever get tired of Texas Hold’em and want to try other games, you don’t need to sign up on another website, since Black Chip Poker also has other casino games and sporting bets. 

There are stakes of various levels, but even if you are playing low stake games and looking for some quick earnings, it won’t be that easy. The level of most player is quite advanced but the good part here is that you will be able to learn and to get better and better. 

This website puts a big emphasis on safety and security and that’s one of the reasons they stayed in business for so many years. All the personal info and financial transactions are secured and protected and they don’t tolerate any alliances between players or other cheating techniques. Overall, Black Chip Poker is a safe place to play, to learn, to have fun and of course…to make a profit!

 

Black Chip Poker Pros and Cons

Pros:

• US friendly Winning Poker Network skin
• Rewarding Elite Benefits VIP System
• Great Welcome Bonus of 100% up to 1,000$
• Reload Bonuses on Request
• Few country restrictions, can register from almost anywhere
• Low rake for Texas Holdem and Omaha cash games
• Exciting Promotions and high guaranteed tournaments
• Poker Trackers supported by the software

Cons: 

• No Retag Option for old/dormant accounts
• No Flat Rakeback Deal Available
• Cannot use mobile versions of the software

 

Elite Benefits VIP system is structured on 6 different levels: player, rounder, grinder, veteran, legend, icon. Without being as straightforward as Pokerking's VIP system, according to our Black Chip Poker review, players can get up to 60% rakeback through Elite Benefits VIP system.

Players earn points:

• in tournaments - for every 1 USD in tournament fees paid, you receive 5.5 Benefit Points (BPs)
• in cash games - for every 1 USD in rake, you receive 5.5 Benefit Points (BPs)

The following table describes the benefits and rewards offered at each one of the six levels.

Benefits Summary	Player	Rounder	Grinder	Veteran	Legend	Icon
Player Point Multiplier	1	1.5	2	2.5	3.5	5
$10.000 cash available for purchase						X
Luxury Live Punta Cana package						X
Legendary Bonuses Access					X	X
$1.500 & 4.000 Cash Available for purchase					X	X
Annual Status					X	X
Redeeming PPs for LPs or PCPC packages				X	X	X
$600 cash available for purchase				X	X	X
$300 cash available for purchase			X	X	X	X
$50 cash available for purchase		X	X	X	X	X
Achievement Rewards	X	X	X	X	X	X
Site Freerolls	X	X	X	X	X	X
Enrolled	X	X	X	X	X	X
Points earned in WC rake	X	X	X	X	X	X

 

The following charts show how many points you will need to earn in order to mantain or increase levels.

MONTHLY PLAYER LEVELS:

Level	Monthly BPs Required
Player	None
Rounder	750
Grinder	3.000
Veteran	7.500

 

YEARLY PLAYER LEVELS:

VIP LEVEL	Yearly BPs Required
LEGEND	100.000
ICON	1.000.000

 

Black Chip Poker offers Achievement Rewards of cold hard cash simply by earning Player Points as you make your way up the Elite Benefits program echelon.

BPs per year	Achievement Reward
750	$10
1.500	$10
2.250	$10
3.000	$10
4.000	$10
5.000	$50
10.000	$50
15.000	$50
20.000	$50
25.000	$50
30.000	$50
35.000	$50
40.000	$50
45.000	$50
50.000	$100
60.000	$100
70.000	$100
80.000	$100
90.000	$100
100.000	$200

 

A few select players each year have the grift and tenacity needed in order to achieve the Legend status at Black Chip Poker. Legends who earn 200.000 Player Points qualify for these amazing cash incentives.

Yearly BPs	Legendary Bonuses Cash Credit
200.000	$2.600
300.000	$2.800
400.000	$3.000
500.000	$3.200
600.000	$3.600
700.000	$3.800
800.000	$4.200
1.000.000	$20.000
1.250.000	$9.200
1.500.000	$9.200
1.750.000	$9.200
2.000.000	$19.200
2.250.000	$9.200
2.500.000	$9.200
2.750.000	$9.200
3.000.000	$19.200

 

 

BlackChip Poker First Deposit Bonus

By registering at BlackChip Poker you can benefit from an exclusive first deposit bonus which clears in 60 days. The bonus counts for 100% up to 1000$ out of the initial deposit. Your 100% First Time Deposit Bonus will be paid out in increments of $1 for every 27.5 Award Points you rake up by playing poker at the tables.

 

Black Chip Poker Bonus Code

For example, if you deposit $1,000, you will receive $1,000 bonus and you will be able to release $1 in FREE cash every time you accumulate 27.5 Award Points. If you deposit using cryptocurrencies, you will get a supersized deposit bonus of 200% up to 1,000$. No deposit bonus is required, but the minimum deposit amount is 25$.

 

BlackChip Poker Reload Bonus

Reload Bonuses are available on request. Contact us after you first deposit bonus expired to receive your reload bonus. We always try to help players upgrade their cashback by offering them additional benefits, such as helping them get reload bonuses from time to time.

 

BlackChip Poker Promotions are a great sournce for increasing your cashback. You can choose from the outstanding offer of 14 promotions which are currently available on BlackChip Poker. For example, you can enter the following promotions: The Sunday Venom, The Cage, JackPot Poker, The Beast Monthly Progressive Rake Race, PLO Sunday Special or Depositors Freeroll.

The Sunday Venom is a 5$ million guaranteed tournament which takes place every Sunday at BlackChip Poker. It runs with a buy-in of $2,650, but you can also reserve your place by participating into the satellites which take place within throughout the week. The first place is rewarded with 1 million dollars.

The Cage is a nice mixture between cash games and MTTs. It is a time based cash-game which runs in tournaments format. BlackChip Poker rewards players with 3 live packages every Sunday, worth $8,000 each. The winners of the packages will receive:

• Entry Buy-In for Cage Live Event worth $5,250
• $1,000 cash for spending 
• 3 nights accomodation at the Taormina Casino and Hotel is San Jose, Costa Rica
• Transportation

​Beast Daily Rake Race is a daily cash race which takes place between 12 am ET and 11:59 pm ET where players can qualify for one of the four payout tiers, depending on how much they rake ($500, $200, $50, $25). It is estimated that at least 130 players are rewarded daily with extra cash prizes. Players do not have to subscribe because they are automatically signed up to the Beast.

Jackpot Poker promotion is a reward based system which applies to the new Hyper Turbo Sit and Go games offered by BlackChip Poker, where players can join with 500 chips and blind level increases every 3 minutes. The buy-ins are ranging between 2$ and 40$ while the maximum multiplier is 2,500. Therefore, when the jackpot is hig, players can win up to $100,000 in cash prizes.

Depositors Freeroll is a first depositors tournament with free buy-in which takes place every Saturday at 12:05 pm ET. The freeroll has $250 guaranteed prizes for its participants, who can thus build their free poker bankroll.

7 Day No Rathole Tables run in a special format available for stakes between $0.10/$0.25 and $50/$100. The format allows players to join the tables with only 10 big blinds for the beginning and re-join them during the 7 days with the same amount they left.

PLO Sunday Special is one of the most rewarding PLO tournaments with a guaranteed prize pool of $35,000 and an entry buy-in of $215. The MTT starts at 14:30 pm ET and runs with a starting stack of 10,000 chips and plenty of satellites available to qualify.

 

As part of Winning Poker Network, BlackChip Poker uses a weighted contributed rake method/formula. As you can notice from the table below, BCP charges one of the lowest rake percentages in online poker, between 1.25% and 5%, depending on the stakes and pot amount. The rake cap values are also on the lower side, ranging between 0.5$ and 3$. We can conclude saying that Black Chip Poker is a good place for grinding No Limit Texas Holdem and Pot Limit Omaha cash games due to the friendly rake structure and VIP benefits.

 

No Limit and Pot Limit Rake Structure

Stakes	Rake Per Pot	Percentage	Rake Cap (maximum rake)
			2 Players	3 Players	4 Players	5-9 Players
$0.01/$0.02 - $1.00/$2.00	$0.01 for each $0.20 in pot	2.5% - 5%	$0.50	$1.00	$2.00	$3.00
$2.00/$4.00 - $4.00/$8.00	$0.05 for each $1.00 in pot	2.5% - 5%	$1.00	$1.50	$2.00	$3.00
$5.00/$10.00 and above	$0.25 for each $1.00 in pot	1.25% - 2.5%	$1.25	$1.75	$2.25	$3.00

 

Black Chip Poker Traffic Overview

Black Chip Poker is an US facing skin of Winning Poker Network, sharing the same player pool with Pokerking, Americas Cardroom and other WPN skins. According to Pokerscout, Winning Poker Network is in the top 10 online poker sites leaderboard in terms of traffic data provided by the networks, with a 7-day average of 700 cash games players and more than 1,000 at peak hours.

 

No Limit Texas Holdem Traffic Report

According to our Black Chip Poker review, players can join cash games which are available from NL2 up to NL5K. However, most action takes place at micro and low stakes and you can expect fewer tables at mid stakes. Being an US poker room, you also have to take into account the US time zone for getting the peak traffic.

Besides normal cash games, players can also try the new variant introduces by BCP called Short Deck Poker or Six Plus Holdem, which is similar to Texas Holdem, with the difference that lower cards from 2 to 5 have been removed. Sit and Gos are available at several buy-ins, ranging from 0.50$ up to 400$ while tournaments have the highest entries around 2,500$. WPN is popular for its guaranteed tournaments with huge cash prizes.

 

Pot Limit Omaha Traffic Report

PLO Traffic is decent at BlackChip Poker and a proof for that is that they are offering one of the hugest guaranteed tournaments for PLO players, every Sunday. You can find MTTs from only 0.25$ entry fees up to $500 buy-in. Cash games are very popular as well, from microstakes - PLO 10 up to high stakes - PLO 5k. Sit and Go games are also available from $1.5 up to $400 entry fees. 

 

BlackChip Poker Currency

Being an US Winning Poker Network skin, all games at Black Chip Poker run in USD currency.

 

BlackChip Poker offers direct cashier and a wide range of payment methods for both deposits and withdrawals. For international players, the best ones are eWallets like Skrill and Neteller and Bitcoin cryptocurrency. However, BlackChip Poker allows transactions with more than 60 cryptocurrencies. Below you have the details for the most popular payment methods.

Please keep in mind that minimum deposit is $25 if you want to benefit from the welcome bonus. Please also keep in mind that deposit methods availability may vary depending on your location. Cashouts are usually processed the next day after their request, but they need to be reviewed and may take up to 15 business days

 

BlackChip Poker Payment Methods Overview

Payment Method	Minimum Deposit	Minimum Payout	Maximum Payout	Maximum Cashouts per week
Neteller	25$	50$	N/A	N/A
Skrill	25$	50$	N/A	N/A
Bitcoin	25$	50$	10,000$	5
Cheque	25$	100$	1,500$	1

 

 

Software Versions and Features

Black Chip Poker offers only a Windows desktop version with downloadable client. Mobile or in-browser play are not available at the moment. The poker client has all the popular features required such as:

• Tile Tables
• Four Color Deck
• Player Notes
• Instant Hand History
• Game Replayer

 

​Poker Trackers Support

The software supports all major poker trackers such as Holdem Manager 2 and Poker Tracker 4. This allows players to use the HUD at the tables and take advantage of the stats to exploit their opponents while multi-tabling their favorite Texas Holdem and Omaha games.

 

Black Chip Poker's Random Number Generator

According to our Black Chip Poker review, the independent gaming organization iTech Labs has already reviewed the random number generator used by Winning Poker Network software. They have confirmed the reliability and security of the RNG, showing that the software the best practices within the industry for generating unpredictable results and random values for dealing cards.

 

Being part of the off-shore Winning Poker Network, BlackChip Poker targets international players all around the globe, with very few country restrictions. However, players from the following territories are not allowed to join Black Chip Poker:

• Sweden
• France Italy
• Spain 
• Turkey
• US States - Louisiana, Kentucky, Maryland, New Jersey, Delaware, Nevada, Washington

Please keep in mind that these restrictions might change from one day to another. You should contact us via email at [email protected] or skype: ID rakeadvisory prior to registering your BlackChip Poker account. Currently there is no retag option avaialable for BlackChip Poker, so if you want to benefit from our exclusive benefits and rewards, you should either open a new account or register at one of the other skins of the network, such as for instance Pokerking.