Phenom Poker Review: Crypto Poker Revolution
What Is Phenom Poker?
Phenom Poker is a new player in the world of crypto poker. It is a cryptocurrency-based online poker platform that allows players to participate in various poker games using digital currency. Unlike traditional poker rooms, Phenom Poker operates with blockchain-based technology, ensuring transparent transactions and secure gameplay. The platform is accessible across devices and caters to players seeking flexible and low-fee options in online poker.
- Low Fees and High Security: Blockchain technology provides a secure environment with reduced transaction fees, a significant advantage for crypto enthusiasts.
- Wide Variety of Games: Phenom Poker offers options in Texas Holdem, Omaha, and other mixed games.
- Flexible Banking Options: Supports deposits and withdrawals in major cryptocurrencies like Bitcoin, Ethereum, and Tether.
How to Play Phenom Poker
Ready to join the Phenom Poker revolution? Download the latest update for your favorite browser or browser app, and let’s get started:
- Visit the official Phenom Poker website
- Enter your email address and submit the six-digit verification code sent to you
- Complete the registration form with the following information:
– Choose a unique nickname (cannot be changed later)
– Enter your full name (surname and first name)
– Input a referral code (use the Gipsyteam promotional code “Gipsyteam” for additional bonuses) - After registration, you must verify your identity to access the games:
- Select your country of residence (choose between "USA" and "Other regions")
- Choose your identification document type:
– Driver's license
– Passport
– Identification card - Upload a high-quality photo of your chosen document, and make sure that all information (name and date of birth) is visible
- Complete the final verification step by taking a live selfie:
– Grant camera access to Phenom Poker
– Take clear photos of yourself - Once you've completed these steps, your account will be fully verified and ready for play
Phenom Poker is ready to shake up the online poker industry with an easy registration process and innovative approach to player ownership and engagement. By addressing key issues like transparency, security, and player rewards, it offers a compelling alternative to traditional online poker rooms. Whether you're a seasoned pro or a casual player, Phenom Poker's unique features and diverse game selection make it worth your time.
Game Selection and Tournaments
Phenom Poker is starting to build a reputation for its diverse real money poker options. Players can enjoy a wide variety of games, including Texas Holdem, Omaha, and mixed-game formats.
No-Limit Hold'em (NLHE)
Stakes: $0.02/$0.05 to $200/$400
Formats: Heads-Up (HU), 6-max, 8-max, and 9-max tables.
Pot-Limit Omaha (PLO)
Stakes: $0.02/$0.05 to $300/$600
Variants: Includes PLO, PLO5, Fixed-Limit Omaha (FLO), Omaha Hi-Low, and Big O
Formats: HU, 6-max, 8-max, and 9-max tables.
Stud and Razz
Stakes: $0.50/$1 to $30/$60
Format: 7-max tables.
Draw Games
Stakes: $0.50/$1 to $200/$400
Variants: Includes 2-7 Triple Draw, 2-7 Single Draw, Badugi, and Baduci
Formats: HU, 6-max, and 7-max tables.
Mixed Games
Phenom Poker offers various mixed-game formats such as Fun Mix, H.E.R.O.S., 8-Game Mix, and Standard Circus Mix. These games rotate between multiple poker variants to provide variety for players.
Tournaments
Cash games dominate the platform currently while multi-table tournaments (MTTs), Sit & Go's (SNGs), and Chinese Poker OFC are under development and expected to launch in December 2024 or early 2025.
Rake Structure
Phenom Poker employs a dynamic rake structure that adapts to different stake levels and game types. For No-Limit and Pot-Limit games, the rake percentage decreases as the stakes increase, starting at 5% for micro-stakes games like $0.02/$0.05 and dropping to as low as 1% for high-stakes games such as $300/$600.
The rake caps also scale accordingly, ranging from $0.10 at the lowest stakes to $10 for high-stakes games with four or more players. In contrast, Fixed-Limit games maintain a consistent 5% rake for most stakes up to $6/$12, with caps that increase proportionally to the stake level. This tiered system ensures that the rake remains proportionate to the game's stakes, providing a fair environment for players across all levels of play.
Rake in No-Limit and Pot-Limit Games:
| Blinds | Rake | Cap (2-3 players) | Cap (4+) |
|---|---|---|---|
| $0.01/$0.02 | 5.00% | $0.10 | $0.20 |
| $0.02/$0.05 | 5.00% | $0.25 | $0.50 |
| $0.05/$0.10 | 5.00% | $0.50 | $1.00 |
| $0.10/$0.25 | 5.00% | $0.75 | $2.00 |
| $0.25/$0.50 | 5.00% | $1.00 | $2.50 |
| $0.50/$1 | 5.00% | $1.00 | $3.00 |
| $1/$2 | 4.50% | $1.50 | $4.00 |
| $2/$4 | 4.50% | $2.00 | $5.00 |
| $3/$6 | 4.50% | $3.00 | $5.50 |
| $4/$8 | 4.50% | $3.00 | $6.00 |
| $5/$10 | 4.00% | $3.00 | $7.00 |
| $10/$20 | 4.00% | $4.00 | $10.00 |
| $25/$50 | 4.00% | $5.00 | $12.00 |
| $50/$100 | 3.00% | $7.00 | $15.00 |
| $100/$200 | 3.00% | $7.00 | $15.00 |
| $200/$400 | 2.50% | $7.00 | $15.00 |
| $300/$600 | 2.50% | $7.00 | $15.00 |
| $400/$800 | 2.50% | $7.00 | $15.00 |
| $500/$1000 | 2.50% | $7.00 | $15.00 |
| $750/$1500 | 2.50% | $7.00 | $15.00 |
| $1000/$2000 | 2.50% | $7.00 | $15.00 |
Rake in Limit Games:
| Blinds | Rake | Cap (2-3 players) | Cap (4+) |
|---|---|---|---|
| $0.03/$0.06 | 5.00% | $0.05 | $0.05 |
| $0.05/$0.10 | 5.00% | $0.05 | $0.10 |
| $0.10/$0.20 | 5.00% | $0.10 | $0.25 |
| $0.25/$0.50 | 5.00% | $0.25 | $0.50 |
| $0.50/$1 | 5.00% | $0.35 | $0.75 |
| $1/$2 | 5.00% | $0.50 | $1.00 |
| $2/$4 | 5.00% | $0.75 | $1.50 |
| $3/$6 | 5.00% | $0.75 | $2.00 |
| $4/$8 | 5.00% | $1.00 | $2.50 |
| $5/$10 | 5.00% | $1.00 | $3.00 |
| $6/$12 | 5.00% | $1.25 | $3.00 |
| $8/$16 | 5.00% | $1.50 | $3.50 |
| $10/$20 | 4.00% | $1.50 | $4.00 |
| $15/$30 | 4.00% | $2.00 | $4.50 |
| $20/$40 | 3.00% | $2.00 | $5.00 |
| $30/$60 | 3.00% | $2.50 | $5.50 |
| $40/$80 | 3.00% | $2.50 | $6.00 |
| $50/$100 | 2.00% | $3.00 | $6.50 |
| $80/$160 | 2.00% | $3.00 | $7.00 |
| $100/$200 | 2.00% | $4.00 | $7.50 |
| $150/$300 | 1.00% | $5.00 | $8.00 |
| $200/$400 | 1.00% | $5.00 | $9.00 |
| $300/$600 | 1.00% | $5.00 | $10.00 |
| $400/$800 | 1.00% | $6.00 | $12.00 |
| $500/$1000 | 1.00% | $6.00 | $12.00 |
| $600/$1200 | 1.00% | $7.00 | $15.00 |
| $800/$1600 | 1.00% | $7.00 | $15.00 |
| $1000/$2000 | 1.00% | $7.00 | $15.00 |
Community Ownership Model
At the heart of Phenom Poker is its revolutionary ownership structure. Players earn Phenom tokens (PHNM) through gameplay, which represent actual ownership in the platform. These tokens entitle holders to a share of the site's profits, distributed weekly in USDT. This model aligns the interests of players with the success of the platform, creating a truly player-centric ecosystem.
The Phenom Token Economy
The PHNM token is central to Phenom Poker's ecosystem. Here's how it works:
- Token Distribution: 50% of tokens are distributed to players, with the remaining 50% held by founders, investors, and ambassadors.
- Profit Sharing: 50% of Phenom Poker's profits are distributed to token holders weekly.
- Earning Tokens: Players earn tokens through rakeback, referrals, and special promotions.
- Token Value: The token price is set at 10x the platform's annual revenue, with a minimum value of $0.50 at launch.
Player Pool Activity
Phenom Poker's player pool peaks during U.S. evening hours, with the most tables running in stakes ranging from NL25 to NL600. During these busy periods, mixed games like Super Circus Mix and Stud also see some action. As a relatively new platform, Phenom Poker maintains a modest but growing player base, with approximately 100 concurrent players and 8-10 active cash game tables during peak times.
However, traffic noticeably decreases during European daytime hours and late-night U.S. hours. During these off-peak times, players interested in less popular formats or higher stakes may encounter fewer available games or no games at all.
Blockchain-Based Security and Transparency
Phenom Poker leverages blockchain technology to enhance security and transparency. Player funds are never held by the site itself, reducing counterparty risk. Instead, each table operates as a smart contract on the Polygon blockchain, ensuring instant settlements and near-zero transaction fees. The platform uses a provably fair Random Number Generator (RNG) to ensure the integrity of each hand dealt.
Bonuses and promotions
Phenom Poker offers players two bonuses: a first deposit bonus and a reload bonus.
First Deposit Bonus (Bonus code: WELCOME)
- 150% bonus up to 3000 USDT
- Valid for 45 days
- 10% of the bonus is released for every 4 USDT rake generated
Reload Bonus (Bonus code: HOLIDAY24)
- 100% bonus up to 2000 USDT
- Valid for 45 days
- 10% of the bonus is released for every 3 USDT rake generated
To claim the bonus, enter the promo code WELCOME or HOLIDAY24 in the designated wallet field before making your deposit. The bonus is valid for 45 days, after which any unused portion will expire. Only one bonus can be active at a time. Switching to a different bonus will result in losing any remaining balance from the current bonus.
Rakeback Rewards
Phenom Poker’s rakeback system is a central feature designed to benefit regular players. Offering up to 35% rakeback, the platform rewards players based on their level of play, which is more generous than many other sites. This high rakeback rate is particularly attractive for professional players and grinders, and it adds up significantly over time.
- High Rakeback Potential: Earn up to 35% rakeback depending on play frequency and loyalty level.
- Daily and Weekly Payouts: Rakeback rewards are distributed regularly, ensuring players benefit without long waits.
Deposit and Withdrawal Options
Phenom Poker simplifies transactions with a range of cryptocurrency options. Players can deposit and withdraw using Bitcoin, Ethereum, and Tether, making transactions quick, secure, and affordable. The focus on cryptocurrency removes some of the barriers typically associated with traditional banking methods, allowing for more efficient money management.
- Supported Cryptocurrencies: Bitcoin, Ethereum, and Tether, with plans to expand to other popular cryptos.
- Fast and Secure Transactions: Blockchain ensures that deposits and withdrawals are quick and secure, often processed within minutes.
Phenom Poker Ambassadors
Phenom Poker has assembled an impressive roster of professional poker players who have contributed to the platform's development and serve as ambassadors. This team brings credibility and expertise to the platform.
Key members of Team Phenom include:
- Brian Rast: A four-time World Series of Poker (WSOP) bracelet winner known for his exceptional mixed-game skills.
- Joseph Cheong: Boasts over $15 million in live tournament earnings and brings high-stakes expertise.
- Chris Hunichen (Big Huni): Experienced in both live and online poker, with multiple WSOP final table appearances.
- Sergio Aido, Eric Baldwin, and Ari Engel: Collectively won millions in tournaments worldwide, offering deep knowledge of various poker formats.
- Ben Heath and Justin Young: High-stakes cash game specialists, likely influencing cash game structures and rake policies.
- Angela Jordison: Brings success in mixed games, aligning with Phenom's diverse game offerings.
This diverse team of poker talent has likely influenced every aspect of Phenom Poker, from game selection to rakeback policies and community engagement initiatives. Their involvement underscores Phenom Poker's commitment to creating a platform that truly understands and meets the needs of serious poker players across various disciplines and formats.
FAQ
Q: Is Phenom Poker available worldwide?
A: Phenom Poker operates on a jurisdiction-by-jurisdiction basis, complying with local laws. It's available in many countries, but players should check their local regulations.
Q: How does Phenom Poker prevent cheating and collusion?
A: Phenom uses strict KYC procedures, advanced data analysis, and community governance to detect and prevent unfair play. Cheaters face lifetime bans and potential doxxing.
Q: Can I play Phenom Poker in the United States?
A: Phenom Poker's use of cryptocurrency makes it legal to play in most U.S. states. However, players should check their local laws to ensure eligibility.
Q: How do I earn PHNM tokens?
A: Players earn tokens through rakeback, referrals, and special promotions. The initial token price was set at $0.50, with potential for growth as the platform expands.
