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My opinions and observations on Global Poker. Global Poker’s SNGs are mostly six- or nine-player tables, but some 18- and 27-player tables can be found. Global Poker added about six exclusive casino slots and table games recently, including blackjack and video poker. To play, click the red “play now” button on the casino games banner in the upper right of the poker lobby. Aug 12, 2020 Variation 4: The Online Poker Employee. This scam is huge. It is the most dangerous one out of all these five variations. The scam happens when a group of employees or ex-employees of a poker site join a poker room as normal anonymous players. They are able to see what every other players cards are.
Global Poker FAQ
How does the Global Poker promotional sweepstakes model work?
Global Poker sells a virtual currency called Gold Coins. These are virtual chips which players can accumulate and play with. However, they are not redeemable for cash prizes.
When a player purchases Gold Coins on the site, they are given bonus sweepstakes prizes in the form of Sweeps Coins. The Sweeps Coins can be used to enter Sweeps Coins tournaments and ring games on the site. Any Sweeps Coins accumulated or won can be redeemed as cash prizes through WorldPay.
What sets Global Poker apart from the competition?
Outside of New Jersey, Nevada, and Delaware, online poker sites that welcome US poker players are few and far between. Those that do are offshore sites that are, at best, operating in a grey area. Players may find it difficult to get money on and off these sites and there are no guarantees their accounts will remain accessible and their money safe.
In contrast, Global Poker works with WorldPay, one of the most trusted and easily accessible online money transfer sites in the world. Ultimately, Global Poker’s ability to offer US customers online poker with a recognizable and easily accessible banking option sets it apart from its otherwise shady competition.
How long does it take to redeem my prize on Global Poker?
Global Poker requires ID verification when a player requests their first redemption to make sure the cash prize ends up in the right hands. Once documents are sent in, the site endeavors to verify them as soon as possible. Global Poker says the redemption process depends on whether or not the correct form of identification has been sent through. However, it normally takes about five days for verification and an additional five days for the prize to be processed to your bank account via WorldPay.
Documents that can be used for ID verification include:
- Passport
- Driver’s license
- National/State ID
- Other government issued ID
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Documents that can be used for proof of address include:
- Utility Bill
- Notarized lease agreement
- Bank statements
- Medical insurance
What’s the rake?
Many players may be curious about the rake for playing at the site. The Sweeps Coins ring games feature a 5 percent rake. However, there are caps in place depending on the numbers of players.
Many poker lovers in the U.S. and Canada have been enjoying Global Poker’s offerings in the time since its December 2016 launch. Players on the site appreciate the social gaming theme, the increasing tournament guarantees and the ease of depositing and cashing out via PayPal.
Still, others remain skeptical of the site’s legal $weeps Cash model, opting to take a chance with unregulated sites or resorting to putting on real clothes and driving to the casino to grind it out, one sluggish table at a time. With that, it’s time to address the elephant in the room — what is the $weeps Cash model all about and how is this legal?
$weeps Cash Model
For starters, Global Poker is a public company owned and operated by parent company VGW Holdings Limited, and was incorporated in Australia in 2010. The reason there are no other sites quite like Global Poker is that the virtual currency gaming business model they employ is patented. A bit more on the history and setup of the site is explained in this early PokerNews review.
The virtual currency part of the equation is at the heart of the model. Rather than wager real money deposited through a bank or another currency, players at Global Poker have the option to play using either Gold Coins or $weeps Cash.
$weeps Cash won as sweepstakes prizes can be cashed out for real cash prizes through PayPal.
The difference between the two is important. Gold Coins are Global Poker’s primary virtual currency and are equivalent to what other sites may call “play money.” That is, they have no monetary value, cannot be cashed out, but can be used to enjoy all Global Poker gaming options together with other players on the site.
$weeps Cash, on the other hand, is Global Poker’s promotional virtual currency, and $weeps Cash won as sweepstakes prizes (through $weeps cash tournaments or ring games) can be cashed out for real cash prizes through PayPal.
Here’s the kicker: $weeps Cash cannot be purchased for real money, while Gold Coins must be purchased for real money using PayPal. $weeps cash can be obtained free of charge as a bonus with purchase of Gold Coins or through one of Global Poker’s multiple Alternate Methods of Entry (AMOE).
How it Works
While it may seem confusing, it’s more simple in practice. Players can buy Gold Coins by clicking on, that’s right, “Buy Gold Coins” at the top right of the Global Poker lobby page. In the pop-up, players can select from the various Gold Coins packages, most of which come with “Free $weeps cash” that matches the amount of the purchase.
Once the package is purchased via PayPal, players are redirected back to Global Poker with both the Gold Coins and $weeps cash from the package now in their account. With both Gold Coins and $weeps cash available to play with, players can switch back and forth between the Gold Coins and $weeps Cash by clicking the 'Switch Currency' button located near the top right of the page.
Depending on the currency you have selected, all gaming options from NLH and PLO ring games to sit ‘n’ go’s to multi-table tournaments will appear in that currency, until you click the button to switch it.
Cashing Out
Global Poker prides themselves on fast, safe cashouts, and their strong relationship with PayPal has a lot to do with that.
Joseph Del Duca, Head of Communications at Global Poker, explained that PayPal knows their business model inside and out and processes payouts for thousands of their customers every day.
“At Global Poker we go to great lengths to ensure a safe and secure social gaming experience for our players.'
“Before starting that relationship with them we asked them to take a look at our business model and ensure they were comfortable with it. We were entirely transparent in this process and PayPal did their own comprehensive due diligence. As a result, they are happy with what we do and how we do it. Don’t just take our word for it though - There are several ‘cashout threads’ in online forums where countless players have shared their positive cashout experience.”
It seems that any early kinks that existed with cashing out at Global Poker using PayPal have been resolved, as players in recent months continue to post positive experiences attesting to the speed of getting verified and receiving funds to their PayPal accounts with no fees assessed in the process.
Safety and Security Measures
“At Global Poker we go to great lengths to ensure a safe and secure social gaming experience for our players. We are constantly monitoring and improving our security using the latest technology and industry practices,” Del Duca said.
One of the strongest safeguards for players, according to Del Duca, is the fact that they are a public company as it brings transparency to their position and makes their financial information readily available for the public to view the state of the business.
On top of that, Del Duca emphasizes that Global Poker takes very seriously their mission to protect their players from threats like collusion, bum-hunting, or predatory behaviors.
“We constantly encourage players to contact us with anything that may concern them. We commit to a full and thorough investigation of any legitimate concern that is raised.”
“We have brought on board a number of Security and Game Integrity experts with significant leadership experience with the world’s largest poker sites to spearhead this part of our business.
“We already have some excellent tracking and monitoring tools in place to ensure fair games but we strongly believe that it is vital to constantly evolve in this area. We are developing more and more tools to automatically find suspicious activity and we have a team who works around the clock proactively looking for anything that may be a potential risk.'
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But if you ask Del Duca, their greatest asset when it comes to keeping the site safe for all its rule-abiding players is maintaining communication with the very players who are grinding at the GP tables day in and day out.
“We constantly encourage players to contact us with anything that may concern them. We commit to a full and thorough investigation of any legitimate concern that is raised.”
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In just their second year in the online poker market, Global Poker continues to grow its offerings, its guarantees and its player base as its reputation of being a legitimate, player-centric site spreads. If you are a poker player in the U.S. or Canada and want to try out a different kind of site, you can sign up at Global Poker for free today and check it out for yourself.
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Global Poker is solely available to players in the United States and Canada.
Global Poker Review Reddit
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Global PokerSweeps CashOnline PokerJoseph Del Ducavirtual currency gaming business model