What is Global Poker?
Global poker is an online poker room using a model named Sweepstakes to offer real money games for USA players, with a significant particularity: they have a legal patented model for withdrawal the winnings in the USA using the popular payment method PayPal. Global Poker parent company is VGW Holdings Limited, an Australian company.
Can anyone play in Global Poker?
This is a good question because the answer is very particular: Yes anyone can play in Global Poker, but only from the United States and Canada (except Quebec) can be requested withdrawals. This is straight. You can make a fortune in the room, but if you live in Russia or France, you will be unable to cash out any profit. Be careful with this: you can actually deposit and win money IN THE ROOM from another country, but it will be impossible to withdraw the profits. This is clearly stated in the account creation process.
When you create an account in Global Poker, you receive this message:
- Global poker currency is Gold Coins, and $weeps Cash. 50,000 Gold Coins = 10 $weeps Cash. With the account creation, you receive 5,000 Gold Coins (1 $weeps Cash). And 1 1 $weeps Cash = $1USD
- You can request withdrawals ONLY using PayPal and ONLY in the United States. Global Poker remarks this is a legal requirement.
So what are Sweepstakes or $weeps Cash
This is the magic behind Global Poker. Sweepstakes is a type of contest or trade promotions with prizes awarded to winners. The Sweepstakes model is not new, it began as a form of lottery, and a clear definition was that the winners were determined by luck and not by skill. It has been used for decades, but now the Global Poker guys found a way to use Sweepstakes model with online poker, patented it and created a very popular online poker room in the USA, all legal for USA residents.
Now, the secret is that Global Poker sells Gold Coins (if you remember, you receive 5,000 Gold Coins for free when register, very generous! ;)), and players can use Gold Coins to play in cash games or tournaments. But Gold Coins are just play money. Except for something; Global Poker gives away Sweepstakes (in the form of Sweeps Cash), and those can also be used to play online poker. And Sweeps Cash can be cashed out via PayPal. Easy right? Well, is not, it is a complicated business model, but it works, and this company is processing real money cashouts for more than one year, with one key factor: for being located in Australia, they are obligated to segregate the player's funds, so they promote this as a safety plus.
What is the traffic in Global Poker?
As you can see in the lobby, lots of tables of any stakes (including NL2000) are played in Global Poker. Of course, the peak traffic is the nights in the USA. You can find up to 10 tables of NL100, 5-6 tables of NL200-NL600 and two tables of NL2000. Pot Limit Omaha is also played in Global Poker, in peak time there are about six tables of PLO200-PLO400, and eight tables of PLO100. Lower stakes are also played in Global Poker. SNG traffic is not that high, and about tournaments, the biggest one is the $40,000 Guaranteed, a Sunday tournament with a $200+$18 buy-in. The fish are a constant in Global Poker.
What is the rake in Global Poker tables?
We have to say: rake in Global Poker can be considered as high. It is 5% with a different cap per stake, as shown in the following table:
Pot & No Limit tables - $weeps Cash Rake
|Blinds||%||2 Player Cap||3+ Player Cap||5+ Player Cap|
Pot & No Limit tables - Gold Coins Rake
What is the rakeback in Global Poker?
Well, this one is easy: zero rakeback and zero bonuses. This is not a traditional poker room. Global poker "invented" a new way to legally play online poker in the USA, and this is why their VIP program seems like 0. Also, Global Poker is mainly promoted as a recreational site, so recreational site and rakeback don't go together most of the times. There are some promotions inside the room, like access to tournaments and leaderboards, and a cool system of challenges, all prepared for recreational players.
What about the Global Poker software?
If you play in Nitrogen Sports or are right now investing in Betking, you know the Global Poker software. All the mentioned rooms use the Cubeia software, a powerful HTML 5 software trendy right now. You can play in multiple tables, choose a modern avatar, and enjoy the benefits of a modern poker application.
How can I cashout from Global Poker?
Cashout out from Global Poker is not a friendly process; it includes lots of verifications, and remember, you can only withdrawal being located in the USA and using a USA PayPal account. If you are ready to cash out your profits from Global Poker, we recommend the following:
- Have ready your documents: ID and utility bill, with your name an address on it. A utility bill is required to be up to 3 months maximum.
- Have ready your USA PayPal account, and if you can, use the same email address for all the involved accounts (PayPal, Global Poker, Facebook, etc.)
There are lots of experiences of players cashing our their profits from Global Poker, and all the process depends on the availability of the user information.
Final thoughts about Global poker
Global poker uses a unique model to offer legal real money poker in the United States and Canada. We cannot say it is the best room (no rakeback, high rake, rigorous cashout process), but is an option for USA poker players to keep in the online poker world. Beat The Fish also gives Global Poker high ratings, so, if you live in the USA, you must give a try to Global Poker: a soft field, good traffic, and legal money to your PayPal accounts sounds pretty good.
This is all guys about Global Poker, let's keep winning at the tables!
Juan, Worldpokerdeals team