Just found this, checked the whitepaper and can't believe what I just read. Even more confusing is the fact people have invested tens of millions dollars to this. Plus that there is pages of conversation about the subject on multiple sites and almost everybody ignores pretty important fact:

The fact is that Coinpoker chips (CHP) are actually nothing else than play money poker chips! Yes you read correctly. There is absolutely no reason whatsoever why those chips should have any value. They just have made new pokersite based on blockchain, printed 500,000,000 poker chips to play with and claim that those chips should have some value based on demand or something like that. Why would anybody pay anything for tokens that can only be used to play poker in their platform, no-one quarantees any value for chips and those cannot be used for anything else. They are just like any other play money except they have limited supply, that of course shouldn't give them any value, anybody can print any tokens they like everyday. E.g. if pokerstars limited their play money chips to 500,000,000 and opened exchange to buy/sell those, does that give them value? Well it would be exactly like this. Of course it seems that people for some mysterious reason are giving them value buy partipating in their ICO:s and buying those. Sadly for those who have invested, the prize of CHP:s should be zero soon after those chips open to exchange.

And if for some reason those chips held value some time after exchange opened and playing had begun there would be some problematic possibilities. Few examples:

1. What happens when winner(s) of opening tournaments want to cash out.. There are pretty big added value put in those tournaments + normal buyins so winners would get at least millions of those chips. Those big winners/runner ups etc. would likely to want cash out after tournament.. Well what happens when all winners go to exchange at the same time to try to sell those piles of chips (= even multiple % of total supply of coins) to get real money.. There most likely isn't even close enough volume in market to make those sell orders happen at current prize if at all. So you buy CHP:s at 0.3$ or something per unit before tournament and if u happen to win u cant sell those tokens anywhere close that prize.. Only thing you can try is to sell small portions at a time and hope that value of chip doesn't go down. This applies to any other big cashout as well.

2. Since there is 4% rake that eats available tokens at fast rate, Coinpoker has to sell those coins back to circulation in exchange which itself lowers coin prize if inflow/outflow otherwise is balanced.

3. If overall interest for any reason to play at Coinpoker decreases, coin starts to lose value because more selling than buying happens, which even more accelerates people leaving from site ---> value decreases.. ultimately this leads to coins having zero value. Of course even earlier when there is not enough growth potential left there would be massive sell offs at some point by ICO/crypto investors who wasn't interested in poker anyway ---> prize crashes down, people starts to leave ---> and so on..

There are numerous other problematic instances I could mention but there shouldn't be any reason to consider anything like that at all. The coin should have zero value to start with, there are multiple sites and platforms to play with printed tokens, there is no difference in comparison to this.