Archive for May, 2008

May
21st 2008
Cake Poker Rakeback

Posted under Poker

At Cake Poker rakeback is capped at 33%. This is slightly more than most online casinos are offering. An online poker player’s share of rake at Cake is calculated by the dealt method. The total rake is divided by the actual number of players in the hand and is deposited directly to the player’s account by the 5th of the following month. Tournament fees are included in the rakeback calculations, as are SnG fees. Bonuses are deducted from the rake, as are deposit fees.

While it is a relatively new site, the attractive CakePoker.com rakeback program is showing steady growth, as is the popularity of its tournaments.  Cake also offers a unique reward program called Gold Cards. In this program players collect cards through play at real money ring games. These Gold Cards may be redeemed in the Gold Card Daily Lottery for cash, prizes or tournament tickets. Certain combinations of Gold Cards may be redeemed for Series 1 Guaranteed Prizes. If players collect all 52 unique Series 1 Gold Cards, or have the most unique Deck One Gold Cards after the last one is given away, they may redeem the cards for the Deck One $52,000 Jackpot.

Players may use CakePoker rakeback fees to fund their accounts and help them earn gold chips. Gold chips are earned for playing frequently and accumulating FPP or frequent player points. Each time a player enters a real money game they must pay the rake, and any time a play enters a tournament they pay an entrance fee. The poker rakeback helps pay these fees. Once a player accumulates enough FFPs to fill their chip meter, they receive a gold chips. Gold chips can also be used to enter poker tournaments, or saved to spend in the CakePoker.com Shop.

Cake Poker rakeback accumulates quickly if you play frequently at the site. You will also earn for referring friends and acquaintances. You really can have your Cake and eat it too!

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