Cake Poker Rakeback
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Cake Poker is an online poker site known for their frequent tournaments, varied game types and soft competition. In addition, Cake Poker provides a rakeback program in which you can receive up to 33% of your paid rake directly back in your account. This is done through a multifaceted VIP program known as Cake Rewards. Within the Cake Poker rakeback program you'll find three separate programs: Gold Stacks, Gold Chips, and Gold Cards.
Cake Poke Rakeback: Gold Chips
As you play real money raked hands at Cake Poker, you'll automatically earn Frequent Player Points. These Points are then automatically turned into Gold Chips. You can redeem these Gold Chips for free tournament play or use them at the Cake Shop.
As you gain more and more Gold Chips, you'll need less Frequent Player Points to earn a single Gold Chip. See the table below for the conversion rates:
- First Gold Chip costs 120 Frequent Player Points
- Second Gold Chip costs 115 Frequent Player Points
- Third Gold Chip costs 105 Frequent Player Points
- Fourth Gold Chip costs 90 Frequent Player Points
- Fifth Gold Chip costs 70 Frequent Player Points
- Sixth Gold Chip costs no Frequent Player Points
- Seventh Gold Chip (and each chip thereafter) costs 70 Frequent Player Points
For each dollar that Cake Poker collects as rake, you'll earn one Frequent Player Point. Cake Poker calculates this down to the very cent, so if the house collects $1.36 in rake, you'll receive 1.36 Frequent Player Points. You'll also earn 7 Frequent Player Points for every dollar you pay towards a tournament fee. In this way, you can earn Frequent Player Points and Gold Chips regardless of whether you play ring games or tournaments.
Cake Poker Rakeback: Gold Stacks
As you gain more and more Gold Chips, they'll turn into Gold Stacks. These Gold Stacks are then automatically converted into Cake rakeback rewards. The more Gold Stacks you get, the higher your cash bonuses will be. The amount of Gold Chips required to make a Gold Stack depends on your Gold Stack level. You can view your Gold Stack level by logging into Cake Poker, clicking on My Account and clicking the Gold Stacks tab. There are fifty levels in total, and in order to maintain your level after level 10 you'll need to earn at least three Gold Chips every two months. At the highest Gold Stack level, you'll be able to receive the maximum 33% Cake Poker rakeback amount.
Cake Poker Rakeback: Gold Card
Gold Cards are an interesting promotion held at Cake Poker that allow you to earn even more Cake Poker rakeback. Gold Cards are handed out to players in ring games when the table hits a certain rake amount. You can be eligible to receive a Gold Card even if you don't pursue the hand. Gold Cards are awarded based on the table's overall rake, and don't require you to do anything personally. In this way, you might receive a gold card after your first hand at the table. Gold Cards are handed out to players at all table limits, though they're more common at the higher stakes tables.
A Gold Card can be any suit and any value. The Ace of Spades is the rarest and most valuable Gold Card by far, and the odds of receiving one are 1 in 5,000,000. By contrast, the 2 of Clubs is the most common card, with odds of 1 in 7. Gold Cards also include a year, and older cards are generally more valuable than newer ones.
You can turn in one or more Gold Cards for a cash reward, a prize or a free tournament entry. This can significantly bolster the 33% maximum Cake Poker rakeback, depending on how lucky you are with receiving Gold Cards.
Cake Poker rakeback is done in an interesting fashion that provides for more fun than the basic VIP programs offered by most online poker sites. Perhaps more importantly, the Cake Poker rakeback program is extremely lucrative and allows you to earn a significant portion of your rake back into your account. For any questions about Cake Poker rakeback, be sure to contact Cake Poker support.
