Cake Poker

[rob]

I caught word last night from one of you all that Cake no longer allows props (not our team, not taking signups) at NL games below 2/4. What this means for you is that the 1/2NL and lower games just got a lot softer. It might be a good time to give them a go: http://www.rakebacknation.com/cake-poker/.

Rob

[ringb39]

I wouldn't have thought it was possible for them to get much softer.

[g3m]

i didnt know we had a cake poker prop deal

[Barton]

It's a standard 33% rakeback deal with no rules

[EricBlade]

No, no, they just got a lot softer because I started playing there again :(

[SplashMaster]

if we get the rakeback deal, are we eligible for rewards? I know we cant get the sign up bonus, but how bout the promotions the site offers?

thanks

[rob]

You are eligible for bonuses and rewards if you're a rakeback player.

[dsepe]

1) can we use Epassporte?

2) re-sizable tables?

3) what is the current sign-up bonus?

[SplashMaster]

You are eligible for bonuses and rewards if you're a rakeback player.

great, thanks Rob

[killab2482]

don't they take out all the promotions from our pay...For example, if we get an ipod or win a tourney with a gold card, don't they then subtract this ammount from our monthly pay. I believe this works with bonuses also. They simply subtract the bonus money from our rb money, so we cannot get both...Just wondering if this still holds true..thanks

[SplashMaster]

You are eligible for bonuses and rewards if you're a rakeback player.

wait the sign up bonus too, Rob? it said "BONUS" deducted

[cainer]

I had a rakeback account on redstar and i would guess it works the same on cake poker(same skin)

If u win anything from using your gold chips in a tourney, its your to keep

Same goes for the gold card, but, if u cash in a gold card for money, then that is subtracted

As for the sign up bonus, u get it but, not actually all of it. Ill explain

U deposit $500 and u will get a $500 sign up bonus as well. Lets say for the mnth, u generate $200 in rake. With the %33 rakeback u would then get paid $66 for that month, but, instead you have to subtract your bonuses that u cleared from the $200. Lets say u made $50 in bonuses, your then net rake would be $150 and not the $200. U would then get %33 rakeback on that $150 and/or recieve at months end $50 instead of the $68.

Final conclusion, with sign up bonus and rakeback on $200 rake generated u would get $50 in bonus money and $50 in rakeback for a total of $100


Without the sign up bopnus and a straight %33 rakeback deal would get u only $68. So, the bonus is beneficial. $32 less on straight rakeback of %33 as shown above expample.

[SplashMaster]

I had a rakeback account on redstar and i would guess it works the same on cake poker(same skin)

If u win anything from using your gold chips in a tourney, its your to keep

Same goes for the gold card, but, if u cash in a gold card for money, then that is subtracted

As for the sign up bonus, u get it but, not actually all of it. Ill explain

U deposit $500 and u will get a $500 sign up bonus as well. Lets say for the mnth, u generate $200 in rake. With the %33 rakeback u would then get paid $66 for that month, but, instead you have to subtract your bonuses that u cleared from the $200. Lets say u made $50 in bonuses, your then net rake would be $150 and not the $200. U would then get %33 rakeback on that $150 and/or recieve at months end $50 instead of the $68.

Final conclusion, with sign up bonus and rakeback on $200 rake generated u would get $50 in bonus money and $50 in rakeback for a total of $100


Without the sign up bopnus and a straight %33 rakeback deal would get u only $68. So, the bonus is beneficial. $32 less on straight rakeback of %33 as shown above expample.


hey cainer,
thanks for the info

[rob]

I had a rakeback account on redstar and i would guess it works the same on cake poker(same skin)

If u win anything from using your gold chips in a tourney, its your to keep

Same goes for the gold card, but, if u cash in a gold card for money, then that is subtracted

As for the sign up bonus, u get it but, not actually all of it. Ill explain

U deposit $500 and u will get a $500 sign up bonus as well. Lets say for the mnth, u generate $200 in rake. With the %33 rakeback u would then get paid $66 for that month, but, instead you have to subtract your bonuses that u cleared from the $200. Lets say u made $50 in bonuses, your then net rake would be $150 and not the $200. U would then get %33 rakeback on that $150 and/or recieve at months end $50 instead of the $68.

Final conclusion, with sign up bonus and rakeback on $200 rake generated u would get $50 in bonus money and $50 in rakeback for a total of $100


Without the sign up bopnus and a straight %33 rakeback deal would get u only $68. So, the bonus is beneficial. $32 less on straight rakeback of %33 as shown above expample.

Right on. Bonuses are deducted from total rake before the 33% is taken.

They also 'have the right' to deduct deposit fees, promotional gifts and other things, but from our reports it doesn't look like they're making those deductions yet. I would expect them to do so as they grow.

Rob

[Barton]

They deduct deposit fees from their prop team. 8% for epass. (no new hires so don't bother looking)

[cainer]

I was at red star(until my bonus cleared) and i never had any deposit fees or withdraw fees charged

[Azspock]

Hey Rob,
Just signed up to be a prop for Cake through myhfriend Same Hong, and deposited money into the account to finally get started. Will I get a bonus on the deposit, since I havenever played at CAKE. And I am going to wait to play anyways until I get conformation? Azspock :)

[Barton]

You will get a bonus but they will deduct it from your prop pay