Rakerace.com is proud to be the first to give you an inside scoop on this promotion, as for it is hot off the press.
The dates and fine points of the promotion have been confirmed by the Cake network and the full overview can be found below.
Most (probably all) of the poker rooms belonging to the Cake Network will be taking part in this promotion, but this information has not yet been set in concrete.
The rooms that Rakerace.com can confirm that will be participating in this promotion include Cake Poker, Doyle’s Room and RedStar Poker.
Starting April 1st the Cake Poker Network will be showcasing a $150K Network Wide Rake Race called the ‘150K Points Race’.
The $150K Points Race will consist of four Weekly Races and one Monthly Race, giving players five chances to claim a share of $150,000.
The main goal in this promotion is to collect FPP Points at real money cash game or tournament tables. Players will receive one race point for each FPP acquired during gameplay.
$25,000 Weekly Races
Four Weekly Races will pay the top 200 point earners a share of $25,000.
Race 1: April 1st to April 9th (Race 1 is a nine day week)
Race 2: April 10th to April 16th
Race 3: April 17th to April 23rd
Race 4: April 24th to April 30th
There will be 200 weekly winners, with the first place taking home $1500 to add to their bankroll.
The full payout structure is as listed in the table below:
$50,000 Monthly Race
All four Weekly Race point totals will be combined in the Monthly Race where the top 300 will earn a share of $50,000, with first place taking home $3500.
For the monthly race the value of FPPs will increase each week with Week 2 points being multiplied by TWO, Week 3 points by THREE and Week 4 points by FOUR.
The full payout structure is as listed in the table below.
Rules for Earning FPPs
When players are dealt cards in a real money ring game, they will earn 1 FPP for every dollar raked. In tournament play, they will earn 7 FPPs per dollar in tournament fees paid.
Notice for players receiving rakeback
Players that receive rakeback at the Cake Poker Network will acquire Race Points at a doubled rate during the race period.
For example, if a rakeback player earns 1 FPP, they will receive 2 Points Race points.
Don't forget to make the most out of the Cake Network's exclusive races happening this March at Rakerace.com which include:
Doyle's Room Exclusive $3000 Rake Race
RedStar Poker Exclusive Rake Chase
