Category Archives: RakeTheRake News

When Jerry Yang won the 2007 WSOP Main Event along with $8.25 million, it literally seemed like his prayers had been answered. After all, Yang is notorious for pleading with God to help him out with every big hand during the 2007 ME. But perhaps the poker champ has missed a few too many days of church lately since the Internal Revenue Service is coming after him for hundreds of thousands of dollars in back taxes. The IRS has already seized his Main Event gold bracelet along with a number of expensive watches, gold necklaces and a piece of property. …

888poker has always been known for holding some of the bigger tournaments in the poker industry. But now they’ve unleashed a whale of a tournament that offers a $250,000 guaranteed prize pool. Dubbed “The Whale”, this event happens on the fourth Sunday of every month at 19:00 GMT. And what truly stands out about The Whale is that the winner walks away with at least $60,000! Assuming you’re interested in playing for this kind of money, you should visit the 888poker software and look under the “Tournaments” tab and “Challenges” button. Once here, you’ll find that the direct buy-in is …

It’s pretty hard to build a bankroll by playing puny $100 and $200 freerolls – especially when thousands of players are involved. That said, Bovada Poker isn’t one for tiny freerolls because they run $7,500 free poker tournaments on the second and fourth Saturdays of every month. Seeing as how there’s so much cash in these freerolls, you could earn a huge payout just by final tabling a $7.5k tourney. The top 20% of the field cashes while first place will earn $1,000! What’s nice is that there are a variety of ways to get into these freerolls, and you …

In the spirit of its US-friendly status, Americas Cardroom has always employed a red, white and blue appearance. However, they recently scrapped this look in favor of a sleeker, more aesthetically pleasing website. One of the main reasons behind the change is that ACR wants to make players feel as if they’re in a lavish, high stakes environment. Michael Harris, who is ACR’s spokesman, discussed the changes by stating: “We wanted our online home to recreate the same high-end, VIP feel that players enjoy in person when they join us in Peru for the Latin Series of Poker or the …

For years, the online poker ecosystem saw sharks and fish dispersed relatively evenly throughout various stakes. And this naturally-formed model worked well for years as poker sites and professional grinders profited off new and unskilled beginners. However, online poker rooms have begun to see their profits taper off in recent times since new players aren’t sticking around like they used to. The primary blame has been directed at multi-tabling regulars as well as bum hunters, who refuse to click an open seat unless they have an edge. And while professionals do provide benefits to the poker community, they’re often believed …

From May 3rd – 9th, the World Poker Tour will unveil their newest event in the Canadian Spring Poker Championship. The WPT Canadian Spring Poker Championship will be held at the Playground Poker Club in Montreal, and it promises to offer at least a six-figure prize pool. If you’re interested in taking on the pros in Montreal, you can win a $6,500 prize package for cheap at Party Poker. Up until April 21st, Party Poker are running a wide range of freerolls and satellites where the prize packages are up for grabs. Just think…you could be competing against top pros …

When it comes to tournament series, Carbon Poker is best known for their Poker Maximus event. However, they’re looking to establish a brand new event in the Turbo Online Poker Series, which will run from March 28th-31st, 2013. Turbo OPS is going to offer $100,000 guaranteed over the course of 14 tournaments. And as the series name implies, each event is a turbo tourney, where quick blind levels ensure fast-paced action. Those interested in Turbo OPS can either pay direct tournament buy-ins or opt for the satellites that are currently running. Let’s discuss the satellites and tourneys further along with …

The US-friendly poker site Americas Cardroom is currently gearing up for one of their biggest tournaments ever. On April 7th at 7:00pm ET, ACR will hold a $200,000 Guaranteed event, which players can buy into for $200 + $15. However, some lucky players will be able to bypass the $215 buy-in and enter the $200k Guaranteed completely free! That’s because ACR is currently holding Depositors’ Freerolls, where $200k GTD seats are the prize. You can see the remaining freerolls below: Depositors Freeroll on Saturday, March 23rd at 12:00pm; top four players each win a $200k GTD seat ($215 value). Depositors …

2004 WSOP Main Event Champion Greg Raymer has received a misdemeanour prostitution charge and one charge of attempted crime against nature when he arranged to meet a prostitute in a North Carolina Hotel, but was instead greeted by a police officer. Wake Forest Police explained that the 48-year-old poker pro – known on the poker circuit as Fossilman – was one of six men to respond to advertisements placed by undercover police on a website that prostitutes use to arrange meetings with prospective clients. When Greg Raymer showed up for his date with a prostitute, he was almost certainly sorely …

Last year’s Italian Poker Open Main Event was fairly large with a $422,539 prize pool up for grabs. Italy’s Elios Gualdi won the tournament and scooped a $77,228 payout following a final table deal with second place finisher Massimiliano Bellucci ($71,789). But you can throw everything that happened at last year’s event out the window because the 2013 Italian Poker Open will offer a boosted €1,000,000 ($1.3m) guaranteed prize pool! This is more than double what players competed for in 2012, and the winner should walk away with hundreds of thousands of euros. If this sounds like a thrilling prospect …