Category Archives: RakeTheRake

PokerStars is the driving force behind a historic occasion running from March 23rd to March 27th – the first ever live poker tournament in Greece. Dubbed the “Greek Poker Cup,” this event will feature a number of side tournaments along with a €1,000 + €100 Main Event. Fortunately, you can skip the €1,000 + €100 buy-in if you wish to play in this tournament because PokerStars is giving out €2,000 prize packages for the Main Event. In addition to covering your €1,100 buy-in, the prize packages will also cover a 5-night stay in the Club Hotel Casino Loutraki. Besides being …

If you love casino poker tournaments and rakeback, then you should really consider playing at Full Tilt Poker. Not only does Full Tilt offer 27% rakeback deals, but they are also giving out $3,500 prize packages for the DeepStacks Poker Tour’s World Poker Challenge. If you’re unfamiliar with the World Poker Challenge, this event takes place in Reno, Nevada at the Grand Sierra Resort; also, the poker tournament runs on March 12th and 13th. If you’re able to win one of the $3,500 prize packages that Full Tilt Poker is giving out, you will get your $2,600 Main Event buy-in …

So what’s Annie Duke been up to ever since she left UB Poker and their 30% rakeback deals? She’s been busy helping the Federated Sports and Gaming league finalize their poker tournament schedule. We finally got a glimpse of this schedule yesterday when Federated Sports and Gaming released it. The main points of the schedule is that it will feature four regular season tournaments, a $20,000 buy-in Main Event, none of the tournaments will charge rake, and all of the poker games will take place at the Palms Casino in Las Vegas. The first tournament will run from August 12th-19th …

Here’s a shocking find regarding the online poker industry: Zynga Poker, which runs the internet poker application for Facebook, is valued at over $7 billion. And what’s amazing about this fact is that Zynga only offers free poker games! The news of Zynga being worth over $7 billion comes after a Wall Street Journal article discussed the specifics of Zynga Poker and their holdem poker application. The article also talked about how Zynga is looking to promote their site even more by holding a 2011 PokerCon convention in Las Vegas. Getting back to the main issue at hand, how does …

RedStar Poker is already popular for their 33% rakeback deals that have allowed players to earn hundreds of extra dollars at the end of each month. But RedStar is about to get even more popular because they’re currently giving out $7,000 prize packages for the 2011 Irish Open. The Irish Open is Europe’s longest running poker tournament, and the second longest running tourney of all-time behind the WSOP. More importantly, the 2010 Irish Open offered a €2,265,200 ($3.1 million) prize pool, and England’s James Mitchell won the top prize of €600,000 ($812k). If you’re interested in playing for this kind …

As good as Full Tilt Poker pro Gus Hansen has been over the duration of his career, he has had some serious struggles during the last few years. At one point in 2010, Hansen was down over $7.7 million at Full Tilt; it’s a good thing that he had Full Tilt’s 27% rakeback deals to pay him back some of the losses! In any case, it looks like Hansen’s struggles are a thing of the past because he is currently dominating the online poker scene. Since the start of October, Hansen has earned over $5 million at the poker tables. …

Last time we heard from Peter Eastgate, he seemed to be distancing himself from casino poker in every way possible by putting his 2008 Main Event bracelet up for auction. And while most would consider this an omen that Eastgate is never coming back to poker, the PokerStars pro showed why you should never assume things after he officially came out of retirement yesterday. Eastgate made his formal announcement through an online poker blog that read, “Sometimes in life, a person can feel lost and wake up one morning not recognizing who he is. Last summer, that was how I …

Even if you favor online poker 100% over casino poker, you have to admit that it would be great to play in a land-based tournament where €1,000,000 is on the line. You especially have to admit that it would be great to play poker for this amount totally free of charge! But who would give you a free shot at a €1,000,000 prize pool? Well if you read the title of this poker news, then you’ve probably guessed that Everest Poker is who since they’re currently giving away $9,000 prize packages for their own Everest Poker One tournament. If you …

Did you ever play the game Snakes and Ladders as a kid? If not, who cares because the important thing is that PlayersOnly Poker is giving away $35,000 each month through their Snakes and Ladders promotion. And it’s interesting that PlayersOnly is giving away $35k in cash each month because they also offer 35% rakeback deals. Getting back to the promo, Snakes and Ladders works somewhat like the actual board game in that players earn VIP points throughout the month so they can “roll the dice.” And it’s definitely to your advantage to earn as many rolls as possible because …

Eric “basebaldy” Baldwin must have plenty of respect for the 30% rakeback deals at UB Poker since he quickly re-signed a two-year deal with them. Baldwin signed with UB back in 2009 shortly after winning a WSOP $1,500 holdem poker tournament along with $521,991. Just a week later, Baldwin took third in the $10,000 Pot-Limit Hold’em Championship, which earned him $259,534. In all, Baldwin has over $3.2 million in live poker tournament winnings. Aside from his obvious success at the poker tables, Baldwin has a pretty unique back story since he was a successful Division III collegiate baseball player at …