RakeTheRake News - Rakeback News

Let’s be honest, nobody wants to play a real game of Russian roulette! But Cake Poker has made this potentially lethal game both entertaining and lucrative through a new and exclusive leaderboard promotion that they’re running – and you’ll be pleased to hear that there are no real guns or bullets involved! The Russian Roulette leaderboard promo will give away $4,000 in cash prizes from now until May 12th. There are four $1,000 weekly leaderboard races during this period, and those online poker players who generate the most rake in Russian Roulette ring games and tournaments will earn money. Here’s …

Towards the end of last year, Party Poker ran their first major online poker tournament series, and it offered millions of dollars along with dozens of tourneys. Just a few months later, Party Poker is already gearing up for Pokerfest II, which will offer $3.5 million over the course of 47 tournaments. Pokerfest II starts on April 22nd, 2012, and ends on May 6th with a $1 million guaranteed Main Event. It’s also worth mentioning that an extra $50,000 in cash, iPads, and a $14,000 WSOP prize package will be awarded throughout the course of the 47 poker tournaments. Before …

American poker pro Scott Seiver earned one of the biggest tournament victories of his decorated career by winning Party Poker Premier League V. And with the Premier League V lineup loaded with top pros such as Patrik Antonius, Tony G, Bertrand “ElkY” Grospellier, Andy Frankenberger, Eugene Katchalov, Luke Schwartz, Erik Seidel and Vanessa Selbst, this win was no small feat for Seiver. What’s unique about Premier League V is that amateur players got the opportunity to compete with all of these world-famous pros through prize packages. Interestingly enough, one of the prize package qualifiers – Matt Frankland – actually managed …

Things only seem to keep getting better for British poker pro Sam Trickett, and the most recent development in this rising poker star’s story was his win and record cash game pot in Macau! The Nottingham native let the poker world know about his good fortune by tweeting, “Been playing for 12 hours now, just won my biggest pot ever…1st time I have been on the right end of a massive pot all year.” Details are scarce on the exact size of the pot, but it has to be larger than the US$2.5 million hand he won a few months …

As some online poker players will already know, return on investment (ROI) is used to measure your overall success in poker tournaments. However, even players who thoroughly understand ROI don’t always consider how much their profitability can be influenced by a rakeback deal. But before we move on to this subject, let’s do a quick overview of how ROI works for those who aren’t totally clear on what the term means. Return on investment is measured with this simple formula: (Tournament Winnings – Buy-ins)  ÷ Buy-ins × 100 = ROI % To give an example of this formula in action, let’s …