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Jul 11, 2012

Cake Poker Tournaments Offering Huge Overlays

By RTR Dennis

One of our favorite topics as of late has been the major changes made to the Cake Poker tournament line-up. Their move to the Revolution Gaming network has brought plenty of huge guaranteed poker tournaments with it, including both a $100,000 Guaranteed and $65,000 Guaranteed Super Stack.

Obviously there’s some big money to be won through these tourneys, but what you may not know is that Cake are covering a large part of the prize pool due to overlays. Seeing as these prize pool discrepancies offer major expected value to players, it’s definitely worth taking a look at some recent Cake Poker tournament overlays.

$100k Guaranteed features $25k Overlay
On June 18th, 2012, we checked out the $100,000 Guaranteed and saw that only 748 players anted up the $100 + $9 buy-in. What’s significant about this is that the players only covered $74,800 of the prize pool – meaning Cake had to cover the other $25,200. Essentially, the entrants got a free $25k added to the prize pool, which is some amazing value! As for the tournament’s results, “makkar” took first place along with $18,750.

$65k Guaranteed offers $16k Overlay
The great deals continued on June 18th since the $65,000 Guaranteed Super Stack event saw just 98 players pay the $500 + $30 buy-in to enter. Their buy-ins covered $49,000 of the prize pool while Cake fronted the remaining $16,000. “Suvaline4” was the biggest recipient of this high roller event after collecting $17,875 for winning.

Tournament Schedule
If you’re interested in playing either of these overlay-happy tournaments, keep in mind that they run every week at the following day/time

  • Sunday at 4pm ET – $100,000 Guaranteed, $100 + $9 buy-in

  • Sunday at 5pm ET – $65,000 Guaranteed Super Stack, $500 + $30 buy-in
Cake Poker Rakeback and New Player Deals
When looking at buy-ins for the aforementioned tourneys, keep in mind that you’ll get a 36% rakeback deal when you sign up at Cake Poker through RakeTheRake. To illustrate how much this deal can help, let’s assume that you take the plunge and play in the $65k Guaranteed ($500 + $30 buy-in); you’d receive a sizable $10.80 in rakeback ($30 x 0.36).
In addition to this, RakeTheRake players will get a 200% match deposit bonus up to $2,000 and a ticket for the $500 New Depositor Freeroll. Based on these great bonuses, the big overlays, and the rakeback deal, there’s never been a better time to play at Cake Poker!