Cake Poker Room Review
Cake Poker is the flagship site on the appropriately named Cake Network. They are a medium sized site overall but the 4th largest site or network to accept players from the USA. During peak times, which are approximately 20:30 GMT on most days, they average around 1,300 real money ring game players. Throughout the entire day they average approximately 900 cash game players. No Limit Hold’em and Pot Limit Omaha are the games of choice at Cake Poker, with light action at the Fixed Limit Hold’em and Pot Limit Omaha Hi/Lo tables. A tab for Stud is also available; however, there are currently no tables offered. For Sit N Gos and Multi-table tournaments, No Limit is also the dominate game, with over $4 million a month in guaranteed tournaments. Sit N Go tables are offered for Fixed Limit Hold’em, Pot Limit Omaha Hi/Lo and Pot Limit Omaha, but run relatively infrequently.
Cake Poker offers a sign-up bonus of 110% up to $600. To clear the bonus, players must earn 16.67 FPPs per $1 of bonus money. FPPs are earned based on the rake taken from the table at a rate of 0.50 FPPs per $1 in rake. No contribution to the pot is required to get credit for a FPP. At tournaments and Sit N Gos, 3.5 FPPs are awarded for each $1 in buy-in fees. All this equates to a clearance rate of 27% at full ring, 18% shorthanded and 21% at tournaments.
Players are also eligible for 33% rakeback at Cake Poker, also based on the dealt method. Bonuses are not deducted from MGR so players receive total returns of 60% at full ring, 51% shorthanded and 54% at tournaments when clearing a bonus with rakeback. Rakeback is paid to Cake Poker accounts every Thursday for the previous Wednesday through Tuesday period. Players can even monitor their rakeback directly from their account page. In addition to the bonuses not being deducted, none of the great in-house promotions such as the Gold Stacks Reward program, Gold Chips, Gold Card or Gold Sprees are deducted.
Cake Poker offers a huge amount of deposit options for players and even a few different choices for USA players. Americans can deposit with Usemywallet, an e-wallet; along with credit cards such as Visa, Mastercard and Electron, although your mileage will definitely vary with the latter. In addition to be able withdraw with Usemywallet, players can also withdraw via check; however, there is a $500 minimum. There is no fee on the first check withdrawal per month but the fee will be $35 on subsequent withdrawals. Non-USA options include e-wallets such as Neteller, Moneybookers, Ecocard, and Webmoney; credit and debit cards such as Visa, Mastercard, Solo, Maestro, Delta, Diners Club; and many region-specific options like Giropay (Germany), Poli (Australia), Laser (Ireland) and DK (Denmark).