$1,000 Poker Milestone
April 7th, 2008 by KenricShort poker post today. Just wanted to put a screen shot up from last weekend. I’ve been playing alot of $0.10/$0.20 at Cake Poker instead of Pokerstars.
My friend told me that the competition was easier at Cake compared to Pokerstars. Cake’s poker software isn’t that great. It’s got a bunch of bugs and they don’t have many tables to choose from. I don’t know if it’s easier than PStars, but one big benefit is that it’s got 33% rakeback. On rakeback alone I made over $100 last month playing at these really low stakes.
I took a few shots at $0.25/$0.50 this weekend. It didn’t seem much harder than my current level, but I need to increase my roll to at least $1,500 before I can move up.
Posted in $1 to $1000 poker challenge | 
Stumble it!
Don’t know much about online poker. Rakeback?
By Al Young on Apr 7, 2008
Hi Al,
When you play poker at a casino, they take a small amount from each pot called the “rake”. This is how they make money on poker tables.
As an example, if there are 3 people in the hand and the pot is $100. Let’s say the casino takes 3% rake. That means that the casino would take $3 from that pot.
Since there are 3 people in the hand, each player contributed $1 to the rake.
Online poker sites give you some of that rake back, hence “rakeback” as an incentive for you to play at the site.
Since I get 33% rakeback at Cake, I would get $0.33 back for playing in this hand. This adds up over the course of 1000’s of hands to become a decent amount of money.
By Kenric on Apr 8, 2008
I never tried online pocker…Is it difficullt to won some amount from it?…I always heard that most players are lost than gain something. Seems you know very well how to play…
By Alyn on Apr 10, 2008