Cake Poker Changes Guaranteed Tournaments

Cake Poker recently announced they have enlarged their guaranteed tournaments at the online poker room. The site has also created new events which will reward players with $100 in daily prizes as well as over $500 each week in prizes.

The new list of multi-table tournaments offers nine daily guaranteed events and buy-ins start at $22 to $3,000 for the Turbo Bounty Guarantee game and $162 buy-in for the $20,000 guaranteed tournament. Cake Poker also stated that the enlarged offering of tournaments was due to analysis of their competitor’s lineups as well as their consultation with Lee Jones the Card Room Manager and poker pros Eric Lynch and Serge Ravitch.

Cake Poker’s $100,000 guaranteed tournament is now replaced with a $250,000 guaranteed tournament on the last Sunday of each month. Players are able to win seats via daily satellites or pay the buy-in directly.

“We found the most popular $50 tournament on the Internet and parked our $50 tournament right behind it,” said Jones. “Now, our players can play at CakePoker.com along with our competitor’s event. We are putting much more emphasis on freeze out tournaments rather than on rebuys and add-ons. We believe this is better for most players and they seem to prefer it.”