For the month of March 2012, Cake Poker is holding a special $100,000 Points Race in which players can earn cash prizes of up to $7,500 a piece. More than 1,500 cash prizes in all are up for grabs.
There are five races in all, each with a $20,000 prize pool. Four of these five $20k races are weekly events, paying out the top 350 FPP earners. And one of these is a $20k monthly race, also paying out the top 350 FPP earners. The maximum prize a player can earn in any of these 5 periods is $1,500, making the combined total potential per player winning $7,500.
Players earn points in the race by accumulating FPPs (Frequent Player Points) with each FPP equal to one point in the race. Players entering late in a given week will still have as much chance to win big in this promotion as any other player, with the value from each weekly race’s points tally added to the player’s monthly points tally for the monthly race.
Players earn FPPs at both Cake Poker’s ring games and tournament tables at a rate of 1 FPP per $1 in rake at the ring game tables or 7 FPPs for every $1 in tournament fees paid.
The first place finisher in each race gets the $1,500 top prize. The runner-up then gets $1,000 with the third place finisher getting $750; fourth getting $500 and fifth getting $400, down to the 301th through 350th place finishers, each of whom will receive $15.