Total Free Money Earned

Redeems: $280,439

BTC Rate: $70699.93

Page 1 of 3 123 LastLast
Results 1 to 10 of 27
  1. #1
    Master Sergeant
    Join Date
    Jan 2011
    Posts
    76

    Post Cake Poker Network Partners With PokerListngs

    Over the last few weeks, rumors have been circulating in the industry that the troubled Cake Poker Network had been purchased by mega-affiliate Poker Listings. The truth finally came out today when Poker Listings confirmed the rumors by stating that they have undertaken ?a strategic partnership? with the Cake Poker Network and that they expect to drive a ?minimum of 2,000 new depositing players to the site per month.?

    In the last year, many industry observers have wondered aloud about the future of the network. Cake Poker has seen its traffic decrease by over 60%, be a part of well-publicized security issue and see the departure of cardroom manager Lee Jones. Many have even feared -- especially after Doyles Room left Cake Poker -- that the network could collapse as liquidity dried up. Many of these fears will undoubtedly be eased with the Poker Listings partnership.

    With our plentiful industry contacts, we heard a lot of the rumors about the Cake sale in recent weeks. We took particular note that the top two sites listed on the Poker Listings front page were both Cake skins -- Cake Poker and Juicy Stakes Poker (there are now three at the top of their list). This change occurred sometime between December and March; Poker Listings previously had Sportsbook and UB as their top US sites (thanks TimPAS). Being a bonus guy, I took particular notice to the unusual sign-up bonus of 110% up to $1,000 available at both sites. I don?t know if I have ever seen such a large bonus on the Cake Poker network, which is much higher than the ?maximum? amount allowed -- 110% up to $600. Poker Listings seems to allude to the special promotions in the press release by stating that ?fantastic deals? will be in store for players referred by Poker Listings.

    What The Partnership Means For Cake

    So what does the purchase of Cake Poker by Poker Listings mean to the network? First of all, there is no doubt Poker Listings is a force in the industry and has some very smart people at their organization. Most major affiliates in the industry are certainly well aware of this. So do they have what it takes to turn Cake Poker around? If Cake Poker was indeed in trouble ? which certainly seemed to be the case ? then the sale is probably a *good* thing. Here we have some very smart people with extensive industry success who believe they can turn around what some see as a ?sinking ship.? Yeah, I think that?s better than a worse-case scenario that could have had players and affiliate possibly losing money.

    The 6 month traffic chart for Cake Poker looks terrible, and if you were to go back another 6 months it would look even worse. If I were to own a room, I don?t think I?d want to own them, honestly. But at least one major affiliate believes they can buy low and sell high, even claiming to be able to send 2,000 real money players to the network per month. And who are we to doubt them? Having rooms listed as #1- #3 on the Poker Listings home page -- along with their huge clout elsewhere (a Cake graphic takes up almost ½ of the ?above the fold? space) -- would presumably send a lot of traffic to the network. But will it be enough to stop the slide? Affiliates may also wonder how the sale will affect them, if at all. I don?t believe there is a track record of a network being owned by an affiliate, so we don?t really know how that will shake out. Combine this with the uncertainty that surrounds a company any time there is new ownership, and it?s all a bit of ?who the hell knows? what will happen.

  2. #2
    Elite PokerOwned Member GIOMi6's Avatar
    Join Date
    Jan 2011
    Posts
    646
    That is great news for the Cake poker network I think.

  3. #3
    PokerOwned God wagon596's Avatar
    Join Date
    Jan 2011
    Posts
    2,694
    Cake Poker withdrawel method sucks,,min. check has to be $500,,,have you heard of anything so stupid
    " JUST KILLIN TIME,,, WAITING FOR TIME TO KILL ME,,,"

  4. #4
    -(^_^)- ProBlackbird's Avatar
    Join Date
    Nov 2010
    Posts
    3,934
    You can always used E-Wallet to withdrawn money in Cake Poker
    PokerStars: ProBlackbird | Betsson: ProBlackbird | Party Poker: UnknownFlush

  5. #5
    PokerOwned Pro
    Join Date
    Jan 2011
    Posts
    199
    I played on Cakepoker once. my experience was bad though.

  6. #6
    PokerOwned Master
    Join Date
    Mar 2011
    Posts
    377
    how have the cake sight been since doylesroom left to go join truepoker?

  7. #7
    Knight-Lieutenant
    Join Date
    Dec 2010
    Posts
    278
    I don't like Cake Poker horrible interface next to merge sites. Good thing Doyles Room split with the network

  8. #8
    Sergeant
    Join Date
    Mar 2011
    Posts
    66
    Well I think poker listings made mistake with that move. I heard that Cake network has problems with Security.

  9. #9
    PokerOwned Master DeadlySilent's Avatar
    Join Date
    Mar 2011
    Posts
    289
    It will be interesting to see if they can turn the network around, I would start with a few changes to the overall look of the card room/tables. I know I was one of those players that left that was mentioned.

  10. #10
    Private
    Join Date
    Mar 2011
    Posts
    5
    I like poker , because is seriously site

Page 1 of 3 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •