Rake chases are poker promotions which are incentives for players to rake more and reward them generously for that.
In contrary to a rake race, you don’t compete against other players , but instead chase your own individual targets.
In order to hit the points targets you need to play a certain amount of poker hands or tournaments for real money.
As soon as you hit the points requirement, you have secured yourself the amount of money, which was preset for the respective level.
You can see the exact requirements and payouts in the table of the chase. They are varying from site to site, but on average equal 10%-15% rakeback, which is paid on top of your rewards.
That means, Rake Chases allow you to win extra money on top of your rakeback! They are often beneficial for the players as they offer multiple targets you can aim for.
Within the rake chase promotion itself, you can see the number of points you have at the moment and how many more you need to reach the next level at any time.
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What is TP in WPT poker? Tournament Points (TPs) are used to buy into VIP tournaments on ClubWPT. All players start with a fixed amount of TPs (500) upon opening a VIP account. They cannot be reloaded, but will be automatically “topped up” once per day.
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A 40x wagering requirement means you must place bets totaling 40 times the bonus amount before you can withdraw the bonus-linked winnings. For example, if you get a $100 bonus, you would need to wager $4,000 before the bonus is cleared and eligible for withdrawal.
This rule is common in casino and sportsbook promotions, and it helps the site make sure the bonus is used in play before cashing out. For example, a $25 bonus with a 40x requirement means $1,000 in total wagering, which can take a while depending on how much you bet each round.
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Do All Bonuses Have Wager Requirements? No, not all bonuses have wager requirements. Many online casino bonuses require you to bet a certain amount before withdrawing winnings, but no-wager bonuses let you cash out right away. For example, a $100 welcome bonus with 30x wagering means you must bet $3,000 first.
Wagering rules work like this: if you get a $50 free spins bonus at 20x wagering, you need to wager $1,000 total on slots or other games.
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Tournament Points (TPs) are used to buy into VIP tournaments on ClubWPT. All players start with a fixed amount of TPs (500) upon opening a VIP account. They cannot be reloaded but will be automatically “topped up” once per day.
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What is TP in WPT poker? Tournament Points (TPs) are used to buy into VIP tournaments on ClubWPT. All players start with a fixed amount of TPs (500) upon opening a VIP account. They cannot be reloaded, but will be automatically “topped up” once per day.