Pay No Rake Now Available on TheNuts


By TheNuts - Mar 25, 2014

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Pay No Rake Now Available On TheNuts

We are excited to announce the addition of the Chico Network poker room Pay No Rake, now offering players up to 100% rakeback. No, that's not a typo - every poker players dream has become a reality.

Rakeback payments on Pay No Rake are awarded every day at 2am EST, with the amount you receive back being determined by the following formula: 

100% + (profit / - rake) over the past 60 days (rolling) 

Thus, if a player collected $1,000 in profit and raked $2,000 over the past 60 days they would receive: 

100% + ($1,000 / -$2,000)

= 1 + (-.5)

= 1 - .5

= .5, or 50% rakeback.

Had a rough run at the tables? Based on the formula above if your profit over the last 60 days is negative than you'll be pulling in 100% rakeback to make up for it.

In addition to their remarkable rewards structure, Pay No Rake is awarding players with instant cash bonuses of up to $130. To claim yours simply deposit using one of the following bonus codes and enjoy the free cash:

Code: GET5 - Use when depositing $50 or more and receive $5 paid instantly into your poker account.

Code: GET10 - Use when depositing $100 or more and receive $10 paid instantly into your poker account.

Code: GET30 - Use when depositing $250 or more and receive $30 paid instantly into your poker account.

Code: GET60 - Use when depositing $500 or more and receive $60 paid instantly into your poker account.

Code: GET130 - Use when depositing $999 or more and receive $130 paid instantly into your poker account.

Pay No Rake also has a growing lineup of guaranteed tournaments and some of the best cash games around. Sign-up today through TheNuts and make rake a thing of the past.

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