PartyPoker launches new Million Dollar Rake Race

by LTDPipkin 1. May 2009 09:33

Starting today, players on PartyPoker will have a chance to race their way to a share of $1 million. This week, the site announced one of the richest rake races ever held online. The announcement comes just a few days before the third running of the PartyPoker Monthly Million Tournament.

First place in the PartyPoker $1 Million Rake Race will take home $20,000 in cash plus a $20,000 prize package to the upcoming World Series of Poker (WSOP) in Las Vegas. The PartyPoker Rake Race will run for the entire month of May, all you have to do is generate as many Race Points as possible.

Rake Points are different from PartyPoints and will be calculated based on the rake taken in a real money cash game hand. Race Points are calculated by taking the total rake per user per hour and dividing it by the total number of hands played over the same time period. That figure is then multiplied by the number of raked hands played. A special multiplier is also used and is determined by a player’s rake divided by the total number of hands played.

All players will be able to check how they are doing on The leader board which will be updated at least once an hour so you can see where you stand.

The runner up at the end of May will take home $18,000 plus a $20,000 WSOP package, third place $15,000 and a WSOP package, fourth place earns $10,000, and the top 3,000 players will finish in the money.

The fourth through tenth place finishers plus the players who finish in 50th, 100th, 300th, 500th, 750th, and 1,000th will win a $5,500 WSOP Experience prize package. These consist of one $1,500 buy-in to a side event of a player’s choosing, seven nights’ hotel accommodations, and travel for two. In addition, winners of the package have the ability to experience the following great extras during their stay, including trips to nearby attractions such as the Grand Canyon, Hoover Dam, Las Vegas Motor Speedway, and Red Rock Canyon. Alternately, players can cruise the famed Las Vegas Strip in a helicopter or drive through the desert in a dune buggy.

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