Cake Poker (USA OK) offer 'Gold Chip Lover' Sit & Go events offering both Gold Chip buy-ins and cash prize pools.
It's a great way to double, triple or quadruple your Gold Chip stack for use in larger Gold Chip buy-in events or visiting the Cake Shop. Gold Chip Lover tournaments run daily under The Gold tab with buy-ins starting at only 2 Gold Chips.
How to Earn Gold ChipsAll players earn Frequent Player Points (FPPs) when playing real money ring or tournament games. At Cake, FPPs accumulate to become Gold Chips, which are redeemable for free tournament play and can also be used to purchase bonus cash and tournament tickets The Cake Shop.
Turning FPPs to GoldThe question you are likely asking is, how do my FPPs become Gold Chips? The exchange process of FPPs to Gold Chips is automatic. FPPs accumulated turn in to Gold Chips at a rate of 100 FPP = 1 Gold Chip.
Frequent Player Points
When you are dealt cards in a real money ring game, you'll earn 1 FPP for every dollar raked. At Cake, they believe a penny played should be a penny earned, so they are accurate down to the penny when it comes to FPPs. For example, if your table was raked $1.25, you will receive 1.25 FPP.
In tournament play, you'll earn 7 FPPs per dollar in tournament fees paid. The tournament fee paid is indicated by the "(+ $)" when registering for a tournament.
Gold chips really do have a value.
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