Cake Poker, one of the top five largest online poker networks, has bought the bracelet at the Buy It Now price of $2,500. That’s probably about ten minutes rake even with Cake’s generous 33% rakeback offer.


However, what Cake are doing with the bracelet surprised us. No, it’s not a prize in a freeroll or available in their VIP store. In fact, the network are giving it back to it’s rightful owner – the man who won it, poker legend TJ Cloutier.


“As much as we would love to have a WSOP bracelet, or even award it to one of our cherished poker players, we can’t, in good conscience, keep it from the man who rightfully won it; which is why we’ve decided to return it to TJ Cloutier… just as soon as we’re done having some fun with it,” stated the Cake Poker blog.