Rakeback.com - Don't play poker without it

Borrowing in the Poker Community and How Not to Get Chino’d

By Scott Carlson, Rakeback.com Poker News Senior Writer

David Chino Rheem a Bad Credit RiskOne thing that continues to amaze me being around the poker world for the last eight years or so is the borrowing of money that happens between players. Lending players five figures is commonplace and happens without any thought. If you were to go to your local bank you would need to give them a pint of blood along with your first born.

Rumors of players borrowing money and not paying back are happening more and more, likely due various outlets such as Twitter, Facebook and forums where players can interact with other players and followers of the poker community. The latest posts on the Two Plus Two forums deal with former November Niner David ‘Chino’ Rheem.

Getting Chino’d

David Chino RheemGetting Chino’d has become synonymous with lending a player money and not seeing a dime of it ever again. We have heard of two different ways Chino Rheem as borrowed from players, the freeroll and having players vouch for him.

We have heard Chino use the freeroll method two different ways over the past few years. The first way he has used while sweating a final table. He will go up to a fellow player and offer a wager on the winner. If his player wins he comes to collect. If his opponent wins he is nowhere to be found and will never pay up.

The second freeroll method used is offering flips to players in cash games. He will sit with a small amount of money and ask to run out a board for the amount he sits with. If he wins he will bolt. If he loses he asks to borrow money from the player and run another board. If he loses he never pays up.

The other way Chino uses to bilk players out of cash is by offering collateral. Recently written on Two Plus Two was Joe Cheong admitting that he was taken advantage of using this scheme. He borrowed money to Chino because Michael Mizrachi confirmed that Chino had a percentage of the Grinder during his WSOP Main Event final table. While true, it has since been learned that he used that same collateral numerous times over to borrow money. The Grinder has since stopped vouching for Chino in any form.

Let the lessons fellow poker players have learned be a warning to you. If you are going to borrow money, make sure you know them VERY well and you personally know their lending history.

We shall see if Chino makes good on some of his debts after winning the inaugural Epic Poker League tournament for $1 million. Who knows what percentage he was playing for though. We are guessing not very much.

How Much Cash Back Will I Earn?

Rakeback increases your winnings from online poker as you continually earn money back from every raked hand or tournament you play.

Many players earn a living wage from rakeback alone. Use the calculator below to estimate the size of payments you’ll get over a given period of time. The calculator will compute your expected daily, weekly, and monthly cash back depending on the stakes and tables you input.

Calculate Your Rakeback

Top Poker Room Recommendation

Black Chip Poker

  • 27% Rakeback
  • $1000 Sign-up Bonus
  • Bonus Code: RBCOM



  • 11 Online Poker Tools to Boost Your Winrate

    August 20th, 2015

    First up, you probably know them already – PokerTracker and Holdem Manager are by far the most popular poker tools – but may not have heard the two companies recently merged.

    Read more…

  • Where are the Softest Poker Games Online in 2017?

    April 26th, 2017

    “I shouldn’t say this on a poker forum but sng 2.0 acr is about as free money as I’ve seen in poker in a long time. Not sure how long it’s going to last but right now as it’s new people r punting hard.”

    Read more…

  • Lottery Sit & Gos – Where to Play

    August 20th, 2015

    A mixture between tournament poker and gambling, the ‘Lottery Sit and Go’ format is popular with recreationals and regs alike – attracting net depositing players

    Read more…

  • Fast-Fold Poker – The Fastest Poker Online

    January 7th, 2015

    Many of Rakeback.com’s partner sites offer Fast-Fold format poker tables. These high speed poker games eliminate the need for table selection and allow players to grind many more hands/hour thanks to a ‘quick fold’ option. This in turn boosts rakeback earnings.

    Read more…

© 2015 Rakeback.com