Red Velvet Cake is a dark red or burgundy colored cake desert. What gives it it's rich red color is simply the 2 full ounces of red food coloring. This cake is usually found topped with thick, creamy, white icing followed by a tasty, rich vanilla flavor. Red Velvet is known for being an expensive, rare desert popularly used on birthdays and holidays. This cake is just as beautiful as it tastes.