Archive for July 18th, 2010

Summary Of Rakeback

Sunday, July 18th, 2010

Many people play poker on-line for several hours a day. These individuals are paying a fee, or rake, or each pot that they play. Individuals playing multiple tables or playing several games a day will find that the benefits of registering with a rakeback plan gives them an opportunity to make money while they play.

The rake on a game is usually not very high, about five percent on the pot with a maximum of $3 being the cap paid by a player. However, if an individual plays poker for several hours a day, and on multiple tables, this can quickly add up. The term “rake” was coined from the fact that fees can “rake” up very quickly for many players.

The calculations for a rake are different for on-line poker websites. Some calculate the rake on the pot and number of players at a table. Other sites make the rake calculation based on the pot and the number of people actually playing for a pot. Research has shown that the websites make about the same amount of rake with either calculation method.

Participating in a rakeback plan, a player can get some of the pot fee back. Rakeback websites receive from 35-45% of the rake from on-poker sites. A player registered with the site receives a percentage of the money that has been collected from these sites.

Rakeback websites work with different on-line poker sites and they show a list of the participating on-line poker sites. The rakeback site will also show the percentage of rake that a poker site is paying, any promotions or tournaments that are being held on the site, and other money that may be available to players on that site.

There are many on-line poker sites that offer bonuses to players to register with them. The bonus is added to the deposit that the player makes. Usually the bonus will match a deposit up to a maximum amount. This money is added to the deposit and the rakeback is paid on the total amount when it is played.

There are many incentives offered to registrants on rakeback websites. Many of these sites work with on-line poker sites offering rakeback at their site. An individual can play poker on the on-line poker site and receive rakeback at the site. Then, they receive money from the rakeback website as well.

Rakeback is unique to on-line poker and many players do not know the benefits they get from participating in a rakeback plan. A person receives rakeback when they are registered and play whether they win or not. This can offset losses, wins, and fees paid for a person who plays poker on-line.

The author is a successful limit cash game player. He plays poker online and receives Rakeback at Paradise Poker and Rakeback at PKR Poker.

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