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If you are playing online poker and have absolutely no idea what the “rakeback” is then you are losing out on a hefty sum each month. To explain it in some simpler words, each month you could be increasing the amount of your bankroll by several hundreds, if not to say thousands of dollars which for even a common poker player is something that could not be ignored. It all comes down to the rake that online poker rooms take from each and every pot.
Ok, first of all let’s determine what the rake is all about.
Today online poker rooms are not allowing poker players to play for free and it is very easy to understand - they also have to make a profit. So with this in mind they are taking out from each pot what is called a ‘rake’. Traditionally, this charge is up to $3.00. And it is where their massive yearly income comes from.
So, let’s look at an example. Imagine that you play two-player game and the pot reaches $40. It means that you have contributed a part of it - so you have contributed $20. Imagine that the online poker room takes $2 rake from this pot and now it is $38. In other words, both poker players have paid $1 to the online poker house for playing this single hand.
Assuming this has happened 1000 times - which could happen just in a single day - you have paid the online poker room the whole $1000 just in a rake for the allowance to play those hands.
Ok, now just imagine that you have the opportunity to get back $333 from that $1000. Now do you think it is nice offering? Just imagine 33 per cent of the online poker room’s table fee paid directly into your poker player account. Sounds really good and attractive…
In the case of a rakeback you have joined the online poker web site through a third party - and this party is called the affiliate poker web site - which has negotiated a deal with the online poker room to pay you back a certain percentage of the total sum of the rake you have paid.
The whole process of getting the rakeback is very simple. When you play poker online you pay rake for playing, then the online poker website pays the affiliate website a part of this rake contributed by you. In its turn the affiliate website pays you the biggest part of that money received from the online poker room. As you can see in the case of rakeback deals all parties involved in the process have their own profit.
You can even view how much rakeback you have earned with the help of the special software of the online poker room. So the rakeback is like a monthly bonus with no strings attached.
Ultimate web resource about rakeback. Any type of info you can imagine about Opoker Rakeback, Cake Poker Rakeback, Full Tilt Rakeback and a lot more.
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