GreekEnglish (United Kingdom)
How Rakeback Will boost Your Poker Earnings
Poker - Poker Strategy
Friday, 09 January 2009 00:29

Unlike casino games, online poker does not involve a house advantage. In order to make online poker profitable, poker sites use the rake to collect money. The rake varies from site to site, but it is typically five to ten percent of each pot. As an online poker player, you have likely heard of rakeback. A multitude of poker sites have begun offering rakeback as an incentive for players to sign up. If you are looking to benefit from rakeback, here are a few things to keep in mind.

What is This Rakeback?

Rakeback is a percentage of the rake that the poker site pays back to you as a player. The percentage of rakeback is predetermined by the affiliate and can be up to 30 percent of what you contribute to the rake of each pot. For example, you will have no trouble finding an affiliate that offers 27% rakeback at FullTilt Poker.

There are two methods of calculating rakeback, and each caters to two different playing styles: loose and tight.

Understanding Dealt Rakeback and Contributed Rakeback

The two different methods of rakeback calculation are the dealt and the contributed. The dealt method calculates an equal percentage to all players in a hand. This means that if there are five players in a pot, each receives credit for contributing 20 percent of the rake, regardless of their actual percentage of contribution.

The players who benefit the most from this method are the tight players. Tight players are very picky when choosing the hands they play, but they can receive credit for rakeback just by throwing in the blinds when they’re required to do so.

The other method of calculating rakeback is the contributed method. With the contributed method, players are credited for rakeback according to exactly how much they actually contribute to the rake. So players who are more loose with the hands they choose to play stand to gain more in rakeback using the contributed method.

Monthly Payday

Rakeback is calculated per pot and therefore credited for each and every hand played where rake is collected. However, the accumulated credit for rakeback is not returned daily, but rather, at the end of the month. Your win rate is thereby boosted monthly.

If you pay $200 a month in rake, then with a 30 percent rakeback at the end of the month, $60 will be returned to your account. In order to collect 30 percent of what you already put into rake monthly, you just need to join a new site offering 30 percent rakeback.

 
Comments (4)
1 Tuesday, 13 January 2009 06:26
nick alongi
Hey buddy,

I am a frequent visitor to your site and love your interesting gambling topics. I recently started this website called BetAgainstMe.com and wanted to get your opinion on what you think about the site and if you think it would work.

Each player starts off with a bankroll of 10,000 fantasy dollars. The object is to bet on a variety of sports using this fantasy bankroll and to accumulate the most Fantasy profit. There are daily, weekly, and a grand prize of real cash to the person with the most fantasy profit for that specific time period. We make money on advertising so that is how we can give away cash for free.

What do you think of this idea?
2 Thursday, 15 January 2009 17:46
Jimmakos
That sounds like you have something nice going on. I visited the website and I must say it looks very promising. I guess you need to do a lot of promoting to get closer to the audience you are targeting.

In my opinion, if you manage to attract traffic and keep the visitors, you'll have a lot of success. To tell you the truth your daily, weekly and monthly prizes look like a lot of money and they will surely get the attention of the visitors.

Best of luck!
3 Saturday, 09 May 2009 00:34
haddin
Exclusive Rakeback Offer 200% up to €1000 VIP bonus + a 30% monthly rake back bonus plus Claim up to a maximum of 4 €1000 Reload Bonuses in 2009
_________
haddin

http://www.pokerraking.com/vip/
4 Thursday, 31 December 2009 11:44
Poker Rakeback
Yea rakeback is essential these days with the tougher opponents. I use http://www.prorakeback.net . The are the best rakebacksite, fast payments, good referral program too. If you sign up on them, use referral code TeamSolos.

Thanks
Play The Best Poker Tournaments at Titan Poker

Subscribe in a reader Or, via email:

Add to Technorati Favorites

Pro Gambler's Sponsors

GoDaddy.com WebSite Tonight 125x125
Pokerstars
125x125_Generic
Bet at JAXX
Play Kalooki
125x125 Free £25 Bets
AdvertiseHere125x125Play Online Poker
Gif Banners
Advertise in Sports Blog

Poll

How much did you win in 2009?
 

Search my Blog

Lijit Search

Jimmakos Blog Sponsors

Gif Banners

Blogging - Recommended Money Makers

Who is Jimmakos

Jimmakos.comMy name is Jimmakos and I am a professional gambler since 2003. I played at the casinos' blackjack tables for a year and during the following 2.5 years I have been a Betfair trader trading the odds in the UK Horse Racing markets. Nowadays I'm playing online poker. Apart from online gambling, I also write about online poker and trading for the Betfair's Greek Blog and own various websites.

 

Read more at my about page.

Connect with Jimmakos

You can connect with me via social media sites at:

facebook icontwitter iconlinkedin icondigg iconyoutube icon