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.
On-line poker sites calculate the rake for each pot in a game. This amount usually is 5% of the pot and caps out at $3 per pot. But, if a person plays many pots each day this fee can quickly add up. The fees can “rake” up fast. This is where the term “rakeback” came from.
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.
Each rakeback website works with specific on-line poker sites. The rakeback website shows a list of on-line poker sites, their percentage of rake, and other information that will help the player. They also show any promotion, tournaments, or contests that are being held on that site and the amount of money that is available to players.
Many poker websites also offer bonus to players for registering and participating in games. These bonuses are given to players when they make a deposit. In some cases the bonus will match the deposit invested up to a certain amount. Any money invested over the bonus amount automatically receives the maximum bonus offered. Rakeback includes this bonus in the amount of money that is paid out from their site.
There are many incentives offered when one registers with a rakeback website. Some of these sites only work with on-line poker sites offering rakeback and bonuses through the site. An individual playing poker on one of these sites will receive rakeback from the on-line poker site and rakeback from the rakeback website. Working with a rakeback website offers one the advantage of finding the highest paying on-line poker sites that offer maximum earning potential.
Rakeback is a great way for an individual to accumulate money that they may not have known was available. For poker players who spend time playing multiple tables each day, a rakeback plan can give them money back on each game they play whether they win or lose. By doing the necessary research to find a rakeback website that works closely with their on-line poker partners one can increase earnings significantly.
The author is a successful limit cash game player. He plays poker online and receives Doyles Room Rakeback and Carbon Poker Rakeback.
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