Summary Of Rakeback

• Author: Thomas Kearns
• Filed under: Poker
• Date: Jan 9,2010

When poker players are playing poker on the Internet, one of the fees that is paid is called a “rake”. The rake is paid by players on each pot in a game. For an individual who plays a lot of on-line poker there are many benefits to participating in a rakeback plan.

When a player enters a game they usually pay around 5% on the pot in rakeback. The cap for most of the on-line poker sites is three dollars. The fees can rake up fast when a person is playing multiple games. This is where the term “rakeback” originated.

Poker sites have different ways of calculating the rake for each pot. Some figure the rake based on the amount of the pot and number of people at the table. Other website figure the rake on the number of people who are actually playing for the pot and the amount of the pot. In either case the amount of rake paid is normally almost the same.

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.

Some on-line poker sites offer bonuses to people who play at their tables. The bonuses are provided when a person deposits money to play. Some of these bonuses match the deposit to a maximum. When a player puts more money in than the maximum bonus, the bonus is automatically paid.

Rakeback websites offer many incentives for registration. Some work exclusively with poker sites that offer bonuses and rakeback at the site. When a person plays poker on one of these sites, they receive rakeback from the on-line poker site. They will also receive rakeback from the rakeback website that they are registered with.

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 Fat Bet Poker Rakeback as well as Rakeback at Minted Poker.

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