Rakeback has been around since 2004 and a lot of online poker players know more than well what rakeback is. But even though rakeback isn´t anything new, many players don´t know what rakeback is. So for all of you who don´t know what rakeback is and how you can earn thousands of dollars every month with it, here is a brief explanation:
First of you have to know what rake is in order to know what rakeback is.
Rake is simply put the way that online poker sites makes their money. Since there is no fee charged when you register a new poker account and no fees for anything except for entries to tournaments, the online poker site has to get money from somewhere. So when you play online poker and win a pot the poker site will take a percentage from the pot and that fee they take from every pot is the rake. The rake is usually about 5% of the pot but not more than $3.
The rake is something necessary but it drains your bankroll with hundreds and thousands of dollars every month depending on how much you play. But with rakeback you can get a percentage back from this fee, the rake.
Here at Rakeback Finance you can get up to 100% rakeback which means that you pay nothing in rake to the poker room you play at. If you think about how much you pay in rake every month we are sure that you don´t want to continue play online poker without rakeback. Let´s say that you play at a limit where the pot´s most of the times come up to the $3 in rake which is the cap at most sites. If you play 2000 hands every month where you contribute to the pot and that the average of players contributing to the pot is 3. Then there would be 3 players contributing to the pot with $1 each. Then you would have paid $2.000 in rake that particular month. This method of calculating the rakeback is called contributed and is the most common way to calculate it.
For most players $2.000 is very much money. But with rakeback from Rakeback Finance you can get 100% rakeback which would mean that you would get $2.000 back in rakeback instead of just paying that money to the online poker site.
There is also a way to calculate the rakeback which is called dealt and this means that everybody who has been dealt cards in the pot are in for that rakeback of that pot as oppose to the contributed method where only the players who contribute to the pot are eligible for rakeback of that pot. This dealt method is usually more profitable for tight players who don´t participate in so many pot´s. if you however are a very loose or aggressive player the contributed method is more profitable for you.
But you shouldn´t let the way a online poker site calculate the rakeback be the only reason for choosing that site, there are also other things that are important to think about when choosing a online poker site.
