Sunday, February 13, 2011
Rakeback is a term that many on-line poker players are not familiar with. These are the fees that a person pays for each pot that is played on a poker game. A person playing poker for several hours per day, or playing several tables, can spend a lot of money on the rake of the games 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.
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.
A player has the opportunity to get some of their rake back by participating in a rakeback plan. Poker sites who participate in rakeback pay an internet rakeback site from 35% to 45% of the rake that they collect on each pot. The rakeback site then pays individuals a percentage of the money collected based on the plan that they are participating in.
When a person visits a rakeback website they will find a list of poker sites that participate in the website's program. The list will include the percentage of rake being paid by the poker site. In addition, the list includes information about any promotions that a particular poker site may be offering.
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.
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.
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.
A player has the opportunity to get some of their rake back by participating in a rakeback plan. Poker sites who participate in rakeback pay an internet rakeback site from 35% to 45% of the rake that they collect on each pot. The rakeback site then pays individuals a percentage of the money collected based on the plan that they are participating in.
When a person visits a rakeback website they will find a list of poker sites that participate in the website's program. The list will include the percentage of rake being paid by the poker site. In addition, the list includes information about any promotions that a particular poker site may be offering.
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.
About the Author:
The author is a successful limit cash game player. He plays poker online and receives NoiQ Rakeback and Gutshot Poker Rakeback.