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.
The rake on a game is usually not very high, about five percent on the pot with a maximum of $3 being the cap paid by a player. However, if an individual plays poker for several hours a day, and on multiple tables, this can quickly add up. The term “rake” was coined from the fact that fees can “rake” up very quickly for many players.
An on-line poker site may figure the rake based on the amount of the pot and the number of people sitting at a table. Other sites figure the rake based on the actual people playing the game and the total pot. The amount that is paid is about the same with either type of calculation.
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.
Rakeback websites work with different on-line poker sites and they show a list of the participating on-line poker sites. The rakeback site will also show the percentage of rake that a poker site is paying, any promotions or tournaments that are being held on the site, and other money that may be available to players on that site.
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.
Many on-line poker players are unaware of rakeback and lose the opportunity to get money from playing on-line poker even when they lose. One will want to include registration with a rakeback provider when they are considering playing on-line poker.
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Kearns, Thomas "Quick Look At Rakeback." Quick Look At Rakeback. 29 Dec. 2009. uberarticles.com. 6 Nov 2014 <http://uberarticles.com/games/a-rakeback-summary/>.
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Kearns, T (2009, December 29). Quick Look At Rakeback. Retrieved November 6, 2014, from http://uberarticles.com/games/a-rakeback-summary/
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