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Rakeback frequently asked Questions

By admin • Nov 17th, 2008 • Category: Uncategorized

What is Rake?

Rake is how poker rooms make their money. The poker room chares the poker player in a variety of ways including :

  • Cash Rake-Usually the rake is a couple of percent with a cap at around $3 at the highest limits. There is also rake on tournaments, where the large portion of the buy in goes to the prize pool, and a small fee goes to the poker site.
  • Tournament Rake- Poker Tournaments have costs associated with entry - the registration fee. The poker room keeps the registration fee when you enter a tournament on an online poker site/network

What is Rakeback?

Rakeback is a refund to the poker player of a %age of the rake which they pay to the poker room (via cash-tables and tournament entry fees). With a rakeback deal, poker players receive a rebate of a large percentage of the rake which they contribute to the poker room during a month (usually up to 30%). This can add up to a hefty sum: in some cases players will receive rakeback of over €2k a month, meaning that even if they have a breakeven month they still make a significant profit!

A normal Rakeback deal usually offers a refund of 20% to 40% to the player, however but sometimes players can get an even better offer.

If you rake $1000 in one month, you will get $350 back with a 35% Rakeback deal. The more you rake, the more you get back.

Poker Rakeback Stats
In this picture the player has raked €1630.46. Based on a 30% Rakeback Deal, the player will get €489.13 paid into their account on the day rakeback is paid.

How do I sign up for a rakeback deal?

Simply Join your poker room of choice by click on any one of the poker room links or banners featured on this site. Download the poker room client software and create an account. You will automatically get a rakeback deal associated with your account.

*Note - It is sometimes necessary to delete your web-browser cookies (in your web-browser privacy settings), due to the fact that you might have a cookie stored on your computer from previous visits to the poker room which you choose to download (meaning if you sign up you won’t get rakeback as standard). Delete your cookies first just in case!

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Top Rakeback

SiteRakebackDeposit
Bonus
CelebPoker 30% €500
PokerHeaven 30% €1000
Betfair 40%$600
Full Tilt 27% $600
PKR 30%$600
SunPoker Tiered$500
Cake Poker 30% $500
Virgin Poker 30% €100
PokerStars VIP$50
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