Many people play poker on-line for several hours a day. These individuals are paying a fee, or rake, or each pot that they play. Individuals playing multiple tables or playing several games a day will find that the benefits of registering with a rakeback plan gives them an opportunity to make money while they play.
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.
The calculations for a rake are different for on-line poker websites. Some calculate the rake on the pot and number of players at a table. Other sites make the rake calculation based on the pot and the number of people actually playing for a pot. Research has shown that the websites make about the same amount of rake with either calculation method.
Once a person knows that there is a way to get part of their rake back they begin to search for rakeback plans that are available. There are many rakeback websites which offer players a return on the rake that they play for each game. These websites work with the on-line poker sites that pay up to 45% of the rake they receive to the rakeback site. A person is paid a percentage of what is received by the rakeback website when they are registered with that site.
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.
Many poker websites also offer bonus to players for registering and participating in games. These bonuses are given to players when they make a deposit. In some cases the bonus will match the deposit invested up to a certain amount. Any money invested over the bonus amount automatically receives the maximum bonus offered. Rakeback includes this bonus in the amount of money that is paid out from their site.
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 Paradise Poker Rakeback as well as Rakeback at Full Tilt Poker.
