Friday, January 22, 2010

Rakeback and its Importance to You

Have you heard of the term rakeback?

For serious online poker players, they already know what rakeback is. For the newbies, they probably have heard of this but may still be asking the question what a rakeback is. To understand this term, one must break the word into: “rake” and “back.” First understand what rake is. When playing online poker games, the house takes a percentage of each hand for itself—this is called a rake, and this is how they earn their money. The word rakeback then is getting a portion of the rake you paid to these online poker sites. The rakeback varies from site to site—so you actually have the option to choose where to play online poker that maximizes your rakeback earnings.

At RakebackStore.com, we return a portion of that fee back to your poker account. How can we do this? We have long-established relationships with all the poker rooms listed on our site and can offer players unique deals not found anywhere else. These are reliable, approved deals endorsed by the poker rooms as an added incentive for players to choose their site. There are absolutely no hidden fees. Everything you earn in rakeback is in addition to normal perks associated with a regular online poker account. To take advantage of rakeback you must sign up via one of our signup pages using our links and codes and not have a pre-existing account or be linked to a Refer-a-friend or other promotion.

More About Rakeback

Poker sites monitor the players activities per month. If the player signed up through an affiliate, which advertises the site so that more players come in—that affiliate is paid a percentage for introducing the player to the online poker site. When these affiliates give a large percentage of that money back to the players, that is called rakeback. This way, it will be a win-win situation for both parties. Nobody loses as each gets a percentage of the rakeback given by these online poker sites that are earning quite a good amount of money in their operations.

How much money can one make from rakeback?


For most of us who are interested of the getting the most of our money, this is very important. Since the amount you get paid is a percentage of the money the house charged you for the rake, for the stakes that you played and for the number of hands you played—these affect the size of your pay. An ordinary low limit player can make a few hundred dollars a month, while any higher level player can make as much as $3000 or even higher.

So you see, if you sign up directly for a site without getting a rakeback is not a very wise move. Therefore, getting a rakeback is probably the most important strategy a poker player must learn. If you don’t take it seriously, you are leaving the opportunity of making a lot of money on the table every month.

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