February 23, 2010
Rakebacks Pay Players
Some online poker sites offer “rakebacks” to their players to reward them as good customers. What is a rakeback? Basically, it a payment made to player that is based on the rake that player has paid the site. The rakeback is calculated as a percentage of the all the raked hands the player has participated in.
Getting a rakeback is a form of discounting for the player/customer. For high volume players, the amount they receive in rakebacks can really add up. It is especially sweet when you are running good and winning big pots, since the rakeback makes those pots even bigger. A rakeback can even turn a break-even month into a slightly profitable experience, and lessen the pain a bit when you’ve been losing.
Rakebacks are generally available through web site affiliates - poker rooms that partner to bring in more customers. The affiliate site receives a portion of the rake that acquires the newly referred customer as compensation for delivering new business. The affiliate then passes along the rakeback (or a portion of it) to the player. Some poker rooms offer direct rakebacks to their players too with no affiliate involved.
If you are considering signing up for rakeback offer at a site, consider these factors:
* The site’s reputation - how long has it been in business? Check out some the online blogs about rakebacks to get feedback from actual users.
* What is the percentage of the rakeback? Obviously, bigger is better.
* Method and frequency of payment - is it an easy process and how quickly do you get paid –daily, weekly, or monthly? If you have a preference, then look for that deal.
* How is rakeback calculated? Two methods are typically used - dealt hands or contribution amounts. Most players prefer the dealt method, but for those loose players who feed lots of pots, the contribution method is preferable.
* Which games are eligible for rakebacks - don’t sign up to play in games you don’t know just because there is a rakeback. Look for games you can win.
Filed by admin at 10:15 am under Fun Infos, Games + Cheats, World Of Gambling
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