Like this presentation? Why not share!

What Is Rakeback Poker

by Amanda on Feb 02, 2010

• 787 views

This is a full description of what rakeback is and how it works. It explains the basic running of the poker room, what online poker use as the rake and gives a brief overview of how rakeback is ...

This is a full description of what rakeback is and how it works. It explains the basic running of the poker room, what online poker use as the rake and gives a brief overview of how rakeback is calculated.

Views

Total Views
787
Views on SlideShare
786
Embed Views
1

Likes
0
4
0

1 Embed1

 http://www.slideshare.net 1

Categories

Uploaded via SlideShare as Microsoft PowerPoint

What Is Rakeback PokerPresentation Transcript

• What isRakeback?
What is Rakeback? 27.01.2010
• In a poker room, the Rake is a small amount of money, usually about 5%, that the poker room takes out of each pot.
Pot = a sum of money that players wager during a single hand or game
What is Rakeback? 27.01.2010
• The rake is how a poker room makes its money. It can be likened to a commission taken from each game.
What is Rakeback? 27.01.2010
• Rakeback is when a poker room givesback some of that money to players.
What is Rakeback? 27.01.2010
• Poker rooms generally don’t offer rakeback directly to players.
After all, it’s giving away their own money.
What is Rakeback? 27.01.2010
• Instead, they allow rakeback website affiliates to promote their poker rooms, by using rakeback as an incentive to attract new players.
What is Rakeback? 27.01.2010
• The room still takes;
- their % of the rake
- the affiliate site get a small %
- and on some sites the players get up to 35% of the rakeback, just for playing
This can be up to 100% in some cases.
What is Rakeback? 27.01.2010
• Q&A
What is Rakeback? 27.01.2010
• Q - How much is a typical rake worth in a poker room?
What is Rakeback? 27.01.2010
• A - If an offline poker room is taking a rake of \$4 a hand from 300 players = \$1200.
Multiply that by 1000&apos;s of tables they are playing at:
e.g. 2000 tables = £2,400,000
Consider the days, weeks and months these games are played over and this gives you some idea of how valuable rakeback is.
What is Rakeback? 27.01.2010
• Q – If you are a player, where does your rakeback come from?
What is Rakeback? 27.01.2010
Rakeback comes from the rake you have paid in – i.e. If you’ve paid in \$0.50 you’ll get back 35% of that or whatever the deal you have is %
What is Rakeback? 27.01.2010
• Q - Is rakeback limited to one type of poker?
What is Rakeback? 27.01.2010
• A - Not at all, it covers many poker games from Omaha to 7 card stud.
They must be REAL MONEY games though!
What is Rakeback? 27.01.2010
• Q - Do all poker rooms offer rakeback?
What is Rakeback? 27.01.2010
• A –No.
But it’s worth checking an online rakeback affiliate site to see if there are other rewards on offer if a room doesn’t pay rakeback.
What is Rakeback? 27.01.2010
• Q - When do the rakeback sites pay my rakeback?
What is Rakeback? 27.01.2010
• A -Depending on the website, it can be anything from monthly and weekly to daily.
What is Rakeback? 27.01.2010
• Q - Does the money get paid into my bank account?
What is Rakeback? 27.01.2010
• A -No the money will be paid into your player account on the website your signed up to.
What is Rakeback? 27.01.2010
• Q -How is the rakeback calculated?
Try out the rakeback calculator here
What is Rakeback? 27.01.2010
• A – There are two methods, the Dealt and the Average contributed & Average weighted method.
Rakeback depends on the size of the stakes, how much you play and how many tables you play at once.
Good rakeback affiliate sites offer rakeback calculators to provide you with an idea of what to expect back.
What is Rakeback? 27.01.2010
• Q -Why don&apos;t all poker rooms pay rakeback?
What is Rakeback? 27.01.2010
• A - Not all poker rooms want to offer a cut of the rooms rake to attract new players. Maybe they feel that they have no need to.
Or they have chosen to offer alternative types of VIP loyalty rewards to keep players with them.
What is Rakeback? 27.01.2010
• “I hope that this has helped you understand a little more about what rakeback is”
What is Rakeback? 27.01.2010
• If you would like to learn more, please feel free to come and visit our Q&A rakeback articles and drop us a question on the blog x
The raketherake articles
What is Rakeback? 27.01.2010