Rakeback What is Rakeback?
Rakeback is exactly what it sounds like. The player is getting a percentage of the rake they paid to the poker room back at the end of the week. This basically means that for every $100 in rake you are earning 40% rakeback then you will get $40 back.
How does Rakeback help me?
If you are serious about online poker or are just wanting to make money then getting rakeback is a must. Basically if you are receiving 40% rakeback then this is money you are getting back at the end of the week whether you win or lose at the poker table. This is a huge advantage since this money will help players hedge any of their losses for the week.
How will I get paid?
You will get paid directly to your poker account on Tuesdays. The week starts on Monday and runs through Sunday. The transactions will be automatic and you will receive an e-mailed report of the activity and earnings from the prior week.
What method of Rakeback is being used?
You will get paid based on contributed rake. This pays you back a portion of the rake you contributed, in other words it's based on the exact amount you put into the pot. If you contribute a large margin of the pot, then your rakeback will be higher. The more pots you are playing and contributing to, the more rake you will earn. Keep in mind to earn rake you have to contribute something to the pot. |