Rakeback – A Way to Earn Extra Money
Poker rooms take a percentage of every pot, and this is called rake. If you play online you have probably noticed the digital chips that are moved from the main pot to the dealer in the top of the screen. This is what you pay to get access to the poker room and how poker rooms earn their money. The standard rake is about 5% and maybe it doesn’t sound like a lot, but in the long run it definitely is. Players actually pay huge amounts of money to be able to play in the online poker rooms. This is where poker rakeback comes in. If you play with a rakeback deal the house won’t take as much money from you as they would if you played without it.
With rake back you usually get between 20 and 40 percent of your raked money back, but some rakeback offers are more lucrative. Even a player that doesn’t play that much could earn quite a lot of cash from rakeback. Let’s says he rakes $400 every month. In a year he has paid $4800 to the poker room, just in rake. Without rakeback that money would be gone, but with a 30% rakeback deal he would get almost $1500 back.
It is very easy to get rakeback. Just sign up to a poker room through an affiliate. They will take over from there and you just have to carry on playing. Every month they will transfer almost all of your rakeback to your poker account.
The only problem is that you are not allowed to have an account at the poker room where you want to play with rakeback. On the other hand, most of the poker rooms are part of bigger networks. Just sign up to another poker room in the same network and almost everything will stay the same. You can carry on playing at the same tables and against the same players. The only thing that changes is that you will have rakeback money rolling in.