Publication date: 10 Oct 2023
What is rakeback? The basics of the concept
In the world of online poker, there are many ways for players to earn extra income on top of their winnings. One of these ways is rakeback at online poker rooms and casinos. But what is rakeback and how can it benefit players? Let’s figure it out.
Rakeback is a system of rewards provided by poker rooms to players for their activity in the game. The essence of rakeback is that players receive a part of the commission (rake) that they pay to the poker room for participation in games.
How to calculate the rake? Rake is usually a percentage of the pot of each game or tournament fee. Most commonly it is 3-5% of the amount on the table, but is limited to a maximum of $3-$10.
The way rakeback works is quite simple: the more rake players generate for a poker room, the more rakeback they can receive. Rakeback is usually expressed as a percentage and depends on the amount of rake generated. The more rake players deposit, the higher the rakeback percentage they receive.
The benefits of rakeback for players are obvious. First of all, rakeback increases the overall income from the game, especially for professional players who play at high limits and generate a large volume of rake. The extra rakeback money can be used to improve the player’s bankroll or for other player needs.
Secondly, rakeback can help players recoup some of their losses. Poker is a game with an uncertain outcome, so even the most experienced players sometimes have to deal with negative results. A rakeback can be a good way to help smooth out these losses.
Furthermore, rakeback in rooms can be especially useful for people playing at small limits. As a general rule, the rakeback percentage remains the same for all players, regardless of what limits they play at. Therefore, players at low limits can receive a much higher percentage of rakeback on their volume of play compared to those at high limits.
It’s important to note that rakeback is an added bonus and is not necessarily the main motivation for choosing a poker room. When selecting a poker room, players consider other factors such as software quality, level of play, availability of tournaments and promotions.
In conclusion, rakeback is a reward system that allows players to earn extra income for their poker activity. This can be beneficial for increasing overall revenue, compensating for losses and it is particularly favourable for players at low limits. Nevertheless, players should keep in mind that rakeback is not the only factor when choosing a poker room.
Share it with your friends via favorite social media