Why Rakeback Works

If youre passionate about poker and have been playing it for a long time, youre most likely with the term rake which refers to that nominal amount of the pot that the casino youre playing at claims for itself. Thats their way of making money. Youll have noticed that this amounts to $1 – $5 per hand which isnt much to give up to them but think of all the money the casino makes through rake in the long run!

Now, heres the good news – theres a way you can reclaim some of that rake from the casino. Thats referred to as rakeback. It has been known to lift a players game to the next level by allowing a losing player to breakeven, a player whos managed to break even to win a modest sum and so on, eventually allowing a winning player to take away a phenomenal amount!

It doesnt take a rocket scientist to understand how this works. Take the rake amount and divide it by the number of players at your table to identify how much youve personally paid towards it. If the rake paid by six players at your table (including you) is $6, then youre paying $1. Rakeback providers keep an account of the entire rake you pay and return a percentage of it, back to you at regular intervals which vary and could be every day, every week or every month.

You can expect a rakeback of 25% or 50%. This means $0.25 or $0.50 per $1. At first glance that might seem like a very nominal amount but consider the big picture. Think of the rakeback you can earn if you play about 5000 hands a month. Poker players that play simultaneously at several tables stand to earn even more. Currently players are managing to earn thousands through rakeback and thats not including their winnings.

Casual or more infrequent poker players also stand to gain. All thats required is for you to sign up with a rakeback provider. This is free of charge and doesnt specify any limits so you could be earning rakeback even when playing at the lowest limits. Hold on to your urge to withdraw your rakeback for a year and youll be pleasantly surprised at how much youve earned. Itll probably be enough to take care of your end of the year holiday expense.