In the world of online poker and casinos, the concepts of “rake” and “rakeback” are essential. Rake is the percentage taken by the poker room or casino from each pot won. This is how poker rooms and casinos, such as Casino777, generate their income. Rakeback, on the other hand, is a reward system where a portion of this rake is returned to the players. It is a way to reward and encourage players to return and play more frequently.
How Does Rakeback Work?
Rakeback is a type of ongoing poker bonus. In each tournament or Sit & Go, you pay a certain amount to the poker room, usually around 10% of the total buy-in. In cash games, this percentage averages around 5% with a maximum of €3. This amount can add up significantly for players who play a lot of poker. For professional poker players, this can even amount to thousands of euros per month. With a rakeback deal, players receive a percentage of this rake back into their account, usually at the end of the month or sometimes at the end of the week.
Which Games Offer Rakeback?
Rakeback is mainly found in poker rooms, especially in tournaments and cash games. In tournaments, you pay a fixed fee on top of the buy-in, which serves as the rake. In cash games, the rake is taken from each pot. Other casino games, such as blackjack or roulette, typically do not have rake because these games use other methods to maintain the house edge.
How is Rakeback Calculated?
The calculation of rakeback can vary by poker room. Usually, the percentage of the rake you get back is based on your volume of play and the rake you have paid. For example, if you paid €1000 in rake in a month and your rakeback percentage is 30%, you would get €300 back into your account. The exact percentage can differ depending on the terms and conditions of the poker room.
What is the Average Rakeback?
The rakeback percentage can vary but typically ranges between 20% and 50%. Some poker rooms offer even higher percentages for very active players or as part of special promotions. It is important to read the terms and conditions of the rakeback deals carefully, as some poker rooms may have additional requirements or restrictions.
The Benefits of Rakeback
The biggest advantage of rakeback is that it offers a way for players to recover some of their costs. This can be particularly beneficial for players who play regularly and pay significant amounts in rake. With a good rakeback deal, players can reduce their net losses or even break even, making their playing experience more financially attractive.
A Smart Way to Boost Your Income
Nowadays, there are many players who manage to break even monthly and have a decent income through a good rakeback deal. Poker rooms that offer rakeback bonuses deposit the rake directly into your account at the end of the month or sometimes at the end of the week. This can be a substantial bonus, especially for players who play a lot of hands.
Not All Poker Rooms Offer Rakeback
It is important to note that not all poker rooms offer rakeback. Some are part of a large network that does not participate in rakeback bonuses. Instead, they offer a VIP bonus system. This system rewards players with points for every hand they play, and these points can be exchanged for bonuses, tournament tickets, or other rewards. Although this system is different from rakeback, it can still provide a significant benefit to frequent players.
Conclusion: Rakeback is Important for Serious Players
If you are serious about poker and play regularly, it is definitely worth considering which poker rooms offer rakeback or a similar reward system. It can make a significant difference in your overall profitability. Look beyond just the welcome bonus that a poker room offers and pay attention to the rake percentage and any rakeback bonus system they provide. This way, you can maximise the benefits of your play and potential earnings.
Frequently Asked Questions About Rakeback
What is rakeback and how does it work?
Rakeback is a reward system offered by poker rooms where a portion of the rake (the amount taken by the poker room from each pot) is returned to the player. This percentage can vary but usually ranges between 20% and 50%. It works as a rebate: if you paid €1000 in rake and your rakeback percentage is 30%, you would receive €300 back into your account. This rebate can be paid monthly or weekly, depending on the poker room.
Which casino games offer rakeback?
Rakeback is mainly available in online poker, especially in tournaments and cash games. In tournaments, you pay a fee on top of the buy-in, which serves as the rake, and in cash games, the rake is taken from each pot. Other casino games like blackjack or roulette typically do not offer rakeback because they use other methods to maintain the house edge.
How can I qualify for rakeback at a poker room?
To qualify for rakeback, you usually need an account with a poker room that offers this reward system. Some poker rooms require you to sign up for a rakeback deal through a specific link or promotion, while others automatically award rakeback to all players. It is important to check the terms and conditions of the poker room to see what steps are needed to benefit from rakeback.
Are poker rooms required to offer rakeback to their players?
No, poker rooms are not required to offer rakeback. It is a choice they make to remain competitive and reward player loyalty. Some poker rooms offer a VIP bonus system instead of rakeback, where players earn points that can be redeemed for bonuses and other rewards. This system works similarly to rakeback but may have different benefits and conditions.
How much can I earn on average with rakeback?
The amount you can earn with rakeback depends on how much you play and the percentage of the rakeback deal. For example, a player who pays €1000 in rake and has a 30% rakeback percentage would receive €300 back. The more you play and the higher the rakeback percentage, the more you can earn. Active players can significantly reduce their net costs and sometimes even break even or play profitably thanks to rakeback.
Add Comment