What Is Rakeback

Poker rakeback is a form of rebate that is offered to a poker player for been a loyal and frequent player. To give you a better insight into what a rebate is, imagine that you were a loyal customer as your local shop. After an amount of time, the owner tells you that they are going to give you a discount of a certain amount. This money is then taken off your bill when you come to pay for it at the check out. Poker rakeback is just like that except the funds are placed into your account on a monthly or weekly basis.

Rake back that is returned to players can make a huge difference, depending on the stakes that a player frequently plays with the higher the stake been played returning a greater amount of rake back to you. Top online poker players are regularly collecting back tens of thousands of dollars in rake back, adding to their winnings giving them a much higher profit margin.

Why Is Rakeback Important

If a player was to play about 20 hours of poker in a month at a $0.25/$0.50 table, the amount of rake that would be taken from the pots by the house would accumulate into hundreds of dollars from just you, so times that by the amount of players at your table as well as the players who are playing on other tables, you see that the sites are making millions of dollars every month from players.

You have to know that your been charged for every single tournament or hand that you play on a given site and by getting rakeback you are getting a % of there earnings back to your account. It could mean the difference of being a marginal winner or break even player to becoming a player that makes a profit at the end of the month. You know there are some players that play 1000’s of hands each day just to make an income from rakeback.