What is Rakeback in Poker and How Does It Work?

Rakeback is a percentage of the rake that a poker player pays that is returned to them by the poker room. The rake is a small amount of money that is taken from each pot by the poker room, and it is used to cover the costs of running the poker site.

Rakeback is a way for poker players to get a portion of their money back from the poker room. It is a very popular incentive for poker players, and many poker rooms offer rakeback programs.

How Does Rakeback Work?

Rakeback programs typically work in one of two ways:

Direct rakeback: In a direct rakeback program, the poker room gives the player a percentage of the rake they pay back to them in cash. This is the most common type of rakeback program.

Indirect rakeback: In an indirect rakeback program, the poker room gives the player points or miles for every dollar of rake they pay. These points or miles can then be redeemed for cash, prizes, or other rewards.

How to Get Rakeback

There are a few different ways to get rakeback:

Direct from the poker room: Some poker rooms offer direct rakeback programs to their players. These programs are typically available to all players, but they may be more generous to high-volume players.

Through a rakeback affiliate: Rakeback affiliates are third-party companies that partner with poker rooms to offer rakeback programs to their players. These programs are typically more generous than direct rakeback programs, but they may require players to sign up through the affiliate's website.

The Benefits of Rakeback

There are several benefits to getting rakeback:

Increased profits: Rakeback can significantly increase a poker player's profits. For example, a player who generates $10,000 in rake per month with a 30% rakeback program would earn an additional $3,000 per month in rakeback.

Reduced variance: Rakeback can help to reduce variance, which is the natural fluctuation in a poker player's results. This is because rakeback is a guaranteed return on investment, regardless of how well or poorly a player performs.

More motivation to play: Rakeback can provide an extra incentive for poker players to play more and improve their skills. This is because players know that they will be rewarded for their efforts, even if they don't win every hand.

The Drawbacks of Rakeback

There are a few drawbacks to getting rakeback:

Requires a commitment: Rakeback programs typically require players to commit to playing a certain amount of rake per month. This can be a barrier to entry for some players, especially those who are new to poker.

Can be complicated: Rakeback programs can be complicated to understand, especially for players who are new to poker. This can make it difficult to choose the right program and track your earnings.

Not available everywhere: Not all poker rooms offer rakeback programs. This can make it difficult to find a program that is right for you.

Conclusion

Rakeback is a valuable incentive for poker players. It can help to increase profits, reduce variance, and provide more motivation to play. However, rakeback programs can be complicated and not all poker rooms offer them. If you are considering getting rakeback, it is important to do your research and choose a program that is right for you.

There are many different poker rakeback deals available, so it is important to shop around and compare offers before you sign up. Some factors to consider when choosing a rakeback deal include the amount of rakeback, the terms and conditions of the deal, and the reputation of the rakeback affiliate.

Here are some tips for finding the best poker rakeback deals:

Do your research: There are many different poker rakeback deals available, so it is important to do your research and compare offers before you sign up.

Consider your needs: Not all rakeback deals are created equal. Some deals are better suited for high-volume players, while others are better suited for casual players.

Read the fine print: Before you sign up for a rakeback deal, be sure to read the fine print and understand the terms and conditions.

Trust your gut: If you are not sure about a rakeback deal, it is always best to err on the side of caution and avoid it.

I hope this blog post has helped you to understand what rakeback is and how it works. If you are a serious poker player, I encourage you to consider getting rake.