When
you play online poker the poker sites take a "fee"
or "rake" of each pot. This rake amount is usually
5% of the pot and always has a maximum cap or limit (usually
$3). These small amounts of rake add up fast and when combined
with the ability to play multiple tables the rake paid can
exceed $10,000 per month for a single full-time player!
The
actual amount of rake you pay is not the same as
the amount of rake you generate, as determined
by the poker sites. Most poker sites determine the amount
of rake you generate by taking the actual rake of each pot
and dividing it by the amount of players that were dealt
cards on that hand. For example, if the pot is $60 ($3 rake
is taken) and there were 10 people dealt cards, then each
person generated $0.30 in rake for that hand. Using this
method of calculation you are generating rake every time
you are dealt cards, even if you fold preflop!
Some
poker sites use the "contribution" method instead
to calculate a player's rake. Using the contribution method,
a player only generates rake when they actually contribute
money to the pot. This method sounds much less profitable
than the one mentioned above, but the two methods are typically
very close to even in the long run for the average player.
Click
here to use our rakeback calculator
What Is Rake Back?
Getting
paid a percentage of that rake you generate is called a
rake back (or rakeback / rake rebate) plan. If you play
5 or more hours per week then you should definitely be taking
advantage of rake back plans. A rake back plan could be
putting $100's or even $1,000's back in your pocket each
month!
The
poker sites pay RakeBacks.com anywhere from 30% - 45% of
the rake you generate each month. In turn, we pay you up
to 95% of that amount back every month. Payments from RakeBacks.com
will be electronically deposited directly into your poker
account or your Neteller account within 3 days of when we
receive payment from the poker site(s). For more information
please see our Security
& Privacy Policy.
Bonuses & Tracking Your Rake
All
of our rake back plans come with the usual sign-up bonuses
for every player. Please keep in mind that any bonuses you
receive are usually deducted from your total monthly rake
by the poker sites.
RakeBacks.com
has developed a custom state of the art web-based tracking
system to track your rake statistics online for many poker
sites. This system allows your to login and view your daily
rake stats, total rake, and total rake back. Another way
to track your rake stats is by using a program called Poker
Tracker. This program accurately tracks rake stats along
with all other possible statistics on you and every opponent
you play against. This software works with most popular
poker sites and is a must-have for any serious online player.
Propping
vs. Rake Back Plans
Alot
of people ask the question "Can I make more money by
propping or playing with a rake back plan?". Most people
make considerably more money by playing with a rake back
plan than as a prop. The main reason for this is because
a prop player is usually forced to play short-handed games
all the time and can not choose the most profitable games
available. Another reason rake back can be more profitable
is because you can play a solid and tight strategy at a
full table and sit back and generate rake almost every hand
you're dealt cards...whether you fold or not.
