Rakeback and How It Benefits You
One of the things that online poker players need to consider when they choose a gaming site is whether they want to use a site that allows rakeback. Rakeback is a promotion accepted by some poker sites that can affect the amount of money you win.
Learning about what rakeback can offer will help you decide which gaming sites to use, and in the long run, a good rakeback deal can generate quite a lot of money to your bankroll.
How Sites Make Money with Rake
Online gaming sites make money from most of their games because the odds favor the House. After you have played a game like blackjack long enough, your luck will usually run out and the House will start winning more of your money.
With online poker, the players compete against one another instead of the House. The sites make money no matter who wins because they take a percentage from the total pot (usually between five and ten percent but never more that $3-$5).
The amounts are pretty small with most games. The House might take a $4 cut on a $40 pot. While this is not much when looking at an isolated pot, it certainly adds up over several hands. At the end of the month, a regular player might look at his earnings and recognize that a sizeable amount has been raked from the top. Someone who plays poker almost every day with fairly high stakes pays thousands of dollars to the poker sites on a monthly basis.
How Rakeback Benefits You
When you sign up with a new poker site, you can do so through a rakeback affiliate. This still means that your hands will still be raked, but you will have some of that rake returned to you at the end of the month. This makes it easier for players to increase their earnings.
Say that you sign up at Cake Poker with their 33% Cake Poker Rakeback deal and play for a month. When the month is over you have paid $500 in rake, something that is done a lot quicker than many think. Then you can expect to get a refund of $165 added to your bankroll.
Compared with regular poker bonuses, rakeback deals are far superior. When a bonus is cleared, you will not get any more money whereas a rakeback deal runs forever. It doesn’t matter what your skill level is as far as benefiting from rakeback. If you are a losing player, you will lose less. If you are a winning player, you will win more.
The most important thing to online poker sites is signing up new players. They know that every player on their site is a new income stream for them. They are willing to settle for a little less in order to guarantee that income stream, so they are happy to give a portion of the rake back both to the affiliate site and the player.
Learning about what rakeback can offer will help you decide which gaming sites to use, and in the long run, a good rakeback deal can generate quite a lot of money to your bankroll.
How Sites Make Money with Rake
Online gaming sites make money from most of their games because the odds favor the House. After you have played a game like blackjack long enough, your luck will usually run out and the House will start winning more of your money.
With online poker, the players compete against one another instead of the House. The sites make money no matter who wins because they take a percentage from the total pot (usually between five and ten percent but never more that $3-$5).
The amounts are pretty small with most games. The House might take a $4 cut on a $40 pot. While this is not much when looking at an isolated pot, it certainly adds up over several hands. At the end of the month, a regular player might look at his earnings and recognize that a sizeable amount has been raked from the top. Someone who plays poker almost every day with fairly high stakes pays thousands of dollars to the poker sites on a monthly basis.
How Rakeback Benefits You
When you sign up with a new poker site, you can do so through a rakeback affiliate. This still means that your hands will still be raked, but you will have some of that rake returned to you at the end of the month. This makes it easier for players to increase their earnings.
Say that you sign up at Cake Poker with their 33% Cake Poker Rakeback deal and play for a month. When the month is over you have paid $500 in rake, something that is done a lot quicker than many think. Then you can expect to get a refund of $165 added to your bankroll.
Compared with regular poker bonuses, rakeback deals are far superior. When a bonus is cleared, you will not get any more money whereas a rakeback deal runs forever. It doesn’t matter what your skill level is as far as benefiting from rakeback. If you are a losing player, you will lose less. If you are a winning player, you will win more.
The most important thing to online poker sites is signing up new players. They know that every player on their site is a new income stream for them. They are willing to settle for a little less in order to guarantee that income stream, so they are happy to give a portion of the rake back both to the affiliate site and the player.
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