What is the definition of Rakeback and how do it get it?
What is meant by rakeback for online poker and how important is it? This question we will explained you in this article in great detail. Hobby poker players and beginners may have heard the term rakeback tossed around, we’re here to clear up any misconceptions. Learn how ambitious and professional poker player leverage rakeback for real cash below.
To explain the concept of rakeback in poker, we first need to define the term “rake”. Rake is a small percentage of any cash played in a cash game, sit & go or multi table tournament, that goes to the Poker Room to run their site.Rake is central to the business model of all online poker rooms. The moment you begin to play online for real money, you’ll automatically begin to generate rake. The rake is always a percentage of the played pot (in the cash game), or a share of the buy-in in a tournament. It is generally between four and ten percent. On the smaller limits, the rake is often slightly higher than on the bigger buy ins.
Think of Rakeback as a kind of thank you from the poker room in which they return a percentage of your generated rake back. The providers calculate the rakeback using one of three methods:
- Contributed Rakeback: the rakeback is a percentage of money that you actively contribute to the pot in games played. If you bet $10 dollars in a hand, and the poker room takes 10%, then their rake is $1. If the rakeback is 25%, then you get $.25 back.
- Dealt Rakeback: The rakeback is returned to all players who are dealt a hand. If you are at a table with 4 other players and the pot reaches $100, the Poker Room will take $10 at a 10% rake. If there is a 25% rakeback, the then 25% of that rake, $2.5, will be split evenly among all players. So you would receive $.5 in rakeback. The Dealt Rakeback is therefore the best solution for tight players who generally play fewer hands.
- Progressive rakeback: A hybrid of one of the above deals, your rakeback percentage depends on the number of hands played or rake paid. If a player is very active and plays a larger number of hands, then their percentage increases. The more rake a player generates, the higher the percentage he gets back. Under this scheme, frequent players and multitablers have a clear advantage over casual players.
YourPokerDream gives you the opportunity to receive special VIP Rakeback deals, which bring more rakeback to both frequent and occasional players than they would normally receive from the poker rooms. These deals are available exclusively through YourPokerDream when you sign up for our many partner rooms.
How do I maximize my Rakeback?
Volume/Samplesize is the secret when it comes to earning as much rakeback as possible. Turbo or super turbo Sit & Go (SNG) tournaments are especially valuable for generating a lot of Rakeback. Without rakeback you should not play turbo/super turbo SNG’s, because in the long term you pay too much rake.
We offer exclusive VIP flat rakeback deals for players who want to increase their win rate. Be sure that we will offer you the best possible rakeback deals and the most exclusive promotions you can find in the net!
Our recommendation: Definitely BestPoker, GGPoker (For players from UK available), or Natural8 from the ggpoker network. Many fish from all over the world, 24/7 traffic at all limits. super modern software and a fantastic rakeback deal, make playing at these 3 sites very profitable.
Our other rakeback deals are also nice and very profitable of course!
Just click to the red ” Visit……” Button and you will be redirected to the operator to sign uo. Please do not forget to send us after your registration your username, that we can check all and activate our vip rakeback deals
YourPokerDream recommends the following YourPokerDream Deals to maximize RB:
600$ Bonus/YPD VIP Deal
500$ Bonus/Up to 60% Rakeback
325$ Bonus/Up to 60% Rakeback
200€ Bonus/Up to 65% Rakeback
2.000€ Bonus/35% Flat Rakeback+ Rake Chase
2.000€ Bonus/30% Flat RB+Rake Chase
1.000$ Bonus/Up to 100% Rakeback
250$ Bonus/Up to 60% Rakeback
1.000$ Bonus/Up to 60% Rakeback
2.000€ Bonus/30% Flat RB+Rake Chase
2.000€ Bonus/30% Flat RB+Rake Chase
1.000$ Bonus/US Players Welcome
Is Rakeback important?
Is RB very important to understand? For casual gamers, who are only occasionally found at the online tables, rakeback is not as important. Casual players are focused on enjoying the game, and generate small rake, but even a casual player should be happy to receive some extra cash. Ambitious or professional players should be well aware of rake and rakeback as it is a significant part of their winnings.
If you include the rakeback in the calculation, players with small losses can suddenly become winners. The higher the RB the higher the profits. A good RB deal is a must for any regular poker player.
Affiliates like YourPokerDream receive commissions from each poker site they send a player too, can offer incredible value to poker players by increasing their RB.
When is Rakeback important for players?
Rakeback is particularly important for the regular player. The more hands you play, the more money returns to you. But rakeback is important for everyone, higher rakeback always means more money returning to you. If you work a normal job and your boss offers you to pay 10% more salary each month without doing more, no one says “No thanks i do not need it”.
Can I live off Rakeback?
Although it is almost impossible for casual players, there are actually many grinders who can live entirely off rakeback. Of course, it depends a little on where you live, what limits you play, how much rake you make, etc. These poker players grind hard and do it “full-time”.There are many poker players from the USA who move to Thailand where they play online poker and have a good lifestyle due to the exchange rate (USD in Baht) and the low cost of living. These players are not often living on RB alone, but see it as as a bonus. But there are poker players who only live on rakeback!
Imagine you live in Thailand in a shared flat where you can live well with the equivalent of $ 1,000. You play Turbo Sit & Go tournaments $10 + $1, and you have a YourPokerDream VIP rakeback deal with 50% RB. How many hours a day and how many times do you have to play to live off RB?
$1000 RB at 50% means a total rake of $2,000
$2,000 rake / $1 rake per SNG = 2,000 SNG per month
To get RB $ 1000 you need to play 2000 SNG’s ($ 10 + $ 1) per month. With a little experience and a good mindset, this is completely realistic. A normal worker works an average of 160 hours a month. If you were to play poker 160 hours a month, you would need to play 12.5 SnG’s / h (2000 SNG’s / 160h). This is quite easy to achieve for a normal grinder!
As a result, many players finance their studies with it, make some money or even play full time as a job. And that’s just the RB! This means that if you play 2000 Sit & Go games and Break-Even, you can already live on it. But most experienced players have a higher win rate than just break even. Even a win rate of 1% would increase your earnings significantly. And of course, there are many players who play more than 2,000 tournaments a month, as they play a higher number of hours, or just several tables at a time.
The simple fact is that getting as much RB as possible is very important and is one of the most important lessons for an online poker player who wants to maximize their winnings. Without rakeback, you’ll give away hundreds to thousands of dollars every month. As in the free economy, a poker player has to learn to maximize his winnings, and a lot of the winnings come from rakeback.
How much Rakeback can i earn?
This is difficult to say. YourPokerDream offers you the best possible rakeback deals all over the world. You can earn minimum 50% RB at our partner rooms, and at some rooms even up to 100%
Can I earn Rakeback at every poker room?
Yes you can earn at every site rakeback and we are able to offer you at all our partner sites some every site some every exclusive deals to maximize your RB.
Which rooms brings me to highest Rakeback?
This depends on the volume you are playing and the kind of games. Check out our list of rooms above where we offer up to 100% RB at our partners.
Are Flat Rakeback Deals legal?
Yes all flat deals we offer are 100% legal. These days flat deals are absolutely normal for almost every poker room. Some years ago most poker rooms and networks were against such deals, but no longer.
Does rakeback increase my winnings?
Yes of course. A good rakeback deal greatly increases your winnings. Thats why every good poker player is always looking for the best possible rakeback deal. There are also many player who make money only through rakeback winnings. They play break even but the rakeback means they earn more than they spend.
Is Rakeback only important for professional poker players?
No, it is important for every kind of player. A hobby player who is playing just for fun is just as happy to receive extra cash as a professional poker player.