What is Rakeback?

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In order to define Rakeback, we must first define “poker rake”. Every online poker room takes a “rake” from each real-money poker pot in order to sustain operations. Unlike online casinos, the “house” has nothing to gain. Poker players compete against one another, not the site. The poker rake is taken to cover site costs, administration fees, and of course make a profit.

The standard online poker rake is 5% up to a maximum of $3. Some sites may collect up to $5 in high stakes games, and only $0.20 to $2 in low stakes games, but on average, %5 up to $3 is the industry standard.

Rakeback is when a player gets back a portion of their contributed rake. The average Rakeback deal is normally around 30%. So if you contribute $1 to the rake of a hand, you would get about $0.30 in online poker Rakeback for this single hand you’re involved in.