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. However, you can always see the exact amount you could earn by using our rakeback calculator on the far right of the RakebackRiver.com.
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.
One of the best poker rakeback offers if from the world’s second largest online poker site. Full Tilt Poker offers their players a great 27% rakeback deal. This rakeback money will be credited into players Full Tilt player accounts on a monthly basis. An example of Full Tilt rakeback would be if you contributed $1000 of rake to Full Tilt you would receive $270 back into your account at the months end! Sign up today and fill out the form after you’ve made your account to ensure you get your rakeback. You can cashout DAILY as well.
USE BONUS CODE: ‘RAKESPLASH’
