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| Best Poker Tounament |
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Rakeback – Good for You and Good for Poker
A player that has poker as an occupation, a
professional player, needs to be in a game where there
is a lot of money in action. And the favorite type of
money is the dead type, which is money owned by bad
players who have no, or little chance of being winners
in the long run. Those players provide the professional
poker players with their income.
It is commonly known that over 90% of the players online
actually loose money from playing poker. This may sound
strange to a lot of people. Many think that 50% of the
players online are winning and 50% are losing, but that
is not true. It could never happen because the house
takes rake from every pot. Rake is the fee that players
pay to be in a hand, and it is deducted from every pot.
If a player wins a $100 pot he will get maybe $97, and
the poker room will keep $3. Money is constantly leaving
the game.
To understand what is rakeback, you must first learn how
poker rooms make profit by charging rake from all real
money players. Rake is the only way for poker rooms to
make money, since unlike with other casino games, in
poker the players are wagering money against other
players and not against the house. Think of rake as a
small entry fee taken by the poker room for organizing
the games.
The rakeback is a stated percentage of the rake that the
site refunds to players at the end of each month.
Essentially, a portion of every hand that you play goes
to the poker site, and if you sign up for rakeback,
you’ll get some of that money back from every hand that
you play. There are two prevalent types of rakeback
calculation, so you should decide which one is best for
you before signing up with a new online poker site.
Dealt Rakeback or Contributed Rakeback?
Poker players do not directly lose any money to the
poker room, but the room is steadily raking in micro
payments from every cash game pot and tournament entry.
The proportion of rake taken online is roughly the same
5% of pot size as in brick and mortar casinos, and
depending from stakes it can be anywhere from one cent
to five dollars.
The problem with rakeback is that it is not openly
advertised. Instead poker rooms do their best to hide
the fact that you can get rake back from them. As a
consequence of this, a vast majority of all online poker
players does not even know there is such a thing as
rakeback. |
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