Rakeback - Get your cut of the house commision back!

When you first start playing online poker, you keep hearing about rakeback. Rakeback can be the factor to tip the scales in your favor when you've had a miserable month at the poker tables and bring you out of the red. There many players who are actually living from their rakeback and not from their winnings.

What is "rake"?
The scaled commission fee that each card room or casino takes when operating a poker cash game. Both online and live casinos operate in this manner. In a tournament, the rake is taken from the fee paid to take part in the tournament. Most casinos take between 3% and 5% from the pot. However in a tournament, the rake is determined by the size of the tournament BuyIn, most casinos keep about 10%. For example, if a Sit&Go tournament cost $11, then $10 go to the prize pool and $1 goes to the provider. Therefore you often read in the tournament lobby $10+$1, $33+$3, etc, the +number is always what the house takes.
In a live casino, the amount withheld from the prize pool is often more going for drinks or food provided. For example, many casino tournaments have a $35 BuyIn, where only $25 lands in the prize pool and the casino takes the remaining $10 (going towards the rake, 1 free drink and a snack in the break).

What is "rakeback"?
Rakeback is the system, where you get a predetermined percentage of the house take back in cash at the end of the month. This percentage differs according to poker room, playing volume and rakeback provider, but are typically start at 10% and can go up to 80%. For the poker room providers, the rakeback system is from their worst nightmare. They hate it and very few advertise their rakeback policy. Last year PartyPoker even banned their partners from advertising rakeback.
 
Is rakeback worthwhile?
Yes, rakeback is definitely worthwhile. Even when the percentage on a single pot seems to be quite tiny, the volume and number of hands played is what makes the system so interesting for the players. At a 6-max cash game table, between 60 - 90 hands are played per hour. The typical online poker player is playing between 4 and 6 tables simultaneously. The players who are living only from rakeback are playing 24 and more tables. The large number of played pots adds up very quickly and to big payouts. Depending on the limit played, you can be earning 5 figure amounts in a month just from rakeback.

Here is an example of a typical rakeback grinder: time frame of 1 year, NL Texas Holdem with blinds of $.50/$1 at 6-max tables:



What you first notice, is the amazing number of hands played - over 1.1 million hands were played- just on Pokerstars, the player also has still active accounts at least two other poker rooms. That means, he is playing on average over 3000 hands per day.

The second thing is the low BB/100 value of 0.65. This value is the winning rate in Big Blinds per 100 played hands. A normal value for a winning player in this limit is between 2 and 4 big bets/100 hands. You can see that our player here is not that good at poker theory, otherwise his winrate would be much higher.

Our example player won only 65 cents after 100 hands played. That corresponds to a yearly win of $7592.

The small win rate is due to the fact that our player is playing 20 tables of ABC poker without much analysis of single hands being played. However at the end of the year, he has a total winnings of over $32,000. Almost 80% of this ($25,525) is due to his rakeback.

You can see that you don't necessarily need to be one of the best poker players in the world to be able to live from it, sometimes just the sheer number of hands played will be enough to provide a nice living.

How do I get rakeback?
Since the poker rooms seldom offer their players directly rakeback, the rakeback providers are often middle men. The rakeback providers bring large numbers of players to the poker rooms and are therefore able to negotiate special deals with the poker room providers. Here at Onlinepokercash we have found a partner at Bankrollbuilding.info that offers the largest Rakeback offer on the internet. There are over 20 different poker rooms to choose from and the rakeback percentages are the largest you will find in the internet. 



- In order to be able to get your rake back, first you have to open an account at Bankrollbuilding.info
- Then you look for the largest rakeback offer from the large selection given
- You then start playing at the new provider. You can also watch and keep track at all times your rakeback winnings at banrollbuilding.info
-At the end of the month you get your rakeback directly in cash onto your poker account. This takes place automatically, you don't have to do a thing.

<< Go to our partner Bankrollbuilding.info and sign up to get your own rakeback! >>