Rakeback Bonuses

About rake

Rakeback tastes goodAs highlighted in our previous sections, an online poker bonus is generally cleared by playing the required number of raked hands specified by a poker room. A raked hand is a real money hand in which your bets go towards the pot winning from which the poker room takes their commission for hosting your game. This commission is known as the rake. In terms of a poker bonus, the amount of raked hands you must play for that bonus depends on the site visited – you can get instances where it can be up to 10 times the amount of the bonus being cleared e.g. playing 2000 hands so as to clear a $200 bonus.

Rakeback

Rakeback acts as a cushion to players that are new to the game or those experiencing a bad run. Rake affects a player in different ways, be it in a tournament or a ring game. Rakeback has more effect in ring games because of playing the rake more often e.g. if you are in 30 hands in an hour with an average of $0.10 paid in rake, you end up paying the online room $3 an hour. Rakeback enables one to get between 27%-33% of that money back and while it is not a lot, if you are involved in multi-tabling and putting in the hours, there is a lot more money to be made.

Rakeback in action

At Aced Poker where they take $0.05 in rake for every $1 that is in the pot, they pay rakeback of 30% and use the contributed method to calculate it i.e. if one plays 30 hands an hour with an average of 3 players in the pot and an average of $1.25 taken out in rake, one is credited with $0.42 in rakeback. From this one can figure the rakeback earned at 30% by $0.42 by 0.30 = $0.12 in rakeback earned per hand which in an hour would amount to $3.60. If you kept at it hourly for a month you would end up making $108. If multi-tabling, the money to be made by rakeback increases much more.

Different poker rooms calculate rake differently as it can be determined based on stakes, number of players in a hand, whether or not a player was involved in a hand and how much has been contributed to the pot.
Rakeback benefits poker players as losing players can break even, break-even players are turned into winners with winners getting even more money. The true merits of a rakeback are to be seen in the long term. You do not need to be concerned much as you will earn 1/3 to 1/2 of it back. There are immense benefits to be derived from having rakeback. As long as you play to clear a bonus, the actual rake paid will often be reduced to zero or as close to zero as possible and this alone may turn a player into a winner.

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