Understanding Rakeback

This may be a term you are familiar with, but whether you are or aren’t, you can still use it to your benefit by understanding exactly what this term means for you, and how you can use it to your advantage.

First, rakeback is a common practice by almost all Poker venues. This is a small percentage that the house keeps from every pot that is played. They use this to pay employees, and as a sort of “charge” for playing at their table, considering you don’t play against the house.

A company that provides rakeback can refund you a percentage of this money. For example, if the house takes $4, and there are four players, that is only a dollar from each. this may not sound like a lot, but if you play something like twenty thousand hands, this can add up very quickly.

Once your rakeback is tracked during your online play, you can be refunded a percentage (often as high as fifty percent) of this at the end of the month or even the week. Suddenly you can be getting a couple thousand dollars every month just from the rakeback alone.