Definition of Rakeback
The rake is a commission taken by the operator of a poker game, such as a casino or an online poker room. The rake is typically less than ten percent, and the operator takes it from the pot each hand up to a certain limit.
“Rakeback” is a relatively new aspect of raking that started with online poker rooms. As a form of incentive, the online poker rooms kick back a percentage of the rake based on how much a particular player contributed.
Generally, rakebacks used a tiered structure: The more a player contributes, the higher the rate of the reward. Since the most loyal clients carry the greatest burden, the goal of this approach is to alleviate some of that burden.
Most online poker players can easily save thirty percent of any rake they spend, and regular players can often save much more. In fact, rakeback is an important technique for maximizing an online poker player’s bankroll.
Another form of rakeback is the money given by online poker rooms to their affiliates.
Affiliates are typically websites that advertise for poker rooms. Rather than pay per click or impression, the poker room tracks new player sign-ups, and then pays out to the affiliate based on the rake they collect from that player.
Recent Articles That Include The Term Rakeback:
Pokerstars To Make More Changes To Its Rewards Program
Department of Justice Asset Forfeiture and Money Laundering Section Gives Thumbs Down to 1,500 Full Tilt Poker Petitioners
Pokerstars: We're Moving Ahead With Planned VIP Program Changes
Joe Cada Comments on Split From Pokerstars
Full Tilt Poker's Traffic Has Fallen Off Sharply Since Relaunch
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