In order to understand what rakeback is, you would need to understand how poker rooms earn their revenue or earn their funds in online poker. Whether it is a tournament or a cash game, the poker rooms would take some part of the buy-in fees. For the most part, the poker rooms would take 5% of the revenue from each pot in cash games. This fee is referred to as the “rake” and a majority of players do not even notice the process. As a matter of fact, poker rooms make large sums of money from these percentages, which turn out to be a great revenue stream in the long run. Besides revenue, popular online poker sites make millions of dollars as “profit” from the tables itself. Its very different from the revenue model of casinos online which earn money not from rake but from when the player loses against the house.
Rakeback, then, is a monetary ‘thank you’ from the poker room whereby a percentage of your generated rake is returned. Poker rooms calculate rakeback using one of three methods: Contributed Rakeback: This is a percentage of money that you actively contribute to the pot. For example, if you bet $10 dollars in a hand, and the poker room takes. '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.
Rakeback in Online Poker and Promotionals
Lately, rakeback has now turned into an exciting promotional scheme for the affiliates referring and recruiting players to poker rooms. As soon as you sign up for rakeback on a poker site, you would receive a percentage of the rake generated by the poker room. Hence the process is called a “rakeback” process.
In most cases, the rakeback figure is about 30%. Hence, from the 5% amount generated by the poker rooms from the pot, they would give back 30% to the players as a part of the “rakeback” figure. At the same time as this may not seem to be significant amount, but once you play poker for a longer period of time, it turns out to be a big amount. A majority of professional players make around $50,000 a year, from rakeback alone, besides the profits they make while playing poker. In order to claim the rakeback, you don’t really have to be a regular player. It has been observed that low limit players with a bankroll of merely $100, can also make about $1000 a year, simply by playing on smaller stakes cash tables.
Nowadays when online poker is not legal in USA, there is questions about if rakeback will return even if online poker gets legal again. Rakeback deals in Europe are not that common anymore for example. So new poker rooms has rakeback promotions, otherwise it’s back to poker bonus in many cases.
The interesting part about rakeback is the secrecy that surrounds the phenomenon. Prominent players already know the fact that poker sites do not advertise or promote rakeback schemes to the players to register with them directly.
Rakeback on Winamax Poker
Rakeback Pokerstars 2020
Get a rakeback deal today! Winamax Poker is not listed at the moment, and therefore Winamax Poker Rakeback is not available at the moment, unfortunately. If you are interested in Winamax Poker Rakeback please contact our support and let us know in order for us to get an idea of how large the demand is regarding Winamax Poker. However, feel free to check out the current Rakeback Deals and VIP Cashback Deals available here at RakebackSafe.com. Poker players from USA may check out the page with U.S. Poker Sites With Rakeback. Players from european countries may have interest in our page with the best EU Poker Sites.
Do you have any idea what rake and rakeback is? When playing at the poker tables online or offline, the site/house takes a fee from every pot on every table, this is called rake, and that is how Winamax Poker and other sites make their money. RakebackSafe.com players can get a percentage of this rake/fee back, called a rakeback deal, it´s like a discount on the rake, and we help you get it. If you would like to get more information and learn about rakeback, check the: Rake FAQ
RakebackSafe.com only list the best of the best online poker sites, we always make sure to only add the safest, most secure, and trustworthy online poker sites with great reputation. And, these sites would also need to offer our players rakeback or, some kind of special VIP cashback deal.