Rakeback

What is a Rakeback bonus?

Some online poker rooms offer rakeback bonuses. The definition is not a complicated one. Assuming that a site offers a bonus matching the players deposit, this bonus is not automatically given to the player. He must play for real money before getting a chance to use the money. In other words, the rakeback releases the funds. In most cases, the percentage of money unlocked is relative to the rake made.

Rakeback bonus example

If, for example one were to make $25, the bonus unlocked could be placed at 20% of this, thus allowing the player to access $5 of his/her bonus. There is a difference between first-deposit bonuses and rakeback bonuses. Whereas first-deposit bonuses are a one time offer and elapse once the player has deposited and received his bonus, rakeback bonuses are repetitive.

Rakeback bonuses stem from the pot. It enables players to get a certain small percentage of the value of the pot and is beneficial both to the losers and the winners of the game. This is so in that for the winners, it increases their profits and for the losers, it helps them salvage a little money and reduce their losses. The rakeback percentages range from room to room but generally fall from between 27% to as high as 135%.

Rakeback accumulation

Rakebacks can effectively help a player to increase their bankroll in that the proceeds are periodically deposited into their account either monthly, weekly or however often as per the terms of agreement with the poker room. Over time, the rakeback bonuses build up enabling the player to accumulate money. Where does this rakeback come from anyway? Assess this: when one plays a game, a rake is paid on every cash game and in tournaments, a participatory fee is charged which acts as the rake in this case. A rakeback bonus is a kind of repayment on the rake contributed. It is used to cushion players from total loss and also to entice them to play the game. For players who regularly win, it is meant to keep them playing and to reward them for their exemplary skills. Rakeback bonuses may generally be categorized as flat out bonuses, the difference only being that first-time bonuses are paid out once as a percentage of total deposits while rakeback bonuses continue endlessly.

Rakeback sites

There are also some very enticing rakeback bonuses out there. For example, rakeback affiliates can end up making a lot of money simply by referring players who play under the rakeback scheme. Under such a plan, rakeback affiliate sign-ups such as Rakeback Lovers facilitate a means for people to get a rakeback referral code through which an affiliate can claim to online poker rooms that they legitimately signed up certain players under the rakeback deal. In such cases, the affiliate is entitled to receive a percentage of the rakeback earned by those players thus giving them a chance to accumulate a bankroll for themselves. Rakeback bonuses can go up to thousands of dollars for regular players and ambitious affiliates whereas the casual players end up making hundreds of dollars monthly.

Check out FatBetPoker’s Rakeback Bonus offer