Poker rakeback has been around for several years now, but most casual poker players still don’t know what exactly a rakeback deal is and how they can obtain a deal for themselves. Every online poker room takes a rake from every cash game hand and a fee from every tournament which is there profit, but know most poker rooms have been offering a percentage of the rake back to the players for choosing to play in that poker room. The sole reason why poker rooms offer rakeback is because they don’t want you to switch to a different poker room.
In order to find a rakeback deal you need to go through a third party provider or you need to find a deal with the poker room. Some poker rooms have started offering rakeback accounts to players, but for the most part you need to use a third party provider to find the best deals. Most of the big players in rakeback have lots of poker rooms where you can earn rakeback deals so you’ll have a wide selection of choices. One thing you need to remember though is that if you already have an account at a poker room you can’t have it switched to rakeback and you can’t make a new account as it’s against the rules.
Depending on which method you use to find your rakeback deal will determine factors such as how you get paid. If you find a deal with the poker room you want to play with then you’ll be able to get paid either weekly or monthly through the cashier system at the poker room. If you needed to go through a third party provider in order to find your rakeback deal then you’ll get paid from them and most will have several payment options to choose from.
A full tilt poker rakeback deal is mostly for poker players who play weekly because then they are losing a lot of money to rake. If you only play once a month or every couple months then you’re not really going to make much money back from your rake, but it’s still up to you as to whether or not you think it’s worth having a rakeback account or not. When you’re initially searching for your rakeback deal you should try to make sure that you spend some time shopping around. Generally the poker rooms will vary by a lot so you want to make sure you’re finding the best possible deal out there at the time. Some poker rooms are known to offer up to 75%+ rakeback for choosing to play in there poker room, but these are generally the smaller poker rooms who don’t have that big of a player base. If you don’t mind playing in these small poker rooms though then you will be able to find a great rakeback deal by searching through the smaller poker rooms at a third party provider.
You might not need a rakeback deal yet, but if you start playing more poker in the future then it’s always good to know that this option is out there for you. Rakeback has been helping many players make bad months seem decent and good month’s great months so keep it in mind.