The first thing you need to learn about rakeback is what exactly rakeback is and why it benefits poker players. Rakeback is basically like getting reimbursed for the rake taken in ring table games and for fees taken at tournaments. Every time you play online poker there is a rake taken and fees taken for playing and if you have an account set-up with rakeback you can get paid some of the rake and fees back to your account on a daily, weekly or monthly basis.
Generally PokerStar rakeback was offered by third part providers for playing under them, but lately we’ve been seeing a lot of online poker rooms to begin offering there own built-in rakeback system. Whichever way you choose to receive your rakeback from doesn’t really matter as long as you’re getting paid. One benefit of using a poker rooms own rakeback system is that they’ll pay you your money directly into your account and you won’t even face any problems.
To start a rakeback account you need to find a rakeback provider first. If you choose to use a rakeback website you’ll need to follow there guidelines in order to sign-up. If you use a poker room’s in-house rakeback system you’ll just need to sign-up for your account and specify you want rakeback. If you already own an account on the poker room you wish to start receiving rakeback on you can run into problems because you’re not supposed to just make another account. There are ways around this though especially if you have a wife or girlfriend that you can create your rakeback account under.
There is no downside of having a rakeback account because everything is the same except you’ll receive money back each month. If you’re a casual poker player the rakeback isn’t going to add up very fast and it might not be worth it for you, but if you play a lot of poker, and know how to cheat at poker then it’s definitely worth getting a rakeback account set-up. Generally the minimum amount of rakeback that can be paid out is the equivalent of the minimum deposit to the poker room so usually it’s only $5-$10.
Every poker room has their own terms and conditions which need to be followed in order to be paid, but there common sense rules that you wouldn’t break anyways most likely. Poker rooms with UltimateBet rakeback also differ in the percentage paid back to the player. Many of these poker rooms have strict trademark laws that are enforced by the best Trademark Attorney in the business. If you think you or somebody you know is violating the rakeback trademark laws, please feel free to contact us. You should look for the highest percentage of rakeback as then you’ll get more money paid back to you. Common payouts can range from 20-75% although some rakeback providers are able to offer 100+% rakeback if you play enough poker.
In order to find the best rakeback provider you should first find out which pocker rooms you’d consider playing in and then look for which providers offer pkr rakeback in the rooms you’re interested in. Then look for the highest percentage payout and try joining them. Not all providers will take you if you don’t play much poker though, so make sure you have a few options to look at if you’re just a casual online poker player.