July 24

Rake Back – Have the Poker Sites Pay You

For those of you  who are new to poker or just may not be aware of what Rake Back actually is I’m going to explain how  important it is to your poker bottom line. To start off, what is the rake? Basically this is the amount of money that the poker rooms, either online or offline keep as their cut for hosting the poker game. If you have ever sat down to play a tournament online and had to pay that extra little fee, that is the rake. The normal amount taken is 10 percent for SNG's and MTT's. Look at this example.

If you play a $10 SNG then usually you will have to pay $1 as the rake fee.  For a $30 MTT the rake would be $3 and so on. Now that you know what the rake is, you can probably guess what the term Rake Back means. In a nutshell it’s a portion, anywhere from 27% to 100% that the poker rooms will give you back for playing at their sites.

Why do the poker sites do this?

The costs of a regular land casino are much higher than online poker rooms as you can probably imagine. Since their expenses are much less, these poker rooms can offer these incentive bonuses to encourage new customers to join their sites.

So how much can we get back?

To answer that question it all depends and how much you play, but let’s  look at an example. Let’s say you  play twenty $20 SNG’s per week. The numbers would look something like this:

# of SNG’s :                        20
Rake Paid (Week):          $40 ($2 x 20 SNG’s)
Rake Paid (Month):        $160 (4 weeks X $40)
Rake Paid (Year):             $1,920 (12 months X $160)

Now if we use a typical Rake Back Deal of 30%, you would get back $576 over the course of a year. That's pretty awesome since you would be playing these games anyways. Your numbers may look different depending on the levels you play, but I'm sure you get the point. Most of the programs pay out once a month, but others are weekly and some daily. The best part is that Rake Back offers are FREE to join and there are usually no minimum requirements that you have to play.

What it comes down to is that you are getting FREE money for playing anyways. If you aren’t using Rake Bake then you are leaving money at the poker table.

If you are interested in learning more about being a Winning Poker Player, go ahead and grab a FREE copy of my special poker report: "Poker Secrets - 5 Mistakes to Avoid Even Before You Sit Down at The Table" by visiting http://www.virtualpokercoaching.com

Filed under Sports Betting by Sports Better

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