Poker Rakeback - An Easy Way To Be Rich

Poker Rakeback - An Easy Way To Be Rich

Poker philosophy says that the best players are those who win all the money. This conventional wisdom is true but it's not just due to the player's potential or skill, the biggest hidden cost in poker is RAKE. The rake prevents poker from being a zero-sum game -- one in which the winners all win and the losers all lose.

It wouldn't be an exaggerated story if we say that poker rakeback is one of the greatest innovations of the online poker boom. Fundamentally, it's a deal between you and the house to redeem a part of the rake you pay and return it to your bankroll. Online poker rooms make a better option than running a brick and mortar poker room because the expenses of running online rooms are dramatically lower than other poker rooms.

Playing Rake Back

Many players still don't have complete understanding of the theories behind the rakeback and its positive effects. The rakeback process goes like following:

One way to begin winning money back from the rake you pay, is by signing up with an online poker affiliate. Basically these websites advertise poker rooms and keep track of the amount a player pays during a month. If a player has signed up through any of the affiliates, the poker room pays that affiliate a percentage for making that player join poker game. For almost every single hand that is played, the poker site receives their share and gives a part back through the affiliated rakeback site. The percentage raked varies from site to site, generally it is around 5%. The game is not about winning or losing; poker rakeback is all about making good profits.

For example, Tom wants to play some online poker at XYZ poker. He finds an affiliate who offers him 25% rakeback there. That means the affiliate will pay Tom 25% of the money XYZ poker charges him to play every month.

Though 5% is not a big amount but if you closely watch the increasing popularity of poker and the number of players involved, the total number of hands dealt reaches enormous proportions. Now just imagine how much 5% of all the hands dealt in a week means. You will observe that 5% is not a small figure that you were assuming and the winnings of gambling rooms are not just peanuts.

What is the importance of Poker Rake Back?

As poker sites take the rake automatically most players don't come to know that they are being charged. What many people don't realize is the effect of rake on their play. It's not just about beating other players on the table but you must beat the rake also. If rake is not a part of the game, one who would not win money will end up as a loser after factoring in the house fee. Approximately 50% of all poker players fall into this category. But once you introduce rakeback in the formula for poker there will be less losers in the game. Poker rakeback could possibly turn you in to a winning poker player. If you are already winning rakeback will be a valuable added bonus every month.