About Poker Rakeback
In contrast to other casino games, in poker the players bet against each other and not against the house. In this situation poker rooms, both online and land based have come up with the rake system as their source of revenue from poker players. Rake is a small percentage of the table pot paid out to the house each time the bet is placed. Consider it as an entrance fee for playing at a certain table. And while the rake amounts are very low (usually 5% of the total amount of bet), poker rooms earn a lot of money through this system. A typical online poker player could give out thousands of dollars to an online poker room each month, and when the overall number of players reaches up to tens of thousands of people (a typical large online poker room) you don't have to be very good at math to understand that the money earned by the house from rakes is enormous.
Rakeback is simply a rebate the players receive from the poker room affiliate for joining the site. It is a percentage of the overall amount of money spent at the site's table that is paid out every month. The percentage differs from one affiliate to other, and usually ranges between 25 and 40 percent. For example, if you rake $2000 during the month, a 30% rakeback will give you $600 of revenue. And the more money you bet at the table the larger will be your rakeback. This is what rakeback is all about – making you rake more money with the scope of receiving a larger rakeback.
There are no real drawbacks to rakebacks because who will refuse from getting extra money while playing poker online? The only possible limitation is that you will have to stay with one affiliate. But no one restricts you from switching to another if you get a better deal at another site.
