Rakeback Basics for Online Poker Novices

Much ado has been made in the online poker industry in recent months about rakeback. I’m not writing about that controversy in this article, but suffice it to say that many, if not most, poker rooms and networks are not fond if it. What I am going to do in this piece is educate those of you who are new to online poker rakeback, namely discuss what it is, how to go about getting it, and what to look for in your rakeback arrangement. Let’s start with a quick explanation of rakeback. It really is just want it sounds like – it’s a payment made to you, the player, in which you get back a portion of the rake you have paid to a poker room. The term “rake rebate” used to be common as well, but rakeback is what you will hear the most nowadays. It is basically a way to play poker for a discount. Almost all high volume players play at a site where they get rakeback, as it serves as a supplemental income stream. It can make winning months even better, can turn break-even months into winning ones, and can ease the pain of losing months. The logical ...

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