Poker Rackback Meaning, Importance and Benefits

Before understanding the meaning of rackback, we should first learn how poker rooms make their earnings in online poker. Whenever, you play online poker, whether they are cash games and tournaments, the poker will take a small proportion of the buy-in fee. In cash games, poker rooms usually take five percent from the value of every pot. This is generally called a “rake”, and many poker players don’t even notice it occurring. The reality is: the amount poker rooms take from rake increases to a huge amount in the long run. The prestigious online poker site, Poker Stars, makes around $500 million in profit from the tables. (It’s only profit, not revenue.)

Now rakeback is a comparative new phenomenon in online poker that only actually started a few years ago, and has now became a great promotion scheme for affiliates recruiting and referring players to poker sites. When you register to rakeback at a poker site, you get an ample proportion of the rake you make a poker room back - so the term rakeback. This figure is around 30%, which means you're getting 30% from the 5% the poker room takes from each pot you enter. While this figure doesn't seem that much, when you're playing poker from a casual level onwards the money this accumulates is huge. Many poker pros will make up to $50,000 per year through rakeback alone - this is apart from their actual profits directly from playing poker. And the fact is, you don't need to be a regular poker player to take benefit of rakeback. Even low limit poker players, having a bankroll of just $100, can start making $1000 every year playing micro stakes cash tables.

The most exciting part about rakeback however, is not it's latest emergence, but instead the mystery surrounding it. Poker pros will already know that no poker site at this time promote or offers rakeback schemes to those players who register to the poker room directly. This is decisively done by the poker site, as offering rakeback to players heavily reduces their profits (ultimately, they are offering 30% of their profit margin), hence they don't openly advertise needlessly to players who don't understand about it. In order to get rakeback, players need to register new accounts to poker rooms through rakeback providing affiliates. These can be simply found by a quick search in Google, and will eventually make you much more earnings from having a rakeback account throughout your lifetime than any other poker bonuses, offers or promotions will ever make up providing.