Explain rakeback and it's pros/cons
I'm finally going to invest a few bucks online and keep hearing about Rake-back. What is it? Who offers it? What's the incentive to those people that do offer it? Just looking for a good understanding from the ground up before I decide to do it.
Comments
Pro: free money
con: you have to play to earn it
for long term, rakeback is always good.
i play 4 month, and the amount of rake i have paid has surplus my bankroll.
if you don't have rakeback, you are missing out.
contact me if you want me referral you ^^ i certainly don't mind.
Each hand/tournament/sng you play on a site, you're paying the site a fee which is called rake.
Poker sites usually have affiliate programs in which affililates (rakeback sites) introduce players to the poker site. In return for the referral, the affil gets a % of the rake that that player is paying. The rakeback affiliate then pays you back a % of what they got...thus you get rake back.
Example:
You sign up on Full Tilt via a referral link from www.arakebacksite.com
you play on Full Tilt and pay $100 in rake over the course of a month.
Full Tilt pays a percentage of that to arakebacksite.com, let's say $50.
arakebacksite.com then pays you $27.
There really isn't any con to using a rb program because you pay rake on EVERY site and anything to reduce the amount you pay is just more money in your bankroll.
PM me if you would like a referral to a rakeback site.
Con: if you don't like the site and decide to quit playing there, other affliate gifts or bonuses might be worth more to you.
I started off playing several sites for the gifts I could earn. But in the long term, it would have been better if I had been on rakeback instead. Especially on sites that have since ended the rakeback availability.
Some sites, you just can't get rakeback at all, like PokerStars and Party Poker, most (if not all) of the sites on the OnGame network, etc. Make sure you sign up for a gift through one of the affliate sites like Pokersourceonline if you decide to play at one of those. Might as well get something instead of nothing.
You can pm me if you want more specific site info.
labeach2002
labeach2002