Sunday, December 19, 2010

Rakeback

Why do I like rakeback? Because it saves me alot of money. I play the micros and I have made over $300 more because I have rakeback. It's definitely worth it and it's nothing but a plus to have it. I'll explain how casinos use rake and how I get rakeback.

The Rake: The online poker casino where you play takes a rake for each tournament or for each pot in a cash game. If the tournament is an $11 buy in, $10 goes to the prize pool and $1 goes to the casino. For a cash game, each pot that is won, the casino takes a percentage of money from that pot. That's how the casino makes their money.

Rakeback: I play at Full Tilt and I get 27% of the rake back. It adds up especially if you play higher stakes. Most online casinos allow 30% or more Rakeback. Every Friday I see new money in my account automatically. I do nothing at all. The rakeback provider I use is called Rakeback.com. Make sure to add my name(MainEventMike) as the referral. This next sentence is important. Register for rakeback before you sign up to a new poker room.

Here's some information directly from their website:
How It Works
Getting rakeback is as easy as downloading a poker client.
We provide download links and codes to software of online poker rooms, which have rakeback added on as an extra service. You just play poker and get rake back!

1) Create New Poker Account
Select a new poker room from rakeback offers. Our tracking links ensure your new account is receiving Rakeback, but to take advantage of any bonuses - please enter the code (if applicable) when opening your new account.
2) Play Poker as Usual
Once your rakeback poker account is set up, all you need to do is play poker. You can see your daily rakeback accumulate in our online Rake Tracking service.
3) Get Rakeback and Watch Your Bankroll Grow
Rakeback is automatically paid directly to your poker account once per week or month, depending on the poker room.


Are you playing at Full Tilt and don't have Rakeback? If you have an established account at Full Tilt, go to the website listed below(As long as you signed up at Full Tilt directly through their website, you can still get rakeback).
http://www.rakebackpros.com/
***If you have any questions, leave a comment.

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