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.

Full Tilt Deposit

I haven't made a deposit in quite some time and I guess things have changed. I tried to use my credit card and debit card to make a deposit on Full Tilt. Both of those were denied. So, I used their Cash Transfer option. This was really easier than I thought it would be. I emailed Full Tilt to get the cash transfer directions and I went to the ATM to withdraw my cash. Then, found a nearby store that used Money Gram. Filled out the form to wire the money and went home to verify everything on Full Tilt. Believe it or not, the money was in my poker account in less than 10 minutes. It's definately not as easy as using a credit card but, it wasn't difficult either. The fee for Money Gram was $9.95. Not too bad. I can't wait til we get rid of this stinking UIGEA. I think the fish are still out there but, it would be easier for them to make a deposit with a credit card. I think we will see a poker boom again when this UIGEA is out of here.

Full Tilt Next

I really suck at this blogging thing. I hardly ever post. Well the $10,000 challenge is still a work in progress. A very slow work in progress. I haven't played poker in over 2 weeks. I've been busy doing a number of things around the house now that the weather has been warmer. I was going to move my money over to Full Tilt after I cashed out at OddsMaker but, Poker.com gave me $10 to come back and play at their site. I took their $10 and ran that up to $125. So, I cashed out at Poker.com and finally I'm moving my money to Full Tilt. I'm signing up through Rakeback and depositing $600 so, I can get the full benefit of the Full Tilt 100% signup bonus. It's a really good deal. If I play just over 1 sit-n-go a day over 120 days, I can clear the full bonus. That shouldn't be a problem. As soon as I get my check from Poker.com, I'm off to Full Tilt.
I went to Biloxi a few weeks ago with BrainMc, Surflexus, and 2 other friends. I did well at the poker tables and lost about half of my poker winnings to BlackJack(Doh!). The Biloxi trip padded my bankroll and I'm ready to continue my $10,000 challenge. It just might take me 50 years to get there.