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Rakeback
Why is it that some folks are just not cut out to ever make it in online
poker. As the saying goes, if you cannot figure put who the sucker at your
table is within about 5 minutes, chances are you yourself are it.
The interesting thing is, it doesn’t take a lot to get better, get rid of
the sucker status and to catch up with around 95% of all online poker
players out there. Just read a little. That’s right: read. Just keeping
yourself informed about what’s out there will improve your game radically.
Take rakeback for instance: few beginners are aware that there is such a
thing being offered and what it consists in. Once they find out about it,
if they ever do, they’ll wonder how they ever got by without it.
When you play at real money tables online, you pay rake. The
poker rake
is how the poker room makes its money. The rake has a huge impact on
player performance because it channels funds away from your bankroll in a
hardly noticeable manner.
Before it is warded to the winner, every single pot is raked. That means
it is the winner who pays the rake, right? Wrong.
It is in fact every player who puts money into the pot that pays the rake.
Notice that I said “before it is awarded to the winner” above. That’s
right. Before it is awarded to the winner, the pot is a standalone entity
at the table, one that every active player has an equity in. It is
therefore safe to conclude that everyone who plays in the hand pays a part
of the rake.
Like it or not, this is the truth and this is how poker rooms calculate
individual players’ rake contributions too, Rakeback gives you a set part
of the poker rake you pay back. This is why signing up for a rakeback deal
more than makes sense: it is a must. Take the
rakeback full tilt poker offers for
instance: this deal gives 27% of the rake you generate back to you.
Other rakeback deals like the
interpoker rakeback or the Pacific poker
rakeback offer 30% rebates. Square rakeback deals can go as high as 50%,
anything higher than that is usually a prop deal, which is kind of a
different monster.
It is
theoretically possible to get more than 100% of the rake you generate
back, but thatls something I’ll discuss in a different article. |
