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Many people play poker on-line for several hours a day. These individuals are paying a fee, or rake, or each pot that they play. Individuals playing multiple tables or playing several games a day will find that the benefits of registering with a rakeback plan gives them an opportunity to make money while they play.

On-line poker sites calculate the rake for each pot in a game. This amount usually is 5% of the pot and caps out at $3 per pot. But, if a person plays many pots each day this fee can quickly add up. The fees can “rake” up fast. This is where the term “rakeback” came from.

Poker sites have different ways of calculating the rake for each pot. Some figure the rake based on the amount of the pot and number of people at the table. Other website figure the rake on the number of people who are actually playing for the pot and the amount of the pot. In either case the amount of rake paid is normally almost the same.

Participating in a rakeback plan, a player can get some of the pot fee back. Rakeback websites receive from 35-45% of the rake from on-poker sites. A player registered with the site receives a percentage of the money that has been collected from these sites.

When a person visits a rakeback website they will find a list of poker sites that participate in the website’s program. The list will include the percentage of rake being paid by the poker site. In addition, the list includes information about any promotions that a particular poker site may be offering.

Some on-line poker sites offer bonuses to people who play at their tables. The bonuses are provided when a person deposits money to play. Some of these bonuses match the deposit to a maximum. When a player puts more money in than the maximum bonus, the bonus is automatically paid.

There are many incentives offered when one registers with a rakeback website. Some of these sites only work with on-line poker sites offering rakeback and bonuses through the site. An individual playing poker on one of these sites will receive rakeback from the on-line poker site and rakeback from the rakeback website. Working with a rakeback website offers one the advantage of finding the highest paying on-line poker sites that offer maximum earning potential.

Many on-line poker players are unaware of rakeback and lose the opportunity to get money from playing on-line poker even when they lose. One will want to include registration with a rakeback provider when they are considering playing on-line poker.

The author is a successful limit cash game player. He plays poker and receives Rakeback at Minted Poker and Rakeback at Betfair.

Tags: Casino, entertainment, Gambling, Games, Online Poker, Poker, poker bonus, rake back, rakeback, recreation