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Are you a regular online poker player? Are you getting rakeback? Do you even know what rakeback is? If you do not know what rakeback is, then this article is right for you and could probably save you money. rakeback could turn a losing player a break even player. It can also make slight winner into solid winner and solid winner into an outstanding earner. While reading this, you might be asking yourself “What then is rakeback and would it be good for me?”

Rakeback is a kind of percentage refund on the rake that you give. Almost every hand that you play has a small amount charged and paid for the house. The amount that you pay is called the rake. Normally the house charges every $1 to $5 from each pot. This way, the casino and online gaming rooms earn profits and pay their employees. Sometimes, the rake seems small and very worthless. If you take a closer look, the house is already earning a lot of money from your table. Now, you may be able to get a refund. The question now is how?

The providers of rakeback will keep a record of your online game and the rake that you pay. The rakeback that you will get is calculated by dividing the total amount of rake by the number of players in that table. For example, if there are six players and the rake is $3, each player would get $0.50 of the credited to them. Normally, the payout is between 25% or 50% of the total rake that you earned. This is still pretty insignificant if you take a look at one hand with a rake of $3 and 6 players at that table. You can only get $0.25. However, if look closely you will notice that over a thousand hands that could give you $250. Imagine yourself playing 10,000 to 30,000 hands every month. Definitely, rakeback would add faster if you are going to play multiple tables at a time online. There are players that earn $5000 every month with rakeback only. This is of course different form the money that you are supposed to win from the game.

Rakeback is beneficial even for casual players who play only a few hundred hands a month. There is no minimum number of hands that you need to play, and you can start earning rakeback at even the lowest limits available. This is extra money that the house normally keeps, You can play at your normal online poker room with nothing changing. If you don’t care about a few hundred dollars here and there, why not wait and cash out all of your rakeback at the end of the year and have all of your Christmas shopping paid for. It is free to sign up for a rakeback account and there are no fees associated with rakeback.

You can do whatever you want with your online poker money. If you’re spending long hours at the online casino, why not let rakeback get you some of that money back?

The author of this article began playing poker seriously in 2000 and has played full time since early 2005. He currently makes the majority of his income from online poker and Poker Nordica Rakeback.

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