Online Poker Rakeback - what the heck is it?

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What is rakeback? Rakeback is a refund of poker room rake that has been charged from a player. Rake is how poker rooms make money! To understand what is rakeback, you must first learn how poker rooms make profit by charging rake from all real money players. Rake is the only way for poker rooms to make money, since unlike with other casino games, in poker the players are wagering money against other players and not against the house. Think of rake as a small entry fee taken by the poker room for organizing the games. POker players do not directly lose any money to the poker room, but the room is steadily raking in micro payments from every cash game pot and torunament entry. The proportion of rake taken online is roughly the same 5% of pot size as in brick and mortar casinos, and depending from stakes it can be anywhere from one cent to five dollars. Rakeback is a refund of rake Rakeback.com is a way for you to save on poker rake costs. By creating your new online poker room accounts throught Rakeback.com you will save on average 30% of any rake you pay. Once your poker account is registered in Rakeback.com system, we can keep track of all rake you pay to the poker room. And based on revenue share agreement made between the poker room and rakeback.com, they are able t o credit your poker account with rakeback payments of your rake. Rakeback is typically paid once per calendar month, directly back to your poker account.