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Rake Back – Have the Poker Sites Pay You

Date Added: November 01, 2009 02:42:45 PM
Author:
Category: Poker News



Rake Back – Have the Poker Sites Pay You



Author: Curt Holt


For those that haven't heard of Rake Back let me explain how critical it is to your poker well being. For starters, what is the rake? Basically this is the amount of money that the poker rooms, either online or offline keep as their cut for hosting the poker game. Basically the rake is that small fee that you pay to play a tournament. A typical take for Sit N Go's or Multi Table Tournaments is 10%. Here is an example.

If you play a $10 SNG then usually you will have to pay $1 as the rake fee.The rake would be $3 for a thirty dollar MTT. Now that you know what the rake is, you can probably guess what the term Rake Back means. In a nutshell it's a portion, anywhere from 27% to 100% that the poker rooms will give you back for playing at their sites.

What's the reason the poker sites offer this?

The costs of a regular land casino are much higher than online poker sites as you can probably imagine. These poker sites can offer these types of bonuses to join their sites since their overall expenses are much less than land casinos.

So how much can we get back?

Let's look at this example as it all depends on how much you play. Let's assume that you play 20 twenty dollar sit n go's each week. The numbers would look something like this:

# of SNG's : 20
Rake Paid (Week): $40 ($2 x 20 SNG's)
Rake Paid (Month): $160 (4 weeks X $40)
Rake Paid (Year): $1,920 (12 months X $160)


Now if we use a typical Rake Back Deal of 30%, you would get back $576 over the course of a year. That's pretty good since you would be playing these games anyways. Your numbers may look different depending on the levels you play, but I'm sure you get the point. Most of the programs pay out once a month, but others are weekly and some daily. The best thing is that most Rake Back offers are easy to join and FREE to sign up.

Basically you are getting paid for the games that you would be playing anyways. You are leaving money on the table if you are not using Rake Back.

If you are interested in learning more about being a Winning Poker Player, go ahead and grab a FREE copy of my special poker report: "Poker Secrets - 5 Mistakes to Avoid Even Before You Sit Down at The Table" by visiting http://www.virtualpokercoaching.com



Article Source: Link



About the Author:

Dary Clay is one of the Poker Master, and have already won lots of money at casino.

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