Before playing online poker in any of the casinos and online poker rooms you find on the internet, it is best to get yourself familiar with all the goings-on in these online casinos. From sign-up bonuses to other incentives and freebies; you should check out everything first to figure out where you will benefit the most from.
You should know that you can get a lot of benefits from these online casinos if you choose carefully. One of the things that you should check out is their Rakeback percentage. Naturally, the higher the percentage, the bigger the benefits for its poker players.
Ever wonder how online poker rooms make money? They don’t play the game with you and there is no house edge to speak of because in poker, you are playing against all other players at the table. Your aim is not to beat the house. So how do they earn from these games?
If there is a Rakeback, then first, there’s the Rake. Rake is what players give to the house in order to play at the tables. Usually, a certain percentage is taken from the pot and given to the respective poker room or online casinos.
Depending on the kind of rake that is being charged, so to speak, by the poker room, you and all the other players at your table will be given a specific amount of money to give to the house. You either give the same amount or you give a certain amount based on your bet.
Now that you know what rake is, the next thing you need to understand is Rakeback. Rakeback is the amount of money you get back from the total rake you have given to a certain poker room or online casinos.
Usually, the percentage of Rakeback you should be getting should be somewhere between twenty-seven percent to thirty percent, or even higher, if you partner with the right Rakeback Manager to cut you an excellent deal.
Again, depending on your Rakeback deal, you may get your Rakeback remitted to your account at the end of every month.
In order to further understand how Rakeback works for you and also how to sum up the amount that you can expect; there are several sites on the internet that can help you in these areas. As a matter of fact, your Rakeback site should be able to explain this you clearly so you’ll know what to expect from them./strong