Friday, February 22, 2008

Online Poker and Rake Back

One of the unspoken secrets of online poker is the "rake back". Basically, very few online players know that they have an opportunity to get a percentage of their rake back from the poker sites they play on.

I found out the hard way and only recently. I have played online for 3 years and just recently discovered that I have been missing out on about $100 a month given my level of play. Go figure.

Of the major poker sites that allow U.S players (Fuck the UIEGA and Senator Bill Frist) only FullTilt allows rake back. Pokerstars does not. Other smaller sites like Cake Poker also allow rake back.

Long story short, you need to sign up with an affiliate site to start getting your rake back. I am getting 27% back through the following site. Very satisfied, which is why I have stuck their banner on this blog. Win/Win for poker players.

Some more info:

Online poker rooms make their money by automatically taking a cut of the players stake money, this is called the "rake". Typically the rake is 5% of every pot, you will often see it being taken and stacked at the top of the table during a game. Playing a few hundred hands a month soon accumulates a large amount of rake, and you could be paying tens of thousands of $$$ a year in rake. Get up to 60% of your rake money back with raketherake.com.

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