To understand what is rakeback, you should first understand how rakeback is returned at the poker site where you play. With most prominent poker rooms, such as Party Poker and PokerStars, they do not take rake from every pot, rather they take a predetermined amount of money per hand. This amount is usually broken down into increments of $1/$2 for SNG’s and multi-table tournaments and $3/$6 for ring games.
With this method, the poker room receives a commission based on the rake the money has generated. The rake the poker room pays is then assigned to each player on the site in proportion to the amount of each pot. When a player plays poker on a site which pays rake on a per hand basis, he pays a percentage of the rake returned to his poker account. However, some sites choose to pay a percentage of the rake back to the player on each hand, regardless of the amount of the pot.
Additionally, there are a number of ways in which rakeback can be credited to a player’s poker account. Many poker sites offer their players a credit for every hand played on their site. When a player plays poker using the credits they have earned, they automatically get a portion of each pot they have contributed to the pot and are then credited by the poker room, based on the rake contributed, into their poker account.
However, if you are a hold’em poker player, you can earn even more rakeback by playing in limit poker games. Because of the way in which rakeback is credited to players, it is impossible to earn rakeback by playing ring games. However, you are able to earn rakeback by playing in limit games, through a number of different methods.
In fact, you can earn up to 30% of your rake back if you play in a game with a rake of $0.50 or less, and if the rake is contributed by a player who has a chip reservation of 3000 chips or less.
Another way in which you can earn rakeback when you play dewapoker is by playing in a tournament. As poker players quickly discover, a tournament with a high buy-in also tends to have a high rake. However, for low buy-in tournaments, you can earn rakeback by signing up with a site for a longer period of time.
Generally, you can sign up to an online poker site for a multi-table tournament, and have a total starting pot of $15,000 or less. Even if you know about and understand the game of poker, if the buy-in is high, you will not be able to earn enough rakeback to cover the buy-in. In tournaments with a high buy-in, you will not be able to earn enough rakeback to cover the buy-in. Therefore, if the buy-in is high, you should probably wait for a less expensive buy-in to build your bankroll.
Online poker sites also offer loyalty promotions. These are terrific for earning extra rewards and cash bonuses, should you choose to accept them. They vary in cost, so you may be able to get one that suits you. Whatever you choose, be sure to check the terms and conditions for any promotion that interests you. While calculating the cost of any bonus offer, you also need to consider how much of a burden it will be to reach the requirement to cash out the bonus, before deciding if the bonus suit your needs.
Finally, in addition to the contests and rake back bonuses, online poker sites have other bonuses and incentives to improve the quality of play and increase the number of profitable players. These can include new user forums, bread and butter competitions, sweepstakes, qualifiers and satellites, shot sets, interviews and so much more. With all of these features, the tools and even the attitudes that you will acquire, online poker training sites will positively affects the quality of your game.