What Does Rakeback Mean in Poker?
Rakeback is a system offered by poker rooms where a player receives a portion of the rake they paid back, usually as a percentage of their total rake over a specific period.
When You Might Hear Or Use The Term Rakeback
Rakeback is often discussed in the context of online poker, especially among grinders looking to maximize their earnings by reducing the effective cost of playing. It’s a common topic in forums and poker strategy discussions.
In-Game Example
Imagine you’re playing online poker and have paid $200 in rake over the month. With a 30% rakeback deal, you would receive $60 back, thereby increasing your profits or reducing your losses.
Strategy / Tips
- Best Practice: Opt for poker rooms with favorable rakeback offers to enhance your long-term profitability.
- Common Mistake: Ignoring rakeback deals when selecting where to play, which can lead to reduced overall earnings.
- Pro Tips: Track your rakeback earnings and incorporate them into your bankroll management strategy. This is more impactful in high-volume play.
- Differences playing over the table vs online: Rakeback is predominantly an online feature; live games rarely offer rakeback incentives.
Alternative Names
No widely recognized alternative names for rakeback.
FAQs
- Q: How does rakeback affect my overall win rate?
A: Rakeback effectively reduces the cost of playing, thereby increasing your net win rate. - Q: Is rakeback available in all poker rooms?
A: No, rakeback is not available in all poker rooms; it varies by site and is more common online than in live settings.
Related Terms
- Rake
- Loyalty Program
