How Much Rakeback Can I Earn?
To calculate rakeback you can earn you need to begin with the amount of rake that you contribute. The amount of rake contributed depends on several different factors. Both the number of hands you play and the stakes you play provide the most influence on the amount of rake you contribute. If you play tournaments, then the entree fee to each tournament is considered the rake being taken for that tournament.
Generally, the higher stakes you play the bigger the pot is for each hand. The more money in the pot means more money is raked. Though each poker room caps the rake taken for any hand at a few dollars, the bigger pots reach the full rake more often. Every hand that is raked the online poker room calculates the amount of rake each player has contributed and keeps track of that information. The more rake you contribute the more rakeback you will receive.
Another rakeback factor is the rakeback percentage you earn. Different poker rooms give different rakeback percentages. Typically the amount is about 30% but can less or more. The higher the rakeback percentage is the more rakeback you will earn each week.
A casual low limit player can expect to earn a few hundred dollars in rakeback per month while a full time low limit player may earn into the thousands. Casual high limit players may earn around a thousand dollars per month while full time high limit pros may earn several thousand dollars per month. Basically, the more hands you play the more rakeback you earn. By playing multiple tables at the same time you are in effect playing more hands. By multi-tabling you are contributing more rake to the poker room and therefore your rakeback will increase.
Rakeback for tournament and sit and go tournament players is calculated similarly. Each tournament or sit and go tournament charges an entry fee in addition to the buy-in. Whereas the buy-in goes to the prize pool for that tournament or sit and go tournament, the entry fee is taken by the online poker room. The entry fee is basically the equivalent to rake and is considered as rake in calculating a player’s rakeback. A $10 sit and go tournament usually has a $1 entry fee and if a player was getting 40% rakeback then $.40 would be refunded to the player.
Rakeback is like earning money for playing poker. Basically, you get paid to play online poker as the more you play the more you get paid. Success playing poker is based on making the most profitable decision every time you are faced with a decision to fold, call or raise. Sometimes you make the best choice and sometimes you make a wrong choice. On the other hand, Rakeback is always the right choice to maximize your poker revenue because it is free money that is given back to you for simply playing. Players without rakeback accounts will never earn that free money and therefore they are already at a disadvantage.