Players everywhere are hearing the term rakeback again and again and many are left asking What is Rakeback? Well we hope to answer all your queries with this step by step explanation:

What is Rake?

In cash games rake is the percentage of the pot that a poker site will withdraw as a source of income. In a bricks and mortar casino this would be used to pay wages, electricity bills and comp high rollers! Online it is used to manage the platforms, develop new marketing initiatives and reward rakeback players!

In Tournaments and Sit n Gos rake is calculated as the part of the buy in that is not included in the prize pool.

What is Rakeback?

Rakeback is a reward paid to players of all abilities and bankrolls for the amount of time they spend playing poker. For every dollar of eligible rake you will receive $0.33 back in your account at the end of the month. Rake at Power Poker is calculated by the dealt method – this means that the total rake in a hand is divided equally between the number of players dealt cards – this is your eligible rake.

For Example:

5 players are dealt cards at a table and the pot reaches the flop

The total pot at the end of the hand is $60 – therefore the rake is 5% of $60 = $3

This rake is split between the 5 players = $0.60

With a rakeback deal a player would receive 33% of this = $0.20

All players with rakeback deals whether they participated in the hand or not would have just made $0.20

RakebackPoker can offer players this extraordinary deal because it drives traffic to Power Poker and helps to keep players playing at that site. If you are playing at Power Poker without a rakeback deal you are already missing out on 33% of your eligible rake– the best in the market.

Now that we’ve answered your question “What is Rakeback?” simply click here to sign up at Power Poker. Once you’ve seen the benefits in your account why not tell some friends to sign up and earn your own commission off them – they still receive their 33% and you still keep yours. It’s our way of saying thanks for helping to spread the word.