Rake Back – Have the Poker Sites Pay You
For those of you who are new to poker or just may not be aware of what Rake Back actually is I’m going to explain how important it is to your poker bottom line. Let’s start off by asking, what is the rake? Basically this is the amount of money that the poker rooms, either online or offline keep as their cut for hosting the poker game. Basically the rake is that small fee that you pay to play a tournament. A typical take for Sit N Go’s or Multi Table Tournaments is 10%. Look at this example.
Usually you will have to pay a $1 rake fee if you are playing a $10 game. For a $30 MTT the rake would be $3 and so on. Now that you know what the rake is, you can probably guess what the term Rake Back means. In a nutshell it’s a portion, anywhere from 27% to 100% that the poker rooms will give you back for playing at their sites.
What’s the reason the poker rooms offer this?
The costs of a regular land casino are much higher than online poker sites as you can probably imagine. These poker sites can offer these types of bonuses to join their sites since their overall expenses are much less than land casinos.
So how much can you expect to get back?
To answer that question it all depends and how much you play, but let’s look at an example. Let’s say you play twenty $20 SNG’s per week. The numbers would look something like this:
# of SNG’s : 20
Rake Paid (Week): $40 ($2 x 20 SNG’s)
Rake Paid (Month): $160 (4 weeks X $40)
Rake Paid (Year): $1,920 (12 months X $160)
Now if we use a typical Rake Back Deal of 30%, you would get back $576 over the course of a year. That’s pretty great since you would be playing these games anyways. Your numbers may look different depending on the levels you play, but I’m sure you get the point. A lot of the Rake Back programs will issue payments once a month, but there are others that offer weekly and even daily payouts. The best part is that Rake Back offers are FREE to join and there are usually no minimum requirements that you have to play.
What it comes down to is that you are getting FREE money for playing anyways. If you aren’t using Rake Bake then you are leaving money at the poker table.
If you are interested in learning more about being a Winning Poker Player, You can sign up for my FREE SNG Poker Training Course “From Fish to SNG Pro in Only 17 Days” by visiting http://www.sngtrainer.com
