What is Rakeback?

and how does it work....

The rake is the amount of money the poker room operator takes from the pot each time a hand is played. This along with tournament fees is how they make their money. Most online poker players understand this but very few are aware that through us they can get a portion of this rake refunded to them! (rakeback).

We are affiliated and have relationships with all the poker rooms listed on this site which is how we are able to bring you these fantastic rakeback offers. Basically they give us a percentage of the rake back and we distribute it to the individual players taking out a small amount to cover processing and admin.

Why choose Paidpoker.co.uk

Best rakeback deals on many forms of Poker!

How much can you earn?

This all depends on how many hours you play and what your table limits are...

The table here shows the rake an average player will generate in a month, you will then get roughly 30% of this rakeback depending on which site you are playing on (click here for exact percentages). Please bear in mind this is only a guide and most players appear to be earning more rakeback than the figures stated we recommend you try it for a month though and see for yourself.

How do you get paid?

All rakeback payments will be made directly into your poker account.

As you can see what we are offering is the chance for you to potentially earn hundreds of extra pounds in rakeback per month and get a little bit back from the vast amounts of money the poker rooms are generating from us.

Dont take our word for it though try rakeback for a month and see for yourself....you've got nothing to lose!

CLICK HERE TO SEE OUR RAKEBACK DEALS

About rakeback:

One problem with rakeback is if you are already signed up to a poker room it is not always possible to then sign up for rakeback. One way around this is to sign up for a different Poker room on the same network, so on the cryptologic network both William Hill rakeback and PokerPlex rakeback could be signed up for and you would still be playing the same games whichever room you went through, whereas FullTilt rakeback is independent and so can not be accessed via other sites.

There are a number of factors to look at when choosing the best rakeback deals such as whether the games you prefer are fixed or no limit (no limit games usually rake less than fixed as you are more likely to fold preflop), if they are shorthanded or have a full ring (involved in more pots if shorthanded), and the type of player you are, as an action player you will be more involved compared to a tight player. There are two main types of rakeback calculation, contributed and dealt. For example, Betfair rakeback is contributed, which means that you must have participated in the pot to have credit rake. Whereas Pokerplex rakeback and Fulltilt rakeback is dealt, so you are credited with rake in every hand that you are dealt cards.

The phenomenon of poker rakeback deals began with the explosion of poker online. In casinos there was only a small profit margin with poker so no incentives were offered. However the growth of online poker sites meant that incentives were needed as they competed over new players. Bonuses were the first type of incentive, but then later on sites such as William Hill and Betfair rakeback, where a percentage of the rake is paid back to the player, were introduced. Rakeback is also a tool used by affiliates to market poker rooms. The affiliates are contracted by a poker room to sign up players, and so if rakeback is offered it gives the site more exposure which is particularly helpful to smaller or newer sites.

Poker rakeback can be the difference between being a winner or a loser in the long run. Although getting a proportion of your poker rake back is valuable to everyone, it is players of low and mid limit games who benefit the most. Rakes are generally set at 5% of the pot, with a maximum rake of $3, so it has more impact on a $60 pot, where the rake is $3 and the full 5%, than on a pot of $600 where the $3 rake accounts for only 0.5%.

Rakeback calculators do not always take in to consideration all these factors, as it is a very individual thing. If you look at poker rake back as a bonus rather than as a game dictator when looking for the best rakeback deals, it is probably advisable to find the poker room with the highest rakeback percentage, whose software and games you like, and to just play your game.