Rake and Rakeback: What’s in it for you?
If you’re a regular at the virtual felt then chances are you’ve come across these titular terms more than once. Playing for real money on the internet — be it cash games, tournaments or any other format, implies that you are paying a small portion of said money as rake. But what is rake? In games, rake is an amount of money the house or poker room takes on top of the buy-in amount. Rake is used to cover the operational expenses of the room.
If you think about it this amount may not seem all that big, and you may even feel that they don’t impact your results greatly. However, even if you are playing poker just to pass time, wouldn’t it be nice to earn back some of the rake?
This is where the principle of rakeback comes into play. As the name suggests, rakeback is a promotional instrument used by online poker platforms as a way of retaining long-term players to their site. Users receive a portion of their rake refunded back into their account, typically on a monthly basis. For example, let’s say that a poker website offers 25% rakeback for loyal players. If a player generates ₹2000 in rake for a month, they would receive ₹500 back to their account. Depending on the portal, poker players might have to negotiate for their deals, as some don’t publicly offer rakeback. Other may offer rakeback as part of player rewards. These deals may require that users accumulate a certain number of player points or attain a certain reward level before rakeback kicks in.
Where can I find rakeback in India?
Poker Raker is India’s premier platform for rakeback and other exciting deals. We inform and educate our clients about site reviews, deals and tournaments to assist them in making the best choice. Poker Raker provides you the highest rakeback and best deals for all poker portals in India. Rakeback is practically free money, so it’s important that you don’t miss out.