Rakeback

Online Poker Rakeback

Rakeback

Rakeback is where an online poker player gets a percentage, usually 25%-35%, of their rake refunded.

Although the rake taken by poker rooms is small, only 3%-5% of each pot, a player playing a lot of games or a high roller could end up paying $1,000s.

Rakeback was created as a kind of player incentive to pay back a percentage of the rake taken on a monthly basis, usually for the preceding month's total rake.

Understandably the poker industry doesn't like Rakeback. This can be seen from the fact that out of the top 6 poker networks, covering approximately 75% of the market share, only one, Full Tilt, offers Rakeback.

At the end of the day poker rooms are businesses, and contrary to most poker room advertising, in it to make money.

How Rakeback works

Rakeback is only offered to new accounts and the rakeback deal must be agreed before the player starts playing. Rakeback is usually provided through an intermediary whereby the intermediary will organize the monthly rakeback payments into your poker account.

We have teamed up with the Internet premier rakeback website, Rakebrain.com, to bring you some awesome rakeback deals.

Just click on the link below and follow the instructions. Don't forget the account must be a new one.

Welike-Poker.com and Rakebrain Full Tilt Rakeback offer 27%

Welike-Poker.com and Rakebrain Carbon Poker Rakeback offer 30%

Welike-Poker.com and Rakebrain Pacific Poker Rakeback offer 25% of VIP

Welike-Poker.com and Rakebrain Cake Poker Rakeback offer 33%

Welike-Poker.com and Rakebrain Paradise Poker Rakeback offer 30%

Welike-Poker.com and Rakebrain Betfair Poker Rakeback offer 30%

Welike-Poker.com and Rakebrain PKR Poker Rakeback offer 30%

Important details when signing up for an account

To qualify for the best rake back deal you must enter the referral ID Welike12890 here

It's easy to get rakeback when you're a Rakebrain.com member. Their state of the art, web-based tracking system allows you to track all your rakeback stats online, in real-time.

To figure out how much rake you have paid and how much rakeback you will get the poker rooms use a formula called Monthly Gross Revenue (MGR). How they come up with your MGR can vary a little.

Most rooms, however, take the total amount of rake taken out of all the games you were dealt hands in and divide this number by the number of players dealt in. Almost all rooms also include any tournament fees you have paid in your MGR. Most rooms then subtract any bonuses you might have received from the rake you have paid. The number that is left is you MGR and it is a certain percentage of this number that you can get in the form of rakeback.

It must be pointed out that from our explanation of MGR it can be seen that any bonus is paid first before you get your rakeback. This is obvious because if you think about it a poker bonus is really a form of rakeback.