What is and how to use rakeback
Online gambling becomes more popular with every day going by and the number of online casinos and poker rooms increases exponentially. The gambling offer is very rich and because of that, the competition is fierce. Trying to defeat the competition, every poker room looks for ways to attract more players and to keep them longer. That is why the online poker industry is very dynamic and new offers and bonuses appear all the time and this is why the rakeback was created.
The rakeback consist in a certain percentage of the commission fee taken by a card room that is paid back to the player. In other words the poker room gives you back a part of the money that the room took as a commission. When the rakeback was introduced for the first time, it was shocking news and shook up the gaming industry. The rakeback has two purposes: to encourage the players to play more and to make them loyal.
At first, the rakeback percentage was very low, but because more and more poker rooms introduced it increasingly higher, the rakeback became consistent enough. Currently several online poker rooms offer high rakeback deals to their players that can go up to 40% rakeback.
Every poker room decides when the rakeback should be paid, but most card rooms pay it weekly or monthly. The rakeback can give a boost to the player’s bankroll especially if he had a down period. The money get directly into the player’s account and can be used or withdrawn instantly. To find out what poker rooms offer rakeback and which offers the largest one, check out the poker room rankings available on various gambling sites.
Tagged with: rakeback
Filed under: Poker
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