Poker Cashback vs. Rakeback

 

Two terms that are often used interchangeably in online poker are rakeback and poker cashback. And most people think that they’re the same thing because, basically, they almost are. However, there are some notable differences between poker cashback and rakeback, and here’s a comparison of each one:

Poker Cashback

As the name implies, cashback puts money back in online poker players’ pockets based on the rake they pay. The amount of poker cashback that a player receives depends on the online poker room that they’re playing at, and usually the VIP status they hold. For example, at Carbon Poker, players will receive anywhere from 6% to 35% cashback based on their VIP ranking.

To illustrate how cashback works, assume that you paid $50 in rake one day, and had a 35% cashback deal. At the end of the day, you would receive $17.50 back based on the rake you paid.

Rakeback

Just like cashback, rakeback gives players back money based on the amount of rake paid. However, one notable difference about this offer is that most online poker players receive the same deal regardless of what their VIP status is. So even if you’re a totally new player, you’ll receive the same offer as somebody who plays hundreds of poker hands a day.

Of course, some online poker sites offer frequent players more rakeback, but normally, everybody gets the same deal. If you’d like to know more about rakeback deals, check this out.

Which Deal is Superior?

While you’ll benefit greatly by getting either cashback or rakeback, most people prefer the latter because it offers more value to the average player. After all, if you’re getting a solid flat rate as a poker beginner, it only makes sense to take advantage of rakeback, rather than start at the bottom of the totem pole with poker cashback.

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2 Comments

  • Kristiyan Rukov wrote

    totally incorrect !
    your point is that cashback is different for everyone because of their VIP level , and rakeback is the same for everyone regardless of the VIP level – super bull#$%^. Rakeback is different as well depending on the VIP level of the player. cashback is term used in sportsbetting although i dont really know why pokersites started using it.

    im sorry but i cannot agree with your statement. I dont know IF there is any difference , i am googling it right now. for me it doesnt make any sense to different

    regards

  • Kristiyan Rukov wrote

    Cashback deals offered by online casinos.
    This is the deal that is agreed between a casino operator and a player. The online casino brand generally offers cashback in order to pay back a portion of the money lost by the player. The casino brand will make the deal available for a specific list of games or during a specific period of time. This is generally considered a good deal as it effectively acts as insurance for the player, however, in order for the player to make the most of these cashback promotional offers he/she must play only those games included in the cashback offer. The cashback is paid by the casino company in the player’s account. Another downside of this arrangement is that funds can be linked to an additional wager requirement before they are actually cashed out by the player.

    as i said – sportsbetting and casino web sites are using “cashback” because there is no rake – you play pay cash – hence it will be cashback in it poker you pay in rake – hence it should be rakeback

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