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Rake Races and Leader Boards

GG Network $30,000 Rake Race

Ends:

30

Apr

Finish in the top 150 Rakers during the qualifying period and win a share of $30,000. $1 Rake = 2 Points

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Betfair €10,000 Race 2

Ends:

30

Apr

Finish in the top 250 Rakers at Betfair Poker during the qualifying periods and win a share of...

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Betfair €10,000 Race 1

Ended:

15

Apr

Finish in the top 250 Rakers at Betfair Poker during the qualifying periods and win a share of...

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iPoker $5,000 Race

Ends:

30

Apr

Finish in the top 40 Rakers during the qualifying period and win a share of $5,000Rooms: RedStar,...

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What is Poker Rake?

Online poker rooms make their money by automatically taking a cut of each pot played. This is called the 'rake'. The House takes a rake to cover its costs of providing you with the software and game and of course to make a profit too. Now you know about it, you’ll notice it disappearing from pots (usually only when a flop is seen). Beside the regular Rake that is taken out of the pot, there might be an additional % of Rake that is taken to feed a jackpot that you can play for. Standard Rakes are usually a small percentage of the amount in the pot, capped at a certain fixed dollar limit. Typically, the rake is 5% of every pot. Often this is capped at $3/€3/£3 but some sites offer no cap. So even playing just a couple of hours a day can soon accumulate and become a large amount of rake paid. And you could be paying tens of thousands of $$$ a year in rake!

Why do you have to pay Rake?

So you can claim Rakeback of course! But seriously the Rake is the only way that the house (host casino) earns money directly on Poker. The house is not wagering on the outcome of the game, so it has no vested interest in any particular result. Plus, it does not have the “house advantage” that it typically has in other forms of gambling (e.g. Blackjack, where you bet against the house/dealer, but they have a statistical advantage). Therefore, the use of Rake is primarily revenue that is going to the casino. A part of it is used to maintain and develop the poker software you are using, and another % will be reinvested in marketing, attracting new players to make deposits.

How is rake calculated?

There are a few methods that a poker site uses to calculate how much you have to pay in rake;

Dealt cards

If you are dealt cards in a hand then you are deemed to have contributed to the pot and therefore you are allocated an equal share of the rake taken. This is regardless of whether you fold straight away or not. If for example the rake taken on a particular table is $3 and there are six of you playing, then your rake consideration is $0.50.

Examples: Party, PokerStars

Weighted contributed

You simply get allocated the weighted proportion of the pot that you contributed. For example, if the pot was $60, the rake taken is $3. If you put in $2 then your rake consideration is (2/60 * $3) or $0.10.

Examples: Unibet Poker

Real player value

RPV is a method of calculating player value based on the amount of net deposits that a player makes, in addition to the rake and fee generated at cash tables and tournaments. Usually RPV is made up of 50% gross rake and 50% source based rake. There is no exact equation to calculate this. It is worked out directly by the rooms using various algorithms and some smoke and mirrors too probably!

Examples: Winner Poker

What is poker rakeback?

Rakeback is when you, the player, get a percentage of the rake that you have paid given back to you as cashback. Note this is nothing to do with your winnings of losses. It’s purely dependent on the rake you have contributed to the table. Sometimes you can get that rakeback directly from the room and sometimes it can some from an affiliate like us who refer players to the poker room. The room pays us a commission for bringing in new players and we pass the lion’s share of that on to the player. Players can get up to 80% of their rake money returned to them through a rakeback affiliate like RakeTheRake.

How is rakeback calculated?

Rakeback is different depending on which online poker room you play at and which poker games you take part in when you are there. Some people earn a great deal of rakeback by playing several games at one time. They do this as they know that whether they win or lose the game they can claim their rakeback and this will minimise their losses or indeed maximise their winnings

We have developed an improved rakeback calculator so you can work out exactly how much rakeback you will earn at each of the poker rooms, you can thank us later.

Why is rakeback important?

If you are an online poker player then poker rakeback is free money and there is literally no reason not to claim yours back. Rakeback is the robin hood of gambling, take from the wealthy poker rooms and return it to you. Rakeback can be the difference between breaking even or coming out ahead, a good day gambling or a bad day gambling and did I mention Rakeback is completely free? no one should refuse free money. Naturally when you play online poker you want to be winning. But what about those days when you don’t win? Rather you break even or even lose a little? Well when you break even, the rakeback you have earned means you’ve actually had a profitable day and when you lose, the rakeback can offset some or all of that loss and possibly mean you break even or lose less than you thought! So you should be able to see straight away that it’s a no brainer to make sure you are always playing with an online poker rakeback deal!

How to earn the most rakeback

Some online poker sites offer a VIP rakeback deal and some offer loyalty schemes meaning you can earn even more online poker rakeback. we trawl the internet looking for these deals and passing them on to you, I know, how generous. There are a few ways to earn more rakeback, the first being bookmarking RakeTheRake.com and checking for new offers before you play any online poker. There are new offers all the time and you don't want to miss out, some online poker sites offering up to 130% rakeback! The second way is for a poker player to sign up at a few different sites to collect the bonus they offer. spread your money, it just makes sense. Now here is where it gets interesting. Whether you play SnGs (Sit n Gos) or cash games the amount of rakeback you can earn each week or month can depend on what sort of system you have set up and how many games you can cope with playing at once. A lot of players have a dual screen set up, i.e. they have two computer monitors side by side in order to play more than one table simultaneously. In fact, depending on which poker site they are playing at, they could have up to 24 games running at once. We might call those sort of players rakeback Pros! If you’re going to try, perhaps start with two tables at once and then expand as you get used to it.

Why doesn't every poker site have rakeback?

The simple answer is they don't want to give you money back, that's why you come to us. Some sites offer poker rakeback as a retention technique, to keep you gambling at their site. Every poker room wants you to stay around so they might offer you cashback, a bonus, a gadget or even a ticket to a live poker event like the WSOP. All of these are just another form of rakeback.

Why should you come to us at Rake The Rake?

Because we are the best, we have been poker rakeback experts for over a decade now. We have helped countless online poker players find the best online poker rakeback deals and helped them claim thousands of dollars. At the time of writing we have raked back over $150,000,00 for over 250,000 poker players! Do you need another reason than that? That is real money back in your pocket. No hidden fees, no tricks, no gimmicks. Just a good idea, executed well. So bookmark our page and check it before you join any new game, you don't want to miss out. Join us and start earning your rakeback today!

Disclaimer

Please always gamble at a licensed and regulated casino. Remember, when the fun stops, stop. www.gambleaware.com.


Can I get rakeback on an existing account?

Absolutely! In most cases you can by applying to have your account retagged to RakeTheRake. Some rooms don’t allow it or have particular criteria before permitting it, but if you apply we’ll let you know what is and isn’t possible and what the alternatives might be. You can apply for retagging here

Try retagging your poker account