Rake Back – Have the Poker Sites Pay You
For those of you who are new to poker or just may not be aware of what Rake Back actually is I’m going to explain how important it is to your poker bottom line. To start off, what is the rake? Basically this is the amount of money that the poker rooms, either online or offline keep as their cut for hosting the poker game. If you have ever sat down to play a tournament online and had to pay that extra little fee, that is the rake. The normal amount taken is 10 percent for SNG’s and MTT’s. Look at this example.
If you play a $10 SNG then usually you will have to pay $1 as the rake fee.The rake would be $3 for a thirty dollar MTT. Now that you know what the rake is, you can probably guess what the term Rake Back means. Basically the payouts range from 27% to 100% just for playing poker at their poker rooms.
Why do the poker sites do this?
As you can probably imagine, the costs associated with running an online poker room are much less than the costs of a regular land casino. These poker sites can offer these types of bonuses to join their sites since their overall expenses are much less than land casinos.
So how much can you expect to get back?
To answer that question it all depends and how much you play, but let’s look at an example. Let’s just say that each week you play only twenty $20 SNG’s. The numbers would look something like this:
# of SNG’s : 20
Rake Paid (Week): $40 ($2 x 20 SNG’s)
Rake Paid (Month): $160 (4 weeks X $40)
Rake Paid (Year): $1,920 (12 months X $160)
Now if we use a typical Rake Back Deal of 30%, you would get back $576 over the course of a year. That’s pretty good since you would be playing these games anyways. Your numbers may look different depending on the levels you play, but I’m sure you get the point. A lot of the Rake Back programs will issue payments once a month, but there are others that offer weekly and even daily payouts. The best part is that Rake Back offers are FREE to join and there are usually no minimum requirements that you have to play.
What it comes down to is that you are getting FREE money for playing anyways. You are leaving money on the table if you are not using Rake Back.
If you are interested in learning more about being a Winning Poker Player, You can sign up for my FREE SNG Poker Training Course “From Fish to SNG Pro in Only 17 Days” by visiting http://www.sngtrainer.com
