I've been wanting to put a post together regarding the importance of rakeback. Some of you may know what this is, but in the event that you don't, let me explain. Rakeback is an agreement between an affiliate of a poker site and a player, where it offers the player a percentage of the rake paid to the affiliated site back to the player. In exchange, the player signs up with the affiliate, enabling the affiliate to collect the "royalties" from the poker site and pay out a percentage of their take directly to the player. This is a very lucrative offering; for example, on Full Tilt, where I play, I get about 27% of the rake paid, back. If you're not already using rakeback, you're being plain silly.
The downside to the rakeback is it is usually available on new accounts only. If you are looking to sign up for a new account, click the link or ping me, and I will send out an invite to you to join the network. Another downside to rakeback is that you usually can't spend your earned poker points without taking a hit to your future rakeback. For example. if I wanted to play in a tournament using my Frequent Player Points (FPPs) or buy a shirt or other branded gear, I would cease to receive rakeback on the commensurate amount going forward, until the FPPs are "paid back." Raketherake can never deduct money from my account, but they will stop payment.
Standard disclaimer: For each sign up I refer through the link, I get a piece of your rakeback (which is transparent to you; you still receive your full rakeback due).
Use this link to sign up for rakeback: http://www.raketherake.com/?Refer=RTR35168
Enough pimping; since March, I have received over $135 in rakeback, which is an enormous amount compared to the stakes I am playing. It is pure profit, and directly related to the amount of poker I play; the more I play, the more I receive in rakeback. In fact, I think a break even player can live on rakeback. It's gravy; I'm going to play poker regardless of whether or not I have a rakeback agreement, but I still get it for doing nothing.
That said, sign up for a rakeback account today.
- ► 2016 (24)
- ► 2015 (32)
- ► 2014 (22)
- ► 2013 (71)
- ► 2012 (36)
- ► 2011 (95)
- ► 2010 (380)
- The Poker Meister #2
- Bankroll management that I subscribe to...
- The WTF hand of the day...
- How to tilt properly...
- Two largest $$$ scores ever...
- Thanks for your stack, donkey!
- Again... I need to be able to get away from this.....
- Missed value....
- Behold the power of J9s
- The truth about J9 suited...
- Royal Flush 10-player Poker Table $119 at Sports A...
- Are you able to get away from this?
- BOOM! Milestone reached... $500!!!
- Busted Aces... At least I'm able to get away from...
- Bad play or bad luck?
- Bad no re-raise Pre Flop?
- A turned monster draw
- Bankroll update
- Poker table sale $149.99 for collapsible, $49.99 f...
- Too tight?
- Swings in bankroll
- The other shoe drops (of course)
- Poker ettiquette for SB / BB?
- Sometimes you can just smell 'em... like napalm in...
- What's wrong with this picture?
- Bluff! Magazine for $16
- Playing up a little @ .1/.25
- Rakeback agreements
- Happy Hour promotions bring out all the donkeys
- Ace high is sometimes a winner
- When is enough enough?
- Standard monster vs. monster
- Probably the biggest .05/.1 pot I've won to date
- Interesting hand: Monster flop vs. Monster draw
- Monster flops... what to do?
- Dealing with short stacks
- Multi-tabling - 1 month of experience
- A game of patience (How to handle a donkey)
- Bet the nuts when you got it...
- More thanks for not costing me anymore, donkey
- Thanks for not costing me any more, donkey...
- Correct laydown?
- Boat = Boat > Boat
- Know when to fold'em
- Getting up from a table going NO WHERE
- Running *MUCH* better!!!
- ▼ July (47)