|
Rakeback Introduction
What is rake? What is rakeback? If you have to ask, you REALLY need to listen! Rake is a cut that poker rooms take from every pot - it's how they make their money. This means that after every pot you win, some is taken away from you. Sure in one pot it just may be 15 cents, but over long term, it adds up! So RAKEBACK is when you get a percentage of this, back into your pocket!
The serious online poker player understands that he/she is paying this 5% rake to
the online poker room. The serious poker player plays a lot of hours and thousands
of hands. This rake amount can quickly add up.
Rakeback programs were developed for this serious poker player who wants, or demands,
a portion of his rake back for being such a good customer. This is what
a rakeback program is all about.
Why FTR rakeback? All our rakeback sites are automatic, and handled directly by the poker site. This means that every room you sign up with, everything is handled directly from the poker room! Some other 3rd party websites that offer rakeback pay you themselves which can cause delays or even fraud. You will never run into this problem though us.
Many poker sites have released their own VIP Programs which act as rakeback. Basically, they have eliminated the word "rakeback" for "VIP Club" or "Valueback" and reward consistent players. So which site has the best VIP Club? Please see our Rakeback via Bonuses section below for full reviews! Some online poker sites have such good VIP programs that you can receive up to 50% or more rakeback, straight from the site!
|
|
Poker Rakebacks & Reviews
If you have experience with any of the below online poker room rakeback programs, please post your own review!
Now, one of the problems of rakeback programs on the internet is that the rakeback is
normally managed by a 3rd party. So, a player signs up to an online poker room through
a 3rd party, that 3rd party monitors the rake the player is generating, and then
pays the player a portion of their rake back. There are several problems with this
model. What if the 3rd party goes under? Or just disappears? Or refuses to pay you your fair share?
The player risks forever not receiving his/her
rakeback payment for a particular online poker room. Websites appear and disappear all the time, with no
recourse for the rakeback player.
The other problem with working a rakeback program through a 3rd party is that the 3rd party could be
violating the terms of the online poker room. Many poker rooms DO NOT ALLOW RAKEBACK DEALS! Player accounts
have been closed, 3rd parties have been shut down, and entire poker room "skins" have been closed for
allowing rakeback deals to occur. For example, Party Poker's Terms specifically states:
You shall not and shall not authorise, assist or encourage
any third party to...Offer any so-called “rake-back” schemes or
similar which offers or allows a proportion of the player’s rake to
be returned to the player in any form;
PokerNow, once a skin of Party Poker, has actually
lost its license to use Party Poker's software and network, and Party Poker took control
and ownership of the skin due to PokerNow's participation with rakeback programs. And, of course,
all the players lost their rakeback deals.
So, now that you understand rake, rakeback, and the current issues with rake back programs,
you hopefully can appreciate the automatic rakeback programs that we, here at FTR, have put
together for you.
If FTR comes crashing down next week, we still
wanted you to get your rake back, every month, without any reliance on us.
All the rakeback programs listed above at FTR are unique in one way. We do not act as a 3rd
party, we do not pay you a portion of your rake back.
We've worked directly with the online poker rooms to setup a comprehensive
rakeback program for our players.
The beauty of this partnership is that our players get
the rake back rebates directly from the online poker room, deposited into their player accounts every month, automatically. There is no need to rely on
FlopTurnRiver.com as a third party to make calculations and payments.
To join, all you have to do is click through our links and register a new account. The rakeback program is automatically
built into our links. That's it.
Some very popular poker sites do not allow rakeback deals, but offer bonuses or frequent player points that, in effect, provide the same results as standard rakeback deals. Check out our specific details on PokerStars Rakeback and Everest Poker Rakeback here!
|
|
Rakeback via Bonuses and Frequent Player Points
Did you know you can earn some of your rakeback on sites that don't allow it, like PokerStars and Everest Poker? PokerStars utilizes a frequent player points system that can be redeemed for bonus dollars, ultimately allowing you to earn your rakeback, from 8% all the way up to %60. Click here to read more about the
PokerStars Rakeback.
And Everest Poker allows the stacking of bonuses, allowing you to continually earn bonus dollars when playing, which also, in effect, rebates some of your rake! Click here to read more about the Everest Poker Rakeback.
We have information on many of the online poker rooms' rakeback and vip programs they offer. See below for more information:
|
Back to top |
|
|
