What is a Rakeback Bonus in Online Poker?
Poker stands out among other card games due to its massive reliance on skill, and the ability to compete with other players rather than the house. Online casinos try to make the playing time even more enjoyable with high-limit tables and unique variations of the game.
All casinos with an online presence, as well as some brick-and-mortar ones, give players unique bonus offers in addition to welcome, deposit, and loyalty incentives. Rakeback is a unique benefit associated with the popular card game and has, since its introduction, spread across gambling venues.
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What Is Rakeback?
The rake is the money charged to players from the house. In poker, it is a perncentage (2.5–10%) of the pot where all players put their chips. This is similar to the house edge in other games, as it allows the casino to pay the dealer and earn a profit from running the table.
As the name suggests, rakeback is the percentage of this money returned to gamers. These funds are taken from the house edge, and gambling platforms consider it a part of the promotional costs to retain customers.
The return on investment in a game can be from 10% up to 30% in certain rooms. That means that for every $100 a player pays in rake, they will get $10–$30 back.
How to Claim Rake?
Getting this promotion depends on the gambling platform. Some casinos offer it automatically, but in most cases, a player must sign up through a popular card game Rakeback provider. Alternatively, site visitors can contact the individual poker room to see if any deals are available.
When active, the website returns a specific percentage on every stake the visitor makes. However, it should be noted that active cashback can limit participation in other promotions. The rule of thumb says regular promotions and classic deposit bonuses are better for recreational players, while high-stakes gamers will benefit more from this type of offer.
Online casinos can also allow both types of promotions simultaneously, but having other active bonuses may decrease the percentage of the rake returned to the user, so it is important to read the terms and conditions to determine how a particular deal is structured. The money returns are assigned to the customer balance at the end of the match, tournament, week, or monthly.
American Online Casinos with Video Poker
- PokerStars
- 888 Casino
- Golden Nugget
- Unibet
- Tropicana
How Much the House Offers?
Gambling platforms determine the portion of the stake to be given back. Numerous outlets provide 5% or 10% rake, and some extra lucrative offers can reach 25%. On rare occasions, players can even get the entire rake as a bonus.
To calculate this percentage, the house uses two standard methods:
- Contributed: based on how much each player put into the pot.
- Dealt or shared: every player gets the same amount regardless of their contribution.
Other Bonus Types in Poker
All casinos that offer real-money play online have various available promotions. Players can wager bonus funds on any casino game, including poker. The most popular option for all gaming platforms is an initial deposit bonus that matches the user’s deposit amount.
Reload and Cashback promotions also offer funds for all games. Unique holiday promotions are another way to increase balance for gambling website customers. However, unlike Rakeback, which doesn’t have wagering requirements, users can expect time limits, playthrough terms, and caveats from other offers.