Monday, November 8, 2010

RakeBack Definition

We get several emails a day from people asking what the rakeback definition is. So we thought it would be a good idea to help explain the definition of rakeback. When you play a hand of poker the poker site will take a percentage of the total pot as their fee for hosting the game, this is called the rake. Take a look at the image below for an example of rake being taken from the pot. As you can see the 3 25c chips at the top; that is the rake.


Now let’s explain what rakeback really means. As a registered member of RakeBackCodes you will sign up for a poker site using one of our affiliate links. Since you used our affiliate links your new account will be linked to ours. Now since you’re linked to our account we can then provide you with rakeback.


When you play a raked hand of poker all players will contribute to the pot. The total rake is then divided by the number of players at the poker table and then each player earns their share of the rake. We give you a piece of that amount back in the form of rakeback. There are currently 3 different ways to calculate rakeback. Poker sites will either use the dealt, weighted contributed, average contributed rake method. Each method will change the amount of rakeback that you earn in a given time frame.