Online Casino

[Anonymous]

Hi All,

Can someone give me a quick explaination of Rakeback?

Or point me to something online that explains it?

Thanks,

KenWalton

[Anonymous]

Rakeback is used by some poker affiliates. It works like this:

When a player plays poker at an online poker room, the poker room charges a rake for letting players play there (that’s how they make money).
So, what some affiliates do is that they can track how much each player plays at an online poker room and how much rake that player paid. They then simply pay this player some % of their rake back. Players like it because they get some money back and some affiliates do it because when offering rakebacks, it’s easier for them to signup tons of players and eventhough they then only make a smaller % as income of the rake, the number of players accepting these deals makes up for it.

Hope that helps,

Thomas

[Anonymous]

What most players don’t understand is that unless you play a high number of table hours at high limits, you are better off collecting bonuses than sticking at one room on a rake back deal. The bonuses are a higher rate of return than rake back in most cases.

I know a player who has played full time online for over a year and has played for a bonus every single hand. He knows about rake back and is just not interested because he understands the above and makes more in bonuses than he ever would with rake back.

[Anonymous]

Hey Pokermonger !

Thanks for the player insight there.

Best regards

Brad

[Anonymous]

Hi Guys,

Thanks for the info.

I now understand what a rakeback is.

But as an individual affiliate, how can you pay a player a rakeback? Wouldn’t that have to be set up with the poker room or am I missing something here?

Thanks for your time. I’m new but trying to learn.

KenWalton

[Anonymous]

Yes, that is true. Some rooms support it and some don’t. As a general rule, most on CAP are against rakeback, myself included, as it reduces the amount we can make and leads to the stealing of players.

Do a search and you will find a few good threads here that go into it more.

[Anonymous]

Hi Ken,

Before you decide to go through the trouble of offering rake back and draining your own income, please look at this thread

http://www.casinoaffiliateprograms.com/bb/showthread.php?t=5975

and this one

http://www.casinoaffiliateprograms.com/bb/showthread.php?t=5750

and to Brad from Royal Vegas Poker:

All you need to do to stay competitive against places that offer rake-back is to incentivize your larger players. They are the ones who are tempted. Some rooms have decided to offer rake-back on their own – no affiliate involvement – to their larger players. But an incentive by any other name still does the job.

[Anonymous]

Hi Guys,

Thanks for your input. I get it now.

A good example of learning in the forum: That’s what it’s for.

Thanks again,

KenWalton

[Author]

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