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The dynamics of rakeback


   

Number Times Read : 207    Word Count: 534
By : Steve Larson    99 or more times read
Submitted 2010-03-08 14:48:05
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Rakeback is a rebate on the poker rake you generate at the real money cash tables and through the tournament fees that you pay. Most rakeback deals represent a set percentage of the generated rake, therefore, in order to understand how you generate rakeback, you need to understand how you generate the poker rake. This is what most beginners get wrong: they think the poker rake is paid by the winner of the hand which is just not the case.
Depending on the rake calculation method the poker room uses, several different categories of players will end up generating rake at the table. The pot does not belong to the winner until it is actually pushed to him, till then it is a standalone entity at the table and guess what? The pot is not awarded to the winner until it’s been raked. What that means is that all those people who had money in the pot will end up paying a certain percentage of the rake.
Because different poker rooms use different methods to calculate individual rake contributions, inaccuracies may slip into the deal and people who have no money in the middle may end up getting credit for generated rake.

The dealt rake method (the one that Full Tilt Poker uses) rewards all people who are dealt into a hand with an equal amount of rake contribution. That may not seem fair towards those who actually get their money on the line, but being the freeloader who just folds and generates rakeback for being there is not bad, and everyone can get their turn freeloading, so basically in the long-run things even out. Full Tilt does offer its players a 27% rake return, provided they sign up through the right channels.
The contributed rake method is more accurate, though it still only approximates the real rake contribution of each player, by rewarding all contributors equally.
The weighted contributed rake method is the one that actually bases rakeback on the real rake contribution of each player.

What else influences the poker rake and thus your rakeback? The average pot size of course. The rake taken is usually 5% of the pot, up to $3. If the 5% coincides with the maximum cap, you’re paying the most rake compared to the money you invest on every hand.
The speed of the action influences the resulting rake (and thus the rakeback) too. The more hands one plays per hour, the more rake one pays. Full Tilt Poker’s Rush Poker tables are monster rake generators. What this means is that you shouldn’t really play on those tables unless you have a Full Tilt rakeback deal. Rush Poker is excellent for bonus redemption though, even if you do not have a rake back deal backing you up.
A table full of tight players can be shaken up rake-wise by a single aggressive player. That guy will be like a lightning rod stuck into a keg of gunpowder. Even if he ends up losing, he’ll dramatically increase the rake production of the table.
Author Resource:- Steve Larson, an online poker player from Canada, visit his rakeback site for mor useful tips and strategies.
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