Estimating Monthly Rakeback
From our sponsor, Rake Rebate Review. Rake can be deceptive. The fee that online poker rooms charge for running their site doesn’t seem like much. The site only takes out five percent or less of each pot, and never more than a few dollars. Furthermore, the rake comes out of the pot, so if you lose the pot, it feels like money you would have lost anyway. If you win, you still have many new chips to enjoy.
Savvy players aren’t fooled. Those extra dollars out of each pot add up. So much so in fact, that many people feel that players who are only slightly above average cannot even make money at the lower stakes games.
It may still be hard to believe that those few chips amount to anything, but there’s a way to find out. First, you should sign-up with a program like Rake Rebate Review. When you sign-up with a poker room with rakeback, part of your rake is returned to you. On the rakeback site will be a rakeback calculator, which you can use to estimate your daily, weekly and monthly rakeback.
How to Use a Rakeback Calculator
To use the rakeback calculator, just input the type of game you are playing, whether it’s fixed-limit, pot-limit or no-limit, and the stakes. If you’re a multitabler, indicate how many games you play at once, and indicate how many hours a week you play. Then indicate what percentage rakeback you expect to receive and hit the calculate button. You’ll instantly receive an estimate of how much rakeback you can expect. You may be surprised to find out that depending on your playing habits, monthly rakeback can add up to hundreds of dollars!
The rakeback is calculated based on the idea that the more and bigger pots you are dealt in for, the more rake you generate, and therefore the more rakeback that comes back to you. Some sites calculate your rake based on how much you contribute to each raked pot, others, Full Tilt Poker Rakeback for instance, divide your rake contribution equally among all players dealt in to the hand.
Become a Winning Player or Earn More Money
You should definitely give calculating your rakeback a try. It’s a good bet that once you see how much you can save, you’ll want to sign-up with a new online poker site through a rakeback program right away. Once you do, you’ll find your win rate rising, potentially making you a winning player if you’ve been struggling, and increasing the amount you add to your bankroll each month if you’ve been beating your games.
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