Poker players everywhere have been hearing the term rakeback more and more but many are left asking “What is rakeback?” We’ve put together a step by step explanation for your enjoyment:

What is Rake?

Rake is the percentage of a pot that a poker site will claim in order to meet its costs and make a tidy profit. In every real money hand that reaches the flop, Betfair Poker will take a 5% rake to pay for your privilege of using the table.

In Tournaments and SitnGos the rake is calculated as the part of the buy in which does not contribute to the prize pool.

For example

In a $60 pot Betfair Poker would take a $3 rake meaning the winner would take $57.

In a $10 + $1 SitnGo the additional $1 is Betfair Poker’s rake.

What is Rakeback?

A Rakeback deal from RakebackPoker.com at Betfair returns a proportion of the rake you have paid back into your account every two weeks.

For Example:

In two weeks you contribute a total rake of $100 to Betfair Poker, RakebackPoker.com will pay back into your account $30.

What’s the Catch?

There is no catch to receiving rakeback from us.

We are allowed to offer this deal to our members because we drive traffic towards Betfair Poker and keep our members playing there by rewarding them with their rakeback.

Hopefully, you will never have to ask “What is Rakeback?” ever again. If we have answered everything for you then what are you waiting for simply click here and sign up at Betfair Poker to start receiving 30% rakeback.