Rakeback was first started sometime in 2004. Online poker rooms make their funds by charge a fraction (the rake) of the pot in each hand. If you are a regular online poker player you perhaps pay hundreds or probably even thousands of dollars in rake every month. You can now get a huge part of that money back. This is rake back.

There are many Rakeback calculators available. By these calculators you can calculate approximately how much rake you are paying and how much rake back you could be getting.

When you take part in poker online you pay a fee to the poker room for each hand you play. Many players give some thousand dollars in rake each month. The good news is that you now can get up to 70% of your rake back.

Rake is the expenses fee charged by poker rooms for organizing playoffs. Poker is a distinctive casino game in the respect that players do not play against the house, but against other human players. The best hand wins the pot and money always goes to the winning performer, so in order to make money the poker room takes rake from every pot. The word rake in point of fact comes from roulette, where the operator uses a rake to pull in chips that players be defeated.

The percentage of rake taken from the pot is approximately 5-6%, depending of the poker room. This amount can be anywhere from one cent to five dollars.

Besides rake taken from cash game pots, the game fees that poker rooms charge are also measured to be rake. In effect rake back is money back of the rake that you have already paid to the poker room.