WOW.. I never realized how much I was being raked!

Most people don't even care or see how much rake was collected from a pot, and when you do, it doesn't seem like much at all to make any sort of impact.. But ever since I got RB I've been able to see exactly how much is being raked..

For 5/10 NL after 30K+ hands I've profited $200ish + 27% in rakeback.. but they have collect over $350 in rake! Thats almost double what I even profited!

Do sites really deserve THAT much rake? That seems kinda ludicris to me..

Ok, newbie question, but where am I missing the profit from rakeback? Is there a FAQ for this somewhere?

billdogg said:

Ok, newbie question, but where am I missing the profit from rakeback? Is there a FAQ for this somewhere?

Click to expand...

Google "rakeback poker".

Just curious how does RB even work? Also why can't I get it on sites I've already installed on my comp?

Brick and mortar casinos often charge 10% instead of 5% like the online sites.
You also tip the dealer, and much of the time money is taken out of every pot for the bad beat pool as well.

It's a pretty good deal.

naruto_miu said:

Just curious how does RB even work? Also why can't I get it on sites I've already installed on my comp?

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Affiliates send you to the poker site, and in return the poker site gives the affiliate some of the rake you pay.
If you sign up to a poker site via an affiliate that has rakeback, the affiliate takes some of the money they get off your rake, and they give it back to you.

If you sign up with an affiliate who does not offer rakeback the affiliate just keeps all of the rake percentage that the poker site pays them. The poker site cannot force the affiliate to give you back a chunk (it was never part of the deal that you agreed to when you signed up) and the poker site cannot change the contract they have with the affiliate. So you can't start getting rakeback because the terms of the contracts already in place.

Now, if you signed up to Full Tilt without using an affiliate's link, then Full Tilt will usually allow you to add RakebackPros as an affiliate, thereby giving you rakeback through them.

Thanks for the advice. I just signed up. I can't believe I've been playing this long with no rakeback!

SavagePenguin said:

Brick and mortar casinos often charge 10% instead of 5% like the online sites.
You also tip the dealer, and much of the time money is taken out of every pot for the bad beat pool as well.

It's a pretty good deal.

Click to expand...

I disagree. Rake is capped, and for the stakes played live, most pots are capped, so the percentage is irrelevant and the cap is what matters.

When you play at the Venetian in Vegas, the cap is $4. On most online sites, the cap is $3. For an extra buck you get free cocktails from scantily clad ladies and access to the kind of fishes you would only dream of playing online. Overall that's a really good deal compared to online rake.

BelgoSuisse said:

I disagree. Rake is capped, and for the stakes played live, most pots are capped, so the percentage is irrelevant and the cap is what matters.

When you play at the Venetian in Vegas, the cap is $4. On most online sites, the cap is $3. For an extra buck you get free cocktails from scantily clad ladies and access to the kind of fishes you would only dream of playing online. Overall that's a really good deal compared to online rake.

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Quit pretending..... I saw your pics. from Vegas, .... cutie.

the rake at ft is 6+% until you go to 25nl or higher

pfb8888 said:

the rake at ft is 6+% until you go to 25nl or higher

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Is this true? Where do you get the 6% from?

http://www.fulltiltpoker.com/rake.php

Actually it's 6.67%

pfb8888 said:

the rake at ft is 6+% until you go to 25nl or higher

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You're right! I just assumed that FT did what PS does.
Rake

Basically, it's $.01 rake for every $.15 in the pot. That's $.06666666666667... for every dollar.

Yuck.

Beat ya to it SP

Hey SavagePenguin,

Thanks for the rakebackpro tip.
I just signed up. Do you know if its a sure thing for FullTilt to let you join as an affiliate if I have already had a FT account for a year?

IamRude said:

Hey SavagePenguin,

Thanks for the rakebackpro tip.
I just signed up. Do you know if its a sure thing for FullTilt to let you join as an affiliate if I have already had a FT account for a year?

Click to expand...

The way I understand it...

If you clicked an affiliate's Full Tilt link you are on FT with them, so RakeBackPros can't step in and take over.

If you had never clicked an affiliate's link to Full Tilt, (IE, you typed in http://fulltilt.com) when you downloaded the software, then RakeBackPros can step in and be your rakeback provider.

Since rake is $.01 for every $.15 at Full Tilt, I've done some math based around a $1'ish pot.

Worst case scenario: The pot is $.90, so the rake is $.06. That's 6.67% rake.
Best case scenario: The pot is $1.04, and the rake is still $.06, which is 5.76% rake.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Pokerstar's rake policy is better.
pokerstars charges $.01 for every $.20 in the pot for stakes up to $.10/$.25
They charge $.05 for every $1 in the for for stakes above $.10/$.25

SavagePenguin said:

The way I understand it...

If you clicked an affiliate's Full Tilt link you are on FT with them, so RakeBackPros can't step in and take over.

If you had never clicked an affiliate's link to Full Tilt, (IE, you typed in http://fulltilt.com) when you downloaded the software, then RakeBackPros can step in and be your rakeback provider.

Click to expand...

Just curious since I have 0 dollars of FT..My Personal goal is to do as some CCers' have and that is build a nice BR there from Fr's does Rake still work then or must I depoist in-order to receive RB?

I have never deposited on Full Tilt and I get rakeback.

HOWEVER, freerolls and overlays detract from your rakeback.
If 100 people play a $100 freeroll you get -$1 rakeback. If 200 play the $100 freeroll theny you get -$.50 rakeback.

Likewise, if there's a $1000 overlay and 500 players, you would get -$2 of rakeback.

Basically, the bonus money gets divided among the participants, and that is how much rakeback they will take away.

So if you are eligible for rakeback and build up -$8.50 in rakeback debt, you'll have to earn $8.50 in rakeback before you have a positive amount and start getting paid.

Another thing you need to know is that if you spend your Full Tilt Points you will take a rakeback hit as well. (Had I thought about this I would have spent all my points before applying for rakeback)

My advice: Spend all your points and play all the freerolls you can before applying for rakeback.

Rakeback is nice though. I made almost a buy-in last week, playing what was essentially hour a day (except for the first day).

Yea, I screwed that last part up. I had about 5000 points when I got my RB account set up, and I'll never be able to use them pretty much until I decide I don't want to use FT anymore, or that I no longer want RB.

BelgoSuisse said:

I disagree. Rake is capped, and for the stakes played live, most pots are capped, so the percentage is irrelevant and the cap is what matters.

When you play at the Venetian in Vegas, the cap is $4. On most online sites, the cap is $3. For an extra buck you get free cocktails from scantily clad ladies and access to the kind of fishes you would only dream of playing online. Overall that's a really good deal compared to online rake.

Click to expand...

I agree with Belgo. At Hollywood Indiana, the cap is $5, and a decent amount of fish as well albeit not in the numbers found in Vegas no doubt.

absoluthamm said:

Yea, I screwed that last part up. I had about 5000 points when I got my RB account set up, and I'll never be able to use them pretty much until I decide I don't want to use FT anymore, or that I no longer want RB.

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I did the same thing. Are we pretty much screwed on using these points?

What about the points I have in Full Tilt Academy?

Yes, icyblueace, even if you are a break even money player, rakeback can be the difference between being a nice size winner or going home even. I noticed the other day I played over 1000 hands at one session, then you do that about 70 days a year, and it can add up to hundreds of dollars in rakeback put back into your bankroll.

Yeah it is pretty insane how much they get on every tourney/ring game you play. I mean have you ever done the math on a tourney like a rebuy the amount of money they make is just sickening but i guess it just comes with the game... Not too much you can do about it

Vizzinzin said:

Yeah it is pretty insane how much they get on every tourney/ring game you play. I mean have you ever done the math on a tourney like a rebuy the amount of money they make is just sickening but i guess it just comes with the game... Not too much you can do about it

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If I remember correctly, you don't pay rake on the rebuy or addons, just on the initial buy-in of the tourney, so a rebuy isn't any different than another tourney of the same buy-in and field size.

billdogg said:

I did the same thing. Are we pretty much screwed on using these points?

What about the points I have in Full Tilt Academy?

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You're safe using your FullTilt Academy Points and Iron Man Medals as long as you don't spend them on cash bonuses(which you will get deducted on rakeback for) or on the FT Points(which would obviously be useless to someone who can't use them. I use mine for buying tickets into tourneys and I've never had a problem.

ft was my first site about 2 yrs ago or so, i just aol searched it, i recently went to rakeback pros and got rakeback. if i knew then what i know now