rakes, rakeback and pokertracker

So I was trying to figure out exactly how much money I would get from a rakeback account.

Is the correct number to look at in pokertracker the "total rake" column on the summary tab? Can anyone confirm?

Then to see how much I'd have gotten back I'd just take whatever % of that?

The rakeback account at Full Tilt is 27%..and I gotta say... 27% of the total rake # in my pokertracker is a whole bunch of $$$

On a side note..there is no way to turn an already existing account into a rakeback account is there?

i've been told you cannot turn an already existing account into a rakeback account, and then you are not supposed to create multiple accounts so i guess just kinda screwed people who have had accounts longer haha

Yea, not supposed to make multiple accounts. However, Cake offers 33% rake back. If u haven't created an account there, there games are much softer than full tilt.

What are the disadvantages of rakeback?

What are the disadvantages of rakeback?

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I think if you take a bonus when you first deposit you can't later choose rakeback

Actually you generally get your bonuses when you sign up through a rakeback site (they do deduct your bonus earned from your generated rake before you start earning rakeback). Rakeback is figured differently for different sites so using the PT number might work for 1 site but not for another. Rakeback can be a significant addition to your winnings and I recommend that before anyone signs up to a new site they at least consider all their sign-up alternatives.

Well, since I have, just in January, over $300 in rake........lol

arkadiy said:

Well, since I have, just in January, over $300 in rake........lol

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That could add $100 or more to your bankroll on some sites. It can actually be worth switching to a new site just to get rakeback.

Since ~the 18th of January I've made like $60+ in RB playing $5.50 SnGs. It really does help a lot for low-stakes players.

Wish I knew about this before depositing some extra money in my old FT account =\

I would change to another site for the rakeback at any time if I could find one with a good razz ring game.

Still stuck at FTP..