What is rakeback?

FREE Money back to your poker account is the short explanation to what is rakeback question.

A more thorough answer require to explain what rake is before defining rakeback.

Rake:

Rake is the amount of money a poker player pay to use the poker software and other services provided by a poker room. The rake amount is taken from all winning pots and from all tournament buy in fees.

Many online poker players never notice how much rake they pay monthly which is why Rakerider help those players to get rakeback

Rake taken from a cash game table normally vary between $0-$3 depending on number of players at the table and the pot size. Most poker rooms charge 5% up to $1 if the poker game is Heads up or three handed. When more players join a table the rake could go as high as $3 if the pot size exceeds $60.

A single table can easily rake $60 an hour and if 6 players are at the table everyone on average has paid $10 in rake.

If a player was getting rakeback using our quality and 100% free service, he would receive in the area of $3 back for every $10 paid in rake. The rakeback is paid automatically and directly by the poker room to the players poker account.

Signing up for our rakeback deals on rakeback poker rooms that give a rakeback offer to their poker players is very easy. Just download one of the rakeback poker rooms from the menu and you will be paid according to the terms of the rakeback deal stated.

Players are allowed to sign up as many rakeback deals they want on different rooms. Poker players who already hold an account with a specific room will not be able to sign up for rakeback on that room and should look find another poker rakeback deal

Notice not all poker rooms offer direct rakeback but instead they pay players a share of the rake back through poker bonuses and loyalty programs.

Rakeback is a great promotion from poker rooms to their rakeback players and many players earn thousands of dollars in online poker rakeback every year.

Recommended online poker rakeback deals for US and rest of the world players:

Full Tilt Poker rakeback 27%
Cake Poker rakeback 33%
Absolute Poker rakeback 30%
Ultimatebet poker rakeback 30%
Pokerstars rakeback through their FPP program – Rakeback value between 5%-35%

Please email us if you are still in doubt about what is rakeback or which poker room you should sign up for rakeback at.
In order for the online poker rooms to make money they automatically take a cut of the players stake money, this is called the “rake”. Normally the commission is 5% of every pot up to a cap of $3, but this varies from room to room. You can always see how much rake your desired poker room is taking at their official site.

By playing a few hundred hands a month you are contributing a large amount of rake. This is money directly out of your earnings. You could be paying tens of thousands dollars a year just in rake. This is where we step in; by signing up with our great offers you can get as much as 60% of the rake you are accumulating back!

Which types of games qualify for rakeback?

Every game qualifies for rakeback whether it’s No Limit, Limit Holdem, Omaha, Stud etc.

What about the fees I pay in tournaments and SNGs, do I get rakeback there too?

This depends on the poker room as some poker rooms add fees to your rake and some not. Please check on the information we have listed on each room for further details.

How do I sign up to receive my rakeback?

To start receiving rakeback, simply follow these simple steps:

1. Select a room from our “Rakeback Deals” section in the menu.
2. Follow the instructions on that page to create your poker rakeback account.
3. Start playing poker with your new account and start earning your rakeback.
4. We will confirm your account and make sure you start receiving your rakeback payments

What if I am already playing poker but don’t have any rakeback. Can I still get a rakeback account set up from you?

Yes you can. Just check out on which network your current poker room is and then go to our “Rakeback Deals” section to see which poker rooms offers we have within that network. If you are unsure of which network you are currently playing on, or have any other questions, don’t hesitate to send us an email at support@rakerider.com.

Why do I need to email you my account details when I have set up my new account?

We need to know on which poker room you have registered your account and you new username/screen name and/or account number so we can keep track of how much you rake and how much we will pay back to you in rakeback.

Can I sign up for more than one offer?

Yes, you can sign up at as many poker rooms as you like. Just be sure to email us your account details then we handle the rest.

Will there be any problems with tracking my rakeback if I reinstall/uninstall my poker room software?

No. We track you through your account name with your chosen poker room. Therefore you can reinstall/uninstall your software with no problem. It also works the same if you get a new computer.

How will I get my rakeback earnings?

Your rakeback payments will be done monthly and directly to your account. The payment is usually made within a week of the end of the month, though at some rooms it can take up to 2-3 weeks.