- Rakeback is a refund of the "rake" that you pay to play any cash game or tournament. Depending on the host site and the rakeback site, you can earn anywhere from 25%-35% in refunds if you use any of these providers. The rakeback provider tracks your play at whatever game/stake, then will refund the set % of the raked amount back into your account on a monthly basis.
- Cash players pay more rake than tournament players because pretty much every hand that sees a flop is "raked" a set percentage. As such, cash players are entitled to more rakeback.
- Cash players have an added bonus here because they not only get the refund on pots they play/win, but they also receive the same rate on raked hands that they do not play. Essentially, if you are dealt cards, you are eligible to receive rakeback for that pot.
- According to Guido, who is a very wise man, if you generate a large volume of hands seen and are a break-even player, you can build your bankroll via rakeback alone. (Of course, being a winning player is also helpful).
- For more info, I trust this site.
The problem here is that Full Tilt is notoriously stingy about offering rakeback to existing account holders. Many of the sites I looked into would not submit a request for my account. However, www.raketherake.com was willing to handle this on my behalf, but they did not promise any results. Given that I want to build my bankroll, I have to take advantage of every opportunity, both on the table and off. If FT won't help a brother out, I'll have to take my business elsewhere. I'll keep you all updated about what transpires...
Good post. I don't really follow what is going on at FT since I don't play there, but I know that people used to be able to switch to a rakeback account, no problem. Maybe things have changed and it's harder now... don't know.
ReplyDeleteYou can check the RB section on 2+2 to see what is going on in this respect. http://forumserver.twoplustwo.com/51/affiliates-rakeback/
Don't be silly and play on Full Tilt without rakeback. This is just unfair and disgusting. They didnn't give me rakeback = I withdrew all my money and will never play on Full Tilt again.
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