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-   -   Rakebacks? How does it work (http://archives2.twoplustwo.com/showthread.php?t=407679)

12-30-2005 10:03 AM

Rakebacks? How does it work
 
Sorry this might sound stupid to some of you, but i would just like to know how rakebacks actually work. It sounds a little too good to be true, but ever since since i've been able to track how much rake i've payed, I wouldn't mind something that cuts this margin down.

Jessica1 12-30-2005 10:32 AM

Re: Rakebacks? How does it work
 
We say there's no such thing as a stupid question [img]/images/graemlins/smile.gif[/img]

Here's the short version....

Affiliates get paid by poker rooms to drive traffic to the poker rooms

This payment is in the format of a commission (anything from 20%-60%) on the rake that is contributed by the player for the life of his/her play.

Some affiliates drum up more traffic by offering to share this commission with the player. This makes them a rakeback affiliate (becuase they are giving rake back to the player)

This percentage is usually about 80-90% of what the affiliate receives. Affiliates tend to hold on to about 5% of the actual rake the player generates.

These payments are made back to the player usually direct to their poker account, either automatically by the poker room or by a manual transfer by the affiliate.

How much you get back depends on how much you rake....

I think that's about it but please feel free to contact me at RTR with more questions

regards

Jessica

RakeTheRake

Olback 12-31-2005 01:09 AM

Re: Rakebacks? How does it work
 
Great reply, another potential sticky or part of the FAQ?


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