RakebackWhat It Means in Poker and Casino Play

The simplest definition of a rake is the fee levied by an online poker room to cover operating expenses. Some people refer to it as the Vij, Juice, or Drop. The role of the rake in poker and casino games is to ensure that the operator has revenue to cover operating costs.

This amount usually varies from one site to the next or depending on the game. It may vary from one poker variant to the next even if the games are offered on the same site.

Rake is usually expressed as a percentage. Using an example is the best way to explain how rake is calculated. So, check out the example below:

The total pot for a poker game is $20. So, if the rake is 5%, and the cap is %2, then the rake is 5% of $20, which is $1.

Understanding how rake is calculated is crucial for anyone playing poker, as it directly affects their potential earnings. The cap is a very significant factor to consider when calculating rake. This means that even if the total pot is high, the rake will not exceed the capped amount.

See the example below:

If the total pot of a poker game is $100 and the rake is 5% capped at $2, conventionally, the rake would be: 5% of $100, which is $20. However, since the cap is $2, the casino will only take the $2 and not $20.

Contributed rakeback is normally calculated by how much money a player has put into the pot. This means that the rakeback will be a percentage of the amount you put into the pot. So, the more of your own money you put into the pot means the more rakeback you will get, and vice versa.

Let us look at an example:

A site offers a 50% rakeback. The same site has a 5% rake. If a player contributes $25 into the pot, below is how the rakeback will be calculated.5% of $25 = $1.25So, 50% rake back will be 50% of $1.25, which is $0.625

This type of rakeback is where the rake is shared equally between the players at the table. Furthermore, you have to voluntarily put money in the pot to qualify for this type or rakeback. Therefore, you will not generate any rake in this method if you fold after being dealt a hand.

Let us look at an example of shared rakeback:

You are in a 6-max $100NT poker room where the rake is 30% and the rakeback method is the shared technique. The pot reaches $60, and you voluntarily contribute $15 to the final pot. Three other players on the table also put their own money in the pot. Below is how the rakeback will be calculated:

5% of $60 = $3, which is the rake$3 divided by 4 (number of players that contributed to the final pot) = $0.7530% of $0.75 = $0.225, which is the rakeback

Remember that the table had 6 players. However, only the 4 that entered monet into the pot will receive the rakeback. This is how shared rakeback works.

In a progressive rakeback, the percentage you receive is based on the hands that have been played or the amount of rake paid. Most online poker rooms implement progressive rakeback systems that reward players based on the amount of rake they generate. Therefore, if you play a variety of hands, it means that your portion will increase. Also, the higher amount of rake you provide, the higher the amount of rakeback you will receive in return. A progressive rakeback model typically favors multi-tablers. This is mainly because casual poker players often receive small amounts.

Poker rakeback is a refund of some portion of the total rake that you pay to play on an online poker site, and different poker sites offer various rakeback programs. In a nutshell, it is when a poker site refunds a portion of the rake it makes from a game to its players. This kind of rake is usually collected from cash games and tournaments. It is not only the house fee that qualifies for this kind of refund.

A poker rakeback is a perk that is given to regulars or loyal clients at certain poker rooms that play a lot of hands per week or month. So, the volume of the hands you play on a site will determine the percentage of rakeback you receive. It will also determine whether you even qualify for this perk in the first place.

Rakeback does not necessarily have to be associated with a poker game. Even sports betting sites offer this kind of offer or refund. So, a sports betting rakeback is offered by a sports betting site. It can be given to players who place bets on specific games or are loyal to the bookmaker. A sports betting site rakeback does not differ significantly from a standard poker rakeback. The only key difference is where it is offered and the specific details.

This is a rakeback offer that is given specifically to high roller clients at an online casino or a betting site. A highroller is a client or bettor that spends a lot of money at a betting site. The total amount of money you spend on the site in general can make you eligible for a rakeback. However, even if you frequent a certain game, like playing high volumes of hands at a poker table, you will also qualify for a highroller rakeback.

A VIP rakeback is a type of offer that specifically targets VIP players at an online casino or a betting site. In order to become a VIP player, you have to earn a certain number of loyalty or VIP points. The points are usually awarded depending on how much money you spend at the operator. The precise basics of how a VIP program works and how the points are awarded usually differs depending on the site. Regardless, one of the perks of being part of a VIP program can be a VIP rakeback.