Since the year 2004 commenced by a few online casinos the rakeback system is becoming popular in the online poker community. Under this system the online poker casinos or their affiliates return a portion of the rake a player pays to encourage him continue playing with that online poker casino. In order to understand rakeback we need to understand rake first. Rake is a fee charged by an online poker casino operator which is mostly up to 5 per cent of the pot in each poker hand. There are also modes of taking rake where percentage is not considered as with some operators who do not charge percentage rake in any community card poker game where a hand does not have a flop, also known as no flop no drop e.g. as in Texas Holdem. In order to understand the benefits of rake and other procedures and tips related to poker one should consult a good reference source. In the game of poker a player plays against other player(s) and not against the casino operator as in the case of roulette or blackjack hence rake is the main source of income for the operator.
In many legal jurisdictions charging rake is absolutely illegal if the poker organizer does not have proper gaming permits or licenses. However online poker playing sites operate from places where rake is not illegal. So the online poker operators charge rake from the players and pass a portion of it to the affiliate site through which you have reached the poker site. The affiliate site may allow a portion of this rakeback to you in order to keep your interest alive with them. Some poker operators keep a bar on the amount of rakeback you can take from them in order to deter the smaller affiliates competing with the bigger affiliates by allowing more rakeback.
In case you are looking for the best rakeback deal:
– Go through references
– Choose a site with a huge players’ database
– Look through the forums discussing about best rakeback sites
– Search the sites which have good referral programs
– Select the site which offers you different rooms so that you may choose as per your wish
– Search for award winning sites likes Europa Casino
– Look for site which offers information about your rackback amount every day