Rakeback deals are the key to long-term profitability – at Juicy Stakes Poker and beyond. In fact, they are any poker room’s equivalent to online casino bonuses. Rakeback is cash that goes off the table and circulates right back to where it belongs – in your pocket!
If you’re new to poker and rakeback isn’t a term you’re necessarily familiar with, we’re here to demystify it for our poker lovers at Juicy Stakes. Keep reading for everything you need to know about rake, rakeback and where to find the best rakeback deal around!
What is Rake in Online Poker?
To get rakeback there has to be rake, right? It is like the ‘cash’ in ‘cashback’! In other words, you have to spend money to get money back – whether it is at an online casino, retail outlet or short-term insurance company.
When you play real money games like online roulette, blackjack and slots, you essentially play against the casino. The fee levied for the gaming action is built-in to each game. It is called the edge – the nominal advantage the gaming platform has over players.
With poker – both live and online – you compete against other players. Online poker rooms like Juicy Stakes Poker simply develop the platforms required to host the games. They roll out the software and spend money on attracting players who contribute to the prize pools that are distributed as winnings.
The rake is the cost of playing poker online. It is a tiny percentage skimmed off the top of each pot in cash games. Rake is also deducted from tournament fees and levied as part of the buy-in.
How Much is the Rake in Online Poker?
Rake structures vary from one poker room to the next. In some instances, only games with a specified number of players are raked. In others, rake is deducted from one pot every 45 to 60 minutes but typically at a much higher rate.
The actual value of the rake is variable but generally falls somewhere between 3% and 7%. Rake can also be capped at a monetary amount that increases or decreases along with the stakes. At some poker platforms players are not raked at all. They are charged a flat fee for every hour or so at the tables instead.
Tips for Reducing Rake in Poker
How can you cut the cost of playing poker online? You can employ a few of the best tips for reducing rake in poker, starting with the following gems:
- Tip #1: The first step is to find a low-rake poker room, like Juicy Stakes. Do that and your initial outlay is less.
- Tip #2: When you leverage one or more rakeback deals, you get an immediate return on your investment. That means cash in your pocket, times two.
- Tip #3: If the poker room offers rake that varies according to cash game or tournament format, that gives you another opportunity to limit the funding fallout!
Reducing rake is all about making the right selections. When you choose the best poker room and play low-rake games and tournaments, here is the deal… You can play poker 24/7 and have cash to spare – if you choose a top venue like Juicy Stakes Poker!
What are Rakeback Deals?
As the name suggests, rakeback is a percentage of the rake that is returned to you. It can be anything from 15% and 40% depending upon the poker room, your VIP status and how many hands you play over a given period of time.
The rake you get back is based on your activity. It is calculated according to the number of raked pots you play or tournaments you enter. You can usually keep track of the rakeback you have earned in your online poker account.
The best rakeback deals offer a higher percentage of rake that is returned to players. Rakeback can be credited to your account as cash or it can be in the form of bonuses or rewards. At most poker rooms, rakeback is not cashable. It is free money that can be exclusively used to extend your poker-playing sessions online.
How Rakeback Deals Drive Long-Term Poker Profits
Rakeback isn’t a small one-off incentive. It is an ongoing self-sustaining boon that continues to feed funds into your poker account for as long as you play the game. It not only reduces the cost of playing poker online – it maximizes your winnings overall.
The best way to demonstrate exactly why rakeback deals are core to profitability is by way of an example.
A player pays $5,000 in rake playing no-limit Texas Holdem over the course of the year, while earning $2,500 in clear profit. As the platform he is playing at does not offer rakeback deals, the total gain for the year is $2,500.
Had the same player taken advantage of a 36% rakeback deal, the total profit would be $4,300 – 2,500 plus $1,800 in rakeback. That is a massive 72% increase in gains!
Where to Find the Best Rakeback Deal Online
Before we get into our killer rakeback deal, here’s a few salient points about the rake at Juicy Stakes Poker. Firstly, we operate on a no-flop, no-drop basis. If the game ends before the flop, we don’t rake the pot. Simple!
Secondly, we charge a 5% rake across the board. Depending on the stakes and number of players dealt cards at the table, the maximum rake is capped at $0.50 through to $4. We also take 5% of each tournament fee.
Now to one of the best rakeback deals you are likely to find anywhere. At Juicy Stakes Poker, we offer 36% rakeback, and that is markedly higher than you’ll get from our closest competitors. The free cash is credited to your account – once a week, every week!
To view your rakeback status, simply login to Juicy Stakes Poker, smack the My Profiles tab and navigate through to your VIP status. It is as easy as that to keep track of your share of the commission fee, so that it always goes back to where it belongs!
Sign Up to Leverage the Juicy Stakes Rakeback Deal NOW!
At Juicy Stakes Poker, we offer more than a low rake and above-average rakeback deal. From the moment you register and deposit funds into your account, you get a ‘little’ something back in return. Your journey to free stuff starts with a 200% welcome bonus and never ends.
On most days, every wager generates Frequent Player Points (FPPs). On special days, you get double the points. FPPs are the building blocks for bigger and better bonuses and rewards. Throw in reload bonuses, daily freerolls and more and JSP (Juicy Stakes Poker) is clearly the place to play poker and maximize profits!
