Frequently asked questions
What is rake?
When you're playing poker on the internet, the site you're playing on charges a fee from you. This fee is called the rake and it's paid as a percentage of each pot. The rake might be only a few percent of each pot, which is the reason that many players don't notice it. But believe us, when you add up all the thousands of pots an average player plays, this small percentage turns into big money! A player might be better than the opposition, but still lose money because of the rake!
What is rakeback?
By representing a very large number of players, we are a force the poker sites cannot ignore. Because of the fact that we represent a lot of players, we can negotiate much better terms for our members than if everyone negotiated their own deals. We get a share of the rake our customers generate. Most of this money is then paid back to you, the players! This procedure is called rakeback in poker lingo. We keep a small share to keep Rakebucks.com up and running.
What should I keep in mind before signing up for rakeback?
The rakeback percentage you get is of course a major interest, and we’re giving you some of the very best deals on the internet. But there is a couple of other things that affect your choice of rakeback site as well.
How credible is the rakeback site in question? There are some less committed sites out there that make you a fantastic rakeback offer, but then never pay the money to your account. One way of finding out whether any rakeback site is credible is to send an e-mail to their support department, or to check whether they offer online rake tracking. Also, remember that in the rakeback business, size matters. A site with many customers and branches in different countries and services in different languages has a lot to lose from not delivering a top-notch rakeback service.
Finally, remember also to compare not only the rakeback percentages. Some poker sites offer fast cashouts directly to your credit card, which is very convenient. If you’re an EU citizens, keep in mind also that winnings from EU gaming sites are free of tax according to current practice.
When we pick our cooperation partners, we go through all the aspects above to make sure our customers get the best offer there is!
How is my rakeback calculated?
The different gaming sites use different methods of calculating rakeback, but the basic principle is the same: Your contribution to the rake is determined as the total rake in a dealt hand, divided by the number of players in that hand. So if the rake in a hand is $3 and six of you were dealt cards, your contribution is calculated as $0,50 (3 / 6 = 0,50), regardless of whether you win the pot or not. The gaming site then adds up the rake you have contributed during the rake period in question (usually a month), and you then get what is call the gross rake. From this sum your bonuses are deducted and you then get the net rake. Your net rake is multiplied by the rakeback percentage on that specific site, and the product is your rakeback!
What is online rake tracking and do you offer it?
Online rake tracking means that players receive updated statistics on their rake and estimated rakeback. As a Rakebucks.com customer, you have access to this service at all times by logging on to your personal account on our webpage!
How and when am I paid?
All rakeback payments are made directly to your poker account. Rakeback is paid once a month on most sites, but on some sites rakeback is paid weekly or even daily.
Can my rakeback percentage change?
We work very hard to give you the best rakeback deals. If we negotiate a better deal with a poker site you will in turn receive a higher rakeback from us!
Theoretically, there is a risk that a poker site for some reason changes our deal with them. We therefore must reserve the right to decrease the rakeback percentage.
What is a poker network and what is a skin?
A poker network is just that, a network of poker sites that share a common gaming platform (ie. same gaming software). Regardless of which poker skin you’re playing at, you’ve got access to the same players and the same tables as everyone else in that poker network. This means that you might be playing against people from other poker sites (skins) within the same network. Because of this, the experience from playing on sites within the same network is pretty similar. The reason sites within a network are called skins is that they’re all connected to the same inner core of tables and players.