|Full Tilt Rakeback FAQ’s|
Saturday, June 2nd, 2012 at 4:29 am
Full Tilt Poker Rakeback FAQ
Earning rakeback from Full Tilt Poker is an easy way to make back some of the money you pay towards fees when playing poker online. By following this Full Tilt Poker Rakeback FAQ you can find out more about this pro
gram and how you can benefit from it.
What is Rake?
Rake is the term used to describe the fees taken from the pot by Full Tilt Poker before it is awarded to the winner. Rake is a small percentage of the pot and is used to cover the overhead costs of running the site and hosting the game.
Who Pays the Rake?
The only person who actually pays the rake is the person who wins the pot because the rake is taken from the winnings. However, for the purposes of rakeback programs, any player who paid money into the hand and at least saw the flop will be considered a contributor to the rake.
How Does Full Tilt Poker Determine Rake?
The system used at Full Tilt Poker is called the dealt rake method and it is calculated by taking the total amount of rake paid and dividing it between all of the active players in a hand.
Do I Receive Rakeback When I Fold?
You can still receive your rakeback bonuses when you fold, as long as you do so after the flop. You do not have to see the showdown in order to receive your bonus money.
Does the Amount I Wager Affect My Rakeback at Full Tilt Poker?
The amount you wager will have no bearing on the amount of rakeback you will receive. Full Tilt Poker determines rake using a dealt rake method, therefore as long as you see the flop, you are given an equal portion of the rake with the other players at the table who did the same.
What is the Most Amount of Rake I Will Have to Pay?
At Full Tilt Poker the rake will never be more than $3 per hand. The amount of rake you pay is divided between the amount of players at the table. Therefore the highest amount you would have to potentially pay is $1.50 for a heads up game.
How is Rakeback Calculated?
Your rakeback will be calculated differently according to the Full Tilt rakeback program you belong to. Some will calculate rakeback on a monthly basis, while others may do so daily. Across all Full Tilt Poker rakeback programs you will receive a standard 27% of your accumulated rake back as bonus cash.
When Can I Receive My Rakeback?
The timetable for rakeback payouts will vary depending on which Full Tilt Poker rakeback program you belong to. Some rakeback programs will allow you to receive your payment whenever you request a withdrawal, while others will set up an automated payment play to award you your bonus money on a weekly or monthly basis.
How Do I Sign Up for a Full Tilt Poker Rakeback Program?
To sign up for a rakeback program you can use a promotional code provided by the rakeback site to sign up for an account at Full Tilt Poker. You will also need to sign up for an account at the rakeback site itself and provide them with your Full Tilt Poker screen name and the e-mail address you used to sign up for an account. You will then instantly receive rakeback in your rakeback account.
What is Juice?
Juice is another term for the tournament fees you pay in real money poker tournaments. If you enter a $100+$10 tournament, you will receive 27% of that $10 or $2.70 back into your rakeback total.
How Do Bonuses Affect Rakeback?
When you receive a bonus or promotional offer, the amount will be deducted from your rakeback total. This is because when you play with bonus money you are not paying into rake with real money wagers. For example, if you earn a $25 bonus that is equal to $25 of rake that you are not paying with real money, you won’t earn rakeback on that sum.
To simplify this, Full Tilt Poker will simply subtract this amount from your rakeback to make up for any rakeback made with that bonus money. You have the option to opt out of any promotion if you would not like it to affect your rakeback account.
How Do Tournaments Affect My Rakeback Account?
If you enter a tournament where Full Tilt Poker fronts a portion of the jackpot and not enough players pay into the tournament to match it, you can be charged on your rakeback account to cover this cost.
For example, if you played in a tournament where the amount fell $100 short of the amount needed to cover the guaranteed jackpot, that $100 will be divided between the rakeback players in the tournament. So if 50 rakeback players entered the tournament, each would be charged $2 to their rakeback account to cover the cost of the guaranteed jackpot.
How Do Full Tilt Points Affect My Rakeback?
When you play in real money games at Full Tilt Poker, you will also receive loyalty points called Full Tilt Points. These points can be used in the Full Tilt Store to purchase goods, prizes, perks and tournament buy-ins. Earning Full Tilt Points is also calculated by the amount of rake you pay per hand.
Full Tilt Poker will not allow you to receive double benefits on your rake, so if you use your Full Tilt Points, you will be charged the equivalent to your rakeback account. This is due to the fact that you already earned bonus money from that rake, so using your points on top of that means Full Tilt Poker has to retroactively take that bonus money back. Keep this in mind before making purchases using your Full Tilt Points.
How Do Player Fees Affect My Rakeback?
When you pay player fees from banking, such as from a credit card or the processing fees from requesting a withdrawal, these fees will be taken from your rakeback account. The advantage to this is you avoid using real cash for these processing fees, though the downside is that it can sometimes leave your rakeback account with a negative total.
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