|What is Rakeback|
Wednesday, May 16th, 2012 at 9:01 pm
Why Earn Rakeback at Full Tilt Poker?
Full Tilt Poker is a leading name in online poker sites and with their rakeback offer, you can earn money back on every real money wager you make on the site. Whether you are a serious online poker player lo
oking to pad your bankroll or a casual player looking to save money on your entertainment expenses, rakeback programs are good way to turn a small investment into a large reward.
What is Rake?
Rake is the term used to describe the small percentage of money taken by the online poker site as a fee for hosting the game. In all actuality, the only person that rake will affect is the winner of the pot, as the money is taken from the winnings. However, in rakeback promotional programs, every time you make a wager in a hand of poker, it is considered paying into the rake. However, if you fold before the flop it will not count as having paid into the rake. A small percentage of tournament fees are also considered in rakeback programs.
How Rakeback is Calculated
Full Tilt Poker rakeback programs allow you to win back a small percentage of the rake you paid into every hand that you participated in. This is calculated as 27% of the amount of rake you paid into a hand. At Full Tilt Poker, the maximum amount of rake you will have to pay per hand is $3.
Each time you pay into the rake at Full Tilt Poker, the amount that you paid will be added to your Monthly Gross Rake, or MGR total. At the end of each month, you will be awarded back a portion of your MGR from the previous month. This can be calculated by taking your MGR and multiplying it by 27% . Therefore, if you had an MGR of $300, you would receive $81 in bonus money.
Dealt Rake Method
At Full Tilt Poker, rake is calculated using the dealt rake method. In the dealt rake method, the amount of rake paid per hand is divided by the amount of players who paid into it. Therefore, you will receive more rakeback in a heads up game than you will at a full table. The dealt rake method is a more simplified way to calculate rake and can help you earn more from rakeback.
In a dealt rake method, you can make a minimum wager, fold after the flop and still effectively contribute to the rake. Unlike a contributed rake method, the amount of money you actually put into the pot is meaningless in a dealt rake system, just as long as you put money in at all. This allows you to play tight and smart and slowly increase your rakeback earnings.
The Full Tilt Poker rakeback program is a good way to earn back the money you would have already lost in ring games and poker tournaments. Best of all, rakeback is determined by the hands you play, not the hands you win, so it’s easy for any player to earn a big bonus.
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