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Rake is the fee that the poker rooms tales from the players. They take out an average of 3% from every pot.
For a player who plays poker almost fulltime the total rake can amount thousands of dollars every month.
The rake is approximately the same in all poker rooms but in some rooms you can get something called rakeback. This means that some players are paid back a percentage of the rake he paid every month. The rakeback can be paid directly from the poker room or from a rakeback agent the player have a rakeback deal with.
When I first heard about rakeback, some yeas ago, it sounded like an easy way to increase my poker winnings. I made rakebackdeals for a couple of poker rooms and stopped playing where I had made good money before.
But my results after a few months were a big disappointment. I made lots of rakeback but my total income from poker was much less then it was before. I had to stop playing with rakeback and went back to the poker room where I had played before and I started to doing good again.
I have spoken with some other good poker players who also have had the same bad experience of rakeback so I started to think about why it was like this.
I believe you get the wrong goals and focus when you are playing with rakeback. Instead of trying to play your top game at all times you are trying to rake as much as possible. It’s very easy to play too many hands, too many tables and too long hours. You don’t feel that it’s most important to win but to make as muck rakeback as possible.
You will probably also play in the wrong poker room. The poker room that offers the highest rakeback probably does so because they have problems attracting new players without it. That means financially weak poker rooms with few players. The poker rooms with high rakeback also attract the wrong players. Players who plays to maximise their rakeback, who are playing extremely tight at eight tables simultaneously. To play in a poker room that are dominated with this kind of players is not only very boring but also bad business.
I think its better to go the opposite way and play in a poker room where no one gets rakeback. Such poker room is Bodog Poker, as far as I know, it’s impossible to get rakeback here. At Bodog there is no rakebackplayers. People who play poker at Bodog are here for the fun and too gamble. That’s one reason for that you will find the weakest opposition anywhere at Bodog. Its more fun to play at Bodog and you will make more money.
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Go to Bodog Poker
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