Rebates for Play - Rakeback and Propping
WEC Recommended RakeBack Providers
What is it?

Poker rooms take a percentage of every pot that is played (called the "Rake").  This is how they
make their revenue.  That set percentage of each pot being taken off the table means that decent
players can go through long stretches making little or no money even if they win a few pots here
and there.  In low-limit games,  the rake can be high enough in comparison to the stakes to make
the game almost unbeatable over the long term.

This is one reason that much of the poker advice available to newcomers idealistically tells them
to build up a bankroll quickly and get out of low-limit games ASAP.  In the real world that isn't
always possible,  leaving some players resigned to playing in the low limits much longer than
they would like.  Luckily for these grinders there's another option:  Rebates for Play!!   This is
more commonly known as RAKEBACK.

It's no overstatement to say that RAKEBACK is one of the greatest creations of the online poker
boom.  In essence,  it's a deal between you and the house to recover a portion of the rake you pay
and return it to your bankroll.  Rake back deals are possible with online poker rooms because the
costs of running such rooms are dramatically lower than running a brick-and-mortar (live) poker
room.  These rooms still take a rake like a brick-and-mortar casino would,  but they can afford to
pay some of it back in exchange for player loyalty without losing any of their profit margin.  While a
handful of small online card rooms pay rakeback directly to players,  the majority of rakeback
deals are done through sites affiliated with card rooms.

High-limit players can certainly benefit,  but it's the low-limit players who have the most to gain
from rakeback.  Consider that most online poker rooms take a rake of 5% up to a maximum
amount,  usually around $3-4.  If a $2/$4 limit holdem player wins an $80 pot,  he's actually
paying the house a full 5% of his winnings.  If a $100/$200 limit holdem player wins a $2000 pot,  
he's paying the house less than 1% of his winnings.  The low-limit player's rakeback can be the
difference between being a break-even player and a winning player;  the high-limit player's
rakeback is more likely to simply provide spending cash.  If you're trying to build a bankroll by
playing anything below $5/$10,  it's to your advantage to find a rakeback deal.

It is also worth noting that rakeback almost always applies only to cash games  --  deals that will
also return a portion of your tournament entry fees to you are few and far between,  so if you
mostly play tournaments you're going to have to add cash games to your repertoire if you want to
get value from a rakeback deal.


How Does a Player get Rakeback?-How is it Determined?

Poker RakeBacks are literally a rebate of the poker rake contibuted on each pot. You are paid a
specific percentage of the rake that you generate. This rebate is paid to the "RakeBack Provider",
who in turn distributes the vast majority of this commission back to you as your Poker RakeBack.

Most poker sites determine the amount of poker rake you generate by taking the actual rake of
each pot and dividing it by the number of players that were dealt cards in that hand. For example,
if the pot is raked $3 and 10 people were dealt cards, then each person generated $0.30 in rake
for that hand. Your Rake Back is a percentage, typically 25% to 50%, of that $0.30, regardless of
whether you win or lose the hand. This may sound like a small amount, but it really adds up
because of the speed of internet poker.  In addition, multi-tabling can exponentially increase the
rake, and therefore your Rake Back.

Whether it covers the cost every month of a case of your favorite beer, dinner out, tickets to see
your favorite team, or is enough to pay your entire rent or mortgage, getting a healthy percentage
of your money back is better than letting the online poker rooms keep it.  And remember, just like
comps at your favorite casino, it’s free money.

What is Online Propping?
RakeBack sites match rooms that need games with players who are willing to follow some basic
rules in exchange for being compensated by the room. Players do not have to follow any set
schedule, can play as little or as often as they like each week, and are generally paid directly into
their account at the room every week. Generally speaking, rooms are paying up to 125% rake
back for propping.


Who Provides RakeBack?

To get a rakeback deal, you must locate and choose a reliable "RakeBack Provider" (an affiliate
website who offers rakeback for various online poker rooms).  Once you have become a member
of the "RakeBack Provider", you follow directions on their site concerning the details for signing
up for RakeBack on each individual poker room they represent.  Generally, you can only apply for
RakeBack for online poker rooms that you do not currently have an account.  But that is not always
the case, so check the requirements of the RakeBack Provider.
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RakeTheRake, the rakeback professionals, offering up to 60% rakeback
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I have reviewed many RakeBack sites.  I decided to recommend TWO that offer the best  choice
and variety to readers of WECpoker.  

First, all of the sites handle a large volume of players.  Second, all of the sites are established.  
Third, from my observations, all of the sites are trustworthy and offer above average service.

Since these sites handle your rakeback money (that they get from poker sites), it is important to
be cautious when joining.  I have done my best to recommend what appear to be the absolute
safest sites.
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Why should I choose RakeTheRake?
RakeTheRake is the most reputable and trustworthy poker rakeback affiliate in the world.
RakeTheRake offers up to 60% rakeback at all the top poker rooms PLUS you can play for over
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worldwide live events.  
RakeTheRake make prompt reliable payments every month and you can check your rakeback
account daily on the secure online rakeback tracker.
RakeTheRake make payments each calendar month directly into your poker account, or you can
choose direct transfer into another poker account, bank account, PayPal, NETeller or by cheque.  

If you're already playing poker online and not getting your rake back, you are missing out!
Earning rakeback is simple, it's free and it can add up to tens of thousands of $$$ a year!!

Over 50,000 player accounts can't be wrong !!



It's easy to Join RakeTheRake

Earning up to 60% rakeback is easy with the rakeback professionals. Just select a featured
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Start claiming your RAKE money BACK.


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