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Online poker rakeback

Lately, the world of online poker has been serious turned up side down with the phenomenon known as rakeback. It has made quite a buzz.

But before we go any further I believe we have to know what rake back is. Online poker rooms and casinos make their money by taking a small amount of money from the pot. Until now, I am sure that everybody knew this fact. That small percentage taken from the pot after every hand is what keeps the online casino floating. The thing that most people do not know yet is that you can receive a part of that money back. And this is called rakeback.

Before you understand poker rakeback completely, you need to know what the rake really is. The word rake, referring to poker of course, is the fee paid to the online poker site or poker room for hosting the game of poker you are playing. In real casinos the rake can get up to 10% of each hand. Usually, online poker rooms only charge half of that, meaning around 5% of each hand. The online rake is usually situated between 3 and 5 dollars.

The implementation of rake is not an unusual thing, because as you all know, poker is not played against the house, but against other players. The rake is the just the way of generating revenues for poker rooms.

Something extra for you to know is that in real casinos the dealer rakes the chips that belong to him from each hand and this is where the word rake itself comes from.

But let's return to our subject matter, I am convinced that by now you realized that rake back means that you will get some of the rake money, taken by the online poker room, back. You must keep in mind that rakeback is only available in the world of online poker. It is strictly online poker phenomenon and it is the result of the strong competition between online poker rooms.

So, rakeback is one of the advantages of playing poker online. And why not take advantage of rakeback if such a thing is actually possible? Besides the fact that the rake is actually lower than in real casino, you also have a chance of getting some of that money back. And I believe this a great thing for online poker world.

The constant battle for the title of the best online poker room has made some online casinos give even three part of the initial rake back to the players.

To conclude, poker is the greatest of card games ever to be invented. More and more players join online poker rooms every day, looking for good entertainment and winning fast and easy. And rakeback is not a step back but a step forward for the players. In case you are looking for a great online poker room to play in, look for great rake back offers and have a nice time.