| |
How rakeback deals work
There are several misconceptions regarding
rakeback,
but probably the most popular one is tied to the way rake
contribution and thus rakeback are calculated. Many people think
that since the rake comes off the pot, it is the winner who pays
the rake, and thus he’s the only one who earns rakeback on that
particular hand.
Things are much more complicated than that though. In order to
understand how rake calculation works, you first need to
understand that the pot is a standalone entity at a poker table.
It doesn’t belong to anyone, and when it’s raked it still doesn’t
belong to the winner. The winner only gets it after the rake is
taken.
Who pays the rake then? All those who have equity in the pot of
course, who else? If you put money into the pot, regardless of
whether it’s in the shape of a compulsory bet (one of the blinds)
or through a voluntary bet, you too pay a part of the rake.
Exactly how big a part of the rake you pay depends on how much
money you stuff into the pot.
In an ideal poker room, you’d get credit for a rake contribution
in direct proportion with the money you put into the pot. In
reality though, that’s not always he case. The
rakeback Full Tilt poker offers
is based on dealt rake contribution. This means that you’ll get
credit for generated rake and thus you’ll be entitled for rakeback
just because you’re dealt into a hand. That however may be just
fine with you as long as you’re a tight-passive player: others
will generate rakeback for you.
The contributed rake method is more accurate although it’s still a
far cry from the ideal. Only players who contribute to the pot are
allotted rake contribution under this method, but they all get
equal shares of it. The ideal rake contribution calculus detailed
in the first part of this article is called the weighted
contributed method. Regardless of which of these methods
your poker room uses, you’re always better off playing with
rakeback than without it. Sign up for a deal like the
Absolute poker rakeback and start
getting some of that otherwise lost money back.
|
