"The best rakeback deals on the net"

Just how much money is there in rakeback?

Every rakeback site on the internet, ours included, keeps going on about how easy it is to make money with rakeback, and how substantial an advantage it’ll mean for you at the poker table.

Even though it’s kind of simple if you think about it, nobody really backs up these claims with cold-hard numbers. Well, we’ll try to do that for you, so here goes:

We’ll have an experiment at a 3 handed $1/2 NL Texas Holdem table (we’ll keep it sort handed, so the calculations are easier to make). Players will be designated A,B and C respectively. We’ll emulate play with and without rakeback, over the course of 5 hands, and we’ll see what conclusions we can draw. The rake will be the industry standard 5% on a pot (max. of $3), and the rakeback is 30%.

In the first instance, we’ll follow a winning player, (one who remains with money at the end of the 10 hands) in the second instance, we’ll keep an eye on a losing player, while last, we’ll take a look at a break-even guy.

Let the game begin.

We have A,B,C sitting at a table with A on the button, B-SB, C-BB. Everyone has a bankroll of $10, blinds are $1/2.

Hand 1: Blinds are posted, A folds preflop, B calls 1, C checks. Flop hits the table. B bets 2, C folds. The rake is $0.3, C remains with 6-0.3= 5.7 dollars. His net win will be 5.7 – 4 ( the amount he himself posted) = 1.7

With the contributed rake method, the $0.3 is divided among the 3 players like so:

A didn’t participate in the pot at all, so his contribution to the final pot is 0%. His rake contribution is also $0.

B posted $2 into the $6 final pot. That’s a 33.33% contribution. Thus his rake contribution is 33.33% of the 0.3 total rake, which puts him to $ 0.099. That’s how much rake he paid during hand 1, even though he didn’t win.

C posted $4. That represents 66.66% of the pot. His share of the generated rake is $0.199.

Let’s set this in a table so it makes more sense:

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated $)

Rakeback due (30%) ($)

A

10

10

0

0.3

0

0

B

10

8

-2

0.099

0.0297

C

10

11.7

1.7

0.199

0.0597

The same table would look like this (if the rake calculation method were dealt):

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated ($)

Rakeback due (30%) ($)

A

10

10

0

0.3

0.1

0.03

B

10

8

-2

0.1

0.03

C

10

11.7

1.7

0.1

0.03


Hand 2: Blinds are posted (B on the button, C in SB with 1, A in the BB with 2.)

B calls the BB, (2) C however goes all-in preflop (10.7). A folds, B folds, C takes the 15.7 dollar pot.Since there is a no flop-no drop policy at the room they’re playing at, no rake is taken from this pot.

In conclusion:

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated ($)

Rakeback due (30%) ($)

A

10

8

-2

0

0

0

B

8

6

-2

0

0

C

11.7

15.7

4

0

0


The table will look exactly the same whether the rake calculation method is contributed or dealt, since there was no rake taken in the hand.


Hand 3: C is on the button, A is the SB with 1, B is the BB with 2. C calls 2, A calls 1. B checks. The flop hits. C checks, A bets 2, B raises 2 to 4 going all-in. C folds. Cards are shown, B wins. The pot is 12. The rake will be 5% = 0.6. B takes 11.4.

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated ($)

Rakeback due (30%)

($)

A

8

4

-4

0.6

0.199

0.0597

B

6

11.4

5.4

0.3

0.09

C

15.7

13.7

-2

0.099

0.0297


The same table with dealt rake:

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated ($)

Rakeback due (30%) ($)

A

8

4

-4

0.6

0.2

0.06

B

6

11.4

5.4

0.2

0.06

C

15.7

13.7

-2

0.2

0.06


Hand 4: A is on the button again, B is the SB (1) and C is the BB (2). A folds right away.B calls 1, C checks. The flop comes. B bets 2, C calls. The turn. B calls, C bets 2 B folds. C wins 10 out of which his net win is only 4 ( he posted 6 himself) The rake is 5% which is 0.5 in this case. C takes home a net win of 3.5, ending up with 17.2


In conclusion:

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated ($)

Rakeback due (30%) ($)

A

4

4

0

0.5

0

0

B

11.4

7.4

-4

0.2

0.06

C

13.7

17.2

3.5

0.3

0.09


With dealt rake:

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated ($)

Rakeback due (30%) ($)

A

4

4

0

0.5

0.166

0.0498

B

11.4

7.4

-4

0.166

0.0498

C

13.7

17.2

3.5

0.166

0.0498


Hand 5: B is on the button, C is the SB (1) and A is the BB (2). B calls 2, C folds right away, A checks.The flop comes. B bets 2 and A calls him. B wins on the showdown. The pot is 9, the rake is 0.45. B takes home 8.55, out of which 4.55 is his net win.

Conclusion:

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated ($)

Rakeback due (30%) ($)

A

4

0

-4

0.45

0.199

0.0597

B

7.4

11.95

4.55

0.199

0.0597

C

17.2

16.2

-1

0.0499

0.0149


Same thing looks like this with dealt rake:

Player

Initial sum ($)

Final sum ($)

Net gain ($)

Total rake taken ($)

Rake generated ($)

Rakeback due (30%) ($)

A

4

0

-4

0.45

0.15

0.045

B

7.4

11.95

4.55

0.15

0.045

C

17.2

16.2

-1

0.15

0.045


Let’s try to put all the relevant data into a single table:

 

A

B

C

Net win

w/o RB

w RB

w/o RB

w RB

w/o RB

w RB

Hand1

0

0

-2

-1.9703

1.7

1.7597

Hand2

-2

-2

-2

-2

4

4

Hand3

-4

-3.9403

5.4

5.49

-2

-1.9703

Hand4

0

0

-4

-3.94

3.5

3.59

Hand5

-4

-3.9403

4.55

4.6097

-1

-0.9851

TOTALS

-10

-9.8806

1.95

2.1894

6.2

6.3943


Obviously, it is clear from the above table, that rakeback always pushes a winning player’s (C’s) winnings further up. He would’ve won 6.2 without rakeback, and he won 6.3943 with rakeback. Our break-even player (almost break-even, that is) B, has also seen an increase in his meager winnings from 1.95 to 2.1894. It may not seem like much, but keep in mind, these results were only for 5 hands, and even an average player puts in several hundred of these a day.

All of this is quite natural. The really interesting part is when it comes to our losing player. Since you generate rake while losing too, our player A lost only 9.8806 instead of the 10 bucks he would’ve lost otherwise. The conclusion is: not only will rakeback help you win, it’s also an efficient damage-control tool.

Let us now see the same chart using dealt rake method instead of the contributed one used above and analyze the differences:

 

A

B

C

Net win

w/o RB

w RB

w/o RB

w RB

w/o RB

w RB

Hand1

0

0.03

-2

-1.97

1.7

1.73

Hand2

-2

-2

-2

-2

4

4

Hand3

-4

-3.94

5.4

5.46

-2

-1.94

Hand4

0

0.0498

-4

-3.9502

3.5

3.5498

Hand5

-4

-3.955

4.55

4.595

-1

-0.955

TOTALS

-10

-9.8152

1.95

2.1348

6.2

6.3848


By comparing this chart with the one above, we’ll see that the rakeback winnings of player C have dwindled a bit, while his losses have gone up. In the same time, Player A experiences the exact opposite. The reason is not whether they are winners or losers, but rather whether they’re active or not. Player C has put a lot of money into pots throughout the 5 hands, while A has sat out 2. (folded without putting anything into the pot).

The numbers come to confirm what everyone knew already. Dealt rake calculation gives tight and passive players an advantage, while contributed rake method benefits those who are aggressive and loose.

RAKEBACK DEALS
Merge  
Poker Nordica VIP
PlayersOnly VIP
Carbon Poker VIP
Cake Network  
Redstar Poker 33%
PowerPoker 33%
Everleaf  
Minted Poker 40%
Action  
PayNoRake 100%~
Independent  
PokerStars 74%~
Terminal 30%
PKR 30%
Full Tilt Poker 27%
888Poker 36%~
Party Poker 50%~
WPT Poker 50%~
Yatahay  
True Poker 27%
Ongame  
Betfair VIP
Betsafe VIP 
Prima  
Diamondbet 50%~
Purple Lounge 50%~
Unibet 50%~
Boss Media  
Fortune Poker 30%
Poker Heaven 30%
PokerKings 30%
Interpoker 30%
CEREUS  
Absolute Poker 30%
UltimateBet 30%
Entraction  
NoIQ Poker ~40%
PointPoker 45%
MGN  
TrueMoneyGames 40%
Fat Bet Poker 40%
PROP DEALS
Prop site 1 85%
Prop site 3 80%
Prop site 4 100%
Prop site 5 90%
Prop site 6 90%
Prop site 7 135%
Prop site 8 85%
Prop site 9 70%
Prop site 10 95%