Our short explanation below answers the question on every poker players’ lips “What is Rakeback?”

What is Rake?

The rake at a Poker Heaven is a percentage of a pot taken by the site you pay for the privilege of playing on their network. In a cash game this is 5% of the total pot up to a maximum of $3 whilst in a tournament or SitnGo is the amount of the buy that does not go towards the total buy in.

For Example:

In a cash game where the total pot is $60 the rake is 5% of $60 = $3

In a tournament or SitnGo where the buy in is $10+$1 the rake is the additional $1

What is Rakeback?

Rakeback is the process of returning a portion of this rake straight back into your poker account. Instead of comps at a brick and mortar casino you receive cold hard cash to boost your bankroll. RakebackPoker.com is able to offer this third party loyalty scheme to our members because we direct traffic to Poker Heaven and keep players playing there.

How is it calculated at Poker Heaven?

Poker Heaven operates by the contributed rake method which means that a player will receive the same percentage of the rake that he or she contributed to the pot.

For example:

A $60 pot is played between 3 players and each have contributed $20

The total rake for this hand is $3

Each player has contributed 1/3^rd of the pot and so is eligible for rakeback on 1/3^rd of the rake = $1

A player with a rakeback deal from RakebackPoker.com therefore receives 30% of $1 = $0.30

Now that we have finally answered the question “What is Rakeback?” all you have to do is click here and follow the instructions to start receiving 30% of your contributed rake right back into your account.