The question doing the rounds on so many forums is What is Rakeback? Many players still do not understand what they are missing out on. Hopefully, with this explanation everything will be clear:

What is Rake:

Poker sites take a percentage of the pot from every hand played just like in a bricks and mortar casino – this is the rake. Cake Poker operates a 5% rake system on its cash games. This money allows Cake to continue to provide the platform for players to play online. In Tournaments and Sit n Gos the rake is classified as the part of the entrance fee which is not included in the prize fund.

For Example:

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

In a $20 + $2 tournament the rake would be the additional $2

What is Rakeback?

Rakeback is the process of returning a proportion of the rake earned by the poker site back into your account. Our Cake rakeback deal from is calculated by the dealt method and is worth 33% of your rake.

What is the Dealt Method:

The dealt method of calculating rake is beneficial for players who play less than the average number of hands as the rake from a pot is split equally between the number of players that were initially dealt cards. Even if you were not involved in the hand you will still receive a proportion of the rake. Cake Poker operates a No Flop No Drop policy so only hands that reach the flop will have rake deducted from them.

For Example:

On a six max table with five players dealt cards the hand reaches the flop and the final pot is $60 with a rake at 5% the total rake would be $3. This is then split evenly between the five players so each player with a rakeback deal will receive 33% of $0.60 = $0.20. You would receive $0.20 even if you weren’t involved in the hand!

Hopefully you will never need to ask “What is Rakeback” ever again and will be signing up through RakebackPoker.com before explaining to your friends and referring them to earn even more money through rakeback. For more information on how to sign up please click here.