Poker Rakeback is all the talk right now in the online poker world and if you don’t already have rakeback I’m sure you’ve been thinking about getting it. It took me awhile to finally decide to get rakeback awhile ago, but I’m glad that I have thus far. I generally only play sit and go tournaments online which mean it’s really easy to figure out how much I can expect to make in rakeback. I realized that I was leaving quite a bit of money on the table and thus signed up a new account with rakeback.
In order to calculate an estimate of how much you’re going to make in rakeback as a tournament player is really simple. The rake is the tournament fee that you pay so you simply need to multiply the fee by the percentage of rakeback you’re earning. For instance, if you’re going to receive 25% rakeback and you’re playing in a $10+$1 tournament you multiply $1.00 x .25 which would give you $.25 in rakeback. If you were to play only 10 sit and go tournaments a day on average you’d make $75 rakeback per month. If you play at the higher limits such as the $100+$9 stakes you’d make a lot more money in rakeback.
One of the best ways to increase your monthly full tilt poker rakeback as a sit and go player is to simply play more tournaments. The only way to do this is by multi-tabling tournaments instead of only playing one at a time. You always want to make sure you add one table at a time so that you don’t become overwhelmed. It shouldn’t take that long to become comfortable playing four tables at the same time and once you’ve done this you’ll have increased your rakeback a lot.
Since you want the tournaments to be fairly quick you should also try and play in turbo tournaments if you possibly can. Turbo tournaments run a lot faster then the regular tournaments due to the blinds increasing every five minutes compared to every fifteen minutes. I always play turbo tournaments because I find the regular tournaments take too long to play. You should also play in tournaments with only one to two tables and not tournaments with 90-180 players as they take long as well. The bigger tournaments also don’t payout well unless you come in the top 5% or so which is very hard to do consistently for anyone.
When you sign-up for your rakeback account there are going to be a few things you need to look for. One thing you need to ensure is that the poker room you play with pays players rakeback on tournament fees. Some poker room only pay rakeback on ring table games so it’s important to find this out before signing up. Another thing I like to find out before I sign-up is whether or not bonuses will be deducted from my rakeback. A lot of poker rooms have been deducting bonuses from rakeback accounts, but there are some where your bonuses don’t affect your rakeback.