If you want
to throw a party, poker rakeback
programs may help you raise some cash. However on sites like Full
Tilt Poker, rake back memberships may cost you your winnings.
A rakeback deal means you get part
of your rake back from an online poker room. Rakeback deals are administered by third
party affiliates. Not all poker rooms allow their affiliates to offer this
incentive. Some do it anyway. If you sign up with one of these you run the risk
of losing your account and any winnings you may have accumulated.
The best
way to tell if getting rakeback is okay at an online casino is to read the
terms and policies before you sign up. Most online poker sites will not allow
you to sign up with a rakeback affiliate if you are already registered. A few
will let you create a new account, check first!
Rakeback is
used only in online casinos because of the difficulty in tracking members’
earnings. Casinos in the real world offer comps and other bonuses. These are
actually rewards for being a loyal customer as well as spending a lot of money.
Two of the most popular types of rakeback
programs offered are the flat rakeback where you get the same rakeback
percentages regardless of how much you have paid, and the progressive rakeback
where your percentage depends upon how much you have paid.
On some
online sites like Party Poker, rake back is not an option. Instead they offer
bonuses and other incentives. If there is a link to Party Poker, rake back is
not available and the affiliate offering it is being dishonest. Do not
jeopardize your hard earned cash by signing up with this affiliate. Odds are
there are a hundred other fish in the sea that won’t get you thrown out.