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Thursday
Oct092008

Contributed Rake Method

If any of you ever wondered why online poker rooms allow such numbers of players word wide for free there’s an answer, Rake!!! It is the method that online poker rooms use for to earn money. Rather than have you play poker against the House, which would by no means guarantee the House a profit, online poker rooms let players fight it out amongst each other. The House simply takes out a percentage of the pot, no matter what happens. The amount is usually five or 10 percent, never more than three or four dollars.

 As players you guys could in a way cheat the poker rooms by getting some of that money back with rakeback deals.

Since each player does not contribute the full amount of the rake, the site has to figure out a way to determine the player's contribution. One way to do that is through the contributed rake method. The contributed rake method, used by Absolute Poker rakeback and PKR for instance, bases your rake on how much you put into the pot. For example, let’s say you play a $60 pot and $3 of that is taken out in rake. The round is four-handed and you put $15 into that pot. Since you put in 25 percent of the pot, you receive 25 percent credit in the form of the rake, in this case, 75 cents.

Take note that this doesn’t depend on whether you win the pot or not . The rake money is never truly in the pot. Everyone who put in $15 was really putting $14.25 in the main pot and setting aside 75 cents for the House. So having said all that, if you are a loose player who likes to play a lot of pots, you’re paying a lot of rake and therefore can earn a lot of rake back by doing this. Hope everyone benefits from this information, I found it pretty interesting myself.

 

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