What is Rake or Rakeback in Poker

What is rake?

Rake is the money taken out of the pot by the house. Depending on the limit it can be from $.05-$3.00.

What is rakeback or rake back?

Rakeback is a percent of the rake paid back to you for playing at a poker site. Serious players earn thousands of dollars a month just in rakeback. When you sign-up for a rakeback deal via RRR your rakeback money is usually paid automatically by the poker room directly to your poker account. However, sometimes your rakeback money will be paid to your Neteller account.

What is a rakeback affiliate?

A rakeback affiliate such as RRR is a site that helps promote online poker rooms. In return we are paid a percent of the rake collected from poker players that sign up via us. Each month we pass on the vast majority of our cut from poker rooms to our players.

I am already signed up at a room, can I get rake back there?

No. You can, however, on some networks switch skins and play on the same network.

What is a skin?

A skin is a group of poker rooms that share are on the same poker network. For example Cryptologic skins would include InterPoker and Sun Poker and a handful other rooms. Players at all of these rooms play in the same games. Most networks will allow you to sign up under all skins regardless of the number of rooms on the network you are already signed up for.

How does the poker room come up with my rake amount?

The rooms use a formula called Monthly Gross Revenue (MGR) a ka net rake. This is the amount from which your rakeback is calculated, i.e. if your rakeback percentage is 30 and your MGR is $1,000 you would get $300 in rakeback.

To calculate your MGR some rooms subtract any bonuses earned during the month, while others don’t. The same goes for whether or not tournament fees are included in MGR. Rooms also have different methods for calculating your share of the actual rake. Some poker rooms use what is called contributed rake where you must participate in the pot to have rake credited. Others use the dealt method where you are credited with rake in every hand where you’re dealt cards.Read more about how a certain poker room calculates rake by visiting its page here on RRR.

Will I get a sign-up bonus when I sign up for a rakeback deal?

In most cases yes. Read more about a certain poker room’s sign-up bonus by visiting its page here on RRR. Please note that in some cases this bonus will be subtracted from your net rake.

Can my spouse, parent, brother, sister, roommate or anyone else that shares my computer have an account at the same poker room as me?

Usually, but they will need to get their own funding source for their account. You usually can not share Neteller or Firepay accounts with them. You may however transfer them money at most poker rooms. Signing up underage people, pets, appliances, lawn gnomes or some other figment of your imagination just to get a rakeback deal is fraud. You risk the poker room asking for ID and then having your account frozen and funds confiscated. It will also be hard to fund this account as it is not possible to get Neteller accounts for these fantasies.

I am looking for rake back at Party Poker or Poker Stars, why can’t I find one?

These two rooms do not currently support rakeback. Other poker rooms that do not offer rakeback include Pacific Poker and Paradise Poker. Should any of this change we will quick to provide you with rakeback deals from these poker rooms.

Top 10 Poker Tips to Make You a Better Player

Want to become a better player, fast? Follow these 10 tips to boost your poker performance & profits. While geared to beginner players, there’s poker tips that even seasoned pros should remind themselves of once in a while.

1. Don’t Play Every Hand / Do Fold More
Probably the number one mistake beginning poker players make is that they play far too many hands. When you’re just starting out playing poker, you want to play poker, and that means staying in hands that aren’t very good just to be part of the action. But playing more doesn’t mean winning more, it usually means losing more. If you find you’re staying in half or more the hands you’re dealt, you need to upgrade your starting hand requirements.

2. Don’t Play Drunk
Countless nights have I sat across a table from someone & watched them get plastered silly and throw away their entire stack of chips. I’ve been that person too - and there are nights where you’re just playing with friends for low stakes and it’s more about the fun than the poker - but if you’re in a casino, watch the alcohol. The truth is, while you may be more relaxed after 2 drinks, it may lead to you playing looser and less sharply, even if one’s not ‘drunk.’

3. Don’t Bluff Just For Bluffing’s Sake
A lot of beginner’s understand that bluffing is a part of poker, but not exactly how. There’s is NO rule that one must bluff a certain amount or at all during a poker game, but many players don’t feel like they’ve won unless they’ve tried a poker bluff. Bluffs only work in certain situations & against certain people, and if you know a player always calls to the showdown, it is literally impossible to bluff that player. It’s better never to bluff than to bluff “just to bluff.”

4. Don’t Stay in a Hand Just Because You’re Already In It
Another common mistake beginners make is to think that “Well, I’ve already put that much in the pot, I have to stay in now.” Nope. You can’t win a pot just by throwing money at it. There may be cases when pot odds warrant a call, but if you’re sure you’re beaten, and there’s no way your hand can improve to be the best hand, you should fold right away. The money you’ve already put in the pot isn’t yours anymore, and you can’t get it back just by playing a hand all the way to the end.

5. Don’t Call at the End of a Hand to “Keep Someone Honest”
This one follows the last tip. I see a lot of players look at another player’s final bet, look at the hand, & say “I know you’ve got me, but I have to keep you honest,” as they throw in a final call. It may be worth it to see if a player really has the hand if you’re not sure & you’re gaining information that will help you later on, but if you really feel a player has the hand he’s representing & you’re beat, why give him another pile of your money? Those bets will add up over an evening.

6. Don’t Play When Mad, Sad, or in a Generally Bad Mood
When you play poker, you shouldn’t do it to escape from being depressed or having a really bad day. You start out on tilt — playing emotionally, not rationally — and you won’t play your best. Likewise, if during a poker game, you lose a big hand or get sucked out on and feel yourself going on tilt, stand up & take a break until you feel calm later on. Fellow players will sense your mood & take advantage of it.

7. Do Pay Attention to the Cards on the Table
When you first start playing, it’s enough just to remember how to play and pay attention to your own hand. But once you’ve got that down, it’s incredibly important to look at what’s going on at the table. In Texas Hold’em, figure out what the best possible hand would be to fit the flop. Make sure you notice flush & straight possibilities. In 7-card stud, pay attention to what’s showing & what people have folded when you consider calling opponents.

8. Do Pay Attention to the Other Players
As you play, one of the single best things you can do is observe your opponents, even when you’re not in a hand. If you know if one player always raises in a certain position, & another has a poker tell when he bluffs, & a 3rd folds to every re-raise, you can use that information to help you decide how to play against them. Once you know that player 3 always folds to a re-raise on a river, that’s when you can bluff & steal a pot.

9. Don’t Play at too High Limits
There are many reasons people move up to a higher limit game than they usually play. Good reasons like they’ve been winning consistently at a lower lever & are ready to move up, & bad reasons like the line is shorter for higher limits or you want to impress someone. Don’t play at stakes that make you think about the actual money in terms of day-to-day life or with money you can’t lose. Even if you had one super-good night at $2/4, resist the urge to play $5/10. The next tip explains more why.

10. Do Pick the Right Game for Your Skill Level & Bankroll
One of the reasons you shouldn’t jump into a $5/10 game after winning a huge bunch of money at $2/4 is because as the stakes rise, so does the average skill level of the players sitting there. You want to be one of the best at the table, not the fish who sits down with sharks. If you’re making stacks of money at a lower level game, why move? You’re winning stacks of money. The swings up & down at higher limits are much bigger, and one big night’s win won’t last long at a high-stakes game.

Texas Holdem - Analyzing the Flop

Most of your important decisions in Texas Holdem poker take place on the flop. That’s why the ability to analyze the flop is essential for your long term results in Texas holdem poker.

You will not get anywhere in Texas holdem if you aren’t able to read the flop properly. Reading the flop means knowing what hands it makes possible, knowing what your own possibilities are as well as your opponents’. You must also understand how the texture of the flop influences the game, that is, how threatening the flop is - to you as well to your opponents.

There are a number of patterns you need to be looking for on each and every flop. They may show up alone or in combinations. Each of those patterns, or structures, gives rise to a certain type of post flop play, all of which you must learn to master.

Let’s walk through those patterns one at a time.

Possible straights

If there are three cards with two gaps or less between them, someone may have a ready-made straight. For example, if the flop comes 9-8-5, T-9-8, or 3-2-A.

Of course, the chance that someone actually has a made straight depends on what precise cards arte required. Q-J-T makes a lot more straights than 7-5-3, since it’s much more likely that someone who has stayed in to see a flop has A-K, K-9 or 9-8 than 6-4 in the hand. Hands like 6-4 are very often thrown away preflop.

This kind of board is pretty infrequent though, and if it’s you who have the straight, you typically won’t get a lot of action from the opponents, since the straight is so obvious and the pot is usually relatively small at this stage.

Possible flush

If all three cards are of the same suit, someone might have a made flush. Just like with the straights above, this doesn’t happen often, and if you have a flush here you often won’t get paid a lot, unless an opponent has another flush that is lower than yours. Which is really rare.

When you flop a made straight of flush, you may be tempted to slow play it in order to entice a bet from another player rather than scaring everyone off. That might be okay, but don’t overdo it. Your hand is never the absolute nuts, there are always cards that may come on the board that will look really bad for your hand.

For example, if the board pairs, your flush may not be good anymore, or if you have a straight and the board flushes.

Pairs on board

With a pair on the board, a lot of dangerous hands become possible: quads and full houses as well as trips and two pair. Once the board is paired, the value of straights and flushes go down, the value of straight draws and flush draws too.

If you get a lot of action on a paired board, you must be able to lay down for example a flush. At the same time, a paired board is a good bluff opportunity, both for you and your opponent. So don’t fold your flush automatically. Think it through!

Also remember that when a pair is on the board, hands like three of a kind and two pair are much weaker than if the board is un-paired. You may be up against one of those super strong hands just mentioned, or else someone may simply have the same trips with a better kicker.

Straight draws

If two board cards are within two gaps or closer, someone may have flopped a straight draw. This means that if you have a made hand, like two pair or trips, you’ll need to protect your hand. Meaning, you have to bet properly to put any drawing hands to the test.

This doesn’t mean that you should bet twice the pot or even move all in, that may be a bit over-protective. Just make a well sized bet so you don’t give away free cards to the drawing hands. Then, if a card arrives that could have filled someone’s straight, then you need to decide if it’s actually the case or not. It’s not easy to separate made hands from bluffs - but that’s poker.

Flush draws

Flush draws are possible as soon as there are two cards of the same suit at the board. Just as with straight draws, a made hand needs protection through a decent bet.

If you flopped a flush draw yourself, you should be aware that there are usually nine cards in the deck that will make it for you, which means you have odds 4-1 on the next street and 2-1 if you get to see two more cards.

Also realize that if you make a flush on a later street, you’ll often not get paid very much since the flush is pretty obvious. People notice when there are three hearts on the board, and they typically won’t give you much action. Unless they happen to have a strong hand, like a lower flush.

Straights are often much harder to see. Imagine a flop of A-8-4. You bet out with A-K and get one caller. The turn comes a 6. The pot is getting bigger, and you want it. You bet and the opponent re-raises. Would you really put him on 7-5? It’s pretty hard to believe. Also, players often may not even notice that a straight has become possible.

If a player draws to a straight and a flush simultaneously, there may be as much as 15 cards that fill at least one of those hands.

Of course, both potential straights and potential flushes give players opportunities to bluff. If you consider drawing to a flush, check if a straight draw is also possible, in which case you have a second way out if you don’t make your flush: representing the straight.

High cards or low cards

If the pot comes with one, two or three high cards, chances are that someone has made a connection to his or her hand. At the flop, high cards are much more likely than low cards in players’ hands, since people tend to fold hands with low cards preflop.

This kind of flop leads to a lot of action, and you have to be well aware of your chances as well as the dangers involved. Fasten your seat belt!

High cards also present you with some bluff potential, since they look scary to the other guy. Of course, this is a sword that cuts both ways.

On the other hand, if the flop holds low cards only, it’s very possible that it missed all players. If you raised preflop with a high pair, you’re probably still good after a low flop, even if it actually missed you as well. You can play your overpair strongly here.

On the other hand, the fact that it’s hard to lay down premium starting hands against low boards has given rise to a whole new strategy concept - set mining. This consists of taking flops with low pairs and hoping to hit a set. Then the idea is that your opponent who’s playing a strong starting hand will pay you off big time even though he missed the flop, since he can’t get away from his premium hand and the low board looks innocuous.

For set mining to show long time profitability, a few requirements must be in place. The opponent must have a strong hand. For example, a raise in early position from a tight opponent is a good signal of strength. Also, both you and the opponent must have big stacks, so you can win really big when you hit your set - to compensate for all the times when you miss (7 out of 8 times).

Combining the board and your hand

As a last step in the Texas holdem flop analysis, you should compare the board to your own hand. This can led you to some pretty strong conclusions.

For example, if the flop comes Q-J-6 and you have a pair of tens, the risk for straight draws is much decreased, since you hold half the tens need to form a straight. You have straight blockers.

Or if a player raises preflop, you have an ace in your hand and the flop comes A-A-5, it’s suddenly quite unlikely that the opponent has an ace - there’s only one ace left unseen.

Once you have learned to read the board, this kind of combined analysis is the next step  to perfection in texas holdem.

Party Gaming Settles with the US for $105 Million Dollars

Poker website pokeronlinehelp.com is for sale for $9500 US.  In order to avoid prosecution in the United States PartyGaming has made $105 million agreement with the US Attorney’s Office. The company is supposed to pay the settlement over a three year period.

Before the UIGEA was in affect in the United States PartyGaming’s subsidiary Party Poker offered online poker to American players, but after the law was passed the company chose to leave the US market.

PartyGaming has accepted a Statement of Facts that the company offered online gambling services on the US market between 1997 and 2006 and that some transactions conducted by third parties for the company were against the current laws in the US.

By settling for $105 PartyGaming avoids prosecution in the US and can proceed with future endeavors and investments. PartyGaming has also agreed to stay out of the US market under current legislation.

After the news of the settlement became official the PartyGaming stock increased by 15 %.

Bodog Got Their Main Domain Back Bodog.com

Bodog.com has been down in more than one and a half year because of a prolonged court process. But as of yesterday it’s linking to the Bodoglife.com domain.

It was in 2007 that the gaming company Bodog lost control over its main domain. Bodog was sued by 1st Technology for stealing a patent. This matter has now been settled in court by Bodog’s current owner Morris Mohawk Gaming Group costing the company $48 million.

The prolonged court process has hurt Bodog badly. After loosing the main domain name Bodog went from one of the 10 ten largest poker rooms in the world to number 15. But now the main domain is once again pointing toward BodogLife. The question is, does Bodog has what it takes to rise once again?

EPT Poker Grand Finals Begin in Monte Carlo

The EPT Grand Final is about to begin in Monte Carlo. Poker pros from all over the world gather in the tiny Mediterranean kingdom to battle it out - while enjoying life big time.

Poker has been called “a hard way to make an easy living”, and anyone who’s tried it knows that there’s some truth to this. At times, though, life in the fast lane of professional poker is just really easy.
Life is easy as hell

David Williams arrived in the Nice airport and took a helicopter to Monaco and his room at five star hotel “Le Meridien” - despite being afraid of heights.

Evelyn Ng lost a chocolate croissant to a huge seagull that flew in through the window and snatched it from her room at the Monte Carlo Bay - also five stars.

Now the Mediterranean sun has come out behind light morning clouds. Some players hit the pool while others sit down to play tournament poker. Day 1A of the EPT Grand Final is about to start.
Role model for Las Vegas

For centuries, this classic place has been providing ultra-easy life for people in the very fastest lanes of life. Luxurious hotels, fine dining, wonderful beaches and of course, ultra high stakes gambling of all kinds - Monaco truly is the elegant older brother of Las Vegas.

Usually there’s not much poker to be found in the Monegasque casinos, but when the professional poker circuit hits town, this detail is taken care of.

The buy-in to the EPT Grand Final is €10,000 (around $14,000). Besides that, the side action will go wild, and the town will get to see some ultra high stakes cash games in luxury suites of various five star hotels.
Ultra high stakes action

Expect to see sit-and-gos with buy-ins at $10,000 and China poker at $1,000 per point. That’s standard. Also, rumor has it a guy called Cheescake is setting up a game of high stakes HORSE. We’ll tell you more when we catch any news.

It’s in the small and de facto-French town of Monte Carlo that Season 5 of the European Poker Tour will end in a big bang grand final in the days to come. It’s about to start right now. The roof just opened to allow sunlight and fresh air into the fancy parlor. What a show!

The last days of competition will be sent live over the internet on Poker Stars TV. That’s poker television at its very best.