Betfair Poker Rakeback

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Betfair Poker Rakeback - Get Your Rake Back With Betfair Points

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There are always additional fees associated with online poker sites. Betfair Poker charges a tournament fee along with the actual buy-in every time that you join a tournament. Similarly, Betfair Poker takes a rake from every poker table at every game. These fees can be frustrating because they are automatically deducted from your Betfair Poker banking account. There are, however, ways to earn some of your money back and there are advantages to receiving your rakeback from Betfair Poker.

What is Rake?

As is the case with all online poker sites, Betfair Poker collects a rake every time that you place a bet in one of their games. This is one of the main ways that Betfair Poker makes money due to the fact that all other betted money is divided amongst the poker playing winners. Betfair Poker also charges a $10 flat rate fee for all tournaments but the $10 fee does not count as part of the rake.

Betfair Poker's normal rake is 5% of the table's bet, with a maximum of a $3 rake for No Limit games and maximum $1 for Limit and Pot Limit games.

Still, this can add up to a significant amount of money, depending on how often you play and how many players are at your table. (The more seats that are occupied, the less percentage of rake will come from your account.)

If you entered one of Betfair Poker's Choose Your Own Bonus codes, your rake will be deducted from that bonus before Betfair Poker will take it from your cash account.

How Can You Get Your Rake Back at Betfair Poker?

There are, of course, ways for you to earn some of the rake you paid back when you play at Betfair Poker.

The only way that Betfair Poker pays its members their rakeback is through giving Betfair Points. Betfair Points are not a monetary value at the site, but they can be used to qualify you in the World Series of Poker tournament in Las Vegas, Nevada. Betfair Points are most often used at the Betfair Sports Exchange - Betfair.com's sports gambling site - to reduce the price of commission. Every time that your team wins at Betfair Sports Exchange, Betfair.com takes a 5% commission on your earnings. The more Betfair Points you accumulate, the bigger discount you will get on this commission. This means that you will be able to keep more of your money.

Betfair Poker will give you Betfair Points instead of actual cash every time that the company takes a rake. For every 10 cents that Betfair takes from you in the form of a rake, you will receive one (1) Betfair Point. For example, if you joined a $10 single table tournament, you would receive 10 Betfair Points as your rakeback.

Bet365 does not technically offer a rakeback promotion. As long as you are interested in receiving Betfair Points either to qualify for the WSOP championship in Las Vegas or to decrease your commission rate on the Betfair Sports Exchange website, you will be greatly rewarded with your rakeback from Betfair Poker.

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