Paradise Poker Rakeback

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Paradise Poker Rakeback - How To Earn Back Your Raked Cash

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Rakeback is the biggest buzz in online poker, offering players a deal to earn some of their paid rake back in cash. Some websites offer direct rakeback options for players at their poker room while others work with outside third party rakeback companies as affiliates to calculate rake deals for players. Directly at Paradise Poker, only players who achieve the status of Premium Club members earn 30% rakeback from Paradise Poker as part of their loyalty rewards. For the rest of the Paradise players, getting rake back is a matter of using other options.

Rakeback Equivalent Through VIP Rewards

Most online poker rooms offer the equivalent of rakeback when players participate in their VIP programs. At Paradise Poker, players collecting more than 1000 FPPs per month enjoy a cash bonus option or store discounts on merchandise. At the lowest level, the cash back bonus is €30 up to the highest Players Club level of €250. Depending on a player's investment, these can provide a cash bonus that is akin to a decent rakeback percentage on raked hands.

At 4000 FPPs and up each month, players who are part of the Premium Club do get a 30% rakeback as their cash bonus rather than a specific monetary amount. This is the only rakeback offered from Paradise Poker directly to its players.

Outside Rakeback Options

As an alternative, several companies work as affiliates with Paradise Poker offering 30% rakeback deals to Paradise Players who sign up using their links. In essence the sites offer comparable deals for cash rakeback at the same 30%. Depending on their own promotions, there may be player rakeback races, additional bonus promotions or requirements. Typically, sign up is free. The key is that for players with existing Paradise Poker accounts, having to resign a new account may not be the most financially viable. Better advice for players is to choose a rakeback site that they are comfortable with and set up their original Paradise Poker account through that affiliate site from the get go. Otherwise, collecting FPPs and earning Player Club Premium status holds plenty of rewards in addition to rakeback.

Network Requirements

Paradise Poker is part of the Boss network online, a large poker players network in the online gaming industry. According to the terms of the Boss network, there are several requirements for players to receive rakeback, whether through Paradise Poker directly or an affiliate rakeback site. These are:

• Players must earn at least $30 in monthly rake
• Rakeback will be paid to players at the first of the month for the previous month's raked play
• Rake per person is calculated as the total rake from the hand divided by the number of players in that hand who paid into the pot
• Bonuses do not affect rake or rakeback calculations. Likewise, rakeback does not affect Paradise Poker bonuses
• Paradise Poker follows a no flop, no drop policy, meaning that if there is no flop in the hand, no rake is collected
• Paradise Poker fits the industry average with a 5% rake up to a maximum of $3 per game

Earning rakeback from Paradise Poker is a matter of either becoming a high VIP Player Club Premium member or utilizing outside rakeback websites to earn back cash from real money raked hands. Paradise Poker does offer its Premium VIPs a full 30% rakeback, one of the highest industry rates. The affiliates also offer the same 30% as long as players earn at least $30 monthly in rake. Setting up rakeback accounts is simple but requires some planning in advance so that every real money hand a player participates in can be effectively calculated for rakeback bonuses.

 ⇒ Click here to visit ParadisePoker.com