The rake is the tax that every poker room shaves off from every pot. It's the poker room's fee for providing tables, dealers, cards, chips and a competitive gaming arena with poker tournaments and games like Texas Holdem. Poker rooms have to charge a per-pot fee, because the house is not involved in any actual hands. Poker players compete against each other, so the house's profits have to be secured by taking a percentage of every pot. In Vegas card rooms, the rake can be as high as 10 percent. In online poker rooms, the rake won't be higher than five percent, and this percentage fee will not exceed a few dollars. If you sign up for a rakeback deal, you can get a return on your amount of rake that you generate each month. Different poker rooms have different ways of calculating your net rake. One common calculation method is the dealt method.
Rakeback and MGR
Affiliate sites offer rakeback programs. You must sign up or a new poker room account through an affiliate site in order to receive rakeback from that same poker room. They offer the rakeback deals as percentages. The average rakeback deal is around 30-35 percent. What does this percent mean? Well, the amount of rake money that you generate each month is your monthly gross revenue or MGR. To calculate your monthly rakeback payment, you have to multiply your MGR by your rakeback percentage. Before you can do that, you have to understand how your MGR is calculated.
The Dealt Rakeback Method
Many poker rooms will use the dealt rakeback method to calculate you MGR. Remember, MGR is another term for your net rake. If you want to know what your net rake will be, you need to understand how your poker room credits players with rake. The dealt method will give you credit for rake in every hand that you are dealt in. If nine players are at a table and the rake is $1.00, every player will be credited with generating $0.10 in rake. This $0.10 figure will then be added to each person's MGR. The more rake you generate, the more rakeback you will receive.
It's important that you understand how your poker room calculates your MGR. Once you can figure out your MGR, calculating your rakeback is actually quite simple. Just take your MGR and multiply it by your rakeback percentage to figure out what your monthly rakeback payments will be.
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