Meaning of Rakeback
The definition of rakeback has to be understood in two parts. The first is ‘What is rake?’
Rake is a method of how online poker sites earn their income. When individuals play cash games the house gathers a percentage out of each hand. This percentage taken from each player is the income of the game house and this is known as rake.
When an affiliate gives a percentage of the amount collected to its players then it is known as rakeback. Thus rakeback is a means of income to the game house and money got back by players.
1 comment:
poker is one of the most popular online game nowadays. online poker hits a very wide market specially those people who loved to play it online. well, it is a gambling but i don't think that the government have enough power to stop it. Online poker do really generate a big income.
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