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Rakeback explained to beginners
In order to become successful in Texas Holdem in the shortest possible time,
beginners need to adopt a winning mentality. Unlike most people think, a
winning mentality doesn’t consist in telling yourself how good a player you
are and how your opponents are all a bunch of donkeys. A winner is on a
constant lookout for tiny edges he can put to use over and over. That’s how
winning Texas Holdem works. The edges are small and the variance is big, so
finding something that provides you an edge on every hand you play is
golden.
Rakeback is one such edge,
and it’s not even a small one. If you sign up for a rakeback deal like
the full tilt rakeback, you’ll get a set percentage of the rake you generate returned
to you.
Many beginners figure they won’t generate much rake anyway, since they’re
not likely to win a lot in the beginning. That idea stems form the
misconception that the poker rake is paid only by the winner. Nothing could
be farther from the truth though. The rake is not paid by the winner, it is
paid by all those players who put money into the pot. So as long as you pay
your blinds, or see a flop, you too generate rake and are thus entitled to
rakeback.
Depending on how your poker room calculates rake contribution, you may even
end up generating rake and thus rakeback by simply being dealt into hands
and then folding.
With all that in mind, it should be obvious to you that playing even a
single hand of poker without
rakeback
deal, is a mistake.
You’ll often hear marginally successful players moan about how they’d be
solid winners if it weren’t for the poker rake. A rakeback deal will temper
the negative effects of the rake.
There are cases in which a rake back deal may even completely eliminate your
rake related problems.
Special rake rebate deals called poker prop deals offer around 100% rakeback
for players. If you’re getting more than 100% rakeback, you’re essentially
getting paid to play.
These poker prop deals come with a series of restrictions though, which you
will not find attached to regular rakeback deals. Before you sign up for a
rakeback deal like this, please make sure that you understand the
restrictions and the rules you have to obey or you risk losing your rakeback
commission.
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