Rakebacks are important to casinos, and really don’t affect the player too much. They are only really prevalent in poker rooms since the casino doesn’t earn any money off of a hand like they do in blackjack where the house actually participates. When you pay a buy-in to a tournament, the casino takes a percentage of all of the buy-ins, which is called a rake. Since there are usually a large number of tournaments going on, they can earn a substantial amount of money without really taking away from the player’s winnings. Another way a casino can make money is by taking a certain dollar amount, instead of a percentage. The only drawback to this is the amount doesn’t change, so if the pot is small, it will get even smaller, and may not be worth playing because of that. Players tend to want to win the big pots, not a bunch of small ones. VIP and loyalty programs are a great way to earn back some of the money that has been lost in rakes, and don’t require anything more from you as a player other than clicking a few buttons. While you may not see the rewards immediately, they will absolutely show up over time and are well worth the few minutes it took to sign up.
What is Rakeback?
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