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Old 03-06-2007, 01:11 AM
lucky_mf lucky_mf is offline
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Join Date: Oct 2006
Location: pimpin TAGs, LAGs, and donks.
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Default Re: Pooh-bah post: A general guide for aspiring online poker players

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regarding rakeback and bonuses, do i get them from the same source? or how i do it?.. is rakeback better than signup bonuses? which i'm still eligible for on some major sites... thanks in advance. i really appreciate it.

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RB doesn't come from the cardroom - it comes from your affiliate. Affiliates are businesses that bring players to a poker site. In exchange for this they get a lifetime cut of the rake the player generates. Some affiliates (rakeback affiliates) will offer you some of this rake back. They usually get 35%+ of the rake you generate and offer most of it back for signing up with a site through them. Some other affiliates will have you sign up through them and will give you a small bankroll or a gift (poker tracker or a chips set), but will keep the full 35%+ they are getting from the site on your play. In general these are very bad deals. The discounted present value of your future stream of rakeback payments potentially huge and poker tracker cost $50.

Bonuses come from the sites and are independent of rakeback with one exception: Many sites will deduct bonus paid in determining your total rake. Example - you generate 1100 in rake and they pay you a 100 bonus. Your affiliate will get .35*(1100-100)=350 of which you will get 300 (with a 30% deal).

Rakeback is worth a lot of money if you play a lot. So much so that there are rakeback pros. These are people that are little better than breakeven players with the rake , but who make several thousand or more per month in rakeback.

Lucky
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