posted on December 09, 2009 07:33
Hey Guys ...
So I have no set day I will be doing these Blogs but as a situation arose this week on an important subject I thought id share with you.
Many poker players new and even old ones do not understand the difference between gross & net rake which is very important when looking for a rakeback deal.
Let me make this subject really simple to understand.
Assume for the example the player is on 40% rakeback.
Player A has a gross rakeback deal
Player B has a net rakeback deal
Gross Rakeback: No fees are deducted from rakeback
A player rakes $1,000 and is on 40% rakeback he is due = $400.
Net Rakeback: Rakeback calculated after network fees
A player rakes $1000 and is on 40% rakeback network fees are 20% = $200.
The player now gets 40% of $800 NOT 40% of $1,000.
This can make a huge difference to a players rakeback and some affiliates do use this to make a deal perceived to be worth more than it actually is.
I have strived to avoid any confusions on this subject & all players who sign for a rakeback deal via :
All have their stats clearly visible so they know exactly what they are due back & have the facility to cashout their rakeback on demand.
As always if anyone has any questions about anything they have read I will be happy to help answer questions :)
Bye for now Folks !
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