Some General Rakeback Questions

5starpool

I presume this type of topic is allowed. Apologies mods if not.

I have a couple of general questions about rakeback, and answers are appreciated.

1. Is it always the case that you can only get rakeback on a new account on those sites that do offer rakeback. If not, what sites let you get rakeback on existing accounts?
2. Is there always a qualifying raked amount of hands to be played per month in order to qualify for your rakeback payment? My belief that this is the case is what has stopped me from bothering so far as I don't play online enough to warrant this. Also, I am quite lazy.
3. Is any rakeback payable paid striaght into your account balance on the site?

Thanks for any responses. Also, please no replies of the sort of 'I can get you a great deal on this site'. I have a fair idea from sigs etc who to go to if I need more information of this sort.

Lafortezza

Questions 1-3 all depend on the poker site involved, I think (could be wrong) that you might be able to get RB on existing accounts for FT and Absolute, everywhere else needs a new signup.
Sometimes if you have an account on a certain site without rakeback then you're screwed since you can't signup a new account form the same IP, or something.

2)I don't think there's a minimum amount of hands to be played for most of the common rakeback deals, although if you play STT's and MTT's you might not get the same % RB compared to cash games, when you pay your reg fees.

3) Paid straight to your account on most sites. Sometimes the affiliate will make transfers from his account on the poker site to yours.
You should have PT running to see how much rake you are paying just incase you think the amount of RB you're receiving is wrong.
Some affiliates pay the RB to your Neteller account.

Any spam on this thread and there'll be locks and bans!

Imposter

1. Is it always the case that you can only get rakeback on a new account on those sites that do offer rakeback. If not, what sites let you get rakeback on existing accounts?
Generally you cannot switch an account over to get rakeback. One site that I know of go through phases of allowing it. At the moment they don't allow it. As well as that if you initially set up through an affiliate you may have problems changing over.

2. Is there always a qualifying raked amount of hands to be played per month in order to qualify for your rakeback payment? My belief that this is the case is what has stopped me from bothering so far as I don't play online enough to warrant this. Also, I am quite lazy.
Some do, some don't. If you go through a skin there will often be a minimum amount. If you go through an affiliate they will usually not have any such restriction. They may have withdrawal fees and/or minimum withdrawal amounts though. In general these two cases will be for different sites/skins.

3. Is any rakeback payable paid striaght into your account balance on the site?
Some affiliates allow you to get it paid out direct to your account.
Some skins/sites put the money direct into your account, usually monthly.

peeko

If you have signed up through an affiliate and wish to get rakeback on an existing account they will not allow it. This is the case on Full Tilt anyway.

ianmc38

Play on World Poker Exchange. 100% rakeback every month paid directly into your account, no strings attached. Softish cash games though not a huge amount of traffic.

phantom_lord

ianmc38 wrote:

....though not a huge amount of traffic.

What's the reason for that?

Imposter

phantom_lord wrote:

What's the reason for that?

Apart from the fish that come through their sportsbook they don't get many other fish. Most of their players are then aware of rakeback and bonuses and stuff which tend to be the players that multitable and generally play better.

ianmc38

At higher limits, it's nit central. 0.25/50 - 1/2 are all very beatable.

5starpool

Cheers all. I must look into this some more then as PokerTracker scares me everytime I look at the rake figure.

delanec8

lafortezza wrote:

2)I don't think there's a minimum amount of hands to be played for most of the common rakeback deals, although if you play STT's and MTT's you might not get the same % RB compared to cash games, when you pay your reg fees.

Anybody know any more about this?

Mr. Flibble

ianmc38 wrote:

Play on World Poker Exchange. 100% rakeback every month paid directly into your account, no strings attached. Softish cash games though not a huge amount of traffic.

Have you played much 50/1 here? Can you relate it to Tribeca? I'll probably move there soon once signup bonuses run out.

I'd say the hardest 50/1 games on the net are beatable - how easily is the question!

Ste05

Nice one, finally a general thread about RB.

5starpool wrote:

1. Is it always the case that you can only get rakeback on a new account on those sites that do offer rakeback. If not, what sites let you get rakeback on existing accounts?

Before I answer this, I think I'll just give a quick little breakdown [EDIT: OK, it's not that quick or little :rolleyes:] of how RB works and what it's all about.

There are various ways poker sites try and attract new players and to increase customer loyalty to their site. RB is basically just one form of this. How it usually works, is that the sites facilitate this by setting up affiliate scheme's, and by so doing they get other people to do a lot of the work for them.

I’ll just describe how affiliates are paid as an introduction to the whole RB side of things. They pay their affiliates in basically 2 ways. (1) On a per sign-up basis, similar to "refer-a-friend" bonuses, basically they get a set fee per new player they are sent, I think we can all easily think of a few of these guys, and they are usually after new players who want say a copy of PokerTracker or a set of chips for signing up at a Poker site, the affiliate is usually paid a fee per player and they pass a large % of this on to their new player by various bonus offers.
(2) They are paid a % of the rake that their new player generates. Obviously to attract new players, the affiliates then offer a large % of this back to the new player. Hence where RB comes from. Many sites officially allow RB and generally, to stop a price war, where everyone suffers (especially the poker sites bottom line) they set a maximum RB rate that can be offered, e.g. FT have set the max. at 27%. UB recently increased theirs to 35%.

Some sites just officially don’t allow RB, some have affiliate schemes or payment methods to allow RB, hence, when people say that RB isn't allowed on Stars it's true, because not only is it not allowed, it's actually impossible as they don't offer affiliates a MGR option for payment, so affiliates have nothing to pay you with.

OK, so now that that is out of the way, I'll explain why accounts can't be moved:
(1) If you have an existing account and signed up under any affiliate, even if by accident you clicked a link on some website then your tracked to them and can't be moved, as they are credited with attracting you to the site. The affiliates are happy with this rule too, because that way there isn't poaching going on, so once your account is linked to ANYONE, then you can't move it.
(2) If you signed up to an account by typing in the URL manually and deleting all your cookies and history, then your probably not linked to anyone, but here's where the next roadblock comes into play. The Poker site already has you as a customer and so doesn't view your account as a new one and hence doesn't need to attract your custom, therefore they don't allow you to move accounts. Obviously some occasionally allow accounts to be moved if you’re not linked to anyone, but it’s generally never allowed. It's also against most sites T&C's to have more than one account, so basically your Fcuked.

This is all why it's SOOOO important that people know that their sign-up at ANY poker site is valuable and they should use it wisely. You can get free money just for opening an account and playing on a site.

Some sites like FT occasionally open the door for type 2 accounts to be
moved under an affiliates "umbrella", e.g. FT recently did this after Party turned away all the US players, but they were inundated with moving requests and closed the offer down. Absolute was similar.

5starpool wrote:

2. Is there always a qualifying raked amount of hands to be played per month in order to qualify for your rakeback payment? My belief that this is the case is what has stopped me from bothering so far as I don't play online enough to warrant this. Also, I am quite lazy.

Most big affiliates on the major sites don't have minimum monthly amounts to be earned, they just have minimum amounts that can be cashed out, (say $25-$30) but that can be earned over a few months, as they can link up your RB accounts on various sites into one separate RB web account that they pay you through, via various methods such as Neteller, poker room transfers, etc. However AFAIK some sites do have a minimum amount to be earned, but I’m not sure which ones they are.

5starpool wrote:

3. Is any rakeback payable paid striaght into your account balance on the site?

Some sites pay directly into your account, e.g. Betfair pay directly into your account, the majority though, pay the affiliate directly and they then pay you, as said above this is usually tracked in a seperate RB account on the affiliates website that they set up for you and handle your RB account from there.

I haven't re-read that so apologies in advance to the new Spelling and Grammar mod.

Ste05

delanec8 wrote:

lafortezza wrote:

2)although if you play STT's and MTT's you might not get the same % RB compared to cash games, when you pay your reg fees.

Anybody know any more about this?

Reg fees are basically just a part of your Generated Rake, although most sites deal with it differently, some count it towards your MGR (e.g. Betfair, who are actually giving an extra % of tournament fees back on top of your usual RB, but who'd play there now!!) and others don't allow it (e.g. UltimateBet).

5starpool

Very helpful and informative Ste.

Basically then it is not possible (without hoop jumping) to get RB added to an existing FT account (not signed through an affiliate)?

Ste05

5starpool wrote:

Basically then it is not possible (without hoop jumping) to get RB added to an existing FT account (not signed through an affiliate)?

Not at the minute, but this is the second time FT have opened their doors to transfers of non linked accounts, so I can't see any reason why they won't do it again.

bohsman

5starpool wrote:

Very helpful and informative Ste.

Basically then it is not possible (without hoop jumping) to get RB added to an existing FT account (not signed through an affiliate)?

Not at the moment, they have allowed it twice in the last year but cant see it happening again for a while, would suggest setting up a new account using a different payment method.

ianmc38

Mr. Flibble wrote:

Have you played much 50/1 here? Can you relate it to Tribeca? I'll probably move there soon once signup bonuses run out.

I'd say the hardest 50/1 games on the net are beatable - how easily is the question!

0.50/1 and 0.25/0.50 are the best levels there. Mixture of good and bad. About 5-10 full ring tables going at any given time. Much tougher than Tribeca, but so is every site. I'm finding 1/2 NLHE on Stars extremely tough when that's a game I crushed on Tribeca.

Yamaha ftw...