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The Concept Behind Rakeback Poker Games
If you want to really understand the meaning of word " Rakeback", you first need to understand what is a rake. You also need to know what a rake means in Poker. In simple terms, the money which is taken (by the casino) from each hand played at casino is known as rake. Usually it is a fixed percentage of money placed in each hand played. If you are wondering why does it happen this way, chances are you don't know Poker very well.
How does the Casino Make Money?
In the game of Poker, two persons play and exchange money with each other and the casino does not come into play anywhere. If the casino doesn't charge you a rake, it would not gain anything in return for hosting Rakeback Poker matches. The rake charged by casinos varies for different places in offline as well as online versions of Poker. For famous casinos in Las Vegas the rake may mean 10 percent of every hand played. Online casinos, on the other hand, charge only 5 percent and you need to keep in mind, these figures are not cast in stone. For you, it simply means you need ...
... to check with your casino about rake or Rakeback Poker charges before you actually start playing.
There is a Limit to Rakeback
There is, however, an upper limit over what casinos can charge as rake on Poker games. Casinos usually do not charge more than $3-$5 for a hand, which is reassuring for the players because some Online Rakeback Poker hands may go to high in value and 10 percent rake may mean a lot of money going out of their pockets for the players.
Rakeback can Vary
Just like rake, even rakeback can vary depending on the place or casino you are playing in. Usually, it falls within the range of 25 to 50 percent. This way players find it easier to minimize their loses and feel good even if they are going through a losing streak.
For More Details Please Contact at: http://www.rakeback.co.uk/
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