How To Calculate Rakeback
In this article, we're going to teach
you how to calculate Rakeback. Online poker rakeback is a great way
to increase your poker profits. In order to fully understand just how
lucrative your Rakeback deal is, you can calculate your potential rakeback.
There are various types of online poker
Rakeback deals, each calculated in a similar way, but determined by
different factors in a poker hand. We'll be going over how to calculate
Rakeback for the different methods poker rooms use to measure your rake:
Shared Rakeback
Dealt Rakeback
Contributed Rakeback
Tournament Rakeback
How to Calculate Rakeback: First Things First
Before we get into the exact formulas
for calculating Rakeback, let's lay out a few ground rules. We will
be using a $60 pot, which is raked at $3, and assume you have a rakeback deal of 30%.
A poker pot that reaches at least $60 will always
be raked at exactly $3, even if the pot increases to $1,000 before the hand is over.
At almost every online poker room, the standard rake is 5% capped at $3. Note that there are some online poker
rooms that cap the rake at $5, but it's rare, so we're dismissing that
fact in our "How to Calculate Rakeback" tutorial.
How To Calculate Shared Rakeback
A Shared Rakeback deal pays a Rakeback
percentage according to the total rake, divided by the number of contributing
players. A contributing player is any player who put at least one chip
into the pot. Small Blind and Big Blind bettors are always contributors
to the pot.
The amount of rake individually contributed does not matter.
The amount raked divided by the number of players contributing will determine
your shared Rakeback.
Let's say you're playing at a 9-seater table, but only 4 players contribute to the pot, raked at $3. The formula is:
Rake / Players = Average Rake
$3 / 4 = $0.75
The next step is to find your Rakeback
percentage (remember, we're using the 30% Rakeback) from this
average rake. The formula is:
Average Rake * Rakeback Percentage =
Shared Rakeback
$0.75 x 0.3 = $0.225
For convenience, we'll round that up
to $0.23. This is the amount you would earn in Shared Rakeback for the
hand.
How To Calculate Dealt Rakeback
Dealt Rakeback is very similar to Shared
Rakeback. The only differences are 1) so long as you are dealt cards
in the hand, you are eligible to receive Dealt Rakeback (no contribution
necessary), and 2) the total rake is divided by all players dealt in
the hand, not just those who contribute.
At a short-handed table of 6, where
all 6 are dealt cards, you must divide the total rake ($3) by all 6
players to find the average rake amount.
Rake / All Players = Average Rake
$3 / 6 = $0.50
From the average rake, we can find your
Rakeback percentage.
Average Rake * Rakeback Percentage =
Dealt Rakeback
$0.50 x 0.3 = $0.15
The Dealt Rakeback earned for the hand
is $0.15.
Let's try one more example, with a
full table of 10 players.
$3 / 10 = $0.30
Next, calculate the Rakeback percentage.
$0.30 x 0.3 (30%) = $0.09
This hand would earn $0.09 in dealt
Rakeback
How To Calculate Rakeback: Contributed Rakeback
Contributed Rakeback is generally the
hardest to calculate because of the way it is paid. Contributed Rakeback
does not pay from a average rake amount, but rather as an exact percentage
of the player's contribution to the rake.
The first step is to find exactly what
percentage you contributed. Let's say you dropped $20 into a $60 pot,
raked at $3. To find the percentage, we must first determine what percent contribution to the pot belongs to you.
The formula is dollars contributed divided by total pot size:
20 / 60 = .3333
Now we multiply this percentage by the total amount raked to find your total contribution:
$3 x 0.3333 = $1
This $1 is what your contributed Rakeback
percentage will be paid from. Again, the average Rakeback is 30%, so
we're looking for 30% of $1.
$1 x 0.3 = $0.30
You would collect $0.30 in Contributed
Rakeback for this hand.
How To Calculate Rakeback: Tournament Rakeback
Last, we'll define how to calculate
Tournament Rakeback. The good news is, this is the easiest online poker
Rakeback to calculate. Your Rakeback percentage is taken directly from
the amount you pay in tournament fees. Note that it is only the fee,
not the buy-in, which is calculated into Tournament Rakeback.
A $10+$1 tournament has a $1 fee, so
at 30% Tournament Rakeback...
$1 x 0.3 (30%) = $0.30 Tournament Rakeback
A $50+$5 tournament would earn $1.50
in Tournament Rakeback.
$5 x 0.3 = $1.50
For more information on the various forms of rakeback, please visit the following pages:
Rakeback Offers
| | 27% |
| | 30% |
| | 30% |
| | 30% |
| | 33% |
| | 33% |
| | 33% |
| | 33% |
| | 30% |
| | 30% |
| | 40% |
| | 30% |
| | 30% |
| | 27% |
Bonus Offers
| | VIP |
| | VIP |
| | VIP |
| | VIP |

