Tournament Rakeback

The latest addition to the online poker rakeback group is known as Tournament Rakeback. Unlike traditional Rakeback offerings, Tournament Rakeback actually has nothing to do with poker rake or cash game play in general. Tournament Rakeback is paid based solely on your online poker tournament entries.

Because of the unique design of Tournament Rakeback, it is not offered as an individual online poker rakeback deal. Tournament Rakeback is presented in addition to some regular online poker Rakeback programs, whether it is Contributed Rakeback, Shared Rakeback or Dealt Rakeback. If you wish to sign up for Tournament Rakeback, you'll need to find a traditional rakeback deal that includes Tournament Rakeback.

What Is Tournament Rakeback?

Tournament Rakeback is when a player receives a percentage of their paid tournament fees back into the poker bankroll. Please note that only the tournament fee is applied to Tournament Rakeback, not the buy-in amount. For example, entering a $10+$1 online poker tournament would only pay a Tournament Rakeback percentage based on the $1 fee, not the $10 buy-in.

How to Calculate Tournament Rakeback

Tournament Rakeback is one of the easiest online poker rakeback deals to calculate, requiring only a single equation rather than a series of calculations to determine the pot size, rake size and eventual Rakeback amount. The only information required is the percentage of Tournament Rakeback you receive, and the amount of the tournament fee to be paid.

The average online poker Rakeback deal offers 30% in Rakeback, therefore we will use a 30% Tournament Rakeback in the examples below.

Example 1: You buy-in to a $20 tournament with a $2 fee. All you must do is find 30% of $2. The easiest way to do this is turn the Percent into a Decimal. This is quite simple...

30% = 0.30

25% = 0.25

20% = 0.20

5% = 0.05

You get the idea...

So the equation for 30% of $2 is:

$2 x 0.3 = $0.60

$0.60 is the amount you would receive in Tournament Rakeback for this entry.

Now that we know the equation, further examples will go much faster :)

Example 2: A $100+$10 online poker tournament at 30% Tournament Rakeback...

$10 x 0.3 = $3

Example 3: $500 + $35 at 30% Tournament Rakeback...

$35 x 0.3 = $10.50

To make things even easier, especially for calculating 30% Tournament Rakeback in your head, try multiplying the Fee by 3. Then add a zero on the end, and place your cash-wise decimal (in front of the first two digits from the left) accordingly.

For example, in the case of the $20+$2 tournament - $2 x 3 = 6, then add a zero to make 60, and your cash-wise decimal would go in front of the 60 to make $0.60. How about the $100+$10 tournament? 10 x 3 = 30, add the zero for 300, add the cash-wise decimal and you get $3.00

Do I Need Tournament Rakeback?

That's a very good question. Let me ask YOU a question - do you play pay-to-enter online poker tournaments? If you answered yes, then your own answer is yes, you need Tournament Rakeback. The only reason a player would not benefit Tournament Rakeback is if 1) you don't play online poker tournaments, or 2) you only play free online poker tournaments, such as freerolls, points tournaments, etc.

If you'd like to learn more about Tournament Rakeback strategies or other online poker rakeback offers, feel free to browse the informative links below:

Tournament Rakeback Strategy

Contributed Rakeback

Shared Rakeback

Dealt Rakeback