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What is Rakeback?


As the phenomenon of online gambling grows, so does the number of websites affiliated with it. Online gambling has exploded in the past decade or so, with players being able to win millions of pounds in some cases.

Because there are so many different websites that are trying to gain a market share of online gambling, some of these websites have taken extra steps in order to ensure that their players continue to play exclusively with them. One of these steps is known as Rakeback.

What is Rakeback you may ask? It is simply a way that gambling sites can offer players an incentive in order to play with them. Rakeback usually means that these sites will offer players a percentage back of their payment into tournaments and other events.

If players have a chance of retaining a certain percentage of their buy-in, regardless of whether or not they win or lose, it is a great incentive for that player to continue playing exclusively with that website.

The amount of Rakeback that a player receives usually depends on how many games that they play with that particular website. The more hours that they spend and the more games that the play, the larger the percentage of Rakeback will be. Most online sites now offer some kind of Rakeback, it truly does help to retain players.