What is rakeback promotions?
The ‘rake’ is the amount the poker room removes from each pot, as a fee, for hosting/offering the poker game. The amount taken from each pot varies by limits, but is generally anywhere from $1-$3 on average per hand.
What is rakeback?
When you sign up with a poker room through Community Gaming News , you will receive a refund for every $1.00 that you pay in rake. This refund is known as rakeback. No matter what limits you play, whether you are a professional or just play poker for fun, receiving rakeback will greatly increase your win-rate, and allow you to make more money.
What is “Total Rake” or “Net Revenue”?
Each Online Poker room may have a different term for “Total Rake” or “Net Revenue”, but it is essentially the total rake paid by you as calculated by the poker room. When Community Gaming News pays your rakeback, it is always a percentage of your Net Revenue.
What is a Rakeback Provider?
A rakeback provider is a company that advertises for a poker room or a group of poker rooms. Rakeback providers are paid a percentage of Total Rake for each one of their players. Community Gaming News then gives this payment from the poker room, in the form of rakeback, back to you, the poker player.
How can I get rakeback through Community Gaming News ?
The first step is creating an account with Community Gaming News . This carries absolutely no obligation and will allow you to view our members area as well. Once you have logged into your newly created account with Community Gaming News , from the left hand side of any page, select the poker room(s) you are interested in receiving rakeback from and follow the sign up instructions. Within 5 minutes you can begin playing poker and earning rakeback!
How often are my Rakeback stats updated on Community Gaming News ?
Almost all of your rakeback stats are updated daily. If a site does not update daily there will be a note of this. There can sometimes be delays with the rakeback stats updating, but these delays are usually out of our control and are usually not more than a couple of days.
Can I Still Get Bonuses at a Poker Room if I Receive rakeback promotions?
Yes! You will still be able to receive bonuses offered by the poker room and any other promotions offered by the poker room or Community Gaming News if you receive rakeback from Community Gaming News . Bonuses are deducted from your Total Rake, but it is much better to receive both bonuses and rakeback than either by themselves.
When are Rake Back Payments Made to Me?
The payments are made once a month, generally during the second week, for the previous month’s rake back that is currently due to you. For example, if you have accumulated $400 in rake back in December, this will be paid to you in January. Though we strive to make the rake back payments to you by the 15th of each month, certain poker rooms automatically make the rake back payment to your poker account. There are times when the rake back payment will be made even later than the 15th due to their poker rake back payment schedule.
Note: You must have a rake back balance of $50 or more from the previous month in order to receive your rake back payment. If you are owed less than that, it will be carried over to the following month and will paid once your total has reached $50.
What If I Still Have Other Questions
We suggest looking over the entire Community Gaming News site, particularly if you are new to rakeback or our site. We think it will not only answer your questions, but could possibly provide you with a deeper understanding of rakeback and the effect the rake has on poker. Our prompt customer service can answer almost all your questions as well. Click here to contact us!
Community Gaming News.com, the established rakeback provider sites relaunches as a new, more member-orientated site. The first version of Community Gaming News.com was dedicated to delivering the most basic deals and features for its visitors. Something it did very well and it was very successful.
The new site is completely revamped and, still providing the same basic functions just as good, but will also provide all of its members with a much easier interface. Together with many more features such as new automatic daily statistics system and an improved room select feature and sign-up guide.
The new deals include the extreme 50% rake back offers deal at Fat Bet Poker, this is a premium deal at a completely different level than the regular 20-30% deals. When you play at FatBet Poker you will receive almost double the amount of money for the same play as if you played on any other site such as Cake Poker or Absolute Poker.
Statistics freaks will be more than happy with the updated and new statistics system with detailed view of any rake and fees and how the rakeback for any particular day was calculated. A much better overview for past rakeback payouts is also available.
The rakeback industry is booming, more and more rooms offers rakeback deals to their players because the demand for rakeback is increasing at a fast pace. Communitygamingnews.com.com provides rakeback for all the most popular sites such as ultimate betrakeback, absolute poker rakeback and full tilt rakeback. Player who don’t fancy forfeiting their hard earned poker money as rake should get rakeback. There is no downside at all to having rake back on your poker account and you will get a higher value for each and every pot you play.
What is rakeback?
In order for the online poker rooms to make money they automatically take a cut of the players stake money, this is called the “rake”. Normally the commission is 5% of every pot up to a cap of $3, but this varies from room to room. You can always see how much rake your desired poker room is taking at their official site.
By playing a few hundred hands a month you are contributing a large amount of rake. This is money directly out of your earnings. You could be paying tens of thousands dollars a year just in rake. Check the Rakeback Calculator to find your earning potential.
This is where we step in; by signing up with our great offers you can get as much as 60% of the rake you are accumulating back!
Which types of games qualify for rakeback?
Every game qualifies for rakeback whether it’s No Limit, Limit Holdem, Omaha, Stud etc.
What about the fees I pay in tournaments and SNGs, do I get rakeback there too?
This depends on the poker room as some poker rooms add fees to your rake and some not. Please check on the information we have listed on each room for further details.
How do I sign up to receive my rakeback?
To start receiving rakeback, simply follow these simple steps:
* Select a room from our “Rakeback Deals” section in the menu.
* Follow the instructions on that page to create your poker rakeback account.
* Start playing poker with your new account and start earning your rakeback.
* We will confirm your account and make sure you start receiving your rakeback payments
What if I am already playing poker but don’t have any rakeback. Can I still get a rakeback account set up from you?
Yes you can. Just check out on which network your current poker room is and then go to our “Rakeback Deals” section to see which poker rooms offers we have within that network. If you are unsure of which network you are currently playing on, or have any other questions, don’t hesitate to send us an email at info@communitygamingnews.com.com and our team of experts will guide you through.
Why do I need to email you my account details when I have set up my new account?
We need to know on which poker room you have registered your account and you new username/screen name and/or account number so we can keep track of how much you rake and how much we will pay back to you in rakeback.
Can I sign up for more than one offer?
Yes, you can sign up at as many poker rooms as you like. Just be sure to email us your account details then we handle the rest.
Will there be any problems with tracking my rakeback if I reinstall/uninstall my poker room software?
No. We track you through your account name with your chosen poker room. Therefore you can reinstall/uninstall your software with no problem. It also works the same if you get a new computer.
How will I get my rakeback earnings?
Your rake back offers payments will be done monthly and directly to your account. The payment is usually made within a week of the end of the month, though at some rooms it can take up to 2-3 weeks.
The Poker Hall of Fame has announced its 2008 Class, and what a class it is.
Dewey Tomko, a three-time World Series of Poker bracelet winner, a two-time Main Event runner-up, and the holder of the longest consecutive Main Event participation record (35 years) will become poker’s newest Hall of Fame member.
Tomko will enter alongside Henry Orenstein, a Holocaust survivor who won the 1996 World Series of Poker Seven-Card Stud Championship and also cashed twice in the Main Event, including a final table finish at the 1995 World Series of Poker Main Event.
Orenstein perhaps is better known for his real occupation – an inventor – holding more than 100 patents, including those for Sesame Street toys, Snoopy toys, the Transformers and U.S. Patent 5,451,054, which gave Orenstein the exclusive right to detect and display hole cards in poker games.
It was this patent, known today as the “Hole Card Cam” or “Hole Cam” which made poker a made-for-TV attraction, creating an estimated 150,000 jobs worldwide, spurring the meteoric rise of poker and helping popularize the game to heights never before seen in its long history.
Orenstein and Tomko will be enshrined on Sunday, November 9 at the Penn & Teller Theater at the Rio All-Suites Hotel & Casino in Las Vegas during the finale of the 2008 World Series of Poker Main Event championship. ESPN will show portions of the ceremony during their November 11 telecast.
The enshrinement and WSOP final table play are open and free to the public. Seating is available on a first come, first serve basis.
The Poker Hall of Fame, established in 1979, was acquired by Harrah’s Entertainment along with the World Series of Poker in 2004. Though the Hall of Fame is virtual in nature, its membership includes poker’s most influential players and other important contributors to the game. With Orenstein and Tomko, there are 16 living members.
The main criteria for the Poker Hall of Fame is as follows:
* A player must have played poker against acknowledged top competition
* Played for high stakes
* Played consistently well, gaining the respect of peers
* Stood the test of time
* Or, for non-players, contributed to the overall growth and success of the game of poker, with indelible positive and lasting results.
The entire list of 37 Poker Hall of Fame members includes (alphabetical with year of induction in parenthesis):
* Tom Abdo (1982)
* Crandell Addington (2005)
* Bobby Baldwin (2003)
* Billy Baxter (2006)
* Lyle Berman (2002)
* Joe Bernstein (1983)
* Benny Binion (1990)
* Jack Binion (2005)
* Bill Boyd (1981)
* Doyle Brunson (1988)
* Johnny Chan (2002)
* T.J. Cloutier (2006)
* Nick “The Greek” Dandolos (1979)
* Barbara Enright (2007)
* Fred “Sarge” Ferris (1989)
* T “Blondie” Forbes (1980)
* Henry Green (1986)
* Murph Harrold (1984)
* Phil “Poker Brat” Hellmuth (2007)
* James Butler “Wild Bill” Hickok (1979)
* Red Hodges (1985)
* Edmond Hoyle (1979)
* Berry Johnston (2004)
* Jack Keller (1993)
* Felton “Corky” McCorquodale (1979)
* Roger Moore (1997)
* Johnny Moss (1979)
* Henry Orenstein (2008)
* Walter Clyde “Puggy” Pearson (1987)
* Julius Oral “Little Man” Popwell (1996)
* Thomas Austin “Amarillo Slim” Preston (1992)
* David “Chip” Reese (1991)
* Jack “Treetop” Straus (1988)
* Duane “Dewey” Tomko (2008)
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