It’s becoming common knowledge that the rake is what makes the online casinos and poker rooms massive profits. Sure it’s only 2-5% of the pot, a marginal amount for the players, but when you look at it in context you see where the profit is.

5% of a 100 dollar pot is 5 dollars. And let’s be conservative and say that there’s only 1000 hands a day at the popular rooms of that value. That’s 5000 dollars a day. 1.8 Million a year. Not a bad profit margin if you ask me.

But it’s becoming more and more common for players to get a rackback through a third party company that pays out a percentage of the rack you’ve paid in. And more and more poker rooms are offering rackback programs to keep players enrolled and playing.

And it’s only getting better. With the secret out, several of the rackback companies are not competing amongst one another to offer better rackbacks. Some offer up to 60% of what you’ve paid in on the rake, which over time can add up to 100s or 1000s of dollars a month depending on how much you play poker.

But for visitors of Everest Poker, Everest offers it’s own incentive program for it’s members which equals the offer from most rakeback programs. It’s called the Summit Club and depending on your level of activity on the site you can win back Summit points which can be exchanged for cash money into your account. For more information check out: Summit Club

This entry was posted on Wednesday, December 3rd, 2008 at 11:15 am and is filed under Fun On The Net, Gambling Wheel. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.