Because we are the best, we have been poker rakeback experts for over a decade now. We have helped countless online poker players find the best online poker rakeback deals and helped them claim thousands of dollars. At the time of writing we have raked back over $150,000,00 for over 250,000 poker players! Do you need another reason than that? 888 Poker has been seen by many as the success story of 2012/2013, in the first quarter of 2013 888 recorded an increase of 9% on last year’s figures. This can be attributed to 888’s successful marketing campaigns and industry innovations including 3D and webcam tables. The 888 Poker Network is one of the largest online poker networks in the world, which means that you will find the game you are looking for at any given time. Check out our state-of-the-art 888 Poker Rakeback Deal and our 888 Poker Review.
888 Poker Rakeback Review
Can you get rakeback at 888 Poker? The answer to that question is, on one level, pretty simple: Yes, 888 Poker has programs that allow you to receive some of the rake you pay at their cash games or the fees you pay to enter 888 Poker tournaments back into your account.
But the question gets a bit more complicated when you dig into exactly how rakeback is awarded at 888 Poker - and when you ask how much rakeback you can earn at 888 Poker. We've got the answers to those and other points of interests for players considering 888 in this article covering rakeback at 888 Poker.
Is 888 Poker rakeback available?
Yes. You can get rakeback at 888 Poker. But if you're thinking of rakeback in the old school sense of the term, where you get a certain percentage of your rake returned to you no matter how much you play, then you're thinking of something different than the rakeback that 888 Poker offers.
Rakeback at 888 Poker is paid out through the 888 Poker VIP Program. There are varying tiers to the program, and the higher tiers bring with them higher rakeback percentages. Moving up tiers requires monthly (and potentially annual) rake targets.
How can I figure out 888 Poker rakeback?
Determining the rakeback value of a specific bonus, promotion or VIP level only requires a small amount of math. The basic formula you should be working with looks like this:
Amount of reward / Amount of rake required to generate reward = Rakeback value
Simple as that. Let's take the opening bonus at 888 Poker for an example. You get 100% on your first bonus up to a maximum of $400. To earn each $10 the bonus, you need to get 100 status points. You get 2 status points from 888 Poker for every dollar you pay in rake, meaning that earning the whole $400 bonus will require 4000 status points, or $2000 in rake.
So let's take those numbers and go back to our formula:
Amount of reward ($400) / Amount of rake required to generate reward ($2000) = Rakeback value (20%).
You can apply the same formula to VIP rewards and practically any bonus or promotion 888 Poker offers. Remember, as you move up the tiers of the VIP program at 888, you earn points at a faster rate - meaning the amount of the bonuses you get for the same amount of play is greater at the higher levels than at the lower levels.
What is the maximum rakeback rate at 888 Poker?
The top posted cashback percentage of the 888 Poker VIP program is 36%. You can earn additional 888 Poker rakeback via the 888 Poker opening bonus and other ongoing promotions at 888.
How do I sign up for 888 Poker rakeback?
As 888 Poker rakeback is awarded through the VIP program and standard promotions, you don't need to do anything to sign up for rakeback at 888 Poker - all players are automatically eligible. But to maximize your rakeback earnings at 888 Poker, you will need to ascend the tiers of the 888 VIP Program - click here for complete details on the tiers and requirements of the 888 Poker VIP program.
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Rakeback = Cashback. And you can get up to 80% back each month!
Just as you can get cashback on real world purchases, so you can get cashback when you play online poker. It’s called 'rakeback' because you get a portion of the “rake” that the house takes as fees. It all adds up and though you don't really notice it, you could be paying thousands of $$$ a year in rake. It’s crazy not to get a portion of that back.
We pay between $1 and $15,000 back to players each month regardless of whether they win or lose. This is in addition to all the extra promotions that we run plus the bonuses and extras that you get directly from the poker rooms. By signing up with us you can only get MORE than you would normally from the room directly.
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