Guide poker
Estimating Your Monthly Rakeback
When managing your poker earnings, you really need to gauge your wins and losses over the long haul. Look at the alternative: you get a big win and consider yourself an overall winner. This doesn’t account for the string of losses that led up to that big win, which didn’t even put you back at even. It can actually be comforting to look at your earnings over a month, rather than a day. You can have one awful day and make it up the next time around. The idea is to come out ahead over the long haul, not just after one or two games.
The same is true when you calculate rakeback. Don't just look into the amount you’re saving on a game-by-game basis, look at how much you can save on a month-by-month basis. Your monthly rakeback returns can then be added to your monthly winnings. If you end up with a loss on the month, your rakeback earnings might just make up the difference. Your money’s at stake here so you should think seriously about organizing earnings, deposits, bonuses, rakeback and other factors.
Estimating monthly rakeback is also a good way to comparison shop between the many rakeback deals. A rakeback calculator will normally show you your rakeback earnings on a daily and monthly basis—really, the latter is the most important. You plug in different sets of figures like table limits, the number of hands you play, plus the rakeback percentage that you intend to get, and the rakeback calculator estimates how much you stand to earn by the end of the month.
Whatever your game you play and whatever limits you enjoy, a rake back calculator is a very important tool for organizing monthly finances. Even if you find yourself losing, you know that you’ll be getting some of that lost cash back via rakeback. It’s not uncommon for rakeback providers to pay rakeback on a monthly basis, so this is another reason why estimating monthly rakeback is more important than daily games.
Just be sure to read all the terms and conditions of your rakeback deal. Some poker rooms will subtract monthly bonus earnings from your net rake. This will serve to lower you rakeback returns. Tourney fees may also be subtracted. If a site is going to subtract bonuses and tourney fees from your net rake, it will have a negative impact on the amount of rake you receive. Just make sure you know what the restrictions to look for before you accept a rakeback deal. If you can find the right offer, you can drastically increase your monthly poker bonuses.
