Calculate Poker Rakeback
Earning poker rakeback is a great way to improve your EV while playing online poker. After all, it is almost like receiving free money since you are getting back a percentage of what you contributed to the pot when you played poker online. At the same time, calculating how much you can expect to get from a poker room can be confusing. This article will give you a good idea what is involved and will teach you how to calculate your own rakeback.
To determine your poker rakeback it is imperative to understand how the MGR is calculated, since calculating the rakeback is simply determining the value of a percentage of the monthly gross rake or MGR.
One reason it can be difficult to understand how rakeback is calculated is the fact that there are different methods used by different poker rooms. For the most part, however, there are three different methods used by the rooms. All three of these methods involve using MGR, in order to make the calculations. The MGR is the poker room’s gross profits earned from a particular player. If the room provides a 30% rakeback and determines that the player earned the room $1,500, it will payout a rakeback of $450. Therefore, understanding
One method for calculating the MGR is the “dealt method.” With this method, the amount of money raked from the pot is divided by the number of players dealt in to determine the MGR. For example, if six players were dealt into your game and the pot rakes $3, your MGR for that pot would be $0.50. An example of a poker site that uses this rakeback calculation is Full Tilt Poker Rakeback.
The “average contribute method” is another method used to determine the MGR. With this method, you have to do more than simply be dealt a hand. In order to get rakeback, you also need to contribute to the pot in one way or another. For example, if there are ten players dealt a hand but only six of those players contributes to a pot with a $3.00 rake, you will earn $0.50 by dividing the $3.00 rake by the six contributing players.
The last method is referred to as the “weighted or actual contributed method.” With this method, the MGR is proportionate to the amount of money you contribute to the pot. If there are ten people dealt a hand and eight of them contribute to the pot, only those eight are eligible for a rakeback. If one of the players folds on a flop after contributing $10 to the pot, he will receive a rakeback that is proportionate to the amount he contributed. Aced.com Poker Rakeback uses this method to determine your rakeback.
Each poker room listed at Automated Rakeback has the method used to calculate a players rakeback so you know which method to use when estimating your rakeback and deciding where to play. Also, we have the maximum poker rakeback deals allowed by the poker rooms.
