Casinos.co.uk: Casino News Archive
Friday 16th June 2006
Rakeback Sets Online Casinos Apart
There is a new phenomenon sweeping through the online poker world. Many top Internet poker rooms have stepped up the old Las Vegas concept of ‘player comps’ by giving away a percentage of their own take and profits through rakeback, which is in evidence at sites such as pokerraking.com.
When a player signs up to play poker online they have the option of either making a deposit to play cards with real players for real money or choose to play with free chips and allow themselves to become familiar with the game. These two options for gaming are the standard for a majority of all online poker rooms, however the introduction of rakeback is something new to many new poker rooms and is certainly ruffling the feathers of land based casinos.
Before the rakeback offers began to resurface, the online casinos and poker rooms used several methods to reward players for their loyalty. The first and most basic was the deposit bonus given by all poker rooms. Unlike playing poker at a casino, players were given extra chips based on the amount of their deposit and the hands they played. Online poker deposits are released upon a players ‘raked hand’ and dollar amount played with.
Of all the incentives given to online poker players, rakeback seems to be the most lucrative offer a new player is rewarded with.
Source:OnlineCasinoNews
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