The Devil is in the Rakeback Details
Once you’ve got a good grasp of the basics of rakeback (sign up with one of the sites featured on RakeBrain and get back 30-40% of the rake you pay each month when playing online) and understand why it’d be crazy not to play with a rakeback deal, picking the best site for you to play on is often a matter of small but important details. Too many players focus on just how much percentage of their rake they may get back with one rakeback offer versus another and lose sight of some of the other details and fine print that might actually make a lower percentage deal more profitable for them in the long run.
One important factor to consider is not just where you live but also where the online site you’re playing at is licensed and regulated. In some EU countries, citizens are only taxed for poker winnings (which includes rakeback) which come outside of the EU, which applies to online sites as well. You’ll need to check your particular situation as tax laws can differ from country to country, but in some cases EU citizens are far better off to get their rakeback from an online site based in the EU as opposed to one based outside the EU; in the first instance their winnings and rakeback wouldn’t be taxable, while in the second case they could be forced to pay sizable taxes on all winnings and rakeback.
Another element to consider are loyalty and frequent player programs that online sites offer, as well as how the site handles bonuses that rakeback players may receive. While most online sites deduct the value of bonuses and other promotions from the rakeback amount that you’ll receive, not every site does so, which could make a big difference in your bottom line. The same is true of any merchandise or bonuses that you might buy via an online site’s loyalty program, so make sure you’re aware of the impact that these may have on your rakeback. RakeBrain lists all this information and more in its comprehensive reviews, so it only takes a few minutes to scope out the particulars of each site and rakeback offer.
A big advantage to being a member at RakeBrain is that you can also cash in on spreading the joys of rakeback to your friends and other players you know. For most sites RakeBrain offers its members up to 4% of what any friend they refer rakes as well, so you could be in line for some nice extra cash each and every month if you refer other players. And it’s a case of the more the merrier, as there’s no cap on how many friends you can refer and how much you can make, with different tools provided to you to help you get the word out to all your friends.
