Getting paid to play poker might sound too good to be true, but with rakeback in poker, it’s entirely possible! Whether you’re a high-stakes player or someone who enjoys poker recreationally, you can earn rewards while playing real-money poker online. If you’re interested in learning more about Rakeback in poker, how it works, and how much you can earn, keep reading this guide from Okebet.
What is Rakeback in Poker?
Every time you play an online poker hand or register for a tournament, a small portion of the costs (betting fees/tournament fees) is collected by the casino to cover operational expenses. This fee is called the rake in poker.
Rakeback is a promotional program offered by many poker rooms that returns a percentage of the rake you’ve paid while playing poker.
How Does Rakeback Work on Online Poker Sites?

As the name suggests, poker sites with rakeback programs periodically return a portion of the rake they’ve collected from you. The amount you’ve played in a specific time frame will determine the rakeback you receive. The more you play, the bigger the reward.
The great thing about rakeback in poker is that you don’t need to spend thousands of dollars every week to benefit. Even if you play low-stakes poker, you can regularly receive small payments into your poker account at the end of each week or month. These frequent cashback payments can be incredibly helpful!
Online Poker Rakeback Deals
Different websites have various ways of distributing rakeback to players. The most player-friendly option is direct cashback. However, some poker networks prefer to offer rakeback as tournament tickets or casino bonuses instead of cash.
While tournament tickets and casino bonuses have their advantages, if you enjoy gambling, nothing beats cash. Each website has its own rakeback deals, so be sure to check what your poker platform offers before signing up.
Cash is a key factor when searching for an excellent online poker rakeback deal. This is why the best sites typically give players opportunities to earn cash as part of their rakeback programs. The most common form of rakeback is through a VIP program, where the more you play and the more rake you pay, the higher your rakeback percentage becomes.
Online poker players love to grind, and if you play at rooms offering these programs, you can be rewarded for your hours of hard work.
Speaking of high-volume play, another way online casinos offer rakeback is through rake races. These events usually last for a week, with the goal being to generate as much rake as possible on the poker site to rank high on the leaderboard. The higher your rank, the bigger the prize. Many websites award thousands of dollars in rake race prizes!
Why is Rakeback Important?
Rakeback is essential because the existence of rake makes it challenging to achieve profitability in real-money poker games.
Let’s consider an example where you play online cash games with a rake rate of 8BB/100 hands. If you beat the game at a win rate of 6BB/100 hands, this means you’re losing 2BB/100 hands to rake. If you play 100,000 hands at stakes of $0.05/$0.10, you’ll earn $600 from poker, but you’ll have paid $800 in rake, resulting in a net loss of $200.

However, if you’re playing on a site that offers a rakeback deal, you could recover some of that money. In the above scenario, a 30% rakeback offer would give you $240 back. This would transform your net results at the virtual poker tables from – $200 to + $40. As you can see, rakeback can make the difference between being a losing player and a profitable one.
Without rakeback, the poker ecosystem would have fewer winning or break-even players. The best players and poker sites would quickly drain all the money, leaving behind empty tables and empty wallets.
To prevent this and maintain player engagement, casino providers use rakeback to offset losses and incentivize players to return to their poker rooms. It works similarly to deposit bonuses that encourage users to fund their accounts and start playing poker or other games on the platform.
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Cashback at Okebet
At Okebet, we understand the importance of these programs for our players, which is why we offer the Oke Buffet Loyalty Program to maximize rakeback on our platform. The Oke Buffet Program provides players with the opportunity to earn up to 60% weekly cashback! You can play any poker or casino games to accumulate Oke Points (OP) on our platform.
As you earn more OP, you can also level up and receive additional cashback rewards at each level you reach. Once you gather the required number of OP to reach the next level, you can spin a wheel to determine your cash prize. This adds excitement and profitability to your experience!
For players who enjoy staying active in gambling, Okebet also offers Platinum Rank Rewards. These ranks provide fixed cashbacks ranging from 20% to 60% at the end of each week, depending on your level. For this reason, regular use of our platform will help you reach higher levels and earn even more rakeback!
You’ll be automatically enrolled in this program as soon as you join Okebet, no opt-in required. This means you won’t waste time filling out forms, as we already have all the information we need from your account.
If you have any questions or concerns regarding our rakeback program or anything else related to our gambling platform, feel free to contact us. Our team is ready to assist you immediately.
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