Gambling terms, explained straight

Online Gambling & Industry

Rakeback poker

In online poker, rakeback is a rebate that gives a player back a portion of the rake they have paid to the site.

Applies to
Online peer-to-peer poker, where the operator takes rake from pots and may return part of it as an incentive.12
Amount
A small percentage of rake is returned; no exact rate is stated in the retrieved sources.1

Key points

  • Rake is the commission fee the poker site charges for operating the game; rakeback is the portion of that fee credited back to the player.12
  • The Gambling Commission defines rake in peer-to-peer poker but gives no specific rakeback rate or rule.2

Where this term is used

Sources

  1. Playing the Player: A Heuristic arxiv.org Defines rakeback as a loyalty rebate and explains the relationship to rake.
  2. Regulatory returns guidance - Financial information - General gamblingcommission.gov.uk Defines rake in peer-to-peer poker and mentions rakeback as an incentive.

Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.