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No Limit Holdem Rakeback
No Limit Holdem is without question the most popular form of poker nowadays. So, it goes without saying that the majority of online poker players who are interested in a rakeback deal, are very interested in how rakeback works for No Limit Holdem games.
Besides the percentage of rakeback you are receiving, the most important aspect of rakeback is how many players are at the table. How many opponents you are facing determines just how much rakeback you can receive. In this article I will break down how rakeback works for full ring, 6-max, and heads-up poker tables. I’ll break down each format to detail precisely how much rakeback you will receive depending on the number of opponents you are facing.
The first thing you need to understand how rakeback is calculated: The formula used on the majority of online poker sites is known as “Dealt Rakeback”. The amount of rakeback you will receive is calculated in this way: Total amount of rake / the number of players dealt cards at the beginning of the hand. This number (known as MGR) is then multiplied by the percentage you receive through your rakeback deal.
Secondly, you have to understand how much rake is taken from each pot, and this depends solely on the size of the pot. To simplify the process, the best way to calculate the average rake from each pot is to take 5% of the total pot: So, a table with average pots of $10 will have an average rake of $.50/hand: A table with average pots of $100 will have a rake of $3/hand –Because the rake is capped on virtually every online poker site at $3 ;)
Ok, now that you understand the basics, here is how your rakeback earnings will vary depending on the No Limit Holdem format you choose to play in.
Full Ring Rakeback
Players who prefer to participate in Full Ring games (games with 9 or 10 players) will receive the least amount of rakeback, for the simple reason that the rake is being divided between more players.
For instance, if you prefer 10-handed tables, and play in games where the pot is raked about $1 on average, your MGR would be roughly $.10/hand ($1 in rake / 10 players = $.10 MGR). So if you are playing with a 30% rakeback deal you would receive approximately $.03/hand in rakeback.
6-Max Rakeback - Shorthanded Rakeback
Poker players who prefer short-handed games (5 or 6-handed) will make more from their rakeback deal than a player who competes at full ring tables; even if the average pot is raked the same amount!
So, even if the circumstances are exactly the same as in my full ring example; instead of $.03/hand, someone who plays 6-handed games will receive $.05/hand ($1 in rake / 6 players = $.05 MGR). That works out to a $.02/hand increase just for playing short-handed tables! Even a casual player --who puts in maybe 500 hands per day, 5 days a week—would stand to gain $2,600 per year by switching from full ring to 6-max tables. Not to mention that with fewer players you will play more hands per hour, which equals even more money from your rakeback deal!
Heads-Up Rakeback
If short-handed games offer a good boost to your rakeback totals than heads-up tables are a goldmine for rakeback players! With just two players sharing the rake, a heads-up player will quintuple what a full ring player earns in rakeback –not to mention that heads-up players will see about three times the hands in the same timeframe as a full ring player.
From a 30% rakeback deal, at a table with an average rake of $1, full ring players will make about $.03/hand; 6-max players will make about $.05/hand; and heads-up players will make an astounding $.15/hand ( $1 in rake / 2 players = $.50 MGR).
From a rakeback perspective, heads-up tables are definitely the way to go.
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