Setting up your rakeback

Your rakeback is an integral part of your earnings: here's how to set it up the right way.

Gandalf

Gandalf

Co-founder of Poker Sciences

Setting up your rakeback

As promised in chapter 2.1, let's now see how to set up your rakeback in Poker Spin Tracker. It's one of the few settings the tracker asks you to enter manually, and it's important to get it right: this value feeds into the calculation of the 4 profit modes.

A misconfigured rakeback means all your curves and all your projections become wrong. So let's take a few minutes to set it up properly.

1. Where and how to set up your rakeback

Rakeback is set directly from the Dashboard, in the input field of the Rakeback card. Simply enter your rate as a percentage (e.g. 20 for 20%).

Rakeback input field on the Rakeback card of the Dashboard
Simply enter your rakeback in the bottom-left corner.

The tracker automatically recomputes all your curves as soon as you change the value. No need to re-import your hands.

Playing on multiple rooms? A button lets you define a different rate for each one. The tracker then automatically applies the right rate to each hand based on the room it was played on.

2. Rakeback and effective rake: don't confuse them

Be careful not to confuse two related but clearly distinct concepts: the rakeback you just set up, and the effective rake we covered in the previous chapter. Let's go through it calmly, with a numeric example.

The rake

Every time you launch a Spin, the room takes a commission: the rake. On most rooms, it's about 7% of the buy-in. On a €10 Spin, that gives:

  • €9.30 is redistributed among players through the multipliers
  • €0.70 goes into the room's pocket

Rakeback

Rakeback is the share of those €0.70 that the room gives back to you, depending on your deal. With a 10% rakeback, the room pays you back 10% of €0.70 = €0.07 per Spin. It's the parameter you just set up in the tracker.

Illustration of rakeback: the room gives back a small part of the rake
Rakeback is simple: the room took a lot from you (rake) and gives you a little of it back.

Effective rake

Effective rake is the real rake you actually pay in practice. And it isn't necessarily equal to the 7% advertised by the room.

Why? Because, as we saw in the previous chapter, out of the €9.30 that's supposed to be "redistributed", a share is actually reserved for the big multipliers (x1000, x2500, x10000) that you'll probably never hit at your volume. That share, you won't see it come back into your bankroll. In practice, it behaves like additional rake: money that goes out and never comes back.

Bottom line: your effective rake can climb to 10%, 12%, sometimes more, depending on your room and your volume. And it's this value, not the advertised 7%, that truly weighs on your earnings.

ConceptWhat is it?Who decides it?
RakebackWhat your room gives back to you (cashback, bonus, tickets)Your deal with the room. You enter it in the tracker.
Effective rakeThe rake you actually pay given your volumeAutomatically calculated by the tracker (see Effective EV Profit in the previous chapter).

Rakeback comes on top of your earnings: it's money the room gives back to you. You can change it by switching rooms, by increasing your volume to reach a higher tier, or by going through an affiliate system.

Effective rake, on the other hand, you can't really adjust directly: it depends on the multiplier distribution of your room and on your played volume. That's what makes the pink curve Effective EV Profit lower than the purple curve EV Profit on small and medium samples.

Key takeaways

Rakeback is one of the few settings you need to enter manually in the tracker. A small but worthwhile effort, since rakeback affects all your profit curves.

Where: in the input field at the bottom-left of the Dashboard. Optionally with a different rate per room.

Don't confuse: rakeback (what the room gives back to you, which you enter) is not effective rake (the rake you actually pay given your volume, computed by the tracker).

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Setting up your rakeback