Rakeback.com - Don't play poker without it
 

French Tax Sparks Protest & Fear

French FlagPlayers at Poker Stars, fed up with new French gambling regulations, recently held a three-hour protest in which players occupied seats, but did not play any hands. The new 2% tax is applied to all cash hands, as well as tournament buy-ins. Under the new law, poker operators are forced to take the hit or pass on the additional expense to players. Most have chosen to pass the costs on to players which has driven the organized protests.  Some have even compared the recent uprisings to the Tea Party movements seen around the United States.

Experts from some sites operating in France, including Doyles Room, Absolute Poker, Ultimate Bet, Poker Heaven, and others have estimated that the average player will actually play 26.8% fewer hands due to the increased cost.  The figures were based on computer simulations involving 1 million typical hands taking into account the increased rake fees caused by the added taxation. Experts also fear the higher rake will turn most small to moderate winning players into losing players.

One point of brigher news, however, comes from a report from Egaming.  They point out that Sweden followed a plan to lower rake in order to drive tax collections.  The resulting increase in players more than made up for the lesser rake taken by the sites.  Perhaps in the future France and other countries seeking to pass similar legislation will look to the Swedish model for guidance. 

Top Rakeback Offers

View all rakeback offers

How Much Cash Back Will I Earn?

Rakeback increases your winnings from online poker as you continually earn money back from every raked hand or tournament you play.

Many players earn a living wage from rakeback alone. Use the calculator below to estimate the size of payments you’ll get over a given period of time. The calculator will compute your expected daily, weekly, and monthly cash back depending on the stakes and tables you input.

Calculate Your Rakeback
$125
Hourly
$998
Daily
$17,472
Monthly
$174,720
Yearly

Top Poker Room Recommendation

Black Chip Poker

  • 27% Rakeback
  • $1000 Sign-up Bonus
  • Bonus Code: RBCOM

Download

Read more...