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  1. #1
    Join Date
    Jul 2008
    Posts
    4

    Default Deductions from Rakeback

    Hey guys,

    I am just wondering why deductions of poker fees imposed on us for deposits are being deducted from our net rake. Aren't we the ones paying this amount, why are we getting less rake because of it?

    Please let me know.

    Thanks,

    NP753
    PoKeR StUd

  2. #2
    Join Date
    Feb 2006
    Posts
    2,258

    Default

    The rake a poker room charges from you is their profit, and any deposit fees incurred by your deposits are losses.

    Rake stays the same, but in the rakeback calculations fees are generally deducted from rake to get to the net profit of poker room, on which rakeback is based on.

  3. #3
    Join Date
    Dec 2008
    Posts
    653

    Default

    there's some goofy math going on here. i signed up a few days ago and my account was just activated. so far, i've paid $8.55 in rake, but only earned $0.28 of rake back. that's nowhere near 27%. it's barely 3%. it not even worth the time.

  4. #4
    tony's Avatar
    tony is offline Former Customer Relationship Coordinator
    Rakeback.com
    Join Date
    Feb 2007
    Posts
    2,108

    Default

    Hello DeadBabySoup,

    Please check your email I sent you an answer there.

  5. #5
    Join Date
    Nov 2008
    Posts
    6

    Default

    Tony same with me, I've paid at least $25 in rake and have only some cents in rakeback tracker. Could you explain that?
    Last edited by tnkyoukomagen; 30th December 2008 at 09:52 PM.

  6. #6
    Join Date
    Dec 2008
    Posts
    653

    Default

    Quote Originally Posted by tony View Post
    Hello DeadBabySoup,

    Please check your email I sent you an answer there.
    i got your email and i replied with no response. it shows 3 $2.50 transaction fees. but i've only made one deposit. so i don't understand why i would have incurred 3 separate fees.

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