Flat Rakeback vs VIP Rakeback
There are two ways to earn rakeback on your play at online poker rooms: flat rakeback and VIP rakeback, also known as rewards or a ‘VIP program’. What’s the difference between the two systems?
Flat Rakeback vs. VIP Rakeback Summary
Flat Rakeback – traditionally what most poker rooms would offer. With this deal, you get a simple fixed percentage back (usually 27-40%) on your rake paid to the poker room. Rakeback payments are paid in cash daily, weekly or monthly directly into your account balance.
VIP Rakeback – a more complicated deal where you redeem frequent player points in the client for certain perks, such as bonus offers (cash that requires more play to unlock) and tournament tickets. Your equivalent rakeback percentage may depend on your play volume, or winrate (e.g. the Essence method).
What is ‘Flat’ Rakeback?
Flat rakeback programs mainly works in this sense: If you join a poker room and their rakeback is 27% then you will get a fixed portion back on every hand or tournament you play. In this case you will receive $0.27 back for every $1.00 you pay in rake or tourney fees.
In addition, some flat rakeback programs offer payments on demand, so you can collect your rakeback when you choose with no waiting. Two popular rooms for this are Americas Cardroom and BlackChip Poker.
- Americas Cardroom’s flat rakeback program offers its players 27% rakeback each week, and you get to choose when you will get paid with on-demand payments.
- BlackChip Poker’s rakeback is 27% of the total rake. This includes fees paid during the real money play in Sit & Gos, cash games, or tournaments. The percentage does not change when playing and you can request payment on demand.
- iPoker Rakeback ranges from 40-70%, but is still flat. It matters where you sign up, for example, at Rakeback.com, you can get 70% flat on Winner.com which is on the upper tier of the iPoker Network.
What is ‘VIP’ Rakeback?
A VIP rakeback poker program is basically the same as a regular rakeback, except it pays out cash or bonuses to players based on milestones, status and other factors. VIP rakeback gives different cash back percentages based on points you generate by playing online poker.
A well-known VIP programs is that of PokerStars.
- PokerStars’ VIP program has different levels where the rakeback ranges from 12-74%. The more the player plays, the more rake they will have to pay, but the greater percentage rakeback they’ll collect.
A current trend in the industry is for rooms that previously offered flat rakeback to switch to using VIP programs, a model seen to improve game conditions for recreational players.
No matter the system on your room of choice, there will be regulars making the most of rakeback to boost their winrate – so called ‘rakeback pros’.