Betfair Online Poker Room

Betfair Poker Cashback

VIP information on this page is accurate as of September, 2016

Betfair does not offer flat rakeback, instead players are enrolled into a VIP program.

Your ’Betfair rakeback equivalent’ varies depending on the level of the Betfair VIP Club that you reach by earning Status Points (SPs). There are three levels – Bronze, Silver & Gold. Players start at bronze.

Players earn 25 points per €1 rake paid in cash games or tournaments.

Players work towards Status Point requirements each month, which in turn earn players VIP Poker Points (VPPs) according to a VIP multiplier. Every 3,750 VPPs can be traded for €10.

VPPs can be traded for cash in the client under ’My Account’ anytime you have 3,750 to hand.

Further value can be earnt from €100k GTD Big Sundays, and €100k in depositors freerolls.

Betfair Deposit Bonus

The 200% up to €1,500 initial deposit bonus releases at a rate of €10 per 1,250 Status Points earned, equivalent to 20% extra cashback with 45 days to clear. Clear cookies and sign up via the links on this page to be tagged for exclusive Rakeback.com promotions and rake races.

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Betfair Poker Rake Structure

The ’Rake per 100 Hands (€)’ and ’Rake Paid per 100 Hands (BB)’ columns are based on 80.7 million hands of data-mining research conducted by the Rakeback.com research department.  The rake structure shown below came into effect April 5, 2014.

NO LIMIT & POT LIMIT HOLD’EM

NLHE and PLHE games are raked 5 – 6.66%. Rake is collected using the incremental method*.

5-10 Players

3-4 Players

Heads Up

* 6.66% refers to €0.01 per €0.15 in the pot. 5% is €0.01 per €0.20 above €0.05/€0.10 stakes, or €0.05 per €1 at €0.50/€1+.

POT LIMIT OMAHA

PLO games are raked with the same rake structure as NLHE & PLHE, at 5 – 6.66% incrementally*.

5-10 Players

3-4 Players

Heads Up

* 6.66% again refers to €0.01 per €0.15 in the pot. 5% is €0.01 per €0.20 above €0.05/€0.10 stakes, or €0.05 per €1 at €0.50/€1+.

LIMIT (Limit Hold’em, Stud, Razz, Limit Omaha)

NL and PL games are raked 3.75 – 4%. Rake is collected using the incremental method*.

5-10 Players

3-4 Players

Heads Up

* 4% refers to €0.01 per €0.25 in the pot at €0.02/€0.04 – €0.10/€0.20 stakes, €0.02 per €0.50 at €0.25/€0.50 – €1/€2, €0.20 per €5.00 at €2/€4, and €0.40 per €10.00 at €3/€6 – €10/€20. 3.75% is €0.75 per €20.00 at €20/€40.

Rake paid is lower in iPoker’s fast fold poker format ’Speed Holdem’ owing to a lower average table VPIP. Also read more info on the rake taken in Twister Poker games.

Betfair Poker uses the weighted contributed rake method.

Betfair Casino & Sportsbook

Betfair sports betting offers a multitude of items to bet on. You can bet on over 30 different sports from around the world. You can even place bets through the Betfair mobile phone client or Betfair iPhone app.

Betfair Casino offers over 150 games such as blackjack and roulette. You can also play over 100 games without downloading anything through Instant Play directly from the Betfair web site.

History of Changes

• 2000 – Betfair is founded by Andrew Black and Edward Wray, growing in the next decade to a London Stock Exchange floated company worth over $2bn
• Oct 30, 2006 – Betfair Poker leaves the Cryptologic network to establish it’s own software platform
• Jan 22, 2013 – Betfair moves from the Ongame network to iPoker
• Jan 20, 2014 – iPoker introduces Twister Poker, its take on the Lottery SNG format
• Apr 5, 2014 – iPoker reverts all USD tables to EUR currency then removed stakes above €5/€10 in NL & PL and above €10/€20 in Fixed Limit. The Euro rake caps raised the effective rake, 100nl with a $3 rake cap suddenly became e.g. 115nl with a $3.57 rake cap depending on the exchange rate
• Jan 1, 2015 – iPoker switches to ’source based rake’ a system which favors recreational players
• 2016 – Betfair is now a part of Paddy Power Betfair – the 2nd largest online gaming company in world after Bet365