Betfair Poker Rakeback 40%

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Betfair Poker Rakeback 40%

CrunchPoker Staff - 26 Aug 2009

Betfair Poker are giving back 40% of Rake automatically to all players who sign-up via Crunchpoker

Join Betfair Poker now using this link to get 40% Rakeback

Here's how rakeback works at BetfairPoker. Rakeback is paid 2x a month. 'Mid-month' payments will always be made at a 'base rate' - ie. the lowest rakeback rate that a player could achieve at that point of the month.

Example:

A player rakes £1,000 in the first 2 weeks of July (before the mid-month payment) and is therefore due 30% rakeback

Although he is now likely to rake > £1,500 in the month, at this point he will receive 30% rakeback on his month’s activity - £300 (i.e. £1,000*30%) - on July 16th

Mid-month payment:

He then goes on to rake another £1,000 in the rest of July , meaning he has raked a total of £2,000 and is due 40% rakeback

He will thus then receive 40% on his £1,000 = £400, plus a further 10% on the initial £1,000 = £100, totalling a further £500

Month end payment:

Total rakeback to the player for the month is therefore £800

NB:

Mid month rakeback will be calculated on all rake generated from the 1st of the month until the previous Tuesday. Rakeback payments made on the first Thursday of the month will be on all rake generated in the remainder of the previous month

RAKEBACK REQUIREMENTS
RAKEBACK REQUIREMENTS
OLD			NEW
Betfair Points	Equivalent Rake	Rakeback %	Betfair Points	Equivalent Rake	Rakeback %
0 - 29,999	£0 - £1,499	30%	0 - 29,999	£0 - £1,499	30%
30,000 - 39,999	£1,500 - £1,999	30%	30,000 - 39,999	£1,500 - £1,999	40%
40,000 - 59,999	£2,000 - £2,999	32%	40,000 - 59,999	£2,000 - £2,999	40%
60,000 - 89, 999	£3,000 - £4,499	33%	60,000 - 89, 999	£3,000 - £4,499	40%
90,000 - 119,999	£4,500 - £5,999	34%	90,000 - 119,999	£4,500 - £5,999	40%
120,000 - 199,999	£6,000 - £9,999	35%	120,000 - 199,999	£6,000 - £9,999	40%
200,000 - 299,999	£10,000 - £14,999	36%	200,000 - 299,999	£10,000 - £14,999	40%
300,000 +	£15,000 +	37%	300,000 +	£15,000 +	40%