Increasing Rakeback Profit
If you have been playing poker with rakeback, you will know the benefits from having rakeback. Nevertheless, their will come a time in your poker career when you will consider how to increase your profits from rakeback. This is because with rakeback, even a break-even player can turn into a profitable player.
How to Increase Rakeback Profit
To increase rakeback profit their is a few thing you can consider. You could try multi-tabling. For a new player to the online poker scene, multi tabling with 4, 8 sometime even 16 tables all going on at once seems crazy. The seasoned online poker player can be found doing this with a high level of focus and success. Multi-tabling does not come naturally for the novice poker player and should be eased into in a deliberate and methodical manner. If you are going to try multi-tabling, you would be best-advised to start with two tables simultaneously and work up to four and eight, or until you are happy with the results, without compromising your comfort zone.
By multi-tabling, you increase your profits by participating in more hands per hour than you would by playing one lone table or even playing live! For example, if you play one table you averaging $10 an hour in rake, when you play two tables, your rake will increase to $20 an hour. Naturally, if you play four tables – $40 an hour and so on.
Therefore, if you increase the amount you rake from $10 an hour to $40 an hour by multi-tabling, your rakeback will also increase. If you have a good rakeback deal, for example, 40% rakeback you would increase your profits from rakeback from $4 to $16 an hour. If you are a profitable poker player, this will increase your profits from winnings as well. Even if you have a slight profit or break even, multi-tabling with rakeback can greatly increase your over all profit.
Why should I multi-table and not increase stakes to increase my rakeback profits?
The main reason poker players multi-table instead of increasing stakes is because increasing stakes usually means increased competition, which can actually decrease your profit from playing poker rather than multi-tabling. So even though increasing stakes would increase your rakeback profit, it might decrease you overall profit which would be counter-productive. Additionally, by multi-tabling at a lower stakes game, as opposed to moving up ranks, you are better able to diversify your money – or spread it among many tables, so that you will not be subjected to any one bad beat or bad run of cards.
Multi-tabling is a great way to pad your bottom line when playing poker and receiving rakeback.