Shared Rakeback
Shared Rakeback is a less common online poker rakeback method that is a lot like Contributed Rakeback, except that the weight of a player’s contribution does not affect their actual rakeback earnings.
Note: When seeking out online poker rakeback deals, you’ll often find Shared Rakeback referred to as Contributed Rakeback, but if you read through the details, you should see that it is actually called Average Contributed. Shared Rakeback and Average Contributed Rakeback are the same thing.
What is Shared Rakeback
Shared rakeback is a method of calculating rakeback where the total rake is divided by all players who contribute any amount to the pot. The result is known as the Average Rake. The poker room then uses the Average Rake to pay each player’s rakeback.
For example, if you are earning 30% Shared Rakeback, and the total rake is $2, divided by 4 contributing players, the Average Rake would be $0.50 ($2 / 4 = $0.50). You would then receive 30% of the $0.50 Average Rake, for a total of $0.15 in Shared Rakeback earnings.
Please be aware that you will only receive Shared Rakeback if you contribute at least one chip to the pot, and the hand goes on to be raked. A hand that does not see a flop will not be raked, paying no rakeback to the players.
Calculating Shared Rakeback
We touched on this subject in the example above, but here we’ll go into further detail and give you the exact formulas for calculating Shared Rakeback.
Step 1: Find the Rake (The standard rake is 5% of the total pot, capped at $3.) Divide the total pot by 5%.Pot / 5% = Rake (not to exceed $3)
Step 2: Find the Average Rake Divide the Rake by the number of players who contributed to the pot.Rake / Contributors = Average Rake
Step 3: Calculate Your Rakeback Divide the Average Rake by your Rakeback Percentage.Avg. Rake / Rakeback % = Shared Rakeback
Who Needs Shared Rakeback?
Every online poker rakeback deal is designed in such a way as to benefit certain player types more so than others. Shared Rakeback is often preferred by players classified as Loose/Passive. At first glance, this may seem like a “bad” poker player, but that’s not necessarily the case.
A loose poker player is, in general, one that likes to see the flop before giving up on a hand.
A passive poker player is one who does not like to invest a lot of chips without very good reason.
When you put these together, you get a poker player who sees more flops, but only when it doesn’t cost much to do so.
Loose/Passive poker players will be eligible to earn Shared Rakeback frequently, because they are contributing a minimal amount to the pot rather than folding all hands that aren’t considered excellent starters. Most often, the player is going to be contributing less than the average rake on hands that are folded after making that minimal contribution. Anytime your exact rake contribution is lower than the average rake, Shared Rakeback becomes the most beneficial online poker rakeback method.
If you are looking for a shared rakeback poker deal we recommend UB.com (UltimateBet.com).
Read our complete UB Rakeback Review
