Payday
Betfair Rakeback is paid twice a month on every first and third Thursday of the month - a main payment at the end of the month and a top-up payment at mid - month.
Rake up to £1,500 in the first two weeks of a calendar month and your mid-month rakeback will be 30% rb, but if you then go on to rake over £1, 500/month you will receive 40% rb for the second half of the month plus 10% for the first two weeks.
Bonus
$1,500 sign up bonus for New players:
- Bonus code: BF1500
- Receive a bonus of up to $1,500 based on the number of Betfair Points generated
- Bonus is effective from your first hand played
- Bonus is valid for 60 days only
- First hand must be played within 30 days of registration to qualify
- Bonus is paid every Wednesday for Betfair Points generated in the previous week i.e. Player will receive $10 if they generate 400 Betfair Points
- Payments are made in increments of $10
Rakeback
30% automatically and 40% rakeback for all players who rake more than £1,500 (30,000 Betfair points) in a month.
Rakeback rates:
| Monthly Rake | Betfair Points | Rakeback% |
| 0 - £1,499 |
0 - 29,999 |
30% |
| £1,500 + |
30,000 + |
40% |
VIP Details
Poker rooms use several different methods to calculate rake.
It is essential to be familiar with the method used because it has an effect on your player MGR and rakeback.
According to Betfair, the method used to calculate rake and implicitly the Betfair rakeback is the average contributed rake method.
Comment
Betfair Poker is one component in the Betfair portfolio which includes the world's most dominating betting exchanges, casino and skillgames. Betfair is dominating the betting exchange market with a market share of more than 80%. A lot of successful sports bettors try poker where many of them are not so successful. Commonly big sports betters will play medium-high stakes when they play poker.
Betfair has since October 2006 broken out and created their own stand-alone network.
Betfair review
Betfair is one of the largest sports betting operations in the world today. They're also involved with casino gaming and other aspects of online gambling. What this means to you is that Betfair's poker room will be flooded with people who have absolutely no business playing poker. What you and I both know is that these guys are the ideal poker opponents. Those coming from casino gambling are usually risk-takers. Just the kind of people who make the best fish in online poker. Sports bettors are a more calculated breed, though they too tend to play lousy poker. Add to that the Betfair rakeback and you have the makings of an excellent deal.
Value-wise, Betfair is definitely a poker room worth joining. Previously a member of the Cryptologic network, Betfair decided they had more than it took to create their own poker network and own software. What they came up with is a less-than-impressive looking user interface, hiding a lean, mean not to mention smooth running poker client. You can play 15 tables in this room, at the same time, so those Betfair points and that Betfair rake back should flow in fast. They update their software regularly and have recently included mini table views in order to make multi-tabling less challenging for the players.
Player traffic is good. With 3,500 players at ring tables at peak hours and 12,000 at tournament tables, you be the judge of where Betfair is traffic-wise, compared to the competition. In case you hit the sign up button above, you'll get the Betfair rakeback shown in the table above, and that, together with the loose tables, provides some excellent value.
Bonus-wise Betfair is a pretty generous poker room. They advertise a very hefty signup bonus topped off by the 40% Betfair rakeback. Here is how the bonus works: As soon as you sign up, you will be eligible for their whole bonus. You have to play your first raked hand within 30 days of your sign-up to really qualify though. As you generate rake, playing the real money tables at Betfair, your bonus is slowly unlocked. For every 400 Betfair points generated, you have $10 of your bonus redeemed. The bonus is paid out every time you unlock a $10 batch. The real deal here is the Betfair rakeback though, which can be as high as 40%.
This way Betfair makes sure you always have something in your bankroll, even if you are no better than the casino-players you are faced with. You have 60 days to unlock your bonus, after that, it expires. The rakeback Betfair gives you is paid twice a month too.
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