Victory Poker Rakeback Frequently Ask Questions (FAQ)
If it's your first visit on this and you've just opened your rakeback account at VictoryPoker, you should read this quick FAQ.
What is rake?
The 'rake' is an amount of money, a fee, that the poker site takes from each pot you play in. This is how a poker room makes money and is able to operate. This fee taken from the pots varies depending on the limit you're playing, but it is generally an average between $1 and $3 per hand.
What is rakeback?
When you sign up to VictoryPoker.com through RakebackVictoryPoker.com, you will receive part of that fee back for $1.00 that you pay in rake. This amount paid back to you is known as rakeback. You can be a professional or an amateur playing for fun, a high stakes poker player or a low stakes grinder, getting rakeback will improve your win rate, by giving you more money back.
What is "Total Rake" and "Net Revenue"?
Both these terms, "Total Rake" and "Net Revenue", mean the same thing. It is basically the total amount of rake that you paid, as calculated by Victory Poker. When you receive your rakeback from Victory Poker, it will be a 40% percentage of your Total Rake generated.
What is a Rakeback Provider?
A rakeback provider is a website / company that has a deal with a poker site, whereas it is able to give back a percentage of the Total Rake back to the player it sends to the poker site. Victory Poker pays a percentage of the Total Rake you generate to Rakeback Victory Poker - Rakeback Victory Poker then pays back this rake to you, the poker player. This is the only way for a poker player to receive Victory Poker Rakeback.
How can I get rakeback Victory Poker Rakeback?
First, you must create an account on Rakeback Victory Poker. There are no obligations, and it will allow you to see the member area. Once your account is created, you can login and select Victory Poker on the left side and follow the sign up instructions. It will take less than 5 minutes before you're sitting at a poker table getting your victorypoker rakeback!
How often are my Rakeback stats updated?
Almost all of your rakeback stats are updated daily. If it is not the case, there will be a note telling when the stats are being updated. At times, it is possible that there is a delay in the stats of no more than a couple of days, this is unfortunately out of our control.
Can I Still Get Bonuses at a Poker Site if I Receive Rakeback?
Yes! You are still eligible to the every day promotions and reload bonuses offered. However, these will be deducted from your Total Rake. Also, please note that Victory Poker does not offer the first deposit bonus to players who sign up for rakeback, but you can still benefit from their future offers.
When Do I Receive my Rake Back Payment?
The majority of poker sites pay rake back automatically to your poker site account. Others pay weekly, bi-monthtly or monthly. For poker sites that do not pay rakeback automatically in your poker site account, the payment will be made here at our Payments section at 12:01am CT on the 10th day of every month for the previous month's rake accumulated.
Note: For payments from our Payments section, the rakeback balance must be of at least $20 or more from the previous month in order for the rake back payment to be issued. If your rakeback balance is less than $20, it will obviously be carried over to the nest month and will be paid to you once your total has reached $20.
I Have Other Questions, What Do I Do?
You can browse our website for more information, as we've worked hard to make it as exhaustive as possible. Also, you can contact us using the contact form at any time. We usually reply in less than 1 business day!
