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How is Rake Calculated on Sit & Go Tournaments?

by admin on April 20, 2009

in Popular, Rakeback Articles

Unlike how rake is calculated in cash games rake on Sit & Go tournaments and even multi-table tournaments is very straightforward.

The parameters in your calculations are going to be:

1. The buy-in and fee of the tournament

2. Your rakeback percentage

3. Number of tournaments played

So let’s say that a player plays 100 $10+$1 tournaments and is receiving 30% rackeback. First thing to know is that there is no rakeback available on the buy-in portion as it is not considered rake and is part of the prize pool.

In a $10+$1 tournament you are paying a $1 fee (or rake) to the online poker site. That is the amount that counts towards your MGR and eventually your rakeback.

So the player plays 100 tournaments paying $1 in rake to play in each tournament. He has generated $100 in rake.

To get what his rakeback award would be you simply need to multiply the rake generated by the percentage payout to come up with the total rakeback. In this case, it would be $30 which is 30% of the $100 rake.

The rakeback formual for tournaments is then:

(Tournaments Played x Rake Paid) x Rakeback Percentage = Rakeback

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SiteRackbackSign Up BonusUS
Absolute Poker 30% 150% up to $500 The poker room accepts US players
Ultimate Bet 30% 111% up to $1100 The poker room accepts US players
Cake Poker 33% 110% up to $600 The poker room accepts US players
PKR Poker 30% 100% up to $800
Paradise Poker 30% 200% up to €1,000
Players Only 33% 100% up to $650 The poker room accepts US players
Fortune Poker 30% 200% up to €1,000
Betfair 30% $1500
Aced 30% 100% up to $500 The poker room accepts US players
Virgin Poker 30% 100% up to £300
Poker Heaven 30% 200% up to €1000
Poker Nordica 30% 100% up to $200 The poker room accepts US players
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Red Star Poker 33% 110% up to $600
True Poker 27% 100% up to $200 The poker room accepts US players
Action Poker 35% 100% up to $2500
Cellsino Poker 40% 500% up to $500
Minted Poker 40% 100% up to $400
Power Poker 33% 110% up to $600
Interpoker 30% 200% up to €1000
Doyles Room 33% 110% up to $600
Gutshot Poker 33% 110% up to $600
Full Tilt Poker 27% 100% up to $600 The poker room accepts US players
Fat Bet Poker 40% 1000% up to €500
NoiQ Poker 30% 100% up to €5000

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We are pleased to offer all of the following promotions this month at Rakeback Report. Simply sign up for a valid rakeback account at a participating poker room and you will automatically be enrolled.

Site Rake Race Rake Chase Freeroll
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Cake Poker $6,000 $10,000 $10,000**
Party Poker***   $23,000  
Red Star   $23,000  
Eurobet***   $21,000  
Players Only   $16,000  
Tower Gaming***   $15,000  
Full Tilt Poker   $10,000  
Carbon Poker   $10,000  
Betfair Poker   $5,000  
Boss Media Network**** $5,000    
Cellsino Poker   $5,000  
Power Poker   $5,000  
Poker Nordica   $5,000  
NoIQ €500    

* Includes Absolute Poker and Ultimate Bet.
** Reflects the maximum amount of this promotion, prizes may vary based upon participation.
*** May not be available to all users. Contact Us to request this offer or for more information.
****Includes Poker Heaven, Fortune Poker InterPoker and Paradise Poker.

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