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Rakeback Deductions

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Rakeback is the word that holds a lot of importance among poker players all across the globe.
It is a blessing to get back a percentage of the amount that you put in the gambling site.
No matter how small the percentage is, it is always welcomed by the players.
But many a times these rakebacks come with additional terms and conditions that is not noticed by many players.
In this article, I will discuss five kinds of deductions from rakebacks which all the players should be aware of.
If you know these facts, you will not be left bewildered when it happens to you.
It should be noted that this article is not meant to frighten you in any sense.
It should not make you think that rakebacks are no more than scams.
It is a fact that rakebacks are a good way of increasing your profits if you are playing for a long time.
This article throws light on the fine prints that come as a part and parcel of the rakebacks so that the players get a better understanding of the terms and conditions lead to rakeback deductions.
You must remember that all the websites come with different terms and conditions regarding rakeback deductions.
So, you must pay attention to them before clicking "I Agree".
Deposit Bonus Deductions: There are many websites that let the poker players collect the deposit bonus and then get rakebacks.
The main method that they follow is to deduct the bonus that you get cleared from the MGR total or the rakeback number of your account.
If you earn $100 in any poker game then you expect to receive 27% of the amount.
When you get $20 deposit bonus amount but you receive mere 27% of the total amount.
The amount that you get in bonus should not exceed the rakeback total or else the rakeback number will be shown in red.
You need to then get it on the safe side or the positive side.
Frequent Player Points Deductions: When you cash out your FPPs or Frequent Player Points for buying any merchandise at the online sites, the points that you get will be deducted from the rakeback account.
Take into picture Full Tilt Poker, this site has a preset value that is deducted: that is, $.
0135 for each point.
These points will be deducted from your rakebacks.
If you are in dire need of cash then you should refrain from cashing your FPPs.
Guaranteed Tournament Overlays Rakeback Deductions Full Tilt Poker along with other poker sites, deducts from the tournament contributions that you get by playing in them.
Processing fess deductions You should understand that transaction fee at Full Tilt Poker will be shared with the player.
You must know how much rake the site is deducting from your account.
Fraud Final rakeback deduction should be avoided by all players.
If they don't do it, it is totally their fault.
At Full Tilt Poker, the fess from insufficient balance, bounced checks and charge backs are deducted from the credit cards of the players.
Source...
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