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About us
Iwannabet was created to be a rakeback site that offered more than the competition. Our focus is on providing the largest variety of partner sites along with the best deals to go with. We're continually adding new partner sites to choose from as well as adding new features to our site, such as the gift-of-the-month system, which we feel provides both incentive and reward to our users. We're also making sure our partner sites as well as our users get the most out of Iwannabet through our Partner-of-the-month promotion deals, which provide improved rakeback deals in a rotating schedule.
These are our current major focus points with Iwannabet. About rakeback
Online poker rooms charge a small fee from each pot reaching a predetermined amount This is commonly known as the rake and it's the primary source of income for most online poker rooms. Usually the rake is a few percent of the pot with a cap at $3 in cash games. For tournaments there is a somewhat different system in place, where the rake is replaced by a small fee added to the buy-in.
Rakeback acts as a refund to the players by returning a percentage of the paid rake. The amount the player takes back varies, though usually it's between 25 to 35 percent of the contributed rake, depending on the deal. That's where affiliates come in to play. Affiliate sites act as liaisons between the player and the poker room. in return for driving players to the poker room the affiliate receives a percentage of those players' rake, the majority of which they are then able to pass on to the players. The affiliate is the one offering the deals and making sure the player receives his or her rakeback. Rakeback is commonly viewed as a benign way of getting the most out of online poker for everyone involved. For poker rooms it's an affordable way of attracting more players with the help of affiliate sites, and for the players it's a fairly hassle free way to reduce the effect of the rake. Poker info
*Please note: If your rake is in any other currency than USD, we will use the exchange rate of the present day to convert your rake into USD. In order to be eligible for gifts players must rake a minimum of $250 during the time period of the active giveaway contest. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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