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Betfair Poker Summary

Originally launched in 1999 as an online sports betting operator, Betfair soon expanded its services to include an online poker room and casino. Betfair Poker relies on its own personal prowess, and a stellar one at that, to attract and retain players, choosing not to become a part of any other network or shared player base. One of the most popular online gaming services in all of Europe, winning the Queen’s Award for quality, Betfair Poker has something for every – a strong software platform, valued tournament schedule, good game variety and lucrative promotions.

Betfair Poker welcomes all new members with a bankroll padding bonus of up to $500, regardless of the player’s initial deposit amount. This amazing bonus can be worth as much, or as little, as the player chooses. The more serious you are about your online poker play, the more you can expect to earn. When you sign up with Betfair Poker through this web site, you’ll not only get this awesome welcome bonus, but a Betfair Rakeback deal worth 30-40% rakeback.

Betfair Poker Rakeback

The Betfair Rakeback program in unique in the sense that it is progressively rewarding for all types of players, from the casual to the more serious. Applying the Shared Rakeback method of calculation, players can earn anywhere from 30-40% Betfair Poker Rakeback.

Shared Rakeback is one of the rarest forms of rakeback found these days. Like contributed rakeback, a player is required to make a contribution to the pot, however, the weight of the contribution does not matter. It is an average contributed calculation. Player’s earn the same amount of rakeback whether they place a single poker chip or 50% of the total chips into the pot.

The amount of Betfair Rakeback you earn is dependent on the amount of player points you earn in a calendar month. Those who accumulate between 1 and 29,999 points will receive 30% Betfair Rakeback. Collecting 30,000 or more points in a month boosts your Betfair Rakeback to 40%.

Betfair Poker Rakeback Payments

Typically, Betfair Poker Rakeback is paid every two weeks, on the 1st and 15th of each month – however, once you sign up and login for an account here at RakeMonkey, you are able to cash out daily whenever you please. All payments are directed straight to your Betfair poker account.

Betfair Poker Bonus & Deductions

When you make your first deposit at Betfair Poker, there is no percentage based match governing your welcome bonus. Whether you deposit $25 or $250, you can still earn as high as $500 in free poker chips. The amount of your bonus is reliant on your point accumulation over the first 60 days.

Collecting 400 poker points will automatically release $10 of the bonus. Continue earning as many points as you can, up to 20,000 to clear the highest possible $500 bonus.

Betfair Poker will take an earned bonus deduction from your MGR before calculating rakeback.

Betfair Poker Deposits & Player Acceptance

Betfair Poker supplies a vast assortment of secure payment methods to choose from. Note that US players are not permitted.

Payment Methods: Visa, MasterCard, Visa Electron, Visa Delta, Maestro, Laser, Solo, EntroPay, NETeller, Moneybookers, PayPal, ClickandBuy, POLi, BPay, 8 Pay, Western Union, Bank Transfer, Bank Transfer Express and Check/Cheque.