Luvin Poker Rakeback
written by: John
Online Poker » Poker Room » Luvin Poker Rakeback
Luvin Poker is a relative newcomer to the online poker scene, though they've managed to build a loyal player base quickly. Luvin Poker assesses a fee on every pot awarded through the site, and this fee is commonly referred to as rake. The rake is used to pay for necessary operational costs such as software development, customer support and advertising. The rake is supplemented by tournament entry fees, all of which allow Luvin Poker to provide their services without a membership subscription fee. Luvin Poker has implemented a VIP program that allows players to earn a certain amount of their rake value back each month.
Luvin Poker's Rake Scchedule
Before players are able to earn Luvin Poker rakeback, they'll need to participate in real money cash games, where rake is automatically taken from each pot. Five percent of each pot is usually taken by the house as the rake fee, and this figure can vary slightly based on the stakes, table size and game type. For example, in a typical poker game with a $20 pot, fifty cents would be awarded to Luvin Poker as rake, while the other $19.50 would go the winner of the hand.
Luvin Poker has also implemented a rake maximum to prevent larger pots from having an excessive amount of rake taken from them. The rake maximum coincides with the table limits, meaning that the maximum will be very low (under one dollar) at the lower stakes tables. The overall rake maximum across the entirety of Luvin Poker is $3. This is a boon to high stakes players who might be turned off by rake maximums found at other poker sites, which can reach $5 or more.
Luvin Poker Rakeback Program
The Luvin Poker rakeback program is somewhat unique in that you'll receive your rakeback value through free tournament entries and merchandise instead of actual cash. Although this system may be less appealing than a traditional cashback program to some players, players who regularly succeed in tournaments may enjoy the system.
As you play real money games and tournaments at Luvin Poker, you'll earn PokerPoints. Each day, Luvin Poker hosts three freeroll tournaments that can only be entered using PokerPoints. It costs 50 PokerPoints to enter a tournament, each of which have guaranteed prize pools of $20. The winner of the tournament will receive $6. In this way, you can earn up to $18 per day by winning all of the freeroll tournaments. When you consider that it is effectively free to enter each tournament, it's easy to understand how skilled players can take advantage of the Luvin Poker rakeback program.
