Is there a good forum post on how rake back sites work?
I'm looking into setting up a rake back site and just had a few general questions. I know not all the poker rooms approve of rake back programs and some of the ones that do offer stats and tracking. Do some of them just not care if you offer rake back and its all up to you to get the stats and get the money to your customers? You just give them a certin percent of the money your making off them? I'm just not 100% clear on how it works I guess.
Once you sign someone up and they start generating rake, it gets recorded and once the 25% reaches a set limit say $50 it gets transfered to their Nettellar account. Most of the affiliate rates are around 25%. How can these rake back sites offer rates of up to 35% and still be making money? Have they just signed-up so many players their rates are much higher?
Any help you could give me to get my tiny brain up to speed with this rake back issue would be greatly appriciated.
Cheers