In the beginning, there were only the normal signup bonuses. These bonuses were relatively easy to understand and because of that it was very easy to compare them across websites. With newer deals like the poker rakeback however, things are a bit harder to understand because the deals are not plain like bonuses. With a bonus, it will say something like 100% up to $100 and you know right away what the maximum potential is. A 35% rakeback is something that does not tell you that much, because most of the good information is stuck into the terms and conditions.
A rakeback, just like a bonus, has some terms and conditions that come along with it. Every single rakeback deal has a method of payment in the terms and conditions that specifies exactly how you will get the money that you earn through the rakeback deal. With most of them, it will be a payment into your real money poker account that happens either weekly or monthly. With others however, it might be a direct payment to your registered payment method or it might even just be credit that you can then use at tournaments to attempt to parlay those credits into actual cash. The point is that different sites will do different things, so checking the terms and conditions is very important before accepting any poker rakeback deal.
One of the tricky things about the poker rakeback deal is that you only get the actual percentage when the deal is being advertised. With an online poker bonus, 100% up to $100 is actually very informative because it tells you how much of your deposit will count towards the bonus and it tells you what the maximum bonus is. A rakeback of 35% just tells you 35% of rake is what is being used as the payment figure, but it does not tell you if there are any minimum or maximum stipulations. It also does not tell you how that rake is calculated.
Generally, rakeback is calculated according to a figure known as contributed rake. The contributed rake that you generate is rake that is specifically taken from your contributions to the pot. This means that if you are in a hand and cards are dealt, you do not get credit for any of the rake unless it was taken because of your contribution to the pot. There are still some sites that divide the rake evenly per hand per player with cards in the hand, but most have stopped doing that as that method of accounting tends to lead to ultra-tight games by the rakeback players. It is prevalent enough however to still be something that you should keep an eye out for.
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