HOW IS THE RAKEBACK CALCULATED?
The total of the players total individual rake contribution, STT fees paid and MTT fees paid are calculated on a weekly basis (Monday 00:00 to Sunday 23:59) and a percentage is then paid out according to the following tiers.
From $10 up to $500
From $500 up to $1250
Please note that only completed hands and tournaments are taken into account at the time of the rakeback calculation. For example the big Sunday night tournament often runs past midnight therefore its fees will apply to the next weeks calculation.
WHO GETS RAKEBACK?
All players who have contributed a minimum of $10 in rake/fees in the preceding week and whose account is in good standing at the time of rakeback payment.
HOW MUCH HAVE I MADE SO FAR?
You can check how much rakeback you will be paid in the promotions section of the cashier
WHEN DO I GET PAID?
Players will have their rake back deposited into their account every Monday, there are no conditions attached to these funds and they may be withdrawn should the player wish to.
Rakeback Terms & Conditions:
- The promotion runs from 12am on a Monday to Midnight on a Sunday and only completed hands and tournaments that fall in this period will be used for calculations.
- Players must contribute a minimum of $10 in total rake/fees to qualify
- Silver Sands Poker reserves the right to change the rules and prizes or cancel the promotion at any time without notice.